View Past PerformanceSolar Applied Materials Technology バランスシートの健全性財務の健全性 基準チェック /36Solar Applied Materials Technologyの総株主資本はNT$17.2B 、総負債はNT$15.6Bで、負債比率は90.3%となります。総資産と総負債はそれぞれNT$39.2BとNT$21.9Bです。 Solar Applied Materials Technologyの EBIT はNT$5.3Bで、利息カバレッジ比率20.9です。現金および短期投資はNT$3.0Bです。主要情報90.25%負債資本比率NT$15.55b負債インタレスト・カバレッジ・レシオ20.9x現金NT$3.02bエクイティNT$17.23b負債合計NT$21.95b総資産NT$39.18b財務の健全性に関する最新情報分析記事 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$131, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 278% over the past three years.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$2.54 (vs NT$0.60 in 1Q 2025)First quarter 2026 results: EPS: NT$2.54 (up from NT$0.60 in 1Q 2025). Revenue: NT$14.6b (up 77% from 1Q 2025). Net income: NT$1.51b (up 323% from 1Q 2025). Profit margin: 10% (up from 4.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$150, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 356% over the past three years.New Risk • May 08New 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 12% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$105, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 213% over the past three years.Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$3.14 (vs NT$3.21 in FY 2024)Full year 2025 results: EPS: NT$3.14 (down from NT$3.21 in FY 2024). Revenue: NT$39.4b (up 32% from FY 2024). Net income: NT$1.87b (down 1.9% from FY 2024). Profit margin: 4.7% (down from 6.4% 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 11% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 11New 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 7.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$74.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 125% over the past three years.お知らせ • Mar 09Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.17 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.17 (up from NT$0.77 in 3Q 2024). Revenue: NT$10.4b (up 37% from 3Q 2024). Net income: NT$694.3m (up 52% from 3Q 2024). Profit margin: 6.7% (up from 6.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.New Risk • May 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.1% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.73 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (down from NT$0.73 in 1Q 2024). Revenue: NT$8.24b (up 31% from 1Q 2024). Net income: NT$358.3m (down 17% from 1Q 2024). Profit margin: 4.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.お知らせ • Apr 25Solar Applied Materials Technology Corporation to Report Q1, 2025 Results on May 02, 2025Solar Applied Materials Technology Corporation announced that they will report Q1, 2025 results on May 02, 2025New Risk • Apr 10New 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 7.9% 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 Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$3.21 (vs NT$1.83 in FY 2023)Full year 2024 results: EPS: NT$3.21 (up from NT$1.83 in FY 2023). Revenue: NT$29.8b (up 32% from FY 2023). Net income: NT$1.90b (up 75% from FY 2023). Profit margin: 6.4% (up from 4.8% 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 3% per year whereas the company’s share price has increased by 6% per year.お知らせ • Mar 10Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city TaiwanNew Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 3Q 2023). Revenue: NT$7.62b (up 28% from 3Q 2023). Net income: NT$458.0m (up 12% from 3Q 2023). Profit margin: 6.0% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Oct 28Solar Applied Materials Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Solar Applied Materials Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.62 (down from NT$0.77 in 2Q 2023). Revenue: NT$7.60b (up 32% from 2Q 2023). Net income: NT$367.0m (down 19% from 2Q 2023). Profit margin: 4.8% (down from 7.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Aug 02Solar Applied Materials Technology Corporation to Report Q2, 2024 Results on Aug 09, 2024Solar Applied Materials Technology Corporation announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$75.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$56.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$0.73 (up from NT$0.27 in 1Q 2023). Revenue: NT$6.31b (up 30% from 1Q 2023). Net income: NT$430.5m (up 167% from 1Q 2023). Profit margin: 6.8% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.お知らせ • Apr 26Solar Applied Materials Technology Corporation to Report Q1, 2024 Results on May 02, 2024Solar Applied Materials Technology Corporation announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Mar 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$1.83 (down from NT$2.35 in FY 2022). Revenue: NT$22.6b (down 12% from FY 2022). Net income: NT$1.08b (down 22% from FY 2022). Profit margin: 4.8% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Mar 07Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024. Location: 207 Conference Room of Southern Taiwan Innovation & Research Park, MOEA (No. 31, Gongye 2nd Road, Annan District, Tainan City) Tainan City Taiwan Agenda: To consider 2023 Business Report; 2023 Audit Committee's Financial Statement Review Report; The Companys report on its issuance of secured corporate bond (green bond); and to discuss other matters.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.69 (down from NT$0.89 in 3Q 2022). Revenue: NT$5.95b (down 1.3% from 3Q 2022). Net income: NT$408.4m (down 23% from 3Q 2022). Profit margin: 6.9% (down from 8.7% in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Oct 18Solar Applied Materials Technology Corp Announces Change in Representative of Institutional DirectorSolar Applied Materials Technology Corp. announced the resignation of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Chief Finance Officer of Xxentria Technology Materials Co. Ltd. Yu-Cheng Cheng is R&D Engineer of Xxentria Technology Materials Co. Ltd. The company announced the appointment of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Vice President of Solar Applied materials technology corp. Yu-Cheng Cheng is Assistant Vice President of Solar Applied materials technology corp.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.77 (up from NT$0.62 in 2Q 2022). Revenue: NT$5.76b (down 17% from 2Q 2022). Net income: NT$455.2m (up 25% from 2Q 2022). Profit margin: 7.9% (up from 5.2% in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 12Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 16 August 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.8%).お知らせ • Jun 13Solar Applied Materials Technology Corporation Announces Remuneration Committee ChangesSolar Applied Materials Technology Corporation announced changes in the sixth remuneration committee. Name of the previous position holder: Feng-Chi Kao, Tse-Hsiang Ting, Chun-Hung Tung. Resume of the previous position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Tse-Hsiang Ting/Certified Public Accountant of Nan Tai Union & Co., Supervisor of Ya Horng Electronic Co. Ltd., Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd. Name of the new position holder: Feng-Chi Kao, Chun-Hung Tung, Chia-Hsin Chang, Pi-Chuan Sun. Resume of the new position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd., Chia-Hsin Chang /Joint certified public accountant at KPMG. Pi-Chuan Sun /Dean of School of Business Administration of Tatung University. Effective date of the new member: June 8, 2023.お知らせ • Jun 09Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 16, 2023Solar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share, total cash dividend of TWD 895,278,365. Ex-rights (Ex-dividend) date is July 19, 2023; Ex-rights (Ex-dividend) record date is July 25, 2023; Payment date of cash dividend distribution is August 16, 2023.お知らせ • Jun 01Solar Applied Materials Technology Corporation Announces Audit Committee ChangesSolar Applied Materials Technology Corporation appointed Chia-Hsin Chang, Joint certified public accountant at KPMG and Pi-Chuan Sun, Dean of School of Business Administration of Tatung University as Members of the Audit Committee in place of Tse-Hsiang Ting. Effective date of the new member is May 30, 2023.Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$2.35 (up from NT$2.15 in FY 2021). Revenue: NT$25.8b (down 18% from FY 2021). Net income: NT$1.39b (up 11% from FY 2021). Profit margin: 5.4% (up from 4.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 108% over the past three years.Price Target Changed • Nov 16Price target decreased to NT$43.50Down from NT$61.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$34.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$2.44 for next year compared to NT$2.15 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$0.89 (up from NT$0.61 in 3Q 2021). Revenue: NT$6.03b (down 27% from 3Q 2021). Net income: NT$527.3m (up 46% from 3Q 2021). Profit margin: 8.7% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 78%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$29.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Chemicals industry in Taiwan. Total returns to shareholders of 42% over the past three years.お知らせ • Sep 28Solar Applied Materials Technology Corporation Announces the Resignation of Chien-Yung Ma as CTOSolar Applied Materials Technology Corporation announced the resignation of Chien-Yung Ma as CTO, effective September 27, 2022.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.62 (up from NT$0.53 in 2Q 2021). Revenue: NT$6.96b (down 9.1% from 2Q 2021). Net income: NT$365.4m (up 17% from 2Q 2021). Profit margin: 5.2% (up from 4.1% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to decline by 8.9% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.Major Estimate Revision • Aug 05Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$32.6b to NT$28.2b. EPS estimate fell from NT$2.85 to NT$2.44 per share. Net income forecast to grow 9.9% next year vs 13% decline forecast for Chemicals industry in Taiwan. Consensus price target down from NT$61.50 to NT$43.50. Share price fell 3.1% to NT$35.95 over the past week.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.49 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).Price Target Changed • Jul 06Price target increased to NT$61.50Up from NT$49.00, the current price target is an average from 2 analysts. New target price is 63% above last closing price of NT$37.75. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$2.85 for next year compared to NT$2.15 last year.Board Change • Jul 06Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 17Solar Applied Materials Technology Corporation Announces Cash DividendSolar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share.お知らせ • Jun 01Solar Applied Materials Technology Corporation Announces Executive Changes, Effective May 31, 2022Solar Applied Materials Technology Corporation announced that Chii-Feng Huang President, Solar Applied Materials appointed in place of Chien-Yung Ma Chairman of Solar Applied Material Technology Corp. Effective May 31, 2022.お知らせ • Apr 07Solar Applied Materials Technology Corporation's Subsidiary Solar Chemical (Kunshan) Suspends Operation to Cooperate with the Local Government's Epidemic Prevention PoliciesSolar Applied Materials Technology Corporation announced on behalf of important subsidiary Solar Chemical (KunShan) suspended operation to cooperate with the local government's epidemic prevention policies. The company cooperates with local government regulations to take contingency measures to ensure the safety and health of employees.Reported Earnings • Mar 19Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$2.15 (up from NT$1.69 in FY 2020). Revenue: NT$31.4b (up 18% from FY 2020). Net income: NT$1.26b (up 49% from FY 2020). Profit margin: 4.0% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 2.9% compared to a 2.1% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 10Solar Applied Materials Technology Corporation Announces Resignation of Members of Remuneration Committee and Audit CommitteeSolar Applied Materials Technology Corporation announced the Name of the previous position holder: Mr. Chen-Ming Fang, Ms. Mei-Hui Wu, Independent director of Solar. The company received the letters of resignation on March 8,2022, and the resignations take effect on March 8, 2022. Resume of the new position holder: Member of Remuneration Committee shall be announced after appointment, and member of Audit Committee shall be announced after re-election.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$8.26b (up 10.0% from 3Q 2020). Net income: NT$361.6m (up 37% from 3Q 2020). Profit margin: 4.4% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 19Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.66b (up 19% from 2Q 2020). Net income: NT$311.9m (up 70% from 2Q 2020). Profit margin: 4.1% (up from 2.9% 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 26% per year whereas the company’s share price has increased by 31% per year.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 89% over the past three years.Price Target Changed • May 14Price target increased to NT$53.50Up from NT$49.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of NT$43.40. Stock is up 121% over the past year.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.27 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.37b (up 36% from 1Q 2020). Net income: NT$262.2m (up 96% from 1Q 2020). Profit margin: 3.6% (up from 2.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 31% per year.分析記事 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$55.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 145% over the past three years.分析記事 • Mar 26Is Solar Applied Materials Technology Corporation (GTSM:1785) An Attractive Dividend Stock?Is Solar Applied Materials Technology Corporation ( GTSM:1785 ) a good dividend stock? How can we tell? Dividend paying...Major Estimate Revision • Mar 16Analysts update estimatesThe 2021 consensus revenue estimate increased from NT$27.6b to NT$30.3b. Earnings per share (EPS) estimate was lowered from NT$2.48 to NT$2.20 for the same period. Net income is expected to grow by 54% next year compared to 63% growth forecast for the Chemicals industry in Taiwan. The consensus price target increased from NT$49.00 to NT$51.00. Share price stayed mostly flat at NT$46.05 over the past week.分析記事 • Mar 11Earnings Beat: Solar Applied Materials Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, Solar Applied Materials Technology Corporation ( GTSM:1785 ) recently reported its annual numbers...分析記事 • Mar 09Can Solar Applied Materials Technology (GTSM:1785) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Mar 09Full year 2020 earnings released: EPS NT$1.69 (vs NT$2.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$26.7b (up 21% from FY 2019). Net income: NT$843.4m (down 19% from FY 2019). Profit margin: 3.2% (down from 4.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.分析記事 • Feb 24Why Solar Applied Materials Technology Corporation (GTSM:1785) Looks Like A Quality CompanyOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...分析記事 • Feb 11Is Now An Opportune Moment To Examine Solar Applied Materials Technology Corporation (GTSM:1785)?Solar Applied Materials Technology Corporation ( GTSM:1785 ), is not the largest company out there, but it saw...Is New 90 Day High Low • Feb 02New 90-day low: NT$43.20The company is down 1.0% from its price of NT$43.60 on 05 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.18 per share.分析記事 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 18Solar Applied Materials Technology Corporation's (GTSM:1785) Intrinsic Value Is Potentially 34% Above Its Share PriceIn this article we are going to estimate the intrinsic value of Solar Applied Materials Technology Corporation...Is New 90 Day High Low • Jan 07New 90-day high: NT$48.75The company is up 10.0% from its price of NT$44.40 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.95 per share.分析記事 • Jan 06Did You Miss Solar Applied Materials Technology's (GTSM:1785) Impressive 116% Share Price Gain?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...分析記事 • Dec 25Here's Why We Don't Think Solar Applied Materials Technology's (GTSM:1785) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...分析記事 • Dec 13What Makes Solar Applied Materials Technology Corporation (GTSM:1785) A Great Dividend Stock?Today we'll take a closer look at Solar Applied Materials Technology Corporation ( GTSM:1785 ) from a dividend...分析記事 • Dec 01Will Solar Applied Materials Technology's (GTSM:1785) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Nov 19Can Solar Applied Materials Technology Corporation (GTSM:1785) Maintain Its Strong Returns?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Nov 12New 90-day high: NT$45.65The company is up 14% from its price of NT$40.00 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$58.58 per share.Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.51b (up 14% from 3Q 2019). Net income: NT$263.3m (up 33% from 3Q 2019). Profit margin: 3.5% (up from 3.0% 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 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.財務状況分析短期負債: 1785の 短期資産 ( NT$30.4B ) が 短期負債 ( NT$16.5B ) を超えています。長期負債: 1785の短期資産 ( NT$30.4B ) が 長期負債 ( NT$5.4B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 1785の 純負債対資本比率 ( 72.7% ) は 高い と見なされます。負債の削減: 1785の負債対資本比率は、過去 5 年間で84.2%から90.3%に増加しました。債務返済能力: 1785の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 1785の負債に対する 利息支払い は EBIT ( 20.9 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YMaterials 業界の健全な企業。View Dividend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2026/06/19 19:37終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Solar Applied Materials Technology Corporation 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。2 アナリスト機関Wei Chung HuangKGI Securities Co. Ltd.Kan-Chi LeeYuanta Research
分析記事 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$131, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 278% over the past three years.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$2.54 (vs NT$0.60 in 1Q 2025)First quarter 2026 results: EPS: NT$2.54 (up from NT$0.60 in 1Q 2025). Revenue: NT$14.6b (up 77% from 1Q 2025). Net income: NT$1.51b (up 323% from 1Q 2025). Profit margin: 10% (up from 4.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$150, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 356% over the past three years.
New Risk • May 08New 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 12% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$105, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 213% over the past three years.
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$3.14 (vs NT$3.21 in FY 2024)Full year 2025 results: EPS: NT$3.14 (down from NT$3.21 in FY 2024). Revenue: NT$39.4b (up 32% from FY 2024). Net income: NT$1.87b (down 1.9% from FY 2024). Profit margin: 4.7% (down from 6.4% 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 11% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 11New 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 7.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$74.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 125% over the past three years.
お知らせ • Mar 09Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.17 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.17 (up from NT$0.77 in 3Q 2024). Revenue: NT$10.4b (up 37% from 3Q 2024). Net income: NT$694.3m (up 52% from 3Q 2024). Profit margin: 6.7% (up from 6.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.
New Risk • May 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.1% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.73 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (down from NT$0.73 in 1Q 2024). Revenue: NT$8.24b (up 31% from 1Q 2024). Net income: NT$358.3m (down 17% from 1Q 2024). Profit margin: 4.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Apr 25Solar Applied Materials Technology Corporation to Report Q1, 2025 Results on May 02, 2025Solar Applied Materials Technology Corporation announced that they will report Q1, 2025 results on May 02, 2025
New Risk • Apr 10New 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 7.9% 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 Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$3.21 (vs NT$1.83 in FY 2023)Full year 2024 results: EPS: NT$3.21 (up from NT$1.83 in FY 2023). Revenue: NT$29.8b (up 32% from FY 2023). Net income: NT$1.90b (up 75% from FY 2023). Profit margin: 6.4% (up from 4.8% 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 3% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Mar 10Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city Taiwan
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 3Q 2023). Revenue: NT$7.62b (up 28% from 3Q 2023). Net income: NT$458.0m (up 12% from 3Q 2023). Profit margin: 6.0% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Oct 28Solar Applied Materials Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Solar Applied Materials Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.62 (down from NT$0.77 in 2Q 2023). Revenue: NT$7.60b (up 32% from 2Q 2023). Net income: NT$367.0m (down 19% from 2Q 2023). Profit margin: 4.8% (down from 7.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Aug 02Solar Applied Materials Technology Corporation to Report Q2, 2024 Results on Aug 09, 2024Solar Applied Materials Technology Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$75.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$56.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.
Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.
Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$0.73 (up from NT$0.27 in 1Q 2023). Revenue: NT$6.31b (up 30% from 1Q 2023). Net income: NT$430.5m (up 167% from 1Q 2023). Profit margin: 6.8% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
お知らせ • Apr 26Solar Applied Materials Technology Corporation to Report Q1, 2024 Results on May 02, 2024Solar Applied Materials Technology Corporation announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Mar 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$1.83 (down from NT$2.35 in FY 2022). Revenue: NT$22.6b (down 12% from FY 2022). Net income: NT$1.08b (down 22% from FY 2022). Profit margin: 4.8% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Mar 07Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024. Location: 207 Conference Room of Southern Taiwan Innovation & Research Park, MOEA (No. 31, Gongye 2nd Road, Annan District, Tainan City) Tainan City Taiwan Agenda: To consider 2023 Business Report; 2023 Audit Committee's Financial Statement Review Report; The Companys report on its issuance of secured corporate bond (green bond); and to discuss other matters.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.69 (down from NT$0.89 in 3Q 2022). Revenue: NT$5.95b (down 1.3% from 3Q 2022). Net income: NT$408.4m (down 23% from 3Q 2022). Profit margin: 6.9% (down from 8.7% in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Oct 18Solar Applied Materials Technology Corp Announces Change in Representative of Institutional DirectorSolar Applied Materials Technology Corp. announced the resignation of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Chief Finance Officer of Xxentria Technology Materials Co. Ltd. Yu-Cheng Cheng is R&D Engineer of Xxentria Technology Materials Co. Ltd. The company announced the appointment of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Vice President of Solar Applied materials technology corp. Yu-Cheng Cheng is Assistant Vice President of Solar Applied materials technology corp.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.77 (up from NT$0.62 in 2Q 2022). Revenue: NT$5.76b (down 17% from 2Q 2022). Net income: NT$455.2m (up 25% from 2Q 2022). Profit margin: 7.9% (up from 5.2% in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 12Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 16 August 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.8%).
お知らせ • Jun 13Solar Applied Materials Technology Corporation Announces Remuneration Committee ChangesSolar Applied Materials Technology Corporation announced changes in the sixth remuneration committee. Name of the previous position holder: Feng-Chi Kao, Tse-Hsiang Ting, Chun-Hung Tung. Resume of the previous position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Tse-Hsiang Ting/Certified Public Accountant of Nan Tai Union & Co., Supervisor of Ya Horng Electronic Co. Ltd., Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd. Name of the new position holder: Feng-Chi Kao, Chun-Hung Tung, Chia-Hsin Chang, Pi-Chuan Sun. Resume of the new position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd., Chia-Hsin Chang /Joint certified public accountant at KPMG. Pi-Chuan Sun /Dean of School of Business Administration of Tatung University. Effective date of the new member: June 8, 2023.
お知らせ • Jun 09Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 16, 2023Solar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share, total cash dividend of TWD 895,278,365. Ex-rights (Ex-dividend) date is July 19, 2023; Ex-rights (Ex-dividend) record date is July 25, 2023; Payment date of cash dividend distribution is August 16, 2023.
お知らせ • Jun 01Solar Applied Materials Technology Corporation Announces Audit Committee ChangesSolar Applied Materials Technology Corporation appointed Chia-Hsin Chang, Joint certified public accountant at KPMG and Pi-Chuan Sun, Dean of School of Business Administration of Tatung University as Members of the Audit Committee in place of Tse-Hsiang Ting. Effective date of the new member is May 30, 2023.
Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$2.35 (up from NT$2.15 in FY 2021). Revenue: NT$25.8b (down 18% from FY 2021). Net income: NT$1.39b (up 11% from FY 2021). Profit margin: 5.4% (up from 4.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Price Target Changed • Nov 16Price target decreased to NT$43.50Down from NT$61.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$34.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$2.44 for next year compared to NT$2.15 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$0.89 (up from NT$0.61 in 3Q 2021). Revenue: NT$6.03b (down 27% from 3Q 2021). Net income: NT$527.3m (up 46% from 3Q 2021). Profit margin: 8.7% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 78%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$29.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Chemicals industry in Taiwan. Total returns to shareholders of 42% over the past three years.
お知らせ • Sep 28Solar Applied Materials Technology Corporation Announces the Resignation of Chien-Yung Ma as CTOSolar Applied Materials Technology Corporation announced the resignation of Chien-Yung Ma as CTO, effective September 27, 2022.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.62 (up from NT$0.53 in 2Q 2021). Revenue: NT$6.96b (down 9.1% from 2Q 2021). Net income: NT$365.4m (up 17% from 2Q 2021). Profit margin: 5.2% (up from 4.1% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to decline by 8.9% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.
Major Estimate Revision • Aug 05Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$32.6b to NT$28.2b. EPS estimate fell from NT$2.85 to NT$2.44 per share. Net income forecast to grow 9.9% next year vs 13% decline forecast for Chemicals industry in Taiwan. Consensus price target down from NT$61.50 to NT$43.50. Share price fell 3.1% to NT$35.95 over the past week.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.49 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).
Price Target Changed • Jul 06Price target increased to NT$61.50Up from NT$49.00, the current price target is an average from 2 analysts. New target price is 63% above last closing price of NT$37.75. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$2.85 for next year compared to NT$2.15 last year.
Board Change • Jul 06Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 17Solar Applied Materials Technology Corporation Announces Cash DividendSolar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share.
お知らせ • Jun 01Solar Applied Materials Technology Corporation Announces Executive Changes, Effective May 31, 2022Solar Applied Materials Technology Corporation announced that Chii-Feng Huang President, Solar Applied Materials appointed in place of Chien-Yung Ma Chairman of Solar Applied Material Technology Corp. Effective May 31, 2022.
お知らせ • Apr 07Solar Applied Materials Technology Corporation's Subsidiary Solar Chemical (Kunshan) Suspends Operation to Cooperate with the Local Government's Epidemic Prevention PoliciesSolar Applied Materials Technology Corporation announced on behalf of important subsidiary Solar Chemical (KunShan) suspended operation to cooperate with the local government's epidemic prevention policies. The company cooperates with local government regulations to take contingency measures to ensure the safety and health of employees.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$2.15 (up from NT$1.69 in FY 2020). Revenue: NT$31.4b (up 18% from FY 2020). Net income: NT$1.26b (up 49% from FY 2020). Profit margin: 4.0% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 2.9% compared to a 2.1% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 10Solar Applied Materials Technology Corporation Announces Resignation of Members of Remuneration Committee and Audit CommitteeSolar Applied Materials Technology Corporation announced the Name of the previous position holder: Mr. Chen-Ming Fang, Ms. Mei-Hui Wu, Independent director of Solar. The company received the letters of resignation on March 8,2022, and the resignations take effect on March 8, 2022. Resume of the new position holder: Member of Remuneration Committee shall be announced after appointment, and member of Audit Committee shall be announced after re-election.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$8.26b (up 10.0% from 3Q 2020). Net income: NT$361.6m (up 37% from 3Q 2020). Profit margin: 4.4% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.66b (up 19% from 2Q 2020). Net income: NT$311.9m (up 70% from 2Q 2020). Profit margin: 4.1% (up from 2.9% 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 26% per year whereas the company’s share price has increased by 31% per year.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Price Target Changed • May 14Price target increased to NT$53.50Up from NT$49.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of NT$43.40. Stock is up 121% over the past year.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.27 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.37b (up 36% from 1Q 2020). Net income: NT$262.2m (up 96% from 1Q 2020). Profit margin: 3.6% (up from 2.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 31% per year.
分析記事 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$55.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 145% over the past three years.
分析記事 • Mar 26Is Solar Applied Materials Technology Corporation (GTSM:1785) An Attractive Dividend Stock?Is Solar Applied Materials Technology Corporation ( GTSM:1785 ) a good dividend stock? How can we tell? Dividend paying...
Major Estimate Revision • Mar 16Analysts update estimatesThe 2021 consensus revenue estimate increased from NT$27.6b to NT$30.3b. Earnings per share (EPS) estimate was lowered from NT$2.48 to NT$2.20 for the same period. Net income is expected to grow by 54% next year compared to 63% growth forecast for the Chemicals industry in Taiwan. The consensus price target increased from NT$49.00 to NT$51.00. Share price stayed mostly flat at NT$46.05 over the past week.
分析記事 • Mar 11Earnings Beat: Solar Applied Materials Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, Solar Applied Materials Technology Corporation ( GTSM:1785 ) recently reported its annual numbers...
分析記事 • Mar 09Can Solar Applied Materials Technology (GTSM:1785) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Mar 09Full year 2020 earnings released: EPS NT$1.69 (vs NT$2.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$26.7b (up 21% from FY 2019). Net income: NT$843.4m (down 19% from FY 2019). Profit margin: 3.2% (down from 4.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.
分析記事 • Feb 24Why Solar Applied Materials Technology Corporation (GTSM:1785) Looks Like A Quality CompanyOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
分析記事 • Feb 11Is Now An Opportune Moment To Examine Solar Applied Materials Technology Corporation (GTSM:1785)?Solar Applied Materials Technology Corporation ( GTSM:1785 ), is not the largest company out there, but it saw...
Is New 90 Day High Low • Feb 02New 90-day low: NT$43.20The company is down 1.0% from its price of NT$43.60 on 05 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.18 per share.
分析記事 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 18Solar Applied Materials Technology Corporation's (GTSM:1785) Intrinsic Value Is Potentially 34% Above Its Share PriceIn this article we are going to estimate the intrinsic value of Solar Applied Materials Technology Corporation...
Is New 90 Day High Low • Jan 07New 90-day high: NT$48.75The company is up 10.0% from its price of NT$44.40 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.95 per share.
分析記事 • Jan 06Did You Miss Solar Applied Materials Technology's (GTSM:1785) Impressive 116% Share Price Gain?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
分析記事 • Dec 25Here's Why We Don't Think Solar Applied Materials Technology's (GTSM:1785) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Dec 13What Makes Solar Applied Materials Technology Corporation (GTSM:1785) A Great Dividend Stock?Today we'll take a closer look at Solar Applied Materials Technology Corporation ( GTSM:1785 ) from a dividend...
分析記事 • Dec 01Will Solar Applied Materials Technology's (GTSM:1785) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Nov 19Can Solar Applied Materials Technology Corporation (GTSM:1785) Maintain Its Strong Returns?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Nov 12New 90-day high: NT$45.65The company is up 14% from its price of NT$40.00 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$58.58 per share.
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.51b (up 14% from 3Q 2019). Net income: NT$263.3m (up 33% from 3Q 2019). Profit margin: 3.5% (up from 3.0% 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 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.