View ValuationUnivacco Technology 将来の成長Future 基準チェック /06現在、 Univacco Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Chemicals 収益成長51.2%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$62.40, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 165% over the past three years.Declared Dividend • May 25Dividend of NT$3.00 announcedShareholders will receive a dividend of NT$3.00. Ex-date: 10th July 2026 Payment date: 7th August 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% 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 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.92 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.92 (down from NT$1.20 in 1Q 2025). Revenue: NT$774.4m (up 3.9% from 1Q 2025). Net income: NT$86.3m (down 23% from 1Q 2025). Profit margin: 11% (down from 15% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 24Now 20% undervaluedOver the last 90 days, the stock has risen 2.7% to NT$46.10. The fair value is estimated to be NT$57.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 29%.お知らせ • Feb 26Univacco Technology Inc., Annual General Meeting, May 22, 2026Univacco Technology Inc., Annual General Meeting, May 22, 2026. Location: no,56, hsin sheng n. rd., madou district, tainan city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$4.57 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$4.57 (up from NT$3.90 in FY 2024). Revenue: NT$3.01b (flat on FY 2024). Net income: NT$428.3m (up 17% from FY 2024). Profit margin: 14% (up from 12% in FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Board Change • Dec 12Less 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 an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Tien-Chueh Lin was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Nov 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% 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 Dividend is not well covered by cash flows (267% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$1.59 (vs NT$1.36 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.59 (up from NT$1.36 in 3Q 2024). Revenue: NT$800.4m (down 8.3% from 3Q 2024). Net income: NT$149.0m (up 16% from 3Q 2024). Profit margin: 19% (up from 15% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.Reported Earnings • Sep 16Second quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.69 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.73 (up from NT$0.69 in 2Q 2024). Revenue: NT$756.0m (flat on 2Q 2024). Net income: NT$69.1m (up 5.8% from 2Q 2024). Profit margin: 9.1% (up from 8.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.69 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.73 (up from NT$0.69 in 2Q 2024). Revenue: NT$756.0m (flat on 2Q 2024). Net income: NT$69.1m (up 5.8% from 2Q 2024). Profit margin: 9.1% (up from 8.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.Upcoming Dividend • Jul 02Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).お知らせ • Jun 21Univacco Technology Inc. Announces Cash Dividend for the Year 2024, Payable on August 1, 2025Univacco Technology Inc. planned to distribute a cash dividend for the year 2024 totaling TWD 258,749,169, which amounted to TWD 2.75 per share. Ex-rights (Ex-dividend) date of July 9, 2025. Ex-rights (Ex-dividend) record date of July 15, 2025. Payment date of cash dividend distribution of August 01, 2025.Declared Dividend • Jun 16Dividend increased to NT$2.75Dividend of NT$2.75 is 57% higher than last year. Ex-date: 9th July 2025 Payment date: 1st August 2025 Dividend yield will be 5.8%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$0.92 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (up from NT$0.92 in 1Q 2024). Revenue: NT$745.3m (up 16% from 1Q 2024). Net income: NT$112.6m (up 30% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Univacco Technology Inc. to Report Q1, 2025 Results on May 12, 2025Univacco Technology Inc. announced that they will report Q1, 2025 results on May 12, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$40.95, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 80% over the past three years.Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 1.9% to NT$53.00. The fair value is estimated to be NT$67.10, 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 14%.Reported Earnings • Mar 06Full year 2024 earnings released: EPS: NT$3.90 (vs NT$2.21 in FY 2023)Full year 2024 results: EPS: NT$3.90 (up from NT$2.21 in FY 2023). Revenue: NT$2.99b (up 22% from FY 2023). Net income: NT$366.4m (up 76% from FY 2023). Profit margin: 12% (up from 8.5% 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 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 25+ 1 more updateUnivacco Technology Inc. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Univacco Technology Inc. board of directors approved cash dividend of TWD 258,749,169 for the period from January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 2.50 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders: TWD 0.25 per share. Total amount of cash dividends to shareholders is TWD 258,749,169.お知らせ • Feb 15Univacco Technology Inc. to Report Q4, 2024 Results on Feb 24, 2025Univacco Technology Inc. announced that they will report Q4, 2024 results on Feb 24, 2025Buy Or Sell Opportunity • Nov 26Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to NT$59.80. The fair value is estimated to be NT$77.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has grown by 18%.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.36 (vs NT$0.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.36 (up from NT$0.78 in 3Q 2023). Revenue: NT$872.9m (up 32% from 3Q 2023). Net income: NT$128.0m (up 73% from 3Q 2023). Profit margin: 15% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$64.90, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 195% over the past three years.New Risk • Sep 06New 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 9.4% 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 (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$54.30, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 193% over the past three years.New Risk • Sep 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks 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 (8.8% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.69 (up from NT$0.41 in 2Q 2023). Revenue: NT$758.5m (up 29% from 2Q 2023). Net income: NT$65.3m (up 70% from 2Q 2023). Profit margin: 8.6% (up from 6.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% 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 • Aug 14Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$59.90, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 232% over the past three years.お知らせ • Aug 01Univacco Technology Inc. to Report Q2, 2024 Results on Aug 09, 2024Univacco Technology Inc. announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jul 15New 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 6.7% 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 (6.7% average weekly change).Upcoming Dividend • Jun 27Upcoming dividend of NT$1.75 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.20, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 25x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.Declared Dividend • May 27Dividend reduced to NT$1.75Dividend of NT$1.75 is 13% lower than last year. Ex-date: 4th July 2024 Payment date: 2nd August 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 25Univacco Technology Inc. Announces Cash Dividend for the Year 2023, Payable on August 2, 2024Univacco Technology Inc. announced cash dividend of TWD 164,658,563 (TWD 1.75 per share) for the year 2023. Ex-rights (Ex-dividend) date: July 4, 2024. Ex-rights (Ex-dividend) record date: July 12, 2024. Payment date of cash dividend distribution: August 2, 2024.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.29 in 1Q 2023)First quarter 2024 results: EPS: NT$0.92 (up from NT$0.29 in 1Q 2023). Revenue: NT$645.3m (up 16% from 1Q 2023). Net income: NT$86.8m (up 217% from 1Q 2023). Profit margin: 14% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$2.21 (vs NT$2.92 in FY 2022)Full year 2023 results: EPS: NT$2.21 (down from NT$2.92 in FY 2022). Revenue: NT$2.46b (down 12% from FY 2022). Net income: NT$208.3m (down 24% from FY 2022). Profit margin: 8.5% (down from 9.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 24Univacco Technology Inc., Annual General Meeting, May 24, 2024Univacco Technology Inc., Annual General Meeting, May 24, 2024. Location: No. 56, Xinsheng N. Rd., Madou Dist., Tainan City Taiwan Agenda: To consider Business Report of 2023; Audit Committee Review Report on Final Accounts of 2023; Report on 2023 Employees and Directors Remunerations Distributions; Report on 2023 Earnings Distribution and Capital Reserve in form of Cash Dividend ; and to discuss other matters.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: NT$0.78 (vs NT$0.83 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.78 (down from NT$0.83 in 3Q 2022). Revenue: NT$664.0m (down 7.8% from 3Q 2022). Net income: NT$73.8m (down 5.3% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (NT$2.39b market cap, or US$75.4m).Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$1.03 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$1.03 in 2Q 2022). Revenue: NT$586.6m (down 23% from 2Q 2022). Net income: NT$38.5m (down 60% from 2Q 2022). Profit margin: 6.6% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 29Upcoming dividend of NT$2.00 per share at 7.3% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.6%).Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.91 (vs NT$1.61 in FY 2021)Full year 2022 results: EPS: NT$2.91 (up from NT$1.61 in FY 2021). Revenue: NT$2.81b (down 1.4% from FY 2021). Net income: NT$274.3m (up 82% from FY 2021). Profit margin: 9.8% (up from 5.3% in FY 2021). The increase in margin was driven by lower expenses. 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 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.79 in 3Q 2021). Revenue: NT$720.4m (down 2.8% from 3Q 2021). Net income: NT$77.9m (up 5.8% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.79 in 3Q 2021). Revenue: NT$720.4m (down 2.8% from 3Q 2021). Net income: NT$77.9m (up 5.8% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.30, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 31% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.50 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.03 (up from NT$0.50 loss in 2Q 2021). Revenue: NT$765.5m (up 11% from 2Q 2021). Net income: NT$96.5m (up NT$142.7m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 30Upcoming dividend of NT$1.45 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 74% and the cash payout ratio is 84%. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (6.9%).Reported Earnings • May 16First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$0.87 (up from NT$0.53 in 1Q 2021). Revenue: NT$754.5m (up 18% from 1Q 2021). Net income: NT$81.8m (up 65% from 1Q 2021). Profit margin: 11% (up from 7.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 06Univacco Technology Inc., Annual General Meeting, May 26, 2022Univacco Technology Inc., Annual General Meeting, May 26, 2022.Reported Earnings • Feb 28Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$1.61 (up from NT$1.54 in FY 2020). Revenue: NT$2.85b (up 20% from FY 2020). Net income: NT$150.6m (up 4.5% from FY 2020). Profit margin: 5.3% (down from 6.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.43 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$741.3m (up 14% from 3Q 2020). Net income: NT$73.7m (up 85% from 3Q 2020). Profit margin: 9.9% (up from 6.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: NT$0.50 loss per share (vs NT$0.53 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$690.2m (up 24% from 2Q 2020). Net loss: NT$46.2m (down 194% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 30Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 05 August 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.57 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$638.8m (up 11% from 1Q 2020). Net income: NT$49.6m (down 7.5% from 1Q 2020). Profit margin: 7.8% (down from 9.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.分析記事 • Mar 26Returns Are Gaining Momentum At Univacco Technology (GTSM:3303)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.54 (vs NT$2.22 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.37b (down 5.4% from FY 2019). Net income: NT$144.1m (down 31% from FY 2019). Profit margin: 6.1% (down from 8.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 12New 90-day high: NT$23.45The company is up 2.0% from its price of NT$23.00 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period.分析記事 • Mar 11A Look At The Fair Value Of Univacco Technology Inc. (GTSM:3303)Today we will run through one way of estimating the intrinsic value of Univacco Technology Inc. ( GTSM:3303 ) by taking...分析記事 • Feb 24Is Univacco Technology Inc. (GTSM:3303) The Right Choice For A Smart Dividend Investor?Is Univacco Technology Inc. ( GTSM:3303 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Feb 09Shareholders Of Univacco Technology (GTSM:3303) Must Be Happy With Their 51% ReturnInvestors can buy low cost index fund if they want to receive the average market return. But across the board there are...分析記事 • Jan 25Does Univacco Technology (GTSM:3303) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is New 90 Day High Low • Jan 12New 90-day low: NT$22.40The company is down 2.0% from its price of NT$22.75 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period.分析記事 • Jan 10Is Weakness In Univacco Technology Inc. (GTSM:3303) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?Univacco Technology (GTSM:3303) has had a rough month with its share price down 1.3%. However, a closer look at its...分析記事 • Dec 23Returns On Capital - An Important Metric For Univacco Technology (GTSM:3303)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Dec 08A Look At The Intrinsic Value Of Univacco Technology Inc. (GTSM:3303)In this article we are going to estimate the intrinsic value of Univacco Technology Inc. ( GTSM:3303 ) by estimating...分析記事 • Nov 23Should Univacco Technology Inc. (GTSM:3303) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Univacco Technology Inc. (GTSM:3303) from a dividend investor's perspective. Owning...Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.5%. Earnings per share (EPS) missed analyst estimates by 36%.Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS NT$0.43The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$652.1m (flat on 3Q 2019). Net income: NT$39.9m (down 31% from 3Q 2019). Profit margin: 6.1% (down from 8.9% in 3Q 2019). The decrease in margin was primarily 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 6% per year, which means it is significantly lagging earnings growth. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Univacco Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:3303 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20263,037402-10821N/A12/31/20253,007428-135-26N/A9/30/20253,01841796238N/A6/30/20253,090396290414N/A3/31/20253,093392232363N/A12/31/20242,993366334469N/A9/30/20242,928349360481N/A6/30/20242,719294394513N/A3/31/20242,547268364492N/A12/31/20232,459208309443N/A9/30/20232,376158320447N/A6/30/20232,432162317444N/A3/31/20232,611220264406N/A12/31/20222,808274254377N/A9/30/20223,018330183310N/A6/30/20223,039326139288N/A3/31/20222,963183155293N/A12/31/20212,848151143296N/A9/30/20212,65679130276N/A6/30/20212,56745118234N/A3/31/20212,432140108209N/A12/31/20202,368144139246N/A9/30/20202,422192146290N/A6/30/20202,423210174343N/A3/31/20202,486216360526N/A12/31/20192,502208N/A532N/A9/30/20192,530252N/A538N/A6/30/20192,559237N/A324N/A3/31/20192,522219N/A219N/A12/31/20182,488209N/A143N/A9/30/20182,428173N/A56N/A6/30/20182,340160N/A239N/A3/31/20182,26549N/A157N/A12/31/20172,24216N/A220N/A9/30/20172,26711N/A279N/A6/30/20172,27814N/A338N/A3/31/20172,388140N/A470N/A12/31/20162,428177N/A468N/A9/30/20162,446169N/A478N/A6/30/20162,506210N/A458N/A3/31/20162,502189N/A435N/A12/31/20152,426150N/A498N/A9/30/20152,358131N/A483N/A6/30/20152,39712N/A302N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3303の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3303の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3303の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3303の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3303の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3303の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 07:28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Univacco Technology Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$62.40, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 165% over the past three years.
Declared Dividend • May 25Dividend of NT$3.00 announcedShareholders will receive a dividend of NT$3.00. Ex-date: 10th July 2026 Payment date: 7th August 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% 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 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.92 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.92 (down from NT$1.20 in 1Q 2025). Revenue: NT$774.4m (up 3.9% from 1Q 2025). Net income: NT$86.3m (down 23% from 1Q 2025). Profit margin: 11% (down from 15% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 24Now 20% undervaluedOver the last 90 days, the stock has risen 2.7% to NT$46.10. The fair value is estimated to be NT$57.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 29%.
お知らせ • Feb 26Univacco Technology Inc., Annual General Meeting, May 22, 2026Univacco Technology Inc., Annual General Meeting, May 22, 2026. Location: no,56, hsin sheng n. rd., madou district, tainan city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$4.57 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$4.57 (up from NT$3.90 in FY 2024). Revenue: NT$3.01b (flat on FY 2024). Net income: NT$428.3m (up 17% from FY 2024). Profit margin: 14% (up from 12% in FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Board Change • Dec 12Less 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 an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Tien-Chueh Lin was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Nov 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% 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 Dividend is not well covered by cash flows (267% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$1.59 (vs NT$1.36 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.59 (up from NT$1.36 in 3Q 2024). Revenue: NT$800.4m (down 8.3% from 3Q 2024). Net income: NT$149.0m (up 16% from 3Q 2024). Profit margin: 19% (up from 15% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.
Reported Earnings • Sep 16Second quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.69 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.73 (up from NT$0.69 in 2Q 2024). Revenue: NT$756.0m (flat on 2Q 2024). Net income: NT$69.1m (up 5.8% from 2Q 2024). Profit margin: 9.1% (up from 8.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.69 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.73 (up from NT$0.69 in 2Q 2024). Revenue: NT$756.0m (flat on 2Q 2024). Net income: NT$69.1m (up 5.8% from 2Q 2024). Profit margin: 9.1% (up from 8.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.
Upcoming Dividend • Jul 02Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 09 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
お知らせ • Jun 21Univacco Technology Inc. Announces Cash Dividend for the Year 2024, Payable on August 1, 2025Univacco Technology Inc. planned to distribute a cash dividend for the year 2024 totaling TWD 258,749,169, which amounted to TWD 2.75 per share. Ex-rights (Ex-dividend) date of July 9, 2025. Ex-rights (Ex-dividend) record date of July 15, 2025. Payment date of cash dividend distribution of August 01, 2025.
Declared Dividend • Jun 16Dividend increased to NT$2.75Dividend of NT$2.75 is 57% higher than last year. Ex-date: 9th July 2025 Payment date: 1st August 2025 Dividend yield will be 5.8%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$0.92 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (up from NT$0.92 in 1Q 2024). Revenue: NT$745.3m (up 16% from 1Q 2024). Net income: NT$112.6m (up 30% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Univacco Technology Inc. to Report Q1, 2025 Results on May 12, 2025Univacco Technology Inc. announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$40.95, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 1.9% to NT$53.00. The fair value is estimated to be NT$67.10, 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 14%.
Reported Earnings • Mar 06Full year 2024 earnings released: EPS: NT$3.90 (vs NT$2.21 in FY 2023)Full year 2024 results: EPS: NT$3.90 (up from NT$2.21 in FY 2023). Revenue: NT$2.99b (up 22% from FY 2023). Net income: NT$366.4m (up 76% from FY 2023). Profit margin: 12% (up from 8.5% 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 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 25+ 1 more updateUnivacco Technology Inc. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Univacco Technology Inc. board of directors approved cash dividend of TWD 258,749,169 for the period from January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 2.50 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders: TWD 0.25 per share. Total amount of cash dividends to shareholders is TWD 258,749,169.
お知らせ • Feb 15Univacco Technology Inc. to Report Q4, 2024 Results on Feb 24, 2025Univacco Technology Inc. announced that they will report Q4, 2024 results on Feb 24, 2025
Buy Or Sell Opportunity • Nov 26Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to NT$59.80. The fair value is estimated to be NT$77.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has grown by 18%.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.36 (vs NT$0.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.36 (up from NT$0.78 in 3Q 2023). Revenue: NT$872.9m (up 32% from 3Q 2023). Net income: NT$128.0m (up 73% from 3Q 2023). Profit margin: 15% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$64.90, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 195% over the past three years.
New Risk • Sep 06New 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 9.4% 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 (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$54.30, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 193% over the past three years.
New Risk • Sep 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks 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 (8.8% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.69 (up from NT$0.41 in 2Q 2023). Revenue: NT$758.5m (up 29% from 2Q 2023). Net income: NT$65.3m (up 70% from 2Q 2023). Profit margin: 8.6% (up from 6.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% 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 • Aug 14Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$59.90, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 232% over the past three years.
お知らせ • Aug 01Univacco Technology Inc. to Report Q2, 2024 Results on Aug 09, 2024Univacco Technology Inc. announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jul 15New 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 6.7% 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 (6.7% average weekly change).
Upcoming Dividend • Jun 27Upcoming dividend of NT$1.75 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.20, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 25x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.
Declared Dividend • May 27Dividend reduced to NT$1.75Dividend of NT$1.75 is 13% lower than last year. Ex-date: 4th July 2024 Payment date: 2nd August 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Univacco Technology Inc. Announces Cash Dividend for the Year 2023, Payable on August 2, 2024Univacco Technology Inc. announced cash dividend of TWD 164,658,563 (TWD 1.75 per share) for the year 2023. Ex-rights (Ex-dividend) date: July 4, 2024. Ex-rights (Ex-dividend) record date: July 12, 2024. Payment date of cash dividend distribution: August 2, 2024.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.29 in 1Q 2023)First quarter 2024 results: EPS: NT$0.92 (up from NT$0.29 in 1Q 2023). Revenue: NT$645.3m (up 16% from 1Q 2023). Net income: NT$86.8m (up 217% from 1Q 2023). Profit margin: 14% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$2.21 (vs NT$2.92 in FY 2022)Full year 2023 results: EPS: NT$2.21 (down from NT$2.92 in FY 2022). Revenue: NT$2.46b (down 12% from FY 2022). Net income: NT$208.3m (down 24% from FY 2022). Profit margin: 8.5% (down from 9.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 24Univacco Technology Inc., Annual General Meeting, May 24, 2024Univacco Technology Inc., Annual General Meeting, May 24, 2024. Location: No. 56, Xinsheng N. Rd., Madou Dist., Tainan City Taiwan Agenda: To consider Business Report of 2023; Audit Committee Review Report on Final Accounts of 2023; Report on 2023 Employees and Directors Remunerations Distributions; Report on 2023 Earnings Distribution and Capital Reserve in form of Cash Dividend ; and to discuss other matters.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: NT$0.78 (vs NT$0.83 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.78 (down from NT$0.83 in 3Q 2022). Revenue: NT$664.0m (down 7.8% from 3Q 2022). Net income: NT$73.8m (down 5.3% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (116% payout ratio). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (NT$2.39b market cap, or US$75.4m).
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$1.03 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$1.03 in 2Q 2022). Revenue: NT$586.6m (down 23% from 2Q 2022). Net income: NT$38.5m (down 60% from 2Q 2022). Profit margin: 6.6% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 29Upcoming dividend of NT$2.00 per share at 7.3% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.6%).
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.91 (vs NT$1.61 in FY 2021)Full year 2022 results: EPS: NT$2.91 (up from NT$1.61 in FY 2021). Revenue: NT$2.81b (down 1.4% from FY 2021). Net income: NT$274.3m (up 82% from FY 2021). Profit margin: 9.8% (up from 5.3% in FY 2021). The increase in margin was driven by lower expenses. 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 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.79 in 3Q 2021). Revenue: NT$720.4m (down 2.8% from 3Q 2021). Net income: NT$77.9m (up 5.8% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.79 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.79 in 3Q 2021). Revenue: NT$720.4m (down 2.8% from 3Q 2021). Net income: NT$77.9m (up 5.8% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.30, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.50 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.03 (up from NT$0.50 loss in 2Q 2021). Revenue: NT$765.5m (up 11% from 2Q 2021). Net income: NT$96.5m (up NT$142.7m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 30Upcoming dividend of NT$1.45 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 74% and the cash payout ratio is 84%. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (6.9%).
Reported Earnings • May 16First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$0.87 (up from NT$0.53 in 1Q 2021). Revenue: NT$754.5m (up 18% from 1Q 2021). Net income: NT$81.8m (up 65% from 1Q 2021). Profit margin: 11% (up from 7.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 06Univacco Technology Inc., Annual General Meeting, May 26, 2022Univacco Technology Inc., Annual General Meeting, May 26, 2022.
Reported Earnings • Feb 28Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$1.61 (up from NT$1.54 in FY 2020). Revenue: NT$2.85b (up 20% from FY 2020). Net income: NT$150.6m (up 4.5% from FY 2020). Profit margin: 5.3% (down from 6.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.43 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$741.3m (up 14% from 3Q 2020). Net income: NT$73.7m (up 85% from 3Q 2020). Profit margin: 9.9% (up from 6.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: NT$0.50 loss per share (vs NT$0.53 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$690.2m (up 24% from 2Q 2020). Net loss: NT$46.2m (down 194% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 30Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 05 August 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).
Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.57 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$638.8m (up 11% from 1Q 2020). Net income: NT$49.6m (down 7.5% from 1Q 2020). Profit margin: 7.8% (down from 9.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
分析記事 • Mar 26Returns Are Gaining Momentum At Univacco Technology (GTSM:3303)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.54 (vs NT$2.22 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.37b (down 5.4% from FY 2019). Net income: NT$144.1m (down 31% from FY 2019). Profit margin: 6.1% (down from 8.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 12New 90-day high: NT$23.45The company is up 2.0% from its price of NT$23.00 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period.
分析記事 • Mar 11A Look At The Fair Value Of Univacco Technology Inc. (GTSM:3303)Today we will run through one way of estimating the intrinsic value of Univacco Technology Inc. ( GTSM:3303 ) by taking...
分析記事 • Feb 24Is Univacco Technology Inc. (GTSM:3303) The Right Choice For A Smart Dividend Investor?Is Univacco Technology Inc. ( GTSM:3303 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Feb 09Shareholders Of Univacco Technology (GTSM:3303) Must Be Happy With Their 51% ReturnInvestors can buy low cost index fund if they want to receive the average market return. But across the board there are...
分析記事 • Jan 25Does Univacco Technology (GTSM:3303) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is New 90 Day High Low • Jan 12New 90-day low: NT$22.40The company is down 2.0% from its price of NT$22.75 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period.
分析記事 • Jan 10Is Weakness In Univacco Technology Inc. (GTSM:3303) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?Univacco Technology (GTSM:3303) has had a rough month with its share price down 1.3%. However, a closer look at its...
分析記事 • Dec 23Returns On Capital - An Important Metric For Univacco Technology (GTSM:3303)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Dec 08A Look At The Intrinsic Value Of Univacco Technology Inc. (GTSM:3303)In this article we are going to estimate the intrinsic value of Univacco Technology Inc. ( GTSM:3303 ) by estimating...
分析記事 • Nov 23Should Univacco Technology Inc. (GTSM:3303) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Univacco Technology Inc. (GTSM:3303) from a dividend investor's perspective. Owning...
Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.5%. Earnings per share (EPS) missed analyst estimates by 36%.
Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS NT$0.43The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$652.1m (flat on 3Q 2019). Net income: NT$39.9m (down 31% from 3Q 2019). Profit margin: 6.1% (down from 8.9% in 3Q 2019). The decrease in margin was primarily 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 6% per year, which means it is significantly lagging earnings growth.