View Future GrowthGamesparcsLtd 過去の業績過去 基準チェック /16GamesparcsLtdは28.3%の年平均成長率で業績を伸ばしているが、Entertainment業界はgrowingで17.1%毎年増加している。売上は成長しており、年平均2.5%の割合である。主要情報28.32%収益成長率28.32%EPS成長率Entertainment 業界の成長11.79%収益成長率2.54%株主資本利益率-0.66%ネット・マージン0.17%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.044 (vs NT$0.029 in 1Q 2025)First quarter 2026 results: EPS: NT$0.044 (up from NT$0.029 in 1Q 2025). Revenue: NT$267.5m (up 21% from 1Q 2025). Net income: NT$1.84m (up 52% from 1Q 2025). Profit margin: 0.7% (up from 0.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.02 (vs NT$2.04 in FY 2024)Full year 2025 results: EPS: NT$0.02 (down from NT$2.04 in FY 2024). Revenue: NT$884.0m (up 10% from FY 2024). Net income: NT$924.0k (down 99% from FY 2024). Profit margin: 0.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.47 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.47 profit in 3Q 2024). Revenue: NT$208.9m (up 12% from 3Q 2024). Net loss: NT$13.3m (down 168% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • May 01Gamesparcs Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Gamesparcs Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.03 (vs NT$2.43 in FY 2023)Full year 2024 results: EPS: NT$2.03 (down from NT$2.43 in FY 2023). Revenue: NT$802.1m (up 3.6% from FY 2023). Net income: NT$85.5m (down 16% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 04Gamesparcs Co.,Ltd. to Report Q4, 2024 Results on Mar 11, 2025Gamesparcs Co.,Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.044 (vs NT$0.029 in 1Q 2025)First quarter 2026 results: EPS: NT$0.044 (up from NT$0.029 in 1Q 2025). Revenue: NT$267.5m (up 21% from 1Q 2025). Net income: NT$1.84m (up 52% from 1Q 2025). Profit margin: 0.7% (up from 0.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Declared Dividend • May 09Dividend reduced to NT$0.02Dividend of NT$0.02 is 99% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 0.04%, which is lower than the industry average of 4.3%.Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.02 (vs NT$2.04 in FY 2024)Full year 2025 results: EPS: NT$0.02 (down from NT$2.04 in FY 2024). Revenue: NT$884.0m (up 10% from FY 2024). Net income: NT$924.0k (down 99% from FY 2024). Profit margin: 0.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Mar 06Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2026Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.47 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.47 profit in 3Q 2024). Revenue: NT$208.9m (up 12% from 3Q 2024). Net loss: NT$13.3m (down 168% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.New Risk • Aug 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 56% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 162% Paying a dividend despite having no free cash flows. High level of non-cash earnings (56% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (NT$2.02b market cap, or US$66.6m).Upcoming Dividend • Jun 25Upcoming dividend of NT$1.83 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.9%).New Risk • May 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.0% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 160% Cash payout ratio: 103% Minor Risks Profit margins are more than 30% lower than last year (6.0% net profit margin). Market cap is less than US$100m (NT$2.58b market cap, or US$85.2m).Declared Dividend • May 10Dividend increased to NT$1.83Dividend of NT$1.83 is 83% higher than last year. Ex-date: 2nd July 2025 Payment date: 25th July 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89.9% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 56% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 46% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend.お知らせ • May 01Gamesparcs Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Gamesparcs Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$46.80, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 20x in the Entertainment industry in Taiwan. Total loss to shareholders of 3.1% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.03 (vs NT$2.43 in FY 2023)Full year 2024 results: EPS: NT$2.03 (down from NT$2.43 in FY 2023). Revenue: NT$802.1m (up 3.6% from FY 2023). Net income: NT$85.5m (down 16% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 12Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2025Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2025. Location: 14 floor no,1049, chien hsing rd., west district, taichung city Taiwanお知らせ • Mar 04Gamesparcs Co.,Ltd. to Report Q4, 2024 Results on Mar 11, 2025Gamesparcs Co.,Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025Buy Or Sell Opportunity • Feb 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to NT$56.70. The fair value is estimated to be NT$71.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to NT$57.80. The fair value is estimated to be NT$72.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Dec 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to NT$57.50. The fair value is estimated to be NT$72.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$2.99b market cap, or US$92.3m).Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.90, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 24x in the Entertainment industry in Taiwan. Total returns to shareholders of 16% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$0.55 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (down from NT$0.55 in 3Q 2023). Revenue: NT$186.1m (down 2.8% from 3Q 2023). Net income: NT$19.5m (down 16% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Nov 02Gamesparcs Co.,Ltd. to Report Q3, 2024 Results on Nov 11, 2024Gamesparcs Co.,Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.82 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.89 (up from NT$0.82 in 2Q 2023). Revenue: NT$207.6m (up 7.4% from 2Q 2023). Net income: NT$37.3m (up 8.5% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 01Gamesparcs Co.,Ltd. to Report Q2, 2024 Results on Aug 08, 2024Gamesparcs Co.,Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$62.30, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 29x in the Entertainment industry in Taiwan. Total loss to shareholders of 12% over the past three years.New Risk • Jul 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.47b market cap, or US$76.1m).Upcoming Dividend • Jun 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 02 July 2024. Payment date: 25 July 2024. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.3%).Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.93 (vs NT$0.57 in 1Q 2023)First quarter 2024 results: EPS: NT$0.93 (up from NT$0.57 in 1Q 2023). Revenue: NT$224.9m (up 16% from 1Q 2023). Net income: NT$39.1m (up 62% from 1Q 2023). Profit margin: 17% (up from 13% 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 81% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 10Gamesparcs Co.,Ltd. Announces Cash Dividend, Payable on July 25, 2024Gamesparcs Co.,Ltd. announced cash dividend of TWD 25,200,378, TWD 0.6 per share. Ex-rights (ex-dividend) date is July 2, 2024. Ex-rights (Ex-dividend) record date is July 8, 2024. Payment date of cash dividend distribution is July 25, 2024.お知らせ • May 02Gamesparcs Co.,Ltd. to Report Q1, 2024 Results on May 09, 2024Gamesparcs Co.,Ltd. announced that they will report Q1, 2024 results on May 09, 2024Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.40, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 25x in the Entertainment industry in Taiwan. Total returns to shareholders of 1.2% over the past three years.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: NT$2.43 (vs NT$2.35 in FY 2022)Full year 2023 results: EPS: NT$2.43 (up from NT$2.35 in FY 2022). Revenue: NT$774.4m (flat on FY 2022). Net income: NT$102.0m (up 3.2% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 08Gamesparcs Co.,Ltd., Annual General Meeting, Jun 13, 2024Gamesparcs Co.,Ltd., Annual General Meeting, Jun 13, 2024. Location: 3 F.-4, No. 360, Jianxing Rd., North Dist., Taichung City Taichung City Taiwan Agenda: To 2023 business report; to Audit Committee's review of the 2023 annual final accounting ledgers and statements; to Report on 2023 employees' and directors' remuneration; To Report on 2023 distribution of the cash dividends from Earnings and Capital Surplus; to Report on 2023 remuneration of individual directors; to Report on the Amended Rules of Procedure for Board of Directors Meetings.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$2.35 (vs NT$3.90 loss in FY 2021)Full year 2022 results: EPS: NT$2.35 (up from NT$3.90 loss in FY 2021). Revenue: NT$780.6m (up 6.1% from FY 2021). Net income: NT$98.8m (up NT$262.4m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$50.30, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 14x in the Entertainment industry in Taiwan. Total loss to shareholders of 26% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.22 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (up from NT$3.22 loss in 3Q 2021). Revenue: NT$193.3m (up 2.1% from 3Q 2021). Net income: NT$23.4m (up NT$158.4m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). 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 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.79 (vs NT$0.97 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.79 (up from NT$0.97 loss in 2Q 2021). Revenue: NT$191.6m (flat on 2Q 2021). Net income: NT$33.0m (up NT$73.7m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Board Change • Jul 31High number of new directorsDirector Han Ming Liu was the last director to join the board, commencing their role in 2021.Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.76 (up from NT$0.42 in 1Q 2021). Revenue: NT$200.3m (up 9.4% from 1Q 2021). Net income: NT$31.9m (up 80% from 1Q 2021). Profit margin: 16% (up from 9.7% in 1Q 2021). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 194%. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Board Change • May 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ron-Shu Ho was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$3.89 loss per share (down from NT$1.20 profit in FY 2020). Revenue: NT$736.0m (down 12% from FY 2020). Net loss: NT$163.6m (down 424% from profit in FY 2020). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 12Third quarter 2021 earnings released: NT$3.22 loss per share (vs NT$0.22 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$189.3m (down 23% from 3Q 2020). Net loss: NT$135.1m (loss widened NT$125.9m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 19Second quarter 2021 earnings released: NT$0.97 loss per share (vs NT$0.14 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$190.9m (up 15% from 2Q 2020). Net loss: NT$40.8m (down NT$46.5m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.42 (vs NT$1.03 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$183.2m (down 22% from 1Q 2020). Net income: NT$17.8m (down 59% from 1Q 2020). Profit margin: 9.7% (down from 19% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.20 (vs NT$2.55 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$837.0m (down 44% from FY 2019). Net income: NT$50.5m (up NT$157.5m from FY 2019). Profit margin: 6.0% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 10Net Publishing Co., Ltd.'s (GTSM:6542) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?Net Publishing's (GTSM:6542) stock is up by a considerable 38% over the past three months. We, however wanted to have a...分析記事 • Feb 11Returns On Capital At Net Publishing (GTSM:6542) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$72.80, the stock is trading at a trailing P/E ratio of 76.1x, up from the previous P/E ratio of 63.8x. This compares to an average P/E of 17x in the Entertainment industry in Taiwan. Total returns to shareholders over the past three years are 71%.分析記事 • Jan 21Investors Who Bought Net Publishing (GTSM:6542) Shares Three Years Ago Are Now Up 28%Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are...Is New 90 Day High Low • Jan 18New 90-day high: NT$61.40The company is up 18% from its price of NT$52.00 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 6.0% over the same period.分析記事 • Dec 31Net Publishing Co., Ltd. (GTSM:6542) Investors Should Think About This Before Buying It For Its DividendIs Net Publishing Co., Ltd. ( GTSM:6542 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Dec 31New 90-day high: NT$53.50The company is up 4.0% from its price of NT$51.30 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 9.0% over the same period.分析記事 • Dec 09We Think Net Publishing's (GTSM:6542) Statutory Profit Might Understate Its Earnings PotentialIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...Is New 90 Day High Low • Dec 05New 90-day low: NT$48.90The company is down 6.0% from its price of NT$51.90 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 10.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.22 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$245.8m (down 1.4% from 3Q 2019). Net loss: NT$9.17m (loss narrowed 90% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.収支内訳GamesparcsLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:6542 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 26931237134031 Dec 25884133233930 Sep 25816-3032333630 Jun 25793329731031 Mar 257984833327031 Dec 248028534721730 Sep 2481511631520330 Jun 2482012034018731 Mar 2480611732318531 Dec 2377410230518030 Sep 237749233116830 Jun 237769232217531 Mar 237749130518231 Dec 227819931118830 Sep 227588332519130 Jun 22754-7637919131 Mar 22753-14944019431 Dec 21736-16442019930 Sep 21756-14739319630 Jun 21812-2134919331 Mar 217872527318331 Dec 208375027917430 Sep 208844028317030 Jun 201,016-3929814431 Mar 201,354-7243813231 Dec 191,484-10747511530 Sep 191,984-9367811030 Jun 192,190317469731 Mar 192,2561147247631 Dec 182,3551277415930 Sep 181,939-276162430 Jun 181,768-895662431 Mar 181,810-1245912731 Dec 172,176-907203030 Sep 172,422547883630 Jun 172,655968874131 Mar 172,7971059934731 Dec 162,749961,0135430 Sep 162,6951469555630 Jun 162,5231858735831 Mar 162,160788055631 Dec 151,841586665130 Sep 151,711166364730 Jun 151,622-2562342質の高い収益: 6542 非現金収入 のレベルが高いです。利益率の向上: 6542の現在の純利益率 (0.2%)は、昨年(6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6542の収益は過去 5 年間で年間28.3%増加しました。成長の加速: 6542は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 6542は過去 1 年間で収益成長率がマイナス ( -96.7% ) となったため、 Entertainment業界平均 ( 17.9% ) と比較することが困難です。株主資本利益率高いROE: 6542の 自己資本利益率 ( -0.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 11:07終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Gamesparcs Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関null nullCapital Securities CorporationJiawei ChangCapital Securities Corporation
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.044 (vs NT$0.029 in 1Q 2025)First quarter 2026 results: EPS: NT$0.044 (up from NT$0.029 in 1Q 2025). Revenue: NT$267.5m (up 21% from 1Q 2025). Net income: NT$1.84m (up 52% from 1Q 2025). Profit margin: 0.7% (up from 0.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.02 (vs NT$2.04 in FY 2024)Full year 2025 results: EPS: NT$0.02 (down from NT$2.04 in FY 2024). Revenue: NT$884.0m (up 10% from FY 2024). Net income: NT$924.0k (down 99% from FY 2024). Profit margin: 0.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.47 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.47 profit in 3Q 2024). Revenue: NT$208.9m (up 12% from 3Q 2024). Net loss: NT$13.3m (down 168% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • May 01Gamesparcs Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Gamesparcs Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.03 (vs NT$2.43 in FY 2023)Full year 2024 results: EPS: NT$2.03 (down from NT$2.43 in FY 2023). Revenue: NT$802.1m (up 3.6% from FY 2023). Net income: NT$85.5m (down 16% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 04Gamesparcs Co.,Ltd. to Report Q4, 2024 Results on Mar 11, 2025Gamesparcs Co.,Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.044 (vs NT$0.029 in 1Q 2025)First quarter 2026 results: EPS: NT$0.044 (up from NT$0.029 in 1Q 2025). Revenue: NT$267.5m (up 21% from 1Q 2025). Net income: NT$1.84m (up 52% from 1Q 2025). Profit margin: 0.7% (up from 0.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Declared Dividend • May 09Dividend reduced to NT$0.02Dividend of NT$0.02 is 99% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 0.04%, which is lower than the industry average of 4.3%.
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.02 (vs NT$2.04 in FY 2024)Full year 2025 results: EPS: NT$0.02 (down from NT$2.04 in FY 2024). Revenue: NT$884.0m (up 10% from FY 2024). Net income: NT$924.0k (down 99% from FY 2024). Profit margin: 0.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Mar 06Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2026Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.47 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.47 profit in 3Q 2024). Revenue: NT$208.9m (up 12% from 3Q 2024). Net loss: NT$13.3m (down 168% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
New Risk • Aug 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 56% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 162% Paying a dividend despite having no free cash flows. High level of non-cash earnings (56% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (NT$2.02b market cap, or US$66.6m).
Upcoming Dividend • Jun 25Upcoming dividend of NT$1.83 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.9%).
New Risk • May 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.0% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 160% Cash payout ratio: 103% Minor Risks Profit margins are more than 30% lower than last year (6.0% net profit margin). Market cap is less than US$100m (NT$2.58b market cap, or US$85.2m).
Declared Dividend • May 10Dividend increased to NT$1.83Dividend of NT$1.83 is 83% higher than last year. Ex-date: 2nd July 2025 Payment date: 25th July 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89.9% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 56% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 46% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend.
お知らせ • May 01Gamesparcs Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Gamesparcs Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$46.80, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 20x in the Entertainment industry in Taiwan. Total loss to shareholders of 3.1% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.03 (vs NT$2.43 in FY 2023)Full year 2024 results: EPS: NT$2.03 (down from NT$2.43 in FY 2023). Revenue: NT$802.1m (up 3.6% from FY 2023). Net income: NT$85.5m (down 16% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 12Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2025Gamesparcs Co.,Ltd., Annual General Meeting, Jun 11, 2025. Location: 14 floor no,1049, chien hsing rd., west district, taichung city Taiwan
お知らせ • Mar 04Gamesparcs Co.,Ltd. to Report Q4, 2024 Results on Mar 11, 2025Gamesparcs Co.,Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025
Buy Or Sell Opportunity • Feb 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to NT$56.70. The fair value is estimated to be NT$71.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to NT$57.80. The fair value is estimated to be NT$72.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Dec 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to NT$57.50. The fair value is estimated to be NT$72.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$2.99b market cap, or US$92.3m).
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$64.90, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 24x in the Entertainment industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$0.55 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (down from NT$0.55 in 3Q 2023). Revenue: NT$186.1m (down 2.8% from 3Q 2023). Net income: NT$19.5m (down 16% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Nov 02Gamesparcs Co.,Ltd. to Report Q3, 2024 Results on Nov 11, 2024Gamesparcs Co.,Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.82 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.89 (up from NT$0.82 in 2Q 2023). Revenue: NT$207.6m (up 7.4% from 2Q 2023). Net income: NT$37.3m (up 8.5% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 01Gamesparcs Co.,Ltd. to Report Q2, 2024 Results on Aug 08, 2024Gamesparcs Co.,Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$62.30, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 29x in the Entertainment industry in Taiwan. Total loss to shareholders of 12% over the past three years.
New Risk • Jul 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.47b market cap, or US$76.1m).
Upcoming Dividend • Jun 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 02 July 2024. Payment date: 25 July 2024. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.3%).
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.93 (vs NT$0.57 in 1Q 2023)First quarter 2024 results: EPS: NT$0.93 (up from NT$0.57 in 1Q 2023). Revenue: NT$224.9m (up 16% from 1Q 2023). Net income: NT$39.1m (up 62% from 1Q 2023). Profit margin: 17% (up from 13% 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 81% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 10Gamesparcs Co.,Ltd. Announces Cash Dividend, Payable on July 25, 2024Gamesparcs Co.,Ltd. announced cash dividend of TWD 25,200,378, TWD 0.6 per share. Ex-rights (ex-dividend) date is July 2, 2024. Ex-rights (Ex-dividend) record date is July 8, 2024. Payment date of cash dividend distribution is July 25, 2024.
お知らせ • May 02Gamesparcs Co.,Ltd. to Report Q1, 2024 Results on May 09, 2024Gamesparcs Co.,Ltd. announced that they will report Q1, 2024 results on May 09, 2024
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.40, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 25x in the Entertainment industry in Taiwan. Total returns to shareholders of 1.2% over the past three years.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: NT$2.43 (vs NT$2.35 in FY 2022)Full year 2023 results: EPS: NT$2.43 (up from NT$2.35 in FY 2022). Revenue: NT$774.4m (flat on FY 2022). Net income: NT$102.0m (up 3.2% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 08Gamesparcs Co.,Ltd., Annual General Meeting, Jun 13, 2024Gamesparcs Co.,Ltd., Annual General Meeting, Jun 13, 2024. Location: 3 F.-4, No. 360, Jianxing Rd., North Dist., Taichung City Taichung City Taiwan Agenda: To 2023 business report; to Audit Committee's review of the 2023 annual final accounting ledgers and statements; to Report on 2023 employees' and directors' remuneration; To Report on 2023 distribution of the cash dividends from Earnings and Capital Surplus; to Report on 2023 remuneration of individual directors; to Report on the Amended Rules of Procedure for Board of Directors Meetings.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$2.35 (vs NT$3.90 loss in FY 2021)Full year 2022 results: EPS: NT$2.35 (up from NT$3.90 loss in FY 2021). Revenue: NT$780.6m (up 6.1% from FY 2021). Net income: NT$98.8m (up NT$262.4m from FY 2021). Profit margin: 13% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$50.30, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 14x in the Entertainment industry in Taiwan. Total loss to shareholders of 26% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.22 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (up from NT$3.22 loss in 3Q 2021). Revenue: NT$193.3m (up 2.1% from 3Q 2021). Net income: NT$23.4m (up NT$158.4m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). 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 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.79 (vs NT$0.97 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.79 (up from NT$0.97 loss in 2Q 2021). Revenue: NT$191.6m (flat on 2Q 2021). Net income: NT$33.0m (up NT$73.7m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Board Change • Jul 31High number of new directorsDirector Han Ming Liu was the last director to join the board, commencing their role in 2021.
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.76 (up from NT$0.42 in 1Q 2021). Revenue: NT$200.3m (up 9.4% from 1Q 2021). Net income: NT$31.9m (up 80% from 1Q 2021). Profit margin: 16% (up from 9.7% in 1Q 2021). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 194%. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Board Change • May 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ron-Shu Ho was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$3.89 loss per share (down from NT$1.20 profit in FY 2020). Revenue: NT$736.0m (down 12% from FY 2020). Net loss: NT$163.6m (down 424% from profit in FY 2020). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 12Third quarter 2021 earnings released: NT$3.22 loss per share (vs NT$0.22 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$189.3m (down 23% from 3Q 2020). Net loss: NT$135.1m (loss widened NT$125.9m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 19Second quarter 2021 earnings released: NT$0.97 loss per share (vs NT$0.14 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$190.9m (up 15% from 2Q 2020). Net loss: NT$40.8m (down NT$46.5m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.42 (vs NT$1.03 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$183.2m (down 22% from 1Q 2020). Net income: NT$17.8m (down 59% from 1Q 2020). Profit margin: 9.7% (down from 19% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.20 (vs NT$2.55 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$837.0m (down 44% from FY 2019). Net income: NT$50.5m (up NT$157.5m from FY 2019). Profit margin: 6.0% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 10Net Publishing Co., Ltd.'s (GTSM:6542) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?Net Publishing's (GTSM:6542) stock is up by a considerable 38% over the past three months. We, however wanted to have a...
分析記事 • Feb 11Returns On Capital At Net Publishing (GTSM:6542) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$72.80, the stock is trading at a trailing P/E ratio of 76.1x, up from the previous P/E ratio of 63.8x. This compares to an average P/E of 17x in the Entertainment industry in Taiwan. Total returns to shareholders over the past three years are 71%.
分析記事 • Jan 21Investors Who Bought Net Publishing (GTSM:6542) Shares Three Years Ago Are Now Up 28%Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are...
Is New 90 Day High Low • Jan 18New 90-day high: NT$61.40The company is up 18% from its price of NT$52.00 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is up 6.0% over the same period.
分析記事 • Dec 31Net Publishing Co., Ltd. (GTSM:6542) Investors Should Think About This Before Buying It For Its DividendIs Net Publishing Co., Ltd. ( GTSM:6542 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Dec 31New 90-day high: NT$53.50The company is up 4.0% from its price of NT$51.30 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 9.0% over the same period.
分析記事 • Dec 09We Think Net Publishing's (GTSM:6542) Statutory Profit Might Understate Its Earnings PotentialIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Is New 90 Day High Low • Dec 05New 90-day low: NT$48.90The company is down 6.0% from its price of NT$51.90 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 10.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.22 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$245.8m (down 1.4% from 3Q 2019). Net loss: NT$9.17m (loss narrowed 90% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.