View ValuationWinstek Semiconductor 将来の成長Future 基準チェック /06現在、 Winstek Semiconductor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Semiconductor 収益成長25.9%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 updatesReported Earnings • May 06First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.54 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$1.31b (up 21% from 1Q 2025). Net income: NT$239.8m (up 15% from 1Q 2025). Profit margin: 18% (down from 19% in 1Q 2025). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$172, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 251% over the past three years.お知らせ • Mar 09Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2026Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,8, k`o chi 5th rd., east district, hsinchu city TaiwanReported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$5.48 (vs NT$6.23 in FY 2024)Full year 2025 results: EPS: NT$5.48 (down from NT$6.23 in FY 2024). Revenue: NT$4.65b (up 12% from FY 2024). Net income: NT$746.5m (down 12% from FY 2024). Profit margin: 16% (down from 20% 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 7% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$145, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 249% over the past three years.Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$119, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 202% over the past three years.New Risk • Dec 16New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$113, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 167% over the past three years.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: NT$1.53 (vs NT$1.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.53 (up from NT$1.28 in 3Q 2024). Revenue: NT$1.14b (up 9.3% from 3Q 2024). Net income: NT$208.7m (up 20% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 91% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (47% accrual ratio).Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$0.66 (vs NT$1.54 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.66 (down from NT$1.54 in 2Q 2024). Revenue: NT$1.17b (up 15% from 2Q 2024). Net income: NT$90.0m (down 57% from 2Q 2024). Profit margin: 7.7% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Declared Dividend • Jun 13Dividend reduced to NT$4.60Dividend of NT$4.60 is 4.2% lower than last year. Ex-date: 30th June 2025 Payment date: 23rd July 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (78% 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 7.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 05First quarter 2025 earnings released: EPS: NT$1.54 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$1.54 (down from NT$1.86 in 1Q 2024). Revenue: NT$1.08b (up 8.3% from 1Q 2024). Net income: NT$209.2m (down 18% from 1Q 2024). Profit margin: 19% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 24Winstek Semiconductor Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Winstek Semiconductor Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$78.10, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 157% over the past three years.New Risk • Mar 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% 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 Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 34x cash flows per share).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$6.23 (vs NT$6.16 in FY 2023)Full year 2024 results: EPS: NT$6.23 (up from NT$6.16 in FY 2023). Revenue: NT$4.17b (up 14% from FY 2023). Net income: NT$848.5m (up 1.0% from FY 2023). Profit margin: 20% (down from 23% 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 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2025Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,8, k`o chi 5th rd., east district, hsinchu city Taiwanお知らせ • Feb 19Winstek Semiconductor Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Winstek Semiconductor Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$118, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 333% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.28 (vs NT$1.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.28 (down from NT$1.86 in 3Q 2023). Revenue: NT$1.05b (up 8.6% from 3Q 2023). Net income: NT$174.7m (down 31% from 3Q 2023). Profit margin: 17% (down from 26% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 48% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 19Winstek Semiconductor Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Winstek Semiconductor Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024お知らせ • Jul 20Winstek Semiconductor Co., Ltd. to Report Q2, 2024 Results on Jul 29, 2024Winstek Semiconductor Co., Ltd. announced that they will report Q2, 2024 results on Jul 29, 2024Upcoming Dividend • Jul 05Upcoming dividend of NT$4.80 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.0%).Declared Dividend • Jun 21Dividend reduced to NT$4.80Dividend of NT$4.80 is 4.0% lower than last year. Ex-date: 10th July 2024 Payment date: 5th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 20Winstek Semiconductor Co., Ltd. Announces Cash Dividend, Payable on August 5, 2024Winstek Semiconductor Co., Ltd. announced cash dividend of TWD 654,055,963 or TWD 4.8 per share. Ex-rights (Ex-dividend) date: July 10, 2024. Ex-rights (Ex-dividend) record date: July 16, 2024. Payment date of cash dividend distribution: August 5, 2024.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.32 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.32 in 1Q 2023). Revenue: NT$1.00b (up 17% from 1Q 2023). Net income: NT$253.5m (up 41% from 1Q 2023). Profit margin: 25% (up from 21% 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 34% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$6.16 (vs NT$6.73 in FY 2022)Full year 2023 results: EPS: NT$6.16 (down from NT$6.73 in FY 2022). Revenue: NT$3.67b (down 7.1% from FY 2022). Net income: NT$839.8m (down 8.5% from FY 2022). Profit margin: 23% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 09+ 1 more updateTST Co.,Ltd. Announces Cash Dividend, Payable on March 22, 2024Winstek Semiconductor Co., Ltd. announced that on behalf of subsidiary (TST Co.,Ltd.) announced the cash dividends of TWD 1,291,209. Ex-rights (Ex-dividend) record date is March 20, 2024. Payment date of cash dividend distribution is March 22, 2024.お知らせ • Feb 27Winstek Semiconductor Co., Ltd., Annual General Meeting, May 21, 2024Winstek Semiconductor Co., Ltd., Annual General Meeting, May 21, 2024. Location: No. 176-5, 6 Ling, Hualung Chung Chun Chiung Lin, 307 Hsi-Chiu Hsien Taiwan Taiwan Agenda: To consider and approve the Business report 2023; to consider and approve the employee and directors compensation; to consider and approve the Audit Committee's review of the 2023 annual final accounting ledgers and statements; and to consider any other matters.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$116, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 369% over the past three years.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$1.86 (vs NT$1.82 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.86 (up from NT$1.82 in 3Q 2022). Revenue: NT$963.2m (flat on 3Q 2022). Net income: NT$253.7m (up 2.2% from 3Q 2022). Profit margin: 26% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 02Winstek Semiconductor Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Winstek Semiconductor Co., Ltd. announced that they will report Q3, 2023 results at 9:00 AM, Taipei Standard Time on Oct 31, 2023Buying Opportunity • Oct 31Now 22% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.Buying Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be NT$108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$98.60, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 391% over the past three years.Buying Opportunity • Sep 11Now 23% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be NT$106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: NT$1.91 (vs NT$2.30 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.91 (down from NT$2.30 in 2Q 2022). Revenue: NT$900.6m (down 19% from 2Q 2022). Net income: NT$259.7m (down 17% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 13New 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 6.2% 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 Dividend is not well covered by cash flows (102% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).Upcoming Dividend • Jul 05Upcoming dividend of NT$5.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 12 July 2023. Payment date: 11 August 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).お知らせ • Jun 07Winstek Semiconductor Co., Ltd. Announces Committee ResignationsWinstek Semiconductor Co., Ltd. Name and resume of the previous position holder Lin, Min-Kai /Independent Director of Sigurd Microelectronics Corporation; Wei, Jen-Yu /Independent Director of Winstek Semiconductor Co., Ltd. Partner of MagiCapotal Group; Liao, Chin-Yi /remuneration Committee of Winstek Semiconductor Co., Ltd. Reason for the change:Expired dismissal with expiry of the term of board of directors. Effective date of the new member:The new remuneration committee will be announced after the appointment of latest board of directors.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$67.40, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 228% over the past three years.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: NT$6.73 (vs NT$2.89 in FY 2021)Full year 2022 results: EPS: NT$6.73 (up from NT$2.89 in FY 2021). Revenue: NT$3.95b (up 28% from FY 2021). Net income: NT$917.5m (up 133% from FY 2021). Profit margin: 23% (up from 13% in FY 2021). 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 but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 174% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Min-Kai Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 04Winstek Semiconductor Co., Ltd. announced that it expects to receive TWD 1.499999956 billion in fundingWinstek Semiconductor Co., Ltd. announced a private placement of 7,653,061 common shares at a price of TWD 196 for gross proceeds of TWD 1,499,999,956 on November 2, 2022. The shares have nominal value of TWD 10. The transaction has been approved by the board of directors. The transaction is expected to close on November 8, 2022, to November 28 2022.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: NT$1.82 (vs NT$1.00 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.82 (up from NT$1.00 in 3Q 2021). Revenue: NT$970.4m (up 12% from 3Q 2021). Net income: NT$248.2m (up 83% from 3Q 2021). Profit margin: 26% (up from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$41.85, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 82% over the past three years.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: NT$2.30 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.30 (up from NT$0.64 in 2Q 2021). Revenue: NT$1.12b (up 59% from 2Q 2021). Net income: NT$313.2m (up 262% from 2Q 2021). Profit margin: 28% (up from 12% in 2Q 2021). 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 23% per year.Upcoming Dividend • Jul 05Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.0%).お知らせ • Jun 25Winstek Semiconductor Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Winstek Semiconductor Co., Ltd. announced cash dividend of TWD 313,401,816 (TWD 2.30 per share). Ex-rights (Ex-dividend) date is July 12, 2022. Ex-rights (Ex-dividend) record date is July 18, 2022. Payment date of cash dividend distribution is August 10, 2022, at the AGM held on June 24, 2022.Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$42.10, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 90% over the past three years.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: NT$1.67 (vs NT$0.37 in 1Q 2021)First quarter 2022 results: EPS: NT$1.67 (up from NT$0.37 in 1Q 2021). Revenue: NT$971.4m (up 43% from 1Q 2021). Net income: NT$227.8m (up 347% from 1Q 2021). Profit margin: 24% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Min-Kai Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.89 (up from NT$1.54 in FY 2020). Revenue: NT$3.09b (up 18% from FY 2020). Net income: NT$393.9m (up 88% from FY 2020). Profit margin: 13% (up from 8.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year.お知らせ • Feb 27Winstek Semiconductor Co., Ltd. Announces Management ChangesWinstek Semiconductor Co., Ltd. announced Kevin Liu/Finance Division deputy director/accounting officer replaced Doris Tang/Finance Division controller/financial officer as financial officer, effective date is on February 25, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.58 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$864.8m (up 22% from 3Q 2020). Net income: NT$136.0m (up 71% from 3Q 2020). Profit margin: 16% (up from 11% 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 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.26 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$701.5m (up 22% from 2Q 2020). Net income: NT$86.5m (up 140% from 2Q 2020). Profit margin: 12% (up from 6.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 22Upcoming dividend of NT$1.23 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 20 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.37 (vs NT$0.015 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$677.3m (up 18% from 1Q 2020). Net income: NT$50.9m (up NT$48.9m from 1Q 2020). Profit margin: 7.5% (up from 0.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$36.15, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.0% over the past three years.分析記事 • Apr 01Would Winstek Semiconductor Co., Ltd. (GTSM:3265) Be Valuable To Income Investors?Dividend paying stocks like Winstek Semiconductor Co., Ltd. ( GTSM:3265 ) tend to be popular with investors, and for...分析記事 • Mar 15Is Winstek Semiconductor (GTSM:3265) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 10Winstek Semiconductor Co., Ltd., Annual General Meeting, Jun 07, 2021Winstek Semiconductor Co., Ltd., Annual General Meeting, Jun 07, 2021. Location: No. 176-5, 6 Ling, Hualung Chung Chun, Chiung Lin, 307 Hsi-Chiu Hsien Hsinchu City Taiwan Agenda: To consider the 2020 business report; to consider the Audit Committee's review of the 2020 annual final accounting ledgers and statements; to report on 2020 employees' and directors' remuneration; to report on cash dividends distribution of the 2020 earnings; and to acknowledge the 2020 business report and annual final accounting ledgers and statements.Reported Earnings • Mar 10Full year 2020 earnings released: EPS NT$1.54 (vs NT$4.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.61b (down 11% from FY 2019). Net income: NT$209.4m (down 63% from FY 2019). Profit margin: 8.0% (down from 19% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 26New 90-day high: NT$30.60The company is up 12% from its price of NT$27.40 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.分析記事 • Feb 20Shareholders Of Winstek Semiconductor (GTSM:3265) Must Be Happy With Their 92% ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...分析記事 • Jan 24Is There More Growth In Store For Winstek Semiconductor's (GTSM:3265) Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...分析記事 • Dec 28Is Winstek Semiconductor Co., Ltd. (GTSM:3265) A Great Dividend Stock?Is Winstek Semiconductor Co., Ltd. ( GTSM:3265 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Dec 06Winstek Semiconductor (GTSM:3265) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Dec 05New 90-day high: NT$28.30The company is up 17% from its price of NT$24.20 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 20% over the same period.Is New 90 Day High Low • Nov 10New 90-day high: NT$24.35The company is up 2.0% from its price of NT$23.80 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 6.0% over the same period.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS NT$0.58The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$711.3m (up 18% from 3Q 2019). Net income: NT$79.4m (up 92% from 3Q 2019). Profit margin: 11% (up from 6.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$22.50The company is down 8.0% from its price of NT$24.35 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 23% over the same period. 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、Winstek Semiconductor 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:3265 - 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3/31/20264,872777-7881,302N/A12/31/20254,648747-3581,365N/A9/30/20254,497719-9781,386N/A6/30/20254,400685-9551,154N/A3/31/20254,250804-1021,344N/A12/31/20244,167849191,331N/A9/30/20244,0137848381,271N/A6/30/20243,9308631,1621,570N/A3/31/20243,8119141,2361,549N/A12/31/20233,6688401,1931,537N/A9/30/20233,6128211,0181,317N/A6/30/20233,6198161,1801,519N/A3/31/20233,8348691,3791,729N/A12/31/20223,9479175331,604N/A9/30/20223,9009105431,753N/A6/30/20223,794797-2671,377N/A3/31/20223,380571-9871,182N/A12/31/20213,086394-745964N/A9/30/20212,997365-703904N/A6/30/20212,844309-159957N/A3/31/20212,716258374983N/A12/31/20202,6142097251,197N/A9/30/20203,1425986701,160N/A6/30/20203,0345606501,227N/A3/31/20202,9775154171,069N/A12/31/20192,943568N/A1,014N/A9/30/20192,20491N/A1,309N/A6/30/20192,334184N/A1,177N/A3/31/20192,706333N/A1,348N/A12/31/20182,870330N/A1,529N/A9/30/20183,188804N/A1,282N/A6/30/20183,210762N/A1,236N/A3/31/20182,893540N/A1,504N/A12/31/20172,843728N/A1,942N/A9/30/20172,825776N/A1,945N/A6/30/20172,996751N/A2,009N/A3/31/20173,341942N/A1,469N/A12/31/20163,372611N/A654N/A9/30/20163,059-92N/A580N/A6/30/20162,703-280N/A481N/A3/31/20162,666-340N/A758N/A12/31/20152,928-164N/A1,128N/A9/30/20153,436158N/A1,581N/A6/30/20154,013455N/A2,318N/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: 3265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: 3265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: 3265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: 3265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: 3265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: 3265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7D1Y7D1Y7D1YSemiconductors 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2026/05/22 12:35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Winstek Semiconductor 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。1 アナリスト機関Tingting HsuMasterlink Securities Investment Advisory
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.54 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$1.31b (up 21% from 1Q 2025). Net income: NT$239.8m (up 15% from 1Q 2025). Profit margin: 18% (down from 19% in 1Q 2025). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$172, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 251% over the past three years.
お知らせ • Mar 09Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2026Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,8, k`o chi 5th rd., east district, hsinchu city Taiwan
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$5.48 (vs NT$6.23 in FY 2024)Full year 2025 results: EPS: NT$5.48 (down from NT$6.23 in FY 2024). Revenue: NT$4.65b (up 12% from FY 2024). Net income: NT$746.5m (down 12% from FY 2024). Profit margin: 16% (down from 20% 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 7% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$145, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 249% over the past three years.
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$119, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 202% over the past three years.
New Risk • Dec 16New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$113, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 167% over the past three years.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: NT$1.53 (vs NT$1.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.53 (up from NT$1.28 in 3Q 2024). Revenue: NT$1.14b (up 9.3% from 3Q 2024). Net income: NT$208.7m (up 20% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
New Risk • Aug 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 91% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. High level of non-cash earnings (47% accrual ratio).
Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$0.66 (vs NT$1.54 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.66 (down from NT$1.54 in 2Q 2024). Revenue: NT$1.17b (up 15% from 2Q 2024). Net income: NT$90.0m (down 57% from 2Q 2024). Profit margin: 7.7% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Declared Dividend • Jun 13Dividend reduced to NT$4.60Dividend of NT$4.60 is 4.2% lower than last year. Ex-date: 30th June 2025 Payment date: 23rd July 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (78% 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 7.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 05First quarter 2025 earnings released: EPS: NT$1.54 (vs NT$1.86 in 1Q 2024)First quarter 2025 results: EPS: NT$1.54 (down from NT$1.86 in 1Q 2024). Revenue: NT$1.08b (up 8.3% from 1Q 2024). Net income: NT$209.2m (down 18% from 1Q 2024). Profit margin: 19% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 24Winstek Semiconductor Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Winstek Semiconductor Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$78.10, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 157% over the past three years.
New Risk • Mar 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% 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 Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 34x cash flows per share).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$6.23 (vs NT$6.16 in FY 2023)Full year 2024 results: EPS: NT$6.23 (up from NT$6.16 in FY 2023). Revenue: NT$4.17b (up 14% from FY 2023). Net income: NT$848.5m (up 1.0% from FY 2023). Profit margin: 20% (down from 23% 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 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2025Winstek Semiconductor Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,8, k`o chi 5th rd., east district, hsinchu city Taiwan
お知らせ • Feb 19Winstek Semiconductor Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Winstek Semiconductor Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$118, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 333% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.28 (vs NT$1.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.28 (down from NT$1.86 in 3Q 2023). Revenue: NT$1.05b (up 8.6% from 3Q 2023). Net income: NT$174.7m (down 31% from 3Q 2023). Profit margin: 17% (down from 26% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 48% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 19Winstek Semiconductor Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Winstek Semiconductor Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
お知らせ • Jul 20Winstek Semiconductor Co., Ltd. to Report Q2, 2024 Results on Jul 29, 2024Winstek Semiconductor Co., Ltd. announced that they will report Q2, 2024 results on Jul 29, 2024
Upcoming Dividend • Jul 05Upcoming dividend of NT$4.80 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.0%).
Declared Dividend • Jun 21Dividend reduced to NT$4.80Dividend of NT$4.80 is 4.0% lower than last year. Ex-date: 10th July 2024 Payment date: 5th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 20Winstek Semiconductor Co., Ltd. Announces Cash Dividend, Payable on August 5, 2024Winstek Semiconductor Co., Ltd. announced cash dividend of TWD 654,055,963 or TWD 4.8 per share. Ex-rights (Ex-dividend) date: July 10, 2024. Ex-rights (Ex-dividend) record date: July 16, 2024. Payment date of cash dividend distribution: August 5, 2024.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.32 in 1Q 2023)First quarter 2024 results: EPS: NT$1.86 (up from NT$1.32 in 1Q 2023). Revenue: NT$1.00b (up 17% from 1Q 2023). Net income: NT$253.5m (up 41% from 1Q 2023). Profit margin: 25% (up from 21% 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 34% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$6.16 (vs NT$6.73 in FY 2022)Full year 2023 results: EPS: NT$6.16 (down from NT$6.73 in FY 2022). Revenue: NT$3.67b (down 7.1% from FY 2022). Net income: NT$839.8m (down 8.5% from FY 2022). Profit margin: 23% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 09+ 1 more updateTST Co.,Ltd. Announces Cash Dividend, Payable on March 22, 2024Winstek Semiconductor Co., Ltd. announced that on behalf of subsidiary (TST Co.,Ltd.) announced the cash dividends of TWD 1,291,209. Ex-rights (Ex-dividend) record date is March 20, 2024. Payment date of cash dividend distribution is March 22, 2024.
お知らせ • Feb 27Winstek Semiconductor Co., Ltd., Annual General Meeting, May 21, 2024Winstek Semiconductor Co., Ltd., Annual General Meeting, May 21, 2024. Location: No. 176-5, 6 Ling, Hualung Chung Chun Chiung Lin, 307 Hsi-Chiu Hsien Taiwan Taiwan Agenda: To consider and approve the Business report 2023; to consider and approve the employee and directors compensation; to consider and approve the Audit Committee's review of the 2023 annual final accounting ledgers and statements; and to consider any other matters.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$116, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 369% over the past three years.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$1.86 (vs NT$1.82 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.86 (up from NT$1.82 in 3Q 2022). Revenue: NT$963.2m (flat on 3Q 2022). Net income: NT$253.7m (up 2.2% from 3Q 2022). Profit margin: 26% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 02Winstek Semiconductor Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Winstek Semiconductor Co., Ltd. announced that they will report Q3, 2023 results at 9:00 AM, Taipei Standard Time on Oct 31, 2023
Buying Opportunity • Oct 31Now 22% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.
Buying Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be NT$108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$98.60, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 391% over the past three years.
Buying Opportunity • Sep 11Now 23% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be NT$106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 33%.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: NT$1.91 (vs NT$2.30 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.91 (down from NT$2.30 in 2Q 2022). Revenue: NT$900.6m (down 19% from 2Q 2022). Net income: NT$259.7m (down 17% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 13New 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 6.2% 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 Dividend is not well covered by cash flows (102% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).
Upcoming Dividend • Jul 05Upcoming dividend of NT$5.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 12 July 2023. Payment date: 11 August 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
お知らせ • Jun 07Winstek Semiconductor Co., Ltd. Announces Committee ResignationsWinstek Semiconductor Co., Ltd. Name and resume of the previous position holder Lin, Min-Kai /Independent Director of Sigurd Microelectronics Corporation; Wei, Jen-Yu /Independent Director of Winstek Semiconductor Co., Ltd. Partner of MagiCapotal Group; Liao, Chin-Yi /remuneration Committee of Winstek Semiconductor Co., Ltd. Reason for the change:Expired dismissal with expiry of the term of board of directors. Effective date of the new member:The new remuneration committee will be announced after the appointment of latest board of directors.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$67.40, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 228% over the past three years.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: NT$6.73 (vs NT$2.89 in FY 2021)Full year 2022 results: EPS: NT$6.73 (up from NT$2.89 in FY 2021). Revenue: NT$3.95b (up 28% from FY 2021). Net income: NT$917.5m (up 133% from FY 2021). Profit margin: 23% (up from 13% in FY 2021). 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 but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 174% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Min-Kai Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 04Winstek Semiconductor Co., Ltd. announced that it expects to receive TWD 1.499999956 billion in fundingWinstek Semiconductor Co., Ltd. announced a private placement of 7,653,061 common shares at a price of TWD 196 for gross proceeds of TWD 1,499,999,956 on November 2, 2022. The shares have nominal value of TWD 10. The transaction has been approved by the board of directors. The transaction is expected to close on November 8, 2022, to November 28 2022.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: NT$1.82 (vs NT$1.00 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.82 (up from NT$1.00 in 3Q 2021). Revenue: NT$970.4m (up 12% from 3Q 2021). Net income: NT$248.2m (up 83% from 3Q 2021). Profit margin: 26% (up from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$41.85, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 82% over the past three years.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: NT$2.30 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.30 (up from NT$0.64 in 2Q 2021). Revenue: NT$1.12b (up 59% from 2Q 2021). Net income: NT$313.2m (up 262% from 2Q 2021). Profit margin: 28% (up from 12% in 2Q 2021). 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 23% per year.
Upcoming Dividend • Jul 05Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.0%).
お知らせ • Jun 25Winstek Semiconductor Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Winstek Semiconductor Co., Ltd. announced cash dividend of TWD 313,401,816 (TWD 2.30 per share). Ex-rights (Ex-dividend) date is July 12, 2022. Ex-rights (Ex-dividend) record date is July 18, 2022. Payment date of cash dividend distribution is August 10, 2022, at the AGM held on June 24, 2022.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$42.10, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 90% over the past three years.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: NT$1.67 (vs NT$0.37 in 1Q 2021)First quarter 2022 results: EPS: NT$1.67 (up from NT$0.37 in 1Q 2021). Revenue: NT$971.4m (up 43% from 1Q 2021). Net income: NT$227.8m (up 347% from 1Q 2021). Profit margin: 24% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Min-Kai Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.89 (up from NT$1.54 in FY 2020). Revenue: NT$3.09b (up 18% from FY 2020). Net income: NT$393.9m (up 88% from FY 2020). Profit margin: 13% (up from 8.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Feb 27Winstek Semiconductor Co., Ltd. Announces Management ChangesWinstek Semiconductor Co., Ltd. announced Kevin Liu/Finance Division deputy director/accounting officer replaced Doris Tang/Finance Division controller/financial officer as financial officer, effective date is on February 25, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.58 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$864.8m (up 22% from 3Q 2020). Net income: NT$136.0m (up 71% from 3Q 2020). Profit margin: 16% (up from 11% 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 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.26 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$701.5m (up 22% from 2Q 2020). Net income: NT$86.5m (up 140% from 2Q 2020). Profit margin: 12% (up from 6.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 22Upcoming dividend of NT$1.23 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 20 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.37 (vs NT$0.015 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$677.3m (up 18% from 1Q 2020). Net income: NT$50.9m (up NT$48.9m from 1Q 2020). Profit margin: 7.5% (up from 0.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$36.15, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.0% over the past three years.
分析記事 • Apr 01Would Winstek Semiconductor Co., Ltd. (GTSM:3265) Be Valuable To Income Investors?Dividend paying stocks like Winstek Semiconductor Co., Ltd. ( GTSM:3265 ) tend to be popular with investors, and for...
分析記事 • Mar 15Is Winstek Semiconductor (GTSM:3265) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 10Winstek Semiconductor Co., Ltd., Annual General Meeting, Jun 07, 2021Winstek Semiconductor Co., Ltd., Annual General Meeting, Jun 07, 2021. Location: No. 176-5, 6 Ling, Hualung Chung Chun, Chiung Lin, 307 Hsi-Chiu Hsien Hsinchu City Taiwan Agenda: To consider the 2020 business report; to consider the Audit Committee's review of the 2020 annual final accounting ledgers and statements; to report on 2020 employees' and directors' remuneration; to report on cash dividends distribution of the 2020 earnings; and to acknowledge the 2020 business report and annual final accounting ledgers and statements.
Reported Earnings • Mar 10Full year 2020 earnings released: EPS NT$1.54 (vs NT$4.17 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.61b (down 11% from FY 2019). Net income: NT$209.4m (down 63% from FY 2019). Profit margin: 8.0% (down from 19% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 26New 90-day high: NT$30.60The company is up 12% from its price of NT$27.40 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.
分析記事 • Feb 20Shareholders Of Winstek Semiconductor (GTSM:3265) Must Be Happy With Their 92% ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
分析記事 • Jan 24Is There More Growth In Store For Winstek Semiconductor's (GTSM:3265) Returns On Capital?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
分析記事 • Dec 28Is Winstek Semiconductor Co., Ltd. (GTSM:3265) A Great Dividend Stock?Is Winstek Semiconductor Co., Ltd. ( GTSM:3265 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Dec 06Winstek Semiconductor (GTSM:3265) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Dec 05New 90-day high: NT$28.30The company is up 17% from its price of NT$24.20 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 20% over the same period.
Is New 90 Day High Low • Nov 10New 90-day high: NT$24.35The company is up 2.0% from its price of NT$23.80 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 6.0% over the same period.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS NT$0.58The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$711.3m (up 18% from 3Q 2019). Net income: NT$79.4m (up 92% from 3Q 2019). Profit margin: 11% (up from 6.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$22.50The company is down 8.0% from its price of NT$24.35 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 23% over the same period.