View Future GrowthMacroblock 過去の業績過去 基準チェック /06Macroblockの収益は年間平均-63.7%の割合で減少していますが、 Semiconductor業界の収益は年間 減少しています。収益は年間4.6% 14.6%割合で 減少しています。主要情報-63.71%収益成長率-63.75%EPS成長率Semiconductor 業界の成長19.89%収益成長率-14.60%株主資本利益率-3.78%ネット・マージン-5.98%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.008 (vs NT$0.059 in 1Q 2025)First quarter 2026 results: EPS: NT$0.008 (down from NT$0.059 in 1Q 2025). Revenue: NT$344.0m (down 11% from 1Q 2025). Net income: NT$338.0k (down 87% from 1Q 2025). Profit margin: 0.1% (down from 0.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.28 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.28 profit in FY 2024). Revenue: NT$1.45b (down 19% from FY 2024). Net loss: NT$81.8m (down NT$94.5m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.40 loss in 3Q 2024)Third quarter 2025 results: NT$0.15 loss per share (improved from NT$0.40 loss in 3Q 2024). Revenue: NT$361.6m (down 8.2% from 3Q 2024). Net loss: NT$6.88m (loss narrowed 62% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.49 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.49 profit in 2Q 2024). Revenue: NT$372.3m (down 30% from 2Q 2024). Net loss: NT$42.8m (down 298% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.06 (down from NT$0.13 in 1Q 2024). Revenue: NT$386.3m (down 17% from 1Q 2024). Net income: NT$2.62m (down 56% from 1Q 2024). Profit margin: 0.7% (down from 1.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.お知らせ • May 01Macroblock, Inc. to Report Q1, 2025 Results on May 08, 2025Macroblock, Inc. announced that they will report Q1, 2025 results on May 08, 2025すべての更新を表示Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.008 (vs NT$0.059 in 1Q 2025)First quarter 2026 results: EPS: NT$0.008 (down from NT$0.059 in 1Q 2025). Revenue: NT$344.0m (down 11% from 1Q 2025). Net income: NT$338.0k (down 87% from 1Q 2025). Profit margin: 0.1% (down from 0.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.28 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.28 profit in FY 2024). Revenue: NT$1.45b (down 19% from FY 2024). Net loss: NT$81.8m (down NT$94.5m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Macroblock, Inc., Annual General Meeting, Jun 24, 2026Macroblock, Inc., Annual General Meeting, Jun 24, 2026. Location: 10 floor no,18, p`u ting rd., hsinchu city TaiwanNew Risk • Feb 21New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 112% Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$2.54b market cap, or US$80.6m).New Risk • Dec 19New 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 112% Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$83.9m).Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.40 loss in 3Q 2024)Third quarter 2025 results: NT$0.15 loss per share (improved from NT$0.40 loss in 3Q 2024). Revenue: NT$361.6m (down 8.2% from 3Q 2024). Net loss: NT$6.88m (loss narrowed 62% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.49 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.49 profit in 2Q 2024). Revenue: NT$372.3m (down 30% from 2Q 2024). Net loss: NT$42.8m (down 298% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.New Risk • Jul 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.88b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 9x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.88b market cap, or US$97.1m).Upcoming Dividend • Jul 24Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 29 July 2025. Payment date: 26 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).Declared Dividend • Jul 10Dividend of NT$2.00 announcedDividend of NT$2.00 is the same as last year. Ex-date: 29th July 2025 Payment date: 26th August 2025 Dividend yield will be 2.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 9x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 961% to bring the payout ratio under control. However, EPS has declined by 46% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.06 (down from NT$0.13 in 1Q 2024). Revenue: NT$386.3m (down 17% from 1Q 2024). Net income: NT$2.62m (down 56% from 1Q 2024). Profit margin: 0.7% (down from 1.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.お知らせ • May 01Macroblock, Inc. to Report Q1, 2025 Results on May 08, 2025Macroblock, Inc. announced that they will report Q1, 2025 results on May 08, 2025New Risk • Mar 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 32x earnings per share. Cash payout ratio: 170% Dividend yield: 2.7% 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. Dividend per share is over 32x earnings per share. Cash payout ratio: 170% Earnings have declined by 21% per year over the past 5 years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$0.28 (vs NT$0.28 loss in FY 2023)Full year 2024 results: EPS: NT$0.28 (up from NT$0.28 loss in FY 2023). Revenue: NT$1.79b (down 3.4% from FY 2023). Net income: NT$12.6m (up NT$25.0m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.New Risk • Mar 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.29b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 32x earnings per share). Market cap is less than US$100m (NT$3.29b market cap, or US$100.0m).お知らせ • Mar 07Macroblock, Inc., Annual General Meeting, Jun 18, 2025Macroblock, Inc., Annual General Meeting, Jun 18, 2025. Location: 10 floor no,18, p`u ting rd., hsinchu city TaiwanNew Risk • Nov 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.21b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 31x earnings per share). Market cap is less than US$100m (NT$3.21b market cap, or US$98.7m).Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.40 loss per share (vs NT$0.30 profit in 3Q 2023)Third quarter 2024 results: NT$0.40 loss per share (down from NT$0.30 profit in 3Q 2023). Revenue: NT$393.8m (down 18% from 3Q 2023). Net loss: NT$17.9m (down 232% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.23 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.49 (up from NT$0.23 loss in 2Q 2023). Revenue: NT$533.7m (up 15% from 2Q 2023). Net income: NT$21.6m (up NT$32.0m from 2Q 2023). Profit margin: 4.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.お知らせ • Jul 31Macroblock, Inc. to Report Q2, 2024 Results on Aug 07, 2024Macroblock, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024Upcoming Dividend • Jul 25Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 28 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.0%).Declared Dividend • Jul 03Dividend reduced to NT$2.00Dividend of NT$2.00 is 50% lower than last year. Ex-date: 1st August 2024 Payment date: 28th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 39x earnings). However, it is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4,290% to bring the payout ratio under control. However, EPS has declined by 63% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.19 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.19 loss in 1Q 2023). Revenue: NT$464.9m (down 1.2% from 1Q 2023). Net income: NT$5.96m (up NT$14.6m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 02Macroblock, Inc. to Report Q1, 2024 Results on May 08, 2024Macroblock, Inc. announced that they will report Q1, 2024 results on May 08, 2024Reported Earnings • Mar 17Full year 2023 earnings released: NT$0.28 loss per share (vs NT$6.44 profit in FY 2022)Full year 2023 results: NT$0.28 loss per share (down from NT$6.44 profit in FY 2022). Revenue: NT$1.86b (down 27% from FY 2022). Net loss: NT$12.3m (down 104% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 28% 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.お知らせ • Mar 07+ 1 more updateMacroblock, Inc., Annual General Meeting, Jun 20, 2024Macroblock, Inc., Annual General Meeting, Jun 20, 2024. Location: 10F.,No. 18, Puding Rd., East Dist., Hsin Chu City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee¡¦s Review Report; to consider to report on the distribution of cash dividends of 2023 Earnings; to consider to report on the status of the issuance of securities in private placement approved in year 2023; and to consider other matters.Buying Opportunity • Jan 16Now 20% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be NT$131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Dec 19Now 20% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be NT$133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Board Change • Aug 29Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 23Macroblock, Inc. Announces Replacement of Representative of Juristic-Person DirectorMacroblock, Inc. announces replacement of representative of juristic-person director. Name of legal person: ELAN Microelectronics Corp. Name of the previous position holder: Joe Yeh. Resume of the previous position holder: ELAN Microelectronics Corp. Representative. Name of the new position holder: Liu,Day-Min Representing. Resume of the new position holder: Director of ELAN Microelectronics Corp. Reason for the change: change the representative of juristic-person director. Effective date of the new appointment: August 22, 2023.Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.23 loss per share (vs NT$3.09 profit in 2Q 2022)Second quarter 2023 results: NT$0.23 loss per share (down from NT$3.09 profit in 2Q 2022). Revenue: NT$462.7m (down 42% from 2Q 2022). Net loss: NT$10.4m (down 108% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Jul 14Upcoming dividend of NT$4.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).お知らせ • Jul 01Macroblock, Inc. Approves Dividend Distribution for the Year 2022, Payable on August 25, 2023Macroblock, Inc. announced that shareholders meeting held on June 30, 2023, approved the Type and monetary amount of dividend distribution of TWD 177,780,500. Payment date of cash dividend distribution is August 25, 2023. Ex-rights (Ex-dividend) date is July 21, 2023. Ex-rights (Ex-dividend) record date is July 29, 2023.:Cash dividends will be paid at TWD 4 per share.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$6.44 (vs NT$12.69 in FY 2021)Full year 2022 results: EPS: NT$6.44 (down from NT$12.69 in FY 2021). Revenue: NT$2.53b (down 20% from FY 2021). Net income: NT$286.3m (down 49% from FY 2021). Profit margin: 11% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Dec 07Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be NT$142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 51%.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$118, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 20% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$6.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.60 (down from NT$6.02 in 3Q 2021). Revenue: NT$507.2m (down 51% from 3Q 2021). Net income: NT$26.6m (down 90% from 3Q 2021). Profit margin: 5.2% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$6.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.60 (down from NT$6.02 in 3Q 2021). Revenue: NT$507.2m (down 51% from 3Q 2021). Net income: NT$26.6m (down 90% from 3Q 2021). Profit margin: 5.2% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$86.10, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 15% over the past three years.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$122, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$3.09 (vs NT$2.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.09 (up from NT$2.84 in 2Q 2021). Revenue: NT$798.7m (down 3.3% from 2Q 2021). Net income: NT$137.4m (up 8.7% from 2Q 2021). Profit margin: 17% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 29Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.6%).お知らせ • Jun 21Macroblock, Inc. Approves Dividend Distribution for the Year 2021, Payable on August 5, 2022Macroblock, Inc. announced that shareholders meeting held on June 20, 2022, approved the Type and monetary amount of dividend distribution of TWD 355,561,000. Payment date of cash dividend distribution is August 5, 2022. Ex-rights (Ex-dividend) date is July 6, 2022. Ex-rights (Ex-dividend) record date is July 12, 2022.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.92 (vs NT$0.71 in 1Q 2021)First quarter 2022 results: EPS: NT$2.92 (up from NT$0.71 in 1Q 2021). Revenue: NT$735.2m (up 28% from 1Q 2021). Net income: NT$130.0m (up 313% from 1Q 2021). Profit margin: 18% (up from 5.5% 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 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Mar 15Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% per annum over the last 3 years. Earnings per share has declined by 18% per annum over the last 3 years.Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.04b (up 137% from 3Q 2020). Net income: NT$267.7m (up NT$264.4m from 3Q 2020). Profit margin: 26% (up from 0.7% 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 45% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$221, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 180% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$174, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 99% over the past three years.Board Change • Sep 14Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 10Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 09Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$276, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 197% over the past three years.Board Change • Aug 29Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 24Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 29 September 2021. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$189, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 107% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$2.84 (vs NT$0.33 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$825.6m (up 135% from 2Q 2020). Net income: NT$126.4m (up NT$113.0m from 2Q 2020). Profit margin: 15% (up from 3.8% 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 39% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$136, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$88.80, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.42 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$576.3m (up 5.2% from 1Q 2020). Net income: NT$31.5m (up 84% from 1Q 2020). Profit margin: 5.5% (up from 3.1% 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 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.分析記事 • Apr 12Know This Before Buying Macroblock, Inc. (GTSM:3527) For Its DividendDividend paying stocks like Macroblock, Inc. ( GTSM:3527 ) tend to be popular with investors, and for good reason...分析記事 • Mar 21The Returns At Macroblock (GTSM:3527) Provide Us With Signs Of What's To ComeTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$1.61 (vs NT$5.63 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.90b (down 32% from FY 2019). Net income: NT$68.0m (down 70% from FY 2019). Profit margin: 3.6% (down from 8.2% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Mar 10Macroblock, Inc., Annual General Meeting, Jun 10, 2021Macroblock, Inc., Annual General Meeting, Jun 10, 2021. Location: Meeting Room in MBI No. 18, Puding Rd., East Dist., Hsinchu City Taiwan Agenda: To consider 2020 Business Report; to consider 2020 Audit Committees Review Report; to consider report on the remuneration to the employees, directors and supervisors for the year 2020; to consider report on the status of the issuance of securities in private placement approved in year 2020; to consider adoption of 2020 Business Reports and Financial Statements; to consider adoption of 2020 Earnings Distribution Proposal; to consider proposal for Amendments to the Company’s Articles of Incorporation; to consider proposal for Amendments to the Company’s Rules for Election of Directors; to approve issuance of new common shares for cash in public offering and/or private placement; to consider election of the ninth term of Directors; and to consider other matters.分析記事 • Feb 15Weak Financial Prospects Seem To Be Dragging Down Macroblock, Inc. (GTSM:3527) StockIt is hard to get excited after looking at Macroblock's (GTSM:3527) recent performance, when its stock has declined...分析記事 • Jan 28Did You Participate In Any Of Macroblock's (GTSM:3527) Fantastic 213% Return ?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...分析記事 • Jan 10Looking For Steady Income For Your Dividend Portfolio? Is Macroblock, Inc. (GTSM:3527) A Good Fit?Today we'll take a closer look at Macroblock, Inc. ( GTSM:3527 ) from a dividend investor's perspective. Owning a...分析記事 • Dec 21Has Macroblock (GTSM:3527) Got What It Takes To Become A Multi-Bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 18% share price gain to NT$113, the stock is trading at a trailing P/E ratio of 63.5x, up from the previous P/E ratio of 53.8x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 102%.分析記事 • Dec 04Does Macroblock's (GTSM:3527) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...Is New 90 Day High Low • Nov 28New 90-day high: NT$95.00The company is up 2.0% from its price of NT$92.80 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$73.5m, down 70% from the prior year. Total revenue was NT$2.00b over the last 12 months, down 28% from the prior year.収支内訳Macroblock 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:3527 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 261,407-8420446331 Dec 251,449-8221247930 Sep 251,520-4421444230 Jun 251,553-5521646531 Mar 251,714922648531 Dec 241,7931322950830 Sep 241,833323452630 Jun 241,9223424354531 Mar 241,851224154231 Dec 231,856-1224555030 Sep 231,909-1325255230 Jun 231,934024754831 Mar 232,27014826158831 Dec 222,53428627161530 Sep 222,77043228762330 Jun 223,30767432265031 Mar 223,33466331260831 Dec 213,17556428659530 Sep 213,00746025558430 Jun 212,40419520651831 Mar 211,9308218348231 Dec 201,9016818644230 Sep 201,9977319042430 Jun 202,1989720743131 Mar 202,66018123045531 Dec 192,80623024245830 Sep 192,79024723744630 Jun 192,96729124445731 Mar 192,99429025545631 Dec 182,98526825645230 Sep 183,05925726846730 Jun 182,97123726545531 Mar 182,79015624542031 Dec 172,71614024039330 Sep 172,61312925535930 Jun 172,57913526433031 Mar 172,56318027631531 Dec 162,49119828430230 Sep 162,40518628428830 Jun 162,23317928027731 Mar 162,12915627927731 Dec 152,03311427527230 Sep 152,09215227127630 Jun 152,103142263280質の高い収益: 3527は現在利益が出ていません。利益率の向上: 3527は現在利益が出ていません。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: 3527は利益が出ておらず、過去 5 年間で損失は年間63.7%の割合で増加しています。成長の加速: 3527の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 3527は利益が出ていないため、過去 1 年間の収益成長をSemiconductor業界 ( 2.4% ) と比較することは困難です。株主資本利益率高いROE: 3527は現在利益が出ていないため、自己資本利益率 ( -3.78% ) はマイナスです。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7D1Y7D1Y7D1YSemiconductors 、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 07:06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Macroblock, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関null nullCapital Securities CorporationPeishan LiCapital Securities CorporationYvonne LuKGI Securities Co. Ltd.3 その他のアナリストを表示
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.008 (vs NT$0.059 in 1Q 2025)First quarter 2026 results: EPS: NT$0.008 (down from NT$0.059 in 1Q 2025). Revenue: NT$344.0m (down 11% from 1Q 2025). Net income: NT$338.0k (down 87% from 1Q 2025). Profit margin: 0.1% (down from 0.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.28 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.28 profit in FY 2024). Revenue: NT$1.45b (down 19% from FY 2024). Net loss: NT$81.8m (down NT$94.5m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.40 loss in 3Q 2024)Third quarter 2025 results: NT$0.15 loss per share (improved from NT$0.40 loss in 3Q 2024). Revenue: NT$361.6m (down 8.2% from 3Q 2024). Net loss: NT$6.88m (loss narrowed 62% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.49 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.49 profit in 2Q 2024). Revenue: NT$372.3m (down 30% from 2Q 2024). Net loss: NT$42.8m (down 298% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.06 (down from NT$0.13 in 1Q 2024). Revenue: NT$386.3m (down 17% from 1Q 2024). Net income: NT$2.62m (down 56% from 1Q 2024). Profit margin: 0.7% (down from 1.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Macroblock, Inc. to Report Q1, 2025 Results on May 08, 2025Macroblock, Inc. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.008 (vs NT$0.059 in 1Q 2025)First quarter 2026 results: EPS: NT$0.008 (down from NT$0.059 in 1Q 2025). Revenue: NT$344.0m (down 11% from 1Q 2025). Net income: NT$338.0k (down 87% from 1Q 2025). Profit margin: 0.1% (down from 0.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.28 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.28 profit in FY 2024). Revenue: NT$1.45b (down 19% from FY 2024). Net loss: NT$81.8m (down NT$94.5m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Macroblock, Inc., Annual General Meeting, Jun 24, 2026Macroblock, Inc., Annual General Meeting, Jun 24, 2026. Location: 10 floor no,18, p`u ting rd., hsinchu city Taiwan
New Risk • Feb 21New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 112% Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$2.54b market cap, or US$80.6m).
New Risk • Dec 19New 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 112% Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$83.9m).
Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.40 loss in 3Q 2024)Third quarter 2025 results: NT$0.15 loss per share (improved from NT$0.40 loss in 3Q 2024). Revenue: NT$361.6m (down 8.2% from 3Q 2024). Net loss: NT$6.88m (loss narrowed 62% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.49 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.49 profit in 2Q 2024). Revenue: NT$372.3m (down 30% from 2Q 2024). Net loss: NT$42.8m (down 298% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
New Risk • Jul 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.88b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 9x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.88b market cap, or US$97.1m).
Upcoming Dividend • Jul 24Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 29 July 2025. Payment date: 26 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.1%).
Declared Dividend • Jul 10Dividend of NT$2.00 announcedDividend of NT$2.00 is the same as last year. Ex-date: 29th July 2025 Payment date: 26th August 2025 Dividend yield will be 2.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 9x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 961% to bring the payout ratio under control. However, EPS has declined by 46% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.06 (down from NT$0.13 in 1Q 2024). Revenue: NT$386.3m (down 17% from 1Q 2024). Net income: NT$2.62m (down 56% from 1Q 2024). Profit margin: 0.7% (down from 1.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Macroblock, Inc. to Report Q1, 2025 Results on May 08, 2025Macroblock, Inc. announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Mar 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 32x earnings per share. Cash payout ratio: 170% Dividend yield: 2.7% 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. Dividend per share is over 32x earnings per share. Cash payout ratio: 170% Earnings have declined by 21% per year over the past 5 years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$0.28 (vs NT$0.28 loss in FY 2023)Full year 2024 results: EPS: NT$0.28 (up from NT$0.28 loss in FY 2023). Revenue: NT$1.79b (down 3.4% from FY 2023). Net income: NT$12.6m (up NT$25.0m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
New Risk • Mar 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.29b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 32x earnings per share). Market cap is less than US$100m (NT$3.29b market cap, or US$100.0m).
お知らせ • Mar 07Macroblock, Inc., Annual General Meeting, Jun 18, 2025Macroblock, Inc., Annual General Meeting, Jun 18, 2025. Location: 10 floor no,18, p`u ting rd., hsinchu city Taiwan
New Risk • Nov 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.21b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 31x earnings per share). Market cap is less than US$100m (NT$3.21b market cap, or US$98.7m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.40 loss per share (vs NT$0.30 profit in 3Q 2023)Third quarter 2024 results: NT$0.40 loss per share (down from NT$0.30 profit in 3Q 2023). Revenue: NT$393.8m (down 18% from 3Q 2023). Net loss: NT$17.9m (down 232% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.23 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.49 (up from NT$0.23 loss in 2Q 2023). Revenue: NT$533.7m (up 15% from 2Q 2023). Net income: NT$21.6m (up NT$32.0m from 2Q 2023). Profit margin: 4.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 31Macroblock, Inc. to Report Q2, 2024 Results on Aug 07, 2024Macroblock, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 28 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.0%).
Declared Dividend • Jul 03Dividend reduced to NT$2.00Dividend of NT$2.00 is 50% lower than last year. Ex-date: 1st August 2024 Payment date: 28th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 39x earnings). However, it is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4,290% to bring the payout ratio under control. However, EPS has declined by 63% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.19 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.19 loss in 1Q 2023). Revenue: NT$464.9m (down 1.2% from 1Q 2023). Net income: NT$5.96m (up NT$14.6m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 02Macroblock, Inc. to Report Q1, 2024 Results on May 08, 2024Macroblock, Inc. announced that they will report Q1, 2024 results on May 08, 2024
Reported Earnings • Mar 17Full year 2023 earnings released: NT$0.28 loss per share (vs NT$6.44 profit in FY 2022)Full year 2023 results: NT$0.28 loss per share (down from NT$6.44 profit in FY 2022). Revenue: NT$1.86b (down 27% from FY 2022). Net loss: NT$12.3m (down 104% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 28% 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.
お知らせ • Mar 07+ 1 more updateMacroblock, Inc., Annual General Meeting, Jun 20, 2024Macroblock, Inc., Annual General Meeting, Jun 20, 2024. Location: 10F.,No. 18, Puding Rd., East Dist., Hsin Chu City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee¡¦s Review Report; to consider to report on the distribution of cash dividends of 2023 Earnings; to consider to report on the status of the issuance of securities in private placement approved in year 2023; and to consider other matters.
Buying Opportunity • Jan 16Now 20% undervaluedOver the last 90 days, the stock is up 6.7%. The fair value is estimated to be NT$131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Dec 19Now 20% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be NT$133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Board Change • Aug 29Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 23Macroblock, Inc. Announces Replacement of Representative of Juristic-Person DirectorMacroblock, Inc. announces replacement of representative of juristic-person director. Name of legal person: ELAN Microelectronics Corp. Name of the previous position holder: Joe Yeh. Resume of the previous position holder: ELAN Microelectronics Corp. Representative. Name of the new position holder: Liu,Day-Min Representing. Resume of the new position holder: Director of ELAN Microelectronics Corp. Reason for the change: change the representative of juristic-person director. Effective date of the new appointment: August 22, 2023.
Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.23 loss per share (vs NT$3.09 profit in 2Q 2022)Second quarter 2023 results: NT$0.23 loss per share (down from NT$3.09 profit in 2Q 2022). Revenue: NT$462.7m (down 42% from 2Q 2022). Net loss: NT$10.4m (down 108% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 14Upcoming dividend of NT$4.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
お知らせ • Jul 01Macroblock, Inc. Approves Dividend Distribution for the Year 2022, Payable on August 25, 2023Macroblock, Inc. announced that shareholders meeting held on June 30, 2023, approved the Type and monetary amount of dividend distribution of TWD 177,780,500. Payment date of cash dividend distribution is August 25, 2023. Ex-rights (Ex-dividend) date is July 21, 2023. Ex-rights (Ex-dividend) record date is July 29, 2023.:Cash dividends will be paid at TWD 4 per share.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$6.44 (vs NT$12.69 in FY 2021)Full year 2022 results: EPS: NT$6.44 (down from NT$12.69 in FY 2021). Revenue: NT$2.53b (down 20% from FY 2021). Net income: NT$286.3m (down 49% from FY 2021). Profit margin: 11% (down from 18% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Dec 07Now 20% undervaluedOver the last 90 days, the stock is up 1.8%. The fair value is estimated to be NT$142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 51%.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$118, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$6.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.60 (down from NT$6.02 in 3Q 2021). Revenue: NT$507.2m (down 51% from 3Q 2021). Net income: NT$26.6m (down 90% from 3Q 2021). Profit margin: 5.2% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$6.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.60 (down from NT$6.02 in 3Q 2021). Revenue: NT$507.2m (down 51% from 3Q 2021). Net income: NT$26.6m (down 90% from 3Q 2021). Profit margin: 5.2% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$86.10, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 15% over the past three years.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$122, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$3.09 (vs NT$2.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.09 (up from NT$2.84 in 2Q 2021). Revenue: NT$798.7m (down 3.3% from 2Q 2021). Net income: NT$137.4m (up 8.7% from 2Q 2021). Profit margin: 17% (up from 15% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 29Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.6%).
お知らせ • Jun 21Macroblock, Inc. Approves Dividend Distribution for the Year 2021, Payable on August 5, 2022Macroblock, Inc. announced that shareholders meeting held on June 20, 2022, approved the Type and monetary amount of dividend distribution of TWD 355,561,000. Payment date of cash dividend distribution is August 5, 2022. Ex-rights (Ex-dividend) date is July 6, 2022. Ex-rights (Ex-dividend) record date is July 12, 2022.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.92 (vs NT$0.71 in 1Q 2021)First quarter 2022 results: EPS: NT$2.92 (up from NT$0.71 in 1Q 2021). Revenue: NT$735.2m (up 28% from 1Q 2021). Net income: NT$130.0m (up 313% from 1Q 2021). Profit margin: 18% (up from 5.5% 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 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Mar 15Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% per annum over the last 3 years. Earnings per share has declined by 18% per annum over the last 3 years.
Reported Earnings • Nov 13Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.04b (up 137% from 3Q 2020). Net income: NT$267.7m (up NT$264.4m from 3Q 2020). Profit margin: 26% (up from 0.7% 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 45% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$221, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 180% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$174, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Board Change • Sep 14Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 10Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 09Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$276, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 197% over the past three years.
Board Change • Aug 29Less 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 Wei-Kuo Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 24Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 29 September 2021. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$189, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$2.84 (vs NT$0.33 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$825.6m (up 135% from 2Q 2020). Net income: NT$126.4m (up NT$113.0m from 2Q 2020). Profit margin: 15% (up from 3.8% 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 39% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$136, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$88.80, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.42 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$576.3m (up 5.2% from 1Q 2020). Net income: NT$31.5m (up 84% from 1Q 2020). Profit margin: 5.5% (up from 3.1% 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 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
分析記事 • Apr 12Know This Before Buying Macroblock, Inc. (GTSM:3527) For Its DividendDividend paying stocks like Macroblock, Inc. ( GTSM:3527 ) tend to be popular with investors, and for good reason...
分析記事 • Mar 21The Returns At Macroblock (GTSM:3527) Provide Us With Signs Of What's To ComeTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$1.61 (vs NT$5.63 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.90b (down 32% from FY 2019). Net income: NT$68.0m (down 70% from FY 2019). Profit margin: 3.6% (down from 8.2% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Mar 10Macroblock, Inc., Annual General Meeting, Jun 10, 2021Macroblock, Inc., Annual General Meeting, Jun 10, 2021. Location: Meeting Room in MBI No. 18, Puding Rd., East Dist., Hsinchu City Taiwan Agenda: To consider 2020 Business Report; to consider 2020 Audit Committees Review Report; to consider report on the remuneration to the employees, directors and supervisors for the year 2020; to consider report on the status of the issuance of securities in private placement approved in year 2020; to consider adoption of 2020 Business Reports and Financial Statements; to consider adoption of 2020 Earnings Distribution Proposal; to consider proposal for Amendments to the Company’s Articles of Incorporation; to consider proposal for Amendments to the Company’s Rules for Election of Directors; to approve issuance of new common shares for cash in public offering and/or private placement; to consider election of the ninth term of Directors; and to consider other matters.
分析記事 • Feb 15Weak Financial Prospects Seem To Be Dragging Down Macroblock, Inc. (GTSM:3527) StockIt is hard to get excited after looking at Macroblock's (GTSM:3527) recent performance, when its stock has declined...
分析記事 • Jan 28Did You Participate In Any Of Macroblock's (GTSM:3527) Fantastic 213% Return ?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
分析記事 • Jan 10Looking For Steady Income For Your Dividend Portfolio? Is Macroblock, Inc. (GTSM:3527) A Good Fit?Today we'll take a closer look at Macroblock, Inc. ( GTSM:3527 ) from a dividend investor's perspective. Owning a...
分析記事 • Dec 21Has Macroblock (GTSM:3527) Got What It Takes To Become A Multi-Bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 18% share price gain to NT$113, the stock is trading at a trailing P/E ratio of 63.5x, up from the previous P/E ratio of 53.8x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 102%.
分析記事 • Dec 04Does Macroblock's (GTSM:3527) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Is New 90 Day High Low • Nov 28New 90-day high: NT$95.00The company is up 2.0% from its price of NT$92.80 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$73.5m, down 70% from the prior year. Total revenue was NT$2.00b over the last 12 months, down 28% from the prior year.