View Past PerformanceAmple Electronic TechnologyLtd バランスシートの健全性財務の健全性 基準チェック /36Ample Electronic TechnologyLtdの総株主資本はNT$1.3B 、総負債はNT$1.1Bで、負債比率は80.8%となります。総資産と総負債はそれぞれNT$2.9BとNT$1.5Bです。 Ample Electronic TechnologyLtdの EBIT はNT$349.1Mで、利息カバレッジ比率51.6です。現金および短期投資はNT$218.9Mです。主要情報80.85%負債資本比率NT$1.09b負債インタレスト・カバレッジ・レシオ51.6x現金NT$218.92mエクイティNT$1.35b負債合計NT$1.52b総資産NT$2.86b財務の健全性に関する最新情報分析記事 • Feb 28Ample Electronic TechnologyLtd (GTSM:4760) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Nov 19Ample Electronic TechnologyLtd (GTSM:4760) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesReported Earnings • Aug 06Second quarter 2026 earnings released: EPS: NT$2.71 (vs NT$0.47 in 2Q 2025)Second quarter 2026 results: EPS: NT$2.71 (up from NT$0.47 in 2Q 2025). Revenue: NT$710.8m (up 64% from 2Q 2025). Net income: NT$85.7m (up 473% from 2Q 2025). Profit margin: 12% (up from 3.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$246, the stock trades at a trailing P/E ratio of 32.6x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 296% over the past three years.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$249, the stock trades at a trailing P/E ratio of 33x. Average forward P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 295% over the past three years.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$313, the stock trades at a trailing P/E ratio of 41.4x. Average forward P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 383% over the past three years.New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (52% accrual ratio).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 37%After last week's 37% share price gain to NT$426, the stock trades at a trailing P/E ratio of 56.4x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 547% over the past three years.Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$308, the stock trades at a trailing P/E ratio of 40.8x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 363% over the past three years.Reported Earnings • May 07First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (up from NT$1.92 in 1Q 2025). Revenue: NT$627.5m (up 52% from 1Q 2025). Net income: NT$80.7m (up 33% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 16%. 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.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$244, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 342% over the past three years.Upcoming Dividend • Mar 25Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 01 April 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.4%).Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$7.05 (vs NT$6.00 in FY 2024)Full year 2025 results: EPS: NT$7.05 (up from NT$6.00 in FY 2024). Revenue: NT$1.91b (up 28% from FY 2024). Net income: NT$222.9m (up 18% from FY 2024). Profit margin: 12% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 03+ 1 more updateAmple Electronic Technology Co.,Ltd. announces Annual dividend, payable on July 08, 2026Ample Electronic Technology Co.,Ltd. announced Annual dividend of TWD 4.5000 per share payable on July 08, 2026, ex-date on April 01, 2026 and record date on April 06, 2026.Board Change • Feb 24Less 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$199, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 366% over the past three years.Valuation Update With 7 Day Price Move • Sep 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$156, the stock trades at a trailing P/E ratio of 29.3x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 252% over the past three years.New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (271% cash payout ratio).Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: NT$0.50 (vs NT$1.86 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.50 (down from NT$1.86 in 2Q 2024). Revenue: NT$432.7m (up 18% from 2Q 2024). Net income: NT$14.9m (down 73% from 2Q 2024). Profit margin: 3.5% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$121, the stock trades at a trailing P/E ratio of 17.4x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 155% over the past three years.Declared Dividend • May 31Dividend increased to NT$3.70Dividend of NT$3.70 is 37% higher than last year. Ex-date: 13th June 2025 Payment date: 4th July 2025 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (52% 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 34% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$2.01 (vs NT$1.24 in 1Q 2024)First quarter 2025 results: EPS: NT$2.01 (up from NT$1.24 in 1Q 2024). Revenue: NT$412.5m (up 55% from 1Q 2024). Net income: NT$60.7m (up 62% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$85.60, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.お知らせ • Mar 06Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 27, 2025Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,1, hua chung rd., daliao district, kaohsiung city TaiwanReported Earnings • Mar 06Full year 2024 earnings released: EPS: NT$6.30 (vs NT$3.90 in FY 2023)Full year 2024 results: EPS: NT$6.30 (up from NT$3.90 in FY 2023). Revenue: NT$1.49b (up 43% from FY 2023). Net income: NT$189.8m (up 63% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.New Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$99.6m) 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$3.24b market cap, or US$99.6m).Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$1.23 (vs NT$1.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.23 (up from NT$1.21 in 3Q 2023). Revenue: NT$430.9m (up 33% from 3Q 2023). Net income: NT$37.1m (up 2.6% from 3Q 2023). Profit margin: 8.6% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$147, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.39 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.86 (up from NT$1.39 in 2Q 2023). Revenue: NT$367.9m (up 24% from 2Q 2023). Net income: NT$56.1m (up 36% from 2Q 2023). Profit margin: 15% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$102, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$97.8m) 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by cash flows (156% cash payout ratio). Market cap is less than US$100m (NT$3.19b market cap, or US$97.8m).Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$118, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.Upcoming Dividend • Jun 04Upcoming dividend of NT$2.70 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.24 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$1.24 (up from NT$0.64 in 1Q 2023). Revenue: NT$265.9m (up 30% from 1Q 2023). Net income: NT$37.4m (up 98% from 1Q 2023). Profit margin: 14% (up from 9.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$129, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$114, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$91.10, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past three years.Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.90 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.90 (up from NT$3.08 in FY 2022). Revenue: NT$1.05b (up 13% from FY 2022). Net income: NT$116.7m (up 26% from FY 2022). Profit margin: 11% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.お知らせ • Mar 15Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 28, 2024Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 28, 2024.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$1.20 (vs NT$0.63 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.20 (up from NT$0.63 in 3Q 2022). Revenue: NT$323.7m (up 81% from 3Q 2022). Net income: NT$36.1m (up 93% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Sep 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (NT$2.28b market cap, or US$71.3m).Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.40, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 32% over the past three years.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.38 (vs NT$1.23 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.38 (up from NT$1.23 in 2Q 2022). Revenue: NT$297.2m (down 2.1% from 2Q 2022). Net income: NT$41.3m (up 11% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% 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.Upcoming Dividend • Jun 07Upcoming dividend of NT$2.20 per share at 2.7% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 10 July 2023. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$74.20, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 16x in the Semiconductor industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$3.08 (vs NT$6.70 in FY 2021)Full year 2022 results: EPS: NT$3.08 (down from NT$6.70 in FY 2021). Revenue: NT$928.1m (down 47% from FY 2021). Net income: NT$92.4m (down 54% from FY 2021). Profit margin: 10.0% (down from 12% 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 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$62.90, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.63 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.63 (down from NT$2.03 in 3Q 2021). Revenue: NT$178.8m (down 64% from 3Q 2021). Net income: NT$18.8m (down 69% from 3Q 2021). Profit margin: 11% (down from 12% 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 41% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.63 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.63 (down from NT$2.03 in 3Q 2021). Revenue: NT$178.8m (down 64% from 3Q 2021). Net income: NT$18.8m (down 69% from 3Q 2021). Profit margin: 11% (down from 12% 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 41% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: NT$1.23 (vs NT$1.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.23 (down from NT$1.67 in 2Q 2021). Revenue: NT$303.5m (down 36% from 2Q 2021). Net income: NT$37.0m (down 26% from 2Q 2021). Profit margin: 12% (up from 11% 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 51% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$52.40, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 124% over the past three years.Upcoming Dividend • Jun 30Upcoming dividend of NT$4.58 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 02 August 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.6%).Reported Earnings • May 04First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$1.83 in 1Q 2021)First quarter 2022 results: EPS: NT$1.09 (down from NT$1.83 in 1Q 2021). Revenue: NT$283.3m (down 33% from 1Q 2021). Net income: NT$33.1m (down 39% from 1Q 2021). Profit margin: 12% (down from 13% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$6.70 (up from NT$4.74 in FY 2020). Revenue: NT$1.73b (up 43% from FY 2020). Net income: NT$201.1m (up 48% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 11%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$2.03 (vs NT$1.08 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$495.0m (up 69% from 3Q 2020). Net income: NT$61.2m (up 99% from 3Q 2020). Profit margin: 12% (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 increased by 55% per year whereas the company’s share price has increased by 56% per year.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.67 (vs NT$1.23 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$472.8m (up 54% from 2Q 2020). Net income: NT$50.1m (up 43% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 50% per year.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$141, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 337% over the past three years.Upcoming Dividend • Jun 08Upcoming dividend of NT$3.17 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 20 July 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 218% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.88 (vs NT$0.92 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$421.4m (up 69% from 1Q 2020). Net income: NT$54.2m (up 105% from 1Q 2020). Profit margin: 13% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 17Is Ample Electronic Technology Co.,Ltd. (GTSM:4760) Potentially Undervalued?While Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ) might not be the most widely known stock at the moment, it...分析記事 • Mar 18Here's What You Should Know About Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) 2.5% Dividend YieldIs Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ) a good dividend stock? How can we tell? Dividend paying companies...お知らせ • Mar 18Ample Electronic Technology Co.,Ltd., Annual General Meeting, Jun 15, 2021Ample Electronic Technology Co.,Ltd., Annual General Meeting, Jun 15, 2021.Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 31%, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$4.74 (vs NT$0.99 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.21b (up 106% from FY 2019). Net income: NT$135.6m (up 361% from FY 2019). Profit margin: 11% (up from 5.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 10New 90-day high: NT$132The company is up 36% from its price of NT$97.40 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$3.73 per share.分析記事 • Feb 28Ample Electronic TechnologyLtd (GTSM:4760) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$130, the stock is trading at a trailing P/E ratio of 35.9x, up from the previous P/E ratio of 29.9x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 393%.分析記事 • Feb 09Is There More Growth In Store For Ample Electronic TechnologyLtd's (GTSM:4760) Returns On Capital?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...分析記事 • Jan 25Should You Rely On Ample Electronic TechnologyLtd's (GTSM:4760) Earnings Growth?Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$116, the stock is trading at a trailing P/E ratio of 32.2x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 436%.分析記事 • Jan 11What Does Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) Share Price Indicate?Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ), is not the largest company out there, but it received a lot of...Is New 90 Day High Low • Jan 08New 90-day high: NT$106The company is up 43% from its price of NT$73.90 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 26% over the same period.分析記事 • Dec 25Shareholders of Ample Electronic TechnologyLtd (GTSM:4760) Must Be Delighted With Their 340% Total ReturnWhen you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...分析記事 • Dec 07Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Ample Electronic TechnologyLtd's (GTSM:4760) stock increased significantly by...Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 17% share price gain to NT$92.70, the stock is trading at a trailing P/E ratio of 25.7x, up from the previous P/E ratio of 21.9x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 371%.Is New 90 Day High Low • Nov 24New 90-day high: NT$81.20The company is up 10.0% from its price of NT$74.00 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 16% over the same period.分析記事 • Nov 19Ample Electronic TechnologyLtd (GTSM:4760) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$1.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$293.2m (up 149% from 3Q 2019). Net income: NT$30.8m (up NT$27.2m from 3Q 2019). Profit margin: 11% (up from 3.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.財務状況分析短期負債: 4760の 短期資産 ( NT$2.1B ) が 短期負債 ( NT$1.1B ) を超えています。長期負債: 4760の短期資産 ( NT$2.1B ) が 長期負債 ( NT$455.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 4760の 純負債対資本比率 ( 64.6% ) は 高い と見なされます。負債の削減: 4760の負債対資本比率は、過去 5 年間で49.3%から80.8%に増加しました。債務返済能力: 4760の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 4760の負債に対する 利息支払い は EBIT ( 51.6 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/19 04:17終値2026/08/19 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ample Electronic Technology Co.,Ltd. 1 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Alice SuMasterlink Securities Investment Advisory
分析記事 • Feb 28Ample Electronic TechnologyLtd (GTSM:4760) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Nov 19Ample Electronic TechnologyLtd (GTSM:4760) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 06Second quarter 2026 earnings released: EPS: NT$2.71 (vs NT$0.47 in 2Q 2025)Second quarter 2026 results: EPS: NT$2.71 (up from NT$0.47 in 2Q 2025). Revenue: NT$710.8m (up 64% from 2Q 2025). Net income: NT$85.7m (up 473% from 2Q 2025). Profit margin: 12% (up from 3.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$246, the stock trades at a trailing P/E ratio of 32.6x. Average forward P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 296% over the past three years.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$249, the stock trades at a trailing P/E ratio of 33x. Average forward P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 295% over the past three years.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$313, the stock trades at a trailing P/E ratio of 41.4x. Average forward P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 383% over the past three years.
New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (52% accrual ratio).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 37%After last week's 37% share price gain to NT$426, the stock trades at a trailing P/E ratio of 56.4x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 547% over the past three years.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$308, the stock trades at a trailing P/E ratio of 40.8x. Average forward P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 363% over the past three years.
Reported Earnings • May 07First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (up from NT$1.92 in 1Q 2025). Revenue: NT$627.5m (up 52% from 1Q 2025). Net income: NT$80.7m (up 33% from 1Q 2025). Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 16%. 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.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$244, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 342% over the past three years.
Upcoming Dividend • Mar 25Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 01 April 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.4%).
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$7.05 (vs NT$6.00 in FY 2024)Full year 2025 results: EPS: NT$7.05 (up from NT$6.00 in FY 2024). Revenue: NT$1.91b (up 28% from FY 2024). Net income: NT$222.9m (up 18% from FY 2024). Profit margin: 12% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 03+ 1 more updateAmple Electronic Technology Co.,Ltd. announces Annual dividend, payable on July 08, 2026Ample Electronic Technology Co.,Ltd. announced Annual dividend of TWD 4.5000 per share payable on July 08, 2026, ex-date on April 01, 2026 and record date on April 06, 2026.
Board Change • Feb 24Less 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$199, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 366% over the past three years.
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$156, the stock trades at a trailing P/E ratio of 29.3x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 252% over the past three years.
New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (271% cash payout ratio).
Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: NT$0.50 (vs NT$1.86 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.50 (down from NT$1.86 in 2Q 2024). Revenue: NT$432.7m (up 18% from 2Q 2024). Net income: NT$14.9m (down 73% from 2Q 2024). Profit margin: 3.5% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$121, the stock trades at a trailing P/E ratio of 17.4x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 155% over the past three years.
Declared Dividend • May 31Dividend increased to NT$3.70Dividend of NT$3.70 is 37% higher than last year. Ex-date: 13th June 2025 Payment date: 4th July 2025 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (52% 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 34% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$2.01 (vs NT$1.24 in 1Q 2024)First quarter 2025 results: EPS: NT$2.01 (up from NT$1.24 in 1Q 2024). Revenue: NT$412.5m (up 55% from 1Q 2024). Net income: NT$60.7m (up 62% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$85.60, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past three years.
お知らせ • Mar 06Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 27, 2025Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,1, hua chung rd., daliao district, kaohsiung city Taiwan
Reported Earnings • Mar 06Full year 2024 earnings released: EPS: NT$6.30 (vs NT$3.90 in FY 2023)Full year 2024 results: EPS: NT$6.30 (up from NT$3.90 in FY 2023). Revenue: NT$1.49b (up 43% from FY 2023). Net income: NT$189.8m (up 63% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
New Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$99.6m) 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$3.24b market cap, or US$99.6m).
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$1.23 (vs NT$1.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.23 (up from NT$1.21 in 3Q 2023). Revenue: NT$430.9m (up 33% from 3Q 2023). Net income: NT$37.1m (up 2.6% from 3Q 2023). Profit margin: 8.6% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$147, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.39 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.86 (up from NT$1.39 in 2Q 2023). Revenue: NT$367.9m (up 24% from 2Q 2023). Net income: NT$56.1m (up 36% from 2Q 2023). Profit margin: 15% (up from 14% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$102, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.
New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$97.8m) 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by cash flows (156% cash payout ratio). Market cap is less than US$100m (NT$3.19b market cap, or US$97.8m).
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$118, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.
Upcoming Dividend • Jun 04Upcoming dividend of NT$2.70 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.24 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$1.24 (up from NT$0.64 in 1Q 2023). Revenue: NT$265.9m (up 30% from 1Q 2023). Net income: NT$37.4m (up 98% from 1Q 2023). Profit margin: 14% (up from 9.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$129, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$114, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$91.10, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past three years.
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.90 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.90 (up from NT$3.08 in FY 2022). Revenue: NT$1.05b (up 13% from FY 2022). Net income: NT$116.7m (up 26% from FY 2022). Profit margin: 11% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.
お知らせ • Mar 15Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 28, 2024Ample Electronic Technology Co.,Ltd., Annual General Meeting, May 28, 2024.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$1.20 (vs NT$0.63 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.20 (up from NT$0.63 in 3Q 2022). Revenue: NT$323.7m (up 81% from 3Q 2022). Net income: NT$36.1m (up 93% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Sep 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (NT$2.28b market cap, or US$71.3m).
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.40, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 32% over the past three years.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$1.38 (vs NT$1.23 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.38 (up from NT$1.23 in 2Q 2022). Revenue: NT$297.2m (down 2.1% from 2Q 2022). Net income: NT$41.3m (up 11% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% 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.
Upcoming Dividend • Jun 07Upcoming dividend of NT$2.20 per share at 2.7% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 10 July 2023. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$74.20, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 16x in the Semiconductor industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$3.08 (vs NT$6.70 in FY 2021)Full year 2022 results: EPS: NT$3.08 (down from NT$6.70 in FY 2021). Revenue: NT$928.1m (down 47% from FY 2021). Net income: NT$92.4m (down 54% from FY 2021). Profit margin: 10.0% (down from 12% 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 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$62.90, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.63 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.63 (down from NT$2.03 in 3Q 2021). Revenue: NT$178.8m (down 64% from 3Q 2021). Net income: NT$18.8m (down 69% from 3Q 2021). Profit margin: 11% (down from 12% 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 41% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.63 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.63 (down from NT$2.03 in 3Q 2021). Revenue: NT$178.8m (down 64% from 3Q 2021). Net income: NT$18.8m (down 69% from 3Q 2021). Profit margin: 11% (down from 12% 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 41% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: NT$1.23 (vs NT$1.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.23 (down from NT$1.67 in 2Q 2021). Revenue: NT$303.5m (down 36% from 2Q 2021). Net income: NT$37.0m (down 26% from 2Q 2021). Profit margin: 12% (up from 11% 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 51% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$52.40, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Upcoming Dividend • Jun 30Upcoming dividend of NT$4.58 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 02 August 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.6%).
Reported Earnings • May 04First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$1.83 in 1Q 2021)First quarter 2022 results: EPS: NT$1.09 (down from NT$1.83 in 1Q 2021). Revenue: NT$283.3m (down 33% from 1Q 2021). Net income: NT$33.1m (down 39% from 1Q 2021). Profit margin: 12% (down from 13% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$6.70 (up from NT$4.74 in FY 2020). Revenue: NT$1.73b (up 43% from FY 2020). Net income: NT$201.1m (up 48% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 11%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$2.03 (vs NT$1.08 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$495.0m (up 69% from 3Q 2020). Net income: NT$61.2m (up 99% from 3Q 2020). Profit margin: 12% (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 increased by 55% per year whereas the company’s share price has increased by 56% per year.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.67 (vs NT$1.23 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$472.8m (up 54% from 2Q 2020). Net income: NT$50.1m (up 43% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 50% per year.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$141, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 337% over the past three years.
Upcoming Dividend • Jun 08Upcoming dividend of NT$3.17 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 20 July 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 218% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.88 (vs NT$0.92 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$421.4m (up 69% from 1Q 2020). Net income: NT$54.2m (up 105% from 1Q 2020). Profit margin: 13% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 17Is Ample Electronic Technology Co.,Ltd. (GTSM:4760) Potentially Undervalued?While Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ) might not be the most widely known stock at the moment, it...
分析記事 • Mar 18Here's What You Should Know About Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) 2.5% Dividend YieldIs Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ) a good dividend stock? How can we tell? Dividend paying companies...
お知らせ • Mar 18Ample Electronic Technology Co.,Ltd., Annual General Meeting, Jun 15, 2021Ample Electronic Technology Co.,Ltd., Annual General Meeting, Jun 15, 2021.
Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 31%, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$4.74 (vs NT$0.99 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.21b (up 106% from FY 2019). Net income: NT$135.6m (up 361% from FY 2019). Profit margin: 11% (up from 5.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 10New 90-day high: NT$132The company is up 36% from its price of NT$97.40 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$3.73 per share.
分析記事 • Feb 28Ample Electronic TechnologyLtd (GTSM:4760) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$130, the stock is trading at a trailing P/E ratio of 35.9x, up from the previous P/E ratio of 29.9x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 393%.
分析記事 • Feb 09Is There More Growth In Store For Ample Electronic TechnologyLtd's (GTSM:4760) Returns On Capital?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
分析記事 • Jan 25Should You Rely On Ample Electronic TechnologyLtd's (GTSM:4760) Earnings Growth?Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$116, the stock is trading at a trailing P/E ratio of 32.2x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 436%.
分析記事 • Jan 11What Does Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) Share Price Indicate?Ample Electronic Technology Co.,Ltd. ( GTSM:4760 ), is not the largest company out there, but it received a lot of...
Is New 90 Day High Low • Jan 08New 90-day high: NT$106The company is up 43% from its price of NT$73.90 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 26% over the same period.
分析記事 • Dec 25Shareholders of Ample Electronic TechnologyLtd (GTSM:4760) Must Be Delighted With Their 340% Total ReturnWhen you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
分析記事 • Dec 07Ample Electronic Technology Co.,Ltd.'s (GTSM:4760) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Ample Electronic TechnologyLtd's (GTSM:4760) stock increased significantly by...
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 17% share price gain to NT$92.70, the stock is trading at a trailing P/E ratio of 25.7x, up from the previous P/E ratio of 21.9x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 371%.
Is New 90 Day High Low • Nov 24New 90-day high: NT$81.20The company is up 10.0% from its price of NT$74.00 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 16% over the same period.
分析記事 • Nov 19Ample Electronic TechnologyLtd (GTSM:4760) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$1.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$293.2m (up 149% from 3Q 2019). Net income: NT$30.8m (up NT$27.2m from 3Q 2019). Profit margin: 11% (up from 3.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.