Asia Tech Image（4974）株式概要Asia Tech Image Inc.は、台湾、中国、ミャンマーにおいて、カスタマイズされたコンタクトイメージセンサーモジュール（CIS）製品の設計、開発、製造を行っています。 詳細4974 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金5/6報酬株価収益率（ 17.4 x） TW市場（ 23.5 x）を下回っています。リスク分析過去5年間で収益は年間0.9%減少しました。 不安定な配当実績 すべてのリスクチェックを見る4974 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$77.2070.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue NT$3.3bEarnings NT$299.2mAdvancedSet Fair ValueView all narrativesAsia Tech Image Inc. 競合他社RectronSymbol: TWSE:2302Market cap: NT$5.6bGeneralplus TechnologySymbol: TWSE:4952Market cap: NT$5.4bSecuritag Assembly GroupSymbol: TPEX:6417Market cap: NT$5.9bCystech ElectronicsSymbol: TPEX:6651Market cap: NT$4.9b価格と性能株価の高値、安値、推移の概要Asia Tech Image過去の株価現在の株価NT$77.2052週高値NT$99.0052週安値NT$67.70ベータ0.511ヶ月の変化5.03%3ヶ月変化12.37%1年変化-17.43%3年間の変化9.19%5年間の変化40.62%IPOからの変化117.46%最新ニュースDeclared Dividend • Jun 01Dividend reduced to NT$3.90Dividend of NT$3.90 is 28% lower than last year. Ex-date: 16th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 2.3% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Meng-Tsung Lin was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.82 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.82 in 1Q 2025). Revenue: NT$951.3m (down 14% from 1Q 2025). Net income: NT$79.1m (down 40% from 1Q 2025). Profit margin: 8.3% (down from 12% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$5.16 (vs NT$7.29 in FY 2024)Full year 2025 results: EPS: NT$5.16 (down from NT$7.29 in FY 2024). Revenue: NT$3.71b (down 16% from FY 2024). Net income: NT$374.4m (down 29% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.New Risk • Mar 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).お知らせ • Mar 02Asia Tech Image Inc., Annual General Meeting, May 29, 2026Asia Tech Image Inc., Annual General Meeting, May 29, 2026. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city Taiwan最新情報をもっと見るRecent updatesDeclared Dividend • Jun 01Dividend reduced to NT$3.90Dividend of NT$3.90 is 28% lower than last year. Ex-date: 16th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 2.3% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Meng-Tsung Lin was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.82 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.82 in 1Q 2025). Revenue: NT$951.3m (down 14% from 1Q 2025). Net income: NT$79.1m (down 40% from 1Q 2025). Profit margin: 8.3% (down from 12% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$5.16 (vs NT$7.29 in FY 2024)Full year 2025 results: EPS: NT$5.16 (down from NT$7.29 in FY 2024). Revenue: NT$3.71b (down 16% from FY 2024). Net income: NT$374.4m (down 29% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.New Risk • Mar 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).お知らせ • Mar 02Asia Tech Image Inc., Annual General Meeting, May 29, 2026Asia Tech Image Inc., Annual General Meeting, May 29, 2026. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city TaiwanReported Earnings • Nov 05Third quarter 2025 earnings released: EPS: NT$1.41 (vs NT$1.90 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.41 (down from NT$1.90 in 3Q 2024). Revenue: NT$970.4m (down 27% from 3Q 2024). Net income: NT$102.5m (down 25% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 15Now 24% overvaluedOver the last 90 days, the stock has fallen 2.9% to NT$93.80. The fair value is estimated to be NT$75.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.0%.Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.90 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.90 in 2Q 2024). Revenue: NT$954.5m (down 13% from 2Q 2024). Net income: NT$69.1m (down 50% from 2Q 2024). Profit margin: 7.2% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Declared Dividend • May 31Dividend increased to NT$5.45Dividend of NT$5.45 is 30% higher than last year. Ex-date: 17th June 2025 Payment date: 11th July 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.82 (vs NT$1.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.82 (up from NT$1.58 in 1Q 2024). Revenue: NT$1.10b (up 29% from 1Q 2024). Net income: NT$132.0m (up 15% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Apr 23Asia Tech Image Inc. to Report Q1, 2025 Results on Apr 30, 2025Asia Tech Image Inc. announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$82.00, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$7.29 (vs NT$5.64 in FY 2023)Full year 2024 results: EPS: NT$7.29 (up from NT$5.64 in FY 2023). Revenue: NT$4.39b (up 24% from FY 2023). Net income: NT$528.4m (up 29% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Mar 05Asia Tech Image Inc., Annual General Meeting, May 28, 2025Asia Tech Image Inc., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city TaiwanBuy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 30% to NT$117. The fair value is estimated to be NT$147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat.お知らせ • Feb 19Asia Tech Image Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Asia Tech Image Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$126, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 185% over the past three years.Buy Or Sell Opportunity • Jan 09Now 25% undervaluedOver the last 90 days, the stock has risen 19% to NT$116. The fair value is estimated to be NT$154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 33%After last week's 33% share price gain to NT$140, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$1.90 (vs NT$1.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.90 (up from NT$1.51 in 3Q 2023). Revenue: NT$1.34b (up 59% from 3Q 2023). Net income: NT$137.4m (up 25% from 3Q 2023). Profit margin: 10% (down from 13% 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 2% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Oct 20Asia Tech Image Inc. to Report Q3, 2024 Results on Oct 28, 2024Asia Tech Image Inc. announced that they will report Q3, 2024 results on Oct 28, 2024New Risk • Sep 17New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).Buy Or Sell Opportunity • Sep 09Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to NT$106. The fair value is estimated to be NT$86.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$100.00, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 118% over the past three years.Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.90 (vs NT$2.12 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.90 (down from NT$2.12 in 2Q 2023). Revenue: NT$1.10b (up 8.7% from 2Q 2023). Net income: NT$138.0m (down 10% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 21Asia Tech Image Inc. to Report Q2, 2024 Results on Jul 29, 2024Asia Tech Image Inc. announced that they will report Q2, 2024 results on Jul 29, 2024Declared Dividend • Jun 01Dividend of NT$4.20 announcedShareholders will receive a dividend of NT$4.20. Ex-date: 18th June 2024 Payment date: 12th July 2024 Dividend yield will be 5.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.58 (vs NT$1.19 in 1Q 2023)First quarter 2024 results: EPS: NT$1.58 (up from NT$1.19 in 1Q 2023). Revenue: NT$855.2m (down 2.7% from 1Q 2023). Net income: NT$114.6m (up 33% from 1Q 2023). Profit margin: 13% (up from 9.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 19Asia Tech Image Inc. to Report Q1, 2024 Results on Apr 29, 2024Asia Tech Image Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on Apr 29, 2024Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$5.64 (vs NT$7.98 in FY 2022)Full year 2023 results: EPS: NT$5.64 (down from NT$7.98 in FY 2022). Revenue: NT$3.54b (down 18% from FY 2022). Net income: NT$408.9m (down 29% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.お知らせ • Mar 01Asia Tech Image Inc., Annual General Meeting, May 30, 2024Asia Tech Image Inc., Annual General Meeting, May 30, 2024. Location: 1F., No. 918, Zhongzheng Rd., Zhonghe Dist New Tapei City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Directors and Employees Compensation; to consider 2023 Distribution of Cash Dividends; to consider adoption of the 2023 Business Report and Financial Statements; to consider adoption of 2023 Earnings Distribution Proposal; to consider amendment to the Rules for Election of Directors; and to consider other matters.Reported Earnings • Nov 05Third quarter 2023 earnings released: EPS: NT$1.51 (vs NT$2.35 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.51 (down from NT$2.35 in 3Q 2022). Revenue: NT$841.4m (down 22% from 3Q 2022). Net income: NT$109.7m (down 36% from 3Q 2022). Profit margin: 13% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$2.12 (vs NT$2.34 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.12 (down from NT$2.34 in 2Q 2022). Revenue: NT$1.01b (down 3.6% from 2Q 2022). Net income: NT$153.9m (down 9.3% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 09Upcoming dividend of NT$5.80 per share at 8.2% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 13 July 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).Reported Earnings • Mar 06Full year 2022 earnings released: EPS: NT$7.98 (vs NT$5.87 in FY 2021)Full year 2022 results: EPS: NT$7.98 (up from NT$5.87 in FY 2021). Revenue: NT$4.29b (up 2.4% from FY 2021). Net income: NT$578.7m (up 36% from FY 2021). Profit margin: 14% (up from 10% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: NT$2.35 (vs NT$1.70 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.35 (up from NT$1.70 in 3Q 2021). Revenue: NT$1.08b (down 8.9% from 3Q 2021). Net income: NT$170.1m (up 38% from 3Q 2021). Profit margin: 16% (up from 10% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$2.34 (vs NT$1.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.34 (up from NT$1.70 in 2Q 2021). Revenue: NT$1.04b (down 2.1% from 2Q 2021). Net income: NT$169.7m (up 38% from 2Q 2021). Profit margin: 16% (up from 12% 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 11% per year whereas the company’s share price has increased by 8% per year.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Jun 21Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be NT$69.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 8.0%.Upcoming Dividend • Jun 14Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.1%).Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be NT$69.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 8.0%.Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.73 (vs NT$1.28 in 1Q 2021)First quarter 2022 results: EPS: NT$1.73 (up from NT$1.28 in 1Q 2021). Revenue: NT$1.01b (flat on 1Q 2021). Net income: NT$125.2m (up 35% from 1Q 2021). Profit margin: 12% (up from 9.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.Reported Earnings • Mar 07Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: NT$5.87 (up from NT$5.16 in FY 2020). Revenue: NT$4.19b (up 5.1% from FY 2020). Net income: NT$425.5m (up 14% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Mar 06+ 1 more updateAsia Tech Image Inc. Approves Dividend for the Full Year Ended December 31, 2021Asia Tech Image Inc. approved the dividend of TWD 4.3 per share for the full year ended December 31, 2021 in the board of directors resolution on March 4, 2022.お知らせ • Feb 18Asia Tech Image Inc. Announces Demise of Hsien-Tang Lai, DirectorAsia Tech Image Inc. announced the death of Hsien-Tang Lai, Director.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$1.70 (vs NT$1.39 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.18b (up 9.7% from 3Q 2020). Net income: NT$123.2m (up 23% from 3Q 2020). Profit margin: 10% (up from 9.3% 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 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.70 (vs NT$1.40 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.07b (up 5.3% from 2Q 2020). Net income: NT$123.0m (up 21% from 2Q 2020). Profit margin: 12% (up from 10.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Jul 22Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 24 August 2021. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$1.28 (vs NT$1.23 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$1.02b (up 29% from 1Q 2020). Net income: NT$92.8m (up 4.1% from 1Q 2020). Profit margin: 9.1% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year.お知らせ • Mar 20Asia Tech Image Inc., Annual General Meeting, Jun 10, 2021Asia Tech Image Inc., Annual General Meeting, Jun 10, 2021.分析記事 • Mar 16Should You Invest In Asia Tech Image (GTSM:4974)?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...お知らせ • Mar 14Asia Tech Image Inc. Announces Dividend for the Year Ended December 31, 2020Asia Tech Image Inc. announced dividend of TWD 3.5 per share for the year ended December 31, 2020.Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$5.16 (vs NT$4.94 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$3.99b (up 4.8% from FY 2019). Net income: NT$374.3m (up 4.6% from FY 2019). Profit margin: 9.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.分析記事 • Feb 23Key Things To Consider Before Buying Asia Tech Image Inc. (GTSM:4974) For Its DividendCould Asia Tech Image Inc. ( GTSM:4974 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Feb 18New 90-day high: NT$58.00The company is up 9.0% from its price of NT$53.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.分析記事 • Feb 02Here's Why Asia Tech Image's (GTSM:4974) Statutory Earnings Are Arguably Too ConservativeAs 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 • Jan 25New 90-day high: NT$55.60The company is up 9.0% from its price of NT$51.10 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.分析記事 • Jan 15Shareholders Of Asia Tech Image (GTSM:4974) Must Be Happy With Their 107% Total ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...Is New 90 Day High Low • Jan 06New 90-day high: NT$54.60The company is up 5.0% from its price of NT$52.10 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 24% over the same period.分析記事 • Dec 28Asia Tech Image Inc.'s (GTSM:4974) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?Most readers would already know that Asia Tech Image's (GTSM:4974) stock increased by 4.1% over the past three months...分析記事 • Dec 10Will The ROCE Trend At Asia Tech Image (GTSM:4974) Continue?There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...分析記事 • Nov 23Would Asia Tech Image Inc. (GTSM:4974) Be Valuable To Income Investors?Today we'll take a closer look at Asia Tech Image Inc. (GTSM:4974) from a dividend investor's perspective. Owning a...Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS NT$1.39The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.08b (up 3.3% from 3Q 2019). Net income: NT$100.6m (down 21% from 3Q 2019). Profit margin: 9.3% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.株主還元4974TW SemiconductorTW 市場7D-1.0%-1.0%0.5%1Y-17.4%153.8%106.7%株主還元を見る業界別リターン: 4974過去 1 年間で153.8 % の収益を上げたTW Semiconductor業界を下回りました。リターン対市場: 4974は、過去 1 年間で106.7 % のリターンを上げたTW市場を下回りました。価格変動Is 4974's price volatile compared to industry and market?4974 volatility4974 Average Weekly Movement3.1%Semiconductor Industry Average Movement9.7%Market Average Movement6.3%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.6%安定した株価: 4974 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 4974の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004n/aYi-Jen Laiwww.atii.com.twAsia Tech Image Inc.は台湾、中国、ミャンマーでカスタマイズされたコンタクトイメージセンサーモジュール（CIS）製品の設計、開発、製造を行っている。同社の製品はインクジェットMFP、レーザーMFP、スキャナー、コピー機、デジタルフォトフレームなどに使用されている。Asia Tech Image Inc.は2004年に設立され、台湾の新北市に本社を置いている。もっと見るAsia Tech Image Inc. 基礎のまとめAsia Tech Image の収益と売上を時価総額と比較するとどうか。4974 基礎統計学時価総額NT$5.60b収益（TTM）NT$321.50m売上高(TTM)NT$3.56b17.4xPER（株価収益率1.6xP/Sレシオ4974 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4974 損益計算書（TTM）収益NT$3.56b売上原価NT$3.04b売上総利益NT$524.85mその他の費用NT$203.35m収益NT$321.50m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.43グロス・マージン14.73%純利益率9.02%有利子負債／自己資本比率0%4974 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.1%現在の配当利回り88%配当性向4974 配当は確実ですか？4974 配当履歴とベンチマークを見る4974 、いつまでに購入すれば配当金を受け取れますか？Asia Tech Image 配当日配当落ち日Jun 16 2026配当支払日Jul 10 2026配当落ちまでの日数8 days配当支払日までの日数32 days4974 配当は確実ですか？4974 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/07 23:24終値2026/06/05 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Asia Tech Image 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。1 アナリスト機関Matthew HsiehMasterlink Securities Investment Advisory
Declared Dividend • Jun 01Dividend reduced to NT$3.90Dividend of NT$3.90 is 28% lower than last year. Ex-date: 16th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 2.3% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Meng-Tsung Lin was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.82 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.82 in 1Q 2025). Revenue: NT$951.3m (down 14% from 1Q 2025). Net income: NT$79.1m (down 40% from 1Q 2025). Profit margin: 8.3% (down from 12% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$5.16 (vs NT$7.29 in FY 2024)Full year 2025 results: EPS: NT$5.16 (down from NT$7.29 in FY 2024). Revenue: NT$3.71b (down 16% from FY 2024). Net income: NT$374.4m (down 29% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
New Risk • Mar 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).
お知らせ • Mar 02Asia Tech Image Inc., Annual General Meeting, May 29, 2026Asia Tech Image Inc., Annual General Meeting, May 29, 2026. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city Taiwan
Declared Dividend • Jun 01Dividend reduced to NT$3.90Dividend of NT$3.90 is 28% lower than last year. Ex-date: 16th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 2.3% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Meng-Tsung Lin was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.82 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.82 in 1Q 2025). Revenue: NT$951.3m (down 14% from 1Q 2025). Net income: NT$79.1m (down 40% from 1Q 2025). Profit margin: 8.3% (down from 12% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: NT$5.16 (vs NT$7.29 in FY 2024)Full year 2025 results: EPS: NT$5.16 (down from NT$7.29 in FY 2024). Revenue: NT$3.71b (down 16% from FY 2024). Net income: NT$374.4m (down 29% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
New Risk • Mar 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (138% cash payout ratio).
お知らせ • Mar 02Asia Tech Image Inc., Annual General Meeting, May 29, 2026Asia Tech Image Inc., Annual General Meeting, May 29, 2026. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city Taiwan
Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: NT$1.41 (vs NT$1.90 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.41 (down from NT$1.90 in 3Q 2024). Revenue: NT$970.4m (down 27% from 3Q 2024). Net income: NT$102.5m (down 25% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 15Now 24% overvaluedOver the last 90 days, the stock has fallen 2.9% to NT$93.80. The fair value is estimated to be NT$75.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.0%.
Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.90 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.90 in 2Q 2024). Revenue: NT$954.5m (down 13% from 2Q 2024). Net income: NT$69.1m (down 50% from 2Q 2024). Profit margin: 7.2% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Declared Dividend • May 31Dividend increased to NT$5.45Dividend of NT$5.45 is 30% higher than last year. Ex-date: 17th June 2025 Payment date: 11th July 2025 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.82 (vs NT$1.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.82 (up from NT$1.58 in 1Q 2024). Revenue: NT$1.10b (up 29% from 1Q 2024). Net income: NT$132.0m (up 15% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Apr 23Asia Tech Image Inc. to Report Q1, 2025 Results on Apr 30, 2025Asia Tech Image Inc. announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$82.00, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$7.29 (vs NT$5.64 in FY 2023)Full year 2024 results: EPS: NT$7.29 (up from NT$5.64 in FY 2023). Revenue: NT$4.39b (up 24% from FY 2023). Net income: NT$528.4m (up 29% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Mar 05Asia Tech Image Inc., Annual General Meeting, May 28, 2025Asia Tech Image Inc., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,85, chung an st., jhonghe district, new taipei city Taiwan
Buy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 30% to NT$117. The fair value is estimated to be NT$147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat.
お知らせ • Feb 19Asia Tech Image Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Asia Tech Image Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$126, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 185% over the past three years.
Buy Or Sell Opportunity • Jan 09Now 25% undervaluedOver the last 90 days, the stock has risen 19% to NT$116. The fair value is estimated to be NT$154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 33%After last week's 33% share price gain to NT$140, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$1.90 (vs NT$1.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.90 (up from NT$1.51 in 3Q 2023). Revenue: NT$1.34b (up 59% from 3Q 2023). Net income: NT$137.4m (up 25% from 3Q 2023). Profit margin: 10% (down from 13% 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 2% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Oct 20Asia Tech Image Inc. to Report Q3, 2024 Results on Oct 28, 2024Asia Tech Image Inc. announced that they will report Q3, 2024 results on Oct 28, 2024
New Risk • Sep 17New 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
Buy Or Sell Opportunity • Sep 09Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 45% to NT$106. The fair value is estimated to be NT$86.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$100.00, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 118% over the past three years.
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.90 (vs NT$2.12 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.90 (down from NT$2.12 in 2Q 2023). Revenue: NT$1.10b (up 8.7% from 2Q 2023). Net income: NT$138.0m (down 10% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 21Asia Tech Image Inc. to Report Q2, 2024 Results on Jul 29, 2024Asia Tech Image Inc. announced that they will report Q2, 2024 results on Jul 29, 2024
Declared Dividend • Jun 01Dividend of NT$4.20 announcedShareholders will receive a dividend of NT$4.20. Ex-date: 18th June 2024 Payment date: 12th July 2024 Dividend yield will be 5.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.58 (vs NT$1.19 in 1Q 2023)First quarter 2024 results: EPS: NT$1.58 (up from NT$1.19 in 1Q 2023). Revenue: NT$855.2m (down 2.7% from 1Q 2023). Net income: NT$114.6m (up 33% from 1Q 2023). Profit margin: 13% (up from 9.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 19Asia Tech Image Inc. to Report Q1, 2024 Results on Apr 29, 2024Asia Tech Image Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on Apr 29, 2024
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$5.64 (vs NT$7.98 in FY 2022)Full year 2023 results: EPS: NT$5.64 (down from NT$7.98 in FY 2022). Revenue: NT$3.54b (down 18% from FY 2022). Net income: NT$408.9m (down 29% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Mar 01Asia Tech Image Inc., Annual General Meeting, May 30, 2024Asia Tech Image Inc., Annual General Meeting, May 30, 2024. Location: 1F., No. 918, Zhongzheng Rd., Zhonghe Dist New Tapei City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Directors and Employees Compensation; to consider 2023 Distribution of Cash Dividends; to consider adoption of the 2023 Business Report and Financial Statements; to consider adoption of 2023 Earnings Distribution Proposal; to consider amendment to the Rules for Election of Directors; and to consider other matters.
Reported Earnings • Nov 05Third quarter 2023 earnings released: EPS: NT$1.51 (vs NT$2.35 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.51 (down from NT$2.35 in 3Q 2022). Revenue: NT$841.4m (down 22% from 3Q 2022). Net income: NT$109.7m (down 36% from 3Q 2022). Profit margin: 13% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$2.12 (vs NT$2.34 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.12 (down from NT$2.34 in 2Q 2022). Revenue: NT$1.01b (down 3.6% from 2Q 2022). Net income: NT$153.9m (down 9.3% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 09Upcoming dividend of NT$5.80 per share at 8.2% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 13 July 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).
Reported Earnings • Mar 06Full year 2022 earnings released: EPS: NT$7.98 (vs NT$5.87 in FY 2021)Full year 2022 results: EPS: NT$7.98 (up from NT$5.87 in FY 2021). Revenue: NT$4.29b (up 2.4% from FY 2021). Net income: NT$578.7m (up 36% from FY 2021). Profit margin: 14% (up from 10% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: NT$2.35 (vs NT$1.70 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.35 (up from NT$1.70 in 3Q 2021). Revenue: NT$1.08b (down 8.9% from 3Q 2021). Net income: NT$170.1m (up 38% from 3Q 2021). Profit margin: 16% (up from 10% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$2.34 (vs NT$1.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.34 (up from NT$1.70 in 2Q 2021). Revenue: NT$1.04b (down 2.1% from 2Q 2021). Net income: NT$169.7m (up 38% from 2Q 2021). Profit margin: 16% (up from 12% 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 11% per year whereas the company’s share price has increased by 8% per year.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Chih-Sheng Chang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Jun 21Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be NT$69.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 8.0%.
Upcoming Dividend • Jun 14Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.1%).
Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be NT$69.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 8.0%.
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.73 (vs NT$1.28 in 1Q 2021)First quarter 2022 results: EPS: NT$1.73 (up from NT$1.28 in 1Q 2021). Revenue: NT$1.01b (flat on 1Q 2021). Net income: NT$125.2m (up 35% from 1Q 2021). Profit margin: 12% (up from 9.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
Reported Earnings • Mar 07Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: NT$5.87 (up from NT$5.16 in FY 2020). Revenue: NT$4.19b (up 5.1% from FY 2020). Net income: NT$425.5m (up 14% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Mar 06+ 1 more updateAsia Tech Image Inc. Approves Dividend for the Full Year Ended December 31, 2021Asia Tech Image Inc. approved the dividend of TWD 4.3 per share for the full year ended December 31, 2021 in the board of directors resolution on March 4, 2022.
お知らせ • Feb 18Asia Tech Image Inc. Announces Demise of Hsien-Tang Lai, DirectorAsia Tech Image Inc. announced the death of Hsien-Tang Lai, Director.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$1.70 (vs NT$1.39 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.18b (up 9.7% from 3Q 2020). Net income: NT$123.2m (up 23% from 3Q 2020). Profit margin: 10% (up from 9.3% 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 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.70 (vs NT$1.40 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.07b (up 5.3% from 2Q 2020). Net income: NT$123.0m (up 21% from 2Q 2020). Profit margin: 12% (up from 10.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Jul 22Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 24 August 2021. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.2%).
Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$1.28 (vs NT$1.23 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$1.02b (up 29% from 1Q 2020). Net income: NT$92.8m (up 4.1% from 1Q 2020). Profit margin: 9.1% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Mar 20Asia Tech Image Inc., Annual General Meeting, Jun 10, 2021Asia Tech Image Inc., Annual General Meeting, Jun 10, 2021.
分析記事 • Mar 16Should You Invest In Asia Tech Image (GTSM:4974)?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
お知らせ • Mar 14Asia Tech Image Inc. Announces Dividend for the Year Ended December 31, 2020Asia Tech Image Inc. announced dividend of TWD 3.5 per share for the year ended December 31, 2020.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$5.16 (vs NT$4.94 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$3.99b (up 4.8% from FY 2019). Net income: NT$374.3m (up 4.6% from FY 2019). Profit margin: 9.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.
分析記事 • Feb 23Key Things To Consider Before Buying Asia Tech Image Inc. (GTSM:4974) For Its DividendCould Asia Tech Image Inc. ( GTSM:4974 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Feb 18New 90-day high: NT$58.00The company is up 9.0% from its price of NT$53.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.
分析記事 • Feb 02Here's Why Asia Tech Image's (GTSM:4974) Statutory Earnings Are Arguably Too ConservativeAs 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 • Jan 25New 90-day high: NT$55.60The company is up 9.0% from its price of NT$51.10 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.
分析記事 • Jan 15Shareholders Of Asia Tech Image (GTSM:4974) Must Be Happy With Their 107% Total ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
Is New 90 Day High Low • Jan 06New 90-day high: NT$54.60The company is up 5.0% from its price of NT$52.10 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 24% over the same period.
分析記事 • Dec 28Asia Tech Image Inc.'s (GTSM:4974) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?Most readers would already know that Asia Tech Image's (GTSM:4974) stock increased by 4.1% over the past three months...
分析記事 • Dec 10Will The ROCE Trend At Asia Tech Image (GTSM:4974) Continue?There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
分析記事 • Nov 23Would Asia Tech Image Inc. (GTSM:4974) Be Valuable To Income Investors?Today we'll take a closer look at Asia Tech Image Inc. (GTSM:4974) from a dividend investor's perspective. Owning a...
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS NT$1.39The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.08b (up 3.3% from 3Q 2019). Net income: NT$100.6m (down 21% from 3Q 2019). Profit margin: 9.3% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
