View Future GrowthWiseChip Semiconductor 過去の業績過去 基準チェック /06WiseChip Semiconductorの収益は年間平均-61.2%の割合で減少していますが、 Semiconductor業界の収益は年間 減少しています。収益は年間4.6% 15.3%割合で 減少しています。主要情報-61.19%収益成長率-60.97%EPS成長率Semiconductor 業界の成長19.89%収益成長率-15.34%株主資本利益率-34.63%ネット・マージン-28.16%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: NT$0.79 loss per share (vs NT$0.91 loss in 1Q 2025)First quarter 2026 results: NT$0.79 loss per share (improved from NT$0.91 loss in 1Q 2025). Revenue: NT$171.9m (down 20% from 1Q 2025). Net loss: NT$34.2m (loss narrowed 13% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 14Full year 2025 earnings released: NT$4.90 loss per share (vs NT$3.13 loss in FY 2024)Full year 2025 results: NT$4.90 loss per share (further deteriorated from NT$3.13 loss in FY 2024). Revenue: NT$775.8m (down 14% from FY 2024). Net loss: NT$211.9m (loss widened 57% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$1.05 loss per share (vs NT$0.88 loss in 3Q 2024)Third quarter 2025 results: NT$1.05 loss per share (further deteriorated from NT$0.88 loss in 3Q 2024). Revenue: NT$159.9m (down 31% from 3Q 2024). Net loss: NT$45.5m (loss widened 20% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.27 loss per share (vs NT$0.61 loss in 2Q 2024)Second quarter 2025 results: NT$1.27 loss per share (further deteriorated from NT$0.61 loss in 2Q 2024). Revenue: NT$228.0m (down 2.2% from 2Q 2024). Net loss: NT$54.9m (loss widened 107% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.91 loss per share (vs NT$0.72 loss in 1Q 2024)First quarter 2025 results: NT$0.91 loss per share (further deteriorated from NT$0.72 loss in 1Q 2024). Revenue: NT$213.7m (up 1.0% from 1Q 2024). Net loss: NT$39.4m (loss widened 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 22Full year 2024 earnings released: NT$3.13 loss per share (vs NT$3.22 loss in FY 2023)Full year 2024 results: NT$3.13 loss per share (improved from NT$3.22 loss in FY 2023). Revenue: NT$899.2m (flat on FY 2023). Net loss: NT$134.9m (loss narrowed 2.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: NT$0.79 loss per share (vs NT$0.91 loss in 1Q 2025)First quarter 2026 results: NT$0.79 loss per share (improved from NT$0.91 loss in 1Q 2025). Revenue: NT$171.9m (down 20% from 1Q 2025). Net loss: NT$34.2m (loss narrowed 13% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 14Full year 2025 earnings released: NT$4.90 loss per share (vs NT$3.13 loss in FY 2024)Full year 2025 results: NT$4.90 loss per share (further deteriorated from NT$3.13 loss in FY 2024). Revenue: NT$775.8m (down 14% from FY 2024). Net loss: NT$211.9m (loss widened 57% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2026WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2026. Location: no,36, k`o yen rd., jhunan township, miaoli county TaiwanNew Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$1.20b market cap, or US$37.9m).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$1.05 loss per share (vs NT$0.88 loss in 3Q 2024)Third quarter 2025 results: NT$1.05 loss per share (further deteriorated from NT$0.88 loss in 3Q 2024). Revenue: NT$159.9m (down 31% from 3Q 2024). Net loss: NT$45.5m (loss widened 20% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.27 loss per share (vs NT$0.61 loss in 2Q 2024)Second quarter 2025 results: NT$1.27 loss per share (further deteriorated from NT$0.61 loss in 2Q 2024). Revenue: NT$228.0m (down 2.2% from 2Q 2024). Net loss: NT$54.9m (loss widened 107% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.New Risk • Jul 02New 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 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. 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 (8.9% average weekly change). Market cap is less than US$100m (NT$979.7m market cap, or US$33.7m).Reported Earnings • May 15First quarter 2025 earnings released: NT$0.91 loss per share (vs NT$0.72 loss in 1Q 2024)First quarter 2025 results: NT$0.91 loss per share (further deteriorated from NT$0.72 loss in 1Q 2024). Revenue: NT$213.7m (up 1.0% from 1Q 2024). Net loss: NT$39.4m (loss widened 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 22Full year 2024 earnings released: NT$3.13 loss per share (vs NT$3.22 loss in FY 2023)Full year 2024 results: NT$3.13 loss per share (improved from NT$3.22 loss in FY 2023). Revenue: NT$899.2m (flat on FY 2023). Net loss: NT$134.9m (loss narrowed 2.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Mar 14WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2025WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2025. Location: no,36, k`o yen rd., jhunan township, miaoli county TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.88 loss per share (vs NT$1.36 loss in 3Q 2023)Third quarter 2024 results: NT$0.88 loss per share (improved from NT$1.36 loss in 3Q 2023). Revenue: NT$232.3m (up 16% from 3Q 2023). Net loss: NT$38.0m (loss narrowed 35% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.New Risk • Sep 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 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (NT$1.74b market cap, or US$54.3m).Buy Or Sell Opportunity • Sep 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to NT$41.50. The fair value is estimated to be NT$34.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.61 loss per share (vs NT$0.47 loss in 2Q 2023)Second quarter 2024 results: NT$0.61 loss per share (further deteriorated from NT$0.47 loss in 2Q 2023). Revenue: NT$233.1m (down 2.3% from 2Q 2023). Net loss: NT$26.5m (loss widened 31% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to NT$37.00. The fair value is estimated to be NT$30.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 29Now 21% overvaluedOver the last 90 days, the stock has fallen 7.7% to NT$35.50. The fair value is estimated to be NT$29.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 19First quarter 2024 earnings released: NT$0.72 loss per share (vs NT$0.086 profit in 1Q 2023)First quarter 2024 results: NT$0.72 loss per share (down from NT$0.086 profit in 1Q 2023). Revenue: NT$211.6m (down 18% from 1Q 2023). Net loss: NT$31.1m (down NT$34.8m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.New Risk • May 19New major risk - Revenue and earnings growthEarnings have declined by 9.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.42b market cap, or US$44.1m).Buy Or Sell Opportunity • Apr 11Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$35.80. The fair value is estimated to be NT$29.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 29Full year 2023 earnings released: NT$3.22 loss per share (vs NT$4.10 profit in FY 2022)Full year 2023 results: NT$3.22 loss per share (down from NT$4.10 profit in FY 2022). Revenue: NT$895.6m (down 37% from FY 2022). Net loss: NT$138.9m (down 179% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Mar 27WiseChip Semiconductor Inc., Annual General Meeting, Jun 24, 2024WiseChip Semiconductor Inc., Annual General Meeting, Jun 24, 2024.Buy Or Sell Opportunity • Mar 22Now 22% overvaluedOver the last 90 days, the stock has fallen 9.4% to NT$36.35. The fair value is estimated to be NT$29.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 15Third quarter 2023 earnings released: NT$1.36 loss per share (vs NT$1.14 profit in 3Q 2022)Third quarter 2023 results: NT$1.36 loss per share (down from NT$1.14 profit in 3Q 2022). Revenue: NT$200.7m (down 45% from 3Q 2022). Net loss: NT$58.5m (down 219% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 225% Cash payout ratio: 257% Dividend yield: 6.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 225% Cash payout ratio: 257% Minor Risks Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$1.71b market cap, or US$53.4m).Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.47 loss per share (vs NT$1.55 profit in 2Q 2022)Second quarter 2023 results: NT$0.47 loss per share (down from NT$1.55 profit in 2Q 2022). Revenue: NT$238.8m (down 40% from 2Q 2022). Net loss: NT$20.2m (down 130% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 18Upcoming dividend of NT$2.50 per share at 5.5% yieldEligible shareholders must have bought the stock before 25 July 2023. Payment date: 15 August 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$4.09 (vs NT$4.47 in FY 2021)Full year 2022 results: EPS: NT$4.09 (down from NT$4.47 in FY 2021). Revenue: NT$1.42b (down 2.3% from FY 2021). Net income: NT$176.6m (down 11% from FY 2021). Profit margin: 12% (down from 14% in FY 2021). 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 30% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be NT$67.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.Buying Opportunity • Feb 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be NT$67.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.Buying Opportunity • Feb 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be NT$68.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$56.80, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 155% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.14 (vs NT$1.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.14 (down from NT$1.25 in 3Q 2021). Revenue: NT$364.4m (flat on 3Q 2021). Net income: NT$49.4m (down 11% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Shu Zhong Liao was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.14 (vs NT$1.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.14 (down from NT$1.25 in 3Q 2021). Revenue: NT$364.4m (flat on 3Q 2021). Net income: NT$49.4m (down 11% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$50.10, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 63% over the past three years.Buying Opportunity • Oct 13Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 9.1%. The fair value is estimated to be NT$66.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 69%.Buying Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.3%. The fair value is estimated to be NT$73.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 69%.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.55 (vs NT$1.00 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.55 (up from NT$1.00 in 2Q 2021). Revenue: NT$395.3m (up 12% from 2Q 2021). Net income: NT$66.9m (up 49% from 2Q 2021). Profit margin: 17% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$66.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 92% over the past three years.Upcoming Dividend • Jul 06Upcoming dividend of NT$4.48 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 09 August 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$71.10, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 84% over the past three years.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.81 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (up from NT$0.81 in 1Q 2021). Revenue: NT$350.2m (flat on 1Q 2021). Net income: NT$45.0m (up 23% from 1Q 2021). Profit margin: 13% (up from 10% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Shu Zhong Liao was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$4.47 (vs NT$1.99 in FY 2020)Full year 2021 results: EPS: NT$4.47 (up from NT$1.99 in FY 2020). Revenue: NT$1.45b (up 7.9% from FY 2020). Net income: NT$197.9m (up 121% from FY 2020). Profit margin: 14% (up from 6.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be NT$86.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% per annum over the last 3 years. Earnings per share has grown by 7.2% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$86.90, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 103% over the past three years.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$85.30, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 103% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$60.60, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.25 (vs NT$0.38 in 3Q 2020)The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$362.7m (flat on 3Q 2020). Net income: NT$55.4m (up 225% from 3Q 2020). Profit margin: 15% (up from 4.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$45.40, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.3% over the past three years.Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$45.40, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.3% over the past three years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.63 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$354.1m (down 5.5% from 2Q 2020). Net income: NT$45.0m (up 58% from 2Q 2020). Profit margin: 13% (up from 7.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 25 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (2.2%).Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$353.4m (up 33% from 1Q 2020). Net income: NT$36.6m (up 290% from 1Q 2020). Profit margin: 10% (up from 3.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$48.35, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total loss to shareholders of 23% over the past three years.分析記事 • Apr 18There Are Reasons To Feel Uneasy About WiseChip Semiconductor's (GTSM:5245) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$49.05, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total loss to shareholders of 33% over the past three years.Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.99 (vs NT$0.35 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$1.35b (flat on FY 2019). Net income: NT$89.5m (up 466% from FY 2019). Profit margin: 6.6% (up from 1.2% in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.分析記事 • Mar 29These 4 Measures Indicate That WiseChip Semiconductor (GTSM:5245) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 08If You Had Bought WiseChip Semiconductor's (GTSM:5245) Shares Five Years Ago You Would Be Down 79%WiseChip Semiconductor Inc. ( GTSM:5245 ) shareholders should be happy to see the share price up 10% in the last month...分析記事 • Feb 16WiseChip Semiconductor Inc.'s (GTSM:5245) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?WiseChip Semiconductor's (GTSM:5245) stock is up by 9.9% over the past three months. However, in this article, we...分析記事 • Feb 01Is WiseChip Semiconductor Inc. (GTSM:5245) A Smart Pick For Income Investors?Dividend paying stocks like WiseChip Semiconductor Inc. ( GTSM:5245 ) tend to be popular with investors, and for good...分析記事 • Dec 31Returns On Capital At WiseChip Semiconductor (GTSM:5245) Paint An Interesting PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Is New 90 Day High Low • Dec 28New 90-day high: NT$41.90The company is up 32% from its price of NT$31.65 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 22% over the same period.分析記事 • Dec 13Does WiseChip Semiconductor (GTSM:5245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 15% share price gain to NT$40.50, the stock is trading at a trailing P/E ratio of 31.6x, up from the previous P/E ratio of 27.4x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 59%.Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 23% share price gain to NT$38.60, the stock is trading at a trailing P/E ratio of 30x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 62%.分析記事 • Nov 24WiseChip Semiconductor's (GTSM:5245) Stock Price Has Reduced 69% In The Past Three YearsThis week we saw the WiseChip Semiconductor Inc. (GTSM:5245) share price climb by 15%. But that doesn't change the...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.38The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$359.6m (up 2.1% from 3Q 2019). Net income: NT$17.1m (down 23% from 3Q 2019). Profit margin: 4.7% (down from 6.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: NT$30.45The company is down 22% from its price of NT$38.90 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$32.90The company is down 25% from its price of NT$44.10 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period.収支内訳WiseChip Semiconductor の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:5245 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 26734-2071297031 Dec 25776-2121337830 Sep 25824-1791369230 Jun 25896-1721429831 Mar 25901-14313810631 Dec 24899-13513610830 Sep 24876-15913010930 Jun 24845-18012611931 Mar 24850-17412513031 Dec 23896-13912713230 Sep 231,007-6013112830 Jun 231,1714813211831 Mar 231,32713513911431 Dec 221,42117714412030 Sep 221,49422215012530 Jun 221,49222815313231 Mar 221,45120614513531 Dec 211,45419813713430 Sep 211,41817212813730 Jun 211,41513311813731 Mar 211,44211711413031 Dec 201,3489011212330 Sep 201,3075811111530 Jun 201,3006311611231 Mar 201,2673411910631 Dec 191,3561612410330 Sep 191,4573814010530 Jun 191,5084115011131 Mar 191,6097515712131 Dec 181,69013916612730 Sep 181,82718816712730 Jun 181,97723917011731 Mar 181,99726517411431 Dec 172,00427817611130 Sep 171,88625917710730 Jun 171,74323516910631 Mar 171,67224716010131 Dec 161,6722561559830 Sep 161,6672461589730 Jun 161,6372481599531 Mar 161,4982011508531 Dec 151,2851451387930 Sep 151,1091271226830 Jun 159729811257質の高い収益: 5245は現在利益が出ていません。利益率の向上: 5245は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 5245は利益が出ておらず、過去 5 年間で損失は年間61.2%の割合で増加しています。成長の加速: 5245の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 5245は利益が出ていないため、過去 1 年間の収益成長をSemiconductor業界 ( 2.4% ) と比較することは困難です。株主資本利益率高いROE: 5245は現在利益が出ていないため、自己資本利益率 ( -34.63% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 06:52終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋WiseChip Semiconductor 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Xi Hao BauCapital Securities Corporation
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.79 loss per share (vs NT$0.91 loss in 1Q 2025)First quarter 2026 results: NT$0.79 loss per share (improved from NT$0.91 loss in 1Q 2025). Revenue: NT$171.9m (down 20% from 1Q 2025). Net loss: NT$34.2m (loss narrowed 13% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: NT$4.90 loss per share (vs NT$3.13 loss in FY 2024)Full year 2025 results: NT$4.90 loss per share (further deteriorated from NT$3.13 loss in FY 2024). Revenue: NT$775.8m (down 14% from FY 2024). Net loss: NT$211.9m (loss widened 57% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$1.05 loss per share (vs NT$0.88 loss in 3Q 2024)Third quarter 2025 results: NT$1.05 loss per share (further deteriorated from NT$0.88 loss in 3Q 2024). Revenue: NT$159.9m (down 31% from 3Q 2024). Net loss: NT$45.5m (loss widened 20% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.27 loss per share (vs NT$0.61 loss in 2Q 2024)Second quarter 2025 results: NT$1.27 loss per share (further deteriorated from NT$0.61 loss in 2Q 2024). Revenue: NT$228.0m (down 2.2% from 2Q 2024). Net loss: NT$54.9m (loss widened 107% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.91 loss per share (vs NT$0.72 loss in 1Q 2024)First quarter 2025 results: NT$0.91 loss per share (further deteriorated from NT$0.72 loss in 1Q 2024). Revenue: NT$213.7m (up 1.0% from 1Q 2024). Net loss: NT$39.4m (loss widened 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 22Full year 2024 earnings released: NT$3.13 loss per share (vs NT$3.22 loss in FY 2023)Full year 2024 results: NT$3.13 loss per share (improved from NT$3.22 loss in FY 2023). Revenue: NT$899.2m (flat on FY 2023). Net loss: NT$134.9m (loss narrowed 2.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.79 loss per share (vs NT$0.91 loss in 1Q 2025)First quarter 2026 results: NT$0.79 loss per share (improved from NT$0.91 loss in 1Q 2025). Revenue: NT$171.9m (down 20% from 1Q 2025). Net loss: NT$34.2m (loss narrowed 13% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: NT$4.90 loss per share (vs NT$3.13 loss in FY 2024)Full year 2025 results: NT$4.90 loss per share (further deteriorated from NT$3.13 loss in FY 2024). Revenue: NT$775.8m (down 14% from FY 2024). Net loss: NT$211.9m (loss widened 57% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2026WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2026. Location: no,36, k`o yen rd., jhunan township, miaoli county Taiwan
New Risk • Jan 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$1.20b market cap, or US$37.9m).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$1.05 loss per share (vs NT$0.88 loss in 3Q 2024)Third quarter 2025 results: NT$1.05 loss per share (further deteriorated from NT$0.88 loss in 3Q 2024). Revenue: NT$159.9m (down 31% from 3Q 2024). Net loss: NT$45.5m (loss widened 20% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.27 loss per share (vs NT$0.61 loss in 2Q 2024)Second quarter 2025 results: NT$1.27 loss per share (further deteriorated from NT$0.61 loss in 2Q 2024). Revenue: NT$228.0m (down 2.2% from 2Q 2024). Net loss: NT$54.9m (loss widened 107% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
New Risk • Jul 02New 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 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. 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 (8.9% average weekly change). Market cap is less than US$100m (NT$979.7m market cap, or US$33.7m).
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.91 loss per share (vs NT$0.72 loss in 1Q 2024)First quarter 2025 results: NT$0.91 loss per share (further deteriorated from NT$0.72 loss in 1Q 2024). Revenue: NT$213.7m (up 1.0% from 1Q 2024). Net loss: NT$39.4m (loss widened 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 22Full year 2024 earnings released: NT$3.13 loss per share (vs NT$3.22 loss in FY 2023)Full year 2024 results: NT$3.13 loss per share (improved from NT$3.22 loss in FY 2023). Revenue: NT$899.2m (flat on FY 2023). Net loss: NT$134.9m (loss narrowed 2.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 14WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2025WiseChip Semiconductor Inc., Annual General Meeting, Jun 25, 2025. Location: no,36, k`o yen rd., jhunan township, miaoli county Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.88 loss per share (vs NT$1.36 loss in 3Q 2023)Third quarter 2024 results: NT$0.88 loss per share (improved from NT$1.36 loss in 3Q 2023). Revenue: NT$232.3m (up 16% from 3Q 2023). Net loss: NT$38.0m (loss narrowed 35% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
New Risk • Sep 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 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (NT$1.74b market cap, or US$54.3m).
Buy Or Sell Opportunity • Sep 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to NT$41.50. The fair value is estimated to be NT$34.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.61 loss per share (vs NT$0.47 loss in 2Q 2023)Second quarter 2024 results: NT$0.61 loss per share (further deteriorated from NT$0.47 loss in 2Q 2023). Revenue: NT$233.1m (down 2.3% from 2Q 2023). Net loss: NT$26.5m (loss widened 31% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to NT$37.00. The fair value is estimated to be NT$30.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 29Now 21% overvaluedOver the last 90 days, the stock has fallen 7.7% to NT$35.50. The fair value is estimated to be NT$29.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.72 loss per share (vs NT$0.086 profit in 1Q 2023)First quarter 2024 results: NT$0.72 loss per share (down from NT$0.086 profit in 1Q 2023). Revenue: NT$211.6m (down 18% from 1Q 2023). Net loss: NT$31.1m (down NT$34.8m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
New Risk • May 19New major risk - Revenue and earnings growthEarnings have declined by 9.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.42b market cap, or US$44.1m).
Buy Or Sell Opportunity • Apr 11Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$35.80. The fair value is estimated to be NT$29.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 29Full year 2023 earnings released: NT$3.22 loss per share (vs NT$4.10 profit in FY 2022)Full year 2023 results: NT$3.22 loss per share (down from NT$4.10 profit in FY 2022). Revenue: NT$895.6m (down 37% from FY 2022). Net loss: NT$138.9m (down 179% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 27WiseChip Semiconductor Inc., Annual General Meeting, Jun 24, 2024WiseChip Semiconductor Inc., Annual General Meeting, Jun 24, 2024.
Buy Or Sell Opportunity • Mar 22Now 22% overvaluedOver the last 90 days, the stock has fallen 9.4% to NT$36.35. The fair value is estimated to be NT$29.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 15Third quarter 2023 earnings released: NT$1.36 loss per share (vs NT$1.14 profit in 3Q 2022)Third quarter 2023 results: NT$1.36 loss per share (down from NT$1.14 profit in 3Q 2022). Revenue: NT$200.7m (down 45% from 3Q 2022). Net loss: NT$58.5m (down 219% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 225% Cash payout ratio: 257% Dividend yield: 6.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 225% Cash payout ratio: 257% Minor Risks Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$1.71b market cap, or US$53.4m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.47 loss per share (vs NT$1.55 profit in 2Q 2022)Second quarter 2023 results: NT$0.47 loss per share (down from NT$1.55 profit in 2Q 2022). Revenue: NT$238.8m (down 40% from 2Q 2022). Net loss: NT$20.2m (down 130% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 18Upcoming dividend of NT$2.50 per share at 5.5% yieldEligible shareholders must have bought the stock before 25 July 2023. Payment date: 15 August 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$4.09 (vs NT$4.47 in FY 2021)Full year 2022 results: EPS: NT$4.09 (down from NT$4.47 in FY 2021). Revenue: NT$1.42b (down 2.3% from FY 2021). Net income: NT$176.6m (down 11% from FY 2021). Profit margin: 12% (down from 14% in FY 2021). 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 30% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be NT$67.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.
Buying Opportunity • Feb 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be NT$67.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.
Buying Opportunity • Feb 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be NT$68.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 65%.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$56.80, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 155% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.14 (vs NT$1.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.14 (down from NT$1.25 in 3Q 2021). Revenue: NT$364.4m (flat on 3Q 2021). Net income: NT$49.4m (down 11% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Shu Zhong Liao was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.14 (vs NT$1.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.14 (down from NT$1.25 in 3Q 2021). Revenue: NT$364.4m (flat on 3Q 2021). Net income: NT$49.4m (down 11% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$50.10, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 63% over the past three years.
Buying Opportunity • Oct 13Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 9.1%. The fair value is estimated to be NT$66.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 69%.
Buying Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.3%. The fair value is estimated to be NT$73.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 69%.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.55 (vs NT$1.00 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.55 (up from NT$1.00 in 2Q 2021). Revenue: NT$395.3m (up 12% from 2Q 2021). Net income: NT$66.9m (up 49% from 2Q 2021). Profit margin: 17% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$66.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 92% over the past three years.
Upcoming Dividend • Jul 06Upcoming dividend of NT$4.48 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 09 August 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$71.10, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 84% over the past three years.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.81 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (up from NT$0.81 in 1Q 2021). Revenue: NT$350.2m (flat on 1Q 2021). Net income: NT$45.0m (up 23% from 1Q 2021). Profit margin: 13% (up from 10% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Shu Zhong Liao was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$4.47 (vs NT$1.99 in FY 2020)Full year 2021 results: EPS: NT$4.47 (up from NT$1.99 in FY 2020). Revenue: NT$1.45b (up 7.9% from FY 2020). Net income: NT$197.9m (up 121% from FY 2020). Profit margin: 14% (up from 6.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be NT$86.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% per annum over the last 3 years. Earnings per share has grown by 7.2% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$86.90, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$85.30, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$60.60, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.25 (vs NT$0.38 in 3Q 2020)The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$362.7m (flat on 3Q 2020). Net income: NT$55.4m (up 225% from 3Q 2020). Profit margin: 15% (up from 4.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$45.40, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.3% over the past three years.
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$45.40, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.3% over the past three years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.63 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$354.1m (down 5.5% from 2Q 2020). Net income: NT$45.0m (up 58% from 2Q 2020). Profit margin: 13% (up from 7.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 25 August 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (2.2%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$353.4m (up 33% from 1Q 2020). Net income: NT$36.6m (up 290% from 1Q 2020). Profit margin: 10% (up from 3.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$48.35, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total loss to shareholders of 23% over the past three years.
分析記事 • Apr 18There Are Reasons To Feel Uneasy About WiseChip Semiconductor's (GTSM:5245) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$49.05, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.99 (vs NT$0.35 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$1.35b (flat on FY 2019). Net income: NT$89.5m (up 466% from FY 2019). Profit margin: 6.6% (up from 1.2% in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 29These 4 Measures Indicate That WiseChip Semiconductor (GTSM:5245) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 08If You Had Bought WiseChip Semiconductor's (GTSM:5245) Shares Five Years Ago You Would Be Down 79%WiseChip Semiconductor Inc. ( GTSM:5245 ) shareholders should be happy to see the share price up 10% in the last month...
分析記事 • Feb 16WiseChip Semiconductor Inc.'s (GTSM:5245) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?WiseChip Semiconductor's (GTSM:5245) stock is up by 9.9% over the past three months. However, in this article, we...
分析記事 • Feb 01Is WiseChip Semiconductor Inc. (GTSM:5245) A Smart Pick For Income Investors?Dividend paying stocks like WiseChip Semiconductor Inc. ( GTSM:5245 ) tend to be popular with investors, and for good...
分析記事 • Dec 31Returns On Capital At WiseChip Semiconductor (GTSM:5245) Paint An Interesting PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Is New 90 Day High Low • Dec 28New 90-day high: NT$41.90The company is up 32% from its price of NT$31.65 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 22% over the same period.
分析記事 • Dec 13Does WiseChip Semiconductor (GTSM:5245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 15% share price gain to NT$40.50, the stock is trading at a trailing P/E ratio of 31.6x, up from the previous P/E ratio of 27.4x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 59%.
Valuation Update With 7 Day Price Move • Nov 27Market bids up stock over the past weekAfter last week's 23% share price gain to NT$38.60, the stock is trading at a trailing P/E ratio of 30x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 62%.
分析記事 • Nov 24WiseChip Semiconductor's (GTSM:5245) Stock Price Has Reduced 69% In The Past Three YearsThis week we saw the WiseChip Semiconductor Inc. (GTSM:5245) share price climb by 15%. But that doesn't change the...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.38The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$359.6m (up 2.1% from 3Q 2019). Net income: NT$17.1m (down 23% from 3Q 2019). Profit margin: 4.7% (down from 6.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: NT$30.45The company is down 22% from its price of NT$38.90 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$32.90The company is down 25% from its price of NT$44.10 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period.