View Financial HealthSecuritag Assembly Group 配当と自社株買い配当金 基準チェック /46Securitag Assembly Group配当を支払う会社であり、現在の利回りは1.94%で、収益によって十分にカバーされています。主要情報1.9%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長8.7%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向46%最近の配当と自社株買いの更新Declared Dividend • Jul 23Dividend increased to NT$2.20Dividend of NT$2.20 is 10% higher than last year. Ex-date: 7th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.1%).Declared Dividend • Jul 05Dividend reduced to NT$2.00Dividend of NT$2.00 is 9.1% lower than last year. Ex-date: 9th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 27Upcoming dividend of NT$2.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).Upcoming Dividend • Jul 18Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.7%).Upcoming Dividend • Jul 29Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.2%).すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$145, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 42x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.8% over the past three years.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.27 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$427.8m (up 16% from 1Q 2025). Net income: NT$70.8m (up 32% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$139, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total loss to shareholders of 1.8% over the past three years.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$121, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$4.83 (vs NT$4.35 in FY 2024)Full year 2025 results: EPS: NT$4.83 (up from NT$4.35 in FY 2024). Revenue: NT$1.61b (up 7.8% from FY 2024). Net income: NT$204.1m (up 11% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 3% per year.お知らせ • Feb 26Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2026Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2026. Location: 2 floor no,99, jen hua kung 2nd rd., dali district, taichung city Taiwanお知らせ • Jan 20Sag Unveils LiquidMate O: A Breakthrough UHF RFID Tagging Solution for Item-Level Traceability of Liquid-Filled Injectable MedicationsSAG announced LiquidMate O, its debut UHF RFID label and a category-defining advancement in pharmaceutical RFID and item-level traceability. Built on an innovative, patent-pending antenna architecture, LiquidMate O delivers reliable direct-on-vial RFID tagging for liquid-filled injectable medications, an application long considered one of the most technically challenging in RFID deployment. Ineffective tracking of injectable drugs continues to drive substantial losses through expired inventory, misplaced medications, and regulatory exposure--particularly for high-value or critical products. As enforcement of the U.S. Drug Supply Chain Security Act (DSCSA) accelerates, dependable, high-accuracy RFID-based medication tracking has become essential to both pharmaceutical manufacturing and hospital operations. LiquidMate O is purpose-built to enable scalable, item-level tracking across a broad range of injectable liquid categories that have historically constrained direct-on-vialRFID adoption. Its performance has been independently validated through AXIA Lab-defined test scenarios, using representative liquid formulations and workflow conditions aligned with real clinical practice. Key capabilities include: One label across multiple formulations Consistent RFID performance across injectable liquids with varying dielectric properties, eliminating formulation-specific labels and significantly reducing SKU complexity. True direct-on-vial design Validated on industry-standard 10 mL glass vials with a compact 62 x 20 mm label engineered for curved, space-constrained pharmaceutical packaging. Proven high-density readability. Independently validated by AXIA Lab, achieving 100% read performance in dense, multi-vial configurations with full 360-degree omnidirectional readability. While demand for item-level traceability continues to rise, existing RFID approaches have struggled to balance RF performance, scalability, and operational integration. Conventional direct-on-vial solutions often suffer from inconsistent performance on liquid-filled injectables due to dielectric effects, while flag-style labels, although RF-robust, pose handling, automation, and scalability challenges that limit broader adoption. LiquidMate O eliminates this trade-off by delivering a true direct-on-vial solution with consistent performance across diverse injectable formulations. This enables streamlined labeling operations and improved workflow efficiency from manufacturing through point-of-care. By reducing manual scanning steps and minimizing SKU proliferation, LiquidMate O supports real-time inventory visibility, accurate dispensing, and enhanced patient safety without disrupting existing packaging lines. Following extensive engineering development and independent validation, LiquidMate O is now qualified for commercial deployment. Built on SAG's deep expertise in RFID antenna design, materials science, and healthcare workflow integration, the solution is engineered to meet the stringent performance, regulatory, and scalability requirements of pharmaceutical environments. SAG is initiating structured technical engagements to support evaluation and deployment planning for next-generation item-level traceability initiatives.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: NT$1.34 (vs NT$1.05 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.34 (up from NT$1.05 in 3Q 2024). Revenue: NT$405.1m (up 6.3% from 3Q 2024). Net income: NT$56.6m (up 27% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.64 (vs NT$1.19 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.64 (down from NT$1.19 in 2Q 2024). Revenue: NT$408.4m (up 7.0% from 2Q 2024). Net income: NT$27.2m (down 46% from 2Q 2024). Profit margin: 6.7% (down from 13% in 2Q 2024). 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 10% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 23Dividend increased to NT$2.20Dividend of NT$2.20 is 10% higher than last year. Ex-date: 7th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$1.27 (vs NT$0.72 in 1Q 2024)First quarter 2025 results: EPS: NT$1.27 (up from NT$0.72 in 1Q 2024). Revenue: NT$369.2m (up 13% from 1Q 2024). Net income: NT$53.6m (up 75% from 1Q 2024). Profit margin: 14% (up from 9.3% in 1Q 2024). 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 7% per year.New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$95.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.14b market cap, or US$95.4m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$82.50, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 14% over the past three years.Reported Earnings • Mar 08Full year 2024 earnings releasedFull year 2024 results: Revenue: NT$1.49b (up 4.6% from FY 2023). Net income: NT$183.9m (up 8.3% from FY 2023). Profit margin: 12% (in line with FY 2023).お知らせ • Feb 27Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2025Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2025. Location: 2 floor no,99, jen hua kung 2nd rd., dali district, taichung city TaiwanReported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$1.05 (vs NT$1.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.05 (down from NT$1.28 in 3Q 2023). Revenue: NT$381.0m (up 1.1% from 3Q 2023). Net income: NT$44.4m (down 18% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.19 (vs NT$1.31 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.19 (down from NT$1.31 in 2Q 2023). Revenue: NT$381.6m (down 7.7% from 2Q 2023). Net income: NT$50.5m (down 9.0% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). 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 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.1%).Declared Dividend • Jul 05Dividend reduced to NT$2.00Dividend of NT$2.00 is 9.1% lower than last year. Ex-date: 9th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% 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$0.72 (vs NT$0.95 in 1Q 2023)First quarter 2024 results: EPS: NT$0.72 (down from NT$0.95 in 1Q 2023). Revenue: NT$328.2m (flat on 1Q 2023). Net income: NT$30.6m (down 24% from 1Q 2023). Profit margin: 9.3% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Securitag Assembly Group Co., Ltd., Annual General Meeting, May 27, 2024Securitag Assembly Group Co., Ltd., Annual General Meeting, May 27, 2024.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: NT$1.28 (vs NT$1.65 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.28 (down from NT$1.65 in 3Q 2022). Revenue: NT$377.0m (up 1.4% from 3Q 2022). Net income: NT$54.3m (down 22% from 3Q 2022). Profit margin: 14% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$1.31 (vs NT$0.95 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.31 (up from NT$0.95 in 2Q 2022). Revenue: NT$413.6m (up 33% from 2Q 2022). Net income: NT$55.5m (up 38% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$124, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 127% over the past three years.Upcoming Dividend • Jul 27Upcoming dividend of NT$2.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$137, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 174% over the past three years.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$123, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 145% over the past three years.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$182, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 243% over the past three years.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$152, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 199% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$149, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 206% over the past three years.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$4.50 (vs NT$3.02 in FY 2021)Full year 2022 results: EPS: NT$4.50 (up from NT$3.02 in FY 2021). Revenue: NT$1.32b (up 21% from FY 2021). Net income: NT$190.4m (up 69% from FY 2021). Profit margin: 14% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$102, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.65 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.65 (up from NT$0.83 in 3Q 2021). Revenue: NT$371.9m (up 30% from 3Q 2021). Net income: NT$69.7m (up 136% from 3Q 2021). Profit margin: 19% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: NT$0.95 (vs NT$0.73 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.95 (up from NT$0.73 in 2Q 2021). Revenue: NT$310.9m (up 20% from 2Q 2021). Net income: NT$40.3m (up 54% from 2Q 2021). Profit margin: 13% (up from 10% 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 15% per year whereas the company’s share price has increased by 11% per year.Upcoming Dividend • Jul 18Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.7%).Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.54. Revenue: NT$263.1m (up 9.3% from 1Q 2021). Net income: NT$23.0m (up 6.7% from 1Q 2021). Profit margin: 8.7% (down from 9.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 22%.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$3.02 (up from NT$2.69 in FY 2020). Revenue: NT$1.09b (up 9.5% from FY 2020). Net income: NT$112.7m (up 18% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.61 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$285.3m (up 17% from 3Q 2020). Net income: NT$29.6m (up 35% from 3Q 2020). Profit margin: 10% (up from 9.0% 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 25% per year whereas the company’s share price has increased by 21% per year.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.73 (vs NT$0.73 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$258.3m (up 4.7% from 2Q 2020). Net income: NT$26.1m (up 1.1% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 28% per year.Upcoming Dividend • Jul 29Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.2%).Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.76 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$240.8m (down 7.4% from 1Q 2020). Net income: NT$21.6m (down 20% from 1Q 2020). Profit margin: 9.0% (down from 10% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 30% per year.分析記事 • Apr 23Key Things To Consider Before Buying Securitag Assembly Group Co., Ltd. (GTSM:6417) For Its DividendIs Securitag Assembly Group Co., Ltd. ( GTSM:6417 ) a good dividend stock? How can we tell? Dividend paying companies...分析記事 • Apr 05Securitag Assembly Group (GTSM:6417) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.69 (vs NT$2.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$993.1m (down 1.8% from FY 2019). Net income: NT$95.9m (up 23% from FY 2019). Profit margin: 9.7% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.分析記事 • Mar 17Announcing: Securitag Assembly Group (GTSM:6417) Stock Increased An Energizing 118% In The Last Three YearsThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...お知らせ • Mar 12Securitag Assembly Group Co., Ltd., Annual General Meeting, May 28, 2021Securitag Assembly Group Co., Ltd., Annual General Meeting, May 28, 2021.Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.69 (vs NT$2.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$993.1m (down 1.8% from FY 2019). Net income: NT$95.9m (up 23% from FY 2019). Profit margin: 9.7% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.分析記事 • Feb 18Is Securitag Assembly Group Co., Ltd.'s (GTSM:6417) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Most readers would already be aware that Securitag Assembly Group's (GTSM:6417) stock increased significantly by 13...Is New 90 Day High Low • Feb 18New 90-day high: NT$75.50The company is up 13% from its price of NT$66.80 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 03Here's What To Make Of Securitag Assembly Group's (GTSM:6417) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...分析記事 • Jan 19Securitag Assembly Group Co., Ltd.'s (GTSM:6417) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Today we'll take a closer look at Securitag Assembly Group Co., Ltd. ( GTSM:6417 ) from a dividend investor's...Is New 90 Day High Low • Jan 19New 90-day high: NT$74.50The company is up 22% from its price of NT$61.10 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.分析記事 • Dec 31Is Securitag Assembly Group (GTSM:6417) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 30New 90-day high: NT$70.20The company is up 15% from its price of NT$60.80 on 30 September 2020. The Taiwanese market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 22% over the same period.分析記事 • Dec 16Did Securitag Assembly Group's (GTSM:6417) Share Price Deserve to Gain 84%?By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...Is New 90 Day High Low • Dec 12New 90-day high: NT$67.20The company is up 8.0% from its price of NT$62.00 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period.分析記事 • Dec 01Calculating The Intrinsic Value Of Securitag Assembly Group Co., Ltd. (GTSM:6417)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Securitag Assembly...Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.61The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$243.6m (down 9.1% from 3Q 2019). Net income: NT$21.9m (down 2.4% from 3Q 2019). Profit margin: 9.0% (up from 8.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 02New 90-day high: NT$62.90The company is up 6.0% from its price of NT$59.40 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 2.0% over the same period.決済の安定と成長配当データの取得安定した配当: 6417の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 6417の配当金は過去10年間にわたって増加しています。配当利回り対市場Securitag Assembly Group 配当利回り対市場6417 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6417)1.9%市場下位25% (TW)1.5%市場トップ25% (TW)5.0%業界平均 (Semiconductor)1.0%アナリスト予想 (6417) (最長3年)n/a注目すべき配当: 6417の配当金 ( 1.94% ) はTW市場の配当金支払者の下位 25% ( 1.45% ) よりも高くなっています。高配当: 6417の配当金 ( 1.94% ) はTW市場の配当金支払者の上位 25% ( 4.96% ) と比較すると低いです。株主への利益配当収益カバレッジ: 6417の 配当性向 ( 45.9% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 6417の 現金配当性向 ( 36.8% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/07/16 19:56終値2026/07/16 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このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Securitag Assembly Group Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Yiho LiuCapital Securities CorporationDyson WangYuanta Research
Declared Dividend • Jul 23Dividend increased to NT$2.20Dividend of NT$2.20 is 10% higher than last year. Ex-date: 7th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.1%).
Declared Dividend • Jul 05Dividend reduced to NT$2.00Dividend of NT$2.00 is 9.1% lower than last year. Ex-date: 9th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 27Upcoming dividend of NT$2.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).
Upcoming Dividend • Jul 18Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.7%).
Upcoming Dividend • Jul 29Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$145, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 42x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.8% over the past three years.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.27 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$427.8m (up 16% from 1Q 2025). Net income: NT$70.8m (up 32% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$139, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 44x in the Semiconductor industry in Taiwan. Total loss to shareholders of 1.8% over the past three years.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$121, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$4.83 (vs NT$4.35 in FY 2024)Full year 2025 results: EPS: NT$4.83 (up from NT$4.35 in FY 2024). Revenue: NT$1.61b (up 7.8% from FY 2024). Net income: NT$204.1m (up 11% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • Feb 26Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2026Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2026. Location: 2 floor no,99, jen hua kung 2nd rd., dali district, taichung city Taiwan
お知らせ • Jan 20Sag Unveils LiquidMate O: A Breakthrough UHF RFID Tagging Solution for Item-Level Traceability of Liquid-Filled Injectable MedicationsSAG announced LiquidMate O, its debut UHF RFID label and a category-defining advancement in pharmaceutical RFID and item-level traceability. Built on an innovative, patent-pending antenna architecture, LiquidMate O delivers reliable direct-on-vial RFID tagging for liquid-filled injectable medications, an application long considered one of the most technically challenging in RFID deployment. Ineffective tracking of injectable drugs continues to drive substantial losses through expired inventory, misplaced medications, and regulatory exposure--particularly for high-value or critical products. As enforcement of the U.S. Drug Supply Chain Security Act (DSCSA) accelerates, dependable, high-accuracy RFID-based medication tracking has become essential to both pharmaceutical manufacturing and hospital operations. LiquidMate O is purpose-built to enable scalable, item-level tracking across a broad range of injectable liquid categories that have historically constrained direct-on-vialRFID adoption. Its performance has been independently validated through AXIA Lab-defined test scenarios, using representative liquid formulations and workflow conditions aligned with real clinical practice. Key capabilities include: One label across multiple formulations Consistent RFID performance across injectable liquids with varying dielectric properties, eliminating formulation-specific labels and significantly reducing SKU complexity. True direct-on-vial design Validated on industry-standard 10 mL glass vials with a compact 62 x 20 mm label engineered for curved, space-constrained pharmaceutical packaging. Proven high-density readability. Independently validated by AXIA Lab, achieving 100% read performance in dense, multi-vial configurations with full 360-degree omnidirectional readability. While demand for item-level traceability continues to rise, existing RFID approaches have struggled to balance RF performance, scalability, and operational integration. Conventional direct-on-vial solutions often suffer from inconsistent performance on liquid-filled injectables due to dielectric effects, while flag-style labels, although RF-robust, pose handling, automation, and scalability challenges that limit broader adoption. LiquidMate O eliminates this trade-off by delivering a true direct-on-vial solution with consistent performance across diverse injectable formulations. This enables streamlined labeling operations and improved workflow efficiency from manufacturing through point-of-care. By reducing manual scanning steps and minimizing SKU proliferation, LiquidMate O supports real-time inventory visibility, accurate dispensing, and enhanced patient safety without disrupting existing packaging lines. Following extensive engineering development and independent validation, LiquidMate O is now qualified for commercial deployment. Built on SAG's deep expertise in RFID antenna design, materials science, and healthcare workflow integration, the solution is engineered to meet the stringent performance, regulatory, and scalability requirements of pharmaceutical environments. SAG is initiating structured technical engagements to support evaluation and deployment planning for next-generation item-level traceability initiatives.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: NT$1.34 (vs NT$1.05 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.34 (up from NT$1.05 in 3Q 2024). Revenue: NT$405.1m (up 6.3% from 3Q 2024). Net income: NT$56.6m (up 27% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.64 (vs NT$1.19 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.64 (down from NT$1.19 in 2Q 2024). Revenue: NT$408.4m (up 7.0% from 2Q 2024). Net income: NT$27.2m (down 46% from 2Q 2024). Profit margin: 6.7% (down from 13% in 2Q 2024). 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 10% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 23Dividend increased to NT$2.20Dividend of NT$2.20 is 10% higher than last year. Ex-date: 7th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$1.27 (vs NT$0.72 in 1Q 2024)First quarter 2025 results: EPS: NT$1.27 (up from NT$0.72 in 1Q 2024). Revenue: NT$369.2m (up 13% from 1Q 2024). Net income: NT$53.6m (up 75% from 1Q 2024). Profit margin: 14% (up from 9.3% in 1Q 2024). 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 7% per year.
New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$95.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.14b market cap, or US$95.4m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$82.50, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Mar 08Full year 2024 earnings releasedFull year 2024 results: Revenue: NT$1.49b (up 4.6% from FY 2023). Net income: NT$183.9m (up 8.3% from FY 2023). Profit margin: 12% (in line with FY 2023).
お知らせ • Feb 27Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2025Securitag Assembly Group Co., Ltd., Annual General Meeting, May 22, 2025. Location: 2 floor no,99, jen hua kung 2nd rd., dali district, taichung city Taiwan
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$1.05 (vs NT$1.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.05 (down from NT$1.28 in 3Q 2023). Revenue: NT$381.0m (up 1.1% from 3Q 2023). Net income: NT$44.4m (down 18% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.19 (vs NT$1.31 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.19 (down from NT$1.31 in 2Q 2023). Revenue: NT$381.6m (down 7.7% from 2Q 2023). Net income: NT$50.5m (down 9.0% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). 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 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.1%).
Declared Dividend • Jul 05Dividend reduced to NT$2.00Dividend of NT$2.00 is 9.1% lower than last year. Ex-date: 9th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% 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$0.72 (vs NT$0.95 in 1Q 2023)First quarter 2024 results: EPS: NT$0.72 (down from NT$0.95 in 1Q 2023). Revenue: NT$328.2m (flat on 1Q 2023). Net income: NT$30.6m (down 24% from 1Q 2023). Profit margin: 9.3% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Securitag Assembly Group Co., Ltd., Annual General Meeting, May 27, 2024Securitag Assembly Group Co., Ltd., Annual General Meeting, May 27, 2024.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: NT$1.28 (vs NT$1.65 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.28 (down from NT$1.65 in 3Q 2022). Revenue: NT$377.0m (up 1.4% from 3Q 2022). Net income: NT$54.3m (down 22% from 3Q 2022). Profit margin: 14% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$1.31 (vs NT$0.95 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.31 (up from NT$0.95 in 2Q 2022). Revenue: NT$413.6m (up 33% from 2Q 2022). Net income: NT$55.5m (up 38% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$124, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 127% over the past three years.
Upcoming Dividend • Jul 27Upcoming dividend of NT$2.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$137, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 174% over the past three years.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$123, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 145% over the past three years.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$182, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 243% over the past three years.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$152, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 199% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$149, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 206% over the past three years.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$4.50 (vs NT$3.02 in FY 2021)Full year 2022 results: EPS: NT$4.50 (up from NT$3.02 in FY 2021). Revenue: NT$1.32b (up 21% from FY 2021). Net income: NT$190.4m (up 69% from FY 2021). Profit margin: 14% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$102, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.65 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.65 (up from NT$0.83 in 3Q 2021). Revenue: NT$371.9m (up 30% from 3Q 2021). Net income: NT$69.7m (up 136% from 3Q 2021). Profit margin: 19% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: NT$0.95 (vs NT$0.73 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.95 (up from NT$0.73 in 2Q 2021). Revenue: NT$310.9m (up 20% from 2Q 2021). Net income: NT$40.3m (up 54% from 2Q 2021). Profit margin: 13% (up from 10% 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 15% per year whereas the company’s share price has increased by 11% per year.
Upcoming Dividend • Jul 18Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.7%).
Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.54. Revenue: NT$263.1m (up 9.3% from 1Q 2021). Net income: NT$23.0m (up 6.7% from 1Q 2021). Profit margin: 8.7% (down from 9.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 22%.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$3.02 (up from NT$2.69 in FY 2020). Revenue: NT$1.09b (up 9.5% from FY 2020). Net income: NT$112.7m (up 18% from FY 2020). Profit margin: 10% (in line with FY 2020). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.61 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$285.3m (up 17% from 3Q 2020). Net income: NT$29.6m (up 35% from 3Q 2020). Profit margin: 10% (up from 9.0% 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 25% per year whereas the company’s share price has increased by 21% per year.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.73 (vs NT$0.73 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$258.3m (up 4.7% from 2Q 2020). Net income: NT$26.1m (up 1.1% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 28% per year.
Upcoming Dividend • Jul 29Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.2%).
Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.76 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$240.8m (down 7.4% from 1Q 2020). Net income: NT$21.6m (down 20% from 1Q 2020). Profit margin: 9.0% (down from 10% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 30% per year.
分析記事 • Apr 23Key Things To Consider Before Buying Securitag Assembly Group Co., Ltd. (GTSM:6417) For Its DividendIs Securitag Assembly Group Co., Ltd. ( GTSM:6417 ) a good dividend stock? How can we tell? Dividend paying companies...
分析記事 • Apr 05Securitag Assembly Group (GTSM:6417) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.69 (vs NT$2.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$993.1m (down 1.8% from FY 2019). Net income: NT$95.9m (up 23% from FY 2019). Profit margin: 9.7% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.
分析記事 • Mar 17Announcing: Securitag Assembly Group (GTSM:6417) Stock Increased An Energizing 118% In The Last Three YearsThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...
お知らせ • Mar 12Securitag Assembly Group Co., Ltd., Annual General Meeting, May 28, 2021Securitag Assembly Group Co., Ltd., Annual General Meeting, May 28, 2021.
Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.69 (vs NT$2.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$993.1m (down 1.8% from FY 2019). Net income: NT$95.9m (up 23% from FY 2019). Profit margin: 9.7% (up from 7.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year.
分析記事 • Feb 18Is Securitag Assembly Group Co., Ltd.'s (GTSM:6417) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Most readers would already be aware that Securitag Assembly Group's (GTSM:6417) stock increased significantly by 13...
Is New 90 Day High Low • Feb 18New 90-day high: NT$75.50The company is up 13% from its price of NT$66.80 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 03Here's What To Make Of Securitag Assembly Group's (GTSM:6417) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
分析記事 • Jan 19Securitag Assembly Group Co., Ltd.'s (GTSM:6417) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Today we'll take a closer look at Securitag Assembly Group Co., Ltd. ( GTSM:6417 ) from a dividend investor's...
Is New 90 Day High Low • Jan 19New 90-day high: NT$74.50The company is up 22% from its price of NT$61.10 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.
分析記事 • Dec 31Is Securitag Assembly Group (GTSM:6417) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 30New 90-day high: NT$70.20The company is up 15% from its price of NT$60.80 on 30 September 2020. The Taiwanese market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 22% over the same period.
分析記事 • Dec 16Did Securitag Assembly Group's (GTSM:6417) Share Price Deserve to Gain 84%?By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
Is New 90 Day High Low • Dec 12New 90-day high: NT$67.20The company is up 8.0% from its price of NT$62.00 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period.
分析記事 • Dec 01Calculating The Intrinsic Value Of Securitag Assembly Group Co., Ltd. (GTSM:6417)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Securitag Assembly...
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.61The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$243.6m (down 9.1% from 3Q 2019). Net income: NT$21.9m (down 2.4% from 3Q 2019). Profit margin: 9.0% (up from 8.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 02New 90-day high: NT$62.90The company is up 6.0% from its price of NT$59.40 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 2.0% over the same period.