View DividendE&R Engineering マネジメントマネジメント 基準チェック /14現在、CEO に関する十分な情報がありません。主要情報Eric Chang最高経営責任者n/a報酬総額CEO給与比率n/aCEO在任期間5.9yrsCEOの所有権1.0%経営陣の平均在職期間データなし取締役会の平均在任期間5.9yrs経営陣の近況お知らせ • Mar 09E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026. Location: 2 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwanお知らせ • Mar 07E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025. Location: 4 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwanお知らせ • Mar 07+ 1 more updateE&R Engineering Corporation, Annual General Meeting, Jun 20, 2024E&R Engineering Corporation, Annual General Meeting, Jun 20, 2024. Location: NO.61 Heng Shan Rd,Yan-Chao District,Kaohsiung 824 Taiwan Taipei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee’s Review Report on the 2023 Financial Statements; to Issue of Domestic Unsecured Corporate Bonds; to The distribution report of compensation of the employees and directors for Year 2023; to Shareholder dividend distribution report in 2023; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the Company's 2023 Profit Allocation Plan; to Proposal of Release the Prohibition on Directors and their representatives from Participation in Competitive Business; and to consider other matters if any.お知らせ • Mar 29E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022.すべての更新を表示Recent updatesReported Earnings • May 14First quarter 2026 earnings released: NT$0.22 loss per share (vs NT$0.57 loss in 1Q 2025)First quarter 2026 results: NT$0.22 loss per share (improved from NT$0.57 loss in 1Q 2025). Revenue: NT$382.3m (up 21% from 1Q 2025). Net loss: NT$23.4m (loss narrowed 62% from 1Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 195 percentage points per year, which is a significant difference in performance.お知らせ • May 02E&R Engineering Showcases Advanced Laser and Plasma Solutions At SEMICON SEA 2026E&R Engineering (8027.TW) will showcase advanced laser and plasma solutions at SEMICON Southeast Asia 2026 next week. Targeting critical demands in AI, CPO, and next-generation manufacturing, E&R is partnering with Horng Terng Automation (HTA) and Group Up Industrial (GP) to deliver a fully integrated turnkey solution: E&R Engineering: Leading-edge Laser and Plasma processing solutions. Horng Terng Automation (HTA): Expertise in integrated thermal interface material (TIM) solutions, incorporating visual AOl inspection technology. Group Up Industrial (GP): Laminator, oven, and coater solutions have been successfully implemented into advanced packaging markets—including FOPLP, FOWLP, and TGV—through seamless automated integration. E&R's 2026 Technology Highlights: Laser and Plasma Advanced Packaging High-precision laser drilling for 2.5D/3D ICs (±5 µm, B/T ratio up to 90%) Multi-beam laser marking (±25 µm accuracy, high throughput) Controlled thermal laser cutting Microwave or RF Plasma cleaning for pre-underfill, surface activation and Redox Hybrid plasma solution for high-efficiency dry etching solution Automation Integration Service (AIS) Leveraging 30+ years of experience, E&R delivers custom automation meeting complex CIM and factory requirements. By integrating multi-vendor process modules into a unified, high-efficiency system through simulation-driven modeling, we provide a unified UI and a single service window. Our dedicated R&D and sales teams ensure direct engagement and responsive technical support for every project. FOPLP – Fan-Out Panel Level Packaging (700 × 700 mm) E&R's total solution supports large panel processes including laser marking, laser cutting, laser descum, plasma cleaning, and post-drill de-smear, with a remarkable warpage control up to 16 mm. The process is further enhanced with laser debonding and plasma dry etching solutions for separation of glass carrier and panel. Join us at SEMICON SEA 2026 to see how E&R, HTA, and Group Up are driving the future of semiconductor manufacturing — with more precise, efficient, and integrated solutions. Booth Information Booth Number: #1452 Location: Malaysia International Trade and Exhibition Centre (MITEC) Dates:May 5-7, 2026 E&R Website: https://en.enr.com.tw/.New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.51 loss in FY 2024). Revenue: NT$1.81b (up 10.0% from FY 2024). Net loss: NT$97.8m (loss widened 91% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance.お知らせ • Mar 09E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026. Location: 2 floor no,61, heng shan rd., yanchao district, kaohsiung city TaiwanNew Risk • Nov 22New 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$0.12 (up from NT$0.38 loss in 3Q 2024). Revenue: NT$398.5m (down 5.7% from 3Q 2024). Net income: NT$12.7m (up NT$51.9m from 3Q 2024). Profit margin: 3.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 149 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$1.13 loss per share (down from NT$0.31 profit in 2Q 2024). Revenue: NT$374.5m (down 26% from 2Q 2024). Net loss: NT$118.9m (down 487% from profit in 2Q 2024). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 151%. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2025 earnings released: NT$0.57 loss per share (vs NT$0.29 loss in 1Q 2024)First quarter 2025 results: NT$0.57 loss per share (further deteriorated from NT$0.29 loss in 1Q 2024). Revenue: NT$314.9m (up 9.4% from 1Q 2024). Net loss: NT$60.7m (loss widened 121% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.お知らせ • May 09E&R Engineering Corp. Showcases Next-Gen Laser and Plasma Solutions with Strategic Partners at SEMICON Sea 2025 in SingaporeE&R Engineering Corp. announced its participation at SEMICON Southeast Asia 2025, held at the Sands Expo & Convention Centre, Singapore from May 20 to 22. With over 30 years of dedication in the semiconductor industry, E&R will unveil its latest innovations in advanced laser and plasma processing, continuing to push the boundaries of semiconductor equipment technology. This year, E&R teams up with two strong partners -- Zen Voce and GP Group -- to form a powerful joint exhibition team. The three companies bring broad experience across different parts of the semiconductor industry, from front-end and packaging to back-end and automation. This collaboration shows shared drive for innovation and quality, with the belief that "1 + 1 + 1 > 3" -- where the combined strength of three creates more than each on its own. Plasma Dicing - Small Die Dicing Solution: E&R delivers a hybrid laser grooving and plasma dicing solution that supports ultra-fine dice lanes (10-30 mm). Beyond equipment, E&R also provides a turnkey dicing service, handling unique shapes like hexagons, circles, or MPR layouts with precision and consistency. FOPLP - Fan-Out Panel Level Packaging (700 x 700 mm). E&R's total solution supports large panel processes including laser marking, laser cutting, laser descum, plasma cleaning, and post-drill de-smear, with a remarkable warpage control up to 16 mm. The process is further enhanced with laser debonding and plasma dry etching solutions for separation of glass carrier and panel. Glass Substrate Solutions: E&R leads in glass core process equipment, offering: High-productivity TGV drilling (600-1,000 VPS, +-5 mm @ 3s); Glass laser polishing for sidewall roughness control; Laser beveling & precision AOI for defect detection; Advanced Packaging: High-precision laser drilling for 2.5D/3D ICs (+-5 mm, B/T ratio up to 90%) Hybrid laser and plasma for advanced TSV solution; Multi-beam laser marking (+-25 mm accuracy, high throughput); Controlled thermal laser cutting.Buy Or Sell Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$73.40. The fair value is estimated to be NT$92.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Apr 18E&R Engineering Corporation to Report Q1, 2025 Results on Apr 25, 2025E&R Engineering Corporation announced that they will report Q1, 2025 results on Apr 25, 2025Buy Or Sell Opportunity • Apr 07Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$67.50. The fair value is estimated to be NT$93.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making.New Risk • Mar 26New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 26Full year 2024 earnings released: NT$0.51 loss per share (vs NT$0.32 profit in FY 2023)Full year 2024 results: NT$0.51 loss per share (down from NT$0.32 profit in FY 2023). Revenue: NT$1.64b (up 6.2% from FY 2023). Net loss: NT$51.1m (down 265% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.お知らせ • Mar 07E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025. Location: 4 floor no,61, heng shan rd., yanchao district, kaohsiung city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.38 loss per share (vs NT$0.36 profit in 3Q 2023)Third quarter 2024 results: NT$0.38 loss per share (down from NT$0.36 profit in 3Q 2023). Revenue: NT$422.5m (flat on 3Q 2023). Net loss: NT$39.2m (down 214% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Oct 30E&R Engineering Corporation to Report Q3, 2024 Results on Nov 06, 2024E&R Engineering Corporation announced that they will report Q3, 2024 results on Nov 06, 2024Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.31 (up from NT$0.24 loss in 2Q 2023). Revenue: NT$503.9m (up 79% from 2Q 2023). Net income: NT$30.7m (up NT$53.9m from 2Q 2023). Profit margin: 6.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding).お知らせ • Jul 31E&R Engineering Corporation to Report Q2, 2024 Results on Aug 07, 2024E&R Engineering Corporation announced that they will report Q2, 2024 results on Aug 07, 2024New Risk • Jun 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Reported Earnings • May 19First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.17 profit in 1Q 2023)First quarter 2024 results: NT$0.29 loss per share (down from NT$0.17 profit in 1Q 2023). Revenue: NT$287.8m (down 30% from 1Q 2023). Net loss: NT$27.4m (down 268% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • May 02E&R Engineering Corporation to Report Q1, 2024 Results on May 08, 2024E&R Engineering Corporation announced that they will report Q1, 2024 results on May 08, 2024Upcoming Dividend • Mar 26Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.4%).Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.32 (vs NT$3.94 in FY 2022)Full year 2023 results: EPS: NT$0.32 (down from NT$3.94 in FY 2022). Revenue: NT$1.55b (down 52% from FY 2022). Net income: NT$30.9m (down 92% from FY 2022). Profit margin: 2.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Mar 07+ 1 more updateE&R Engineering Corporation, Annual General Meeting, Jun 20, 2024E&R Engineering Corporation, Annual General Meeting, Jun 20, 2024. Location: NO.61 Heng Shan Rd,Yan-Chao District,Kaohsiung 824 Taiwan Taipei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee’s Review Report on the 2023 Financial Statements; to Issue of Domestic Unsecured Corporate Bonds; to The distribution report of compensation of the employees and directors for Year 2023; to Shareholder dividend distribution report in 2023; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the Company's 2023 Profit Allocation Plan; to Proposal of Release the Prohibition on Directors and their representatives from Participation in Competitive Business; and to consider other matters if any.New Risk • Aug 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 199% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 199% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (5.1% net profit margin).Reported Earnings • Aug 12Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: NT$0.24 loss per share (down from NT$1.69 profit in 2Q 2022). Revenue: NT$282.1m (down 74% from 2Q 2022). Net loss: NT$23.2m (down 114% from profit in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$74.50, the stock trades at a forward P/E ratio of 161x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years.New Risk • Aug 08New major 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).New Risk • Jul 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 82% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).New Risk • Jun 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change).Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$55.70, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$42.15, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 39% over the past three years.Upcoming Dividend • Apr 13Upcoming dividend of NT$2.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 20 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.7%). In line with average of industry peers (3.4%).Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$3.94 (vs NT$2.62 in FY 2021)Full year 2022 results: EPS: NT$3.94 (up from NT$2.62 in FY 2021). Revenue: NT$3.22b (up 27% from FY 2021). Net income: NT$390.8m (up 60% from FY 2021). Profit margin: 12% (up from 9.6% 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 73% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.94 (vs NT$0.57 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.94 (up from NT$0.57 in 3Q 2021). Revenue: NT$701.1m (up 12% from 3Q 2021). Net income: NT$94.1m (up 67% from 3Q 2021). Profit margin: 13% (up from 9.0% 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 79% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.69 (up from NT$0.67 in 2Q 2021). Revenue: NT$1.09b (up 73% from 2Q 2021). Net income: NT$167.4m (up 183% from 2Q 2021). Profit margin: 15% (up from 9.4% 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 78% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 14Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.1%).Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$1.18 (vs NT$1.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.18 (up from NT$1.00 in 1Q 2021). Revenue: NT$871.2m (up 33% from 1Q 2021). Net income: NT$116.7m (up 36% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 29E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$2.62 (vs NT$2.00 in FY 2020)Full year 2021 results: EPS: NT$2.62 (up from NT$2.00 in FY 2020). Revenue: NT$2.54b (up 25% from FY 2020). Net income: NT$244.0m (up 51% from FY 2020). Profit margin: 9.6% (up from 7.9% in FY 2020). The increase in margin was driven by higher revenue. 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 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.57 (vs NT$0.67 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$623.7m (up 14% from 3Q 2020). Net income: NT$56.3m (up 5.5% from 3Q 2020). Profit margin: 9.0% (in line with 3Q 2020). 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 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.70 (vs NT$0.72 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$630.4m (up 13% from 2Q 2020). Net income: NT$59.2m (up 2.9% from 2Q 2020). Profit margin: 9.4% (in line with 2Q 2020). 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 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$61.40, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 59% over the past three years.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$652.8m (up 101% from 1Q 2020). Net income: NT$85.9m (up NT$102.7m from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 01Inaugural dividend of NT$1.19 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 06 May 2021. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 1.9%.分析記事 • Mar 30E&R Engineering's (GTSM:8027) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for E&R Engineering Corporation's ( GTSM:8027 ) stock hasn't moved...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.00 (vs NT$1.01 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.04b (up 39% from FY 2019). Net income: NT$161.3m (up NT$242.1m from FY 2019). Profit margin: 7.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 12Should We Be Excited About The Trends Of Returns At E&R Engineering (GTSM:8027)?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...分析記事 • Feb 10If You Had Bought E&R Engineering (GTSM:8027) Shares Five Years Ago You'd Have Earned 322% ReturnsIt might be of some concern to shareholders to see the E&R Engineering Corporation ( GTSM:8027 ) share price down 12...分析記事 • Jan 13Does E&R Engineering (GTSM:8027) Have A Healthy Balance Sheet?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 25New 90-day high: NT$96.80The company is up 37% from its price of NT$70.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period.分析記事 • Dec 11Has E&R Engineering Corporation's (GTSM:8027) Impressive Stock Performance Got Anything to Do With Its Fundamentals?E&R Engineering's (GTSM:8027) stock is up by a considerable 29% over the past month. As most would know, fundamentals...Is New 90 Day High Low • Dec 05New 90-day high: NT$81.70The company is up 10.0% from its price of NT$74.10 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 20% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.67The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$548.7m (up 56% from 3Q 2019). Net income: NT$53.3m (up NT$74.3m from 3Q 2019). Profit margin: 9.7% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.CEOEric Chang 5.9yrs在職期間Mr. Eric Chang is Chief Executive Officer of E&R Engineering Corporation and is its Director since June 21, 2020 and served as its General Manager.取締役名称ポジション在職期間報酬所有権Eric ChangCEO & Director5.9yrsデータなし1.04% NT$ 268.1mKS ChenCTO & Vice Chairman31.6yrsデータなし1.14% NT$ 293.1mHarry HuangVP of General Operation Mgmt.5.9yrsデータなし0.92% NT$ 236.4mRay HouDirector5.9yrsデータなし0.0042% NT$ 1.1mMingqing WangChairman31.6yrsデータなし4.05% NT$ 1.0bKuang shu HsuehDirector5.9yrsデータなし0.54% NT$ 137.8mJF LuIndependent Director8.9yrsデータなし0.000040% NT$ 10.3kAlex KaoIndependent Director5.9yrsデータなしデータなしもっと見る5.9yrs平均在職期間経験豊富なボード: 8027の 取締役会 は 経験豊富 であると考えられます ( 5.9年の平均在任期間)。View Ownership企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 00:49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E&R Engineering Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Licheng ZhuangCapital Securities Corporation
お知らせ • Mar 09E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026. Location: 2 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwan
お知らせ • Mar 07E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025. Location: 4 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwan
お知らせ • Mar 07+ 1 more updateE&R Engineering Corporation, Annual General Meeting, Jun 20, 2024E&R Engineering Corporation, Annual General Meeting, Jun 20, 2024. Location: NO.61 Heng Shan Rd,Yan-Chao District,Kaohsiung 824 Taiwan Taipei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee’s Review Report on the 2023 Financial Statements; to Issue of Domestic Unsecured Corporate Bonds; to The distribution report of compensation of the employees and directors for Year 2023; to Shareholder dividend distribution report in 2023; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the Company's 2023 Profit Allocation Plan; to Proposal of Release the Prohibition on Directors and their representatives from Participation in Competitive Business; and to consider other matters if any.
お知らせ • Mar 29E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022.
Reported Earnings • May 14First quarter 2026 earnings released: NT$0.22 loss per share (vs NT$0.57 loss in 1Q 2025)First quarter 2026 results: NT$0.22 loss per share (improved from NT$0.57 loss in 1Q 2025). Revenue: NT$382.3m (up 21% from 1Q 2025). Net loss: NT$23.4m (loss narrowed 62% from 1Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 195 percentage points per year, which is a significant difference in performance.
お知らせ • May 02E&R Engineering Showcases Advanced Laser and Plasma Solutions At SEMICON SEA 2026E&R Engineering (8027.TW) will showcase advanced laser and plasma solutions at SEMICON Southeast Asia 2026 next week. Targeting critical demands in AI, CPO, and next-generation manufacturing, E&R is partnering with Horng Terng Automation (HTA) and Group Up Industrial (GP) to deliver a fully integrated turnkey solution: E&R Engineering: Leading-edge Laser and Plasma processing solutions. Horng Terng Automation (HTA): Expertise in integrated thermal interface material (TIM) solutions, incorporating visual AOl inspection technology. Group Up Industrial (GP): Laminator, oven, and coater solutions have been successfully implemented into advanced packaging markets—including FOPLP, FOWLP, and TGV—through seamless automated integration. E&R's 2026 Technology Highlights: Laser and Plasma Advanced Packaging High-precision laser drilling for 2.5D/3D ICs (±5 µm, B/T ratio up to 90%) Multi-beam laser marking (±25 µm accuracy, high throughput) Controlled thermal laser cutting Microwave or RF Plasma cleaning for pre-underfill, surface activation and Redox Hybrid plasma solution for high-efficiency dry etching solution Automation Integration Service (AIS) Leveraging 30+ years of experience, E&R delivers custom automation meeting complex CIM and factory requirements. By integrating multi-vendor process modules into a unified, high-efficiency system through simulation-driven modeling, we provide a unified UI and a single service window. Our dedicated R&D and sales teams ensure direct engagement and responsive technical support for every project. FOPLP – Fan-Out Panel Level Packaging (700 × 700 mm) E&R's total solution supports large panel processes including laser marking, laser cutting, laser descum, plasma cleaning, and post-drill de-smear, with a remarkable warpage control up to 16 mm. The process is further enhanced with laser debonding and plasma dry etching solutions for separation of glass carrier and panel. Join us at SEMICON SEA 2026 to see how E&R, HTA, and Group Up are driving the future of semiconductor manufacturing — with more precise, efficient, and integrated solutions. Booth Information Booth Number: #1452 Location: Malaysia International Trade and Exhibition Centre (MITEC) Dates:May 5-7, 2026 E&R Website: https://en.enr.com.tw/.
New Risk • Apr 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.51 loss in FY 2024). Revenue: NT$1.81b (up 10.0% from FY 2024). Net loss: NT$97.8m (loss widened 91% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 09E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026E&R Engineering Corporation, Annual General Meeting, Jun 18, 2026. Location: 2 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwan
New Risk • Nov 22New 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$0.12 (up from NT$0.38 loss in 3Q 2024). Revenue: NT$398.5m (down 5.7% from 3Q 2024). Net income: NT$12.7m (up NT$51.9m from 3Q 2024). Profit margin: 3.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 149 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$1.13 loss per share (down from NT$0.31 profit in 2Q 2024). Revenue: NT$374.5m (down 26% from 2Q 2024). Net loss: NT$118.9m (down 487% from profit in 2Q 2024). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 151%. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.57 loss per share (vs NT$0.29 loss in 1Q 2024)First quarter 2025 results: NT$0.57 loss per share (further deteriorated from NT$0.29 loss in 1Q 2024). Revenue: NT$314.9m (up 9.4% from 1Q 2024). Net loss: NT$60.7m (loss widened 121% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
お知らせ • May 09E&R Engineering Corp. Showcases Next-Gen Laser and Plasma Solutions with Strategic Partners at SEMICON Sea 2025 in SingaporeE&R Engineering Corp. announced its participation at SEMICON Southeast Asia 2025, held at the Sands Expo & Convention Centre, Singapore from May 20 to 22. With over 30 years of dedication in the semiconductor industry, E&R will unveil its latest innovations in advanced laser and plasma processing, continuing to push the boundaries of semiconductor equipment technology. This year, E&R teams up with two strong partners -- Zen Voce and GP Group -- to form a powerful joint exhibition team. The three companies bring broad experience across different parts of the semiconductor industry, from front-end and packaging to back-end and automation. This collaboration shows shared drive for innovation and quality, with the belief that "1 + 1 + 1 > 3" -- where the combined strength of three creates more than each on its own. Plasma Dicing - Small Die Dicing Solution: E&R delivers a hybrid laser grooving and plasma dicing solution that supports ultra-fine dice lanes (10-30 mm). Beyond equipment, E&R also provides a turnkey dicing service, handling unique shapes like hexagons, circles, or MPR layouts with precision and consistency. FOPLP - Fan-Out Panel Level Packaging (700 x 700 mm). E&R's total solution supports large panel processes including laser marking, laser cutting, laser descum, plasma cleaning, and post-drill de-smear, with a remarkable warpage control up to 16 mm. The process is further enhanced with laser debonding and plasma dry etching solutions for separation of glass carrier and panel. Glass Substrate Solutions: E&R leads in glass core process equipment, offering: High-productivity TGV drilling (600-1,000 VPS, +-5 mm @ 3s); Glass laser polishing for sidewall roughness control; Laser beveling & precision AOI for defect detection; Advanced Packaging: High-precision laser drilling for 2.5D/3D ICs (+-5 mm, B/T ratio up to 90%) Hybrid laser and plasma for advanced TSV solution; Multi-beam laser marking (+-25 mm accuracy, high throughput); Controlled thermal laser cutting.
Buy Or Sell Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$73.40. The fair value is estimated to be NT$92.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Apr 18E&R Engineering Corporation to Report Q1, 2025 Results on Apr 25, 2025E&R Engineering Corporation announced that they will report Q1, 2025 results on Apr 25, 2025
Buy Or Sell Opportunity • Apr 07Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$67.50. The fair value is estimated to be NT$93.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Mar 26New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 26Full year 2024 earnings released: NT$0.51 loss per share (vs NT$0.32 profit in FY 2023)Full year 2024 results: NT$0.51 loss per share (down from NT$0.32 profit in FY 2023). Revenue: NT$1.64b (up 6.2% from FY 2023). Net loss: NT$51.1m (down 265% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 07E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025E&R Engineering Corporation, Annual General Meeting, Jun 12, 2025. Location: 4 floor no,61, heng shan rd., yanchao district, kaohsiung city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.38 loss per share (vs NT$0.36 profit in 3Q 2023)Third quarter 2024 results: NT$0.38 loss per share (down from NT$0.36 profit in 3Q 2023). Revenue: NT$422.5m (flat on 3Q 2023). Net loss: NT$39.2m (down 214% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 30E&R Engineering Corporation to Report Q3, 2024 Results on Nov 06, 2024E&R Engineering Corporation announced that they will report Q3, 2024 results on Nov 06, 2024
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.31 (up from NT$0.24 loss in 2Q 2023). Revenue: NT$503.9m (up 79% from 2Q 2023). Net income: NT$30.7m (up NT$53.9m from 2Q 2023). Profit margin: 6.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
お知らせ • Jul 31E&R Engineering Corporation to Report Q2, 2024 Results on Aug 07, 2024E&R Engineering Corporation announced that they will report Q2, 2024 results on Aug 07, 2024
New Risk • Jun 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.17 profit in 1Q 2023)First quarter 2024 results: NT$0.29 loss per share (down from NT$0.17 profit in 1Q 2023). Revenue: NT$287.8m (down 30% from 1Q 2023). Net loss: NT$27.4m (down 268% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • May 02E&R Engineering Corporation to Report Q1, 2024 Results on May 08, 2024E&R Engineering Corporation announced that they will report Q1, 2024 results on May 08, 2024
Upcoming Dividend • Mar 26Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.4%).
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.32 (vs NT$3.94 in FY 2022)Full year 2023 results: EPS: NT$0.32 (down from NT$3.94 in FY 2022). Revenue: NT$1.55b (down 52% from FY 2022). Net income: NT$30.9m (down 92% from FY 2022). Profit margin: 2.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 07+ 1 more updateE&R Engineering Corporation, Annual General Meeting, Jun 20, 2024E&R Engineering Corporation, Annual General Meeting, Jun 20, 2024. Location: NO.61 Heng Shan Rd,Yan-Chao District,Kaohsiung 824 Taiwan Taipei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee’s Review Report on the 2023 Financial Statements; to Issue of Domestic Unsecured Corporate Bonds; to The distribution report of compensation of the employees and directors for Year 2023; to Shareholder dividend distribution report in 2023; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the Company's 2023 Profit Allocation Plan; to Proposal of Release the Prohibition on Directors and their representatives from Participation in Competitive Business; and to consider other matters if any.
New Risk • Aug 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 199% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 199% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (5.1% net profit margin).
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: NT$0.24 loss per share (down from NT$1.69 profit in 2Q 2022). Revenue: NT$282.1m (down 74% from 2Q 2022). Net loss: NT$23.2m (down 114% from profit in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$74.50, the stock trades at a forward P/E ratio of 161x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years.
New Risk • Aug 08New major 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change).
New Risk • Jul 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 82% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 82% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).
New Risk • Jun 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change).
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$55.70, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$42.15, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 39% over the past three years.
Upcoming Dividend • Apr 13Upcoming dividend of NT$2.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 20 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.7%). In line with average of industry peers (3.4%).
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$3.94 (vs NT$2.62 in FY 2021)Full year 2022 results: EPS: NT$3.94 (up from NT$2.62 in FY 2021). Revenue: NT$3.22b (up 27% from FY 2021). Net income: NT$390.8m (up 60% from FY 2021). Profit margin: 12% (up from 9.6% 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 73% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.94 (vs NT$0.57 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.94 (up from NT$0.57 in 3Q 2021). Revenue: NT$701.1m (up 12% from 3Q 2021). Net income: NT$94.1m (up 67% from 3Q 2021). Profit margin: 13% (up from 9.0% 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 79% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.69 (up from NT$0.67 in 2Q 2021). Revenue: NT$1.09b (up 73% from 2Q 2021). Net income: NT$167.4m (up 183% from 2Q 2021). Profit margin: 15% (up from 9.4% 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 78% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 14Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.1%).
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$1.18 (vs NT$1.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.18 (up from NT$1.00 in 1Q 2021). Revenue: NT$871.2m (up 33% from 1Q 2021). Net income: NT$116.7m (up 36% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 29E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022E&R Engineering Corporation, Annual General Meeting, Jun 16, 2022.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$2.62 (vs NT$2.00 in FY 2020)Full year 2021 results: EPS: NT$2.62 (up from NT$2.00 in FY 2020). Revenue: NT$2.54b (up 25% from FY 2020). Net income: NT$244.0m (up 51% from FY 2020). Profit margin: 9.6% (up from 7.9% in FY 2020). The increase in margin was driven by higher revenue. 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 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.57 (vs NT$0.67 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$623.7m (up 14% from 3Q 2020). Net income: NT$56.3m (up 5.5% from 3Q 2020). Profit margin: 9.0% (in line with 3Q 2020). 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 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.70 (vs NT$0.72 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$630.4m (up 13% from 2Q 2020). Net income: NT$59.2m (up 2.9% from 2Q 2020). Profit margin: 9.4% (in line with 2Q 2020). 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 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$61.40, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.21 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$652.8m (up 101% from 1Q 2020). Net income: NT$85.9m (up NT$102.7m from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 01Inaugural dividend of NT$1.19 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 06 May 2021. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 1.9%.
分析記事 • Mar 30E&R Engineering's (GTSM:8027) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for E&R Engineering Corporation's ( GTSM:8027 ) stock hasn't moved...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.00 (vs NT$1.01 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.04b (up 39% from FY 2019). Net income: NT$161.3m (up NT$242.1m from FY 2019). Profit margin: 7.9% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 12Should We Be Excited About The Trends Of Returns At E&R Engineering (GTSM:8027)?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
分析記事 • Feb 10If You Had Bought E&R Engineering (GTSM:8027) Shares Five Years Ago You'd Have Earned 322% ReturnsIt might be of some concern to shareholders to see the E&R Engineering Corporation ( GTSM:8027 ) share price down 12...
分析記事 • Jan 13Does E&R Engineering (GTSM:8027) Have A Healthy Balance Sheet?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 25New 90-day high: NT$96.80The company is up 37% from its price of NT$70.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 24% over the same period.
分析記事 • Dec 11Has E&R Engineering Corporation's (GTSM:8027) Impressive Stock Performance Got Anything to Do With Its Fundamentals?E&R Engineering's (GTSM:8027) stock is up by a considerable 29% over the past month. As most would know, fundamentals...
Is New 90 Day High Low • Dec 05New 90-day high: NT$81.70The company is up 10.0% from its price of NT$74.10 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 20% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.67The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$548.7m (up 56% from 3Q 2019). Net income: NT$53.3m (up NT$74.3m from 3Q 2019). Profit margin: 9.7% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.