View ValuationCoAsia Electronics 将来の成長Future 基準チェック /06現在、 CoAsia Electronicsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長26.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$119, the stock trades at a trailing P/E ratio of 69.4x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 963% over the past three years.Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$10.2b (down 30% from 1Q 2025). Net income: NT$284.2m (up 76% from 1Q 2025). Profit margin: 2.8% (up from 1.1% in 1Q 2025). The increase in margin was driven by lower expenses.お知らせ • Mar 30CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2026CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2026, at 09:00 Taipei Standard Time. Location: 1 floor building. f no,3, yuan ou st., nangang district, taipei city TaiwanValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$61.00, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 413% over the past three years.New Risk • Feb 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 51% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Feb 13Full year 2025 earnings released: EPS: NT$0.89 (vs NT$3.27 in FY 2024)Full year 2025 results: EPS: NT$0.89 (down from NT$3.27 in FY 2024). Revenue: NT$34.7b (up 23% from FY 2024). Net income: NT$132.6m (down 73% from FY 2024). Profit margin: 0.4% (down from 1.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 81% per year whereas the company’s share price has increased by 77% per year.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 449% over the past three years.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$54.20, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 366% over the past three years.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$47.20, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 312% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.001 (vs NT$1.80 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.001 (down from NT$1.80 in 3Q 2024). Revenue: NT$5.50b (down 20% from 3Q 2024). Net income: NT$150.0k (down 100% from 3Q 2024). Profit margin: 0% (down from 3.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 66% per year.New Risk • Oct 29New 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 Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change).Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$57.90, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 419% over the past three years.New Risk • Sep 26New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$44.75, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 255% over the past three years.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.1%).Reported Earnings • Aug 08Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$1.01 profit in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (down from NT$1.01 profit in 2Q 2024). Revenue: NT$6.84b (down 5.5% from 2Q 2024). Net loss: NT$75.6m (down 150% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (up from NT$0.13 in 1Q 2024). Revenue: NT$14.5b (up 98% from 1Q 2024). Net income: NT$161.9m (up NT$142.5m from 1Q 2024). Profit margin: 1.1% (up from 0.3% 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 32% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01CoAsia Electronics Corp. to Report Q1, 2025 Results on May 07, 2025CoAsia Electronics Corp. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$50.30, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 299% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$71.70, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 456% over the past three years.New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$64.10, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 422% over the past three years.お知らせ • Feb 21CoAsia Electronics Corp., Annual General Meeting, May 23, 2025CoAsia Electronics Corp., Annual General Meeting, May 23, 2025. Location: 6 floor no,88, yen ch`ang rd., sinyi district, taipei city Taiwanお知らせ • Feb 13CoAsia Electronics Corp. to Report Q4, 2024 Results on Feb 20, 2025CoAsia Electronics Corp. announced that they will report Q4, 2024 results on Feb 20, 2025Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.35, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 267% over the past three years.New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$41.60, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 237% over the past three years.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.90, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$1.80 (vs NT$0.57 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$1.80 (up from NT$0.57 loss in 3Q 2023). Revenue: NT$6.85b (up 11% from 3Q 2023). Net income: NT$268.2m (up NT$353.1m from 3Q 2023). Profit margin: 3.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.お知らせ • Oct 31CoAsia Electronics Corp. to Report Q3, 2024 Results on Nov 06, 2024CoAsia Electronics Corp. announced that they will report Q3, 2024 results on Nov 06, 2024Board Change • Aug 13Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Chin-Sun Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.01 (vs NT$1.83 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$1.01 (up from NT$1.83 loss in 2Q 2023). Revenue: NT$7.23b (up 15% from 2Q 2023). Net income: NT$150.5m (up NT$423.7m from 2Q 2023). Profit margin: 2.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance.お知らせ • Jul 27CoAsia Electronics Corp. to Report Q2, 2024 Results on Aug 05, 2024CoAsia Electronics Corp. announced that they will report Q2, 2024 results on Aug 05, 2024お知らせ • Jun 27CoAsia Electronics Corp. Announces By-Election of Wang,Chin-Sun as Independent DirectorCoAsia Electronics Corp. announced the By-Election of Wang,Chin-Sun as Independent Director at the Company's 2024 Annual General Meeting held on June 26, 2024. Resume of the new position holder: Certified Public Accountant at Audit Department of KPMG Taiwan. Original term: June 26, 2024 to June 27, 2026. Effective date of the new appointment is June 26, 2024.Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.60 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.60 loss in 1Q 2023). Revenue: NT$7.34b (up 102% from 1Q 2023). Net income: NT$19.5m (up NT$109.3m from 1Q 2023). Profit margin: 0.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. 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.お知らせ • Apr 28CoAsia Electronics Corp. to Report Q1, 2024 Results on May 03, 2024CoAsia Electronics Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 03, 2024お知らせ • Mar 30CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2024CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2024. Location: 1F, F Bldg., Nangang Software Park No.3, Yuanqu St., Nangang District Taipei City Taiwan Agenda: To consider 2023 Annual Business Reports; to consider the Audit Committee reviews the 2023 annual financial statements report; to consider amendment to some provisions of the Rules and Procedures for Board of Directors Meetings; to acknowledgment of the 2023 Final Statements; to consider acknowledgment of the 2023 Profit and loss Appropriation Case; and to consider amendment to some provisions of the Procedures for Election of Directors.New Risk • Mar 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 35% per year over the past 5 years.Reported Earnings • Mar 06Full year 2023 earnings released: NT$3.08 loss per share (vs NT$0.007 profit in FY 2022)Full year 2023 results: NT$3.08 loss per share (down from NT$0.007 profit in FY 2022). Revenue: NT$22.4b (down 4.2% from FY 2022). Net loss: NT$460.1m (down NT$461.2m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.New Risk • Dec 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 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks High level of debt (104% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (NT$2.00b market cap, or US$63.7m).New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). Market cap is less than US$100m (NT$1.54b market cap, or US$48.2m).Reported Earnings • Aug 16Second quarter 2023 earnings released: NT$1.83 loss per share (vs NT$0.16 profit in 2Q 2022)Second quarter 2023 results: NT$1.83 loss per share (down from NT$0.16 profit in 2Q 2022). Revenue: NT$6.31b (up 4.5% from 2Q 2022). Net loss: NT$273.2m (down NT$297.6m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Aug 15Upcoming dividend of NT$0.03 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 26 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (3.4%).New Risk • Jul 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Market cap is less than US$100m (NT$1.78b market cap, or US$56.8m).New Risk • Jul 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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: 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$1.73b market cap, or US$55.5m).Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Chien-Li Chen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$0.01 (vs NT$1.10 in FY 2021)Full year 2022 results: EPS: NT$0.01 (down from NT$1.10 in FY 2021). Revenue: NT$23.4b (down 20% from FY 2021). Net income: NT$1.11m (down 99% from FY 2021). Profit margin: 0% (down from 0.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0 (vs NT$0.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$0 (down from NT$0.25 in 3Q 2021). Revenue: NT$4.88b (down 23% from 3Q 2021). Net income: NT$12.0k (down 100% from 3Q 2021). Profit margin: 0% (down from 0.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 16Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 27 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.17 (down from NT$0.36 in 2Q 2021). Revenue: NT$6.04b (down 27% from 2Q 2021). Net income: NT$24.4m (down 53% from 2Q 2021). Profit margin: 0.4% (down from 0.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.73 (vs NT$0.29 in 1Q 2021)First quarter 2022 results: EPS: NT$0.73 (up from NT$0.29 in 1Q 2021). Revenue: NT$8.14b (up 19% from 1Q 2021). Net income: NT$106.0m (up 151% from 1Q 2021). Profit margin: 1.3% (up from 0.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.13 (up from NT$0.70 in FY 2020). Revenue: NT$29.2b (up 8.8% from FY 2020). Net income: NT$164.3m (up 63% from FY 2020). Profit margin: 0.6% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.26 (vs NT$0.27 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: NT$6.32b (down 18% from 3Q 2020). Net income: NT$37.7m (down 3.4% from 3Q 2020). Profit margin: 0.6% (up from 0.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.20 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$8.26b (up 51% from 2Q 2020). Net income: NT$51.8m (up 83% from 2Q 2020). Profit margin: 0.6% (up from 0.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$15.55, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$10.40, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 6.8% over the past three years.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.40 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$6.85b (down 7.7% from 1Q 2020). Net income: NT$42.3m (down 25% from 1Q 2020). Profit margin: 0.6% (down from 0.8% in 1Q 2020). 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 1% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 24CoAsia Electronics Corp.'s (GTSM:8096) Share Price Not Quite Adding UpWith a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$0.71 (vs NT$0.57 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$26.9b (up 18% from FY 2019). Net income: NT$101.1m (up 24% from FY 2019). Profit margin: 0.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • Feb 11Is There More Growth In Store For CoAsia Electronics' (GTSM:8096) Returns On Capital?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...分析記事 • Jan 14If You Had Bought CoAsia Electronics (GTSM:8096) Stock A Year Ago, You Could Pocket A 33% Gain TodayOne way to deal with stock volatility is to ensure you have a properly diverse portfolio. Of course, the aim of the...分析記事 • Dec 24We're Not So Sure You Should Rely on CoAsia Electronics's (GTSM:8096) Statutory EarningsIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...分析記事 • Dec 03CoAsia Electronics (GTSM:8096) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Is New 90 Day High Low • Dec 02New 90-day high: NT$13.65The company is up 3.0% from its price of NT$13.25 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.27The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.74b (up 26% from 3Q 2019). Net income: NT$39.0m (up 49% from 3Q 2019). Profit margin: 0.5% (up from 0.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、CoAsia Electronics は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:8096 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202630,342255-3,991-3,990N/A12/31/202534,696133674675N/A9/30/202533,694137599601N/A6/30/202535,038405-104-98N/A3/31/202535,433631-1,037-1,031N/A12/31/202428,246488-414-409N/A9/30/202427,748426-339-334N/A6/30/202427,06773-550-547N/A3/31/202426,143-351-1,654-1,645N/A12/31/202322,442-460-1,273-1,262N/A9/30/202320,473-5771,1551,170N/A6/30/202319,185-4922,3502,373N/A3/31/202318,913-1953,1733,193N/A12/31/202223,41811,4681,525N/A9/30/202226,825163387440N/A6/30/202228,270201-835-785N/A3/31/202230,495228-902-847N/A12/31/202129,204164-1,002-971N/A9/30/202127,641109-577-544N/A6/30/202129,059110-800-774N/A3/31/202126,2778791110N/A12/31/202026,853101-104-97N/A9/30/202025,661140-272-263N/A6/30/202024,059127-143-131N/A3/31/202025,085134-1,773-1,757N/A12/31/201922,77181N/A251N/A9/30/201923,094-31N/A516N/A6/30/201924,396-106N/A544N/A3/31/201925,238-69N/A1,141N/A12/31/201826,262-124N/A47N/A9/30/201827,997-51N/A31N/A6/30/201829,05918N/A1,234N/A3/31/201829,73511N/A497N/A12/31/201730,65570N/A1,953N/A9/30/201732,357193N/A991N/A6/30/201732,37173N/A-1,745N/A3/31/201731,04815N/A-2,183N/A12/31/201630,20714N/A-2,675N/A9/30/201634,499-25N/A-2,733N/A6/30/201639,603219N/A-2,617N/A3/31/201641,424219N/A-354N/A12/31/201541,015220N/A-837N/A9/30/201532,207207N/A-697N/A6/30/201522,35978N/A1,164N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 8096の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 8096の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 8096の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 8096の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 8096の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 8096の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 05:00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CoAsia Electronics Corp. 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。0
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$119, the stock trades at a trailing P/E ratio of 69.4x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 963% over the past three years.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$10.2b (down 30% from 1Q 2025). Net income: NT$284.2m (up 76% from 1Q 2025). Profit margin: 2.8% (up from 1.1% in 1Q 2025). The increase in margin was driven by lower expenses.
お知らせ • Mar 30CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2026CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2026, at 09:00 Taipei Standard Time. Location: 1 floor building. f no,3, yuan ou st., nangang district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$61.00, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 413% over the past three years.
New Risk • Feb 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 51% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Feb 13Full year 2025 earnings released: EPS: NT$0.89 (vs NT$3.27 in FY 2024)Full year 2025 results: EPS: NT$0.89 (down from NT$3.27 in FY 2024). Revenue: NT$34.7b (up 23% from FY 2024). Net income: NT$132.6m (down 73% from FY 2024). Profit margin: 0.4% (down from 1.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 81% per year whereas the company’s share price has increased by 77% per year.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 449% over the past three years.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$54.20, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 366% over the past three years.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$47.20, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 312% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.001 (vs NT$1.80 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.001 (down from NT$1.80 in 3Q 2024). Revenue: NT$5.50b (down 20% from 3Q 2024). Net income: NT$150.0k (down 100% from 3Q 2024). Profit margin: 0% (down from 3.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 66% per year.
New Risk • Oct 29New 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 Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change).
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$57.90, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 419% over the past three years.
New Risk • Sep 26New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$44.75, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 255% over the past three years.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.1%).
Reported Earnings • Aug 08Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$1.01 profit in 2Q 2024)Second quarter 2025 results: NT$0.51 loss per share (down from NT$1.01 profit in 2Q 2024). Revenue: NT$6.84b (down 5.5% from 2Q 2024). Net loss: NT$75.6m (down 150% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (up from NT$0.13 in 1Q 2024). Revenue: NT$14.5b (up 98% from 1Q 2024). Net income: NT$161.9m (up NT$142.5m from 1Q 2024). Profit margin: 1.1% (up from 0.3% 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 32% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01CoAsia Electronics Corp. to Report Q1, 2025 Results on May 07, 2025CoAsia Electronics Corp. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$50.30, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 299% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$71.70, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 456% over the past three years.
New Risk • Mar 09New major risk - Revenue and earnings growthEarnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$64.10, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 422% over the past three years.
お知らせ • Feb 21CoAsia Electronics Corp., Annual General Meeting, May 23, 2025CoAsia Electronics Corp., Annual General Meeting, May 23, 2025. Location: 6 floor no,88, yen ch`ang rd., sinyi district, taipei city Taiwan
お知らせ • Feb 13CoAsia Electronics Corp. to Report Q4, 2024 Results on Feb 20, 2025CoAsia Electronics Corp. announced that they will report Q4, 2024 results on Feb 20, 2025
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.35, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 267% over the past three years.
New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$41.60, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 237% over the past three years.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.90, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$1.80 (vs NT$0.57 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$1.80 (up from NT$0.57 loss in 3Q 2023). Revenue: NT$6.85b (up 11% from 3Q 2023). Net income: NT$268.2m (up NT$353.1m from 3Q 2023). Profit margin: 3.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.
お知らせ • Oct 31CoAsia Electronics Corp. to Report Q3, 2024 Results on Nov 06, 2024CoAsia Electronics Corp. announced that they will report Q3, 2024 results on Nov 06, 2024
Board Change • Aug 13Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Chin-Sun Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.01 (vs NT$1.83 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$1.01 (up from NT$1.83 loss in 2Q 2023). Revenue: NT$7.23b (up 15% from 2Q 2023). Net income: NT$150.5m (up NT$423.7m from 2Q 2023). Profit margin: 2.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 27CoAsia Electronics Corp. to Report Q2, 2024 Results on Aug 05, 2024CoAsia Electronics Corp. announced that they will report Q2, 2024 results on Aug 05, 2024
お知らせ • Jun 27CoAsia Electronics Corp. Announces By-Election of Wang,Chin-Sun as Independent DirectorCoAsia Electronics Corp. announced the By-Election of Wang,Chin-Sun as Independent Director at the Company's 2024 Annual General Meeting held on June 26, 2024. Resume of the new position holder: Certified Public Accountant at Audit Department of KPMG Taiwan. Original term: June 26, 2024 to June 27, 2026. Effective date of the new appointment is June 26, 2024.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.60 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.60 loss in 1Q 2023). Revenue: NT$7.34b (up 102% from 1Q 2023). Net income: NT$19.5m (up NT$109.3m from 1Q 2023). Profit margin: 0.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. 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.
お知らせ • Apr 28CoAsia Electronics Corp. to Report Q1, 2024 Results on May 03, 2024CoAsia Electronics Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 03, 2024
お知らせ • Mar 30CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2024CoAsia Electronics Corp., Annual General Meeting, Jun 26, 2024. Location: 1F, F Bldg., Nangang Software Park No.3, Yuanqu St., Nangang District Taipei City Taiwan Agenda: To consider 2023 Annual Business Reports; to consider the Audit Committee reviews the 2023 annual financial statements report; to consider amendment to some provisions of the Rules and Procedures for Board of Directors Meetings; to acknowledgment of the 2023 Final Statements; to consider acknowledgment of the 2023 Profit and loss Appropriation Case; and to consider amendment to some provisions of the Procedures for Election of Directors.
New Risk • Mar 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 35% per year over the past 5 years.
Reported Earnings • Mar 06Full year 2023 earnings released: NT$3.08 loss per share (vs NT$0.007 profit in FY 2022)Full year 2023 results: NT$3.08 loss per share (down from NT$0.007 profit in FY 2022). Revenue: NT$22.4b (down 4.2% from FY 2022). Net loss: NT$460.1m (down NT$461.2m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.
New Risk • Dec 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 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks High level of debt (104% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (NT$2.00b market cap, or US$63.7m).
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). Market cap is less than US$100m (NT$1.54b market cap, or US$48.2m).
Reported Earnings • Aug 16Second quarter 2023 earnings released: NT$1.83 loss per share (vs NT$0.16 profit in 2Q 2022)Second quarter 2023 results: NT$1.83 loss per share (down from NT$0.16 profit in 2Q 2022). Revenue: NT$6.31b (up 4.5% from 2Q 2022). Net loss: NT$273.2m (down NT$297.6m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Aug 15Upcoming dividend of NT$0.03 per share at 0.3% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 26 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (3.4%).
New Risk • Jul 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Market cap is less than US$100m (NT$1.78b market cap, or US$56.8m).
New Risk • Jul 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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: 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$1.73b market cap, or US$55.5m).
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Chien-Li Chen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$0.01 (vs NT$1.10 in FY 2021)Full year 2022 results: EPS: NT$0.01 (down from NT$1.10 in FY 2021). Revenue: NT$23.4b (down 20% from FY 2021). Net income: NT$1.11m (down 99% from FY 2021). Profit margin: 0% (down from 0.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0 (vs NT$0.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$0 (down from NT$0.25 in 3Q 2021). Revenue: NT$4.88b (down 23% from 3Q 2021). Net income: NT$12.0k (down 100% from 3Q 2021). Profit margin: 0% (down from 0.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 16Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 27 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.17 (down from NT$0.36 in 2Q 2021). Revenue: NT$6.04b (down 27% from 2Q 2021). Net income: NT$24.4m (down 53% from 2Q 2021). Profit margin: 0.4% (down from 0.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.73 (vs NT$0.29 in 1Q 2021)First quarter 2022 results: EPS: NT$0.73 (up from NT$0.29 in 1Q 2021). Revenue: NT$8.14b (up 19% from 1Q 2021). Net income: NT$106.0m (up 151% from 1Q 2021). Profit margin: 1.3% (up from 0.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.13 (up from NT$0.70 in FY 2020). Revenue: NT$29.2b (up 8.8% from FY 2020). Net income: NT$164.3m (up 63% from FY 2020). Profit margin: 0.6% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.26 (vs NT$0.27 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: NT$6.32b (down 18% from 3Q 2020). Net income: NT$37.7m (down 3.4% from 3Q 2020). Profit margin: 0.6% (up from 0.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.20 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$8.26b (up 51% from 2Q 2020). Net income: NT$51.8m (up 83% from 2Q 2020). Profit margin: 0.6% (up from 0.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$15.55, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$10.40, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total loss to shareholders of 6.8% over the past three years.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.40 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$6.85b (down 7.7% from 1Q 2020). Net income: NT$42.3m (down 25% from 1Q 2020). Profit margin: 0.6% (down from 0.8% in 1Q 2020). 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 1% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 24CoAsia Electronics Corp.'s (GTSM:8096) Share Price Not Quite Adding UpWith a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...
Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$0.71 (vs NT$0.57 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$26.9b (up 18% from FY 2019). Net income: NT$101.1m (up 24% from FY 2019). Profit margin: 0.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • Feb 11Is There More Growth In Store For CoAsia Electronics' (GTSM:8096) Returns On Capital?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
分析記事 • Jan 14If You Had Bought CoAsia Electronics (GTSM:8096) Stock A Year Ago, You Could Pocket A 33% Gain TodayOne way to deal with stock volatility is to ensure you have a properly diverse portfolio. Of course, the aim of the...
分析記事 • Dec 24We're Not So Sure You Should Rely on CoAsia Electronics's (GTSM:8096) Statutory EarningsIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
分析記事 • Dec 03CoAsia Electronics (GTSM:8096) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is New 90 Day High Low • Dec 02New 90-day high: NT$13.65The company is up 3.0% from its price of NT$13.25 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 16% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.27The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.74b (up 26% from 3Q 2019). Net income: NT$39.0m (up 49% from 3Q 2019). Profit margin: 0.5% (up from 0.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.