View Financial HealthBright LED Electronics 配当と自社株買い配当金 基準チェック /46Bright LED Electronics配当を支払う会社であり、現在の利回りは2.96%で、収益によって十分にカバーされています。主要情報3.0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長7.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向90%最近の配当と自社株買いの更新Declared Dividend • Jul 04Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 2.9% over the last 5 years so the company would need to reverse this trend.分析記事 • Jul 05Bright LED Electronics (TWSE:3031) Is Paying Out Less In Dividends Than Last YearBright LED Electronics Corp. ( TWSE:3031 ) is reducing its dividend from last year's comparable payment to NT$0.80 on...Declared Dividend • Jul 05Dividend reduced to NT$0.80Dividend of NT$0.80 is 5.9% lower than last year. Ex-date: 17th July 2024 Payment date: 14th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 04Upcoming dividend of NT$0.85 per share at 4.1% yieldEligible shareholders must have bought the stock before 11 July 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).お知らせ • Jun 28Bright LED Electronics Corp. Announces Cash Dividend, Payable on August 07 2023Bright LED Electronics Corp. announced Cash dividend of TWD 0.85 per share. record date: 2023 July 17, Payment date of cash dividend distribution:2023 August 07.Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$33.75, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 105% over the past three years.Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.13 (vs NT$0.10 in 1Q 2025)First quarter 2026 results: EPS: NT$0.13 (up from NT$0.10 in 1Q 2025). Revenue: NT$285.3m (up 14% from 1Q 2025). Net income: NT$22.6m (up 27% from 1Q 2025). Profit margin: 7.9% (up from 7.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change).Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.35, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 40x in the Semiconductor industry in Taiwan. Total returns to shareholders of 70% over the past three years.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.09 (vs NT$1.09 in FY 2024)Full year 2025 results: EPS: NT$1.09 (in line with FY 2024). Revenue: NT$1.14b (down 3.0% from FY 2024). Net income: NT$188.6m (flat on FY 2024). Profit margin: 17% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 0.9% 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 0.9% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (99% payout ratio).お知らせ • Mar 13Bright LED Electronics Corp., Annual General Meeting, Jun 08, 2026Bright LED Electronics Corp., Annual General Meeting, Jun 08, 2026. Location: 1 floor no,15, huo p`ing rd., banciao district, new taipei city TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.45 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.15 (down from NT$0.45 in 3Q 2024). Revenue: NT$299.6m (up 5.7% from 3Q 2024). Net income: NT$26.1m (down 67% from 3Q 2024). Profit margin: 8.7% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$19.90, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.64 (up from NT$0.33 in 2Q 2024). Revenue: NT$285.1m (down 19% from 2Q 2024). Net income: NT$110.8m (up 96% from 2Q 2024). Profit margin: 39% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.New Risk • Jul 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.86b (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (100% payout ratio). Market cap is less than US$100m (NT$2.86b market cap, or US$97.0m).Declared Dividend • Jul 04Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 2.9% over the last 5 years so the company would need to reverse this trend.Buy Or Sell Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$19.45. The fair value is estimated to be NT$24.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years, while earnings per share has been flat.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.19 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$0.19 in 1Q 2024). Revenue: NT$249.1m (down 7.2% from 1Q 2024). Net income: NT$17.7m (down 45% from 1Q 2024). Profit margin: 7.1% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.お知らせ • May 01Bright LED Electronics Corp. to Report Q1, 2025 Results on May 09, 2025Bright LED Electronics Corp. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$16.30, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 7.8% over the past three years.New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$94.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Market cap is less than US$100m (NT$3.13b market cap, or US$94.8m).Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.09 (vs NT$1.05 in FY 2023)Full year 2024 results: EPS: NT$1.09 (up from NT$1.05 in FY 2023). Revenue: NT$1.18b (up 4.0% from FY 2023). Net income: NT$188.7m (up 3.9% from FY 2023). Profit margin: 16% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.お知らせ • Mar 14Bright LED Electronics Corp., Annual General Meeting, Jun 03, 2025Bright LED Electronics Corp., Annual General Meeting, Jun 03, 2025. Location: 1 floor no,15, huo p`ing rd., banciao district, new taipei city Taiwanお知らせ • Mar 06Bright LED Electronics Corp. to Report Fiscal Year 2024 Results on Mar 13, 2025Bright LED Electronics Corp. announced that they will report fiscal year 2024 results on Mar 13, 2025Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$24.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.45 (vs NT$0.26 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.45 (up from NT$0.26 in 3Q 2023). Revenue: NT$283.4m (up 11% from 3Q 2023). Net income: NT$78.7m (up 75% from 3Q 2023). Profit margin: 28% (up from 18% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.分析記事 • Oct 16Bright LED Electronics' (TWSE:3031) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$23.30, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 21% over the past three years.New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 0.9% 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 0.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.14 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.14 in 2Q 2023). Revenue: NT$352.5m (up 27% from 2Q 2023). Net income: NT$56.6m (up 140% from 2Q 2023). Profit margin: 16% (up from 8.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.分析記事 • Aug 09Is Bright LED Electronics (TWSE:3031) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$93.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Market cap is less than US$100m (NT$3.04b market cap, or US$93.1m).お知らせ • Aug 02Bright LED Electronics Corp. to Report Q2, 2024 Results on Aug 09, 2024Bright LED Electronics Corp. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 05Bright LED Electronics (TWSE:3031) Is Paying Out Less In Dividends Than Last YearBright LED Electronics Corp. ( TWSE:3031 ) is reducing its dividend from last year's comparable payment to NT$0.80 on...Declared Dividend • Jul 05Dividend reduced to NT$0.80Dividend of NT$0.80 is 5.9% lower than last year. Ex-date: 17th July 2024 Payment date: 14th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.19 (vs NT$0.23 in 1Q 2023)First quarter 2024 results: EPS: NT$0.19 (down from NT$0.23 in 1Q 2023). Revenue: NT$268.4m (down 16% from 1Q 2023). Net income: NT$32.4m (down 18% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 05Bright LED Electronics Corp. to Report Q1, 2024 Results on May 10, 2024Bright LED Electronics Corp. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.05 (vs NT$1.16 in FY 2022)Full year 2023 results: EPS: NT$1.05 (down from NT$1.16 in FY 2022). Revenue: NT$1.13b (down 25% from FY 2022). Net income: NT$181.5m (down 9.4% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Mar 16Bright LED Electronics Corp., Annual General Meeting, Jun 12, 2024Bright LED Electronics Corp., Annual General Meeting, Jun 12, 2024. Location: 1F, No.15, Heping Rd., Banqiao Dist., New Taipei City Taiwan Agenda: The 2023 Business Report; to consider the Audit Committee Review Report on the 2023 Financial Statements; to consider the 2023 distribution of remuneration to employees and directors; to report on Cash Dividends of Earnings for 2023; to consider cause for convening the meeting; to consider the proposal of 2023 Business Report and financial statements; to consider the 2023 proposed profit distribution; and to transact other business.Buying Opportunity • Sep 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$21.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.Buying Opportunity • Aug 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.New Risk • Jul 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.7m).Upcoming Dividend • Jul 04Upcoming dividend of NT$0.85 per share at 4.1% yieldEligible shareholders must have bought the stock before 11 July 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).お知らせ • Jun 28Bright LED Electronics Corp. Announces Cash Dividend, Payable on August 07 2023Bright LED Electronics Corp. announced Cash dividend of TWD 0.85 per share. record date: 2023 July 17, Payment date of cash dividend distribution:2023 August 07.Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$22.80, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 79% over the past three years.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.16 (vs NT$1.45 in FY 2021)Full year 2022 results: EPS: NT$1.16 (down from NT$1.45 in FY 2021). Revenue: NT$1.51b (down 1.5% from FY 2021). Net income: NT$200.4m (down 20% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.20 (vs NT$0.27 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.20 (down from NT$0.27 in 3Q 2021). Revenue: NT$388.5m (up 3.3% from 3Q 2021). Net income: NT$33.8m (down 28% from 3Q 2021). Profit margin: 8.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ming-Chang Huang was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.20 (vs NT$0.27 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.20 (down from NT$0.27 in 3Q 2021). Revenue: NT$388.5m (up 3.3% from 3Q 2021). Net income: NT$33.8m (down 28% from 3Q 2021). Profit margin: 8.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.60 (down from NT$0.69 in 2Q 2021). Revenue: NT$457.8m (up 2.8% from 2Q 2021). Net income: NT$103.8m (down 12% from 2Q 2021). Profit margin: 23% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.お知らせ • Aug 13+ 1 more updateBright LED Electronics Corp. Appoints Hsin-Pei Liao as Head of Corporate Governance and Chief Sustainability OfficerBright LED Electronics Corp. appointed Hsin-Pei Liao/Director of Operation Management as Head of Corporate Governance and Chief Sustainability Officer, effective date is August 11, 20222.Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).お知らせ • Jun 09Bright LED Electronics Corp. Announces Cash Dividend, Payable on July 22, 2022Bright LED Electronics Corp. announced cash dividend of NTD 1 per share with Ex-dividend record date July 02, 2022 and Cash dividend payment date to be July 22, 2022.お知らせ • Jun 07+ 1 more updateBright LED Electronics Corp. Announces Establishment of an Audit CommitteeBright LED Electronics Corp. announced establishment of an audit committee with Ming-Chang Huang, Chwen-Shell Ho, Zheng-Yi Lin, Chih-Yuan Chang. Ming-Chang Huang: Professor of Physics, Chung Yuan Chris-tian University, Chwen-Shell Ho: Associate Professor of Physics, Chung Yuan Chris-tian University, Zheng-Yi Lin: Representative, Li-Liu Accounting firm and Chih-Yuan Chang: Secretary General, The Allied Association for Science Park Industries. Effective date of the new member is June 6, 2022.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.28 in 1Q 2021)First quarter 2022 results: EPS: NT$0.05 (down from NT$0.28 in 1Q 2021). Revenue: NT$328.0m (down 2.4% from 1Q 2021). Net income: NT$9.31m (down 80% from 1Q 2021). Profit margin: 2.8% (down from 14% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ming-Chang Huang was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$1.45 (vs NT$0.74 in FY 2020)Full year 2021 results: EPS: NT$1.45 (up from NT$0.74 in FY 2020). Revenue: NT$1.53b (up 11% from FY 2020). Net income: NT$249.2m (up 95% from FY 2020). Profit margin: 16% (up from 9.3% 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 20% per year whereas the company’s share price has increased by 21% per year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.22 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$376.0m (flat on 3Q 2020). Net income: NT$47.0m (up 23% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$26.60, the stock trades at a trailing P/E ratio of 18.8x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.27 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$445.2m (up 26% from 2Q 2020). Net income: NT$117.9m (up 155% from 2Q 2020). Profit margin: 27% (up from 13% 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 14% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$25.10, the stock trades at a trailing P/E ratio of 25.2x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 111% over the past three years.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.20, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 74% over the past three years.Upcoming Dividend • Jun 25Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 02 July 2021. Payment date: 30 July 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$17.35, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$336.2m (up 26% from 1Q 2020). Net income: NT$47.4m (up NT$43.2m from 1Q 2020). Profit margin: 14% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$18.40, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past three years.分析記事 • Apr 22Should You Buy Bright LED Electronics Corp. (TPE:3031) For Its Dividend?Dividend paying stocks like Bright LED Electronics Corp. ( TPE:3031 ) tend to be popular with investors, and for good...分析記事 • Apr 07A Look At The Intrinsic Value Of Bright LED Electronics Corp. (TPE:3031)Today we will run through one way of estimating the intrinsic value of Bright LED Electronics Corp. ( TPE:3031 ) by...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.74 (vs NT$1.28 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.38b (down 22% from FY 2019). Net income: NT$128.1m (down 45% from FY 2019). Profit margin: 9.3% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.分析記事 • Mar 23Is Bright LED Electronics (TPE:3031) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Mar 19Bright LED Electronics Corp., Annual General Meeting, Jun 07, 2021Bright LED Electronics Corp., Annual General Meeting, Jun 07, 2021. Location: 1F No. 15, Heping Rd.,Banqiao Dist. New Taipei City Taiwan Agenda: To consider the 2020 Business Report; to consider Supervisors' Review Reports on the 2020 Financial Statements; to consider the 2020 distribution of remuneration to employees and directors; to consider Report on Cash Dividends of Earnings for 2020.分析記事 • Mar 05Bright LED Electronics Corp. (TPE:3031) On An Uptrend: Could Fundamentals Be Driving The Stock?Most readers would already know that Bright LED Electronics' (TPE:3031) stock increased by 6.0% over the past three...分析記事 • Feb 14What Can The Trends At Bright LED Electronics (TPE:3031) Tell Us About Their Returns?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Jan 27Did You Participate In Any Of Bright LED Electronics' (TPE:3031) Fantastic 116% Return ?The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...分析記事 • Jan 09Is Bright LED Electronics Corp. (TPE:3031) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Bright LED Electronics Corp. ( TPE:3031 ) tend to be popular with investors, and for good...Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$17.40, the stock is trading at a trailing P/E ratio of 21.7x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 15%.Is New 90 Day High Low • Jan 01New 90-day high: NT$15.85The company is up 18% from its price of NT$13.40 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 25% over the same period.分析記事 • Dec 15Bright LED Electronics (TPE:3031) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Dec 09New 90-day high: NT$15.05The company is up 1.0% from its price of NT$14.85 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 25% over the same period.分析記事 • Nov 27Bright LED Electronics Corp.'s (TPE:3031) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?Bright LED Electronics' (TPE:3031) stock is up by a considerable 8.1% over the past month. As most would know...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.22The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$377.8m (down 20% from 3Q 2019). Net income: NT$38.2m (down 55% from 3Q 2019). Profit margin: 10% (down from 18% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.決済の安定と成長配当データの取得安定した配当: 3031の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3031の配当金は過去10年間にわたって増加しています。配当利回り対市場Bright LED Electronics 配当利回り対市場3031 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (3031)3.0%市場下位25% (TW)1.4%市場トップ25% (TW)5.0%業界平均 (Semiconductor)1.1%アナリスト予想 (3031) (最長3年)n/a注目すべき配当: 3031の配当金 ( 2.96% ) はTW市場の配当金支払者の下位 25% ( 1.4% ) よりも高くなっています。高配当: 3031の配当金 ( 2.96% ) はTW市場の配当金支払者の上位 25% ( 4.97% ) と比較すると低いです。株主への利益配当収益カバレッジ: 現在の配当性向（ 89.5% ）では、 3031の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 現在の現金配当性向（ 76.5% ）では、 3031の配当金はキャッシュフローによって賄われています。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 12:12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Bright LED 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。3 アナリスト機関Xi Hao BauCapital Securities CorporationZhilong YenMasterlink Securities Investment AdvisorySi FuSinoPac Securities Investment Service
Declared Dividend • Jul 04Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 2.9% over the last 5 years so the company would need to reverse this trend.
分析記事 • Jul 05Bright LED Electronics (TWSE:3031) Is Paying Out Less In Dividends Than Last YearBright LED Electronics Corp. ( TWSE:3031 ) is reducing its dividend from last year's comparable payment to NT$0.80 on...
Declared Dividend • Jul 05Dividend reduced to NT$0.80Dividend of NT$0.80 is 5.9% lower than last year. Ex-date: 17th July 2024 Payment date: 14th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 04Upcoming dividend of NT$0.85 per share at 4.1% yieldEligible shareholders must have bought the stock before 11 July 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
お知らせ • Jun 28Bright LED Electronics Corp. Announces Cash Dividend, Payable on August 07 2023Bright LED Electronics Corp. announced Cash dividend of TWD 0.85 per share. record date: 2023 July 17, Payment date of cash dividend distribution:2023 August 07.
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$33.75, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 41x in the Semiconductor industry in Taiwan. Total returns to shareholders of 105% over the past three years.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.13 (vs NT$0.10 in 1Q 2025)First quarter 2026 results: EPS: NT$0.13 (up from NT$0.10 in 1Q 2025). Revenue: NT$285.3m (up 14% from 1Q 2025). Net income: NT$22.6m (up 27% from 1Q 2025). Profit margin: 7.9% (up from 7.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change).
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.35, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 40x in the Semiconductor industry in Taiwan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.09 (vs NT$1.09 in FY 2024)Full year 2025 results: EPS: NT$1.09 (in line with FY 2024). Revenue: NT$1.14b (down 3.0% from FY 2024). Net income: NT$188.6m (flat on FY 2024). Profit margin: 17% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 0.9% 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 0.9% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (99% payout ratio).
お知らせ • Mar 13Bright LED Electronics Corp., Annual General Meeting, Jun 08, 2026Bright LED Electronics Corp., Annual General Meeting, Jun 08, 2026. Location: 1 floor no,15, huo p`ing rd., banciao district, new taipei city Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.45 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.15 (down from NT$0.45 in 3Q 2024). Revenue: NT$299.6m (up 5.7% from 3Q 2024). Net income: NT$26.1m (down 67% from 3Q 2024). Profit margin: 8.7% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$19.90, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.64 (up from NT$0.33 in 2Q 2024). Revenue: NT$285.1m (down 19% from 2Q 2024). Net income: NT$110.8m (up 96% from 2Q 2024). Profit margin: 39% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
New Risk • Jul 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.86b (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (100% payout ratio). Market cap is less than US$100m (NT$2.86b market cap, or US$97.0m).
Declared Dividend • Jul 04Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 2.9% over the last 5 years so the company would need to reverse this trend.
Buy Or Sell Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$19.45. The fair value is estimated to be NT$24.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years, while earnings per share has been flat.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.19 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$0.19 in 1Q 2024). Revenue: NT$249.1m (down 7.2% from 1Q 2024). Net income: NT$17.7m (down 45% from 1Q 2024). Profit margin: 7.1% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.
お知らせ • May 01Bright LED Electronics Corp. to Report Q1, 2025 Results on May 09, 2025Bright LED Electronics Corp. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$16.30, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 7.8% over the past three years.
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$94.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Market cap is less than US$100m (NT$3.13b market cap, or US$94.8m).
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.09 (vs NT$1.05 in FY 2023)Full year 2024 results: EPS: NT$1.09 (up from NT$1.05 in FY 2023). Revenue: NT$1.18b (up 4.0% from FY 2023). Net income: NT$188.7m (up 3.9% from FY 2023). Profit margin: 16% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
お知らせ • Mar 14Bright LED Electronics Corp., Annual General Meeting, Jun 03, 2025Bright LED Electronics Corp., Annual General Meeting, Jun 03, 2025. Location: 1 floor no,15, huo p`ing rd., banciao district, new taipei city Taiwan
お知らせ • Mar 06Bright LED Electronics Corp. to Report Fiscal Year 2024 Results on Mar 13, 2025Bright LED Electronics Corp. announced that they will report fiscal year 2024 results on Mar 13, 2025
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$24.80, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 12% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.45 (vs NT$0.26 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.45 (up from NT$0.26 in 3Q 2023). Revenue: NT$283.4m (up 11% from 3Q 2023). Net income: NT$78.7m (up 75% from 3Q 2023). Profit margin: 28% (up from 18% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
分析記事 • Oct 16Bright LED Electronics' (TWSE:3031) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$23.30, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 21% over the past three years.
New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 0.9% 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 0.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.14 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.14 in 2Q 2023). Revenue: NT$352.5m (up 27% from 2Q 2023). Net income: NT$56.6m (up 140% from 2Q 2023). Profit margin: 16% (up from 8.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.
分析記事 • Aug 09Is Bright LED Electronics (TWSE:3031) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$93.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Market cap is less than US$100m (NT$3.04b market cap, or US$93.1m).
お知らせ • Aug 02Bright LED Electronics Corp. to Report Q2, 2024 Results on Aug 09, 2024Bright LED Electronics Corp. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 05Bright LED Electronics (TWSE:3031) Is Paying Out Less In Dividends Than Last YearBright LED Electronics Corp. ( TWSE:3031 ) is reducing its dividend from last year's comparable payment to NT$0.80 on...
Declared Dividend • Jul 05Dividend reduced to NT$0.80Dividend of NT$0.80 is 5.9% lower than last year. Ex-date: 17th July 2024 Payment date: 14th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.19 (vs NT$0.23 in 1Q 2023)First quarter 2024 results: EPS: NT$0.19 (down from NT$0.23 in 1Q 2023). Revenue: NT$268.4m (down 16% from 1Q 2023). Net income: NT$32.4m (down 18% from 1Q 2023). Profit margin: 12% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 05Bright LED Electronics Corp. to Report Q1, 2024 Results on May 10, 2024Bright LED Electronics Corp. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.05 (vs NT$1.16 in FY 2022)Full year 2023 results: EPS: NT$1.05 (down from NT$1.16 in FY 2022). Revenue: NT$1.13b (down 25% from FY 2022). Net income: NT$181.5m (down 9.4% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Mar 16Bright LED Electronics Corp., Annual General Meeting, Jun 12, 2024Bright LED Electronics Corp., Annual General Meeting, Jun 12, 2024. Location: 1F, No.15, Heping Rd., Banqiao Dist., New Taipei City Taiwan Agenda: The 2023 Business Report; to consider the Audit Committee Review Report on the 2023 Financial Statements; to consider the 2023 distribution of remuneration to employees and directors; to report on Cash Dividends of Earnings for 2023; to consider cause for convening the meeting; to consider the proposal of 2023 Business Report and financial statements; to consider the 2023 proposed profit distribution; and to transact other business.
Buying Opportunity • Sep 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$21.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.
Buying Opportunity • Aug 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%.
New Risk • Jul 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.7m).
Upcoming Dividend • Jul 04Upcoming dividend of NT$0.85 per share at 4.1% yieldEligible shareholders must have bought the stock before 11 July 2023. Payment date: 07 August 2023. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
お知らせ • Jun 28Bright LED Electronics Corp. Announces Cash Dividend, Payable on August 07 2023Bright LED Electronics Corp. announced Cash dividend of TWD 0.85 per share. record date: 2023 July 17, Payment date of cash dividend distribution:2023 August 07.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$22.80, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.16 (vs NT$1.45 in FY 2021)Full year 2022 results: EPS: NT$1.16 (down from NT$1.45 in FY 2021). Revenue: NT$1.51b (down 1.5% from FY 2021). Net income: NT$200.4m (down 20% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.20 (vs NT$0.27 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.20 (down from NT$0.27 in 3Q 2021). Revenue: NT$388.5m (up 3.3% from 3Q 2021). Net income: NT$33.8m (down 28% from 3Q 2021). Profit margin: 8.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ming-Chang Huang was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.20 (vs NT$0.27 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.20 (down from NT$0.27 in 3Q 2021). Revenue: NT$388.5m (up 3.3% from 3Q 2021). Net income: NT$33.8m (down 28% from 3Q 2021). Profit margin: 8.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.60 (down from NT$0.69 in 2Q 2021). Revenue: NT$457.8m (up 2.8% from 2Q 2021). Net income: NT$103.8m (down 12% from 2Q 2021). Profit margin: 23% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Aug 13+ 1 more updateBright LED Electronics Corp. Appoints Hsin-Pei Liao as Head of Corporate Governance and Chief Sustainability OfficerBright LED Electronics Corp. appointed Hsin-Pei Liao/Director of Operation Management as Head of Corporate Governance and Chief Sustainability Officer, effective date is August 11, 20222.
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 22 July 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.3%).
お知らせ • Jun 09Bright LED Electronics Corp. Announces Cash Dividend, Payable on July 22, 2022Bright LED Electronics Corp. announced cash dividend of NTD 1 per share with Ex-dividend record date July 02, 2022 and Cash dividend payment date to be July 22, 2022.
お知らせ • Jun 07+ 1 more updateBright LED Electronics Corp. Announces Establishment of an Audit CommitteeBright LED Electronics Corp. announced establishment of an audit committee with Ming-Chang Huang, Chwen-Shell Ho, Zheng-Yi Lin, Chih-Yuan Chang. Ming-Chang Huang: Professor of Physics, Chung Yuan Chris-tian University, Chwen-Shell Ho: Associate Professor of Physics, Chung Yuan Chris-tian University, Zheng-Yi Lin: Representative, Li-Liu Accounting firm and Chih-Yuan Chang: Secretary General, The Allied Association for Science Park Industries. Effective date of the new member is June 6, 2022.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.28 in 1Q 2021)First quarter 2022 results: EPS: NT$0.05 (down from NT$0.28 in 1Q 2021). Revenue: NT$328.0m (down 2.4% from 1Q 2021). Net income: NT$9.31m (down 80% from 1Q 2021). Profit margin: 2.8% (down from 14% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Ming-Chang Huang was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$1.45 (vs NT$0.74 in FY 2020)Full year 2021 results: EPS: NT$1.45 (up from NT$0.74 in FY 2020). Revenue: NT$1.53b (up 11% from FY 2020). Net income: NT$249.2m (up 95% from FY 2020). Profit margin: 16% (up from 9.3% 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 20% per year whereas the company’s share price has increased by 21% per year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.22 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$376.0m (flat on 3Q 2020). Net income: NT$47.0m (up 23% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$26.60, the stock trades at a trailing P/E ratio of 18.8x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.27 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$445.2m (up 26% from 2Q 2020). Net income: NT$117.9m (up 155% from 2Q 2020). Profit margin: 27% (up from 13% 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 14% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$25.10, the stock trades at a trailing P/E ratio of 25.2x. Average forward P/E is 16x in the Semiconductor industry in Taiwan. Total returns to shareholders of 111% over the past three years.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.20, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 74% over the past three years.
Upcoming Dividend • Jun 25Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 02 July 2021. Payment date: 30 July 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$17.35, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$336.2m (up 26% from 1Q 2020). Net income: NT$47.4m (up NT$43.2m from 1Q 2020). Profit margin: 14% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$18.40, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past three years.
分析記事 • Apr 22Should You Buy Bright LED Electronics Corp. (TPE:3031) For Its Dividend?Dividend paying stocks like Bright LED Electronics Corp. ( TPE:3031 ) tend to be popular with investors, and for good...
分析記事 • Apr 07A Look At The Intrinsic Value Of Bright LED Electronics Corp. (TPE:3031)Today we will run through one way of estimating the intrinsic value of Bright LED Electronics Corp. ( TPE:3031 ) by...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.74 (vs NT$1.28 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.38b (down 22% from FY 2019). Net income: NT$128.1m (down 45% from FY 2019). Profit margin: 9.3% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
分析記事 • Mar 23Is Bright LED Electronics (TPE:3031) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Mar 19Bright LED Electronics Corp., Annual General Meeting, Jun 07, 2021Bright LED Electronics Corp., Annual General Meeting, Jun 07, 2021. Location: 1F No. 15, Heping Rd.,Banqiao Dist. New Taipei City Taiwan Agenda: To consider the 2020 Business Report; to consider Supervisors' Review Reports on the 2020 Financial Statements; to consider the 2020 distribution of remuneration to employees and directors; to consider Report on Cash Dividends of Earnings for 2020.
分析記事 • Mar 05Bright LED Electronics Corp. (TPE:3031) On An Uptrend: Could Fundamentals Be Driving The Stock?Most readers would already know that Bright LED Electronics' (TPE:3031) stock increased by 6.0% over the past three...
分析記事 • Feb 14What Can The Trends At Bright LED Electronics (TPE:3031) Tell Us About Their Returns?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Jan 27Did You Participate In Any Of Bright LED Electronics' (TPE:3031) Fantastic 116% Return ?The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
分析記事 • Jan 09Is Bright LED Electronics Corp. (TPE:3031) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Bright LED Electronics Corp. ( TPE:3031 ) tend to be popular with investors, and for good...
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$17.40, the stock is trading at a trailing P/E ratio of 21.7x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 15%.
Is New 90 Day High Low • Jan 01New 90-day high: NT$15.85The company is up 18% from its price of NT$13.40 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 25% over the same period.
分析記事 • Dec 15Bright LED Electronics (TPE:3031) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Dec 09New 90-day high: NT$15.05The company is up 1.0% from its price of NT$14.85 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 25% over the same period.
分析記事 • Nov 27Bright LED Electronics Corp.'s (TPE:3031) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?Bright LED Electronics' (TPE:3031) stock is up by a considerable 8.1% over the past month. As most would know...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.22The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$377.8m (down 20% from 3Q 2019). Net income: NT$38.2m (down 55% from 3Q 2019). Profit margin: 10% (down from 18% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.