Generalplus Technology（4952）株式概要综合科技股份有限公司（Generalplus Technology Inc.）は、台湾内外で集積回路製品の研究、開発、設計、製造、販売を行っている。 詳細4952 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金1/6リスク分析過去5年間で収益は年間31.6%減少しました。 1.86%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 利益率(5.5%)は昨年より低い(9.5%) すべてのリスクチェックを見る4952 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$53.90199.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04b2016201920222025202620282031Revenue NT$1.2bEarnings NT$64.2mAdvancedSet Fair ValueView all narrativesGeneralplus Technology Inc. 競合他社Asia Tech ImageSymbol: TPEX:4974Market cap: NT$5.5bRafael MicroelectronicsSymbol: TPEX:6568Market cap: NT$6.7bBright LED ElectronicsSymbol: TWSE:3031Market cap: NT$5.8bExcelliance MOSSymbol: TPEX:5299Market cap: NT$5.4b価格と性能株価の高値、安値、推移の概要Generalplus Technology過去の株価現在の株価NT$53.9052週高値NT$56.2052週安値NT$34.10ベータ0.461ヶ月の変化0.75%3ヶ月変化n/a1年変化22.92%3年間の変化-0.92%5年間の変化5.48%IPOからの変化-2.46%最新ニュースReported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.42 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.42 in 1Q 2025). Revenue: NT$586.8m (up 12% from 1Q 2025). Net income: NT$54.6m (up 19% from 1Q 2025). Profit margin: 9.3% (up from 8.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.65, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.New Risk • Mar 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 193% Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 34x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.8% over the past three years.お知らせ • Feb 26Generalplus Technology Inc., Annual General Meeting, May 27, 2026Generalplus Technology Inc., Annual General Meeting, May 27, 2026. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan最新情報をもっと見るRecent updatesReported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.42 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.42 in 1Q 2025). Revenue: NT$586.8m (up 12% from 1Q 2025). Net income: NT$54.6m (up 19% from 1Q 2025). Profit margin: 9.3% (up from 8.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.65, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.New Risk • Mar 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 193% Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 34x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.8% over the past three years.お知らせ • Feb 26Generalplus Technology Inc., Annual General Meeting, May 27, 2026Generalplus Technology Inc., Annual General Meeting, May 27, 2026. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.03 (vs NT$2.27 in FY 2024)Full year 2025 results: EPS: NT$1.03 (down from NT$2.27 in FY 2024). Revenue: NT$2.13b (down 14% from FY 2024). Net income: NT$112.4m (down 55% from FY 2024). Profit margin: 5.3% (down from 10.0% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.56 in 3Q 2024). Revenue: NT$478.8m (down 27% from 3Q 2024). Net income: NT$8.09m (down 87% from 3Q 2024). Profit margin: 1.7% (down from 9.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$45.45, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.7% over the past three years.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.51 (vs NT$1.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.51 (down from NT$1.09 in 2Q 2024). Revenue: NT$665.0m (down 16% from 2Q 2024). Net income: NT$56.0m (down 53% from 2Q 2024). Profit margin: 8.4% (down from 15% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 18Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 23 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.3%).Declared Dividend • Jun 04Dividend increased to NT$2.25Dividend of NT$2.25 is 73% higher than last year. Ex-date: 25th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is more than the 1.9% EPS growth achieved over the last 5 years.お知らせ • Jun 03Generalplus Technology Inc. Approves Cash Dividend, Payable on July 23, 2025Generalplus Technology Inc. Approved Cash Dividend of TWD 2.25 per share. Ex-rights (ex-dividend) trading date: June 25, 2025, Last date before book closure: June 26, 2025, Book closure starting date: June 27, 2025, Book closure ending date: July 1, 2025, Ex-rights (ex-dividend) record date: July 1, 2025, Payment date of common stock cash dividend distribution: July 23, 2025. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 2, 2025.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.56 in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (down from NT$0.56 in 1Q 2024). Revenue: NT$526.2m (down 3.2% from 1Q 2024). Net income: NT$46.0m (down 25% from 1Q 2024). Profit margin: 8.7% (down from 11% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Apr 30Generalplus Technology Inc. to Report Q1, 2025 Results on May 07, 2025Generalplus Technology Inc. announced that they will report Q1, 2025 results on May 07, 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$38.20, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 35% over the past three years.New Risk • Mar 20New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 114% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 114% Earnings have declined by 3.2% per year over the past 5 years.New Risk • Mar 01New major risk - Revenue and earnings growthEarnings have declined by 3.2% 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 3.2% 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.お知らせ • Feb 20Generalplus Technology Inc., Annual General Meeting, May 27, 2025Generalplus Technology Inc., Annual General Meeting, May 27, 2025. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwanお知らせ • Feb 13Generalplus Technology Inc. to Report Fiscal Year 2024 Results on Feb 19, 2025Generalplus Technology Inc. announced that they will report fiscal year 2024 results on Feb 19, 2025分析記事 • Dec 20Subdued Growth No Barrier To Generalplus Technology Inc.'s (TWSE:4952) PriceGeneralplus Technology Inc.'s ( TWSE:4952 ) price-to-earnings (or "P/E") ratio of 24.5x might make it look like a sell...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.50 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.56 (up from NT$0.50 in 3Q 2023). Revenue: NT$656.9m (up 12% from 3Q 2023). Net income: NT$60.9m (up 13% from 3Q 2023). Profit margin: 9.3% (up from 9.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Oct 30Generalplus Technology Inc. to Report Q3, 2024 Results on Nov 06, 2024Generalplus Technology Inc. announced that they will report Q3, 2024 results on Nov 06, 2024分析記事 • Sep 27Is Generalplus Technology (TWSE:4952) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$58.60, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 9.1% over the past three years.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.09 (up from NT$0.61 in 2Q 2023). Revenue: NT$791.0m (up 27% from 2Q 2023). Net income: NT$118.9m (up 79% from 2Q 2023). Profit margin: 15% (up from 11% 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 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.分析記事 • Aug 06Some Confidence Is Lacking In Generalplus Technology Inc. (TWSE:4952) As Shares Slide 26%Generalplus Technology Inc. ( TWSE:4952 ) shareholders won't be pleased to see that the share price has had a very...お知らせ • Jul 31Generalplus Technology Inc. to Report Q2, 2024 Results on Aug 07, 2024Generalplus Technology Inc. announced that they will report Q2, 2024 results on Aug 07, 2024分析記事 • Jul 22Calculating The Fair Value Of Generalplus Technology Inc. (TWSE:4952)Key Insights Using the 2 Stage Free Cash Flow to Equity, Generalplus Technology fair value estimate is NT$54.65 Current...Buy Or Sell Opportunity • Jul 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$67.00. The fair value is estimated to be NT$54.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 29%.New Risk • Jun 12New 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 6.7% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (8.8% net profit margin).分析記事 • Jun 07Generalplus Technology (TWSE:4952) Is Reducing Its Dividend To NT$1.30Generalplus Technology Inc. ( TWSE:4952 ) has announced that on 25th of July, it will be paying a dividend ofNT$1.30...Declared Dividend • Jun 07Dividend reduced to NT$1.30Dividend of NT$1.30 is 74% lower than last year. Ex-date: 25th June 2024 Payment date: 25th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 20% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.9% EPS decline seen over the last 5 years.分析記事 • May 21Generalplus Technology Inc.'s (TWSE:4952) 36% Share Price Surge Not Quite Adding UpGeneralplus Technology Inc. ( TWSE:4952 ) shareholders would be excited to see that the share price has had a great...Buy Or Sell Opportunity • May 20Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to NT$66.20. The fair value is estimated to be NT$53.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 29%.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.29 in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.29 in 1Q 2023). Revenue: NT$543.8m (up 19% from 1Q 2023). Net income: NT$61.2m (up 92% from 1Q 2023). Profit margin: 11% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 54% over the past three years.お知らせ • May 01Generalplus Technology Inc. to Report Q1, 2024 Results on May 08, 2024Generalplus Technology Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024Buy Or Sell Opportunity • Apr 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to NT$47.45. The fair value is estimated to be NT$59.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 15%.Reported Earnings • Feb 27Full year 2023 earnings released: EPS: NT$1.54 (vs NT$5.32 in FY 2022)Full year 2023 results: EPS: NT$1.54 (down from NT$5.32 in FY 2022). Revenue: NT$2.17b (down 32% from FY 2022). Net income: NT$168.0m (down 71% from FY 2022). Profit margin: 7.8% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 23+ 1 more updateGeneralplus Technology Inc., Annual General Meeting, May 24, 2024Generalplus Technology Inc., Annual General Meeting, May 24, 2024. Location: Darwin Hall, Science Park Life Hub No.1,Industrial East Road 2, Hsinchu Science Park Hsinchu Taiwan Agenda: To consider the 2023 Business Report; to consider Audit Committee's Review Report; to consider the Distribution of Employees' Bonus and Directors' Remuneration for 2023; to consider the Company's 2023 Business Report and Financial Statement; to consider the Company's 2023 Earnings Distribution.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.50 (vs NT$1.07 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.50 (down from NT$1.07 in 3Q 2022). Revenue: NT$587.7m (down 15% from 3Q 2022). Net income: NT$54.0m (down 54% from 3Q 2022). Profit margin: 9.2% (down from 17% in 3Q 2022). 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 increased by 10% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 228% Cash payout ratio: 250% Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.61 (vs NT$2.00 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.61 (down from NT$2.00 in 2Q 2022). Revenue: NT$625.4m (down 39% from 2Q 2022). Net income: NT$66.5m (down 69% from 2Q 2022). Profit margin: 11% (down from 21% in 2Q 2022). The decrease in margin was driven by lower 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 18% per year.Upcoming Dividend • Jun 24Upcoming dividend of NT$5.00 per share at 8.6% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 28 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 22Full year 2022 earnings released: EPS: NT$5.32 (vs NT$6.05 in FY 2021)Full year 2022 results: EPS: NT$5.32 (down from NT$6.05 in FY 2021). Revenue: NT$3.17b (down 12% from FY 2021). Net income: NT$579.4m (down 12% from FY 2021). Profit margin: 18% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.07 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.07 (down from NT$2.03 in 3Q 2021). Revenue: NT$689.9m (down 32% from 3Q 2021). Net income: NT$116.5m (down 47% from 3Q 2021). Profit margin: 17% (down from 22% 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 52% 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 • Aug 08Second quarter 2022 earnings released: EPS: NT$2.00 (vs NT$1.61 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.00 (up from NT$1.61 in 2Q 2021). Revenue: NT$1.02b (up 7.5% from 2Q 2021). Net income: NT$217.7m (up 24% from 2Q 2021). Profit margin: 21% (up from 19% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$58.80, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$64.50, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 129% over the past three years.Board Change • Jun 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jun 15Upcoming dividend of NT$5.40 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 19 July 2022. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.1%).お知らせ • Jun 09Generalplus Technology Inc. Announces Remuneration Committee ChangesGeneralplus Technology Inc. announces board resolution to appoint Members of Remuneration Committee. Name of the previous position holder: Ching-Ming Chen; Chia-Ming Chai; Nai-Shin Lai. Resume of the previous position holder: Ching-Ming Chen--Independent Director of Generalplus Technology Inc.; Chia-Ming Chai--Independent Director of Generalplus Technology Inc.; Nai-Shin Lai--Independent Director of Generalplus Technology Inc. Name of the new position holder: Ching-Ming Chen; Chia-Ming Chai; Nai-Shin Lai. Resume of the new position holder: Ching-Ming Chen--Independent Director of Generalplus Technology Inc.; Chia-Ming Chai--Independent Director of Generalplus Technology Inc.; Nai-Shin Lai--Independent Director of Generalplus Technology Inc. Effective date of the new member is June 8, 2022.お知らせ • Jun 07Generalplus Technology Inc. Approves Cash Dividend Distribution, Payable on July 19, 2022Generalplus Technology Inc. approved dividend distribution of TWD 5.4 per share. Ex-rights (ex-dividend) trading date is June 6, 2022. Last date before book closure is June 23, 2022. Book closure starting date is June 24, 2022. Book closure ending date is June 28, 2022. Ex-rights (ex-dividend) record date is June 28, 2022. Cash dividend payment date is July 19, 2022.Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$2.03 (up from NT$0.89 in 1Q 2021). Revenue: NT$971.1m (up 34% from 1Q 2021). Net income: NT$221.0m (up 128% from 1Q 2021). Profit margin: 23% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Vice Chairman S. R. Wang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$80.00, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 152% over the past three years.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$6.05 (up from NT$2.59 in FY 2020). Revenue: NT$3.58b (up 24% from FY 2020). Net income: NT$658.7m (up 134% from FY 2020). Profit margin: 18% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$2.03 (vs NT$0.91 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 18% from 3Q 2020). Net income: NT$220.7m (up 123% from 3Q 2020). Profit margin: 22% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$77.00, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 140% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.61 (vs NT$0.73 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$947.8m (up 27% from 2Q 2020). Net income: NT$175.4m (up 119% from 2Q 2020). Profit margin: 19% (up from 11% 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 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 04Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 07 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$70.70, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 109% over the past three years.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.15, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 19% over the past three years.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.89 (vs NT$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$724.9m (up 54% from 1Q 2020). Net income: NT$96.8m (up 403% from 1Q 2020). Profit margin: 13% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • Apr 18Generalplus Technology's (TPE:4952) Returns On Capital Tell Us There Is Reason To Feel UneasyWhat financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$56.50, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years.分析記事 • Mar 12Should You Buy Generalplus Technology Inc. (TPE:4952) For Its Dividend?Is Generalplus Technology Inc. ( TPE:4952 ) a good dividend stock? How can we tell? Dividend paying companies with...お知らせ • Mar 03Generalplus Technology Inc., Annual General Meeting, May 31, 2021Generalplus Technology Inc., Annual General Meeting, May 31, 2021.Reported Earnings • Feb 27Full year 2020 earnings released: EPS NT$2.59 (vs NT$2.06 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.90b (up 10% from FY 2019). Net income: NT$282.0m (up 26% from FY 2019). Profit margin: 9.7% (up from 8.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.分析記事 • Feb 22Generalplus Technology (TPE:4952) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$47.90, the stock is trading at a trailing P/E ratio of 23.2x, up from the previous P/E ratio of 20.1x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 16%.Is New 90 Day High Low • Feb 18New 90-day high: NT$44.60The company is up 18% from its price of NT$37.80 on 20 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 35% over the same period.分析記事 • Feb 04Generalplus Technology Inc.'s (TPE:4952) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Generalplus Technology's (TPE:4952) stock is up by a considerable 19% over the past three months. However, we decided...分析記事 • Jan 17Can Generalplus Technology (TPE:4952) Turn Things Around?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Is New 90 Day High Low • Jan 11New 90-day high: NT$44.10The company is up 27% from its price of NT$34.70 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Semiconductor industry, which is also up 27% over the same period.分析記事 • Dec 29Did You Miss Generalplus Technology's (TPE:4952) 25% Share Price Gain?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...分析記事 • Dec 10Is Generalplus Technology Inc. (TPE:4952) An Attractive Dividend Stock?Today we'll take a closer look at Generalplus Technology Inc. ( TPE:4952 ) from a dividend investor's perspective...分析記事 • Nov 23Generalplus Technology (TPE:4952) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Nov 09New 90-day high: NT$36.00The company is up 21% from its price of NT$29.85 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period.Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.91The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$854.9m (up 20% from 3Q 2019). Net income: NT$99.0m (up 49% from 3Q 2019). Profit margin: 12% (up from 9.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.Is New 90 Day High Low • Oct 08New 90-day high: NT$34.10The company is up 12% from its price of NT$30.40 on 10 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 18% over the same period.株主還元4952TW SemiconductorTW 市場7D7.2%-1.9%-1.2%1Y22.9%137.4%90.3%株主還元を見る業界別リターン: 4952過去 1 年間で137.4 % の収益を上げたTW Semiconductor業界を下回りました。リターン対市場: 4952は、過去 1 年間で90.3 % のリターンを上げたTW市場を下回りました。価格変動Is 4952's price volatile compared to industry and market?4952 volatility4952 Average Weekly Movement8.7%Semiconductor Industry Average Movement9.7%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 4952 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 4952の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004n/aKevin Chiawww.generalplus.comGeneralplus Technology Inc.は台湾および海外で集積回路製品の研究、開発、設計、製造、販売を行っている。チャンネル・スピーチ/トーン・シンセサイザー、サウンド・プロセッサー、コントローラー、ワンバッテリー・スピーチ・シンセサイザー、LCDコントローラーとドライバー、マルチメディア・プロセッサー、自動車用ビデオ・レコーダー、モーター、タッチ、ワイヤレス、リモート・コントローラー、その他マイクロコントローラー・ユニット、フラッシュメモリー製品、オーディオ・アンプ、リニア・レギュレーター、ADC、マイク・プリアンプ、I/Oバス・エクステンダー、USBブリッジとソケット・サーバー、タッチ・アプリケーション、USBヘッドセット・ソリューション、3軸加速度センサーなどを提供している。同社は1993年に設立され、台湾の新竹市に本社を置いている。もっと見るGeneralplus Technology Inc. 基礎のまとめGeneralplus Technology の収益と売上を時価総額と比較するとどうか。4952 基礎統計学時価総額NT$5.87b収益（TTM）NT$121.03m売上高(TTM)NT$2.19b48.5xPER（株価収益率2.7xP/Sレシオ4952 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4952 損益計算書（TTM）収益NT$2.19b売上原価NT$1.45b売上総利益NT$735.54mその他の費用NT$614.51m収益NT$121.03m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.11グロス・マージン33.61%純利益率5.53%有利子負債／自己資本比率6.2%4952 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り97%配当性向View Valuation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 21:01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Generalplus Technology Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Shangzhi WangCapital Securities Corporationnull nullCapital Securities CorporationChelsey SuMasterlink Securities Investment Advisory1 その他のアナリストを表示
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.42 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.42 in 1Q 2025). Revenue: NT$586.8m (up 12% from 1Q 2025). Net income: NT$54.6m (up 19% from 1Q 2025). Profit margin: 9.3% (up from 8.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.65, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.
New Risk • Mar 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 193% Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 34x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.8% over the past three years.
お知らせ • Feb 26Generalplus Technology Inc., Annual General Meeting, May 27, 2026Generalplus Technology Inc., Annual General Meeting, May 27, 2026. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.42 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.42 in 1Q 2025). Revenue: NT$586.8m (up 12% from 1Q 2025). Net income: NT$54.6m (up 19% from 1Q 2025). Profit margin: 9.3% (up from 8.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$48.65, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.
New Risk • Mar 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 193% Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 34x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.8% over the past three years.
お知らせ • Feb 26Generalplus Technology Inc., Annual General Meeting, May 27, 2026Generalplus Technology Inc., Annual General Meeting, May 27, 2026. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.03 (vs NT$2.27 in FY 2024)Full year 2025 results: EPS: NT$1.03 (down from NT$2.27 in FY 2024). Revenue: NT$2.13b (down 14% from FY 2024). Net income: NT$112.4m (down 55% from FY 2024). Profit margin: 5.3% (down from 10.0% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.56 in 3Q 2024). Revenue: NT$478.8m (down 27% from 3Q 2024). Net income: NT$8.09m (down 87% from 3Q 2024). Profit margin: 1.7% (down from 9.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$45.45, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 2.7% over the past three years.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.51 (vs NT$1.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.51 (down from NT$1.09 in 2Q 2024). Revenue: NT$665.0m (down 16% from 2Q 2024). Net income: NT$56.0m (down 53% from 2Q 2024). Profit margin: 8.4% (down from 15% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 18Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 23 July 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.3%).
Declared Dividend • Jun 04Dividend increased to NT$2.25Dividend of NT$2.25 is 73% higher than last year. Ex-date: 25th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is more than the 1.9% EPS growth achieved over the last 5 years.
お知らせ • Jun 03Generalplus Technology Inc. Approves Cash Dividend, Payable on July 23, 2025Generalplus Technology Inc. Approved Cash Dividend of TWD 2.25 per share. Ex-rights (ex-dividend) trading date: June 25, 2025, Last date before book closure: June 26, 2025, Book closure starting date: June 27, 2025, Book closure ending date: July 1, 2025, Ex-rights (ex-dividend) record date: July 1, 2025, Payment date of common stock cash dividend distribution: July 23, 2025. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 2, 2025.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.56 in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (down from NT$0.56 in 1Q 2024). Revenue: NT$526.2m (down 3.2% from 1Q 2024). Net income: NT$46.0m (down 25% from 1Q 2024). Profit margin: 8.7% (down from 11% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 30Generalplus Technology Inc. to Report Q1, 2025 Results on May 07, 2025Generalplus Technology Inc. announced that they will report Q1, 2025 results on May 07, 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$38.20, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 35% over the past three years.
New Risk • Mar 20New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 114% Dividend yield: 4.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Cash payout ratio: 114% Earnings have declined by 3.2% per year over the past 5 years.
New Risk • Mar 01New major risk - Revenue and earnings growthEarnings have declined by 3.2% 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 3.2% 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.
お知らせ • Feb 20Generalplus Technology Inc., Annual General Meeting, May 27, 2025Generalplus Technology Inc., Annual General Meeting, May 27, 2025. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
お知らせ • Feb 13Generalplus Technology Inc. to Report Fiscal Year 2024 Results on Feb 19, 2025Generalplus Technology Inc. announced that they will report fiscal year 2024 results on Feb 19, 2025
分析記事 • Dec 20Subdued Growth No Barrier To Generalplus Technology Inc.'s (TWSE:4952) PriceGeneralplus Technology Inc.'s ( TWSE:4952 ) price-to-earnings (or "P/E") ratio of 24.5x might make it look like a sell...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.50 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.56 (up from NT$0.50 in 3Q 2023). Revenue: NT$656.9m (up 12% from 3Q 2023). Net income: NT$60.9m (up 13% from 3Q 2023). Profit margin: 9.3% (up from 9.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 30Generalplus Technology Inc. to Report Q3, 2024 Results on Nov 06, 2024Generalplus Technology Inc. announced that they will report Q3, 2024 results on Nov 06, 2024
分析記事 • Sep 27Is Generalplus Technology (TWSE:4952) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$58.60, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 9.1% over the past three years.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.09 (up from NT$0.61 in 2Q 2023). Revenue: NT$791.0m (up 27% from 2Q 2023). Net income: NT$118.9m (up 79% from 2Q 2023). Profit margin: 15% (up from 11% 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 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 06Some Confidence Is Lacking In Generalplus Technology Inc. (TWSE:4952) As Shares Slide 26%Generalplus Technology Inc. ( TWSE:4952 ) shareholders won't be pleased to see that the share price has had a very...
お知らせ • Jul 31Generalplus Technology Inc. to Report Q2, 2024 Results on Aug 07, 2024Generalplus Technology Inc. announced that they will report Q2, 2024 results on Aug 07, 2024
分析記事 • Jul 22Calculating The Fair Value Of Generalplus Technology Inc. (TWSE:4952)Key Insights Using the 2 Stage Free Cash Flow to Equity, Generalplus Technology fair value estimate is NT$54.65 Current...
Buy Or Sell Opportunity • Jul 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$67.00. The fair value is estimated to be NT$54.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 29%.
New Risk • Jun 12New 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 6.7% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (8.8% net profit margin).
分析記事 • Jun 07Generalplus Technology (TWSE:4952) Is Reducing Its Dividend To NT$1.30Generalplus Technology Inc. ( TWSE:4952 ) has announced that on 25th of July, it will be paying a dividend ofNT$1.30...
Declared Dividend • Jun 07Dividend reduced to NT$1.30Dividend of NT$1.30 is 74% lower than last year. Ex-date: 25th June 2024 Payment date: 25th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 20% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.9% EPS decline seen over the last 5 years.
分析記事 • May 21Generalplus Technology Inc.'s (TWSE:4952) 36% Share Price Surge Not Quite Adding UpGeneralplus Technology Inc. ( TWSE:4952 ) shareholders would be excited to see that the share price has had a great...
Buy Or Sell Opportunity • May 20Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to NT$66.20. The fair value is estimated to be NT$53.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 29%.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.29 in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.29 in 1Q 2023). Revenue: NT$543.8m (up 19% from 1Q 2023). Net income: NT$61.2m (up 92% from 1Q 2023). Profit margin: 11% (up from 7.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 54% over the past three years.
お知らせ • May 01Generalplus Technology Inc. to Report Q1, 2024 Results on May 08, 2024Generalplus Technology Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024
Buy Or Sell Opportunity • Apr 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to NT$47.45. The fair value is estimated to be NT$59.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 15%.
Reported Earnings • Feb 27Full year 2023 earnings released: EPS: NT$1.54 (vs NT$5.32 in FY 2022)Full year 2023 results: EPS: NT$1.54 (down from NT$5.32 in FY 2022). Revenue: NT$2.17b (down 32% from FY 2022). Net income: NT$168.0m (down 71% from FY 2022). Profit margin: 7.8% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 23+ 1 more updateGeneralplus Technology Inc., Annual General Meeting, May 24, 2024Generalplus Technology Inc., Annual General Meeting, May 24, 2024. Location: Darwin Hall, Science Park Life Hub No.1,Industrial East Road 2, Hsinchu Science Park Hsinchu Taiwan Agenda: To consider the 2023 Business Report; to consider Audit Committee's Review Report; to consider the Distribution of Employees' Bonus and Directors' Remuneration for 2023; to consider the Company's 2023 Business Report and Financial Statement; to consider the Company's 2023 Earnings Distribution.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.50 (vs NT$1.07 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.50 (down from NT$1.07 in 3Q 2022). Revenue: NT$587.7m (down 15% from 3Q 2022). Net income: NT$54.0m (down 54% from 3Q 2022). Profit margin: 9.2% (down from 17% in 3Q 2022). 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 increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 228% Cash payout ratio: 250% Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.61 (vs NT$2.00 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.61 (down from NT$2.00 in 2Q 2022). Revenue: NT$625.4m (down 39% from 2Q 2022). Net income: NT$66.5m (down 69% from 2Q 2022). Profit margin: 11% (down from 21% in 2Q 2022). The decrease in margin was driven by lower 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 18% per year.
Upcoming Dividend • Jun 24Upcoming dividend of NT$5.00 per share at 8.6% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 28 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: NT$5.32 (vs NT$6.05 in FY 2021)Full year 2022 results: EPS: NT$5.32 (down from NT$6.05 in FY 2021). Revenue: NT$3.17b (down 12% from FY 2021). Net income: NT$579.4m (down 12% from FY 2021). Profit margin: 18% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.07 (vs NT$2.03 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.07 (down from NT$2.03 in 3Q 2021). Revenue: NT$689.9m (down 32% from 3Q 2021). Net income: NT$116.5m (down 47% from 3Q 2021). Profit margin: 17% (down from 22% 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 52% 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 • Aug 08Second quarter 2022 earnings released: EPS: NT$2.00 (vs NT$1.61 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.00 (up from NT$1.61 in 2Q 2021). Revenue: NT$1.02b (up 7.5% from 2Q 2021). Net income: NT$217.7m (up 24% from 2Q 2021). Profit margin: 21% (up from 19% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$58.80, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$64.50, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 129% over the past three years.
Board Change • Jun 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President & Director Kevin Chia was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jun 15Upcoming dividend of NT$5.40 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 19 July 2022. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.1%).
お知らせ • Jun 09Generalplus Technology Inc. Announces Remuneration Committee ChangesGeneralplus Technology Inc. announces board resolution to appoint Members of Remuneration Committee. Name of the previous position holder: Ching-Ming Chen; Chia-Ming Chai; Nai-Shin Lai. Resume of the previous position holder: Ching-Ming Chen--Independent Director of Generalplus Technology Inc.; Chia-Ming Chai--Independent Director of Generalplus Technology Inc.; Nai-Shin Lai--Independent Director of Generalplus Technology Inc. Name of the new position holder: Ching-Ming Chen; Chia-Ming Chai; Nai-Shin Lai. Resume of the new position holder: Ching-Ming Chen--Independent Director of Generalplus Technology Inc.; Chia-Ming Chai--Independent Director of Generalplus Technology Inc.; Nai-Shin Lai--Independent Director of Generalplus Technology Inc. Effective date of the new member is June 8, 2022.
お知らせ • Jun 07Generalplus Technology Inc. Approves Cash Dividend Distribution, Payable on July 19, 2022Generalplus Technology Inc. approved dividend distribution of TWD 5.4 per share. Ex-rights (ex-dividend) trading date is June 6, 2022. Last date before book closure is June 23, 2022. Book closure starting date is June 24, 2022. Book closure ending date is June 28, 2022. Ex-rights (ex-dividend) record date is June 28, 2022. Cash dividend payment date is July 19, 2022.
Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$2.03 (up from NT$0.89 in 1Q 2021). Revenue: NT$971.1m (up 34% from 1Q 2021). Net income: NT$221.0m (up 128% from 1Q 2021). Profit margin: 23% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Vice Chairman S. R. Wang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$80.00, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 152% over the past three years.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$6.05 (up from NT$2.59 in FY 2020). Revenue: NT$3.58b (up 24% from FY 2020). Net income: NT$658.7m (up 134% from FY 2020). Profit margin: 18% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$2.03 (vs NT$0.91 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 18% from 3Q 2020). Net income: NT$220.7m (up 123% from 3Q 2020). Profit margin: 22% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$77.00, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 140% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.61 (vs NT$0.73 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$947.8m (up 27% from 2Q 2020). Net income: NT$175.4m (up 119% from 2Q 2020). Profit margin: 19% (up from 11% 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 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 04Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 07 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$70.70, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 109% over the past three years.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.15, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.89 (vs NT$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$724.9m (up 54% from 1Q 2020). Net income: NT$96.8m (up 403% from 1Q 2020). Profit margin: 13% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • Apr 18Generalplus Technology's (TPE:4952) Returns On Capital Tell Us There Is Reason To Feel UneasyWhat financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$56.50, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 45% over the past three years.
分析記事 • Mar 12Should You Buy Generalplus Technology Inc. (TPE:4952) For Its Dividend?Is Generalplus Technology Inc. ( TPE:4952 ) a good dividend stock? How can we tell? Dividend paying companies with...
お知らせ • Mar 03Generalplus Technology Inc., Annual General Meeting, May 31, 2021Generalplus Technology Inc., Annual General Meeting, May 31, 2021.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS NT$2.59 (vs NT$2.06 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.90b (up 10% from FY 2019). Net income: NT$282.0m (up 26% from FY 2019). Profit margin: 9.7% (up from 8.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 22Generalplus Technology (TPE:4952) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$47.90, the stock is trading at a trailing P/E ratio of 23.2x, up from the previous P/E ratio of 20.1x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 16%.
Is New 90 Day High Low • Feb 18New 90-day high: NT$44.60The company is up 18% from its price of NT$37.80 on 20 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 35% over the same period.
分析記事 • Feb 04Generalplus Technology Inc.'s (TPE:4952) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Generalplus Technology's (TPE:4952) stock is up by a considerable 19% over the past three months. However, we decided...
分析記事 • Jan 17Can Generalplus Technology (TPE:4952) Turn Things Around?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Is New 90 Day High Low • Jan 11New 90-day high: NT$44.10The company is up 27% from its price of NT$34.70 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Semiconductor industry, which is also up 27% over the same period.
分析記事 • Dec 29Did You Miss Generalplus Technology's (TPE:4952) 25% Share Price Gain?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...
分析記事 • Dec 10Is Generalplus Technology Inc. (TPE:4952) An Attractive Dividend Stock?Today we'll take a closer look at Generalplus Technology Inc. ( TPE:4952 ) from a dividend investor's perspective...
分析記事 • Nov 23Generalplus Technology (TPE:4952) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Nov 09New 90-day high: NT$36.00The company is up 21% from its price of NT$29.85 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period.
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.91The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$854.9m (up 20% from 3Q 2019). Net income: NT$99.0m (up 49% from 3Q 2019). Profit margin: 12% (up from 9.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.
Is New 90 Day High Low • Oct 08New 90-day high: NT$34.10The company is up 12% from its price of NT$30.40 on 10 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 18% over the same period.
