View Future GrowthRichWave Technology 過去の業績過去 基準チェック /46RichWave Technologyの収益は年間平均-45.7%の割合で減少していますが、 Semiconductor業界の収益は年間 減少しています。収益は年間5.2% 11.1%割合で 減少しています。 RichWave Technologyの自己資本利益率は9.7%であり、純利益率は7.1%です。主要情報-45.75%収益成長率-46.81%EPS成長率Semiconductor 業界の成長19.89%収益成長率-11.14%株主資本利益率9.72%ネット・マージン7.10%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$0.58 (up from NT$0.28 in 1Q 2025). Revenue: NT$930.2m (up 9.5% from 1Q 2025). Net income: NT$53.5m (up 108% from 1Q 2025). Profit margin: 5.8% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 03Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.40 (up from NT$0.19 loss in 3Q 2024). Revenue: NT$985.9m (up 8.5% from 3Q 2024). Net income: NT$129.5m (up NT$146.9m from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% 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 01Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: NT$0.32 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$974.4m (down 3.7% from 2Q 2024). Net loss: NT$29.1m (down 138% from profit in 2Q 2024). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 01First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.28 (down from NT$0.31 in 1Q 2024). Revenue: NT$849.4m (down 1.3% from 1Q 2024). Net income: NT$25.8m (down 7.2% from 1Q 2024). Profit margin: 3.0% (down from 3.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Apr 23RichWave Technology Corporation to Report Q1, 2025 Results on Apr 30, 2025RichWave Technology Corporation announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Feb 21RichWave Technology Corporation to Report Fiscal Year 2024 Results on Feb 27, 2025RichWave Technology Corporation announced that they will report fiscal year 2024 results on Feb 27, 2025すべての更新を表示Recent updatesNew Risk • May 30New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% 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 • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$0.58 (up from NT$0.28 in 1Q 2025). Revenue: NT$930.2m (up 9.5% from 1Q 2025). Net income: NT$53.5m (up 108% from 1Q 2025). Profit margin: 5.8% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.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$123, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Semiconductor industry in Taiwan. Total loss to shareholders of 27% over the past three years.Major Estimate Revision • Mar 13Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.57b to NT$4.36b. EPS estimate also fell from NT$6.59 per share to NT$5.35 per share. Net income forecast to grow 101% next year vs 43% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$203 to NT$148. Share price fell 8.7% to NT$105 over the past week.Price Target Changed • Mar 09Price target decreased by 31% to NT$148Down from NT$215, the current price target is an average from 2 analysts. New target price is 42% above last closing price of NT$104. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$5.35 for next year compared to NT$2.66 last year.お知らせ • Mar 06RichWave Technology Corporation, Annual General Meeting, May 28, 2026RichWave Technology Corporation, Annual General Meeting, May 28, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanNew Risk • Mar 06New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Major Estimate Revision • Nov 06Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$3.98b to NT$3.82b. EPS estimate also fell from NT$2.88 per share to NT$2.46 per share. Net income forecast to grow 145% next year vs 32% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$200 unchanged from last update. Share price fell 7.2% to NT$149 over the past week.Reported Earnings • Nov 03Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.40 (up from NT$0.19 loss in 3Q 2024). Revenue: NT$985.9m (up 8.5% from 3Q 2024). Net income: NT$129.5m (up NT$146.9m from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 21Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.2%).Reported Earnings • Aug 01Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: NT$0.32 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$974.4m (down 3.7% from 2Q 2024). Net loss: NT$29.1m (down 138% from profit in 2Q 2024). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 01First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.28 (down from NT$0.31 in 1Q 2024). Revenue: NT$849.4m (down 1.3% from 1Q 2024). Net income: NT$25.8m (down 7.2% from 1Q 2024). Profit margin: 3.0% (down from 3.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Apr 23RichWave Technology Corporation to Report Q1, 2025 Results on Apr 30, 2025RichWave Technology Corporation announced that they will report Q1, 2025 results on Apr 30, 2025Major Estimate Revision • Apr 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$5.12 to NT$4.38. Revenue forecast unchanged from NT$4.28b at last update. Net income forecast to grow 76% next year vs 23% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$217 unchanged from last update. Share price rose 3.7% to NT$139 over the past week.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$134, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 32% over the past three years.分析記事 • Mar 31Some Investors May Be Worried About RichWave Technology's (TWSE:4968) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Price Target Changed • Mar 15Price target decreased by 8.7% to NT$217Down from NT$238, the current price target is an average from 2 analysts. New target price is 17% above last closing price of NT$187. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$5.12 for next year compared to NT$1.73 last year.New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 48% 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 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Major Estimate Revision • Mar 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$5.02b to NT$4.75b. EPS estimate also fell from NT$6.03 per share to NT$5.12 per share. Net income forecast to grow 680% next year vs 19% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$238 to NT$228. Share price was steady at NT$197 over the past week.お知らせ • Mar 03RichWave Technology Corporation, Annual General Meeting, May 29, 2025RichWave Technology Corporation, Annual General Meeting, May 29, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwanお知らせ • Feb 28Richwave Technology Corporation Proposes Cash Dividends for the Period of January 1, 2024 to December 31, 2024RichWave Technology Corporation proposed cash dividends for the period of January 1, 2024 to December 31, 2024 of TWD 1.1 per share or TWD 101,104,529.お知らせ • Feb 21RichWave Technology Corporation to Report Fiscal Year 2024 Results on Feb 27, 2025RichWave Technology Corporation announced that they will report fiscal year 2024 results on Feb 27, 2025分析記事 • Feb 19Is RichWave Technology (TWSE:4968) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Dec 27RichWave Technology Corporation Announces Establishment of Sustainability Development Committee and Its MembersRichWave Technology Corporation announced the establishment of the Sustainability Development Committee and its Members effective December 26, 2024. Members: Shih-Chi Wang (President of the Company); Chia-Ying Ma (Independent Director of the Company); and Wen-Hsiang Lu (Independent Director of the Company). The term of the members starts from the date of appointment and ends on the day the current Board of Directors' term expires.分析記事 • Nov 29Revenues Not Telling The Story For RichWave Technology Corporation (TWSE:4968) After Shares Rise 25%RichWave Technology Corporation ( TWSE:4968 ) shareholders would be excited to see that the share price has had a great...分析記事 • Nov 05RichWave Technology Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextLast week, you might have seen that RichWave Technology Corporation ( TWSE:4968 ) released its quarterly result to the...Price Target Changed • Nov 04Price target decreased by 9.9% to NT$223Down from NT$248, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$158. Stock is up 23% over the past year. The company is forecast to post earnings per share of NT$1.05 next year compared to a net loss per share of NT$2.46 last year.Reported Earnings • Nov 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: NT$0.19 loss per share (improved from NT$0.50 loss in 3Q 2023). Revenue: NT$908.8m (up 23% from 3Q 2023). Net loss: NT$17.5m (loss narrowed 61% from 3Q 2023). Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.お知らせ • Oct 24RichWave Technology Corporation to Report Q3, 2024 Results on Oct 31, 2024RichWave Technology Corporation announced that they will report Q3, 2024 results on Oct 31, 2024Buy Or Sell Opportunity • Sep 12Now 23% overvaluedOver the last 90 days, the stock has fallen 21% to NT$172. The fair value is estimated to be NT$140, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in a year. Earnings are forecast to grow by 1,349% in the next year.分析記事 • Aug 05RichWave Technology Corporation's (TWSE:4968) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of InvestorsRichWave Technology Corporation ( TWSE:4968 ) shareholders won't be pleased to see that the share price has had a very...New Risk • Jul 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 27Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.84 (up from NT$0.60 loss in 2Q 2023). Revenue: NT$1.01b (up 37% from 2Q 2023). Net income: NT$75.9m (up NT$130.4m from 2Q 2023). Profit margin: 7.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 181%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.お知らせ • Jul 18RichWave Technology Corporation to Report Q2, 2024 Results on Jul 25, 2024RichWave Technology Corporation announced that they will report Q2, 2024 results on Jul 25, 2024分析記事 • Jun 20Market Participants Recognise RichWave Technology Corporation's (TWSE:4968) Revenues Pushing Shares 28% HigherRichWave Technology Corporation ( TWSE:4968 ) shares have had a really impressive month, gaining 28% after a shaky...分析記事 • Jun 13Health Check: How Prudently Does RichWave Technology (TWSE:4968) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Apr 28Results: RichWave Technology Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsIt's been a good week for RichWave Technology Corporation ( TWSE:4968 ) shareholders, because the company has just...Price Target Changed • Apr 27Price target decreased by 14% to NT$193Down from NT$224, the current price target is an average from 3 analysts. New target price is 12% above last closing price of NT$173. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of NT$3.67 next year compared to a net loss per share of NT$2.46 last year.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.99 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.31 (up from NT$0.99 loss in 1Q 2023). Revenue: NT$860.7m (up 35% from 1Q 2023). Net income: NT$27.8m (up NT$116.7m from 1Q 2023). Profit margin: 3.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.分析記事 • Apr 22Why We're Not Concerned Yet About RichWave Technology Corporation's (TWSE:4968) 28% Share Price PlungeRichWave Technology Corporation ( TWSE:4968 ) shares have had a horrible month, losing 28% after a relatively good...Reported Earnings • Mar 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: NT$2.46 loss per share (down from NT$0.62 profit in FY 2022). Revenue: NT$2.98b (down 13% from FY 2022). Net loss: NT$222.3m (down NT$277.3m from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.お知らせ • Mar 01RichWave Technology Corporation, Annual General Meeting, May 29, 2024RichWave Technology Corporation, Annual General Meeting, May 29, 2024. Location: 1F,No.399, RuiGuang Road, Neihu Dist., Taipei Taipei Taiwan Agenda: To report operating result of 2023; to report 2023 employees' profit sharing and directors compensation; to consider Audit Committee's review report; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the proposal for distribution of 2023 earnings; and to discuss other matters.分析記事 • Feb 27RichWave Technology Corporation (TWSE:4968) Stocks Shoot Up 26% But Its P/S Still Looks ReasonableDespite an already strong run, RichWave Technology Corporation ( TWSE:4968 ) shares have been powering on, with a gain...New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 29Third quarter 2023 earnings released: NT$0.50 loss per share (vs NT$1.10 profit in 3Q 2022)Third quarter 2023 results: NT$0.50 loss per share (down from NT$1.10 profit in 3Q 2022). Revenue: NT$738.4m (down 18% from 3Q 2022). Net loss: NT$45.0m (down 146% from profit in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Price Target Changed • Aug 09Price target decreased by 8.5% to NT$168Down from NT$183, the current price target is an average from 3 analysts. New target price is 5.2% above last closing price of NT$160. Stock is up 20% over the past year. The company is forecast to post a net loss per share of NT$1.30 compared to earnings per share of NT$0.62 last year.Reported Earnings • Jul 29Second quarter 2023 earnings released: NT$0.60 loss per share (vs NT$0.43 profit in 2Q 2022)Second quarter 2023 results: NT$0.60 loss per share (down from NT$0.43 profit in 2Q 2022). Revenue: NT$738.0m (down 16% from 2Q 2022). Net loss: NT$54.5m (down 244% from profit in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 30Price target increased by 33% to NT$122Up from NT$91.67, the current price target is an average from 4 analysts. New target price is 28% below last closing price of NT$171. Stock is down 16% over the past year. The company posted earnings per share of NT$0.62 last year.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: NT$0.62 (vs NT$5.26 in FY 2021)Full year 2022 results: EPS: NT$0.62 (down from NT$5.26 in FY 2021). Revenue: NT$3.43b (down 36% from FY 2021). Net income: NT$55.1m (down 88% from FY 2021). Profit margin: 1.6% (down from 8.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Michael Ma was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: NT$1.10 (vs NT$0.33 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.10 (up from NT$0.33 in 3Q 2021). Revenue: NT$896.1m (down 13% from 3Q 2021). Net income: NT$97.3m (up 238% from 3Q 2021). Profit margin: 11% (up from 2.8% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Price Target Changed • Oct 01Price target decreased to NT$190Down from NT$206, the current price target is provided by 1 analyst. New target price is 95% above last closing price of NT$97.50. Stock is down 56% over the past year. The company posted earnings per share of NT$5.26 last year.Price Target Changed • Aug 02Price target increased to NT$206Up from NT$193, the current price target is provided by 1 analyst. New target price is 53% above last closing price of NT$135. Stock is down 53% over the past year. The company posted earnings per share of NT$5.26 last year.Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$2.85 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$2.85 in 2Q 2021). Revenue: NT$876.5m (down 50% from 2Q 2021). Net income: NT$37.9m (down 85% from 2Q 2021). Profit margin: 4.3% (down from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$143, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 126% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: NT$0.04 (vs NT$2.90 in 1Q 2021)First quarter 2022 results: EPS: NT$0.04 (down from NT$2.90 in 1Q 2021). Revenue: NT$862.7m (down 51% from 1Q 2021). Net income: NT$3.13m (down 99% from 1Q 2021). Profit margin: 0.4% (down from 15% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Michael Ma was the last independent director to join the board, commencing their role in 2019. 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 • Apr 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$202, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 464% over the past three years.Price Target Changed • Mar 02Price target decreased to NT$263Down from NT$295, the current price target is provided by 1 analyst. New target price is 22% above last closing price of NT$217. Stock is down 47% over the past year. The company posted earnings per share of NT$5.26 last year.Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$5.26 (down from NT$9.88 in FY 2020). Revenue: NT$5.32b (flat on FY 2020). Net income: NT$465.5m (down 46% from FY 2020). Profit margin: 8.8% (down from 16% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27Richwave Technology Corporation Proposes Cash DividendRichWave Technology Corporation proposed earnings in cash dividends to shareholders of TWD 3.5 with total amount of cash distributed to shareholders of TWD 309,641,171.お知らせ • Feb 26RichWave Technology Corporation, Annual General Meeting, May 26, 2022RichWave Technology Corporation, Annual General Meeting, May 26, 2022. Location: 1F,No.399, RuiGuang Road, Neihu Dist. Taipei Taiwan Agenda: To report the business of 2021; to consider Audit Committee's review report; to report 2021 employees' profit sharing and directors' compensation; to consider Adoption of the 2021 Business Report and Financial Statements; to revise the Articles of Incorporation; to revise the Procedures for Acquisition or Disposal of Assets; and to consider other matters.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$335, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 998% over the past three years.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.33 (vs NT$3.50 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.03b (down 39% from 3Q 2020). Net income: NT$28.8m (down 91% from 3Q 2020). Profit margin: 2.8% (down from 18% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$279, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,080% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$210, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 720% over the past three years.Upcoming Dividend • Sep 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 04 November 2021. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.1%).Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$3.98 (vs NT$2.97 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.73b (up 45% from 2Q 2020). Net income: NT$251.7m (up 37% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 06Price target decreased to NT$475Down from NT$534, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$395. Stock is up 43% over the past year.Price Target Changed • Jun 02Price target increased to NT$556Up from NT$483, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$501. Stock is up 186% over the past year.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$443, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 631% over the past three years.Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$4.06 (vs NT$0.70 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.74b (up 110% from 1Q 2020). Net income: NT$256.6m (up 495% from 1Q 2020). Profit margin: 15% (up from 5.2% 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 66% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 28With EPS Growth And More, RichWave Technology (TPE:4968) Is InterestingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$543, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 769% over the past three years.分析記事 • Mar 05Will RichWave Technology (TPE:4968) Repeat Its Return Growth Of The Past?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Price Target Changed • Mar 01Price target raised to NT$463Up from NT$425, the current price target is provided by 1 analyst. The new target price is 21% below the current share price of NT$583. As of last close, the stock is up 254% over the past year.お知らせ • Feb 26RichWave Technology Corporation, Annual General Meeting, May 27, 2021RichWave Technology Corporation, Annual General Meeting, May 27, 2021. Location: 1F,No.399, RuiGuang Road, Taipei Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review report of 2020 financial statements; to consider 2020 employees' profit sharing bonus and directors' compensation; and to consider other matters.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$13.82 (vs NT$3.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.35b (up 95% from FY 2019). Net income: NT$866.2m (up 354% from FY 2019). Profit margin: 16% (up from 6.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 12Are Strong Financial Prospects The Force That Is Driving The Momentum In RichWave Technology Corporation's TPE:4968) Stock?Most readers would already be aware that RichWave Technology's (TPE:4968) stock increased significantly by 96% over the...お知らせ • Feb 06Richwave Technology Corporation Announces the Retirement of Hui-Ching,Chien as Research and Development OfficerRichWave Technology Corporation announces the retirement of HUI-CHING,CHIEN as research and development officer, date of change is February 5, 2021.分析記事 • Jan 28With EPS Growth And More, RichWave Technology (TPE:4968) Is InterestingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Jan 13Is Now An Opportune Moment To Examine RichWave Technology Corporation (TPE:4968)?RichWave Technology Corporation ( TPE:4968 ), might not be a large cap stock, but it led the TSEC gainers with a...Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$505, the stock is trading at a trailing P/E ratio of 54.2x, up from the previous P/E ratio of 44.5x. 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 552%.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$476, the stock is trading at a trailing P/E ratio of 51x, up from the previous P/E ratio of 43.5x. 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 516%.Is New 90 Day High Low • Jan 04New 90-day high: NT$406The company is up 66% from its price of NT$245 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period.分析記事 • Dec 28RichWave Technology (TPE:4968) Is Growing Earnings But Are They A Good Guide?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$389, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 36x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 364%.Is New 90 Day High Low • Dec 16New 90-day high: NT$372The company is up 56% from its price of NT$238 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period.分析記事 • Dec 10RichWave Technology (TPE:4968) Has Rewarded Shareholders With An Exceptional 424% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...分析記事 • Nov 23Under The Bonnet, RichWave Technology's (TPE:4968) Returns Look ImpressiveWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to NT$352, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.1x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 271%.Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 17% share price gain to NT$330, the stock is trading at a trailing P/E ratio of 35.4x, up from the previous P/E ratio of 30.3x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 245%.Is New 90 Day High Low • Nov 09New 90-day high: NT$284The company is up 4.0% from its price of NT$274 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.収支内訳RichWave Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:4968 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 263,84227346567331 Dec 253,76224546266430 Sep 253,70819647466030 Jun 253,6305047965331 Mar 253,66815547767931 Dec 243,67915746968630 Sep 243,6535245068630 Jun 243,4822544568031 Mar 243,208-10644766331 Dec 232,985-22244665430 Sep 232,907-27245464030 Jun 233,065-12946563231 Mar 233,204-3746463131 Dec 223,4295547360230 Sep 223,4496745757430 Jun 223,579-243955231 Mar 224,43721246052631 Dec 215,31646647353930 Sep 216,14186647354430 Jun 216,8001,14747354331 Mar 216,2611,08042754831 Dec 205,35086637751430 Sep 204,54558235949430 Jun 203,68536934046331 Mar 203,15524533642331 Dec 192,75019134239930 Sep 192,52218533736930 Jun 192,36714332236031 Mar 192,41313033035431 Dec 182,65017731634830 Sep 182,75719630835030 Jun 182,79420130334831 Mar 182,73822828034231 Dec 172,66614229834030 Sep 172,55813431732330 Jun 172,40910531930331 Mar 172,2777631928631 Dec 162,16215027527430 Sep 162,01712423928530 Jun 161,92514521827131 Mar 161,83114419125231 Dec 151,71614618023230 Sep 151,59514414820530 Jun 151,48197126198質の高い収益: 4968は 高品質の収益 を持っています。利益率の向上: 4968の現在の純利益率 (7.1%)は、昨年(4.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4968の収益は過去 5 年間で年間45.7%減少しました。成長の加速: 4968の過去 1 年間の収益成長率 ( 76.5% ) は、5 年間の平均 ( 年間-45.7%を上回っています。収益対業界: 4968の過去 1 年間の収益成長率 ( 76.5% ) はSemiconductor業界3.4%を上回りました。株主資本利益率高いROE: 4968の 自己資本利益率 ( 9.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health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2026/06/18 16:48終値2026/06/18 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RichWave Technology Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Jackson ChiangKGI Securities Co. Ltd.Chelsey SuMasterlink Securities Investment AdvisoryWen-wen WangSinoPac Securities Investment Service1 その他のアナリストを表示
Reported Earnings • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$0.58 (up from NT$0.28 in 1Q 2025). Revenue: NT$930.2m (up 9.5% from 1Q 2025). Net income: NT$53.5m (up 108% from 1Q 2025). Profit margin: 5.8% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 03Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.40 (up from NT$0.19 loss in 3Q 2024). Revenue: NT$985.9m (up 8.5% from 3Q 2024). Net income: NT$129.5m (up NT$146.9m from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% 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 01Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: NT$0.32 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$974.4m (down 3.7% from 2Q 2024). Net loss: NT$29.1m (down 138% from profit in 2Q 2024). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 01First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.28 (down from NT$0.31 in 1Q 2024). Revenue: NT$849.4m (down 1.3% from 1Q 2024). Net income: NT$25.8m (down 7.2% from 1Q 2024). Profit margin: 3.0% (down from 3.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Apr 23RichWave Technology Corporation to Report Q1, 2025 Results on Apr 30, 2025RichWave Technology Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Feb 21RichWave Technology Corporation to Report Fiscal Year 2024 Results on Feb 27, 2025RichWave Technology Corporation announced that they will report fiscal year 2024 results on Feb 27, 2025
New Risk • May 30New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% 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 • May 05First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$0.58 (up from NT$0.28 in 1Q 2025). Revenue: NT$930.2m (up 9.5% from 1Q 2025). Net income: NT$53.5m (up 108% from 1Q 2025). Profit margin: 5.8% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 39%. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
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$123, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Semiconductor industry in Taiwan. Total loss to shareholders of 27% over the past three years.
Major Estimate Revision • Mar 13Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$4.57b to NT$4.36b. EPS estimate also fell from NT$6.59 per share to NT$5.35 per share. Net income forecast to grow 101% next year vs 43% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$203 to NT$148. Share price fell 8.7% to NT$105 over the past week.
Price Target Changed • Mar 09Price target decreased by 31% to NT$148Down from NT$215, the current price target is an average from 2 analysts. New target price is 42% above last closing price of NT$104. Stock is down 48% over the past year. The company is forecast to post earnings per share of NT$5.35 for next year compared to NT$2.66 last year.
お知らせ • Mar 06RichWave Technology Corporation, Annual General Meeting, May 28, 2026RichWave Technology Corporation, Annual General Meeting, May 28, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
New Risk • Mar 06New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Nov 06Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$3.98b to NT$3.82b. EPS estimate also fell from NT$2.88 per share to NT$2.46 per share. Net income forecast to grow 145% next year vs 32% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$200 unchanged from last update. Share price fell 7.2% to NT$149 over the past week.
Reported Earnings • Nov 03Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$1.40 (up from NT$0.19 loss in 3Q 2024). Revenue: NT$985.9m (up 8.5% from 3Q 2024). Net income: NT$129.5m (up NT$146.9m from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 21Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.2%).
Reported Earnings • Aug 01Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: NT$0.32 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$974.4m (down 3.7% from 2Q 2024). Net loss: NT$29.1m (down 138% from profit in 2Q 2024). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 01First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$0.28 (down from NT$0.31 in 1Q 2024). Revenue: NT$849.4m (down 1.3% from 1Q 2024). Net income: NT$25.8m (down 7.2% from 1Q 2024). Profit margin: 3.0% (down from 3.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Apr 23RichWave Technology Corporation to Report Q1, 2025 Results on Apr 30, 2025RichWave Technology Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
Major Estimate Revision • Apr 15Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$5.12 to NT$4.38. Revenue forecast unchanged from NT$4.28b at last update. Net income forecast to grow 76% next year vs 23% growth forecast for Semiconductor industry in Taiwan. Consensus price target of NT$217 unchanged from last update. Share price rose 3.7% to NT$139 over the past week.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$134, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 32% over the past three years.
分析記事 • Mar 31Some Investors May Be Worried About RichWave Technology's (TWSE:4968) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Price Target Changed • Mar 15Price target decreased by 8.7% to NT$217Down from NT$238, the current price target is an average from 2 analysts. New target price is 17% above last closing price of NT$187. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$5.12 for next year compared to NT$1.73 last year.
New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 48% 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 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Major Estimate Revision • Mar 07Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$5.02b to NT$4.75b. EPS estimate also fell from NT$6.03 per share to NT$5.12 per share. Net income forecast to grow 680% next year vs 19% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$238 to NT$228. Share price was steady at NT$197 over the past week.
お知らせ • Mar 03RichWave Technology Corporation, Annual General Meeting, May 29, 2025RichWave Technology Corporation, Annual General Meeting, May 29, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
お知らせ • Feb 28Richwave Technology Corporation Proposes Cash Dividends for the Period of January 1, 2024 to December 31, 2024RichWave Technology Corporation proposed cash dividends for the period of January 1, 2024 to December 31, 2024 of TWD 1.1 per share or TWD 101,104,529.
お知らせ • Feb 21RichWave Technology Corporation to Report Fiscal Year 2024 Results on Feb 27, 2025RichWave Technology Corporation announced that they will report fiscal year 2024 results on Feb 27, 2025
分析記事 • Feb 19Is RichWave Technology (TWSE:4968) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Dec 27RichWave Technology Corporation Announces Establishment of Sustainability Development Committee and Its MembersRichWave Technology Corporation announced the establishment of the Sustainability Development Committee and its Members effective December 26, 2024. Members: Shih-Chi Wang (President of the Company); Chia-Ying Ma (Independent Director of the Company); and Wen-Hsiang Lu (Independent Director of the Company). The term of the members starts from the date of appointment and ends on the day the current Board of Directors' term expires.
分析記事 • Nov 29Revenues Not Telling The Story For RichWave Technology Corporation (TWSE:4968) After Shares Rise 25%RichWave Technology Corporation ( TWSE:4968 ) shareholders would be excited to see that the share price has had a great...
分析記事 • Nov 05RichWave Technology Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextLast week, you might have seen that RichWave Technology Corporation ( TWSE:4968 ) released its quarterly result to the...
Price Target Changed • Nov 04Price target decreased by 9.9% to NT$223Down from NT$248, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$158. Stock is up 23% over the past year. The company is forecast to post earnings per share of NT$1.05 next year compared to a net loss per share of NT$2.46 last year.
Reported Earnings • Nov 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: NT$0.19 loss per share (improved from NT$0.50 loss in 3Q 2023). Revenue: NT$908.8m (up 23% from 3Q 2023). Net loss: NT$17.5m (loss narrowed 61% from 3Q 2023). Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 24RichWave Technology Corporation to Report Q3, 2024 Results on Oct 31, 2024RichWave Technology Corporation announced that they will report Q3, 2024 results on Oct 31, 2024
Buy Or Sell Opportunity • Sep 12Now 23% overvaluedOver the last 90 days, the stock has fallen 21% to NT$172. The fair value is estimated to be NT$140, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in a year. Earnings are forecast to grow by 1,349% in the next year.
分析記事 • Aug 05RichWave Technology Corporation's (TWSE:4968) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of InvestorsRichWave Technology Corporation ( TWSE:4968 ) shareholders won't be pleased to see that the share price has had a very...
New Risk • Jul 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 27Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.84 (up from NT$0.60 loss in 2Q 2023). Revenue: NT$1.01b (up 37% from 2Q 2023). Net income: NT$75.9m (up NT$130.4m from 2Q 2023). Profit margin: 7.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 181%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 18RichWave Technology Corporation to Report Q2, 2024 Results on Jul 25, 2024RichWave Technology Corporation announced that they will report Q2, 2024 results on Jul 25, 2024
分析記事 • Jun 20Market Participants Recognise RichWave Technology Corporation's (TWSE:4968) Revenues Pushing Shares 28% HigherRichWave Technology Corporation ( TWSE:4968 ) shares have had a really impressive month, gaining 28% after a shaky...
分析記事 • Jun 13Health Check: How Prudently Does RichWave Technology (TWSE:4968) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Apr 28Results: RichWave Technology Corporation Beat Earnings Expectations And Analysts Now Have New ForecastsIt's been a good week for RichWave Technology Corporation ( TWSE:4968 ) shareholders, because the company has just...
Price Target Changed • Apr 27Price target decreased by 14% to NT$193Down from NT$224, the current price target is an average from 3 analysts. New target price is 12% above last closing price of NT$173. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of NT$3.67 next year compared to a net loss per share of NT$2.46 last year.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.99 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.31 (up from NT$0.99 loss in 1Q 2023). Revenue: NT$860.7m (up 35% from 1Q 2023). Net income: NT$27.8m (up NT$116.7m from 1Q 2023). Profit margin: 3.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 22Why We're Not Concerned Yet About RichWave Technology Corporation's (TWSE:4968) 28% Share Price PlungeRichWave Technology Corporation ( TWSE:4968 ) shares have had a horrible month, losing 28% after a relatively good...
Reported Earnings • Mar 02Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: NT$2.46 loss per share (down from NT$0.62 profit in FY 2022). Revenue: NT$2.98b (down 13% from FY 2022). Net loss: NT$222.3m (down NT$277.3m from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 01RichWave Technology Corporation, Annual General Meeting, May 29, 2024RichWave Technology Corporation, Annual General Meeting, May 29, 2024. Location: 1F,No.399, RuiGuang Road, Neihu Dist., Taipei Taipei Taiwan Agenda: To report operating result of 2023; to report 2023 employees' profit sharing and directors compensation; to consider Audit Committee's review report; to Adoption of the 2023 Business Report and Financial Statements; to Adoption of the proposal for distribution of 2023 earnings; and to discuss other matters.
分析記事 • Feb 27RichWave Technology Corporation (TWSE:4968) Stocks Shoot Up 26% But Its P/S Still Looks ReasonableDespite an already strong run, RichWave Technology Corporation ( TWSE:4968 ) shares have been powering on, with a gain...
New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).
New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 29Third quarter 2023 earnings released: NT$0.50 loss per share (vs NT$1.10 profit in 3Q 2022)Third quarter 2023 results: NT$0.50 loss per share (down from NT$1.10 profit in 3Q 2022). Revenue: NT$738.4m (down 18% from 3Q 2022). Net loss: NT$45.0m (down 146% from profit in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
New Risk • Sep 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Price Target Changed • Aug 09Price target decreased by 8.5% to NT$168Down from NT$183, the current price target is an average from 3 analysts. New target price is 5.2% above last closing price of NT$160. Stock is up 20% over the past year. The company is forecast to post a net loss per share of NT$1.30 compared to earnings per share of NT$0.62 last year.
Reported Earnings • Jul 29Second quarter 2023 earnings released: NT$0.60 loss per share (vs NT$0.43 profit in 2Q 2022)Second quarter 2023 results: NT$0.60 loss per share (down from NT$0.43 profit in 2Q 2022). Revenue: NT$738.0m (down 16% from 2Q 2022). Net loss: NT$54.5m (down 244% from profit in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 30Price target increased by 33% to NT$122Up from NT$91.67, the current price target is an average from 4 analysts. New target price is 28% below last closing price of NT$171. Stock is down 16% over the past year. The company posted earnings per share of NT$0.62 last year.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: NT$0.62 (vs NT$5.26 in FY 2021)Full year 2022 results: EPS: NT$0.62 (down from NT$5.26 in FY 2021). Revenue: NT$3.43b (down 36% from FY 2021). Net income: NT$55.1m (down 88% from FY 2021). Profit margin: 1.6% (down from 8.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Michael Ma was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: NT$1.10 (vs NT$0.33 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.10 (up from NT$0.33 in 3Q 2021). Revenue: NT$896.1m (down 13% from 3Q 2021). Net income: NT$97.3m (up 238% from 3Q 2021). Profit margin: 11% (up from 2.8% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Oct 01Price target decreased to NT$190Down from NT$206, the current price target is provided by 1 analyst. New target price is 95% above last closing price of NT$97.50. Stock is down 56% over the past year. The company posted earnings per share of NT$5.26 last year.
Price Target Changed • Aug 02Price target increased to NT$206Up from NT$193, the current price target is provided by 1 analyst. New target price is 53% above last closing price of NT$135. Stock is down 53% over the past year. The company posted earnings per share of NT$5.26 last year.
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$2.85 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$2.85 in 2Q 2021). Revenue: NT$876.5m (down 50% from 2Q 2021). Net income: NT$37.9m (down 85% from 2Q 2021). Profit margin: 4.3% (down from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$143, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 126% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: NT$0.04 (vs NT$2.90 in 1Q 2021)First quarter 2022 results: EPS: NT$0.04 (down from NT$2.90 in 1Q 2021). Revenue: NT$862.7m (down 51% from 1Q 2021). Net income: NT$3.13m (down 99% from 1Q 2021). Profit margin: 0.4% (down from 15% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Michael Ma was the last independent director to join the board, commencing their role in 2019. 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 • Apr 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$202, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 464% over the past three years.
Price Target Changed • Mar 02Price target decreased to NT$263Down from NT$295, the current price target is provided by 1 analyst. New target price is 22% above last closing price of NT$217. Stock is down 47% over the past year. The company posted earnings per share of NT$5.26 last year.
Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$5.26 (down from NT$9.88 in FY 2020). Revenue: NT$5.32b (flat on FY 2020). Net income: NT$465.5m (down 46% from FY 2020). Profit margin: 8.8% (down from 16% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27Richwave Technology Corporation Proposes Cash DividendRichWave Technology Corporation proposed earnings in cash dividends to shareholders of TWD 3.5 with total amount of cash distributed to shareholders of TWD 309,641,171.
お知らせ • Feb 26RichWave Technology Corporation, Annual General Meeting, May 26, 2022RichWave Technology Corporation, Annual General Meeting, May 26, 2022. Location: 1F,No.399, RuiGuang Road, Neihu Dist. Taipei Taiwan Agenda: To report the business of 2021; to consider Audit Committee's review report; to report 2021 employees' profit sharing and directors' compensation; to consider Adoption of the 2021 Business Report and Financial Statements; to revise the Articles of Incorporation; to revise the Procedures for Acquisition or Disposal of Assets; and to consider other matters.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$335, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 998% over the past three years.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.33 (vs NT$3.50 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.03b (down 39% from 3Q 2020). Net income: NT$28.8m (down 91% from 3Q 2020). Profit margin: 2.8% (down from 18% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$279, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1,080% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$210, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 720% over the past three years.
Upcoming Dividend • Sep 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 04 November 2021. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.1%).
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$3.98 (vs NT$2.97 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.73b (up 45% from 2Q 2020). Net income: NT$251.7m (up 37% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 06Price target decreased to NT$475Down from NT$534, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$395. Stock is up 43% over the past year.
Price Target Changed • Jun 02Price target increased to NT$556Up from NT$483, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$501. Stock is up 186% over the past year.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$443, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 631% over the past three years.
Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$4.06 (vs NT$0.70 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.74b (up 110% from 1Q 2020). Net income: NT$256.6m (up 495% from 1Q 2020). Profit margin: 15% (up from 5.2% 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 66% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 28With EPS Growth And More, RichWave Technology (TPE:4968) Is InterestingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$543, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 769% over the past three years.
分析記事 • Mar 05Will RichWave Technology (TPE:4968) Repeat Its Return Growth Of The Past?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Price Target Changed • Mar 01Price target raised to NT$463Up from NT$425, the current price target is provided by 1 analyst. The new target price is 21% below the current share price of NT$583. As of last close, the stock is up 254% over the past year.
お知らせ • Feb 26RichWave Technology Corporation, Annual General Meeting, May 27, 2021RichWave Technology Corporation, Annual General Meeting, May 27, 2021. Location: 1F,No.399, RuiGuang Road, Taipei Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review report of 2020 financial statements; to consider 2020 employees' profit sharing bonus and directors' compensation; and to consider other matters.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$13.82 (vs NT$3.13 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.35b (up 95% from FY 2019). Net income: NT$866.2m (up 354% from FY 2019). Profit margin: 16% (up from 6.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 12Are Strong Financial Prospects The Force That Is Driving The Momentum In RichWave Technology Corporation's TPE:4968) Stock?Most readers would already be aware that RichWave Technology's (TPE:4968) stock increased significantly by 96% over the...
お知らせ • Feb 06Richwave Technology Corporation Announces the Retirement of Hui-Ching,Chien as Research and Development OfficerRichWave Technology Corporation announces the retirement of HUI-CHING,CHIEN as research and development officer, date of change is February 5, 2021.
分析記事 • Jan 28With EPS Growth And More, RichWave Technology (TPE:4968) Is InterestingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Jan 13Is Now An Opportune Moment To Examine RichWave Technology Corporation (TPE:4968)?RichWave Technology Corporation ( TPE:4968 ), might not be a large cap stock, but it led the TSEC gainers with a...
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$505, the stock is trading at a trailing P/E ratio of 54.2x, up from the previous P/E ratio of 44.5x. 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 552%.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$476, the stock is trading at a trailing P/E ratio of 51x, up from the previous P/E ratio of 43.5x. 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 516%.
Is New 90 Day High Low • Jan 04New 90-day high: NT$406The company is up 66% from its price of NT$245 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period.
分析記事 • Dec 28RichWave Technology (TPE:4968) Is Growing Earnings But Are They A Good Guide?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$389, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 36x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 364%.
Is New 90 Day High Low • Dec 16New 90-day high: NT$372The company is up 56% from its price of NT$238 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period.
分析記事 • Dec 10RichWave Technology (TPE:4968) Has Rewarded Shareholders With An Exceptional 424% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...
分析記事 • Nov 23Under The Bonnet, RichWave Technology's (TPE:4968) Returns Look ImpressiveWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 18% share price gain to NT$352, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.1x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 271%.
Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 17% share price gain to NT$330, the stock is trading at a trailing P/E ratio of 35.4x, up from the previous P/E ratio of 30.3x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 245%.
Is New 90 Day High Low • Nov 09New 90-day high: NT$284The company is up 4.0% from its price of NT$274 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.