View Future GrowthSonix TechnologyLtd 過去の業績過去 基準チェック /16Sonix TechnologyLtdの収益は年間平均-52.5%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% 20.6%割合で 減少しています。 Sonix TechnologyLtdの自己資本利益率は4.6%であり、純利益率は5.8%です。主要情報-52.51%収益成長率-52.51%EPS成長率Semiconductor 業界の成長19.89%収益成長率-20.64%株主資本利益率4.59%ネット・マージン5.77%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.48 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.48 (up from NT$0.23 in 1Q 2025). Revenue: NT$762.7m (up 24% from 1Q 2025). Net income: NT$80.3m (up 111% from 1Q 2025). Profit margin: 11% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.72 (vs NT$1.07 in FY 2024)Full year 2025 results: EPS: NT$0.72 (down from NT$1.07 in FY 2024). Revenue: NT$2.68b (down 2.5% from FY 2024). Net income: NT$120.5m (down 33% from FY 2024). Profit margin: 4.5% (down from 6.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.24 (up from NT$0.14 in 3Q 2024). Revenue: NT$659.6m (down 4.6% from 3Q 2024). Net income: NT$40.8m (up 77% from 3Q 2024). Profit margin: 6.2% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.03 (vs NT$0.44 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.03 (down from NT$0.44 in 2Q 2024). Revenue: NT$712.4m (down 1.7% from 2Q 2024). Net income: NT$5.65m (down 92% from 2Q 2024). Profit margin: 0.8% (down from 10% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (down from NT$0.28 in 1Q 2024). Revenue: NT$615.5m (flat on 1Q 2024). Net income: NT$38.0m (down 20% from 1Q 2024). Profit margin: 6.2% (down from 7.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • May 01Sonix Technology Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sonix Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025すべての更新を表示Recent updatesDeclared Dividend • Jun 19Dividend reduced to NT$0.80Dividend of NT$0.80 is 20% lower than last year. Ex-date: 14th July 2026 Payment date: 7th August 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (141% earnings payout ratio) nor is it covered by cash flows (165% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$57.50, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 45x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.48 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.48 (up from NT$0.23 in 1Q 2025). Revenue: NT$762.7m (up 24% from 1Q 2025). Net income: NT$80.3m (up 111% from 1Q 2025). Profit margin: 11% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.72 (vs NT$1.07 in FY 2024)Full year 2025 results: EPS: NT$0.72 (down from NT$1.07 in FY 2024). Revenue: NT$2.68b (down 2.5% from FY 2024). Net income: NT$120.5m (down 33% from FY 2024). Profit margin: 4.5% (down from 6.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Mar 05Sonix Technology Co.,Ltd., Annual General Meeting, Jun 17, 2026Sonix Technology Co.,Ltd., Annual General Meeting, Jun 17, 2026, at 09:00 Taipei Standard Time. Location: 9 floor no,36, t`ai yuan st., jhubei city, hsinchu county TaiwanValuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$40.15, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 35x in the Semiconductor industry in Taiwan. Total loss to shareholders of 17% over the past three years.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.24 (up from NT$0.14 in 3Q 2024). Revenue: NT$659.6m (down 4.6% from 3Q 2024). Net income: NT$40.8m (up 77% from 3Q 2024). Profit margin: 6.2% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.03 (vs NT$0.44 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.03 (down from NT$0.44 in 2Q 2024). Revenue: NT$712.4m (down 1.7% from 2Q 2024). Net income: NT$5.65m (down 92% from 2Q 2024). Profit margin: 0.8% (down from 10% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).Declared Dividend • Jun 21Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 16th July 2025 Payment date: 8th August 2025 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.お知らせ • Jun 20Sonix Technology Co.,Ltd Approves Cash Dividend, Payable on August 8, 2025Sonix Technology Co.,Ltd. at its shareholders meeting held on June 19, 2025, approved the Cash dividend of TWD 167,877,062 (TWD 1 per share). Ex-rights (ex-dividend) trading date is July 16, 2025. Ex-rights (ex-dividend) record date is July 22, 2025. Payment date of common stock cash dividend distribution is August 8, 2025.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (down from NT$0.28 in 1Q 2024). Revenue: NT$615.5m (flat on 1Q 2024). Net income: NT$38.0m (down 20% from 1Q 2024). Profit margin: 6.2% (down from 7.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • May 01Sonix Technology Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sonix Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$32.80, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 52% over the past three years.お知らせ • Mar 03Sonix Technology Co.,Ltd., Annual General Meeting, Jun 19, 2025Sonix Technology Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: 9 floor no,36, t`ai yuan st., jhubei city, hsinchu county Taiwanお知らせ • Feb 20Sonix Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Sonix Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025分析記事 • Nov 22Solid Earnings Reflect Sonix TechnologyLtd's (TWSE:5471) Strength As A BusinessThe subdued stock price reaction suggests that Sonix Technology Co.,Ltd.'s ( TWSE:5471 ) strong earnings didn't offer...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.14 (down from NT$0.36 in 3Q 2023). Revenue: NT$691.4m (down 1.0% from 3Q 2023). Net income: NT$23.1m (down 62% from 3Q 2023). Profit margin: 3.3% (down from 8.7% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Oct 31Sonix Technology Co.,Ltd. to Report Q3, 2024 Results on Nov 06, 2024Sonix Technology Co.,Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.44 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.44 (down from NT$0.44 in 2Q 2023). Revenue: NT$724.4m (up 9.3% from 2Q 2023). Net income: NT$73.7m (down 1.0% from 2Q 2023). Profit margin: 10% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.お知らせ • Jul 31Sonix Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 07, 2024Sonix Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024分析記事 • Jul 01Sonix TechnologyLtd's (TWSE:5471) Dividend Will Be Reduced To NT$1.20Sonix Technology Co.,Ltd. ( TWSE:5471 ) has announced that on 8th of August, it will be paying a dividend ofNT$1.20...Declared Dividend • Jul 01Dividend reduced to NT$1.20Dividend of NT$1.20 is 52% lower than last year. Ex-date: 16th July 2024 Payment date: 8th August 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (89.8% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 8.7% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.お知らせ • Jun 20+ 1 more updateSonix Technology Co.,Ltd. Announces Changes in Audit CommitteeOn June 19, 2024 Sonix Technology Co.,Ltd. announced change in audit committee. Name of the previous position holder: Mr. Kao Chung Tsai. Mr. Chih Cheng Chou. Mr. Mao Tien Shen. Resume of the previous position holder: Mr. Kao Chung Tsai, CEO of Best Yield Management and Consulting Corporation. Mr. Chih Cheng Chou, CPA and Director of the Taipei Office of WeTec. International CPAs. Mr. Mao Tien Shen, Director and VP of Taiwan Mask Corp. Name of the new position holder: Mr. Kao Chung Tsai. Mr. Mao Tien Shen. Mrs.Tsai Lin. Resume of the new position holder: Mr. Kao Chung Tsai, CEO of Best Yield Management and Consulting Corporation. Mr. Mao Tien Shen, Director and VP of Taiwan Mask Corp. Mrs.Tsai Lin Chiang, CFO of Chinese Gamer International Corp. Reason for the change: Term expired. Original term from July 16, 2021 to July 15, 2024. Effective date of the new member: June 19, 2024.New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (108% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.4% net profit margin).New Risk • May 10New major risk - Revenue and earnings growthEarnings have declined by 3.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (254% payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.053 in 1Q 2023)First quarter 2024 results: EPS: NT$0.28 (up from NT$0.053 in 1Q 2023). Revenue: NT$612.0m (up 14% from 1Q 2023). Net income: NT$47.5m (up 429% from 1Q 2023). Profit margin: 7.8% (up from 1.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.お知らせ • May 02Sonix Technology Co.,Ltd. to Report Q1, 2024 Results on May 07, 2024Sonix Technology Co.,Ltd. announced that they will report Q1, 2024 results at 12:00 PM, Taipei Standard Time on May 07, 2024Reported Earnings • Feb 29Full year 2023 earnings released: EPS: NT$1.11 (vs NT$3.45 in FY 2022)Full year 2023 results: EPS: NT$1.11 (down from NT$3.45 in FY 2022). Revenue: NT$2.61b (down 22% from FY 2022). Net income: NT$185.9m (down 68% from FY 2022). Profit margin: 7.1% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$57.80, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 8.3% over the past three years.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.45 (vs NT$1.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.45 (down from NT$1.49 in 2Q 2022). Revenue: NT$663.0m (down 36% from 2Q 2022). Net income: NT$74.5m (down 70% from 2Q 2022). Profit margin: 11% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 12Upcoming dividend of NT$2.50 per share at 5.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 10 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Reported Earnings • May 23First quarter 2023 earnings released: EPS: NT$0.05 (vs NT$1.27 in 1Q 2022)First quarter 2023 results: EPS: NT$0.05 (down from NT$1.27 in 1Q 2022). Revenue: NT$538.4m (down 48% from 1Q 2022). Net income: NT$8.97m (down 96% from 1Q 2022). Profit margin: 1.7% (down from 21% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$3.45 (vs NT$8.71 in FY 2021)Full year 2022 results: EPS: NT$3.45 (down from NT$8.71 in FY 2021). Revenue: NT$3.35b (down 43% from FY 2021). Net income: NT$578.6m (down 60% from FY 2021). Profit margin: 17% (down from 25% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$69.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 35%.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.05 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (down from NT$3.05 in 3Q 2021). Revenue: NT$744.5m (down 56% from 3Q 2021). Net income: NT$94.2m (down 82% from 3Q 2021). Profit margin: 13% (down from 30% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Chen Yong was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.05 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (down from NT$3.05 in 3Q 2021). Revenue: NT$744.5m (down 56% from 3Q 2021). Net income: NT$94.2m (down 82% from 3Q 2021). Profit margin: 13% (down from 30% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be NT$55.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 47%.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$46.50, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.Buying Opportunity • Sep 28Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be NT$60.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 47%.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$2.37 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (down from NT$2.37 in 2Q 2021). Revenue: NT$1.03b (down 35% from 2Q 2021). Net income: NT$250.3m (down 37% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$76.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 54%.Upcoming Dividend • Jul 14Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 18 August 2022. Payout ratio and cash payout ratio are on the higher end at 84% and 94% respectively. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (3.9%).Buying Opportunity • Jul 01Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be NT$78.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 54%.お知らせ • Jun 22Sonix Technology Co.,Ltd. Approves Cash DividendSonix Technology Co.,Ltd. approved the distribution of a TWD 7 cash dividend per common share. Ex-rights (ex-dividend) trading date is July 21, 2022. Last date before book closure is July 22, 2022. Book closure starting date is July 23, 2022. Book closure ending date is July 27, 2022. Ex-rights (ex-dividend) record date is July 27, 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Chen Yong was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Feb 25Sonix Technology Co.,Ltd., Annual General Meeting, Jun 21, 2022Sonix Technology Co.,Ltd., Annual General Meeting, Jun 21, 2022. Location: 9F.,No.36,Taiyuan St.,Zhubei City,Hsinchu County 302,Taiwan(R.O.C) (Sonix's conference room) Hsinchu County Taiwan Agenda: To consider the business report of 2021; to consider the audit committee's review report on the 2021 financial statements; and to discuss other matters.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$8.71 (up from NT$6.11 in FY 2020). Revenue: NT$5.87b (up 9.2% from FY 2020). Net income: NT$1.46b (up 43% from FY 2020). Profit margin: 25% (up from 19% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.1%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$90.20, the stock trades at a trailing P/E ratio of 12.5x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 233% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.37 (vs NT$1.98 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.57b (up 5.6% from 2Q 2020). Net income: NT$397.9m (up 20% from 2Q 2020). Profit margin: 25% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 53% per year.Upcoming Dividend • Aug 04Upcoming dividend of NT$5.70 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 02 September 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$82.50, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.60 (vs NT$0.86 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.39b (up 66% from 1Q 2020). Net income: NT$269.3m (up 87% from 1Q 2020). Profit margin: 19% (up from 17% 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 54% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 14Is Sonix Technology Co.,Ltd. (TPE:5471) A Good Fit For Your Dividend Portfolio?Today we'll take a closer look at Sonix Technology Co.,Ltd. ( TPE:5471 ) from a dividend investor's perspective. Owning...分析記事 • Mar 17Sonix Technology Co.,Ltd.'s (TPE:5471) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Sonix TechnologyLtd's (TPE:5471) stock is up by a considerable 49% over the past three months. As most would know...Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$98.70, the stock trades at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 14x. Average P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 203%.Analyst Estimate Surprise Post Earnings • Feb 28Revenue misses expectationsRevenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.お知らせ • Feb 27Sonix Technology Co.,Ltd., Annual General Meeting, Jun 16, 2021Sonix Technology Co.,Ltd., Annual General Meeting, Jun 16, 2021. Location: Tai Yuen Hi-Tech Industrial Park Convention Center 2F, No. 26,Taiyuan Street Zhubei City Taiwan Agenda: To consider 2020 business report, Supervisors’review report on the 2020 Financial Statements, the distribution of Employees’, Directors’ and Supervisors’ remuneration of 2020; to consider adoption of the 2020 Business Report and Financial Statements; to consider adoption of the Proposal for Distribution of 2020 Profits; to discuss amendment to the Article of Incorporation; to discuss amendment to the Procedures for Election of Directors; to discuss amendment to the Procedures for Acquisition or Disposal Assets; to discuss amendment to the Procedures for Lending Funds to Other Parties; to discuss amendment to the Procedures for Endorsement and Guarantee; to elect the new Directors; and to discuss other matters.Reported Earnings • Feb 27Full year 2020 earnings released: EPS NT$6.11 (vs NT$2.03 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.37b (up 66% from FY 2019). Net income: NT$1.03b (up 200% from FY 2019). Profit margin: 19% (up from 11% 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 48% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 24Introducing Sonix TechnologyLtd (TPE:5471), The Stock That Zoomed 144% In The Last YearWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$79.90, the stock is trading at a trailing P/E ratio of 15.8x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 27x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 155%.Is New 90 Day High Low • Feb 17New 90-day high: NT$76.30The company is up 18% from its price of NT$64.90 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 28% over the same period.分析記事 • Feb 03The 27% Return On Capital At Sonix TechnologyLtd (TPE:5471) Got Our AttentionDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Is New 90 Day High Low • Jan 26New 90-day high: NT$76.20The company is up 12% from its price of NT$68.10 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 41% over the same period.分析記事 • Jan 13Could Sonix Technology Co.,Ltd. (TPE:5471) Have The Makings Of Another Dividend Aristocrat?Today we'll take a closer look at Sonix Technology Co.,Ltd. ( TPE:5471 ) from a dividend investor's perspective. Owning...分析記事 • Dec 17Sonix Technology Co.,Ltd.'s (TPE:5471) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?With its stock down 12% over the past three months, it is easy to disregard Sonix TechnologyLtd (TPE:5471). But if you...Is New 90 Day High Low • Dec 17New 90-day low: NT$63.40The company is down 12% from its price of NT$72.20 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 17% over the same period.分析記事 • Nov 26Investors Who Bought Sonix TechnologyLtd (TPE:5471) Shares A Year Ago Are Now Up 105%The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.53b (up 81% from 3Q 2019). Net income: NT$290.0m (up 224% from 3Q 2019). Profit margin: 19% (up from 11% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.02%. Over the next year, revenue is forecast to grow 26%, compared to a 13% growth forecast for the Semiconductor industry in Taiwan.Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 0.02%. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the Semiconductor industry in Taiwan.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.53b (up 81% from 3Q 2019). Net income: NT$290.0m (up 224% from 3Q 2019). Profit margin: 19% (up from 11% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.収支内訳Sonix TechnologyLtd 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:5471 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 262,82316322679831 Dec 252,67612122478130 Sep 252,70411922579030 Jun 252,73610223080031 Mar 252,74817023782131 Dec 242,74417923981730 Sep 242,73818623976730 Jun 242,74522424174931 Mar 242,68422423971831 Dec 232,61018623869530 Sep 232,45516523768530 Jun 232,50119824068731 Mar 232,86637425071431 Dec 223,35457925974630 Sep 224,00684027178330 Jun 224,9581,25928684131 Mar 225,5051,40629886331 Dec 215,8661,46230386430 Sep 216,1741,43930685530 Jun 216,0071,21629580931 Mar 215,9231,15128579331 Dec 205,3711,02627477230 Sep 204,69584925775330 Jun 204,00964924574031 Mar 203,45244523471531 Dec 193,23534222670130 Sep 193,16731822569930 Jun 193,18236522470531 Mar 193,15935422370631 Dec 183,15833922770830 Sep 183,16531922473130 Jun 183,19326322273631 Mar 183,22423121875531 Dec 173,34123721477130 Sep 173,39026522278230 Jun 173,32725622478231 Mar 173,33128422478031 Dec 163,21728022578130 Sep 163,20128519481530 Jun 163,21432520583931 Mar 163,21734520083631 Dec 153,30638919484030 Sep 153,33242221279030 Jun 153,399442193768質の高い収益: 5471は 高品質の収益 を持っています。利益率の向上: 5471の現在の純利益率 (5.8%)は、昨年(6.2%)よりも低くなっています。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: 5471の収益は過去 5 年間で年間52.5%減少しました。成長の加速: 5471は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 5471は過去 1 年間で収益成長率がマイナス ( -4% ) となったため、 Semiconductor業界平均 ( 3.4% ) と比較することが困難です。株主資本利益率高いROE: 5471の 自己資本利益率 ( 4.6% ) 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2026/06/21 11:33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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Sonix Technology Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Andrea SuCLSAChelsey SuMasterlink Securities Investment AdvisoryYi-Pang LinSinoPac Securities Investment Service1 その他のアナリストを表示
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.48 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.48 (up from NT$0.23 in 1Q 2025). Revenue: NT$762.7m (up 24% from 1Q 2025). Net income: NT$80.3m (up 111% from 1Q 2025). Profit margin: 11% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.72 (vs NT$1.07 in FY 2024)Full year 2025 results: EPS: NT$0.72 (down from NT$1.07 in FY 2024). Revenue: NT$2.68b (down 2.5% from FY 2024). Net income: NT$120.5m (down 33% from FY 2024). Profit margin: 4.5% (down from 6.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.24 (up from NT$0.14 in 3Q 2024). Revenue: NT$659.6m (down 4.6% from 3Q 2024). Net income: NT$40.8m (up 77% from 3Q 2024). Profit margin: 6.2% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.03 (vs NT$0.44 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.03 (down from NT$0.44 in 2Q 2024). Revenue: NT$712.4m (down 1.7% from 2Q 2024). Net income: NT$5.65m (down 92% from 2Q 2024). Profit margin: 0.8% (down from 10% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (down from NT$0.28 in 1Q 2024). Revenue: NT$615.5m (flat on 1Q 2024). Net income: NT$38.0m (down 20% from 1Q 2024). Profit margin: 6.2% (down from 7.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Sonix Technology Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sonix Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Declared Dividend • Jun 19Dividend reduced to NT$0.80Dividend of NT$0.80 is 20% lower than last year. Ex-date: 14th July 2026 Payment date: 7th August 2026 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (141% earnings payout ratio) nor is it covered by cash flows (165% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$57.50, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 45x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.48 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.48 (up from NT$0.23 in 1Q 2025). Revenue: NT$762.7m (up 24% from 1Q 2025). Net income: NT$80.3m (up 111% from 1Q 2025). Profit margin: 11% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.72 (vs NT$1.07 in FY 2024)Full year 2025 results: EPS: NT$0.72 (down from NT$1.07 in FY 2024). Revenue: NT$2.68b (down 2.5% from FY 2024). Net income: NT$120.5m (down 33% from FY 2024). Profit margin: 4.5% (down from 6.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 05Sonix Technology Co.,Ltd., Annual General Meeting, Jun 17, 2026Sonix Technology Co.,Ltd., Annual General Meeting, Jun 17, 2026, at 09:00 Taipei Standard Time. Location: 9 floor no,36, t`ai yuan st., jhubei city, hsinchu county Taiwan
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$40.15, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 35x in the Semiconductor industry in Taiwan. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.24 (up from NT$0.14 in 3Q 2024). Revenue: NT$659.6m (down 4.6% from 3Q 2024). Net income: NT$40.8m (up 77% from 3Q 2024). Profit margin: 6.2% (up from 3.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.03 (vs NT$0.44 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.03 (down from NT$0.44 in 2Q 2024). Revenue: NT$712.4m (down 1.7% from 2Q 2024). Net income: NT$5.65m (down 92% from 2Q 2024). Profit margin: 0.8% (down from 10% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).
Declared Dividend • Jun 21Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 16th July 2025 Payment date: 8th August 2025 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend.
お知らせ • Jun 20Sonix Technology Co.,Ltd Approves Cash Dividend, Payable on August 8, 2025Sonix Technology Co.,Ltd. at its shareholders meeting held on June 19, 2025, approved the Cash dividend of TWD 167,877,062 (TWD 1 per share). Ex-rights (ex-dividend) trading date is July 16, 2025. Ex-rights (ex-dividend) record date is July 22, 2025. Payment date of common stock cash dividend distribution is August 8, 2025.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (down from NT$0.28 in 1Q 2024). Revenue: NT$615.5m (flat on 1Q 2024). Net income: NT$38.0m (down 20% from 1Q 2024). Profit margin: 6.2% (down from 7.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Sonix Technology Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sonix Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$32.80, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 52% over the past three years.
お知らせ • Mar 03Sonix Technology Co.,Ltd., Annual General Meeting, Jun 19, 2025Sonix Technology Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: 9 floor no,36, t`ai yuan st., jhubei city, hsinchu county Taiwan
お知らせ • Feb 20Sonix Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Sonix Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025
分析記事 • Nov 22Solid Earnings Reflect Sonix TechnologyLtd's (TWSE:5471) Strength As A BusinessThe subdued stock price reaction suggests that Sonix Technology Co.,Ltd.'s ( TWSE:5471 ) strong earnings didn't offer...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.14 (down from NT$0.36 in 3Q 2023). Revenue: NT$691.4m (down 1.0% from 3Q 2023). Net income: NT$23.1m (down 62% from 3Q 2023). Profit margin: 3.3% (down from 8.7% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 31Sonix Technology Co.,Ltd. to Report Q3, 2024 Results on Nov 06, 2024Sonix Technology Co.,Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.44 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.44 (down from NT$0.44 in 2Q 2023). Revenue: NT$724.4m (up 9.3% from 2Q 2023). Net income: NT$73.7m (down 1.0% from 2Q 2023). Profit margin: 10% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 31Sonix Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 07, 2024Sonix Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
分析記事 • Jul 01Sonix TechnologyLtd's (TWSE:5471) Dividend Will Be Reduced To NT$1.20Sonix Technology Co.,Ltd. ( TWSE:5471 ) has announced that on 8th of August, it will be paying a dividend ofNT$1.20...
Declared Dividend • Jul 01Dividend reduced to NT$1.20Dividend of NT$1.20 is 52% lower than last year. Ex-date: 16th July 2024 Payment date: 8th August 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (89.8% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 8.7% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.
お知らせ • Jun 20+ 1 more updateSonix Technology Co.,Ltd. Announces Changes in Audit CommitteeOn June 19, 2024 Sonix Technology Co.,Ltd. announced change in audit committee. Name of the previous position holder: Mr. Kao Chung Tsai. Mr. Chih Cheng Chou. Mr. Mao Tien Shen. Resume of the previous position holder: Mr. Kao Chung Tsai, CEO of Best Yield Management and Consulting Corporation. Mr. Chih Cheng Chou, CPA and Director of the Taipei Office of WeTec. International CPAs. Mr. Mao Tien Shen, Director and VP of Taiwan Mask Corp. Name of the new position holder: Mr. Kao Chung Tsai. Mr. Mao Tien Shen. Mrs.Tsai Lin. Resume of the new position holder: Mr. Kao Chung Tsai, CEO of Best Yield Management and Consulting Corporation. Mr. Mao Tien Shen, Director and VP of Taiwan Mask Corp. Mrs.Tsai Lin Chiang, CFO of Chinese Gamer International Corp. Reason for the change: Term expired. Original term from July 16, 2021 to July 15, 2024. Effective date of the new member: June 19, 2024.
New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (108% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.4% net profit margin).
New Risk • May 10New major risk - Revenue and earnings growthEarnings have declined by 3.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (254% payout ratio). Profit margins are more than 30% lower than last year (8.4% net profit margin).
Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.053 in 1Q 2023)First quarter 2024 results: EPS: NT$0.28 (up from NT$0.053 in 1Q 2023). Revenue: NT$612.0m (up 14% from 1Q 2023). Net income: NT$47.5m (up 429% from 1Q 2023). Profit margin: 7.8% (up from 1.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
お知らせ • May 02Sonix Technology Co.,Ltd. to Report Q1, 2024 Results on May 07, 2024Sonix Technology Co.,Ltd. announced that they will report Q1, 2024 results at 12:00 PM, Taipei Standard Time on May 07, 2024
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: NT$1.11 (vs NT$3.45 in FY 2022)Full year 2023 results: EPS: NT$1.11 (down from NT$3.45 in FY 2022). Revenue: NT$2.61b (down 22% from FY 2022). Net income: NT$185.9m (down 68% from FY 2022). Profit margin: 7.1% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$57.80, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 8.3% over the past three years.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.45 (vs NT$1.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.45 (down from NT$1.49 in 2Q 2022). Revenue: NT$663.0m (down 36% from 2Q 2022). Net income: NT$74.5m (down 70% from 2Q 2022). Profit margin: 11% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 12Upcoming dividend of NT$2.50 per share at 5.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 10 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Reported Earnings • May 23First quarter 2023 earnings released: EPS: NT$0.05 (vs NT$1.27 in 1Q 2022)First quarter 2023 results: EPS: NT$0.05 (down from NT$1.27 in 1Q 2022). Revenue: NT$538.4m (down 48% from 1Q 2022). Net income: NT$8.97m (down 96% from 1Q 2022). Profit margin: 1.7% (down from 21% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$3.45 (vs NT$8.71 in FY 2021)Full year 2022 results: EPS: NT$3.45 (down from NT$8.71 in FY 2021). Revenue: NT$3.35b (down 43% from FY 2021). Net income: NT$578.6m (down 60% from FY 2021). Profit margin: 17% (down from 25% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$69.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 35%.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.05 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (down from NT$3.05 in 3Q 2021). Revenue: NT$744.5m (down 56% from 3Q 2021). Net income: NT$94.2m (down 82% from 3Q 2021). Profit margin: 13% (down from 30% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Chen Yong was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.56 (vs NT$3.05 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.56 (down from NT$3.05 in 3Q 2021). Revenue: NT$744.5m (down 56% from 3Q 2021). Net income: NT$94.2m (down 82% from 3Q 2021). Profit margin: 13% (down from 30% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be NT$55.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 47%.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$46.50, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Buying Opportunity • Sep 28Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be NT$60.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 47%.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$2.37 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (down from NT$2.37 in 2Q 2021). Revenue: NT$1.03b (down 35% from 2Q 2021). Net income: NT$250.3m (down 37% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$76.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 54%.
Upcoming Dividend • Jul 14Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 18 August 2022. Payout ratio and cash payout ratio are on the higher end at 84% and 94% respectively. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (3.9%).
Buying Opportunity • Jul 01Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be NT$78.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 54%.
お知らせ • Jun 22Sonix Technology Co.,Ltd. Approves Cash DividendSonix Technology Co.,Ltd. approved the distribution of a TWD 7 cash dividend per common share. Ex-rights (ex-dividend) trading date is July 21, 2022. Last date before book closure is July 22, 2022. Book closure starting date is July 23, 2022. Book closure ending date is July 27, 2022. Ex-rights (ex-dividend) record date is July 27, 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Chen Yong was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Feb 25Sonix Technology Co.,Ltd., Annual General Meeting, Jun 21, 2022Sonix Technology Co.,Ltd., Annual General Meeting, Jun 21, 2022. Location: 9F.,No.36,Taiyuan St.,Zhubei City,Hsinchu County 302,Taiwan(R.O.C) (Sonix's conference room) Hsinchu County Taiwan Agenda: To consider the business report of 2021; to consider the audit committee's review report on the 2021 financial statements; and to discuss other matters.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$8.71 (up from NT$6.11 in FY 2020). Revenue: NT$5.87b (up 9.2% from FY 2020). Net income: NT$1.46b (up 43% from FY 2020). Profit margin: 25% (up from 19% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.1%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$90.20, the stock trades at a trailing P/E ratio of 12.5x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 233% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.37 (vs NT$1.98 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.57b (up 5.6% from 2Q 2020). Net income: NT$397.9m (up 20% from 2Q 2020). Profit margin: 25% (up from 22% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 53% per year.
Upcoming Dividend • Aug 04Upcoming dividend of NT$5.70 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 02 September 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$82.50, the stock trades at a trailing P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 203% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.60 (vs NT$0.86 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.39b (up 66% from 1Q 2020). Net income: NT$269.3m (up 87% from 1Q 2020). Profit margin: 19% (up from 17% 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 54% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 14Is Sonix Technology Co.,Ltd. (TPE:5471) A Good Fit For Your Dividend Portfolio?Today we'll take a closer look at Sonix Technology Co.,Ltd. ( TPE:5471 ) from a dividend investor's perspective. Owning...
分析記事 • Mar 17Sonix Technology Co.,Ltd.'s (TPE:5471) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Sonix TechnologyLtd's (TPE:5471) stock is up by a considerable 49% over the past three months. As most would know...
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$98.70, the stock trades at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 14x. Average P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 203%.
Analyst Estimate Surprise Post Earnings • Feb 28Revenue misses expectationsRevenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.
お知らせ • Feb 27Sonix Technology Co.,Ltd., Annual General Meeting, Jun 16, 2021Sonix Technology Co.,Ltd., Annual General Meeting, Jun 16, 2021. Location: Tai Yuen Hi-Tech Industrial Park Convention Center 2F, No. 26,Taiyuan Street Zhubei City Taiwan Agenda: To consider 2020 business report, Supervisors’review report on the 2020 Financial Statements, the distribution of Employees’, Directors’ and Supervisors’ remuneration of 2020; to consider adoption of the 2020 Business Report and Financial Statements; to consider adoption of the Proposal for Distribution of 2020 Profits; to discuss amendment to the Article of Incorporation; to discuss amendment to the Procedures for Election of Directors; to discuss amendment to the Procedures for Acquisition or Disposal Assets; to discuss amendment to the Procedures for Lending Funds to Other Parties; to discuss amendment to the Procedures for Endorsement and Guarantee; to elect the new Directors; and to discuss other matters.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS NT$6.11 (vs NT$2.03 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.37b (up 66% from FY 2019). Net income: NT$1.03b (up 200% from FY 2019). Profit margin: 19% (up from 11% 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 48% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 24Introducing Sonix TechnologyLtd (TPE:5471), The Stock That Zoomed 144% In The Last YearWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$79.90, the stock is trading at a trailing P/E ratio of 15.8x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 27x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 155%.
Is New 90 Day High Low • Feb 17New 90-day high: NT$76.30The company is up 18% from its price of NT$64.90 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 28% over the same period.
分析記事 • Feb 03The 27% Return On Capital At Sonix TechnologyLtd (TPE:5471) Got Our AttentionDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Is New 90 Day High Low • Jan 26New 90-day high: NT$76.20The company is up 12% from its price of NT$68.10 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 41% over the same period.
分析記事 • Jan 13Could Sonix Technology Co.,Ltd. (TPE:5471) Have The Makings Of Another Dividend Aristocrat?Today we'll take a closer look at Sonix Technology Co.,Ltd. ( TPE:5471 ) from a dividend investor's perspective. Owning...
分析記事 • Dec 17Sonix Technology Co.,Ltd.'s (TPE:5471) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?With its stock down 12% over the past three months, it is easy to disregard Sonix TechnologyLtd (TPE:5471). But if you...
Is New 90 Day High Low • Dec 17New 90-day low: NT$63.40The company is down 12% from its price of NT$72.20 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 17% over the same period.
分析記事 • Nov 26Investors Who Bought Sonix TechnologyLtd (TPE:5471) Shares A Year Ago Are Now Up 105%The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.53b (up 81% from 3Q 2019). Net income: NT$290.0m (up 224% from 3Q 2019). Profit margin: 19% (up from 11% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 0.02%. Over the next year, revenue is forecast to grow 26%, compared to a 13% growth forecast for the Semiconductor industry in Taiwan.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue beats expectationsRevenue exceeded analyst estimates by 0.02%. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the Semiconductor industry in Taiwan.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.73The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.53b (up 81% from 3Q 2019). Net income: NT$290.0m (up 224% from 3Q 2019). Profit margin: 19% (up from 11% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.