Harvatek（6168）株式概要ハーヴァテック・コーポレーションは、半導体チップおよびLEDの設計、製造、試験、輸出、販売を台湾内外で行っている。 詳細6168 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性4/6配当金0/6報酬過去1年間で収益は520.4%増加しました リスク分析過去5年間で収益は年間50.1%減少しました。 TW市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る6168 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,243 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,243 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$26.75160.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-99m4b2016201920222025202620282031Revenue NT$1.3bEarnings NT$8.9mAdvancedSet Fair ValueView all narrativesHarvatek Corporation 競合他社CMSCSymbol: TPEX:7707Market cap: NT$5.5bGeneralplus TechnologySymbol: TWSE:4952Market cap: NT$5.7bPotens SemiconductorSymbol: TPEX:7712Market cap: NT$5.2bExcelliance MOSSymbol: TPEX:5299Market cap: NT$5.4b価格と性能株価の高値、安値、推移の概要Harvatek過去の株価現在の株価NT$26.7552週高値NT$36.6552週安値NT$16.10ベータ0.381ヶ月の変化-4.97%3ヶ月変化-7.12%1年変化58.75%3年間の変化12.87%5年間の変化-8.23%IPOからの変化141.91%最新ニュースReported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.02 (vs NT$0.008 in 1Q 2025)First quarter 2026 results: EPS: NT$0.02 (up from NT$0.008 in 1Q 2025). Revenue: NT$503.0m (up 7.8% from 1Q 2025). Net income: NT$4.90m (up 213% from 1Q 2025). Profit margin: 1.0% (up from 0.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$0.05 (vs NT$0.028 in FY 2024)Full year 2025 results: EPS: NT$0.05 (up from NT$0.028 in FY 2024). Revenue: NT$2.07b (up 5.6% from FY 2024). Net income: NT$11.3m (up 93% from FY 2024). Profit margin: 0.5% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.02% net profit margin).お知らせ • Mar 12Harvatek Corporation, Annual General Meeting, Jun 26, 2026Harvatek Corporation, Annual General Meeting, Jun 26, 2026. Location: 4 floor no,5, k`o chi rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.036 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (up from NT$0.036 in 3Q 2024). Revenue: NT$563.0m (up 5.4% from 3Q 2024). Net income: NT$29.5m (up 299% from 3Q 2024). Profit margin: 5.2% (up from 1.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.New Risk • Sep 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).最新情報をもっと見るRecent updatesReported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.02 (vs NT$0.008 in 1Q 2025)First quarter 2026 results: EPS: NT$0.02 (up from NT$0.008 in 1Q 2025). Revenue: NT$503.0m (up 7.8% from 1Q 2025). Net income: NT$4.90m (up 213% from 1Q 2025). Profit margin: 1.0% (up from 0.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$0.05 (vs NT$0.028 in FY 2024)Full year 2025 results: EPS: NT$0.05 (up from NT$0.028 in FY 2024). Revenue: NT$2.07b (up 5.6% from FY 2024). Net income: NT$11.3m (up 93% from FY 2024). Profit margin: 0.5% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.02% net profit margin).お知らせ • Mar 12Harvatek Corporation, Annual General Meeting, Jun 26, 2026Harvatek Corporation, Annual General Meeting, Jun 26, 2026. Location: 4 floor no,5, k`o chi rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.036 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (up from NT$0.036 in 3Q 2024). Revenue: NT$563.0m (up 5.4% from 3Q 2024). Net income: NT$29.5m (up 299% from 3Q 2024). Profit margin: 5.2% (up from 1.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.New Risk • Sep 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years.New Risk • May 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.025 in 1Q 2024)First quarter 2025 results: EPS: NT$0.01 (down from NT$0.025 in 1Q 2024). Revenue: NT$466.6m (up 1.7% from 1Q 2024). Net income: NT$1.57m (down 69% from 1Q 2024). Profit margin: 0.3% (down from 1.1% in 1Q 2024). 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 73 percentage points per year, which is a significant difference in performance.New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 312% Earnings have declined by 2.0% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).お知らせ • May 01Harvatek Corporation to Report Q1, 2025 Results on May 08, 2025Harvatek Corporation announced that they will report Q1, 2025 results on May 08, 2025New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$94.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$3.12b market cap, or US$94.3m).お知らせ • Mar 10Harvatek Corporation, Annual General Meeting, Jun 25, 2025Harvatek Corporation, Annual General Meeting, Jun 25, 2025. Location: no,773, ming hu rd., hsinchu city Taiwanお知らせ • Mar 01Harvatek Corporation to Report Q4, 2024 Results on Mar 07, 2025Harvatek Corporation announced that they will report Q4, 2024 results on Mar 07, 2025お知らせ • Feb 15Harvatek Corporation Announces Resignation of Yang, Zhi-Ming as Chief Internal AuditorHarvatek Corporation announced the resignation of Yang, Zhi-Ming as Chief Internal Auditor of the company. Effective date: 14 February 2025.New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).分析記事 • Dec 30Returns Are Gaining Momentum At Harvatek (TWSE:6168)What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.04 (down from NT$0.21 in 3Q 2023). Revenue: NT$534.4m (up 7.9% from 3Q 2023). Net income: NT$7.39m (down 83% from 3Q 2023). Profit margin: 1.4% (down from 8.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% 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.お知らせ • Oct 29Harvatek Corporation to Report Q3, 2024 Results on Nov 05, 2024Harvatek Corporation announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.25 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.01 (down from NT$0.25 in 2Q 2023). Revenue: NT$491.8m (up 3.9% from 2Q 2023). Net income: NT$2.02m (down 96% from 2Q 2023). Profit margin: 0.4% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% 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: Minor Risks Dividend is not well covered by earnings (202% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).分析記事 • Aug 15Harvatek (TWSE:6168) Has Announced That Its Dividend Will Be Reduced To NT$0.50Harvatek Corporation's ( TWSE:6168 ) dividend is being reduced from last year's payment covering the same period to...Declared Dividend • Aug 12Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.お知らせ • Aug 10+ 1 more updateHarvatek Corporation Announces Members of the 6Nd Remuneration CommitteeHarvatek Corporation announced members of the 6nd Remuneration Committee. Date of occurrence of the change: August 9,2024. Name of the functional committees: Remuneration Committee. Name of the previous position holder: WU, KUANG-YI; LI, YU-CHENG; LIAO, MING-CHENG. Resume of the previous position holder: WU, KUANG-YI,Independent director of Harvatek Corporation; LI, YU-CHENG,Independent director of Harvatek Corporation; LIAO, MING-CHENG,Independent director of Harvatek Corporation. Name of the new position holder: CHEN, CHI-KAI; LI, PEI-YING. Resume of the new position holder: CHEN, CHI-KAI,General Manager of Macroblock, Inc; LI, PEI-YING,Vice General Manager of Holtek Semiconductor Incorporation. Reason for the change: term expired. Effective date of the new member: August 9,2024. Original term from August 20,2021 to August 19,2024.お知らせ • Aug 02Harvatek Corporation to Report Q2, 2024 Results on Aug 09, 2024Harvatek Corporation announced that they will report Q2, 2024 results on Aug 09, 2024お知らせ • Jun 26Harvatek Corporation Announces Change of Members of the 3rd Audit and Risk Management CommitteeHarvatek Corporation announced change of members of the Company's 3rd Audit and Risk Management Committee. Name of the previous position holder: LI, YU-CHENG. Resume of the previous position holders: LI, YU-CHENG-Independent director of Harvatek Corporation. Name of the new position holder: CHEN, CHI-KAI and LI, PEI-YING. Resume of the new position holders: CHEN, CHI-KAI-President of Macroblock Inc. and LI, PEI-YING- Vice President of Holtek Semiconductor Inc. Circumstances of change: term expired. Original term from August 20, 2021 to August 19, 2024. Other members are: WU, KUANG-YI-Independent director of Harvatek Corporation; LIAO, MING-CHENG-Independent director of Harvatek Corporation. Date of occurrence of the change is June 25, 2024.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.04 in 1Q 2023)First quarter 2024 results: EPS: NT$0.02 (down from NT$0.04 in 1Q 2023). Revenue: NT$459.0m (down 11% from 1Q 2023). Net income: NT$5.07m (down 38% from 1Q 2023). Profit margin: 1.1% (down from 1.6% in 1Q 2023). 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 8% per year, which means it is well ahead of earnings.分析記事 • Apr 08Earnings Troubles May Signal Larger Issues for Harvatek (TWSE:6168) ShareholdersA lackluster earnings announcement from Harvatek Corporation ( TWSE:6168 ) last week didn't sink the stock price...Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$0.52 (vs NT$1.82 in FY 2022)Full year 2023 results: EPS: NT$0.52 (down from NT$1.82 in FY 2022). Revenue: NT$2.03b (down 18% from FY 2022). Net income: NT$107.1m (down 72% from FY 2022). Profit margin: 5.3% (down from 15% 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 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 09Harvatek Corporation, Annual General Meeting, Jun 25, 2024Harvatek Corporation, Annual General Meeting, Jun 25, 2024. Location: Lakeshore Hotel (Leith Castle - Eiffel Banquet Room), located at No.733, Ming-Hu Rd., Hsinchu City Hsinchu City Taiwan Agenda: To approve the 2023 business operations; to approve the Audit Committee's report of 2023 audited financial statements ; to approve the 2023 compensation for employees and directors; to approve the Cash distribution to shareholders from 2023 earnings; to approve the 2023 Report on Director's Compensation; to amend the Company's Rules of Procedure for Directors Meeting; to elect new directors; and to consider others matters.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.48 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.21 (down from NT$0.48 in 3Q 2022). Revenue: NT$495.4m (down 8.8% from 3Q 2022). Net income: NT$43.0m (down 56% from 3Q 2022). Profit margin: 8.7% (down from 18% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$27.70, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 130% over the past three years.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$26.55, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 108% over the past three years.Upcoming Dividend • Aug 22Upcoming dividend of NT$1.50 per share at 6.7% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 27 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.4%).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.25 (vs NT$0.55 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.25 (down from NT$0.55 in 2Q 2022). Revenue: NT$473.3m (down 35% from 2Q 2022). Net income: NT$51.3m (down 55% from 2Q 2022). Profit margin: 11% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 12Harvatek Corporation Announces Cash Dividend, Payable on September 27, 2023Harvatek Corporation announced original Cash dividends TWD 309,104,702 (TWD 1.5 per share) of common stock. Type and monetary amount of dividend distribution after the change: Cash dividends TWD 309,104,702 (TWD 1.5022 per share) of common stock. Ex-rights (ex-dividend) trading date is August 29, 2023. Ex-rights (ex-dividend) record date is September 4, 2023. Payment date of cash dividend distribution is September 27, 2023.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.52 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.48 (down from NT$0.52 in 3Q 2021). Revenue: NT$542.9m (down 33% from 3Q 2021). Net income: NT$98.3m (down 8.6% from 3Q 2021). Profit margin: 18% (up from 13% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Max Wu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Aug 19Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 23 September 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.50 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.55 (up from NT$0.50 in 2Q 2021). Revenue: NT$728.0m (down 13% from 2Q 2021). Net income: NT$113.7m (up 11% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.56 (vs NT$0.51 in 1Q 2021)First quarter 2022 results: EPS: NT$0.56 (up from NT$0.51 in 1Q 2021). Revenue: NT$690.7m (up 1.3% from 1Q 2021). Net income: NT$115.8m (up 11% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to NT$33.00Up from NT$25.25, the current price target is provided by 1 analyst. New target price is 62% above last closing price of NT$20.40. Stock is down 14% over the past year. The company posted earnings per share of NT$1.80 last year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Max Wu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$1.80 (vs NT$0.70 in FY 2020)Full year 2021 results: EPS: NT$1.80 (up from NT$0.70 in FY 2020). Revenue: NT$3.00b (up 20% from FY 2020). Net income: NT$370.3m (up 158% from FY 2020). Profit margin: 12% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.085 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$805.1m (up 28% from 3Q 2020). Net income: NT$107.6m (up NT$90.2m from 3Q 2020). Profit margin: 13% (up from 2.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$28.80, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 157% over the past three years.Upcoming Dividend • Aug 20Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$838.8m (up 58% from 2Q 2020). Net income: NT$102.4m (up 128% from 2Q 2020). Profit margin: 12% (up from 8.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 125% over the past three years.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$26.60, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 64% over the past three years.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$19.40, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 22% over the past three years.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.15 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$681.5m (up 12% from 1Q 2020). Net income: NT$104.7m (up 241% from 1Q 2020). Profit margin: 15% (up from 5.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$19.70, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.分析記事 • Apr 28Harvatek Corporation (TPE:6168) Is Yielding 3.0% - But Is It A Buy?Is Harvatek Corporation ( TPE:6168 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.70 (vs NT$0.073 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.51b (up 16% from FY 2019). Net income: NT$143.3m (up NT$128.3m from FY 2019). Profit margin: 5.7% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.分析記事 • Mar 09Harvatek (TPE:6168) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Feb 04Harvatek (TPE:6168) Shareholders Booked A 39% Gain In The Last YearHarvatek Corporation ( TPE:6168 ) shareholders have seen the share price descend 21% over the month. But that doesn't...分析記事 • Jan 18What We Make Of Harvatek's (TPE:6168) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$17.05, the stock is trading at a trailing P/E ratio of 47.8x, down from the previous P/E ratio of 58.8x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 8.4%.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$19.40, the stock is trading at a trailing P/E ratio of 54.4x, up from the previous P/E ratio of 44.8x. 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 8.3%.Is New 90 Day High Low • Dec 31New 90-day high: NT$17.65The company is up 20% from its price of NT$14.65 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period.分析記事 • Dec 28Is Harvatek Corporation's (TPE:6168) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Most readers would already be aware that Harvatek's (TPE:6168) stock increased significantly by 14% over the past three...Is New 90 Day High Low • Dec 04New 90-day high: NT$16.40The company is up 9.0% from its price of NT$15.00 on 04 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 19% over the same period.分析記事 • Nov 20Does Harvatek's (TPE:6168) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$627.3m (up 21% from 3Q 2019). Net income: NT$17.4m (up NT$25.5m from 3Q 2019). Profit margin: 2.8% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 30New 90-day low: NT$13.35The company is down 10.0% from its price of NT$14.80 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period.株主還元6168TW SemiconductorTW 市場7D-7.3%-0.3%-0.3%1Y58.8%133.3%96.4%株主還元を見る業界別リターン: 6168過去 1 年間で133.3 % の収益を上げたTW Semiconductor業界を下回りました。リターン対市場: 6168は、過去 1 年間で96.4 % のリターンを上げたTW市場を下回りました。価格変動Is 6168's price volatile compared to industry and market?6168 volatility6168 Average Weekly Movement10.5%Semiconductor Industry Average Movement10.0%Market Average Movement6.6%10% most volatile stocks in TW Market11.9%10% least volatile stocks in TW Market2.6%安定した株価: 6168の株価は、 TW市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6168の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてTWの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995n/aBily Wangwww.harvatek.comHarvatek Corporationは、半導体チップおよびLEDの設計、製造、試験、輸出、販売を台湾内外で行っている。PCB、リードフレーム、CSP、COB、COX、ランプ、PLCCなどの可視LED製品、LEDデジタルディスプレイ、エミッタ、フォトトランジスタ、フォトダイオード、インタラプタ、光センサなどの赤外LED製品、ミニLED、OD CSPモジュール/自作装置などを提供している。同社の製品は、家電製品、ゲームアクセサリー、光学式タッチスクリーン、モバイル機器、ウェアラブル、セキュリティ対策、ディスプレイアプリケーション、照明に使用されている。同社はOEMメーカー、小売業者、デザインハウスを顧客としている。Harvatek Corporationは1995年に設立され、台湾の新竹市に本社を置いている。もっと見るHarvatek Corporation 基礎のまとめHarvatek の収益と売上を時価総額と比較するとどうか。6168 基礎統計学時価総額NT$5.50b収益（TTM）NT$14.62m売上高(TTM)NT$2.11b376.4xPER（株価収益率2.6xP/Sレシオ6168 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6168 損益計算書（TTM）収益NT$2.11b売上原価NT$1.60b売上総利益NT$509.90mその他の費用NT$495.27m収益NT$14.62m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.071グロス・マージン24.20%純利益率0.69%有利子負債／自己資本比率0.5%6168 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/16 21:29終値2026/07/16 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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Harvatek Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yvonne LuKGI Securities Co. Ltd.Raphael YangMasterlink Securities Investment AdvisorySi FuSinoPac Securities Investment Service
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.02 (vs NT$0.008 in 1Q 2025)First quarter 2026 results: EPS: NT$0.02 (up from NT$0.008 in 1Q 2025). Revenue: NT$503.0m (up 7.8% from 1Q 2025). Net income: NT$4.90m (up 213% from 1Q 2025). Profit margin: 1.0% (up from 0.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$0.05 (vs NT$0.028 in FY 2024)Full year 2025 results: EPS: NT$0.05 (up from NT$0.028 in FY 2024). Revenue: NT$2.07b (up 5.6% from FY 2024). Net income: NT$11.3m (up 93% from FY 2024). Profit margin: 0.5% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.02% net profit margin).
お知らせ • Mar 12Harvatek Corporation, Annual General Meeting, Jun 26, 2026Harvatek Corporation, Annual General Meeting, Jun 26, 2026. Location: 4 floor no,5, k`o chi rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.036 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (up from NT$0.036 in 3Q 2024). Revenue: NT$563.0m (up 5.4% from 3Q 2024). Net income: NT$29.5m (up 299% from 3Q 2024). Profit margin: 5.2% (up from 1.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
New Risk • Sep 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.02 (vs NT$0.008 in 1Q 2025)First quarter 2026 results: EPS: NT$0.02 (up from NT$0.008 in 1Q 2025). Revenue: NT$503.0m (up 7.8% from 1Q 2025). Net income: NT$4.90m (up 213% from 1Q 2025). Profit margin: 1.0% (up from 0.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$0.05 (vs NT$0.028 in FY 2024)Full year 2025 results: EPS: NT$0.05 (up from NT$0.028 in FY 2024). Revenue: NT$2.07b (up 5.6% from FY 2024). Net income: NT$11.3m (up 93% from FY 2024). Profit margin: 0.5% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.02% net profit margin).
お知らせ • Mar 12Harvatek Corporation, Annual General Meeting, Jun 26, 2026Harvatek Corporation, Annual General Meeting, Jun 26, 2026. Location: 4 floor no,5, k`o chi rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.036 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (up from NT$0.036 in 3Q 2024). Revenue: NT$563.0m (up 5.4% from 3Q 2024). Net income: NT$29.5m (up 299% from 3Q 2024). Profit margin: 5.2% (up from 1.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
New Risk • Sep 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years.
New Risk • May 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.025 in 1Q 2024)First quarter 2025 results: EPS: NT$0.01 (down from NT$0.025 in 1Q 2024). Revenue: NT$466.6m (up 1.7% from 1Q 2024). Net income: NT$1.57m (down 69% from 1Q 2024). Profit margin: 0.3% (down from 1.1% in 1Q 2024). 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 73 percentage points per year, which is a significant difference in performance.
New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 312% Earnings have declined by 2.0% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).
お知らせ • May 01Harvatek Corporation to Report Q1, 2025 Results on May 08, 2025Harvatek Corporation announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$94.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$3.12b market cap, or US$94.3m).
お知らせ • Mar 10Harvatek Corporation, Annual General Meeting, Jun 25, 2025Harvatek Corporation, Annual General Meeting, Jun 25, 2025. Location: no,773, ming hu rd., hsinchu city Taiwan
お知らせ • Mar 01Harvatek Corporation to Report Q4, 2024 Results on Mar 07, 2025Harvatek Corporation announced that they will report Q4, 2024 results on Mar 07, 2025
お知らせ • Feb 15Harvatek Corporation Announces Resignation of Yang, Zhi-Ming as Chief Internal AuditorHarvatek Corporation announced the resignation of Yang, Zhi-Ming as Chief Internal Auditor of the company. Effective date: 14 February 2025.
New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 394% Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
分析記事 • Dec 30Returns Are Gaining Momentum At Harvatek (TWSE:6168)What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.04 (down from NT$0.21 in 3Q 2023). Revenue: NT$534.4m (up 7.9% from 3Q 2023). Net income: NT$7.39m (down 83% from 3Q 2023). Profit margin: 1.4% (down from 8.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% 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.
お知らせ • Oct 29Harvatek Corporation to Report Q3, 2024 Results on Nov 05, 2024Harvatek Corporation announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.25 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.01 (down from NT$0.25 in 2Q 2023). Revenue: NT$491.8m (up 3.9% from 2Q 2023). Net income: NT$2.02m (down 96% from 2Q 2023). Profit margin: 0.4% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% 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: Minor Risks Dividend is not well covered by earnings (202% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
分析記事 • Aug 15Harvatek (TWSE:6168) Has Announced That Its Dividend Will Be Reduced To NT$0.50Harvatek Corporation's ( TWSE:6168 ) dividend is being reduced from last year's payment covering the same period to...
Declared Dividend • Aug 12Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.
お知らせ • Aug 10+ 1 more updateHarvatek Corporation Announces Members of the 6Nd Remuneration CommitteeHarvatek Corporation announced members of the 6nd Remuneration Committee. Date of occurrence of the change: August 9,2024. Name of the functional committees: Remuneration Committee. Name of the previous position holder: WU, KUANG-YI; LI, YU-CHENG; LIAO, MING-CHENG. Resume of the previous position holder: WU, KUANG-YI,Independent director of Harvatek Corporation; LI, YU-CHENG,Independent director of Harvatek Corporation; LIAO, MING-CHENG,Independent director of Harvatek Corporation. Name of the new position holder: CHEN, CHI-KAI; LI, PEI-YING. Resume of the new position holder: CHEN, CHI-KAI,General Manager of Macroblock, Inc; LI, PEI-YING,Vice General Manager of Holtek Semiconductor Incorporation. Reason for the change: term expired. Effective date of the new member: August 9,2024. Original term from August 20,2021 to August 19,2024.
お知らせ • Aug 02Harvatek Corporation to Report Q2, 2024 Results on Aug 09, 2024Harvatek Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
お知らせ • Jun 26Harvatek Corporation Announces Change of Members of the 3rd Audit and Risk Management CommitteeHarvatek Corporation announced change of members of the Company's 3rd Audit and Risk Management Committee. Name of the previous position holder: LI, YU-CHENG. Resume of the previous position holders: LI, YU-CHENG-Independent director of Harvatek Corporation. Name of the new position holder: CHEN, CHI-KAI and LI, PEI-YING. Resume of the new position holders: CHEN, CHI-KAI-President of Macroblock Inc. and LI, PEI-YING- Vice President of Holtek Semiconductor Inc. Circumstances of change: term expired. Original term from August 20, 2021 to August 19, 2024. Other members are: WU, KUANG-YI-Independent director of Harvatek Corporation; LIAO, MING-CHENG-Independent director of Harvatek Corporation. Date of occurrence of the change is June 25, 2024.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.04 in 1Q 2023)First quarter 2024 results: EPS: NT$0.02 (down from NT$0.04 in 1Q 2023). Revenue: NT$459.0m (down 11% from 1Q 2023). Net income: NT$5.07m (down 38% from 1Q 2023). Profit margin: 1.1% (down from 1.6% in 1Q 2023). 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 8% per year, which means it is well ahead of earnings.
分析記事 • Apr 08Earnings Troubles May Signal Larger Issues for Harvatek (TWSE:6168) ShareholdersA lackluster earnings announcement from Harvatek Corporation ( TWSE:6168 ) last week didn't sink the stock price...
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$0.52 (vs NT$1.82 in FY 2022)Full year 2023 results: EPS: NT$0.52 (down from NT$1.82 in FY 2022). Revenue: NT$2.03b (down 18% from FY 2022). Net income: NT$107.1m (down 72% from FY 2022). Profit margin: 5.3% (down from 15% 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 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 09Harvatek Corporation, Annual General Meeting, Jun 25, 2024Harvatek Corporation, Annual General Meeting, Jun 25, 2024. Location: Lakeshore Hotel (Leith Castle - Eiffel Banquet Room), located at No.733, Ming-Hu Rd., Hsinchu City Hsinchu City Taiwan Agenda: To approve the 2023 business operations; to approve the Audit Committee's report of 2023 audited financial statements ; to approve the 2023 compensation for employees and directors; to approve the Cash distribution to shareholders from 2023 earnings; to approve the 2023 Report on Director's Compensation; to amend the Company's Rules of Procedure for Directors Meeting; to elect new directors; and to consider others matters.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.48 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.21 (down from NT$0.48 in 3Q 2022). Revenue: NT$495.4m (down 8.8% from 3Q 2022). Net income: NT$43.0m (down 56% from 3Q 2022). Profit margin: 8.7% (down from 18% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$27.70, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 130% over the past three years.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$26.55, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Upcoming Dividend • Aug 22Upcoming dividend of NT$1.50 per share at 6.7% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 27 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.4%).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.25 (vs NT$0.55 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.25 (down from NT$0.55 in 2Q 2022). Revenue: NT$473.3m (down 35% from 2Q 2022). Net income: NT$51.3m (down 55% from 2Q 2022). Profit margin: 11% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 12Harvatek Corporation Announces Cash Dividend, Payable on September 27, 2023Harvatek Corporation announced original Cash dividends TWD 309,104,702 (TWD 1.5 per share) of common stock. Type and monetary amount of dividend distribution after the change: Cash dividends TWD 309,104,702 (TWD 1.5022 per share) of common stock. Ex-rights (ex-dividend) trading date is August 29, 2023. Ex-rights (ex-dividend) record date is September 4, 2023. Payment date of cash dividend distribution is September 27, 2023.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.52 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.48 (down from NT$0.52 in 3Q 2021). Revenue: NT$542.9m (down 33% from 3Q 2021). Net income: NT$98.3m (down 8.6% from 3Q 2021). Profit margin: 18% (up from 13% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Max Wu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 23 September 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.50 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.55 (up from NT$0.50 in 2Q 2021). Revenue: NT$728.0m (down 13% from 2Q 2021). Net income: NT$113.7m (up 11% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.56 (vs NT$0.51 in 1Q 2021)First quarter 2022 results: EPS: NT$0.56 (up from NT$0.51 in 1Q 2021). Revenue: NT$690.7m (up 1.3% from 1Q 2021). Net income: NT$115.8m (up 11% from 1Q 2021). Profit margin: 17% (up from 15% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to NT$33.00Up from NT$25.25, the current price target is provided by 1 analyst. New target price is 62% above last closing price of NT$20.40. Stock is down 14% over the past year. The company posted earnings per share of NT$1.80 last year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Max Wu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$1.80 (vs NT$0.70 in FY 2020)Full year 2021 results: EPS: NT$1.80 (up from NT$0.70 in FY 2020). Revenue: NT$3.00b (up 20% from FY 2020). Net income: NT$370.3m (up 158% from FY 2020). Profit margin: 12% (up from 5.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.085 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$805.1m (up 28% from 3Q 2020). Net income: NT$107.6m (up NT$90.2m from 3Q 2020). Profit margin: 13% (up from 2.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$28.80, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 157% over the past three years.
Upcoming Dividend • Aug 20Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$838.8m (up 58% from 2Q 2020). Net income: NT$102.4m (up 128% from 2Q 2020). Profit margin: 12% (up from 8.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 125% over the past three years.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$26.60, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 64% over the past three years.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$19.40, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 22% over the past three years.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.15 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$681.5m (up 12% from 1Q 2020). Net income: NT$104.7m (up 241% from 1Q 2020). Profit margin: 15% (up from 5.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$19.70, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past three years.
分析記事 • Apr 28Harvatek Corporation (TPE:6168) Is Yielding 3.0% - But Is It A Buy?Is Harvatek Corporation ( TPE:6168 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.70 (vs NT$0.073 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.51b (up 16% from FY 2019). Net income: NT$143.3m (up NT$128.3m from FY 2019). Profit margin: 5.7% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 09Harvatek (TPE:6168) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Feb 04Harvatek (TPE:6168) Shareholders Booked A 39% Gain In The Last YearHarvatek Corporation ( TPE:6168 ) shareholders have seen the share price descend 21% over the month. But that doesn't...
分析記事 • Jan 18What We Make Of Harvatek's (TPE:6168) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$17.05, the stock is trading at a trailing P/E ratio of 47.8x, down from the previous P/E ratio of 58.8x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 8.4%.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$19.40, the stock is trading at a trailing P/E ratio of 54.4x, up from the previous P/E ratio of 44.8x. 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 8.3%.
Is New 90 Day High Low • Dec 31New 90-day high: NT$17.65The company is up 20% from its price of NT$14.65 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period.
分析記事 • Dec 28Is Harvatek Corporation's (TPE:6168) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Most readers would already be aware that Harvatek's (TPE:6168) stock increased significantly by 14% over the past three...
Is New 90 Day High Low • Dec 04New 90-day high: NT$16.40The company is up 9.0% from its price of NT$15.00 on 04 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 19% over the same period.
分析記事 • Nov 20Does Harvatek's (TPE:6168) Statutory Profit Adequately Reflect Its Underlying Profit?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$627.3m (up 21% from 3Q 2019). Net income: NT$17.4m (up NT$25.5m from 3Q 2019). Profit margin: 2.8% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 30New 90-day low: NT$13.35The company is down 10.0% from its price of NT$14.80 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 2.0% over the same period.
