View Future GrowthFittech 過去の業績過去 基準チェック /06Fittechの収益は年間平均-59.5%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% 40%割合で 減少しています。主要情報-59.49%収益成長率-59.69%EPS成長率Semiconductor 業界の成長19.89%収益成長率-39.99%株主資本利益率-9.76%ネット・マージン-57.74%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: NT$0.96 loss per share (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: NT$0.96 loss per share (further deteriorated from NT$0.20 loss in 1Q 2025). Revenue: NT$160.0m (down 62% from 1Q 2025). Net loss: NT$75.3m (loss widened 367% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.28 loss per share (vs NT$1.36 loss in 3Q 2024)Third quarter 2025 results: NT$0.28 loss per share (improved from NT$1.36 loss in 3Q 2024). Revenue: NT$108.1m (down 49% from 3Q 2024). Net loss: NT$22.0m (loss narrowed 78% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$3.20 loss per share (vs NT$1.67 loss in 2Q 2024)Second quarter 2025 results: NT$3.20 loss per share (further deteriorated from NT$1.67 loss in 2Q 2024). Revenue: NT$249.9m (up 48% from 2Q 2024). Net loss: NT$251.5m (loss widened 105% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.21 loss per share (vs NT$0.98 loss in 1Q 2024)First quarter 2025 results: NT$0.21 loss per share (improved from NT$0.98 loss in 1Q 2024). Revenue: NT$420.3m (up 134% from 1Q 2024). Net loss: NT$16.1m (loss narrowed 78% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.お知らせ • May 01Fittech Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Fittech Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: NT$4.29 loss per share (improved from NT$5.13 loss in FY 2023). Revenue: NT$927.9m (down 30% from FY 2023). Net loss: NT$317.6m (loss narrowed 16% from FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: NT$0.96 loss per share (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: NT$0.96 loss per share (further deteriorated from NT$0.20 loss in 1Q 2025). Revenue: NT$160.0m (down 62% from 1Q 2025). Net loss: NT$75.3m (loss widened 367% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Mar 09Fittech Co., Ltd., Annual General Meeting, Jun 12, 2026Fittech Co., Ltd., Annual General Meeting, Jun 12, 2026.New Risk • Nov 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 50% per year over the past 5 years.Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.28 loss per share (vs NT$1.36 loss in 3Q 2024)Third quarter 2025 results: NT$0.28 loss per share (improved from NT$1.36 loss in 3Q 2024). Revenue: NT$108.1m (down 49% from 3Q 2024). Net loss: NT$22.0m (loss narrowed 78% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$3.20 loss per share (vs NT$1.67 loss in 2Q 2024)Second quarter 2025 results: NT$3.20 loss per share (further deteriorated from NT$1.67 loss in 2Q 2024). Revenue: NT$249.9m (up 48% from 2Q 2024). Net loss: NT$251.5m (loss widened 105% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.21 loss per share (vs NT$0.98 loss in 1Q 2024)First quarter 2025 results: NT$0.21 loss per share (improved from NT$0.98 loss in 1Q 2024). Revenue: NT$420.3m (up 134% from 1Q 2024). Net loss: NT$16.1m (loss narrowed 78% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.お知らせ • May 01Fittech Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Fittech Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025分析記事 • Mar 31Fittech Co., Ltd.'s (TWSE:6706) 25% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, Fittech Co., Ltd. ( TWSE:6706 ) shares are down a considerable 25% in the last...Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: NT$4.29 loss per share (improved from NT$5.13 loss in FY 2023). Revenue: NT$927.9m (down 30% from FY 2023). Net loss: NT$317.6m (loss narrowed 16% from FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Mar 10Fittech Co., Ltd., Annual General Meeting, Jun 13, 2025Fittech Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: no,3, kung yeh ou rd., hsieh huo li, hsi tun district, taichung city Taiwanお知らせ • Feb 28Fittech Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Fittech Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025分析記事 • Jan 03Some Confidence Is Lacking In Fittech Co., Ltd. (TWSE:6706) As Shares Slide 28%Fittech Co., Ltd. ( TWSE:6706 ) shareholders that were waiting for something to happen have been dealt a blow with a...New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Shareholders have been diluted in the past year (6.8% increase in shares outstanding).Reported Earnings • Nov 12Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: NT$1.36 loss per share (further deteriorated from NT$0.11 loss in 3Q 2023). Revenue: NT$213.0m (down 22% from 3Q 2023). Net loss: NT$100.2m (loss widened NT$92.3m from 3Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 116%. Revenue is forecast to grow 108% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.分析記事 • Nov 07What You Can Learn From Fittech Co.,Ltd's (TWSE:6706) P/SWhen you see that almost half of the companies in the Semiconductor industry in Taiwan have price-to-sales ratios (or...お知らせ • Oct 25Fittech Co.,Ltd to Report Q3, 2024 Results on Nov 01, 2024Fittech Co.,Ltd announced that they will report Q3, 2024 results on Nov 01, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$1.67 loss per share (vs NT$1.05 loss in 2Q 2023)Second quarter 2024 results: NT$1.67 loss per share (further deteriorated from NT$1.05 loss in 2Q 2023). Revenue: NT$169.0m (down 58% from 2Q 2023). Net loss: NT$122.9m (loss widened 60% from 2Q 2023). Revenue is forecast to grow 88% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • Aug 03Fittech Co.,Ltd announced that it expects to receive TWD 550 million in fundingFittech Co.,Ltd announced a private placement to issue 5,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 50,000,000 and Series 7 Domestic Unsecured Convertible Bonds for the gross proceeds of TWD 500,000,000; aggregate gross proceeds of TWD 550,000,000 on August 2, 2024. The transaction has been approved by shareholders of company. Series 7 Bonds - The bonds bear zero coupon rate and matures after 3 years,お知らせ • Jul 27Fittech Co.,Ltd to Report Q2, 2024 Results on Aug 02, 2024Fittech Co.,Ltd announced that they will report Q2, 2024 results on Aug 02, 2024分析記事 • Jul 12What Fittech Co.,Ltd's (TWSE:6706) 45% Share Price Gain Is Not Telling YouFittech Co.,Ltd ( TWSE:6706 ) shares have continued their recent momentum with a 45% gain in the last month alone. The...分析記事 • Jul 05Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • May 21Fittech Co.,Ltd's (TWSE:6706) Shares Climb 36% But Its Business Is Yet to Catch UpFittech Co.,Ltd ( TWSE:6706 ) shareholders would be excited to see that the share price has had a great month, posting...Reported Earnings • May 19First quarter 2024 earnings released: NT$0.98 loss per share (vs NT$0.78 loss in 1Q 2023)First quarter 2024 results: NT$0.98 loss per share (further deteriorated from NT$0.78 loss in 1Q 2023). Revenue: NT$179.7m (down 55% from 1Q 2023). Net loss: NT$71.9m (loss widened 25% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • May 03Fittech Co.,Ltd to Report Q1, 2024 Results on May 10, 2024Fittech Co.,Ltd announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Apr 02Full year 2023 earnings released: NT$5.13 loss per share (vs NT$12.66 profit in FY 2022)Full year 2023 results: NT$5.13 loss per share (down from NT$12.66 profit in FY 2022). Revenue: NT$1.33b (down 70% from FY 2022). Net loss: NT$377.2m (down 141% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 35% per year.お知らせ • Mar 08Fittech Co.,Ltd, Annual General Meeting, Jun 14, 2024Fittech Co.,Ltd, Annual General Meeting, Jun 14, 2024. Location: No.3, Gongyequ 35th Rd., Xitun Dist., Taichung City Taiwan Agenda: To consider the 2023 business report; to consider Audit Committees review report; and to consider the 2023 employees profit sharing and directors compensation.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: NT$1.05 loss per share (down from NT$4.25 profit in 2Q 2022). Revenue: NT$406.8m (down 72% from 2Q 2022). Net loss: NT$76.9m (down 125% from profit in 2Q 2022). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 20Upcoming dividend of NT$3.50 per share at 4.6% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Reported Earnings • Apr 01Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$12.66 (down from NT$13.98 in FY 2021). Revenue: NT$4.46b (down 22% from FY 2021). Net income: NT$930.7m (down 6.9% from FY 2021). Profit margin: 21% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 24Consensus revenue estimates fall by 24%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$5.94b to NT$4.50b. EPS estimate fell from NT$15.33 to NT$12.69 per share. Net income forecast to shrink 50% next year vs 13% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$131 to NT$117. Share price was steady at NT$90.40 over the past week.Price Target Changed • Nov 16Price target decreased to NT$131Down from NT$151, the current price target is an average from 3 analysts. New target price is 47% above last closing price of NT$88.90. Stock is down 59% over the past year. The company is forecast to post earnings per share of NT$13.48 for next year compared to NT$13.98 last year.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. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Shijie Lin 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 • Nov 13Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$3.33 (down from NT$4.46 in 3Q 2021). Revenue: NT$786.3m (down 48% from 3Q 2021). Net income: NT$245.0m (down 24% from 3Q 2021). Profit margin: 31% (up from 21% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 08Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$5.77b to NT$4.78b. EPS estimate fell from NT$16.02 to NT$13.48 per share. Net income forecast to shrink 12% next year vs 7.2% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$151 to NT$131. Share price rose 5.2% to NT$84.70 over the past week.Major Estimate Revision • Aug 12Consensus revenue estimates fall by 19%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$7.09b to NT$5.77b. EPS estimate fell from NT$17.05 to NT$13.91 per share. Net income forecast to shrink 15% next year vs 2.0% growth forecast for Semiconductor industry in Taiwan . Consensus price target down from NT$174 to NT$151. Share price rose 4.9% to NT$117 over the past week.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$4.25 (up from NT$2.57 in 2Q 2021). Revenue: NT$1.47b (up 6.6% from 2Q 2021). Net income: NT$312.4m (up 68% from 2Q 2021). Profit margin: 21% (up from 13% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 24%. Over the next year, revenue is forecast to grow 16%, compared to a 21% growth forecast for the industry in Taiwan. 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 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.7%).Price Target Changed • Jul 02Price target decreased to NT$174Down from NT$197, the current price target is an average from 3 analysts. New target price is 47% above last closing price of NT$118. Stock is down 32% over the past year. The company is forecast to post earnings per share of NT$17.05 for next year compared to NT$13.98 last year.Buying Opportunity • Jun 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be NT$200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 7.4% in the next year.Price Target Changed • May 14Price target decreased to NT$207Down from NT$275, the current price target is an average from 2 analysts. New target price is 34% above last closing price of NT$154. Stock is up 8.1% over the past year. The company is forecast to post earnings per share of NT$17.27 for next year compared to NT$13.98 last year.Reported Earnings • May 09First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$5.18 (up from NT$2.49 in 1Q 2021). Revenue: NT$1.82b (up 53% from 1Q 2021). Net income: NT$380.8m (up 122% from 1Q 2021). Profit margin: 21% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 19%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 34% per 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. 9 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Shijie Lin 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.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$255, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 447% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$184 per share.Price Target Changed • Dec 09Price target increased to NT$280Up from NT$262, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$219. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.05 for next year compared to NT$5.12 last year.Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from NT$11.85 to NT$13.05. Revenue forecast steady at NT$5.67b. Net income forecast to grow 44% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$262 to NT$273. Share price rose 6.6% to NT$219 over the past week.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$4.46 (vs NT$1.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.51b (up 138% from 3Q 2020). Net income: NT$321.9m (up 310% from 3Q 2020). Profit margin: 21% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.Price Target Changed • Nov 07Price target increased to NT$262Up from NT$243, the current price target is an average from 3 analysts. New target price is 18% above last closing price of NT$222. Stock is up 54% over the past year. The company is forecast to post earnings per share of NT$12.35 for next year compared to NT$5.12 last year.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$199, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 41% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$172 per share.Upcoming Dividend • Sep 22Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 13 October 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.1%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$2.57 (vs NT$0.65 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.38b (up 84% from 2Q 2020). Net income: NT$185.5m (up 326% from 2Q 2020). Profit margin: 13% (up from 5.8% in 2Q 2020). The increase in margin was driven by higher revenue.Price Target Changed • Jul 30Price target increased to NT$252Up from NT$228, the current price target is an average from 3 analysts. New target price is 21% above last closing price of NT$208. Stock is up 36% over the past year.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$207, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$156 per share.Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$2.49 (vs NT$1.04 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.18b (up 32% from 1Q 2020). Net income: NT$171.3m (up 146% from 1Q 2020). Profit margin: 14% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue.Price Target Changed • May 12Price target decreased to NT$228Down from NT$255, the current price target is an average from 3 analysts. New target price is 55% above last closing price of NT$147. Stock is up 7.7% over the past year.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$216, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 172% over the past year.分析記事 • Apr 06FittechLtd (TPE:6706) Is Looking To Continue Growing Its Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$5.12 (vs NT$5.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.16b (down 15% from FY 2019). Net income: NT$342.8m (up 8.4% from FY 2019). Profit margin: 11% (up from 8.5% in FY 2019). The increase in margin was driven by lower expenses.分析記事 • Mar 19Is Fittech Co.,Ltd's (TPE:6706) 1.8% Dividend Sustainable?Dividend paying stocks like Fittech Co.,Ltd ( TPE:6706 ) tend to be popular with investors, and for good reason - some...分析記事 • Mar 04These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Feb 10We're Not So Sure You Should Rely on FittechLtd's (TPE:6706) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...分析記事 • Jan 27Is Fittech Co.,Ltd's (TPE:6706) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?FittechLtd's (TPE:6706) stock is up by a considerable 11% over the past three months. Given that the market rewards...分析記事 • Jan 12FittechLtd (TPE:6706) Shareholders Have Enjoyed A 33% Share Price GainIf you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...分析記事 • Dec 23The Trends At FittechLtd (TPE:6706) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...分析記事 • Dec 10Is Fittech Co.,Ltd (TPE:6706) A Good Dividend Stock?Could Fittech Co.,Ltd ( TPE:6706 ) be an attractive dividend share to own for the long haul? Investors are often drawn...Is New 90 Day High Low • Nov 27New 90-day high: NT$175The company is up 14% from its price of NT$154 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 15% over the same period.分析記事 • Nov 25Is There Now An Opportunity In Fittech Co.,Ltd (TPE:6706)?Fittech Co.,Ltd (TPE:6706), is not the largest company out there, but it saw a double-digit share price rise of over...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$636.9m (down 27% from 3Q 2019). Net income: NT$78.6m (up 42% from 3Q 2019). Profit margin: 12% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Oct 16New 90-day low: NT$133The company is down 11% from its price of NT$149 on 17 July 2020. The Taiwanese market is up 5.0% 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.収支内訳Fittech 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:6706 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 26636-36720522331 Dec 25896-30821922330 Sep 251,144-31225024130 Jun 251,249-39026123931 Mar 251,168-26229324831 Dec 24928-31836622830 Sep 24823-53043121830 Jun 24881-43850119031 Mar 241,119-39248018431 Dec 231,334-37742418730 Sep 231,456-15032417730 Jun 231,97110334518831 Mar 233,03649245220931 Dec 224,45893160521530 Sep 225,7131,25982722730 Jun 226,4391,33684624131 Mar 226,3471,20989020931 Dec 215,71599983720330 Sep 214,95583074219030 Jun 214,08058761319531 Mar 213,44844550319531 Dec 203,16034343220330 Sep 203,09021941020630 Jun 203,32719649621231 Mar 203,67428452022631 Dec 193,71831649420530 Sep 194,13744156722430 Jun 193,62239150617831 Mar 193,16836748318931 Dec 183,14829754620730 Sep 182,80923152717530 Jun 183,33931263418431 Mar 183,50328167215231 Dec 173,38932767813631 Dec 161,70524440910731 Dec 15438129061質の高い収益: 6706は現在利益が出ていません。利益率の向上: 6706は現在利益が出ていません。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: 6706は利益が出ておらず、過去 5 年間で損失は年間59.5%の割合で増加しています。成長の加速: 6706の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 6706は利益が出ていないため、過去 1 年間の収益成長をSemiconductor業界 ( 2.4% ) と比較することは困難です。株主資本利益率高いROE: 6706は現在利益が出ていないため、自己資本利益率 ( -9.76% ) はマイナスです。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2026/05/22 07:45終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Fittech 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。3 アナリスト機関Nicole TuHSBCnull nullKGI Securities Co. Ltd.Nicole TuYuanta Research
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.96 loss per share (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: NT$0.96 loss per share (further deteriorated from NT$0.20 loss in 1Q 2025). Revenue: NT$160.0m (down 62% from 1Q 2025). Net loss: NT$75.3m (loss widened 367% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.28 loss per share (vs NT$1.36 loss in 3Q 2024)Third quarter 2025 results: NT$0.28 loss per share (improved from NT$1.36 loss in 3Q 2024). Revenue: NT$108.1m (down 49% from 3Q 2024). Net loss: NT$22.0m (loss narrowed 78% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$3.20 loss per share (vs NT$1.67 loss in 2Q 2024)Second quarter 2025 results: NT$3.20 loss per share (further deteriorated from NT$1.67 loss in 2Q 2024). Revenue: NT$249.9m (up 48% from 2Q 2024). Net loss: NT$251.5m (loss widened 105% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.21 loss per share (vs NT$0.98 loss in 1Q 2024)First quarter 2025 results: NT$0.21 loss per share (improved from NT$0.98 loss in 1Q 2024). Revenue: NT$420.3m (up 134% from 1Q 2024). Net loss: NT$16.1m (loss narrowed 78% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Fittech Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Fittech Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: NT$4.29 loss per share (improved from NT$5.13 loss in FY 2023). Revenue: NT$927.9m (down 30% from FY 2023). Net loss: NT$317.6m (loss narrowed 16% from FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.96 loss per share (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: NT$0.96 loss per share (further deteriorated from NT$0.20 loss in 1Q 2025). Revenue: NT$160.0m (down 62% from 1Q 2025). Net loss: NT$75.3m (loss widened 367% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Mar 09Fittech Co., Ltd., Annual General Meeting, Jun 12, 2026Fittech Co., Ltd., Annual General Meeting, Jun 12, 2026.
New Risk • Nov 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 50% per year over the past 5 years.
Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.28 loss per share (vs NT$1.36 loss in 3Q 2024)Third quarter 2025 results: NT$0.28 loss per share (improved from NT$1.36 loss in 3Q 2024). Revenue: NT$108.1m (down 49% from 3Q 2024). Net loss: NT$22.0m (loss narrowed 78% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$3.20 loss per share (vs NT$1.67 loss in 2Q 2024)Second quarter 2025 results: NT$3.20 loss per share (further deteriorated from NT$1.67 loss in 2Q 2024). Revenue: NT$249.9m (up 48% from 2Q 2024). Net loss: NT$251.5m (loss widened 105% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.21 loss per share (vs NT$0.98 loss in 1Q 2024)First quarter 2025 results: NT$0.21 loss per share (improved from NT$0.98 loss in 1Q 2024). Revenue: NT$420.3m (up 134% from 1Q 2024). Net loss: NT$16.1m (loss narrowed 78% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Fittech Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Fittech Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
分析記事 • Mar 31Fittech Co., Ltd.'s (TWSE:6706) 25% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, Fittech Co., Ltd. ( TWSE:6706 ) shares are down a considerable 25% in the last...
Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: NT$4.29 loss per share (improved from NT$5.13 loss in FY 2023). Revenue: NT$927.9m (down 30% from FY 2023). Net loss: NT$317.6m (loss narrowed 16% from FY 2023). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 59%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 10Fittech Co., Ltd., Annual General Meeting, Jun 13, 2025Fittech Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: no,3, kung yeh ou rd., hsieh huo li, hsi tun district, taichung city Taiwan
お知らせ • Feb 28Fittech Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Fittech Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025
分析記事 • Jan 03Some Confidence Is Lacking In Fittech Co., Ltd. (TWSE:6706) As Shares Slide 28%Fittech Co., Ltd. ( TWSE:6706 ) shareholders that were waiting for something to happen have been dealt a blow with a...
New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Shareholders have been diluted in the past year (6.8% increase in shares outstanding).
Reported Earnings • Nov 12Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: NT$1.36 loss per share (further deteriorated from NT$0.11 loss in 3Q 2023). Revenue: NT$213.0m (down 22% from 3Q 2023). Net loss: NT$100.2m (loss widened NT$92.3m from 3Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 116%. Revenue is forecast to grow 108% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 07What You Can Learn From Fittech Co.,Ltd's (TWSE:6706) P/SWhen you see that almost half of the companies in the Semiconductor industry in Taiwan have price-to-sales ratios (or...
お知らせ • Oct 25Fittech Co.,Ltd to Report Q3, 2024 Results on Nov 01, 2024Fittech Co.,Ltd announced that they will report Q3, 2024 results on Nov 01, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$1.67 loss per share (vs NT$1.05 loss in 2Q 2023)Second quarter 2024 results: NT$1.67 loss per share (further deteriorated from NT$1.05 loss in 2Q 2023). Revenue: NT$169.0m (down 58% from 2Q 2023). Net loss: NT$122.9m (loss widened 60% from 2Q 2023). Revenue is forecast to grow 88% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 03Fittech Co.,Ltd announced that it expects to receive TWD 550 million in fundingFittech Co.,Ltd announced a private placement to issue 5,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 50,000,000 and Series 7 Domestic Unsecured Convertible Bonds for the gross proceeds of TWD 500,000,000; aggregate gross proceeds of TWD 550,000,000 on August 2, 2024. The transaction has been approved by shareholders of company. Series 7 Bonds - The bonds bear zero coupon rate and matures after 3 years,
お知らせ • Jul 27Fittech Co.,Ltd to Report Q2, 2024 Results on Aug 02, 2024Fittech Co.,Ltd announced that they will report Q2, 2024 results on Aug 02, 2024
分析記事 • Jul 12What Fittech Co.,Ltd's (TWSE:6706) 45% Share Price Gain Is Not Telling YouFittech Co.,Ltd ( TWSE:6706 ) shares have continued their recent momentum with a 45% gain in the last month alone. The...
分析記事 • Jul 05Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • May 21Fittech Co.,Ltd's (TWSE:6706) Shares Climb 36% But Its Business Is Yet to Catch UpFittech Co.,Ltd ( TWSE:6706 ) shareholders would be excited to see that the share price has had a great month, posting...
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.98 loss per share (vs NT$0.78 loss in 1Q 2023)First quarter 2024 results: NT$0.98 loss per share (further deteriorated from NT$0.78 loss in 1Q 2023). Revenue: NT$179.7m (down 55% from 1Q 2023). Net loss: NT$71.9m (loss widened 25% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • May 03Fittech Co.,Ltd to Report Q1, 2024 Results on May 10, 2024Fittech Co.,Ltd announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Apr 02Full year 2023 earnings released: NT$5.13 loss per share (vs NT$12.66 profit in FY 2022)Full year 2023 results: NT$5.13 loss per share (down from NT$12.66 profit in FY 2022). Revenue: NT$1.33b (down 70% from FY 2022). Net loss: NT$377.2m (down 141% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 35% per year.
お知らせ • Mar 08Fittech Co.,Ltd, Annual General Meeting, Jun 14, 2024Fittech Co.,Ltd, Annual General Meeting, Jun 14, 2024. Location: No.3, Gongyequ 35th Rd., Xitun Dist., Taichung City Taiwan Agenda: To consider the 2023 business report; to consider Audit Committees review report; and to consider the 2023 employees profit sharing and directors compensation.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: NT$1.05 loss per share (down from NT$4.25 profit in 2Q 2022). Revenue: NT$406.8m (down 72% from 2Q 2022). Net loss: NT$76.9m (down 125% from profit in 2Q 2022). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 20Upcoming dividend of NT$3.50 per share at 4.6% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Reported Earnings • Apr 01Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$12.66 (down from NT$13.98 in FY 2021). Revenue: NT$4.46b (down 22% from FY 2021). Net income: NT$930.7m (down 6.9% from FY 2021). Profit margin: 21% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 24Consensus revenue estimates fall by 24%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$5.94b to NT$4.50b. EPS estimate fell from NT$15.33 to NT$12.69 per share. Net income forecast to shrink 50% next year vs 13% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$131 to NT$117. Share price was steady at NT$90.40 over the past week.
Price Target Changed • Nov 16Price target decreased to NT$131Down from NT$151, the current price target is an average from 3 analysts. New target price is 47% above last closing price of NT$88.90. Stock is down 59% over the past year. The company is forecast to post earnings per share of NT$13.48 for next year compared to NT$13.98 last year.
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. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Shijie Lin 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 • Nov 13Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$3.33 (down from NT$4.46 in 3Q 2021). Revenue: NT$786.3m (down 48% from 3Q 2021). Net income: NT$245.0m (down 24% from 3Q 2021). Profit margin: 31% (up from 21% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 08Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$5.77b to NT$4.78b. EPS estimate fell from NT$16.02 to NT$13.48 per share. Net income forecast to shrink 12% next year vs 7.2% decline forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$151 to NT$131. Share price rose 5.2% to NT$84.70 over the past week.
Major Estimate Revision • Aug 12Consensus revenue estimates fall by 19%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$7.09b to NT$5.77b. EPS estimate fell from NT$17.05 to NT$13.91 per share. Net income forecast to shrink 15% next year vs 2.0% growth forecast for Semiconductor industry in Taiwan . Consensus price target down from NT$174 to NT$151. Share price rose 4.9% to NT$117 over the past week.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$4.25 (up from NT$2.57 in 2Q 2021). Revenue: NT$1.47b (up 6.6% from 2Q 2021). Net income: NT$312.4m (up 68% from 2Q 2021). Profit margin: 21% (up from 13% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 24%. Over the next year, revenue is forecast to grow 16%, compared to a 21% growth forecast for the industry in Taiwan. 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 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 17 August 2022. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.7%).
Price Target Changed • Jul 02Price target decreased to NT$174Down from NT$197, the current price target is an average from 3 analysts. New target price is 47% above last closing price of NT$118. Stock is down 32% over the past year. The company is forecast to post earnings per share of NT$17.05 for next year compared to NT$13.98 last year.
Buying Opportunity • Jun 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be NT$200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 7.4% in the next year.
Price Target Changed • May 14Price target decreased to NT$207Down from NT$275, the current price target is an average from 2 analysts. New target price is 34% above last closing price of NT$154. Stock is up 8.1% over the past year. The company is forecast to post earnings per share of NT$17.27 for next year compared to NT$13.98 last year.
Reported Earnings • May 09First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$5.18 (up from NT$2.49 in 1Q 2021). Revenue: NT$1.82b (up 53% from 1Q 2021). Net income: NT$380.8m (up 122% from 1Q 2021). Profit margin: 21% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 19%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 34% per 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. 9 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Shijie Lin 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.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$255, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 447% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$184 per share.
Price Target Changed • Dec 09Price target increased to NT$280Up from NT$262, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$219. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.05 for next year compared to NT$5.12 last year.
Major Estimate Revision • Dec 09Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from NT$11.85 to NT$13.05. Revenue forecast steady at NT$5.67b. Net income forecast to grow 44% next year vs 30% growth forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$262 to NT$273. Share price rose 6.6% to NT$219 over the past week.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$4.46 (vs NT$1.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.51b (up 138% from 3Q 2020). Net income: NT$321.9m (up 310% from 3Q 2020). Profit margin: 21% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue.
Price Target Changed • Nov 07Price target increased to NT$262Up from NT$243, the current price target is an average from 3 analysts. New target price is 18% above last closing price of NT$222. Stock is up 54% over the past year. The company is forecast to post earnings per share of NT$12.35 for next year compared to NT$5.12 last year.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$199, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 41% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$172 per share.
Upcoming Dividend • Sep 22Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 13 October 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.1%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$2.57 (vs NT$0.65 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.38b (up 84% from 2Q 2020). Net income: NT$185.5m (up 326% from 2Q 2020). Profit margin: 13% (up from 5.8% in 2Q 2020). The increase in margin was driven by higher revenue.
Price Target Changed • Jul 30Price target increased to NT$252Up from NT$228, the current price target is an average from 3 analysts. New target price is 21% above last closing price of NT$208. Stock is up 36% over the past year.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$207, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$156 per share.
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$2.49 (vs NT$1.04 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.18b (up 32% from 1Q 2020). Net income: NT$171.3m (up 146% from 1Q 2020). Profit margin: 14% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue.
Price Target Changed • May 12Price target decreased to NT$228Down from NT$255, the current price target is an average from 3 analysts. New target price is 55% above last closing price of NT$147. Stock is up 7.7% over the past year.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$216, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 172% over the past year.
分析記事 • Apr 06FittechLtd (TPE:6706) Is Looking To Continue Growing Its Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$5.12 (vs NT$5.19 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.16b (down 15% from FY 2019). Net income: NT$342.8m (up 8.4% from FY 2019). Profit margin: 11% (up from 8.5% in FY 2019). The increase in margin was driven by lower expenses.
分析記事 • Mar 19Is Fittech Co.,Ltd's (TPE:6706) 1.8% Dividend Sustainable?Dividend paying stocks like Fittech Co.,Ltd ( TPE:6706 ) tend to be popular with investors, and for good reason - some...
分析記事 • Mar 04These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Feb 10We're Not So Sure You Should Rely on FittechLtd's (TPE:6706) Statutory EarningsAs a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
分析記事 • Jan 27Is Fittech Co.,Ltd's (TPE:6706) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?FittechLtd's (TPE:6706) stock is up by a considerable 11% over the past three months. Given that the market rewards...
分析記事 • Jan 12FittechLtd (TPE:6706) Shareholders Have Enjoyed A 33% Share Price GainIf you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...
分析記事 • Dec 23The Trends At FittechLtd (TPE:6706) That You Should Know AboutDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
分析記事 • Dec 10Is Fittech Co.,Ltd (TPE:6706) A Good Dividend Stock?Could Fittech Co.,Ltd ( TPE:6706 ) be an attractive dividend share to own for the long haul? Investors are often drawn...
Is New 90 Day High Low • Nov 27New 90-day high: NT$175The company is up 14% from its price of NT$154 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 15% over the same period.
分析記事 • Nov 25Is There Now An Opportunity In Fittech Co.,Ltd (TPE:6706)?Fittech Co.,Ltd (TPE:6706), is not the largest company out there, but it saw a double-digit share price rise of over...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$636.9m (down 27% from 3Q 2019). Net income: NT$78.6m (up 42% from 3Q 2019). Profit margin: 12% (up from 6.3% in 3Q 2019). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Oct 16New 90-day low: NT$133The company is down 11% from its price of NT$149 on 17 July 2020. The Taiwanese market is up 5.0% 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.