View DividendPowerchip Semiconductor Manufacturing マネジメントマネジメント 基準チェック /34現在、CEO に関する十分な情報がありません。主要情報Frank Huang最高経営責任者NT$28.2m報酬総額CEO給与比率73.64%CEO在任期間7yrsCEOの所有権n/a経営陣の平均在職期間6.2yrs取締役会の平均在任期間4.8yrs経営陣の近況お知らせ • Jan 21Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwanお知らせ • Feb 27Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwanお知らせ • May 24+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Announces Change of PresidentPowerchip Semiconductor Manufacturing Corp. announced change of president. Name and Resume of the previous position holder is Brian Shieh, Deputy CEO and President of the company. Name and resume of the new position holder is Martin Chu, Executive Vice President of the company. Reason for the change: Due to the tenure expiration, the new Directors was Resignation. Effective date of the new appointment is May 21, 2024.お知らせ • May 23Powerchip Semiconductor Manufacturing Corp. Announces Appointment of Brian Shieh as Vice ChairmanPowerchip Semiconductor Manufacturing Corp. announced appointment of Brian Shieh as Vice Chairman. Name and Resume of the new position holder is Brian Shieh, Deputy CEO and President of Powerchip Semiconductor Manufacturing Corporation. Reason for the change: Elected by Board of Directors. Effective date of the new appointment is May 21, 2024.お知らせ • Feb 22Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024. Location: No.773, Ming-Hu Rd Lakeshore Hotel B1 Hsin Chu Taiwan Agenda: To Report 2023 Earnings Distribution; to accept 2023 Business Report and Financial Statements; to accept 2023 Earnings Distribution; Report 2023 Distributable Compensation for Employees and Directors; and to discuss other matters.お知らせ • Sep 26Powerchip Semiconductor Manufacturing Corp. Announces Board of Directors's Resolved to Establish the Nominating Committee and the Appointment of Its MembersPowerchip Semiconductor Manufacturing Corp. announced that Board of Directors's resolved to establish the nominating committee and the appointment of its members. Name of the functional committees: Nominating Committee. Name of the new position holder: Frank Huang; Chong-Yu Wu; and Jia-Lin Chang. Resume of the new position holder: Frank Huang: Chairman and CEO of Powerchip Semiconductor Manufacturing Corporation; Chong-Yu Wu: Chairman and CTO of A-Neuron Electronic Corporation; Jia-Lin Chang: Chairman of Changing. AI Inc. Effective date of the new member: September 25, 2023.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$63.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 114% over the past three years.Reported Earnings • May 01First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$3.00 (up from NT$0.26 loss in 1Q 2025). Revenue: NT$13.6b (up 22% from 1Q 2025). Net income: NT$14.2b (up NT$15.3b from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% 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 87 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 22Price target increased by 8.2% to NT$67.00Up from NT$61.94, the current price target is an average from 5 analysts. New target price is 18% above last closing price of NT$57.00. Stock is up 296% over the past year. The company is forecast to post earnings per share of NT$7.08 next year compared to a net loss per share of NT$1.86 last year.New Risk • Mar 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change).Reported Earnings • Feb 27Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: NT$1.86 loss per share (further deteriorated from NT$1.64 loss in FY 2024). Revenue: NT$46.7b (up 4.5% from FY 2024). Net loss: NT$7.81b (loss widened 15% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 19% 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 147 percentage points per year, which is a significant difference in performance.お知らせ • Feb 14Powerchip Semiconductor Manufacturing Corp. to Report Q4, 2025 Results on Feb 24, 2026Powerchip Semiconductor Manufacturing Corp. announced that they will report Q4, 2025 results on Feb 24, 2026お知らせ • Jan 21Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city TaiwanMajor Estimate Revision • Jan 20Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -NT$1.42 to -NT$1.66 per share. Revenue forecast unchanged at NT$47.2b. Semiconductor industry in Taiwan expected to see average net income growth of 36% next year. Consensus price target up from NT$33.40 to NT$40.60. Share price rose 35% to NT$68.20 over the past week.Price Target Changed • Nov 21Price target increased by 25% to NT$33.40Up from NT$26.70, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$33.15. Stock is up 88% over the past year. The company is forecast to post a net loss per share of NT$1.80 next year compared to a net loss per share of NT$1.64 last year.Reported Earnings • Nov 14Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: NT$0.65 loss per share (improved from NT$0.69 loss in 3Q 2024). Revenue: NT$11.8b (up 1.6% from 3Q 2024). Net loss: NT$2.73b (loss narrowed 5.2% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.New Risk • Oct 22New 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 8.5% 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.5% average weekly change).Major Estimate Revision • Oct 22Consensus EPS estimates fall by 52%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$47.7b to NT$47.2b. Losses expected to increase from NT$1.07 per share to NT$1.63. Semiconductor industry in Taiwan expected to see average net income growth of 27% next year. Consensus price target up from NT$20.13 to NT$22.88. Share price was steady at NT$28.20 over the past week.Price Target Changed • Oct 07Price target increased by 17% to NT$20.13Up from NT$17.25, the current price target is an average from 4 analysts. New target price is 33% below last closing price of NT$29.90. Stock is up 45% over the past year. The company is forecast to post a net loss per share of NT$1.07 next year compared to a net loss per share of NT$1.64 last year.New Risk • Sep 18New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Price Target Changed • Sep 18Price target increased by 20% to NT$17.25Up from NT$14.33, the current price target is an average from 4 analysts. New target price is 23% below last closing price of NT$22.40. Stock is up 8.7% over the past year. The company is forecast to post a net loss per share of NT$1.09 next year compared to a net loss per share of NT$1.64 last year.Major Estimate Revision • Sep 17Consensus EPS estimates upgraded to NT$1.09 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -NT$1.73 to -NT$1.09 per share. Revenue forecast steady at NT$45.3b. Semiconductor industry in Taiwan expected to see average net income growth of 30% next year. Consensus price target up from NT$14.33 to NT$15.08. Share price rose 22% to NT$20.40 over the past week.New Risk • Aug 25New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: NT$0.80 loss per share (further deteriorated from NT$0.47 loss in 2Q 2024). Revenue: NT$11.3b (up 1.4% from 2Q 2024). Net loss: NT$3.33b (loss widened 70% from 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jul 23Consensus EPS estimates fall by 71%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$46.9b to NT$45.4b. Losses expected to increase from NT$1.04 per share to NT$1.78. Semiconductor industry in Taiwan expected to see average net income growth of 12% next year. Consensus price target down from NT$14.78 to NT$14.33. Share price fell 3.7% to NT$15.65 over the past week.New Risk • May 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • May 16First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: NT$0.26 loss per share (further deteriorated from NT$0.11 loss in 1Q 2024). Revenue: NT$11.1b (up 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 150% from 1Q 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 68%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • May 06Powerchip Semiconductor Manufacturing Corp. to Report Q1, 2025 Results on May 13, 2025Powerchip Semiconductor Manufacturing Corp. announced that they will report Q1, 2025 results on May 13, 2025Major Estimate Revision • Apr 24Consensus EPS estimates upgraded to NT$1.23 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$47.9b to NT$46.4b. 2025 losses expected to reduce from -NT$1.60 to -NT$1.23 per share. Semiconductor industry in Taiwan expected to see average net income growth of 24% next year. Consensus price target down from NT$16.75 to NT$14.15. Share price was steady at NT$14.00 over the past week.Price Target Changed • Apr 24Price target decreased by 16% to NT$14.15Down from NT$16.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$14.05. Stock is down 36% over the past year. The company is forecast to post a net loss per share of NT$1.23 next year compared to a net loss per share of NT$1.64 last year.New Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future.Major Estimate Revision • Mar 12Consensus EPS estimates upgraded to NT$1.60 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -NT$1.79 to -NT$1.60 per share. Revenue forecast steady at NT$48.3b. Semiconductor industry in Taiwan expected to see average net income growth of 19% next year. Consensus price target up from NT$16.63 to NT$17.63. Share price was steady at NT$18.25 over the past week.Major Estimate Revision • Feb 28Consensus EPS estimates fall by 151%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$51.1b to NT$47.9b. Losses expected to increase from NT$0.71 per share to NT$1.79. Semiconductor industry in Taiwan expected to see average net income growth of 27% next year. Consensus price target down from NT$19.63 to NT$16.63. Share price was steady at NT$18.35 over the past week.お知らせ • Feb 27Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city TaiwanPrice Target Changed • Feb 25Price target decreased by 15% to NT$16.63Down from NT$19.63, the current price target is an average from 4 analysts. New target price is 13% below last closing price of NT$19.00. Stock is down 29% over the past year. The company is forecast to post a net loss per share of NT$1.17 next year compared to a net loss per share of NT$0.40 last year.お知らせ • Feb 18Powerchip Semiconductor Manufacturing Corp. to Report Q4, 2024 Results on Feb 25, 2025Powerchip Semiconductor Manufacturing Corp. announced that they will report Q4, 2024 results on Feb 25, 2025New Risk • Jan 21New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.New Risk • Nov 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.New Risk • Nov 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 21% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: NT$0.69 loss per share (further deteriorated from NT$0.082 loss in 3Q 2023). Revenue: NT$11.7b (up 12% from 3Q 2023). Net loss: NT$2.88b (loss widened NT$2.55b from 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Nov 06Consensus EPS estimates fall by 35%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$45.6b to NT$45.1b. Losses expected to increase from NT$1.01 per share to NT$1.36. Semiconductor industry in Taiwan expected to see average net income growth of 30% next year. Consensus price target down from NT$21.50 to NT$20.75. Share price was steady at NT$18.30 over the past week.お知らせ • Oct 25Powerchip Semiconductor Manufacturing Corp. to Report Q3, 2024 Results on Nov 01, 2024Powerchip Semiconductor Manufacturing Corp. announced that they will report Q3, 2024 results on Nov 01, 2024Price Target Changed • Oct 23Price target decreased by 12% to NT$21.50Down from NT$24.50, the current price target is an average from 4 analysts. New target price is 7.5% above last closing price of NT$20.00. Stock is down 27% over the past year. The company is forecast to post a net loss per share of NT$0.16 next year compared to a net loss per share of NT$0.40 last year.Reported Earnings • Aug 16Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: NT$0.47 loss per share (down from NT$0.15 profit in 2Q 2023). Revenue: NT$11.1b (up 1.0% from 2Q 2023). Net loss: NT$1.96b (down 417% from profit in 2Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jul 17Consensus EPS estimates fall by 174%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$49.5b to NT$48.2b. Losses expected to increase from NT$0.16 per share to NT$0.45. Semiconductor industry in Taiwan expected to see average net income growth of 32% next year. Consensus price target down from NT$27.00 to NT$24.50. Share price fell 5.4% to NT$24.75 over the past week.Price Target Changed • Jul 17Price target decreased by 9.3% to NT$24.50Down from NT$27.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$24.75. Stock is down 18% over the past year. The company is forecast to post a net loss per share of NT$0.44 next year compared to a net loss per share of NT$0.40 last year.お知らせ • May 24+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Announces Change of PresidentPowerchip Semiconductor Manufacturing Corp. announced change of president. Name and Resume of the previous position holder is Brian Shieh, Deputy CEO and President of the company. Name and resume of the new position holder is Martin Chu, Executive Vice President of the company. Reason for the change: Due to the tenure expiration, the new Directors was Resignation. Effective date of the new appointment is May 21, 2024.お知らせ • May 23Powerchip Semiconductor Manufacturing Corp. Announces Appointment of Brian Shieh as Vice ChairmanPowerchip Semiconductor Manufacturing Corp. announced appointment of Brian Shieh as Vice Chairman. Name and Resume of the new position holder is Brian Shieh, Deputy CEO and President of Powerchip Semiconductor Manufacturing Corporation. Reason for the change: Elected by Board of Directors. Effective date of the new appointment is May 21, 2024.Reported Earnings • May 10First quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.046 profit in 1Q 2023)First quarter 2024 results: NT$0.11 loss per share (down from NT$0.046 profit in 1Q 2023). Revenue: NT$10.8b (down 5.5% from 1Q 2023). Net loss: NT$439.2m (down 335% from profit in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% 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.Reported Earnings • Feb 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: NT$0.40 loss per share (down from NT$5.80 profit in FY 2022). Revenue: NT$44.0b (down 42% from FY 2022). Net loss: NT$1.64b (down 108% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 22Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024. Location: No.773, Ming-Hu Rd Lakeshore Hotel B1 Hsin Chu Taiwan Agenda: To Report 2023 Earnings Distribution; to accept 2023 Business Report and Financial Statements; to accept 2023 Earnings Distribution; Report 2023 Distributable Compensation for Employees and Directors; and to discuss other matters.Major Estimate Revision • Feb 03Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -NT$0.264 to -NT$0.334 per share. Revenue forecast unchanged at NT$44.3b. Semiconductor industry in Taiwan expected to see average net income growth of 21% next year. Consensus price target of NT$26.75 unchanged from last update. Share price fell 4.5% to NT$26.70 over the past week.Major Estimate Revision • Jan 21Consensus EPS estimates fall by 319%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -NT$0.063 to -NT$0.264 per share. Revenue forecast unchanged at NT$44.3b. Semiconductor industry in Taiwan expected to see average net income growth of 21% next year. Consensus price target of NT$26.75 unchanged from last update. Share price fell 5.9% to NT$27.25 over the past week.Major Estimate Revision • Jan 05Consensus EPS estimates fall from profit to NT$0.0089 lossThe consensus outlook for fiscal year 2023 has been updated. Expected to report loss instead of -NT$0.0089 instead of NT$0.1224 per share profit previously forecast. Revenue forecast unchanged at NT$44.2b Semiconductor industry in Taiwan expected to see average net income growth of 20% next year. Consensus price target up from NT$24.25 to NT$26.75. Share price rose 4.8% to NT$30.85 over the past week.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: NT$0.082 loss per share (down from NT$1.61 profit in 3Q 2022). Revenue: NT$10.4b (down 46% from 3Q 2022). Net loss: NT$333.5m (down 106% from profit in 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan.Major Estimate Revision • Oct 19Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$0.226 to NT$0.203 per share. Revenue forecast steady at NT$44.2b. Net income forecast to shrink 81% next year vs 6.0% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$25.13 unchanged from last update. Share price was steady at NT$27.35 over the past week.お知らせ • Sep 26Powerchip Semiconductor Manufacturing Corp. Announces Board of Directors's Resolved to Establish the Nominating Committee and the Appointment of Its MembersPowerchip Semiconductor Manufacturing Corp. announced that Board of Directors's resolved to establish the nominating committee and the appointment of its members. Name of the functional committees: Nominating Committee. Name of the new position holder: Frank Huang; Chong-Yu Wu; and Jia-Lin Chang. Resume of the new position holder: Frank Huang: Chairman and CEO of Powerchip Semiconductor Manufacturing Corporation; Chong-Yu Wu: Chairman and CTO of A-Neuron Electronic Corporation; Jia-Lin Chang: Chairman of Changing. AI Inc. Effective date of the new member: September 25, 2023.Price Target Changed • Aug 16Price target decreased by 11% to NT$24.70Down from NT$27.63, the current price target is an average from 5 analysts. New target price is 8.0% below last closing price of NT$26.85. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$0.24 for next year compared to NT$5.80 last year.New Risk • Aug 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (16% net profit margin). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Reported Earnings • Aug 12Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$0.15 (down from NT$1.95 in 2Q 2022). Revenue: NT$11.0b (down 50% from 2Q 2022). Net income: NT$617.0m (down 91% from 2Q 2022). Profit margin: 5.6% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan.Major Estimate Revision • Jul 20Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$46.8b to NT$45.7b. EPS estimate also fell from NT$0.52 per share to NT$0.22 per share. Net income forecast to shrink 91% next year vs 14% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$27.13. Share price was steady at NT$29.80 over the past week.お知らせ • May 31Powerchip Semiconductor Manufacturing Corp. Announces Management ChangesPowerchip Semiconductor Manufacturing Corp. announced the resignation of Xian-Ming Lin as member of Remuneration Committee, effective May 30, 2023. Xian-Ming Lin is Chairman and CSO of Wistron Corporation. The company announced the appointment of Chun-Shen Chen as member of Remuneration Committee, effective May 30, 2023. Chun-Shen Chen is Chairman and CEO of Acer Incorporated.Reported Earnings • May 18First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: NT$0.05 (down from NT$1.85 in 1Q 2022). Revenue: NT$11.4b (down 45% from 1Q 2022). Net income: NT$186.8m (down 97% from 1Q 2022). Profit margin: 1.6% (down from 32% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan.Major Estimate Revision • Apr 19Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$53.1b to NT$51.7b. EPS estimate also fell from NT$1.80 per share to NT$1.57 per share. Net income forecast to shrink 69% next year vs 23% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$27.63. Share price fell 3.6% to NT$32.10 over the past week.Upcoming Dividend • Mar 06Upcoming dividend of NT$0.30 per share at 3.1% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.1%). In line with average of industry peers (3.4%).Reported Earnings • Feb 25Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$5.80 (up from NT$4.92 in FY 2021). Revenue: NT$76.1b (up 16% from FY 2021). Net income: NT$21.6b (up 34% from FY 2021). Profit margin: 28% (up from 25% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 7.6%. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 8.1%.Major Estimate Revision • Jan 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from NT$57.0b to NT$53.1b. EPS estimate also fell from NT$2.35 per share to NT$1.80 per share. Net income forecast to shrink 58% next year vs 17% decline forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$26.25 to NT$27.25. Share price fell 5.0% to NT$32.30 over the past week.Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. VP, CFO & Director Jerry Shao is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 08Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$1.61 (up from NT$1.30 in 3Q 2021). Revenue: NT$19.2b (up 11% from 3Q 2021). Net income: NT$6.07b (up 37% from 3Q 2021). Profit margin: 32% (up from 26% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is expected to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 9.8%.お知らせ • Nov 01Powerchip Semiconductor Manufacturing Corp. Announces the Appointment of Peter Chen as Chief Information Security OfficerPowerchip Semiconductor Manufacturing Corp. announced the appointment of Peter Chen as Chief Information Security Officer of the company, with effect from October 31, 2022.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$31.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$14.15 per share.Price Target Changed • Oct 13Price target decreased to NT$28.90Down from NT$31.75, the current price target is an average from 4 analysts. New target price is 7.2% above last closing price of NT$26.95. Stock is down 57% over the past year. The company is forecast to post earnings per share of NT$6.29 for next year compared to NT$4.92 last year.Upcoming Dividend • Aug 16Upcoming dividend of NT$0.73 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).お知らせ • Aug 06Powerchip Semiconductor Manufacturing Corp. Announces of Cash Dividend Distribution Ratio AdjustmentPowerchip Semiconductor Manufacturing Corp. at its shareholder's meeting held on August 4, 2022, made an announcement of cash dividend distribution ratio adjustment. Type and monetary amount of original dividend distribution: Cash dividend TWD 2,877,435,794, each common share is entitled to receive TWD 0.80000011. Type and monetary amount of dividend distribution after the change: Cash dividend TWD 2,877,435,794, each common share is entitled to receive TWD 0.72903734. Reason for the change: Due to issue of new common shares for cash to sponsor issuance of GDR and exercised employee stock options to convert common share, the number of outstanding common shares changed accordingly, resulting in the adjustment of cash dividend ratio, and to authorize the Chairman to handle all relevant matters in accordance with the Board of Directors in July 25, 2022.Reported Earnings • Jul 30Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$1.95 (up from NT$1.07 in 2Q 2021). Revenue: NT$21.8b (up 42% from 2Q 2021). Net income: NT$7.02b (up 109% from 2Q 2021). Profit margin: 32% (up from 22% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 8.1%. Over the next year, revenue is expected to shrink by 4.0% compared to a 22% growth forecast for the industry in Taiwan.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$35.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Semiconductor industry in Taiwan. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$25.91 per share.お知らせ • Jul 27Powerchip Semiconductor Manufacturing Corp. Approves First Half of 2022 Cash Dividend, Payable on September 21, 2022The board of directors of Powerchip Semiconductor Manufacturing Corp. approved first half of 2022 cash dividend of TWD 2,877,435,794, each common share is entitled to receive TWD 0.80000011. Ex-rights (ex-dividend) trading date is August 23, 2022. Ex-rights (ex-dividend) record date is August 29, 2022. Dividends distribution date is September 21, 2022.Price Target Changed • Jul 13Price target decreased to NT$55.60Down from NT$61.20, the current price target is an average from 5 analysts. New target price is 42% above last closing price of NT$39.25. Stock is down 42% over the past year. The company is forecast to post earnings per share of NT$7.22 for next year compared to NT$4.92 last year.お知らせ • Jun 18Powerchip Semiconductor Manufacturing Corp. Appoints Chun-Shen Chen as Member of Audit CommitteePowerchip Semiconductor Manufacturing Corp. appointed Mr. Chun-Shen Chen, Chairman and CEO of Acer Incorporated. as member of Audit Committee, effective June 17, 2022.Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$1.85 (up from NT$0.68 in 1Q 2021). Revenue: NT$20.7b (up 56% from 1Q 2021). Net income: NT$6.62b (up 214% from 1Q 2021). Profit margin: 32% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 24% growth forecast for the industry in Taiwan.Price Target Changed • Apr 27Price target decreased to NT$64.00Down from NT$74.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of NT$51.10. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$7.46 for next year compared to NT$4.92 last year.Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. 1 highly experienced director. VP, CFO & Director Jerry Shao is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 22Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) completed the acquisition of Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. for TWD 1034 million.Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) agreed to acquire Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. for TWD 1034 million on June 11, 2021. Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) completed the acquisition of Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. on April 21, 2022.お知らせ • Apr 19Powerchip Semiconductor Manufacturing Corp. Announces Resignation of Burn J, Lin as Independent Director and Audit Committee MemberPowerchip Semiconductor Manufacturing Corp. announced resignation of Burn J, Lin as Independent director and Audit Committee Member. Date of occurrence of the change is April 18, 2022.Major Estimate Revision • Apr 13Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$81.2b to NT$83.7b. EPS estimate increased from NT$6.70 to NT$7.39 per share. Net income forecast to grow 62% next year vs 26% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$74.00 to NT$66.80. Share price fell 4.6% to NT$51.80 over the past week.Upcoming Dividend • Feb 17Upcoming dividend of NT$1.18 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 22 March 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.0%).Reported Earnings • Feb 15Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$4.92 (up from NT$1.23 in FY 2020). Revenue: NT$65.6b (up 44% from FY 2020). Net income: NT$16.1b (up 323% from FY 2020). Profit margin: 25% (up from 8.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 24%, compared to a 24% growth forecast for the industry in Taiwan.お知らせ • Feb 09+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Approves Cash Dividend of the Second Half of 2021, Payable on March 2, 2021Powerchip Semiconductor Manufacturing Corp. announced the second half of cash dividend approved by the Board of Directors. Cash dividend of TWD 4,247,400,000, each common share is entitled to receive TWD 1.18222841. Ex-rights (ex-dividend) trading date is February 24, 2022; Ex-rights (ex-dividend) record date is March 2, 2022; Dividends distribution date is March 22, 2022.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS NT$1.30 (vs NT$0.29 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$17.3b (up 47% from 3Q 2020). Net income: NT$4.42b (up 396% from 3Q 2020). Profit margin: 26% (up from 7.6% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 02First quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.33 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$13.2b (up 19% from 1Q 2020). Net income: NT$2.11b (up 108% from 1Q 2020). Profit margin: 16% (up from 9.1% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$1.23 (vs NT$0.94 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$45.7b (up 27% from FY 2019). Net income: NT$3.81b (up NT$6.45b from FY 2019). Profit margin: 8.3% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.お知らせ • Mar 11Powerchip Semiconductor Manufacturing Corporation, Annual General Meeting, Jun 09, 2021Powerchip Semiconductor Manufacturing Corporation, Annual General Meeting, Jun 09, 2021.CEO報酬分析Powerchip Semiconductor Manufacturing の収益と比較して、Frank Huang の報酬はどのように変化したか？日付総報酬給与会社業績Mar 31 2026n/an/aNT$8bDec 31 2025n/an/a-NT$8bSep 30 2025n/an/a-NT$9bJun 30 2025n/an/a-NT$9bMar 31 2025n/an/a-NT$7bDec 31 2024NT$28mNT$21m-NT$7bSep 30 2024n/an/a-NT$7bJun 30 2024n/an/a-NT$5bMar 31 2024n/an/a-NT$2bDec 31 2023NT$33mNT$21m-NT$2b報酬と市場: Frankの 総報酬 ($USD 898.87K ) は、 TW市場 ($USD 573.37K ) の同規模の企業の平均を上回っています。報酬と収益: Frankの報酬は、過去 1 年間の会社の業績と一致しています。CEOFrank Huang 7yrs在職期間NT$28,245,000報酬Mr. Chongren Huang, also known as Frank, is the Chairman at Powerchip Semiconductor Manufacturing Corp. and serves as its CEO since May 1, 2019.リーダーシップ・チーム名称ポジション在職期間報酬所有権Chongren HuangCEO & Chairman7yrsNT$28.25mデータなしMartin ChuPresident & Director2yrsNT$9.79m0.016% NT$ 43.0mJerry ShaoVP & CFO7yrsNT$6.99m0.013% NT$ 34.2mPeter ChenChief Information Security Officer & VP3.6yrsNT$6.97m0.025% NT$ 66.4mJames LiuVice Presidentno dataNT$6.76m0.0034% NT$ 8.9mQiu Chui-YuanAccounting Supervisor7yrsデータなし0.000010% NT$ 26.4kPeter HsuChief Technology Officerno dataデータなしデータなしLiu Jian-SongChief Information Officer5.3yrsデータなしデータなしJack LiuVice President of Administration Departmentno dataデータなしデータなしLin Ying-JenMarketing Directorno dataデータなしデータなしKuan-Chou ChenVice Presidentno dataデータなしデータなしS.Z. ChangVice Presidentno dataデータなし0.019% NT$ 50.1mもっと見る6.2yrs平均在職期間経験豊富な経営陣: 6770の経営陣は経験豊富で経験豊富です（平均在職期間は6.2年）。取締役名称ポジション在職期間報酬所有権Chongren HuangCEO & Chairmanno dataNT$28.25mデータなしMartin ChuPresident & Director3yrsNT$9.79m0.016% NT$ 43.0mQiu Chui-YuanAccounting Supervisor7yrsデータなし0.000010% NT$ 26.4kChun Shen ChenIndependent Director3.9yrsNT$3.84m0.00012% NT$ 316.8kQing-Xiang HsuRepresentative Director4.9yrsNT$120.00k0.0049% NT$ 12.8mChong Yu WuIndependent Director5.5yrsNT$3.88mデータなしWenliang ChenRepresentative Director1.3yrsデータなしデータなしBrian ShiehVice Chairman of the Board2yrsNT$10.41m0.066% NT$ 175.4mChang Jia-LinIndependent Director5.5yrsNT$3.88mデータなしYe ShuIndependent Director4.8yrsNT$3.80m0.00098% NT$ 2.6mHsu Mei-ShanAssistant VP & Corporate Governance Supervisor5.1yrsデータなしデータなしShih-Lun TsaoIndependent Director3yrsNT$3.80mデータなしもっと見る4.8yrs平均在職期間経験豊富なボード: 6770の 取締役会 は 経験豊富 であると考えられます ( 4.8年の平均在任期間)。View Ownership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2026/05/11 06:36終値2026/05/11 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Powerchip Semiconductor Manufacturing Corp. 5 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。6 アナリスト機関Haas LiuBofA Global ResearchLiyen ChenCapital Securities CorporationGokul HariharanJ.P. Morgan3 その他のアナリストを表示
お知らせ • Jan 21Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwan
お知らせ • Feb 27Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwan
お知らせ • May 24+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Announces Change of PresidentPowerchip Semiconductor Manufacturing Corp. announced change of president. Name and Resume of the previous position holder is Brian Shieh, Deputy CEO and President of the company. Name and resume of the new position holder is Martin Chu, Executive Vice President of the company. Reason for the change: Due to the tenure expiration, the new Directors was Resignation. Effective date of the new appointment is May 21, 2024.
お知らせ • May 23Powerchip Semiconductor Manufacturing Corp. Announces Appointment of Brian Shieh as Vice ChairmanPowerchip Semiconductor Manufacturing Corp. announced appointment of Brian Shieh as Vice Chairman. Name and Resume of the new position holder is Brian Shieh, Deputy CEO and President of Powerchip Semiconductor Manufacturing Corporation. Reason for the change: Elected by Board of Directors. Effective date of the new appointment is May 21, 2024.
お知らせ • Feb 22Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024. Location: No.773, Ming-Hu Rd Lakeshore Hotel B1 Hsin Chu Taiwan Agenda: To Report 2023 Earnings Distribution; to accept 2023 Business Report and Financial Statements; to accept 2023 Earnings Distribution; Report 2023 Distributable Compensation for Employees and Directors; and to discuss other matters.
お知らせ • Sep 26Powerchip Semiconductor Manufacturing Corp. Announces Board of Directors's Resolved to Establish the Nominating Committee and the Appointment of Its MembersPowerchip Semiconductor Manufacturing Corp. announced that Board of Directors's resolved to establish the nominating committee and the appointment of its members. Name of the functional committees: Nominating Committee. Name of the new position holder: Frank Huang; Chong-Yu Wu; and Jia-Lin Chang. Resume of the new position holder: Frank Huang: Chairman and CEO of Powerchip Semiconductor Manufacturing Corporation; Chong-Yu Wu: Chairman and CTO of A-Neuron Electronic Corporation; Jia-Lin Chang: Chairman of Changing. AI Inc. Effective date of the new member: September 25, 2023.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$63.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 114% over the past three years.
Reported Earnings • May 01First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$3.00 (up from NT$0.26 loss in 1Q 2025). Revenue: NT$13.6b (up 22% from 1Q 2025). Net income: NT$14.2b (up NT$15.3b from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% 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 87 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 22Price target increased by 8.2% to NT$67.00Up from NT$61.94, the current price target is an average from 5 analysts. New target price is 18% above last closing price of NT$57.00. Stock is up 296% over the past year. The company is forecast to post earnings per share of NT$7.08 next year compared to a net loss per share of NT$1.86 last year.
New Risk • Mar 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change).
Reported Earnings • Feb 27Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: NT$1.86 loss per share (further deteriorated from NT$1.64 loss in FY 2024). Revenue: NT$46.7b (up 4.5% from FY 2024). Net loss: NT$7.81b (loss widened 15% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 19% 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 147 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 14Powerchip Semiconductor Manufacturing Corp. to Report Q4, 2025 Results on Feb 24, 2026Powerchip Semiconductor Manufacturing Corp. announced that they will report Q4, 2025 results on Feb 24, 2026
お知らせ • Jan 21Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, Apr 10, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwan
Major Estimate Revision • Jan 20Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -NT$1.42 to -NT$1.66 per share. Revenue forecast unchanged at NT$47.2b. Semiconductor industry in Taiwan expected to see average net income growth of 36% next year. Consensus price target up from NT$33.40 to NT$40.60. Share price rose 35% to NT$68.20 over the past week.
Price Target Changed • Nov 21Price target increased by 25% to NT$33.40Up from NT$26.70, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$33.15. Stock is up 88% over the past year. The company is forecast to post a net loss per share of NT$1.80 next year compared to a net loss per share of NT$1.64 last year.
Reported Earnings • Nov 14Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: NT$0.65 loss per share (improved from NT$0.69 loss in 3Q 2024). Revenue: NT$11.8b (up 1.6% from 3Q 2024). Net loss: NT$2.73b (loss narrowed 5.2% from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.
New Risk • Oct 22New 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 8.5% 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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.5% average weekly change).
Major Estimate Revision • Oct 22Consensus EPS estimates fall by 52%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$47.7b to NT$47.2b. Losses expected to increase from NT$1.07 per share to NT$1.63. Semiconductor industry in Taiwan expected to see average net income growth of 27% next year. Consensus price target up from NT$20.13 to NT$22.88. Share price was steady at NT$28.20 over the past week.
Price Target Changed • Oct 07Price target increased by 17% to NT$20.13Up from NT$17.25, the current price target is an average from 4 analysts. New target price is 33% below last closing price of NT$29.90. Stock is up 45% over the past year. The company is forecast to post a net loss per share of NT$1.07 next year compared to a net loss per share of NT$1.64 last year.
New Risk • Sep 18New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Price Target Changed • Sep 18Price target increased by 20% to NT$17.25Up from NT$14.33, the current price target is an average from 4 analysts. New target price is 23% below last closing price of NT$22.40. Stock is up 8.7% over the past year. The company is forecast to post a net loss per share of NT$1.09 next year compared to a net loss per share of NT$1.64 last year.
Major Estimate Revision • Sep 17Consensus EPS estimates upgraded to NT$1.09 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -NT$1.73 to -NT$1.09 per share. Revenue forecast steady at NT$45.3b. Semiconductor industry in Taiwan expected to see average net income growth of 30% next year. Consensus price target up from NT$14.33 to NT$15.08. Share price rose 22% to NT$20.40 over the past week.
New Risk • Aug 25New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: NT$0.80 loss per share (further deteriorated from NT$0.47 loss in 2Q 2024). Revenue: NT$11.3b (up 1.4% from 2Q 2024). Net loss: NT$3.33b (loss widened 70% from 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jul 23Consensus EPS estimates fall by 71%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$46.9b to NT$45.4b. Losses expected to increase from NT$1.04 per share to NT$1.78. Semiconductor industry in Taiwan expected to see average net income growth of 12% next year. Consensus price target down from NT$14.78 to NT$14.33. Share price fell 3.7% to NT$15.65 over the past week.
New Risk • May 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • May 16First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: NT$0.26 loss per share (further deteriorated from NT$0.11 loss in 1Q 2024). Revenue: NT$11.1b (up 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 150% from 1Q 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 68%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • May 06Powerchip Semiconductor Manufacturing Corp. to Report Q1, 2025 Results on May 13, 2025Powerchip Semiconductor Manufacturing Corp. announced that they will report Q1, 2025 results on May 13, 2025
Major Estimate Revision • Apr 24Consensus EPS estimates upgraded to NT$1.23 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from NT$47.9b to NT$46.4b. 2025 losses expected to reduce from -NT$1.60 to -NT$1.23 per share. Semiconductor industry in Taiwan expected to see average net income growth of 24% next year. Consensus price target down from NT$16.75 to NT$14.15. Share price was steady at NT$14.00 over the past week.
Price Target Changed • Apr 24Price target decreased by 16% to NT$14.15Down from NT$16.75, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$14.05. Stock is down 36% over the past year. The company is forecast to post a net loss per share of NT$1.23 next year compared to a net loss per share of NT$1.64 last year.
New Risk • Apr 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 7.3% per year for the foreseeable future.
Major Estimate Revision • Mar 12Consensus EPS estimates upgraded to NT$1.60 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -NT$1.79 to -NT$1.60 per share. Revenue forecast steady at NT$48.3b. Semiconductor industry in Taiwan expected to see average net income growth of 19% next year. Consensus price target up from NT$16.63 to NT$17.63. Share price was steady at NT$18.25 over the past week.
Major Estimate Revision • Feb 28Consensus EPS estimates fall by 151%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$51.1b to NT$47.9b. Losses expected to increase from NT$0.71 per share to NT$1.79. Semiconductor industry in Taiwan expected to see average net income growth of 27% next year. Consensus price target down from NT$19.63 to NT$16.63. Share price was steady at NT$18.35 over the past week.
お知らせ • Feb 27Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,773, ming hu rd., hsinchu city Taiwan
Price Target Changed • Feb 25Price target decreased by 15% to NT$16.63Down from NT$19.63, the current price target is an average from 4 analysts. New target price is 13% below last closing price of NT$19.00. Stock is down 29% over the past year. The company is forecast to post a net loss per share of NT$1.17 next year compared to a net loss per share of NT$0.40 last year.
お知らせ • Feb 18Powerchip Semiconductor Manufacturing Corp. to Report Q4, 2024 Results on Feb 25, 2025Powerchip Semiconductor Manufacturing Corp. announced that they will report Q4, 2024 results on Feb 25, 2025
New Risk • Jan 21New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
New Risk • Nov 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
New Risk • Nov 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 21% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: NT$0.69 loss per share (further deteriorated from NT$0.082 loss in 3Q 2023). Revenue: NT$11.7b (up 12% from 3Q 2023). Net loss: NT$2.88b (loss widened NT$2.55b from 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Nov 06Consensus EPS estimates fall by 35%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$45.6b to NT$45.1b. Losses expected to increase from NT$1.01 per share to NT$1.36. Semiconductor industry in Taiwan expected to see average net income growth of 30% next year. Consensus price target down from NT$21.50 to NT$20.75. Share price was steady at NT$18.30 over the past week.
お知らせ • Oct 25Powerchip Semiconductor Manufacturing Corp. to Report Q3, 2024 Results on Nov 01, 2024Powerchip Semiconductor Manufacturing Corp. announced that they will report Q3, 2024 results on Nov 01, 2024
Price Target Changed • Oct 23Price target decreased by 12% to NT$21.50Down from NT$24.50, the current price target is an average from 4 analysts. New target price is 7.5% above last closing price of NT$20.00. Stock is down 27% over the past year. The company is forecast to post a net loss per share of NT$0.16 next year compared to a net loss per share of NT$0.40 last year.
Reported Earnings • Aug 16Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: NT$0.47 loss per share (down from NT$0.15 profit in 2Q 2023). Revenue: NT$11.1b (up 1.0% from 2Q 2023). Net loss: NT$1.96b (down 417% from profit in 2Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jul 17Consensus EPS estimates fall by 174%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$49.5b to NT$48.2b. Losses expected to increase from NT$0.16 per share to NT$0.45. Semiconductor industry in Taiwan expected to see average net income growth of 32% next year. Consensus price target down from NT$27.00 to NT$24.50. Share price fell 5.4% to NT$24.75 over the past week.
Price Target Changed • Jul 17Price target decreased by 9.3% to NT$24.50Down from NT$27.00, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$24.75. Stock is down 18% over the past year. The company is forecast to post a net loss per share of NT$0.44 next year compared to a net loss per share of NT$0.40 last year.
お知らせ • May 24+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Announces Change of PresidentPowerchip Semiconductor Manufacturing Corp. announced change of president. Name and Resume of the previous position holder is Brian Shieh, Deputy CEO and President of the company. Name and resume of the new position holder is Martin Chu, Executive Vice President of the company. Reason for the change: Due to the tenure expiration, the new Directors was Resignation. Effective date of the new appointment is May 21, 2024.
お知らせ • May 23Powerchip Semiconductor Manufacturing Corp. Announces Appointment of Brian Shieh as Vice ChairmanPowerchip Semiconductor Manufacturing Corp. announced appointment of Brian Shieh as Vice Chairman. Name and Resume of the new position holder is Brian Shieh, Deputy CEO and President of Powerchip Semiconductor Manufacturing Corporation. Reason for the change: Elected by Board of Directors. Effective date of the new appointment is May 21, 2024.
Reported Earnings • May 10First quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.046 profit in 1Q 2023)First quarter 2024 results: NT$0.11 loss per share (down from NT$0.046 profit in 1Q 2023). Revenue: NT$10.8b (down 5.5% from 1Q 2023). Net loss: NT$439.2m (down 335% from profit in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 32% 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.
Reported Earnings • Feb 24Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: NT$0.40 loss per share (down from NT$5.80 profit in FY 2022). Revenue: NT$44.0b (down 42% from FY 2022). Net loss: NT$1.64b (down 108% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 22Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024Powerchip Semiconductor Manufacturing Corp., Annual General Meeting, May 21, 2024. Location: No.773, Ming-Hu Rd Lakeshore Hotel B1 Hsin Chu Taiwan Agenda: To Report 2023 Earnings Distribution; to accept 2023 Business Report and Financial Statements; to accept 2023 Earnings Distribution; Report 2023 Distributable Compensation for Employees and Directors; and to discuss other matters.
Major Estimate Revision • Feb 03Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -NT$0.264 to -NT$0.334 per share. Revenue forecast unchanged at NT$44.3b. Semiconductor industry in Taiwan expected to see average net income growth of 21% next year. Consensus price target of NT$26.75 unchanged from last update. Share price fell 4.5% to NT$26.70 over the past week.
Major Estimate Revision • Jan 21Consensus EPS estimates fall by 319%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -NT$0.063 to -NT$0.264 per share. Revenue forecast unchanged at NT$44.3b. Semiconductor industry in Taiwan expected to see average net income growth of 21% next year. Consensus price target of NT$26.75 unchanged from last update. Share price fell 5.9% to NT$27.25 over the past week.
Major Estimate Revision • Jan 05Consensus EPS estimates fall from profit to NT$0.0089 lossThe consensus outlook for fiscal year 2023 has been updated. Expected to report loss instead of -NT$0.0089 instead of NT$0.1224 per share profit previously forecast. Revenue forecast unchanged at NT$44.2b Semiconductor industry in Taiwan expected to see average net income growth of 20% next year. Consensus price target up from NT$24.25 to NT$26.75. Share price rose 4.8% to NT$30.85 over the past week.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: NT$0.082 loss per share (down from NT$1.61 profit in 3Q 2022). Revenue: NT$10.4b (down 46% from 3Q 2022). Net loss: NT$333.5m (down 106% from profit in 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan.
Major Estimate Revision • Oct 19Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$0.226 to NT$0.203 per share. Revenue forecast steady at NT$44.2b. Net income forecast to shrink 81% next year vs 6.0% growth forecast for Semiconductor industry in Taiwan . Consensus price target of NT$25.13 unchanged from last update. Share price was steady at NT$27.35 over the past week.
お知らせ • Sep 26Powerchip Semiconductor Manufacturing Corp. Announces Board of Directors's Resolved to Establish the Nominating Committee and the Appointment of Its MembersPowerchip Semiconductor Manufacturing Corp. announced that Board of Directors's resolved to establish the nominating committee and the appointment of its members. Name of the functional committees: Nominating Committee. Name of the new position holder: Frank Huang; Chong-Yu Wu; and Jia-Lin Chang. Resume of the new position holder: Frank Huang: Chairman and CEO of Powerchip Semiconductor Manufacturing Corporation; Chong-Yu Wu: Chairman and CTO of A-Neuron Electronic Corporation; Jia-Lin Chang: Chairman of Changing. AI Inc. Effective date of the new member: September 25, 2023.
Price Target Changed • Aug 16Price target decreased by 11% to NT$24.70Down from NT$27.63, the current price target is an average from 5 analysts. New target price is 8.0% below last closing price of NT$26.85. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$0.24 for next year compared to NT$5.80 last year.
New Risk • Aug 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (16% net profit margin). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$0.15 (down from NT$1.95 in 2Q 2022). Revenue: NT$11.0b (down 50% from 2Q 2022). Net income: NT$617.0m (down 91% from 2Q 2022). Profit margin: 5.6% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Taiwan.
Major Estimate Revision • Jul 20Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$46.8b to NT$45.7b. EPS estimate also fell from NT$0.52 per share to NT$0.22 per share. Net income forecast to shrink 91% next year vs 14% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$27.13. Share price was steady at NT$29.80 over the past week.
お知らせ • May 31Powerchip Semiconductor Manufacturing Corp. Announces Management ChangesPowerchip Semiconductor Manufacturing Corp. announced the resignation of Xian-Ming Lin as member of Remuneration Committee, effective May 30, 2023. Xian-Ming Lin is Chairman and CSO of Wistron Corporation. The company announced the appointment of Chun-Shen Chen as member of Remuneration Committee, effective May 30, 2023. Chun-Shen Chen is Chairman and CEO of Acer Incorporated.
Reported Earnings • May 18First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: NT$0.05 (down from NT$1.85 in 1Q 2022). Revenue: NT$11.4b (down 45% from 1Q 2022). Net income: NT$186.8m (down 97% from 1Q 2022). Profit margin: 1.6% (down from 32% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan.
Major Estimate Revision • Apr 19Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$53.1b to NT$51.7b. EPS estimate also fell from NT$1.80 per share to NT$1.57 per share. Net income forecast to shrink 69% next year vs 23% decline forecast for Semiconductor industry in Taiwan. Consensus price target broadly unchanged at NT$27.63. Share price fell 3.6% to NT$32.10 over the past week.
Upcoming Dividend • Mar 06Upcoming dividend of NT$0.30 per share at 3.1% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.1%). In line with average of industry peers (3.4%).
Reported Earnings • Feb 25Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$5.80 (up from NT$4.92 in FY 2021). Revenue: NT$76.1b (up 16% from FY 2021). Net income: NT$21.6b (up 34% from FY 2021). Profit margin: 28% (up from 25% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 7.6%. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 8.1%.
Major Estimate Revision • Jan 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from NT$57.0b to NT$53.1b. EPS estimate also fell from NT$2.35 per share to NT$1.80 per share. Net income forecast to shrink 58% next year vs 17% decline forecast for Semiconductor industry in Taiwan. Consensus price target up from NT$26.25 to NT$27.25. Share price fell 5.0% to NT$32.30 over the past week.
Board Change • Nov 16High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. VP, CFO & Director Jerry Shao is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 08Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$1.61 (up from NT$1.30 in 3Q 2021). Revenue: NT$19.2b (up 11% from 3Q 2021). Net income: NT$6.07b (up 37% from 3Q 2021). Profit margin: 32% (up from 26% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is expected to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Taiwan are expected to grow by 9.8%.
お知らせ • Nov 01Powerchip Semiconductor Manufacturing Corp. Announces the Appointment of Peter Chen as Chief Information Security OfficerPowerchip Semiconductor Manufacturing Corp. announced the appointment of Peter Chen as Chief Information Security Officer of the company, with effect from October 31, 2022.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$31.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$14.15 per share.
Price Target Changed • Oct 13Price target decreased to NT$28.90Down from NT$31.75, the current price target is an average from 4 analysts. New target price is 7.2% above last closing price of NT$26.95. Stock is down 57% over the past year. The company is forecast to post earnings per share of NT$6.29 for next year compared to NT$4.92 last year.
Upcoming Dividend • Aug 16Upcoming dividend of NT$0.73 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).
お知らせ • Aug 06Powerchip Semiconductor Manufacturing Corp. Announces of Cash Dividend Distribution Ratio AdjustmentPowerchip Semiconductor Manufacturing Corp. at its shareholder's meeting held on August 4, 2022, made an announcement of cash dividend distribution ratio adjustment. Type and monetary amount of original dividend distribution: Cash dividend TWD 2,877,435,794, each common share is entitled to receive TWD 0.80000011. Type and monetary amount of dividend distribution after the change: Cash dividend TWD 2,877,435,794, each common share is entitled to receive TWD 0.72903734. Reason for the change: Due to issue of new common shares for cash to sponsor issuance of GDR and exercised employee stock options to convert common share, the number of outstanding common shares changed accordingly, resulting in the adjustment of cash dividend ratio, and to authorize the Chairman to handle all relevant matters in accordance with the Board of Directors in July 25, 2022.
Reported Earnings • Jul 30Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$1.95 (up from NT$1.07 in 2Q 2021). Revenue: NT$21.8b (up 42% from 2Q 2021). Net income: NT$7.02b (up 109% from 2Q 2021). Profit margin: 32% (up from 22% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 8.1%. Over the next year, revenue is expected to shrink by 4.0% compared to a 22% growth forecast for the industry in Taiwan.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$35.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Semiconductor industry in Taiwan. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$25.91 per share.
お知らせ • Jul 27Powerchip Semiconductor Manufacturing Corp. Approves First Half of 2022 Cash Dividend, Payable on September 21, 2022The board of directors of Powerchip Semiconductor Manufacturing Corp. approved first half of 2022 cash dividend of TWD 2,877,435,794, each common share is entitled to receive TWD 0.80000011. Ex-rights (ex-dividend) trading date is August 23, 2022. Ex-rights (ex-dividend) record date is August 29, 2022. Dividends distribution date is September 21, 2022.
Price Target Changed • Jul 13Price target decreased to NT$55.60Down from NT$61.20, the current price target is an average from 5 analysts. New target price is 42% above last closing price of NT$39.25. Stock is down 42% over the past year. The company is forecast to post earnings per share of NT$7.22 for next year compared to NT$4.92 last year.
お知らせ • Jun 18Powerchip Semiconductor Manufacturing Corp. Appoints Chun-Shen Chen as Member of Audit CommitteePowerchip Semiconductor Manufacturing Corp. appointed Mr. Chun-Shen Chen, Chairman and CEO of Acer Incorporated. as member of Audit Committee, effective June 17, 2022.
Reported Earnings • May 05First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$1.85 (up from NT$0.68 in 1Q 2021). Revenue: NT$20.7b (up 56% from 1Q 2021). Net income: NT$6.62b (up 214% from 1Q 2021). Profit margin: 32% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 24% growth forecast for the industry in Taiwan.
Price Target Changed • Apr 27Price target decreased to NT$64.00Down from NT$74.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of NT$51.10. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$7.46 for next year compared to NT$4.92 last year.
Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. 1 highly experienced director. VP, CFO & Director Jerry Shao is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 22Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) completed the acquisition of Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. for TWD 1034 million.Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) agreed to acquire Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. for TWD 1034 million on June 11, 2021. Powerchip Semiconductor Manufacturing Corp. (TWSE:6770) completed the acquisition of Manufacture facilities from CHIEN YUEH TECHNOLOGY ENGINEERING CO., LTD. on April 21, 2022.
お知らせ • Apr 19Powerchip Semiconductor Manufacturing Corp. Announces Resignation of Burn J, Lin as Independent Director and Audit Committee MemberPowerchip Semiconductor Manufacturing Corp. announced resignation of Burn J, Lin as Independent director and Audit Committee Member. Date of occurrence of the change is April 18, 2022.
Major Estimate Revision • Apr 13Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$81.2b to NT$83.7b. EPS estimate increased from NT$6.70 to NT$7.39 per share. Net income forecast to grow 62% next year vs 26% growth forecast for Semiconductor industry in Taiwan. Consensus price target down from NT$74.00 to NT$66.80. Share price fell 4.6% to NT$51.80 over the past week.
Upcoming Dividend • Feb 17Upcoming dividend of NT$1.18 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 22 March 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.0%).
Reported Earnings • Feb 15Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$4.92 (up from NT$1.23 in FY 2020). Revenue: NT$65.6b (up 44% from FY 2020). Net income: NT$16.1b (up 323% from FY 2020). Profit margin: 25% (up from 8.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 24%, compared to a 24% growth forecast for the industry in Taiwan.
お知らせ • Feb 09+ 1 more updatePowerchip Semiconductor Manufacturing Corp. Approves Cash Dividend of the Second Half of 2021, Payable on March 2, 2021Powerchip Semiconductor Manufacturing Corp. announced the second half of cash dividend approved by the Board of Directors. Cash dividend of TWD 4,247,400,000, each common share is entitled to receive TWD 1.18222841. Ex-rights (ex-dividend) trading date is February 24, 2022; Ex-rights (ex-dividend) record date is March 2, 2022; Dividends distribution date is March 22, 2022.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS NT$1.30 (vs NT$0.29 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$17.3b (up 47% from 3Q 2020). Net income: NT$4.42b (up 396% from 3Q 2020). Profit margin: 26% (up from 7.6% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 02First quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.33 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$13.2b (up 19% from 1Q 2020). Net income: NT$2.11b (up 108% from 1Q 2020). Profit margin: 16% (up from 9.1% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$1.23 (vs NT$0.94 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$45.7b (up 27% from FY 2019). Net income: NT$3.81b (up NT$6.45b from FY 2019). Profit margin: 8.3% (up from net loss in FY 2019). The move to profitability was driven by higher revenue.
お知らせ • Mar 11Powerchip Semiconductor Manufacturing Corporation, Annual General Meeting, Jun 09, 2021Powerchip Semiconductor Manufacturing Corporation, Annual General Meeting, Jun 09, 2021.