View ValuationWalton Advanced Engineering 将来の成長Future 基準チェック /06現在、 Walton Advanced Engineeringの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長25.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.49 (vs NT$0.21 in 1Q 2025)First quarter 2026 results: EPS: NT$0.49 (up from NT$0.21 in 1Q 2025). Revenue: NT$1.97b (up 9.9% from 1Q 2025). Net income: NT$249.1m (up 135% from 1Q 2025). Profit margin: 13% (up from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 415% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$63.30, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 395% over the past three years.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.48 (vs NT$0.26 in FY 2024)Full year 2025 results: EPS: NT$2.48 (up from NT$0.26 in FY 2024). Revenue: NT$7.32b (down 6.9% from FY 2024). Net income: NT$1.25b (up NT$1.12b from FY 2024). Profit margin: 17% (up from 1.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$52.50, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 286% over the past three years.お知らせ • Feb 26Walton Advanced Engineering, Inc., Annual General Meeting, Jun 17, 2026Walton Advanced Engineering, Inc., Annual General Meeting, Jun 17, 2026. Location: 5 floor no,18, pei i rd., cianjhen district, kaohsiung city TaiwanValuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$65.70, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 443% over the past three years.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$88.00, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 660% over the past three years.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$68.50, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 507% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$47.90, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 302% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$32.25, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 166% over the past three years.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.72 (vs NT$0.077 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$1.72 (up from NT$0.077 loss in 3Q 2024). Revenue: NT$1.87b (down 4.9% from 3Q 2024). Net income: NT$871.8m (up NT$910.9m from 3Q 2024). Profit margin: 47% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Nov 12Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 197% to NT$38.30. The fair value is estimated to be NT$30.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Oct 07Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 80% to NT$23.35. The fair value is estimated to be NT$18.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company became loss making.New Risk • Oct 03New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 3.9% to NT$13.45. The fair value is estimated to be NT$16.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.65 loss per share (vs NT$0.12 profit in 2Q 2024)Second quarter 2025 results: NT$0.65 loss per share (down from NT$0.12 profit in 2Q 2024). Revenue: NT$1.66b (down 13% from 2Q 2024). Net loss: NT$327.7m (down NT$387.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Declared Dividend • Jun 28Dividend reduced to NT$0.20Dividend of NT$0.20 is 1.9% lower than last year. Ex-date: 15th July 2025 Payment date: 30th July 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.9% EPS decline seen over the last 5 years.お知らせ • Jun 12Walton Advanced Engineering, Inc. Announces Board ChangesWalton Advanced Engineering, Inc. at its AGM held on, June 11, 2025, approved Chiao Yu-Chi - Walsin Lihwa Corp. Representative as Director. Title and name of the previous position holder: Director: Walsin Lihwa Corp. Representative Chiao Yu-Lon; Resume of the previous position holder: Director: Walsin Lihwa Corp. Representative Chiao Yu-Lon (Chairman and CEO of Walsin Lihwa Corp.). Original term from June 14, 2022 to June 13, 2025; Effective date of the new appointment: June 11, 2025.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.21 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.21 (down from NT$0.30 in 1Q 2024). Revenue: NT$1.79b (down 9.4% from 1Q 2024). Net income: NT$106.0m (down 31% from 1Q 2024). Profit margin: 5.9% (down from 7.8% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Apr 22Walton Advanced Engineering, Inc. to Report Q1, 2025 Results on Apr 29, 2025Walton Advanced Engineering, Inc. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$11.25, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.013 loss in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.013 loss in FY 2023). Revenue: NT$7.86b (up 8.0% from FY 2023). Net income: NT$134.3m (up NT$141.1m from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Feb 21Walton Advanced Engineering, Inc., Annual General Meeting, Jun 11, 2025Walton Advanced Engineering, Inc., Annual General Meeting, Jun 11, 2025. Location: 5 floor no,18, pei i rd., cianjhen district, kaohsiung city TaiwanValuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$15.90, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total loss to shareholders of 8.6% over the past three years.分析記事 • Feb 14Estimating The Fair Value Of Walton Advanced Engineering, Inc. (TWSE:8110)Key Insights The projected fair value for Walton Advanced Engineering is NT$17.53 based on 2 Stage Free Cash Flow to...お知らせ • Feb 13Walton Advanced Engineering, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025Walton Advanced Engineering, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025Buy Or Sell Opportunity • Dec 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$14.15. The fair value is estimated to be NT$18.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company has become profitable.分析記事 • Nov 21We Think That There Are Issues Underlying Walton Advanced Engineering's (TWSE:8110) EarningsWalton Advanced Engineering, Inc. ( TWSE:8110 ) announced strong profits, but the stock was stagnant. Our analysis...Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.08 loss per share (vs NT$0.034 profit in 3Q 2023)Third quarter 2024 results: NT$0.08 loss per share (down from NT$0.034 profit in 3Q 2023). Revenue: NT$1.97b (up 14% from 3Q 2023). Net loss: NT$39.1m (down 323% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Oct 23Walton Advanced Engineering, Inc. to Report Q3, 2024 Results on Oct 30, 2024Walton Advanced Engineering, Inc. announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.081 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (up from NT$0.081 loss in 2Q 2023). Revenue: NT$1.90b (up 9.3% from 2Q 2023). Net income: NT$59.5m (up NT$101.1m from 2Q 2023). Profit margin: 3.1% (up from net loss in 2Q 2023). 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 1% per year, which means it has not declined as severely as earnings.分析記事 • Aug 05More Unpleasant Surprises Could Be In Store For Walton Advanced Engineering, Inc.'s (TWSE:8110) Shares After Tumbling 26%Walton Advanced Engineering, Inc. ( TWSE:8110 ) shareholders won't be pleased to see that the share price has had a...お知らせ • Jul 24Walton Advanced Engineering, Inc. to Report Q2, 2024 Results on Aug 01, 2024Walton Advanced Engineering, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024Upcoming Dividend • Jul 07Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 31 July 2024. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.0%).分析記事 • Jul 01Here's Why Walton Advanced Engineering (TWSE:8110) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Declared Dividend • Jun 22Dividend increased to NT$0.20Dividend of NT$0.20 is 36% higher than last year. Ex-date: 11th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%.分析記事 • May 22We Think That There Are More Issues For Walton Advanced Engineering (TWSE:8110) Than Just Sluggish EarningsFollowing the release of a lackluster earnings report from Walton Advanced Engineering, Inc. ( TWSE:8110 ) the stock...Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.074 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.074 in 1Q 2023). Revenue: NT$1.98b (up 8.2% from 1Q 2023). Net income: NT$153.9m (up 302% from 1Q 2023). Profit margin: 7.8% (up from 2.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Mar 16Full year 2023 earnings released: NT$0.01 loss per share (vs NT$0.50 profit in FY 2022)Full year 2023 results: NT$0.01 loss per share (down from NT$0.50 profit in FY 2022). Revenue: NT$7.28b (down 24% from FY 2022). Net loss: NT$6.81m (down 103% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Feb 23Walton Advanced Engineering, Inc., Annual General Meeting, Jun 06, 2024Walton Advanced Engineering, Inc., Annual General Meeting, Jun 06, 2024. Location: 5F.Conference Room, No. 18, North First Rd Qianzhen Dist Kaohsiung Taiwan Agenda: To consider and approve 2023 Business Report and Financial Statements; to consider and approve Audit Committee's review report of 2023; to consider 2023 remuneration of employees and directors; and to discuss other matters.New Risk • Nov 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$16.35, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years.New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.08 loss per share (vs NT$0.024 loss in 2Q 2022)Second quarter 2023 results: NT$0.08 loss per share (further deteriorated from NT$0.024 loss in 2Q 2022). Revenue: NT$1.74b (down 28% from 2Q 2022). Net loss: NT$41.6m (loss widened 237% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 13Upcoming dividend of NT$0.15 per share at 1.1% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).お知らせ • Jul 06Walton Advanced Engineering, Inc. Announces Cash Dividend, Payable on August 17, 2023Walton Advanced Engineering, Inc. announced the total amount of cash dividend to common shareholders is TWD 77,360,982 and the distribution ratio is TWD 0.15 per share. Payment date of cash dividend distribution is August 17, 2023. Ex-rights (ex-dividend) trading date is July 20, 2023. Last date before book closure is July 21, 2023. Book closure starting date is July 24, 2023. Book closure ending date is July 28, 2023. Ex-rights (ex-dividend) record date is July 28, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.50 (vs NT$0.43 in FY 2021)Full year 2022 results: EPS: NT$0.50 (up from NT$0.43 in FY 2021). Revenue: NT$9.51b (up 17% from FY 2021). Net income: NT$258.1m (up 17% from FY 2021). Profit margin: 2.7% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ching-Ya Chiu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.52 (vs NT$0.035 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.52 (up from NT$0.035 in 3Q 2021). Revenue: NT$2.61b (up 21% from 3Q 2021). Net income: NT$267.5m (up NT$249.6m from 3Q 2021). Profit margin: 10% (up from 0.8% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.039 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.039 loss in 2Q 2021). Revenue: NT$2.43b (up 12% from 2Q 2021). Net loss: NT$12.3m (loss narrowed 38% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 26Upcoming dividend of NT$0.13 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).お知らせ • Jun 15+ 1 more updateWalton Advanced Engineering, Inc. Appoints Chiu, Ching-Ya to Audit CommitteeWalton Advanced Engineering, Inc. announced list of the 2nd-term Audit Committee of the Company. Name of the previous position holder: Lu, Li-Cheng, Hau, Hai-Yen, Lin, Wang-Cai. Resume of the previous position holder: Lu, Li-Cheng - the Independent Director of the Company; Hau, Hai-Yen - the Independent Director of the Company; Lin, Wang-Cai - the Independent Director of the Company. Name of the new position holder: Lu, Li-Cheng, Hau, Hai-Yen, Lin, Wang-Cai, Chiu, Ching-Ya. Resume of the new position holder: Lu, Li-Cheng - the Independent Director of the Company; Hau, Hai-Yen - the Independent Director of the Company; Lin, Wang-Cai - the Independent Director of the Company; and Chiu, Ching-Ya - the General Manager of Prosperous Living Co. Ltd. Effective date of the new member is June 14, 2022. The tenure of the 2nd-term Audit Committee is the same as the tenure of the 10th Board of Directors.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.063 in 1Q 2021)First quarter 2022 results: EPS: NT$0.11 (up from NT$0.063 in 1Q 2021). Revenue: NT$2.29b (up 63% from 1Q 2021). Net income: NT$57.4m (up 81% from 1Q 2021). Profit margin: 2.5% (up from 2.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Hai-Yen Hao was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$0.43 (vs NT$0.52 in FY 2020)Full year 2021 results: EPS: NT$0.43 (down from NT$0.52 in FY 2020). Revenue: NT$8.12b (up 36% from FY 2020). Net income: NT$219.9m (down 14% from FY 2020). Profit margin: 2.7% (down from 4.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.お知らせ • Feb 24Walton Advanced Engineering, Inc., Annual General Meeting, Jun 14, 2022Walton Advanced Engineering, Inc., Annual General Meeting, Jun 14, 2022. Location: 5F.Conference Room, No. 18, North First Rd Qianzhen Dist Kao Hsiung City Taiwan Agenda: To ratify the 2021 Business Report and Financial Statements; to ratify the proposal for distribution of 2021 profits; to discuss the amendment to the Articles of Incorporation; to discuss the amendment to the Procedures for Acquisition or Disposal of Assets, Operational Procedures for Loaning Funds, Operational Procedures for Endorsements and Guarantees; to consider propose to elect the company's Directors; and to discuss the proposal for the release of new Directors's Non-Competition Obligations.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.03 (vs NT$0.42 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$2.16b (up 51% from 3Q 2020). Net income: NT$17.9m (down 91% from 3Q 2020). Profit margin: 0.8% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.18 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$2.18b (up 40% from 2Q 2020). Net loss: NT$19.8m (down 122% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 05Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 03 September 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$25.10, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 58% over the past three years.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.27 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$1.41b (down 10% from 1Q 2020). Net income: NT$31.7m (up NT$164.6m from 1Q 2020). Profit margin: 2.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$13.60, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.4% over the past three years.分析記事 • May 02Here's Why Walton Advanced Engineering (TPE:8110) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$18.55, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.51 (vs NT$0.33 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$5.97b (down 11% from FY 2019). Net income: NT$254.9m (up 54% from FY 2019). Profit margin: 4.3% (up from 2.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Feb 26Walton Advanced Engineering, Inc., Annual General Meeting, Jun 23, 2021Walton Advanced Engineering, Inc., Annual General Meeting, Jun 23, 2021. Location: 5F.Conference Room, No. 18, North First Rd K.E.P.Z Kaohsiung City Taiwan Agenda: To consider 2020 business report and financial statements; to consider audit committee's review report of 2020; to consider 2020 report on remuneration of employees and directors; to discuss the amendment to the rules of procedure for shareholder meetings; to discuss the amendment to the operational procedures for endorsements and guarantees; and to consider other matters.分析記事 • Feb 04We Wouldn't Rely On Walton Advanced Engineering's (TPE:8110) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...分析記事 • Jan 14Does Walton Advanced Engineering (TPE:8110) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Dec 23New 90-day high: NT$14.00The company is up 44% from its price of NT$9.74 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 20% over the same period.分析記事 • Dec 16Returns On Capital Tell Us A Lot About Walton Advanced Engineering (TPE:8110)To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 19% share price gain to NT$13.60, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 17.6x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 12%.Is New 90 Day High Low • Nov 27New 90-day high: NT$11.85The company is up 19% from its price of NT$9.97 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 15% over the same period.分析記事 • Nov 25Reflecting on Walton Advanced Engineering's (TPE:8110) Share Price Returns Over The Last Three YearsWhile not a mind-blowing move, it is good to see that the Walton Advanced Engineering, Inc. (TPE:8110) share price has...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.42The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins were improved. Third quarter 2020 results: Revenue: NT$1.43b (down 14% from 3Q 2019). Net income: NT$207.3m (flat on 3Q 2019). Profit margin: 14% (up from 13% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 26Market bids up stock over the past weekAfter last week's 17% share price gain to NT$11.65, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.4x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 17%.Is New 90 Day High Low • Oct 23New 90-day high: NT$10.90The company is up 11% from its price of NT$9.86 on 24 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 13% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Walton Advanced Engineering は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TWSE:8110 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20267,4921,397-611896N/A12/31/20257,3151,254-291,305N/A9/30/20257,3336107821,499N/A6/30/20257,429-3011,4341,848N/A3/31/20257,674862,0342,364N/A12/31/20247,8591341,7362,115N/A9/30/20247,8351531,2841,906N/A6/30/20247,5882101,1161,971N/A3/31/20247,4261091,4472,499N/A12/31/20237,276-71,2632,621N/A9/30/20237,462-409852,296N/A6/30/20238,3562101,7182,993N/A3/31/20239,0422399492,228N/A12/31/20229,5062581,0642,158N/A9/30/20229,7145031,2432,392N/A6/30/20229,2582535201,795N/A3/31/20229,006246-1,762737N/A12/31/20218,118220-1,739695N/A9/30/20217,143120-1,863400N/A6/30/20216,419310-2,849235N/A3/31/20215,803419-3371,883N/A12/31/20205,966255-1,1981,223N/A9/30/20206,415323-1,8241,840N/A6/30/20206,6413251572,093N/A3/31/20206,669145-121,475N/A12/31/20196,727165N/A2,005N/A9/30/20196,882121N/A2,304N/A6/30/20197,420-72N/A2,424N/A3/31/20197,979239N/A2,373N/A12/31/20188,553405N/A2,891N/A9/30/20189,034559N/A2,668N/A6/30/20189,311792N/A2,902N/A3/31/20189,414663N/A3,080N/A12/31/20179,432671N/A3,023N/A9/30/20179,555719N/A3,892N/A6/30/20179,318576N/A3,425N/A3/31/20179,102577N/A3,393N/A12/31/20168,748440N/A2,706N/A9/30/20168,266208N/A2,267N/A6/30/20167,986252N/A2,292N/A3/31/20167,862115N/A2,593N/A12/31/20157,914144N/A3,433N/A9/30/20158,210261N/A4,161N/A6/30/20158,982422N/A4,210N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 8110の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 8110の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 8110の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 8110の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 8110の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 8110の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 09:54終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Walton Advanced Engineering, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Liyen ChenCapital Securities Corporationnull nullCapital Securities CorporationBen YehKGI Securities Co. Ltd.1 その他のアナリストを表示
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.49 (vs NT$0.21 in 1Q 2025)First quarter 2026 results: EPS: NT$0.49 (up from NT$0.21 in 1Q 2025). Revenue: NT$1.97b (up 9.9% from 1Q 2025). Net income: NT$249.1m (up 135% from 1Q 2025). Profit margin: 13% (up from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 415% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$63.30, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 395% over the past three years.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.48 (vs NT$0.26 in FY 2024)Full year 2025 results: EPS: NT$2.48 (up from NT$0.26 in FY 2024). Revenue: NT$7.32b (down 6.9% from FY 2024). Net income: NT$1.25b (up NT$1.12b from FY 2024). Profit margin: 17% (up from 1.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$52.50, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 286% over the past three years.
お知らせ • Feb 26Walton Advanced Engineering, Inc., Annual General Meeting, Jun 17, 2026Walton Advanced Engineering, Inc., Annual General Meeting, Jun 17, 2026. Location: 5 floor no,18, pei i rd., cianjhen district, kaohsiung city Taiwan
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$65.70, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 443% over the past three years.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$88.00, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 660% over the past three years.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$68.50, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 507% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$47.90, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 302% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$32.25, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 166% over the past three years.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.72 (vs NT$0.077 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$1.72 (up from NT$0.077 loss in 3Q 2024). Revenue: NT$1.87b (down 4.9% from 3Q 2024). Net income: NT$871.8m (up NT$910.9m from 3Q 2024). Profit margin: 47% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Nov 12Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 197% to NT$38.30. The fair value is estimated to be NT$30.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Oct 07Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 80% to NT$23.35. The fair value is estimated to be NT$18.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Oct 03New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 3.9% to NT$13.45. The fair value is estimated to be NT$16.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.65 loss per share (vs NT$0.12 profit in 2Q 2024)Second quarter 2025 results: NT$0.65 loss per share (down from NT$0.12 profit in 2Q 2024). Revenue: NT$1.66b (down 13% from 2Q 2024). Net loss: NT$327.7m (down NT$387.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Declared Dividend • Jun 28Dividend reduced to NT$0.20Dividend of NT$0.20 is 1.9% lower than last year. Ex-date: 15th July 2025 Payment date: 30th July 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.9% EPS decline seen over the last 5 years.
お知らせ • Jun 12Walton Advanced Engineering, Inc. Announces Board ChangesWalton Advanced Engineering, Inc. at its AGM held on, June 11, 2025, approved Chiao Yu-Chi - Walsin Lihwa Corp. Representative as Director. Title and name of the previous position holder: Director: Walsin Lihwa Corp. Representative Chiao Yu-Lon; Resume of the previous position holder: Director: Walsin Lihwa Corp. Representative Chiao Yu-Lon (Chairman and CEO of Walsin Lihwa Corp.). Original term from June 14, 2022 to June 13, 2025; Effective date of the new appointment: June 11, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.21 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.21 (down from NT$0.30 in 1Q 2024). Revenue: NT$1.79b (down 9.4% from 1Q 2024). Net income: NT$106.0m (down 31% from 1Q 2024). Profit margin: 5.9% (down from 7.8% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 22Walton Advanced Engineering, Inc. to Report Q1, 2025 Results on Apr 29, 2025Walton Advanced Engineering, Inc. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$11.25, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.
New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.013 loss in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.013 loss in FY 2023). Revenue: NT$7.86b (up 8.0% from FY 2023). Net income: NT$134.3m (up NT$141.1m from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 21Walton Advanced Engineering, Inc., Annual General Meeting, Jun 11, 2025Walton Advanced Engineering, Inc., Annual General Meeting, Jun 11, 2025. Location: 5 floor no,18, pei i rd., cianjhen district, kaohsiung city Taiwan
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$15.90, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total loss to shareholders of 8.6% over the past three years.
分析記事 • Feb 14Estimating The Fair Value Of Walton Advanced Engineering, Inc. (TWSE:8110)Key Insights The projected fair value for Walton Advanced Engineering is NT$17.53 based on 2 Stage Free Cash Flow to...
お知らせ • Feb 13Walton Advanced Engineering, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025Walton Advanced Engineering, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025
Buy Or Sell Opportunity • Dec 16Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$14.15. The fair value is estimated to be NT$18.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company has become profitable.
分析記事 • Nov 21We Think That There Are Issues Underlying Walton Advanced Engineering's (TWSE:8110) EarningsWalton Advanced Engineering, Inc. ( TWSE:8110 ) announced strong profits, but the stock was stagnant. Our analysis...
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.08 loss per share (vs NT$0.034 profit in 3Q 2023)Third quarter 2024 results: NT$0.08 loss per share (down from NT$0.034 profit in 3Q 2023). Revenue: NT$1.97b (up 14% from 3Q 2023). Net loss: NT$39.1m (down 323% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 23Walton Advanced Engineering, Inc. to Report Q3, 2024 Results on Oct 30, 2024Walton Advanced Engineering, Inc. announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.081 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (up from NT$0.081 loss in 2Q 2023). Revenue: NT$1.90b (up 9.3% from 2Q 2023). Net income: NT$59.5m (up NT$101.1m from 2Q 2023). Profit margin: 3.1% (up from net loss in 2Q 2023). 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 1% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 05More Unpleasant Surprises Could Be In Store For Walton Advanced Engineering, Inc.'s (TWSE:8110) Shares After Tumbling 26%Walton Advanced Engineering, Inc. ( TWSE:8110 ) shareholders won't be pleased to see that the share price has had a...
お知らせ • Jul 24Walton Advanced Engineering, Inc. to Report Q2, 2024 Results on Aug 01, 2024Walton Advanced Engineering, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024
Upcoming Dividend • Jul 07Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 31 July 2024. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.0%).
分析記事 • Jul 01Here's Why Walton Advanced Engineering (TWSE:8110) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Declared Dividend • Jun 22Dividend increased to NT$0.20Dividend of NT$0.20 is 36% higher than last year. Ex-date: 11th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%.
分析記事 • May 22We Think That There Are More Issues For Walton Advanced Engineering (TWSE:8110) Than Just Sluggish EarningsFollowing the release of a lackluster earnings report from Walton Advanced Engineering, Inc. ( TWSE:8110 ) the stock...
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.074 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.074 in 1Q 2023). Revenue: NT$1.98b (up 8.2% from 1Q 2023). Net income: NT$153.9m (up 302% from 1Q 2023). Profit margin: 7.8% (up from 2.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 16Full year 2023 earnings released: NT$0.01 loss per share (vs NT$0.50 profit in FY 2022)Full year 2023 results: NT$0.01 loss per share (down from NT$0.50 profit in FY 2022). Revenue: NT$7.28b (down 24% from FY 2022). Net loss: NT$6.81m (down 103% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Feb 23Walton Advanced Engineering, Inc., Annual General Meeting, Jun 06, 2024Walton Advanced Engineering, Inc., Annual General Meeting, Jun 06, 2024. Location: 5F.Conference Room, No. 18, North First Rd Qianzhen Dist Kaohsiung Taiwan Agenda: To consider and approve 2023 Business Report and Financial Statements; to consider and approve Audit Committee's review report of 2023; to consider 2023 remuneration of employees and directors; and to discuss other matters.
New Risk • Nov 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$16.35, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 49% over the past three years.
New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 53% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.08 loss per share (vs NT$0.024 loss in 2Q 2022)Second quarter 2023 results: NT$0.08 loss per share (further deteriorated from NT$0.024 loss in 2Q 2022). Revenue: NT$1.74b (down 28% from 2Q 2022). Net loss: NT$41.6m (loss widened 237% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 13Upcoming dividend of NT$0.15 per share at 1.1% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).
お知らせ • Jul 06Walton Advanced Engineering, Inc. Announces Cash Dividend, Payable on August 17, 2023Walton Advanced Engineering, Inc. announced the total amount of cash dividend to common shareholders is TWD 77,360,982 and the distribution ratio is TWD 0.15 per share. Payment date of cash dividend distribution is August 17, 2023. Ex-rights (ex-dividend) trading date is July 20, 2023. Last date before book closure is July 21, 2023. Book closure starting date is July 24, 2023. Book closure ending date is July 28, 2023. Ex-rights (ex-dividend) record date is July 28, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.50 (vs NT$0.43 in FY 2021)Full year 2022 results: EPS: NT$0.50 (up from NT$0.43 in FY 2021). Revenue: NT$9.51b (up 17% from FY 2021). Net income: NT$258.1m (up 17% from FY 2021). Profit margin: 2.7% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Ching-Ya Chiu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.52 (vs NT$0.035 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.52 (up from NT$0.035 in 3Q 2021). Revenue: NT$2.61b (up 21% from 3Q 2021). Net income: NT$267.5m (up NT$249.6m from 3Q 2021). Profit margin: 10% (up from 0.8% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.039 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.039 loss in 2Q 2021). Revenue: NT$2.43b (up 12% from 2Q 2021). Net loss: NT$12.3m (loss narrowed 38% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 26Upcoming dividend of NT$0.13 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).
お知らせ • Jun 15+ 1 more updateWalton Advanced Engineering, Inc. Appoints Chiu, Ching-Ya to Audit CommitteeWalton Advanced Engineering, Inc. announced list of the 2nd-term Audit Committee of the Company. Name of the previous position holder: Lu, Li-Cheng, Hau, Hai-Yen, Lin, Wang-Cai. Resume of the previous position holder: Lu, Li-Cheng - the Independent Director of the Company; Hau, Hai-Yen - the Independent Director of the Company; Lin, Wang-Cai - the Independent Director of the Company. Name of the new position holder: Lu, Li-Cheng, Hau, Hai-Yen, Lin, Wang-Cai, Chiu, Ching-Ya. Resume of the new position holder: Lu, Li-Cheng - the Independent Director of the Company; Hau, Hai-Yen - the Independent Director of the Company; Lin, Wang-Cai - the Independent Director of the Company; and Chiu, Ching-Ya - the General Manager of Prosperous Living Co. Ltd. Effective date of the new member is June 14, 2022. The tenure of the 2nd-term Audit Committee is the same as the tenure of the 10th Board of Directors.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.063 in 1Q 2021)First quarter 2022 results: EPS: NT$0.11 (up from NT$0.063 in 1Q 2021). Revenue: NT$2.29b (up 63% from 1Q 2021). Net income: NT$57.4m (up 81% from 1Q 2021). Profit margin: 2.5% (up from 2.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Hai-Yen Hao was the last independent director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$0.43 (vs NT$0.52 in FY 2020)Full year 2021 results: EPS: NT$0.43 (down from NT$0.52 in FY 2020). Revenue: NT$8.12b (up 36% from FY 2020). Net income: NT$219.9m (down 14% from FY 2020). Profit margin: 2.7% (down from 4.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Feb 24Walton Advanced Engineering, Inc., Annual General Meeting, Jun 14, 2022Walton Advanced Engineering, Inc., Annual General Meeting, Jun 14, 2022. Location: 5F.Conference Room, No. 18, North First Rd Qianzhen Dist Kao Hsiung City Taiwan Agenda: To ratify the 2021 Business Report and Financial Statements; to ratify the proposal for distribution of 2021 profits; to discuss the amendment to the Articles of Incorporation; to discuss the amendment to the Procedures for Acquisition or Disposal of Assets, Operational Procedures for Loaning Funds, Operational Procedures for Endorsements and Guarantees; to consider propose to elect the company's Directors; and to discuss the proposal for the release of new Directors's Non-Competition Obligations.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.03 (vs NT$0.42 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$2.16b (up 51% from 3Q 2020). Net income: NT$17.9m (down 91% from 3Q 2020). Profit margin: 0.8% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.18 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$2.18b (up 40% from 2Q 2020). Net loss: NT$19.8m (down 122% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 05Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 03 September 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$25.10, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 58% over the past three years.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.27 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$1.41b (down 10% from 1Q 2020). Net income: NT$31.7m (up NT$164.6m from 1Q 2020). Profit margin: 2.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$13.60, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.4% over the past three years.
分析記事 • May 02Here's Why Walton Advanced Engineering (TPE:8110) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$18.55, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.51 (vs NT$0.33 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$5.97b (down 11% from FY 2019). Net income: NT$254.9m (up 54% from FY 2019). Profit margin: 4.3% (up from 2.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Feb 26Walton Advanced Engineering, Inc., Annual General Meeting, Jun 23, 2021Walton Advanced Engineering, Inc., Annual General Meeting, Jun 23, 2021. Location: 5F.Conference Room, No. 18, North First Rd K.E.P.Z Kaohsiung City Taiwan Agenda: To consider 2020 business report and financial statements; to consider audit committee's review report of 2020; to consider 2020 report on remuneration of employees and directors; to discuss the amendment to the rules of procedure for shareholder meetings; to discuss the amendment to the operational procedures for endorsements and guarantees; and to consider other matters.
分析記事 • Feb 04We Wouldn't Rely On Walton Advanced Engineering's (TPE:8110) Statutory Earnings As A GuideBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Jan 14Does Walton Advanced Engineering (TPE:8110) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Dec 23New 90-day high: NT$14.00The company is up 44% from its price of NT$9.74 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 20% over the same period.
分析記事 • Dec 16Returns On Capital Tell Us A Lot About Walton Advanced Engineering (TPE:8110)To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 19% share price gain to NT$13.60, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 17.6x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 12%.
Is New 90 Day High Low • Nov 27New 90-day high: NT$11.85The company is up 19% from its price of NT$9.97 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 15% over the same period.
分析記事 • Nov 25Reflecting on Walton Advanced Engineering's (TPE:8110) Share Price Returns Over The Last Three YearsWhile not a mind-blowing move, it is good to see that the Walton Advanced Engineering, Inc. (TPE:8110) share price has...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.42The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins were improved. Third quarter 2020 results: Revenue: NT$1.43b (down 14% from 3Q 2019). Net income: NT$207.3m (flat on 3Q 2019). Profit margin: 14% (up from 13% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 26Market bids up stock over the past weekAfter last week's 17% share price gain to NT$11.65, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.4x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total return to shareholders over the past three years is a loss of 17%.
Is New 90 Day High Low • Oct 23New 90-day high: NT$10.90The company is up 11% from its price of NT$9.86 on 24 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 13% over the same period.