View Financial HealthOtsuka Information Technology 配当と自社株買い配当金 基準チェック /56Otsuka Information Technology配当を支払う会社であり、現在の利回りは5.83%で、収益によって十分にカバーされています。主要情報5.8%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長13.1%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向70%最近の配当と自社株買いの更新Upcoming Dividend • Jun 26Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).Declared Dividend • May 14Dividend increased to NT$9.00Dividend of NT$9.00 is 13% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • May 08Dividend increased to NT$8.00Dividend of NT$8.00 is 6.7% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 24Upcoming dividend of NT$7.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.5%).Upcoming Dividend • Jun 23Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.0%).お知らせ • May 12Otsuka Information Technology Corp. Announces Cash Dividend, Payable on July 1, 2022Otsuka Information Technology Corp. announced cash dividend of TWD 6.0 per share of common stock, payable on July 1, 2022. Ex-rights (Ex-dividend) date is June 30, 2022 with Ex-rights (Ex-dividend) record date as July 7, 2022.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Apr 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to NT$161. The fair value is estimated to be NT$203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 10%.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$13.95 (vs NT$12.98 in FY 2024)Full year 2025 results: EPS: NT$13.95 (up from NT$12.98 in FY 2024). Revenue: NT$2.43b (up 16% from FY 2024). Net income: NT$238.5m (up 7.5% from FY 2024). Profit margin: 9.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.お知らせ • Feb 25Otsuka Information Technology Corp., Annual General Meeting, May 22, 2026Otsuka Information Technology Corp., Annual General Meeting, May 22, 2026. Location: 26 floor no,68, hsien min ta ta, banciao district, new taipei city TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$3.31 (vs NT$3.22 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.31 (up from NT$3.22 in 3Q 2024). Revenue: NT$574.8m (up 20% from 3Q 2024). Net income: NT$56.6m (up 2.7% from 3Q 2024). Profit margin: 9.8% (down from 12% in 3Q 2024). 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 but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.97b (US$95.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.97b market cap, or US$95.9m).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$3.41 (vs NT$3.14 in 2Q 2024)Second quarter 2025 results: EPS: NT$3.41 (up from NT$3.14 in 2Q 2024). Revenue: NT$611.7m (up 12% from 2Q 2024). Net income: NT$58.3m (up 8.5% from 2Q 2024). Profit margin: 9.5% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$192. The fair value is estimated to be NT$244, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%.New Risk • Jul 11New 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 8.1% 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 Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Jul 10Now 20% undervaluedOver the last 90 days, the stock has risen 11% to NT$195. The fair value is estimated to be NT$245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%.Upcoming Dividend • Jun 26Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).お知らせ • May 24Otsuka Information Technology Corp. Approves Board AppointmentsOtsuka Information Technology Corp. at its shareholders' meeting held on May 23, 2025, approved the appointment of Guo, Yi Long and Hsu, Hui-Ru as Directors; Lou, Yung-I as Independent Director.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$4.29 (vs NT$3.06 in 1Q 2024)First quarter 2025 results: EPS: NT$4.29 (up from NT$3.06 in 1Q 2024). Revenue: NT$743.4m (up 61% from 1Q 2024). Net income: NT$73.4m (up 40% from 1Q 2024). Profit margin: 9.9% (down from 11% in 1Q 2024). 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 but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • May 14Dividend increased to NT$9.00Dividend of NT$9.00 is 13% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change).お知らせ • May 03Otsuka Information Technology Corp. to Report Q1, 2025 Results on May 12, 2025Otsuka Information Technology Corp. announced that they will report Q1, 2025 results on May 12, 2025Buy Or Sell Opportunity • May 02Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$239. The fair value is estimated to be NT$198, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 11%.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$227, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 27x in the Software industry in Taiwan. Total returns to shareholders of 207% over the past three years.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$182, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 20x in the Software industry in Taiwan. Total returns to shareholders of 147% over the past three years.New Risk • Apr 07New 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 6.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.67b market cap, or US$80.7m).Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to NT$156. The fair value is estimated to be NT$201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 11%.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$12.98 (vs NT$11.62 in FY 2023)Full year 2024 results: EPS: NT$12.98 (up from NT$11.62 in FY 2023). Revenue: NT$2.10b (up 24% from FY 2023). Net income: NT$221.9m (up 12% from FY 2023). Profit margin: 11% (down from 12% in FY 2023). 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 but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27+ 2 more updatesOtsuka Information Technology Corp. Announces the Change of Financial OfficerOtsuka Information Technology Corp. announced change of Financial Officer. Name, title, and resume of the previous position holder; Acting Spokesperson: Chih-Ming, Lin /General Administration Division Director, Financial Officer: Chih-Ming, Lin /General Administration Division Director. Name, title, and resume of the new position holder; Acting Spokesperson: Cheng-Yi, Chu /Senior Manager, Financial Officer: Cheng-Yi, Chu /Senior Manager. Type of change: Position adjustment. Effective date is February 26, 2025.お知らせ • Feb 18Otsuka Information Technology Corp. to Report Fiscal Year 2024 Results on Feb 26, 2025Otsuka Information Technology Corp. announced that they will report fiscal year 2024 results on Feb 26, 2025Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$3.22 (vs NT$3.08 in 3Q 2023)Third quarter 2024 results: EPS: NT$3.22 (up from NT$3.08 in 3Q 2023). Revenue: NT$478.9m (up 15% from 3Q 2023). Net income: NT$55.1m (up 4.7% from 3Q 2023). Profit margin: 12% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$169, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 23x in the Software industry in Taiwan. Total returns to shareholders of 153% over the past three years.お知らせ • Nov 02Otsuka Information Technology Corp. to Report Q3, 2024 Results on Nov 11, 2024Otsuka Information Technology Corp. announced that they will report Q3, 2024 results on Nov 11, 2024New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 42% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$2.66b market cap, or US$82.5m).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$3.14 (vs NT$3.02 in 2Q 2023)Second quarter 2024 results: EPS: NT$3.14 (up from NT$3.02 in 2Q 2023). Revenue: NT$547.3m (up 32% from 2Q 2023). Net income: NT$53.7m (up 4.0% from 2Q 2023). Profit margin: 9.8% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to NT$172. The fair value is estimated to be NT$141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.お知らせ • Jul 25Otsuka Information Technology Corp. to Report Q2, 2024 Results on Aug 05, 2024Otsuka Information Technology Corp. announced that they will report Q2, 2024 results on Aug 05, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.06 (vs NT$2.78 in 1Q 2023)First quarter 2024 results: EPS: NT$3.06 (up from NT$2.78 in 1Q 2023). Revenue: NT$461.5m (up 2.1% from 1Q 2023). Net income: NT$52.3m (up 9.9% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • May 08Dividend increased to NT$8.00Dividend of NT$8.00 is 6.7% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Apr 28Otsuka Information Technology Corp. to Report Q1, 2024 Results on May 06, 2024Otsuka Information Technology Corp. announced that they will report Q1, 2024 results on May 06, 2024Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$11.62 (vs NT$10.65 in FY 2022)Full year 2023 results: EPS: NT$11.62 (up from NT$10.65 in FY 2022). Revenue: NT$1.69b (up 8.7% from FY 2022). Net income: NT$198.7m (up 9.1% from FY 2022). Profit margin: 12% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12Otsuka Information Technology Corp., Annual General Meeting, Jun 21, 2024Otsuka Information Technology Corp., Annual General Meeting, Jun 21, 2024. Location: 26th Floor, No. 68, Section 2, Xianmin Avenue, Banqiao District,New Taipei City New Tapei City Taiwan Agenda: To approve 2023 business report; to approve Audit Committee's review of the 2023 annual final accounting books and statements; to approve Report on 2023 employees' and directors' remuneration; and to Report on 2023 distribution of cash dividends.お知らせ • Mar 01Otsuka Information Technology Corp. Announces Change of Accounting OfficerOtsuka Information Technology Corp. announced the resignation of Kai Li, Fu, Manager of the Accounting Department, as accounting officer and the appointment of Chih-Ming, Lin, General Administration Division Director, as accounting officer, effective from February 29, 2024.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$172, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 32x in the Software industry in Taiwan. Total returns to shareholders of 157% over the past three years.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$3.08 (vs NT$2.50 in 3Q 2022)Third quarter 2023 results: EPS: NT$3.08 (up from NT$2.50 in 3Q 2022). Revenue: NT$415.8m (up 4.1% from 3Q 2022). Net income: NT$52.6m (up 23% from 3Q 2022). Profit margin: 13% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$3.02 (vs NT$2.79 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.02 (up from NT$2.79 in 2Q 2022). Revenue: NT$413.4m (up 1.6% from 2Q 2022). Net income: NT$51.7m (up 8.5% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.Upcoming Dividend • Jun 24Upcoming dividend of NT$7.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.5%).Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$140, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 21x in the Software industry in Taiwan. Total returns to shareholders of 80% over the past three years.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$166, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 22x in the Software industry in Taiwan. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$138, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 18x in the Software industry in Taiwan. Total returns to shareholders of 81% over the past three years.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$119, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the Software industry in Taiwan. Total returns to shareholders of 115% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$2.50 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.50 (down from NT$2.54 in 3Q 2021). Revenue: NT$399.3m (up 19% from 3Q 2021). Net income: NT$42.7m (down 1.6% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Kun-Feng Hsieh was the last independent director to join the board, commencing their role in 2021. 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$2.50 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.50 (down from NT$2.54 in 3Q 2021). Revenue: NT$399.3m (up 19% from 3Q 2021). Net income: NT$42.7m (down 1.6% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.78 (vs NT$1.83 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.78 (up from NT$1.83 in 2Q 2021). Revenue: NT$406.8m (up 29% from 2Q 2021). Net income: NT$47.6m (up 52% from 2Q 2021). Profit margin: 12% (up from 9.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Jun 23Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.0%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.34 (vs NT$1.55 in 1Q 2021)First quarter 2022 results: EPS: NT$2.34 (up from NT$1.55 in 1Q 2021). Revenue: NT$332.6m (up 9.6% from 1Q 2021). Net income: NT$39.9m (up 51% from 1Q 2021). Profit margin: 12% (up from 8.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • May 12Otsuka Information Technology Corp. Announces Cash Dividend, Payable on July 1, 2022Otsuka Information Technology Corp. announced cash dividend of TWD 6.0 per share of common stock, payable on July 1, 2022. Ex-rights (Ex-dividend) date is June 30, 2022 with Ex-rights (Ex-dividend) record date as July 7, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Jun-De Yan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$8.50 (vs NT$8.00 in FY 2020)Full year 2021 results: EPS: NT$8.50 (up from NT$8.00 in FY 2020). Revenue: NT$1.30b (up 15% from FY 2020). Net income: NT$145.4m (up 6.3% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.53 (vs NT$1.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$337.1m (up 29% from 3Q 2020). Net income: NT$43.3m (up 66% from 3Q 2020). Profit margin: 13% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.83 (vs NT$2.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$314.9m (up 7.8% from 2Q 2020). Net income: NT$31.3m (down 13% from 2Q 2020). Profit margin: 9.9% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 24Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 30 June 2021. Payment date: 30 July 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.4%).Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$1.55 (vs NT$2.36 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$303.5m (down 1.1% from 1Q 2020). Net income: NT$26.4m (down 35% from 1Q 2020). Profit margin: 8.7% (down from 13% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 06A Look Into Otsuka Information Technology's (GTSM:3570) Impressive Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$8.00 (vs NT$8.37 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.13b (down 6.3% from FY 2019). Net income: NT$136.8m (down 4.4% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 16Otsuka Information Technology (GTSM:3570) Has Compensated Shareholders With A Respectable 96% Return On Their InvestmentBy buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...分析記事 • Feb 23Is Otsuka Information Technology Corp. (GTSM:3570) The Right Choice For A Smart Dividend Investor?Is Otsuka Information Technology Corp. ( GTSM:3570 ) a good dividend stock? How can we tell? Dividend paying companies...Is New 90 Day High Low • Feb 23New 90-day high: NT$84.50The company is up 6.0% from its price of NT$79.90 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.分析記事 • Jan 28Otsuka Information Technology Corp.'s (GTSM:3570) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?It is hard to get excited after looking at Otsuka Information Technology's (GTSM:3570) recent performance, when its...分析記事 • Jan 02Can Otsuka Information Technology (GTSM:3570) Keep Up These Impressive Returns?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Dec 07Did You Participate In Any Of Otsuka Information Technology's (GTSM:3570) Fantastic 113% Return ?By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...分析記事 • Nov 19Here's What You Should Know About Otsuka Information Technology Corp.'s (GTSM:3570) 6.9% Dividend YieldToday we'll take a closer look at Otsuka Information Technology Corp. (GTSM:3570) from a dividend investor's...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.52The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$260.8m (down 7.8% from 3Q 2019). Net income: NT$26.1m (down 22% from 3Q 2019). Profit margin: 10.0% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.決済の安定と成長配当データの取得安定した配当: 3570の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3570の配当金は過去10年間にわたって増加しています。配当利回り対市場Otsuka Information Technology 配当利回り対市場3570 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (3570)5.8%市場下位25% (TW)1.5%市場トップ25% (TW)5.0%業界平均 (Software)2.9%アナリスト予想 (3570) (最長3年)n/a注目すべき配当: 3570の配当金 ( 5.83% ) はTW市場の配当金支払者の下位 25% ( 1.48% ) よりも高くなっています。高配当: 3570の配当金 ( 5.83% ) はTW市場 ( 5% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 3570の配当金は、合理的な 配当性向 ( 69.5% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 現在の現金配当性向（ 76.9% ）では、 3570の配当金はキャッシュフローによって賄われています。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/05/08 15:17終値2026/05/08 00:00収益2025/12/31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Otsuka Information Technology Corp. 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。0
Upcoming Dividend • Jun 26Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).
Declared Dividend • May 14Dividend increased to NT$9.00Dividend of NT$9.00 is 13% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • May 08Dividend increased to NT$8.00Dividend of NT$8.00 is 6.7% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 24Upcoming dividend of NT$7.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.5%).
Upcoming Dividend • Jun 23Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.0%).
お知らせ • May 12Otsuka Information Technology Corp. Announces Cash Dividend, Payable on July 1, 2022Otsuka Information Technology Corp. announced cash dividend of TWD 6.0 per share of common stock, payable on July 1, 2022. Ex-rights (Ex-dividend) date is June 30, 2022 with Ex-rights (Ex-dividend) record date as July 7, 2022.
Buy Or Sell Opportunity • Apr 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.9% to NT$161. The fair value is estimated to be NT$203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 10%.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$13.95 (vs NT$12.98 in FY 2024)Full year 2025 results: EPS: NT$13.95 (up from NT$12.98 in FY 2024). Revenue: NT$2.43b (up 16% from FY 2024). Net income: NT$238.5m (up 7.5% from FY 2024). Profit margin: 9.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Feb 25Otsuka Information Technology Corp., Annual General Meeting, May 22, 2026Otsuka Information Technology Corp., Annual General Meeting, May 22, 2026. Location: 26 floor no,68, hsien min ta ta, banciao district, new taipei city Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$3.31 (vs NT$3.22 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.31 (up from NT$3.22 in 3Q 2024). Revenue: NT$574.8m (up 20% from 3Q 2024). Net income: NT$56.6m (up 2.7% from 3Q 2024). Profit margin: 9.8% (down from 12% in 3Q 2024). 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 but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.97b (US$95.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.97b market cap, or US$95.9m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$3.41 (vs NT$3.14 in 2Q 2024)Second quarter 2025 results: EPS: NT$3.41 (up from NT$3.14 in 2Q 2024). Revenue: NT$611.7m (up 12% from 2Q 2024). Net income: NT$58.3m (up 8.5% from 2Q 2024). Profit margin: 9.5% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$192. The fair value is estimated to be NT$244, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%.
New Risk • Jul 11New 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 8.1% 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 Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Jul 10Now 20% undervaluedOver the last 90 days, the stock has risen 11% to NT$195. The fair value is estimated to be NT$245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%.
Upcoming Dividend • Jun 26Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).
お知らせ • May 24Otsuka Information Technology Corp. Approves Board AppointmentsOtsuka Information Technology Corp. at its shareholders' meeting held on May 23, 2025, approved the appointment of Guo, Yi Long and Hsu, Hui-Ru as Directors; Lou, Yung-I as Independent Director.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$4.29 (vs NT$3.06 in 1Q 2024)First quarter 2025 results: EPS: NT$4.29 (up from NT$3.06 in 1Q 2024). Revenue: NT$743.4m (up 61% from 1Q 2024). Net income: NT$73.4m (up 40% from 1Q 2024). Profit margin: 9.9% (down from 11% in 1Q 2024). 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 but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • May 14Dividend increased to NT$9.00Dividend of NT$9.00 is 13% higher than last year. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change).
お知らせ • May 03Otsuka Information Technology Corp. to Report Q1, 2025 Results on May 12, 2025Otsuka Information Technology Corp. announced that they will report Q1, 2025 results on May 12, 2025
Buy Or Sell Opportunity • May 02Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$239. The fair value is estimated to be NT$198, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 11%.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$227, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 27x in the Software industry in Taiwan. Total returns to shareholders of 207% over the past three years.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$182, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 20x in the Software industry in Taiwan. Total returns to shareholders of 147% over the past three years.
New Risk • Apr 07New 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 6.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.67b market cap, or US$80.7m).
Buy Or Sell Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.5% to NT$156. The fair value is estimated to be NT$201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 11%.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$12.98 (vs NT$11.62 in FY 2023)Full year 2024 results: EPS: NT$12.98 (up from NT$11.62 in FY 2023). Revenue: NT$2.10b (up 24% from FY 2023). Net income: NT$221.9m (up 12% from FY 2023). Profit margin: 11% (down from 12% in FY 2023). 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 but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27+ 2 more updatesOtsuka Information Technology Corp. Announces the Change of Financial OfficerOtsuka Information Technology Corp. announced change of Financial Officer. Name, title, and resume of the previous position holder; Acting Spokesperson: Chih-Ming, Lin /General Administration Division Director, Financial Officer: Chih-Ming, Lin /General Administration Division Director. Name, title, and resume of the new position holder; Acting Spokesperson: Cheng-Yi, Chu /Senior Manager, Financial Officer: Cheng-Yi, Chu /Senior Manager. Type of change: Position adjustment. Effective date is February 26, 2025.
お知らせ • Feb 18Otsuka Information Technology Corp. to Report Fiscal Year 2024 Results on Feb 26, 2025Otsuka Information Technology Corp. announced that they will report fiscal year 2024 results on Feb 26, 2025
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$3.22 (vs NT$3.08 in 3Q 2023)Third quarter 2024 results: EPS: NT$3.22 (up from NT$3.08 in 3Q 2023). Revenue: NT$478.9m (up 15% from 3Q 2023). Net income: NT$55.1m (up 4.7% from 3Q 2023). Profit margin: 12% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$169, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 23x in the Software industry in Taiwan. Total returns to shareholders of 153% over the past three years.
お知らせ • Nov 02Otsuka Information Technology Corp. to Report Q3, 2024 Results on Nov 11, 2024Otsuka Information Technology Corp. announced that they will report Q3, 2024 results on Nov 11, 2024
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 42% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Market cap is less than US$100m (NT$2.66b market cap, or US$82.5m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$3.14 (vs NT$3.02 in 2Q 2023)Second quarter 2024 results: EPS: NT$3.14 (up from NT$3.02 in 2Q 2023). Revenue: NT$547.3m (up 32% from 2Q 2023). Net income: NT$53.7m (up 4.0% from 2Q 2023). Profit margin: 9.8% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 01Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to NT$172. The fair value is estimated to be NT$141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.
お知らせ • Jul 25Otsuka Information Technology Corp. to Report Q2, 2024 Results on Aug 05, 2024Otsuka Information Technology Corp. announced that they will report Q2, 2024 results on Aug 05, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.06 (vs NT$2.78 in 1Q 2023)First quarter 2024 results: EPS: NT$3.06 (up from NT$2.78 in 1Q 2023). Revenue: NT$461.5m (up 2.1% from 1Q 2023). Net income: NT$52.3m (up 9.9% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • May 08Dividend increased to NT$8.00Dividend of NT$8.00 is 6.7% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 28Otsuka Information Technology Corp. to Report Q1, 2024 Results on May 06, 2024Otsuka Information Technology Corp. announced that they will report Q1, 2024 results on May 06, 2024
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$11.62 (vs NT$10.65 in FY 2022)Full year 2023 results: EPS: NT$11.62 (up from NT$10.65 in FY 2022). Revenue: NT$1.69b (up 8.7% from FY 2022). Net income: NT$198.7m (up 9.1% from FY 2022). Profit margin: 12% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12Otsuka Information Technology Corp., Annual General Meeting, Jun 21, 2024Otsuka Information Technology Corp., Annual General Meeting, Jun 21, 2024. Location: 26th Floor, No. 68, Section 2, Xianmin Avenue, Banqiao District,New Taipei City New Tapei City Taiwan Agenda: To approve 2023 business report; to approve Audit Committee's review of the 2023 annual final accounting books and statements; to approve Report on 2023 employees' and directors' remuneration; and to Report on 2023 distribution of cash dividends.
お知らせ • Mar 01Otsuka Information Technology Corp. Announces Change of Accounting OfficerOtsuka Information Technology Corp. announced the resignation of Kai Li, Fu, Manager of the Accounting Department, as accounting officer and the appointment of Chih-Ming, Lin, General Administration Division Director, as accounting officer, effective from February 29, 2024.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$172, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 32x in the Software industry in Taiwan. Total returns to shareholders of 157% over the past three years.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$3.08 (vs NT$2.50 in 3Q 2022)Third quarter 2023 results: EPS: NT$3.08 (up from NT$2.50 in 3Q 2022). Revenue: NT$415.8m (up 4.1% from 3Q 2022). Net income: NT$52.6m (up 23% from 3Q 2022). Profit margin: 13% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$3.02 (vs NT$2.79 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.02 (up from NT$2.79 in 2Q 2022). Revenue: NT$413.4m (up 1.6% from 2Q 2022). Net income: NT$51.7m (up 8.5% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
Upcoming Dividend • Jun 24Upcoming dividend of NT$7.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 30 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$140, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 21x in the Software industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$166, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 22x in the Software industry in Taiwan. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$138, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 18x in the Software industry in Taiwan. Total returns to shareholders of 81% over the past three years.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$119, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the Software industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$2.50 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.50 (down from NT$2.54 in 3Q 2021). Revenue: NT$399.3m (up 19% from 3Q 2021). Net income: NT$42.7m (down 1.6% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Kun-Feng Hsieh was the last independent director to join the board, commencing their role in 2021. 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$2.50 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.50 (down from NT$2.54 in 3Q 2021). Revenue: NT$399.3m (up 19% from 3Q 2021). Net income: NT$42.7m (down 1.6% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.78 (vs NT$1.83 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.78 (up from NT$1.83 in 2Q 2021). Revenue: NT$406.8m (up 29% from 2Q 2021). Net income: NT$47.6m (up 52% from 2Q 2021). Profit margin: 12% (up from 9.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 23Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.0%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.34 (vs NT$1.55 in 1Q 2021)First quarter 2022 results: EPS: NT$2.34 (up from NT$1.55 in 1Q 2021). Revenue: NT$332.6m (up 9.6% from 1Q 2021). Net income: NT$39.9m (up 51% from 1Q 2021). Profit margin: 12% (up from 8.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • May 12Otsuka Information Technology Corp. Announces Cash Dividend, Payable on July 1, 2022Otsuka Information Technology Corp. announced cash dividend of TWD 6.0 per share of common stock, payable on July 1, 2022. Ex-rights (Ex-dividend) date is June 30, 2022 with Ex-rights (Ex-dividend) record date as July 7, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Jun-De Yan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$8.50 (vs NT$8.00 in FY 2020)Full year 2021 results: EPS: NT$8.50 (up from NT$8.00 in FY 2020). Revenue: NT$1.30b (up 15% from FY 2020). Net income: NT$145.4m (up 6.3% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.53 (vs NT$1.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$337.1m (up 29% from 3Q 2020). Net income: NT$43.3m (up 66% from 3Q 2020). Profit margin: 13% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.83 (vs NT$2.11 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$314.9m (up 7.8% from 2Q 2020). Net income: NT$31.3m (down 13% from 2Q 2020). Profit margin: 9.9% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 24Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 30 June 2021. Payment date: 30 July 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.4%).
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$1.55 (vs NT$2.36 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$303.5m (down 1.1% from 1Q 2020). Net income: NT$26.4m (down 35% from 1Q 2020). Profit margin: 8.7% (down from 13% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 06A Look Into Otsuka Information Technology's (GTSM:3570) Impressive Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$8.00 (vs NT$8.37 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.13b (down 6.3% from FY 2019). Net income: NT$136.8m (down 4.4% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 16Otsuka Information Technology (GTSM:3570) Has Compensated Shareholders With A Respectable 96% Return On Their InvestmentBy buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...
分析記事 • Feb 23Is Otsuka Information Technology Corp. (GTSM:3570) The Right Choice For A Smart Dividend Investor?Is Otsuka Information Technology Corp. ( GTSM:3570 ) a good dividend stock? How can we tell? Dividend paying companies...
Is New 90 Day High Low • Feb 23New 90-day high: NT$84.50The company is up 6.0% from its price of NT$79.90 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period.
分析記事 • Jan 28Otsuka Information Technology Corp.'s (GTSM:3570) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?It is hard to get excited after looking at Otsuka Information Technology's (GTSM:3570) recent performance, when its...
分析記事 • Jan 02Can Otsuka Information Technology (GTSM:3570) Keep Up These Impressive Returns?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Dec 07Did You Participate In Any Of Otsuka Information Technology's (GTSM:3570) Fantastic 113% Return ?By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...
分析記事 • Nov 19Here's What You Should Know About Otsuka Information Technology Corp.'s (GTSM:3570) 6.9% Dividend YieldToday we'll take a closer look at Otsuka Information Technology Corp. (GTSM:3570) from a dividend investor's...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.52The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$260.8m (down 7.8% from 3Q 2019). Net income: NT$26.1m (down 22% from 3Q 2019). Profit margin: 10.0% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.