View Financial HealthPapago 配当と自社株買い配当金 基準チェック /06Papago配当金を支払った記録がありません。主要情報0%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n/a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0%最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesReported Earnings • Mar 14Full year 2025 earnings released: NT$0.38 loss per share (vs NT$0.29 loss in FY 2024)Full year 2025 results: NT$0.38 loss per share (further deteriorated from NT$0.29 loss in FY 2024). Revenue: NT$264.9m (down 29% from FY 2024). Net loss: NT$15.6m (loss widened 30% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.お知らせ • Mar 13Papago Inc., Annual General Meeting, Jun 12, 2026Papago Inc., Annual General Meeting, Jun 12, 2026. Location: 2 floor no,399, jui kuang rd., neihu district, taipei city TaiwanReported Earnings • Nov 16Third quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.04 profit in 3Q 2024)Third quarter 2025 results: NT$0.16 loss per share (down from NT$0.04 profit in 3Q 2024). Revenue: NT$59.6m (down 40% from 3Q 2024). Net loss: NT$6.58m (down 498% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 2Q 2024). Revenue: NT$60.4m (down 37% from 2Q 2024). Net loss: NT$7.87m (loss widened 68% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.021 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$0.021 profit in 1Q 2024). Revenue: NT$64.0m (down 29% from 1Q 2024). Net loss: NT$3.23m (down 472% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 27Full year 2024 earnings released: NT$0.29 loss per share (vs NT$0.11 profit in FY 2023)Full year 2024 results: NT$0.29 loss per share (down from NT$0.11 profit in FY 2023). Revenue: NT$371.6m (down 5.5% from FY 2023). Net loss: NT$12.0m (down 371% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Mar 13Papago Inc., Annual General Meeting, Jun 16, 2025Papago Inc., Annual General Meeting, Jun 16, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanReported Earnings • Nov 19Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$99.6m (up 11% from 3Q 2023). Net income: NT$2.42m (up 168% from 3Q 2023). Profit margin: 2.4% (up from 1.0% in 3Q 2023).Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.042 profit in 2Q 2023)Second quarter 2024 results: NT$0.11 loss per share (down from NT$0.042 profit in 2Q 2023). Revenue: NT$95.8m (down 3.0% from 2Q 2023). Net loss: NT$4.70m (down 376% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.025 in 1Q 2023)First quarter 2024 results: EPS: NT$0.02 (down from NT$0.025 in 1Q 2023). Revenue: NT$90.1m (down 4.7% from 1Q 2023). Net income: NT$867.0k (down 14% from 1Q 2023). Profit margin: 1.0% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.New Risk • Apr 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$554.1m market cap, or US$17.3m).Reported Earnings • Mar 30Full year 2023 earnings released: EPS: NT$0.11 (vs NT$0.07 in FY 2022)Full year 2023 results: EPS: NT$0.11 (up from NT$0.07 in FY 2022). Revenue: NT$393.4m (up 3.8% from FY 2022). Net income: NT$4.43m (up 54% from FY 2022). Profit margin: 1.1% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 22Papago Inc., Annual General Meeting, Jun 26, 2024Papago Inc., Annual General Meeting, Jun 26, 2024.New Risk • Dec 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$574.5m market cap, or US$18.3m).New Risk • Aug 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$560.2m market cap, or US$17.6m).New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$615.4m market cap, or US$19.2m).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.015 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (up from NT$0.015 in 2Q 2022). Revenue: NT$98.8m (up 8.5% from 2Q 2022). Net income: NT$1.70m (up 179% from 2Q 2022). Profit margin: 1.7% (up from 0.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.New Risk • Jul 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 242% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$629.7m market cap, or US$20.1m).Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.89 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.01 (up from NT$0.89 loss in 3Q 2021). Revenue: NT$102.1m (up 67% from 3Q 2021). Net income: NT$405.0k (up NT$36.7m from 3Q 2021). Profit margin: 0.4% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$11.50, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 15x in the Software industry in Taiwan. Total loss to shareholders of 33% over the past three years.Reported Earnings • Aug 19Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$1.14 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (up from NT$1.14 loss in 2Q 2021). Revenue: NT$91.0m (up 30% from 2Q 2021). Net income: NT$609.0k (up NT$47.1m from 2Q 2021). Profit margin: 0.7% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 04Full year 2021 earnings released: NT$0.71 loss per share (vs NT$5.00 loss in FY 2020)Full year 2021 results: NT$0.71 loss per share (up from NT$5.00 loss in FY 2020). Revenue: NT$351.5m (down 14% from FY 2020). Net loss: NT$28.9m (loss narrowed 86% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 18Third quarter 2021 earnings released: NT$0.89 loss per share (vs NT$1.26 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: NT$61.1m (down 42% from 3Q 2020). Net loss: NT$36.3m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 22Second quarter 2021 earnings released: NT$1.13 loss per share (vs NT$1.40 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: NT$70.3m (down 3.2% from 2Q 2020). Net loss: NT$46.5m (loss narrowed 19% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • May 17First quarter 2021 earnings released: NT$0.31 loss per share (vs NT$1.18 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$110.6m (up 48% from 1Q 2020). Net loss: NT$12.5m (loss narrowed 74% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.分析記事 • Apr 19We Think Papago (GTSM:3632) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 01Full year 2020 earnings released: NT$5.00 loss per share (vs NT$4.16 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$407.7m (down 35% from FY 2019). Net loss: NT$204.3m (loss widened 20% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 19New 90-day low: NT$9.96The company is down 13% from its price of NT$11.50 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 1.0% over the same period.分析記事 • Jan 04Here's Why Papago (GTSM:3632) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 17Third quarter 2020 earnings released: NT$1.26 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$105.0m (down 42% from 3Q 2019). Net loss: NT$51.7m (loss widened 46% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 12New 90-day low: NT$10.80The company is down 34% from its price of NT$16.27 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period.Is New 90 Day High Low • Oct 05New 90-day low: NT$8.07The company is down 23% from its price of NT$10.45 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$8.51The company is down 13% from its price of NT$9.73 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 6.0% over the same period.決済の安定と成長配当データの取得安定した配当: 3632の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 3632の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Papago 配当利回り対市場3632 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 (3632)0%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 (3632) (最長3年)n/a注目すべき配当: 3632は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 3632は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 3632 TW市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 3632が配当金を報告していないため、配当金の持続可能性を計算できません。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 08:39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Papago 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。0
Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.38 loss per share (vs NT$0.29 loss in FY 2024)Full year 2025 results: NT$0.38 loss per share (further deteriorated from NT$0.29 loss in FY 2024). Revenue: NT$264.9m (down 29% from FY 2024). Net loss: NT$15.6m (loss widened 30% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 13Papago Inc., Annual General Meeting, Jun 12, 2026Papago Inc., Annual General Meeting, Jun 12, 2026. Location: 2 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Reported Earnings • Nov 16Third quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.04 profit in 3Q 2024)Third quarter 2025 results: NT$0.16 loss per share (down from NT$0.04 profit in 3Q 2024). Revenue: NT$59.6m (down 40% from 3Q 2024). Net loss: NT$6.58m (down 498% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 2Q 2024). Revenue: NT$60.4m (down 37% from 2Q 2024). Net loss: NT$7.87m (loss widened 68% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.021 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$0.021 profit in 1Q 2024). Revenue: NT$64.0m (down 29% from 1Q 2024). Net loss: NT$3.23m (down 472% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 27Full year 2024 earnings released: NT$0.29 loss per share (vs NT$0.11 profit in FY 2023)Full year 2024 results: NT$0.29 loss per share (down from NT$0.11 profit in FY 2023). Revenue: NT$371.6m (down 5.5% from FY 2023). Net loss: NT$12.0m (down 371% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Mar 13Papago Inc., Annual General Meeting, Jun 16, 2025Papago Inc., Annual General Meeting, Jun 16, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$99.6m (up 11% from 3Q 2023). Net income: NT$2.42m (up 168% from 3Q 2023). Profit margin: 2.4% (up from 1.0% in 3Q 2023).
Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.042 profit in 2Q 2023)Second quarter 2024 results: NT$0.11 loss per share (down from NT$0.042 profit in 2Q 2023). Revenue: NT$95.8m (down 3.0% from 2Q 2023). Net loss: NT$4.70m (down 376% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.025 in 1Q 2023)First quarter 2024 results: EPS: NT$0.02 (down from NT$0.025 in 1Q 2023). Revenue: NT$90.1m (down 4.7% from 1Q 2023). Net income: NT$867.0k (down 14% from 1Q 2023). Profit margin: 1.0% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$554.1m market cap, or US$17.3m).
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: NT$0.11 (vs NT$0.07 in FY 2022)Full year 2023 results: EPS: NT$0.11 (up from NT$0.07 in FY 2022). Revenue: NT$393.4m (up 3.8% from FY 2022). Net income: NT$4.43m (up 54% from FY 2022). Profit margin: 1.1% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 22Papago Inc., Annual General Meeting, Jun 26, 2024Papago Inc., Annual General Meeting, Jun 26, 2024.
New Risk • Dec 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (NT$574.5m market cap, or US$18.3m).
New Risk • Aug 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$560.2m market cap, or US$17.6m).
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$615.4m market cap, or US$19.2m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.015 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (up from NT$0.015 in 2Q 2022). Revenue: NT$98.8m (up 8.5% from 2Q 2022). Net income: NT$1.70m (up 179% from 2Q 2022). Profit margin: 1.7% (up from 0.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
New Risk • Jul 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 242% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$629.7m market cap, or US$20.1m).
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.89 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.01 (up from NT$0.89 loss in 3Q 2021). Revenue: NT$102.1m (up 67% from 3Q 2021). Net income: NT$405.0k (up NT$36.7m from 3Q 2021). Profit margin: 0.4% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$11.50, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 15x in the Software industry in Taiwan. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Aug 19Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$1.14 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.01 (up from NT$1.14 loss in 2Q 2021). Revenue: NT$91.0m (up 30% from 2Q 2021). Net income: NT$609.0k (up NT$47.1m from 2Q 2021). Profit margin: 0.7% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 04Full year 2021 earnings released: NT$0.71 loss per share (vs NT$5.00 loss in FY 2020)Full year 2021 results: NT$0.71 loss per share (up from NT$5.00 loss in FY 2020). Revenue: NT$351.5m (down 14% from FY 2020). Net loss: NT$28.9m (loss narrowed 86% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 18Third quarter 2021 earnings released: NT$0.89 loss per share (vs NT$1.26 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: NT$61.1m (down 42% from 3Q 2020). Net loss: NT$36.3m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 22Second quarter 2021 earnings released: NT$1.13 loss per share (vs NT$1.40 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: NT$70.3m (down 3.2% from 2Q 2020). Net loss: NT$46.5m (loss narrowed 19% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 17First quarter 2021 earnings released: NT$0.31 loss per share (vs NT$1.18 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$110.6m (up 48% from 1Q 2020). Net loss: NT$12.5m (loss narrowed 74% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 19We Think Papago (GTSM:3632) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 01Full year 2020 earnings released: NT$5.00 loss per share (vs NT$4.16 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$407.7m (down 35% from FY 2019). Net loss: NT$204.3m (loss widened 20% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 19New 90-day low: NT$9.96The company is down 13% from its price of NT$11.50 on 22 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 1.0% over the same period.
分析記事 • Jan 04Here's Why Papago (GTSM:3632) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 17Third quarter 2020 earnings released: NT$1.26 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$105.0m (down 42% from 3Q 2019). Net loss: NT$51.7m (loss widened 46% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 12New 90-day low: NT$10.80The company is down 34% from its price of NT$16.27 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Oct 05New 90-day low: NT$8.07The company is down 23% from its price of NT$10.45 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$8.51The company is down 13% from its price of NT$9.73 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 6.0% over the same period.