View Financial HealthAzion 配当と自社株買い配当金 基準チェック /26Azion配当を支払う会社であり、現在の利回りは3.89%です。主要情報3.9%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10.0%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90%最近の配当と自社株買いの更新Declared Dividend • Mar 14Dividend reduced to NT$1.23Dividend of NT$1.23 is 11% lower than last year. Ex-date: 1st April 2026 Payment date: 4th May 2026 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 1.6% over the last 5 years so the company would need to reverse this trend.Upcoming Dividend • Mar 28Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.5%).Declared Dividend • Mar 14Dividend increased to NT$1.38Dividend of NT$1.38 is 15% higher than last year. Ex-date: 1st April 2025 Payment date: 5th May 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 13+ 1 more updateAzion Corporation announces Annual dividend, payable on May 05, 2025Azion Corporation announced Annual dividend of TWD 1.3800 per share payable on May 05, 2025, ex-date on April 01, 2025 and record date on April 06, 2025.Upcoming Dividend • Mar 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (3.6%).Upcoming Dividend • Mar 31Upcoming dividend of NT$0.75 per share at 3.7% yieldEligible shareholders must have bought the stock before 07 April 2023. Payment date: 08 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.7%).すべての更新を表示Recent updatesReported Earnings • Mar 15Full year 2025 earnings released: EPS: NT$1.36 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$1.36 (down from NT$1.54 in FY 2024). Revenue: NT$903.9m (up 20% from FY 2024). Net income: NT$63.5m (down 12% from FY 2024). Profit margin: 7.0% (down from 9.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Mar 14Dividend reduced to NT$1.23Dividend of NT$1.23 is 11% lower than last year. Ex-date: 1st April 2026 Payment date: 4th May 2026 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 1.6% over the last 5 years so the company would need to reverse this trend.お知らせ • Mar 13+ 1 more updateAzion Corporation, Annual General Meeting, Jun 24, 2026Azion Corporation, Annual General Meeting, Jun 24, 2026. Location: 5 floor no,30, pei p`ing e. rd., jhongjheng district, taipei city TaiwanValuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$37.20, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 17x in the IT industry in Taiwan. Total returns to shareholders of 163% over the past three years.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.62 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.27 (down from NT$0.62 in 3Q 2024). Revenue: NT$224.8m (flat on 3Q 2024). Net income: NT$12.3m (down 57% from 3Q 2024). Profit margin: 5.5% (down from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Oct 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Ho Hung-Jung was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 21High number of new directorsIndependent Director Wei-Wei Lin was the last director to join the board, commencing their role in 2025.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$59.40, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 395% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.28 (down from NT$0.33 in 2Q 2024). Revenue: NT$187.5m (up 42% from 2Q 2024). Net income: NT$13.2m (down 14% from 2Q 2024). Profit margin: 7.0% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$59.20, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 372% over the past three years.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.17 (vs NT$0.26 in 1Q 2024)First quarter 2025 results: EPS: NT$0.17 (down from NT$0.26 in 1Q 2024). Revenue: NT$170.7m (down 1.4% from 1Q 2024). Net income: NT$7.98m (down 33% from 1Q 2024). Profit margin: 4.7% (down from 6.9% in 1Q 2024). 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 73% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$73.10, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 496% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$54.00, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 343% over the past three years.Upcoming Dividend • Mar 28Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.5%).Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 239% over the past three years.Declared Dividend • Mar 14Dividend increased to NT$1.38Dividend of NT$1.38 is 15% higher than last year. Ex-date: 1st April 2025 Payment date: 5th May 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 13+ 1 more updateAzion Corporation announces Annual dividend, payable on May 05, 2025Azion Corporation announced Annual dividend of TWD 1.3800 per share payable on May 05, 2025, ex-date on April 01, 2025 and record date on April 06, 2025.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$35.45, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 197% over the past three years.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$30.55, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 137% over the past three years.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$29.65, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 131% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.39 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.61 (up from NT$0.39 in 3Q 2023). Revenue: NT$225.7m (up 31% from 3Q 2023). Net income: NT$28.7m (up 59% from 3Q 2023). Profit margin: 13% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year.New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (7.7% average weekly change). Market cap is less than US$100m (NT$1.41b market cap, or US$44.1m).Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$27.35, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 133% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (down from NT$0.77 in 2Q 2023). Revenue: NT$132.5m (down 60% from 2Q 2023). Net income: NT$15.3m (down 57% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$21.15, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.26 (up from NT$0.12 in 1Q 2023). Revenue: NT$173.2m (up 8.2% from 1Q 2023). Net income: NT$12.0m (up 127% from 1Q 2023). Profit margin: 6.9% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 12Azion Corporation, Annual General Meeting, Jun 27, 2024Azion Corporation, Annual General Meeting, Jun 27, 2024.Reported Earnings • Mar 31Full year 2023 earnings released: EPS: NT$1.64 (vs NT$0.83 in FY 2022)Full year 2023 results: EPS: NT$1.64 (up from NT$0.83 in FY 2022). Revenue: NT$885.0m (up 75% from FY 2022). Net income: NT$76.0m (up 101% from FY 2022). Profit margin: 8.6% (up from 7.5% 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 19% per year whereas the company’s share price has increased by 22% per year.Upcoming Dividend • Mar 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 173% over the past three years.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.39 (vs NT$0.078 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.39 (up from NT$0.078 in 3Q 2022). Revenue: NT$172.0m (up 64% from 3Q 2022). Net income: NT$18.1m (up 404% from 3Q 2022). Profit margin: 11% (up from 3.4% 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 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$35.55, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 148% over the past three years.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.76 (vs NT$0.11 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.76 (up from NT$0.11 in 2Q 2022). Revenue: NT$327.5m (up 231% from 2Q 2022). Net income: NT$35.3m (up NT$30.4m from 2Q 2022). Profit margin: 11% (up from 4.9% 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 6% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$44.75, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 24x in the IT industry in Taiwan. Total returns to shareholders of 411% over the past three years.New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (6.7% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$1.90b market cap, or US$60.7m).Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$39.00, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 355% over the past three years.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.20, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 397% over the past three years.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$33.35, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 303% over the past three years.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$24.55, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 226% over the past three years.Upcoming Dividend • Mar 31Upcoming dividend of NT$0.75 per share at 3.7% yieldEligible shareholders must have bought the stock before 07 April 2023. Payment date: 08 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.7%).Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$18.65, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 195% over the past three years.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.20, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 16x in the IT industry in Taiwan. Total returns to shareholders of 89% over the past three years.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shen-Te Feng was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.08 (vs NT$0.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.08 (down from NT$0.54 in 3Q 2021). Revenue: NT$105.1m (down 33% from 3Q 2021). Net income: NT$3.58m (down 85% from 3Q 2021). Profit margin: 3.4% (down from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$13.00, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 13x in the IT industry in Taiwan. Total returns to shareholders of 33% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.21 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.11 (up from NT$0.21 loss in 2Q 2021). Revenue: NT$99.1m (up 66% from 2Q 2021). Net income: NT$4.90m (up NT$14.5m from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.016 in 1Q 2021)First quarter 2022 results: EPS: NT$0.12 (up from NT$0.016 in 1Q 2021). Revenue: NT$100.4m (down 42% from 1Q 2021). Net income: NT$5.47m (up NT$4.74m from 1Q 2021). Profit margin: 5.4% (up from 0.4% in 1Q 2021). The increase in margin was driven by lower expenses. 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 5% per year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 02Azion Corporation, Annual General Meeting, Jun 28, 2022Azion Corporation, Annual General Meeting, Jun 28, 2022.Upcoming Dividend • Mar 31Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.46 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$157.5m (down 45% from 3Q 2020). Net income: NT$24.5m (up 19% from 3Q 2020). Profit margin: 16% (up from 7.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.21 loss per share (vs NT$0.33 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$59.8m (down 66% from 2Q 2020). Net loss: NT$9.60m (down 165% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.11 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$172.3m (up 8.1% from 1Q 2020). Net income: NT$727.0k (down 85% from 1Q 2020). Profit margin: 0.4% (down from 3.1% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.20, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 14x in the IT industry in Taiwan. Total returns to shareholders of 182% over the past three years.分析記事 • Apr 22There's Been No Shortage Of Growth Recently For Azion's (GTSM:6148) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Upcoming Dividend • Mar 30Upcoming dividend of NT$0.81 per shareEligible shareholders must have bought the stock before 06 April 2021. Payment date: 10 May 2021. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (3.8%).Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.11 (vs NT$0.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$738.0m (up 4.4% from FY 2019). Net income: NT$49.8m (up 82% from FY 2019). Profit margin: 6.7% (up from 3.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.分析記事 • Mar 22Is Azion (GTSM:6148) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$17.45, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 278% over the past three years.分析記事 • Mar 02Azion Corporation (GTSM:6148) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Azion (GTSM:6148) has had a great run on the share market with its stock up by a significant 15% over the last month...分析記事 • Feb 08Should Azion Corporation (GTSM:6148) Be Part Of Your Dividend Portfolio?Is Azion Corporation ( GTSM:6148 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Feb 01New 90-day low: NT$13.10The company is down 29% from its price of NT$18.55 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period.分析記事 • Jan 18How Well Is Azion (GTSM:6148) Allocating Its Capital?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Is New 90 Day High Low • Jan 12New 90-day low: NT$14.20The company is down 20% from its price of NT$17.80 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.分析記事 • Dec 21We Think Azion (GTSM:6148) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Nov 30Azion Corporation's (GTSM:6148) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Azion (GTSM:6148) has had a great run on the share market with its stock up by a significant 42% over the last three...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.46The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$287.3m (up 114% from 3Q 2019). Net income: NT$20.7m (up 171% from 3Q 2019). Profit margin: 7.2% (up from 5.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 12Market pulls back on stock over the past weekAfter last week's 18% share price decline to NT$15.25, the stock is trading at a trailing P/E ratio of 17.8x, down from the previous P/E ratio of 21.6x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 352%.Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 17% share price decline to NT$16.75, the stock is trading at a trailing P/E ratio of 19.5x, down from the previous P/E ratio of 23.4x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 359%.Valuation Update With 7 Day Price Move • Oct 23Market bids up stock over the past weekAfter last week's 23% share price gain to NT$20.60, the stock is trading at a trailing P/E ratio of 24x, up from the previous P/E ratio of 19.5x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 456%.Valuation Update With 7 Day Price Move • Oct 21Market bids up stock over the past weekAfter last week's 22% share price gain to NT$20.20, the stock is trading at a trailing P/E ratio of 23.6x, up from the previous P/E ratio of 19.4x. This compares to an average P/E of 14x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 454%.Is New 90 Day High Low • Oct 21New 90-day high: NT$20.20The company is up 94% from its price of NT$10.40 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 24% share price gain to NT$16.60, the stock is trading at a trailing P/E ratio of 19.4x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 14x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 348%.Is New 90 Day High Low • Sep 21New 90-day high: NT$17.95The company is up 78% from its price of NT$10.10 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% 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: 6148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: 6148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Azion 配当利回り対市場6148 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 (6148)3.9%市場下位25% (TW)1.5%市場トップ25% (TW)5.0%業界平均 (IT)4.4%アナリスト予想 (6148) (最長3年)n/a注目すべき配当: 6148の配当金 ( 3.89% ) 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: 6148の配当金 ( 3.89% ) はTW市場の配当金支払者の上位 25% ( 5% ) と比較すると低いです。株主への利益配当収益カバレッジ: 6148は高い 配当性向 ( 90.3% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: 6148は高い 現金配当性向 ( 223.1% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。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2026/05/09 03:04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Azion Corporation 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
Declared Dividend • Mar 14Dividend reduced to NT$1.23Dividend of NT$1.23 is 11% lower than last year. Ex-date: 1st April 2026 Payment date: 4th May 2026 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 1.6% over the last 5 years so the company would need to reverse this trend.
Upcoming Dividend • Mar 28Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.5%).
Declared Dividend • Mar 14Dividend increased to NT$1.38Dividend of NT$1.38 is 15% higher than last year. Ex-date: 1st April 2025 Payment date: 5th May 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 13+ 1 more updateAzion Corporation announces Annual dividend, payable on May 05, 2025Azion Corporation announced Annual dividend of TWD 1.3800 per share payable on May 05, 2025, ex-date on April 01, 2025 and record date on April 06, 2025.
Upcoming Dividend • Mar 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (3.6%).
Upcoming Dividend • Mar 31Upcoming dividend of NT$0.75 per share at 3.7% yieldEligible shareholders must have bought the stock before 07 April 2023. Payment date: 08 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.7%).
Reported Earnings • Mar 15Full year 2025 earnings released: EPS: NT$1.36 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$1.36 (down from NT$1.54 in FY 2024). Revenue: NT$903.9m (up 20% from FY 2024). Net income: NT$63.5m (down 12% from FY 2024). Profit margin: 7.0% (down from 9.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Mar 14Dividend reduced to NT$1.23Dividend of NT$1.23 is 11% lower than last year. Ex-date: 1st April 2026 Payment date: 4th May 2026 Dividend yield will be 3.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 1.6% over the last 5 years so the company would need to reverse this trend.
お知らせ • Mar 13+ 1 more updateAzion Corporation, Annual General Meeting, Jun 24, 2026Azion Corporation, Annual General Meeting, Jun 24, 2026. Location: 5 floor no,30, pei p`ing e. rd., jhongjheng district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$37.20, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 17x in the IT industry in Taiwan. Total returns to shareholders of 163% over the past three years.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.62 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.27 (down from NT$0.62 in 3Q 2024). Revenue: NT$224.8m (flat on 3Q 2024). Net income: NT$12.3m (down 57% from 3Q 2024). Profit margin: 5.5% (down from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Oct 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Ho Hung-Jung was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 21High number of new directorsIndependent Director Wei-Wei Lin was the last director to join the board, commencing their role in 2025.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$59.40, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 395% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.28 (down from NT$0.33 in 2Q 2024). Revenue: NT$187.5m (up 42% from 2Q 2024). Net income: NT$13.2m (down 14% from 2Q 2024). Profit margin: 7.0% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$59.20, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 372% over the past three years.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.17 (vs NT$0.26 in 1Q 2024)First quarter 2025 results: EPS: NT$0.17 (down from NT$0.26 in 1Q 2024). Revenue: NT$170.7m (down 1.4% from 1Q 2024). Net income: NT$7.98m (down 33% from 1Q 2024). Profit margin: 4.7% (down from 6.9% in 1Q 2024). 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 73% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$73.10, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 496% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$54.00, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 343% over the past three years.
Upcoming Dividend • Mar 28Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.5%).
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 239% over the past three years.
Declared Dividend • Mar 14Dividend increased to NT$1.38Dividend of NT$1.38 is 15% higher than last year. Ex-date: 1st April 2025 Payment date: 5th May 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 13+ 1 more updateAzion Corporation announces Annual dividend, payable on May 05, 2025Azion Corporation announced Annual dividend of TWD 1.3800 per share payable on May 05, 2025, ex-date on April 01, 2025 and record date on April 06, 2025.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$35.45, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 197% over the past three years.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$30.55, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 137% over the past three years.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$29.65, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 131% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.39 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.61 (up from NT$0.39 in 3Q 2023). Revenue: NT$225.7m (up 31% from 3Q 2023). Net income: NT$28.7m (up 59% from 3Q 2023). Profit margin: 13% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year.
New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (7.7% average weekly change). Market cap is less than US$100m (NT$1.41b market cap, or US$44.1m).
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$27.35, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (down from NT$0.77 in 2Q 2023). Revenue: NT$132.5m (down 60% from 2Q 2023). Net income: NT$15.3m (down 57% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$21.15, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.26 (up from NT$0.12 in 1Q 2023). Revenue: NT$173.2m (up 8.2% from 1Q 2023). Net income: NT$12.0m (up 127% from 1Q 2023). Profit margin: 6.9% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 12Azion Corporation, Annual General Meeting, Jun 27, 2024Azion Corporation, Annual General Meeting, Jun 27, 2024.
Reported Earnings • Mar 31Full year 2023 earnings released: EPS: NT$1.64 (vs NT$0.83 in FY 2022)Full year 2023 results: EPS: NT$1.64 (up from NT$0.83 in FY 2022). Revenue: NT$885.0m (up 75% from FY 2022). Net income: NT$76.0m (up 101% from FY 2022). Profit margin: 8.6% (up from 7.5% 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 19% per year whereas the company’s share price has increased by 22% per year.
Upcoming Dividend • Mar 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 173% over the past three years.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.39 (vs NT$0.078 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.39 (up from NT$0.078 in 3Q 2022). Revenue: NT$172.0m (up 64% from 3Q 2022). Net income: NT$18.1m (up 404% from 3Q 2022). Profit margin: 11% (up from 3.4% 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 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$35.55, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 148% over the past three years.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.76 (vs NT$0.11 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.76 (up from NT$0.11 in 2Q 2022). Revenue: NT$327.5m (up 231% from 2Q 2022). Net income: NT$35.3m (up NT$30.4m from 2Q 2022). Profit margin: 11% (up from 4.9% 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 6% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$44.75, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 24x in the IT industry in Taiwan. Total returns to shareholders of 411% over the past three years.
New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (6.7% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$1.90b market cap, or US$60.7m).
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$39.00, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 355% over the past three years.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.20, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 22x in the IT industry in Taiwan. Total returns to shareholders of 397% over the past three years.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$33.35, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 303% over the past three years.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$24.55, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 226% over the past three years.
Upcoming Dividend • Mar 31Upcoming dividend of NT$0.75 per share at 3.7% yieldEligible shareholders must have bought the stock before 07 April 2023. Payment date: 08 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.9%). Lower than average of industry peers (4.7%).
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$18.65, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 195% over the past three years.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.20, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 16x in the IT industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shen-Te Feng was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.08 (vs NT$0.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.08 (down from NT$0.54 in 3Q 2021). Revenue: NT$105.1m (down 33% from 3Q 2021). Net income: NT$3.58m (down 85% from 3Q 2021). Profit margin: 3.4% (down from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$13.00, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 13x in the IT industry in Taiwan. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.21 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.11 (up from NT$0.21 loss in 2Q 2021). Revenue: NT$99.1m (up 66% from 2Q 2021). Net income: NT$4.90m (up NT$14.5m from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.016 in 1Q 2021)First quarter 2022 results: EPS: NT$0.12 (up from NT$0.016 in 1Q 2021). Revenue: NT$100.4m (down 42% from 1Q 2021). Net income: NT$5.47m (up NT$4.74m from 1Q 2021). Profit margin: 5.4% (up from 0.4% in 1Q 2021). The increase in margin was driven by lower expenses. 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 5% per year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 02Azion Corporation, Annual General Meeting, Jun 28, 2022Azion Corporation, Annual General Meeting, Jun 28, 2022.
Upcoming Dividend • Mar 31Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.46 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$157.5m (down 45% from 3Q 2020). Net income: NT$24.5m (up 19% from 3Q 2020). Profit margin: 16% (up from 7.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.21 loss per share (vs NT$0.33 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$59.8m (down 66% from 2Q 2020). Net loss: NT$9.60m (down 165% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.11 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$172.3m (up 8.1% from 1Q 2020). Net income: NT$727.0k (down 85% from 1Q 2020). Profit margin: 0.4% (down from 3.1% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.20, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 14x in the IT industry in Taiwan. Total returns to shareholders of 182% over the past three years.
分析記事 • Apr 22There's Been No Shortage Of Growth Recently For Azion's (GTSM:6148) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Upcoming Dividend • Mar 30Upcoming dividend of NT$0.81 per shareEligible shareholders must have bought the stock before 06 April 2021. Payment date: 10 May 2021. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (3.8%).
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.11 (vs NT$0.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$738.0m (up 4.4% from FY 2019). Net income: NT$49.8m (up 82% from FY 2019). Profit margin: 6.7% (up from 3.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
分析記事 • Mar 22Is Azion (GTSM:6148) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$17.45, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 278% over the past three years.
分析記事 • Mar 02Azion Corporation (GTSM:6148) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Azion (GTSM:6148) has had a great run on the share market with its stock up by a significant 15% over the last month...
分析記事 • Feb 08Should Azion Corporation (GTSM:6148) Be Part Of Your Dividend Portfolio?Is Azion Corporation ( GTSM:6148 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Feb 01New 90-day low: NT$13.10The company is down 29% from its price of NT$18.55 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period.
分析記事 • Jan 18How Well Is Azion (GTSM:6148) Allocating Its Capital?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Is New 90 Day High Low • Jan 12New 90-day low: NT$14.20The company is down 20% from its price of NT$17.80 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period.
分析記事 • Dec 21We Think Azion (GTSM:6148) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Nov 30Azion Corporation's (GTSM:6148) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Azion (GTSM:6148) has had a great run on the share market with its stock up by a significant 42% over the last three...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.46The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$287.3m (up 114% from 3Q 2019). Net income: NT$20.7m (up 171% from 3Q 2019). Profit margin: 7.2% (up from 5.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 12Market pulls back on stock over the past weekAfter last week's 18% share price decline to NT$15.25, the stock is trading at a trailing P/E ratio of 17.8x, down from the previous P/E ratio of 21.6x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 352%.
Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 17% share price decline to NT$16.75, the stock is trading at a trailing P/E ratio of 19.5x, down from the previous P/E ratio of 23.4x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 359%.
Valuation Update With 7 Day Price Move • Oct 23Market bids up stock over the past weekAfter last week's 23% share price gain to NT$20.60, the stock is trading at a trailing P/E ratio of 24x, up from the previous P/E ratio of 19.5x. This compares to an average P/E of 15x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 456%.
Valuation Update With 7 Day Price Move • Oct 21Market bids up stock over the past weekAfter last week's 22% share price gain to NT$20.20, the stock is trading at a trailing P/E ratio of 23.6x, up from the previous P/E ratio of 19.4x. This compares to an average P/E of 14x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 454%.
Is New 90 Day High Low • Oct 21New 90-day high: NT$20.20The company is up 94% from its price of NT$10.40 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is flat over the same period.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 24% share price gain to NT$16.60, the stock is trading at a trailing P/E ratio of 19.4x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 14x in the IT industry in Taiwan. Total returns to shareholders over the past three years are 348%.
Is New 90 Day High Low • Sep 21New 90-day high: NT$17.95The company is up 78% from its price of NT$10.10 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.