View Future GrowthM-POWER INFORMATION 過去の業績過去 基準チェック /16M-POWER INFORMATIONは、平均年間3.6%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間9.9% 7.4%収益成長率で 成長しています。 M-POWER INFORMATIONの自己資本利益率は17.1%であり、純利益率は4.9%です。主要情報3.64%収益成長率-4.47%EPS成長率IT 業界の成長17.18%収益成長率7.40%株主資本利益率17.08%ネット・マージン4.86%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$946.0m (up 82% from 1Q 2025). Net income: NT$41.9m (up 76% from 1Q 2025). Profit margin: 4.4% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.16 (vs NT$4.46 in FY 2024)Full year 2025 results: EPS: NT$3.16 (down from NT$4.46 in FY 2024). Revenue: NT$1.37b (down 23% from FY 2024). Net income: NT$69.1m (down 30% from FY 2024). Profit margin: 5.0% (down from 5.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.32 (down from NT$0.77 in 3Q 2024). Revenue: NT$219.6m (down 26% from 3Q 2024). Net income: NT$6.87m (down 59% from 3Q 2024). Profit margin: 3.1% (down from 5.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.17 in 2Q 2024). Revenue: NT$370.1m (down 34% from 2Q 2024). Net income: NT$20.8m (down 19% from 2Q 2024). Profit margin: 5.6% (up from 4.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (down from NT$1.40 in 1Q 2024). Revenue: NT$520.9m (down 25% from 1Q 2024). Net income: NT$23.9m (down 23% from 1Q 2024). Profit margin: 4.6% (up from 4.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$4.46 (vs NT$4.07 in FY 2023)Full year 2024 results: EPS: NT$4.46 (up from NT$4.07 in FY 2023). Revenue: NT$1.77b (up 11% from FY 2023). Net income: NT$98.2m (up 9.8% from FY 2023). Profit margin: 5.5% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$946.0m (up 82% from 1Q 2025). Net income: NT$41.9m (up 76% from 1Q 2025). Profit margin: 4.4% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$88.80, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 27% over the past three years.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.16 (vs NT$4.46 in FY 2024)Full year 2025 results: EPS: NT$3.16 (down from NT$4.46 in FY 2024). Revenue: NT$1.37b (down 23% from FY 2024). Net income: NT$69.1m (down 30% from FY 2024). Profit margin: 5.0% (down from 5.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.お知らせ • Mar 03M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2026M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2026. Location: 13 floor no,16, sec.4 nan ching e. rd., songshan district, taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.32 (down from NT$0.77 in 3Q 2024). Revenue: NT$219.6m (down 26% from 3Q 2024). Net income: NT$6.87m (down 59% from 3Q 2024). Profit margin: 3.1% (down from 5.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.17 in 2Q 2024). Revenue: NT$370.1m (down 34% from 2Q 2024). Net income: NT$20.8m (down 19% from 2Q 2024). Profit margin: 5.6% (up from 4.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 31Upcoming dividend of NT$4.04 per shareEligible shareholders must have bought the stock before 07 August 2025. Payment date: 29 August 2025. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.9%).Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (down from NT$1.40 in 1Q 2024). Revenue: NT$520.9m (down 25% from 1Q 2024). Net income: NT$23.9m (down 23% from 1Q 2024). Profit margin: 4.6% (up from 4.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$76.80, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 44% over the past three years.New Risk • Mar 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$2.07b market cap, or US$63.0m).Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$4.46 (vs NT$4.07 in FY 2023)Full year 2024 results: EPS: NT$4.46 (up from NT$4.07 in FY 2023). Revenue: NT$1.77b (up 11% from FY 2023). Net income: NT$98.2m (up 9.8% from FY 2023). Profit margin: 5.5% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Feb 26M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2025M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2025. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.28b market cap, or US$69.2m).Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.65 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.65 in 3Q 2023). Revenue: NT$296.9m (up 26% from 3Q 2023). Net income: NT$16.9m (up 19% from 3Q 2023). Profit margin: 5.7% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses.Upcoming Dividend • Aug 28Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 27 September 2024. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (4.1%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.17 (vs NT$1.08 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.17 (up from NT$1.08 in 2Q 2023). Revenue: NT$562.8m (up 13% from 2Q 2023). Net income: NT$25.7m (up 8.1% from 2Q 2023). Profit margin: 4.6% (down from 4.8% in 2Q 2023). The decrease in margin was driven by higher expenses.Declared Dividend • Aug 11Dividend of NT$3.80 announcedDividend of NT$3.80 is the same as last year. Ex-date: 4th September 2024 Payment date: 27th September 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (93% 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 81% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 16% EPS growth achieved over the last 5 years.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$123, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 23x in the IT industry in Taiwan. Total loss to shareholders of 6.0% over the past year.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.40 (vs NT$1.40 in 1Q 2023)First quarter 2024 results: EPS: NT$1.40 (up from NT$1.40 in 1Q 2023). Revenue: NT$691.9m (up 21% from 1Q 2023). Net income: NT$30.8m (flat on 1Q 2023). Profit margin: 4.5% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Mar 14M-POWER INFORMATION Co., LTD., Annual General Meeting, May 30, 2024M-POWER INFORMATION Co., LTD., Annual General Meeting, May 30, 2024.Reported Earnings • Mar 06Full year 2023 earnings released: EPS: NT$4.07 (vs NT$4.81 in FY 2022)Full year 2023 results: EPS: NT$4.07 (down from NT$4.81 in FY 2022). Revenue: NT$1.60b (up 8.3% from FY 2022). Net income: NT$89.4m (down 2.3% from FY 2022). Profit margin: 5.6% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses.Upcoming Dividend • Aug 30Upcoming dividend of NT$3.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 28 September 2023. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (2.7%).New Risk • Jul 06New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.8% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (118% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$3.01b market cap, or US$96.1m).New Risk • Jun 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.07b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (118% accrual ratio). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$3.07b market cap, or US$98.9m).収支内訳M-POWER INFORMATION の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:6874 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 261,796871132531 Dec 251,370691062530 Sep 251,332761002230 Jun 251,41086972331 Mar 251,60291962331 Dec 241,77398972330 Sep 241,845941012530 Jun 241,784911012331 Mar 241,720901002231 Dec 231,59989952030 Sep 231,517104881930 Jun 231,456102881931 Mar 231,45997841831 Dec 221,47792851730 Sep 221,43177931630 Jun 221,47880901431 Mar 221,42480851331 Dec 211,16579821230 Sep 211,15871701430 Jun 211,09470691531 Mar 2184956661331 Dec 2072240601231 Dec 19540305910質の高い収益: 6874 非現金収入 のレベルが高いです。利益率の向上: 6874の現在の純利益率 (4.9%)は、昨年(5.7%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6874の収益は過去 5 年間で年間3.6%増加しました。成長の加速: 6874は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 6874は過去 1 年間で収益成長率がマイナス ( -4.4% ) となったため、 IT業界平均 ( 11.9% ) と比較することが困難です。株主資本利益率高いROE: 6874の 自己資本利益率 ( 17.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/21 18:09終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋M-POWER INFORMATION Co., LTD. 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 • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$946.0m (up 82% from 1Q 2025). Net income: NT$41.9m (up 76% from 1Q 2025). Profit margin: 4.4% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.16 (vs NT$4.46 in FY 2024)Full year 2025 results: EPS: NT$3.16 (down from NT$4.46 in FY 2024). Revenue: NT$1.37b (down 23% from FY 2024). Net income: NT$69.1m (down 30% from FY 2024). Profit margin: 5.0% (down from 5.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.32 (down from NT$0.77 in 3Q 2024). Revenue: NT$219.6m (down 26% from 3Q 2024). Net income: NT$6.87m (down 59% from 3Q 2024). Profit margin: 3.1% (down from 5.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.17 in 2Q 2024). Revenue: NT$370.1m (down 34% from 2Q 2024). Net income: NT$20.8m (down 19% from 2Q 2024). Profit margin: 5.6% (up from 4.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (down from NT$1.40 in 1Q 2024). Revenue: NT$520.9m (down 25% from 1Q 2024). Net income: NT$23.9m (down 23% from 1Q 2024). Profit margin: 4.6% (up from 4.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$4.46 (vs NT$4.07 in FY 2023)Full year 2024 results: EPS: NT$4.46 (up from NT$4.07 in FY 2023). Revenue: NT$1.77b (up 11% from FY 2023). Net income: NT$98.2m (up 9.8% from FY 2023). Profit margin: 5.5% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.08 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$946.0m (up 82% from 1Q 2025). Net income: NT$41.9m (up 76% from 1Q 2025). Profit margin: 4.4% (down from 4.6% in 1Q 2025). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$88.80, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 27% over the past three years.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$3.16 (vs NT$4.46 in FY 2024)Full year 2025 results: EPS: NT$3.16 (down from NT$4.46 in FY 2024). Revenue: NT$1.37b (down 23% from FY 2024). Net income: NT$69.1m (down 30% from FY 2024). Profit margin: 5.0% (down from 5.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • Mar 03M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2026M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2026. Location: 13 floor no,16, sec.4 nan ching e. rd., songshan district, taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.32 (down from NT$0.77 in 3Q 2024). Revenue: NT$219.6m (down 26% from 3Q 2024). Net income: NT$6.87m (down 59% from 3Q 2024). Profit margin: 3.1% (down from 5.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.95 (vs NT$1.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.95 (down from NT$1.17 in 2Q 2024). Revenue: NT$370.1m (down 34% from 2Q 2024). Net income: NT$20.8m (down 19% from 2Q 2024). Profit margin: 5.6% (up from 4.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 31Upcoming dividend of NT$4.04 per shareEligible shareholders must have bought the stock before 07 August 2025. Payment date: 29 August 2025. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.9%).
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.08 (down from NT$1.40 in 1Q 2024). Revenue: NT$520.9m (down 25% from 1Q 2024). Net income: NT$23.9m (down 23% from 1Q 2024). Profit margin: 4.6% (up from 4.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$76.80, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 44% over the past three years.
New Risk • Mar 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$2.07b market cap, or US$63.0m).
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$4.46 (vs NT$4.07 in FY 2023)Full year 2024 results: EPS: NT$4.46 (up from NT$4.07 in FY 2023). Revenue: NT$1.77b (up 11% from FY 2023). Net income: NT$98.2m (up 9.8% from FY 2023). Profit margin: 5.5% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Feb 26M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2025M-POWER INFORMATION Co., LTD., Annual General Meeting, May 27, 2025. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.28b market cap, or US$69.2m).
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.65 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.65 in 3Q 2023). Revenue: NT$296.9m (up 26% from 3Q 2023). Net income: NT$16.9m (up 19% from 3Q 2023). Profit margin: 5.7% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Aug 28Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 27 September 2024. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (4.1%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.17 (vs NT$1.08 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.17 (up from NT$1.08 in 2Q 2023). Revenue: NT$562.8m (up 13% from 2Q 2023). Net income: NT$25.7m (up 8.1% from 2Q 2023). Profit margin: 4.6% (down from 4.8% in 2Q 2023). The decrease in margin was driven by higher expenses.
Declared Dividend • Aug 11Dividend of NT$3.80 announcedDividend of NT$3.80 is the same as last year. Ex-date: 4th September 2024 Payment date: 27th September 2024 Dividend yield will be 3.9%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (93% 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 81% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control, which is less than the 16% EPS growth achieved over the last 5 years.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$123, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 23x in the IT industry in Taiwan. Total loss to shareholders of 6.0% over the past year.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.40 (vs NT$1.40 in 1Q 2023)First quarter 2024 results: EPS: NT$1.40 (up from NT$1.40 in 1Q 2023). Revenue: NT$691.9m (up 21% from 1Q 2023). Net income: NT$30.8m (flat on 1Q 2023). Profit margin: 4.5% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Mar 14M-POWER INFORMATION Co., LTD., Annual General Meeting, May 30, 2024M-POWER INFORMATION Co., LTD., Annual General Meeting, May 30, 2024.
Reported Earnings • Mar 06Full year 2023 earnings released: EPS: NT$4.07 (vs NT$4.81 in FY 2022)Full year 2023 results: EPS: NT$4.07 (down from NT$4.81 in FY 2022). Revenue: NT$1.60b (up 8.3% from FY 2022). Net income: NT$89.4m (down 2.3% from FY 2022). Profit margin: 5.6% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Aug 30Upcoming dividend of NT$3.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 28 September 2023. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (2.7%).
New Risk • Jul 06New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.8% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (118% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$3.01b market cap, or US$96.1m).
New Risk • Jun 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.07b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (118% accrual ratio). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$3.07b market cap, or US$98.9m).