View Past PerformanceSyscom Computer Engineering バランスシートの健全性財務の健全性 基準チェック /66Syscom Computer Engineeringの総株主資本はNT$2.0B 、総負債はNT$100.0Mで、負債比率は4.9%となります。総資産と総負債はそれぞれNT$4.5BとNT$2.4Bです。 Syscom Computer Engineeringの EBIT はNT$351.9Mで、利息カバレッジ比率-219.6です。現金および短期投資はNT$732.0Mです。主要情報4.88%負債資本比率NT$100.00m負債インタレスト・カバレッジ・レシオ-219.6x現金NT$731.98mエクイティNT$2.05b負債合計NT$2.44b総資産NT$4.49b財務の健全性に関する最新情報分析記事 • Apr 27Syscom Computer Engineering (TPE:2453) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Jan 27Syscom Computer Engineering (TPE:2453) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesDeclared Dividend • Jun 13Dividend increased to NT$2.80Dividend of NT$2.80 is 7.7% higher than last year. Ex-date: 9th July 2026 Payment date: 6th August 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.91 (vs NT$0.89 in 1Q 2025)First quarter 2026 results: EPS: NT$0.91 (up from NT$0.89 in 1Q 2025). Revenue: NT$1.58b (up 7.5% from 1Q 2025). Net income: NT$90.5m (up 1.8% from 1Q 2025). Profit margin: 5.7% (down from 6.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Mar 16Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2026Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,115, o mei st., taipei city TaiwanReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$3.12 (vs NT$3.06 in FY 2024)Full year 2025 results: EPS: NT$3.12 (up from NT$3.06 in FY 2024). Revenue: NT$7.43b (up 7.2% from FY 2024). Net income: NT$311.8m (up 1.8% from FY 2024). Profit margin: 4.2% (down from 4.4% 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 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.72 (vs NT$0.66 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.72 (up from NT$0.66 in 3Q 2024). Revenue: NT$1.85b (up 8.0% from 3Q 2024). Net income: NT$71.6m (up 8.1% from 3Q 2024). Profit margin: 3.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.57 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.06. Revenue: NT$1.71b (up 10% from 2Q 2024). Net income: NT$59.6m (up 4.6% from 2Q 2024). Profit margin: 3.5% (down from 3.7% in 2Q 2024). The decrease in margin was driven by higher expenses.Upcoming Dividend • Jul 03Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.8%).お知らせ • Jun 13Syscom Computer Engineering Co. Announces Appointments to Sustainable Development Committee, Effective Date: June 11, 2025Syscom Computer Engineering Co. approved the establishment of a sustainable development committee and nomination committee members Newly Appointed Members:Jui-Long Liu – Director and President of the company, Anthony Tseng – Chief Sustainability Officer and Vice President and Ta-Yu Deng – Principal Division Chief. Effective Date: June 11, 2025.Declared Dividend • Jun 13Dividend increased to NT$2.60Dividend of NT$2.60 is 8.3% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (229% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.89 (vs NT$0.86 in 1Q 2024)First quarter 2025 results: EPS: NT$0.89 (up from NT$0.86 in 1Q 2024). Revenue: NT$1.47b (up 5.3% from 1Q 2024). Net income: NT$88.9m (up 3.7% from 1Q 2024). Profit margin: 6.0% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01Syscom Computer Engineering Co. to Report Q1, 2025 Results on May 09, 2025Syscom Computer Engineering Co. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 170% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$56.10, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 126% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.10, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 24x in the IT industry in Taiwan. Total returns to shareholders of 209% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$3.06 (vs NT$2.78 in FY 2023)Full year 2024 results: EPS: NT$3.06 (up from NT$2.78 in FY 2023). Revenue: NT$6.93b (up 8.6% from FY 2023). Net income: NT$306.4m (up 10% from FY 2023). Profit margin: 4.4% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 13Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2025Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,115, o mei st., taipei city Taiwanお知らせ • Mar 04Syscom Computer Engineering Co. to Report Fiscal Year 2024 Results on Mar 12, 2025Syscom Computer Engineering Co. announced that they will report fiscal year 2024 results on Mar 12, 2025Board Change • Feb 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Feng Chiu Yu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$65.70, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 184% over the past three years.分析記事 • Feb 04Syscom Computer Engineering Co.'s (TWSE:2453) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...New Risk • Dec 23New 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change).Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$61.20, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 160% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.66 (vs NT$0.68 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.66 (down from NT$0.68 in 3Q 2023). Revenue: NT$1.71b (up 9.4% from 3Q 2023). Net income: NT$66.2m (down 2.8% from 3Q 2023). Profit margin: 3.9% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 05Syscom Computer Engineering Co. to Report Q3, 2024 Results on Nov 12, 2024Syscom Computer Engineering Co. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.37 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.57 (up from NT$0.37 in 2Q 2023). Revenue: NT$1.55b (up 8.2% from 2Q 2023). Net income: NT$56.9m (up 53% from 2Q 2023). Profit margin: 3.7% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 6.9% to NT$53.60. The fair value is estimated to be NT$42.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 14%.分析記事 • Aug 06Syscom Computer Engineering Co.'s (TWSE:2453) 28% Dip In Price Shows Sentiment Is Matching EarningsSyscom Computer Engineering Co. ( TWSE:2453 ) shareholders won't be pleased to see that the share price has had a very...お知らせ • Aug 03Syscom Computer Engineering Co. to Report Q2, 2024 Results on Aug 12, 2024Syscom Computer Engineering Co. announced that they will report Q2, 2024 results on Aug 12, 2024分析記事 • Jun 27Syscom Computer Engineering (TWSE:2453) Is Increasing Its Dividend To NT$2.40Syscom Computer Engineering Co. ( TWSE:2453 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jun 27Dividend increased to NT$2.40Dividend of NT$2.40 is 9.1% higher than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 25Syscom Computer Engineering Co. Approves Cash Dividend, Payable on August 9, 2024On June 24, 2024, Syscom Computer Engineering Co. approved cash dividends of TWD 240,000,000 (TWD 2.4 per share). Ex-rights (ex-dividend) trading date is July 11, 2024. Ex-rights (ex-dividend) record date is July 17, 2024. Payment date of common stock cash dividend distribution is August 9, 2024.お知らせ • Jun 14+ 1 more updateSyscom Computer Engineering Co. Announces Board ChangesSyscom Computer Engineering Co. at its 2024 shareholders' meeting held on June 12, 2024 announced board changes. Title and name of the previous position holder: Independent directors: Wang-Ying Yu, Che-Fu Kung. Resume of the previous position holder: Independent directors: Wang-Ying Yu:Independent director and Member of the Remuneration Committee of SYSCOM COMPUTER ENGINEERING CO. Che-Fu Kung:Independent director and Member of the Remuneration Committee of SYSCOM COMPUTER ENGINEERING CO. Title and name of the new position holder: Independent directors: Feng-Chiu Yu, So-Yun Cheng. Resume of the new position holder: Independent directors: Feng-Chiu Yu:Manager of Department of WIN Semiconductors Corp. So-Yun Cheng:Chief Accountant of Chang Tai Construction Co. Ltd. Reason for the change: term expired. Effective date of the new appointment: June 12, 2024. Original term is from July 29, 2021 to July 28, 2024.Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$0.86 (vs NT$0.84 in 1Q 2023)First quarter 2024 results: EPS: NT$0.86 (up from NT$0.84 in 1Q 2023). Revenue: NT$1.40b (up 12% from 1Q 2023). Net income: NT$85.7m (up 1.5% from 1Q 2023). Profit margin: 6.1% (down from 6.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 02Syscom Computer Engineering Co. to Report Q1, 2024 Results on May 09, 2024Syscom Computer Engineering Co. announced that they will report Q1, 2024 results on May 09, 2024Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 227% over the past three years.分析記事 • Mar 21Shareholders Will Be Pleased With The Quality of Syscom Computer Engineering's (TWSE:2453) EarningsEven though Syscom Computer Engineering Co.'s ( TWSE:2453 ) recent earnings release was robust, the market didn't seem...お知らせ • Mar 15Syscom Computer Engineering Co., Annual General Meeting, Jun 12, 2024Syscom Computer Engineering Co., Annual General Meeting, Jun 12, 2024.Reported Earnings • Mar 15Full year 2023 earnings released: EPS: NT$2.78 (vs NT$2.51 in FY 2022)Full year 2023 results: EPS: NT$2.78 (up from NT$2.51 in FY 2022). Revenue: NT$6.38b (up 7.3% from FY 2022). Net income: NT$278.3m (up 11% from FY 2022). Profit margin: 4.4% (up from 4.2% 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 16% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.58 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.68 (up from NT$0.58 in 3Q 2022). Revenue: NT$1.57b (up 4.9% from 3Q 2022). Net income: NT$68.1m (up 18% from 3Q 2022). Profit margin: 4.3% (up from 3.9% 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 20% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$58.80, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 323% over the past three years.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.27 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.37 (up from NT$0.27 in 2Q 2022). Revenue: NT$1.43b (up 12% from 2Q 2022). Net income: NT$37.3m (up 38% from 2Q 2022). Profit margin: 2.6% (up from 2.1% 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 22% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 06Upcoming dividend of NT$2.20 per share at 3.1% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 08 August 2023. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$74.50, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 25x in the IT industry in Taiwan. Total returns to shareholders of 445% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$79.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 490% over the past three years.Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$2.51 (vs NT$2.16 in FY 2021)Full year 2022 results: EPS: NT$2.51 (up from NT$2.16 in FY 2021). Revenue: NT$5.95b (up 1.4% from FY 2021). Net income: NT$250.7m (up 16% from FY 2021). Profit margin: 4.2% (up from 3.7% in FY 2021). 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 71% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$62.90, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 450% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$32.50, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 144% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.48 in 3Q 2021). Revenue: NT$1.49b (up 2.0% from 3Q 2021). Net income: NT$57.7m (up 20% from 3Q 2021). Profit margin: 3.9% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.48 in 3Q 2021). Revenue: NT$1.49b (up 2.0% from 3Q 2021). Net income: NT$57.7m (up 20% from 3Q 2021). Profit margin: 3.9% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.40 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.27 (down from NT$0.40 in 2Q 2021). Revenue: NT$1.28b (flat on 2Q 2021). Net income: NT$27.0m (down 32% from 2Q 2021). Profit margin: 2.1% (down from 3.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 07Upcoming dividend of NT$1.90 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 09 August 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (5.1%).Buying Opportunity • Apr 27Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$35.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 34%.お知らせ • Mar 23Syscom Computer Engineering Co., Annual General Meeting, Jun 15, 2022Syscom Computer Engineering Co., Annual General Meeting, Jun 15, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.48 (vs NT$0.34 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$1.46b (flat on 3Q 2020). Net income: NT$48.2m (up 40% from 3Q 2020). Profit margin: 3.3% (up from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year.Upcoming Dividend • Aug 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.8%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.38 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$1.28b (down 2.7% from 2Q 2020). Net income: NT$39.5m (up 3.9% from 2Q 2020). Profit margin: 3.1% (up from 2.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.43 (vs NT$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.18b (up 14% from 1Q 2020). Net income: NT$42.8m (up 75% from 1Q 2020). Profit margin: 3.6% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$23.70, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 98% over the past three years.分析記事 • Apr 27Syscom Computer Engineering (TPE:2453) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$1.70 (vs NT$1.29 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$5.76b (down 2.6% from FY 2019). Net income: NT$170.0m (up 32% from FY 2019). Profit margin: 3.0% (up from 2.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$21.75, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the IT industry in Taiwan. Total returns to shareholders of 73% over the past three years.分析記事 • Mar 19Should Syscom Computer Engineering Co. (TPE:2453) Be Part Of Your Dividend Portfolio?Dividend paying stocks like Syscom Computer Engineering Co. ( TPE:2453 ) tend to be popular with investors, and for...分析記事 • Mar 01Here’s What’s Happening With Returns At Syscom Computer Engineering (TPE:2453)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Feb 11Syscom Computer Engineering Co.'s (TPE:2453) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?Syscom Computer Engineering (TPE:2453) has had a rough month with its share price down 3.5%. However, the company's...分析記事 • Jan 27Syscom Computer Engineering (TPE:2453) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 11Is There More To The Story Than Syscom Computer Engineering's (TPE:2453) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...分析記事 • Dec 27Syscom Computer Engineering (TPE:2453) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentIf you want to compound wealth in the stock market, you can do so by buying an index fund. But in our experience...Is New 90 Day High Low • Dec 18New 90-day high: NT$18.00The company is up 4.0% from its price of NT$17.30 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 1.0% over the same period.分析記事 • Dec 12Does Syscom Computer Engineering Co. (TPE:2453) Have A Place In Your Dividend Portfolio?Dividend paying stocks like Syscom Computer Engineering Co. ( TPE:2453 ) tend to be popular with investors, and for...分析記事 • Nov 27We Like These Underlying Trends At Syscom Computer Engineering (TPE:2453)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.34The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.47b (up 7.6% from 3Q 2019). Net income: NT$34.5m (up 25% from 3Q 2019). Profit margin: 2.3% (up from 2.0% in 3Q 2019). 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 but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Sep 24New 90-day low: NT$16.30The company is down 13% from its price of NT$18.80 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.財務状況分析短期負債: 2453の 短期資産 ( NT$3.7B ) が 短期負債 ( NT$2.3B ) を超えています。長期負債: 2453の短期資産 ( NT$3.7B ) が 長期負債 ( NT$150.3M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 2453総負債よりも多くの現金を保有しています。負債の削減: 2453の負債対資本比率は、過去 5 年間で5.2%から4.9%に減少しました。債務返済能力: 2453の負債は 営業キャッシュフロー によって 十分にカバー されています ( 281.3% )。インタレストカバレッジ: 2453支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend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2026/06/18 14:02終値2026/06/18 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Syscom Computer Engineering Co. 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
分析記事 • Apr 27Syscom Computer Engineering (TPE:2453) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Jan 27Syscom Computer Engineering (TPE:2453) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Declared Dividend • Jun 13Dividend increased to NT$2.80Dividend of NT$2.80 is 7.7% higher than last year. Ex-date: 9th July 2026 Payment date: 6th August 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.91 (vs NT$0.89 in 1Q 2025)First quarter 2026 results: EPS: NT$0.91 (up from NT$0.89 in 1Q 2025). Revenue: NT$1.58b (up 7.5% from 1Q 2025). Net income: NT$90.5m (up 1.8% from 1Q 2025). Profit margin: 5.7% (down from 6.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Mar 16Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2026Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,115, o mei st., taipei city Taiwan
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$3.12 (vs NT$3.06 in FY 2024)Full year 2025 results: EPS: NT$3.12 (up from NT$3.06 in FY 2024). Revenue: NT$7.43b (up 7.2% from FY 2024). Net income: NT$311.8m (up 1.8% from FY 2024). Profit margin: 4.2% (down from 4.4% 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 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.72 (vs NT$0.66 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.72 (up from NT$0.66 in 3Q 2024). Revenue: NT$1.85b (up 8.0% from 3Q 2024). Net income: NT$71.6m (up 8.1% from 3Q 2024). Profit margin: 3.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.57 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.06. Revenue: NT$1.71b (up 10% from 2Q 2024). Net income: NT$59.6m (up 4.6% from 2Q 2024). Profit margin: 3.5% (down from 3.7% in 2Q 2024). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.8%).
お知らせ • Jun 13Syscom Computer Engineering Co. Announces Appointments to Sustainable Development Committee, Effective Date: June 11, 2025Syscom Computer Engineering Co. approved the establishment of a sustainable development committee and nomination committee members Newly Appointed Members:Jui-Long Liu – Director and President of the company, Anthony Tseng – Chief Sustainability Officer and Vice President and Ta-Yu Deng – Principal Division Chief. Effective Date: June 11, 2025.
Declared Dividend • Jun 13Dividend increased to NT$2.60Dividend of NT$2.60 is 8.3% higher than last year. Ex-date: 10th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (229% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.89 (vs NT$0.86 in 1Q 2024)First quarter 2025 results: EPS: NT$0.89 (up from NT$0.86 in 1Q 2024). Revenue: NT$1.47b (up 5.3% from 1Q 2024). Net income: NT$88.9m (up 3.7% from 1Q 2024). Profit margin: 6.0% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01Syscom Computer Engineering Co. to Report Q1, 2025 Results on May 09, 2025Syscom Computer Engineering Co. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 170% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$56.10, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 126% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.10, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 24x in the IT industry in Taiwan. Total returns to shareholders of 209% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$3.06 (vs NT$2.78 in FY 2023)Full year 2024 results: EPS: NT$3.06 (up from NT$2.78 in FY 2023). Revenue: NT$6.93b (up 8.6% from FY 2023). Net income: NT$306.4m (up 10% from FY 2023). Profit margin: 4.4% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 13Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2025Syscom Computer Engineering Co., Annual General Meeting, Jun 11, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,115, o mei st., taipei city Taiwan
お知らせ • Mar 04Syscom Computer Engineering Co. to Report Fiscal Year 2024 Results on Mar 12, 2025Syscom Computer Engineering Co. announced that they will report fiscal year 2024 results on Mar 12, 2025
Board Change • Feb 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Feng Chiu Yu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$65.70, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 23x in the IT industry in Taiwan. Total returns to shareholders of 184% over the past three years.
分析記事 • Feb 04Syscom Computer Engineering Co.'s (TWSE:2453) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...
New Risk • Dec 23New 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change).
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$61.20, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 160% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.66 (vs NT$0.68 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.66 (down from NT$0.68 in 3Q 2023). Revenue: NT$1.71b (up 9.4% from 3Q 2023). Net income: NT$66.2m (down 2.8% from 3Q 2023). Profit margin: 3.9% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 05Syscom Computer Engineering Co. to Report Q3, 2024 Results on Nov 12, 2024Syscom Computer Engineering Co. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.37 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.57 (up from NT$0.37 in 2Q 2023). Revenue: NT$1.55b (up 8.2% from 2Q 2023). Net income: NT$56.9m (up 53% from 2Q 2023). Profit margin: 3.7% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 6.9% to NT$53.60. The fair value is estimated to be NT$42.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 14%.
分析記事 • Aug 06Syscom Computer Engineering Co.'s (TWSE:2453) 28% Dip In Price Shows Sentiment Is Matching EarningsSyscom Computer Engineering Co. ( TWSE:2453 ) shareholders won't be pleased to see that the share price has had a very...
お知らせ • Aug 03Syscom Computer Engineering Co. to Report Q2, 2024 Results on Aug 12, 2024Syscom Computer Engineering Co. announced that they will report Q2, 2024 results on Aug 12, 2024
分析記事 • Jun 27Syscom Computer Engineering (TWSE:2453) Is Increasing Its Dividend To NT$2.40Syscom Computer Engineering Co. ( TWSE:2453 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jun 27Dividend increased to NT$2.40Dividend of NT$2.40 is 9.1% higher than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 25Syscom Computer Engineering Co. Approves Cash Dividend, Payable on August 9, 2024On June 24, 2024, Syscom Computer Engineering Co. approved cash dividends of TWD 240,000,000 (TWD 2.4 per share). Ex-rights (ex-dividend) trading date is July 11, 2024. Ex-rights (ex-dividend) record date is July 17, 2024. Payment date of common stock cash dividend distribution is August 9, 2024.
お知らせ • Jun 14+ 1 more updateSyscom Computer Engineering Co. Announces Board ChangesSyscom Computer Engineering Co. at its 2024 shareholders' meeting held on June 12, 2024 announced board changes. Title and name of the previous position holder: Independent directors: Wang-Ying Yu, Che-Fu Kung. Resume of the previous position holder: Independent directors: Wang-Ying Yu:Independent director and Member of the Remuneration Committee of SYSCOM COMPUTER ENGINEERING CO. Che-Fu Kung:Independent director and Member of the Remuneration Committee of SYSCOM COMPUTER ENGINEERING CO. Title and name of the new position holder: Independent directors: Feng-Chiu Yu, So-Yun Cheng. Resume of the new position holder: Independent directors: Feng-Chiu Yu:Manager of Department of WIN Semiconductors Corp. So-Yun Cheng:Chief Accountant of Chang Tai Construction Co. Ltd. Reason for the change: term expired. Effective date of the new appointment: June 12, 2024. Original term is from July 29, 2021 to July 28, 2024.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$0.86 (vs NT$0.84 in 1Q 2023)First quarter 2024 results: EPS: NT$0.86 (up from NT$0.84 in 1Q 2023). Revenue: NT$1.40b (up 12% from 1Q 2023). Net income: NT$85.7m (up 1.5% from 1Q 2023). Profit margin: 6.1% (down from 6.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 02Syscom Computer Engineering Co. to Report Q1, 2024 Results on May 09, 2024Syscom Computer Engineering Co. announced that they will report Q1, 2024 results on May 09, 2024
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 227% over the past three years.
分析記事 • Mar 21Shareholders Will Be Pleased With The Quality of Syscom Computer Engineering's (TWSE:2453) EarningsEven though Syscom Computer Engineering Co.'s ( TWSE:2453 ) recent earnings release was robust, the market didn't seem...
お知らせ • Mar 15Syscom Computer Engineering Co., Annual General Meeting, Jun 12, 2024Syscom Computer Engineering Co., Annual General Meeting, Jun 12, 2024.
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: NT$2.78 (vs NT$2.51 in FY 2022)Full year 2023 results: EPS: NT$2.78 (up from NT$2.51 in FY 2022). Revenue: NT$6.38b (up 7.3% from FY 2022). Net income: NT$278.3m (up 11% from FY 2022). Profit margin: 4.4% (up from 4.2% 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 16% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.58 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.68 (up from NT$0.58 in 3Q 2022). Revenue: NT$1.57b (up 4.9% from 3Q 2022). Net income: NT$68.1m (up 18% from 3Q 2022). Profit margin: 4.3% (up from 3.9% 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 20% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$58.80, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 323% over the past three years.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.27 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.37 (up from NT$0.27 in 2Q 2022). Revenue: NT$1.43b (up 12% from 2Q 2022). Net income: NT$37.3m (up 38% from 2Q 2022). Profit margin: 2.6% (up from 2.1% 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 22% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 06Upcoming dividend of NT$2.20 per share at 3.1% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 08 August 2023. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$74.50, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 25x in the IT industry in Taiwan. Total returns to shareholders of 445% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$79.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 20x in the IT industry in Taiwan. Total returns to shareholders of 490% over the past three years.
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$2.51 (vs NT$2.16 in FY 2021)Full year 2022 results: EPS: NT$2.51 (up from NT$2.16 in FY 2021). Revenue: NT$5.95b (up 1.4% from FY 2021). Net income: NT$250.7m (up 16% from FY 2021). Profit margin: 4.2% (up from 3.7% in FY 2021). 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 71% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$62.90, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 19x in the IT industry in Taiwan. Total returns to shareholders of 450% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$32.50, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 144% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.48 in 3Q 2021). Revenue: NT$1.49b (up 2.0% from 3Q 2021). Net income: NT$57.7m (up 20% from 3Q 2021). Profit margin: 3.9% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.48 in 3Q 2021). Revenue: NT$1.49b (up 2.0% from 3Q 2021). Net income: NT$57.7m (up 20% from 3Q 2021). Profit margin: 3.9% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.40 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.27 (down from NT$0.40 in 2Q 2021). Revenue: NT$1.28b (flat on 2Q 2021). Net income: NT$27.0m (down 32% from 2Q 2021). Profit margin: 2.1% (down from 3.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 07Upcoming dividend of NT$1.90 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 09 August 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (5.1%).
Buying Opportunity • Apr 27Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$35.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 34%.
お知らせ • Mar 23Syscom Computer Engineering Co., Annual General Meeting, Jun 15, 2022Syscom Computer Engineering Co., Annual General Meeting, Jun 15, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.48 (vs NT$0.34 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$1.46b (flat on 3Q 2020). Net income: NT$48.2m (up 40% from 3Q 2020). Profit margin: 3.3% (up from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year.
Upcoming Dividend • Aug 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.8%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.38 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$1.28b (down 2.7% from 2Q 2020). Net income: NT$39.5m (up 3.9% from 2Q 2020). Profit margin: 3.1% (up from 2.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.43 (vs NT$0.24 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.18b (up 14% from 1Q 2020). Net income: NT$42.8m (up 75% from 1Q 2020). Profit margin: 3.6% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$23.70, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 98% over the past three years.
分析記事 • Apr 27Syscom Computer Engineering (TPE:2453) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$1.70 (vs NT$1.29 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$5.76b (down 2.6% from FY 2019). Net income: NT$170.0m (up 32% from FY 2019). Profit margin: 3.0% (up from 2.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$21.75, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the IT industry in Taiwan. Total returns to shareholders of 73% over the past three years.
分析記事 • Mar 19Should Syscom Computer Engineering Co. (TPE:2453) Be Part Of Your Dividend Portfolio?Dividend paying stocks like Syscom Computer Engineering Co. ( TPE:2453 ) tend to be popular with investors, and for...
分析記事 • Mar 01Here’s What’s Happening With Returns At Syscom Computer Engineering (TPE:2453)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Feb 11Syscom Computer Engineering Co.'s (TPE:2453) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?Syscom Computer Engineering (TPE:2453) has had a rough month with its share price down 3.5%. However, the company's...
分析記事 • Jan 27Syscom Computer Engineering (TPE:2453) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 11Is There More To The Story Than Syscom Computer Engineering's (TPE:2453) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
分析記事 • Dec 27Syscom Computer Engineering (TPE:2453) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentIf you want to compound wealth in the stock market, you can do so by buying an index fund. But in our experience...
Is New 90 Day High Low • Dec 18New 90-day high: NT$18.00The company is up 4.0% from its price of NT$17.30 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 1.0% over the same period.
分析記事 • Dec 12Does Syscom Computer Engineering Co. (TPE:2453) Have A Place In Your Dividend Portfolio?Dividend paying stocks like Syscom Computer Engineering Co. ( TPE:2453 ) tend to be popular with investors, and for...
分析記事 • Nov 27We Like These Underlying Trends At Syscom Computer Engineering (TPE:2453)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.34The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.47b (up 7.6% from 3Q 2019). Net income: NT$34.5m (up 25% from 3Q 2019). Profit margin: 2.3% (up from 2.0% in 3Q 2019). 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 but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Sep 24New 90-day low: NT$16.30The company is down 13% from its price of NT$18.80 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period.