View Financial HealthSystex 配当と自社株買い配当金 基準チェック /46Systex配当を支払う会社であり、現在の利回りは4.09%で、収益によって十分にカバーされています。主要情報4.1%配当利回り-0.2%バイバック利回り総株主利回り3.9%将来の配当利回り4.1%配当成長0.4%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76%最近の配当と自社株買いの更新Declared Dividend • Jun 11Dividend of NT$5.20 announcedDividend of NT$5.20 is the same as last year. Ex-date: 24th June 2025 Payment date: 11th July 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Apr 10Systex Corporation Proposes Dividend for Year 2024Systex Corporation proposed dividend of Total amount of cash distributed to shareholders: TWD 1,415,663,943; Period which dividends belong to: January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 5.2 per share for year 2024.Upcoming Dividend • Jun 18Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 09 July 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).Declared Dividend • Jun 11Dividend of NT$5.20 announcedShareholders will receive a dividend of NT$5.20. Ex-date: 25th June 2024 Payment date: 9th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.6% 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 08Systex Corporation Announces Total Cash Dividend, Payable on 9 July 2024Systex Corporation announced total cash dividend from 2023 retained earnings of TWD 1,415,977,180. Ex-rights (ex-dividend) trading date: 25 June 2024. Ex-rights (ex-dividend) record date: 1 July 2024. Payment date of common stock cash dividend distribution: 9 July 2024.お知らせ • Apr 11Systex Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Systex Corporation proposed cash dividend of TWD 5.2 per share for the year ended December 31, 2023. Per value of common stock is TWD 10.すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: NT$2.64 (vs NT$1.00 in 1Q 2025)First quarter 2026 results: EPS: NT$2.64 (up from NT$1.00 in 1Q 2025). Revenue: NT$12.0b (up 22% from 1Q 2025). Net income: NT$718.3m (up 165% from 1Q 2025). Profit margin: 6.0% (up from 2.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Mar 10Full year 2025 earnings released: EPS: NT$7.91 (vs NT$7.66 in FY 2024)Full year 2025 results: EPS: NT$7.91 (up from NT$7.66 in FY 2024). Revenue: NT$44.0b (up 13% from FY 2024). Net income: NT$2.15b (up 9.8% from FY 2024). Profit margin: 4.9% (down from 5.0% in FY 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.お知らせ • Feb 26Systex Corporation, Annual General Meeting, May 28, 2026Systex Corporation, Annual General Meeting, May 28, 2026. Location: b1 floor no,318, jui kuang rd., neihu district, taipei city Taiwanお知らせ • Feb 02ITOCHU Corporation (TSE:8001) acquired an unknown minority stake in Systex Corporation (TWSE:6214).ITOCHU Corporation (TSE:8001) acquired an unknown minority stake in Systex Corporation (TWSE:6214) on February 2, 2026. ITOCHU Corporation (TSE:8001) completed the acquisition an unknown minority stake in Systex Corporation (TWSE:6214) on February 2, 2026.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$2.07 (vs NT$1.79 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.07 (up from NT$1.79 in 3Q 2024). Revenue: NT$12.6b (up 37% from 3Q 2024). Net income: NT$562.8m (up 24% from 3Q 2024). Profit margin: 4.5% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$2.34 (vs NT$1.87 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.34 (up from NT$1.87 in 2Q 2024). Revenue: NT$10.1b (up 14% from 2Q 2024). Net income: NT$635.3m (up 36% from 2Q 2024). Profit margin: 6.3% (up from 5.2% in 2Q 2024). 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 16% per year.Declared Dividend • Jun 11Dividend of NT$5.20 announcedDividend of NT$5.20 is the same as last year. Ex-date: 24th June 2025 Payment date: 11th July 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$2.63 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$2.63 in 1Q 2024). Revenue: NT$9.84b (down 3.5% from 1Q 2024). Net income: NT$271.6m (down 59% from 1Q 2024). Profit margin: 2.8% (down from 6.4% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 30Systex Corporation to Report Q1, 2025 Results on May 07, 2025Systex Corporation announced that they will report Q1, 2025 results on May 07, 2025お知らせ • Apr 10Systex Corporation Proposes Dividend for Year 2024Systex Corporation proposed dividend of Total amount of cash distributed to shareholders: TWD 1,415,663,943; Period which dividends belong to: January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 5.2 per share for year 2024.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$99.70, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 42% over the past three years.分析記事 • Mar 11We Think Shareholders Should Be Aware Of Some Factors Beyond Systex's (TWSE:6214) ProfitWe didn't see Systex Corporation's ( TWSE:6214 ) stock surge when it reported robust earnings recently. We looked...お知らせ • Feb 27Systex Corporation, Annual General Meeting, May 28, 2025Systex Corporation, Annual General Meeting, May 28, 2025. Location: b1 floor no,318, jui kuang rd., neihu district, taipei city Taiwanお知らせ • Feb 19Systex Corporation to Report Q4, 2024 Results on Feb 26, 2025Systex Corporation announced that they will report Q4, 2024 results on Feb 26, 2025分析記事 • Feb 13Return Trends At Systex (TWSE:6214) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...New Risk • Jan 24New 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: Major Risks Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). 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).分析記事 • Jan 10Is Now The Time To Put Systex (TWSE:6214) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Dec 20Systex Corporation's (TWSE:6214) Share Price Could Signal Some RiskIt's not a stretch to say that Systex Corporation's ( TWSE:6214 ) price-to-earnings (or "P/E") ratio of 20.7x right now...New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (8.5% increase in shares outstanding).Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$157, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 115% over the past three years.New Risk • Nov 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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 Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.5% increase in shares outstanding).Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: NT$1.79 (vs NT$1.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.79 (up from NT$1.36 in 3Q 2023). Revenue: NT$9.20b (up 11% from 3Q 2023). Net income: NT$454.3m (up 35% from 3Q 2023). Profit margin: 4.9% (up from 4.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.お知らせ • Oct 30Systex Corporation to Report Q3, 2024 Results on Nov 06, 2024Systex Corporation announced that they will report Q3, 2024 results on Nov 06, 2024お知らせ • Sep 14Systex Corporation Announces the Resignation of Lu, Hsi-Peng as Audit Committee MemberSystex Corporation announced the resignation of Lu, Hsi-Peng as Audit Committee member. Resume of the previous position holder: The distinguished professor at National Taiwan University of Science and Technology. Reason for the change: The independent Director of SYSTEX Corp., Mr.Lu,Hsi-Peng is also one of the Independent Directors of TAIWAN MOBILE CO., LTD. TAIWAN MOBILE CO., LTD. has acquired SYSTEX Corp. shares exceeding 5% of its total shares issued on September 13, 2024. Mr. Lu,Hsi-Peng is ipso facto dismissed from SYSTEX Corp. in accordance with Article 2 Clause 3 and Article 3 Clause 1 Item 5 of Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies.分析記事 • Sep 13Systex (TWSE:6214) Ticks All The Boxes When It Comes To Earnings GrowthFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Sep 13Systex Corporation Announces Resignation of Institutional DirectorSystex Corporation announced the resignation of Wu, Cheng-Huan (Representative of Hanmore Investment Corp.): Chairman, representative of Hanmore Investment Corp., and Lin, Chih-Min (Representative of Hanmore Investment Corp.): Director, representative of Hanmore Investment Corp. Original term: May 26, 2022-May 25, 2025.Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: NT$1.87 (vs NT$1.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.87 (up from NT$1.72 in 2Q 2023). Revenue: NT$8.91b (up 6.9% from 2Q 2023). Net income: NT$466.1m (up 9.4% from 2Q 2023). Profit margin: 5.2% (up from 5.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.分析記事 • Aug 07Returns Are Gaining Momentum At Systex (TWSE:6214)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...お知らせ • Jul 30Systex Corporation to Report Q2, 2024 Results on Aug 06, 2024Systex Corporation announced that they will report Q2, 2024 results on Aug 06, 2024お知らせ • Jul 17Systex Corporation (TWSE:6214) proposed to acquire 20.40% stake in Neweb Information Co., Ltd. (TPEX:6938) in a tender offer transaction for TWD 180 million.Systex Corporation (TWSE:6214) proposed to acquire 20.40% stake in Neweb Information Co., Ltd. (TPEX:6938) for TWD 180 million in a tender offer transaction on July 15, 2024. A cash consideration valued at TWD 72 per share will be paid by Systex Corporation. The expected completion of the transaction is August 5, 2024.分析記事 • Jul 15Systex (TWSE:6214) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Jun 18Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 09 July 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).Declared Dividend • Jun 11Dividend of NT$5.20 announcedShareholders will receive a dividend of NT$5.20. Ex-date: 25th June 2024 Payment date: 9th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.6% 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 08Systex Corporation Announces Total Cash Dividend, Payable on 9 July 2024Systex Corporation announced total cash dividend from 2023 retained earnings of TWD 1,415,977,180. Ex-rights (ex-dividend) trading date: 25 June 2024. Ex-rights (ex-dividend) record date: 1 July 2024. Payment date of common stock cash dividend distribution: 9 July 2024.Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$2.63 (vs NT$1.84 in 1Q 2023)First quarter 2024 results: EPS: NT$2.63 (up from NT$1.84 in 1Q 2023). Revenue: NT$10.2b (up 24% from 1Q 2023). Net income: NT$654.6m (up 44% from 1Q 2023). Profit margin: 6.4% (up from 5.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.分析記事 • May 08Returns Are Gaining Momentum At Systex (TWSE:6214)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...お知らせ • May 02Systex Corporation to Report Q1, 2024 Results on May 08, 2024Systex Corporation announced that they will report Q1, 2024 results on May 08, 2024お知らせ • Apr 11Systex Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Systex Corporation proposed cash dividend of TWD 5.2 per share for the year ended December 31, 2023. Per value of common stock is TWD 10.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$6.02 (vs NT$4.40 in FY 2022)Full year 2023 results: EPS: NT$6.02 (up from NT$4.40 in FY 2022). Revenue: NT$35.2b (up 6.2% from FY 2022). Net income: NT$1.49b (up 37% from FY 2022). Profit margin: 4.2% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Feb 28Systex Corporation, Annual General Meeting, May 29, 2024Systex Corporation, Annual General Meeting, May 29, 2024. Location: Conference Room B1, SYSTEX CORPORATION Building Tai Pei Taiwan Agenda: To approve 2023 Business report and Financial statements; to approve Audit Committee' s review report on 2023 Financial Statements; to 2023 directors' and employees' compensation; to approve2023 cash dividends distribution from retained earnings; to consider 2023 status report of company’s investment in Mainland China; to consider 2023 execution status of Endorsement and Guarantee; to consider the amendment of the rules of procedure for board of Directors Meetings; to discuss and approve the amendment to Articles of Incorporation; to discuss and approve the amendment to the issuance of 2022 employee restricted stock awards.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: NT$1.36 (vs NT$1.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.36 (up from NT$1.27 in 3Q 2022). Revenue: NT$8.30b (down 2.9% from 3Q 2022). Net income: NT$337.0m (up 7.4% from 3Q 2022). Profit margin: 4.1% (up from 3.7% in 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Aug 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. 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 (7.2% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$1.72 (vs NT$0.63 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.72 (up from NT$0.63 in 2Q 2022). Revenue: NT$8.33b (up 8.3% from 2Q 2022). Net income: NT$426.2m (up 173% from 2Q 2022). Profit margin: 5.1% (up from 2.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Jul 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: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (101% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).Reported Earnings • Jun 28First quarter 2023 earnings released: EPS: NT$1.84 (vs NT$1.27 in 1Q 2022)First quarter 2023 results: EPS: NT$1.84 (up from NT$1.27 in 1Q 2022). Revenue: NT$8.23b (up 6.7% from 1Q 2022). Net income: NT$455.5m (up 45% from 1Q 2022). Profit margin: 5.5% (up from 4.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$117, the stock trades at a trailing P/E ratio of 23.8x. Average forward P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 75% over the past three years.Upcoming Dividend • Jun 14Upcoming dividend of NT$5.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 07 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.9%).お知らせ • Jun 07Systex Corporation Announces 2022 Cash Dividend, Payable on July 7, 2023Systex Corporation announced total cash dividend from 2022 retained earnings is TWD 1,361,516,520. Ex-rights (ex-dividend) trading date: June 21, 2023. Ex-rights (ex-dividend) record date: July 1, 2023. Payment date of cash dividend distribution: July 7, 2023.お知らせ • May 27+ 1 more updateSystex Corporation Approves the Election of Lu, Hsi-Peng as Independent DirectorSystex Corporation at its annual shareholders' meeting held on May 25, 2023, approved the election of Lu, Hsi-Peng, Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology as Independent Director.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: NT$4.40 (vs NT$4.90 in FY 2021)Full year 2022 results: EPS: NT$4.40 (down from NT$4.90 in FY 2021). Revenue: NT$33.1b (up 12% from FY 2021). Net income: NT$1.09b (down 10% from FY 2021). Profit margin: 3.3% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.26 (vs NT$0.93 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.26 (up from NT$0.93 in 3Q 2021). Revenue: NT$8.55b (up 9.8% from 3Q 2021). Net income: NT$313.7m (up 36% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: NT$0.63 (vs NT$1.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.63 (down from NT$1.36 in 2Q 2021). Revenue: NT$7.70b (up 13% from 2Q 2021). Net income: NT$156.2m (down 54% from 2Q 2021). Profit margin: 2.0% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Buying Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be NT$96.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.1%.Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 08 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.7%).お知らせ • Jun 09Systex Corporation Announces Cash Dividend for the Year 2021, Payable on July 8, 2022Systex Corporation announced type and monetary amount of dividend distribution: cash dividend from 2021 retained earnings is TWD 1,131,451,877 and cash dividend from the capital surplus is TWD 215,514,643. Total cash dividend is TWD 1,346,966,520. Ex-rights (ex-dividend) record date is June 30, 2022. Cash dividend is expected to be distributed on July 8, 2022.Buying Opportunity • May 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$96.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.1%.Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$1.27 (vs NT$2.03 in 1Q 2021)First quarter 2022 results: EPS: NT$1.27 (down from NT$2.03 in 1Q 2021). Revenue: NT$7.72b (up 5.0% from 1Q 2021). Net income: NT$314.5m (down 38% from 1Q 2021). Profit margin: 4.1% (down from 6.9% in 1Q 2021). 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 and the company’s share price has also increased by 4% per year.Board Change • Apr 27Less 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. 9 non-independent directors. Independent Director Chien-Hua Lai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 13+ 1 more updateSystex Corporation Proposes Cash Distribution from Legal Reserve and Capital Surplus for the Year Ended December 31, 2021Systex Corporation’s board of directors proposed a cash distribution from legal reserve and capital surplus to shareholders is TWD 0.8 per share for the year ended December 31, 2021. Total amount of cash distributed to shareholders is TWD 1,346,966,520.お知らせ • Feb 25Systex Corporation, Annual General Meeting, May 26, 2022Systex Corporation, Annual General Meeting, May 26, 2022. Location: 2F, 399, Rueiguang Rd.,Neihu District Taipei City Taiwan Agenda: To consider 2021 Business report and Financial statements; to consider Audit Committee’s review report on 2021 Financial Statements; to consider 2021 directors’ and employees’ compensation; to consider 2021 cash dividends distribution from retained earnings; to consider 2021 execution status of Endorsement and Guarantee; to consider 2021 Issuance of unsecured corporate bond; to consider the amendment of ”Codes of Conduct for Directors and Managers; to consider 2021 Business report and Financial statements; to consider 2021 Retained earnings distribution; to discuss and approve the amendment to ”Articles of Incorporation”; to discuss and approve the amendment to ”Procedures for the Acquisition and Disposal of Assets”; and to discuss and approve the issuance of 2022 new restricted employee shares.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$4.90 (down from NT$6.72 in FY 2020). Revenue: NT$29.5b (up 24% from FY 2020). Net income: NT$1.21b (down 27% from FY 2020). Profit margin: 4.1% (down from 7.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.93 (vs NT$2.03 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$7.78b (up 40% from 3Q 2020). Net income: NT$230.5m (down 54% from 3Q 2020). Profit margin: 3.0% (down from 9.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.36 (vs NT$3.07 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$6.82b (up 16% from 2Q 2020). Net income: NT$336.5m (down 56% from 2Q 2020). Profit margin: 4.9% (down from 13% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 08Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 15 July 2021. Payment date: 29 July 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.1%).分析記事 • Apr 19Systex (TPE:6214) Seems To Use Debt Rather SparinglyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Mar 30There's Been No Shortage Of Growth Recently For Systex's (TPE:6214) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$6.72 (vs NT$7.31 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$23.7b (up 7.6% from FY 2019). Net income: NT$1.67b (down 7.8% from FY 2019). Profit margin: 7.0% (down from 8.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 09Is Systex Corporation's (TPE:6214) Recent Stock Performance Influenced By Its Financials In Any Way?Systex's (TPE:6214) stock up by 2.1% over the past month. We wonder if and what role the company's financials play in...お知らせ • Feb 25Systex Corporation, Annual General Meeting, May 27, 2021Systex Corporation, Annual General Meeting, May 27, 2021. Location: Liberty Square Convention Center 2F, 399, Rueiguang Rd.,Neihu District Taipei City Taiwan Agenda: To consider 2020 business report and financial statements; to consider audit committee's review report on 2020 financial statements; to consider 2020 execution status of endorsement and guarantee; to consider 2020 business report and financial statements; to discuss and approve the amendment to articles of incorporation; and to consider other matters.分析記事 • Feb 16Here's Why I Think Systex (TPE:6214) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Feb 04Systex Corporation Announces Executive ChangesSystex Corporation announced Change of director of the company. Title, name and resume of the previous position holder: Huang, Tsong-Jen/Director of SYSTEX Corporation and Title, name and resume of the new position holder: Chung, Chih-Chun/CFO and Company Secretary of SYSTEX Corporation. Effective date of new appointment is Feb. 3, 2021.分析記事 • Feb 02Did You Participate In Any Of Systex's (TPE:6214) Fantastic 138% Return ?The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...分析記事 • Jan 18Here's Why Systex (TPE:6214) Can Manage Its Debt ResponsiblyDavid 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 • Jan 05Should You Or Shouldn't You: A Dividend Analysis on Systex Corporation (TPE:6214)Is Systex Corporation ( TPE:6214 ) a good dividend stock? How can we tell? Dividend paying companies with growing...お知らせ • Dec 25Systex Corporation Announces Change of ChairpersonSystex Corporation announced change of the chairperson of the company. Name and resume of the previous position holder is Lin, Lung-Fen/Director and General manager of the company and Name and resume of the new position holder is Lin, Lung-Fen/Director and General manager of the company. The original chairperson resigned because of personal career planning and the new chairperson was elected by the board of directors. Effective date of the new appointment is December 23, 2020.分析記事 • Dec 21We Like These Underlying Trends At Systex (TPE:6214)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...分析記事 • Dec 08Do Fundamentals Have Any Role To Play In Driving Systex Corporation's (TPE:6214) Stock Up Recently?Systex's (TPE:6214) stock is up by 4.3% over the past month. Given that stock prices are usually aligned with a...Is New 90 Day High Low • Dec 08New 90-day high: NT$85.30The company is up 3.0% from its price of NT$83.00 on 09 September 2020. The Taiwanese market is up 12% 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 • Nov 23Systex (TPE:6214) Is Growing Earnings But Are They A Good Guide?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$2.03The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$5.57b (down 1.8% from 3Q 2019). Net income: NT$504.5m (up 77% from 3Q 2019). Profit margin: 9.1% (up from 5.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.決済の安定と成長配当データの取得安定した配当: 6214の1株当たり配当金は過去10年間安定しています。増加する配当: 6214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Systex 配当利回り対市場6214 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 (6214)4.1%市場下位25% (TW)1.5%市場トップ25% (TW)5.1%業界平均 (IT)4.5%アナリスト予想 (6214) (最長3年)4.1%注目すべき配当: 6214の配当金 ( 4.09% ) 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: 6214の配当金 ( 4.09% ) はTW市場の配当金支払者の上位 25% ( 5.06% ) 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: 現在の配当性向（ 76.2% ）では、 6214の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 6214は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。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2026/05/21 11:21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Systex 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。3 アナリスト機関Yiho LiuCapital Securities CorporationJames HungTaiwan Ratings Corp.Frank TsaiYuanta Research
Declared Dividend • Jun 11Dividend of NT$5.20 announcedDividend of NT$5.20 is the same as last year. Ex-date: 24th June 2025 Payment date: 11th July 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Apr 10Systex Corporation Proposes Dividend for Year 2024Systex Corporation proposed dividend of Total amount of cash distributed to shareholders: TWD 1,415,663,943; Period which dividends belong to: January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 5.2 per share for year 2024.
Upcoming Dividend • Jun 18Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 09 July 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).
Declared Dividend • Jun 11Dividend of NT$5.20 announcedShareholders will receive a dividend of NT$5.20. Ex-date: 25th June 2024 Payment date: 9th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.6% 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 08Systex Corporation Announces Total Cash Dividend, Payable on 9 July 2024Systex Corporation announced total cash dividend from 2023 retained earnings of TWD 1,415,977,180. Ex-rights (ex-dividend) trading date: 25 June 2024. Ex-rights (ex-dividend) record date: 1 July 2024. Payment date of common stock cash dividend distribution: 9 July 2024.
お知らせ • Apr 11Systex Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Systex Corporation proposed cash dividend of TWD 5.2 per share for the year ended December 31, 2023. Per value of common stock is TWD 10.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$2.64 (vs NT$1.00 in 1Q 2025)First quarter 2026 results: EPS: NT$2.64 (up from NT$1.00 in 1Q 2025). Revenue: NT$12.0b (up 22% from 1Q 2025). Net income: NT$718.3m (up 165% from 1Q 2025). Profit margin: 6.0% (up from 2.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Mar 10Full year 2025 earnings released: EPS: NT$7.91 (vs NT$7.66 in FY 2024)Full year 2025 results: EPS: NT$7.91 (up from NT$7.66 in FY 2024). Revenue: NT$44.0b (up 13% from FY 2024). Net income: NT$2.15b (up 9.8% from FY 2024). Profit margin: 4.9% (down from 5.0% in FY 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Feb 26Systex Corporation, Annual General Meeting, May 28, 2026Systex Corporation, Annual General Meeting, May 28, 2026. Location: b1 floor no,318, jui kuang rd., neihu district, taipei city Taiwan
お知らせ • Feb 02ITOCHU Corporation (TSE:8001) acquired an unknown minority stake in Systex Corporation (TWSE:6214).ITOCHU Corporation (TSE:8001) acquired an unknown minority stake in Systex Corporation (TWSE:6214) on February 2, 2026. ITOCHU Corporation (TSE:8001) completed the acquisition an unknown minority stake in Systex Corporation (TWSE:6214) on February 2, 2026.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$2.07 (vs NT$1.79 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.07 (up from NT$1.79 in 3Q 2024). Revenue: NT$12.6b (up 37% from 3Q 2024). Net income: NT$562.8m (up 24% from 3Q 2024). Profit margin: 4.5% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$2.34 (vs NT$1.87 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.34 (up from NT$1.87 in 2Q 2024). Revenue: NT$10.1b (up 14% from 2Q 2024). Net income: NT$635.3m (up 36% from 2Q 2024). Profit margin: 6.3% (up from 5.2% in 2Q 2024). 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 16% per year.
Declared Dividend • Jun 11Dividend of NT$5.20 announcedDividend of NT$5.20 is the same as last year. Ex-date: 24th June 2025 Payment date: 11th July 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$1.00 (vs NT$2.63 in 1Q 2024)First quarter 2025 results: EPS: NT$1.00 (down from NT$2.63 in 1Q 2024). Revenue: NT$9.84b (down 3.5% from 1Q 2024). Net income: NT$271.6m (down 59% from 1Q 2024). Profit margin: 2.8% (down from 6.4% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 30Systex Corporation to Report Q1, 2025 Results on May 07, 2025Systex Corporation announced that they will report Q1, 2025 results on May 07, 2025
お知らせ • Apr 10Systex Corporation Proposes Dividend for Year 2024Systex Corporation proposed dividend of Total amount of cash distributed to shareholders: TWD 1,415,663,943; Period which dividends belong to: January 1, 2024 to December 31, 2024. Appropriations of earnings in cash dividends to shareholders: TWD 5.2 per share for year 2024.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$99.70, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 18x in the IT industry in Taiwan. Total returns to shareholders of 42% over the past three years.
分析記事 • Mar 11We Think Shareholders Should Be Aware Of Some Factors Beyond Systex's (TWSE:6214) ProfitWe didn't see Systex Corporation's ( TWSE:6214 ) stock surge when it reported robust earnings recently. We looked...
お知らせ • Feb 27Systex Corporation, Annual General Meeting, May 28, 2025Systex Corporation, Annual General Meeting, May 28, 2025. Location: b1 floor no,318, jui kuang rd., neihu district, taipei city Taiwan
お知らせ • Feb 19Systex Corporation to Report Q4, 2024 Results on Feb 26, 2025Systex Corporation announced that they will report Q4, 2024 results on Feb 26, 2025
分析記事 • Feb 13Return Trends At Systex (TWSE:6214) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
New Risk • Jan 24New 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: Major Risks Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). 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).
分析記事 • Jan 10Is Now The Time To Put Systex (TWSE:6214) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Dec 20Systex Corporation's (TWSE:6214) Share Price Could Signal Some RiskIt's not a stretch to say that Systex Corporation's ( TWSE:6214 ) price-to-earnings (or "P/E") ratio of 20.7x right now...
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (8.5% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$157, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 115% over the past three years.
New Risk • Nov 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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 Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.5% increase in shares outstanding).
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: NT$1.79 (vs NT$1.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.79 (up from NT$1.36 in 3Q 2023). Revenue: NT$9.20b (up 11% from 3Q 2023). Net income: NT$454.3m (up 35% from 3Q 2023). Profit margin: 4.9% (up from 4.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Oct 30Systex Corporation to Report Q3, 2024 Results on Nov 06, 2024Systex Corporation announced that they will report Q3, 2024 results on Nov 06, 2024
お知らせ • Sep 14Systex Corporation Announces the Resignation of Lu, Hsi-Peng as Audit Committee MemberSystex Corporation announced the resignation of Lu, Hsi-Peng as Audit Committee member. Resume of the previous position holder: The distinguished professor at National Taiwan University of Science and Technology. Reason for the change: The independent Director of SYSTEX Corp., Mr.Lu,Hsi-Peng is also one of the Independent Directors of TAIWAN MOBILE CO., LTD. TAIWAN MOBILE CO., LTD. has acquired SYSTEX Corp. shares exceeding 5% of its total shares issued on September 13, 2024. Mr. Lu,Hsi-Peng is ipso facto dismissed from SYSTEX Corp. in accordance with Article 2 Clause 3 and Article 3 Clause 1 Item 5 of Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies.
分析記事 • Sep 13Systex (TWSE:6214) Ticks All The Boxes When It Comes To Earnings GrowthFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Sep 13Systex Corporation Announces Resignation of Institutional DirectorSystex Corporation announced the resignation of Wu, Cheng-Huan (Representative of Hanmore Investment Corp.): Chairman, representative of Hanmore Investment Corp., and Lin, Chih-Min (Representative of Hanmore Investment Corp.): Director, representative of Hanmore Investment Corp. Original term: May 26, 2022-May 25, 2025.
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: NT$1.87 (vs NT$1.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.87 (up from NT$1.72 in 2Q 2023). Revenue: NT$8.91b (up 6.9% from 2Q 2023). Net income: NT$466.1m (up 9.4% from 2Q 2023). Profit margin: 5.2% (up from 5.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.
分析記事 • Aug 07Returns Are Gaining Momentum At Systex (TWSE:6214)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
お知らせ • Jul 30Systex Corporation to Report Q2, 2024 Results on Aug 06, 2024Systex Corporation announced that they will report Q2, 2024 results on Aug 06, 2024
お知らせ • Jul 17Systex Corporation (TWSE:6214) proposed to acquire 20.40% stake in Neweb Information Co., Ltd. (TPEX:6938) in a tender offer transaction for TWD 180 million.Systex Corporation (TWSE:6214) proposed to acquire 20.40% stake in Neweb Information Co., Ltd. (TPEX:6938) for TWD 180 million in a tender offer transaction on July 15, 2024. A cash consideration valued at TWD 72 per share will be paid by Systex Corporation. The expected completion of the transaction is August 5, 2024.
分析記事 • Jul 15Systex (TWSE:6214) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Jun 18Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 09 July 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).
Declared Dividend • Jun 11Dividend of NT$5.20 announcedShareholders will receive a dividend of NT$5.20. Ex-date: 25th June 2024 Payment date: 9th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.6% 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 08Systex Corporation Announces Total Cash Dividend, Payable on 9 July 2024Systex Corporation announced total cash dividend from 2023 retained earnings of TWD 1,415,977,180. Ex-rights (ex-dividend) trading date: 25 June 2024. Ex-rights (ex-dividend) record date: 1 July 2024. Payment date of common stock cash dividend distribution: 9 July 2024.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$2.63 (vs NT$1.84 in 1Q 2023)First quarter 2024 results: EPS: NT$2.63 (up from NT$1.84 in 1Q 2023). Revenue: NT$10.2b (up 24% from 1Q 2023). Net income: NT$654.6m (up 44% from 1Q 2023). Profit margin: 6.4% (up from 5.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
分析記事 • May 08Returns Are Gaining Momentum At Systex (TWSE:6214)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
お知らせ • May 02Systex Corporation to Report Q1, 2024 Results on May 08, 2024Systex Corporation announced that they will report Q1, 2024 results on May 08, 2024
お知らせ • Apr 11Systex Corporation Proposes Cash Dividend for the Year Ended December 31, 2023Systex Corporation proposed cash dividend of TWD 5.2 per share for the year ended December 31, 2023. Per value of common stock is TWD 10.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$6.02 (vs NT$4.40 in FY 2022)Full year 2023 results: EPS: NT$6.02 (up from NT$4.40 in FY 2022). Revenue: NT$35.2b (up 6.2% from FY 2022). Net income: NT$1.49b (up 37% from FY 2022). Profit margin: 4.2% (up from 3.3% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Feb 28Systex Corporation, Annual General Meeting, May 29, 2024Systex Corporation, Annual General Meeting, May 29, 2024. Location: Conference Room B1, SYSTEX CORPORATION Building Tai Pei Taiwan Agenda: To approve 2023 Business report and Financial statements; to approve Audit Committee' s review report on 2023 Financial Statements; to 2023 directors' and employees' compensation; to approve2023 cash dividends distribution from retained earnings; to consider 2023 status report of company’s investment in Mainland China; to consider 2023 execution status of Endorsement and Guarantee; to consider the amendment of the rules of procedure for board of Directors Meetings; to discuss and approve the amendment to Articles of Incorporation; to discuss and approve the amendment to the issuance of 2022 employee restricted stock awards.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: NT$1.36 (vs NT$1.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.36 (up from NT$1.27 in 3Q 2022). Revenue: NT$8.30b (down 2.9% from 3Q 2022). Net income: NT$337.0m (up 7.4% from 3Q 2022). Profit margin: 4.1% (up from 3.7% in 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Aug 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. 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 (7.2% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$1.72 (vs NT$0.63 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.72 (up from NT$0.63 in 2Q 2022). Revenue: NT$8.33b (up 8.3% from 2Q 2022). Net income: NT$426.2m (up 173% from 2Q 2022). Profit margin: 5.1% (up from 2.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Jul 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: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (101% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).
Reported Earnings • Jun 28First quarter 2023 earnings released: EPS: NT$1.84 (vs NT$1.27 in 1Q 2022)First quarter 2023 results: EPS: NT$1.84 (up from NT$1.27 in 1Q 2022). Revenue: NT$8.23b (up 6.7% from 1Q 2022). Net income: NT$455.5m (up 45% from 1Q 2022). Profit margin: 5.5% (up from 4.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$117, the stock trades at a trailing P/E ratio of 23.8x. Average forward P/E is 21x in the IT industry in Taiwan. Total returns to shareholders of 75% over the past three years.
Upcoming Dividend • Jun 14Upcoming dividend of NT$5.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 07 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.9%).
お知らせ • Jun 07Systex Corporation Announces 2022 Cash Dividend, Payable on July 7, 2023Systex Corporation announced total cash dividend from 2022 retained earnings is TWD 1,361,516,520. Ex-rights (ex-dividend) trading date: June 21, 2023. Ex-rights (ex-dividend) record date: July 1, 2023. Payment date of cash dividend distribution: July 7, 2023.
お知らせ • May 27+ 1 more updateSystex Corporation Approves the Election of Lu, Hsi-Peng as Independent DirectorSystex Corporation at its annual shareholders' meeting held on May 25, 2023, approved the election of Lu, Hsi-Peng, Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology as Independent Director.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: NT$4.40 (vs NT$4.90 in FY 2021)Full year 2022 results: EPS: NT$4.40 (down from NT$4.90 in FY 2021). Revenue: NT$33.1b (up 12% from FY 2021). Net income: NT$1.09b (down 10% from FY 2021). Profit margin: 3.3% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$1.26 (vs NT$0.93 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.26 (up from NT$0.93 in 3Q 2021). Revenue: NT$8.55b (up 9.8% from 3Q 2021). Net income: NT$313.7m (up 36% from 3Q 2021). Profit margin: 3.7% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 06Second quarter 2022 earnings released: EPS: NT$0.63 (vs NT$1.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.63 (down from NT$1.36 in 2Q 2021). Revenue: NT$7.70b (up 13% from 2Q 2021). Net income: NT$156.2m (down 54% from 2Q 2021). Profit margin: 2.0% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Buying Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.5%. The fair value is estimated to be NT$96.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.1%.
Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 08 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.7%).
お知らせ • Jun 09Systex Corporation Announces Cash Dividend for the Year 2021, Payable on July 8, 2022Systex Corporation announced type and monetary amount of dividend distribution: cash dividend from 2021 retained earnings is TWD 1,131,451,877 and cash dividend from the capital surplus is TWD 215,514,643. Total cash dividend is TWD 1,346,966,520. Ex-rights (ex-dividend) record date is June 30, 2022. Cash dividend is expected to be distributed on July 8, 2022.
Buying Opportunity • May 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$96.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.1%.
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$1.27 (vs NT$2.03 in 1Q 2021)First quarter 2022 results: EPS: NT$1.27 (down from NT$2.03 in 1Q 2021). Revenue: NT$7.72b (up 5.0% from 1Q 2021). Net income: NT$314.5m (down 38% from 1Q 2021). Profit margin: 4.1% (down from 6.9% in 1Q 2021). 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 and the company’s share price has also increased by 4% per year.
Board Change • Apr 27Less 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. 9 non-independent directors. Independent Director Chien-Hua Lai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 13+ 1 more updateSystex Corporation Proposes Cash Distribution from Legal Reserve and Capital Surplus for the Year Ended December 31, 2021Systex Corporation’s board of directors proposed a cash distribution from legal reserve and capital surplus to shareholders is TWD 0.8 per share for the year ended December 31, 2021. Total amount of cash distributed to shareholders is TWD 1,346,966,520.
お知らせ • Feb 25Systex Corporation, Annual General Meeting, May 26, 2022Systex Corporation, Annual General Meeting, May 26, 2022. Location: 2F, 399, Rueiguang Rd.,Neihu District Taipei City Taiwan Agenda: To consider 2021 Business report and Financial statements; to consider Audit Committee’s review report on 2021 Financial Statements; to consider 2021 directors’ and employees’ compensation; to consider 2021 cash dividends distribution from retained earnings; to consider 2021 execution status of Endorsement and Guarantee; to consider 2021 Issuance of unsecured corporate bond; to consider the amendment of ”Codes of Conduct for Directors and Managers; to consider 2021 Business report and Financial statements; to consider 2021 Retained earnings distribution; to discuss and approve the amendment to ”Articles of Incorporation”; to discuss and approve the amendment to ”Procedures for the Acquisition and Disposal of Assets”; and to discuss and approve the issuance of 2022 new restricted employee shares.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$4.90 (down from NT$6.72 in FY 2020). Revenue: NT$29.5b (up 24% from FY 2020). Net income: NT$1.21b (down 27% from FY 2020). Profit margin: 4.1% (down from 7.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.93 (vs NT$2.03 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$7.78b (up 40% from 3Q 2020). Net income: NT$230.5m (down 54% from 3Q 2020). Profit margin: 3.0% (down from 9.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.36 (vs NT$3.07 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$6.82b (up 16% from 2Q 2020). Net income: NT$336.5m (down 56% from 2Q 2020). Profit margin: 4.9% (down from 13% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 08Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 15 July 2021. Payment date: 29 July 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.1%).
分析記事 • Apr 19Systex (TPE:6214) Seems To Use Debt Rather SparinglyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Mar 30There's Been No Shortage Of Growth Recently For Systex's (TPE:6214) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$6.72 (vs NT$7.31 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$23.7b (up 7.6% from FY 2019). Net income: NT$1.67b (down 7.8% from FY 2019). Profit margin: 7.0% (down from 8.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 09Is Systex Corporation's (TPE:6214) Recent Stock Performance Influenced By Its Financials In Any Way?Systex's (TPE:6214) stock up by 2.1% over the past month. We wonder if and what role the company's financials play in...
お知らせ • Feb 25Systex Corporation, Annual General Meeting, May 27, 2021Systex Corporation, Annual General Meeting, May 27, 2021. Location: Liberty Square Convention Center 2F, 399, Rueiguang Rd.,Neihu District Taipei City Taiwan Agenda: To consider 2020 business report and financial statements; to consider audit committee's review report on 2020 financial statements; to consider 2020 execution status of endorsement and guarantee; to consider 2020 business report and financial statements; to discuss and approve the amendment to articles of incorporation; and to consider other matters.
分析記事 • Feb 16Here's Why I Think Systex (TPE:6214) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Feb 04Systex Corporation Announces Executive ChangesSystex Corporation announced Change of director of the company. Title, name and resume of the previous position holder: Huang, Tsong-Jen/Director of SYSTEX Corporation and Title, name and resume of the new position holder: Chung, Chih-Chun/CFO and Company Secretary of SYSTEX Corporation. Effective date of new appointment is Feb. 3, 2021.
分析記事 • Feb 02Did You Participate In Any Of Systex's (TPE:6214) Fantastic 138% Return ?The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...
分析記事 • Jan 18Here's Why Systex (TPE:6214) Can Manage Its Debt ResponsiblyDavid 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 • Jan 05Should You Or Shouldn't You: A Dividend Analysis on Systex Corporation (TPE:6214)Is Systex Corporation ( TPE:6214 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
お知らせ • Dec 25Systex Corporation Announces Change of ChairpersonSystex Corporation announced change of the chairperson of the company. Name and resume of the previous position holder is Lin, Lung-Fen/Director and General manager of the company and Name and resume of the new position holder is Lin, Lung-Fen/Director and General manager of the company. The original chairperson resigned because of personal career planning and the new chairperson was elected by the board of directors. Effective date of the new appointment is December 23, 2020.
分析記事 • Dec 21We Like These Underlying Trends At Systex (TPE:6214)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
分析記事 • Dec 08Do Fundamentals Have Any Role To Play In Driving Systex Corporation's (TPE:6214) Stock Up Recently?Systex's (TPE:6214) stock is up by 4.3% over the past month. Given that stock prices are usually aligned with a...
Is New 90 Day High Low • Dec 08New 90-day high: NT$85.30The company is up 3.0% from its price of NT$83.00 on 09 September 2020. The Taiwanese market is up 12% 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 • Nov 23Systex (TPE:6214) Is Growing Earnings But Are They A Good Guide?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$2.03The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$5.57b (down 1.8% from 3Q 2019). Net income: NT$504.5m (up 77% from 3Q 2019). Profit margin: 9.1% (up from 5.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.