International Integrated Systems（6614）株式概要インターナショナル・インテグレーテッド・システムズ社は、台湾の公共、金融、ヘルスケア、スマートシティ、テレコム・インターネットサービス部門向けに、情報システムの企画・保守、ソフトウェア開発、情報技術コンサルティングサービスを提供している。 詳細6614 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績3/6財務の健全性6/6配当金2/6報酬株価収益率（ 21.6 x） TW市場（ 22.6 x）を下回っています。過去1年間で収益は24%増加しました リスク分析高いレベルの非現金収入 過去5年間で収益は年間4.7%減少しました。 3.66%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る6614 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$41.0033.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture09b2016201920222025202620282031Revenue NT$8.9bEarnings NT$275.7mAdvancedSet Fair ValueView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrativeInternational Integrated Systems, Inc. 競合他社Interactive Digital TechnologiesSymbol: TPEX:6486Market cap: NT$4.2bAres InternationalSymbol: TWSE:2471Market cap: NT$2.5bMercuries Data SystemsSymbol: TWSE:2427Market cap: NT$4.3bKwong Fong IndustriesSymbol: TWSE:1416Market cap: NT$2.1b価格と性能株価の高値、安値、推移の概要International Integrated Systems過去の株価現在の株価NT$41.0052週高値NT$77.0052週安値NT$39.50ベータ01ヶ月の変化1.11%3ヶ月変化-8.28%1年変化-21.15%3年間の変化n/a5年間の変化n/aIPOからの変化-48.94%最新ニュースReported Earnings • Mar 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$2.08 (up from NT$1.70 in FY 2024). Revenue: NT$4.96b (down 2.4% from FY 2024). Net income: NT$153.3m (up 24% from FY 2024). Profit margin: 3.1% (up from 2.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 3.0%.お知らせ • Feb 25International Integrated Systems, Inc., Annual General Meeting, May 27, 2026International Integrated Systems, Inc., Annual General Meeting, May 27, 2026. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city Taiwanお知らせ • Dec 20+ 1 more updateInternational Integrated Systems, Inc. Announces CFO Changes, Effective December 31, 2025International Integrated Systems, Inc. announced a change to the Financial Officer, Accounting Officer and Acting Spokesperson of the Company. Lin, YK, Vice President, Chief Financial Officer of the Company, will retire effective December 31, 2025. Huang, KoWei, Chunghwa Telecom Co. Ltd. Advanced Administrator, Deloitte & Touche Assistant Manager, will be appointed as the new Financial Officer, Accounting Officer and Acting Spokesperson. Effective December 31, 2025.New Risk • Nov 25New 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 8.0% 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 4.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (207% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$47.45, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 9.7% over the past year.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.41 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$1.39b (up 59% from 3Q 2024). Net income: NT$29.6m (up NT$38.2m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan.最新情報をもっと見るRecent updatesReported Earnings • Mar 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$2.08 (up from NT$1.70 in FY 2024). Revenue: NT$4.96b (down 2.4% from FY 2024). Net income: NT$153.3m (up 24% from FY 2024). Profit margin: 3.1% (up from 2.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 3.0%.お知らせ • Feb 25International Integrated Systems, Inc., Annual General Meeting, May 27, 2026International Integrated Systems, Inc., Annual General Meeting, May 27, 2026. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city Taiwanお知らせ • Dec 20+ 1 more updateInternational Integrated Systems, Inc. Announces CFO Changes, Effective December 31, 2025International Integrated Systems, Inc. announced a change to the Financial Officer, Accounting Officer and Acting Spokesperson of the Company. Lin, YK, Vice President, Chief Financial Officer of the Company, will retire effective December 31, 2025. Huang, KoWei, Chunghwa Telecom Co. Ltd. Advanced Administrator, Deloitte & Touche Assistant Manager, will be appointed as the new Financial Officer, Accounting Officer and Acting Spokesperson. Effective December 31, 2025.New Risk • Nov 25New 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 8.0% 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 4.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (207% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$47.45, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 9.7% over the past year.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.41 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$1.39b (up 59% from 3Q 2024). Net income: NT$29.6m (up NT$38.2m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.60, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the IT industry in Taiwan.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.93 (vs NT$1.43 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.93 (down from NT$1.43 in 2Q 2024). Revenue: NT$1.07b (up 1.9% from 2Q 2024). Net income: NT$67.9m (down 35% from 2Q 2024). Profit margin: 6.3% (down from 9.9% in 2Q 2024). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$57.00, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 20x in the IT industry in Taiwan.New Risk • Jun 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.5% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).New Risk • Jun 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change).Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the IT industry in Taiwan.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$3.15b market cap, or US$95.3m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$43.05, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 21x in the IT industry in Taiwan.New Risk • Mar 23New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin).Reported Earnings • Mar 23Full year 2024 earnings released: EPS: NT$1.70 (vs NT$2.31 in FY 2023)Full year 2024 results: EPS: NT$1.70 (down from NT$2.31 in FY 2023). Revenue: NT$5.08b (up 15% from FY 2023). Net income: NT$123.6m (down 27% from FY 2023). Profit margin: 2.4% (down from 3.8% in FY 2023). The decrease in margin was driven by higher expenses.お知らせ • Mar 18International Integrated Systems, Inc., Annual General Meeting, Jun 05, 2025International Integrated Systems, Inc., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city TaiwanNew Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin).Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$66.10, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 20x in the IT industry in Taiwan.株主還元6614TW ITTW 市場7D-1.7%1.6%6.7%1Y-21.2%-9.1%98.2%株主還元を見る業界別リターン: 6614過去 1 年間で-9.1 % の収益を上げたTW IT業界を下回りました。リターン対市場: 6614は、過去 1 年間で98.2 % のリターンを上げたTW市場を下回りました。価格変動Is 6614's price volatile compared to industry and market?6614 volatility6614 Average Weekly Movement4.0%IT Industry Average Movement4.6%Market Average Movement6.0%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 6614 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 6614の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2008n/aZhi-He Wangwww.iisigroup.comインターナショナル・インテグレーテッド・システムズ社は、台湾の公共、金融、医療、スマートシティ、通信・インターネットサービス分野向けに、情報システムの企画・保守、ソフトウェア開発、情報技術コンサルティングサービスを提供している。システム計画、需要分析、フレームワーク設計、プログラミング、システムテスト、教育・訓練、システム構築、システム保守・運用を含むアプリケーション開発サービスを提供している。また、人材派遣を含むアウトソーシングサービス、ソフトウェアのグローバル化サービス、情報技術サービス管理、情報セキュリティ管理、個人情報管理などの各種情報管理コンサルティングサービス、システムインテグレーションおよびITメンテナンスサービス、ビジネスソリューションの販売サービスも提供している。インターナショナル・インテグレーテッド・システムズ, Inc.の前身は株式会社インフォエクスプローラーで、2011年4月に株式会社インターナショナル・インテグレーテッド・システムズに社名変更した。同社は2008年に設立され、台湾の新北市を拠点としている。インターナショナル・インテグレーテッド・システムズ社は中華電信の子会社として運営されている。もっと見るInternational Integrated Systems, Inc. 基礎のまとめInternational Integrated Systems の収益と売上を時価総額と比較するとどうか。6614 基礎統計学時価総額NT$3.31b収益（TTM）NT$153.30m売上高(TTM)NT$4.96b21.6xPER（株価収益率0.7xP/Sレシオ6614 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6614 損益計算書（TTM）収益NT$4.96b売上原価NT$4.32b売上総利益NT$641.10mその他の費用NT$487.80m収益NT$153.30m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）1.90グロス・マージン12.92%純利益率3.09%有利子負債／自己資本比率0%6614 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.7%現在の配当利回り67%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 16:34終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋International Integrated Systems, Inc. 1 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。1 アナリスト機関Zhizhong ChenCapital Securities Corporation
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrative
Reported Earnings • Mar 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$2.08 (up from NT$1.70 in FY 2024). Revenue: NT$4.96b (down 2.4% from FY 2024). Net income: NT$153.3m (up 24% from FY 2024). Profit margin: 3.1% (up from 2.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 3.0%.
お知らせ • Feb 25International Integrated Systems, Inc., Annual General Meeting, May 27, 2026International Integrated Systems, Inc., Annual General Meeting, May 27, 2026. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city Taiwan
お知らせ • Dec 20+ 1 more updateInternational Integrated Systems, Inc. Announces CFO Changes, Effective December 31, 2025International Integrated Systems, Inc. announced a change to the Financial Officer, Accounting Officer and Acting Spokesperson of the Company. Lin, YK, Vice President, Chief Financial Officer of the Company, will retire effective December 31, 2025. Huang, KoWei, Chunghwa Telecom Co. Ltd. Advanced Administrator, Deloitte & Touche Assistant Manager, will be appointed as the new Financial Officer, Accounting Officer and Acting Spokesperson. Effective December 31, 2025.
New Risk • Nov 25New 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 8.0% 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 4.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (207% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$47.45, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 9.7% over the past year.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.41 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$1.39b (up 59% from 3Q 2024). Net income: NT$29.6m (up NT$38.2m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan.
Reported Earnings • Mar 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$2.08 (up from NT$1.70 in FY 2024). Revenue: NT$4.96b (down 2.4% from FY 2024). Net income: NT$153.3m (up 24% from FY 2024). Profit margin: 3.1% (up from 2.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) exceeded analyst estimates by 3.0%.
お知らせ • Feb 25International Integrated Systems, Inc., Annual General Meeting, May 27, 2026International Integrated Systems, Inc., Annual General Meeting, May 27, 2026. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city Taiwan
お知らせ • Dec 20+ 1 more updateInternational Integrated Systems, Inc. Announces CFO Changes, Effective December 31, 2025International Integrated Systems, Inc. announced a change to the Financial Officer, Accounting Officer and Acting Spokesperson of the Company. Lin, YK, Vice President, Chief Financial Officer of the Company, will retire effective December 31, 2025. Huang, KoWei, Chunghwa Telecom Co. Ltd. Advanced Administrator, Deloitte & Touche Assistant Manager, will be appointed as the new Financial Officer, Accounting Officer and Acting Spokesperson. Effective December 31, 2025.
New Risk • Nov 25New 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 8.0% 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 4.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (207% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change).
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$47.45, the stock trades at a trailing P/E ratio of 21.3x. Average forward P/E is 16x in the IT industry in Taiwan. Total loss to shareholders of 9.7% over the past year.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.41 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$1.39b (up 59% from 3Q 2024). Net income: NT$29.6m (up NT$38.2m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Taiwan.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.60, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the IT industry in Taiwan.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.93 (vs NT$1.43 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.93 (down from NT$1.43 in 2Q 2024). Revenue: NT$1.07b (up 1.9% from 2Q 2024). Net income: NT$67.9m (down 35% from 2Q 2024). Profit margin: 6.3% (down from 9.9% in 2Q 2024). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$57.00, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 20x in the IT industry in Taiwan.
New Risk • Jun 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.5% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change).
New Risk • Jun 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change).
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 23x in the IT industry in Taiwan.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$3.15b market cap, or US$95.3m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$43.05, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 21x in the IT industry in Taiwan.
New Risk • Mar 23New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin).
Reported Earnings • Mar 23Full year 2024 earnings released: EPS: NT$1.70 (vs NT$2.31 in FY 2023)Full year 2024 results: EPS: NT$1.70 (down from NT$2.31 in FY 2023). Revenue: NT$5.08b (up 15% from FY 2023). Net income: NT$123.6m (down 27% from FY 2023). Profit margin: 2.4% (down from 3.8% in FY 2023). The decrease in margin was driven by higher expenses.
お知らせ • Mar 18International Integrated Systems, Inc., Annual General Meeting, Jun 05, 2025International Integrated Systems, Inc., Annual General Meeting, Jun 05, 2025, at 10:00 Taipei Standard Time. Location: 1 floor no,133, sec.4 min sheng e. rd., songshan district, taipei city Taiwan
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin).
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$66.10, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 20x in the IT industry in Taiwan.
