Howteh Technology（3114）株式概要Howteh Technology Co, Ltd.は、台湾、中国、ベトナムにおいて、能動部品、受動部品、機器の貿易および代理店業務を行っている。 詳細3114 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績3/6財務の健全性5/6配当金3/6報酬株価収益率（ 17.9 x） TW市場（ 23.5 x）を下回っています。過去1年間で収益は78.6%増加しました リスク分析過去5年間で収益は年間7.4%減少しました。 財務結果に影響を与える大きな一時的項目 意味のある時価総額がありません ( NT$3B )2.09%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る3114 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$47.7578.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04b2016201920222025202620282031Revenue NT$2.4bEarnings NT$133.6mAdvancedSet Fair ValueView all narrativesHowteh Technology Co., Ltd. 競合他社Fortune Information SystemsSymbol: TWSE:2468Market cap: NT$2.7bGrandTech C.G. SystemsSymbol: TPEX:6123Market cap: NT$2.6bProfessional Computer TechnologySymbol: TPEX:6270Market cap: NT$2.5bXander InternationalSymbol: TPEX:6118Market cap: NT$1.6b価格と性能株価の高値、安値、推移の概要Howteh Technology過去の株価現在の株価NT$47.7552週高値NT$48.8052週安値NT$22.15ベータ0.201ヶ月の変化78.17%3ヶ月変化80.87%1年変化109.89%3年間の変化81.24%5年間の変化117.52%IPOからの変化172.56%最新ニュースValuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.75, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 42x in the Electronic industry in Taiwan. Total returns to shareholders of 108% over the past three years.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$34.25, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 40x in the Electronic industry in Taiwan. Total returns to shareholders of 49% over the past three years.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.73 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.73 (up from NT$0.30 in 1Q 2025). Revenue: NT$734.1m (up 15% from 1Q 2025). Net income: NT$47.2m (up 145% from 1Q 2025). Profit margin: 6.4% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.New Risk • Apr 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 7.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.66b market cap, or US$51.8m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.22 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$2.22 (up from NT$1.80 in FY 2024). Revenue: NT$3.01b (up 9.0% from FY 2024). Net income: NT$144.2m (up 23% from FY 2024). Profit margin: 4.8% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Mar 12Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city Taiwan最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.75, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 42x in the Electronic industry in Taiwan. Total returns to shareholders of 108% over the past three years.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$34.25, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 40x in the Electronic industry in Taiwan. Total returns to shareholders of 49% over the past three years.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.73 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.73 (up from NT$0.30 in 1Q 2025). Revenue: NT$734.1m (up 15% from 1Q 2025). Net income: NT$47.2m (up 145% from 1Q 2025). Profit margin: 6.4% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.New Risk • Apr 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 7.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.66b market cap, or US$51.8m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.22 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$2.22 (up from NT$1.80 in FY 2024). Revenue: NT$3.01b (up 9.0% from FY 2024). Net income: NT$144.2m (up 23% from FY 2024). Profit margin: 4.8% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Mar 12Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city TaiwanNew Risk • Nov 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 91% 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 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.63b market cap, or US$52.1m).Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.61 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.61 (up from NT$0.14 in 3Q 2024). Revenue: NT$733.6m (up 8.8% from 3Q 2024). Net income: NT$104.7m (up NT$95.7m from 3Q 2024). Profit margin: 14% (up from 1.3% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 16Second quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.34 profit in 2Q 2024)Second quarter 2025 results: NT$0.26 loss per share (down from NT$0.34 profit in 2Q 2024). Revenue: NT$885.9m (up 25% from 2Q 2024). Net loss: NT$17.2m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Declared Dividend • Jun 28Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 11th July 2025 Payment date: 5th August 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 9.9% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.61 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.61 in 1Q 2024). Revenue: NT$637.3m (flat on 1Q 2024). Net income: NT$19.3m (down 52% from 1Q 2024). Profit margin: 3.0% (down from 6.3% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% 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.お知らせ • May 01Howteh Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Howteh Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$21.00, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.80 (vs NT$1.55 in FY 2023)Full year 2024 results: EPS: NT$1.80 (up from NT$1.55 in FY 2023). Revenue: NT$2.76b (flat on FY 2023). Net income: NT$117.0m (up 16% from FY 2023). Profit margin: 4.2% (up from 3.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 14Howteh Technology Co., Ltd., Annual General Meeting, Jun 19, 2025Howteh Technology Co., Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city Taiwanお知らせ • Mar 13Howteh Technology Co., Ltd. Approves the Change of the Accounting OfficerThe Board of Directors of Howteh Technology Co., Ltd. approved the change of the accounting officer. Name, title, and resume of the previous position holder: Lan, Tzu-Chiao, Accounting Manager; Name, title, and resume of the new position holder: Chen, Yi-Ching, Accounting Section Manager (Acting); Reason for the change: resignation; Effective date: March 12, 2025.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.13 (down from NT$0.99 in 3Q 2023). Revenue: NT$674.1m (down 13% from 3Q 2023). Net income: NT$8.97m (down 86% from 3Q 2023). Profit margin: 1.3% (down from 8.4% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 2% per year, which means it is well ahead of earnings.お知らせ • Nov 06Howteh Technology Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Howteh Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.60 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.35 (down from NT$0.60 in 2Q 2023). Revenue: NT$707.5m (down 2.3% from 2Q 2023). Net income: NT$22.5m (down 42% from 2Q 2023). Profit margin: 3.2% (down from 5.4% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Aug 10Howteh Technology Co., Ltd. Announces Change of the Corporate Governance Officer, Effective October 11, 2024Howteh Technology Co., Ltd. announced the change of the corporate governance officer. Name, title, and resume of the previous position holder: Chang, Da-Chien, Vice General Manager, CFO, CGO. Name, title, and resume of the new position holder: Li, Kun-Cheng, Special Assistant to General Manager. Effective date: October 11, 2024.Upcoming Dividend • Jul 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 61% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.21 in 1Q 2023)First quarter 2024 results: EPS: NT$0.61 (up from NT$0.21 in 1Q 2023). Revenue: NT$631.6m (up 6.5% from 1Q 2023). Net income: NT$39.9m (up 195% from 1Q 2023). Profit margin: 6.3% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.55 (vs NT$3.21 in FY 2022)Full year 2023 results: EPS: NT$1.55 (down from NT$3.21 in FY 2022). Revenue: NT$2.74b (down 15% from FY 2022). Net income: NT$100.8m (down 52% from FY 2022). Profit margin: 3.7% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 16Howteh Technology Co., Ltd., Annual General Meeting, Jun 21, 2024Howteh Technology Co., Ltd., Annual General Meeting, Jun 21, 2024. Location: 7th Floor, No. 25, Section 1, Dunhua South Road Tapei City Taiwan Agenda: To consider 2023 business report; to consider the Audit Committee's review report for 2023; to consider the report on the distribution of compensation to employees and directors of 2023; to consider the report on Loaning of Funds and Making of Endorsement and Guarantee in 2023; to consider the report on amendment to the Company's Rules of Procedure for Board of Directors Meetings; to ratify the business report and financial statements for 2023; to ratify the earnings distribution proposal for 2023; to amend the Company's Rules of Procedure for Shareholders' Meetings; to consider the comprehensive re-election of directors; and to consider the case of lifting the non-compete restriction on new directors of the Company.Buy Or Sell Opportunity • Feb 27Now 20% undervaluedOver the last 90 days, the stock has risen 7.0% to NT$29.10. The fair value is estimated to be NT$36.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.Buying Opportunity • Jan 16Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be NT$33.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.Buying Opportunity • Dec 05Now 21% undervaluedOver the last 90 days, the stock is up 1.5%. The fair value is estimated to be NT$34.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.99 (vs NT$1.48 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.99 (down from NT$1.48 in 3Q 2022). Revenue: NT$771.6m (down 4.5% from 3Q 2022). Net income: NT$64.8m (down 33% from 3Q 2022). Profit margin: 8.4% (down from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.60 (vs NT$1.20 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.60 (down from NT$1.20 in 2Q 2022). Revenue: NT$723.9m (down 25% from 2Q 2022). Net income: NT$39.0m (down 50% from 2Q 2022). Profit margin: 5.4% (down from 8.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 25Upcoming dividend of NT$1.30 per share at 4.3% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$3.33 (vs NT$2.28 in FY 2021)Full year 2022 results: EPS: NT$3.33 (up from NT$2.28 in FY 2021). Revenue: NT$3.24b (down 13% from FY 2021). Net income: NT$208.8m (up 46% from FY 2021). Profit margin: 6.4% (up from 3.8% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$1.54 (vs NT$0.81 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.54 (up from NT$0.81 in 3Q 2021). Revenue: NT$807.9m (down 16% from 3Q 2021). Net income: NT$96.5m (up 90% from 3Q 2021). Profit margin: 12% (up from 5.3% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.32 (vs NT$0.37 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.32 (up from NT$0.37 in 2Q 2021). Revenue: NT$964.8m (up 7.3% from 2Q 2021). Net income: NT$78.0m (up 234% from 2Q 2021). Profit margin: 8.1% (up from 2.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Aug 08Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 15 August 2022. Payment date: 14 September 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.6%).Reported Earnings • May 10First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.64 in 1Q 2021). Revenue: NT$754.6m (down 8.6% from 1Q 2021). Net income: NT$52.8m (up 40% from 1Q 2021). Profit margin: 7.0% (up from 4.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$30.90, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.86 (vs NT$0.65 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$957.6m (up 32% from 3Q 2020). Net income: NT$50.9m (up 33% from 3Q 2020). Profit margin: 5.3% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$28.60, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$898.8m (up 14% from 2Q 2020). Net income: NT$23.3m (up 34% from 2Q 2020). Profit margin: 2.6% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 10 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$31.50, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 2.1% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$825.4m (up 4.6% from 1Q 2020). Net income: NT$37.7m (up 102% from 1Q 2020). Profit margin: 4.6% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Apr 26Howteh Technology (GTSM:3114) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.76 (vs NT$2.41 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.19b (down 18% from FY 2019). Net income: NT$104.2m (down 27% from FY 2019). Profit margin: 3.3% (down from 3.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Feb 21Howteh Technology Co., Ltd.'s (GTSM:3114) Stock Is Going Strong: Have Financials A Role To Play?Howteh Technology's (GTSM:3114) stock is up by a considerable 16% over the past three months. As most would know...分析記事 • Feb 03We Think Howteh Technology (GTSM:3114) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is New 90 Day High Low • Jan 20New 90-day high: NT$25.80The company is up 38% from its price of NT$18.65 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period.分析記事 • Jan 16What Can The Trends At Howteh Technology (GTSM:3114) Tell Us About Their Returns?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Dec 28Are Howteh Technology's (GTSM:3114) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.95, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 14.8x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 93%.分析記事 • Dec 10What To Know Before Buying Howteh Technology Co., Ltd. (GTSM:3114) For Its DividendToday we'll take a closer look at Howteh Technology Co., Ltd. ( GTSM:3114 ) from a dividend investor's perspective...Is New 90 Day High Low • Nov 27New 90-day high: NT$20.20The company is up 1.0% from its price of NT$20.05 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.分析記事 • Nov 22Do Fundamentals Have Any Role To Play In Driving Howteh Technology Co., Ltd.'s (GTSM:3114) Stock Up Recently?Howteh Technology's (GTSM:3114) stock is up by 4.8% over the past month. We wonder if and what role the company's...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.65The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$726.4m (down 31% from 3Q 2019). Net income: NT$38.2m (down 6.8% from 3Q 2019). Profit margin: 5.3% (up from 3.9% 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 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Sep 24New 90-day low: NT$18.20The company is down 15% from its price of NT$21.42 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.株主還元3114TW ElectronicTW 市場7D20.0%8.6%7.8%1Y109.9%223.7%109.8%株主還元を見る業界別リターン: 3114過去 1 年間で223.7 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 3114過去 1 年間で109.8 % の収益を上げたTW市場を上回りました。価格変動Is 3114's price volatile compared to industry and market?3114 volatility3114 Average Weekly Movement7.2%Electronic Industry Average Movement9.1%Market Average Movement6.3%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 3114 、 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: 3114の 週次ボラティリティ ( 7% ) 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1973n/aKuo-Hung Chenwww.howteh.com.twHowteh Technology Co., Ltd.は台湾、中国、ベトナムで能動部品、受動部品、機器の貿易、代理店業務を行っている。集積回路キャリアボード機器、化学品、原材料、半導体、光学機器を提供。コネクター、FFC、サンダーボルトケーブル、MEMS、同軸ケーブル、変換ケーブル、USBタイプC、オーディオアンプ、LEDコントローラー製品、パワーマネージメント、高周波、ハプティックも提供。また、プリント基板やオプトエレクトロニクス機器も提供している。同社は1973年に設立され、本社は台湾の台北市にある。もっと見るHowteh Technology Co., Ltd. 基礎のまとめHowteh Technology の収益と売上を時価総額と比較するとどうか。3114 基礎統計学時価総額NT$2.80b収益（TTM）NT$172.11m売上高(TTM)NT$3.11b17.9xPER（株価収益率1.0xP/Sレシオ3114 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3114 損益計算書（TTM）収益NT$3.11b売上原価NT$2.79b売上総利益NT$317.44mその他の費用NT$145.33m収益NT$172.11m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.67グロス・マージン10.20%純利益率5.53%有利子負債／自己資本比率35.8%3114 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2.1%現在の配当利回り45%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2026/06/18 12:36終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこの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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Howteh Technology Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.75, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 42x in the Electronic industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$34.25, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 40x in the Electronic industry in Taiwan. Total returns to shareholders of 49% over the past three years.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.73 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.73 (up from NT$0.30 in 1Q 2025). Revenue: NT$734.1m (up 15% from 1Q 2025). Net income: NT$47.2m (up 145% from 1Q 2025). Profit margin: 6.4% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.
New Risk • Apr 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 7.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.66b market cap, or US$51.8m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.22 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$2.22 (up from NT$1.80 in FY 2024). Revenue: NT$3.01b (up 9.0% from FY 2024). Net income: NT$144.2m (up 23% from FY 2024). Profit margin: 4.8% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Mar 12Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city Taiwan
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.75, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 42x in the Electronic industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$34.25, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 40x in the Electronic industry in Taiwan. Total returns to shareholders of 49% over the past three years.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.73 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.73 (up from NT$0.30 in 1Q 2025). Revenue: NT$734.1m (up 15% from 1Q 2025). Net income: NT$47.2m (up 145% from 1Q 2025). Profit margin: 6.4% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.
New Risk • Apr 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 7.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.66b market cap, or US$51.8m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.22 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$2.22 (up from NT$1.80 in FY 2024). Revenue: NT$3.01b (up 9.0% from FY 2024). Net income: NT$144.2m (up 23% from FY 2024). Profit margin: 4.8% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Mar 12Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026Howteh Technology Co., Ltd., Annual General Meeting, Jun 11, 2026. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city Taiwan
New Risk • Nov 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 91% 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 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.63b market cap, or US$52.1m).
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.61 (vs NT$0.14 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.61 (up from NT$0.14 in 3Q 2024). Revenue: NT$733.6m (up 8.8% from 3Q 2024). Net income: NT$104.7m (up NT$95.7m from 3Q 2024). Profit margin: 14% (up from 1.3% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 16Second quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.34 profit in 2Q 2024)Second quarter 2025 results: NT$0.26 loss per share (down from NT$0.34 profit in 2Q 2024). Revenue: NT$885.9m (up 25% from 2Q 2024). Net loss: NT$17.2m (down 177% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jun 28Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 11th July 2025 Payment date: 5th August 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 9.9% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.61 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.61 in 1Q 2024). Revenue: NT$637.3m (flat on 1Q 2024). Net income: NT$19.3m (down 52% from 1Q 2024). Profit margin: 3.0% (down from 6.3% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% 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.
お知らせ • May 01Howteh Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Howteh Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$21.00, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.80 (vs NT$1.55 in FY 2023)Full year 2024 results: EPS: NT$1.80 (up from NT$1.55 in FY 2023). Revenue: NT$2.76b (flat on FY 2023). Net income: NT$117.0m (up 16% from FY 2023). Profit margin: 4.2% (up from 3.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 14Howteh Technology Co., Ltd., Annual General Meeting, Jun 19, 2025Howteh Technology Co., Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: 6 floor no,25, sec.1 tun hua s. rd., taipei city Taiwan
お知らせ • Mar 13Howteh Technology Co., Ltd. Approves the Change of the Accounting OfficerThe Board of Directors of Howteh Technology Co., Ltd. approved the change of the accounting officer. Name, title, and resume of the previous position holder: Lan, Tzu-Chiao, Accounting Manager; Name, title, and resume of the new position holder: Chen, Yi-Ching, Accounting Section Manager (Acting); Reason for the change: resignation; Effective date: March 12, 2025.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.13 (down from NT$0.99 in 3Q 2023). Revenue: NT$674.1m (down 13% from 3Q 2023). Net income: NT$8.97m (down 86% from 3Q 2023). Profit margin: 1.3% (down from 8.4% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 06Howteh Technology Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Howteh Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.60 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.35 (down from NT$0.60 in 2Q 2023). Revenue: NT$707.5m (down 2.3% from 2Q 2023). Net income: NT$22.5m (down 42% from 2Q 2023). Profit margin: 3.2% (down from 5.4% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Aug 10Howteh Technology Co., Ltd. Announces Change of the Corporate Governance Officer, Effective October 11, 2024Howteh Technology Co., Ltd. announced the change of the corporate governance officer. Name, title, and resume of the previous position holder: Chang, Da-Chien, Vice General Manager, CFO, CGO. Name, title, and resume of the new position holder: Li, Kun-Cheng, Special Assistant to General Manager. Effective date: October 11, 2024.
Upcoming Dividend • Jul 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 61% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.21 in 1Q 2023)First quarter 2024 results: EPS: NT$0.61 (up from NT$0.21 in 1Q 2023). Revenue: NT$631.6m (up 6.5% from 1Q 2023). Net income: NT$39.9m (up 195% from 1Q 2023). Profit margin: 6.3% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.55 (vs NT$3.21 in FY 2022)Full year 2023 results: EPS: NT$1.55 (down from NT$3.21 in FY 2022). Revenue: NT$2.74b (down 15% from FY 2022). Net income: NT$100.8m (down 52% from FY 2022). Profit margin: 3.7% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 16Howteh Technology Co., Ltd., Annual General Meeting, Jun 21, 2024Howteh Technology Co., Ltd., Annual General Meeting, Jun 21, 2024. Location: 7th Floor, No. 25, Section 1, Dunhua South Road Tapei City Taiwan Agenda: To consider 2023 business report; to consider the Audit Committee's review report for 2023; to consider the report on the distribution of compensation to employees and directors of 2023; to consider the report on Loaning of Funds and Making of Endorsement and Guarantee in 2023; to consider the report on amendment to the Company's Rules of Procedure for Board of Directors Meetings; to ratify the business report and financial statements for 2023; to ratify the earnings distribution proposal for 2023; to amend the Company's Rules of Procedure for Shareholders' Meetings; to consider the comprehensive re-election of directors; and to consider the case of lifting the non-compete restriction on new directors of the Company.
Buy Or Sell Opportunity • Feb 27Now 20% undervaluedOver the last 90 days, the stock has risen 7.0% to NT$29.10. The fair value is estimated to be NT$36.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.
Buying Opportunity • Jan 16Now 21% undervaluedOver the last 90 days, the stock is up 2.3%. The fair value is estimated to be NT$33.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.
Buying Opportunity • Dec 05Now 21% undervaluedOver the last 90 days, the stock is up 1.5%. The fair value is estimated to be NT$34.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 14%.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.99 (vs NT$1.48 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.99 (down from NT$1.48 in 3Q 2022). Revenue: NT$771.6m (down 4.5% from 3Q 2022). Net income: NT$64.8m (down 33% from 3Q 2022). Profit margin: 8.4% (down from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.60 (vs NT$1.20 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.60 (down from NT$1.20 in 2Q 2022). Revenue: NT$723.9m (down 25% from 2Q 2022). Net income: NT$39.0m (down 50% from 2Q 2022). Profit margin: 5.4% (down from 8.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 25Upcoming dividend of NT$1.30 per share at 4.3% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$3.33 (vs NT$2.28 in FY 2021)Full year 2022 results: EPS: NT$3.33 (up from NT$2.28 in FY 2021). Revenue: NT$3.24b (down 13% from FY 2021). Net income: NT$208.8m (up 46% from FY 2021). Profit margin: 6.4% (up from 3.8% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$1.54 (vs NT$0.81 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.54 (up from NT$0.81 in 3Q 2021). Revenue: NT$807.9m (down 16% from 3Q 2021). Net income: NT$96.5m (up 90% from 3Q 2021). Profit margin: 12% (up from 5.3% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.32 (vs NT$0.37 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.32 (up from NT$0.37 in 2Q 2021). Revenue: NT$964.8m (up 7.3% from 2Q 2021). Net income: NT$78.0m (up 234% from 2Q 2021). Profit margin: 8.1% (up from 2.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 08Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 15 August 2022. Payment date: 14 September 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.6%).
Reported Earnings • May 10First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.64 in 1Q 2021). Revenue: NT$754.6m (down 8.6% from 1Q 2021). Net income: NT$52.8m (up 40% from 1Q 2021). Profit margin: 7.0% (up from 4.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$30.90, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.86 (vs NT$0.65 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$957.6m (up 32% from 3Q 2020). Net income: NT$50.9m (up 33% from 3Q 2020). Profit margin: 5.3% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$28.60, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.29 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$898.8m (up 14% from 2Q 2020). Net income: NT$23.3m (up 34% from 2Q 2020). Profit margin: 2.6% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 10 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$31.50, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 2.1% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$825.4m (up 4.6% from 1Q 2020). Net income: NT$37.7m (up 102% from 1Q 2020). Profit margin: 4.6% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Apr 26Howteh Technology (GTSM:3114) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.76 (vs NT$2.41 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.19b (down 18% from FY 2019). Net income: NT$104.2m (down 27% from FY 2019). Profit margin: 3.3% (down from 3.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Feb 21Howteh Technology Co., Ltd.'s (GTSM:3114) Stock Is Going Strong: Have Financials A Role To Play?Howteh Technology's (GTSM:3114) stock is up by a considerable 16% over the past three months. As most would know...
分析記事 • Feb 03We Think Howteh Technology (GTSM:3114) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is New 90 Day High Low • Jan 20New 90-day high: NT$25.80The company is up 38% from its price of NT$18.65 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period.
分析記事 • Jan 16What Can The Trends At Howteh Technology (GTSM:3114) Tell Us About Their Returns?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Dec 28Are Howteh Technology's (GTSM:3114) Statutory Earnings A Good Guide To Its Underlying Profitability?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.95, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 14.8x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 93%.
分析記事 • Dec 10What To Know Before Buying Howteh Technology Co., Ltd. (GTSM:3114) For Its DividendToday we'll take a closer look at Howteh Technology Co., Ltd. ( GTSM:3114 ) from a dividend investor's perspective...
Is New 90 Day High Low • Nov 27New 90-day high: NT$20.20The company is up 1.0% from its price of NT$20.05 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
分析記事 • Nov 22Do Fundamentals Have Any Role To Play In Driving Howteh Technology Co., Ltd.'s (GTSM:3114) Stock Up Recently?Howteh Technology's (GTSM:3114) stock is up by 4.8% over the past month. We wonder if and what role the company's...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.65The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$726.4m (down 31% from 3Q 2019). Net income: NT$38.2m (down 6.8% from 3Q 2019). Profit margin: 5.3% (up from 3.9% 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 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Sep 24New 90-day low: NT$18.20The company is down 15% from its price of NT$21.42 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.
