View Past PerformanceHi Sharp Intelligence TechnologyLtd バランスシートの健全性財務の健全性 基準チェック /36Hi Sharp Intelligence TechnologyLtdの総株主資本はNT$806.0M 、総負債はNT$743.1Mで、負債比率は92.2%となります。総資産と総負債はそれぞれNT$1.8BとNT$986.9Mです。 Hi Sharp Intelligence TechnologyLtdの EBIT はNT$86.1Mで、利息カバレッジ比率11.2です。現金および短期投資はNT$49.4Mです。主要情報92.20%負債資本比率NT$743.10m負債インタレスト・カバレッジ・レシオ11.2x現金NT$49.43mエクイティNT$805.98m負債合計NT$986.85m総資産NT$1.79b財務の健全性に関する最新情報分析記事 • Feb 07Here's Why Hi Sharp Electronics (GTSM:3128) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...すべての更新を表示Recent updatesReported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$1.32 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$1.32 (down from NT$1.54 in FY 2024). Revenue: NT$1.10b (flat on FY 2024). Net income: NT$61.5m (down 12% from FY 2024). Profit margin: 5.6% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Mar 12Hi Sharp Intelligence Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026Hi Sharp Intelligence Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026. Location: b1 floor no,673, ch`ang hsing rd., bade district, taoyuan city TaiwanReported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.32 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.32 in 3Q 2024). Revenue: NT$263.0m (down 4.7% from 3Q 2024). Net income: NT$16.8m (up 16% from 3Q 2024). Profit margin: 6.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.New Risk • Aug 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.74b market cap, or US$57.5m).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.35 profit in 2Q 2024)Second quarter 2025 results: NT$0.11 loss per share (down from NT$0.35 profit in 2Q 2024). Revenue: NT$266.3m (up 3.9% from 2Q 2024). Net loss: NT$4.80m (down 133% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 15Upcoming dividend of NT$0.19 per shareEligible shareholders must have bought the stock before 22 August 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$45.10, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 185% over the past three years.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$38.55, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$31.35, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$1.08b market cap, or US$35.9m).Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.59 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.59 (up from NT$0.18 in 1Q 2024). Revenue: NT$295.3m (up 24% from 1Q 2024). Net income: NT$24.9m (up 232% from 1Q 2024). Profit margin: 8.4% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$19.80, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$26.30, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.New Risk • Mar 21New 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 6.4% 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 High level of non-cash earnings (22% accrual ratio). Minor Risks High level of debt (69% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.34b market cap, or US$40.7m).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.69 (vs NT$0.90 in FY 2023)Full year 2024 results: EPS: NT$1.69 (up from NT$0.90 in FY 2023). Revenue: NT$1.10b (up 13% from FY 2023). Net income: NT$70.2m (up 89% from FY 2023). Profit margin: 6.4% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. 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 21% per year, which means it is well ahead of earnings.お知らせ • Mar 12Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: b1 floor no,673, ch`ang hsing rd., bade district, taoyuan city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (down from NT$0.36 in 3Q 2023). Revenue: NT$276.1m (up 6.3% from 3Q 2023). Net income: NT$14.5m (down 2.0% from 3Q 2023). Profit margin: 5.3% (down from 5.7% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.15 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.35 (up from NT$0.15 in 2Q 2023). Revenue: NT$256.3m (up 9.8% from 2Q 2023). Net income: NT$14.4m (up 137% from 2Q 2023). Profit margin: 5.6% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$27.30, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.Upcoming Dividend • Jul 25Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.18 (down from NT$0.30 in 1Q 2023). Revenue: NT$239.1m (down 5.8% from 1Q 2023). Net income: NT$7.50m (down 40% from 1Q 2023). Profit margin: 3.1% (down from 4.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.90 (vs NT$1.80 in FY 2022)Full year 2023 results: EPS: NT$0.90 (down from NT$1.80 in FY 2022). Revenue: NT$974.5m (down 9.1% from FY 2022). Net income: NT$37.1m (down 50% from FY 2022). Profit margin: 3.8% (down from 6.9% 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 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 15Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 24, 2024Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 24, 2024.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.45, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 82% over the past three years.New Risk • Jan 29New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$1.35b market cap, or US$43.3m).Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$33.00, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.New Risk • Nov 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Dividend is not well covered by earnings (99% payout ratio). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).New Risk • Nov 15New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (NT$1.27b market cap, or US$39.8m).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.15 (vs NT$0.53 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.15 (down from NT$0.53 in 2Q 2022). Revenue: NT$233.5m (down 16% from 2Q 2022). Net income: NT$6.10m (down 72% from 2Q 2022). Profit margin: 2.6% (down from 7.8% 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 43% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$1.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).New Risk • Jul 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 236% 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: Minor Risks Dividend is not well covered by cash flows (236% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.58b market cap, or US$50.9m).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$43.70, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 288% over the past three years.Buying Opportunity • Apr 20Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be NT$50.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 43%.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.80 (vs NT$0.80 in FY 2021)Full year 2022 results: EPS: NT$1.80 (up from NT$0.80 in FY 2021). Revenue: NT$1.07b (up 15% from FY 2021). Net income: NT$73.8m (up 121% from FY 2021). Profit margin: 6.9% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$53.20, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 356% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 30% share price gain to NT$46.25, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 289% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.55 (up from NT$0.12 in 3Q 2021). Revenue: NT$261.2m (up 22% from 3Q 2021). Net income: NT$22.6m (up 338% from 3Q 2021). Profit margin: 8.7% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.55 (up from NT$0.12 in 3Q 2021). Revenue: NT$261.2m (up 22% from 3Q 2021). Net income: NT$22.6m (up 338% from 3Q 2021). Profit margin: 8.7% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.85, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 137% over the past three years.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$24.60, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 96% over the past three years.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.70, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 124% over the past three years.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.53 (up from NT$0.15 in 2Q 2021). Revenue: NT$277.8m (up 35% from 2Q 2021). Net income: NT$21.7m (up 247% from 2Q 2021). Profit margin: 7.8% (up from 3.0% 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 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.6%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.32 (vs NT$0.16 in 1Q 2021)First quarter 2022 results: EPS: NT$0.32 (up from NT$0.16 in 1Q 2021). Revenue: NT$247.3m (up 9.1% from 1Q 2021). Net income: NT$13.1m (up 93% from 1Q 2021). Profit margin: 5.3% (up from 3.0% in 1Q 2021). The increase in margin was driven by higher revenue. 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 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.80 (vs NT$0.62 in FY 2020)Full year 2021 results: EPS: NT$0.80 (up from NT$0.62 in FY 2020). Revenue: NT$931.8m (up 10.0% from FY 2020). Net income: NT$33.5m (up 30% from FY 2020). Profit margin: 3.6% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$28.90, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.057 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$214.0m (up 2.8% from 3Q 2020). Net income: NT$5.17m (up 120% from 3Q 2020). Profit margin: 2.4% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 20Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 28 September 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.3%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.17 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$206.2m (down 1.3% from 2Q 2020). Net income: NT$6.25m (down 8.9% from 2Q 2020). Profit margin: 3.0% (down from 3.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.16 (vs NT$0.16 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$226.6m (up 12% from 1Q 2020). Net income: NT$6.79m (up 3.9% from 1Q 2020). Profit margin: 3.0% (down from 3.2% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$24.55, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.分析記事 • Apr 18There's Been No Shortage Of Growth Recently For Hi Sharp Electronics' (GTSM:3128) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$0.62 (vs NT$0.61 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$846.8m (up 2.2% from FY 2019). Net income: NT$25.7m (up 2.2% from FY 2019). Profit margin: 3.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 28Investors In Hi Sharp Electronics Co., Ltd. (GTSM:3128) Should Consider This, FirstDividend paying stocks like Hi Sharp Electronics Co., Ltd. ( GTSM:3128 ) tend to be popular with investors, and for...分析記事 • Feb 28Hi Sharp Electronics Co., Ltd.'s (GTSM:3128) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that Hi Sharp Electronics' (GTSM:3128) stock increased significantly by 55% over...Is New 90 Day High Low • Feb 24New 90-day high: NT$21.60The company is up 66% from its price of NT$13.00 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 27% over the same period.分析記事 • Feb 07Here's Why Hi Sharp Electronics (GTSM:3128) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$20.60, the stock is trading at a trailing P/E ratio of 38.1x, up from the previous P/E ratio of 30.7x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 110%.Is New 90 Day High Low • Jan 27New 90-day high: NT$20.60The company is up 60% from its price of NT$12.85 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 28% over the same period.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$19.95, the stock is trading at a trailing P/E ratio of 36.9x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 102%.分析記事 • Jan 17Does Hi Sharp Electronics (GTSM:3128) Have The Makings Of A Multi-Bagger?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Jan 04New 90-day high: NT$16.05The company is up 23% from its price of NT$13.00 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.85, the stock is trading at a trailing P/E ratio of 29.3x, up from the previous P/E ratio of 25.2x. 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 60%.分析記事 • Dec 27Should You Buy Hi Sharp Electronics Co., Ltd. (GTSM:3128) For Its Dividend?Today we'll take a closer look at Hi Sharp Electronics Co., Ltd. ( GTSM:3128 ) from a dividend investor's perspective...Is New 90 Day High Low • Dec 18New 90-day high: NT$13.55The company is up 1.0% from its price of NT$13.35 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.分析記事 • Nov 29Hi Sharp Electronics Co., Ltd. (GTSM:3128) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?Most readers would already know that Hi Sharp Electronics' (GTSM:3128) stock increased by 1.6% over the past week...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$208.2m (down 5.4% from 3Q 2019). Net income: NT$2.35m (down 72% from 3Q 2019). Profit margin: 1.1% (down from 3.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.財務状況分析短期負債: 3128の 短期資産 ( NT$605.8M ) が 短期負債 ( NT$568.7M ) を超えています。長期負債: 3128の短期資産 ( NT$605.8M ) が 長期負債 ( NT$418.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 3128の 純負債対資本比率 ( 86.1% ) は 高い と見なされます。負債の削減: 3128の負債対資本比率は、過去 5 年間で37.5%から92.2%に増加しました。債務返済能力: 3128の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 3128の負債に対する 利息支払い は EBIT ( 11.2 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 09:23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Hi Sharp Intelligence 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
分析記事 • Feb 07Here's Why Hi Sharp Electronics (GTSM:3128) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$1.32 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$1.32 (down from NT$1.54 in FY 2024). Revenue: NT$1.10b (flat on FY 2024). Net income: NT$61.5m (down 12% from FY 2024). Profit margin: 5.6% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Mar 12Hi Sharp Intelligence Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026Hi Sharp Intelligence Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026. Location: b1 floor no,673, ch`ang hsing rd., bade district, taoyuan city Taiwan
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.32 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.32 in 3Q 2024). Revenue: NT$263.0m (down 4.7% from 3Q 2024). Net income: NT$16.8m (up 16% from 3Q 2024). Profit margin: 6.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
New Risk • Aug 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.74b market cap, or US$57.5m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.35 profit in 2Q 2024)Second quarter 2025 results: NT$0.11 loss per share (down from NT$0.35 profit in 2Q 2024). Revenue: NT$266.3m (up 3.9% from 2Q 2024). Net loss: NT$4.80m (down 133% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 15Upcoming dividend of NT$0.19 per shareEligible shareholders must have bought the stock before 22 August 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 9.5% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$45.10, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 185% over the past three years.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$38.55, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 111% over the past three years.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$31.35, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.
New Risk • May 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$1.08b market cap, or US$35.9m).
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.59 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.59 (up from NT$0.18 in 1Q 2024). Revenue: NT$295.3m (up 24% from 1Q 2024). Net income: NT$24.9m (up 232% from 1Q 2024). Profit margin: 8.4% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$19.80, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$26.30, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.
New Risk • Mar 21New 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 6.4% 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 High level of non-cash earnings (22% accrual ratio). Minor Risks High level of debt (69% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.34b market cap, or US$40.7m).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.69 (vs NT$0.90 in FY 2023)Full year 2024 results: EPS: NT$1.69 (up from NT$0.90 in FY 2023). Revenue: NT$1.10b (up 13% from FY 2023). Net income: NT$70.2m (up 89% from FY 2023). Profit margin: 6.4% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. 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 21% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: b1 floor no,673, ch`ang hsing rd., bade district, taoyuan city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.36 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (down from NT$0.36 in 3Q 2023). Revenue: NT$276.1m (up 6.3% from 3Q 2023). Net income: NT$14.5m (down 2.0% from 3Q 2023). Profit margin: 5.3% (down from 5.7% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.15 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.35 (up from NT$0.15 in 2Q 2023). Revenue: NT$256.3m (up 9.8% from 2Q 2023). Net income: NT$14.4m (up 137% from 2Q 2023). Profit margin: 5.6% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$27.30, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Upcoming Dividend • Jul 25Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.18 (down from NT$0.30 in 1Q 2023). Revenue: NT$239.1m (down 5.8% from 1Q 2023). Net income: NT$7.50m (down 40% from 1Q 2023). Profit margin: 3.1% (down from 4.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year.
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.90 (vs NT$1.80 in FY 2022)Full year 2023 results: EPS: NT$0.90 (down from NT$1.80 in FY 2022). Revenue: NT$974.5m (down 9.1% from FY 2022). Net income: NT$37.1m (down 50% from FY 2022). Profit margin: 3.8% (down from 6.9% 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 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 15Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 24, 2024Hi Sharp Electronics Co., Ltd., Annual General Meeting, Jun 24, 2024.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.45, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 82% over the past three years.
New Risk • Jan 29New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$1.35b market cap, or US$43.3m).
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$33.00, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.
New Risk • Nov 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Dividend is not well covered by earnings (99% payout ratio). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).
New Risk • Nov 15New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (NT$1.27b market cap, or US$39.8m).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.15 (vs NT$0.53 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.15 (down from NT$0.53 in 2Q 2022). Revenue: NT$233.5m (down 16% from 2Q 2022). Net income: NT$6.10m (down 72% from 2Q 2022). Profit margin: 2.6% (down from 7.8% 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 43% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$1.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).
New Risk • Jul 19New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 236% 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: Minor Risks Dividend is not well covered by cash flows (236% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.58b market cap, or US$50.9m).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$43.70, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 288% over the past three years.
Buying Opportunity • Apr 20Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be NT$50.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 43%.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.80 (vs NT$0.80 in FY 2021)Full year 2022 results: EPS: NT$1.80 (up from NT$0.80 in FY 2021). Revenue: NT$1.07b (up 15% from FY 2021). Net income: NT$73.8m (up 121% from FY 2021). Profit margin: 6.9% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$53.20, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 356% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 30% share price gain to NT$46.25, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 289% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.55 (up from NT$0.12 in 3Q 2021). Revenue: NT$261.2m (up 22% from 3Q 2021). Net income: NT$22.6m (up 338% from 3Q 2021). Profit margin: 8.7% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.12 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.55 (up from NT$0.12 in 3Q 2021). Revenue: NT$261.2m (up 22% from 3Q 2021). Net income: NT$22.6m (up 338% from 3Q 2021). Profit margin: 8.7% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.85, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 137% over the past three years.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$24.60, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.70, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.53 (up from NT$0.15 in 2Q 2021). Revenue: NT$277.8m (up 35% from 2Q 2021). Net income: NT$21.7m (up 247% from 2Q 2021). Profit margin: 7.8% (up from 3.0% 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 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 03 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.6%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.32 (vs NT$0.16 in 1Q 2021)First quarter 2022 results: EPS: NT$0.32 (up from NT$0.16 in 1Q 2021). Revenue: NT$247.3m (up 9.1% from 1Q 2021). Net income: NT$13.1m (up 93% from 1Q 2021). Profit margin: 5.3% (up from 3.0% in 1Q 2021). The increase in margin was driven by higher revenue. 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 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.80 (vs NT$0.62 in FY 2020)Full year 2021 results: EPS: NT$0.80 (up from NT$0.62 in FY 2020). Revenue: NT$931.8m (up 10.0% from FY 2020). Net income: NT$33.5m (up 30% from FY 2020). Profit margin: 3.6% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$28.90, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.057 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$214.0m (up 2.8% from 3Q 2020). Net income: NT$5.17m (up 120% from 3Q 2020). Profit margin: 2.4% (up from 1.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 20Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 28 September 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.3%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.17 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$206.2m (down 1.3% from 2Q 2020). Net income: NT$6.25m (down 8.9% from 2Q 2020). Profit margin: 3.0% (down from 3.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.16 (vs NT$0.16 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$226.6m (up 12% from 1Q 2020). Net income: NT$6.79m (up 3.9% from 1Q 2020). Profit margin: 3.0% (down from 3.2% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$24.55, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 51% over the past three years.
分析記事 • Apr 18There's Been No Shortage Of Growth Recently For Hi Sharp Electronics' (GTSM:3128) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$0.62 (vs NT$0.61 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$846.8m (up 2.2% from FY 2019). Net income: NT$25.7m (up 2.2% from FY 2019). Profit margin: 3.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 28Investors In Hi Sharp Electronics Co., Ltd. (GTSM:3128) Should Consider This, FirstDividend paying stocks like Hi Sharp Electronics Co., Ltd. ( GTSM:3128 ) tend to be popular with investors, and for...
分析記事 • Feb 28Hi Sharp Electronics Co., Ltd.'s (GTSM:3128) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that Hi Sharp Electronics' (GTSM:3128) stock increased significantly by 55% over...
Is New 90 Day High Low • Feb 24New 90-day high: NT$21.60The company is up 66% from its price of NT$13.00 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 27% over the same period.
分析記事 • Feb 07Here's Why Hi Sharp Electronics (GTSM:3128) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$20.60, the stock is trading at a trailing P/E ratio of 38.1x, up from the previous P/E ratio of 30.7x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 110%.
Is New 90 Day High Low • Jan 27New 90-day high: NT$20.60The company is up 60% from its price of NT$12.85 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 28% over the same period.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$19.95, the stock is trading at a trailing P/E ratio of 36.9x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 102%.
分析記事 • Jan 17Does Hi Sharp Electronics (GTSM:3128) Have The Makings Of A Multi-Bagger?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Jan 04New 90-day high: NT$16.05The company is up 23% from its price of NT$13.00 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.85, the stock is trading at a trailing P/E ratio of 29.3x, up from the previous P/E ratio of 25.2x. 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 60%.
分析記事 • Dec 27Should You Buy Hi Sharp Electronics Co., Ltd. (GTSM:3128) For Its Dividend?Today we'll take a closer look at Hi Sharp Electronics Co., Ltd. ( GTSM:3128 ) from a dividend investor's perspective...
Is New 90 Day High Low • Dec 18New 90-day high: NT$13.55The company is up 1.0% from its price of NT$13.35 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.
分析記事 • Nov 29Hi Sharp Electronics Co., Ltd. (GTSM:3128) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?Most readers would already know that Hi Sharp Electronics' (GTSM:3128) stock increased by 1.6% over the past week...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$208.2m (down 5.4% from 3Q 2019). Net income: NT$2.35m (down 72% from 3Q 2019). Profit margin: 1.1% (down from 3.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.