View Financial HealthDonpon Precision 配当と自社株買い配当金 基準チェック /36Donpon Precisionは配当を支払う会社で、現在の利回りは2.19%ですが、利益によって十分にカバーされています。次の支払い日は 28th July, 2026で、権利落ち日は7th July, 2026 。主要情報2.2%配当利回り6.3%バイバック利回り総株主利回り8.5%将来の配当利回りn/a配当成長3.5%次回配当支払日28 Jul 26配当落ち日07 Jul 26一株当たり配当金n/a配当性向39%最近の配当と自社株買いの更新Upcoming Dividend • Jun 30Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 28 July 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.3%).Upcoming Dividend • Aug 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Upcoming Dividend • Jul 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 July 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Upcoming Dividend • Jun 30Upcoming dividend of NT$0.57 per share at 2.2% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 October 2022. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.5%).Upcoming Dividend • Aug 19Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.2%).すべての更新を表示Recent updatesUpcoming Dividend • Jun 30Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 28 July 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.3%).Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$58.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • May 19First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$2.65 (up from NT$0.45 in 1Q 2025). Revenue: NT$902.2m (up 84% from 1Q 2025). Net income: NT$239.4m (up 486% from 1Q 2025). Profit margin: 27% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 184%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. 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 4% per year.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$2.02 (vs NT$2.89 in FY 2024)Full year 2025 results: EPS: NT$2.02 (down from NT$2.89 in FY 2024). Revenue: NT$2.33b (up 18% from FY 2024). Net income: NT$220.9m (down 12% from FY 2024). Profit margin: 9.5% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$42.20, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 30% over the past three years.お知らせ • Feb 25Donpon Precision Inc., Annual General Meeting, May 21, 2026Donpon Precision Inc., Annual General Meeting, May 21, 2026. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city TaiwanReported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$1.02 (vs NT$0.82 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.02 (up from NT$0.82 in 3Q 2024). Revenue: NT$627.8m (up 15% from 3Q 2024). Net income: NT$91.6m (up 29% from 3Q 2024). Profit margin: 15% (up from 13% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$48.75, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.Upcoming Dividend • Aug 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.42 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.42 in 1Q 2024). Revenue: NT$491.1m (up 29% from 1Q 2024). Net income: NT$40.9m (down 21% from 1Q 2024). Profit margin: 8.3% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16Donpon Precision Inc. to Report Q1, 2025 Results on Apr 23, 2025Donpon Precision Inc. announced that they will report Q1, 2025 results on Apr 23, 2025New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$93.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$3.09b market cap, or US$93.9m).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$26.65, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$2.02 (vs NT$1.14 in FY 2023)Full year 2024 results: EPS: NT$2.02 (up from NT$1.14 in FY 2023). Revenue: NT$1.97b (up 5.6% from FY 2023). Net income: NT$251.1m (up 107% from FY 2023). Profit margin: 13% (up from 6.5% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 26+ 1 more updateDonpon Precision Inc., Annual General Meeting, May 16, 2025Donpon Precision Inc., Annual General Meeting, May 16, 2025. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwanお知らせ • Feb 18Donpon Precision Inc. to Report Q4, 2024 Results on Feb 25, 2025Donpon Precision Inc. announced that they will report Q4, 2024 results on Feb 25, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.56 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.56 in 3Q 2023). Revenue: NT$547.6m (up 10% from 3Q 2023). Net income: NT$71.2m (up 19% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 24Donpon Precision Inc. Announces Appointments of First Members of Sustainable Development CommitteeDonpon Precision Inc. announced sustainable development committee and appointed the first members of the committee. Name of the new position holder: Tai Chien Chang; Guan, Jyh-Liang; Cheng Chuan Shih; Resume of the new position holder: Tai Chien Chang/Chairman and General Manager of the Company; Guan, Jyh-Liang/Independent Director of the Company; Cheng Chuan Shih/Independent Director of the Company. Reason for the change: Establish a Sustainable Development Committee; Effective date of the new member: October 23, 2024.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$40.70, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 201% over the past three years.お知らせ • Oct 16Donpon Precision Inc. to Report Q3, 2024 Results on Oct 23, 2024Donpon Precision Inc. announced that they will report Q3, 2024 results on Oct 23, 2024Buy Or Sell Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to NT$32.75. The fair value is estimated to be NT$40.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 47%.Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 200% over the past three years.Buy Or Sell Opportunity • Sep 04Now 22% undervaluedOver the last 90 days, the stock has risen 13% to NT$32.35. The fair value is estimated to be NT$41.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 47%.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.60 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.60 (up from NT$0.42 in 2Q 2023). Revenue: NT$484.2m (up 2.1% from 2Q 2023). Net income: NT$73.8m (up 71% from 2Q 2023). Profit margin: 15% (up from 9.1% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$25.90, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.25b market cap, or US$99.7m).お知らせ • Jul 25Donpon Precision Inc. Announces of the Members of the Sixth Remuneration Committee, Effective from July 24, 2024Donpon Precision Inc. announced the members of the sixth remuneration committee of the Company. Name of the previous position holder: Wang, Hui-Ling; Guan, Jyh-Liang; Chen, Ying-Shou. Resume of the previous position holder: Wang, Hui-Ling: Independent Director of Donpon Precision Inc.; Guan, Jyh-Liang: Associate Professor, Department of Applied Economics and Management,National Ilan University; Chen, Ying-Shou: Lawyer, Chang Ying & Associates Law Firm. Name of the new position holder: Wang, Hui-Ling; Guan, Jyh-Liang; Chen, Ying-Shou; Cheng Chuan Shih. Resume of the new position holder: Wang, Hui-Ling: Independent Director of Donpon Precision Inc.; Guan, Jyh-Liang: Associate Professor, Department of Applied Economics and Management,National Ilan University; Chen, Ying-Shou: Lawyer, Chang Ying & Associates Law Firm; Cheng Chuan Shih: Chairman of Vast Vision Co. Ltd. Reason for the change: term expired. Effective date of the new member from July 24, 2024.お知らせ • Jul 17Donpon Precision Inc. to Report Q2, 2024 Results on Jul 24, 2024Donpon Precision Inc. announced that they will report Q2, 2024 results on Jul 24, 2024Buy Or Sell Opportunity • Jul 16Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to NT$33.15. The fair value is estimated to be NT$26.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 49%.Upcoming Dividend • Jul 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 July 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.42 (vs NT$0.093 in 1Q 2023)First quarter 2024 results: EPS: NT$0.42 (up from NT$0.093 in 1Q 2023). Revenue: NT$379.6m (up 3.9% from 1Q 2023). Net income: NT$51.9m (up 459% from 1Q 2023). Profit margin: 14% (up from 2.5% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 26Donpon Precision Inc. Announces Executive ChangesDonpon Precision Inc. announced change to the corporate governance officer. Name, title, and resume of the previous position holder: YING,LI-HAO, Vice President of Finance Department. Name, title, and resume of the new position holder: CHIEN,YA-HUI, senior manager. Reason for the change: Career planning. Effective date: April 24, 2024. The company has announced a significant information regarding the change in the corporate governance officer on March 25, 2024. The newly appointed corporate governance officer and spokesperson were approved by the board of directors on April 24, 2024.お知らせ • Apr 19Donpon Precision Inc. to Report Q1, 2024 Results on Apr 24, 2024Donpon Precision Inc. announced that they will report Q1, 2024 results on Apr 24, 2024お知らせ • Mar 26Donpon Precision Inc., Annual General Meeting, Jun 13, 2024Donpon Precision Inc., Annual General Meeting, Jun 13, 2024. Location: NO. 58, SEC. 2, CHANGXING RD., LUZHU DIST., TAOYUAN CITY 338020, Taoyuan City Taiwan Agenda: To consider Annual Operating Report for the Year 2023; Review Report of the Audit Committee on the Financial Statements for the Year 2023; Report on the Distribution of Employee remuneration and Director Remuneration for the Year 2023; Report on the Issuance of the Company's Third Domestic Secured Convertible Corporate Bonds; Report on the Implementation of Private Placement Cash Increase of Capital for the Company; and to discuss other matters.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.14 (vs NT$1.17 in FY 2022)Full year 2023 results: EPS: NT$1.14. Revenue: NT$1.86b (up 3.7% from FY 2022). Net income: NT$121.4m (up 4.1% from FY 2022). Profit margin: 6.5% (in line with FY 2022).New Risk • Jan 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (NT$3.12b market cap, or US$99.3m).New Risk • Sep 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Market cap is less than US$100m (NT$2.76b market cap, or US$86.5m).New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 2.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.50b market cap, or US$78.5m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$0.33 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (up from NT$0.33 in 2Q 2022). Revenue: NT$474.4m (up 19% from 2Q 2022). Net income: NT$43.0m (up 32% from 2Q 2022). Profit margin: 9.1% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 30Upcoming dividend of NT$0.57 per share at 2.2% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$1.17 (vs NT$0.77 in FY 2021)Full year 2022 results: EPS: NT$1.17 (up from NT$0.77 in FY 2021). Revenue: NT$1.79b (up 4.5% from FY 2021). Net income: NT$116.6m (up 52% from FY 2021). Profit margin: 6.5% (up from 4.5% 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 73% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$24.50, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 October 2022. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.5%).Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.045 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.33 (up from NT$0.045 in 2Q 2021). Revenue: NT$398.7m (up 17% from 2Q 2021). Net income: NT$32.7m (up NT$28.2m from 2Q 2021). Profit margin: 8.2% (up from 1.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • May 18First quarter 2022 earnings released: NT$0.38 loss per share (vs NT$0.026 profit in 1Q 2021)First quarter 2022 results: NT$0.38 loss per share (down from NT$0.026 profit in 1Q 2021). Revenue: NT$284.9m (up 2.0% from 1Q 2021). Net loss: NT$38.3m (down NT$40.9m from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$18.90, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 8.3% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.36 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$540.1m (up 4.1% from 3Q 2020). Net income: NT$36.3m (up 2.6% from 3Q 2020). Profit margin: 6.7% (down from 6.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.2%).分析記事 • Apr 16There's Been No Shortage Of Growth Recently For Donpon Precision's (GTSM:3290) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...分析記事 • Mar 25These 4 Measures Indicate That Donpon Precision (GTSM:3290) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 04Robust Earnings May Not Tell The Whole Story For Donpon Precision (GTSM:3290)Donpon Precision Inc.'s ( GTSM:3290 ) robust recent earnings didn't do much to move the stock. We think this is due to...分析記事 • Feb 28Should Weakness in Donpon Precision Inc.'s (GTSM:3290) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?With its stock down 14% over the past three months, it is easy to disregard Donpon Precision (GTSM:3290). But if you...Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$0.61 (vs NT$0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.69b (down 28% from FY 2019). Net income: NT$61.1m (up 253% from FY 2019). Profit margin: 3.6% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% 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.分析記事 • Jan 30Did You Participate In Any Of Donpon Precision's (GTSM:3290) Respectable 34% Return?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...Is New 90 Day High Low • Jan 20New 90-day low: NT$14.55The company is down 7.0% from its price of NT$15.60 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.分析記事 • Dec 26Is Donpon Precision (GTSM:3290) Struggling?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...Is New 90 Day High Low • Nov 28New 90-day high: NT$16.00The company is up 19% from its price of NT$13.50 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.分析記事 • Nov 21Donpon Precision (GTSM:3290) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.36The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$518.9m (down 21% from 3Q 2019). Net income: NT$35.4m (up 63% from 3Q 2019). Profit margin: 6.8% (up from 3.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 21New 90-day high: NT$15.45The company is up 11% from its price of NT$13.95 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.決済の安定と成長配当データの取得安定した配当: 3290の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3290の配当金は過去10年間にわたって増加しています。配当利回り対市場Donpon Precision 配当利回り対市場3290 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (3290)2.2%市場下位25% (TW)1.4%市場トップ25% (TW)4.9%業界平均 (Electronic)1.4%アナリスト予想 (3290) (最長3年)n/a注目すべき配当: 3290の配当金 ( 2.19% ) はTW市場の配当金支払者の下位 25% ( 1.44% ) よりも高くなっています。高配当: 3290の配当金 ( 2.19% ) はTW市場の配当金支払者の上位 25% ( 4.94% ) と比較すると低いです。株主への利益配当収益カバレッジ: 3290の 配当性向 ( 39.1% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 3290は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/09 23:49終値2026/07/09 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Donpon Precision Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Yiho LiuCapital Securities Corporation
Upcoming Dividend • Jun 30Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 28 July 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.3%).
Upcoming Dividend • Aug 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Upcoming Dividend • Jul 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 July 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Upcoming Dividend • Jun 30Upcoming dividend of NT$0.57 per share at 2.2% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 October 2022. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.5%).
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.2%).
Upcoming Dividend • Jun 30Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 July 2026. Payment date: 28 July 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.3%).
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$58.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • May 19First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$2.65 (up from NT$0.45 in 1Q 2025). Revenue: NT$902.2m (up 84% from 1Q 2025). Net income: NT$239.4m (up 486% from 1Q 2025). Profit margin: 27% (up from 8.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 184%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. 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 4% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$2.02 (vs NT$2.89 in FY 2024)Full year 2025 results: EPS: NT$2.02 (down from NT$2.89 in FY 2024). Revenue: NT$2.33b (up 18% from FY 2024). Net income: NT$220.9m (down 12% from FY 2024). Profit margin: 9.5% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$42.20, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 30% over the past three years.
お知らせ • Feb 25Donpon Precision Inc., Annual General Meeting, May 21, 2026Donpon Precision Inc., Annual General Meeting, May 21, 2026. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$1.02 (vs NT$0.82 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.02 (up from NT$0.82 in 3Q 2024). Revenue: NT$627.8m (up 15% from 3Q 2024). Net income: NT$91.6m (up 29% from 3Q 2024). Profit margin: 15% (up from 13% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$48.75, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Upcoming Dividend • Aug 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.42 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.42 in 1Q 2024). Revenue: NT$491.1m (up 29% from 1Q 2024). Net income: NT$40.9m (down 21% from 1Q 2024). Profit margin: 8.3% (down from 14% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16Donpon Precision Inc. to Report Q1, 2025 Results on Apr 23, 2025Donpon Precision Inc. announced that they will report Q1, 2025 results on Apr 23, 2025
New Risk • Apr 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$93.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$3.09b market cap, or US$93.9m).
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$26.65, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$2.02 (vs NT$1.14 in FY 2023)Full year 2024 results: EPS: NT$2.02 (up from NT$1.14 in FY 2023). Revenue: NT$1.97b (up 5.6% from FY 2023). Net income: NT$251.1m (up 107% from FY 2023). Profit margin: 13% (up from 6.5% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 26+ 1 more updateDonpon Precision Inc., Annual General Meeting, May 16, 2025Donpon Precision Inc., Annual General Meeting, May 16, 2025. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan
お知らせ • Feb 18Donpon Precision Inc. to Report Q4, 2024 Results on Feb 25, 2025Donpon Precision Inc. announced that they will report Q4, 2024 results on Feb 25, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.56 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.56 in 3Q 2023). Revenue: NT$547.6m (up 10% from 3Q 2023). Net income: NT$71.2m (up 19% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 24Donpon Precision Inc. Announces Appointments of First Members of Sustainable Development CommitteeDonpon Precision Inc. announced sustainable development committee and appointed the first members of the committee. Name of the new position holder: Tai Chien Chang; Guan, Jyh-Liang; Cheng Chuan Shih; Resume of the new position holder: Tai Chien Chang/Chairman and General Manager of the Company; Guan, Jyh-Liang/Independent Director of the Company; Cheng Chuan Shih/Independent Director of the Company. Reason for the change: Establish a Sustainable Development Committee; Effective date of the new member: October 23, 2024.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$40.70, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 201% over the past three years.
お知らせ • Oct 16Donpon Precision Inc. to Report Q3, 2024 Results on Oct 23, 2024Donpon Precision Inc. announced that they will report Q3, 2024 results on Oct 23, 2024
Buy Or Sell Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to NT$32.75. The fair value is estimated to be NT$40.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 47%.
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 200% over the past three years.
Buy Or Sell Opportunity • Sep 04Now 22% undervaluedOver the last 90 days, the stock has risen 13% to NT$32.35. The fair value is estimated to be NT$41.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 47%.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.60 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.60 (up from NT$0.42 in 2Q 2023). Revenue: NT$484.2m (up 2.1% from 2Q 2023). Net income: NT$73.8m (up 71% from 2Q 2023). Profit margin: 15% (up from 9.1% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$25.90, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.
New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.25b market cap, or US$99.7m).
お知らせ • Jul 25Donpon Precision Inc. Announces of the Members of the Sixth Remuneration Committee, Effective from July 24, 2024Donpon Precision Inc. announced the members of the sixth remuneration committee of the Company. Name of the previous position holder: Wang, Hui-Ling; Guan, Jyh-Liang; Chen, Ying-Shou. Resume of the previous position holder: Wang, Hui-Ling: Independent Director of Donpon Precision Inc.; Guan, Jyh-Liang: Associate Professor, Department of Applied Economics and Management,National Ilan University; Chen, Ying-Shou: Lawyer, Chang Ying & Associates Law Firm. Name of the new position holder: Wang, Hui-Ling; Guan, Jyh-Liang; Chen, Ying-Shou; Cheng Chuan Shih. Resume of the new position holder: Wang, Hui-Ling: Independent Director of Donpon Precision Inc.; Guan, Jyh-Liang: Associate Professor, Department of Applied Economics and Management,National Ilan University; Chen, Ying-Shou: Lawyer, Chang Ying & Associates Law Firm; Cheng Chuan Shih: Chairman of Vast Vision Co. Ltd. Reason for the change: term expired. Effective date of the new member from July 24, 2024.
お知らせ • Jul 17Donpon Precision Inc. to Report Q2, 2024 Results on Jul 24, 2024Donpon Precision Inc. announced that they will report Q2, 2024 results on Jul 24, 2024
Buy Or Sell Opportunity • Jul 16Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to NT$33.15. The fair value is estimated to be NT$26.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 49%.
Upcoming Dividend • Jul 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 July 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.42 (vs NT$0.093 in 1Q 2023)First quarter 2024 results: EPS: NT$0.42 (up from NT$0.093 in 1Q 2023). Revenue: NT$379.6m (up 3.9% from 1Q 2023). Net income: NT$51.9m (up 459% from 1Q 2023). Profit margin: 14% (up from 2.5% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 26Donpon Precision Inc. Announces Executive ChangesDonpon Precision Inc. announced change to the corporate governance officer. Name, title, and resume of the previous position holder: YING,LI-HAO, Vice President of Finance Department. Name, title, and resume of the new position holder: CHIEN,YA-HUI, senior manager. Reason for the change: Career planning. Effective date: April 24, 2024. The company has announced a significant information regarding the change in the corporate governance officer on March 25, 2024. The newly appointed corporate governance officer and spokesperson were approved by the board of directors on April 24, 2024.
お知らせ • Apr 19Donpon Precision Inc. to Report Q1, 2024 Results on Apr 24, 2024Donpon Precision Inc. announced that they will report Q1, 2024 results on Apr 24, 2024
お知らせ • Mar 26Donpon Precision Inc., Annual General Meeting, Jun 13, 2024Donpon Precision Inc., Annual General Meeting, Jun 13, 2024. Location: NO. 58, SEC. 2, CHANGXING RD., LUZHU DIST., TAOYUAN CITY 338020, Taoyuan City Taiwan Agenda: To consider Annual Operating Report for the Year 2023; Review Report of the Audit Committee on the Financial Statements for the Year 2023; Report on the Distribution of Employee remuneration and Director Remuneration for the Year 2023; Report on the Issuance of the Company's Third Domestic Secured Convertible Corporate Bonds; Report on the Implementation of Private Placement Cash Increase of Capital for the Company; and to discuss other matters.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.14 (vs NT$1.17 in FY 2022)Full year 2023 results: EPS: NT$1.14. Revenue: NT$1.86b (up 3.7% from FY 2022). Net income: NT$121.4m (up 4.1% from FY 2022). Profit margin: 6.5% (in line with FY 2022).
New Risk • Jan 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (NT$3.12b market cap, or US$99.3m).
New Risk • Sep 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Market cap is less than US$100m (NT$2.76b market cap, or US$86.5m).
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 2.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.50b market cap, or US$78.5m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$0.33 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (up from NT$0.33 in 2Q 2022). Revenue: NT$474.4m (up 19% from 2Q 2022). Net income: NT$43.0m (up 32% from 2Q 2022). Profit margin: 9.1% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 30Upcoming dividend of NT$0.57 per share at 2.2% yieldEligible shareholders must have bought the stock before 07 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$1.17 (vs NT$0.77 in FY 2021)Full year 2022 results: EPS: NT$1.17 (up from NT$0.77 in FY 2021). Revenue: NT$1.79b (up 4.5% from FY 2021). Net income: NT$116.6m (up 52% from FY 2021). Profit margin: 6.5% (up from 4.5% 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 73% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$24.50, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 October 2022. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.5%).
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.045 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.33 (up from NT$0.045 in 2Q 2021). Revenue: NT$398.7m (up 17% from 2Q 2021). Net income: NT$32.7m (up NT$28.2m from 2Q 2021). Profit margin: 8.2% (up from 1.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 18First quarter 2022 earnings released: NT$0.38 loss per share (vs NT$0.026 profit in 1Q 2021)First quarter 2022 results: NT$0.38 loss per share (down from NT$0.026 profit in 1Q 2021). Revenue: NT$284.9m (up 2.0% from 1Q 2021). Net loss: NT$38.3m (down NT$40.9m from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$18.90, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 8.3% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.36 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$540.1m (up 4.1% from 3Q 2020). Net income: NT$36.3m (up 2.6% from 3Q 2020). Profit margin: 6.7% (down from 6.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.2%).
分析記事 • Apr 16There's Been No Shortage Of Growth Recently For Donpon Precision's (GTSM:3290) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
分析記事 • Mar 25These 4 Measures Indicate That Donpon Precision (GTSM:3290) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 04Robust Earnings May Not Tell The Whole Story For Donpon Precision (GTSM:3290)Donpon Precision Inc.'s ( GTSM:3290 ) robust recent earnings didn't do much to move the stock. We think this is due to...
分析記事 • Feb 28Should Weakness in Donpon Precision Inc.'s (GTSM:3290) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?With its stock down 14% over the past three months, it is easy to disregard Donpon Precision (GTSM:3290). But if you...
Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$0.61 (vs NT$0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.69b (down 28% from FY 2019). Net income: NT$61.1m (up 253% from FY 2019). Profit margin: 3.6% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% 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.
分析記事 • Jan 30Did You Participate In Any Of Donpon Precision's (GTSM:3290) Respectable 34% Return?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
Is New 90 Day High Low • Jan 20New 90-day low: NT$14.55The company is down 7.0% from its price of NT$15.60 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
分析記事 • Dec 26Is Donpon Precision (GTSM:3290) Struggling?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...
Is New 90 Day High Low • Nov 28New 90-day high: NT$16.00The company is up 19% from its price of NT$13.50 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.
分析記事 • Nov 21Donpon Precision (GTSM:3290) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.36The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$518.9m (down 21% from 3Q 2019). Net income: NT$35.4m (up 63% from 3Q 2019). Profit margin: 6.8% (up from 3.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 21New 90-day high: NT$15.45The company is up 11% from its price of NT$13.95 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.