View Future GrowthFeei Cherng Develop Technology 過去の業績過去 基準チェック /06Feei Cherng Develop Technologyは9.2%の年平均成長率で業績を伸ばしているが、Electronic業界はgrowingで0.4%毎年増加している。売上は減少しており、年平均23.2%の割合である。主要情報9.21%収益成長率15.11%EPS成長率Electronic 業界の成長14.81%収益成長率-23.16%株主資本利益率-1.98%ネット・マージン-276.04%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.07 (vs NT$0.084 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.07 (up from NT$0.084 loss in 1Q 2025). Net income: NT$15.5m (up NT$30.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.35 loss per share (vs NT$1.03 profit in FY 2024)Full year 2025 results: NT$0.35 loss per share (down from NT$1.03 profit in FY 2024). Net loss: NT$73.7m (down 142% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.10 loss in 3Q 2024)Third quarter 2025 results: NT$0.06 loss per share (improved from NT$0.10 loss in 3Q 2024). Net loss: NT$13.5m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.24 loss in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (improved from NT$0.24 loss in 2Q 2024). Net loss: NT$34.9m (loss narrowed 15% from 2Q 2024). 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 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$1.59 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$1.59 profit in 1Q 2024). Net loss: NT$14.5m (down 105% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Feei Cherng Develop Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025すべての更新を表示Recent updatesReported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.07 (vs NT$0.084 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.07 (up from NT$0.084 loss in 1Q 2025). Net income: NT$15.5m (up NT$30.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.35 loss per share (vs NT$1.03 profit in FY 2024)Full year 2025 results: NT$0.35 loss per share (down from NT$1.03 profit in FY 2024). Net loss: NT$73.7m (down 142% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 12Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 29, 2026Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,250, sec.2 yung hua rd., an ping district, tainan city TaiwanBoard Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Manager & Director Tung-Hung Li was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.4m) 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 Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$13m revenue, or US$403k). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$3.11b market cap, or US$98.4m).お知らせ • Dec 30Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) acquired 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) for approximately TWD 390 million.Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) proposed to acquire 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) for approximately TWD 390 million on December 10, 2025. A cash consideration of TWD 315 million will be paid by Myson Century, Inc. and Feei Cherng Develop Technology Co., Ltd. As part of consideration, TWD 315 million is paid towards common equity of Ever-Clear Environmental Eng. Corp. The transaction is subject to minimum tender of 9.39 million shares. The expected completion of the transaction is December 29, 2025. Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) completed the acquisition of 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) on December 29, 2025. Minimum tender achieved in the transaction.New Risk • Nov 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.98b (US$95.3m) 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 Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$13m revenue, or US$408k). Minor Risk Market cap is less than US$100m (NT$2.98b market cap, or US$95.3m).Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.10 loss in 3Q 2024)Third quarter 2025 results: NT$0.06 loss per share (improved from NT$0.10 loss in 3Q 2024). Net loss: NT$13.5m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Board Change • Nov 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cheng-Chen Yeh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • Sep 26New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$14m revenue, or US$472k). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.24 loss in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (improved from NT$0.24 loss in 2Q 2024). Net loss: NT$34.9m (loss narrowed 15% from 2Q 2024). 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 6% per year, which means it is significantly lagging earnings growth.New Risk • Jul 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.93b (US$99.6m) 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 Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$25m revenue, or US$847k). Minor Risk Market cap is less than US$100m (NT$2.93b market cap, or US$99.6m).Reported Earnings • May 14First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$1.59 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$1.59 profit in 1Q 2024). Net loss: NT$14.5m (down 105% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Feei Cherng Develop Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025New Risk • Apr 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (105% accrual ratio). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Revenue is less than US$5m (NT$37m revenue, or US$1.1m). Market cap is less than US$100m (NT$2.73b market cap, or US$83.9m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$11.50, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 6.2% over the past three years.New Risk • Mar 31New 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 6.5% 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: Major Risk High level of non-cash earnings (105% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (NT$37m revenue, or US$1.1m). Market cap is less than US$100m (NT$2.40b market cap, or US$72.1m).お知らせ • Mar 04Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 23, 2025Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 13:00 Taipei Standard Time. Location: 4 floor no,250, sec.2 yung hua rd., an ping district, tainan city Taiwanお知らせ • Mar 01Feei Cherng Develop Technology Co., Ltd. announced that it expects to receive funding from Sun Yad Construction Co.,Ltd, U-Best Innovative Technology Co., Ltd., Myson Century, Inc.Feei Cherng Develop Technology Co., Ltd. announced a private placement of not more than 50,000,000 common shares on February 27, 2025. The transaction will include participation from Mason Holdings Co., Ltd., U-BEST INNOVATIVE TECHNOLOGY CO., LTD., Zhang Youming, SUN YAD CONSTRUCTION CO., LTD, Key Rich Investment Co., Ltd., Yang Zhiming, Chang Shuo-wen, Myson Century, Inc., Jin Hong Co., Ltd., Chung Ching Technology Co., Ltd., Voyage Investment Co., Ltd. The transaction has been approved by the shareholders of the company.お知らせ • Feb 20Feei Cherng Develop Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.10 loss per share (vs NT$0.081 loss in 3Q 2023)Third quarter 2024 results: NT$0.10 loss per share (further deteriorated from NT$0.081 loss in 3Q 2023). Net loss: NT$17.4m (loss widened 60% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 02Feei Cherng Develop Technology Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Feei Cherng Develop Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024お知らせ • Oct 22Feei Cherng Develop Technology Co., Ltd. Announces the Appointment of Members of the Audit CommitteeFeei Cherng Develop Technology Co., Ltd. announced the appointment of members of the Audit Committee. Name of the new position holder: LIEN, CHUNG-YUEH; YEH, CHENG-CHEN and Tuan, I-Chun. Resume of the new position holder: LIEN, CHUNG-YUEH/Consultant of Lio Energy Technology Co., Ltd.; YEH, CHENG-CHEN/@Huangyi Development and Construction Co., Ltd. CEO B Gordon Advertising Co., Ltd. Deputy General Manager and Tuan, I-Chun/@ Part-time lecturer at National Sun Yat-sen University, Department of Information Management Doctoral candidate in the Doctoral Program of Business Administration at National Sun Yat-sen University Consultant for the Direct Sales Division of Global Life Insurance Vice President of Nanshan Life Insurance. Effective date of the new member: 21 October 2024.お知らせ • Aug 22+ 1 more updateFeei Cherng Develop Technology Co., Ltd. Announces the Resignation of Yang, Ju-Huei as Member of Audit Committee, Compensation Committee, Corporate Governance Committee and Nomination CommitteeFeei Cherng Develop Technology Co., Ltd. announced the resignation of YANG, JU-HUEI as Member of Audit Committee, Compensation Committee, Corporate Governance Committee and Nomination Committee. Resume of the previous position holder: YANG, JU-HUEI/Legal Representative of CTBC Securities Co., Ltd. and Independent Director of BEDDING WORLD CO.,LTD. Reason for the change: Due to personal commitments.Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.24 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.24 loss per share (further deteriorated from NT$0.15 loss in 2Q 2023). Net loss: NT$40.9m (loss widened 128% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$96.2m) 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$56m revenue, or US$1.7m). Market cap is less than US$100m (NT$3.16b market cap, or US$96.2m).お知らせ • Aug 02Feei Cherng Develop Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Feei Cherng Develop Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.35, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.お知らせ • May 25+ 3 more updatesFeei Cherng Develop Technology Co., Ltd. Approves Election for Directors and SupervisorsFeei Cherng Develop Technology Co., Ltd. at the AGM held on May 24, 2024, approved election for directors and supervisors. Election results are as follows: The term is from May 24, 2024, to May 23, 2027, a total of three years. Director: Representative designated by Mason Holdings Co., Ltd.: Chang Yu-Ming. Director: Representative designated by Mason Holdings Co., Ltd.: TSENG, PONG-KUANG. Director: Representative designated by U-BEST INNOVATIVE TECHNOLOGY CO., LTD: Huang Nan-Hao. Director: Representative designated by Qifu Investment Co., Ltd.: TSAI, CHIEN-HSIEN; Independent Director: HU, JING-XI; Independent Director: CHEN, YU-WEN; Independent Director: YANG, JU-HUEI.New Risk • May 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$56m revenue, or US$1.7m).Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$1.59 (vs NT$0.10 in 1Q 2023)First quarter 2024 results: EPS: NT$1.59 (up from NT$0.10 in 1Q 2023). Net income: NT$268.8m (up NT$256.5m from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 97% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$45m revenue, or US$1.4m).Reported Earnings • Mar 08Full year 2023 earnings released: EPS: NT$0.01 (vs NT$1.46 loss in FY 2022)Full year 2023 results: EPS: NT$0.01 (up from NT$1.46 loss in FY 2022). Revenue: NT$44.9m (up 404% from FY 2022). Net income: NT$1.75m (up NT$175.1m from FY 2022). Profit margin: 3.9% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.お知らせ • Feb 28Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 24, 2024Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 24, 2024. Location: Meeting Room, 18th Floor, No. 248, Section 2, Yonghua Road, Anping District, Tainan City Taianan Taiwan Agenda: To consider 2023 Annual Business Report; to consider audit Committee's review of the 2023 Annual Financial Statements; to consider report on the implementation of privately placed securities; and to consider other matters.New Risk • Feb 09New 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: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (NT$31m revenue, or US$972k). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (42% increase in shares outstanding). Market cap is less than US$100m (NT$2.29b market cap, or US$72.8m).Reported Earnings • Nov 16Third quarter 2023 earnings released: NT$0.08 loss per share (vs NT$0.42 loss in 3Q 2022)Third quarter 2023 results: NT$0.08 loss per share (improved from NT$0.42 loss in 3Q 2022). Net loss: NT$10.9m (loss narrowed 78% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% 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.New Risk • Sep 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (NT$6.3m revenue, or US$195k). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$1.49b market cap, or US$46.3m).Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: NT$18.0m (loss narrowed 71% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 15Full year 2022 earnings released: NT$1.46 loss per share (vs NT$0.42 profit in FY 2021)Full year 2022 results: NT$1.46 loss per share (down from NT$0.42 profit in FY 2021). Net loss: NT$173.4m (down NT$215.7m from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.42 loss per share (vs NT$0.19 loss in 3Q 2021)Third quarter 2022 results: NT$0.42 loss per share (further deteriorated from NT$0.19 loss in 3Q 2021). Net loss: NT$50.0m (loss widened 171% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.52 loss per share (vs NT$0.08 loss in 2Q 2021)Second quarter 2022 results: NT$0.52 loss per share (down from NT$0.08 loss in 2Q 2021). Revenue: NT$1.94m (down 96% from 2Q 2021). Net loss: NT$61.2m (loss widened NT$53.3m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.15 loss per share (vs NT$0.30 loss in 1Q 2021)First quarter 2022 results: NT$0.15 loss per share (up from NT$0.30 loss in 1Q 2021). Revenue: NT$1.78m (up 23% from 1Q 2021). Net loss: NT$17.3m (loss narrowed 42% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$12.10, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 43% over the past three years.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$13.20, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 40% over the past three years.Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.42 (up from NT$0.30 loss in FY 2020). Revenue: NT$71.9m (flat on FY 2020). Net income: NT$42.3m (up NT$70.7m from FY 2020). Profit margin: 59% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2021 earnings released: NT$0.19 loss per share (vs NT$0.064 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$22.7m (up 28% from 3Q 2020). Net loss: NT$18.5m (loss widened 190% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 02Second quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.099 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$45.6m (up 67% from 2Q 2020). Net loss: NT$7.91m (loss narrowed 15% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 14First quarter 2021 earnings released: NT$0.30 loss per share (vs NT$0.001 profit in 1Q 2020)First quarter 2021 results: Net loss: NT$30.0m (down NT$30.0m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year and the company’s share price has also fallen by 35% per year.分析記事 • Apr 12Feei Cherng Enterprise (GTSM:3313) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Reported Earnings • Mar 20Full year 2020 earnings released: NT$0.30 loss per share (vs NT$0.14 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$72.4m (down 72% from FY 2019). Net loss: NT$28.4m (loss widened 135% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 10Feei Cherng Enterprise Co., Ltd., Annual General Meeting, May 25, 2021Feei Cherng Enterprise Co., Ltd., Annual General Meeting, May 25, 2021.Is New 90 Day High Low • Jan 12New 90-day low: NT$11.60The company is down 6.0% from its price of NT$12.40 on 15 October 2020. The Taiwanese market is up 19% 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 28We Think Feei Cherng Enterprise (GTSM:3313) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Is New 90 Day High Low • Dec 04New 90-day high: NT$12.95The company is up 7.0% from its price of NT$12.15 on 04 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 8.0% over the same period.収支内訳Feei Cherng Develop Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:3313 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 2616-4473031 Dec 2511-7474030 Sep 2513-9979030 Jun 2514-10357031 Mar 2525-10959031 Dec 243717456030 Sep 244822956030 Jun 246723563031 Mar 245625865031 Dec 2345265030 Sep 2331-6156030 Jun 236-10049031 Mar 238-14444031 Dec 229-17340030 Sep 228-3043030 Jun 2229242031 Mar 22725537031 Dec 21724231030 Sep 2178-6922030 Jun 2173-5717031 Mar 2155-5817031 Dec 2072-2818030 Sep 20157-722030 Jun 20172-827031 Mar 20208-629031 Dec 19255-1231030 Sep 19213-1731030 Jun 19202-5470031 Mar 19198-90138031 Dec 18239-28163030 Sep 18369-36191030 Jun 1860121176031 Mar 1880060146031 Dec 17991-58188130 Sep 171,155-115229530 Jun 171,333-1492611131 Mar 171,450-1862861831 Dec 161,530-1562842430 Sep 161,584-2052652930 Jun 161,611-1812693431 Mar 161,626-1962643931 Dec 151,689-1622574530 Sep 151,845-392715030 Jun 151,909-5327552質の高い収益: 3313は現在利益が出ていません。利益率の向上: 3313は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3313は利益を出していないが、過去 5 年間で年間9.2%の割合で損失を削減してきた。成長の加速: 3313の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 3313は利益が出ていないため、過去 1 年間の収益成長をElectronic業界 ( -3.9% ) と比較することは困難です。株主資本利益率高いROE: 3313は現在利益が出ていないため、自己資本利益率 ( -1.98% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 13:36終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Feei Cherng Develop 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
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.07 (vs NT$0.084 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.07 (up from NT$0.084 loss in 1Q 2025). Net income: NT$15.5m (up NT$30.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.35 loss per share (vs NT$1.03 profit in FY 2024)Full year 2025 results: NT$0.35 loss per share (down from NT$1.03 profit in FY 2024). Net loss: NT$73.7m (down 142% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.10 loss in 3Q 2024)Third quarter 2025 results: NT$0.06 loss per share (improved from NT$0.10 loss in 3Q 2024). Net loss: NT$13.5m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.24 loss in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (improved from NT$0.24 loss in 2Q 2024). Net loss: NT$34.9m (loss narrowed 15% from 2Q 2024). 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 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$1.59 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$1.59 profit in 1Q 2024). Net loss: NT$14.5m (down 105% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Feei Cherng Develop Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.07 (vs NT$0.084 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.07 (up from NT$0.084 loss in 1Q 2025). Net income: NT$15.5m (up NT$30.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.35 loss per share (vs NT$1.03 profit in FY 2024)Full year 2025 results: NT$0.35 loss per share (down from NT$1.03 profit in FY 2024). Net loss: NT$73.7m (down 142% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 12Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 29, 2026Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,250, sec.2 yung hua rd., an ping district, tainan city Taiwan
Board Change • Feb 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Manager & Director Tung-Hung Li was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.4m) 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 Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$13m revenue, or US$403k). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$3.11b market cap, or US$98.4m).
お知らせ • Dec 30Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) acquired 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) for approximately TWD 390 million.Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) proposed to acquire 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) for approximately TWD 390 million on December 10, 2025. A cash consideration of TWD 315 million will be paid by Myson Century, Inc. and Feei Cherng Develop Technology Co., Ltd. As part of consideration, TWD 315 million is paid towards common equity of Ever-Clear Environmental Eng. Corp. The transaction is subject to minimum tender of 9.39 million shares. The expected completion of the transaction is December 29, 2025. Myson Century, Inc. (TPEX:5314) and Feei Cherng Develop Technology Co., Ltd. (TPEX:3313) completed the acquisition of 55.63% stake in Ever-Clear Environmental Eng. Corp. (TPEX:6624) on December 29, 2025. Minimum tender achieved in the transaction.
New Risk • Nov 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.98b (US$95.3m) 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 Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$13m revenue, or US$408k). Minor Risk Market cap is less than US$100m (NT$2.98b market cap, or US$95.3m).
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.10 loss in 3Q 2024)Third quarter 2025 results: NT$0.06 loss per share (improved from NT$0.10 loss in 3Q 2024). Net loss: NT$13.5m (loss narrowed 23% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cheng-Chen Yeh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • Sep 26New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$14m revenue, or US$472k). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.24 loss in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (improved from NT$0.24 loss in 2Q 2024). Net loss: NT$34.9m (loss narrowed 15% from 2Q 2024). 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 6% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$2.93b (US$99.6m) 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 Risks Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (NT$25m revenue, or US$847k). Minor Risk Market cap is less than US$100m (NT$2.93b market cap, or US$99.6m).
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.08 loss per share (vs NT$1.59 profit in 1Q 2024)First quarter 2025 results: NT$0.08 loss per share (down from NT$1.59 profit in 1Q 2024). Net loss: NT$14.5m (down 105% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Feei Cherng Develop Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
New Risk • Apr 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (105% accrual ratio). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Revenue is less than US$5m (NT$37m revenue, or US$1.1m). Market cap is less than US$100m (NT$2.73b market cap, or US$83.9m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$11.50, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 6.2% over the past three years.
New Risk • Mar 31New 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 6.5% 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: Major Risk High level of non-cash earnings (105% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (NT$37m revenue, or US$1.1m). Market cap is less than US$100m (NT$2.40b market cap, or US$72.1m).
お知らせ • Mar 04Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 23, 2025Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 13:00 Taipei Standard Time. Location: 4 floor no,250, sec.2 yung hua rd., an ping district, tainan city Taiwan
お知らせ • Mar 01Feei Cherng Develop Technology Co., Ltd. announced that it expects to receive funding from Sun Yad Construction Co.,Ltd, U-Best Innovative Technology Co., Ltd., Myson Century, Inc.Feei Cherng Develop Technology Co., Ltd. announced a private placement of not more than 50,000,000 common shares on February 27, 2025. The transaction will include participation from Mason Holdings Co., Ltd., U-BEST INNOVATIVE TECHNOLOGY CO., LTD., Zhang Youming, SUN YAD CONSTRUCTION CO., LTD, Key Rich Investment Co., Ltd., Yang Zhiming, Chang Shuo-wen, Myson Century, Inc., Jin Hong Co., Ltd., Chung Ching Technology Co., Ltd., Voyage Investment Co., Ltd. The transaction has been approved by the shareholders of the company.
お知らせ • Feb 20Feei Cherng Develop Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Feei Cherng Develop Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.10 loss per share (vs NT$0.081 loss in 3Q 2023)Third quarter 2024 results: NT$0.10 loss per share (further deteriorated from NT$0.081 loss in 3Q 2023). Net loss: NT$17.4m (loss widened 60% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 02Feei Cherng Develop Technology Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Feei Cherng Develop Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
お知らせ • Oct 22Feei Cherng Develop Technology Co., Ltd. Announces the Appointment of Members of the Audit CommitteeFeei Cherng Develop Technology Co., Ltd. announced the appointment of members of the Audit Committee. Name of the new position holder: LIEN, CHUNG-YUEH; YEH, CHENG-CHEN and Tuan, I-Chun. Resume of the new position holder: LIEN, CHUNG-YUEH/Consultant of Lio Energy Technology Co., Ltd.; YEH, CHENG-CHEN/@Huangyi Development and Construction Co., Ltd. CEO B Gordon Advertising Co., Ltd. Deputy General Manager and Tuan, I-Chun/@ Part-time lecturer at National Sun Yat-sen University, Department of Information Management Doctoral candidate in the Doctoral Program of Business Administration at National Sun Yat-sen University Consultant for the Direct Sales Division of Global Life Insurance Vice President of Nanshan Life Insurance. Effective date of the new member: 21 October 2024.
お知らせ • Aug 22+ 1 more updateFeei Cherng Develop Technology Co., Ltd. Announces the Resignation of Yang, Ju-Huei as Member of Audit Committee, Compensation Committee, Corporate Governance Committee and Nomination CommitteeFeei Cherng Develop Technology Co., Ltd. announced the resignation of YANG, JU-HUEI as Member of Audit Committee, Compensation Committee, Corporate Governance Committee and Nomination Committee. Resume of the previous position holder: YANG, JU-HUEI/Legal Representative of CTBC Securities Co., Ltd. and Independent Director of BEDDING WORLD CO.,LTD. Reason for the change: Due to personal commitments.
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.24 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.24 loss per share (further deteriorated from NT$0.15 loss in 2Q 2023). Net loss: NT$40.9m (loss widened 128% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$96.2m) 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$56m revenue, or US$1.7m). Market cap is less than US$100m (NT$3.16b market cap, or US$96.2m).
お知らせ • Aug 02Feei Cherng Develop Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Feei Cherng Develop Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.35, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.
お知らせ • May 25+ 3 more updatesFeei Cherng Develop Technology Co., Ltd. Approves Election for Directors and SupervisorsFeei Cherng Develop Technology Co., Ltd. at the AGM held on May 24, 2024, approved election for directors and supervisors. Election results are as follows: The term is from May 24, 2024, to May 23, 2027, a total of three years. Director: Representative designated by Mason Holdings Co., Ltd.: Chang Yu-Ming. Director: Representative designated by Mason Holdings Co., Ltd.: TSENG, PONG-KUANG. Director: Representative designated by U-BEST INNOVATIVE TECHNOLOGY CO., LTD: Huang Nan-Hao. Director: Representative designated by Qifu Investment Co., Ltd.: TSAI, CHIEN-HSIEN; Independent Director: HU, JING-XI; Independent Director: CHEN, YU-WEN; Independent Director: YANG, JU-HUEI.
New Risk • May 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$56m revenue, or US$1.7m).
Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$1.59 (vs NT$0.10 in 1Q 2023)First quarter 2024 results: EPS: NT$1.59 (up from NT$0.10 in 1Q 2023). Net income: NT$268.8m (up NT$256.5m from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 97% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (NT$45m revenue, or US$1.4m).
Reported Earnings • Mar 08Full year 2023 earnings released: EPS: NT$0.01 (vs NT$1.46 loss in FY 2022)Full year 2023 results: EPS: NT$0.01 (up from NT$1.46 loss in FY 2022). Revenue: NT$44.9m (up 404% from FY 2022). Net income: NT$1.75m (up NT$175.1m from FY 2022). Profit margin: 3.9% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
お知らせ • Feb 28Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 24, 2024Feei Cherng Develop Technology Co., Ltd., Annual General Meeting, May 24, 2024. Location: Meeting Room, 18th Floor, No. 248, Section 2, Yonghua Road, Anping District, Tainan City Taianan Taiwan Agenda: To consider 2023 Annual Business Report; to consider audit Committee's review of the 2023 Annual Financial Statements; to consider report on the implementation of privately placed securities; and to consider other matters.
New Risk • Feb 09New 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: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (NT$31m revenue, or US$972k). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (42% increase in shares outstanding). Market cap is less than US$100m (NT$2.29b market cap, or US$72.8m).
Reported Earnings • Nov 16Third quarter 2023 earnings released: NT$0.08 loss per share (vs NT$0.42 loss in 3Q 2022)Third quarter 2023 results: NT$0.08 loss per share (improved from NT$0.42 loss in 3Q 2022). Net loss: NT$10.9m (loss narrowed 78% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% 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.
New Risk • Sep 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (NT$6.3m revenue, or US$195k). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$1.49b market cap, or US$46.3m).
Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Net loss: NT$18.0m (loss narrowed 71% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 15Full year 2022 earnings released: NT$1.46 loss per share (vs NT$0.42 profit in FY 2021)Full year 2022 results: NT$1.46 loss per share (down from NT$0.42 profit in FY 2021). Net loss: NT$173.4m (down NT$215.7m from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.42 loss per share (vs NT$0.19 loss in 3Q 2021)Third quarter 2022 results: NT$0.42 loss per share (further deteriorated from NT$0.19 loss in 3Q 2021). Net loss: NT$50.0m (loss widened 171% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.52 loss per share (vs NT$0.08 loss in 2Q 2021)Second quarter 2022 results: NT$0.52 loss per share (down from NT$0.08 loss in 2Q 2021). Revenue: NT$1.94m (down 96% from 2Q 2021). Net loss: NT$61.2m (loss widened NT$53.3m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.15 loss per share (vs NT$0.30 loss in 1Q 2021)First quarter 2022 results: NT$0.15 loss per share (up from NT$0.30 loss in 1Q 2021). Revenue: NT$1.78m (up 23% from 1Q 2021). Net loss: NT$17.3m (loss narrowed 42% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$12.10, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 43% over the past three years.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$13.20, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 40% over the past three years.
Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.42 (up from NT$0.30 loss in FY 2020). Revenue: NT$71.9m (flat on FY 2020). Net income: NT$42.3m (up NT$70.7m from FY 2020). Profit margin: 59% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2021 earnings released: NT$0.19 loss per share (vs NT$0.064 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$22.7m (up 28% from 3Q 2020). Net loss: NT$18.5m (loss widened 190% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 02Second quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.099 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$45.6m (up 67% from 2Q 2020). Net loss: NT$7.91m (loss narrowed 15% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 14First quarter 2021 earnings released: NT$0.30 loss per share (vs NT$0.001 profit in 1Q 2020)First quarter 2021 results: Net loss: NT$30.0m (down NT$30.0m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year and the company’s share price has also fallen by 35% per year.
分析記事 • Apr 12Feei Cherng Enterprise (GTSM:3313) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Reported Earnings • Mar 20Full year 2020 earnings released: NT$0.30 loss per share (vs NT$0.14 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$72.4m (down 72% from FY 2019). Net loss: NT$28.4m (loss widened 135% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 10Feei Cherng Enterprise Co., Ltd., Annual General Meeting, May 25, 2021Feei Cherng Enterprise Co., Ltd., Annual General Meeting, May 25, 2021.
Is New 90 Day High Low • Jan 12New 90-day low: NT$11.60The company is down 6.0% from its price of NT$12.40 on 15 October 2020. The Taiwanese market is up 19% 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 28We Think Feei Cherng Enterprise (GTSM:3313) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Is New 90 Day High Low • Dec 04New 90-day high: NT$12.95The company is up 7.0% from its price of NT$12.15 on 04 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 8.0% over the same period.