Joinsoon Electronics Manufacturing（3322）株式概要ジョインスン電子製造株式会社 詳細3322 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6リスク分析負債は営業キャッシュフローで十分にカバーされていない 過去5年間で収益は年間53.8%減少しました。 意味のある時価総額がありません ( NT$2B )すべてのリスクチェックを見る3322 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$14.8510.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-177m4b2016201920222025202620282031Revenue NT$2.3bEarnings NT$195.7mAdvancedSet Fair ValueView all narrativesJoinsoon Electronics Manufacturing CO., LTD. 競合他社Coxon Precise IndustrialSymbol: TWSE:3607Market cap: NT$2.1bKuangli Bio-Tech HoldingsSymbol: TWSE:6431Market cap: NT$1.9bLinkCom ManufacturingLTDSymbol: TPEX:6821Market cap: NT$2.1bLitemax ElectronicsSymbol: TPEX:4995Market cap: NT$1.9b価格と性能株価の高値、安値、推移の概要Joinsoon Electronics Manufacturing過去の株価現在の株価NT$14.8552週高値NT$18.5052週安値NT$11.90ベータ0.891ヶ月の変化10.41%3ヶ月変化15.12%1年変化16.93%3年間の変化-24.81%5年間の変化-8.90%IPOからの変化-15.87%最新ニュースReported Earnings • May 18First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.16 loss in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (further deteriorated from NT$0.16 loss in 1Q 2025). Revenue: NT$784.4m (up 4.6% from 1Q 2025). Net loss: NT$77.6m (loss widened 291% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.New Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).お知らせ • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.最新情報をもっと見るRecent updatesReported Earnings • May 18First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.16 loss in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (further deteriorated from NT$0.16 loss in 1Q 2025). Revenue: NT$784.4m (up 4.6% from 1Q 2025). Net loss: NT$77.6m (loss widened 291% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.New Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).お知らせ • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.87b market cap, or US$62.4m).Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.New Risk • Aug 06New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$59.7m).お知らせ • May 30Joinsoon Electronics Manufacturing CO., LTD. Approves Elections of DirectorsJoinsoon Electronics Manufacturing CO., LTD. at its 2025 annual general shareholders' meeting held on May 29, 2025, approved the election of Director: Huang, Chin-Chi and Independent Directors: Chen, I-Hsun, Chuang, Te-Min and Hsu, Mei-Man.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwanお知らせ • Feb 07Joinsoon Electronics Manufacturing CO., LTD. to Report Fiscal Year 2024 Results on Mar 10, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report fiscal year 2024 results on Mar 10, 2025Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$697.9m (down 22% from 3Q 2023). Net loss: NT$44.7m (down 157% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Oct 22Joinsoon Electronics Manufacturing CO., LTD. to Report Q3, 2024 Results on Nov 07, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q3, 2024 results on Nov 07, 2024Upcoming Dividend • Sep 02Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 02 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.053 profit in 2Q 2023)Second quarter 2024 results: NT$0.21 loss per share (down from NT$0.053 profit in 2Q 2023). Revenue: NT$751.1m (up 28% from 2Q 2023). Net loss: NT$23.6m (down NT$29.4m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Declared Dividend • Aug 10Dividend reduced to NT$0.25Dividend of NT$0.25 is 58% lower than last year. Ex-date: 9th September 2024 Payment date: 2nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 35% EPS decline seen over the last 5 years.お知らせ • Aug 01Joinsoon Electronics Manufacturing CO., LTD. announced a financing transactionJoinsoon Electronics Manufacturing CO., LTD. announced that it will issue common shares to receive funding on July 30, 2024.お知らせ • Jul 27Joinsoon Electronics Manufacturing CO., LTD. to Report Q2, 2024 Results on Aug 08, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024Reported Earnings • May 19First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 1Q 2023). Revenue: NT$613.7m (up 9.2% from 1Q 2023). Net loss: NT$20.6m (loss widened 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.New Risk • May 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 1.2% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$2.41b market cap, or US$74.2m).Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$0.58 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.58 (down from NT$1.45 in FY 2022). Revenue: NT$2.73b (down 1.4% from FY 2022). Net income: NT$62.0m (down 60% from FY 2022). Profit margin: 2.3% (down from 5.6% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Joinsoon Electronics Manufacturing CO., LTD. Approves Dividend Distribution for the Year Ended December 31, 2023Joinsoon Electronics Manufacturing CO., LTD. at the SBM held on March 12, 2024, the board has approved a dividend of appropriations of earnings in cash dividends to shareholders TWD 0.25 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders TWD 27,422,594.お知らせ • Mar 13Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024. Location: 7F.-10, No. 93, Sec. 1, Xintai 5th Rd., Xizhi Dist New Tapei City Taiwan Agenda: To consider Business Report of 2023; to consider Inspection Report of Audit Committee of 2023; to consider Report on 2023 emplyees's and directors' remuneration; to consider ReportSustainable Development Best Practice Principles; to consider Proposal of Business Report and Financial Statements 2023; to accept the Proposal of 2023 earnings distribution.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 5.7% 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 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$2.68b market cap, or US$84.0m).New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.53b market cap, or US$78.1m).Upcoming Dividend • Aug 29Upcoming dividend of NT$0.60 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.1% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.26b market cap, or US$70.8m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.12 in 2Q 2022). Revenue: NT$586.9m (up 4.7% from 2Q 2022). Net income: NT$5.73m (down 56% from 2Q 2022). Profit margin: 1.0% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.45 (vs NT$1.85 in FY 2021)Full year 2022 results: EPS: NT$1.45 (down from NT$1.85 in FY 2021). Revenue: NT$2.77b (down 31% from FY 2021). Net income: NT$155.9m (down 13% from FY 2021). Profit margin: 5.6% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$23.85, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 399% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.35 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.35 in 3Q 2021). Revenue: NT$822.0m (down 24% from 3Q 2021). Net income: NT$88.9m (up 163% from 3Q 2021). Profit margin: 11% (up from 3.1% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$19.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.Upcoming Dividend • Sep 06Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 05 October 2022. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.5%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.011 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.011 loss in 2Q 2021). Revenue: NT$560.7m (down 43% from 2Q 2021). Net income: NT$13.1m (up NT$14.2m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.95, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.10 in 1Q 2021)First quarter 2022 results: EPS: NT$0.29 (up from NT$0.10 in 1Q 2021). Revenue: NT$767.9m (down 15% from 1Q 2021). Net income: NT$31.2m (up 207% from 1Q 2021). Profit margin: 4.1% (up from 1.1% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$25.35, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.95, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.026 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.08b (up 31% from 3Q 2020). Net income: NT$33.8m (up NT$36.4m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.01 loss per share (vs NT$0.067 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$977.6m (up 46% from 2Q 2020). Net loss: NT$1.07m (loss narrowed 83% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$901.2m (up 64% from 1Q 2020). Net income: NT$10.2m (up NT$36.4m from 1Q 2020). Profit margin: 1.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.分析記事 • Apr 22Joinsoon Electronics Manufacturing (GTSM:3322) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Mar 20Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021.Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.41 loss per share (vs NT$0.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$2.94b (up 12% from FY 2019). Net loss: NT$39.4m (loss narrowed 53% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.分析記事 • Mar 18If You Had Bought Joinsoon Electronics Manufacturing (GTSM:3322) Shares A Year Ago You'd Have Earned 268% ReturnsWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...分析記事 • Feb 20We Think Joinsoon Electronics Manufacturing (GTSM:3322) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 20New 90-day high: NT$14.85The company is up 90% from its price of NT$7.80 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.分析記事 • Jan 24Do Investors Have Good Reason To Be Wary Of Joinsoon Electronics Manufacturing CO., LTD.'s (GTSM:3322) 2.0% Dividend Yield?Today we'll take a closer look at Joinsoon Electronics Manufacturing CO., LTD. ( GTSM:3322 ) from a dividend investor's...Is New 90 Day High Low • Jan 14New 90-day high: NT$14.10The company is up 76% from its price of NT$7.99 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.分析記事 • Dec 20What Can The Trends At Joinsoon Electronics Manufacturing (GTSM:3322) Tell Us About Their Returns?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Is New 90 Day High Low • Dec 11New 90-day high: NT$9.13The company is up 14% from its price of NT$8.02 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 15% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$824.7m (up 22% from 3Q 2019). Net loss: NT$2.55m (loss narrowed 69% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.株主還元3322TW ElectronicTW 市場7D-3.3%7.2%5.3%1Y16.9%225.6%109.6%株主還元を見る業界別リターン: 3322過去 1 年間で225.6 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 3322は、過去 1 年間で109.6 % のリターンを上げたTW市場を下回りました。価格変動Is 3322's price volatile compared to industry and market?3322 volatility3322 Average Weekly Movement7.4%Electronic Industry Average Movement9.1%Market Average Movement6.4%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 3322 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3322の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1966n/an/awww.jem.com.twJoinsoon Electronics Manufacturing CO., LTD.は、電子部品およびコンピュータ周辺機器の設計、製造、販売を行っている。コネクティングケーブル、精密コネクタ、外部記憶装置、ワイヤーハーネス、アンテナをはじめ、データ伝送、ケーブルアセンブリ、信号接続、ディスプレイポート、家電製品などを提供している。また、コンサルティングや技術サポート、専門的な設計・製造、OEM/ODMサービスも提供している。同社は1966年に設立され、台湾の新北市に本社を置いている。もっと見るJoinsoon Electronics Manufacturing CO., LTD. 基礎のまとめJoinsoon Electronics Manufacturing の収益と売上を時価総額と比較するとどうか。3322 基礎統計学時価総額NT$2.04b収益（TTM）-NT$174.47m売上高(TTM)NT$3.04b0.7xP/Sレシオ-11.7xPER（株価収益率3322 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3322 損益計算書（TTM）収益NT$3.04b売上原価NT$2.65b売上総利益NT$386.32mその他の費用NT$560.79m収益-NT$174.47m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-1.27グロス・マージン12.71%純利益率-5.74%有利子負債／自己資本比率69.4%3322 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/21 14:43終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Joinsoon Electronics Manufacturing 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 18First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.16 loss in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (further deteriorated from NT$0.16 loss in 1Q 2025). Revenue: NT$784.4m (up 4.6% from 1Q 2025). Net loss: NT$77.6m (loss widened 291% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).
お知らせ • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 18First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.16 loss in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (further deteriorated from NT$0.16 loss in 1Q 2025). Revenue: NT$784.4m (up 4.6% from 1Q 2025). Net loss: NT$77.6m (loss widened 291% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).
お知らせ • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.87b market cap, or US$62.4m).
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
New Risk • Aug 06New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$59.7m).
お知らせ • May 30Joinsoon Electronics Manufacturing CO., LTD. Approves Elections of DirectorsJoinsoon Electronics Manufacturing CO., LTD. at its 2025 annual general shareholders' meeting held on May 29, 2025, approved the election of Director: Huang, Chin-Chi and Independent Directors: Chen, I-Hsun, Chuang, Te-Min and Hsu, Mei-Man.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
お知らせ • Feb 07Joinsoon Electronics Manufacturing CO., LTD. to Report Fiscal Year 2024 Results on Mar 10, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report fiscal year 2024 results on Mar 10, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$697.9m (down 22% from 3Q 2023). Net loss: NT$44.7m (down 157% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Oct 22Joinsoon Electronics Manufacturing CO., LTD. to Report Q3, 2024 Results on Nov 07, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q3, 2024 results on Nov 07, 2024
Upcoming Dividend • Sep 02Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 02 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.053 profit in 2Q 2023)Second quarter 2024 results: NT$0.21 loss per share (down from NT$0.053 profit in 2Q 2023). Revenue: NT$751.1m (up 28% from 2Q 2023). Net loss: NT$23.6m (down NT$29.4m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 10Dividend reduced to NT$0.25Dividend of NT$0.25 is 58% lower than last year. Ex-date: 9th September 2024 Payment date: 2nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 35% EPS decline seen over the last 5 years.
お知らせ • Aug 01Joinsoon Electronics Manufacturing CO., LTD. announced a financing transactionJoinsoon Electronics Manufacturing CO., LTD. announced that it will issue common shares to receive funding on July 30, 2024.
お知らせ • Jul 27Joinsoon Electronics Manufacturing CO., LTD. to Report Q2, 2024 Results on Aug 08, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 1Q 2023). Revenue: NT$613.7m (up 9.2% from 1Q 2023). Net loss: NT$20.6m (loss widened 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
New Risk • May 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 1.2% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$2.41b market cap, or US$74.2m).
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$0.58 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.58 (down from NT$1.45 in FY 2022). Revenue: NT$2.73b (down 1.4% from FY 2022). Net income: NT$62.0m (down 60% from FY 2022). Profit margin: 2.3% (down from 5.6% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Joinsoon Electronics Manufacturing CO., LTD. Approves Dividend Distribution for the Year Ended December 31, 2023Joinsoon Electronics Manufacturing CO., LTD. at the SBM held on March 12, 2024, the board has approved a dividend of appropriations of earnings in cash dividends to shareholders TWD 0.25 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders TWD 27,422,594.
お知らせ • Mar 13Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024. Location: 7F.-10, No. 93, Sec. 1, Xintai 5th Rd., Xizhi Dist New Tapei City Taiwan Agenda: To consider Business Report of 2023; to consider Inspection Report of Audit Committee of 2023; to consider Report on 2023 emplyees's and directors' remuneration; to consider ReportSustainable Development Best Practice Principles; to consider Proposal of Business Report and Financial Statements 2023; to accept the Proposal of 2023 earnings distribution.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 5.7% 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 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$2.68b market cap, or US$84.0m).
New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.53b market cap, or US$78.1m).
Upcoming Dividend • Aug 29Upcoming dividend of NT$0.60 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.1% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.26b market cap, or US$70.8m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.12 in 2Q 2022). Revenue: NT$586.9m (up 4.7% from 2Q 2022). Net income: NT$5.73m (down 56% from 2Q 2022). Profit margin: 1.0% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.45 (vs NT$1.85 in FY 2021)Full year 2022 results: EPS: NT$1.45 (down from NT$1.85 in FY 2021). Revenue: NT$2.77b (down 31% from FY 2021). Net income: NT$155.9m (down 13% from FY 2021). Profit margin: 5.6% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$23.85, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 399% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.35 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.35 in 3Q 2021). Revenue: NT$822.0m (down 24% from 3Q 2021). Net income: NT$88.9m (up 163% from 3Q 2021). Profit margin: 11% (up from 3.1% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$19.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.
Upcoming Dividend • Sep 06Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 05 October 2022. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.5%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.011 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.011 loss in 2Q 2021). Revenue: NT$560.7m (down 43% from 2Q 2021). Net income: NT$13.1m (up NT$14.2m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.95, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.10 in 1Q 2021)First quarter 2022 results: EPS: NT$0.29 (up from NT$0.10 in 1Q 2021). Revenue: NT$767.9m (down 15% from 1Q 2021). Net income: NT$31.2m (up 207% from 1Q 2021). Profit margin: 4.1% (up from 1.1% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$25.35, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.95, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.026 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.08b (up 31% from 3Q 2020). Net income: NT$33.8m (up NT$36.4m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.01 loss per share (vs NT$0.067 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$977.6m (up 46% from 2Q 2020). Net loss: NT$1.07m (loss narrowed 83% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$901.2m (up 64% from 1Q 2020). Net income: NT$10.2m (up NT$36.4m from 1Q 2020). Profit margin: 1.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
分析記事 • Apr 22Joinsoon Electronics Manufacturing (GTSM:3322) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Mar 20Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021.
Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.41 loss per share (vs NT$0.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$2.94b (up 12% from FY 2019). Net loss: NT$39.4m (loss narrowed 53% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
分析記事 • Mar 18If You Had Bought Joinsoon Electronics Manufacturing (GTSM:3322) Shares A Year Ago You'd Have Earned 268% ReturnsWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...
分析記事 • Feb 20We Think Joinsoon Electronics Manufacturing (GTSM:3322) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 20New 90-day high: NT$14.85The company is up 90% from its price of NT$7.80 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.
分析記事 • Jan 24Do Investors Have Good Reason To Be Wary Of Joinsoon Electronics Manufacturing CO., LTD.'s (GTSM:3322) 2.0% Dividend Yield?Today we'll take a closer look at Joinsoon Electronics Manufacturing CO., LTD. ( GTSM:3322 ) from a dividend investor's...
Is New 90 Day High Low • Jan 14New 90-day high: NT$14.10The company is up 76% from its price of NT$7.99 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.
分析記事 • Dec 20What Can The Trends At Joinsoon Electronics Manufacturing (GTSM:3322) Tell Us About Their Returns?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Is New 90 Day High Low • Dec 11New 90-day high: NT$9.13The company is up 14% from its price of NT$8.02 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 15% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$824.7m (up 22% from 3Q 2019). Net loss: NT$2.55m (loss narrowed 69% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
