View Past PerformanceCasing Macron Technology バランスシートの健全性財務の健全性 基準チェック /56Casing Macron Technologyの総株主資本はNT$1.1B 、総負債はNT$371.5Mで、負債比率は33.6%となります。総資産と総負債はそれぞれNT$1.8BとNT$739.6Mです。主要情報33.55%負債資本比率NT$371.46m負債インタレスト・カバレッジ・レシオn/a現金NT$340.97mエクイティNT$1.11b負債合計NT$739.59m総資産NT$1.85b財務の健全性に関する最新情報分析記事 • Mar 23Casing Macron Technology (GTSM:3325) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 17Does Casing Macron Technology (GTSM:3325) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: NT$0.71 loss per share (vs NT$0.42 loss in 1Q 2025)First quarter 2026 results: NT$0.71 loss per share (further deteriorated from NT$0.42 loss in 1Q 2025). Revenue: NT$231.2m (down 23% from 1Q 2025). Net loss: NT$64.2m (loss widened 69% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 17Full year 2025 earnings released: NT$1.64 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$1.64 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$1.27b (down 8.3% from FY 2024). Net loss: NT$147.6m (loss widened 85% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% 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 • Mar 12Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 30, 2026Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 30, 2026. Location: 2 floor no,67, sec.1 kuang fu rd., sanchong district, new taipei city TaiwanNew Risk • Jan 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 53% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (NT$1.73b market cap, or US$54.7m).お知らせ • Jan 16Casing Macron Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 260 million.Casing Macron Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 260 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: TWD 13 Security Name: Common Stock Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 13 Transaction Features: Reserved Share Offeringお知らせ • Jan 06Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 22.1 million.Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 22.1 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,700,000 Price\Range: TWD 13Buy Or Sell Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to NT$16.30. The fair value is estimated to be NT$20.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 35%.お知らせ • Dec 17Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 260 million.Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 260 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: TWD 13 Security Name: Common Stock Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 13 Transaction Features: Reserved Share Offering; Rights OfferingNew Risk • Dec 01New 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 Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.58b market cap, or US$50.2m).Buy Or Sell Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to NT$17.00. The fair value is estimated to be NT$21.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 35%.Reported Earnings • Nov 14Third quarter 2025 earnings released: NT$0.35 loss per share (vs NT$0.53 loss in 3Q 2024)Third quarter 2025 results: NT$0.35 loss per share (improved from NT$0.53 loss in 3Q 2024). Revenue: NT$323.0m (down 12% from 3Q 2024). Net loss: NT$31.9m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.31 loss per share (vs NT$0.20 loss in 2Q 2024)Second quarter 2025 results: NT$0.31 loss per share (further deteriorated from NT$0.20 loss in 2Q 2024). Revenue: NT$341.8m (down 8.0% from 2Q 2024). Net loss: NT$27.7m (loss widened 61% from 2Q 2024). 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 7% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.11 profit in 1Q 2024)First quarter 2025 results: NT$0.42 loss per share (down from NT$0.11 profit in 1Q 2024). Revenue: NT$300.6m (down 15% from 1Q 2024). Net loss: NT$37.9m (down 499% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 30Casing Macron Technology Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Casing Macron Technology Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025New Risk • Apr 07New 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 6.7% 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 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.46b market cap, or US$44.1m).Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.89 loss per share (vs NT$0.28 loss in FY 2023)Full year 2024 results: NT$0.89 loss per share (further deteriorated from NT$0.28 loss in FY 2023). Revenue: NT$1.38b (down 17% from FY 2023). Net loss: NT$79.9m (loss widened 233% from FY 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 13Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 26, 2025Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: 2 floor no,67, sec.1 kuang fu rd., sanchong district, new taipei city TaiwanNew Risk • Jan 13New 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 6.3% 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 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$1.53b market cap, or US$46.3m).Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.53 loss per share (vs NT$0.30 loss in 3Q 2023)Third quarter 2024 results: NT$0.53 loss per share (further deteriorated from NT$0.30 loss in 3Q 2023). Revenue: NT$367.4m (down 12% from 3Q 2023). Net loss: NT$48.2m (loss widened 89% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 31Casing Macron Technology Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024Casing Macron Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.20 loss per share (vs NT$0.63 profit in 2Q 2023)Second quarter 2024 results: NT$0.20 loss per share (down from NT$0.63 profit in 2Q 2023). Revenue: NT$371.5m (down 30% from 2Q 2023). Net loss: NT$17.2m (down 132% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Aug 02Casing Macron Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Casing Macron Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.28 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.11 (up from NT$0.28 loss in 1Q 2023). Revenue: NT$354.9m (up 13% from 1Q 2023). Net income: NT$9.51m (up NT$33.5m from 1Q 2023). Profit margin: 2.7% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 16Casing Macron Technology Co., Ltd. announced that it expects to receive TWD 100 million in fundingCasing Macron Technology Co., Ltd. announced a private placement to issue 10,000,000 common shares at an 10 per share for the gross proceeds of TWD 100,000,000 on May 14, 2024. The transaction will include participation from new individual investor ZHAN,XI-LONG. The transaction has been approved by shareholders of the company.お知らせ • May 08Casing Macron Technology Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Casing Macron Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 14, 2024New Risk • Apr 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (NT$3.22b market cap, or US$99.9m).お知らせ • Mar 24Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 27, 2024Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 27, 2024.Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.28 loss per share (vs NT$0.90 loss in FY 2022)Full year 2023 results: NT$0.28 loss per share (improved from NT$0.90 loss in FY 2022). Revenue: NT$1.68b (up 57% from FY 2022). Net loss: NT$24.0m (loss narrowed 69% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% 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 Less than 1 year of cash runway based on free cash flow trend (-NT$209m free cash flow). Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding).New Risk • Nov 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$209m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$209m free cash flow). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.99b market cap, or US$94.5m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.63 (vs NT$0.017 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.63 (up from NT$0.017 loss in 2Q 2022). Revenue: NT$530.0m (up 77% from 2Q 2022). Net income: NT$53.6m (up NT$55.1m from 2Q 2022). Profit margin: 10% (up from net loss in 2Q 2022). 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 104 percentage points per year, which is a significant difference in performance.New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 10% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.20b market cap, or US$71.4m).Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.14 loss per share (vs NT$0.22 loss in 3Q 2021)Third quarter 2022 results: NT$0.14 loss per share (improved from NT$0.22 loss in 3Q 2021). Revenue: NT$211.3m (down 44% from 3Q 2021). Net loss: NT$12.1m (loss narrowed 34% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.14 loss per share (vs NT$0.22 loss in 3Q 2021)Third quarter 2022 results: NT$0.14 loss per share (improved from NT$0.22 loss in 3Q 2021). Revenue: NT$211.3m (down 44% from 3Q 2021). Net loss: NT$12.1m (loss narrowed 34% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.20 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.20 loss in 2Q 2021). Revenue: NT$299.4m (down 13% from 2Q 2021). Net loss: NT$1.44m (loss narrowed 92% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: NT$0.43 loss per share (down from NT$0.016 profit in 1Q 2021). Revenue: NT$258.4m (down 37% from 1Q 2021). Net loss: NT$36.2m (down NT$37.6m from profit in 1Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$0.70 loss per share (down from NT$2.07 profit in FY 2020). Revenue: NT$1.53b (down 31% from FY 2020). Net loss: NT$59.3m (down 138% from profit in FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. 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.Reported Earnings • Nov 10Third quarter 2021 earnings released: NT$0.22 loss per share (vs NT$1.05 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$379.9m (down 51% from 3Q 2020). Net loss: NT$18.2m (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$18.65, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 107% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: NT$0.20 loss per share (vs NT$0.84 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$343.8m (down 47% from 2Q 2020). Net loss: NT$16.8m (down 127% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 10Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 09 September 2021. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (5.2%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.22 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$412.3m (up 26% from 1Q 2020). Net income: NT$1.39m (down 91% from 1Q 2020). Profit margin: 0.3% (down from 4.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 10A Look At The Intrinsic Value Of Casing Macron Technology Co., Ltd. (GTSM:3325)Does the April share price for Casing Macron Technology Co., Ltd. ( GTSM:3325 ) reflect what it's really worth? Today...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$2.06 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.20b (up 31% from FY 2019). Net income: NT$154.7m (up 140% from FY 2019). Profit margin: 7.0% (up from 3.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 23Casing Macron Technology (GTSM:3325) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 05The Case For Casing Macron Technology Co., Ltd. (GTSM:3325): Could It Be A Nice Addition To Your Dividend Portfolio?Dividend paying stocks like Casing Macron Technology Co., Ltd. ( GTSM:3325 ) tend to be popular with investors, and for...Is New 90 Day High Low • Feb 27New 90-day high: NT$29.25The company is up 3.0% from its price of NT$28.45 on 27 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.65, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 89%.分析記事 • Feb 15We're Not Counting On Casing Macron Technology (GTSM:3325) To Sustain Its Statutory ProfitabilityBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...分析記事 • Jan 31Should You Invest In Casing Macron Technology (GTSM:3325)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Is New 90 Day High Low • Jan 29New 90-day low: NT$23.90The company is down 11% from its price of NT$26.80 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 15% over the same period.分析記事 • Jan 16Casing Macron Technology Co., Ltd. (GTSM:3325) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?With its stock down 6.5% over the past three months, it is easy to disregard Casing Macron Technology (GTSM:3325...分析記事 • Jan 01Introducing Casing Macron Technology (GTSM:3325), The Stock That Zoomed 132% In The Last YearWhen you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right stock...Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$28.65, the stock is trading at a trailing P/E ratio of 12.2x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 111%.Is New 90 Day High Low • Dec 21New 90-day low: NT$24.90The company is down 18% from its price of NT$30.45 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 4.0% over the same period.分析記事 • Dec 17Does Casing Macron Technology (GTSM:3325) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 02Casing Macron Technology Co., Ltd. (GTSM:3325) Is An Attractive Dividend Stock - Here's WhyIs Casing Macron Technology Co., Ltd. ( GTSM:3325 ) a good dividend stock? How can we tell? Dividend paying companies...分析記事 • Nov 17We Wouldn't Rely On Casing Macron Technology's (GTSM:3325) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS NT$1.05The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$780.8m (up 82% from 3Q 2019). Net income: NT$78.1m (up 119% from 3Q 2019). Profit margin: 10.0% (up from 8.3% in 3Q 2019). The increase in margin was driven by higher revenue. 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 24% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 02New 90-day low: NT$26.80The company is down 2.0% from its price of NT$27.30 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Tech industry, which is also down 2.0% over the same period.財務状況分析短期負債: 3325の 短期資産 ( NT$1.2B ) が 短期負債 ( NT$653.2M ) を超えています。長期負債: 3325の短期資産 ( NT$1.2B ) が 長期負債 ( NT$86.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 3325の 純負債対資本比率 ( 2.8% ) は 満足できる 水準であると考えられます。負債の削減: 3325の負債対資本比率は、過去 5 年間で13.9%から33.6%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 3325は現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: 3325は利益は出ていませんが、フリーキャッシュフローがプラスで年間14.4 % 減少しているにもかかわらず、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 06:49終値2026/05/20 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Casing Macron Technology Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Mar 23Casing Macron Technology (GTSM:3325) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 17Does Casing Macron Technology (GTSM:3325) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • May 15First quarter 2026 earnings released: NT$0.71 loss per share (vs NT$0.42 loss in 1Q 2025)First quarter 2026 results: NT$0.71 loss per share (further deteriorated from NT$0.42 loss in 1Q 2025). Revenue: NT$231.2m (down 23% from 1Q 2025). Net loss: NT$64.2m (loss widened 69% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: NT$1.64 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$1.64 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$1.27b (down 8.3% from FY 2024). Net loss: NT$147.6m (loss widened 85% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% 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 • Mar 12Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 30, 2026Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 30, 2026. Location: 2 floor no,67, sec.1 kuang fu rd., sanchong district, new taipei city Taiwan
New Risk • Jan 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 53% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (NT$1.73b market cap, or US$54.7m).
お知らせ • Jan 16Casing Macron Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 260 million.Casing Macron Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 260 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: TWD 13 Security Name: Common Stock Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 13 Transaction Features: Reserved Share Offering
お知らせ • Jan 06Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 22.1 million.Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 22.1 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,700,000 Price\Range: TWD 13
Buy Or Sell Opportunity • Jan 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to NT$16.30. The fair value is estimated to be NT$20.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 35%.
お知らせ • Dec 17Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 260 million.Casing Macron Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 260 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 4,000,000 Price\Range: TWD 13 Security Name: Common Stock Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 13 Transaction Features: Reserved Share Offering; Rights Offering
New Risk • Dec 01New 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 Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.58b market cap, or US$50.2m).
Buy Or Sell Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.6% to NT$17.00. The fair value is estimated to be NT$21.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 35%.
Reported Earnings • Nov 14Third quarter 2025 earnings released: NT$0.35 loss per share (vs NT$0.53 loss in 3Q 2024)Third quarter 2025 results: NT$0.35 loss per share (improved from NT$0.53 loss in 3Q 2024). Revenue: NT$323.0m (down 12% from 3Q 2024). Net loss: NT$31.9m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.31 loss per share (vs NT$0.20 loss in 2Q 2024)Second quarter 2025 results: NT$0.31 loss per share (further deteriorated from NT$0.20 loss in 2Q 2024). Revenue: NT$341.8m (down 8.0% from 2Q 2024). Net loss: NT$27.7m (loss widened 61% from 2Q 2024). 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 7% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.11 profit in 1Q 2024)First quarter 2025 results: NT$0.42 loss per share (down from NT$0.11 profit in 1Q 2024). Revenue: NT$300.6m (down 15% from 1Q 2024). Net loss: NT$37.9m (down 499% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 30Casing Macron Technology Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Casing Macron Technology Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Apr 07New 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 6.7% 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 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.46b market cap, or US$44.1m).
Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.89 loss per share (vs NT$0.28 loss in FY 2023)Full year 2024 results: NT$0.89 loss per share (further deteriorated from NT$0.28 loss in FY 2023). Revenue: NT$1.38b (down 17% from FY 2023). Net loss: NT$79.9m (loss widened 233% from FY 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 13Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 26, 2025Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: 2 floor no,67, sec.1 kuang fu rd., sanchong district, new taipei city Taiwan
New Risk • Jan 13New 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 6.3% 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 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$1.53b market cap, or US$46.3m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.53 loss per share (vs NT$0.30 loss in 3Q 2023)Third quarter 2024 results: NT$0.53 loss per share (further deteriorated from NT$0.30 loss in 3Q 2023). Revenue: NT$367.4m (down 12% from 3Q 2023). Net loss: NT$48.2m (loss widened 89% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 31Casing Macron Technology Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024Casing Macron Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.20 loss per share (vs NT$0.63 profit in 2Q 2023)Second quarter 2024 results: NT$0.20 loss per share (down from NT$0.63 profit in 2Q 2023). Revenue: NT$371.5m (down 30% from 2Q 2023). Net loss: NT$17.2m (down 132% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Aug 02Casing Macron Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Casing Macron Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.28 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.11 (up from NT$0.28 loss in 1Q 2023). Revenue: NT$354.9m (up 13% from 1Q 2023). Net income: NT$9.51m (up NT$33.5m from 1Q 2023). Profit margin: 2.7% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 16Casing Macron Technology Co., Ltd. announced that it expects to receive TWD 100 million in fundingCasing Macron Technology Co., Ltd. announced a private placement to issue 10,000,000 common shares at an 10 per share for the gross proceeds of TWD 100,000,000 on May 14, 2024. The transaction will include participation from new individual investor ZHAN,XI-LONG. The transaction has been approved by shareholders of the company.
お知らせ • May 08Casing Macron Technology Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Casing Macron Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 14, 2024
New Risk • Apr 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (NT$3.22b market cap, or US$99.9m).
お知らせ • Mar 24Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 27, 2024Casing Macron Technology Co., Ltd., Annual General Meeting, Jun 27, 2024.
Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.28 loss per share (vs NT$0.90 loss in FY 2022)Full year 2023 results: NT$0.28 loss per share (improved from NT$0.90 loss in FY 2022). Revenue: NT$1.68b (up 57% from FY 2022). Net loss: NT$24.0m (loss narrowed 69% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% 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 Less than 1 year of cash runway based on free cash flow trend (-NT$209m free cash flow). Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding).
New Risk • Nov 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$209m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$209m free cash flow). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.99b market cap, or US$94.5m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.63 (vs NT$0.017 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.63 (up from NT$0.017 loss in 2Q 2022). Revenue: NT$530.0m (up 77% from 2Q 2022). Net income: NT$53.6m (up NT$55.1m from 2Q 2022). Profit margin: 10% (up from net loss in 2Q 2022). 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 104 percentage points per year, which is a significant difference in performance.
New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 10% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.20b market cap, or US$71.4m).
Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.14 loss per share (vs NT$0.22 loss in 3Q 2021)Third quarter 2022 results: NT$0.14 loss per share (improved from NT$0.22 loss in 3Q 2021). Revenue: NT$211.3m (down 44% from 3Q 2021). Net loss: NT$12.1m (loss narrowed 34% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.14 loss per share (vs NT$0.22 loss in 3Q 2021)Third quarter 2022 results: NT$0.14 loss per share (improved from NT$0.22 loss in 3Q 2021). Revenue: NT$211.3m (down 44% from 3Q 2021). Net loss: NT$12.1m (loss narrowed 34% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.20 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.20 loss in 2Q 2021). Revenue: NT$299.4m (down 13% from 2Q 2021). Net loss: NT$1.44m (loss narrowed 92% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: NT$0.43 loss per share (down from NT$0.016 profit in 1Q 2021). Revenue: NT$258.4m (down 37% from 1Q 2021). Net loss: NT$36.2m (down NT$37.6m from profit in 1Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$0.70 loss per share (down from NT$2.07 profit in FY 2020). Revenue: NT$1.53b (down 31% from FY 2020). Net loss: NT$59.3m (down 138% from profit in FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. 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.
Reported Earnings • Nov 10Third quarter 2021 earnings released: NT$0.22 loss per share (vs NT$1.05 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$379.9m (down 51% from 3Q 2020). Net loss: NT$18.2m (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$18.65, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: NT$0.20 loss per share (vs NT$0.84 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$343.8m (down 47% from 2Q 2020). Net loss: NT$16.8m (down 127% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 10Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 09 September 2021. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (5.2%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.22 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$412.3m (up 26% from 1Q 2020). Net income: NT$1.39m (down 91% from 1Q 2020). Profit margin: 0.3% (down from 4.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 10A Look At The Intrinsic Value Of Casing Macron Technology Co., Ltd. (GTSM:3325)Does the April share price for Casing Macron Technology Co., Ltd. ( GTSM:3325 ) reflect what it's really worth? Today...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$2.06 (vs NT$0.86 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.20b (up 31% from FY 2019). Net income: NT$154.7m (up 140% from FY 2019). Profit margin: 7.0% (up from 3.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 23Casing Macron Technology (GTSM:3325) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 05The Case For Casing Macron Technology Co., Ltd. (GTSM:3325): Could It Be A Nice Addition To Your Dividend Portfolio?Dividend paying stocks like Casing Macron Technology Co., Ltd. ( GTSM:3325 ) tend to be popular with investors, and for...
Is New 90 Day High Low • Feb 27New 90-day high: NT$29.25The company is up 3.0% from its price of NT$28.45 on 27 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.65, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 89%.
分析記事 • Feb 15We're Not Counting On Casing Macron Technology (GTSM:3325) To Sustain Its Statutory ProfitabilityBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
分析記事 • Jan 31Should You Invest In Casing Macron Technology (GTSM:3325)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Is New 90 Day High Low • Jan 29New 90-day low: NT$23.90The company is down 11% from its price of NT$26.80 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 15% over the same period.
分析記事 • Jan 16Casing Macron Technology Co., Ltd. (GTSM:3325) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?With its stock down 6.5% over the past three months, it is easy to disregard Casing Macron Technology (GTSM:3325...
分析記事 • Jan 01Introducing Casing Macron Technology (GTSM:3325), The Stock That Zoomed 132% In The Last YearWhen you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right stock...
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$28.65, the stock is trading at a trailing P/E ratio of 12.2x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 15x in the Tech industry in Taiwan. Total returns to shareholders over the past three years are 111%.
Is New 90 Day High Low • Dec 21New 90-day low: NT$24.90The company is down 18% from its price of NT$30.45 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 4.0% over the same period.
分析記事 • Dec 17Does Casing Macron Technology (GTSM:3325) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 02Casing Macron Technology Co., Ltd. (GTSM:3325) Is An Attractive Dividend Stock - Here's WhyIs Casing Macron Technology Co., Ltd. ( GTSM:3325 ) a good dividend stock? How can we tell? Dividend paying companies...
分析記事 • Nov 17We Wouldn't Rely On Casing Macron Technology's (GTSM:3325) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS NT$1.05The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$780.8m (up 82% from 3Q 2019). Net income: NT$78.1m (up 119% from 3Q 2019). Profit margin: 10.0% (up from 8.3% in 3Q 2019). The increase in margin was driven by higher revenue. 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 24% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 02New 90-day low: NT$26.80The company is down 2.0% from its price of NT$27.30 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Tech industry, which is also down 2.0% over the same period.