View ValuationFOCI Fiber Optic Communications 将来の成長Future 基準チェック /36 FOCI Fiber Optic Communicationsは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Communications 収益成長37.3%収益成長率84.6%将来の株主資本利益率61.63%アナリストカバレッジLow最終更新日03 Mar 2026今後の成長に関する最新情報Price Target Changed • Mar 04Price target increased by 74% to NT$708Up from NT$407, the current price target is provided by 1 analyst. New target price is 27% above last closing price of NT$559. Stock is up 77% over the past year. The company posted a net loss per share of NT$0.48 last year.すべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings released: NT$0.98 loss per share (vs NT$0.011 profit in 1Q 2025)First quarter 2026 results: NT$0.98 loss per share (down from NT$0.011 profit in 1Q 2025). Revenue: NT$382.0m (down 7.2% from 1Q 2025). Net loss: NT$107.0m (down NT$108.1m from profit in 1Q 2025). Revenue is forecast to grow 85% p.a. on average during the next 3 years, compared to a 33% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 254 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.16 (vs NT$0.48 loss in FY 2024)Full year 2025 results: EPS: NT$0.16 (up from NT$0.48 loss in FY 2024). Revenue: NT$1.89b (up 39% from FY 2024). Net income: NT$16.2m (up NT$64.5m from FY 2024). Profit margin: 0.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 77% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 273 percentage points per year, which is a significant difference in performance.New Risk • Mar 09New 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 9.9% 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 (9.9% average weekly change). Earnings have declined by 52% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio).Price Target Changed • Mar 04Price target increased by 74% to NT$708Up from NT$407, the current price target is provided by 1 analyst. New target price is 27% above last closing price of NT$559. Stock is up 77% over the past year. The company posted a net loss per share of NT$0.48 last year.お知らせ • Mar 02FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 28, 2026FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 28, 2026. Location: 4 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.20 (up from NT$0.14 loss in 3Q 2024). Revenue: NT$507.7m (up 33% from 3Q 2024). Net income: NT$20.6m (up NT$35.4m from 3Q 2024). Profit margin: 4.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 102% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 248 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.16 (vs NT$0.26 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.16 (down from NT$0.26 in 2Q 2024). Revenue: NT$582.1m (up 65% from 2Q 2024). Net income: NT$16.9m (down 34% from 2Q 2024). Profit margin: 2.9% (down from 7.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 93% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 250 percentage points per year, which is a significant difference in performance.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.29 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.01 (up from NT$0.29 loss in 1Q 2024). Revenue: NT$411.4m (up 53% from 1Q 2024). Net income: NT$1.11m (up NT$29.4m from 1Q 2024). Profit margin: 0.3% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 86% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 221 percentage points per year, which is a significant difference in performance.お知らせ • May 01FOCI Fiber Optic Communications, Inc. to Report Q1, 2025 Results on May 08, 2025FOCI Fiber Optic Communications, Inc. announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 03Full year 2024 earnings released: NT$0.48 loss per share (vs NT$0.13 profit in FY 2023)Full year 2024 results: NT$0.48 loss per share (down from NT$0.13 profit in FY 2023). Revenue: NT$1.36b (up 7.2% from FY 2023). Net loss: NT$48.3m (down NT$60.3m from profit in FY 2023). Revenue is forecast to grow 90% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 230 percentage points per year, which is a significant difference in performance.お知らせ • Feb 21FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 23, 2025FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 23, 2025. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwanお知らせ • Feb 13FOCI Fiber Optic Communications, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025FOCI Fiber Optic Communications, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Tien-Chang Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.003 profit in 3Q 2023)Third quarter 2024 results: NT$0.14 loss per share (down from NT$0.003 profit in 3Q 2023). Revenue: NT$382.7m (up 17% from 3Q 2023). Net loss: NT$14.8m (down NT$15.1m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 165 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.17 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.26 (up from NT$0.17 loss in 2Q 2023). Revenue: NT$352.8m (up 24% from 2Q 2023). Net income: NT$25.6m (up NT$40.3m from 2Q 2023). Profit margin: 7.2% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance.お知らせ • Jul 24FOCI Fiber Optic Communications, Inc. to Report Q2, 2024 Results on Aug 08, 2024FOCI Fiber Optic Communications, Inc. announced that they will report Q2, 2024 results on Aug 08, 2024お知らせ • Jun 13+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Changes to Remuneration CommitteeFOCI Fiber Optic Communications, Inc. announced changes to Remuneration Committee. Name of the previous position holder: Mei-Huei Li, Li-Jen Kuo, Tzu-Ming Wang, Chi-Jen Chou. Resume of the previous position holder: Mei-Huei Li/Chairman,Innova Vision Inc. Chi-Jen Chou/Member of Remuneration Committee,Foci Fiber Optic Communications Inc. Name of the new position holder: Li-Jen Kuo, Tzu-Ming Wang, Tien-Chang Huang. Resume of the new position holder: Li-Jen Kuo/Professor, Department of Educational Management/Graduate School of Culture and Education Law, National Taipei University of Education Tzu-Ming Wang/Independent director, Ho Tung Chemical Corp. Tien-Chang Huang/Independent director, Heran Co. Ltd. Circumstances of change: new appointment. Effective date of the new member is June 11, 2024. Original term is from August 5, 2021 to July 04, 2024.Reported Earnings • May 14First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.39 profit in 1Q 2023)First quarter 2024 results: NT$0.29 loss per share (down from NT$0.39 profit in 1Q 2023). Revenue: NT$268.5m (down 17% from 1Q 2023). Net loss: NT$28.3m (down 183% from profit in 1Q 2023). 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 77% per year, which means it is well ahead of earnings.お知らせ • May 02FOCI Fiber Optic Communications, Inc. to Report Q1, 2024 Results on May 09, 2024FOCI Fiber Optic Communications, Inc. announced that they will report Q1, 2024 results at 2:30 PM, Taipei Standard Time on May 09, 2024New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 116% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).Reported Earnings • Mar 04Full year 2023 earnings released: EPS: NT$0.13 (vs NT$0.53 in FY 2022)Full year 2023 results: EPS: NT$0.13 (down from NT$0.53 in FY 2022). Revenue: NT$1.27b (down 22% from FY 2022). Net income: NT$12.1m (down 74% from FY 2022). Profit margin: 0.9% (down from 2.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 04Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 29 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.4%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.3%).Buy Or Sell Opportunity • Feb 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to NT$111. The fair value is estimated to be NT$90.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 22%.お知らせ • Feb 23FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 30, 2024FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 30, 2024. Location: 4F., No.1, Gongye E. 2nd Rd., East Dist Hsin Chu City Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee's review report; to report the cash distribution from capital reserves of 2023; to acknowledgment of the 2023 Business Report and Financial Statements; to acknowledgment of the 2023 Earnings Distribution; to consider re-election of directors; and to consider other issues.Buying Opportunity • Jan 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$82.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 22%.New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).Reported Earnings • Aug 17Second quarter 2023 earnings released: NT$0.17 loss per share (vs NT$0.082 profit in 2Q 2022)Second quarter 2023 results: NT$0.17 loss per share (down from NT$0.082 profit in 2Q 2022). Revenue: NT$284.1m (down 33% from 2Q 2022). Net loss: NT$14.7m (down 302% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$57.10, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 97% over the past three years.お知らせ • Aug 04FOCI Fiber Optic Communications, Inc. announced that it expects to receive TWD 90 million in fundingFOCI Fiber Optic Communications, Inc. announced a private placement of 9,000,000 common shares at a price of TWD 10 per share for the gross proceeds of TWD 90 million on August 3, 2023. The transaction will include participation from returning investors as well as employees of the company for 7,500,000 shares and 1,500,000 shares respectively. The transaction has been approved by the shareholders of the company.New Risk • Jul 14New major risk - Revenue and earnings growthEarnings have declined by 0.3% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.6% net profit margin).Reported Earnings • Jul 14First quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.035 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.38 (up from NT$0.035 loss in 1Q 2022). Revenue: NT$322.2m (down 27% from 1Q 2022). Net income: NT$34.0m (up NT$37.1m from 1Q 2022). Profit margin: 11% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year.Upcoming Dividend • Jun 21Upcoming dividend of NT$0.50 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 25 July 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$38.35, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 79% over the past three years.Buying Opportunity • May 11Now 25% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$40.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 30%.お知らせ • May 06Foci Fiber Optic Communications, Inc. Announces the Appointment of Jeffrey Wang as Corporate Governance OfficerFOCI Fiber Optic Communications, Inc. announced the appointment of Jeffrey Wang as Corporate Governance Officer, effective May 5, 2023. Jeffrey Wang is Vice President of Business Strategy Planning Center of Foci Fiber Optic Communications, Inc. Reason for the change: new appointment.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$38.80, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 71% over the past three years.Buying Opportunity • Apr 21Now 22% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be NT$40.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 30%.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$31.35, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$27.40, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 17x in the Communications industry in Taiwan. Total returns to shareholders of 76% over the past three years.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$0.53 (vs NT$2.31 in FY 2021)Full year 2022 results: EPS: NT$0.53 (down from NT$2.31 in FY 2021). Revenue: NT$1.62b (down 19% from FY 2021). Net income: NT$47.0m (down 77% from FY 2021). Profit margin: 2.9% (down from 10% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$1.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (down from NT$1.50 in 3Q 2021). Revenue: NT$432.4m (down 34% from 3Q 2021). Net income: NT$22.7m (down 83% from 3Q 2021). Profit margin: 5.2% (down from 20% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$1.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (down from NT$1.50 in 3Q 2021). Revenue: NT$432.4m (down 34% from 3Q 2021). Net income: NT$22.7m (down 83% from 3Q 2021). Profit margin: 5.2% (down from 20% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Buying Opportunity • Sep 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be NT$31.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years, while earnings per share has been flat.Buying Opportunity • Aug 17Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$31.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years, while earnings per share has been flat.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.08 (vs NT$0.32 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.08 (down from NT$0.32 in 2Q 2021). Revenue: NT$421.9m (up 1.2% from 2Q 2021). Net income: NT$7.27m (down 74% from 2Q 2021). Profit margin: 1.7% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 17Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.1%).お知らせ • May 29FOCI Fiber Optic Communications, Inc. Announces Cash Dividend, Payable on July 20, 2022FOCI Fiber Optic Communications, Inc. announced cash dividend of TWD 141,303,328(TWD 1.6 per share). Ex-rights (Ex-dividend) date is June 24, 2022. Ex-rights (Ex-dividend) record date is July 02, 2022. Payment date of cash dividend distribution is July 20, 2022.Reported Earnings • May 09First quarter 2022 earnings released: NT$0.04 loss per share (vs NT$0.022 profit in 1Q 2021)First quarter 2022 results: NT$0.04 loss per share (down from NT$0.022 profit in 1Q 2021). Revenue: NT$438.3m (up 20% from 1Q 2021). Net loss: NT$3.13m (down 261% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year.お知らせ • Feb 26FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 27, 2022FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 27, 2022. Location: THE ALLIED ASSOCIATION FOR SCIENCE PARKS INDUSTRIES No. 2, Zhanye 1st Rd., East Dist. Hsinchu City Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's review report; to consider Report on 2021 employees' and directors' remuneration; to consider Report on cash dividend of 2021 earnings distribution; to consider Acknowledgment of the 2021 Business Report and Financial Statements; to consider Acknowledgment of the 2021 earnings distribution; to consider discussion of amendments to the company's Articles of Incorporation; and to consider discussion of amendments to the Company's Procedures for Asset Acquisition & Disposal.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$39.45, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 23x in the Communications industry in Taiwan. Total returns to shareholders of 58% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.50 (vs NT$0.54 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$652.0m (up 59% from 3Q 2020). Net income: NT$130.6m (up 180% from 3Q 2020). Profit margin: 20% (up from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$33.25, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 48% over the past three years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.32 (vs NT$1.93 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$416.8m (down 16% from 2Q 2020). Net income: NT$28.1m (down 83% from 2Q 2020). Profit margin: 6.7% (down from 34% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 28% over the past three years.Upcoming Dividend • Jun 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 June 2021. Payment date: 20 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).お知らせ • May 25FOCI Fiber Optic Communications, Inc. Announces Cash Dividend, Payable on July 20, 2021FOCI Fiber Optic Communications, Inc. announced cash dividend of TWD 87,073,932 (TWD 1.00 per share). Ex-rights (Ex-dividend) date is June 25, 2021 and payment date of cash dividend distribution is July 20, 2021.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.98 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$366.2m (up 22% from 1Q 2020). Net income: NT$1.95m (up NT$86.9m from 1Q 2020). Profit margin: 0.5% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$27.00, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 25x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$32.65, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 26x in the Communications industry in Taiwan. Total returns to shareholders of 30% over the past three years.分析記事 • Apr 04Does FOCI Fiber Optic Communications, Inc. (GTSM:3363) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at FOCI Fiber Optic Communications, Inc. ( GTSM:3363 ) from a dividend investor's...分析記事 • Mar 17Should FOCI Fiber Optic Communications (GTSM:3363) Be Disappointed With Their 45% Profit?We believe investing is smart because history shows that stock markets go higher in the long term. But not every stock...Reported Earnings • Mar 01Full year 2020 earnings released: EPS NT$1.09 (vs NT$1.13 in FY 2019)The company reported a mediocre full year result with flat earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.61b (flat on FY 2019). Net income: NT$94.8m (flat on FY 2019). Profit margin: 5.9% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Feb 26+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Executive ChangesFOCI Fiber Optic Communications, Inc. announced new appointment. Name and resume of the previous position holder: Spencer Wu, president of FOCI FIBER OPTIC COMMUNICATIONS, INC. Name and resume of the new position holder: D.D. Hu, Special Assistant of Centera Photonics Inc. Effective date of the new appointment:2021/2/26.お知らせ • Feb 18+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Resignation of DirectorFOCI Fiber Optic Communications, Inc. announced the resignation of Spencer Wu, president of the company as director. The reason for the change is Personal career planning. The company received the resignation letter on February 17, 2021, and the effective date is February 26, 2021.分析記事 • Feb 17Here's Why FOCI Fiber Optic Communications (GTSM:3363) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Jan 31What Do The Returns At FOCI Fiber Optic Communications (GTSM:3363) Mean Going Forward?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Jan 16FOCI Fiber Optic Communications, Inc.'s (GTSM:3363) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?FOCI Fiber Optic Communications (GTSM:3363) has had a rough month with its share price down 11%. However, the company's...分析記事 • Jan 01FOCI Fiber Optic Communications, Inc. (GTSM:3363) Is Yielding 2.8% - But Is It A Buy?Could FOCI Fiber Optic Communications, Inc. ( GTSM:3363 ) be an attractive dividend share to own for the long haul...分析記事 • Dec 17FOCI Fiber Optic Communications'(GTSM:3363) Share Price Is Down 20% Over The Past Year.It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly...分析記事 • Dec 02Here's Why We Don't Think FOCI Fiber Optic Communications's (GTSM:3363) Statutory Earnings Reflect Its Underlying Earnings PotentialAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...分析記事 • Nov 17We Think FOCI Fiber Optic Communications (GTSM:3363) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.54The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$410.5m (up 14% from 3Q 2019). Net income: NT$46.7m (up NT$80.8m from 3Q 2019). Profit margin: 11% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Sep 21FOCI Fiber Optic Communications, Inc.(GTSM:3363) dropped from S&P Global BMI IndexFOCI Fiber Optic Communications, Inc.(GTSM:3363) dropped from S&P Global BMI Index業績と収益の成長予測TPEX:3363 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202824,437N/AN/AN/A112/31/20279,764N/AN/AN/A112/31/20262,795N/AN/AN/A13/31/20261,863-92-331-89N/A12/31/20251,89216-243-17N/A9/30/20251,8618-331-116N/A6/30/20251,736-28-333-62N/A3/31/20251,507-19-22629N/A12/31/20241,364-48-14770N/A9/30/20241,341-25-101108N/A6/30/20241,287-109137N/A3/31/20241,218-50100225N/A12/31/20231,2721282193N/A9/30/20231,26340190278N/A6/30/20231,36762299367N/A3/31/20231,50584163222N/A12/31/20221,62147190216N/A9/30/20221,84668141168N/A6/30/20222,0651765083N/A3/31/20222,060197203225N/A12/31/20211,988202143172N/A9/30/20211,842127146183N/A6/30/20211,60143161194N/A3/31/20211,68018273118N/A12/31/20201,61495117162N/A9/30/20201,578105-1263N/A6/30/20201,5262446138N/A3/31/20201,494-9860193N/A12/31/20191,61594N/A289N/A9/30/20191,727205N/A217N/A6/30/20191,775282N/A235N/A3/31/20191,637264N/A176N/A12/31/20181,588172N/A69N/A9/30/20181,41463N/A200N/A6/30/20181,36842N/A108N/A3/31/20181,46938N/A164N/A12/31/20171,47458N/A229N/A9/30/20171,588110N/A279N/A6/30/20171,593114N/A128N/A3/31/20171,54992N/A55N/A12/31/20161,514173N/A-42N/A9/30/20161,34986N/A-138N/A6/30/20161,25677N/A-90N/A3/31/20161,15475N/A-115N/A12/31/20151,021-48N/A-120N/A9/30/20151,015-7N/A-110N/A6/30/2015937-36N/A-80N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3363の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3363の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3363の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3363の収益 ( 84.6% ) TW市場 ( 18.6% ) よりも速いペースで成長すると予測されています。高い収益成長: 3363の収益 ( 84.6% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3363の 自己資本利益率 は、3年後には非常に高くなると予測されています ( 61.6 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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2026/06/13 15:34終値2026/06/12 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FOCI Fiber Optic Communications, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Vincent LiaoKGI Securities Co. Ltd.Jianzhang SuMasterlink Securities Investment AdvisoryHsin YehMorgan Stanley
Price Target Changed • Mar 04Price target increased by 74% to NT$708Up from NT$407, the current price target is provided by 1 analyst. New target price is 27% above last closing price of NT$559. Stock is up 77% over the past year. The company posted a net loss per share of NT$0.48 last year.
Reported Earnings • May 19First quarter 2026 earnings released: NT$0.98 loss per share (vs NT$0.011 profit in 1Q 2025)First quarter 2026 results: NT$0.98 loss per share (down from NT$0.011 profit in 1Q 2025). Revenue: NT$382.0m (down 7.2% from 1Q 2025). Net loss: NT$107.0m (down NT$108.1m from profit in 1Q 2025). Revenue is forecast to grow 85% p.a. on average during the next 3 years, compared to a 33% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 254 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.16 (vs NT$0.48 loss in FY 2024)Full year 2025 results: EPS: NT$0.16 (up from NT$0.48 loss in FY 2024). Revenue: NT$1.89b (up 39% from FY 2024). Net income: NT$16.2m (up NT$64.5m from FY 2024). Profit margin: 0.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 77% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 273 percentage points per year, which is a significant difference in performance.
New Risk • Mar 09New 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 9.9% 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 (9.9% average weekly change). Earnings have declined by 52% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio).
Price Target Changed • Mar 04Price target increased by 74% to NT$708Up from NT$407, the current price target is provided by 1 analyst. New target price is 27% above last closing price of NT$559. Stock is up 77% over the past year. The company posted a net loss per share of NT$0.48 last year.
お知らせ • Mar 02FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 28, 2026FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 28, 2026. Location: 4 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.14 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.20 (up from NT$0.14 loss in 3Q 2024). Revenue: NT$507.7m (up 33% from 3Q 2024). Net income: NT$20.6m (up NT$35.4m from 3Q 2024). Profit margin: 4.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 102% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 248 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.16 (vs NT$0.26 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.16 (down from NT$0.26 in 2Q 2024). Revenue: NT$582.1m (up 65% from 2Q 2024). Net income: NT$16.9m (down 34% from 2Q 2024). Profit margin: 2.9% (down from 7.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 93% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 250 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.29 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.01 (up from NT$0.29 loss in 1Q 2024). Revenue: NT$411.4m (up 53% from 1Q 2024). Net income: NT$1.11m (up NT$29.4m from 1Q 2024). Profit margin: 0.3% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 86% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 221 percentage points per year, which is a significant difference in performance.
お知らせ • May 01FOCI Fiber Optic Communications, Inc. to Report Q1, 2025 Results on May 08, 2025FOCI Fiber Optic Communications, Inc. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 03Full year 2024 earnings released: NT$0.48 loss per share (vs NT$0.13 profit in FY 2023)Full year 2024 results: NT$0.48 loss per share (down from NT$0.13 profit in FY 2023). Revenue: NT$1.36b (up 7.2% from FY 2023). Net loss: NT$48.3m (down NT$60.3m from profit in FY 2023). Revenue is forecast to grow 90% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 230 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 21FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 23, 2025FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 23, 2025. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
お知らせ • Feb 13FOCI Fiber Optic Communications, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025FOCI Fiber Optic Communications, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025
Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Tien-Chang Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.003 profit in 3Q 2023)Third quarter 2024 results: NT$0.14 loss per share (down from NT$0.003 profit in 3Q 2023). Revenue: NT$382.7m (up 17% from 3Q 2023). Net loss: NT$14.8m (down NT$15.1m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 165 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.17 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.26 (up from NT$0.17 loss in 2Q 2023). Revenue: NT$352.8m (up 24% from 2Q 2023). Net income: NT$25.6m (up NT$40.3m from 2Q 2023). Profit margin: 7.2% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 151 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 24FOCI Fiber Optic Communications, Inc. to Report Q2, 2024 Results on Aug 08, 2024FOCI Fiber Optic Communications, Inc. announced that they will report Q2, 2024 results on Aug 08, 2024
お知らせ • Jun 13+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Changes to Remuneration CommitteeFOCI Fiber Optic Communications, Inc. announced changes to Remuneration Committee. Name of the previous position holder: Mei-Huei Li, Li-Jen Kuo, Tzu-Ming Wang, Chi-Jen Chou. Resume of the previous position holder: Mei-Huei Li/Chairman,Innova Vision Inc. Chi-Jen Chou/Member of Remuneration Committee,Foci Fiber Optic Communications Inc. Name of the new position holder: Li-Jen Kuo, Tzu-Ming Wang, Tien-Chang Huang. Resume of the new position holder: Li-Jen Kuo/Professor, Department of Educational Management/Graduate School of Culture and Education Law, National Taipei University of Education Tzu-Ming Wang/Independent director, Ho Tung Chemical Corp. Tien-Chang Huang/Independent director, Heran Co. Ltd. Circumstances of change: new appointment. Effective date of the new member is June 11, 2024. Original term is from August 5, 2021 to July 04, 2024.
Reported Earnings • May 14First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.39 profit in 1Q 2023)First quarter 2024 results: NT$0.29 loss per share (down from NT$0.39 profit in 1Q 2023). Revenue: NT$268.5m (down 17% from 1Q 2023). Net loss: NT$28.3m (down 183% from profit in 1Q 2023). 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 77% per year, which means it is well ahead of earnings.
お知らせ • May 02FOCI Fiber Optic Communications, Inc. to Report Q1, 2024 Results on May 09, 2024FOCI Fiber Optic Communications, Inc. announced that they will report Q1, 2024 results at 2:30 PM, Taipei Standard Time on May 09, 2024
New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 116% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
Reported Earnings • Mar 04Full year 2023 earnings released: EPS: NT$0.13 (vs NT$0.53 in FY 2022)Full year 2023 results: EPS: NT$0.13 (down from NT$0.53 in FY 2022). Revenue: NT$1.27b (down 22% from FY 2022). Net income: NT$12.1m (down 74% from FY 2022). Profit margin: 0.9% (down from 2.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 04Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 29 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.4%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.3%).
Buy Or Sell Opportunity • Feb 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 49% to NT$111. The fair value is estimated to be NT$90.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 22%.
お知らせ • Feb 23FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 30, 2024FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 30, 2024. Location: 4F., No.1, Gongye E. 2nd Rd., East Dist Hsin Chu City Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee's review report; to report the cash distribution from capital reserves of 2023; to acknowledgment of the 2023 Business Report and Financial Statements; to acknowledgment of the 2023 Earnings Distribution; to consider re-election of directors; and to consider other issues.
Buying Opportunity • Jan 08Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$82.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 22%.
New Risk • Nov 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
Reported Earnings • Aug 17Second quarter 2023 earnings released: NT$0.17 loss per share (vs NT$0.082 profit in 2Q 2022)Second quarter 2023 results: NT$0.17 loss per share (down from NT$0.082 profit in 2Q 2022). Revenue: NT$284.1m (down 33% from 2Q 2022). Net loss: NT$14.7m (down 302% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$57.10, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 97% over the past three years.
お知らせ • Aug 04FOCI Fiber Optic Communications, Inc. announced that it expects to receive TWD 90 million in fundingFOCI Fiber Optic Communications, Inc. announced a private placement of 9,000,000 common shares at a price of TWD 10 per share for the gross proceeds of TWD 90 million on August 3, 2023. The transaction will include participation from returning investors as well as employees of the company for 7,500,000 shares and 1,500,000 shares respectively. The transaction has been approved by the shareholders of the company.
New Risk • Jul 14New major risk - Revenue and earnings growthEarnings have declined by 0.3% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.6% net profit margin).
Reported Earnings • Jul 14First quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.035 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.38 (up from NT$0.035 loss in 1Q 2022). Revenue: NT$322.2m (down 27% from 1Q 2022). Net income: NT$34.0m (up NT$37.1m from 1Q 2022). Profit margin: 11% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year.
Upcoming Dividend • Jun 21Upcoming dividend of NT$0.50 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 25 July 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to NT$38.35, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Buying Opportunity • May 11Now 25% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$40.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 30%.
お知らせ • May 06Foci Fiber Optic Communications, Inc. Announces the Appointment of Jeffrey Wang as Corporate Governance OfficerFOCI Fiber Optic Communications, Inc. announced the appointment of Jeffrey Wang as Corporate Governance Officer, effective May 5, 2023. Jeffrey Wang is Vice President of Business Strategy Planning Center of Foci Fiber Optic Communications, Inc. Reason for the change: new appointment.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$38.80, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Buying Opportunity • Apr 21Now 22% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be NT$40.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 30%.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$31.35, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$27.40, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 17x in the Communications industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$0.53 (vs NT$2.31 in FY 2021)Full year 2022 results: EPS: NT$0.53 (down from NT$2.31 in FY 2021). Revenue: NT$1.62b (down 19% from FY 2021). Net income: NT$47.0m (down 77% from FY 2021). Profit margin: 2.9% (down from 10% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$1.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (down from NT$1.50 in 3Q 2021). Revenue: NT$432.4m (down 34% from 3Q 2021). Net income: NT$22.7m (down 83% from 3Q 2021). Profit margin: 5.2% (down from 20% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$1.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (down from NT$1.50 in 3Q 2021). Revenue: NT$432.4m (down 34% from 3Q 2021). Net income: NT$22.7m (down 83% from 3Q 2021). Profit margin: 5.2% (down from 20% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Buying Opportunity • Sep 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be NT$31.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years, while earnings per share has been flat.
Buying Opportunity • Aug 17Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$31.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.08 (vs NT$0.32 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.08 (down from NT$0.32 in 2Q 2021). Revenue: NT$421.9m (up 1.2% from 2Q 2021). Net income: NT$7.27m (down 74% from 2Q 2021). Profit margin: 1.7% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 24 June 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.1%).
お知らせ • May 29FOCI Fiber Optic Communications, Inc. Announces Cash Dividend, Payable on July 20, 2022FOCI Fiber Optic Communications, Inc. announced cash dividend of TWD 141,303,328(TWD 1.6 per share). Ex-rights (Ex-dividend) date is June 24, 2022. Ex-rights (Ex-dividend) record date is July 02, 2022. Payment date of cash dividend distribution is July 20, 2022.
Reported Earnings • May 09First quarter 2022 earnings released: NT$0.04 loss per share (vs NT$0.022 profit in 1Q 2021)First quarter 2022 results: NT$0.04 loss per share (down from NT$0.022 profit in 1Q 2021). Revenue: NT$438.3m (up 20% from 1Q 2021). Net loss: NT$3.13m (down 261% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year.
お知らせ • Feb 26FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 27, 2022FOCI Fiber Optic Communications, Inc., Annual General Meeting, May 27, 2022. Location: THE ALLIED ASSOCIATION FOR SCIENCE PARKS INDUSTRIES No. 2, Zhanye 1st Rd., East Dist. Hsinchu City Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's review report; to consider Report on 2021 employees' and directors' remuneration; to consider Report on cash dividend of 2021 earnings distribution; to consider Acknowledgment of the 2021 Business Report and Financial Statements; to consider Acknowledgment of the 2021 earnings distribution; to consider discussion of amendments to the company's Articles of Incorporation; and to consider discussion of amendments to the Company's Procedures for Asset Acquisition & Disposal.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$39.45, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 23x in the Communications industry in Taiwan. Total returns to shareholders of 58% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.50 (vs NT$0.54 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$652.0m (up 59% from 3Q 2020). Net income: NT$130.6m (up 180% from 3Q 2020). Profit margin: 20% (up from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$33.25, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.32 (vs NT$1.93 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$416.8m (down 16% from 2Q 2020). Net income: NT$28.1m (down 83% from 2Q 2020). Profit margin: 6.7% (down from 34% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 28% over the past three years.
Upcoming Dividend • Jun 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 June 2021. Payment date: 20 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
お知らせ • May 25FOCI Fiber Optic Communications, Inc. Announces Cash Dividend, Payable on July 20, 2021FOCI Fiber Optic Communications, Inc. announced cash dividend of TWD 87,073,932 (TWD 1.00 per share). Ex-rights (Ex-dividend) date is June 25, 2021 and payment date of cash dividend distribution is July 20, 2021.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.98 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$366.2m (up 22% from 1Q 2020). Net income: NT$1.95m (up NT$86.9m from 1Q 2020). Profit margin: 0.5% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$27.00, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 25x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$32.65, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 26x in the Communications industry in Taiwan. Total returns to shareholders of 30% over the past three years.
分析記事 • Apr 04Does FOCI Fiber Optic Communications, Inc. (GTSM:3363) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at FOCI Fiber Optic Communications, Inc. ( GTSM:3363 ) from a dividend investor's...
分析記事 • Mar 17Should FOCI Fiber Optic Communications (GTSM:3363) Be Disappointed With Their 45% Profit?We believe investing is smart because history shows that stock markets go higher in the long term. But not every stock...
Reported Earnings • Mar 01Full year 2020 earnings released: EPS NT$1.09 (vs NT$1.13 in FY 2019)The company reported a mediocre full year result with flat earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.61b (flat on FY 2019). Net income: NT$94.8m (flat on FY 2019). Profit margin: 5.9% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Feb 26+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Executive ChangesFOCI Fiber Optic Communications, Inc. announced new appointment. Name and resume of the previous position holder: Spencer Wu, president of FOCI FIBER OPTIC COMMUNICATIONS, INC. Name and resume of the new position holder: D.D. Hu, Special Assistant of Centera Photonics Inc. Effective date of the new appointment:2021/2/26.
お知らせ • Feb 18+ 1 more updateFOCI Fiber Optic Communications, Inc. Announces Resignation of DirectorFOCI Fiber Optic Communications, Inc. announced the resignation of Spencer Wu, president of the company as director. The reason for the change is Personal career planning. The company received the resignation letter on February 17, 2021, and the effective date is February 26, 2021.
分析記事 • Feb 17Here's Why FOCI Fiber Optic Communications (GTSM:3363) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Jan 31What Do The Returns At FOCI Fiber Optic Communications (GTSM:3363) Mean Going Forward?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Jan 16FOCI Fiber Optic Communications, Inc.'s (GTSM:3363) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?FOCI Fiber Optic Communications (GTSM:3363) has had a rough month with its share price down 11%. However, the company's...
分析記事 • Jan 01FOCI Fiber Optic Communications, Inc. (GTSM:3363) Is Yielding 2.8% - But Is It A Buy?Could FOCI Fiber Optic Communications, Inc. ( GTSM:3363 ) be an attractive dividend share to own for the long haul...
分析記事 • Dec 17FOCI Fiber Optic Communications'(GTSM:3363) Share Price Is Down 20% Over The Past Year.It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly...
分析記事 • Dec 02Here's Why We Don't Think FOCI Fiber Optic Communications's (GTSM:3363) Statutory Earnings Reflect Its Underlying Earnings PotentialAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
分析記事 • Nov 17We Think FOCI Fiber Optic Communications (GTSM:3363) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.54The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$410.5m (up 14% from 3Q 2019). Net income: NT$46.7m (up NT$80.8m from 3Q 2019). Profit margin: 11% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Sep 21FOCI Fiber Optic Communications, Inc.(GTSM:3363) dropped from S&P Global BMI IndexFOCI Fiber Optic Communications, Inc.(GTSM:3363) dropped from S&P Global BMI Index