View Past PerformanceUtechzone バランスシートの健全性財務の健全性 基準チェック /56Utechzoneの総株主資本はNT$2.3B 、総負債はNT$544.8Mで、負債比率は23.6%となります。総資産と総負債はそれぞれNT$3.8BとNT$1.5Bです。 Utechzoneの EBIT はNT$39.6Mで、利息カバレッジ比率25.2です。現金および短期投資はNT$542.5Mです。主要情報23.57%負債資本比率NT$544.81m負債インタレスト・カバレッジ・レシオ25.2x現金NT$542.53mエクイティNT$2.31b負債合計NT$1.51b総資産NT$3.82b財務の健全性に関する最新情報分析記事 • Feb 17Is Utechzone (GTSM:3455) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: NT$0.81 loss per share (vs NT$0.075 profit in 1Q 2025)First quarter 2026 results: NT$0.81 loss per share (down from NT$0.075 profit in 1Q 2025). Revenue: NT$147.2m (down 60% from 1Q 2025). Net loss: NT$48.7m (down NT$53.2m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.New Risk • Apr 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 119% 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 11% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (131% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$153, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.お知らせ • Mar 13Utechzone Co., Ltd., Annual General Meeting, Jun 24, 2026Utechzone Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: 10 floor no,268, lien ch`eng rd., jhonghe district, new taipei city TaiwanReported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$2.67 (vs NT$5.29 in FY 2024)Full year 2025 results: EPS: NT$2.67 (down from NT$5.29 in FY 2024). Revenue: NT$1.68b (down 9.5% from FY 2024). Net income: NT$159.9m (down 50% from FY 2024). Profit margin: 9.5% (down from 17% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Mu Tuan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$127, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.New Risk • Jan 12New 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$113, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.New Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$2.69 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.69 (up from NT$0.63 in 3Q 2024). Revenue: NT$505.2m (up 9.0% from 3Q 2024). Net income: NT$160.9m (up 330% from 3Q 2024). Profit margin: 32% (up from 8.1% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.New Risk • Nov 14New major risk - Revenue and earnings growthEarnings have declined by 3.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years.New Risk • Sep 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 6.3% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 168% Cash payout ratio: 153% Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin).Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 45% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.41 loss per share (vs NT$0.59 profit in 2Q 2024)Second quarter 2025 results: NT$1.41 loss per share (down from NT$0.59 profit in 2Q 2024). Revenue: NT$376.8m (down 3.4% from 2Q 2024). Net loss: NT$84.1m (down 340% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% 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 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$102, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 18 July 2025. Payout ratio and cash payout ratio are on the higher end at 96% and 90% respectively. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.07 (down from NT$0.70 in 1Q 2024). Revenue: NT$363.1m (up 9.5% from 1Q 2024). Net income: NT$4.46m (down 89% from 1Q 2024). Profit margin: 1.2% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$81.50, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.Buy Or Sell Opportunity • Mar 20Now 26% overvaluedOver the last 90 days, the stock has fallen 8.3% to NT$110. The fair value is estimated to be NT$87.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 23%.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$5.29 (vs NT$5.25 in FY 2023)Full year 2024 results: EPS: NT$5.29 (up from NT$5.25 in FY 2023). Revenue: NT$1.85b (down 7.9% from FY 2023). Net income: NT$316.6m (flat on FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Mar 13Utechzone Co., Ltd., Annual General Meeting, Jun 25, 2025Utechzone Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 10- floor no,268, lien ch`eng rd., jhonghe district, new taipei city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$1.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (down from NT$1.86 in 3Q 2023). Revenue: NT$463.6m (up 12% from 3Q 2023). Net income: NT$37.5m (down 66% from 3Q 2023). Profit margin: 8.1% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.New Risk • Aug 20New 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 9.5% 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 Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 174% over the past three years.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.59 (vs NT$0.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.59 (up from NT$0.18 in 2Q 2023). Revenue: NT$390.1m (up 3.5% from 2Q 2023). Net income: NT$35.1m (up 228% from 2Q 2023). Profit margin: 9.0% (up from 2.8% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 07Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$105. The fair value is estimated to be NT$83.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has grown by 2.9%.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$126, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 176% over the past three years.Upcoming Dividend • Jun 21Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 28 June 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$98.10, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.32 in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (up from NT$0.32 in 1Q 2023). Revenue: NT$331.7m (down 17% from 1Q 2023). Net income: NT$41.8m (up 117% from 1Q 2023). Profit margin: 13% (up from 4.8% in 1Q 2023). The increase in margin was driven by lower expenses. 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 19% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Apr 24Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$86.60. The fair value is estimated to be NT$70.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 14%.Buy Or Sell Opportunity • Apr 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to NT$85.60. The fair value is estimated to be NT$70.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 14%.Reported Earnings • Mar 31Full year 2023 earnings released: EPS: NT$5.25 (vs NT$12.55 in FY 2022)Full year 2023 results: EPS: NT$5.25 (down from NT$12.55 in FY 2022). Revenue: NT$2.01b (down 36% from FY 2022). Net income: NT$314.2m (down 58% from FY 2022). Profit margin: 16% (down from 24% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.お知らせ • Mar 14Utechzone Co., Ltd., Annual General Meeting, Jun 12, 2024Utechzone Co., Ltd., Annual General Meeting, Jun 12, 2024.Upcoming Dividend • Aug 24Upcoming dividend of NT$8.50 per share at 9.5% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$3.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$3.21 in 2Q 2022). Revenue: NT$376.9m (down 51% from 2Q 2022). Net income: NT$10.7m (down 94% from 2Q 2022). Profit margin: 2.8% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 22Full year 2022 earnings released: EPS: NT$12.55 (vs NT$7.50 in FY 2021)Full year 2022 results: EPS: NT$12.55 (up from NT$7.50 in FY 2021). Revenue: NT$3.15b (up 14% from FY 2021). Net income: NT$750.8m (up 67% from FY 2021). Profit margin: 24% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$4.28 (vs NT$2.61 in 3Q 2021)Third quarter 2022 results: EPS: NT$4.28 (up from NT$2.61 in 3Q 2021). Revenue: NT$937.7m (up 18% from 3Q 2021). Net income: NT$255.9m (up 64% from 3Q 2021). Profit margin: 27% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 25Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$3.21 (vs NT$1.45 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.21 (up from NT$1.45 in 2Q 2021). Revenue: NT$774.7m (up 31% from 2Q 2021). Net income: NT$192.0m (up 121% from 2Q 2021). Profit margin: 25% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$7.50 (up from NT$4.03 in FY 2020). Revenue: NT$2.76b (up 20% from FY 2020). Net income: NT$449.0m (up 86% from FY 2020). Profit margin: 16% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$88.00, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 55% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.61 (vs NT$1.77 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$797.7m (up 4.3% from 3Q 2020). Net income: NT$156.1m (up 47% from 3Q 2020). Profit margin: 20% (up from 14% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 23Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.45 (vs NT$0.50 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$591.2m (up 21% from 2Q 2020). Net income: NT$86.9m (up 190% from 2Q 2020). Profit margin: 15% (up from 6.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$436.1m (up 78% from 1Q 2020). Net income: NT$40.6m (up NT$56.6m from 1Q 2020). Profit margin: 9.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.分析記事 • Apr 18Investors Will Want Utechzone's (GTSM:3455) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$4.03 (vs NT$6.09 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.30b (down 4.7% from FY 2019). Net income: NT$241.3m (down 34% from FY 2019). Profit margin: 11% (down from 15% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • Mar 10Utechzone (GTSM:3455) Has Gifted Shareholders With A Fantastic 121% Total Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...Is New 90 Day High Low • Mar 06New 90-day high: NT$59.50The company is up 4.0% from its price of NT$57.00 on 04 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.分析記事 • Feb 17Is Utechzone (GTSM:3455) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jan 30Is Utechzone Co., Ltd. (GTSM:3455) At Risk Of Cutting Its Dividend?Dividend paying stocks like Utechzone Co., Ltd. ( GTSM:3455 ) tend to be popular with investors, and for good reason...分析記事 • Jan 12The Returns At Utechzone (GTSM:3455) Provide Us With Signs Of What's To ComeTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...分析記事 • Dec 25Are Utechzone's (GTSM:3455) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...分析記事 • Dec 07Estimating The Fair Value Of Utechzone Co., Ltd. (GTSM:3455)In this article we are going to estimate the intrinsic value of Utechzone Co., Ltd. ( GTSM:3455 ) by taking the...分析記事 • Nov 22Is Utechzone Co., Ltd.'s (GTSM:3455) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Utechzone's (GTSM:3455) stock is up by a considerable 17% over the past three months. Given that stock prices are...Is New 90 Day High Low • Nov 19New 90-day high: NT$57.20The company is up 15% from its price of NT$49.60 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.78The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$764.6m (up 12% from 3Q 2019). Net income: NT$106.2m (up 12% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.Is New 90 Day High Low • Oct 12New 90-day low: NT$48.55The company is down 2.0% from its price of NT$49.75 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.Upcoming Dividend • Oct 01Upcoming Dividend of NT$3.00 Per ShareWill be paid on the 5th of November to those who are registered shareholders by the 8th of October. The trailing yield of 5.9% is in the top quartile of Taiwanese dividend payers (5.6%), and it is higher than industry peers (3.9%).財務状況分析短期負債: 3455の 短期資産 ( NT$2.1B ) が 短期負債 ( NT$1.0B ) を超えています。長期負債: 3455の短期資産 ( NT$2.1B ) が 長期負債 ( NT$468.6M ) 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: 3455の 純負債対資本比率 ( 0.1% ) は 満足できる 水準であると考えられます。負債の削減: 3455の負債対資本比率は、過去 5 年間で10.4%から23.6%に増加しました。債務返済能力: 3455の負債は 営業キャッシュフロー によって 十分にカバー されています ( 45.1% )。インタレストカバレッジ: 3455の負債に対する 利息支払い は EBIT ( 25.2 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘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2026/05/22 15:29終値2026/05/22 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Utechzone 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。1 アナリスト機関Liren LiangMasterlink Securities Investment Advisory
分析記事 • Feb 17Is Utechzone (GTSM:3455) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 15First quarter 2026 earnings released: NT$0.81 loss per share (vs NT$0.075 profit in 1Q 2025)First quarter 2026 results: NT$0.81 loss per share (down from NT$0.075 profit in 1Q 2025). Revenue: NT$147.2m (down 60% from 1Q 2025). Net loss: NT$48.7m (down NT$53.2m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.
New Risk • Apr 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 119% 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 11% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (131% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$153, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.
お知らせ • Mar 13Utechzone Co., Ltd., Annual General Meeting, Jun 24, 2026Utechzone Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: 10 floor no,268, lien ch`eng rd., jhonghe district, new taipei city Taiwan
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$2.67 (vs NT$5.29 in FY 2024)Full year 2025 results: EPS: NT$2.67 (down from NT$5.29 in FY 2024). Revenue: NT$1.68b (down 9.5% from FY 2024). Net income: NT$159.9m (down 50% from FY 2024). Profit margin: 9.5% (down from 17% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Mu Tuan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$127, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.
New Risk • Jan 12New 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$113, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.
New Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$2.69 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.69 (up from NT$0.63 in 3Q 2024). Revenue: NT$505.2m (up 9.0% from 3Q 2024). Net income: NT$160.9m (up 330% from 3Q 2024). Profit margin: 32% (up from 8.1% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
New Risk • Nov 14New major risk - Revenue and earnings growthEarnings have declined by 3.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 105% Earnings have declined by 3.6% per year over the past 5 years.
New Risk • Sep 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 6.3% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 168% Cash payout ratio: 153% Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin).
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 45% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.41 loss per share (vs NT$0.59 profit in 2Q 2024)Second quarter 2025 results: NT$1.41 loss per share (down from NT$0.59 profit in 2Q 2024). Revenue: NT$376.8m (down 3.4% from 2Q 2024). Net loss: NT$84.1m (down 340% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% 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 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$102, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.
Upcoming Dividend • Jun 18Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 18 July 2025. Payout ratio and cash payout ratio are on the higher end at 96% and 90% respectively. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.07 (down from NT$0.70 in 1Q 2024). Revenue: NT$363.1m (up 9.5% from 1Q 2024). Net income: NT$4.46m (down 89% from 1Q 2024). Profit margin: 1.2% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$81.50, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.
Buy Or Sell Opportunity • Mar 20Now 26% overvaluedOver the last 90 days, the stock has fallen 8.3% to NT$110. The fair value is estimated to be NT$87.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 23%.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$5.29 (vs NT$5.25 in FY 2023)Full year 2024 results: EPS: NT$5.29 (up from NT$5.25 in FY 2023). Revenue: NT$1.85b (down 7.9% from FY 2023). Net income: NT$316.6m (flat on FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Mar 13Utechzone Co., Ltd., Annual General Meeting, Jun 25, 2025Utechzone Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 10- floor no,268, lien ch`eng rd., jhonghe district, new taipei city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$1.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (down from NT$1.86 in 3Q 2023). Revenue: NT$463.6m (up 12% from 3Q 2023). Net income: NT$37.5m (down 66% from 3Q 2023). Profit margin: 8.1% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
New Risk • Aug 20New 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 9.5% 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 Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 174% over the past three years.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.59 (vs NT$0.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.59 (up from NT$0.18 in 2Q 2023). Revenue: NT$390.1m (up 3.5% from 2Q 2023). Net income: NT$35.1m (up 228% from 2Q 2023). Profit margin: 9.0% (up from 2.8% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 07Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$105. The fair value is estimated to be NT$83.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has grown by 2.9%.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$126, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 176% over the past three years.
Upcoming Dividend • Jun 21Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 28 June 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$98.10, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.32 in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (up from NT$0.32 in 1Q 2023). Revenue: NT$331.7m (down 17% from 1Q 2023). Net income: NT$41.8m (up 117% from 1Q 2023). Profit margin: 13% (up from 4.8% in 1Q 2023). The increase in margin was driven by lower expenses. 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 19% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Apr 24Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$86.60. The fair value is estimated to be NT$70.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 14%.
Buy Or Sell Opportunity • Apr 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to NT$85.60. The fair value is estimated to be NT$70.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 14%.
Reported Earnings • Mar 31Full year 2023 earnings released: EPS: NT$5.25 (vs NT$12.55 in FY 2022)Full year 2023 results: EPS: NT$5.25 (down from NT$12.55 in FY 2022). Revenue: NT$2.01b (down 36% from FY 2022). Net income: NT$314.2m (down 58% from FY 2022). Profit margin: 16% (down from 24% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Mar 14Utechzone Co., Ltd., Annual General Meeting, Jun 12, 2024Utechzone Co., Ltd., Annual General Meeting, Jun 12, 2024.
Upcoming Dividend • Aug 24Upcoming dividend of NT$8.50 per share at 9.5% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$3.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$3.21 in 2Q 2022). Revenue: NT$376.9m (down 51% from 2Q 2022). Net income: NT$10.7m (down 94% from 2Q 2022). Profit margin: 2.8% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: NT$12.55 (vs NT$7.50 in FY 2021)Full year 2022 results: EPS: NT$12.55 (up from NT$7.50 in FY 2021). Revenue: NT$3.15b (up 14% from FY 2021). Net income: NT$750.8m (up 67% from FY 2021). Profit margin: 24% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$4.28 (vs NT$2.61 in 3Q 2021)Third quarter 2022 results: EPS: NT$4.28 (up from NT$2.61 in 3Q 2021). Revenue: NT$937.7m (up 18% from 3Q 2021). Net income: NT$255.9m (up 64% from 3Q 2021). Profit margin: 27% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 25Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$3.21 (vs NT$1.45 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.21 (up from NT$1.45 in 2Q 2021). Revenue: NT$774.7m (up 31% from 2Q 2021). Net income: NT$192.0m (up 121% from 2Q 2021). Profit margin: 25% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$7.50 (up from NT$4.03 in FY 2020). Revenue: NT$2.76b (up 20% from FY 2020). Net income: NT$449.0m (up 86% from FY 2020). Profit margin: 16% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$114, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$88.00, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 55% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.61 (vs NT$1.77 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$797.7m (up 4.3% from 3Q 2020). Net income: NT$156.1m (up 47% from 3Q 2020). Profit margin: 20% (up from 14% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 23Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.45 (vs NT$0.50 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$591.2m (up 21% from 2Q 2020). Net income: NT$86.9m (up 190% from 2Q 2020). Profit margin: 15% (up from 6.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$436.1m (up 78% from 1Q 2020). Net income: NT$40.6m (up NT$56.6m from 1Q 2020). Profit margin: 9.3% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
分析記事 • Apr 18Investors Will Want Utechzone's (GTSM:3455) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$4.03 (vs NT$6.09 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.30b (down 4.7% from FY 2019). Net income: NT$241.3m (down 34% from FY 2019). Profit margin: 11% (down from 15% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • Mar 10Utechzone (GTSM:3455) Has Gifted Shareholders With A Fantastic 121% Total Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
Is New 90 Day High Low • Mar 06New 90-day high: NT$59.50The company is up 4.0% from its price of NT$57.00 on 04 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
分析記事 • Feb 17Is Utechzone (GTSM:3455) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jan 30Is Utechzone Co., Ltd. (GTSM:3455) At Risk Of Cutting Its Dividend?Dividend paying stocks like Utechzone Co., Ltd. ( GTSM:3455 ) tend to be popular with investors, and for good reason...
分析記事 • Jan 12The Returns At Utechzone (GTSM:3455) Provide Us With Signs Of What's To ComeTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
分析記事 • Dec 25Are Utechzone's (GTSM:3455) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Dec 07Estimating The Fair Value Of Utechzone Co., Ltd. (GTSM:3455)In this article we are going to estimate the intrinsic value of Utechzone Co., Ltd. ( GTSM:3455 ) by taking the...
分析記事 • Nov 22Is Utechzone Co., Ltd.'s (GTSM:3455) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Utechzone's (GTSM:3455) stock is up by a considerable 17% over the past three months. Given that stock prices are...
Is New 90 Day High Low • Nov 19New 90-day high: NT$57.20The company is up 15% from its price of NT$49.60 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.78The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$764.6m (up 12% from 3Q 2019). Net income: NT$106.2m (up 12% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
Is New 90 Day High Low • Oct 12New 90-day low: NT$48.55The company is down 2.0% from its price of NT$49.75 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.
Upcoming Dividend • Oct 01Upcoming Dividend of NT$3.00 Per ShareWill be paid on the 5th of November to those who are registered shareholders by the 8th of October. The trailing yield of 5.9% is in the top quartile of Taiwanese dividend payers (5.6%), and it is higher than industry peers (3.9%).