View Future GrowthJhen Vei Electronic 過去の業績過去 基準チェック /06Jhen Vei Electronicの収益は年間平均-21.4%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間0.4% 7.8%割合で 増加しています。主要情報-21.38%収益成長率-20.96%EPS成長率Electronic 業界の成長14.81%収益成長率7.81%株主資本利益率-1.64%ネット・マージン-0.98%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: NT$0.069 loss per share (vs NT$0.016 profit in 1Q 2025)First quarter 2026 results: NT$0.069 loss per share (down from NT$0.016 profit in 1Q 2025). Revenue: NT$306.0m (up 27% from 1Q 2025). Net loss: NT$4.73m (down NT$5.81m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$292.8m (flat on 3Q 2024). Net income: NT$4.56m (up NT$12.7m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$339.7m (up 26% from 2Q 2024). Net loss: NT$11.2m (down 204% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.085 in 1Q 2024)First quarter 2025 results: EPS: NT$0.02 (down from NT$0.085 in 1Q 2024). Revenue: NT$241.4m (up 16% from 1Q 2024). Net income: NT$1.08m (down 81% from 1Q 2024). Profit margin: 0.4% (down from 2.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • May 08Jhen Vei Electronic Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.29 (vs NT$0.055 in FY 2023)Full year 2024 results: EPS: NT$0.29 (up from NT$0.055 in FY 2023). Revenue: NT$1.10b (up 31% from FY 2023). Net income: NT$20.1m (up 427% from FY 2023). Profit margin: 1.8% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: NT$0.069 loss per share (vs NT$0.016 profit in 1Q 2025)First quarter 2026 results: NT$0.069 loss per share (down from NT$0.016 profit in 1Q 2025). Revenue: NT$306.0m (up 27% from 1Q 2025). Net loss: NT$4.73m (down NT$5.81m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$988.0m market cap, or US$31.0m).お知らせ • Mar 11Jhen Vei Electronic Co., Ltd., Annual General Meeting, May 25, 2026Jhen Vei Electronic Co., Ltd., Annual General Meeting, May 25, 2026. Location: no,501, yu shan rd., west district, chiayi city TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$292.8m (flat on 3Q 2024). Net income: NT$4.56m (up NT$12.7m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.New Risk • Nov 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$37.2m).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$339.7m (up 26% from 2Q 2024). Net loss: NT$11.2m (down 204% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Declared Dividend • Jul 21Dividend of NT$0.10 announcedDividend of NT$0.10 is the same as last year. Ex-date: 1st August 2025 Payment date: 29th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.085 in 1Q 2024)First quarter 2025 results: EPS: NT$0.02 (down from NT$0.085 in 1Q 2024). Revenue: NT$241.4m (up 16% from 1Q 2024). Net income: NT$1.08m (down 81% from 1Q 2024). Profit margin: 0.4% (down from 2.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • May 08Jhen Vei Electronic Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (NT$905.3m market cap, or US$27.9m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$13.00, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 9.9% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.29 (vs NT$0.055 in FY 2023)Full year 2024 results: EPS: NT$0.29 (up from NT$0.055 in FY 2023). Revenue: NT$1.10b (up 31% from FY 2023). Net income: NT$20.1m (up 427% from FY 2023). Profit margin: 1.8% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Mar 14+ 1 more updateJhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 26, 2025Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: no,501, yu shan rd., west district, chiayi city Taiwanお知らせ • Mar 06Jhen Vei Electronic Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025New Risk • Dec 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (NT$1.40b market cap, or US$43.1m).New Risk • Dec 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 41% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (NT$1.56b market cap, or US$48.2m).Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.12 loss per share (vs NT$0.13 profit in 3Q 2023)Third quarter 2024 results: NT$0.12 loss per share (down from NT$0.13 profit in 3Q 2023). Revenue: NT$293.1m (up 43% from 3Q 2023). Net loss: NT$8.16m (down 192% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Nov 06Jhen Vei Electronic Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024お知らせ • Sep 11Jhen Vei Electronic Co., Ltd. Announces on Behalf of the Subsidiary, Change to the Accounting Officer At GZ Electronic Co., LtdJhen Vei Electronic Co., Ltd. announces on behalf of the subsidiary, change to the accounting officer at GZ ELECTRONIC CO., LTD. announced Name, title, and resume of the new position holder: Li Pi Chu, Senior Manager of the Accounting Department, Bison Electronics Inc. The appointment of the accounting officer will be announced separately after approval by the board of directors. Effective date: September 9, 2024.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.044 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.16 (up from NT$0.044 in 2Q 2023). Revenue: NT$269.8m (up 42% from 2Q 2023). Net income: NT$10.8m (up 261% from 2Q 2023). Profit margin: 4.0% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 06Jhen Vei Electronic Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Declared Dividend • Jul 19Dividend reduced to NT$0.10Dividend of NT$0.10 is 67% lower than last year. Ex-date: 30th July 2024 Payment date: 26th August 2024 Dividend yield will be 0.4%, which is lower than the industry average of 4.0%.お知らせ • Jun 19Jhen Vei Electronic Co., Ltd. Announces Appointment of Kevin, Ge as Corporate Governance OfficerJhen Vei Electronic Co., Ltd. announced appointment of Kevin, Ge as corporate governance officer. Resume of the new position holder: General Manager/Jhen Vei Electronic Co., Ltd. Effective date is June 18, 2024.Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.075 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.08 (up from NT$0.075 loss in 1Q 2023). Revenue: NT$208.3m (flat on 1Q 2023). Net income: NT$5.84m (up NT$11.0m from 1Q 2023). Profit margin: 2.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 18Jhen Vei Electronic Co., Ltd. Announces Executive ChangesJhen Vei Electronic Co., Ltd. announced change to the acting spokesperson, financial officer, accounting officer, corporate governance officer. Name, title, and resume of the previous position holder: financial officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., accounting officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., corporate governance officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., Name, title, and resume of the new position holder: financial officer: Provisional by Kevin, Ge/General Manager. accounting officer: Provisional by Acting accounting officer corporate governance officer: New candidates to be discussed by the Board of Directors. Effective date: May 17, 2024. New candidates will be further announced after the appointment of board of directors.お知らせ • May 15Jhen Vei Electronic Co., Ltd. announced a financing transactionJhen Vei Electronic Co., Ltd. announced a private placement to issue 20,000,000 common shares on May 13, 2024. The transaction has been approved by shareholders of the company.お知らせ • May 05Jhen Vei Electronic Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$836.3m (down 17% from FY 2022). Net income: NT$3.82m (down 96% from FY 2022). Profit margin: 0.5% (down from 9.3% 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 45% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 16Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 25, 2024Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: No.501, Yushan Rd., West Dist., 600 (LOOK ROYAL RESORT Hotel) Chiayi City Taiwan Agenda: To consider the 2023 Business report; to consider the 2023 The status of the common stock in private placement; to consider the remuneration of employees and directors for the year 2023; to consider the distribution of cash dividends of 2023 earnings; to consider the adoption of the 2023 Business Report and Financial Statements; and to discuss other matters.New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (NT$1.43b market cap, or US$45.7m).New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 124% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$36.5m).Buying Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$21.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 43%.Upcoming Dividend • Jul 21Upcoming dividend of NT$0.30 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 August 2023. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 141% over the past three years.Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Jin Han Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.70, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$16.85, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$20.40, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past three years.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.045 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.045 loss in 2Q 2021). Revenue: NT$212.1m (down 19% from 2Q 2021). Net income: NT$8.06m (up NT$10.3m from 2Q 2021). Profit margin: 3.8% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.85, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 6.5% over the past three years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.50, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.76 (vs NT$0.23 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.76 (up from NT$0.23 loss in 1Q 2021). Revenue: NT$242.0m (up 11% from 1Q 2021). Net income: NT$52.0m (up NT$63.2m from 1Q 2021). Profit margin: 22% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.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. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.13 (vs NT$0.31 in FY 2020)Full year 2021 results: EPS: NT$0.13 (down from NT$0.31 in FY 2020). Revenue: NT$1.18b (up 6.4% from FY 2020). Net income: NT$6.69m (down 53% from FY 2020). Profit margin: 0.6% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$0.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$322.0m (up 2.4% from 3Q 2020). Net income: NT$9.20m (down 9.2% from 3Q 2020). Profit margin: 2.9% (down from 3.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 12Second quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.17 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$262.1m (down 3.8% from 2Q 2020). Net loss: NT$2.22m (down 127% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2021 earnings released: NT$0.23 loss per share (vs NT$0.11 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$218.1m (up 66% from 1Q 2020). Net loss: NT$11.2m (loss widened 165% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$18.00, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 18% over the past three years.分析記事 • Mar 27Is Jhen Vei Electronic (GTSM:3520) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$0.31 (vs NT$0.44 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$1.11b (up 32% from FY 2019). Net income: NT$14.2m (down 17% from FY 2019). Profit margin: 1.3% (down from 2.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.分析記事 • Feb 28Will the Promising Trends At Jhen Vei Electronic (GTSM:3520) Continue?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$16.10, the stock is trading at a trailing P/E ratio of 31.9x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 59%.Is New 90 Day High Low • Jan 28New 90-day low: NT$13.65The company is down 18% from its price of NT$16.60 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period.分析記事 • Jan 21Should Weakness in Jhen Vei Electronic Co., Ltd.'s (GTSM:3520) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?It is hard to get excited after looking at Jhen Vei Electronic's (GTSM:3520) recent performance, when its stock has...Is New 90 Day High Low • Jan 08New 90-day low: NT$15.65The company is down 11% from its price of NT$17.55 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.分析記事 • Dec 26Jhen Vei Electronic (GTSM:3520) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 21New 90-day low: NT$16.00The company is down 11% from its price of NT$17.90 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.分析記事 • Nov 29Will The ROCE Trend At Jhen Vei Electronic (GTSM:3520) Continue?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.21The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues were improved. Third quarter 2020 results: Revenue: NT$314.5m (up 47% from 3Q 2019). Net income: NT$10.1m (flat on 3Q 2019). Profit margin: 3.2% (down from 4.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Nov 06New 90-day low: NT$16.35The company is down 14% from its price of NT$19.00 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 20New 90-day low: NT$16.45The company is down 18% from its price of NT$19.95 on 22 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.収支内訳Jhen Vei Electronic の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:3520 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 261,273-121451131 Dec 251,208-71471130 Sep 251,20061441130 Jun 251,201-71431131 Mar 251,131151401031 Dec 241,09820132930 Sep 241,0046134630 Jun 2491623133431 Mar 2483615133231 Dec 238364135030 Sep 238907136030 Jun 2394831136031 Mar 2397036136031 Dec 221,00493136030 Sep 2291492120030 Jun 2281568103031 Mar 227475386031 Dec 21620-1369030 Sep 21811-1284030 Jun 21962-10103031 Mar 211,0915118031 Dec 201,10714132030 Sep 2094422125030 Jun 2084222121031 Mar 2079017123031 Dec 1983817126030 Sep 1988320127030 Jun 1990517126031 Mar 1988311121031 Dec 188681120030 Sep 18855-52159030 Jun 18913-97192031 Mar 18899-105193031 Dec 17884-107193030 Sep 17827-93157030 Jun 17714-66124031 Mar 17675-65118031 Dec 16646-60113030 Sep 16589-40103030 Jun 16538-2396031 Mar 16516-3297231 Dec 15538-4296430 Sep 15592-36106630 Jun 15693-671256質の高い収益: 3520は現在利益が出ていません。利益率の向上: 3520は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3520は利益が出ておらず、過去 5 年間で損失は年間21.4%の割合で増加しています。成長の加速: 3520の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 3520は利益が出ていないため、過去 1 年間の収益成長をElectronic業界 ( -4% ) と比較することは困難です。株主資本利益率高いROE: 3520は現在利益が出ていないため、自己資本利益率 ( -1.64% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 20:17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Jhen Vei Electronic Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.069 loss per share (vs NT$0.016 profit in 1Q 2025)First quarter 2026 results: NT$0.069 loss per share (down from NT$0.016 profit in 1Q 2025). Revenue: NT$306.0m (up 27% from 1Q 2025). Net loss: NT$4.73m (down NT$5.81m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$292.8m (flat on 3Q 2024). Net income: NT$4.56m (up NT$12.7m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$339.7m (up 26% from 2Q 2024). Net loss: NT$11.2m (down 204% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.085 in 1Q 2024)First quarter 2025 results: EPS: NT$0.02 (down from NT$0.085 in 1Q 2024). Revenue: NT$241.4m (up 16% from 1Q 2024). Net income: NT$1.08m (down 81% from 1Q 2024). Profit margin: 0.4% (down from 2.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • May 08Jhen Vei Electronic Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.29 (vs NT$0.055 in FY 2023)Full year 2024 results: EPS: NT$0.29 (up from NT$0.055 in FY 2023). Revenue: NT$1.10b (up 31% from FY 2023). Net income: NT$20.1m (up 427% from FY 2023). Profit margin: 1.8% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.069 loss per share (vs NT$0.016 profit in 1Q 2025)First quarter 2026 results: NT$0.069 loss per share (down from NT$0.016 profit in 1Q 2025). Revenue: NT$306.0m (up 27% from 1Q 2025). Net loss: NT$4.73m (down NT$5.81m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$988.0m market cap, or US$31.0m).
お知らせ • Mar 11Jhen Vei Electronic Co., Ltd., Annual General Meeting, May 25, 2026Jhen Vei Electronic Co., Ltd., Annual General Meeting, May 25, 2026. Location: no,501, yu shan rd., west district, chiayi city Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$292.8m (flat on 3Q 2024). Net income: NT$4.56m (up NT$12.7m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
New Risk • Nov 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$37.2m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.16 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$339.7m (up 26% from 2Q 2024). Net loss: NT$11.2m (down 204% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Declared Dividend • Jul 21Dividend of NT$0.10 announcedDividend of NT$0.10 is the same as last year. Ex-date: 1st August 2025 Payment date: 29th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.085 in 1Q 2024)First quarter 2025 results: EPS: NT$0.02 (down from NT$0.085 in 1Q 2024). Revenue: NT$241.4m (up 16% from 1Q 2024). Net income: NT$1.08m (down 81% from 1Q 2024). Profit margin: 0.4% (down from 2.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • May 08Jhen Vei Electronic Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (NT$905.3m market cap, or US$27.9m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$13.00, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 9.9% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.29 (vs NT$0.055 in FY 2023)Full year 2024 results: EPS: NT$0.29 (up from NT$0.055 in FY 2023). Revenue: NT$1.10b (up 31% from FY 2023). Net income: NT$20.1m (up 427% from FY 2023). Profit margin: 1.8% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Mar 14+ 1 more updateJhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 26, 2025Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: no,501, yu shan rd., west district, chiayi city Taiwan
お知らせ • Mar 06Jhen Vei Electronic Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Jhen Vei Electronic Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
New Risk • Dec 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (NT$1.40b market cap, or US$43.1m).
New Risk • Dec 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 41% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (NT$1.56b market cap, or US$48.2m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.12 loss per share (vs NT$0.13 profit in 3Q 2023)Third quarter 2024 results: NT$0.12 loss per share (down from NT$0.13 profit in 3Q 2023). Revenue: NT$293.1m (up 43% from 3Q 2023). Net loss: NT$8.16m (down 192% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Nov 06Jhen Vei Electronic Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
お知らせ • Sep 11Jhen Vei Electronic Co., Ltd. Announces on Behalf of the Subsidiary, Change to the Accounting Officer At GZ Electronic Co., LtdJhen Vei Electronic Co., Ltd. announces on behalf of the subsidiary, change to the accounting officer at GZ ELECTRONIC CO., LTD. announced Name, title, and resume of the new position holder: Li Pi Chu, Senior Manager of the Accounting Department, Bison Electronics Inc. The appointment of the accounting officer will be announced separately after approval by the board of directors. Effective date: September 9, 2024.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.044 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.16 (up from NT$0.044 in 2Q 2023). Revenue: NT$269.8m (up 42% from 2Q 2023). Net income: NT$10.8m (up 261% from 2Q 2023). Profit margin: 4.0% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 06Jhen Vei Electronic Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Declared Dividend • Jul 19Dividend reduced to NT$0.10Dividend of NT$0.10 is 67% lower than last year. Ex-date: 30th July 2024 Payment date: 26th August 2024 Dividend yield will be 0.4%, which is lower than the industry average of 4.0%.
お知らせ • Jun 19Jhen Vei Electronic Co., Ltd. Announces Appointment of Kevin, Ge as Corporate Governance OfficerJhen Vei Electronic Co., Ltd. announced appointment of Kevin, Ge as corporate governance officer. Resume of the new position holder: General Manager/Jhen Vei Electronic Co., Ltd. Effective date is June 18, 2024.
Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.075 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.08 (up from NT$0.075 loss in 1Q 2023). Revenue: NT$208.3m (flat on 1Q 2023). Net income: NT$5.84m (up NT$11.0m from 1Q 2023). Profit margin: 2.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 18Jhen Vei Electronic Co., Ltd. Announces Executive ChangesJhen Vei Electronic Co., Ltd. announced change to the acting spokesperson, financial officer, accounting officer, corporate governance officer. Name, title, and resume of the previous position holder: financial officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., accounting officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., corporate governance officer: C.T. Lan/Accounting Dept.Senior Manager/Jhen Vei Electronic Co., Ltd., Name, title, and resume of the new position holder: financial officer: Provisional by Kevin, Ge/General Manager. accounting officer: Provisional by Acting accounting officer corporate governance officer: New candidates to be discussed by the Board of Directors. Effective date: May 17, 2024. New candidates will be further announced after the appointment of board of directors.
お知らせ • May 15Jhen Vei Electronic Co., Ltd. announced a financing transactionJhen Vei Electronic Co., Ltd. announced a private placement to issue 20,000,000 common shares on May 13, 2024. The transaction has been approved by shareholders of the company.
お知らせ • May 05Jhen Vei Electronic Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Jhen Vei Electronic Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$836.3m (down 17% from FY 2022). Net income: NT$3.82m (down 96% from FY 2022). Profit margin: 0.5% (down from 9.3% 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 45% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 16Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 25, 2024Jhen Vei Electronic Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: No.501, Yushan Rd., West Dist., 600 (LOOK ROYAL RESORT Hotel) Chiayi City Taiwan Agenda: To consider the 2023 Business report; to consider the 2023 The status of the common stock in private placement; to consider the remuneration of employees and directors for the year 2023; to consider the distribution of cash dividends of 2023 earnings; to consider the adoption of the 2023 Business Report and Financial Statements; and to discuss other matters.
New Risk • Jan 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (NT$1.43b market cap, or US$45.7m).
New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 124% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$36.5m).
Buying Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$21.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 43%.
Upcoming Dividend • Jul 21Upcoming dividend of NT$0.30 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 August 2023. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 141% over the past three years.
Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Jin Han Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.70, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$16.85, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$20.40, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.045 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.045 loss in 2Q 2021). Revenue: NT$212.1m (down 19% from 2Q 2021). Net income: NT$8.06m (up NT$10.3m from 2Q 2021). Profit margin: 3.8% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.85, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 6.5% over the past three years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.50, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.76 (vs NT$0.23 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.76 (up from NT$0.23 loss in 1Q 2021). Revenue: NT$242.0m (up 11% from 1Q 2021). Net income: NT$52.0m (up NT$63.2m from 1Q 2021). Profit margin: 22% (up from net loss in 1Q 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
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. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.13 (vs NT$0.31 in FY 2020)Full year 2021 results: EPS: NT$0.13 (down from NT$0.31 in FY 2020). Revenue: NT$1.18b (up 6.4% from FY 2020). Net income: NT$6.69m (down 53% from FY 2020). Profit margin: 0.6% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$0.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$322.0m (up 2.4% from 3Q 2020). Net income: NT$9.20m (down 9.2% from 3Q 2020). Profit margin: 2.9% (down from 3.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 12Second quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.17 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$262.1m (down 3.8% from 2Q 2020). Net loss: NT$2.22m (down 127% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2021 earnings released: NT$0.23 loss per share (vs NT$0.11 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$218.1m (up 66% from 1Q 2020). Net loss: NT$11.2m (loss widened 165% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$18.00, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total loss to shareholders of 18% over the past three years.
分析記事 • Mar 27Is Jhen Vei Electronic (GTSM:3520) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$0.31 (vs NT$0.44 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$1.11b (up 32% from FY 2019). Net income: NT$14.2m (down 17% from FY 2019). Profit margin: 1.3% (down from 2.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
分析記事 • Feb 28Will the Promising Trends At Jhen Vei Electronic (GTSM:3520) Continue?If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$16.10, the stock is trading at a trailing P/E ratio of 31.9x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 59%.
Is New 90 Day High Low • Jan 28New 90-day low: NT$13.65The company is down 18% from its price of NT$16.60 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period.
分析記事 • Jan 21Should Weakness in Jhen Vei Electronic Co., Ltd.'s (GTSM:3520) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?It is hard to get excited after looking at Jhen Vei Electronic's (GTSM:3520) recent performance, when its stock has...
Is New 90 Day High Low • Jan 08New 90-day low: NT$15.65The company is down 11% from its price of NT$17.55 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
分析記事 • Dec 26Jhen Vei Electronic (GTSM:3520) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 21New 90-day low: NT$16.00The company is down 11% from its price of NT$17.90 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.
分析記事 • Nov 29Will The ROCE Trend At Jhen Vei Electronic (GTSM:3520) Continue?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.21The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues were improved. Third quarter 2020 results: Revenue: NT$314.5m (up 47% from 3Q 2019). Net income: NT$10.1m (flat on 3Q 2019). Profit margin: 3.2% (down from 4.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Nov 06New 90-day low: NT$16.35The company is down 14% from its price of NT$19.00 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 20New 90-day low: NT$16.45The company is down 18% from its price of NT$19.95 on 22 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.