View Past PerformanceU.D. Electronic バランスシートの健全性財務の健全性 基準チェック /66U.D. Electronicの総株主資本はNT$4.8B 、総負債はNT$822.6Mで、負債比率は17%となります。総資産と総負債はそれぞれNT$8.1BとNT$3.3Bです。 U.D. Electronicの EBIT はNT$848.6Mで、利息カバレッジ比率-74.3です。現金および短期投資はNT$1.8Bです。主要情報17.02%負債資本比率NT$822.57m負債インタレスト・カバレッジ・レシオ-74.3x現金NT$1.83bエクイティNT$4.83b負債合計NT$3.30b総資産NT$8.13b財務の健全性に関する最新情報分析記事 • Apr 28Is U.D.Electronic (GTSM:3689) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 24These 4 Measures Indicate That U.D.Electronic (GTSM:3689) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...すべての更新を表示Recent updatesReported Earnings • May 12First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.23 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.23 in 1Q 2025). Revenue: NT$1.92b (up 29% from 1Q 2025). Net income: NT$182.2m (down 3.2% from 1Q 2025). Profit margin: 9.5% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$124, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 249% over the past three years.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$124, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 268% over the past three years.New Risk • Mar 18New 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 7.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$7.55 (vs NT$6.42 in FY 2024)Full year 2025 results: EPS: NT$7.55 (up from NT$6.42 in FY 2024). Revenue: NT$6.21b (up 21% from FY 2024). Net income: NT$652.2m (up 28% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 26U.D. Electronic Corp., Annual General Meeting, May 27, 2026U.D. Electronic Corp., Annual General Meeting, May 27, 2026. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city TaiwanBuy Or Sell Opportunity • Feb 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$120. The fair value is estimated to be NT$99.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has grown by 26%.New Risk • Jan 02New 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change).Buy Or Sell Opportunity • Jan 02Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to NT$127. The fair value is estimated to be NT$97.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has grown by 26%.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.67 (vs NT$2.34 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.67 (down from NT$2.34 in 3Q 2024). Revenue: NT$1.50b (up 5.0% from 3Q 2024). Net income: NT$143.6m (down 23% from 3Q 2024). Profit margin: 9.5% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (116% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.65 (vs NT$1.47 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.65 (up from NT$1.47 in 2Q 2024). Revenue: NT$1.54b (up 28% from 2Q 2024). Net income: NT$140.9m (up 22% from 2Q 2024). Profit margin: 9.1% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 25Upcoming dividend of NT$2.92 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 28 August 2025. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.9%).Declared Dividend • Jun 26Dividend increased to NT$3.00Dividend of NT$3.00 is 23% higher than last year. Ex-date: 1st August 2025 Payment date: 28th August 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (349% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 62% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 158% over the past three years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.23 (vs NT$0.55 in 1Q 2024)First quarter 2025 results: EPS: NT$2.23 (up from NT$0.55 in 1Q 2024). Revenue: NT$1.49b (up 37% from 1Q 2024). Net income: NT$188.3m (up 334% from 1Q 2024). Profit margin: 13% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01U.D. Electronic Corp. to Report Q1, 2025 Results on May 08, 2025U.D. Electronic Corp. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$71.20, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 75% over the past three years.Buy Or Sell Opportunity • Apr 08Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to NT$71.20. The fair value is estimated to be NT$93.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has grown by 13%.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$6.42 (vs NT$4.94 in FY 2023)Full year 2024 results: EPS: NT$6.42 (up from NT$4.94 in FY 2023). Revenue: NT$5.15b (down 16% from FY 2023). Net income: NT$511.2m (up 33% from FY 2023). Profit margin: 9.9% (up from 6.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 03U.D. Electronic Corp., Annual General Meeting, May 29, 2025U.D. Electronic Corp., Annual General Meeting, May 29, 2025. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwanお知らせ • Feb 21U.D. Electronic Corp. to Report Fiscal Year 2024 Results on Feb 27, 2025U.D. Electronic Corp. announced that they will report fiscal year 2024 results on Feb 27, 2025Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$83.30, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.90, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.34 (vs NT$2.07 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.34 (up from NT$2.07 in 3Q 2023). Revenue: NT$1.43b (down 19% from 3Q 2023). Net income: NT$186.4m (up 15% from 3Q 2023). Profit margin: 13% (up from 9.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$91.60, 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 195% over the past three years.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$1.47 (vs NT$1.49 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.47. Revenue: NT$1.21b (down 23% from 2Q 2023). Net income: NT$115.9m (flat on 2Q 2023). Profit margin: 9.6% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses.お知らせ • Jul 26U.D. Electronic Corp. to Report Q2, 2024 Results on Aug 02, 2024U.D. Electronic Corp. announced that they will report Q2, 2024 results on Aug 02, 2024Upcoming Dividend • Jul 25Upcoming dividend of NT$2.45 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.7%).Declared Dividend • Jun 27Dividend increased to NT$2.47Dividend of NT$2.47 is 8.8% higher than last year. Ex-date: 1st August 2024 Payment date: 28th August 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 25U.D. Electronic Corp. Announces Cash Dividend, Payable on August 28, 2024U.D. Electronic Corp. at the shareholders meeting, or of the decision by the company on June 24, 2024, Cash dividends of TWD 194,450,859 (TWD 2.47 per share) of common stock. Ex-rights (Ex-dividend) date is August 01, 2024; Ex-rights (Ex-dividend) record date is August 07, 2024; Payment date of cash dividend distribution is August 28, 2024.お知らせ • Jun 20Dongguan U.D.E. Electronics Corp Announces Change of DirectorOn June 19, 2024, U.D. Electronic Corp. announced for the change of director on behalf of the subsidiary, Dongguan U.D.E. Electronics Corp. Title and name of the previous position holder: Mr. Huang Ren-Jia. Resume of the previous position holder: Director of UDE. Title and name of the new position holder: Mr. Xiao Jun-Cai. Resume of the new position holder: Director of U.D.E. Reason for the change: New appointment. Effective date of the new appointment: June 19, 2024.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.95 in 1Q 2023)First quarter 2024 results: EPS: NT$0.55 (down from NT$0.95 in 1Q 2023). Revenue: NT$1.09b (down 25% from 1Q 2023). Net income: NT$43.4m (down 41% from 1Q 2023). Profit margin: 4.0% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$72.40, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 205% over the past three years.Reported Earnings • Mar 24Full year 2023 earnings released: EPS: NT$4.94 (vs NT$4.25 in FY 2022)Full year 2023 results: EPS: NT$4.94 (up from NT$4.25 in FY 2022). Revenue: NT$6.12b (down 3.1% from FY 2022). Net income: NT$384.7m (up 18% from FY 2022). Profit margin: 6.3% (up from 5.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.お知らせ • Mar 08+ 1 more updateU.D. Electronic Corp., Annual General Meeting, Jun 18, 2024U.D. Electronic Corp., Annual General Meeting, Jun 18, 2024. Location: 200 Da Xing West Road, Section 1, Taoyuan District (Taoyuan Fullon Hotel) Taoyuan City Taiwan Agenda: To consider Report on the business of 2023; Audit Committee's review report of 2023; Report on employees' remuneration and directors' remuneration of 2023; Report on the proposal for distribution of 2023 earnings; Report on the 4th Unsecured Convertible Corporate Bond Issuance Situation; and to discuss other matters.New Risk • Feb 23New 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.70, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.Reported Earnings • Nov 21Third quarter 2023 earnings released: EPS: NT$2.07 (vs NT$0.99 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.07 (up from NT$0.99 in 3Q 2022). Revenue: NT$1.77b (up 18% from 3Q 2022). Net income: NT$161.9m (up 112% from 3Q 2022). Profit margin: 9.1% (up from 5.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$72.00, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 143% over the past three years.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$1.49 (vs NT$1.28 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.49 (up from NT$1.28 in 2Q 2022). Revenue: NT$1.57b (down 7.9% from 2Q 2022). Net income: NT$115.2m (up 17% from 2Q 2022). Profit margin: 7.4% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$62.20, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 128% over the past three years.New Risk • Jul 22New 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$49.35, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 93% over the past three years.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.25 (vs NT$3.28 in FY 2021)Full year 2022 results: EPS: NT$4.25 (up from NT$3.28 in FY 2021). Revenue: NT$6.32b (up 2.5% from FY 2021). Net income: NT$327.4m (up 36% from FY 2021). Profit margin: 5.2% (up from 3.9% 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 49% per year but the company’s share price has only increased by 28% 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$0.99 (vs NT$1.44 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.99 (down from NT$1.44 in 3Q 2021). Revenue: NT$1.49b (down 14% from 3Q 2021). Net income: NT$76.5m (down 24% from 3Q 2021). Profit margin: 5.1% (down from 5.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be NT$37.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 54%.Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: NT$1.28 (vs NT$1.16 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.28 (up from NT$1.16 in 2Q 2021). Revenue: NT$1.70b (up 7.8% from 2Q 2021). Net income: NT$98.5m (up 22% from 2Q 2021). Profit margin: 5.8% (up from 5.1% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$2.29 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.8%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$1.36 (up from NT$0.39 in 1Q 2021). Revenue: NT$1.65b (up 22% from 1Q 2021). Net income: NT$104.2m (up 282% from 1Q 2021). Profit margin: 6.3% (up from 2.0% in 1Q 2021). The increase in margin was driven by higher revenue. 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 17% 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.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$50.30, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 97% over the past three years.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$52.90, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.44 (vs NT$0.49 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.73b (up 29% from 3Q 2020). Net income: NT$100.0m (up 191% from 3Q 2020). Profit margin: 5.8% (up from 2.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$41.40, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 74% over the past three years.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$52.20, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$38.95, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.16 (vs NT$1.72 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.58b (up 7.9% from 2Q 2020). Net income: NT$80.9m (down 33% from 2Q 2020). Profit margin: 5.1% (down from 8.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$32.50, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 18% over the past three years.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 23 August 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.42 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$1.36b (up 46% from 1Q 2020). Net income: NT$27.3m (up NT$56.6m from 1Q 2020). Profit margin: 2.0% (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 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.分析記事 • Apr 28Is U.D.Electronic (GTSM:3689) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.37 (vs NT$0.77 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.98b (up 6.9% from FY 2019). Net income: NT$95.4m (up 79% from FY 2019). Profit margin: 1.9% (up from 1.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Mar 23Is U.D.Electronic Corp. (GTSM:3689) An Attractive Dividend Stock?Is U.D.Electronic Corp. ( GTSM:3689 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Mar 04U.D.Electronic Corp. (GTSM:3689) Stock's On A Decline: Are Poor Fundamentals The Cause?It is hard to get excited after looking at U.D.Electronic's (GTSM:3689) recent performance, when its stock has declined...分析記事 • Feb 15Are Investors Concerned With What's Going On At U.D.Electronic (GTSM:3689)?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...分析記事 • Jan 24These 4 Measures Indicate That U.D.Electronic (GTSM:3689) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Jan 03U.D.Electronic's(GTSM:3689) Share Price Is Down 36% Over The Past Three Years.In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Dec 13Here's What You Should Know About U.D.Electronic Corp.'s (GTSM:3689) 1.5% Dividend YieldCould U.D.Electronic Corp. ( GTSM:3689 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Dec 01New 90-day high: NT$34.60The company is up 2.0% from its price of NT$34.00 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.分析記事 • Nov 25Is U.D.Electronic Corp.'s (GTSM:3689) Recent Performancer Underpinned By Weak Financials?With its stock down 13% over the past three months, it is easy to disregard U.D.Electronic (GTSM:3689). To decide if...Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.49The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.34b (up 7.2% from 3Q 2019). Net income: NT$34.4m (down 17% from 3Q 2019). Profit margin: 2.6% (down from 3.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.49The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.34b (up 7.2% from 3Q 2019). Net income: NT$34.4m (down 17% from 3Q 2019). Profit margin: 2.6% (down from 3.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 30New 90-day low: NT$28.30The company is down 15% from its price of NT$33.40 on 31 July 2020. The Taiwanese market is flat 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.財務状況分析短期負債: 3689の 短期資産 ( NT$5.2B ) が 短期負債 ( NT$3.2B ) を超えています。長期負債: 3689の短期資産 ( NT$5.2B ) が 長期負債 ( NT$144.8M ) 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: 3689総負債よりも多くの現金を保有しています。負債の削減: 3689の負債対資本比率は、過去 5 年間で68.1%から17%に減少しました。債務返済能力: 3689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 ( 135.6% )。インタレストカバレッジ: 3689支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。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 22:13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U.D. Electronic Corp. 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。3 アナリスト機関Meizhen WangCapital Securities Corporationnull nullKGI Securities Co. Ltd.Liren LiangMasterlink Securities Investment Advisory
分析記事 • Apr 28Is U.D.Electronic (GTSM:3689) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 24These 4 Measures Indicate That U.D.Electronic (GTSM:3689) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.23 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.23 in 1Q 2025). Revenue: NT$1.92b (up 29% from 1Q 2025). Net income: NT$182.2m (down 3.2% from 1Q 2025). Profit margin: 9.5% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$124, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 249% over the past three years.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$124, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 268% over the past three years.
New Risk • Mar 18New 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 7.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$7.55 (vs NT$6.42 in FY 2024)Full year 2025 results: EPS: NT$7.55 (up from NT$6.42 in FY 2024). Revenue: NT$6.21b (up 21% from FY 2024). Net income: NT$652.2m (up 28% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 26U.D. Electronic Corp., Annual General Meeting, May 27, 2026U.D. Electronic Corp., Annual General Meeting, May 27, 2026. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan
Buy Or Sell Opportunity • Feb 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to NT$120. The fair value is estimated to be NT$99.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has grown by 26%.
New Risk • Jan 02New 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change).
Buy Or Sell Opportunity • Jan 02Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to NT$127. The fair value is estimated to be NT$97.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has grown by 26%.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.67 (vs NT$2.34 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.67 (down from NT$2.34 in 3Q 2024). Revenue: NT$1.50b (up 5.0% from 3Q 2024). Net income: NT$143.6m (down 23% from 3Q 2024). Profit margin: 9.5% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (116% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.65 (vs NT$1.47 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.65 (up from NT$1.47 in 2Q 2024). Revenue: NT$1.54b (up 28% from 2Q 2024). Net income: NT$140.9m (up 22% from 2Q 2024). Profit margin: 9.1% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.92 per shareEligible shareholders must have bought the stock before 01 August 2025. Payment date: 28 August 2025. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.9%).
Declared Dividend • Jun 26Dividend increased to NT$3.00Dividend of NT$3.00 is 23% higher than last year. Ex-date: 1st August 2025 Payment date: 28th August 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (349% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 62% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 158% over the past three years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.23 (vs NT$0.55 in 1Q 2024)First quarter 2025 results: EPS: NT$2.23 (up from NT$0.55 in 1Q 2024). Revenue: NT$1.49b (up 37% from 1Q 2024). Net income: NT$188.3m (up 334% from 1Q 2024). Profit margin: 13% (up from 4.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01U.D. Electronic Corp. to Report Q1, 2025 Results on May 08, 2025U.D. Electronic Corp. announced that they will report Q1, 2025 results on May 08, 2025
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$71.20, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 75% over the past three years.
Buy Or Sell Opportunity • Apr 08Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to NT$71.20. The fair value is estimated to be NT$93.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has grown by 13%.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$6.42 (vs NT$4.94 in FY 2023)Full year 2024 results: EPS: NT$6.42 (up from NT$4.94 in FY 2023). Revenue: NT$5.15b (down 16% from FY 2023). Net income: NT$511.2m (up 33% from FY 2023). Profit margin: 9.9% (up from 6.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 03U.D. Electronic Corp., Annual General Meeting, May 29, 2025U.D. Electronic Corp., Annual General Meeting, May 29, 2025. Location: b1 floor no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan
お知らせ • Feb 21U.D. Electronic Corp. to Report Fiscal Year 2024 Results on Feb 27, 2025U.D. Electronic Corp. announced that they will report fiscal year 2024 results on Feb 27, 2025
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$83.30, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.
New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$93.90, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.34 (vs NT$2.07 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.34 (up from NT$2.07 in 3Q 2023). Revenue: NT$1.43b (down 19% from 3Q 2023). Net income: NT$186.4m (up 15% from 3Q 2023). Profit margin: 13% (up from 9.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$91.60, 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 195% over the past three years.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$1.47 (vs NT$1.49 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.47. Revenue: NT$1.21b (down 23% from 2Q 2023). Net income: NT$115.9m (flat on 2Q 2023). Profit margin: 9.6% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses.
お知らせ • Jul 26U.D. Electronic Corp. to Report Q2, 2024 Results on Aug 02, 2024U.D. Electronic Corp. announced that they will report Q2, 2024 results on Aug 02, 2024
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.45 per shareEligible shareholders must have bought the stock before 01 August 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.7%).
Declared Dividend • Jun 27Dividend increased to NT$2.47Dividend of NT$2.47 is 8.8% higher than last year. Ex-date: 1st August 2024 Payment date: 28th August 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 25U.D. Electronic Corp. Announces Cash Dividend, Payable on August 28, 2024U.D. Electronic Corp. at the shareholders meeting, or of the decision by the company on June 24, 2024, Cash dividends of TWD 194,450,859 (TWD 2.47 per share) of common stock. Ex-rights (Ex-dividend) date is August 01, 2024; Ex-rights (Ex-dividend) record date is August 07, 2024; Payment date of cash dividend distribution is August 28, 2024.
お知らせ • Jun 20Dongguan U.D.E. Electronics Corp Announces Change of DirectorOn June 19, 2024, U.D. Electronic Corp. announced for the change of director on behalf of the subsidiary, Dongguan U.D.E. Electronics Corp. Title and name of the previous position holder: Mr. Huang Ren-Jia. Resume of the previous position holder: Director of UDE. Title and name of the new position holder: Mr. Xiao Jun-Cai. Resume of the new position holder: Director of U.D.E. Reason for the change: New appointment. Effective date of the new appointment: June 19, 2024.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.95 in 1Q 2023)First quarter 2024 results: EPS: NT$0.55 (down from NT$0.95 in 1Q 2023). Revenue: NT$1.09b (down 25% from 1Q 2023). Net income: NT$43.4m (down 41% from 1Q 2023). Profit margin: 4.0% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$72.40, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 205% over the past three years.
Reported Earnings • Mar 24Full year 2023 earnings released: EPS: NT$4.94 (vs NT$4.25 in FY 2022)Full year 2023 results: EPS: NT$4.94 (up from NT$4.25 in FY 2022). Revenue: NT$6.12b (down 3.1% from FY 2022). Net income: NT$384.7m (up 18% from FY 2022). Profit margin: 6.3% (up from 5.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 34% per year.
お知らせ • Mar 08+ 1 more updateU.D. Electronic Corp., Annual General Meeting, Jun 18, 2024U.D. Electronic Corp., Annual General Meeting, Jun 18, 2024. Location: 200 Da Xing West Road, Section 1, Taoyuan District (Taoyuan Fullon Hotel) Taoyuan City Taiwan Agenda: To consider Report on the business of 2023; Audit Committee's review report of 2023; Report on employees' remuneration and directors' remuneration of 2023; Report on the proposal for distribution of 2023 earnings; Report on the 4th Unsecured Convertible Corporate Bond Issuance Situation; and to discuss other matters.
New Risk • Feb 23New 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.70, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Nov 21Third quarter 2023 earnings released: EPS: NT$2.07 (vs NT$0.99 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.07 (up from NT$0.99 in 3Q 2022). Revenue: NT$1.77b (up 18% from 3Q 2022). Net income: NT$161.9m (up 112% from 3Q 2022). Profit margin: 9.1% (up from 5.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$72.00, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 143% over the past three years.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$1.49 (vs NT$1.28 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.49 (up from NT$1.28 in 2Q 2022). Revenue: NT$1.57b (down 7.9% from 2Q 2022). Net income: NT$115.2m (up 17% from 2Q 2022). Profit margin: 7.4% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$62.20, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 128% over the past three years.
New Risk • Jul 22New 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$49.35, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 93% over the past three years.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.25 (vs NT$3.28 in FY 2021)Full year 2022 results: EPS: NT$4.25 (up from NT$3.28 in FY 2021). Revenue: NT$6.32b (up 2.5% from FY 2021). Net income: NT$327.4m (up 36% from FY 2021). Profit margin: 5.2% (up from 3.9% 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 49% per year but the company’s share price has only increased by 28% 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$0.99 (vs NT$1.44 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.99 (down from NT$1.44 in 3Q 2021). Revenue: NT$1.49b (down 14% from 3Q 2021). Net income: NT$76.5m (down 24% from 3Q 2021). Profit margin: 5.1% (down from 5.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Sep 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be NT$37.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 54%.
Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: NT$1.28 (vs NT$1.16 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.28 (up from NT$1.16 in 2Q 2021). Revenue: NT$1.70b (up 7.8% from 2Q 2021). Net income: NT$98.5m (up 22% from 2Q 2021). Profit margin: 5.8% (up from 5.1% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$2.29 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.8%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$1.36 (up from NT$0.39 in 1Q 2021). Revenue: NT$1.65b (up 22% from 1Q 2021). Net income: NT$104.2m (up 282% from 1Q 2021). Profit margin: 6.3% (up from 2.0% in 1Q 2021). The increase in margin was driven by higher revenue. 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 17% 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.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$50.30, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 97% over the past three years.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$52.90, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.44 (vs NT$0.49 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.73b (up 29% from 3Q 2020). Net income: NT$100.0m (up 191% from 3Q 2020). Profit margin: 5.8% (up from 2.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$41.40, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 74% over the past three years.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$52.20, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$38.95, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.16 (vs NT$1.72 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.58b (up 7.9% from 2Q 2020). Net income: NT$80.9m (down 33% from 2Q 2020). Profit margin: 5.1% (down from 8.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$32.50, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 18% over the past three years.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 23 August 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.42 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$1.36b (up 46% from 1Q 2020). Net income: NT$27.3m (up NT$56.6m from 1Q 2020). Profit margin: 2.0% (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 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 28Is U.D.Electronic (GTSM:3689) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.37 (vs NT$0.77 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.98b (up 6.9% from FY 2019). Net income: NT$95.4m (up 79% from FY 2019). Profit margin: 1.9% (up from 1.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 23Is U.D.Electronic Corp. (GTSM:3689) An Attractive Dividend Stock?Is U.D.Electronic Corp. ( GTSM:3689 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Mar 04U.D.Electronic Corp. (GTSM:3689) Stock's On A Decline: Are Poor Fundamentals The Cause?It is hard to get excited after looking at U.D.Electronic's (GTSM:3689) recent performance, when its stock has declined...
分析記事 • Feb 15Are Investors Concerned With What's Going On At U.D.Electronic (GTSM:3689)?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
分析記事 • Jan 24These 4 Measures Indicate That U.D.Electronic (GTSM:3689) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Jan 03U.D.Electronic's(GTSM:3689) Share Price Is Down 36% Over The Past Three Years.In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Dec 13Here's What You Should Know About U.D.Electronic Corp.'s (GTSM:3689) 1.5% Dividend YieldCould U.D.Electronic Corp. ( GTSM:3689 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Dec 01New 90-day high: NT$34.60The company is up 2.0% from its price of NT$34.00 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period.
分析記事 • Nov 25Is U.D.Electronic Corp.'s (GTSM:3689) Recent Performancer Underpinned By Weak Financials?With its stock down 13% over the past three months, it is easy to disregard U.D.Electronic (GTSM:3689). To decide if...
Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.49The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.34b (up 7.2% from 3Q 2019). Net income: NT$34.4m (down 17% from 3Q 2019). Profit margin: 2.6% (down from 3.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.49The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.34b (up 7.2% from 3Q 2019). Net income: NT$34.4m (down 17% from 3Q 2019). Profit margin: 2.6% (down from 3.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 30New 90-day low: NT$28.30The company is down 15% from its price of NT$33.40 on 31 July 2020. The Taiwanese market is flat 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.