View Past PerformanceLedlink Optics バランスシートの健全性財務の健全性 基準チェック /56Ledlink Opticsの総株主資本はNT$1.3B 、総負債はNT$622.6Mで、負債比率は47.7%となります。総資産と総負債はそれぞれNT$2.3BとNT$1.0Bです。主要情報47.65%負債資本比率NT$622.56m負債インタレスト・カバレッジ・レシオn/a現金NT$403.86mエクイティNT$1.31b負債合計NT$1.04b総資産NT$2.34b財務の健全性に関する最新情報分析記事 • Feb 08Here's Why Ledlink Optics (GTSM:5230) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...すべての更新を表示Recent updatesReported Earnings • May 18First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.49 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.49 loss in 1Q 2025). Revenue: NT$305.1m (up 1.2% from 1Q 2025). Net loss: NT$15.3m (loss narrowed 45% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% 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.Reported Earnings • Mar 12Full year 2025 earnings released: NT$1.35 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.35 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$1.32b (down 15% from FY 2024). Net loss: NT$76.1m (down 333% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 10Ledlink Optics, Inc., Annual General Meeting, May 26, 2026Ledlink Optics, Inc., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,631, chung cheng rd., jhonghe district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.14 loss per share (vs NT$0.23 profit in 3Q 2024)Third quarter 2025 results: NT$0.14 loss per share (down from NT$0.23 profit in 3Q 2024). Revenue: NT$335.5m (down 20% from 3Q 2024). Net loss: NT$7.70m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.64 loss per share (vs NT$0.14 profit in 2Q 2024)Second quarter 2025 results: NT$0.64 loss per share (down from NT$0.14 profit in 2Q 2024). Revenue: NT$328.1m (down 15% from 2Q 2024). Net loss: NT$36.8m (down NT$43.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% 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.Board Change • Jul 24Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Xing Cai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Jun 05Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 1st July 2025 Payment date: 25th July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 34% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years.New Risk • May 29New 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 8.8% 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 10% per year over the past 5 years. 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 (8.8% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$1.48b market cap, or US$49.3m).Reported Earnings • May 14First quarter 2025 earnings released: NT$0.49 loss per share (vs NT$0.21 profit in 1Q 2024)First quarter 2025 results: NT$0.49 loss per share (down from NT$0.21 profit in 1Q 2024). Revenue: NT$301.5m (down 13% from 1Q 2024). Net loss: NT$28.0m (down 378% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$18.75, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 27% over the past three years.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% 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 10.0% per year over the past 5 years. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$1.19b market cap, or US$36.1m).Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.62 (vs NT$0.074 in FY 2023)Full year 2024 results: EPS: NT$0.62 (up from NT$0.074 in FY 2023). Revenue: NT$1.54b (up 22% from FY 2023). Net income: NT$32.7m (up NT$29.2m from FY 2023). Profit margin: 2.1% (up from 0.3% 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 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Mar 13Ledlink Optics, Inc., Annual General Meeting, Jun 03, 2025Ledlink Optics, Inc., Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,631, chung cheng rd., jhonghe district, new taipei city TaiwanBoard Change • Jan 15Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Xing Cai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.19 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.23 (up from NT$0.19 in 3Q 2023). Revenue: NT$417.1m (up 24% from 3Q 2023). Net income: NT$13.0m (up 47% from 3Q 2023). Profit margin: 3.1% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$35.95, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.New Risk • Aug 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$1.75b market cap, or US$54.6m).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.14 (up from NT$0.24 loss in 2Q 2023). Revenue: NT$385.1m (up 34% from 2Q 2023). Net income: NT$6.65m (up NT$18.1m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 25Upcoming dividend of NT$0.52 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.6%).Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$0.21 (vs NT$0.16 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.21 (up from NT$0.16 loss in 1Q 2023). Revenue: NT$344.4m (up 26% from 1Q 2023). Net income: NT$10.1m (up NT$17.8m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.New Risk • Apr 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.50b market cap, or US$45.9m).New Risk • Mar 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.19b market cap, or US$37.6m).Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.07 (vs NT$0.32 loss in FY 2022)Full year 2023 results: EPS: NT$0.07 (up from NT$0.32 loss in FY 2022). Revenue: NT$1.27b (up 5.5% from FY 2022). Net income: NT$3.49m (up NT$18.4m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 14Ledlink Optics, Inc., Annual General Meeting, May 27, 2024Ledlink Optics, Inc., Annual General Meeting, May 27, 2024.New Risk • Nov 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 45% per year over the past 5 years. Minor Risks High level of debt (42% net debt to equity). Market cap is less than US$100m (NT$1.12b market cap, or US$35.4m).Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.24 loss per share (vs NT$0.36 profit in 2Q 2022)Second quarter 2023 results: NT$0.24 loss per share (down from NT$0.36 profit in 2Q 2022). Revenue: NT$288.5m (down 4.7% from 2Q 2022). Net loss: NT$11.4m (down 168% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 06Upcoming dividend of NT$0.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.2%).Reported Earnings • Mar 26Full year 2022 earnings released: NT$0.32 loss per share (vs NT$1.28 profit in FY 2021)Full year 2022 results: NT$0.32 loss per share (down from NT$1.28 profit in FY 2021). Revenue: NT$1.20b (up 2.7% from FY 2021). Net loss: NT$14.9m (down 125% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% 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. 9 experienced directors. No highly experienced directors. 2 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.Upcoming Dividend • Jun 16Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (4.3%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.15 in 1Q 2021)First quarter 2022 results: EPS: NT$0.27 (up from NT$0.15 in 1Q 2021). Revenue: NT$272.6m (up 4.3% from 1Q 2021). Net income: NT$12.4m (up 81% from 1Q 2021). Profit margin: 4.6% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as 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. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.28 (up from NT$0.062 loss in FY 2020). Revenue: NT$1.17b (up 16% from FY 2020). Net income: NT$59.9m (up NT$62.8m from FY 2020). Profit margin: 5.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$35.90, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.045 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$305.2m (up 22% from 2Q 2020). Net income: NT$15.3m (up NT$13.1m from 2Q 2020). Profit margin: 5.0% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 03 September 2021. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (3.0%).Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.13 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$261.2m (up 16% from 1Q 2020). Net income: NT$6.86m (up NT$13.2m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.06 loss per share (vs NT$0.80 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$1.01b (down 4.5% from FY 2019). Net loss: NT$2.92m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 76% 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.分析記事 • Mar 16Is Ledlink Optics, Inc. (GTSM:5230) A Strong Dividend Stock?Dividend paying stocks like Ledlink Optics, Inc. ( GTSM:5230 ) tend to be popular with investors, and for good reason...分析記事 • Feb 08Here's Why Ledlink Optics (GTSM:5230) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 04Does Ledlink Optics' (GTSM:5230) Returns On Capital Reflect Well On The Business?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Is New 90 Day High Low • Dec 31New 90-day high: NT$27.75The company is up 16% from its price of NT$24.00 on 30 September 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 17% over the same period.Is New 90 Day High Low • Dec 09New 90-day high: NT$27.20The company is up 13% from its price of NT$24.15 on 11 September 2020. The Taiwanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 12% over the same period.分析記事 • Nov 29Something To Consider Before Buying Ledlink Optics, Inc. (GTSM:5230) For The 2.3% DividendCould Ledlink Optics, Inc. (GTSM:5230) be an attractive dividend share to own for the long haul? Investors are often...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.02The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$257.5m (flat on 3Q 2019). Net income: NT$921.0k (down 94% from 3Q 2019). Profit margin: 0.4% (down from 5.9% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 07New 90-day high: NT$24.25The company is up 1.0% from its price of NT$24.00 on 07 August 2020. The Taiwanese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is down 4.0% over the same period.財務状況分析短期負債: 5230の 短期資産 ( NT$1.2B ) が 短期負債 ( NT$647.7M ) を超えています。長期負債: 5230の短期資産 ( NT$1.2B ) が 長期負債 ( NT$387.6M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 5230の 純負債対資本比率 ( 16.7% ) は 満足できる 水準であると考えられます。負債の削減: 5230の負債対資本比率は、過去 5 年間で47.8%から47.7%に減少しました。債務返済能力: 5230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 ( 26.8% )。インタレストカバレッジ: 5230の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 09:21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Ledlink Optics, Inc. 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Xi Hao BauCapital Securities CorporationLiren LiangMasterlink Securities Investment AdvisoryJunlin LiuSinoPac Securities Investment Service
分析記事 • Feb 08Here's Why Ledlink Optics (GTSM:5230) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 18First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.49 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.49 loss in 1Q 2025). Revenue: NT$305.1m (up 1.2% from 1Q 2025). Net loss: NT$15.3m (loss narrowed 45% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% 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.
Reported Earnings • Mar 12Full year 2025 earnings released: NT$1.35 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.35 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$1.32b (down 15% from FY 2024). Net loss: NT$76.1m (down 333% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 10Ledlink Optics, Inc., Annual General Meeting, May 26, 2026Ledlink Optics, Inc., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,631, chung cheng rd., jhonghe district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.14 loss per share (vs NT$0.23 profit in 3Q 2024)Third quarter 2025 results: NT$0.14 loss per share (down from NT$0.23 profit in 3Q 2024). Revenue: NT$335.5m (down 20% from 3Q 2024). Net loss: NT$7.70m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.64 loss per share (vs NT$0.14 profit in 2Q 2024)Second quarter 2025 results: NT$0.64 loss per share (down from NT$0.14 profit in 2Q 2024). Revenue: NT$328.1m (down 15% from 2Q 2024). Net loss: NT$36.8m (down NT$43.4m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% 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.
Board Change • Jul 24Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Xing Cai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jun 05Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 1st July 2025 Payment date: 25th July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 34% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years.
New Risk • May 29New 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 8.8% 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 10% per year over the past 5 years. 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 (8.8% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$1.48b market cap, or US$49.3m).
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.49 loss per share (vs NT$0.21 profit in 1Q 2024)First quarter 2025 results: NT$0.49 loss per share (down from NT$0.21 profit in 1Q 2024). Revenue: NT$301.5m (down 13% from 1Q 2024). Net loss: NT$28.0m (down 378% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$18.75, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 27% over the past three years.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% 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 10.0% per year over the past 5 years. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$1.19b market cap, or US$36.1m).
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.62 (vs NT$0.074 in FY 2023)Full year 2024 results: EPS: NT$0.62 (up from NT$0.074 in FY 2023). Revenue: NT$1.54b (up 22% from FY 2023). Net income: NT$32.7m (up NT$29.2m from FY 2023). Profit margin: 2.1% (up from 0.3% 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 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 13Ledlink Optics, Inc., Annual General Meeting, Jun 03, 2025Ledlink Optics, Inc., Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,631, chung cheng rd., jhonghe district, new taipei city Taiwan
Board Change • Jan 15Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Xing Cai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.19 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.23 (up from NT$0.19 in 3Q 2023). Revenue: NT$417.1m (up 24% from 3Q 2023). Net income: NT$13.0m (up 47% from 3Q 2023). Profit margin: 3.1% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$35.95, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years.
New Risk • Aug 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$1.75b market cap, or US$54.6m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.24 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.14 (up from NT$0.24 loss in 2Q 2023). Revenue: NT$385.1m (up 34% from 2Q 2023). Net income: NT$6.65m (up NT$18.1m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 25Upcoming dividend of NT$0.52 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.6%).
Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$0.21 (vs NT$0.16 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.21 (up from NT$0.16 loss in 1Q 2023). Revenue: NT$344.4m (up 26% from 1Q 2023). Net income: NT$10.1m (up NT$17.8m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
New Risk • Apr 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.50b market cap, or US$45.9m).
New Risk • Mar 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.19b market cap, or US$37.6m).
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.07 (vs NT$0.32 loss in FY 2022)Full year 2023 results: EPS: NT$0.07 (up from NT$0.32 loss in FY 2022). Revenue: NT$1.27b (up 5.5% from FY 2022). Net income: NT$3.49m (up NT$18.4m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 14Ledlink Optics, Inc., Annual General Meeting, May 27, 2024Ledlink Optics, Inc., Annual General Meeting, May 27, 2024.
New Risk • Nov 18New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 45% per year over the past 5 years. Minor Risks High level of debt (42% net debt to equity). Market cap is less than US$100m (NT$1.12b market cap, or US$35.4m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.24 loss per share (vs NT$0.36 profit in 2Q 2022)Second quarter 2023 results: NT$0.24 loss per share (down from NT$0.36 profit in 2Q 2022). Revenue: NT$288.5m (down 4.7% from 2Q 2022). Net loss: NT$11.4m (down 168% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 06Upcoming dividend of NT$0.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.2%).
Reported Earnings • Mar 26Full year 2022 earnings released: NT$0.32 loss per share (vs NT$1.28 profit in FY 2021)Full year 2022 results: NT$0.32 loss per share (down from NT$1.28 profit in FY 2021). Revenue: NT$1.20b (up 2.7% from FY 2021). Net loss: NT$14.9m (down 125% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% 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. 9 experienced directors. No highly experienced directors. 2 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.
Upcoming Dividend • Jun 16Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 20 July 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (4.3%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.15 in 1Q 2021)First quarter 2022 results: EPS: NT$0.27 (up from NT$0.15 in 1Q 2021). Revenue: NT$272.6m (up 4.3% from 1Q 2021). Net income: NT$12.4m (up 81% from 1Q 2021). Profit margin: 4.6% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as 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. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.28 (up from NT$0.062 loss in FY 2020). Revenue: NT$1.17b (up 16% from FY 2020). Net income: NT$59.9m (up NT$62.8m from FY 2020). Profit margin: 5.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$35.90, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.045 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$305.2m (up 22% from 2Q 2020). Net income: NT$15.3m (up NT$13.1m from 2Q 2020). Profit margin: 5.0% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 03 September 2021. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (3.0%).
Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.13 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$261.2m (up 16% from 1Q 2020). Net income: NT$6.86m (up NT$13.2m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.06 loss per share (vs NT$0.80 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$1.01b (down 4.5% from FY 2019). Net loss: NT$2.92m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 76% 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.
分析記事 • Mar 16Is Ledlink Optics, Inc. (GTSM:5230) A Strong Dividend Stock?Dividend paying stocks like Ledlink Optics, Inc. ( GTSM:5230 ) tend to be popular with investors, and for good reason...
分析記事 • Feb 08Here's Why Ledlink Optics (GTSM:5230) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 04Does Ledlink Optics' (GTSM:5230) Returns On Capital Reflect Well On The Business?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Is New 90 Day High Low • Dec 31New 90-day high: NT$27.75The company is up 16% from its price of NT$24.00 on 30 September 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 17% over the same period.
Is New 90 Day High Low • Dec 09New 90-day high: NT$27.20The company is up 13% from its price of NT$24.15 on 11 September 2020. The Taiwanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 12% over the same period.
分析記事 • Nov 29Something To Consider Before Buying Ledlink Optics, Inc. (GTSM:5230) For The 2.3% DividendCould Ledlink Optics, Inc. (GTSM:5230) be an attractive dividend share to own for the long haul? Investors are often...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.02The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$257.5m (flat on 3Q 2019). Net income: NT$921.0k (down 94% from 3Q 2019). Profit margin: 0.4% (down from 5.9% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 07New 90-day high: NT$24.25The company is up 1.0% from its price of NT$24.00 on 07 August 2020. The Taiwanese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is down 4.0% over the same period.