Sirtec InternationalLtd（5356）株式概要Sirtec International Co., Ltd.は、その子会社とともに、台湾および中国において、電子製品アセンブリおよびプラスチック射出成形品の設計、製造、販売を行っている。 詳細5356 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金2/6リスク分析8.55%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 意味のある時価総額がありません ( NT$3B )利益率(1.4%)は昨年より低い(5.7%) すべてのリスクチェックを見る5356 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$26.9044.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-61m10b2016201920222025202620282031Revenue NT$3.3bEarnings NT$45.1mAdvancedSet Fair ValueView all narrativesSirtec International Co.,Ltd. 競合他社CX TechnologySymbol: TWSE:2415Market cap: NT$2.5bBrave C&H SupplyLtdSymbol: TPEX:6538Market cap: NT$3.0bComplex Micro InterconnectionLtdSymbol: TWSE:6835Market cap: NT$2.5bKo Ja (Cayman)Symbol: TWSE:5215Market cap: NT$2.5b価格と性能株価の高値、安値、推移の概要Sirtec InternationalLtd過去の株価現在の株価NT$26.9052週高値NT$30.0052週安値NT$24.15ベータ0.381ヶ月の変化5.49%3ヶ月変化6.32%1年変化-6.43%3年間の変化-3.58%5年間の変化-1.65%IPOからの変化19.94%最新ニュースReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.44 (vs NT$2.16 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$2.16 in FY 2024). Revenue: NT$3.35b (down 14% from FY 2024). Net income: NT$45.8m (down 79% from FY 2024). Profit margin: 1.4% (down from 5.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.お知らせ • Mar 11Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city TaiwanValuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.65, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.91 (vs NT$0.10 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.91 (up from NT$0.10 in 3Q 2024). Revenue: NT$888.1m (down 19% from 3Q 2024). Net income: NT$93.8m (up NT$83.4m from 3Q 2024). Profit margin: 11% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.02 loss per share (vs NT$0.57 profit in 2Q 2024)Second quarter 2025 results: NT$1.02 loss per share (down from NT$0.57 profit in 2Q 2024). Revenue: NT$781.3m (down 11% from 2Q 2024). Net loss: NT$105.4m (down 281% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 27Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).最新情報をもっと見るRecent updatesReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.44 (vs NT$2.16 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$2.16 in FY 2024). Revenue: NT$3.35b (down 14% from FY 2024). Net income: NT$45.8m (down 79% from FY 2024). Profit margin: 1.4% (down from 5.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.お知らせ • Mar 11Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city TaiwanValuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.65, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.91 (vs NT$0.10 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.91 (up from NT$0.10 in 3Q 2024). Revenue: NT$888.1m (down 19% from 3Q 2024). Net income: NT$93.8m (up NT$83.4m from 3Q 2024). Profit margin: 11% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.02 loss per share (vs NT$0.57 profit in 2Q 2024)Second quarter 2025 results: NT$1.02 loss per share (down from NT$0.57 profit in 2Q 2024). Revenue: NT$781.3m (down 11% from 2Q 2024). Net loss: NT$105.4m (down 281% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 27Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).Declared Dividend • Jun 13Dividend of NT$2.30 announcedDividend of NT$2.30 is the same as last year. Ex-date: 2nd July 2025 Payment date: 24th July 2025 Dividend yield will be 7.9%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio). However, it is well covered by cash flows (41% 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 grow by 98% to bring the payout ratio under control. However, EPS has declined by 9.2% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$1.14 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27 (down from NT$1.14 in 1Q 2024). Revenue: NT$870.1m (flat on 1Q 2024). Net income: NT$27.7m (down 76% from 1Q 2024). Profit margin: 3.2% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • May 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (NT$2.98b market cap, or US$92.7m).お知らせ • Apr 30Sirtec International Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sirtec International Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025お知らせ • Apr 18Sirtec International Co.,Ltd. Announces Cash Dividend for the Year Ended December 31, 2024Sirtec International Co.,Ltd announced a cash dividend of TWD 2.3 per share for the period from January 1, 2024 to December 31, 2024. Total amount of cash dividends to shareholders: TWD 236,992,000 .Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$23.20, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.お知らせ • Mar 14Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2025Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city Taiwanお知らせ • Feb 28Sirtec International Co.,Ltd. to Report Q4, 2024 Results on Mar 10, 2025Sirtec International Co.,Ltd. announced that they will report Q4, 2024 results on Mar 10, 2025New Risk • Dec 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.22b market cap, or US$99.0m).Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.013 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.10 (up from NT$0.013 in 3Q 2023). Revenue: NT$1.10b (up 56% from 3Q 2023). Net income: NT$10.4m (up NT$9.11m from 3Q 2023). Profit margin: 0.9% (up from 0.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.41 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.57 (up from NT$0.41 loss in 2Q 2023). Revenue: NT$881.6m (up 30% from 2Q 2023). Net income: NT$58.3m (up NT$100.7m from 2Q 2023). Profit margin: 6.6% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02Sirtec International Co.,Ltd. to Report Q2, 2024 Results on Aug 09, 2024Sirtec International Co.,Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • Jul 03Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Buy Or Sell Opportunity • May 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$36.80. The fair value is estimated to be NT$30.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has grown by 58%.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.14 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$1.14 (up from NT$0.78 in 1Q 2023). Revenue: NT$866.0m (up 12% from 1Q 2023). Net income: NT$117.3m (up 47% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • May 03Sirtec International Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024Sirtec International Co.,Ltd. announced that they will report Q1, 2024 results on May 10, 2024Buy Or Sell Opportunity • Apr 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$35.50. The fair value is estimated to be NT$29.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years, while earnings per share has been flat.Buy Or Sell Opportunity • Apr 02Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to NT$36.30. The fair value is estimated to be NT$29.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years, while earnings per share has been flat.New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 527% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$5.48 (vs NT$0.60 loss in FY 2022)Full year 2023 results: EPS: NT$5.48 (up from NT$0.60 loss in FY 2022). Revenue: NT$3.32b (down 11% from FY 2022). Net income: NT$564.7m (up NT$626.1m from FY 2022). Profit margin: 17% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.お知らせ • Mar 15Sirtec International Co.,Ltd., Annual General Meeting, May 30, 2024Sirtec International Co.,Ltd., Annual General Meeting, May 30, 2024.New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 75% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 10x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 41% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.95b market cap, or US$93.2m).New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 453% Paying a dividend despite having no free cash flows. Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.76b market cap, or US$86.4m).Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.41 loss per share (vs NT$0.26 loss in 2Q 2022)Second quarter 2023 results: NT$0.41 loss per share (further deteriorated from NT$0.26 loss in 2Q 2022). Revenue: NT$679.7m (down 23% from 2Q 2022). Net loss: NT$42.4m (loss widened 62% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 06Upcoming dividend of NT$1.50 per share at 4.8% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.2%).Reported Earnings • May 12First quarter 2023 earnings released: EPS: NT$0.78 (vs NT$0.30 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.78 (up from NT$0.30 loss in 1Q 2022). Revenue: NT$775.5m (down 18% from 1Q 2022). Net income: NT$80.0m (up NT$111.5m from 1Q 2022). Profit margin: 10% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 30Full year 2022 earnings released: NT$0.60 loss per share (vs NT$0.28 loss in FY 2021)Full year 2022 results: NT$0.60 loss per share (further deteriorated from NT$0.28 loss in FY 2021). Revenue: NT$3.71b (down 3.5% from FY 2021). Net loss: NT$61.4m (loss widened 111% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.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 (7 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 • Aug 15Second quarter 2022 earnings released: NT$0.25 loss per share (vs NT$0.004 loss in 2Q 2021)Second quarter 2022 results: NT$0.25 loss per share (down from NT$0.004 loss in 2Q 2021). Revenue: NT$879.4m (flat on 2Q 2021). Net loss: NT$26.3m (loss widened NT$25.8m from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 07Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 04 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (5.1%).Reported Earnings • May 17First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$0.071 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$0.071 profit in 1Q 2021). Revenue: NT$940.5m (up 8.4% from 1Q 2021). Net loss: NT$31.4m (down NT$38.8m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% 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.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 (7 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.Buying Opportunity • Apr 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be NT$31.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 30Full year 2021 earnings released: NT$0.28 loss per share (vs NT$2.41 profit in FY 2020)Full year 2021 results: NT$0.28 loss per share (down from NT$2.41 profit in FY 2020). Revenue: NT$3.84b (up 6.9% from FY 2020). Net loss: NT$29.1m (down 112% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.10, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$30.85, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.12 loss per share (vs NT$0.87 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$1.07b (up 11% from 3Q 2020). Net loss: NT$12.3m (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.Upcoming Dividend • Jun 30Upcoming dividend of NT$2.20 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 28 July 2021. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.083 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$867.6m (down 3.2% from 1Q 2020). Net income: NT$7.33m (down 15% from 1Q 2020). Profit margin: 0.8% (down from 1.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.分析記事 • Apr 12Sirtec InternationalLtd (GTSM:5356) Has Some Difficulty Using Its Capital EffectivelyWhat underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$2.40 (vs NT$2.22 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.60b (down 30% from FY 2019). Net income: NT$247.8m (up 8.3% from FY 2019). Profit margin: 6.9% (up from 4.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.分析記事 • Mar 16Is Sirtec International Co.,Ltd. (GTSM:5356) At Risk Of Cutting Its Dividend?Is Sirtec International Co.,Ltd. ( GTSM:5356 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Feb 15Does Sirtec InternationalLtd's (GTSM:5356) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...分析記事 • Jan 19Reflecting on Sirtec InternationalLtd's (GTSM:5356) Share Price Returns Over The Last Three YearsMany investors define successful investing as beating the market average over the long term. But if you try your hand...Is New 90 Day High Low • Dec 30New 90-day high: NT$27.75The company is up 6.0% from its price of NT$26.25 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.分析記事 • Dec 28Are Investors Concerned With What's Going On At Sirtec InternationalLtd (GTSM:5356)?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...分析記事 • Dec 08Read This Before Buying Sirtec International Co.,Ltd. (GTSM:5356) For Its DividendIs Sirtec International Co.,Ltd. ( GTSM:5356 ) a good dividend stock? How can we tell? Dividend paying companies with...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.87The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$960.5m (down 28% from 3Q 2019). Net income: NT$89.9m (up 12% from 3Q 2019). Profit margin: 9.4% (up from 6.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 11New 90-day low: NT$25.90The company is down 2.0% from its price of NT$26.30 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.株主還元5356TW ElectronicTW 市場7D1.1%4.6%6.7%1Y-6.4%187.5%98.2%株主還元を見る業界別リターン: 5356過去 1 年間で187.5 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 5356は、過去 1 年間で98.2 % のリターンを上げたTW市場を下回りました。価格変動Is 5356's price volatile compared to industry and market?5356 volatility5356 Average Weekly Movement2.6%Electronic Industry Average Movement8.1%Market Average Movement6.0%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 5356 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 5356の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1968n/aHua-Li Wangwww.sirtec.com.twSirtec International Co., Ltd.は、その子会社とともに、台湾と中国で電子製品アセンブリ、プラスチック射出成形製品の設計、製造、販売を行っている。同社は、GPSレシーバー、ブロードバンドルーター、VO IPhonesなどの通信製品、レーザートナーカートリッジ、POSマシン、プラットフォームNASなどのコンピューター周辺製品、LED TV、HHD、Bluetoothなどのコンシューマー製品、TFT-LCDドライブカード、LEDライトバーや照明などのオプトエレクトロニクス製品、ヘッドアップディスプレイ、カービデオレコーダー、GPSモデル、タイヤ空気圧検出器などの車載用エレクトロニクス製品、FPC加工、ディスペンサー、血糖測定器、スマートメーターなどのOEM製品を提供している。また、カートリッジ、バーコードスキャナー、カーオーディオドライバーパネル、モデム、電子組立製品、ゲームコントローラー、ヘルスケア・医療機器、電子ピアノパネルなどのプラスチック製品も提供している。さらに、電子メッキ、スプレー塗装、印刷、超音速溶接、金型設計・製造サービス、PCB組立・専門製造サービスも提供している。さらに、一般投資活動、SMT加工、家電・モバイル電源用プラスチック部品の提供にも携わっている。サーテック・インターナショナルは1968年に設立され、本社は台湾の台北市にある。もっと見るSirtec International Co.,Ltd. 基礎のまとめSirtec InternationalLtd の収益と売上を時価総額と比較するとどうか。5356 基礎統計学時価総額NT$2.79b収益（TTM）NT$45.82m売上高(TTM)NT$3.35b60.5xPER（株価収益率0.8xP/Sレシオ5356 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計5356 損益計算書（TTM）収益NT$3.35b売上原価NT$2.87b売上総利益NT$487.11mその他の費用NT$441.29m収益NT$45.82m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.44グロス・マージン14.52%純利益率1.37%有利子負債／自己資本比率1.1%5356 の長期的なパフォーマンスは？過去の実績と比較を見る配当金8.6%現在の配当利回り449%配当性向View Valuation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2026/05/11 09:36終値2026/05/11 00:00収益2025/12/31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Sirtec International Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.44 (vs NT$2.16 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$2.16 in FY 2024). Revenue: NT$3.35b (down 14% from FY 2024). Net income: NT$45.8m (down 79% from FY 2024). Profit margin: 1.4% (down from 5.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Mar 11Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.65, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.91 (vs NT$0.10 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.91 (up from NT$0.10 in 3Q 2024). Revenue: NT$888.1m (down 19% from 3Q 2024). Net income: NT$93.8m (up NT$83.4m from 3Q 2024). Profit margin: 11% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.02 loss per share (vs NT$0.57 profit in 2Q 2024)Second quarter 2025 results: NT$1.02 loss per share (down from NT$0.57 profit in 2Q 2024). Revenue: NT$781.3m (down 11% from 2Q 2024). Net loss: NT$105.4m (down 281% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 27Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.44 (vs NT$2.16 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$2.16 in FY 2024). Revenue: NT$3.35b (down 14% from FY 2024). Net income: NT$45.8m (down 79% from FY 2024). Profit margin: 1.4% (down from 5.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Mar 11Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2026. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.65, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.91 (vs NT$0.10 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.91 (up from NT$0.10 in 3Q 2024). Revenue: NT$888.1m (down 19% from 3Q 2024). Net income: NT$93.8m (up NT$83.4m from 3Q 2024). Profit margin: 11% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.02 loss per share (vs NT$0.57 profit in 2Q 2024)Second quarter 2025 results: NT$1.02 loss per share (down from NT$0.57 profit in 2Q 2024). Revenue: NT$781.3m (down 11% from 2Q 2024). Net loss: NT$105.4m (down 281% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 27Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
Declared Dividend • Jun 13Dividend of NT$2.30 announcedDividend of NT$2.30 is the same as last year. Ex-date: 2nd July 2025 Payment date: 24th July 2025 Dividend yield will be 7.9%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (178% earnings payout ratio). However, it is well covered by cash flows (41% 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 grow by 98% to bring the payout ratio under control. However, EPS has declined by 9.2% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$1.14 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27 (down from NT$1.14 in 1Q 2024). Revenue: NT$870.1m (flat on 1Q 2024). Net income: NT$27.7m (down 76% from 1Q 2024). Profit margin: 3.2% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • May 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (NT$2.98b market cap, or US$92.7m).
お知らせ • Apr 30Sirtec International Co.,Ltd. to Report Q1, 2025 Results on May 07, 2025Sirtec International Co.,Ltd. announced that they will report Q1, 2025 results on May 07, 2025
お知らせ • Apr 18Sirtec International Co.,Ltd. Announces Cash Dividend for the Year Ended December 31, 2024Sirtec International Co.,Ltd announced a cash dividend of TWD 2.3 per share for the period from January 1, 2024 to December 31, 2024. Total amount of cash dividends to shareholders: TWD 236,992,000 .
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$23.20, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.
お知らせ • Mar 14Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2025Sirtec International Co.,Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 4 floor no,38, sec.1 chung hsiao w. rd., jhongjheng district, taipei city Taiwan
お知らせ • Feb 28Sirtec International Co.,Ltd. to Report Q4, 2024 Results on Mar 10, 2025Sirtec International Co.,Ltd. announced that they will report Q4, 2024 results on Mar 10, 2025
New Risk • Dec 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.22b market cap, or US$99.0m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.013 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.10 (up from NT$0.013 in 3Q 2023). Revenue: NT$1.10b (up 56% from 3Q 2023). Net income: NT$10.4m (up NT$9.11m from 3Q 2023). Profit margin: 0.9% (up from 0.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.41 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.57 (up from NT$0.41 loss in 2Q 2023). Revenue: NT$881.6m (up 30% from 2Q 2023). Net income: NT$58.3m (up NT$100.7m from 2Q 2023). Profit margin: 6.6% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02Sirtec International Co.,Ltd. to Report Q2, 2024 Results on Aug 09, 2024Sirtec International Co.,Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Buy Or Sell Opportunity • May 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$36.80. The fair value is estimated to be NT$30.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has grown by 58%.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.14 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$1.14 (up from NT$0.78 in 1Q 2023). Revenue: NT$866.0m (up 12% from 1Q 2023). Net income: NT$117.3m (up 47% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • May 03Sirtec International Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024Sirtec International Co.,Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Buy Or Sell Opportunity • Apr 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$35.50. The fair value is estimated to be NT$29.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years, while earnings per share has been flat.
Buy Or Sell Opportunity • Apr 02Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to NT$36.30. The fair value is estimated to be NT$29.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years, while earnings per share has been flat.
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 527% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$5.48 (vs NT$0.60 loss in FY 2022)Full year 2023 results: EPS: NT$5.48 (up from NT$0.60 loss in FY 2022). Revenue: NT$3.32b (down 11% from FY 2022). Net income: NT$564.7m (up NT$626.1m from FY 2022). Profit margin: 17% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
お知らせ • Mar 15Sirtec International Co.,Ltd., Annual General Meeting, May 30, 2024Sirtec International Co.,Ltd., Annual General Meeting, May 30, 2024.
New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 75% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 10x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 41% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.95b market cap, or US$93.2m).
New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 453% Paying a dividend despite having no free cash flows. Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.76b market cap, or US$86.4m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.41 loss per share (vs NT$0.26 loss in 2Q 2022)Second quarter 2023 results: NT$0.41 loss per share (further deteriorated from NT$0.26 loss in 2Q 2022). Revenue: NT$679.7m (down 23% from 2Q 2022). Net loss: NT$42.4m (loss widened 62% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 06Upcoming dividend of NT$1.50 per share at 4.8% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 04 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.2%).
Reported Earnings • May 12First quarter 2023 earnings released: EPS: NT$0.78 (vs NT$0.30 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.78 (up from NT$0.30 loss in 1Q 2022). Revenue: NT$775.5m (down 18% from 1Q 2022). Net income: NT$80.0m (up NT$111.5m from 1Q 2022). Profit margin: 10% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 30Full year 2022 earnings released: NT$0.60 loss per share (vs NT$0.28 loss in FY 2021)Full year 2022 results: NT$0.60 loss per share (further deteriorated from NT$0.28 loss in FY 2021). Revenue: NT$3.71b (down 3.5% from FY 2021). Net loss: NT$61.4m (loss widened 111% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
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 (7 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 • Aug 15Second quarter 2022 earnings released: NT$0.25 loss per share (vs NT$0.004 loss in 2Q 2021)Second quarter 2022 results: NT$0.25 loss per share (down from NT$0.004 loss in 2Q 2021). Revenue: NT$879.4m (flat on 2Q 2021). Net loss: NT$26.3m (loss widened NT$25.8m from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 07Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 04 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (5.1%).
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.30 loss per share (vs NT$0.071 profit in 1Q 2021)First quarter 2022 results: NT$0.30 loss per share (down from NT$0.071 profit in 1Q 2021). Revenue: NT$940.5m (up 8.4% from 1Q 2021). Net loss: NT$31.4m (down NT$38.8m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% 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.
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 (7 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.
Buying Opportunity • Apr 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be NT$31.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 30Full year 2021 earnings released: NT$0.28 loss per share (vs NT$2.41 profit in FY 2020)Full year 2021 results: NT$0.28 loss per share (down from NT$2.41 profit in FY 2020). Revenue: NT$3.84b (up 6.9% from FY 2020). Net loss: NT$29.1m (down 112% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.10, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Dec 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$30.85, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.12 loss per share (vs NT$0.87 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$1.07b (up 11% from 3Q 2020). Net loss: NT$12.3m (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Jun 30Upcoming dividend of NT$2.20 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 28 July 2021. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.083 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$867.6m (down 3.2% from 1Q 2020). Net income: NT$7.33m (down 15% from 1Q 2020). Profit margin: 0.8% (down from 1.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
分析記事 • Apr 12Sirtec InternationalLtd (GTSM:5356) Has Some Difficulty Using Its Capital EffectivelyWhat underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$2.40 (vs NT$2.22 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.60b (down 30% from FY 2019). Net income: NT$247.8m (up 8.3% from FY 2019). Profit margin: 6.9% (up from 4.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
分析記事 • Mar 16Is Sirtec International Co.,Ltd. (GTSM:5356) At Risk Of Cutting Its Dividend?Is Sirtec International Co.,Ltd. ( GTSM:5356 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Feb 15Does Sirtec InternationalLtd's (GTSM:5356) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
分析記事 • Jan 19Reflecting on Sirtec InternationalLtd's (GTSM:5356) Share Price Returns Over The Last Three YearsMany investors define successful investing as beating the market average over the long term. But if you try your hand...
Is New 90 Day High Low • Dec 30New 90-day high: NT$27.75The company is up 6.0% from its price of NT$26.25 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
分析記事 • Dec 28Are Investors Concerned With What's Going On At Sirtec InternationalLtd (GTSM:5356)?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
分析記事 • Dec 08Read This Before Buying Sirtec International Co.,Ltd. (GTSM:5356) For Its DividendIs Sirtec International Co.,Ltd. ( GTSM:5356 ) a good dividend stock? How can we tell? Dividend paying companies with...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.87The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$960.5m (down 28% from 3Q 2019). Net income: NT$89.9m (up 12% from 3Q 2019). Profit margin: 9.4% (up from 6.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 11New 90-day low: NT$25.90The company is down 2.0% from its price of NT$26.30 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.
