View Past PerformanceSimplo Technology バランスシートの健全性財務の健全性 基準チェック /66Simplo Technologyの総株主資本はNT$46.0B 、総負債はNT$958.1Mで、負債比率は2.1%となります。総資産と総負債はそれぞれNT$82.8BとNT$36.8Bです。 Simplo Technologyの EBIT はNT$8.0Bで、利息カバレッジ比率-7.1です。現金および短期投資はNT$36.7Bです。主要情報2.08%負債資本比率NT$958.13m負債インタレスト・カバレッジ・レシオ-7.1x現金NT$36.69bエクイティNT$46.02b負債合計NT$36.77b総資産NT$82.79b財務の健全性に関する最新情報分析記事 • Feb 23Does Simplo Technology (GTSM:6121) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$6.00 (down from NT$7.74 in 1Q 2025). Revenue: NT$18.5b (flat on 1Q 2025). Net income: NT$1.26b (down 12% from 1Q 2025). Profit margin: 6.8% (down from 7.8% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$30.60 (up from NT$28.88 in FY 2024). Revenue: NT$82.1b (up 2.6% from FY 2024). Net income: NT$5.66b (up 6.0% from FY 2024). Profit margin: 6.9% (up from 6.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 10Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2026Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,471, sec.2 pa to rd., hukou township, hsinchu county TaiwanDeclared Dividend • Dec 04Dividend of NT$9.50 announcedShareholders will receive a dividend of NT$9.50. Ex-date: 17th December 2025 Payment date: 21st January 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$7.87 (vs NT$7.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$7.87 (up from NT$7.73 in 3Q 2024). Revenue: NT$20.4b (down 7.4% from 3Q 2024). Net income: NT$1.46b (up 1.9% from 3Q 2024). Profit margin: 7.1% (up from 6.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Major Estimate Revision • Aug 28Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$84.6b to NT$81.0b. EPS estimate also fell from NT$31.95 per share to NT$28.20 per share. Net income forecast to grow 12% next year vs 22% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$447. Share price was steady at NT$393 over the past week.Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$5.65 (down from NT$7.12 in 2Q 2024). Revenue: NT$19.6b (up 3.3% from 2Q 2024). Net income: NT$1.04b (down 21% from 2Q 2024). Profit margin: 5.3% (down from 6.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Jun 20Simplo Technology Co., Ltd. Announces Cash Dividend for the Second Half of 2024, Payable on July 29, 2025Simplo Technology Co., Ltd. announced cash dividend of TWD 2,108,663,917 (TWD 11.4 per share) for the second half of 2024. Ex-rights (Ex-dividend) date: July 02, 2025; Ex-rights (Ex-dividend) record date: July 08, 2025; Payment date of cash dividend distribution: July 29, 2025.Declared Dividend • Jun 19Dividend reduced to NT$11.40Dividend of NT$11.40 is 2.6% lower than last year. Ex-date: 2nd July 2025 Payment date: 29th July 2025 Dividend yield will be 5.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2025 results: EPS: NT$7.74 (up from NT$5.72 in 1Q 2024). Revenue: NT$18.4b (up 4.5% from 1Q 2024). Net income: NT$1.43b (up 35% from 1Q 2024). Profit margin: 7.8% (up from 6.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • May 01Simplo Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Simplo Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$320, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.お知らせ • Mar 07Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2025Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,471, sec.2 pa to rd., hukou township, hsinchu county TaiwanNew Risk • Feb 03New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change).Declared Dividend • Dec 13Dividend reduced to NT$9.10Dividend of NT$9.10 is 9.0% lower than last year. Ex-date: 25th December 2024 Payment date: 22nd January 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 17Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$7.73 (down from NT$8.58 in 3Q 2023). Revenue: NT$22.0b (flat on 3Q 2023). Net income: NT$1.43b (down 9.9% from 3Q 2023). Profit margin: 6.5% (down from 7.2% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Oct 30Simplo Technology Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Simplo Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024Price Target Changed • Oct 01Price target decreased by 7.1% to NT$451Down from NT$485, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$354. Stock is up 5.8% over the past year. The company is forecast to post earnings per share of NT$30.94 for next year compared to NT$30.67 last year.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$7.11 (down from NT$7.36 in 2Q 2023). Revenue: NT$19.0b (down 4.0% from 2Q 2023). Net income: NT$1.32b (down 3.4% from 2Q 2023). Profit margin: 6.9% (in line with 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Aug 06Simplo Technology Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Simplo Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Buy Or Sell Opportunity • Jul 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.9% to NT$417. The fair value is estimated to be NT$522, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Declared Dividend • Jun 21Dividend of NT$11.70 announcedShareholders will receive a dividend of NT$11.70. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (120% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 20Simplo Technology Co., Ltd. Approves Cash Dividend for the Second Half of 2023, Payable on July 31, 2024Simplo Technology Co., Ltd. sets the ex-dividend date for the second half of 2023 cash dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 2,164,155,072 (TWD 11.7 per share). Ex-rights (Ex-dividend) is July 07, 2024. Ex-rights (Ex-dividend) record date is July 10, 2024. Payment date of cash dividend distribution is July 31, 2024.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$5.72 (vs NT$6.72 in 1Q 2023)First quarter 2024 results: EPS: NT$5.72 (down from NT$6.72 in 1Q 2023). Revenue: NT$17.6b (down 8.9% from 1Q 2023). Net income: NT$1.06b (down 15% from 1Q 2023). Profit margin: 6.0% (down from 6.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • May 03Simplo Technology Co., Ltd. to Report Q1, 2024 Results on May 08, 2024Simplo Technology Co., Ltd. announced that they will report Q1, 2024 results on May 08, 2024New Risk • Apr 08New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).Reported Earnings • Apr 01Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$30.67 (down from NT$39.13 in FY 2022). Revenue: NT$84.8b (down 11% from FY 2022). Net income: NT$5.67b (down 22% from FY 2022). Profit margin: 6.7% (down from 7.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. 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 6% per year.お知らせ • Mar 16Simplo Technology Co., Ltd., Annual General Meeting, May 30, 2024Simplo Technology Co., Ltd., Annual General Meeting, May 30, 2024.Price Target Changed • Mar 14Price target increased by 13% to NT$511Up from NT$451, the current price target is an average from 3 analysts. New target price is 8.2% below last closing price of NT$556. Stock is up 90% over the past year. The company is forecast to post earnings per share of NT$30.50 for next year compared to NT$39.13 last year.New Risk • Mar 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$487, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$584 per share.Upcoming Dividend • Dec 14Upcoming dividend of NT$10.00 per share at 6.8% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 18 January 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.1%).お知らせ • Dec 07Simplo Technology Co., Ltd. Declares Cash Dividend Distribution for the First Half of 2023, Payable on January 18, 2024Simplo Technology Co., Ltd. declared cash dividend distribution of TWD 10.0 per share for the first half ending June 30, 2023. Total amount of cash dividends to shareholders: TWD 1,849,705,190 (TWD 10.0 per share). Ex-rights (Ex-dividend) date: December 21, 2023. Ex-rights (Ex-dividend) record date: December 28, 2023. Payment date of cash dividend distribution: January 18, 2024.Price Target Changed • Dec 02Price target increased by 22% to NT$422Up from NT$347, the current price target is an average from 3 analysts. New target price is 8.3% above last closing price of NT$390. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$29.50 for next year compared to NT$39.13 last year.お知らせ • Nov 15Simplo Technology Co., Ltd. Approves Cash Dividend Distribution for the First Half Ending June 30, 2023Simplo Technology Co., Ltd. approved cash dividend distribution of TWD 10.0 per share for the first half ending June 30, 2023. Total amount of cash dividends to shareholders: TWD 1,849,705,190. Per value of common stock: TWD 10.Buying Opportunity • Nov 03Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 6.3% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.Major Estimate Revision • Aug 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$87.9b to NT$82.2b. EPS estimate also fell from NT$31.50 per share to NT$27.85 per share. Net income forecast to shrink 14% next year vs 4.5% growth forecast for Electronic industry in Taiwan . Consensus price target broadly unchanged at NT$327. Share price was steady at NT$303 over the past week.Reported Earnings • Aug 13Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: NT$7.36 (down from NT$10.50 in 2Q 2022). Revenue: NT$19.8b (down 17% from 2Q 2022). Net income: NT$1.36b (down 30% from 2Q 2022). Profit margin: 6.9% (down from 8.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 29Upcoming dividend of NT$14.50 per share at 8.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 73% and the cash payout ratio is 78%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).お知らせ • Jun 21Simplo Technology Co., Ltd. Announces Cash Dividend for the Second Half of 2022, Payable on July 31, 2023Simplo Technology Co., Ltd. sets the ex-dividend date for the second half of 2022 cash dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 2,682,072,526 (TWD 14.5 per share). Ex-rights (Ex-dividend) is July 06, 2023. Ex-rights (Ex-dividend) record date is July 12, 2023. Payment date of cash dividend distribution is July 31, 2023.お知らせ • Jun 01+ 1 more updateSimplo Technology Co., Ltd. Engages Fifth Remuneration CommitteeSimplo Technology Co., Ltd. announced that the Company's Board of Director engaged the Fifth Remuneration Committee: Name of the previous position holder: Hsueh Pin-Pin, Chen Tai-Ming Wang Chen-Wei; Resume of the previous position holder: Hsueh Pin-Pin:Independent Director, Advanced Energy Solution Holding Co., Ltd.; Chen Tai-Ming:Senior consultant, Jones Day law firm; Wang Chen-Wei:Independent Director, Phison Electronics Corp. Name of the new position holder: Lin Pi-Jung Chiu Kuan-Hsun; Resume of the new position holder: Lin Pi-Jung:CEO and Director, Universal Vision Biotechnology; Chiu Kuan-Hsun:Executive Partner, Harvest View Capital. Effective date of the new member is on May 31, 2023.Upcoming Dividend • Dec 14Upcoming dividend of NT$13.10 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 18 January 2023. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.6%).お知らせ • Dec 02Simplo Technology Co., Ltd. Announces the Cash Dividend for the First Half of 2022, Payable on January 18, 2023Simplo Technology Co., Ltd. announced the Cash dividends TWD 2,423,113,799 (TWD 13.1 per share) for the first half of 2022. Ex-rights (Ex-dividend) date is December 21, 2022. Ex-rights (Ex-dividend) record date December 27, 2022. Payment date of cash dividend distribution is January 18, 2023.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.97 (up from NT$9.82 in 3Q 2021). Revenue: NT$24.6b (flat on 3Q 2021). Net income: NT$2.03b (up 12% from 3Q 2021). Profit margin: 8.3% (up from 7.3% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Pi-Jung Lin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.97 (up from NT$9.82 in 3Q 2021). Revenue: NT$24.6b (flat on 3Q 2021). Net income: NT$2.03b (up 12% from 3Q 2021). Profit margin: 8.3% (up from 7.3% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Nov 11Simplo Technology Co., Ltd. Approves Dividend Distribution for the First Half of 2022Simplo Technology Co., Ltd.'s Board of Directors approved dividend distribution. Appropriations of earnings in cash dividends to shareholders TWD 13.1. Total amount of cash dividends to shareholders TWD 2,423,113,799. Date of the board of directors resolution: November 9, 2022. Year or quarter which dividends belong to: First half of 2022. Period which dividends belong to: January 1, 2022 - June 30, 2022.Price Target Changed • Oct 08Price target decreased to NT$340Down from NT$366, the current price target is an average from 4 analysts. New target price is 24% above last closing price of NT$275. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of NT$37.58 for next year compared to NT$34.50 last year.Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$10.50 (up from NT$8.57 in 2Q 2021). Revenue: NT$23.8b (down 1.3% from 2Q 2021). Net income: NT$1.94b (up 22% from 2Q 2021). Profit margin: 8.2% (up from 6.6% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 2.9%, compared to a 8.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$279, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past three years.Upcoming Dividend • Jul 06Upcoming dividend of NT$26.00 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.9%).お知らせ • Jun 23Simplo Technology Co., Ltd. Announces Cash Dividend, Payable on August 18, 2022Simplo Technology Co., Ltd. announced Cash dividend TWD 4,809,233,494 and Per share for shareholders at TWD 26. Ex-rights (Ex-dividend) date is July 13, 2022. Ex-rights (Ex-dividend) record date is July 19, 2022. Payment date of cash dividend distribution is August 18, 2022.Price Target Changed • May 21Price target decreased to NT$366Down from NT$399, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$286. Stock is down 19% over the past year. The company is forecast to post earnings per share of NT$34.56 for next year compared to NT$34.50 last year.Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$8.10 (up from NT$7.28 in 1Q 2021). Revenue: NT$22.4b (flat on 1Q 2021). Net income: NT$1.50b (up 11% from 1Q 2021). Profit margin: 6.7% (up from 6.0% in 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 2.6%, compared to a 9.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Pi-Jung Lin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Mar 04Price target decreased to NT$402Down from NT$444, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$316. Stock is down 11% over the past year. The company is forecast to post earnings per share of NT$35.25 for next year compared to NT$27.30 last year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$9.82 (vs NT$7.80 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$24.8b (up 8.7% from 3Q 2020). Net income: NT$1.82b (up 26% from 3Q 2020). Profit margin: 7.3% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$8.57 (vs NT$6.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$24.1b (up 23% from 2Q 2020). Net income: NT$1.59b (up 34% from 2Q 2020). Profit margin: 6.6% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 06Upcoming dividend of NT$19.10 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 03 September 2021. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$7.28 (vs NT$3.60 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$22.4b (up 55% from 1Q 2020). Net income: NT$1.35b (up 102% from 1Q 2020). Profit margin: 6.0% (up from 4.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year.分析記事 • Apr 18Estimating The Intrinsic Value Of Simplo Technology Co., Ltd. (GTSM:6121)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Simplo Technology Co...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$27.30 (vs NT$20.68 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$85.5b (up 16% from FY 2019). Net income: NT$5.05b (up 32% from FY 2019). Profit margin: 5.9% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.分析記事 • Mar 22Capital Investments At Simplo Technology (GTSM:6121) Point To A Promising FutureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...分析記事 • Mar 09Simplo Technology Co., Ltd. (GTSM:6121) Is Yielding 4.1% - But Is It A Buy?Is Simplo Technology Co., Ltd. ( GTSM:6121 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Feb 26New 90-day high: NT$390The company is up 18% from its price of NT$331 on 27 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$528 per share.分析記事 • Feb 23Does Simplo Technology (GTSM:6121) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 08Are Strong Financial Prospects The Force That Is Driving The Momentum In Simplo Technology Co., Ltd.'s GTSM:6121) Stock?Simplo Technology (GTSM:6121) has had a great run on the share market with its stock up by a significant 14% over the...分析記事 • Jan 26What Kind Of Investors Own Most Of Simplo Technology Co., Ltd. (GTSM:6121)?Every investor in Simplo Technology Co., Ltd. ( GTSM:6121 ) should be aware of the most powerful shareholder groups...分析記事 • Jan 13Simplo Technology Co., Ltd. (GTSM:6121) Shares Could Be 29% Below Their Intrinsic Value EstimateDoes the January share price for Simplo Technology Co., Ltd. ( GTSM:6121 ) reflect what it's really worth? Today, we...Is New 90 Day High Low • Jan 04New 90-day high: NT$363The company is up 17% from its price of NT$311 on 07 October 2020. The Taiwanese market is also up 17% 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 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$224 per share.分析記事 • Dec 29Simplo Technology (GTSM:6121) Has Gifted Shareholders With A Fantastic 193% Total Return On Their InvestmentThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...分析記事 • Dec 14Are Investors Overlooking Returns On Capital At Simplo Technology (GTSM:6121)?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Is New 90 Day High Low • Dec 03New 90-day high: NT$337The company is up 3.0% from its price of NT$328 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$198 per share.Major Estimate Revision • Nov 19Analysts increase EPS estimates to NT$26.80The 2020 consensus revenue estimate increased from NT$79.7b to NT$82.7b. The earnings per share estimate also received an upgrade from NT$23.68 to NT$26.80 for the same period. Net income is expected to grow by 23% next year compared to 30% growth forecast for the Electronic industry in Taiwan. The consensus price target increased from NT$370 to NT$395. Share price is up 6.0% to NT$334 over the past week.Analyst Estimate Surprise Post Earnings • Nov 16Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 8.8%, compared to a 11% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$7.80The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$22.8b (up 12% from 3Q 2019). Net income: NT$1.44b (up 18% from 3Q 2019). Profit margin: 6.3% (up from 6.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.財務状況分析短期負債: 6121の 短期資産 ( NT$68.8B ) が 短期負債 ( NT$31.9B ) を超えています。長期負債: 6121の短期資産 ( NT$68.8B ) が 長期負債 ( NT$4.9B ) 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: 6121総負債よりも多くの現金を保有しています。負債の削減: 6121の負債対資本比率は、過去 5 年間で3.3%から2.1%に減少しました。債務返済能力: 6121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 ( 793.1% )。インタレストカバレッジ: 6121支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 18:03終値2026/05/21 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Simplo Technology Co., Ltd. 3 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。17 アナリスト機関Yingchao YangBarclaysAllen ChangBofA Global ResearchBertram LaiCGS International14 その他のアナリストを表示
分析記事 • Feb 23Does Simplo Technology (GTSM:6121) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • May 16First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$6.00 (down from NT$7.74 in 1Q 2025). Revenue: NT$18.5b (flat on 1Q 2025). Net income: NT$1.26b (down 12% from 1Q 2025). Profit margin: 6.8% (down from 7.8% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$30.60 (up from NT$28.88 in FY 2024). Revenue: NT$82.1b (up 2.6% from FY 2024). Net income: NT$5.66b (up 6.0% from FY 2024). Profit margin: 6.9% (up from 6.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 10Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2026Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,471, sec.2 pa to rd., hukou township, hsinchu county Taiwan
Declared Dividend • Dec 04Dividend of NT$9.50 announcedShareholders will receive a dividend of NT$9.50. Ex-date: 17th December 2025 Payment date: 21st January 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$7.87 (vs NT$7.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$7.87 (up from NT$7.73 in 3Q 2024). Revenue: NT$20.4b (down 7.4% from 3Q 2024). Net income: NT$1.46b (up 1.9% from 3Q 2024). Profit margin: 7.1% (up from 6.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Major Estimate Revision • Aug 28Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$84.6b to NT$81.0b. EPS estimate also fell from NT$31.95 per share to NT$28.20 per share. Net income forecast to grow 12% next year vs 22% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$447. Share price was steady at NT$393 over the past week.
Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$5.65 (down from NT$7.12 in 2Q 2024). Revenue: NT$19.6b (up 3.3% from 2Q 2024). Net income: NT$1.04b (down 21% from 2Q 2024). Profit margin: 5.3% (down from 6.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Jun 20Simplo Technology Co., Ltd. Announces Cash Dividend for the Second Half of 2024, Payable on July 29, 2025Simplo Technology Co., Ltd. announced cash dividend of TWD 2,108,663,917 (TWD 11.4 per share) for the second half of 2024. Ex-rights (Ex-dividend) date: July 02, 2025; Ex-rights (Ex-dividend) record date: July 08, 2025; Payment date of cash dividend distribution: July 29, 2025.
Declared Dividend • Jun 19Dividend reduced to NT$11.40Dividend of NT$11.40 is 2.6% lower than last year. Ex-date: 2nd July 2025 Payment date: 29th July 2025 Dividend yield will be 5.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2025 results: EPS: NT$7.74 (up from NT$5.72 in 1Q 2024). Revenue: NT$18.4b (up 4.5% from 1Q 2024). Net income: NT$1.43b (up 35% from 1Q 2024). Profit margin: 7.8% (up from 6.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • May 01Simplo Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Simplo Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$320, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.
お知らせ • Mar 07Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2025Simplo Technology Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,471, sec.2 pa to rd., hukou township, hsinchu county Taiwan
New Risk • Feb 03New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (119% cash payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change).
Declared Dividend • Dec 13Dividend reduced to NT$9.10Dividend of NT$9.10 is 9.0% lower than last year. Ex-date: 25th December 2024 Payment date: 22nd January 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 17Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$7.73 (down from NT$8.58 in 3Q 2023). Revenue: NT$22.0b (flat on 3Q 2023). Net income: NT$1.43b (down 9.9% from 3Q 2023). Profit margin: 6.5% (down from 7.2% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Oct 30Simplo Technology Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Simplo Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
Price Target Changed • Oct 01Price target decreased by 7.1% to NT$451Down from NT$485, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$354. Stock is up 5.8% over the past year. The company is forecast to post earnings per share of NT$30.94 for next year compared to NT$30.67 last year.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$7.11 (down from NT$7.36 in 2Q 2023). Revenue: NT$19.0b (down 4.0% from 2Q 2023). Net income: NT$1.32b (down 3.4% from 2Q 2023). Profit margin: 6.9% (in line with 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Aug 06Simplo Technology Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Simplo Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Buy Or Sell Opportunity • Jul 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.9% to NT$417. The fair value is estimated to be NT$522, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Declared Dividend • Jun 21Dividend of NT$11.70 announcedShareholders will receive a dividend of NT$11.70. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (120% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 20Simplo Technology Co., Ltd. Approves Cash Dividend for the Second Half of 2023, Payable on July 31, 2024Simplo Technology Co., Ltd. sets the ex-dividend date for the second half of 2023 cash dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 2,164,155,072 (TWD 11.7 per share). Ex-rights (Ex-dividend) is July 07, 2024. Ex-rights (Ex-dividend) record date is July 10, 2024. Payment date of cash dividend distribution is July 31, 2024.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$5.72 (vs NT$6.72 in 1Q 2023)First quarter 2024 results: EPS: NT$5.72 (down from NT$6.72 in 1Q 2023). Revenue: NT$17.6b (down 8.9% from 1Q 2023). Net income: NT$1.06b (down 15% from 1Q 2023). Profit margin: 6.0% (down from 6.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • May 03Simplo Technology Co., Ltd. to Report Q1, 2024 Results on May 08, 2024Simplo Technology Co., Ltd. announced that they will report Q1, 2024 results on May 08, 2024
New Risk • Apr 08New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
Reported Earnings • Apr 01Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$30.67 (down from NT$39.13 in FY 2022). Revenue: NT$84.8b (down 11% from FY 2022). Net income: NT$5.67b (down 22% from FY 2022). Profit margin: 6.7% (down from 7.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. 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 6% per year.
お知らせ • Mar 16Simplo Technology Co., Ltd., Annual General Meeting, May 30, 2024Simplo Technology Co., Ltd., Annual General Meeting, May 30, 2024.
Price Target Changed • Mar 14Price target increased by 13% to NT$511Up from NT$451, the current price target is an average from 3 analysts. New target price is 8.2% below last closing price of NT$556. Stock is up 90% over the past year. The company is forecast to post earnings per share of NT$30.50 for next year compared to NT$39.13 last year.
New Risk • Mar 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$487, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$584 per share.
Upcoming Dividend • Dec 14Upcoming dividend of NT$10.00 per share at 6.8% yieldEligible shareholders must have bought the stock before 21 December 2023. Payment date: 18 January 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.1%).
お知らせ • Dec 07Simplo Technology Co., Ltd. Declares Cash Dividend Distribution for the First Half of 2023, Payable on January 18, 2024Simplo Technology Co., Ltd. declared cash dividend distribution of TWD 10.0 per share for the first half ending June 30, 2023. Total amount of cash dividends to shareholders: TWD 1,849,705,190 (TWD 10.0 per share). Ex-rights (Ex-dividend) date: December 21, 2023. Ex-rights (Ex-dividend) record date: December 28, 2023. Payment date of cash dividend distribution: January 18, 2024.
Price Target Changed • Dec 02Price target increased by 22% to NT$422Up from NT$347, the current price target is an average from 3 analysts. New target price is 8.3% above last closing price of NT$390. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$29.50 for next year compared to NT$39.13 last year.
お知らせ • Nov 15Simplo Technology Co., Ltd. Approves Cash Dividend Distribution for the First Half Ending June 30, 2023Simplo Technology Co., Ltd. approved cash dividend distribution of TWD 10.0 per share for the first half ending June 30, 2023. Total amount of cash dividends to shareholders: TWD 1,849,705,190. Per value of common stock: TWD 10.
Buying Opportunity • Nov 03Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 6.3% in 2 years. Earnings is forecast to grow by 12% in the next 2 years.
Major Estimate Revision • Aug 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$87.9b to NT$82.2b. EPS estimate also fell from NT$31.50 per share to NT$27.85 per share. Net income forecast to shrink 14% next year vs 4.5% growth forecast for Electronic industry in Taiwan . Consensus price target broadly unchanged at NT$327. Share price was steady at NT$303 over the past week.
Reported Earnings • Aug 13Second quarter 2023 earnings: EPS in line with expectations, revenues disappointSecond quarter 2023 results: EPS: NT$7.36 (down from NT$10.50 in 2Q 2022). Revenue: NT$19.8b (down 17% from 2Q 2022). Net income: NT$1.36b (down 30% from 2Q 2022). Profit margin: 6.9% (down from 8.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 29Upcoming dividend of NT$14.50 per share at 8.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 73% and the cash payout ratio is 78%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).
お知らせ • Jun 21Simplo Technology Co., Ltd. Announces Cash Dividend for the Second Half of 2022, Payable on July 31, 2023Simplo Technology Co., Ltd. sets the ex-dividend date for the second half of 2022 cash dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 2,682,072,526 (TWD 14.5 per share). Ex-rights (Ex-dividend) is July 06, 2023. Ex-rights (Ex-dividend) record date is July 12, 2023. Payment date of cash dividend distribution is July 31, 2023.
お知らせ • Jun 01+ 1 more updateSimplo Technology Co., Ltd. Engages Fifth Remuneration CommitteeSimplo Technology Co., Ltd. announced that the Company's Board of Director engaged the Fifth Remuneration Committee: Name of the previous position holder: Hsueh Pin-Pin, Chen Tai-Ming Wang Chen-Wei; Resume of the previous position holder: Hsueh Pin-Pin:Independent Director, Advanced Energy Solution Holding Co., Ltd.; Chen Tai-Ming:Senior consultant, Jones Day law firm; Wang Chen-Wei:Independent Director, Phison Electronics Corp. Name of the new position holder: Lin Pi-Jung Chiu Kuan-Hsun; Resume of the new position holder: Lin Pi-Jung:CEO and Director, Universal Vision Biotechnology; Chiu Kuan-Hsun:Executive Partner, Harvest View Capital. Effective date of the new member is on May 31, 2023.
Upcoming Dividend • Dec 14Upcoming dividend of NT$13.10 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 18 January 2023. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.6%).
お知らせ • Dec 02Simplo Technology Co., Ltd. Announces the Cash Dividend for the First Half of 2022, Payable on January 18, 2023Simplo Technology Co., Ltd. announced the Cash dividends TWD 2,423,113,799 (TWD 13.1 per share) for the first half of 2022. Ex-rights (Ex-dividend) date is December 21, 2022. Ex-rights (Ex-dividend) record date December 27, 2022. Payment date of cash dividend distribution is January 18, 2023.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.97 (up from NT$9.82 in 3Q 2021). Revenue: NT$24.6b (flat on 3Q 2021). Net income: NT$2.03b (up 12% from 3Q 2021). Profit margin: 8.3% (up from 7.3% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. Independent Director Pi-Jung Lin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$10.97 (up from NT$9.82 in 3Q 2021). Revenue: NT$24.6b (flat on 3Q 2021). Net income: NT$2.03b (up 12% from 3Q 2021). Profit margin: 8.3% (up from 7.3% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Nov 11Simplo Technology Co., Ltd. Approves Dividend Distribution for the First Half of 2022Simplo Technology Co., Ltd.'s Board of Directors approved dividend distribution. Appropriations of earnings in cash dividends to shareholders TWD 13.1. Total amount of cash dividends to shareholders TWD 2,423,113,799. Date of the board of directors resolution: November 9, 2022. Year or quarter which dividends belong to: First half of 2022. Period which dividends belong to: January 1, 2022 - June 30, 2022.
Price Target Changed • Oct 08Price target decreased to NT$340Down from NT$366, the current price target is an average from 4 analysts. New target price is 24% above last closing price of NT$275. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of NT$37.58 for next year compared to NT$34.50 last year.
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$10.50 (up from NT$8.57 in 2Q 2021). Revenue: NT$23.8b (down 1.3% from 2Q 2021). Net income: NT$1.94b (up 22% from 2Q 2021). Profit margin: 8.2% (up from 6.6% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 2.9%, compared to a 8.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$279, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past three years.
Upcoming Dividend • Jul 06Upcoming dividend of NT$26.00 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.9%).
お知らせ • Jun 23Simplo Technology Co., Ltd. Announces Cash Dividend, Payable on August 18, 2022Simplo Technology Co., Ltd. announced Cash dividend TWD 4,809,233,494 and Per share for shareholders at TWD 26. Ex-rights (Ex-dividend) date is July 13, 2022. Ex-rights (Ex-dividend) record date is July 19, 2022. Payment date of cash dividend distribution is August 18, 2022.
Price Target Changed • May 21Price target decreased to NT$366Down from NT$399, the current price target is an average from 4 analysts. New target price is 28% above last closing price of NT$286. Stock is down 19% over the past year. The company is forecast to post earnings per share of NT$34.56 for next year compared to NT$34.50 last year.
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$8.10 (up from NT$7.28 in 1Q 2021). Revenue: NT$22.4b (flat on 1Q 2021). Net income: NT$1.50b (up 11% from 1Q 2021). Profit margin: 6.7% (up from 6.0% in 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 2.6%, compared to a 9.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Pi-Jung Lin was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Mar 04Price target decreased to NT$402Down from NT$444, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$316. Stock is down 11% over the past year. The company is forecast to post earnings per share of NT$35.25 for next year compared to NT$27.30 last year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$9.82 (vs NT$7.80 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$24.8b (up 8.7% from 3Q 2020). Net income: NT$1.82b (up 26% from 3Q 2020). Profit margin: 7.3% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$8.57 (vs NT$6.39 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$24.1b (up 23% from 2Q 2020). Net income: NT$1.59b (up 34% from 2Q 2020). Profit margin: 6.6% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. 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 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 06Upcoming dividend of NT$19.10 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 03 September 2021. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$7.28 (vs NT$3.60 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$22.4b (up 55% from 1Q 2020). Net income: NT$1.35b (up 102% from 1Q 2020). Profit margin: 6.0% (up from 4.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year.
分析記事 • Apr 18Estimating The Intrinsic Value Of Simplo Technology Co., Ltd. (GTSM:6121)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Simplo Technology Co...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$27.30 (vs NT$20.68 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$85.5b (up 16% from FY 2019). Net income: NT$5.05b (up 32% from FY 2019). Profit margin: 5.9% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.
分析記事 • Mar 22Capital Investments At Simplo Technology (GTSM:6121) Point To A Promising FutureDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
分析記事 • Mar 09Simplo Technology Co., Ltd. (GTSM:6121) Is Yielding 4.1% - But Is It A Buy?Is Simplo Technology Co., Ltd. ( GTSM:6121 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Feb 26New 90-day high: NT$390The company is up 18% from its price of NT$331 on 27 November 2020. The Taiwanese market is also up 18% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$528 per share.
分析記事 • Feb 23Does Simplo Technology (GTSM:6121) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 08Are Strong Financial Prospects The Force That Is Driving The Momentum In Simplo Technology Co., Ltd.'s GTSM:6121) Stock?Simplo Technology (GTSM:6121) has had a great run on the share market with its stock up by a significant 14% over the...
分析記事 • Jan 26What Kind Of Investors Own Most Of Simplo Technology Co., Ltd. (GTSM:6121)?Every investor in Simplo Technology Co., Ltd. ( GTSM:6121 ) should be aware of the most powerful shareholder groups...
分析記事 • Jan 13Simplo Technology Co., Ltd. (GTSM:6121) Shares Could Be 29% Below Their Intrinsic Value EstimateDoes the January share price for Simplo Technology Co., Ltd. ( GTSM:6121 ) reflect what it's really worth? Today, we...
Is New 90 Day High Low • Jan 04New 90-day high: NT$363The company is up 17% from its price of NT$311 on 07 October 2020. The Taiwanese market is also up 17% 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 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$224 per share.
分析記事 • Dec 29Simplo Technology (GTSM:6121) Has Gifted Shareholders With A Fantastic 193% Total Return On Their InvestmentThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
分析記事 • Dec 14Are Investors Overlooking Returns On Capital At Simplo Technology (GTSM:6121)?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Is New 90 Day High Low • Dec 03New 90-day high: NT$337The company is up 3.0% from its price of NT$328 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$198 per share.
Major Estimate Revision • Nov 19Analysts increase EPS estimates to NT$26.80The 2020 consensus revenue estimate increased from NT$79.7b to NT$82.7b. The earnings per share estimate also received an upgrade from NT$23.68 to NT$26.80 for the same period. Net income is expected to grow by 23% next year compared to 30% growth forecast for the Electronic industry in Taiwan. The consensus price target increased from NT$370 to NT$395. Share price is up 6.0% to NT$334 over the past week.
Analyst Estimate Surprise Post Earnings • Nov 16Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 8.8%, compared to a 11% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$7.80The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$22.8b (up 12% from 3Q 2019). Net income: NT$1.44b (up 18% from 3Q 2019). Profit margin: 6.3% (up from 6.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.