View Past PerformanceNetronix バランスシートの健全性財務の健全性 基準チェック /66Netronixの総株主資本はNT$4.5B 、総負債はNT$10.0Mで、負債比率は0.2%となります。総資産と総負債はそれぞれNT$7.6BとNT$3.1Bです。 Netronixの EBIT はNT$1.1Bで、利息カバレッジ比率-26.9です。現金および短期投資はNT$3.1Bです。主要情報0.22%負債資本比率NT$10.00m負債インタレスト・カバレッジ・レシオ-26.9x現金NT$3.05bエクイティNT$4.48b負債合計NT$3.07b総資産NT$7.56b財務の健全性に関する最新情報分析記事 • Mar 02Netronix (GTSM:6143) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 23We Think Netronix (GTSM:6143) Can Manage Its Debt With EaseThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.17 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$2.00b (up 25% from 1Q 2025). Net income: NT$121.1m (up 21% from 1Q 2025). Profit margin: 6.0% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses.Upcoming Dividend • Apr 03Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 10 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).Declared Dividend • Mar 16Dividend reduced to NT$6.00Dividend of NT$6.00 is 14% lower than last year. Ex-date: 10th April 2026 Payment date: 6th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (116% earnings payout ratio). However, it is well covered by cash flows (47% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 29% to bring the payout ratio under control, which is more than the 17% EPS growth achieved over the last 5 years.お知らせ • Mar 05Netronix, Inc., Annual General Meeting, Jun 12, 2026Netronix, Inc., Annual General Meeting, Jun 12, 2026. Location: b1 floor no,945, po ai st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.10 (vs NT$1.34 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.10 (up from NT$1.34 in 3Q 2024). Revenue: NT$2.30b (up 26% from 3Q 2024). Net income: NT$180.9m (up 57% from 3Q 2024). Profit margin: 7.9% (up from 6.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$139, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 176% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.45 (vs NT$2.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.45 (down from NT$2.17 in 2Q 2024). Revenue: NT$2.06b (up 3.8% from 2Q 2024). Net income: NT$38.7m (down 79% from 2Q 2024). Profit margin: 1.9% (down from 9.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to NT$118. The fair value is estimated to be NT$98.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 28%.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$118, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 187% over the past three years.Buy Or Sell Opportunity • May 14Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to NT$115. The fair value is estimated to be NT$94.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 28%.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.17 (vs NT$1.51 in 1Q 2024)First quarter 2025 results: EPS: NT$1.17 (down from NT$1.51 in 1Q 2024). Revenue: NT$1.60b (up 19% from 1Q 2024). Net income: NT$100.4m (down 23% from 1Q 2024). Profit margin: 6.3% (down from 9.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.お知らせ • May 01Netronix, Inc. to Report Q1, 2025 Results on May 09, 2025Netronix, Inc. 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 19%After last week's 19% share price decline to NT$110, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 151% over the past three years.Upcoming Dividend • Apr 05Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 11 April 2025. Payment date: 08 May 2025. Payout ratio and cash payout ratio are on the higher end at 96% and 91% respectively. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.1%).New Risk • Mar 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).お知らせ • Mar 05Netronix, Inc., Annual General Meeting, Jun 13, 2025Netronix, Inc., Annual General Meeting, Jun 13, 2025. Location: b1 floor no,945, po ai st., jhubei city, hsinchu county Taiwanお知らせ • Feb 25Netronix, Inc. to Report Fiscal Year 2024 Results on Mar 04, 2025Netronix, Inc. announced that they will report fiscal year 2024 results on Mar 04, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.34 (vs NT$2.10 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.34 (down from NT$2.10 in 3Q 2023). Revenue: NT$1.82b (flat on 3Q 2023). Net income: NT$115.3m (down 36% from 3Q 2023). Profit margin: 6.3% (down from 10.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.Buy Or Sell Opportunity • Oct 28Now 22% undervaluedOver the last 90 days, the stock has risen 2.5% to NT$123. The fair value is estimated to be NT$158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 23%.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$149, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 199% over the past three years.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$2.17 (vs NT$0.89 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.17 (up from NT$0.89 in 2Q 2023). Revenue: NT$1.98b (up 21% from 2Q 2023). Net income: NT$186.6m (up 145% from 2Q 2023). Profit margin: 9.4% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$103, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 142% over the past three years.お知らせ • Aug 02Netronix, Inc. to Report Q2, 2024 Results on Aug 09, 2024Netronix, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • May 31Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.9%).お知らせ • May 25Netronix, Inc. Announces Cash Dividend, Payable on June 28, 2024Netronix, Inc. announced cash dividend of TWD 4.00 per share. Ex-rights (Ex-dividend) date is June 7, 2024, Ex-rights (Ex-dividend) record date is June 16, 2024 and Payment date of cash dividend distribution is June 28, 2024.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.51 (vs NT$0.31 in 1Q 2023)First quarter 2024 results: EPS: NT$1.51 (up from NT$0.31 in 1Q 2023). Revenue: NT$1.34b (down 15% from 1Q 2023). Net income: NT$130.0m (up 388% from 1Q 2023). Profit margin: 9.7% (up from 1.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 29x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 221% over the past three years.お知らせ • Apr 28Netronix, Inc. to Report Q1, 2024 Results on May 03, 2024Netronix, Inc. announced that they will report Q1, 2024 results on May 03, 2024Buy Or Sell Opportunity • Apr 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to NT$109. The fair value is estimated to be NT$89.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 13%.New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (93% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Buy Or Sell Opportunity • Mar 07Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to NT$111. The fair value is estimated to be NT$89.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 13%.Reported Earnings • Mar 07Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$6.65b (up 6.0% from FY 2022). Net income: NT$371.0m (up 8.2% from FY 2022). Profit margin: 5.6% (up from 5.5% in FY 2022). The increase in margin was driven by higher revenue.お知らせ • Mar 06Netronix, Inc., Annual General Meeting, Jun 07, 2024Netronix, Inc., Annual General Meeting, Jun 07, 2024. Location: B1F, No. 945, Boai St, Jubei City Hsinchu Taiwan Agenda: To report the business of 2023; to report the cash dividend distribution of 2023; to adopt 2023 Business Report and Financial Statements; to consider and approve audit Committee's Review Report of 2023; to consider and approve re-election of the members of the Board of Directors; and to consider and approve other matters of business.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 23.5x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 184% over the past three years.Buying Opportunity • Dec 21Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be NT$115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 14%.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$103, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 201% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.10 (vs NT$1.61 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.10 (up from NT$1.61 in 3Q 2022). Revenue: NT$1.82b (up 14% from 3Q 2022). Net income: NT$180.9m (up 38% from 3Q 2022). Profit margin: 10.0% (up from 8.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 06New 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 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Shareholders have been diluted in the past year (7.3% increase in shares outstanding).Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$81.40, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 165% over the past three years.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.89 (vs NT$0.70 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.89 (up from NT$0.70 in 2Q 2022). Revenue: NT$1.65b (up 35% from 2Q 2022). Net income: NT$76.3m (up 34% from 2Q 2022). Profit margin: 4.6% (down from 4.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 03Upcoming dividend of NT$3.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 31 August 2023. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).New Risk • Jun 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).Reported Earnings • May 08Full year 2022 earnings released: EPS: NT$4.20 (vs NT$3.33 in FY 2021)Full year 2022 results: EPS: NT$4.20 (up from NT$3.33 in FY 2021). Revenue: NT$6.27b (up 13% from FY 2021). Net income: NT$342.7m (up 26% from FY 2021). Profit margin: 5.5% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$97.60, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 286% over the past three years.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$87.80, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 189% over the past three years.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$74.40, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 11x in the Tech industry in Taiwan. Total returns to shareholders of 125% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.61 (vs NT$0.53 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.61 (up from NT$0.53 in 3Q 2021). Revenue: NT$1.59b (up 40% from 3Q 2021). Net income: NT$131.6m (up 203% from 3Q 2021). Profit margin: 8.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.61 (vs NT$0.53 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.61 (up from NT$0.53 in 3Q 2021). Revenue: NT$1.59b (up 40% from 3Q 2021). Net income: NT$131.6m (up 203% from 3Q 2021). Profit margin: 8.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$55.80, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 61% over the past three years.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.70 (vs NT$0.48 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.70 (up from NT$0.48 in 2Q 2021). Revenue: NT$1.22b (down 4.6% from 2Q 2021). Net income: NT$56.8m (up 46% from 2Q 2021). Profit margin: 4.7% (up from 3.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 04Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 30 August 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (7.4%).Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$64.00, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 68% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.01 in 1Q 2021)First quarter 2022 results: EPS: NT$0.73 (down from NT$1.01 in 1Q 2021). Revenue: NT$1.22b (down 12% from 1Q 2021). Net income: NT$59.8m (down 28% from 1Q 2021). Profit margin: 4.9% (down from 6.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.54 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: NT$1.14b (down 12% from 3Q 2020). Net income: NT$43.4m (down 3.5% from 3Q 2020). Profit margin: 3.8% (up from 3.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 77% over the past three years.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$48.55, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$52.10, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 50% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.48 (vs NT$1.01 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.27b (down 11% from 2Q 2020). Net income: NT$38.9m (down 53% from 2Q 2020). Profit margin: 3.1% (down from 5.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 04Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 30 August 2021. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.2%).Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$62.10, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 82% over the past three years.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.01 (vs NT$0.38 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.39b (up 41% from 1Q 2020). Net income: NT$82.6m (up 165% from 1Q 2020). Profit margin: 6.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.分析記事 • Apr 28Should Netronix, Inc. (GTSM:6143) Be Part Of Your Income Portfolio?Is Netronix, Inc. ( GTSM:6143 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.97 (vs NT$3.03 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$5.36b (down 4.8% from FY 2019). Net income: NT$243.6m (down 3.1% from FY 2019). Profit margin: 4.5% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 19If You Had Bought Netronix (GTSM:6143) Stock A Year Ago, You Could Pocket A 83% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if when you...分析記事 • Mar 02Netronix (GTSM:6143) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 09Should You Use Netronix's (GTSM:6143) Statutory Earnings To Analyse It?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Feb 04New 90-day high: NT$39.80The company is up 15% from its price of NT$34.70 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 12% over the same period.分析記事 • Jan 25What Do The Returns At Netronix (GTSM:6143) Mean Going Forward?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Jan 08Consider This Before Buying Netronix, Inc. (GTSM:6143) For The 7.3% DividendIs Netronix, Inc. ( GTSM:6143 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...Is New 90 Day High Low • Dec 30New 90-day high: NT$39.75The company is up 16% from its price of NT$34.40 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 6.0% over the same period.分析記事 • Dec 23Can Mixed Fundamentals Have A Negative Impact on Netronix, Inc. (GTSM:6143) Current Share Price Momentum?Netronix's (GTSM:6143) stock is up by a considerable 11% over the past three months. However, we wonder if the...分析記事 • Dec 08What Type Of Returns Would Netronix's (GTSM:6143) Shareholders Have Received Over The Course Of The Last Five Years?Netronix, Inc. ( GTSM:6143 ) shareholders should be happy to see the share price up 12% in the last month. But if you...Is New 90 Day High Low • Dec 04New 90-day high: NT$37.75The company is up 2.0% from its price of NT$36.85 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is flat over the same period.分析記事 • Nov 23We Think Netronix (GTSM:6143) Can Manage Its Debt With EaseThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.54The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.29b (down 11% from 3Q 2019). Net income: NT$45.0m (down 31% from 3Q 2019). Profit margin: 3.5% (down from 4.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.財務状況分析短期負債: 6143の 短期資産 ( NT$6.0B ) が 短期負債 ( NT$2.9B ) を超えています。長期負債: 6143の短期資産 ( NT$6.0B ) が 長期負債 ( NT$136.4M ) 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: 6143総負債よりも多くの現金を保有しています。負債の削減: 6143の負債対資本比率は、過去 5 年間で37.6%から0.2%に減少しました。債務返済能力: 6143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 ( 10926% )。インタレストカバレッジ: 6143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2026/05/23 13:23終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Netronix, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Vincent LiaoKGI Securities Co. Ltd.Zhilong YenMasterlink Securities Investment Advisory
分析記事 • Mar 02Netronix (GTSM:6143) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 23We Think Netronix (GTSM:6143) Can Manage Its Debt With EaseThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.17 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$2.00b (up 25% from 1Q 2025). Net income: NT$121.1m (up 21% from 1Q 2025). Profit margin: 6.0% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Apr 03Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 10 April 2026. Payment date: 06 May 2026. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).
Declared Dividend • Mar 16Dividend reduced to NT$6.00Dividend of NT$6.00 is 14% lower than last year. Ex-date: 10th April 2026 Payment date: 6th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (116% earnings payout ratio). However, it is well covered by cash flows (47% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 29% to bring the payout ratio under control, which is more than the 17% EPS growth achieved over the last 5 years.
お知らせ • Mar 05Netronix, Inc., Annual General Meeting, Jun 12, 2026Netronix, Inc., Annual General Meeting, Jun 12, 2026. Location: b1 floor no,945, po ai st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.10 (vs NT$1.34 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.10 (up from NT$1.34 in 3Q 2024). Revenue: NT$2.30b (up 26% from 3Q 2024). Net income: NT$180.9m (up 57% from 3Q 2024). Profit margin: 7.9% (up from 6.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$139, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 176% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.45 (vs NT$2.17 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.45 (down from NT$2.17 in 2Q 2024). Revenue: NT$2.06b (up 3.8% from 2Q 2024). Net income: NT$38.7m (down 79% from 2Q 2024). Profit margin: 1.9% (down from 9.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to NT$118. The fair value is estimated to be NT$98.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 28%.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$118, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 187% over the past three years.
Buy Or Sell Opportunity • May 14Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to NT$115. The fair value is estimated to be NT$94.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 28%.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.17 (vs NT$1.51 in 1Q 2024)First quarter 2025 results: EPS: NT$1.17 (down from NT$1.51 in 1Q 2024). Revenue: NT$1.60b (up 19% from 1Q 2024). Net income: NT$100.4m (down 23% from 1Q 2024). Profit margin: 6.3% (down from 9.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 29% per year.
お知らせ • May 01Netronix, Inc. to Report Q1, 2025 Results on May 09, 2025Netronix, Inc. 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 19%After last week's 19% share price decline to NT$110, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 151% over the past three years.
Upcoming Dividend • Apr 05Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 11 April 2025. Payment date: 08 May 2025. Payout ratio and cash payout ratio are on the higher end at 96% and 91% respectively. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.1%).
New Risk • Mar 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 91% Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).
お知らせ • Mar 05Netronix, Inc., Annual General Meeting, Jun 13, 2025Netronix, Inc., Annual General Meeting, Jun 13, 2025. Location: b1 floor no,945, po ai st., jhubei city, hsinchu county Taiwan
お知らせ • Feb 25Netronix, Inc. to Report Fiscal Year 2024 Results on Mar 04, 2025Netronix, Inc. announced that they will report fiscal year 2024 results on Mar 04, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.34 (vs NT$2.10 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.34 (down from NT$2.10 in 3Q 2023). Revenue: NT$1.82b (flat on 3Q 2023). Net income: NT$115.3m (down 36% from 3Q 2023). Profit margin: 6.3% (down from 10.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.
Buy Or Sell Opportunity • Oct 28Now 22% undervaluedOver the last 90 days, the stock has risen 2.5% to NT$123. The fair value is estimated to be NT$158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 23%.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$149, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 199% over the past three years.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$2.17 (vs NT$0.89 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.17 (up from NT$0.89 in 2Q 2023). Revenue: NT$1.98b (up 21% from 2Q 2023). Net income: NT$186.6m (up 145% from 2Q 2023). Profit margin: 9.4% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$103, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 142% over the past three years.
お知らせ • Aug 02Netronix, Inc. to Report Q2, 2024 Results on Aug 09, 2024Netronix, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • May 31Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.9%).
お知らせ • May 25Netronix, Inc. Announces Cash Dividend, Payable on June 28, 2024Netronix, Inc. announced cash dividend of TWD 4.00 per share. Ex-rights (Ex-dividend) date is June 7, 2024, Ex-rights (Ex-dividend) record date is June 16, 2024 and Payment date of cash dividend distribution is June 28, 2024.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.51 (vs NT$0.31 in 1Q 2023)First quarter 2024 results: EPS: NT$1.51 (up from NT$0.31 in 1Q 2023). Revenue: NT$1.34b (down 15% from 1Q 2023). Net income: NT$130.0m (up 388% from 1Q 2023). Profit margin: 9.7% (up from 1.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$125, the stock trades at a trailing P/E ratio of 29x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 221% over the past three years.
お知らせ • Apr 28Netronix, Inc. to Report Q1, 2024 Results on May 03, 2024Netronix, Inc. announced that they will report Q1, 2024 results on May 03, 2024
Buy Or Sell Opportunity • Apr 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to NT$109. The fair value is estimated to be NT$89.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 13%.
New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (93% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Buy Or Sell Opportunity • Mar 07Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to NT$111. The fair value is estimated to be NT$89.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 13%.
Reported Earnings • Mar 07Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$6.65b (up 6.0% from FY 2022). Net income: NT$371.0m (up 8.2% from FY 2022). Profit margin: 5.6% (up from 5.5% in FY 2022). The increase in margin was driven by higher revenue.
お知らせ • Mar 06Netronix, Inc., Annual General Meeting, Jun 07, 2024Netronix, Inc., Annual General Meeting, Jun 07, 2024. Location: B1F, No. 945, Boai St, Jubei City Hsinchu Taiwan Agenda: To report the business of 2023; to report the cash dividend distribution of 2023; to adopt 2023 Business Report and Financial Statements; to consider and approve audit Committee's Review Report of 2023; to consider and approve re-election of the members of the Board of Directors; and to consider and approve other matters of business.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 23.5x. Average forward P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 184% over the past three years.
Buying Opportunity • Dec 21Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be NT$115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 14%.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$103, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 201% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.10 (vs NT$1.61 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.10 (up from NT$1.61 in 3Q 2022). Revenue: NT$1.82b (up 14% from 3Q 2022). Net income: NT$180.9m (up 38% from 3Q 2022). Profit margin: 10.0% (up from 8.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 06New 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 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Shareholders have been diluted in the past year (7.3% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$81.40, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 165% over the past three years.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.89 (vs NT$0.70 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.89 (up from NT$0.70 in 2Q 2022). Revenue: NT$1.65b (up 35% from 2Q 2022). Net income: NT$76.3m (up 34% from 2Q 2022). Profit margin: 4.6% (down from 4.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 03Upcoming dividend of NT$3.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 31 August 2023. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.3%).
New Risk • Jun 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
Reported Earnings • May 08Full year 2022 earnings released: EPS: NT$4.20 (vs NT$3.33 in FY 2021)Full year 2022 results: EPS: NT$4.20 (up from NT$3.33 in FY 2021). Revenue: NT$6.27b (up 13% from FY 2021). Net income: NT$342.7m (up 26% from FY 2021). Profit margin: 5.5% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$97.60, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 286% over the past three years.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$87.80, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 189% over the past three years.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$74.40, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 11x in the Tech industry in Taiwan. Total returns to shareholders of 125% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.61 (vs NT$0.53 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.61 (up from NT$0.53 in 3Q 2021). Revenue: NT$1.59b (up 40% from 3Q 2021). Net income: NT$131.6m (up 203% from 3Q 2021). Profit margin: 8.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.61 (vs NT$0.53 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.61 (up from NT$0.53 in 3Q 2021). Revenue: NT$1.59b (up 40% from 3Q 2021). Net income: NT$131.6m (up 203% from 3Q 2021). Profit margin: 8.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$55.80, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.70 (vs NT$0.48 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.70 (up from NT$0.48 in 2Q 2021). Revenue: NT$1.22b (down 4.6% from 2Q 2021). Net income: NT$56.8m (up 46% from 2Q 2021). Profit margin: 4.7% (up from 3.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 04Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 30 August 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (7.4%).
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$64.00, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 68% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.01 in 1Q 2021)First quarter 2022 results: EPS: NT$0.73 (down from NT$1.01 in 1Q 2021). Revenue: NT$1.22b (down 12% from 1Q 2021). Net income: NT$59.8m (down 28% from 1Q 2021). Profit margin: 4.9% (down from 6.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.54 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: NT$1.14b (down 12% from 3Q 2020). Net income: NT$43.4m (down 3.5% from 3Q 2020). Profit margin: 3.8% (up from 3.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 77% over the past three years.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$48.55, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 14x in the Tech industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$52.10, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.48 (vs NT$1.01 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.27b (down 11% from 2Q 2020). Net income: NT$38.9m (down 53% from 2Q 2020). Profit margin: 3.1% (down from 5.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 04Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 30 August 2021. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.2%).
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$62.10, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 82% over the past three years.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.01 (vs NT$0.38 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.39b (up 41% from 1Q 2020). Net income: NT$82.6m (up 165% from 1Q 2020). Profit margin: 6.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
分析記事 • Apr 28Should Netronix, Inc. (GTSM:6143) Be Part Of Your Income Portfolio?Is Netronix, Inc. ( GTSM:6143 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$2.97 (vs NT$3.03 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$5.36b (down 4.8% from FY 2019). Net income: NT$243.6m (down 3.1% from FY 2019). Profit margin: 4.5% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 19If You Had Bought Netronix (GTSM:6143) Stock A Year Ago, You Could Pocket A 83% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if when you...
分析記事 • Mar 02Netronix (GTSM:6143) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 09Should You Use Netronix's (GTSM:6143) Statutory Earnings To Analyse It?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Feb 04New 90-day high: NT$39.80The company is up 15% from its price of NT$34.70 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 12% over the same period.
分析記事 • Jan 25What Do The Returns At Netronix (GTSM:6143) Mean Going Forward?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Jan 08Consider This Before Buying Netronix, Inc. (GTSM:6143) For The 7.3% DividendIs Netronix, Inc. ( GTSM:6143 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Is New 90 Day High Low • Dec 30New 90-day high: NT$39.75The company is up 16% from its price of NT$34.40 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 6.0% over the same period.
分析記事 • Dec 23Can Mixed Fundamentals Have A Negative Impact on Netronix, Inc. (GTSM:6143) Current Share Price Momentum?Netronix's (GTSM:6143) stock is up by a considerable 11% over the past three months. However, we wonder if the...
分析記事 • Dec 08What Type Of Returns Would Netronix's (GTSM:6143) Shareholders Have Received Over The Course Of The Last Five Years?Netronix, Inc. ( GTSM:6143 ) shareholders should be happy to see the share price up 12% in the last month. But if you...
Is New 90 Day High Low • Dec 04New 90-day high: NT$37.75The company is up 2.0% from its price of NT$36.85 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is flat over the same period.
分析記事 • Nov 23We Think Netronix (GTSM:6143) Can Manage Its Debt With EaseThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.54The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.29b (down 11% from 3Q 2019). Net income: NT$45.0m (down 31% from 3Q 2019). Profit margin: 3.5% (down from 4.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.