View Past PerformanceLanner Electronics バランスシートの健全性財務の健全性 基準チェック /66Lanner Electronicsの総株主資本はNT$6.2B 、総負債はNT$0.0で、負債比率は0%となります。総資産と総負債はそれぞれNT$9.1BとNT$2.9Bです。 Lanner Electronicsの EBIT はNT$628.4Mで、利息カバレッジ比率-9.4です。現金および短期投資はNT$4.3Bです。主要情報0%負債資本比率NT$0負債インタレスト・カバレッジ・レシオ-9.4x現金NT$4.29bエクイティNT$6.20b負債合計NT$2.89b総資産NT$9.09b財務の健全性に関する最新情報分析記事 • Feb 17Does Lanner Electronics (GTSM:6245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...すべての更新を表示Recent updatesReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.38 (vs NT$6.11 in FY 2024)Full year 2025 results: EPS: NT$4.38 (down from NT$6.11 in FY 2024). Revenue: NT$7.19b (down 3.5% from FY 2024). Net income: NT$642.1m (down 28% from FY 2024). Profit margin: 8.9% (down from 12% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Mar 13Lanner Electronics Inc., Annual General Meeting, Jun 18, 2026Lanner Electronics Inc., Annual General Meeting, Jun 18, 2026. Location: no,128, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.07 (vs NT$1.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.07 (down from NT$1.58 in 3Q 2024). Revenue: NT$1.86b (down 9.0% from 3Q 2024). Net income: NT$157.3m (down 32% from 3Q 2024). Profit margin: 8.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$89.80, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 23x in the Communications industry in Taiwan. Total returns to shareholders of 50% over the past three years.Upcoming Dividend • Aug 26Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.75 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.75 (down from NT$1.27 in 2Q 2024). Revenue: NT$1.61b (down 2.0% from 2Q 2024). Net income: NT$109.2m (down 41% from 2Q 2024). Profit margin: 6.8% (down from 11% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Declared Dividend • Jul 12Dividend of NT$4.00 announcedShareholders will receive a dividend of NT$4.00. Ex-date: 2nd September 2025 Payment date: 30th September 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21+ 1 more updateLanner Electronics Inc. Announces the Election of Chen, Rui-Xu as Audit Committee Member, Effective June 20, 2025Lanner Electronics Inc. announced the election of the 2th Audit Committee member. Name of the previous position holder: Mr. Lu, Hung-Te, Mr. Tsai, Hsing-Tao and Mr. Tsai, Wen-Shiun. Resume of the previous position holder: Mr. Lu, Hung-Te: Independent Director of Lanner Electronics Inc., Mr. Tsai, Hsing-Tao: Independent Director of Lanner Electronics Inc., and Mr. Tsai, Wen-Shiun: Independent Director of Lanner Electronics Inc. Name of the new position holder: Mr. Lu, Hung-Te, Mr. Tsai, Wen-Hsun, Mr. Chen, Rui-Xu. Resume of the new position holder: Mr. Lu, Hung-Te: Independent Director of Lanner Electronics Inc., Mr. Tsai, Wen-Hsun: Independent Director of Lanner Electronics Inc., Mr. Chen, Rui-Xu: Independent Director of Lanner Electronics Inc. Reason for the change: Re-election due to term expired. Effective date of the new member is June 20, 2025.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.07 (vs NT$1.43 in 1Q 2024)First quarter 2025 results: EPS: NT$1.07 (down from NT$1.43 in 1Q 2024). Revenue: NT$1.70b (up 2.8% from 1Q 2024). Net income: NT$156.4m (down 25% from 1Q 2024). Profit margin: 9.2% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • May 01Lanner Electronics Inc. to Report Q1, 2025 Results on May 08, 2025Lanner Electronics Inc. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$78.60, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Communications industry in Taiwan. Total returns to shareholders of 68% over the past three years.New Risk • Mar 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Dividend is not well covered by cash flows (150% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$6.10 (vs NT$7.57 in FY 2023)Full year 2024 results: EPS: NT$6.10 (down from NT$7.57 in FY 2023). Revenue: NT$7.45b (down 11% from FY 2023). Net income: NT$890.8m (down 9.8% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 20Lanner Electronics Inc. to Debut Industrial-Grade Edge AI Computers at NVIDIA GTC 2025, Powered by NVIDIA Jetson PlatformLanner Electronics announced that it will officially unveil its latest innovation, the EAI-I233 and EAI-I251 industrial-grade Edge AI computers, at NVIDIA GTC 2025. Powered by the NVIDIA®? Jetson AGX Orin™? system on module (SOM), these advanced platforms are designed to deliver low-latency AI inferencing capabilities at the edge for industries including retail, manufacturing, transportation and smart city. The EAI-I233 features a compact design and is powered by the NVIDIA Jetson AGX Orin SOM, offering up to 64GB LPDDR5 memory and 2048 CUDA®? cores for exceptional AI performance. With versatile connectivity options, including 1x GbE RJ45, 1x 10GbE RJ45, 1x 2.5GbE RJ45, 4x USB 3.2, 2x COM, and M.2 expansion slots for WiFi and 5G/LTE connectivity, this platform is ideal for deployment in space-constrained environments, such as retail stores, airports, branch offices, enabling real-time AI inferencing for video analytics applications. The EAI-I251, designed for harsh environments with an operational range of -40degC to 70degC, is powered by the NVIDIA JetPack™? accelerated libraries, and robust development tools, accelerating the deployment of AI-driven in-vehicle video analytics.お知らせ • Mar 12Lanner Electronics Inc., Annual General Meeting, Jun 20, 2025Lanner Electronics Inc., Annual General Meeting, Jun 20, 2025. Location: no,237-6, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwanお知らせ • Mar 04Lanner Electronics Inc. to Report Fiscal Year 2024 Results on Mar 11, 2025Lanner Electronics Inc. announced that they will report fiscal year 2024 results on Mar 11, 2025お知らせ • Feb 24Lanner Electronics Unveils Wide -Temperature 5G Edge Server Powered by Intel Xeon 6 SoCLanner Electronics announced the launch of the ECA-5555, a next-generation compact edge server powered by the cutting-edge Intel Xeon 6 SoC, previously codenamed Granite Rapids-D. Designed to empower AI-accelerated virtualized RAN and edge compute applications, this innovative platform delivers superior performance, scalability, and reliability for next-generation networks. Lanner will demonstrate the ECA-5555 edge server at MWC 2025. Visit the company at Hall 5 (#5C86) to see the ECA-5555 in action. The ECA-5555 is a 1U edge server designed to meet the demanding requirements of telecom edge networks. Engineered with a short chassis and front I/O, Lanner ECA-5555 excels as a Distributed Unit (DU) or Centralized Unit (CU) server for 5G RAN intelligence. Additionally, it serves as a Multi-access Edge Computing (MEC) server for content delivery applications, including media streaming and cloud gaming. Equipped with the Intel Xeon 6 SoC, the ECA-5555 delivers up to 2.4x capacity gain and 3.2x AI RAN performance per core gain compared to the previous-generation platform. It also features integrated Intel Advanced Matrix Extensions (Intel AMX) and Intel Advanced Vector Extensions (Intel AVX) acceleration for RAN and AI workloads, as well as integrated vRAN acceleration with Intel vRAN Boost. With support for two 100Gbps QSFP28 ports and 8 25Gbps SFP28 ports, it maximizes vRAN performance while maintaining a wide operating temperature range of -40 to 55oC, ensuring reliable performance even in the most challenging environments. Optimized for MEC Applications: The ECA-5555 features a FHFL Gen5 PCIe x16 slot supporting GPUs and NICs. It incorporates Intel DataStream Accelerator (Intel DSA), Intel QuickAssist Technology (Intel QAT), and Media accelerator. These technologies optimize resource allocation for high-performance content delivery network applications, enabling ultra-low-latency cloud gaming and seamless media streaming. The Lanner ECA-55 55 will be available in second quarter, 2025.New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 (99% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$115, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 34x in the Communications industry in Taiwan. Total returns to shareholders of 156% over the past three years.Buy Or Sell Opportunity • Dec 17Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$88.90. The fair value is estimated to be NT$73.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.Buy Or Sell Opportunity • Dec 02Now 21% overvaluedOver the last 90 days, the stock has fallen 3.6% to NT$90.90. The fair value is estimated to be NT$75.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.お知らせ • Nov 27Lanner Electronics Inc. Announces Chief Information Security Officer ChangesLanner Electronics Inc. announced change in chief information security officer. Name, title, and resume of the previous position holder: HOU,WU-CHENG/Assistant Director of Information Technology Div. Name, title, and resume of the new position holder: SU,WEI-CHOU/Assistant Director of Information Technology Div. Effective Date: November 26, 2024. Reason for the change: position adjustment.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.58 (vs NT$1.85 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.58 (down from NT$1.85 in 3Q 2023). Revenue: NT$2.05b (up 14% from 3Q 2023). Net income: NT$230.7m (flat on 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 22Upcoming dividend of NT$4.25 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$2.32 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (down from NT$2.32 in 2Q 2023). Revenue: NT$1.64b (down 26% from 2Q 2023). Net income: NT$185.0m (down 36% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 23% per year.お知らせ • Aug 01Lanner Electronics Inc. to Report Q2, 2024 Results on Aug 08, 2024Lanner Electronics Inc. announced that they will report Q2, 2024 results on Aug 08, 2024Declared Dividend • Jul 13Dividend of NT$4.25 announcedShareholders will receive a dividend of NT$4.25. Ex-date: 29th August 2024 Payment date: 30th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jul 12Lanner Electronics Inc. Announces the Cash Dividend, Payable on 30 September 2024Lanner Electronics Inc. announced the cash dividends of TWD 620,930,000 (TWD 4.25 per share). Ex-rights (Ex-dividend) date: 29 August 2024. Ex-rights (Ex-dividend) record date: 5 September 2024. Payment date of cash dividend distribution: 30 September 2024. Date of the resolution by the board of directors or shareholders meeting, or of the decision by the company is July 11, 2024.お知らせ • Jun 06Lanner to Accelerate AI Inference At 5G Edge with Edge Ai Server Powered by the NVIDIA GH200 Grace Hopper SuperchipLanner Electronics has announced its next-generation edge AI server, the ECA-6051, powered by the NVIDIA MGX reference architecture. Designed to accelerate AI training and inference in 5G infrastructure, the ECA- 6051 is a 2U short-depth edge AI server featuring the NVIDIA GH200 Grace Hopper Superchip and support for multiple GPUs. The ECA-6051 aims to enable low-latency multi-access edge computing applications, including video transcoding, factory visual inspection, and RAN intelligent control, in private 5G networks. To meet the increasing need for AI acceleration in 5G infrastructure, theECA-6051 is equipped with CPU boards using an NVIDIA GraceCPU with 72 Arm Neoverse V2 cores, plus a maximum of 1,536GB DDR5 memory. Featuring a front-access, 420mm-depth short-chassis and redundant power supplies, the ECA-60 51 is specifically designed for deployment in space-constrained 5G edge network locations. It accelerates the performance and minimizes the deployment time of AI-driven applications while minimizing latency caused by data transmission to centralized servers in the cloud. Configured with up to 3 PCIe 5.0 x16 slots, the modular ECA-6051 can accommodate 3 PCIe cards, including the NVIDIA L40S GPU, NVIDIA H100Tensor CoreGPU, NVIDIA Bluefield-3 DPU, and NVIDIA ConnectX network adapters. With support for multiple GPUs and DPUs, this edge AI server dramatically enhances AI and networking performance at the 5G edge, providing a scalable, high-performance platform for telecommunications operators to construct and deploy 5G radio access networks that are open, efficient, and secure.Buy Or Sell Opportunity • Jun 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to NT$97.30. The fair value is estimated to be NT$124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 26%.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.43 (vs NT$2.04 in 1Q 2023)First quarter 2024 results: EPS: NT$1.43 (down from NT$2.04 in 1Q 2023). Revenue: NT$1.66b (down 25% from 1Q 2023). Net income: NT$208.5m (down 18% from 1Q 2023). Profit margin: 13% (up from 12% 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 26% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$7.57 (vs NT$8.03 in FY 2022)Full year 2023 results: EPS: NT$7.57 (down from NT$8.03 in FY 2022). Revenue: NT$8.37b (down 15% from FY 2022). Net income: NT$987.4m (down 1.6% from FY 2022). Profit margin: 12% (up from 10% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 15Lanner Electronics Inc., Annual General Meeting, Jun 21, 2024Lanner Electronics Inc., Annual General Meeting, Jun 21, 2024. Location: No. 237-6, Sec. 1, Datong Rd., Xizhi Dist New Taipei City Taiwan Agenda: To consider The 2023 Business Report; to consider 2023 Audit Committee's review report; to consider Report on the distribution of earnings for 2023; to consider Report on the distribution of 2023 remuneration for employees and directors; and to transact such other business matters.New Risk • Feb 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.2% average weekly change). 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 (16% increase in shares outstanding).New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding).New Risk • Nov 27New 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 5.6% 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 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 (5.6% average weekly change).Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$109, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 24x in the Communications industry in Taiwan. Total returns to shareholders of 96% over the past three years.Upcoming Dividend • Aug 31Upcoming dividend of NT$4.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 19 October 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$2.45 (vs NT$1.96 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.45 (up from NT$1.96 in 2Q 2022). Revenue: NT$2.21b (down 5.4% from 2Q 2022). Net income: NT$290.9m (up 26% from 2Q 2022). Profit margin: 13% (up from 9.9% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$115, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 131% over the past three years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$140, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 15x in the Communications industry in Taiwan. Total returns to shareholders of 187% over the past three years.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$8.52 (vs NT$4.65 in FY 2021)Full year 2022 results: EPS: NT$8.52 (up from NT$4.65 in FY 2021). Revenue: NT$9.82b (up 28% from FY 2021). Net income: NT$1.00b (up 84% from FY 2021). Profit margin: 10% (up from 7.1% 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 20% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$127, the stock trades at a trailing P/E ratio of 16.4x. Average forward P/E is 13x in the Communications industry in Taiwan. Total returns to shareholders of 222% over the past three years.Buying Opportunity • Mar 13Now 23% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 14%.Buying Opportunity • Feb 22Now 22% undervaluedOver the last 90 days, the stock is up 28%. The fair value is estimated to be NT$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 14%.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$107, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$87.50, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 10x in the Communications industry in Taiwan. Total returns to shareholders of 60% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$2.86 (vs NT$1.06 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.86 (up from NT$1.06 in 3Q 2021). Revenue: NT$2.54b (up 25% from 3Q 2021). Net income: NT$338.1m (up 173% from 3Q 2021). Profit margin: 13% (up from 6.1% 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 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$2.86 (vs NT$1.06 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.86 (up from NT$1.06 in 3Q 2021). Revenue: NT$2.54b (up 25% from 3Q 2021). Net income: NT$338.1m (up 173% from 3Q 2021). Profit margin: 13% (up from 6.1% 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 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$57.30, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the Communications industry in Taiwan. Total loss to shareholders of 5.6% over the past three years.お知らせ • Sep 28Lanner Launches Carrier-grade 1U HDM-1006 NVMe Storage Blade to Expand Its HybridTCA™ Product LineupLanner announced the release of the HDM-1006, a 1U storage blade with 6x NVMe SSD trays for the HTCA-6000 series, supporting fast read/write speeds and lowlatency with NVMe drives. The HTCA-6000 series was designed with built-in scalability to meet data-intensive workloads, such as CDN (Content Delivery Networks), HCI (Hyper-Converged Infrastructure), and MEC (Multi-Access Edge Computing). The compact and scalable 1U height form factor storage blade is compatiblewith HTCA-6200, 6400, and 6600. The storage blade contains 6x NVMe SSD trays, each tray supports a maximum capacity of up to 3.2TB/18W NVMe SSD, with hot-swappable capability. Lanner's HybridTCATM platforms integrate compute, switching, storage, and management in one system and have advantages over the prevalent infrastructure in aspects of hardware design, customization options, and cost/energy efficiency.Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$78.30, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 31% over the past three years.Upcoming Dividend • Aug 22Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 29 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (2.7%).Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.96 (vs NT$0.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.96 (up from NT$0.70 in 2Q 2021). Revenue: NT$2.34b (up 45% from 2Q 2021). Net income: NT$231.7m (up 179% from 2Q 2021). Profit margin: 9.9% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$66.50, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 12% over the past three years.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$63.60, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.95 (up from NT$0.90 in 1Q 2021). Revenue: NT$1.80b (up 4.3% from 1Q 2021). Net income: NT$111.3m (up 5.1% from 1Q 2021). Profit margin: 6.2% (up from 6.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Buying Opportunity • May 11Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 3.9%. The fair value is estimated to be NT$67.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 29Lanner Electronics Inc., Annual General Meeting, Jun 17, 2022Lanner Electronics Inc., Annual General Meeting, Jun 17, 2022.Buying Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be NT$69.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4% per annum over the last 3 years.Buying Opportunity • Feb 14Now 21% undervaluedOver the last 90 days, the stock is up 4.1%. The fair value is estimated to be NT$67.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.6% per annum over the last 3 years.Buying Opportunity • Jan 13Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$68.07, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.6% per annum over the last 3 years.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$1.06 (vs NT$1.60 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.04b (down 5.7% from 3Q 2020). Net income: NT$123.9m (down 35% from 3Q 2020). Profit margin: 6.1% (down from 8.8% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.お知らせ • Oct 01Lanner Electronics Inc. Accredits with ISO 26262 CertificationLanner Electronics Inc. announced that it has attained ISO 26262 certification for automotive functional safety, and reinforcing its initiative in developing edge compute platforms for autonomous driving systems. As one of the first industrial computer companies to be certified for ISO 26262, Lanner commits to bringing their AI-accelerated edge computing hardware solutions that enhance the performance of perception, prediction algorithms for autonomous driving systems. ISO 26262 is an international standard intended to ensure safety throughout the lifecycle of automotive equipment and systems, covering all the functional safety aspects of the entire development process. In 2021, over 50 Lanner product managers and engineers have received the ISO 26262 Functional Safety Certification Programme (FSCP) certification and understand the latest functional safety knowledge and best practices. Moving forward, Lanner aims to acquire IATF 16949, a technical specification on quality management system development in the automotive industry supply chain and assembly process. As Lanner continues to expand in functional safety compliance verification, the company is currently involved in offering edge computing hardware solutions for several autonomous driving projects, including traditional car vendors as factory-installed solutions, and startup companies as innovative self-driving solutions. Powered by Intel Xeon Scalable Processor, Lanner edge compute systems provide workload-optimized platforms with built-in AI acceleration, performing as the central brain for level 4 autonomous vehicles, processing the extensive amounts of data from car sensors, cameras, and LiDAR.Upcoming Dividend • Aug 18Upcoming dividend of NT$3.33 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 30 September 2021. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.4%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.70 (vs NT$1.58 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.62b (down 7.3% from 2Q 2020). Net income: NT$83.1m (down 56% from 2Q 2020). Profit margin: 5.1% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.90 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.73b (up 12% from 1Q 2020). Net income: NT$105.9m (up 46% from 1Q 2020). Profit margin: 6.1% (up from 4.7% 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 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 05Returns On Capital At Lanner Electronics (GTSM:6245) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...お知らせ • Mar 21Lanner Electronics Inc., Annual General Meeting, Jun 18, 2021Lanner Electronics Inc., Annual General Meeting, Jun 18, 2021.分析記事 • Mar 17Lanner Electronics Inc.'s (GTSM:6245) Stock Has Fared Decently: Is the Market Following Strong Financials?Lanner Electronics' (GTSM:6245) stock is up by 2.8% over the past week. Since the market usually pay for a company’s...Reported Earnings • Mar 11Full year 2020 earnings released: EPS NT$5.05 (vs NT$4.18 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$7.50b (down 2.9% from FY 2019). Net income: NT$595.9m (up 21% from FY 2019). Profit margin: 7.9% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.Is New 90 Day High Low • Mar 10New 90-day low: NT$64.50The company is down 2.0% from its price of NT$66.00 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.分析記事 • Feb 17Does Lanner Electronics (GTSM:6245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Feb 02Is Lanner Electronics Inc. (GTSM:6245) An Attractive Dividend Stock?Is Lanner Electronics Inc. ( GTSM:6245 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Jan 19Shareholders Of Lanner Electronics (GTSM:6245) Must Be Happy With Their 164% Total ReturnThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Is New 90 Day High Low • Jan 04New 90-day high: NT$72.50The company is up 22% from its price of NT$59.60 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.分析記事 • Dec 31Here’s What’s Happening With Returns At Lanner Electronics (GTSM:6245)What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 16Lanner Electronics Inc.'s (GTSM:6245) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Lanner Electronics (GTSM:6245) has had a great run on the share market with its stock up by a significant 10% over the...分析記事 • Dec 01Is There More To The Story Than Lanner Electronics's (GTSM:6245) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.60The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.16b (up 11% from 3Q 2019). Net income: NT$189.2m (up 32% from 3Q 2019). Profit margin: 8.8% (up from 7.4% 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 16% per year whereas the company’s share price has increased by 19% per year.Is New 90 Day High Low • Oct 24New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.80 on 24 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 1.0% over the same period.お知らせ • Oct 03Lanner Electronics Inc. to Unveil the Ucpe and Mec Solutions At the Layer123 World Congress 2020 Virtual EventLanner Electronics Inc. announced that from 12 to 15 October, 2020, Lanner will join the Layer123 World Congress 2020 Virtual Event to unveil the 5G-ready uCPE platforms for next-gen multi-vendor SD-WAN as well as converged MEC appliances for consolidated Core network services at Edge Cloud.お知らせ • Sep 23Lanner Electronics Inc. Certifies NCA-1515/L-1515 with 128 Technology's Session Smart Router on Verizon WirelessLanner Electronics announces that it has certified NCA-1515/L-1515 with 128 Technology's Session Smart Router on Verizon Wireless, one of the world's largest and most advanced networks. Certification to Verizon's Open Development Device Initiative (ODI) enables a product to connect to the Verizon Wireless network. Lanner has previously obtained Verizon ODI certification on the NCA-1515/L-1515 generic x86 platform and since worked closely with Verizon to enhance the certification benefits by adding sub-certifications, including application software. This extra certification ensures seamless operation of the entire white box solution on Verizon's network. Lanner hosts this program and performs the testing with their eco-system partners like 128 Technology. Lanner and 128 Technology collaborated closely to deliver the benefits of mobile connectivity in edge cloud applications, a requirement for Next-Generation 5G communications. The high-performance 128 Technology and Lanner joint solution with LTE access provides scalability and flexibility in SDN and NFV deployments with a robust and stable wireless connection.財務状況分析短期負債: 6245の 短期資産 ( NT$7.5B ) が 短期負債 ( NT$2.5B ) を超えています。長期負債: 6245の短期資産 ( NT$7.5B ) が 長期負債 ( NT$434.7M ) 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: 6245は負債がありません。負債の削減: 6245負債比率が33.9%であった 5 年前と比べて負債がありません。債務返済能力: 6245には負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: 6245には負債がないため、利息支払い の負担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2026/05/09 09:46終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lanner Electronics 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Matthew HsiehMasterlink Securities Investment AdvisoryChihhao ChangSinoPac Securities Investment Service
分析記事 • Feb 17Does Lanner Electronics (GTSM:6245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.38 (vs NT$6.11 in FY 2024)Full year 2025 results: EPS: NT$4.38 (down from NT$6.11 in FY 2024). Revenue: NT$7.19b (down 3.5% from FY 2024). Net income: NT$642.1m (down 28% from FY 2024). Profit margin: 8.9% (down from 12% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 13Lanner Electronics Inc., Annual General Meeting, Jun 18, 2026Lanner Electronics Inc., Annual General Meeting, Jun 18, 2026. Location: no,128, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.07 (vs NT$1.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.07 (down from NT$1.58 in 3Q 2024). Revenue: NT$1.86b (down 9.0% from 3Q 2024). Net income: NT$157.3m (down 32% from 3Q 2024). Profit margin: 8.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$89.80, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 23x in the Communications industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Upcoming Dividend • Aug 26Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.75 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.75 (down from NT$1.27 in 2Q 2024). Revenue: NT$1.61b (down 2.0% from 2Q 2024). Net income: NT$109.2m (down 41% from 2Q 2024). Profit margin: 6.8% (down from 11% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Declared Dividend • Jul 12Dividend of NT$4.00 announcedShareholders will receive a dividend of NT$4.00. Ex-date: 2nd September 2025 Payment date: 30th September 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21+ 1 more updateLanner Electronics Inc. Announces the Election of Chen, Rui-Xu as Audit Committee Member, Effective June 20, 2025Lanner Electronics Inc. announced the election of the 2th Audit Committee member. Name of the previous position holder: Mr. Lu, Hung-Te, Mr. Tsai, Hsing-Tao and Mr. Tsai, Wen-Shiun. Resume of the previous position holder: Mr. Lu, Hung-Te: Independent Director of Lanner Electronics Inc., Mr. Tsai, Hsing-Tao: Independent Director of Lanner Electronics Inc., and Mr. Tsai, Wen-Shiun: Independent Director of Lanner Electronics Inc. Name of the new position holder: Mr. Lu, Hung-Te, Mr. Tsai, Wen-Hsun, Mr. Chen, Rui-Xu. Resume of the new position holder: Mr. Lu, Hung-Te: Independent Director of Lanner Electronics Inc., Mr. Tsai, Wen-Hsun: Independent Director of Lanner Electronics Inc., Mr. Chen, Rui-Xu: Independent Director of Lanner Electronics Inc. Reason for the change: Re-election due to term expired. Effective date of the new member is June 20, 2025.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.07 (vs NT$1.43 in 1Q 2024)First quarter 2025 results: EPS: NT$1.07 (down from NT$1.43 in 1Q 2024). Revenue: NT$1.70b (up 2.8% from 1Q 2024). Net income: NT$156.4m (down 25% from 1Q 2024). Profit margin: 9.2% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • May 01Lanner Electronics Inc. to Report Q1, 2025 Results on May 08, 2025Lanner Electronics Inc. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$78.60, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Communications industry in Taiwan. Total returns to shareholders of 68% over the past three years.
New Risk • Mar 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Dividend is not well covered by cash flows (150% cash payout ratio). Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$6.10 (vs NT$7.57 in FY 2023)Full year 2024 results: EPS: NT$6.10 (down from NT$7.57 in FY 2023). Revenue: NT$7.45b (down 11% from FY 2023). Net income: NT$890.8m (down 9.8% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 20Lanner Electronics Inc. to Debut Industrial-Grade Edge AI Computers at NVIDIA GTC 2025, Powered by NVIDIA Jetson PlatformLanner Electronics announced that it will officially unveil its latest innovation, the EAI-I233 and EAI-I251 industrial-grade Edge AI computers, at NVIDIA GTC 2025. Powered by the NVIDIA®? Jetson AGX Orin™? system on module (SOM), these advanced platforms are designed to deliver low-latency AI inferencing capabilities at the edge for industries including retail, manufacturing, transportation and smart city. The EAI-I233 features a compact design and is powered by the NVIDIA Jetson AGX Orin SOM, offering up to 64GB LPDDR5 memory and 2048 CUDA®? cores for exceptional AI performance. With versatile connectivity options, including 1x GbE RJ45, 1x 10GbE RJ45, 1x 2.5GbE RJ45, 4x USB 3.2, 2x COM, and M.2 expansion slots for WiFi and 5G/LTE connectivity, this platform is ideal for deployment in space-constrained environments, such as retail stores, airports, branch offices, enabling real-time AI inferencing for video analytics applications. The EAI-I251, designed for harsh environments with an operational range of -40degC to 70degC, is powered by the NVIDIA JetPack™? accelerated libraries, and robust development tools, accelerating the deployment of AI-driven in-vehicle video analytics.
お知らせ • Mar 12Lanner Electronics Inc., Annual General Meeting, Jun 20, 2025Lanner Electronics Inc., Annual General Meeting, Jun 20, 2025. Location: no,237-6, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
お知らせ • Mar 04Lanner Electronics Inc. to Report Fiscal Year 2024 Results on Mar 11, 2025Lanner Electronics Inc. announced that they will report fiscal year 2024 results on Mar 11, 2025
お知らせ • Feb 24Lanner Electronics Unveils Wide -Temperature 5G Edge Server Powered by Intel Xeon 6 SoCLanner Electronics announced the launch of the ECA-5555, a next-generation compact edge server powered by the cutting-edge Intel Xeon 6 SoC, previously codenamed Granite Rapids-D. Designed to empower AI-accelerated virtualized RAN and edge compute applications, this innovative platform delivers superior performance, scalability, and reliability for next-generation networks. Lanner will demonstrate the ECA-5555 edge server at MWC 2025. Visit the company at Hall 5 (#5C86) to see the ECA-5555 in action. The ECA-5555 is a 1U edge server designed to meet the demanding requirements of telecom edge networks. Engineered with a short chassis and front I/O, Lanner ECA-5555 excels as a Distributed Unit (DU) or Centralized Unit (CU) server for 5G RAN intelligence. Additionally, it serves as a Multi-access Edge Computing (MEC) server for content delivery applications, including media streaming and cloud gaming. Equipped with the Intel Xeon 6 SoC, the ECA-5555 delivers up to 2.4x capacity gain and 3.2x AI RAN performance per core gain compared to the previous-generation platform. It also features integrated Intel Advanced Matrix Extensions (Intel AMX) and Intel Advanced Vector Extensions (Intel AVX) acceleration for RAN and AI workloads, as well as integrated vRAN acceleration with Intel vRAN Boost. With support for two 100Gbps QSFP28 ports and 8 25Gbps SFP28 ports, it maximizes vRAN performance while maintaining a wide operating temperature range of -40 to 55oC, ensuring reliable performance even in the most challenging environments. Optimized for MEC Applications: The ECA-5555 features a FHFL Gen5 PCIe x16 slot supporting GPUs and NICs. It incorporates Intel DataStream Accelerator (Intel DSA), Intel QuickAssist Technology (Intel QAT), and Media accelerator. These technologies optimize resource allocation for high-performance content delivery network applications, enabling ultra-low-latency cloud gaming and seamless media streaming. The Lanner ECA-55 55 will be available in second quarter, 2025.
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 (99% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$115, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 34x in the Communications industry in Taiwan. Total returns to shareholders of 156% over the past three years.
Buy Or Sell Opportunity • Dec 17Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$88.90. The fair value is estimated to be NT$73.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.
Buy Or Sell Opportunity • Dec 02Now 21% overvaluedOver the last 90 days, the stock has fallen 3.6% to NT$90.90. The fair value is estimated to be NT$75.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.
お知らせ • Nov 27Lanner Electronics Inc. Announces Chief Information Security Officer ChangesLanner Electronics Inc. announced change in chief information security officer. Name, title, and resume of the previous position holder: HOU,WU-CHENG/Assistant Director of Information Technology Div. Name, title, and resume of the new position holder: SU,WEI-CHOU/Assistant Director of Information Technology Div. Effective Date: November 26, 2024. Reason for the change: position adjustment.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.58 (vs NT$1.85 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.58 (down from NT$1.85 in 3Q 2023). Revenue: NT$2.05b (up 14% from 3Q 2023). Net income: NT$230.7m (flat on 3Q 2023). Profit margin: 11% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 22Upcoming dividend of NT$4.25 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$2.32 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (down from NT$2.32 in 2Q 2023). Revenue: NT$1.64b (down 26% from 2Q 2023). Net income: NT$185.0m (down 36% from 2Q 2023). Profit margin: 11% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Aug 01Lanner Electronics Inc. to Report Q2, 2024 Results on Aug 08, 2024Lanner Electronics Inc. announced that they will report Q2, 2024 results on Aug 08, 2024
Declared Dividend • Jul 13Dividend of NT$4.25 announcedShareholders will receive a dividend of NT$4.25. Ex-date: 29th August 2024 Payment date: 30th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 12Lanner Electronics Inc. Announces the Cash Dividend, Payable on 30 September 2024Lanner Electronics Inc. announced the cash dividends of TWD 620,930,000 (TWD 4.25 per share). Ex-rights (Ex-dividend) date: 29 August 2024. Ex-rights (Ex-dividend) record date: 5 September 2024. Payment date of cash dividend distribution: 30 September 2024. Date of the resolution by the board of directors or shareholders meeting, or of the decision by the company is July 11, 2024.
お知らせ • Jun 06Lanner to Accelerate AI Inference At 5G Edge with Edge Ai Server Powered by the NVIDIA GH200 Grace Hopper SuperchipLanner Electronics has announced its next-generation edge AI server, the ECA-6051, powered by the NVIDIA MGX reference architecture. Designed to accelerate AI training and inference in 5G infrastructure, the ECA- 6051 is a 2U short-depth edge AI server featuring the NVIDIA GH200 Grace Hopper Superchip and support for multiple GPUs. The ECA-6051 aims to enable low-latency multi-access edge computing applications, including video transcoding, factory visual inspection, and RAN intelligent control, in private 5G networks. To meet the increasing need for AI acceleration in 5G infrastructure, theECA-6051 is equipped with CPU boards using an NVIDIA GraceCPU with 72 Arm Neoverse V2 cores, plus a maximum of 1,536GB DDR5 memory. Featuring a front-access, 420mm-depth short-chassis and redundant power supplies, the ECA-60 51 is specifically designed for deployment in space-constrained 5G edge network locations. It accelerates the performance and minimizes the deployment time of AI-driven applications while minimizing latency caused by data transmission to centralized servers in the cloud. Configured with up to 3 PCIe 5.0 x16 slots, the modular ECA-6051 can accommodate 3 PCIe cards, including the NVIDIA L40S GPU, NVIDIA H100Tensor CoreGPU, NVIDIA Bluefield-3 DPU, and NVIDIA ConnectX network adapters. With support for multiple GPUs and DPUs, this edge AI server dramatically enhances AI and networking performance at the 5G edge, providing a scalable, high-performance platform for telecommunications operators to construct and deploy 5G radio access networks that are open, efficient, and secure.
Buy Or Sell Opportunity • Jun 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to NT$97.30. The fair value is estimated to be NT$124, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 26%.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.43 (vs NT$2.04 in 1Q 2023)First quarter 2024 results: EPS: NT$1.43 (down from NT$2.04 in 1Q 2023). Revenue: NT$1.66b (down 25% from 1Q 2023). Net income: NT$208.5m (down 18% from 1Q 2023). Profit margin: 13% (up from 12% 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 26% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$7.57 (vs NT$8.03 in FY 2022)Full year 2023 results: EPS: NT$7.57 (down from NT$8.03 in FY 2022). Revenue: NT$8.37b (down 15% from FY 2022). Net income: NT$987.4m (down 1.6% from FY 2022). Profit margin: 12% (up from 10% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 15Lanner Electronics Inc., Annual General Meeting, Jun 21, 2024Lanner Electronics Inc., Annual General Meeting, Jun 21, 2024. Location: No. 237-6, Sec. 1, Datong Rd., Xizhi Dist New Taipei City Taiwan Agenda: To consider The 2023 Business Report; to consider 2023 Audit Committee's review report; to consider Report on the distribution of earnings for 2023; to consider Report on the distribution of 2023 remuneration for employees and directors; and to transact such other business matters.
New Risk • Feb 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.2% average weekly change). 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 (16% increase in shares outstanding).
New Risk • Dec 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding).
New Risk • Nov 27New 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 5.6% 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 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 (5.6% average weekly change).
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$109, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 24x in the Communications industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Upcoming Dividend • Aug 31Upcoming dividend of NT$4.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 19 October 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$2.45 (vs NT$1.96 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.45 (up from NT$1.96 in 2Q 2022). Revenue: NT$2.21b (down 5.4% from 2Q 2022). Net income: NT$290.9m (up 26% from 2Q 2022). Profit margin: 13% (up from 9.9% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$115, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 131% over the past three years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$140, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 15x in the Communications industry in Taiwan. Total returns to shareholders of 187% over the past three years.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$8.52 (vs NT$4.65 in FY 2021)Full year 2022 results: EPS: NT$8.52 (up from NT$4.65 in FY 2021). Revenue: NT$9.82b (up 28% from FY 2021). Net income: NT$1.00b (up 84% from FY 2021). Profit margin: 10% (up from 7.1% 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 20% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$127, the stock trades at a trailing P/E ratio of 16.4x. Average forward P/E is 13x in the Communications industry in Taiwan. Total returns to shareholders of 222% over the past three years.
Buying Opportunity • Mar 13Now 23% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 14%.
Buying Opportunity • Feb 22Now 22% undervaluedOver the last 90 days, the stock is up 28%. The fair value is estimated to be NT$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 14%.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$107, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$87.50, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 10x in the Communications industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$2.86 (vs NT$1.06 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.86 (up from NT$1.06 in 3Q 2021). Revenue: NT$2.54b (up 25% from 3Q 2021). Net income: NT$338.1m (up 173% from 3Q 2021). Profit margin: 13% (up from 6.1% 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 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$2.86 (vs NT$1.06 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.86 (up from NT$1.06 in 3Q 2021). Revenue: NT$2.54b (up 25% from 3Q 2021). Net income: NT$338.1m (up 173% from 3Q 2021). Profit margin: 13% (up from 6.1% 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 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$57.30, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the Communications industry in Taiwan. Total loss to shareholders of 5.6% over the past three years.
お知らせ • Sep 28Lanner Launches Carrier-grade 1U HDM-1006 NVMe Storage Blade to Expand Its HybridTCA™ Product LineupLanner announced the release of the HDM-1006, a 1U storage blade with 6x NVMe SSD trays for the HTCA-6000 series, supporting fast read/write speeds and lowlatency with NVMe drives. The HTCA-6000 series was designed with built-in scalability to meet data-intensive workloads, such as CDN (Content Delivery Networks), HCI (Hyper-Converged Infrastructure), and MEC (Multi-Access Edge Computing). The compact and scalable 1U height form factor storage blade is compatiblewith HTCA-6200, 6400, and 6600. The storage blade contains 6x NVMe SSD trays, each tray supports a maximum capacity of up to 3.2TB/18W NVMe SSD, with hot-swappable capability. Lanner's HybridTCATM platforms integrate compute, switching, storage, and management in one system and have advantages over the prevalent infrastructure in aspects of hardware design, customization options, and cost/energy efficiency.
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$78.30, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Upcoming Dividend • Aug 22Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 29 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (2.7%).
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.96 (vs NT$0.70 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.96 (up from NT$0.70 in 2Q 2021). Revenue: NT$2.34b (up 45% from 2Q 2021). Net income: NT$231.7m (up 179% from 2Q 2021). Profit margin: 9.9% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$66.50, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 12% over the past three years.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$63.60, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 20x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.
Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.95 (up from NT$0.90 in 1Q 2021). Revenue: NT$1.80b (up 4.3% from 1Q 2021). Net income: NT$111.3m (up 5.1% from 1Q 2021). Profit margin: 6.2% (up from 6.1% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Buying Opportunity • May 11Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 3.9%. The fair value is estimated to be NT$67.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 29Lanner Electronics Inc., Annual General Meeting, Jun 17, 2022Lanner Electronics Inc., Annual General Meeting, Jun 17, 2022.
Buying Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be NT$69.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4% per annum over the last 3 years.
Buying Opportunity • Feb 14Now 21% undervaluedOver the last 90 days, the stock is up 4.1%. The fair value is estimated to be NT$67.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.6% per annum over the last 3 years.
Buying Opportunity • Jan 13Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$68.07, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.6% per annum over the last 3 years.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$1.06 (vs NT$1.60 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.04b (down 5.7% from 3Q 2020). Net income: NT$123.9m (down 35% from 3Q 2020). Profit margin: 6.1% (down from 8.8% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.
お知らせ • Oct 01Lanner Electronics Inc. Accredits with ISO 26262 CertificationLanner Electronics Inc. announced that it has attained ISO 26262 certification for automotive functional safety, and reinforcing its initiative in developing edge compute platforms for autonomous driving systems. As one of the first industrial computer companies to be certified for ISO 26262, Lanner commits to bringing their AI-accelerated edge computing hardware solutions that enhance the performance of perception, prediction algorithms for autonomous driving systems. ISO 26262 is an international standard intended to ensure safety throughout the lifecycle of automotive equipment and systems, covering all the functional safety aspects of the entire development process. In 2021, over 50 Lanner product managers and engineers have received the ISO 26262 Functional Safety Certification Programme (FSCP) certification and understand the latest functional safety knowledge and best practices. Moving forward, Lanner aims to acquire IATF 16949, a technical specification on quality management system development in the automotive industry supply chain and assembly process. As Lanner continues to expand in functional safety compliance verification, the company is currently involved in offering edge computing hardware solutions for several autonomous driving projects, including traditional car vendors as factory-installed solutions, and startup companies as innovative self-driving solutions. Powered by Intel Xeon Scalable Processor, Lanner edge compute systems provide workload-optimized platforms with built-in AI acceleration, performing as the central brain for level 4 autonomous vehicles, processing the extensive amounts of data from car sensors, cameras, and LiDAR.
Upcoming Dividend • Aug 18Upcoming dividend of NT$3.33 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 30 September 2021. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.4%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.70 (vs NT$1.58 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.62b (down 7.3% from 2Q 2020). Net income: NT$83.1m (down 56% from 2Q 2020). Profit margin: 5.1% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.90 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.73b (up 12% from 1Q 2020). Net income: NT$105.9m (up 46% from 1Q 2020). Profit margin: 6.1% (up from 4.7% 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 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 05Returns On Capital At Lanner Electronics (GTSM:6245) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
お知らせ • Mar 21Lanner Electronics Inc., Annual General Meeting, Jun 18, 2021Lanner Electronics Inc., Annual General Meeting, Jun 18, 2021.
分析記事 • Mar 17Lanner Electronics Inc.'s (GTSM:6245) Stock Has Fared Decently: Is the Market Following Strong Financials?Lanner Electronics' (GTSM:6245) stock is up by 2.8% over the past week. Since the market usually pay for a company’s...
Reported Earnings • Mar 11Full year 2020 earnings released: EPS NT$5.05 (vs NT$4.18 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$7.50b (down 2.9% from FY 2019). Net income: NT$595.9m (up 21% from FY 2019). Profit margin: 7.9% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.
Is New 90 Day High Low • Mar 10New 90-day low: NT$64.50The company is down 2.0% from its price of NT$66.00 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period.
分析記事 • Feb 17Does Lanner Electronics (GTSM:6245) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Feb 02Is Lanner Electronics Inc. (GTSM:6245) An Attractive Dividend Stock?Is Lanner Electronics Inc. ( GTSM:6245 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Jan 19Shareholders Of Lanner Electronics (GTSM:6245) Must Be Happy With Their 164% Total ReturnThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Is New 90 Day High Low • Jan 04New 90-day high: NT$72.50The company is up 22% from its price of NT$59.60 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period.
分析記事 • Dec 31Here’s What’s Happening With Returns At Lanner Electronics (GTSM:6245)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 16Lanner Electronics Inc.'s (GTSM:6245) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Lanner Electronics (GTSM:6245) has had a great run on the share market with its stock up by a significant 10% over the...
分析記事 • Dec 01Is There More To The Story Than Lanner Electronics's (GTSM:6245) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.60The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.16b (up 11% from 3Q 2019). Net income: NT$189.2m (up 32% from 3Q 2019). Profit margin: 8.8% (up from 7.4% 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 16% per year whereas the company’s share price has increased by 19% per year.
Is New 90 Day High Low • Oct 24New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.80 on 24 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 1.0% over the same period.
お知らせ • Oct 03Lanner Electronics Inc. to Unveil the Ucpe and Mec Solutions At the Layer123 World Congress 2020 Virtual EventLanner Electronics Inc. announced that from 12 to 15 October, 2020, Lanner will join the Layer123 World Congress 2020 Virtual Event to unveil the 5G-ready uCPE platforms for next-gen multi-vendor SD-WAN as well as converged MEC appliances for consolidated Core network services at Edge Cloud.
お知らせ • Sep 23Lanner Electronics Inc. Certifies NCA-1515/L-1515 with 128 Technology's Session Smart Router on Verizon WirelessLanner Electronics announces that it has certified NCA-1515/L-1515 with 128 Technology's Session Smart Router on Verizon Wireless, one of the world's largest and most advanced networks. Certification to Verizon's Open Development Device Initiative (ODI) enables a product to connect to the Verizon Wireless network. Lanner has previously obtained Verizon ODI certification on the NCA-1515/L-1515 generic x86 platform and since worked closely with Verizon to enhance the certification benefits by adding sub-certifications, including application software. This extra certification ensures seamless operation of the entire white box solution on Verizon's network. Lanner hosts this program and performs the testing with their eco-system partners like 128 Technology. Lanner and 128 Technology collaborated closely to deliver the benefits of mobile connectivity in edge cloud applications, a requirement for Next-Generation 5G communications. The high-performance 128 Technology and Lanner joint solution with LTE access provides scalability and flexibility in SDN and NFV deployments with a robust and stable wireless connection.