View Financial HealthTop Union Electronics 配当と自社株買い配当金 基準チェック /46Top Union Electronics配当を支払う会社であり、現在の利回りは6.37%で、収益によって十分にカバーされています。主要情報6.4%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長11.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向89%最近の配当と自社株買いの更新Upcoming Dividend • Jun 12Upcoming dividend of NT$1.79 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).Declared Dividend • May 25Dividend of NT$1.79 announcedShareholders will receive a dividend of NT$1.79. Ex-date: 19th June 2025 Payment date: 25th July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 28Top Union Electronics Corp. Approves Cash Dividend for the Year 2024The board of director of Top Union Electronics Corp. on February 27, 2025, approved dividend distribution. Appropriations of earnings in cash dividends to shareholders: TWD 1.785 per share for the year 2024. Total amount of cash dividends to shareholders: TWD 258,837,195. Period which dividends belong to: January 1, 2024 to December 31, 2024.Upcoming Dividend • Jun 13Upcoming dividend of NT$1.47 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 25 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.8%).Declared Dividend • May 26Dividend of NT$1.47 announcedShareholders will receive a dividend of NT$1.47. Ex-date: 20th June 2024 Payment date: 25th July 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 23% 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 decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years.お知らせ • May 25Top Union Electronics Corp. Approves Cash Dividend for 2023, Payable on July 25, 2024Top Union Electronics Corp. announced at the AGM held on May 24,2024, approved cash dividend of TWD 1.47 per share for 2023. Ex-rights (Ex-dividend) date is June 20, 2024. Ex-rights (Ex-dividend) record date is June 26, 2024. Payment date of cash dividend distribution is July 25, 2024.すべての更新を表示Recent updatesReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.00 (vs NT$2.48 in FY 2024)Full year 2025 results: EPS: NT$2.00 (down from NT$2.48 in FY 2024). Revenue: NT$3.40b (up 4.0% from FY 2024). Net income: NT$307.5m (down 19% from FY 2024). Profit margin: 9.0% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.Board Change • Mar 08Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Chang-Mou Yang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 06Top Union Electronics Corp., Annual General Meeting, May 22, 2026Top Union Electronics Corp., Annual General Meeting, May 22, 2026. Location: no,480, niu p`u e. rd., hsinchu city TaiwanReported Earnings • Nov 04Third quarter 2025 earnings released: EPS: NT$0.50 (vs NT$0.54 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.50 (down from NT$0.54 in 3Q 2024). Revenue: NT$908.2m (up 10.0% from 3Q 2024). Net income: NT$76.7m (down 7.3% from 3Q 2024). Profit margin: 8.4% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Oct 27Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$30.20. The fair value is estimated to be NT$37.76, 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 4.8%.Buy Or Sell Opportunity • Sep 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to NT$31.30. The fair value is estimated to be NT$39.16, 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 4.8%.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.38 (vs NT$0.71 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.38 (down from NT$0.71 in 2Q 2024). Revenue: NT$853.7m (up 1.5% from 2Q 2024). Net income: NT$58.3m (down 47% from 2Q 2024). Profit margin: 6.8% (down from 13% 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 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 12Upcoming dividend of NT$1.79 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).Declared Dividend • May 25Dividend of NT$1.79 announcedShareholders will receive a dividend of NT$1.79. Ex-date: 19th June 2025 Payment date: 25th July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • May 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.7% to NT$33.10. The fair value is estimated to be NT$27.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 9.5%.Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.61 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$0.61 (up from NT$0.58 in 1Q 2024). Revenue: NT$778.1m (up 2.2% from 1Q 2024). Net income: NT$88.3m (up 5.4% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 17Top Union Electronics Corp. to Report Q1, 2025 Results on Apr 24, 2025Top Union Electronics Corp. announced that they will report Q1, 2025 results on Apr 24, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$29.00, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.Reported Earnings • Mar 04Full year 2024 earnings released: EPS: NT$2.62 (vs NT$2.05 in FY 2023)Full year 2024 results: EPS: NT$2.62 (up from NT$2.05 in FY 2023). Revenue: NT$3.27b (down 11% from FY 2023). Net income: NT$380.6m (up 28% from FY 2023). Profit margin: 12% (up from 8.1% in FY 2023). The increase in margin was driven by lower 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 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 03Top Union Electronics Corp., Annual General Meeting, May 23, 2025Top Union Electronics Corp., Annual General Meeting, May 23, 2025. Location: no,480, niu p`u e. rd., hsinchu city Taiwanお知らせ • Feb 28Top Union Electronics Corp. Approves Cash Dividend for the Year 2024The board of director of Top Union Electronics Corp. on February 27, 2025, approved dividend distribution. Appropriations of earnings in cash dividends to shareholders: TWD 1.785 per share for the year 2024. Total amount of cash dividends to shareholders: TWD 258,837,195. Period which dividends belong to: January 1, 2024 to December 31, 2024.お知らせ • Feb 20Top Union Electronics Corp. to Report Fiscal Year 2024 Results on Feb 27, 2025Top Union Electronics Corp. announced that they will report fiscal year 2024 results on Feb 27, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.55 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.55 in 3Q 2023). Revenue: NT$826.0m (down 2.3% from 3Q 2023). Net income: NT$82.7m (up 4.5% from 3Q 2023). Profit margin: 10.0% (in line with 3Q 2023). 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 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 24Top Union Electronics Corp. to Report Q3, 2024 Results on Oct 31, 2024Top Union Electronics Corp. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.75 (vs NT$0.66 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.75 (up from NT$0.66 in 2Q 2023). Revenue: NT$841.0m (down 19% from 2Q 2023). Net income: NT$109.2m (up 14% from 2Q 2023). Profit margin: 13% (up from 9.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.お知らせ • Aug 02Top Union Electronics Corp. to Report Q2, 2024 Results on Aug 08, 2024Top Union Electronics Corp. announced that they will report Q2, 2024 results on Aug 08, 2024Upcoming Dividend • Jun 13Upcoming dividend of NT$1.47 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 25 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.8%).Declared Dividend • May 26Dividend of NT$1.47 announcedShareholders will receive a dividend of NT$1.47. Ex-date: 20th June 2024 Payment date: 25th July 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 23% 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 decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years.お知らせ • May 25Top Union Electronics Corp. Approves Cash Dividend for 2023, Payable on July 25, 2024Top Union Electronics Corp. announced at the AGM held on May 24,2024, approved cash dividend of TWD 1.47 per share for 2023. Ex-rights (Ex-dividend) date is June 20, 2024. Ex-rights (Ex-dividend) record date is June 26, 2024. Payment date of cash dividend distribution is July 25, 2024.Reported Earnings • May 04First quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.67 in 1Q 2023)First quarter 2024 results: EPS: NT$0.61 (down from NT$0.67 in 1Q 2023). Revenue: NT$761.5m (down 27% from 1Q 2023). Net income: NT$83.7m (down 9.4% from 1Q 2023). Profit margin: 11% (up from 8.8% 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 30% per year whereas the company’s share price has increased by 27% per year.お知らせ • Apr 20Top Union Electronics Corp. to Report Q1, 2024 Results on Apr 25, 2024Top Union Electronics Corp. announced that they will report Q1, 2024 results on Apr 25, 2024Reported Earnings • Mar 06Full year 2023 earnings released: EPS: NT$2.15 (vs NT$2.68 in FY 2022)Full year 2023 results: EPS: NT$2.15 (down from NT$2.68 in FY 2022). Revenue: NT$3.66b (up 11% from FY 2022). Net income: NT$296.7m (down 9.9% from FY 2022). Profit margin: 8.1% (down from 10.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 01+ 1 more updateTop Union Electronics Corp., Annual General Meeting, May 24, 2024Top Union Electronics Corp., Annual General Meeting, May 24, 2024. Location: No. 480, Nioupu E.Rd.,Hsinchu,Taiwan Hsinchu Taiwan Agenda: To report on the distribution of remuneration for employees and directors in 2023; to consider 2023 annual business report; to consider 2023 annual audit committee inspection report; to consider 2023 annual report on surplus distribution and cash dividends; to consider the company's 2023 annual business report and financial statements; to consider the company's 2023 year profit distribution case; to consider discussed the 2023 year surplus transfer to increase capital and issue new shares; to consider discussion of the amendments to the company endorsement and guarantee procedures; and to consider other issues.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.70 (vs NT$0.72 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.70. Revenue: NT$1.04b (up 36% from 2Q 2022). Net income: NT$96.2m (up 9.4% from 2Q 2022). Profit margin: 9.2% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$36.50, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 170% over the past three years.Upcoming Dividend • Jun 13Upcoming dividend of NT$1.20 per share at 2.7% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.3%).お知らせ • May 20Top Union Electronics Corp. Approves to Distribute a Cash DividendTop Union Electronics Corp. at its shareholders' meeting held on May 19, 2023, approved to distribute a cash dividend of TWD 1.2 per share.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$41.25, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 188% over the past three years.Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$3.29b (up 29% from FY 2021). Net income: NT$329.4m (up 103% from FY 2021). Profit margin: 10.0% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.05, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 102% over the past three years.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. No experienced directors. 10 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Qing He Li was the last independent director to join the board, commencing their role in 2014. 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$0.91 (vs NT$0.36 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.91 (up from NT$0.36 in 3Q 2021). Revenue: NT$909.0m (up 38% from 3Q 2021). Net income: NT$99.5m (up 151% from 3Q 2021). Profit margin: 11% (up from 6.0% 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 10% per year whereas the company’s share price has increased by 9% per year.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.80 (vs NT$0.30 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.80 (up from NT$0.30 in 2Q 2021). Revenue: NT$765.4m (up 21% from 2Q 2021). Net income: NT$88.0m (up 163% from 2Q 2021). Profit margin: 12% (up from 5.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$22.15, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 16% over the past three years.Upcoming Dividend • Jun 13Upcoming dividend of NT$0.69 per shareEligible shareholders must have bought the stock before 20 June 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (4.2%).Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.36 in 1Q 2021)First quarter 2022 results: EPS: NT$0.60 (up from NT$0.36 in 1Q 2021). Revenue: NT$696.3m (up 23% from 1Q 2021). Net income: NT$61.0m (up 64% from 1Q 2021). Profit margin: 8.8% (up from 6.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Qing He Li was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.59 (up from NT$1.43 in FY 2020). Revenue: NT$2.55b (up 15% from FY 2020). Net income: NT$162.5m (up 11% from FY 2020). Profit margin: 6.4% (down from 6.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. 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 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 06Top Union Electronics Corp., Annual General Meeting, May 20, 2022Top Union Electronics Corp., Annual General Meeting, May 20, 2022.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.65, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$23.45, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 40% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.34 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$660.3m (up 9.2% from 3Q 2020). Net income: NT$39.7m (up 15% from 3Q 2020). Profit margin: 6.0% (up from 5.7% in 3Q 2020). The increase in margin was driven by higher revenue. 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 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.38 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$631.8m (up 84% from 2Q 2020). Net income: NT$33.4m (down 14% from 2Q 2020). Profit margin: 5.3% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 09Upcoming dividend of NT$1.04 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 30 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Director Overboarding • Aug 04Director Yung-Shun Chuang has joined 7th company boardIndependent Director Yung-Shun Chuang has been appointed to the board of Taiflex Scientific Co., Ltd. (TWSE:8039). Chuang now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Onyx Healthcare Inc. (TPEX:6569), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.51 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$564.6m (down 22% from 1Q 2020). Net income: NT$37.1m (down 26% from 1Q 2020). Profit margin: 6.6% (down from 6.9% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.分析記事 • Apr 05The Returns At Top Union Electronics (GTSM:6266) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$1.48 (vs NT$1.76 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: NT$2.21b (down 28% from FY 2019). Net income: NT$146.2m (down 16% from FY 2019). Profit margin: 6.6% (up from 5.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.分析記事 • Mar 17Here's Why Top Union Electronics (GTSM:6266) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • Mar 04Top Union Electronics Corp., Annual General Meeting, May 27, 2021Top Union Electronics Corp., Annual General Meeting, May 27, 2021.Is New 90 Day High Low • Feb 27New 90-day high: NT$20.50The company is up 6.0% from its price of NT$19.40 on 27 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period.分析記事 • Feb 26Is Top Union Electronics Corp.'s(GTSM:6266) Recent Stock Performance Tethered To Its Strong Fundamentals?Most readers would already be aware that Top Union Electronics' (GTSM:6266) stock increased significantly by 5.2% over...分析記事 • Feb 08Is Top Union Electronics Corp. (GTSM:6266) A Great Dividend Stock?Is Top Union Electronics Corp. ( GTSM:6266 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Jan 19Did You Participate In Any Of Top Union Electronics' (GTSM:6266) Fantastic 136% Return ?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...分析記事 • Jan 01Is Top Union Electronics (GTSM:6266) A Future Multi-bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Is New 90 Day High Low • Dec 21New 90-day high: NT$20.30The company is up 7.0% from its price of NT$19.05 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.分析記事 • Dec 15Top Union Electronics (GTSM:6266) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Nov 26Is Top Union Electronics Corp.'s (GTSM:6266) Stock's Recent Performance A Reflection Of Its Financial Health?Most readers would already know that Top Union Electronics' (GTSM:6266) stock increased by 3.2% over the past month...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.35The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$604.8m (down 28% from 3Q 2019). Net income: NT$34.6m (down 30% from 3Q 2019). Profit margin: 5.7% (down from 5.9% 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 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.決済の安定と成長配当データの取得安定した配当: 6266の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 6266の配当金は過去10年間にわたって増加しています。配当利回り対市場Top Union Electronics 配当利回り対市場6266 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6266)6.4%市場下位25% (TW)1.5%市場トップ25% (TW)5.0%業界平均 (Electronic)1.4%アナリスト予想 (6266) (最長3年)n/a注目すべき配当: 6266の配当金 ( 6.37% ) はTW市場の配当金支払者の下位 25% ( 1.48% ) よりも高くなっています。高配当: 6266の配当金 ( 6.37% ) はTW市場 ( 5% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 現在の配当性向（ 89.1% ）では、 6266の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 6266は高い 現金配当性向 ( 137.9% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/05/08 20:45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Top Union Electronics Corp. 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。1 アナリスト機関Toshihiro KatahiroMarusan Securities Co. Ltd.
Upcoming Dividend • Jun 12Upcoming dividend of NT$1.79 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).
Declared Dividend • May 25Dividend of NT$1.79 announcedShareholders will receive a dividend of NT$1.79. Ex-date: 19th June 2025 Payment date: 25th July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 28Top Union Electronics Corp. Approves Cash Dividend for the Year 2024The board of director of Top Union Electronics Corp. on February 27, 2025, approved dividend distribution. Appropriations of earnings in cash dividends to shareholders: TWD 1.785 per share for the year 2024. Total amount of cash dividends to shareholders: TWD 258,837,195. Period which dividends belong to: January 1, 2024 to December 31, 2024.
Upcoming Dividend • Jun 13Upcoming dividend of NT$1.47 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 25 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.8%).
Declared Dividend • May 26Dividend of NT$1.47 announcedShareholders will receive a dividend of NT$1.47. Ex-date: 20th June 2024 Payment date: 25th July 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 23% 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 decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years.
お知らせ • May 25Top Union Electronics Corp. Approves Cash Dividend for 2023, Payable on July 25, 2024Top Union Electronics Corp. announced at the AGM held on May 24,2024, approved cash dividend of TWD 1.47 per share for 2023. Ex-rights (Ex-dividend) date is June 20, 2024. Ex-rights (Ex-dividend) record date is June 26, 2024. Payment date of cash dividend distribution is July 25, 2024.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.00 (vs NT$2.48 in FY 2024)Full year 2025 results: EPS: NT$2.00 (down from NT$2.48 in FY 2024). Revenue: NT$3.40b (up 4.0% from FY 2024). Net income: NT$307.5m (down 19% from FY 2024). Profit margin: 9.0% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
Board Change • Mar 08Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Chang-Mou Yang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 06Top Union Electronics Corp., Annual General Meeting, May 22, 2026Top Union Electronics Corp., Annual General Meeting, May 22, 2026. Location: no,480, niu p`u e. rd., hsinchu city Taiwan
Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: NT$0.50 (vs NT$0.54 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.50 (down from NT$0.54 in 3Q 2024). Revenue: NT$908.2m (up 10.0% from 3Q 2024). Net income: NT$76.7m (down 7.3% from 3Q 2024). Profit margin: 8.4% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Oct 27Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$30.20. The fair value is estimated to be NT$37.76, 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 4.8%.
Buy Or Sell Opportunity • Sep 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to NT$31.30. The fair value is estimated to be NT$39.16, 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 4.8%.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.38 (vs NT$0.71 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.38 (down from NT$0.71 in 2Q 2024). Revenue: NT$853.7m (up 1.5% from 2Q 2024). Net income: NT$58.3m (down 47% from 2Q 2024). Profit margin: 6.8% (down from 13% 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 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 12Upcoming dividend of NT$1.79 per shareEligible shareholders must have bought the stock before 19 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.3%).
Declared Dividend • May 25Dividend of NT$1.79 announcedShareholders will receive a dividend of NT$1.79. Ex-date: 19th June 2025 Payment date: 25th July 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • May 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.7% to NT$33.10. The fair value is estimated to be NT$27.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 9.5%.
Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.61 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$0.61 (up from NT$0.58 in 1Q 2024). Revenue: NT$778.1m (up 2.2% from 1Q 2024). Net income: NT$88.3m (up 5.4% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 17Top Union Electronics Corp. to Report Q1, 2025 Results on Apr 24, 2025Top Union Electronics Corp. announced that they will report Q1, 2025 results on Apr 24, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$29.00, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.
Reported Earnings • Mar 04Full year 2024 earnings released: EPS: NT$2.62 (vs NT$2.05 in FY 2023)Full year 2024 results: EPS: NT$2.62 (up from NT$2.05 in FY 2023). Revenue: NT$3.27b (down 11% from FY 2023). Net income: NT$380.6m (up 28% from FY 2023). Profit margin: 12% (up from 8.1% in FY 2023). The increase in margin was driven by lower 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 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 03Top Union Electronics Corp., Annual General Meeting, May 23, 2025Top Union Electronics Corp., Annual General Meeting, May 23, 2025. Location: no,480, niu p`u e. rd., hsinchu city Taiwan
お知らせ • Feb 28Top Union Electronics Corp. Approves Cash Dividend for the Year 2024The board of director of Top Union Electronics Corp. on February 27, 2025, approved dividend distribution. Appropriations of earnings in cash dividends to shareholders: TWD 1.785 per share for the year 2024. Total amount of cash dividends to shareholders: TWD 258,837,195. Period which dividends belong to: January 1, 2024 to December 31, 2024.
お知らせ • Feb 20Top Union Electronics Corp. to Report Fiscal Year 2024 Results on Feb 27, 2025Top Union Electronics Corp. announced that they will report fiscal year 2024 results on Feb 27, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.55 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.55 in 3Q 2023). Revenue: NT$826.0m (down 2.3% from 3Q 2023). Net income: NT$82.7m (up 4.5% from 3Q 2023). Profit margin: 10.0% (in line with 3Q 2023). 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 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 24Top Union Electronics Corp. to Report Q3, 2024 Results on Oct 31, 2024Top Union Electronics Corp. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.75 (vs NT$0.66 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.75 (up from NT$0.66 in 2Q 2023). Revenue: NT$841.0m (down 19% from 2Q 2023). Net income: NT$109.2m (up 14% from 2Q 2023). Profit margin: 13% (up from 9.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.
お知らせ • Aug 02Top Union Electronics Corp. to Report Q2, 2024 Results on Aug 08, 2024Top Union Electronics Corp. announced that they will report Q2, 2024 results on Aug 08, 2024
Upcoming Dividend • Jun 13Upcoming dividend of NT$1.47 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 25 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.8%).
Declared Dividend • May 26Dividend of NT$1.47 announcedShareholders will receive a dividend of NT$1.47. Ex-date: 20th June 2024 Payment date: 25th July 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 23% 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 decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.5% EPS decline seen over the last 5 years.
お知らせ • May 25Top Union Electronics Corp. Approves Cash Dividend for 2023, Payable on July 25, 2024Top Union Electronics Corp. announced at the AGM held on May 24,2024, approved cash dividend of TWD 1.47 per share for 2023. Ex-rights (Ex-dividend) date is June 20, 2024. Ex-rights (Ex-dividend) record date is June 26, 2024. Payment date of cash dividend distribution is July 25, 2024.
Reported Earnings • May 04First quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.67 in 1Q 2023)First quarter 2024 results: EPS: NT$0.61 (down from NT$0.67 in 1Q 2023). Revenue: NT$761.5m (down 27% from 1Q 2023). Net income: NT$83.7m (down 9.4% from 1Q 2023). Profit margin: 11% (up from 8.8% 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 30% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Apr 20Top Union Electronics Corp. to Report Q1, 2024 Results on Apr 25, 2024Top Union Electronics Corp. announced that they will report Q1, 2024 results on Apr 25, 2024
Reported Earnings • Mar 06Full year 2023 earnings released: EPS: NT$2.15 (vs NT$2.68 in FY 2022)Full year 2023 results: EPS: NT$2.15 (down from NT$2.68 in FY 2022). Revenue: NT$3.66b (up 11% from FY 2022). Net income: NT$296.7m (down 9.9% from FY 2022). Profit margin: 8.1% (down from 10.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 01+ 1 more updateTop Union Electronics Corp., Annual General Meeting, May 24, 2024Top Union Electronics Corp., Annual General Meeting, May 24, 2024. Location: No. 480, Nioupu E.Rd.,Hsinchu,Taiwan Hsinchu Taiwan Agenda: To report on the distribution of remuneration for employees and directors in 2023; to consider 2023 annual business report; to consider 2023 annual audit committee inspection report; to consider 2023 annual report on surplus distribution and cash dividends; to consider the company's 2023 annual business report and financial statements; to consider the company's 2023 year profit distribution case; to consider discussed the 2023 year surplus transfer to increase capital and issue new shares; to consider discussion of the amendments to the company endorsement and guarantee procedures; and to consider other issues.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.70 (vs NT$0.72 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.70. Revenue: NT$1.04b (up 36% from 2Q 2022). Net income: NT$96.2m (up 9.4% from 2Q 2022). Profit margin: 9.2% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$36.50, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 170% over the past three years.
Upcoming Dividend • Jun 13Upcoming dividend of NT$1.20 per share at 2.7% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.3%).
お知らせ • May 20Top Union Electronics Corp. Approves to Distribute a Cash DividendTop Union Electronics Corp. at its shareholders' meeting held on May 19, 2023, approved to distribute a cash dividend of TWD 1.2 per share.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$41.25, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 188% over the past three years.
Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$3.29b (up 29% from FY 2021). Net income: NT$329.4m (up 103% from FY 2021). Profit margin: 10.0% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.05, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 102% over the past three years.
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. No experienced directors. 10 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Qing He Li was the last independent director to join the board, commencing their role in 2014. 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$0.91 (vs NT$0.36 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.91 (up from NT$0.36 in 3Q 2021). Revenue: NT$909.0m (up 38% from 3Q 2021). Net income: NT$99.5m (up 151% from 3Q 2021). Profit margin: 11% (up from 6.0% 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 10% per year whereas the company’s share price has increased by 9% per year.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.80 (vs NT$0.30 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.80 (up from NT$0.30 in 2Q 2021). Revenue: NT$765.4m (up 21% from 2Q 2021). Net income: NT$88.0m (up 163% from 2Q 2021). Profit margin: 12% (up from 5.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$22.15, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Upcoming Dividend • Jun 13Upcoming dividend of NT$0.69 per shareEligible shareholders must have bought the stock before 20 June 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (4.2%).
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.36 in 1Q 2021)First quarter 2022 results: EPS: NT$0.60 (up from NT$0.36 in 1Q 2021). Revenue: NT$696.3m (up 23% from 1Q 2021). Net income: NT$61.0m (up 64% from 1Q 2021). Profit margin: 8.8% (up from 6.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Qing He Li was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.59 (up from NT$1.43 in FY 2020). Revenue: NT$2.55b (up 15% from FY 2020). Net income: NT$162.5m (up 11% from FY 2020). Profit margin: 6.4% (down from 6.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. 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 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 06Top Union Electronics Corp., Annual General Meeting, May 20, 2022Top Union Electronics Corp., Annual General Meeting, May 20, 2022.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.65, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$23.45, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 40% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.34 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$660.3m (up 9.2% from 3Q 2020). Net income: NT$39.7m (up 15% from 3Q 2020). Profit margin: 6.0% (up from 5.7% in 3Q 2020). The increase in margin was driven by higher revenue. 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 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.38 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$631.8m (up 84% from 2Q 2020). Net income: NT$33.4m (down 14% from 2Q 2020). Profit margin: 5.3% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 09Upcoming dividend of NT$1.04 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 30 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Director Overboarding • Aug 04Director Yung-Shun Chuang has joined 7th company boardIndependent Director Yung-Shun Chuang has been appointed to the board of Taiflex Scientific Co., Ltd. (TWSE:8039). Chuang now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Onyx Healthcare Inc. (TPEX:6569), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.51 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$564.6m (down 22% from 1Q 2020). Net income: NT$37.1m (down 26% from 1Q 2020). Profit margin: 6.6% (down from 6.9% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
分析記事 • Apr 05The Returns At Top Union Electronics (GTSM:6266) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$1.48 (vs NT$1.76 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: NT$2.21b (down 28% from FY 2019). Net income: NT$146.2m (down 16% from FY 2019). Profit margin: 6.6% (up from 5.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
分析記事 • Mar 17Here's Why Top Union Electronics (GTSM:6266) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • Mar 04Top Union Electronics Corp., Annual General Meeting, May 27, 2021Top Union Electronics Corp., Annual General Meeting, May 27, 2021.
Is New 90 Day High Low • Feb 27New 90-day high: NT$20.50The company is up 6.0% from its price of NT$19.40 on 27 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period.
分析記事 • Feb 26Is Top Union Electronics Corp.'s(GTSM:6266) Recent Stock Performance Tethered To Its Strong Fundamentals?Most readers would already be aware that Top Union Electronics' (GTSM:6266) stock increased significantly by 5.2% over...
分析記事 • Feb 08Is Top Union Electronics Corp. (GTSM:6266) A Great Dividend Stock?Is Top Union Electronics Corp. ( GTSM:6266 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Jan 19Did You Participate In Any Of Top Union Electronics' (GTSM:6266) Fantastic 136% Return ?When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
分析記事 • Jan 01Is Top Union Electronics (GTSM:6266) A Future Multi-bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Is New 90 Day High Low • Dec 21New 90-day high: NT$20.30The company is up 7.0% from its price of NT$19.05 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.
分析記事 • Dec 15Top Union Electronics (GTSM:6266) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Nov 26Is Top Union Electronics Corp.'s (GTSM:6266) Stock's Recent Performance A Reflection Of Its Financial Health?Most readers would already know that Top Union Electronics' (GTSM:6266) stock increased by 3.2% over the past month...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.35The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$604.8m (down 28% from 3Q 2019). Net income: NT$34.6m (down 30% from 3Q 2019). Profit margin: 5.7% (down from 5.9% 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 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.