View Future GrowthTopview Optronics 過去の業績過去 基準チェック /26Topview Optronicsは、平均年間14.1%の収益成長を遂げていますが、 Electronic業界の収益は、年間 成長しています。収益は、平均年間2.7% 4%収益成長率で 減少しています。 Topview Optronicsの自己資本利益率は12.1%であり、純利益率は14%です。主要情報14.08%収益成長率14.08%EPS成長率Electronic 業界の成長14.81%収益成長率-4.01%株主資本利益率12.08%ネット・マージン13.99%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.79 (vs NT$8.85 in FY 2024)Full year 2025 results: EPS: NT$6.79 (down from NT$8.85 in FY 2024). Revenue: NT$1.39b (down 18% from FY 2024). Net income: NT$195.2m (down 23% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$1.84 (vs NT$1.48 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.84 (up from NT$1.48 in 3Q 2024). Revenue: NT$371.5m (down 4.6% from 3Q 2024). Net income: NT$52.8m (up 24% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.09 (vs NT$3.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.09 (down from NT$3.09 in 2Q 2024). Revenue: NT$322.7m (down 33% from 2Q 2024). Net income: NT$31.3m (down 65% from 2Q 2024). Profit margin: 9.7% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.99 (vs NT$3.01 in 1Q 2024)First quarter 2025 results: EPS: NT$1.99 (down from NT$3.01 in 1Q 2024). Revenue: NT$356.8m (down 26% from 1Q 2024). Net income: NT$57.3m (down 34% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01Topview Optronics Corporation to Report Q1, 2025 Results on May 08, 2025Topview Optronics Corporation announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.85 (vs NT$6.17 in FY 2023)Full year 2024 results: EPS: NT$8.85 (up from NT$6.17 in FY 2023). Revenue: NT$1.69b (down 12% from FY 2023). Net income: NT$254.5m (up 44% from FY 2023). Profit margin: 15% (up from 9.3% 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 9% per year whereas the company’s share price has increased by 14% per year.すべての更新を表示Recent updatesReported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.79 (vs NT$8.85 in FY 2024)Full year 2025 results: EPS: NT$6.79 (down from NT$8.85 in FY 2024). Revenue: NT$1.39b (down 18% from FY 2024). Net income: NT$195.2m (down 23% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 11Topview Optronics Corporation, Annual General Meeting, Jun 18, 2026Topview Optronics Corporation, Annual General Meeting, Jun 18, 2026. Location: b1 floor no,10, ta ch`eng rd., taoyuan district, taoyuan city TaiwanReported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$1.84 (vs NT$1.48 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.84 (up from NT$1.48 in 3Q 2024). Revenue: NT$371.5m (down 4.6% from 3Q 2024). Net income: NT$52.8m (up 24% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.09 (vs NT$3.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.09 (down from NT$3.09 in 2Q 2024). Revenue: NT$322.7m (down 33% from 2Q 2024). Net income: NT$31.3m (down 65% from 2Q 2024). Profit margin: 9.7% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$80.70, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.Upcoming Dividend • Jul 08Upcoming dividend of NT$4.20 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 11 August 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Declared Dividend • Jun 19Dividend increased to NT$4.20Dividend of NT$4.20 is 40% higher than last year. Ex-date: 15th July 2025 Payment date: 11th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.99 (vs NT$3.01 in 1Q 2024)First quarter 2025 results: EPS: NT$1.99 (down from NT$3.01 in 1Q 2024). Revenue: NT$356.8m (down 26% from 1Q 2024). Net income: NT$57.3m (down 34% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01Topview Optronics Corporation to Report Q1, 2025 Results on May 08, 2025Topview Optronics Corporation 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$68.80, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.85 (vs NT$6.17 in FY 2023)Full year 2024 results: EPS: NT$8.85 (up from NT$6.17 in FY 2023). Revenue: NT$1.69b (down 12% from FY 2023). Net income: NT$254.5m (up 44% from FY 2023). Profit margin: 15% (up from 9.3% 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 9% per year whereas the company’s share price has increased by 14% per year.お知らせ • Mar 12Topview Optronics Corporation, Annual General Meeting, Jun 16, 2025Topview Optronics Corporation, Annual General Meeting, Jun 16, 2025. Location: b1 floor no,10, ta ch`eng rd., taoyuan district, taoyuan city Taiwanお知らせ • Mar 04Topview Optronics Corporation to Report Fiscal Year 2024 Results on Mar 11, 2025Topview Optronics Corporation announced that they will report fiscal year 2024 results on Mar 11, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.48 (vs NT$1.26 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.48 (up from NT$1.26 in 3Q 2023). Revenue: NT$389.6m (down 19% from 3Q 2023). Net income: NT$42.5m (up 17% from 3Q 2023). Profit margin: 11% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 10New 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 6.3% 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 (6.3% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$82.2m).お知らせ • Oct 26Topview Optronics Corporation to Report Q3, 2024 Results on Nov 04, 2024Topview Optronics Corporation announced that they will report Q3, 2024 results on Nov 04, 2024Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$99.80, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 142% over the past three years.Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$3.09 (vs NT$2.17 in 2Q 2023)Second quarter 2024 results: EPS: NT$3.09 (up from NT$2.17 in 2Q 2023). Revenue: NT$479.9m (up 2.6% from 2Q 2023). Net income: NT$88.9m (up 43% from 2Q 2023). Profit margin: 19% (up from 13% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$120, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 182% over the past three years.お知らせ • Aug 02Topview Optronics Corporation to Report Q2, 2024 Results on Aug 09, 2024Topview Optronics Corporation announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jul 26New 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 8.6% 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 (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.82b market cap, or US$86.0m).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$102, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 152% over the past three years.New Risk • Jul 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$3.22b market cap, or US$99.1m).Upcoming Dividend • Jul 05Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).Declared Dividend • Jun 21Dividend reduced to NT$3.00Dividend of NT$3.00 is 40% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (6.7% average weekly change). Market cap is less than US$100m (NT$2.99b market cap, or US$92.3m).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.01 (vs NT$1.92 in 1Q 2023)First quarter 2024 results: EPS: NT$3.01 (up from NT$1.92 in 1Q 2023). Revenue: NT$479.0m (down 12% from 1Q 2023). Net income: NT$86.6m (up 57% from 1Q 2023). Profit margin: 18% (up from 10% 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 34% per year whereas the company’s share price has increased by 33% per year.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$96.20, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.お知らせ • Apr 28Topview Optronics Corporation to Report Q1, 2024 Results on May 03, 2024Topview Optronics Corporation announced that they will report Q1, 2024 results on May 03, 2024Buy Or Sell Opportunity • Mar 19Now 20% overvaluedOver the last 90 days, the stock has fallen 5.7% to NT$84.90. The fair value is estimated to be NT$70.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 54%.お知らせ • Mar 12+ 1 more updateTopview Optronics Corporation Appoints Hoang-Yan Lin as Member of Remuneration CommitteeTopview Optronics Corporation announced appointment of Hoang-Yan Lin as member of remuneration committee. Resume of the new position holder: Professor, Department of Electrical Engineering and Graduate Institute of Photonics and Optoelectronics, National Taiwan University. Original term: June 8, 2022 ~June 7, 2025. Effective Date of new member is March 11, 2024.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.26 (vs NT$3.16 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.26 (down from NT$3.16 in 3Q 2022). Revenue: NT$480.2m (down 17% from 3Q 2022). Net income: NT$36.2m (down 60% from 3Q 2022). Profit margin: 7.5% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (5.9% average weekly change). Market cap is less than US$100m (NT$2.57b market cap, or US$79.8m).Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$102, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 166% over the past three years.お知らせ • Aug 26Topview Optronics Corporation Appoints Micky Chou as DirectorTopview Optronics Corporation announced the appointment of Micky Chou as Director of the company. Resume of the new position holder: Chairperson of Hao Feng Investment Co. Ltd. .Effective date of the new appointment is August 25, 2023.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$2.17 (vs NT$2.25 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.17 (down from NT$2.25 in 2Q 2022). Revenue: NT$468.0m (down 13% from 2Q 2022). Net income: NT$62.4m (down 3.5% from 2Q 2022). Profit margin: 13% (up from 12% 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 58% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.New Risk • Jul 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.05b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.05b market cap, or US$98.2m).Upcoming Dividend • Jul 06Upcoming dividend of NT$5.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.2%).お知らせ • Jun 29Topview Optronics Corporation Announces Resignation of Institutional DirectorTopview Optronics Corporation announced resignation of Director-Joe Huang, General Manager of Qisda Corp. Director-Micky Chou, Chairperson of Hao Feng Investment Co. Ltd. Director-Michael Wang, Investment Senior Director of Qisda Corp.Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$9.91 (vs NT$4.46 in FY 2021)Full year 2022 results: EPS: NT$9.91 (up from NT$4.46 in FY 2021). Revenue: NT$2.25b (up 13% from FY 2021). Net income: NT$284.8m (up 122% from FY 2021). Profit margin: 13% (up from 6.4% 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 52% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$186, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 330% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 28%After last week's 28% share price gain to NT$162, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 302% over the past three years.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$116, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$110, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 170% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$131, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 220% over the past three years.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$3.16 (vs NT$1.46 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.16 (up from NT$1.46 in 3Q 2021). Revenue: NT$577.2m (up 11% from 3Q 2021). Net income: NT$90.8m (up 116% from 3Q 2021). Profit margin: 16% (up from 8.1% 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 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$87.40, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$2.25 (vs NT$1.03 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.25 (up from NT$1.03 in 2Q 2021). Revenue: NT$536.5m (up 12% from 2Q 2021). Net income: NT$64.6m (up 120% from 2Q 2021). Profit margin: 12% (up from 6.2% 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 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 07Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (5.1%).お知らせ • Jun 09+ 1 more updateTopview Optronics Corporation Appoints Chin-Ting Hsiao to Audit CommitteeTopview Optronics Corporation announced the appointment of Chin-Ting Hsiao to Audit Committee, with effect from June 8, 2022.Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$1.85 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$1.85 (up from NT$0.64 in 1Q 2021). Revenue: NT$563.2m (up 25% from 1Q 2021). Net income: NT$53.3m (up 189% from 1Q 2021). Profit margin: 9.5% (up from 4.1% in 1Q 2021). 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 whereas the company’s share price has increased by 22% per year.Reported Earnings • Mar 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$4.46 (up from NT$2.24 in FY 2020). Revenue: NT$2.00b (up 27% from FY 2020). Net income: NT$128.2m (up 100% from FY 2020). Profit margin: 6.4% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 07Topview Optronics Corporation Announces Cash Dividend for the Year 2021Topview Optronics Corporation at its board of directors meeting held on March 4, 2022, announced appropriations of earnings in cash dividends to shareholders for the year 2021 of TWD 3.2 per share. Total amount of cash dividends to shareholders of TWD 92,000,000.お知らせ • Mar 06+ 1 more updateTopview Optronics Corporation Announces Resignation of Norman Jiang as Research and Development OfficerTopview Optronics Corporation announced resignation of Norman Jiang as research and development officer of the company, with effect from March 3, 2022.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$55.80, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 149% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.46 (vs NT$0.11 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$520.6m (up 39% from 3Q 2020). Net income: NT$42.1m (up NT$38.9m from 3Q 2020). Profit margin: 8.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$477.8m (up 32% from 2Q 2020). Net income: NT$29.5m (up 98% from 2Q 2020). Profit margin: 6.2% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 19Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.9%).Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.64 (vs NT$1.26 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$451.8m (flat on 1Q 2020). Net income: NT$18.4m (down 49% from 1Q 2020). Profit margin: 4.1% (down from 8.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 07These Return Metrics Don't Make Topview Optronics (GTSM:6556) Look Too StrongIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.23 (vs NT$2.55 in FY 2019)The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: NT$1.57b (up 21% from FY 2019). Net income: NT$64.2m (flat on FY 2019). Profit margin: 4.1% (down from 4.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 20Topview Optronics Corporation, Annual General Meeting, Jun 07, 2021Topview Optronics Corporation, Annual General Meeting, Jun 07, 2021. Location: B1,No.10, Dacheng Rd. Taoyuan County 33068 Taoyuan City Taiwan Agenda: To discuss on 2020 business report; to discuss audit committee's review report; to discuss the 2020 distribution of employees & board director's remuneration; to discuss proposal for revisions of the code of ethics for directors and officers; to discuss proposal for revisions of the ethical corporate management best practice principles and repeal of the procedures for ethical management and guidelines for conduct; and to discuss proposal for revisions of the corporate governance best practice principles.分析記事 • Mar 18Is Topview Optronics Corporation's (GTSM:6556) Stock On A Downtrend As A Result Of Its Poor Financials?Topview Optronics (GTSM:6556) has had a rough three months with its share price down 2.6%. Given that stock prices are...分析記事 • Feb 24These 4 Measures Indicate That Topview Optronics (GTSM:6556) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Feb 03Does Topview Optronics Corporation (GTSM:6556) Have A Place In Your Dividend Portfolio?Is Topview Optronics Corporation ( GTSM:6556 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Jan 20New 90-day low: NT$38.50The company is down 14% from its price of NT$44.90 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.お知らせ • Jan 12+ 1 more updateTopview Optronics Corporation Announces Dismissal of April Huang as Vice ChairmanTopview Optronics Corporation announced the dismissal of April Huang as Vice Chairman.分析記事 • Jan 07How Well Is Topview Optronics (GTSM:6556) Allocating Its Capital?When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Is New 90 Day High Low • Dec 28New 90-day low: NT$42.00The company is down 6.0% from its price of NT$44.90 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period.分析記事 • Dec 15Topview Optronics Corporation's (GTSM:6556) Dismal Stock Performance Reflects Weak FundamentalsWith its stock down 3.8% over the past three months, it is easy to disregard Topview Optronics (GTSM:6556). To decide...分析記事 • Nov 24Topview Optronics (GTSM:6556) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.11The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$375.4m (up 13% from 3Q 2019). Net income: NT$3.21m (down 85% from 3Q 2019). Profit margin: 0.9% (down from 6.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 05New 90-day low: NT$43.80The company is down 6.0% from its price of NT$46.50 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period.収支内訳Topview Optronics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:6556 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Dec 251,3951951408730 Sep 251,39517815112330 Jun 251,41316815512931 Mar 251,57022516313931 Dec 241,69225517014330 Sep 241,76824116111530 Jun 241,85923516311931 Mar 241,84720915811931 Dec 231,91117715511830 Sep 232,06723016112830 Jun 232,16428516813931 Mar 232,23328717315331 Dec 222,25228518116930 Sep 222,22224718017630 Jun 222,16519817817431 Mar 222,10616317616931 Dec 211,99512816615930 Sep 211,83710019515430 Jun 211,6926115014531 Mar 211,5764614013831 Dec 201,5746414613530 Sep 201,5416611013030 Jun 201,4998414813331 Mar 201,4348715313131 Dec 191,2996414912730 Sep 191,2787015012730 Jun 191,2586115212531 Mar 191,2216215212631 Dec 181,1403215112630 Sep 181,095613913130 Jun 181,0633914413231 Mar 181,0181315913031 Dec 171,1884018413230 Sep 171,2867322813130 Jun 171,3214721013231 Mar 171,3865620613331 Dec 161,3216220513330 Sep 161,2997619512530 Jun 161,2856523012731 Mar 161,4278725413531 Dec 151,5099726714130 Sep 151,56910727315030 Jun 151,693150273152質の高い収益: 6556は 高品質の収益 を持っています。利益率の向上: 6556の現在の純利益率 (14%)は、昨年(15%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6556の収益は過去 5 年間で年間14.1%増加しました。成長の加速: 6556は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 6556は過去 1 年間で収益成長率がマイナス ( -23.3% ) となったため、 Electronic業界平均 ( -1.6% ) と比較することが困難です。株主資本利益率高いROE: 6556の 自己資本利益率 ( 12.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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2026/05/06 08:23終値2026/05/06 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Topview Optronics Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.79 (vs NT$8.85 in FY 2024)Full year 2025 results: EPS: NT$6.79 (down from NT$8.85 in FY 2024). Revenue: NT$1.39b (down 18% from FY 2024). Net income: NT$195.2m (down 23% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$1.84 (vs NT$1.48 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.84 (up from NT$1.48 in 3Q 2024). Revenue: NT$371.5m (down 4.6% from 3Q 2024). Net income: NT$52.8m (up 24% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.09 (vs NT$3.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.09 (down from NT$3.09 in 2Q 2024). Revenue: NT$322.7m (down 33% from 2Q 2024). Net income: NT$31.3m (down 65% from 2Q 2024). Profit margin: 9.7% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.99 (vs NT$3.01 in 1Q 2024)First quarter 2025 results: EPS: NT$1.99 (down from NT$3.01 in 1Q 2024). Revenue: NT$356.8m (down 26% from 1Q 2024). Net income: NT$57.3m (down 34% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01Topview Optronics Corporation to Report Q1, 2025 Results on May 08, 2025Topview Optronics Corporation announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.85 (vs NT$6.17 in FY 2023)Full year 2024 results: EPS: NT$8.85 (up from NT$6.17 in FY 2023). Revenue: NT$1.69b (down 12% from FY 2023). Net income: NT$254.5m (up 44% from FY 2023). Profit margin: 15% (up from 9.3% 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 9% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.79 (vs NT$8.85 in FY 2024)Full year 2025 results: EPS: NT$6.79 (down from NT$8.85 in FY 2024). Revenue: NT$1.39b (down 18% from FY 2024). Net income: NT$195.2m (down 23% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 11Topview Optronics Corporation, Annual General Meeting, Jun 18, 2026Topview Optronics Corporation, Annual General Meeting, Jun 18, 2026. Location: b1 floor no,10, ta ch`eng rd., taoyuan district, taoyuan city Taiwan
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$1.84 (vs NT$1.48 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.84 (up from NT$1.48 in 3Q 2024). Revenue: NT$371.5m (down 4.6% from 3Q 2024). Net income: NT$52.8m (up 24% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.09 (vs NT$3.09 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.09 (down from NT$3.09 in 2Q 2024). Revenue: NT$322.7m (down 33% from 2Q 2024). Net income: NT$31.3m (down 65% from 2Q 2024). Profit margin: 9.7% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$80.70, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Upcoming Dividend • Jul 08Upcoming dividend of NT$4.20 per shareEligible shareholders must have bought the stock before 15 July 2025. Payment date: 11 August 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Declared Dividend • Jun 19Dividend increased to NT$4.20Dividend of NT$4.20 is 40% higher than last year. Ex-date: 15th July 2025 Payment date: 11th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.99 (vs NT$3.01 in 1Q 2024)First quarter 2025 results: EPS: NT$1.99 (down from NT$3.01 in 1Q 2024). Revenue: NT$356.8m (down 26% from 1Q 2024). Net income: NT$57.3m (down 34% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01Topview Optronics Corporation to Report Q1, 2025 Results on May 08, 2025Topview Optronics Corporation 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$68.80, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$8.85 (vs NT$6.17 in FY 2023)Full year 2024 results: EPS: NT$8.85 (up from NT$6.17 in FY 2023). Revenue: NT$1.69b (down 12% from FY 2023). Net income: NT$254.5m (up 44% from FY 2023). Profit margin: 15% (up from 9.3% 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 9% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Mar 12Topview Optronics Corporation, Annual General Meeting, Jun 16, 2025Topview Optronics Corporation, Annual General Meeting, Jun 16, 2025. Location: b1 floor no,10, ta ch`eng rd., taoyuan district, taoyuan city Taiwan
お知らせ • Mar 04Topview Optronics Corporation to Report Fiscal Year 2024 Results on Mar 11, 2025Topview Optronics Corporation announced that they will report fiscal year 2024 results on Mar 11, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.48 (vs NT$1.26 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.48 (up from NT$1.26 in 3Q 2023). Revenue: NT$389.6m (down 19% from 3Q 2023). Net income: NT$42.5m (up 17% from 3Q 2023). Profit margin: 11% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 10New 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 6.3% 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 (6.3% average weekly change). Market cap is less than US$100m (NT$2.65b market cap, or US$82.2m).
お知らせ • Oct 26Topview Optronics Corporation to Report Q3, 2024 Results on Nov 04, 2024Topview Optronics Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$99.80, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 142% over the past three years.
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$3.09 (vs NT$2.17 in 2Q 2023)Second quarter 2024 results: EPS: NT$3.09 (up from NT$2.17 in 2Q 2023). Revenue: NT$479.9m (up 2.6% from 2Q 2023). Net income: NT$88.9m (up 43% from 2Q 2023). Profit margin: 19% (up from 13% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$120, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 182% over the past three years.
お知らせ • Aug 02Topview Optronics Corporation to Report Q2, 2024 Results on Aug 09, 2024Topview Optronics Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jul 26New 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 8.6% 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 (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.82b market cap, or US$86.0m).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$102, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 152% over the past three years.
New Risk • Jul 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$3.22b market cap, or US$99.1m).
Upcoming Dividend • Jul 05Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.6%).
Declared Dividend • Jun 21Dividend reduced to NT$3.00Dividend of NT$3.00 is 40% lower than last year. Ex-date: 11th July 2024 Payment date: 9th August 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (6.7% average weekly change). Market cap is less than US$100m (NT$2.99b market cap, or US$92.3m).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$3.01 (vs NT$1.92 in 1Q 2023)First quarter 2024 results: EPS: NT$3.01 (up from NT$1.92 in 1Q 2023). Revenue: NT$479.0m (down 12% from 1Q 2023). Net income: NT$86.6m (up 57% from 1Q 2023). Profit margin: 18% (up from 10% 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 34% per year whereas the company’s share price has increased by 33% per year.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$96.20, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 168% over the past three years.
お知らせ • Apr 28Topview Optronics Corporation to Report Q1, 2024 Results on May 03, 2024Topview Optronics Corporation announced that they will report Q1, 2024 results on May 03, 2024
Buy Or Sell Opportunity • Mar 19Now 20% overvaluedOver the last 90 days, the stock has fallen 5.7% to NT$84.90. The fair value is estimated to be NT$70.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 54%.
お知らせ • Mar 12+ 1 more updateTopview Optronics Corporation Appoints Hoang-Yan Lin as Member of Remuneration CommitteeTopview Optronics Corporation announced appointment of Hoang-Yan Lin as member of remuneration committee. Resume of the new position holder: Professor, Department of Electrical Engineering and Graduate Institute of Photonics and Optoelectronics, National Taiwan University. Original term: June 8, 2022 ~June 7, 2025. Effective Date of new member is March 11, 2024.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.26 (vs NT$3.16 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.26 (down from NT$3.16 in 3Q 2022). Revenue: NT$480.2m (down 17% from 3Q 2022). Net income: NT$36.2m (down 60% from 3Q 2022). Profit margin: 7.5% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (5.9% average weekly change). Market cap is less than US$100m (NT$2.57b market cap, or US$79.8m).
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$102, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 166% over the past three years.
お知らせ • Aug 26Topview Optronics Corporation Appoints Micky Chou as DirectorTopview Optronics Corporation announced the appointment of Micky Chou as Director of the company. Resume of the new position holder: Chairperson of Hao Feng Investment Co. Ltd. .Effective date of the new appointment is August 25, 2023.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$2.17 (vs NT$2.25 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.17 (down from NT$2.25 in 2Q 2022). Revenue: NT$468.0m (down 13% from 2Q 2022). Net income: NT$62.4m (down 3.5% from 2Q 2022). Profit margin: 13% (up from 12% 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 58% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.05b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.05b market cap, or US$98.2m).
Upcoming Dividend • Jul 06Upcoming dividend of NT$5.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.2%).
お知らせ • Jun 29Topview Optronics Corporation Announces Resignation of Institutional DirectorTopview Optronics Corporation announced resignation of Director-Joe Huang, General Manager of Qisda Corp. Director-Micky Chou, Chairperson of Hao Feng Investment Co. Ltd. Director-Michael Wang, Investment Senior Director of Qisda Corp.
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$9.91 (vs NT$4.46 in FY 2021)Full year 2022 results: EPS: NT$9.91 (up from NT$4.46 in FY 2021). Revenue: NT$2.25b (up 13% from FY 2021). Net income: NT$284.8m (up 122% from FY 2021). Profit margin: 13% (up from 6.4% 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 52% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$186, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 330% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 28%After last week's 28% share price gain to NT$162, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 302% over the past three years.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$116, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$110, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 170% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$131, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 220% over the past three years.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$3.16 (vs NT$1.46 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.16 (up from NT$1.46 in 3Q 2021). Revenue: NT$577.2m (up 11% from 3Q 2021). Net income: NT$90.8m (up 116% from 3Q 2021). Profit margin: 16% (up from 8.1% 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 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$87.40, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$2.25 (vs NT$1.03 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.25 (up from NT$1.03 in 2Q 2021). Revenue: NT$536.5m (up 12% from 2Q 2021). Net income: NT$64.6m (up 120% from 2Q 2021). Profit margin: 12% (up from 6.2% 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 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 07Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (5.1%).
お知らせ • Jun 09+ 1 more updateTopview Optronics Corporation Appoints Chin-Ting Hsiao to Audit CommitteeTopview Optronics Corporation announced the appointment of Chin-Ting Hsiao to Audit Committee, with effect from June 8, 2022.
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$1.85 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$1.85 (up from NT$0.64 in 1Q 2021). Revenue: NT$563.2m (up 25% from 1Q 2021). Net income: NT$53.3m (up 189% from 1Q 2021). Profit margin: 9.5% (up from 4.1% in 1Q 2021). 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 whereas the company’s share price has increased by 22% per year.
Reported Earnings • Mar 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$4.46 (up from NT$2.24 in FY 2020). Revenue: NT$2.00b (up 27% from FY 2020). Net income: NT$128.2m (up 100% from FY 2020). Profit margin: 6.4% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 07Topview Optronics Corporation Announces Cash Dividend for the Year 2021Topview Optronics Corporation at its board of directors meeting held on March 4, 2022, announced appropriations of earnings in cash dividends to shareholders for the year 2021 of TWD 3.2 per share. Total amount of cash dividends to shareholders of TWD 92,000,000.
お知らせ • Mar 06+ 1 more updateTopview Optronics Corporation Announces Resignation of Norman Jiang as Research and Development OfficerTopview Optronics Corporation announced resignation of Norman Jiang as research and development officer of the company, with effect from March 3, 2022.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$55.80, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 149% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.46 (vs NT$0.11 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$520.6m (up 39% from 3Q 2020). Net income: NT$42.1m (up NT$38.9m from 3Q 2020). Profit margin: 8.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$477.8m (up 32% from 2Q 2020). Net income: NT$29.5m (up 98% from 2Q 2020). Profit margin: 6.2% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 19Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.9%).
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.64 (vs NT$1.26 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$451.8m (flat on 1Q 2020). Net income: NT$18.4m (down 49% from 1Q 2020). Profit margin: 4.1% (down from 8.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 07These Return Metrics Don't Make Topview Optronics (GTSM:6556) Look Too StrongIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$2.23 (vs NT$2.55 in FY 2019)The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: NT$1.57b (up 21% from FY 2019). Net income: NT$64.2m (flat on FY 2019). Profit margin: 4.1% (down from 4.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 20Topview Optronics Corporation, Annual General Meeting, Jun 07, 2021Topview Optronics Corporation, Annual General Meeting, Jun 07, 2021. Location: B1,No.10, Dacheng Rd. Taoyuan County 33068 Taoyuan City Taiwan Agenda: To discuss on 2020 business report; to discuss audit committee's review report; to discuss the 2020 distribution of employees & board director's remuneration; to discuss proposal for revisions of the code of ethics for directors and officers; to discuss proposal for revisions of the ethical corporate management best practice principles and repeal of the procedures for ethical management and guidelines for conduct; and to discuss proposal for revisions of the corporate governance best practice principles.
分析記事 • Mar 18Is Topview Optronics Corporation's (GTSM:6556) Stock On A Downtrend As A Result Of Its Poor Financials?Topview Optronics (GTSM:6556) has had a rough three months with its share price down 2.6%. Given that stock prices are...
分析記事 • Feb 24These 4 Measures Indicate That Topview Optronics (GTSM:6556) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Feb 03Does Topview Optronics Corporation (GTSM:6556) Have A Place In Your Dividend Portfolio?Is Topview Optronics Corporation ( GTSM:6556 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Jan 20New 90-day low: NT$38.50The company is down 14% from its price of NT$44.90 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
お知らせ • Jan 12+ 1 more updateTopview Optronics Corporation Announces Dismissal of April Huang as Vice ChairmanTopview Optronics Corporation announced the dismissal of April Huang as Vice Chairman.
分析記事 • Jan 07How Well Is Topview Optronics (GTSM:6556) Allocating Its Capital?When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Is New 90 Day High Low • Dec 28New 90-day low: NT$42.00The company is down 6.0% from its price of NT$44.90 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period.
分析記事 • Dec 15Topview Optronics Corporation's (GTSM:6556) Dismal Stock Performance Reflects Weak FundamentalsWith its stock down 3.8% over the past three months, it is easy to disregard Topview Optronics (GTSM:6556). To decide...
分析記事 • Nov 24Topview Optronics (GTSM:6556) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.11The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$375.4m (up 13% from 3Q 2019). Net income: NT$3.21m (down 85% from 3Q 2019). Profit margin: 0.9% (down from 6.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 05New 90-day low: NT$43.80The company is down 6.0% from its price of NT$46.50 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period.