View Future GrowthAppro Photoelectron 過去の業績過去 基準チェック /26Appro Photoelectronの収益は年間平均-74.1%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間0.2% 54.1%割合で 減少しています。 Appro Photoelectronの自己資本利益率は0.4%であり、純利益率は1.2%です。主要情報-74.07%収益成長率-74.39%EPS成長率Electronic 業界の成長14.81%収益成長率-54.13%株主資本利益率0.39%ネット・マージン1.22%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.20 in 1Q 2025). Revenue: NT$79.3m (up 77% from 1Q 2025). Net income: NT$12.0m (up 133% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by higher 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 4% per year, which means it is well ahead of earnings.Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.16 loss per share (vs NT$0.26 loss in FY 2024)Full year 2025 results: NT$0.16 loss per share (improved from NT$0.26 loss in FY 2024). Revenue: NT$172.6m (up 124% from FY 2024). Net loss: NT$4.33m (loss narrowed 35% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.35 (vs NT$0.28 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.35 (up from NT$0.28 loss in 3Q 2024). Revenue: NT$26.1m (up 7.4% from 3Q 2024). Net income: NT$9.11m (up NT$16.3m from 3Q 2024). Profit margin: 35% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.43 loss per share (vs NT$0.43 loss in 2Q 2024)Second quarter 2025 results: NT$1.43 loss per share (further deteriorated from NT$0.43 loss in 2Q 2024). Revenue: NT$39.1m (up 290% from 2Q 2024). Net loss: NT$36.9m (loss widened 233% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.089 in 1Q 2024)First quarter 2025 results: EPS: NT$0.20 (up from NT$0.089 in 1Q 2024). Revenue: NT$44.8m (up 271% from 1Q 2024). Net income: NT$5.18m (up 124% from 1Q 2024). Profit margin: 12% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 30Full year 2024 earnings released: NT$0.26 loss per share (vs NT$0.76 loss in FY 2023)Full year 2024 results: NT$0.26 loss per share (improved from NT$0.76 loss in FY 2023). Revenue: NT$77.1m (down 34% from FY 2023). Net loss: NT$6.68m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.20 in 1Q 2025). Revenue: NT$79.3m (up 77% from 1Q 2025). Net income: NT$12.0m (up 133% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by higher 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 4% per year, which means it is well ahead of earnings.New Risk • Apr 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 69% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (NT$1.22b market cap, or US$38.4m).Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.16 loss per share (vs NT$0.26 loss in FY 2024)Full year 2025 results: NT$0.16 loss per share (improved from NT$0.26 loss in FY 2024). Revenue: NT$172.6m (up 124% from FY 2024). Net loss: NT$4.33m (loss narrowed 35% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Mar 05Appro Photoelectron Inc., Annual General Meeting, May 22, 2026Appro Photoelectron Inc., Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,80, chung cheng rd., sinjhuang district, new taipei city TaiwanBoard Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Sihe Chen was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.35 (vs NT$0.28 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.35 (up from NT$0.28 loss in 3Q 2024). Revenue: NT$26.1m (up 7.4% from 3Q 2024). Net income: NT$9.11m (up NT$16.3m from 3Q 2024). Profit margin: 35% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.43 loss per share (vs NT$0.43 loss in 2Q 2024)Second quarter 2025 results: NT$1.43 loss per share (further deteriorated from NT$0.43 loss in 2Q 2024). Revenue: NT$39.1m (up 290% from 2Q 2024). Net loss: NT$36.9m (loss widened 233% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.089 in 1Q 2024)First quarter 2025 results: EPS: NT$0.20 (up from NT$0.089 in 1Q 2024). Revenue: NT$44.8m (up 271% from 1Q 2024). Net income: NT$5.18m (up 124% from 1Q 2024). Profit margin: 12% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% 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: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (NT$77m revenue, or US$2.4m). Market cap is less than US$100m (NT$811.2m market cap, or US$25.0m).Reported Earnings • Mar 30Full year 2024 earnings released: NT$0.26 loss per share (vs NT$0.76 loss in FY 2023)Full year 2024 results: NT$0.26 loss per share (improved from NT$0.76 loss in FY 2023). Revenue: NT$77.1m (down 34% from FY 2023). Net loss: NT$6.68m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.お知らせ • Mar 05Appro Photoelectron Inc., Annual General Meeting, Jun 10, 2025Appro Photoelectron Inc., Annual General Meeting, Jun 10, 2025. Location: 4 floor no,80, chung cheng rd., sinjhuang district, new taipei city TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.28 loss per share (vs NT$0.32 profit in 3Q 2023)Third quarter 2024 results: NT$0.28 loss per share (down from NT$0.32 profit in 3Q 2023). Revenue: NT$24.3m (down 37% from 3Q 2023). Net loss: NT$7.19m (down 187% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.43 loss per share (vs NT$0.057 profit in 2Q 2023)Second quarter 2024 results: NT$0.43 loss per share (down from NT$0.057 profit in 2Q 2023). Revenue: NT$10.0m (down 61% from 2Q 2023). Net loss: NT$11.1m (down NT$12.6m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.New Risk • Jun 19New 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 6.9% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 222% Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (NT$91m revenue, or US$2.8m). Market cap is less than US$100m (NT$1.07b market cap, or US$33.1m).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.09 (vs NT$0.31 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.09 (up from NT$0.31 loss in 1Q 2023). Revenue: NT$12.1m (down 68% from 1Q 2023). Net income: NT$2.31m (up NT$10.4m from 1Q 2023). Profit margin: 19% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 02Full year 2023 earnings released: NT$0.76 loss per share (vs NT$1.29 profit in FY 2022)Full year 2023 results: NT$0.76 loss per share (down from NT$1.29 profit in FY 2022). Revenue: NT$117.0m (down 68% from FY 2022). Net loss: NT$19.7m (down 159% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.お知らせ • Mar 14Appro Photoelectron Inc., Annual General Meeting, Jun 06, 2024Appro Photoelectron Inc., Annual General Meeting, Jun 06, 2024.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.32 (vs NT$0.37 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.32 (down from NT$0.37 in 3Q 2022). Revenue: NT$38.3m (down 39% from 3Q 2022). Net income: NT$8.22m (down 14% from 3Q 2022). Profit margin: 22% (up from 15% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 19 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.3%).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.39 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.06 (down from NT$0.39 in 2Q 2022). Revenue: NT$25.9m (down 68% from 2Q 2022). Net income: NT$1.47m (down 85% from 2Q 2022). Profit margin: 5.7% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$1.29 (vs NT$7.54 in FY 2021)Full year 2022 results: EPS: NT$1.29 (down from NT$7.54 in FY 2021). Revenue: NT$364.5m (down 70% from FY 2021). Net income: NT$33.3m (down 83% from FY 2021). Profit margin: 9.1% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Wen Qi Weng was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.37 (vs NT$2.47 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.37 (down from NT$2.47 in 3Q 2021). Revenue: NT$62.6m (down 84% from 3Q 2021). Net income: NT$9.51m (down 85% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.39 (vs NT$1.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.39 (down from NT$1.75 in 2Q 2021). Revenue: NT$80.8m (down 74% from 2Q 2021). Net income: NT$10.1m (down 77% from 2Q 2021). Profit margin: 13% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$34.65, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 42% over the past three years.Upcoming Dividend • Jun 30Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.6%).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$2.32 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (down from NT$2.32 in 1Q 2021). Revenue: NT$158.4m (down 43% from 1Q 2021). Net income: NT$21.7m (down 53% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Wen Qi Weng was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$9.43 (vs NT$5.43 in FY 2020)Full year 2021 results: EPS: NT$9.43 (up from NT$5.43 in FY 2020). Revenue: NT$1.23b (up 67% from FY 2020). Net income: NT$192.3m (up 77% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 60% 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 • Mar 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$80.70, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.09 (vs NT$1.92 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$381.6m (up 62% from 3Q 2020). Net income: NT$64.0m (up 66% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 20Upcoming dividend of NT$2.90 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 29 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.3%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$2.50 (vs NT$0.62 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$305.8m (up 164% from 2Q 2020). Net income: NT$44.0m (up 305% from 2Q 2020). Profit margin: 14% (up from 9.4% 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 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$2.65 (vs NT$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$279.3m (up 334% from 1Q 2020). Net income: NT$46.4m (up NT$43.2m from 1Q 2020). Profit margin: 17% (up from 5.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$95.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$126, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 182% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$6.22 (vs NT$1.71 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$737.2m (up 115% from FY 2019). Net income: NT$108.9m (up 264% from FY 2019). Profit margin: 15% (up from 8.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 17Appro Photoelectron Inc., Annual General Meeting, Jun 01, 2021Appro Photoelectron Inc., Annual General Meeting, Jun 01, 2021.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$113, the stock trades at a trailing P/E ratio of 36x, up from the previous P/E ratio of 28.8x. Average P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 164%.Is New 90 Day High Low • Mar 13New 90-day high: NT$103The company is up 2.0% from its price of NT$101 on 11 December 2020. The Taiwanese market is up 14% 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 • Mar 03Are Dividend Investors Making A Mistake With Appro Photoelectron Inc. (GTSM:6560)?Dividend paying stocks like Appro Photoelectron Inc. ( GTSM:6560 ) tend to be popular with investors, and for good...分析記事 • Feb 09Did You Miss Appro Photoelectron's (GTSM:6560) Impressive 192% Share Price Gain?When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find a...分析記事 • Jan 19Trends At Appro Photoelectron (GTSM:6560) Point To A Promising FutureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...分析記事 • Dec 31Appro Photoelectron Inc.'s (GTSM:6560) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Appro Photoelectron (GTSM:6560) has had a great run on the share market with its stock up by a significant 38% over the...分析記事 • Dec 14We're Not Counting On Appro Photoelectron (GTSM:6560) To Sustain Its Statutory ProfitabilityIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...分析記事 • Nov 24Are Dividend Investors Making A Mistake With Appro Photoelectron Inc. (GTSM:6560)?Is Appro Photoelectron Inc. (GTSM:6560) a good dividend stock? How can we tell? Dividend paying companies with growing...Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 21% share price gain to NT$99.30, the stock is trading at a trailing P/E ratio of 31.7x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 199%.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$235.6m (up 250% from 3Q 2019). Net income: NT$38.5m (up NT$34.2m from 3Q 2019). Profit margin: 16% (up from 6.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year.Valuation Update With 7 Day Price Move • Nov 07Market bids up stock over the past weekAfter last week's 24% share price gain to NT$92.50, the stock is trading at a trailing P/E ratio of 79.3x, up from the previous P/E ratio of 63.9x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 186%.Is New 90 Day High Low • Nov 04New 90-day high: NT$86.20The company is up 94% from its price of NT$44.50 on 06 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period.Valuation Update With 7 Day Price Move • Oct 26Market bids up stock over the past weekAfter last week's 18% share price gain to NT$75.00, the stock is trading at a trailing P/E ratio of 64.3x, up from the previous P/E ratio of 54.6x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 131%.収支内訳Appro Photoelectron 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:6560 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 262073355231 Dec 25173-4325130 Sep 25141-13324930 Jun 25139-30304831 Mar 25110-4294731 Dec 2477-7294730 Sep 2461-37284730 Jun 2475-22294931 Mar 2491-9274731 Dec 23117-20274630 Sep 23165-6274830 Jun 23189-5274631 Mar 232444284831 Dec 2236433305330 Sep 2256479335430 Jun 22883134366131 Mar 221,108168396631 Dec 211,229192427030 Sep 211,288211437330 Jun 211,142185437131 Mar 21952152406631 Dec 20737109355930 Sep 2049555315330 Jun 2032720284831 Mar 2035230315031 Dec 1934330324930 Sep 1935740335030 Jun 1940655324931 Mar 1940863325031 Dec 1842562304930 Sep 1837848284730 Jun 1830130274631 Mar 182056254231 Dec 17166-12254130 Sep 17169-2274330 Jun 171956304431 Mar 1720912314631 Dec 1624438324930 Sep 1626238345030 Jun 1625749325231 Mar 1625647315131 Dec 1524946315030 Sep 1524048314730 Jun 15240393445質の高い収益: 6560は 高品質の収益 を持っています。利益率の向上: 6560過去に利益を上げました。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: 6560の収益は過去 5 年間で年間74.1%減少しました。成長の加速: 6560は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 6560昨年収益を上げたため、昨年の収益成長をElectronic業界 ( -2.3% ) と比較することは困難です。株主資本利益率高いROE: 6560の 自己資本利益率 ( 0.4% ) 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2026/05/31 21:00終値2026/05/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Appro Photoelectron Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Changrong ChenCapital Securities Corporation
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.20 in 1Q 2025). Revenue: NT$79.3m (up 77% from 1Q 2025). Net income: NT$12.0m (up 133% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by higher 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 4% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.16 loss per share (vs NT$0.26 loss in FY 2024)Full year 2025 results: NT$0.16 loss per share (improved from NT$0.26 loss in FY 2024). Revenue: NT$172.6m (up 124% from FY 2024). Net loss: NT$4.33m (loss narrowed 35% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.35 (vs NT$0.28 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.35 (up from NT$0.28 loss in 3Q 2024). Revenue: NT$26.1m (up 7.4% from 3Q 2024). Net income: NT$9.11m (up NT$16.3m from 3Q 2024). Profit margin: 35% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.43 loss per share (vs NT$0.43 loss in 2Q 2024)Second quarter 2025 results: NT$1.43 loss per share (further deteriorated from NT$0.43 loss in 2Q 2024). Revenue: NT$39.1m (up 290% from 2Q 2024). Net loss: NT$36.9m (loss widened 233% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.089 in 1Q 2024)First quarter 2025 results: EPS: NT$0.20 (up from NT$0.089 in 1Q 2024). Revenue: NT$44.8m (up 271% from 1Q 2024). Net income: NT$5.18m (up 124% from 1Q 2024). Profit margin: 12% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 30Full year 2024 earnings released: NT$0.26 loss per share (vs NT$0.76 loss in FY 2023)Full year 2024 results: NT$0.26 loss per share (improved from NT$0.76 loss in FY 2023). Revenue: NT$77.1m (down 34% from FY 2023). Net loss: NT$6.68m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.20 in 1Q 2025). Revenue: NT$79.3m (up 77% from 1Q 2025). Net income: NT$12.0m (up 133% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by higher 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 4% per year, which means it is well ahead of earnings.
New Risk • Apr 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 69% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (NT$1.22b market cap, or US$38.4m).
Reported Earnings • Mar 13Full year 2025 earnings released: NT$0.16 loss per share (vs NT$0.26 loss in FY 2024)Full year 2025 results: NT$0.16 loss per share (improved from NT$0.26 loss in FY 2024). Revenue: NT$172.6m (up 124% from FY 2024). Net loss: NT$4.33m (loss narrowed 35% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Mar 05Appro Photoelectron Inc., Annual General Meeting, May 22, 2026Appro Photoelectron Inc., Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,80, chung cheng rd., sinjhuang district, new taipei city Taiwan
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Sihe Chen was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.35 (vs NT$0.28 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.35 (up from NT$0.28 loss in 3Q 2024). Revenue: NT$26.1m (up 7.4% from 3Q 2024). Net income: NT$9.11m (up NT$16.3m from 3Q 2024). Profit margin: 35% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.43 loss per share (vs NT$0.43 loss in 2Q 2024)Second quarter 2025 results: NT$1.43 loss per share (further deteriorated from NT$0.43 loss in 2Q 2024). Revenue: NT$39.1m (up 290% from 2Q 2024). Net loss: NT$36.9m (loss widened 233% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.089 in 1Q 2024)First quarter 2025 results: EPS: NT$0.20 (up from NT$0.089 in 1Q 2024). Revenue: NT$44.8m (up 271% from 1Q 2024). Net income: NT$5.18m (up 124% from 1Q 2024). Profit margin: 12% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% 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: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (NT$77m revenue, or US$2.4m). Market cap is less than US$100m (NT$811.2m market cap, or US$25.0m).
Reported Earnings • Mar 30Full year 2024 earnings released: NT$0.26 loss per share (vs NT$0.76 loss in FY 2023)Full year 2024 results: NT$0.26 loss per share (improved from NT$0.76 loss in FY 2023). Revenue: NT$77.1m (down 34% from FY 2023). Net loss: NT$6.68m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 05Appro Photoelectron Inc., Annual General Meeting, Jun 10, 2025Appro Photoelectron Inc., Annual General Meeting, Jun 10, 2025. Location: 4 floor no,80, chung cheng rd., sinjhuang district, new taipei city Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.28 loss per share (vs NT$0.32 profit in 3Q 2023)Third quarter 2024 results: NT$0.28 loss per share (down from NT$0.32 profit in 3Q 2023). Revenue: NT$24.3m (down 37% from 3Q 2023). Net loss: NT$7.19m (down 187% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.43 loss per share (vs NT$0.057 profit in 2Q 2023)Second quarter 2024 results: NT$0.43 loss per share (down from NT$0.057 profit in 2Q 2023). Revenue: NT$10.0m (down 61% from 2Q 2023). Net loss: NT$11.1m (down NT$12.6m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
New Risk • Jun 19New 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 6.9% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 222% Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (NT$91m revenue, or US$2.8m). Market cap is less than US$100m (NT$1.07b market cap, or US$33.1m).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.09 (vs NT$0.31 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.09 (up from NT$0.31 loss in 1Q 2023). Revenue: NT$12.1m (down 68% from 1Q 2023). Net income: NT$2.31m (up NT$10.4m from 1Q 2023). Profit margin: 19% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 02Full year 2023 earnings released: NT$0.76 loss per share (vs NT$1.29 profit in FY 2022)Full year 2023 results: NT$0.76 loss per share (down from NT$1.29 profit in FY 2022). Revenue: NT$117.0m (down 68% from FY 2022). Net loss: NT$19.7m (down 159% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 14Appro Photoelectron Inc., Annual General Meeting, Jun 06, 2024Appro Photoelectron Inc., Annual General Meeting, Jun 06, 2024.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.32 (vs NT$0.37 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.32 (down from NT$0.37 in 3Q 2022). Revenue: NT$38.3m (down 39% from 3Q 2022). Net income: NT$8.22m (down 14% from 3Q 2022). Profit margin: 22% (up from 15% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 19 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.3%).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.39 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.06 (down from NT$0.39 in 2Q 2022). Revenue: NT$25.9m (down 68% from 2Q 2022). Net income: NT$1.47m (down 85% from 2Q 2022). Profit margin: 5.7% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$1.29 (vs NT$7.54 in FY 2021)Full year 2022 results: EPS: NT$1.29 (down from NT$7.54 in FY 2021). Revenue: NT$364.5m (down 70% from FY 2021). Net income: NT$33.3m (down 83% from FY 2021). Profit margin: 9.1% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Wen Qi Weng was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.37 (vs NT$2.47 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.37 (down from NT$2.47 in 3Q 2021). Revenue: NT$62.6m (down 84% from 3Q 2021). Net income: NT$9.51m (down 85% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.39 (vs NT$1.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.39 (down from NT$1.75 in 2Q 2021). Revenue: NT$80.8m (down 74% from 2Q 2021). Net income: NT$10.1m (down 77% from 2Q 2021). Profit margin: 13% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$34.65, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 42% over the past three years.
Upcoming Dividend • Jun 30Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.6%).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.05 (vs NT$2.32 in 1Q 2021)First quarter 2022 results: EPS: NT$1.05 (down from NT$2.32 in 1Q 2021). Revenue: NT$158.4m (down 43% from 1Q 2021). Net income: NT$21.7m (down 53% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Wen Qi Weng was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$9.43 (vs NT$5.43 in FY 2020)Full year 2021 results: EPS: NT$9.43 (up from NT$5.43 in FY 2020). Revenue: NT$1.23b (up 67% from FY 2020). Net income: NT$192.3m (up 77% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 60% 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 • Mar 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$80.70, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.09 (vs NT$1.92 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$381.6m (up 62% from 3Q 2020). Net income: NT$64.0m (up 66% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 20Upcoming dividend of NT$2.90 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 29 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.3%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$2.50 (vs NT$0.62 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$305.8m (up 164% from 2Q 2020). Net income: NT$44.0m (up 305% from 2Q 2020). Profit margin: 14% (up from 9.4% 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 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$2.65 (vs NT$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$279.3m (up 334% from 1Q 2020). Net income: NT$46.4m (up NT$43.2m from 1Q 2020). Profit margin: 17% (up from 5.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$95.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$126, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 182% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$6.22 (vs NT$1.71 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$737.2m (up 115% from FY 2019). Net income: NT$108.9m (up 264% from FY 2019). Profit margin: 15% (up from 8.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 17Appro Photoelectron Inc., Annual General Meeting, Jun 01, 2021Appro Photoelectron Inc., Annual General Meeting, Jun 01, 2021.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$113, the stock trades at a trailing P/E ratio of 36x, up from the previous P/E ratio of 28.8x. Average P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 164%.
Is New 90 Day High Low • Mar 13New 90-day high: NT$103The company is up 2.0% from its price of NT$101 on 11 December 2020. The Taiwanese market is up 14% 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 • Mar 03Are Dividend Investors Making A Mistake With Appro Photoelectron Inc. (GTSM:6560)?Dividend paying stocks like Appro Photoelectron Inc. ( GTSM:6560 ) tend to be popular with investors, and for good...
分析記事 • Feb 09Did You Miss Appro Photoelectron's (GTSM:6560) Impressive 192% Share Price Gain?When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find a...
分析記事 • Jan 19Trends At Appro Photoelectron (GTSM:6560) Point To A Promising FutureIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
分析記事 • Dec 31Appro Photoelectron Inc.'s (GTSM:6560) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?Appro Photoelectron (GTSM:6560) has had a great run on the share market with its stock up by a significant 38% over the...
分析記事 • Dec 14We're Not Counting On Appro Photoelectron (GTSM:6560) To Sustain Its Statutory ProfitabilityIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
分析記事 • Nov 24Are Dividend Investors Making A Mistake With Appro Photoelectron Inc. (GTSM:6560)?Is Appro Photoelectron Inc. (GTSM:6560) a good dividend stock? How can we tell? Dividend paying companies with growing...
Valuation Update With 7 Day Price Move • Nov 20Market bids up stock over the past weekAfter last week's 21% share price gain to NT$99.30, the stock is trading at a trailing P/E ratio of 31.7x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 199%.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$235.6m (up 250% from 3Q 2019). Net income: NT$38.5m (up NT$34.2m from 3Q 2019). Profit margin: 16% (up from 6.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year.
Valuation Update With 7 Day Price Move • Nov 07Market bids up stock over the past weekAfter last week's 24% share price gain to NT$92.50, the stock is trading at a trailing P/E ratio of 79.3x, up from the previous P/E ratio of 63.9x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 186%.
Is New 90 Day High Low • Nov 04New 90-day high: NT$86.20The company is up 94% from its price of NT$44.50 on 06 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 26Market bids up stock over the past weekAfter last week's 18% share price gain to NT$75.00, the stock is trading at a trailing P/E ratio of 64.3x, up from the previous P/E ratio of 54.6x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 131%.