View Future GrowthInnovision FlexTech 過去の業績過去 基準チェック /06Innovision FlexTechの収益は年間平均-22.5%の割合で減少していますが、 Tech業界の収益は年間 増加しています。収益は年間4.2% 10.8%割合で 減少しています。主要情報-22.47%収益成長率-22.48%EPS成長率Tech 業界の成長14.00%収益成長率-10.80%株主資本利益率-34.65%ネット・マージン-17.29%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Apr 25Full year 2025 earnings released: NT$0.93 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$141.5m (down 7.6% from FY 2024). Net loss: NT$24.5m (loss widened 4.7% from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 27Full year 2024 earnings released: NT$0.85 loss per share (vs NT$3.23 loss in FY 2023)Full year 2024 results: NT$0.85 loss per share (improved from NT$3.23 loss in FY 2023). Revenue: NT$153.0m (down 23% from FY 2023). Net loss: NT$22.4m (loss narrowed 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 27Full year 2023 earnings released: NT$3.23 loss per share (vs NT$0.033 profit in FY 2022)Full year 2023 results: NT$3.23 loss per share (down from NT$0.033 profit in FY 2022). Revenue: NT$198.1m (down 13% from FY 2022). Net loss: NT$85.0m (down NT$85.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.03 (vs NT$0.38 in FY 2021)Full year 2022 results: EPS: NT$0.03 (down from NT$0.38 in FY 2021). Revenue: NT$228.1m (down 10% from FY 2021). Net income: NT$863.0k (down 91% from FY 2021). Profit margin: 0.4% (down from 4.0% 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 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down NT$491.0k from profit in 1H 2021). Profit margin: (down from 0.5% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 04First half 2021 earnings released: EPS NT$0.019 (vs NT$1.40 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$108.6m (up 58% from 1H 2020). Net income: NT$491.0k (up NT$37.4m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • Apr 25Full year 2025 earnings released: NT$0.93 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$141.5m (down 7.6% from FY 2024). Net loss: NT$24.5m (loss widened 4.7% from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 20Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2026Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2026. Location: 1 floor no,248-20, hsin sheng rd., cianjhen district, kaohsiung city TaiwanNew Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 7.6% per year over the past 5 years. Market cap is less than US$10m (NT$260.6m market cap, or US$8.31m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$116m revenue, or US$3.7m).Board Change • Aug 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Chairman Gary Cheng is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 7.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$12m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 7.7% per year over the past 5 years. Market cap is less than US$10m (NT$189.7m market cap, or US$6.32m). Minor Risk Revenue is less than US$5m (NT$116m revenue, or US$3.9m).Reported Earnings • Apr 27Full year 2024 earnings released: NT$0.85 loss per share (vs NT$3.23 loss in FY 2023)Full year 2024 results: NT$0.85 loss per share (improved from NT$3.23 loss in FY 2023). Revenue: NT$153.0m (down 23% from FY 2023). Net loss: NT$22.4m (loss narrowed 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.お知らせ • Apr 10Innovision FlexTech Corporation, Annual General Meeting, Jun 24, 2025Innovision FlexTech Corporation, Annual General Meeting, Jun 24, 2025, at 10:00 Taipei Standard Time. Location: 1 floor no,248-20, hsin sheng rd., cianjhen district, kaohsiung city TaiwanNew Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (NT$216.1m market cap, or US$6.56m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change).Board Change • Jan 05High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Chairman Gary Cheng is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.New Risk • Dec 31New 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 Risk Market cap is less than US$10m (NT$231.1m market cap, or US$7.05m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Reported Earnings • Mar 27Full year 2023 earnings released: NT$3.23 loss per share (vs NT$0.033 profit in FY 2022)Full year 2023 results: NT$3.23 loss per share (down from NT$0.033 profit in FY 2022). Revenue: NT$198.1m (down 13% from FY 2022). Net loss: NT$85.0m (down NT$85.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Mar 21Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2024Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2024.New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$296.5m market cap, or US$9.40m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% 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 Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$271.4m market cap, or US$8.64m).New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$264.8m market cap, or US$8.32m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.03 (vs NT$0.38 in FY 2021)Full year 2022 results: EPS: NT$0.03 (down from NT$0.38 in FY 2021). Revenue: NT$228.1m (down 10% from FY 2021). Net income: NT$863.0k (down 91% from FY 2021). Profit margin: 0.4% (down from 4.0% 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 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$11.35, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total loss to shareholders of 34% over the past three years.Buying Opportunity • Feb 06Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$12.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable.Board Change • Feb 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down NT$491.0k from profit in 1H 2021). Profit margin: (down from 0.5% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 04First half 2021 earnings released: EPS NT$0.019 (vs NT$1.40 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$108.6m (up 58% from 1H 2020). Net income: NT$491.0k (up NT$37.4m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.分析記事 • Mar 19Innovision FlexTech (GTSM:6673) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 17Full year 2020 earnings released: NT$1.90 loss per share (vs NT$3.50 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$179.3m (up 19% from FY 2019). Net loss: NT$50.1m (loss narrowed 46% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 89% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings.お知らせ • Mar 16Innovision FlexTech Corporation, Annual General Meeting, Jun 08, 2021Innovision FlexTech Corporation, Annual General Meeting, Jun 08, 2021.Is New 90 Day High Low • Mar 12New 90-day high: NT$14.85The company is up 12% from its price of NT$13.25 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 10.0% over the same period.分析記事 • Nov 30Something To Consider Before Buying Innovision FlexTech Corporation (GTSM:6673) For The 3.4% DividendCould Innovision FlexTech Corporation (GTSM:6673) be an attractive dividend share to own for the long haul? Investors...Is New 90 Day High Low • Nov 17New 90-day low: NT$11.05The company is down 41% from its price of NT$18.80 on 19 August 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 5.0% over the same period.Is New 90 Day High Low • Oct 31New 90-day low: NT$13.30The company is down 8.0% from its price of NT$14.50 on 27 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 4.0% over the same period.収支内訳Innovision FlexTech 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:6673 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 25141-2431430 Sep 25129-3132430 Jun 25116-3834531 Mar 25134-3135731 Dec 24153-2335930 Sep 24180-39351130 Jun 24208-56361431 Mar 24203-70371431 Dec 23198-85381430 Sep 23191-64381430 Jun 23184-43391331 Mar 23206-21391331 Dec 222281391330 Sep 2225413381230 Jun 2228025371231 Mar 2226718351131 Dec 2125410341130 Sep 21237-1341130 Jun 21219-13351031 Mar 21199-31341031 Dec 20179-50331030 Sep 20171-64341130 Jun 20162-78341131 Mar 20156-85411231 Dec 19151-92471430 Sep 19162-78541430 Jun 19223-35601531 Mar 1927819601531 Dec 1833372601430 Sep 1834689551430 Jun 1828169481331 Mar 1823641401131 Dec 171901333930 Sep 171631728730 Jun 171633027531 Mar 171422625531 Dec 161212324431 Dec 1540-39165質の高い収益: 6673は現在利益が出ていません。利益率の向上: 6673は現在利益が出ていません。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: 6673は利益が出ておらず、過去 5 年間で損失は年間22.5%の割合で増加しています。成長の加速: 6673の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 6673は利益が出ていないため、過去 1 年間の収益成長をTech業界 ( -3.1% ) と比較することは困難です。株主資本利益率高いROE: 6673は現在利益が出ていないため、自己資本利益率 ( -34.65% ) はマイナスです。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2026/05/08 03:35終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Innovision FlexTech 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 • Apr 25Full year 2025 earnings released: NT$0.93 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$141.5m (down 7.6% from FY 2024). Net loss: NT$24.5m (loss widened 4.7% from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 27Full year 2024 earnings released: NT$0.85 loss per share (vs NT$3.23 loss in FY 2023)Full year 2024 results: NT$0.85 loss per share (improved from NT$3.23 loss in FY 2023). Revenue: NT$153.0m (down 23% from FY 2023). Net loss: NT$22.4m (loss narrowed 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 27Full year 2023 earnings released: NT$3.23 loss per share (vs NT$0.033 profit in FY 2022)Full year 2023 results: NT$3.23 loss per share (down from NT$0.033 profit in FY 2022). Revenue: NT$198.1m (down 13% from FY 2022). Net loss: NT$85.0m (down NT$85.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.03 (vs NT$0.38 in FY 2021)Full year 2022 results: EPS: NT$0.03 (down from NT$0.38 in FY 2021). Revenue: NT$228.1m (down 10% from FY 2021). Net income: NT$863.0k (down 91% from FY 2021). Profit margin: 0.4% (down from 4.0% 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 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down NT$491.0k from profit in 1H 2021). Profit margin: (down from 0.5% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 04First half 2021 earnings released: EPS NT$0.019 (vs NT$1.40 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$108.6m (up 58% from 1H 2020). Net income: NT$491.0k (up NT$37.4m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 25Full year 2025 earnings released: NT$0.93 loss per share (vs NT$0.89 loss in FY 2024)Full year 2025 results: NT$0.93 loss per share (further deteriorated from NT$0.89 loss in FY 2024). Revenue: NT$141.5m (down 7.6% from FY 2024). Net loss: NT$24.5m (loss widened 4.7% from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 20Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2026Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2026. Location: 1 floor no,248-20, hsin sheng rd., cianjhen district, kaohsiung city Taiwan
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$12m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 7.6% per year over the past 5 years. Market cap is less than US$10m (NT$260.6m market cap, or US$8.31m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$116m revenue, or US$3.7m).
Board Change • Aug 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Chairman Gary Cheng is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 7.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$12m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 7.7% per year over the past 5 years. Market cap is less than US$10m (NT$189.7m market cap, or US$6.32m). Minor Risk Revenue is less than US$5m (NT$116m revenue, or US$3.9m).
Reported Earnings • Apr 27Full year 2024 earnings released: NT$0.85 loss per share (vs NT$3.23 loss in FY 2023)Full year 2024 results: NT$0.85 loss per share (improved from NT$3.23 loss in FY 2023). Revenue: NT$153.0m (down 23% from FY 2023). Net loss: NT$22.4m (loss narrowed 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 10Innovision FlexTech Corporation, Annual General Meeting, Jun 24, 2025Innovision FlexTech Corporation, Annual General Meeting, Jun 24, 2025, at 10:00 Taipei Standard Time. Location: 1 floor no,248-20, hsin sheng rd., cianjhen district, kaohsiung city Taiwan
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (NT$216.1m market cap, or US$6.56m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change).
Board Change • Jan 05High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Chairman Gary Cheng is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
New Risk • Dec 31New 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 Risk Market cap is less than US$10m (NT$231.1m market cap, or US$7.05m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Reported Earnings • Mar 27Full year 2023 earnings released: NT$3.23 loss per share (vs NT$0.033 profit in FY 2022)Full year 2023 results: NT$3.23 loss per share (down from NT$0.033 profit in FY 2022). Revenue: NT$198.1m (down 13% from FY 2022). Net loss: NT$85.0m (down NT$85.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 21Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2024Innovision FlexTech Corporation, Annual General Meeting, Jun 18, 2024.
New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$296.5m market cap, or US$9.40m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
New Risk • Jan 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.8% 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 Risks Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$271.4m market cap, or US$8.64m).
New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (NT$264.8m market cap, or US$8.32m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.03 (vs NT$0.38 in FY 2021)Full year 2022 results: EPS: NT$0.03 (down from NT$0.38 in FY 2021). Revenue: NT$228.1m (down 10% from FY 2021). Net income: NT$863.0k (down 91% from FY 2021). Profit margin: 0.4% (down from 4.0% 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 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$11.35, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total loss to shareholders of 34% over the past three years.
Buying Opportunity • Feb 06Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$12.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Feb 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down NT$491.0k from profit in 1H 2021). Profit margin: (down from 0.5% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 04First half 2021 earnings released: EPS NT$0.019 (vs NT$1.40 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$108.6m (up 58% from 1H 2020). Net income: NT$491.0k (up NT$37.4m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 19Innovision FlexTech (GTSM:6673) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 17Full year 2020 earnings released: NT$1.90 loss per share (vs NT$3.50 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$179.3m (up 19% from FY 2019). Net loss: NT$50.1m (loss narrowed 46% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 89% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 16Innovision FlexTech Corporation, Annual General Meeting, Jun 08, 2021Innovision FlexTech Corporation, Annual General Meeting, Jun 08, 2021.
Is New 90 Day High Low • Mar 12New 90-day high: NT$14.85The company is up 12% from its price of NT$13.25 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 10.0% over the same period.
分析記事 • Nov 30Something To Consider Before Buying Innovision FlexTech Corporation (GTSM:6673) For The 3.4% DividendCould Innovision FlexTech Corporation (GTSM:6673) be an attractive dividend share to own for the long haul? Investors...
Is New 90 Day High Low • Nov 17New 90-day low: NT$11.05The company is down 41% from its price of NT$18.80 on 19 August 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Oct 31New 90-day low: NT$13.30The company is down 8.0% from its price of NT$14.50 on 27 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 4.0% over the same period.