View Future GrowthT-Conn Precision 過去の業績過去 基準チェック /06T-Conn Precisionの収益は年間平均-41.9%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0.4% 10.5%割合で 減少しています。主要情報-41.85%収益成長率-41.67%EPS成長率Electronic 業界の成長14.81%収益成長率-10.50%株主資本利益率-41.91%ネット・マージン-11.86%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Apr 26Full year 2025 earnings released: NT$2.09 loss per share (vs NT$0.45 loss in FY 2024)Full year 2025 results: NT$2.09 loss per share (further deteriorated from NT$0.45 loss in FY 2024). Revenue: NT$881.5m (down 2.2% from FY 2024). Net loss: NT$104.6m (loss widened 365% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Reported Earnings • May 01Full year 2024 earnings released: NT$0.45 loss per share (vs NT$14.97 loss in FY 2023)Full year 2024 results: NT$0.45 loss per share (improved from NT$14.97 loss in FY 2023). Revenue: NT$901.7m (down 15% from FY 2023). Net loss: NT$22.5m (loss narrowed 96% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 28Full year 2023 earnings released: NT$14.97 loss per share (vs NT$3.12 profit in FY 2022)Full year 2023 results: NT$14.97 loss per share (down from NT$3.12 profit in FY 2022). Revenue: NT$1.07b (down 18% from FY 2022). Net loss: NT$603.7m (down NT$725.0m from profit in FY 2022).Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$3.30 (vs NT$6.54 in FY 2021)Full year 2022 results: EPS: NT$3.30 (down from NT$6.54 in FY 2021). Revenue: NT$1.31b (down 11% from FY 2021). Net income: NT$121.3m (down 49% from FY 2021). Profit margin: 9.3% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue.すべての更新を表示Recent updatesReported Earnings • Apr 26Full year 2025 earnings released: NT$2.09 loss per share (vs NT$0.45 loss in FY 2024)Full year 2025 results: NT$2.09 loss per share (further deteriorated from NT$0.45 loss in FY 2024). Revenue: NT$881.5m (down 2.2% from FY 2024). Net loss: NT$104.6m (loss widened 365% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.New Risk • Apr 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% 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 (12% average weekly change). Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$1.42b market cap, or US$44.8m).お知らせ • Mar 05T-Conn Precision Corporation, Annual General Meeting, Jun 11, 2026T-Conn Precision Corporation, Annual General Meeting, Jun 11, 2026. Location: 4-1 floor no,79, sec.1 hsin t`ai 5th rd., sijhih district, new taipei 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 Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (NT$1.25b market cap, or US$39.7m).New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% 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 Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$1.36b market cap, or US$42.9m).Reported Earnings • May 01Full year 2024 earnings released: NT$0.45 loss per share (vs NT$14.97 loss in FY 2023)Full year 2024 results: NT$0.45 loss per share (improved from NT$14.97 loss in FY 2023). Revenue: NT$901.7m (down 15% from FY 2023). Net loss: NT$22.5m (loss narrowed 96% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2025T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2025. Location: 4-1 floor no,79, sec.1 hsin t`ai 5th rd., sijhih district, new taipei 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 Earnings have declined by 65% per year over the past 5 years. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.41b market cap, or US$42.8m).New Risk • Sep 25New 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.62b market cap, or US$50.9m).Reported Earnings • Apr 28Full year 2023 earnings released: NT$14.97 loss per share (vs NT$3.12 profit in FY 2022)Full year 2023 results: NT$14.97 loss per share (down from NT$3.12 profit in FY 2022). Revenue: NT$1.07b (down 18% from FY 2022). Net loss: NT$603.7m (down NT$725.0m from profit in FY 2022).お知らせ • Apr 01T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2024T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2024.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 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (NT$1.34b market cap, or US$42.5m).New Risk • Aug 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.07b market cap, or US$33.5m).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to NT$33.90, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 57% over the past year.New Risk • Jul 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% 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 (12% average weekly change). High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.3% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$37.6m).Upcoming Dividend • Jun 27Upcoming dividend of NT$1.05 per share at 1.8% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$3.30 (vs NT$6.54 in FY 2021)Full year 2022 results: EPS: NT$3.30 (down from NT$6.54 in FY 2021). Revenue: NT$1.31b (down 11% from FY 2021). Net income: NT$121.3m (down 49% from FY 2021). Profit margin: 9.3% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$58.80, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 53% over the past year.収支内訳T-Conn Precision 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:6833 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 25882-1051208830 Sep 25901-781228930 Jun 25921-511238931 Mar 25911-371258831 Dec 24902-231278830 Sep 24943-43-2188930 Jun 24984-64-5649131 Mar 241,025-334-1969231 Dec 231,066-6041739430 Sep 231,105-5545529430 Jun 231,144-5059309331 Mar 231,232-1925749331 Dec 221,3201212199330 Sep 221,4151642019430 Jun 221,5102071839431 Mar 221,4882231798931 Dec 211,4652401758330 Sep 211,4042391717730 Jun 211,3422371687231 Mar 211,2782071576831 Dec 201,2131771476531 Dec 191,119651186031 Dec 18936389638質の高い収益: 6833は現在利益が出ていません。利益率の向上: 6833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: 6833は利益が出ておらず、過去 5 年間で損失は年間41.9%の割合で増加しています。成長の加速: 6833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: 6833は利益が出ていないため、過去 1 年間の収益成長をElectronic業界 ( -3.9% ) と比較することは困難です。株主資本利益率高いROE: 6833は現在利益が出ていないため、自己資本利益率 ( -41.91% ) 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2026/05/20 04:02終値2026/05/20 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T-Conn Precision 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 26Full year 2025 earnings released: NT$2.09 loss per share (vs NT$0.45 loss in FY 2024)Full year 2025 results: NT$2.09 loss per share (further deteriorated from NT$0.45 loss in FY 2024). Revenue: NT$881.5m (down 2.2% from FY 2024). Net loss: NT$104.6m (loss widened 365% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Reported Earnings • May 01Full year 2024 earnings released: NT$0.45 loss per share (vs NT$14.97 loss in FY 2023)Full year 2024 results: NT$0.45 loss per share (improved from NT$14.97 loss in FY 2023). Revenue: NT$901.7m (down 15% from FY 2023). Net loss: NT$22.5m (loss narrowed 96% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 28Full year 2023 earnings released: NT$14.97 loss per share (vs NT$3.12 profit in FY 2022)Full year 2023 results: NT$14.97 loss per share (down from NT$3.12 profit in FY 2022). Revenue: NT$1.07b (down 18% from FY 2022). Net loss: NT$603.7m (down NT$725.0m from profit in FY 2022).
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$3.30 (vs NT$6.54 in FY 2021)Full year 2022 results: EPS: NT$3.30 (down from NT$6.54 in FY 2021). Revenue: NT$1.31b (down 11% from FY 2021). Net income: NT$121.3m (down 49% from FY 2021). Profit margin: 9.3% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 26Full year 2025 earnings released: NT$2.09 loss per share (vs NT$0.45 loss in FY 2024)Full year 2025 results: NT$2.09 loss per share (further deteriorated from NT$0.45 loss in FY 2024). Revenue: NT$881.5m (down 2.2% from FY 2024). Net loss: NT$104.6m (loss widened 365% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
New Risk • Apr 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% 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 (12% average weekly change). Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$1.42b market cap, or US$44.8m).
お知らせ • Mar 05T-Conn Precision Corporation, Annual General Meeting, Jun 11, 2026T-Conn Precision Corporation, Annual General Meeting, Jun 11, 2026. Location: 4-1 floor no,79, sec.1 hsin t`ai 5th rd., sijhih district, new taipei 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 Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (NT$1.25b market cap, or US$39.7m).
New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% 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 Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$1.36b market cap, or US$42.9m).
Reported Earnings • May 01Full year 2024 earnings released: NT$0.45 loss per share (vs NT$14.97 loss in FY 2023)Full year 2024 results: NT$0.45 loss per share (improved from NT$14.97 loss in FY 2023). Revenue: NT$901.7m (down 15% from FY 2023). Net loss: NT$22.5m (loss narrowed 96% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2025T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2025. Location: 4-1 floor no,79, sec.1 hsin t`ai 5th rd., sijhih district, new taipei 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 Earnings have declined by 65% per year over the past 5 years. 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 (6.4% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.41b market cap, or US$42.8m).
New Risk • Sep 25New 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.62b market cap, or US$50.9m).
Reported Earnings • Apr 28Full year 2023 earnings released: NT$14.97 loss per share (vs NT$3.12 profit in FY 2022)Full year 2023 results: NT$14.97 loss per share (down from NT$3.12 profit in FY 2022). Revenue: NT$1.07b (down 18% from FY 2022). Net loss: NT$603.7m (down NT$725.0m from profit in FY 2022).
お知らせ • Apr 01T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2024T-Conn Precision Corporation, Annual General Meeting, Jun 18, 2024.
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 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (NT$1.34b market cap, or US$42.5m).
New Risk • Aug 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.07b market cap, or US$33.5m).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to NT$33.90, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 57% over the past year.
New Risk • Jul 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% 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 (12% average weekly change). High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.3% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$37.6m).
Upcoming Dividend • Jun 27Upcoming dividend of NT$1.05 per share at 1.8% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 16 August 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$3.30 (vs NT$6.54 in FY 2021)Full year 2022 results: EPS: NT$3.30 (down from NT$6.54 in FY 2021). Revenue: NT$1.31b (down 11% from FY 2021). Net income: NT$121.3m (down 49% from FY 2021). Profit margin: 9.3% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$58.80, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 53% over the past year.