Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$3.59 (vs NT$3.40 in FY 2024) Full year 2025 results: EPS: NT$3.59 (up from NT$3.40 in FY 2024). Revenue: NT$1.19b (up 27% from FY 2024). Net income: NT$150.9m (up 7.2% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 13% per year. お知らせ • Mar 05
Apex Material Technology Corp., Annual General Meeting, Jun 23, 2026 Apex Material Technology Corp., Annual General Meeting, Jun 23, 2026. Location: no,84, wu hsun st., keelung city Taiwan Reported Earnings • Nov 11
Third quarter 2025 earnings released: EPS: NT$1.26 (vs NT$0.75 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.26 (up from NT$0.75 in 3Q 2024). Revenue: NT$311.2m (up 21% from 3Q 2024). Net income: NT$52.7m (up 66% from 3Q 2024). Profit margin: 17% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Buy Or Sell Opportunity • Oct 13
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to NT$55.30. The fair value is estimated to be NT$44.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 23%. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: NT$0.37 (vs NT$0.86 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.37 (down from NT$0.86 in 2Q 2024). Revenue: NT$297.4m (up 31% from 2Q 2024). Net income: NT$15.4m (down 58% from 2Q 2024). Profit margin: 5.2% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 27
Dividend reduced to NT$2.43 Dividend of NT$2.43 is 24% lower than last year. Ex-date: 10th July 2025 Payment date: 31st July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 24% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$1.02 (vs NT$0.89 in 1Q 2024) First quarter 2025 results: EPS: NT$1.02 (up from NT$0.89 in 1Q 2024). Revenue: NT$274.9m (up 22% from 1Q 2024). Net income: NT$43.3m (up 20% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Buy Or Sell Opportunity • May 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.9% to NT$51.00. The fair value is estimated to be NT$64.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 27%. Buy Or Sell Opportunity • Apr 07
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to NT$48.15. The fair value is estimated to be NT$64.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 27%. Reported Earnings • Mar 13
Full year 2024 earnings released: EPS: NT$3.40 (vs NT$4.53 in FY 2023) Full year 2024 results: EPS: NT$3.40 (down from NT$4.53 in FY 2023). Revenue: NT$940.4m (down 9.7% from FY 2023). Net income: NT$140.8m (down 19% from FY 2023). Profit margin: 15% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue. Buy Or Sell Opportunity • Mar 08
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at NT$54.00. The fair value is estimated to be NT$44.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 28%. お知らせ • Mar 07
Apex Material Technology Corp., Annual General Meeting, Jun 23, 2025 Apex Material Technology Corp., Annual General Meeting, Jun 23, 2025. Location: no,84, wu hsun st., keelung city Taiwan Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$0.74 (vs NT$1.62 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.74 (down from NT$1.62 in 3Q 2023). Revenue: NT$257.4m (up 1.1% from 3Q 2023). Net income: NT$31.7m (down 49% from 3Q 2023). Profit margin: 12% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: NT$0.85 (vs NT$1.11 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.85 (down from NT$1.11 in 2Q 2023). Revenue: NT$227.6m (down 15% from 2Q 2023). Net income: NT$36.3m (down 16% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Upcoming Dividend • Jul 05
Upcoming dividend of NT$3.18 per share Eligible shareholders must have bought the stock before 12 July 2024. Payment date: 02 August 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%). Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.93 (vs NT$1.11 in 1Q 2023) First quarter 2024 results: EPS: NT$0.93 (down from NT$1.11 in 1Q 2023). Revenue: NT$223.5m (down 16% from 1Q 2023). Net income: NT$35.7m (down 17% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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 Revenue has declined by 26% over the past year. Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (NT$3.14b market cap, or US$97.6m). お知らせ • Mar 14
Apex Material Technology Corp., Annual General Meeting, Jun 24, 2024 Apex Material Technology Corp., Annual General Meeting, Jun 24, 2024.