View ValuationNeousys Technology 将来の成長Future 基準チェック /06現在、 Neousys Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Tech 収益成長21.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$6.90 (vs NT$7.21 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$7.21 in FY 2024). Revenue: NT$1.64b (up 14% from FY 2024). Net income: NT$186.9m (down 3.5% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.お知らせ • Mar 09Neousys Technology Inc., Annual General Meeting, Jun 24, 2026Neousys Technology Inc., Annual General Meeting, Jun 24, 2026. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city TaiwanBoard Change • Feb 26Insufficient new directorsNo 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. 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: Insufficient board refreshment.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$2.84 (vs NT$1.52 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.84 (up from NT$1.52 in 3Q 2024). Revenue: NT$454.5m (up 30% from 3Q 2024). Net income: NT$76.9m (up 89% 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 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$226, the stock trades at a trailing P/E ratio of 36.8x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past year.Upcoming Dividend • Aug 14Upcoming dividend of NT$4.79 per shareEligible shareholders must have bought the stock before 21 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.6%).Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.97 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.97 in 2Q 2024). Revenue: NT$419.2m (up 19% from 2Q 2024). Net income: NT$14.2m (down 72% from 2Q 2024). Profit margin: 3.4% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$2.55 (vs NT$2.25 in 1Q 2024)First quarter 2025 results: EPS: NT$2.55 (up from NT$2.25 in 1Q 2024). Revenue: NT$418.4m (up 23% from 1Q 2024). Net income: NT$65.3m (up 14% from 1Q 2024). Profit margin: 16% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$178, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$147, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 31% over the past year.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$7.57 (vs NT$4.51 in FY 2023)Full year 2024 results: EPS: NT$7.57 (up from NT$4.51 in FY 2023). Revenue: NT$1.45b (up 37% from FY 2023). Net income: NT$193.7m (up 85% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by higher revenue.お知らせ • Mar 10Neousys Technology Inc., Annual General Meeting, Jun 24, 2025Neousys Technology Inc., Annual General Meeting, Jun 24, 2025. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$234, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 104% over the past year.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$213, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 97% over the past year.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$185, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 78% over the past year.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$164, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 37% over the past year.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.59 (vs NT$1.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.59 (down from NT$1.78 in 3Q 2023). Revenue: NT$350.4m (up 39% from 3Q 2023). Net income: NT$40.8m (flat on 3Q 2023). Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.97 (vs NT$0.99 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.97 (up from NT$0.99 in 2Q 2023). Revenue: NT$352.4m (up 44% from 2Q 2023). Net income: NT$50.5m (up 124% from 2Q 2023). Profit margin: 14% (up from 9.2% in 2Q 2023). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 2.5% over the past year.New Risk • Jul 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Revenue has declined by 15% over the past year. High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (157% cash payout ratio). Shareholders have been diluted in the past year (11% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$204, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 42% over the past year.Upcoming Dividend • Jun 27Upcoming dividend of NT$3.57 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$173, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 17% over the past year.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$2.25 (vs NT$1.40 in 1Q 2023)First quarter 2024 results: EPS: NT$2.25 (up from NT$1.40 in 1Q 2023). Revenue: NT$339.2m (up 18% from 1Q 2023). Net income: NT$57.5m (up 81% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue.New Risk • Apr 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Dividend per share is over 8x cash flows per share. Revenue has declined by 18% over the past year. High level of non-cash earnings (37% accrual ratio). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$3.02b market cap, or US$94.0m).お知らせ • Mar 31Neousys Technology Inc., Annual General Meeting, Jun 24, 2024Neousys Technology Inc., Annual General Meeting, Jun 24, 2024.New Risk • Feb 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 10.0% over the past year. Minor Risks Dividend is not well covered by earnings (113% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$95.2m).New Risk • Nov 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding).New Risk • Nov 17New 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 7.5% 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 No financial data reported. Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.63b market cap, or US$82.3m).New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change).New Risk • Aug 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (NT$3.04b market cap, or US$95.7m). このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Neousys Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6922 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20251,643187-13191N/A9/30/20251,695201-68177N/A6/30/20251,5911652293N/A3/31/20251,525202-490152N/A12/31/20241,445194-493149N/A9/30/20241,311158-392222N/A6/30/20241,213159-288339N/A3/31/20241,106131212236N/A12/31/20231,055105165187N/A9/30/20231,106115184204N/A6/30/20231,228141261264N/A3/31/20231,295165202207N/A12/31/20221,282178199205N/A9/30/20221,229191141150N/A6/30/20221,1231576778N/A3/31/20221,0311406776N/A12/31/20219771268795N/A12/31/202071572107110N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6922の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6922の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6922の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6922の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6922の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6922の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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2026/05/07 03:38終値2026/05/07 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Neousys Technology 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Shuchun HsiaoMasterlink Securities Investment Advisory
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$6.90 (vs NT$7.21 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$7.21 in FY 2024). Revenue: NT$1.64b (up 14% from FY 2024). Net income: NT$186.9m (down 3.5% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Mar 09Neousys Technology Inc., Annual General Meeting, Jun 24, 2026Neousys Technology Inc., Annual General Meeting, Jun 24, 2026. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city Taiwan
Board Change • Feb 26Insufficient new directorsNo 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. 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: Insufficient board refreshment.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$2.84 (vs NT$1.52 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.84 (up from NT$1.52 in 3Q 2024). Revenue: NT$454.5m (up 30% from 3Q 2024). Net income: NT$76.9m (up 89% 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 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$226, the stock trades at a trailing P/E ratio of 36.8x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past year.
Upcoming Dividend • Aug 14Upcoming dividend of NT$4.79 per shareEligible shareholders must have bought the stock before 21 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.6%).
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.97 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.97 in 2Q 2024). Revenue: NT$419.2m (up 19% from 2Q 2024). Net income: NT$14.2m (down 72% from 2Q 2024). Profit margin: 3.4% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$2.55 (vs NT$2.25 in 1Q 2024)First quarter 2025 results: EPS: NT$2.55 (up from NT$2.25 in 1Q 2024). Revenue: NT$418.4m (up 23% from 1Q 2024). Net income: NT$65.3m (up 14% from 1Q 2024). Profit margin: 16% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$178, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$147, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 31% over the past year.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$7.57 (vs NT$4.51 in FY 2023)Full year 2024 results: EPS: NT$7.57 (up from NT$4.51 in FY 2023). Revenue: NT$1.45b (up 37% from FY 2023). Net income: NT$193.7m (up 85% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by higher revenue.
お知らせ • Mar 10Neousys Technology Inc., Annual General Meeting, Jun 24, 2025Neousys Technology Inc., Annual General Meeting, Jun 24, 2025. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$234, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 104% over the past year.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$213, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 97% over the past year.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$185, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 78% over the past year.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$164, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 37% over the past year.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.59 (vs NT$1.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.59 (down from NT$1.78 in 3Q 2023). Revenue: NT$350.4m (up 39% from 3Q 2023). Net income: NT$40.8m (flat on 3Q 2023). Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.97 (vs NT$0.99 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.97 (up from NT$0.99 in 2Q 2023). Revenue: NT$352.4m (up 44% from 2Q 2023). Net income: NT$50.5m (up 124% from 2Q 2023). Profit margin: 14% (up from 9.2% in 2Q 2023). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 2.5% over the past year.
New Risk • Jul 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Revenue has declined by 15% over the past year. High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (157% cash payout ratio). Shareholders have been diluted in the past year (11% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$204, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 42% over the past year.
Upcoming Dividend • Jun 27Upcoming dividend of NT$3.57 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$173, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 17% over the past year.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$2.25 (vs NT$1.40 in 1Q 2023)First quarter 2024 results: EPS: NT$2.25 (up from NT$1.40 in 1Q 2023). Revenue: NT$339.2m (up 18% from 1Q 2023). Net income: NT$57.5m (up 81% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue.
New Risk • Apr 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Dividend per share is over 8x cash flows per share. Revenue has declined by 18% over the past year. High level of non-cash earnings (37% accrual ratio). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$3.02b market cap, or US$94.0m).
お知らせ • Mar 31Neousys Technology Inc., Annual General Meeting, Jun 24, 2024Neousys Technology Inc., Annual General Meeting, Jun 24, 2024.
New Risk • Feb 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 10.0% over the past year. Minor Risks Dividend is not well covered by earnings (113% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$95.2m).
New Risk • Nov 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding).
New Risk • Nov 17New 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 7.5% 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 No financial data reported. Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.63b market cap, or US$82.3m).
New Risk • Oct 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change).
New Risk • Aug 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (NT$3.04b market cap, or US$95.7m).