View Financial HealthKoryo Electronics 配当と自社株買い配当金 基準チェック /26Koryo Electronics配当を支払う会社であり、現在の利回りは2.76%で、収益によって十分にカバーされています。主要情報2.8%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長-3.8%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向46%最近の配当と自社株買いの更新Upcoming Dividend • Aug 07Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.8%).Upcoming Dividend • Aug 21Upcoming dividend of NT$2.20 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.3%).Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).すべての更新を表示Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.94 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$0.94 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.19b (up 41% from 1Q 2025). Net income: NT$48.8m (up 93% from 1Q 2025). Profit margin: 4.1% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$42.75, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past three years.Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$2.19 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$2.19 (up from NT$2.15 in FY 2024). Revenue: NT$3.63b (up 27% from FY 2024). Net income: NT$113.2m (up 1.4% from FY 2024). Profit margin: 3.1% (down from 3.9% 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 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 12Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2026Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2026. Location: b3 floor building. a no,75, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.99 (vs NT$0.72 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.99 (up from NT$0.72 in 3Q 2024). Revenue: NT$863.3m (up 7.4% from 3Q 2024). Net income: NT$51.1m (up 38% from 3Q 2024). Profit margin: 5.9% (up from 4.6% 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 26% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.46b market cap, or US$81.8m).Upcoming Dividend • Aug 07Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.85, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.28 in 1Q 2024). Revenue: NT$844.0m (up 30% from 1Q 2024). Net income: NT$25.2m (up 72% from 1Q 2024). Profit margin: 3.0% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • May 06Koryo Electronics Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Koryo Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.10, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 94% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$39.15, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 63% over the past three years.New Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (NT$2.50b market cap, or US$75.5m).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.18 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.18 in FY 2023). Revenue: NT$2.89b (up 7.3% from FY 2023). Net income: NT$111.5m (up 83% from FY 2023). Profit margin: 3.9% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.お知らせ • Mar 14Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2025Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b3 floor building. a no,75, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwanお知らせ • Mar 05Koryo Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Koryo Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$61.60, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$60.00, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 143% over the past three years.New Risk • Dec 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$98.8m) 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (NT$3.24b market cap, or US$98.8m).Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.52 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.72 (up from NT$0.52 in 3Q 2023). Revenue: NT$810.5m (up 24% from 3Q 2023). Net income: NT$37.2m (up 37% from 3Q 2023). Profit margin: 4.6% (up from 4.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$73.50, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 198% over the past three years.お知らせ • Nov 06Koryo Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Koryo Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$77.20, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$46.65, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (NT$2.41b market cap, or US$75.4m).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.90, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.8%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.64 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.64. Revenue: NT$691.7m (down 3.6% from 2Q 2023). Net income: NT$33.3m (flat on 2Q 2023). Profit margin: 4.8% (up from 4.6% in 2Q 2023). The increase in margin was driven by lower expenses.お知らせ • Aug 06Koryo Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Koryo Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$1.18 (vs NT$3.54 in FY 2022)Full year 2023 results: EPS: NT$1.18 (down from NT$3.54 in FY 2022). Revenue: NT$2.70b (down 34% from FY 2022). Net income: NT$61.1m (down 67% from FY 2022). Profit margin: 2.3% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 16Koryo Electronics Co., Ltd., Annual General Meeting, Jun 18, 2024Koryo Electronics Co., Ltd., Annual General Meeting, Jun 18, 2024.Upcoming Dividend • Aug 21Upcoming dividend of NT$2.20 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.3%).New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 4.7% 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: Minor Risks Dividend is not well covered by earnings (102% payout ratio). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (NT$1.59b market cap, or US$50.0m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.64 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.64 (down from NT$1.22 in 2Q 2022). Revenue: NT$717.5m (down 33% from 2Q 2022). Net income: NT$33.2m (down 48% from 2Q 2022). Profit margin: 4.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.36 (up from NT$0.71 in 3Q 2021). Revenue: NT$1.16b (up 17% from 3Q 2021). Net income: NT$70.4m (up 91% from 3Q 2021). Profit margin: 6.1% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.36 (up from NT$0.71 in 3Q 2021). Revenue: NT$1.16b (up 17% from 3Q 2021). Net income: NT$70.4m (up 91% from 3Q 2021). Profit margin: 6.1% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.22 (vs NT$1.03 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.22 (up from NT$1.03 in 2Q 2021). Revenue: NT$1.06b (up 11% from 2Q 2021). Net income: NT$63.2m (up 18% from 2Q 2021). Profit margin: 5.9% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$34.50, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.04 (vs NT$0.44 in 1Q 2021)First quarter 2022 results: EPS: NT$1.04 (up from NT$0.44 in 1Q 2021). Revenue: NT$1.02b (up 15% from 1Q 2021). Net income: NT$54.0m (up 136% from 1Q 2021). Profit margin: 5.3% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$2.91 (vs NT$1.26 in FY 2020)Full year 2021 results: EPS: NT$2.91 (up from NT$1.26 in FY 2020). Revenue: NT$3.82b (up 29% from FY 2020). Net income: NT$150.5m (up 130% from FY 2020). Profit margin: 3.9% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.27 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$993.4m (up 23% from 3Q 2020). Net income: NT$36.9m (up 164% from 3Q 2020). Profit margin: 3.7% (up from 1.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$29.30, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 34% over the past three years.Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.03 (vs NT$0.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$959.7m (up 42% from 2Q 2020). Net income: NT$53.5m (up 204% from 2Q 2020). Profit margin: 5.6% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$28.50, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.44 (vs NT$0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$887.3m (up 27% from 1Q 2020). Net income: NT$22.9m (up 113% from 1Q 2020). Profit margin: 2.6% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Apr 14A Look At The Intrinsic Value Of Koryo Electronics Co., Ltd. (GTSM:8032)How far off is Koryo Electronics Co., Ltd. ( GTSM:8032 ) from its intrinsic value? Using the most recent financial...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.26 (vs NT$1.50 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.97b (down 9.3% from FY 2019). Net income: NT$65.5m (down 16% from FY 2019). Profit margin: 2.2% (down from 2.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Mar 24Koryo Electronics (GTSM:8032) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 26New 90-day high: NT$22.60The company is up 5.0% from its price of NT$21.45 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.分析記事 • Feb 24Investors In Koryo Electronics Co., Ltd. (GTSM:8032) Should Consider This, FirstCould Koryo Electronics Co., Ltd. ( GTSM:8032 ) be an attractive dividend share to own for the long haul? Investors are...お知らせ • Feb 21Koryo Electronics Co., Ltd., Annual General Meeting, Jun 16, 2021Koryo Electronics Co., Ltd., Annual General Meeting, Jun 16, 2021.分析記事 • Jan 20What Koryo Electronics' (GTSM:8032) Returns On Capital Can Tell UsIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...Is New 90 Day High Low • Dec 24New 90-day high: NT$22.55The company is up 6.0% from its price of NT$21.25 on 25 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.分析記事 • Dec 23Here's Why Koryo Electronics (GTSM:8032) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 25Factors Income Investors Should Consider Before Adding Koryo Electronics Co., Ltd. (GTSM:8032) To Their PortfolioCould Koryo Electronics Co., Ltd. (GTSM:8032) be an attractive dividend share to own for the long haul? Investors are...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.27The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$809.3m (down 2.8% from 3Q 2019). Net income: NT$14.0m (down 44% from 3Q 2019). Profit margin: 1.7% (down from 3.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.決済の安定と成長配当データの取得安定した配当: 8032の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 8032の配当金支払額は過去10年間減少しています。配当利回り対市場Koryo Electronics 配当利回り対市場8032 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (8032)2.8%市場下位25% (TW)1.4%市場トップ25% (TW)4.9%業界平均 (Electronic)1.3%アナリスト予想 (8032) (最長3年)n/a注目すべき配当: 8032の配当金 ( 2.76% ) はTW市場の配当金支払者の下位 25% ( 1.41% ) よりも高くなっています。高配当: 8032の配当金 ( 2.76% ) はTW市場の配当金支払者の上位 25% ( 4.87% ) と比較すると低いです。株主への利益配当収益カバレッジ: 8032の 配当性向 ( 45.5% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 8032は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/06/14 20:42終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Koryo Electronics Co., Ltd. 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
Upcoming Dividend • Aug 07Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).
Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.8%).
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.20 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.3%).
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).
Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.94 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$0.94 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.19b (up 41% from 1Q 2025). Net income: NT$48.8m (up 93% from 1Q 2025). Profit margin: 4.1% (up from 3.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$42.75, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past three years.
Reported Earnings • Mar 26Full year 2025 earnings released: EPS: NT$2.19 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$2.19 (up from NT$2.15 in FY 2024). Revenue: NT$3.63b (up 27% from FY 2024). Net income: NT$113.2m (up 1.4% from FY 2024). Profit margin: 3.1% (down from 3.9% 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 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2026Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2026. Location: b3 floor building. a no,75, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.99 (vs NT$0.72 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.99 (up from NT$0.72 in 3Q 2024). Revenue: NT$863.3m (up 7.4% from 3Q 2024). Net income: NT$51.1m (up 38% from 3Q 2024). Profit margin: 5.9% (up from 4.6% 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 26% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.46b market cap, or US$81.8m).
Upcoming Dividend • Aug 07Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$48.85, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.28 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.28 in 1Q 2024). Revenue: NT$844.0m (up 30% from 1Q 2024). Net income: NT$25.2m (up 72% from 1Q 2024). Profit margin: 3.0% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • May 06Koryo Electronics Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Koryo Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$47.10, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 94% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$39.15, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 63% over the past three years.
New Risk • Apr 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (NT$2.50b market cap, or US$75.5m).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.18 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.18 in FY 2023). Revenue: NT$2.89b (up 7.3% from FY 2023). Net income: NT$111.5m (up 83% from FY 2023). Profit margin: 3.9% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
お知らせ • Mar 14Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2025Koryo Electronics Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: b3 floor building. a no,75, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
お知らせ • Mar 05Koryo Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Koryo Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$61.60, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$60.00, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 143% over the past three years.
New Risk • Dec 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$98.8m) 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (NT$3.24b market cap, or US$98.8m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.52 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.72 (up from NT$0.52 in 3Q 2023). Revenue: NT$810.5m (up 24% from 3Q 2023). Net income: NT$37.2m (up 37% from 3Q 2023). Profit margin: 4.6% (up from 4.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$73.50, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 198% over the past three years.
お知らせ • Nov 06Koryo Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Koryo Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$77.20, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 203% over the past three years.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$46.65, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years.
New Risk • Sep 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (NT$2.41b market cap, or US$75.4m).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.90, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.
Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.8%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.64 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.64. Revenue: NT$691.7m (down 3.6% from 2Q 2023). Net income: NT$33.3m (flat on 2Q 2023). Profit margin: 4.8% (up from 4.6% in 2Q 2023). The increase in margin was driven by lower expenses.
お知らせ • Aug 06Koryo Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Koryo Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$1.18 (vs NT$3.54 in FY 2022)Full year 2023 results: EPS: NT$1.18 (down from NT$3.54 in FY 2022). Revenue: NT$2.70b (down 34% from FY 2022). Net income: NT$61.1m (down 67% from FY 2022). Profit margin: 2.3% (down from 4.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 16Koryo Electronics Co., Ltd., Annual General Meeting, Jun 18, 2024Koryo Electronics Co., Ltd., Annual General Meeting, Jun 18, 2024.
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.20 per share at 7.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.3%).
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.2% Last year net profit margin: 4.7% 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: Minor Risks Dividend is not well covered by earnings (102% payout ratio). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (NT$1.59b market cap, or US$50.0m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.64 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.64 (down from NT$1.22 in 2Q 2022). Revenue: NT$717.5m (down 33% from 2Q 2022). Net income: NT$33.2m (down 48% from 2Q 2022). Profit margin: 4.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.36 (up from NT$0.71 in 3Q 2021). Revenue: NT$1.16b (up 17% from 3Q 2021). Net income: NT$70.4m (up 91% from 3Q 2021). Profit margin: 6.1% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.36 (up from NT$0.71 in 3Q 2021). Revenue: NT$1.16b (up 17% from 3Q 2021). Net income: NT$70.4m (up 91% from 3Q 2021). Profit margin: 6.1% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.4%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.22 (vs NT$1.03 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.22 (up from NT$1.03 in 2Q 2021). Revenue: NT$1.06b (up 11% from 2Q 2021). Net income: NT$63.2m (up 18% from 2Q 2021). Profit margin: 5.9% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$34.50, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.04 (vs NT$0.44 in 1Q 2021)First quarter 2022 results: EPS: NT$1.04 (up from NT$0.44 in 1Q 2021). Revenue: NT$1.02b (up 15% from 1Q 2021). Net income: NT$54.0m (up 136% from 1Q 2021). Profit margin: 5.3% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$2.91 (vs NT$1.26 in FY 2020)Full year 2021 results: EPS: NT$2.91 (up from NT$1.26 in FY 2020). Revenue: NT$3.82b (up 29% from FY 2020). Net income: NT$150.5m (up 130% from FY 2020). Profit margin: 3.9% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.27 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$993.4m (up 23% from 3Q 2020). Net income: NT$36.9m (up 164% from 3Q 2020). Profit margin: 3.7% (up from 1.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$29.30, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 34% over the past three years.
Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.03 (vs NT$0.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$959.7m (up 42% from 2Q 2020). Net income: NT$53.5m (up 204% from 2Q 2020). Profit margin: 5.6% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$28.50, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.44 (vs NT$0.21 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$887.3m (up 27% from 1Q 2020). Net income: NT$22.9m (up 113% from 1Q 2020). Profit margin: 2.6% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 14A Look At The Intrinsic Value Of Koryo Electronics Co., Ltd. (GTSM:8032)How far off is Koryo Electronics Co., Ltd. ( GTSM:8032 ) from its intrinsic value? Using the most recent financial...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$1.26 (vs NT$1.50 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.97b (down 9.3% from FY 2019). Net income: NT$65.5m (down 16% from FY 2019). Profit margin: 2.2% (down from 2.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 24Koryo Electronics (GTSM:8032) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 26New 90-day high: NT$22.60The company is up 5.0% from its price of NT$21.45 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.
分析記事 • Feb 24Investors In Koryo Electronics Co., Ltd. (GTSM:8032) Should Consider This, FirstCould Koryo Electronics Co., Ltd. ( GTSM:8032 ) be an attractive dividend share to own for the long haul? Investors are...
お知らせ • Feb 21Koryo Electronics Co., Ltd., Annual General Meeting, Jun 16, 2021Koryo Electronics Co., Ltd., Annual General Meeting, Jun 16, 2021.
分析記事 • Jan 20What Koryo Electronics' (GTSM:8032) Returns On Capital Can Tell UsIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...
Is New 90 Day High Low • Dec 24New 90-day high: NT$22.55The company is up 6.0% from its price of NT$21.25 on 25 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
分析記事 • Dec 23Here's Why Koryo Electronics (GTSM:8032) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 25Factors Income Investors Should Consider Before Adding Koryo Electronics Co., Ltd. (GTSM:8032) To Their PortfolioCould Koryo Electronics Co., Ltd. (GTSM:8032) be an attractive dividend share to own for the long haul? Investors are...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.27The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$809.3m (down 2.8% from 3Q 2019). Net income: NT$14.0m (down 44% from 3Q 2019). Profit margin: 1.7% (down from 3.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.