View ValuationUnitech Printed Circuit Board 将来の成長Future 基準チェック /06現在、 Unitech Printed Circuit Board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Electronic 収益成長33.3%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 • May 11First quarter 2026 earnings released: NT$0.40 loss per share (vs NT$0.61 profit in 1Q 2025)First quarter 2026 results: NT$0.40 loss per share (down from NT$0.61 profit in 1Q 2025). Revenue: NT$3.90b (down 10% from 1Q 2025). Net loss: NT$284.5m (down 166% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 8.6% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks High level of debt (48% net debt to equity). Profit margins are more than 30% lower than last year (3.0% net profit margin).Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$2.36 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$2.36 in FY 2024). Revenue: NT$16.2b (down 12% from FY 2024). Net income: NT$484.5m (down 70% from FY 2024). Profit margin: 3.0% (down from 8.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 16, 2026Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 16, 2026, at 09:00 Taipei Standard Time. Location: no,6, chung shan rd., tucheng district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$61.20, the stock trades at a trailing P/E ratio of 47.7x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 243% over the past three years.New Risk • Jan 23New 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 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk High level of debt (47% net debt to equity).Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$44.10, the stock trades at a trailing P/E ratio of 34.4x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 162% over the past three years.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.65, the stock trades at a trailing P/E ratio of 24.7x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 86% over the past three years.New Risk • Dec 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). 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 (6.6% average weekly change).Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.53 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (down from NT$0.53 in 3Q 2024). Revenue: NT$3.89b (down 18% from 3Q 2024). Net income: NT$13.8m (down 96% from 3Q 2024). Profit margin: 0.4% (down from 7.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 High level of debt (41% net debt to equity). 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 (6.2% average weekly change).Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 29 August 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.6%).New Risk • Aug 19New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.08 (vs NT$0.84 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.08 (down from NT$0.84 in 2Q 2024). Revenue: NT$4.31b (down 16% from 2Q 2024). Net income: NT$58.2m (down 90% from 2Q 2024). Profit margin: 1.4% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$33.10, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.61 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.61 (up from NT$0.41 in 1Q 2024). Revenue: NT$4.34b (up 4.2% from 1Q 2024). Net income: NT$433.7m (up 57% from 1Q 2024). Profit margin: 10.0% (up from 6.6% in 1Q 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Unitech Printed Circuit Board Corp. to Report Q1, 2025 Results on May 06, 2025Unitech Printed Circuit Board Corp. announced that they will report Q1, 2025 results on May 06, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$22.00, the stock trades at a trailing P/E ratio of 9.8x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past three years.分析記事 • Mar 21Unitech Printed Circuit Board's (TWSE:2367) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for Unitech Printed Circuit Board Corp.'s ( TWSE:2367 ) stock hasn't...お知らせ • Mar 19Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 17, 2025Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: no,6, chung shan rd., tucheng district, new taipei city TaiwanReported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.36 (vs NT$0.51 loss in FY 2023)Full year 2024 results: EPS: NT$2.36 (up from NT$0.51 loss in FY 2023). Revenue: NT$18.5b (up 24% from FY 2023). Net income: NT$1.59b (up NT$1.93b from FY 2023). Profit margin: 8.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 07Unitech Printed Circuit Board Corp. to Report Q4, 2024 Results on Mar 14, 2025Unitech Printed Circuit Board Corp. announced that they will report Q4, 2024 results on Mar 14, 2025分析記事 • Jan 13Investors Don't See Light At End Of Unitech Printed Circuit Board Corp.'s (TWSE:2367) TunnelUnitech Printed Circuit Board Corp.'s ( TWSE:2367 ) price-to-sales (or "P/S") ratio of 1.1x might make it look like a...New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.53 (vs NT$0.019 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.53 (up from NT$0.019 in 3Q 2023). Revenue: NT$4.76b (up 24% from 3Q 2023). Net income: NT$352.1m (up NT$339.7m from 3Q 2023). Profit margin: 7.4% (up from 0.3% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 30Unitech Printed Circuit Board Corp. to Report Q3, 2024 Results on Nov 06, 2024Unitech Printed Circuit Board Corp. announced that they will report Q3, 2024 results on Nov 06, 2024Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.84 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.84 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.13b (up 27% from 2Q 2023). Net income: NT$560.0m (up 107% from 2Q 2023). Profit margin: 11% (up from 6.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 15Unitech Printed Circuit Board Corp. announced a financing transactionUnitech Printed Circuit Board Corp. announced a private placement to issue not more than 40,000,000 shares on August 13, 2024. The transaction has been approved by shareholders.分析記事 • Aug 06Should You Be Adding Unitech Printed Circuit Board (TWSE:2367) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Aug 06Unitech Printed Circuit Board Corp. to Report Q2, 2024 Results on Aug 13, 2024Unitech Printed Circuit Board Corp. announced that they will report Q2, 2024 results on Aug 13, 2024お知らせ • Jun 27Unitech Printed Circuit Board Corp. Announces Changes to Audit CommitteeUnitech Printed Circuit Board Corp. elected GLiu, Kun-Tien//The attorney-in-charge of Mega and Associates International Law Firm to Audit Committee in place of GChu, Min-Hsien. Effective date of the new member on June 26, 2024.分析記事 • May 23Unitech Printed Circuit Board's (TWSE:2367) Shareholders May Want To Dig Deeper Than Statutory ProfitFollowing the solid earnings report from Unitech Printed Circuit Board Corp. ( TWSE:2367 ), the market responded by...分析記事 • May 22There's Reason For Concern Over Unitech Printed Circuit Board Corp.'s (TWSE:2367) Massive 43% Price JumpUnitech Printed Circuit Board Corp. ( TWSE:2367 ) shares have continued their recent momentum with a 43% gain in the...Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.59 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (up from NT$0.59 loss in 1Q 2023). Revenue: NT$4.16b (up 20% from 1Q 2023). Net income: NT$275.8m (up NT$671.3m from 1Q 2023). Profit margin: 6.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.分析記事 • May 08Would Unitech Printed Circuit Board (TWSE:2367) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • May 05Unitech Printed Circuit Board Corp. to Report Q1, 2024 Results on May 13, 2024Unitech Printed Circuit Board Corp. announced that they will report Q1, 2024 results on May 13, 2024New Risk • Mar 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).お知らせ • Mar 14Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 26, 2024Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 26, 2024. Location: Factory 4 of Unitech No. 6, Zhongshan Rd., Tucheng Dist New Taipei City Taiwan Agenda: Tp approve 2023 Business Report; to approve the audit committee reviews the 2023 financial statements report; and to consider other matters.分析記事 • Mar 04Unitech Printed Circuit Board Corp.'s (TWSE:2367) Shares Bounce 27% But Its Business Still Trails The IndustryUnitech Printed Circuit Board Corp. ( TWSE:2367 ) shares have had a really impressive month, gaining 27% after a shaky...New Risk • Nov 17New 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 5.5% 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: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (5.5% average weekly change).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.95 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.02 (down from NT$0.95 in 3Q 2022). Revenue: NT$3.84b (down 31% from 3Q 2022). Net income: NT$12.4m (down 98% from 3Q 2022). Profit margin: 0.3% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$21.15, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 2.5% over the past three years.Upcoming Dividend • Aug 25Upcoming dividend of NT$0.30 per share at 1.8% yieldEligible shareholders must have bought the stock before 01 September 2023. Payment date: 28 September 2023. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.1%).New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 178% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.1% increase in shares outstanding).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.40 (vs NT$0.40 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.40. Revenue: NT$4.03b (down 6.8% from 2Q 2022). Net income: NT$271.1m (up 8.2% from 2Q 2022). Profit margin: 6.7% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses.お知らせ • Aug 09Unitech Printed Circuit Board Corp. Announces Cash Dividend, Payable on September 28, 2023Unitech Printed Circuit Board Corp. declared cash dividend of TWD 200,822,153 and cash dividends of TWD 0.3 per share. Ex-rights (ex-dividend) trading date is September 1, 2023. Ex-rights (ex-dividend) record date is September 9, 2023. Payment date of cash dividend distribution is September 28, 2023.Reported Earnings • Mar 08Full year 2022 earnings released: EPS: NT$0.65 (vs NT$0.39 loss in FY 2021)Full year 2022 results: EPS: NT$0.65 (up from NT$0.39 loss in FY 2021). Revenue: NT$17.4b (up 29% from FY 2021). Net income: NT$413.3m (up NT$655.4m from FY 2021). Profit margin: 2.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.95 (vs NT$0.99 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.95 (up from NT$0.99 loss in 3Q 2021). Revenue: NT$5.53b (up 70% from 3Q 2021). Net income: NT$616.8m (up NT$1.23b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Wen-Hsin Hsu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.40 (vs NT$0.80 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.40 (up from NT$0.80 loss in 2Q 2021). Revenue: NT$4.33b (up 51% from 2Q 2021). Net income: NT$250.5m (up NT$744.2m from 2Q 2021). Profit margin: 5.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: NT$0.40 loss per share (down from NT$1.89 profit in 1Q 2021). Revenue: NT$3.64b (up 6.7% from 1Q 2021). Net loss: NT$246.3m (down 121% from profit in 1Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Wen-Hsin Hsu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$0.39 loss per share (up from NT$2.32 loss in FY 2020). Revenue: NT$13.5b (down 6.2% from FY 2020). Net loss: NT$242.1m (loss narrowed 83% from FY 2020). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Apr 01Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 21, 2022Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 21, 2022. Location: Factory 4 of Unitech No. 6, Zhongshan Rd., Tucheng Dist., New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider audit Committees Review Report on the 2021 Financial Statements; to consider 2021 Business Report and Financial Statements; to consider proposal for 2021 company earnings and loss distribution; to consider revision of Articles of Association; to consider revision of Regulations Governing the Acquisition and Disposal of Assets; to transact other business.Reported Earnings • Nov 16Third quarter 2021 earnings released: NT$0.99 loss per share (vs NT$0.67 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$3.25b (down 15% from 3Q 2020). Net loss: NT$615.5m (loss widened 48% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.80 loss per share (vs NT$1.11 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$2.86b (up 27% from 2Q 2020). Net loss: NT$493.7m (loss narrowed 28% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$1.89 (vs NT$0.02 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$3.41b (down 6.1% from 1Q 2020). Net income: NT$1.17b (up NT$1.16b from 1Q 2020). Profit margin: 34% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has remained flat, which means it is well ahead of earnings.分析記事 • Apr 24Would Unitech Printed Circuit Board (TPE:2367) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 01Full year 2020 earnings released: NT$2.32 loss per share (vs NT$2.80 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$14.4b (down 36% from FY 2019). Net loss: NT$1.44b (down 183% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.分析記事 • Mar 20Did You Participate In Any Of Unitech Printed Circuit Board's (TPE:2367) Fantastic 111% Return ?If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can do a lot better...分析記事 • Feb 13Should You Buy Unitech Printed Circuit Board Corp. (TPE:2367) For Its 4.0% Dividend?Dividend paying stocks like Unitech Printed Circuit Board Corp. ( TPE:2367 ) tend to be popular with investors, and for...Is New 90 Day High Low • Jan 20New 90-day low: NT$20.35The company is down 8.0% from its price of NT$22.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.分析記事 • Jan 09We Think Unitech Printed Circuit Board (TPE:2367) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 05Did You Participate In Any Of Unitech Printed Circuit Board's (TPE:2367) Fantastic 120% Return ?Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...Is New 90 Day High Low • Nov 25New 90-day high: NT$22.85The company is up 7.0% from its price of NT$21.40 on 27 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$8.54 per share.Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.67 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$3.82b (down 38% from 3Q 2019). Net loss: NT$416.7m (down 162% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 10Revenue and earnings miss expectationsRevenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations.Is New 90 Day High Low • Sep 25New 90-day low: NT$20.35The company is down 22% from its price of NT$26.15 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$8.51 per share.お知らせ • Aug 06Unitech Printed Circuit Board Corp. Announces Change of CEOUnitech Printed Circuit Board Corp. announced that Chang, Yuan-Ming, CEO of the company appointed as Chief Strategy Officer, with effect from August 5, 2020. 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、Unitech Printed Circuit Board 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TWSE:2367 - 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3/31/202615,807-234-2,101666N/A12/31/202516,246484-3731,931N/A9/30/202517,0189066822,679N/A6/30/202517,8851,2441,5083,274N/A3/31/202518,7061,7462,1813,535N/A12/31/202418,5321,5887652,723N/A9/30/202417,6819565132,162N/A6/30/202416,7596163051,841N/A3/31/202415,661327-1281,521N/A12/31/202314,961-3441271,292N/A9/30/202315,258-3204501,986N/A6/30/202316,9512853151,756N/A3/31/202317,246264-61,357N/A12/31/202217,4244131961,072N/A9/30/202217,478317-947-346N/A6/30/202215,197-915-1,971-1,297N/A3/31/202213,730-1,660-2,845-2,113N/A12/31/202113,502-242-1,339-455N/A9/30/202114,203-282-732942N/A6/30/202114,776-84-3861,172N/A3/31/202114,167-2781,0192,433N/A12/31/202014,387-1,436-890779N/A9/30/202015,449-735-1,500764N/A6/30/202017,830351-5162,197N/A3/31/202021,2191,5443393,660N/A12/31/201922,4181,735N/A4,232N/A9/30/201921,9001,657N/A4,609N/A6/30/201921,0131,220N/A4,027N/A3/31/201919,930812N/A2,198N/A12/31/201819,540657N/A2,651N/A9/30/201820,4381,075N/A2,484N/A6/30/201819,5401,026N/A1,994N/A3/31/201818,864959N/A1,598N/A12/31/201718,131674N/A1,574N/A9/30/201715,837273N/A13N/A6/30/201714,797-46N/A-279N/A3/31/201713,523-669N/A705N/A12/31/201612,650-699N/A358N/A9/30/201612,563-850N/A1,231N/A6/30/201612,760-417N/A1,505N/A3/31/201613,195131N/A1,504N/A12/31/201513,789546N/A1,907N/A9/30/201513,938674N/A2,235N/A6/30/201514,193597N/A2,712N/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: 2367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: 2367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: 2367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: 2367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: 2367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: 2367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2026/05/21 23:35終値2026/05/21 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Unitech Printed Circuit Board Corp. 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。3 アナリスト機関Junzhe HungMasterlink Securities Investment AdvisoryKuan-Chieh LiaoSinoPac Securities Investment ServiceChuanchuan ChenYuanta Research
Reported Earnings • May 11First quarter 2026 earnings released: NT$0.40 loss per share (vs NT$0.61 profit in 1Q 2025)First quarter 2026 results: NT$0.40 loss per share (down from NT$0.61 profit in 1Q 2025). Revenue: NT$3.90b (down 10% from 1Q 2025). Net loss: NT$284.5m (down 166% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 8.6% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks High level of debt (48% net debt to equity). Profit margins are more than 30% lower than last year (3.0% net profit margin).
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$2.36 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$2.36 in FY 2024). Revenue: NT$16.2b (down 12% from FY 2024). Net income: NT$484.5m (down 70% from FY 2024). Profit margin: 3.0% (down from 8.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 16, 2026Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 16, 2026, at 09:00 Taipei Standard Time. Location: no,6, chung shan rd., tucheng district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$61.20, the stock trades at a trailing P/E ratio of 47.7x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 243% over the past three years.
New Risk • Jan 23New 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 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk High level of debt (47% net debt to equity).
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$44.10, the stock trades at a trailing P/E ratio of 34.4x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 162% over the past three years.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.65, the stock trades at a trailing P/E ratio of 24.7x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 86% over the past three years.
New Risk • Dec 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). 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 (6.6% average weekly change).
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.53 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (down from NT$0.53 in 3Q 2024). Revenue: NT$3.89b (down 18% from 3Q 2024). Net income: NT$13.8m (down 96% from 3Q 2024). Profit margin: 0.4% (down from 7.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% 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 High level of debt (41% net debt to equity). 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 (6.2% average weekly change).
Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 29 August 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.6%).
New Risk • Aug 19New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.08 (vs NT$0.84 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.08 (down from NT$0.84 in 2Q 2024). Revenue: NT$4.31b (down 16% from 2Q 2024). Net income: NT$58.2m (down 90% from 2Q 2024). Profit margin: 1.4% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$33.10, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.61 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.61 (up from NT$0.41 in 1Q 2024). Revenue: NT$4.34b (up 4.2% from 1Q 2024). Net income: NT$433.7m (up 57% from 1Q 2024). Profit margin: 10.0% (up from 6.6% in 1Q 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Unitech Printed Circuit Board Corp. to Report Q1, 2025 Results on May 06, 2025Unitech Printed Circuit Board Corp. announced that they will report Q1, 2025 results on May 06, 2025
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$22.00, the stock trades at a trailing P/E ratio of 9.8x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past three years.
分析記事 • Mar 21Unitech Printed Circuit Board's (TWSE:2367) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for Unitech Printed Circuit Board Corp.'s ( TWSE:2367 ) stock hasn't...
お知らせ • Mar 19Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 17, 2025Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: no,6, chung shan rd., tucheng district, new taipei city Taiwan
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.36 (vs NT$0.51 loss in FY 2023)Full year 2024 results: EPS: NT$2.36 (up from NT$0.51 loss in FY 2023). Revenue: NT$18.5b (up 24% from FY 2023). Net income: NT$1.59b (up NT$1.93b from FY 2023). Profit margin: 8.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 07Unitech Printed Circuit Board Corp. to Report Q4, 2024 Results on Mar 14, 2025Unitech Printed Circuit Board Corp. announced that they will report Q4, 2024 results on Mar 14, 2025
分析記事 • Jan 13Investors Don't See Light At End Of Unitech Printed Circuit Board Corp.'s (TWSE:2367) TunnelUnitech Printed Circuit Board Corp.'s ( TWSE:2367 ) price-to-sales (or "P/S") ratio of 1.1x might make it look like a...
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.53 (vs NT$0.019 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.53 (up from NT$0.019 in 3Q 2023). Revenue: NT$4.76b (up 24% from 3Q 2023). Net income: NT$352.1m (up NT$339.7m from 3Q 2023). Profit margin: 7.4% (up from 0.3% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 30Unitech Printed Circuit Board Corp. to Report Q3, 2024 Results on Nov 06, 2024Unitech Printed Circuit Board Corp. announced that they will report Q3, 2024 results on Nov 06, 2024
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.84 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.84 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.13b (up 27% from 2Q 2023). Net income: NT$560.0m (up 107% from 2Q 2023). Profit margin: 11% (up from 6.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 15Unitech Printed Circuit Board Corp. announced a financing transactionUnitech Printed Circuit Board Corp. announced a private placement to issue not more than 40,000,000 shares on August 13, 2024. The transaction has been approved by shareholders.
分析記事 • Aug 06Should You Be Adding Unitech Printed Circuit Board (TWSE:2367) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Aug 06Unitech Printed Circuit Board Corp. to Report Q2, 2024 Results on Aug 13, 2024Unitech Printed Circuit Board Corp. announced that they will report Q2, 2024 results on Aug 13, 2024
お知らせ • Jun 27Unitech Printed Circuit Board Corp. Announces Changes to Audit CommitteeUnitech Printed Circuit Board Corp. elected GLiu, Kun-Tien//The attorney-in-charge of Mega and Associates International Law Firm to Audit Committee in place of GChu, Min-Hsien. Effective date of the new member on June 26, 2024.
分析記事 • May 23Unitech Printed Circuit Board's (TWSE:2367) Shareholders May Want To Dig Deeper Than Statutory ProfitFollowing the solid earnings report from Unitech Printed Circuit Board Corp. ( TWSE:2367 ), the market responded by...
分析記事 • May 22There's Reason For Concern Over Unitech Printed Circuit Board Corp.'s (TWSE:2367) Massive 43% Price JumpUnitech Printed Circuit Board Corp. ( TWSE:2367 ) shares have continued their recent momentum with a 43% gain in the...
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.59 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (up from NT$0.59 loss in 1Q 2023). Revenue: NT$4.16b (up 20% from 1Q 2023). Net income: NT$275.8m (up NT$671.3m from 1Q 2023). Profit margin: 6.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
分析記事 • May 08Would Unitech Printed Circuit Board (TWSE:2367) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • May 05Unitech Printed Circuit Board Corp. to Report Q1, 2024 Results on May 13, 2024Unitech Printed Circuit Board Corp. announced that they will report Q1, 2024 results on May 13, 2024
New Risk • Mar 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
お知らせ • Mar 14Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 26, 2024Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 26, 2024. Location: Factory 4 of Unitech No. 6, Zhongshan Rd., Tucheng Dist New Taipei City Taiwan Agenda: Tp approve 2023 Business Report; to approve the audit committee reviews the 2023 financial statements report; and to consider other matters.
分析記事 • Mar 04Unitech Printed Circuit Board Corp.'s (TWSE:2367) Shares Bounce 27% But Its Business Still Trails The IndustryUnitech Printed Circuit Board Corp. ( TWSE:2367 ) shares have had a really impressive month, gaining 27% after a shaky...
New Risk • Nov 17New 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 5.5% 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: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks High level of debt (72% net debt to equity). Share price has been volatile over the past 3 months (5.5% average weekly change).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.95 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.02 (down from NT$0.95 in 3Q 2022). Revenue: NT$3.84b (down 31% from 3Q 2022). Net income: NT$12.4m (down 98% from 3Q 2022). Profit margin: 0.3% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$21.15, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 2.5% over the past three years.
Upcoming Dividend • Aug 25Upcoming dividend of NT$0.30 per share at 1.8% yieldEligible shareholders must have bought the stock before 01 September 2023. Payment date: 28 September 2023. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.1%).
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 178% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.1% increase in shares outstanding).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.40 (vs NT$0.40 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.40. Revenue: NT$4.03b (down 6.8% from 2Q 2022). Net income: NT$271.1m (up 8.2% from 2Q 2022). Profit margin: 6.7% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses.
お知らせ • Aug 09Unitech Printed Circuit Board Corp. Announces Cash Dividend, Payable on September 28, 2023Unitech Printed Circuit Board Corp. declared cash dividend of TWD 200,822,153 and cash dividends of TWD 0.3 per share. Ex-rights (ex-dividend) trading date is September 1, 2023. Ex-rights (ex-dividend) record date is September 9, 2023. Payment date of cash dividend distribution is September 28, 2023.
Reported Earnings • Mar 08Full year 2022 earnings released: EPS: NT$0.65 (vs NT$0.39 loss in FY 2021)Full year 2022 results: EPS: NT$0.65 (up from NT$0.39 loss in FY 2021). Revenue: NT$17.4b (up 29% from FY 2021). Net income: NT$413.3m (up NT$655.4m from FY 2021). Profit margin: 2.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.95 (vs NT$0.99 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.95 (up from NT$0.99 loss in 3Q 2021). Revenue: NT$5.53b (up 70% from 3Q 2021). Net income: NT$616.8m (up NT$1.23b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Wen-Hsin Hsu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.40 (vs NT$0.80 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.40 (up from NT$0.80 loss in 2Q 2021). Revenue: NT$4.33b (up 51% from 2Q 2021). Net income: NT$250.5m (up NT$744.2m from 2Q 2021). Profit margin: 5.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: NT$0.40 loss per share (down from NT$1.89 profit in 1Q 2021). Revenue: NT$3.64b (up 6.7% from 1Q 2021). Net loss: NT$246.3m (down 121% from profit in 1Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Wen-Hsin Hsu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: NT$0.39 loss per share (up from NT$2.32 loss in FY 2020). Revenue: NT$13.5b (down 6.2% from FY 2020). Net loss: NT$242.1m (loss narrowed 83% from FY 2020). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 01Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 21, 2022Unitech Printed Circuit Board Corp., Annual General Meeting, Jun 21, 2022. Location: Factory 4 of Unitech No. 6, Zhongshan Rd., Tucheng Dist., New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider audit Committees Review Report on the 2021 Financial Statements; to consider 2021 Business Report and Financial Statements; to consider proposal for 2021 company earnings and loss distribution; to consider revision of Articles of Association; to consider revision of Regulations Governing the Acquisition and Disposal of Assets; to transact other business.
Reported Earnings • Nov 16Third quarter 2021 earnings released: NT$0.99 loss per share (vs NT$0.67 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$3.25b (down 15% from 3Q 2020). Net loss: NT$615.5m (loss widened 48% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.80 loss per share (vs NT$1.11 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$2.86b (up 27% from 2Q 2020). Net loss: NT$493.7m (loss narrowed 28% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2021 earnings released: EPS NT$1.89 (vs NT$0.02 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$3.41b (down 6.1% from 1Q 2020). Net income: NT$1.17b (up NT$1.16b from 1Q 2020). Profit margin: 34% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
分析記事 • Apr 24Would Unitech Printed Circuit Board (TPE:2367) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 01Full year 2020 earnings released: NT$2.32 loss per share (vs NT$2.80 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$14.4b (down 36% from FY 2019). Net loss: NT$1.44b (down 183% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
分析記事 • Mar 20Did You Participate In Any Of Unitech Printed Circuit Board's (TPE:2367) Fantastic 111% Return ?If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can do a lot better...
分析記事 • Feb 13Should You Buy Unitech Printed Circuit Board Corp. (TPE:2367) For Its 4.0% Dividend?Dividend paying stocks like Unitech Printed Circuit Board Corp. ( TPE:2367 ) tend to be popular with investors, and for...
Is New 90 Day High Low • Jan 20New 90-day low: NT$20.35The company is down 8.0% from its price of NT$22.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
分析記事 • Jan 09We Think Unitech Printed Circuit Board (TPE:2367) Has A Fair Chunk Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 05Did You Participate In Any Of Unitech Printed Circuit Board's (TPE:2367) Fantastic 120% Return ?Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...
Is New 90 Day High Low • Nov 25New 90-day high: NT$22.85The company is up 7.0% from its price of NT$21.40 on 27 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$8.54 per share.
Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.67 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$3.82b (down 38% from 3Q 2019). Net loss: NT$416.7m (down 162% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 10Revenue and earnings miss expectationsRevenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations.
Is New 90 Day High Low • Sep 25New 90-day low: NT$20.35The company is down 22% from its price of NT$26.15 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$8.51 per share.
お知らせ • Aug 06Unitech Printed Circuit Board Corp. Announces Change of CEOUnitech Printed Circuit Board Corp. announced that Chang, Yuan-Ming, CEO of the company appointed as Chief Strategy Officer, with effect from August 5, 2020.