View Past PerformanceChicony Electronics バランスシートの健全性財務の健全性 基準チェック /56Chicony Electronicsの総株主資本はNT$48.8B 、総負債はNT$14.2Bで、負債比率は29.1%となります。総資産と総負債はそれぞれNT$107.9BとNT$59.1Bです。 Chicony Electronicsの EBIT はNT$7.6Bで、利息カバレッジ比率-8.2です。現金および短期投資はNT$33.6Bです。主要情報29.07%負債資本比率NT$14.18b負債インタレスト・カバレッジ・レシオ-8.2x現金NT$33.64bエクイティNT$48.80b負債合計NT$59.10b総資産NT$107.90b財務の健全性に関する最新情報分析記事 • Mar 06These 4 Measures Indicate That Chicony Electronics (TWSE:2385) Is Using Debt SafelyThe 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 27Chicony Electronics (TWSE:2385) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Aug 13Is Chicony Electronics (TWSE:2385) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Apr 16Chicony Electronics (TWSE:2385) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Mar 15These 4 Measures Indicate That Chicony Electronics (TPE:2385) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesMajor Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$100.7b to NT$96.3b. EPS estimate also fell from NT$10.42 per share to NT$9.21 per share. Net income forecast to grow 13% next year vs 42% growth forecast for Tech industry in Taiwan. Consensus price target broadly unchanged at NT$147. Share price fell 5.9% to NT$127 over the past week.Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (down from NT$2.19 in 1Q 2025). Revenue: NT$22.9b (down 1.8% from 1Q 2025). Net income: NT$1.46b (down 8.6% from 1Q 2025). Profit margin: 6.4% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. 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 10% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$9.05 (down from NT$12.43 in FY 2024). Revenue: NT$95.7b (down 5.7% from FY 2024). Net income: NT$6.58b (down 27% from FY 2024). Profit margin: 6.9% (down from 8.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Mar 12Dividend reduced to NT$7.20Dividend of NT$7.20 is 28% lower than last year. Ex-date: 15th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (121% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.Price Target Changed • Mar 11Price target decreased by 8.8% to NT$145Down from NT$159, the current price target is an average from 4 analysts. New target price is 16% above last closing price of NT$125. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.23 for next year compared to NT$12.43 last year.お知らせ • Mar 11+ 1 more updateChicony Electronics Co., Ltd., Annual General Meeting, May 28, 2026Chicony Electronics Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city TaiwanPrice Target Changed • Mar 08Price target decreased by 11% to NT$152Down from NT$170, the current price target is an average from 4 analysts. New target price is 21% above last closing price of NT$126. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$10.23 for next year compared to NT$12.43 last year.Buy Or Sell Opportunity • Jan 08Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to NT$117. The fair value is estimated to be NT$96.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years.Buy Or Sell Opportunity • Dec 19Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to NT$116. The fair value is estimated to be NT$95.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$2.87 (vs NT$3.29 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.87 (down from NT$3.29 in 3Q 2024). Revenue: NT$24.8b (down 11% from 3Q 2024). Net income: NT$2.09b (down 13% from 3Q 2024). Profit margin: 8.4% (down from 8.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Oct 03Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 8.6%. Revenue is forecast to grow by 0.8% in a year. Earnings are forecast to decline by 3.7% in the next year.Price Target Changed • Aug 11Price target decreased by 7.5% to NT$170Down from NT$184, the current price target is an average from 5 analysts. New target price is 26% above last closing price of NT$135. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$10.58 for next year compared to NT$12.43 last year.Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: NT$2.96 (vs NT$3.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.96 (down from NT$3.40 in 2Q 2024). Revenue: NT$24.5b (flat on 2Q 2024). Net income: NT$2.15b (down 13% from 2Q 2024). Profit margin: 8.8% (down from 10.0% in 2Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$138. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 9.8%. Revenue is forecast to grow by 5.3% in a year. Earnings are forecast to decline by 1.0% in the next year.Upcoming Dividend • Jun 10Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio and cash payout ratio are on the higher end at 82% and 76% respectively. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.8%).Reported Earnings • May 08First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$2.19 (down from NT$2.42 in 1Q 2024). Revenue: NT$23.3b (up 1.9% from 1Q 2024). Net income: NT$1.59b (down 9.6% from 1Q 2024). Profit margin: 6.8% (down from 7.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to NT$128. The fair value is estimated to be NT$164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$164 per share.分析記事 • Mar 25Chicony Electronics Co., Ltd.'s (TWSE:2385) Share Price Is Matching Sentiment Around Its EarningsChicony Electronics Co., Ltd.'s ( TWSE:2385 ) price-to-earnings (or "P/E") ratio of 13.6x might make it look like a buy...Declared Dividend • Mar 07Dividend of NT$10.00 announcedShareholders will receive a dividend of NT$10.00. Ex-date: 17th June 2025 Payment date: 11th July 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 2 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Mar 06These 4 Measures Indicate That Chicony Electronics (TWSE:2385) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 06+ 2 more updatesChicony Electronics Co., Ltd., Annual General Meeting, May 28, 2025Chicony Electronics Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan分析記事 • Feb 17Chicony Electronics Co., Ltd.'s (TWSE:2385) Intrinsic Value Is Potentially 96% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Chicony Electronics fair value estimate is NT$315 Chicony...分析記事 • Jan 20Here's Why We Think Chicony Electronics (TWSE:2385) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Jan 06Chicony Electronics (TWSE:2385) Knows How To Allocate CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Nov 27Chicony Electronics (TWSE:2385) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Nov 10Chicony Electronics Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowChicony Electronics Co., Ltd. ( TWSE:2385 ) shareholders are probably feeling a little disappointed, since its shares...Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: NT$14.92 loss per share (down from NT$2.94 profit in 3Q 2023). Revenue: NT$27.7b (up 7.4% from 3Q 2023). Net loss: NT$10.9b (down NT$13.0b from profit in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Nov 06Now 22% undervaluedOver the last 90 days, the stock has risen 1.3% to NT$154. The fair value is estimated to be NT$196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 11% in the next year.お知らせ • Oct 29Chicony Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chicony Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024分析記事 • Oct 08Investors Aren't Buying Chicony Electronics Co., Ltd.'s (TWSE:2385) EarningsChicony Electronics Co., Ltd.'s ( TWSE:2385 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy...分析記事 • Sep 24Capital Investments At Chicony Electronics (TWSE:2385) Point To A Promising FutureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Buy Or Sell Opportunity • Sep 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to NT$158. The fair value is estimated to be NT$197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 13% in the next year.分析記事 • Sep 11Estimating The Intrinsic Value Of Chicony Electronics Co., Ltd. (TWSE:2385)Key Insights Chicony Electronics' estimated fair value is NT$197 based on 2 Stage Free Cash Flow to Equity Chicony...分析記事 • Aug 28If EPS Growth Is Important To You, Chicony Electronics (TWSE:2385) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Buy Or Sell Opportunity • Aug 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$157. The fair value is estimated to be NT$197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$3.40 (up from NT$2.50 in 2Q 2023). Revenue: NT$24.7b (down 2.7% from 2Q 2023). Net income: NT$2.47b (up 37% from 2Q 2023). Profit margin: 10.0% (up from 7.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 13Is Chicony Electronics (TWSE:2385) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Aug 10Price target decreased by 9.1% to NT$218Down from NT$240, the current price target is an average from 5 analysts. New target price is 41% above last closing price of NT$155. Stock is up 53% over the past year. The company is forecast to post earnings per share of NT$12.61 for next year compared to NT$10.35 last year.Buy Or Sell Opportunity • Aug 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to NT$145. The fair value is estimated to be NT$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.お知らせ • Jul 27Chicony Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Chicony Electronics Co., Ltd. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 07, 2024Upcoming Dividend • Jun 11Upcoming dividend of NT$7.80 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).分析記事 • Jun 06Chicony Electronics Co., Ltd. (TWSE:2385) Doing What It Can To Lift SharesWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...分析記事 • May 21Chicony Electronics' (TWSE:2385) Shareholders Will Receive A Bigger Dividend Than Last YearChicony Electronics Co., Ltd. ( TWSE:2385 ) has announced that it will be increasing its dividend from last year's...分析記事 • May 09Chicony Electronics Co., Ltd. Just Beat EPS By 5.5%: Here's What Analysts Think Will Happen NextThe quarterly results for Chicony Electronics Co., Ltd. ( TWSE:2385 ) were released last week, making it a good time to...Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$2.42 (up from NT$2.05 in 1Q 2023). Revenue: NT$22.8b (flat on 1Q 2023). Net income: NT$1.76b (up 20% from 1Q 2023). Profit margin: 7.7% (up from 6.5% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 02Chicony Electronics (TWSE:2385) Will Pay A Larger Dividend Than Last Year At NT$7.80The board of Chicony Electronics Co., Ltd. ( TWSE:2385 ) has announced that it will be paying its dividend of NT$7.80...Declared Dividend • May 02Dividend increased to NT$7.80Dividend of NT$7.80 is 4.0% higher than last year. Ex-date: 18th June 2024 Payment date: 12th July 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 28Chicony Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Chicony Electronics Co., Ltd. announced that they will report Q1, 2024 results on May 06, 2024お知らせ • Apr 18Chicony Electronics Co., Ltd. Announces Cash Dividend for the Year 2023Chicony Electronics Co., Ltd. announced that appropriations of earnings in cash dividends to shareholders: TWD 7.8 per share. Total amount of cash distributed to shareholders: TWD 5,928,414,742.分析記事 • Apr 16Chicony Electronics (TWSE:2385) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Mar 29Chicony Electronics (TWSE:2385) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDespite posting healthy earnings, Chicony Electronics Co., Ltd.'s ( TWSE:2385 ) stock has been quite weak. Along with...分析記事 • Mar 17Chicony Electronics Co., Ltd. (TWSE:2385) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$262Investors in Chicony Electronics Co., Ltd. ( TWSE:2385 ) had a good week, as its shares rose 7.8% to close at NT$241...Reported Earnings • Mar 15Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.35 (up from NT$10.26 in FY 2022). Revenue: NT$98.3b (down 15% from FY 2022). Net income: NT$7.46b (up 2.0% from FY 2022). Profit margin: 7.6% (up from 6.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Mar 14Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$106.9b to NT$109.1b. EPS estimate increased from NT$11.09 to NT$12.51 per share. Net income forecast to grow 23% next year vs 32% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$172 to NT$262. Share price rose 5.5% to NT$241 over the past week.お知らせ • Mar 13Chicony Electronics Co., Ltd., Annual General Meeting, May 30, 2024Chicony Electronics Co., Ltd., Annual General Meeting, May 30, 2024. Location: No. 69, Sec. 2, Guangfu Rd., New Taipei City Taiwan Agenda: To consider Business Report of the Company for the 2023 fiscal year; to consider Audit Report by the Audit Committee for the 2023 fiscal year; to consider Report on the distribution of remunerations to employees and directors for the 2023 fiscal year; to consider Report on earnings distribution of cash dividends for the 2023 fiscal year; and to consider other matters.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$223, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 183% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$120 per share.New Risk • Mar 07New 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 5.8% 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. This is currently the only risk that has been identified for the company.分析記事 • Mar 06There's Reason For Concern Over Chicony Electronics Co., Ltd.'s (TWSE:2385) Massive 36% Price JumpChicony Electronics Co., Ltd. ( TWSE:2385 ) shares have had a really impressive month, gaining 36% after a shaky period...お知らせ • Feb 23Chicony Electronics Co., Ltd. Announces Executive ChangeChicony Electronics Co., Ltd. announced the retirement of Chang, Yu Yun as Chief Information Security Officer and appointed Hsiang, Kuo Tung, MIS Director as Chief Information Security Officer. Effective from 1 March 2024.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$190, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$118 per share.Price Target Changed • Jan 18Price target increased by 16% to NT$162Up from NT$141, the current price target is an average from 3 analysts. New target price is 11% below last closing price of NT$182. Stock is up 112% over the past year. The company is forecast to post earnings per share of NT$10.02 for next year compared to NT$10.26 last year.Reported Earnings • Nov 06Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$2.93 (down from NT$2.97 in 3Q 2022). Revenue: NT$25.8b (down 16% from 3Q 2022). Net income: NT$2.12b (flat on 3Q 2022). Profit margin: 8.2% (up from 6.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Tech industry in Taiwan. 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 13% per year.Major Estimate Revision • Aug 14Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$111.7b to NT$98.1b. EPS estimate fell from NT$9.44 to NT$8.62 per share. Net income forecast to shrink 3.8% next year vs 13% growth forecast for Tech industry in Taiwan . Consensus price target up from NT$104 to NT$110. Share price fell 4.3% to NT$101 over the past week.Reported Earnings • Aug 08Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$2.50 (up from NT$2.50 in 2Q 2022). Revenue: NT$25.4b (down 12% from 2Q 2022). Net income: NT$1.80b (up 1.1% from 2Q 2022). Profit margin: 7.1% (up from 6.2% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.Buying Opportunity • Aug 02Now 22% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 4.1% in a year. Earnings is forecast to grow by 0.4% in the next year.Buying Opportunity • Jul 13Now 21% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 4.1% in a year. Earnings is forecast to grow by 0.4% in the next year.Price Target Changed • Jun 20Price target increased by 7.9% to NT$104Up from NT$96.58, the current price target is an average from 5 analysts. New target price is 11% above last closing price of NT$94.00. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$9.25 for next year compared to NT$10.26 last year.Upcoming Dividend • Jun 09Upcoming dividend of NT$7.50 per share at 7.1% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).Major Estimate Revision • May 23Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from NT$118.7b to NT$104.4b. EPS estimate unchanged from NT$9.40 per share at last update. Tech industry in Taiwan expected to see average net income growth of 0.2% next year. Consensus price target of NT$103 unchanged from last update. Share price rose 3.5% to NT$104 over the past week.Reported Earnings • May 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: NT$2.05 (down from NT$2.41 in 1Q 2022). Revenue: NT$22.7b (down 21% from 1Q 2022). Net income: NT$1.47b (down 14% from 1Q 2022). Profit margin: 6.5% (up from 5.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.お知らせ • May 10Chicony Electronics Co., Ltd. Appoints of the Chang,YuYun as New Chief Information Security OfficerChicony Electronics Co., Ltd. Announced the new Chief Information Security Officer. Type of personnel changed: Chief Information Security Officer. Date of occurrence of the change: 2023/05/09. Name, title, and resume of the previous position holder: Not applicable. Name, title, and resume of the new position holder: Chang,YuYun, CIO of Chicony Electronics Co., Ltd. Type of the change: Newly appointed. Reason for the change: Newly appointed.Reported Earnings • Mar 14Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$10.26 (up from NT$8.71 in FY 2021). Revenue: NT$115.7b (up 7.7% from FY 2021). Net income: NT$7.32b (up 19% from FY 2021). Profit margin: 6.3% (up from 5.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.お知らせ • Nov 29Chicony Electronics Co., Ltd. Announces Cash DividendChicony Electronics Co., Ltd. announced cash dividend of RMB 21,000,000.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Chia-Hsiang Chu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.97 (up from NT$2.26 in 3Q 2021). Revenue: NT$30.6b (up 12% from 3Q 2021). Net income: NT$2.12b (up 33% from 3Q 2021). Profit margin: 6.9% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: NT$2.50 (vs NT$1.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.50 (up from NT$1.87 in 2Q 2021). Revenue: NT$28.7b (up 13% from 2Q 2021). Net income: NT$1.78b (up 35% from 2Q 2021). Profit margin: 6.2% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.7%, compared to a 3.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$73.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Tech industry in Taiwan. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$62.58 per share.お知らせ • Jun 11Chicony Electronics Co., Ltd. Approves the Election of Hsu,Kun-Tai, Lee,Tse-Ching as DirectorsChicony Electronics Co., Ltd. at its Annual General Shareholders' Meeting held on June 10, 2022, approved the election of Hsu,Kun-Tai, Lee,Tse-Ching as directors.Upcoming Dividend • Jun 09Upcoming dividend of NT$6.10 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (6.6%).お知らせ • May 31Chicony Electronics Co., Ltd. Announces Cash Dividend, Payable on July 15, 2022Chicony Electronics Co., Ltd. announced cash dividend of TWD 4,586,263,168 with ex-rights (ex-dividend) trading date is June 16, 2022, ex-rights (ex-dividend) record date as June 22, 2022 and Cash dividend for common shares is scheduled to be paid on July 15, 2022.Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jia-Siang Chu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 13Chicony Electronics Co., Ltd. Appoints Huang,Chien-Yu as COOChicony Electronics Co., Ltd. appointed Huang,Chien-Yu, General Manager of the IPD BU of Chicony Electronics Co., Ltd. as new COO. Effective date is May 12, 2022.Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$2.41 (up from NT$2.23 in 1Q 2021). Revenue: NT$28.8b (up 15% from 1Q 2021). Net income: NT$1.71b (up 8.9% from 1Q 2021). Profit margin: 5.9% (down from 6.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 8.5%, compared to a 7.1% growth forecast for the industry in Taiwan. 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 4% per year.Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$8.71 (up from NT$7.80 in FY 2020). Revenue: NT$107.5b (up 13% from FY 2020). Net income: NT$6.15b (up 13% from FY 2020). Profit margin: 5.7% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 13%, compared to a 8.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$2.25 (vs NT$2.55 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$27.3b (up 3.5% from 3Q 2020). Net income: NT$1.60b (down 11% from 3Q 2020). Profit margin: 5.8% (down from 6.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.87 (vs NT$3.40 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$25.3b (flat on 2Q 2020). Net income: NT$1.32b (down 45% from 2Q 2020). Profit margin: 5.2% (down from 9.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 15% 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 • May 07First quarter 2021 earnings released: EPS NT$2.23 (vs NT$0.057 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$25.1b (up 39% from 1Q 2020). Net income: NT$1.57b (up NT$1.53b from 1Q 2020). Profit margin: 6.2% (up from 0.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 19Returns on Capital Paint A Bright Future For Chicony Electronics (TPE:2385)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$89.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 53% over the past three years.Upcoming Dividend • Apr 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 April 2021. Payment date: 12 May 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (4.3%).Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$7.80 (vs NT$8.45 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$95.1b (up 2.7% from FY 2019). Net income: NT$5.47b (down 6.4% from FY 2019). Profit margin: 5.7% (down from 6.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.分析記事 • Mar 30Is Chicony Electronics Co., Ltd. (TPE:2385) A Smart Choice For Dividend Investors?Could Chicony Electronics Co., Ltd. ( TPE:2385 ) be an attractive dividend share to own for the long haul? Investors...分析記事 • Mar 15These 4 Measures Indicate That Chicony Electronics (TPE:2385) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...財務状況分析短期負債: 2385の 短期資産 ( NT$79.9B ) が 短期負債 ( NT$58.3B ) を超えています。長期負債: 2385の短期資産 ( NT$79.9B ) が 長期負債 ( NT$766.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 2385総負債よりも多くの現金を保有しています。負債の削減: 2385の負債対資本比率は、過去 5 年間で2%から29.1%に増加しました。債務返済能力: 2385の負債は 営業キャッシュフロー によって 十分にカバー されています ( 26.4% )。インタレストカバレッジ: 2385支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/05/27 05:35終値2026/05/27 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Chicony Electronics Co., Ltd. 3 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。15 アナリスト機関Wayne DongBarclaysJames WangBofA Global ResearchMeizhen WangCapital Securities Corporation12 その他のアナリストを表示
分析記事 • Mar 06These 4 Measures Indicate That Chicony Electronics (TWSE:2385) Is Using Debt SafelyThe 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 27Chicony Electronics (TWSE:2385) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Aug 13Is Chicony Electronics (TWSE:2385) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Apr 16Chicony Electronics (TWSE:2385) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Mar 15These 4 Measures Indicate That Chicony Electronics (TPE:2385) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Major Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$100.7b to NT$96.3b. EPS estimate also fell from NT$10.42 per share to NT$9.21 per share. Net income forecast to grow 13% next year vs 42% growth forecast for Tech industry in Taiwan. Consensus price target broadly unchanged at NT$147. Share price fell 5.9% to NT$127 over the past week.
Reported Earnings • May 12First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$2.00 (down from NT$2.19 in 1Q 2025). Revenue: NT$22.9b (down 1.8% from 1Q 2025). Net income: NT$1.46b (down 8.6% from 1Q 2025). Profit margin: 6.4% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. 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 10% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 12Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$9.05 (down from NT$12.43 in FY 2024). Revenue: NT$95.7b (down 5.7% from FY 2024). Net income: NT$6.58b (down 27% from FY 2024). Profit margin: 6.9% (down from 8.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Mar 12Dividend reduced to NT$7.20Dividend of NT$7.20 is 28% lower than last year. Ex-date: 15th June 2026 Payment date: 10th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (121% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
Price Target Changed • Mar 11Price target decreased by 8.8% to NT$145Down from NT$159, the current price target is an average from 4 analysts. New target price is 16% above last closing price of NT$125. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$10.23 for next year compared to NT$12.43 last year.
お知らせ • Mar 11+ 1 more updateChicony Electronics Co., Ltd., Annual General Meeting, May 28, 2026Chicony Electronics Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan
Price Target Changed • Mar 08Price target decreased by 11% to NT$152Down from NT$170, the current price target is an average from 4 analysts. New target price is 21% above last closing price of NT$126. Stock is down 26% over the past year. The company is forecast to post earnings per share of NT$10.23 for next year compared to NT$12.43 last year.
Buy Or Sell Opportunity • Jan 08Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to NT$117. The fair value is estimated to be NT$96.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years.
Buy Or Sell Opportunity • Dec 19Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to NT$116. The fair value is estimated to be NT$95.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 7.3%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$2.87 (vs NT$3.29 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.87 (down from NT$3.29 in 3Q 2024). Revenue: NT$24.8b (down 11% from 3Q 2024). Net income: NT$2.09b (down 13% from 3Q 2024). Profit margin: 8.4% (down from 8.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Oct 03Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Earnings per share has grown by 8.6%. Revenue is forecast to grow by 0.8% in a year. Earnings are forecast to decline by 3.7% in the next year.
Price Target Changed • Aug 11Price target decreased by 7.5% to NT$170Down from NT$184, the current price target is an average from 5 analysts. New target price is 26% above last closing price of NT$135. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$10.58 for next year compared to NT$12.43 last year.
Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: NT$2.96 (vs NT$3.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.96 (down from NT$3.40 in 2Q 2024). Revenue: NT$24.5b (flat on 2Q 2024). Net income: NT$2.15b (down 13% from 2Q 2024). Profit margin: 8.8% (down from 10.0% in 2Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$138. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 9.8%. Revenue is forecast to grow by 5.3% in a year. Earnings are forecast to decline by 1.0% in the next year.
Upcoming Dividend • Jun 10Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio and cash payout ratio are on the higher end at 82% and 76% respectively. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.8%).
Reported Earnings • May 08First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$2.19 (down from NT$2.42 in 1Q 2024). Revenue: NT$23.3b (up 1.9% from 1Q 2024). Net income: NT$1.59b (down 9.6% from 1Q 2024). Profit margin: 6.8% (down from 7.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Apr 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to NT$128. The fair value is estimated to be NT$164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$164 per share.
分析記事 • Mar 25Chicony Electronics Co., Ltd.'s (TWSE:2385) Share Price Is Matching Sentiment Around Its EarningsChicony Electronics Co., Ltd.'s ( TWSE:2385 ) price-to-earnings (or "P/E") ratio of 13.6x might make it look like a buy...
Declared Dividend • Mar 07Dividend of NT$10.00 announcedShareholders will receive a dividend of NT$10.00. Ex-date: 17th June 2025 Payment date: 11th July 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Mar 06These 4 Measures Indicate That Chicony Electronics (TWSE:2385) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 06+ 2 more updatesChicony Electronics Co., Ltd., Annual General Meeting, May 28, 2025Chicony Electronics Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan
分析記事 • Feb 17Chicony Electronics Co., Ltd.'s (TWSE:2385) Intrinsic Value Is Potentially 96% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Chicony Electronics fair value estimate is NT$315 Chicony...
分析記事 • Jan 20Here's Why We Think Chicony Electronics (TWSE:2385) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Jan 06Chicony Electronics (TWSE:2385) Knows How To Allocate CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Nov 27Chicony Electronics (TWSE:2385) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Nov 10Chicony Electronics Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowChicony Electronics Co., Ltd. ( TWSE:2385 ) shareholders are probably feeling a little disappointed, since its shares...
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: NT$14.92 loss per share (down from NT$2.94 profit in 3Q 2023). Revenue: NT$27.7b (up 7.4% from 3Q 2023). Net loss: NT$10.9b (down NT$13.0b from profit in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Nov 06Now 22% undervaluedOver the last 90 days, the stock has risen 1.3% to NT$154. The fair value is estimated to be NT$196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 11% in the next year.
お知らせ • Oct 29Chicony Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chicony Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
分析記事 • Oct 08Investors Aren't Buying Chicony Electronics Co., Ltd.'s (TWSE:2385) EarningsChicony Electronics Co., Ltd.'s ( TWSE:2385 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy...
分析記事 • Sep 24Capital Investments At Chicony Electronics (TWSE:2385) Point To A Promising FutureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Buy Or Sell Opportunity • Sep 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to NT$158. The fair value is estimated to be NT$197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 13% in the next year.
分析記事 • Sep 11Estimating The Intrinsic Value Of Chicony Electronics Co., Ltd. (TWSE:2385)Key Insights Chicony Electronics' estimated fair value is NT$197 based on 2 Stage Free Cash Flow to Equity Chicony...
分析記事 • Aug 28If EPS Growth Is Important To You, Chicony Electronics (TWSE:2385) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Buy Or Sell Opportunity • Aug 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$157. The fair value is estimated to be NT$197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$3.40 (up from NT$2.50 in 2Q 2023). Revenue: NT$24.7b (down 2.7% from 2Q 2023). Net income: NT$2.47b (up 37% from 2Q 2023). Profit margin: 10.0% (up from 7.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 13Is Chicony Electronics (TWSE:2385) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Aug 10Price target decreased by 9.1% to NT$218Down from NT$240, the current price target is an average from 5 analysts. New target price is 41% above last closing price of NT$155. Stock is up 53% over the past year. The company is forecast to post earnings per share of NT$12.61 for next year compared to NT$10.35 last year.
Buy Or Sell Opportunity • Aug 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to NT$145. The fair value is estimated to be NT$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
お知らせ • Jul 27Chicony Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Chicony Electronics Co., Ltd. announced that they will report Q2, 2024 results at 9:00 AM, Taipei Standard Time on Aug 07, 2024
Upcoming Dividend • Jun 11Upcoming dividend of NT$7.80 per shareEligible shareholders must have bought the stock before 18 June 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).
分析記事 • Jun 06Chicony Electronics Co., Ltd. (TWSE:2385) Doing What It Can To Lift SharesWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...
分析記事 • May 21Chicony Electronics' (TWSE:2385) Shareholders Will Receive A Bigger Dividend Than Last YearChicony Electronics Co., Ltd. ( TWSE:2385 ) has announced that it will be increasing its dividend from last year's...
分析記事 • May 09Chicony Electronics Co., Ltd. Just Beat EPS By 5.5%: Here's What Analysts Think Will Happen NextThe quarterly results for Chicony Electronics Co., Ltd. ( TWSE:2385 ) were released last week, making it a good time to...
Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$2.42 (up from NT$2.05 in 1Q 2023). Revenue: NT$22.8b (flat on 1Q 2023). Net income: NT$1.76b (up 20% from 1Q 2023). Profit margin: 7.7% (up from 6.5% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 02Chicony Electronics (TWSE:2385) Will Pay A Larger Dividend Than Last Year At NT$7.80The board of Chicony Electronics Co., Ltd. ( TWSE:2385 ) has announced that it will be paying its dividend of NT$7.80...
Declared Dividend • May 02Dividend increased to NT$7.80Dividend of NT$7.80 is 4.0% higher than last year. Ex-date: 18th June 2024 Payment date: 12th July 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 28Chicony Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Chicony Electronics Co., Ltd. announced that they will report Q1, 2024 results on May 06, 2024
お知らせ • Apr 18Chicony Electronics Co., Ltd. Announces Cash Dividend for the Year 2023Chicony Electronics Co., Ltd. announced that appropriations of earnings in cash dividends to shareholders: TWD 7.8 per share. Total amount of cash distributed to shareholders: TWD 5,928,414,742.
分析記事 • Apr 16Chicony Electronics (TWSE:2385) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Mar 29Chicony Electronics (TWSE:2385) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDespite posting healthy earnings, Chicony Electronics Co., Ltd.'s ( TWSE:2385 ) stock has been quite weak. Along with...
分析記事 • Mar 17Chicony Electronics Co., Ltd. (TWSE:2385) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$262Investors in Chicony Electronics Co., Ltd. ( TWSE:2385 ) had a good week, as its shares rose 7.8% to close at NT$241...
Reported Earnings • Mar 15Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.35 (up from NT$10.26 in FY 2022). Revenue: NT$98.3b (down 15% from FY 2022). Net income: NT$7.46b (up 2.0% from FY 2022). Profit margin: 7.6% (up from 6.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Mar 14Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from NT$106.9b to NT$109.1b. EPS estimate increased from NT$11.09 to NT$12.51 per share. Net income forecast to grow 23% next year vs 32% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$172 to NT$262. Share price rose 5.5% to NT$241 over the past week.
お知らせ • Mar 13Chicony Electronics Co., Ltd., Annual General Meeting, May 30, 2024Chicony Electronics Co., Ltd., Annual General Meeting, May 30, 2024. Location: No. 69, Sec. 2, Guangfu Rd., New Taipei City Taiwan Agenda: To consider Business Report of the Company for the 2023 fiscal year; to consider Audit Report by the Audit Committee for the 2023 fiscal year; to consider Report on the distribution of remunerations to employees and directors for the 2023 fiscal year; to consider Report on earnings distribution of cash dividends for the 2023 fiscal year; and to consider other matters.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$223, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 183% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$120 per share.
New Risk • Mar 07New 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 5.8% 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. This is currently the only risk that has been identified for the company.
分析記事 • Mar 06There's Reason For Concern Over Chicony Electronics Co., Ltd.'s (TWSE:2385) Massive 36% Price JumpChicony Electronics Co., Ltd. ( TWSE:2385 ) shares have had a really impressive month, gaining 36% after a shaky period...
お知らせ • Feb 23Chicony Electronics Co., Ltd. Announces Executive ChangeChicony Electronics Co., Ltd. announced the retirement of Chang, Yu Yun as Chief Information Security Officer and appointed Hsiang, Kuo Tung, MIS Director as Chief Information Security Officer. Effective from 1 March 2024.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$190, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$118 per share.
Price Target Changed • Jan 18Price target increased by 16% to NT$162Up from NT$141, the current price target is an average from 3 analysts. New target price is 11% below last closing price of NT$182. Stock is up 112% over the past year. The company is forecast to post earnings per share of NT$10.02 for next year compared to NT$10.26 last year.
Reported Earnings • Nov 06Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$2.93 (down from NT$2.97 in 3Q 2022). Revenue: NT$25.8b (down 16% from 3Q 2022). Net income: NT$2.12b (flat on 3Q 2022). Profit margin: 8.2% (up from 6.9% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Tech industry in Taiwan. 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 13% per year.
Major Estimate Revision • Aug 14Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$111.7b to NT$98.1b. EPS estimate fell from NT$9.44 to NT$8.62 per share. Net income forecast to shrink 3.8% next year vs 13% growth forecast for Tech industry in Taiwan . Consensus price target up from NT$104 to NT$110. Share price fell 4.3% to NT$101 over the past week.
Reported Earnings • Aug 08Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$2.50 (up from NT$2.50 in 2Q 2022). Revenue: NT$25.4b (down 12% from 2Q 2022). Net income: NT$1.80b (up 1.1% from 2Q 2022). Profit margin: 7.1% (up from 6.2% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.
Buying Opportunity • Aug 02Now 22% undervaluedOver the last 90 days, the stock is up 1.3%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 4.1% in a year. Earnings is forecast to grow by 0.4% in the next year.
Buying Opportunity • Jul 13Now 21% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 4.1% in a year. Earnings is forecast to grow by 0.4% in the next year.
Price Target Changed • Jun 20Price target increased by 7.9% to NT$104Up from NT$96.58, the current price target is an average from 5 analysts. New target price is 11% above last closing price of NT$94.00. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$9.25 for next year compared to NT$10.26 last year.
Upcoming Dividend • Jun 09Upcoming dividend of NT$7.50 per share at 7.1% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).
Major Estimate Revision • May 23Consensus revenue estimates decrease by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from NT$118.7b to NT$104.4b. EPS estimate unchanged from NT$9.40 per share at last update. Tech industry in Taiwan expected to see average net income growth of 0.2% next year. Consensus price target of NT$103 unchanged from last update. Share price rose 3.5% to NT$104 over the past week.
Reported Earnings • May 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: NT$2.05 (down from NT$2.41 in 1Q 2022). Revenue: NT$22.7b (down 21% from 1Q 2022). Net income: NT$1.47b (down 14% from 1Q 2022). Profit margin: 6.5% (up from 5.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
お知らせ • May 10Chicony Electronics Co., Ltd. Appoints of the Chang,YuYun as New Chief Information Security OfficerChicony Electronics Co., Ltd. Announced the new Chief Information Security Officer. Type of personnel changed: Chief Information Security Officer. Date of occurrence of the change: 2023/05/09. Name, title, and resume of the previous position holder: Not applicable. Name, title, and resume of the new position holder: Chang,YuYun, CIO of Chicony Electronics Co., Ltd. Type of the change: Newly appointed. Reason for the change: Newly appointed.
Reported Earnings • Mar 14Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$10.26 (up from NT$8.71 in FY 2021). Revenue: NT$115.7b (up 7.7% from FY 2021). Net income: NT$7.32b (up 19% from FY 2021). Profit margin: 6.3% (up from 5.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Nov 29Chicony Electronics Co., Ltd. Announces Cash DividendChicony Electronics Co., Ltd. announced cash dividend of RMB 21,000,000.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Chia-Hsiang Chu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.97 (up from NT$2.26 in 3Q 2021). Revenue: NT$30.6b (up 12% from 3Q 2021). Net income: NT$2.12b (up 33% from 3Q 2021). Profit margin: 6.9% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: NT$2.50 (vs NT$1.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.50 (up from NT$1.87 in 2Q 2021). Revenue: NT$28.7b (up 13% from 2Q 2021). Net income: NT$1.78b (up 35% from 2Q 2021). Profit margin: 6.2% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.7%, compared to a 3.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$73.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Tech industry in Taiwan. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$62.58 per share.
お知らせ • Jun 11Chicony Electronics Co., Ltd. Approves the Election of Hsu,Kun-Tai, Lee,Tse-Ching as DirectorsChicony Electronics Co., Ltd. at its Annual General Shareholders' Meeting held on June 10, 2022, approved the election of Hsu,Kun-Tai, Lee,Tse-Ching as directors.
Upcoming Dividend • Jun 09Upcoming dividend of NT$6.10 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (6.6%).
お知らせ • May 31Chicony Electronics Co., Ltd. Announces Cash Dividend, Payable on July 15, 2022Chicony Electronics Co., Ltd. announced cash dividend of TWD 4,586,263,168 with ex-rights (ex-dividend) trading date is June 16, 2022, ex-rights (ex-dividend) record date as June 22, 2022 and Cash dividend for common shares is scheduled to be paid on July 15, 2022.
Board Change • May 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jia-Siang Chu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 13Chicony Electronics Co., Ltd. Appoints Huang,Chien-Yu as COOChicony Electronics Co., Ltd. appointed Huang,Chien-Yu, General Manager of the IPD BU of Chicony Electronics Co., Ltd. as new COO. Effective date is May 12, 2022.
Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$2.41 (up from NT$2.23 in 1Q 2021). Revenue: NT$28.8b (up 15% from 1Q 2021). Net income: NT$1.71b (up 8.9% from 1Q 2021). Profit margin: 5.9% (down from 6.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 8.5%, compared to a 7.1% growth forecast for the industry in Taiwan. 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 4% per year.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$8.71 (up from NT$7.80 in FY 2020). Revenue: NT$107.5b (up 13% from FY 2020). Net income: NT$6.15b (up 13% from FY 2020). Profit margin: 5.7% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 13%, compared to a 8.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$2.25 (vs NT$2.55 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$27.3b (up 3.5% from 3Q 2020). Net income: NT$1.60b (down 11% from 3Q 2020). Profit margin: 5.8% (down from 6.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.87 (vs NT$3.40 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$25.3b (flat on 2Q 2020). Net income: NT$1.32b (down 45% from 2Q 2020). Profit margin: 5.2% (down from 9.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 15% 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 • May 07First quarter 2021 earnings released: EPS NT$2.23 (vs NT$0.057 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$25.1b (up 39% from 1Q 2020). Net income: NT$1.57b (up NT$1.53b from 1Q 2020). Profit margin: 6.2% (up from 0.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 19Returns on Capital Paint A Bright Future For Chicony Electronics (TPE:2385)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$89.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 53% over the past three years.
Upcoming Dividend • Apr 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 April 2021. Payment date: 12 May 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (4.3%).
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$7.80 (vs NT$8.45 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$95.1b (up 2.7% from FY 2019). Net income: NT$5.47b (down 6.4% from FY 2019). Profit margin: 5.7% (down from 6.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.
分析記事 • Mar 30Is Chicony Electronics Co., Ltd. (TPE:2385) A Smart Choice For Dividend Investors?Could Chicony Electronics Co., Ltd. ( TPE:2385 ) be an attractive dividend share to own for the long haul? Investors...
分析記事 • Mar 15These 4 Measures Indicate That Chicony Electronics (TPE:2385) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...