View Past PerformanceCX Technology バランスシートの健全性財務の健全性 基準チェック /46CX Technologyの総株主資本はNT$3.2B 、総負債はNT$5.2Bで、負債比率は160.9%となります。総資産と総負債はそれぞれNT$10.4BとNT$7.2Bです。 CX Technologyの EBIT はNT$325.0Mで、利息カバレッジ比率-9.1です。現金および短期投資はNT$6.9Bです。主要情報160.86%負債資本比率NT$5.15b負債インタレスト・カバレッジ・レシオ-9.1x現金NT$6.91bエクイティNT$3.20b負債合計NT$7.19b総資産NT$10.40b財務の健全性に関する最新情報分析記事 • Sep 24These 4 Measures Indicate That CX Technology (TWSE:2415) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Apr 10CX Technology (TPE:2415) Has A Pretty Healthy Balance SheetDavid 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 • Dec 26Here's Why CX Technology (TPE:2415) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.24 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.24 in 1Q 2025). Revenue: NT$616.9m (up 14% from 1Q 2025). Net income: NT$31.1m (up 43% from 1Q 2025). Profit margin: 5.0% (up from 4.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.70b market cap, or US$84.2m).お知らせ • Mar 13CX Technology Corporation, Annual General Meeting, Jun 11, 2026CX Technology Corporation, Annual General Meeting, Jun 11, 2026. Location: 5 floor no,2-1, sec.1 chi nan rd., taipei city TaiwanNew Risk • Nov 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.33b market cap, or US$74.2m).Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.49 in 3Q 2024). Revenue: NT$621.4m (up 1.7% from 3Q 2024). Net income: NT$59.3m (up 34% from 3Q 2024). Profit margin: 9.5% (up from 7.3% in 3Q 2024). 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 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.14 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.47 (up from NT$0.14 in 2Q 2024). Revenue: NT$583.9m (up 5.2% from 2Q 2024). Net income: NT$41.9m (up 232% from 2Q 2024). Profit margin: 7.2% (up from 2.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Buy Or Sell Opportunity • Jun 16Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to NT$23.50. The fair value is estimated to be NT$19.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.6%.New Risk • Jun 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.28b market cap, or US$75.9m).Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.24 (down from NT$0.25 in 1Q 2024). Revenue: NT$538.7m (down 9.6% from 1Q 2024). Net income: NT$21.7m (down 2.5% from 1Q 2024). Profit margin: 4.0% (up from 3.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.お知らせ • May 08CX Technology Corporation to Report Q1, 2025 Results on May 15, 2025CX Technology Corporation announced that they will report Q1, 2025 results on May 15, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$21.90, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 36% over the past three years.New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 105% Dividend yield: 4.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Market cap is less than US$100m (NT$2.53b market cap, or US$76.4m).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.14 (vs NT$0.22 loss in FY 2023)Full year 2024 results: EPS: NT$1.14 (up from NT$0.22 loss in FY 2023). Revenue: NT$2.29b (up 1.1% from FY 2023). Net income: NT$102.8m (up NT$122.4m from FY 2023). Profit margin: 4.5% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% 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.お知らせ • Mar 11CX Technology Corporation, Annual General Meeting, Jun 16, 2025CX Technology Corporation, Annual General Meeting, Jun 16, 2025. Location: 3 floor no,2-1, sec.1 chi nan rd., taipei city Taiwanお知らせ • Mar 01CX Technology Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025CX Technology Corporation announced that they will report fiscal year 2024 results on Mar 10, 2025分析記事 • Nov 19We Think CX Technology's (TWSE:2415) Robust Earnings Are ConservativeThe subdued stock price reaction suggests that CX Technology Corporation's ( TWSE:2415 ) strong earnings didn't offer...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.21 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (up from NT$0.21 loss in 3Q 2023). Revenue: NT$611.1m (flat on 3Q 2023). Net income: NT$44.3m (up NT$63.7m from 3Q 2023). Profit margin: 7.3% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05CX Technology Corporation to Report Q3, 2024 Results on Nov 12, 2024CX Technology Corporation announced that they will report Q3, 2024 results on Nov 12, 2024New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.63b market cap, or US$82.5m).分析記事 • Sep 26CX Technology Corporation (TWSE:2415) Held Back By Insufficient Growth Even After Shares Climb 32%CX Technology Corporation ( TWSE:2415 ) shareholders have had their patience rewarded with a 32% share price jump in...Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$31.60, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 1.4% over the past three years.分析記事 • Sep 24These 4 Measures Indicate That CX Technology (TWSE:2415) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Aug 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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 (2.6x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.38b market cap, or US$74.3m).お知らせ • Jun 19+ 1 more updateCX Technology Corporation Approves Board AppointmentsCX Technology Corporation at its AGM held on June 18, 2024, approved elections for board of directors and supervisors: The 19th list of election for directors: Directors: Representative of Chin Cheng Investment Holding Corp. - Kwang-Chin Ting. Representative of Chin Cheng Investment Holding Corp. - Chung-Yu Wang. Representative of Chin Cheng Investment Holding Corp. - Chung-I Wang. San-Rong Li. Independent directors: Mei-Ling Lin, Yun-Ti Yang, Fun- Shyong Huang.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.18 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.25 (up from NT$0.18 loss in 1Q 2023). Revenue: NT$595.9m (up 23% from 1Q 2023). Net income: NT$22.3m (up NT$38.6m from 1Q 2023). Profit margin: 3.7% (up from net loss in 1Q 2023). 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 84 percentage points per year, which is a significant difference in performance.お知らせ • May 05CX Technology Corporation to Report Q1, 2024 Results on May 13, 2024CX Technology Corporation announced that they will report Q1, 2024 results on May 13, 2024New Risk • Mar 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.61b market cap, or US$82.1m).Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.22 loss per share (vs NT$0.013 profit in FY 2022)Full year 2023 results: NT$0.22 loss per share (down from NT$0.013 profit in FY 2022). Revenue: NT$2.26b (down 3.5% from FY 2022). Net loss: NT$19.7m (down NT$20.9m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • Mar 16CX Technology Corporation, Annual General Meeting, Jun 18, 2024CX Technology Corporation, Annual General Meeting, Jun 18, 2024. Location: 3F, No. 2-1, Section 1, Jinan Road Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit Committee's review of the 2023 annual final accounting ledgers and statements; to consider acknowledgment of the 2023 annual final accounting ledgers and statements; and to consider acknowledgment of the 2023 earnings distribution.お知らせ • Mar 01CX Technology Corporation, Annual General Meeting, Apr 17, 2024CX Technology Corporation, Annual General Meeting, Apr 17, 2024. Location: 21st Floor, Phu My Hung Tower, 08 Hoang Van Thai, Tan Phu Ward, District 7, Ho Chi Minh City, H? Chí Minh Vietnam Agenda: To consider Reported matters; to consider Acknowledged matters; to consider Matters for Discussion; to consider Election matters; to consider Other Proposals; and to consider other matters.Reported Earnings • Nov 15Third quarter 2023 earnings released: NT$0.22 loss per share (vs NT$0.62 loss in 3Q 2022)Third quarter 2023 results: NT$0.22 loss per share (improved from NT$0.62 loss in 3Q 2022). Revenue: NT$608.5m (up 23% from 3Q 2022). Net loss: NT$19.4m (loss narrowed 65% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2023 earnings released: NT$0.25 loss per share (vs NT$0.082 profit in 2Q 2022)Second quarter 2023 results: NT$0.25 loss per share (down from NT$0.082 profit in 2Q 2022). Revenue: NT$525.3m (down 14% from 2Q 2022). Net loss: NT$22.5m (down 404% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.New Risk • Jul 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.54b market cap, or US$82.0m).New Risk • Jul 12New 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 6.3% 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 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$81.7m).Upcoming Dividend • Jun 26Upcoming dividend of NT$0.65 per share at 2.7% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 28 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.01 (vs NT$2.43 in FY 2021)Full year 2022 results: EPS: NT$0.01 (down from NT$2.43 in FY 2021). Revenue: NT$2.35b (down 4.1% from FY 2021). Net income: NT$1.21m (down 99% from FY 2021). Profit margin: 0.1% (down from 8.9% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$24.35, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.29 profit in 3Q 2021)Third quarter 2022 results: NT$0.62 loss per share (down from NT$0.29 profit in 3Q 2021). Revenue: NT$496.9m (up 20% from 3Q 2021). Net loss: NT$55.7m (down 317% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.29 profit in 3Q 2021)Third quarter 2022 results: NT$0.62 loss per share (down from NT$0.29 profit in 3Q 2021). Revenue: NT$496.9m (up 20% from 3Q 2021). Net loss: NT$55.7m (down 317% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$20.05, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.Upcoming Dividend • Aug 24Upcoming dividend of NT$0.85 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 84%. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.4%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.09 (vs NT$1.12 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.09 (down from NT$1.12 in 2Q 2021). Revenue: NT$609.0m (down 18% from 2Q 2021). Net income: NT$7.40m (down 92% from 2Q 2021). Profit margin: 1.2% (down from 12% in 2Q 2021). 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 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$25.85, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$0.79 (vs NT$0.76 in 1Q 2021)First quarter 2022 results: EPS: NT$0.79 (up from NT$0.76 in 1Q 2021). Revenue: NT$741.4m (up 18% from 1Q 2021). Net income: NT$63.5m (up 5.0% from 1Q 2021). Profit margin: 8.6% (down from 9.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: NT$2.73 (up from NT$0.66 in FY 2020). Revenue: NT$2.45b (up 25% from FY 2020). Net income: NT$218.3m (up 315% from FY 2020). Profit margin: 8.9% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.3%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.32 (vs NT$0.13 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$413.9m (down 16% from 3Q 2020). Net income: NT$25.7m (up 145% from 3Q 2020). Profit margin: 6.2% (up from 2.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 32% per year.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$42.00, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 132% over the past three years.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$36.30, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 59% over the past three years.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.12 (vs NT$0.61 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$743.4m (up 127% from 2Q 2020). Net income: NT$89.4m (up NT$138.6m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 28Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 26 August 2021. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$37.85, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.76 (vs NT$0.30 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$627.7m (up 21% from 1Q 2020). Net income: NT$60.5m (up 152% from 1Q 2020). Profit margin: 9.6% (up from 4.6% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$33.55, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 81% over the past three years.分析記事 • Apr 28Is CX Technology Corporation (TPE:2415) A Smart Pick For Income Investors?Today we'll take a closer look at CX Technology Corporation ( TPE:2415 ) from a dividend investor's perspective. Owning...分析記事 • Apr 10CX Technology (TPE:2415) Has A Pretty Healthy Balance SheetDavid 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 • Mar 23Why CX Technology's (TPE:2415) Earnings Are Better Than They SeemCX Technology Corporation ( TPE:2415 ) announced a healthy earnings result recently, and the market rewarded it with a...Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$0.66 (vs NT$0.62 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.96b (down 10% from FY 2019). Net income: NT$52.7m (up 5.4% from FY 2019). Profit margin: 2.7% (up from 2.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.分析記事 • Mar 14Introducing CX Technology (TPE:2415), The Stock That Zoomed 203% In The Last YearUnless you borrow money to invest, the potential losses are limited. But if you pick the right business to buy shares...Is New 90 Day High Low • Feb 18New 90-day high: NT$39.05The company is up 143% from its price of NT$16.05 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period.分析記事 • Feb 16The Returns At CX Technology (TPE:2415) Provide Us With Signs Of What's To ComeDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...分析記事 • Jan 21Zooming in on TPE:2415's 1.5% Dividend YieldToday we'll take a closer look at CX Technology Corporation ( TPE:2415 ) from a dividend investor's perspective. Owning...Is New 90 Day High Low • Jan 14New 90-day high: NT$33.00The company is up 120% from its price of NT$15.00 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.Is New 90 Day High Low • Dec 28New 90-day high: NT$21.50The company is up 45% from its price of NT$14.85 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period.分析記事 • Dec 26Here's Why CX Technology (TPE:2415) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Nov 30CX Technology (TPE:2415) Has Compensated Shareholders With A Respectable 88% Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet...Is New 90 Day High Low • Nov 23New 90-day high: NT$16.30The company is up 2.0% from its price of NT$16.05 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.13The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins were improved. Third quarter 2020 results: Revenue: NT$490.7m (down 13% from 3Q 2019). Net income: NT$10.5m (flat on 3Q 2019). Profit margin: 2.1% (up from 1.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.財務状況分析短期負債: 2415の 短期資産 ( NT$8.7B ) が 短期負債 ( NT$6.5B ) を超えています。長期負債: 2415の短期資産 ( NT$8.7B ) が 長期負債 ( NT$695.8M ) 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: 2415総負債よりも多くの現金を保有しています。負債の削減: 2415の負債対資本比率は、過去 5 年間で124.5%から160.9%に増加しました。債務返済能力: 2415の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 2415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2026/05/22 13:26終値2026/05/22 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CX Technology Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Sep 24These 4 Measures Indicate That CX Technology (TWSE:2415) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Apr 10CX Technology (TPE:2415) Has A Pretty Healthy Balance SheetDavid 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 • Dec 26Here's Why CX Technology (TPE:2415) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.24 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.24 in 1Q 2025). Revenue: NT$616.9m (up 14% from 1Q 2025). Net income: NT$31.1m (up 43% from 1Q 2025). Profit margin: 5.0% (up from 4.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.70b market cap, or US$84.2m).
お知らせ • Mar 13CX Technology Corporation, Annual General Meeting, Jun 11, 2026CX Technology Corporation, Annual General Meeting, Jun 11, 2026. Location: 5 floor no,2-1, sec.1 chi nan rd., taipei city Taiwan
New Risk • Nov 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.33b market cap, or US$74.2m).
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.49 in 3Q 2024). Revenue: NT$621.4m (up 1.7% from 3Q 2024). Net income: NT$59.3m (up 34% from 3Q 2024). Profit margin: 9.5% (up from 7.3% in 3Q 2024). 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 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.14 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.47 (up from NT$0.14 in 2Q 2024). Revenue: NT$583.9m (up 5.2% from 2Q 2024). Net income: NT$41.9m (up 232% from 2Q 2024). Profit margin: 7.2% (up from 2.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 26Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 25 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Buy Or Sell Opportunity • Jun 16Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to NT$23.50. The fair value is estimated to be NT$19.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.6%.
New Risk • Jun 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.28b market cap, or US$75.9m).
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.24 (down from NT$0.25 in 1Q 2024). Revenue: NT$538.7m (down 9.6% from 1Q 2024). Net income: NT$21.7m (down 2.5% from 1Q 2024). Profit margin: 4.0% (up from 3.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • May 08CX Technology Corporation to Report Q1, 2025 Results on May 15, 2025CX Technology Corporation announced that they will report Q1, 2025 results on May 15, 2025
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$21.90, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 36% over the past three years.
New Risk • Mar 27New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 105% Dividend yield: 4.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Market cap is less than US$100m (NT$2.53b market cap, or US$76.4m).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.14 (vs NT$0.22 loss in FY 2023)Full year 2024 results: EPS: NT$1.14 (up from NT$0.22 loss in FY 2023). Revenue: NT$2.29b (up 1.1% from FY 2023). Net income: NT$102.8m (up NT$122.4m from FY 2023). Profit margin: 4.5% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% 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.
お知らせ • Mar 11CX Technology Corporation, Annual General Meeting, Jun 16, 2025CX Technology Corporation, Annual General Meeting, Jun 16, 2025. Location: 3 floor no,2-1, sec.1 chi nan rd., taipei city Taiwan
お知らせ • Mar 01CX Technology Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025CX Technology Corporation announced that they will report fiscal year 2024 results on Mar 10, 2025
分析記事 • Nov 19We Think CX Technology's (TWSE:2415) Robust Earnings Are ConservativeThe subdued stock price reaction suggests that CX Technology Corporation's ( TWSE:2415 ) strong earnings didn't offer...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.21 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (up from NT$0.21 loss in 3Q 2023). Revenue: NT$611.1m (flat on 3Q 2023). Net income: NT$44.3m (up NT$63.7m from 3Q 2023). Profit margin: 7.3% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05CX Technology Corporation to Report Q3, 2024 Results on Nov 12, 2024CX Technology Corporation announced that they will report Q3, 2024 results on Nov 12, 2024
New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.63b market cap, or US$82.5m).
分析記事 • Sep 26CX Technology Corporation (TWSE:2415) Held Back By Insufficient Growth Even After Shares Climb 32%CX Technology Corporation ( TWSE:2415 ) shareholders have had their patience rewarded with a 32% share price jump in...
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$31.60, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 1.4% over the past three years.
分析記事 • Sep 24These 4 Measures Indicate That CX Technology (TWSE:2415) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Aug 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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 (2.6x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.38b market cap, or US$74.3m).
お知らせ • Jun 19+ 1 more updateCX Technology Corporation Approves Board AppointmentsCX Technology Corporation at its AGM held on June 18, 2024, approved elections for board of directors and supervisors: The 19th list of election for directors: Directors: Representative of Chin Cheng Investment Holding Corp. - Kwang-Chin Ting. Representative of Chin Cheng Investment Holding Corp. - Chung-Yu Wang. Representative of Chin Cheng Investment Holding Corp. - Chung-I Wang. San-Rong Li. Independent directors: Mei-Ling Lin, Yun-Ti Yang, Fun- Shyong Huang.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.18 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.25 (up from NT$0.18 loss in 1Q 2023). Revenue: NT$595.9m (up 23% from 1Q 2023). Net income: NT$22.3m (up NT$38.6m from 1Q 2023). Profit margin: 3.7% (up from net loss in 1Q 2023). 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 84 percentage points per year, which is a significant difference in performance.
お知らせ • May 05CX Technology Corporation to Report Q1, 2024 Results on May 13, 2024CX Technology Corporation announced that they will report Q1, 2024 results on May 13, 2024
New Risk • Mar 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.61b market cap, or US$82.1m).
Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.22 loss per share (vs NT$0.013 profit in FY 2022)Full year 2023 results: NT$0.22 loss per share (down from NT$0.013 profit in FY 2022). Revenue: NT$2.26b (down 3.5% from FY 2022). Net loss: NT$19.7m (down NT$20.9m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 16CX Technology Corporation, Annual General Meeting, Jun 18, 2024CX Technology Corporation, Annual General Meeting, Jun 18, 2024. Location: 3F, No. 2-1, Section 1, Jinan Road Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit Committee's review of the 2023 annual final accounting ledgers and statements; to consider acknowledgment of the 2023 annual final accounting ledgers and statements; and to consider acknowledgment of the 2023 earnings distribution.
お知らせ • Mar 01CX Technology Corporation, Annual General Meeting, Apr 17, 2024CX Technology Corporation, Annual General Meeting, Apr 17, 2024. Location: 21st Floor, Phu My Hung Tower, 08 Hoang Van Thai, Tan Phu Ward, District 7, Ho Chi Minh City, H? Chí Minh Vietnam Agenda: To consider Reported matters; to consider Acknowledged matters; to consider Matters for Discussion; to consider Election matters; to consider Other Proposals; and to consider other matters.
Reported Earnings • Nov 15Third quarter 2023 earnings released: NT$0.22 loss per share (vs NT$0.62 loss in 3Q 2022)Third quarter 2023 results: NT$0.22 loss per share (improved from NT$0.62 loss in 3Q 2022). Revenue: NT$608.5m (up 23% from 3Q 2022). Net loss: NT$19.4m (loss narrowed 65% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2023 earnings released: NT$0.25 loss per share (vs NT$0.082 profit in 2Q 2022)Second quarter 2023 results: NT$0.25 loss per share (down from NT$0.082 profit in 2Q 2022). Revenue: NT$525.3m (down 14% from 2Q 2022). Net loss: NT$22.5m (down 404% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
New Risk • Jul 16New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.54b market cap, or US$82.0m).
New Risk • Jul 12New 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 6.3% 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 6.2% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$81.7m).
Upcoming Dividend • Jun 26Upcoming dividend of NT$0.65 per share at 2.7% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 28 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.01 (vs NT$2.43 in FY 2021)Full year 2022 results: EPS: NT$0.01 (down from NT$2.43 in FY 2021). Revenue: NT$2.35b (down 4.1% from FY 2021). Net income: NT$1.21m (down 99% from FY 2021). Profit margin: 0.1% (down from 8.9% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$24.35, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.29 profit in 3Q 2021)Third quarter 2022 results: NT$0.62 loss per share (down from NT$0.29 profit in 3Q 2021). Revenue: NT$496.9m (up 20% from 3Q 2021). Net loss: NT$55.7m (down 317% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.29 profit in 3Q 2021)Third quarter 2022 results: NT$0.62 loss per share (down from NT$0.29 profit in 3Q 2021). Revenue: NT$496.9m (up 20% from 3Q 2021). Net loss: NT$55.7m (down 317% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$20.05, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Upcoming Dividend • Aug 24Upcoming dividend of NT$0.85 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 84%. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.4%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.09 (vs NT$1.12 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.09 (down from NT$1.12 in 2Q 2021). Revenue: NT$609.0m (down 18% from 2Q 2021). Net income: NT$7.40m (down 92% from 2Q 2021). Profit margin: 1.2% (down from 12% in 2Q 2021). 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 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$25.85, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$0.79 (vs NT$0.76 in 1Q 2021)First quarter 2022 results: EPS: NT$0.79 (up from NT$0.76 in 1Q 2021). Revenue: NT$741.4m (up 18% from 1Q 2021). Net income: NT$63.5m (up 5.0% from 1Q 2021). Profit margin: 8.6% (down from 9.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 16Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: NT$2.73 (up from NT$0.66 in FY 2020). Revenue: NT$2.45b (up 25% from FY 2020). Net income: NT$218.3m (up 315% from FY 2020). Profit margin: 8.9% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.3%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.32 (vs NT$0.13 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$413.9m (down 16% from 3Q 2020). Net income: NT$25.7m (up 145% from 3Q 2020). Profit margin: 6.2% (up from 2.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 32% per year.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$42.00, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 132% over the past three years.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$36.30, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.12 (vs NT$0.61 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$743.4m (up 127% from 2Q 2020). Net income: NT$89.4m (up NT$138.6m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 28Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 26 August 2021. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$54.40, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$37.85, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.76 (vs NT$0.30 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$627.7m (up 21% from 1Q 2020). Net income: NT$60.5m (up 152% from 1Q 2020). Profit margin: 9.6% (up from 4.6% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$33.55, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 81% over the past three years.
分析記事 • Apr 28Is CX Technology Corporation (TPE:2415) A Smart Pick For Income Investors?Today we'll take a closer look at CX Technology Corporation ( TPE:2415 ) from a dividend investor's perspective. Owning...
分析記事 • Apr 10CX Technology (TPE:2415) Has A Pretty Healthy Balance SheetDavid 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 • Mar 23Why CX Technology's (TPE:2415) Earnings Are Better Than They SeemCX Technology Corporation ( TPE:2415 ) announced a healthy earnings result recently, and the market rewarded it with a...
Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$0.66 (vs NT$0.62 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.96b (down 10% from FY 2019). Net income: NT$52.7m (up 5.4% from FY 2019). Profit margin: 2.7% (up from 2.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
分析記事 • Mar 14Introducing CX Technology (TPE:2415), The Stock That Zoomed 203% In The Last YearUnless you borrow money to invest, the potential losses are limited. But if you pick the right business to buy shares...
Is New 90 Day High Low • Feb 18New 90-day high: NT$39.05The company is up 143% from its price of NT$16.05 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period.
分析記事 • Feb 16The Returns At CX Technology (TPE:2415) Provide Us With Signs Of What's To ComeDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
分析記事 • Jan 21Zooming in on TPE:2415's 1.5% Dividend YieldToday we'll take a closer look at CX Technology Corporation ( TPE:2415 ) from a dividend investor's perspective. Owning...
Is New 90 Day High Low • Jan 14New 90-day high: NT$33.00The company is up 120% from its price of NT$15.00 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.
Is New 90 Day High Low • Dec 28New 90-day high: NT$21.50The company is up 45% from its price of NT$14.85 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period.
分析記事 • Dec 26Here's Why CX Technology (TPE:2415) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Nov 30CX Technology (TPE:2415) Has Compensated Shareholders With A Respectable 88% Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet...
Is New 90 Day High Low • Nov 23New 90-day high: NT$16.30The company is up 2.0% from its price of NT$16.05 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.13The company reported a mediocre third quarter result with weaker revenues, although earnings were flat and profit margins were improved. Third quarter 2020 results: Revenue: NT$490.7m (down 13% from 3Q 2019). Net income: NT$10.5m (flat on 3Q 2019). Profit margin: 2.1% (up from 1.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.