View Past PerformanceChaintech Technology バランスシートの健全性財務の健全性 基準チェック /66Chaintech Technologyの総株主資本はNT$2.9B 、総負債はNT$0.0で、負債比率は0%となります。総資産と総負債はそれぞれNT$5.0BとNT$2.2Bです。主要情報0%負債資本比率NT$0負債インタレスト・カバレッジ・レシオn/a現金NT$1.02bエクイティNT$2.87b負債合計NT$2.16b総資産NT$5.04b財務の健全性に関する最新情報分析記事 • Aug 07Chaintech Technology (TWSE:2425) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Apr 04Is Chaintech Technology (TPE:2425) Using Too Much Debt?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 • Dec 27We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With EaseWarren 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 • Mar 14Full year 2025 earnings released: NT$1.81 loss per share (vs NT$0.15 profit in FY 2024)Full year 2025 results: NT$1.81 loss per share (down from NT$0.15 profit in FY 2024). Revenue: NT$3.11b (up 2.2% from FY 2024). Net loss: NT$175.7m (down NT$189.8m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.お知らせ • Mar 09Chaintech Technology Corporation, Annual General Meeting, Jun 16, 2026Chaintech Technology Corporation, Annual General Meeting, Jun 16, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.053 (vs NT$0.43 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.053 (up from NT$0.43 loss in 3Q 2024). Revenue: NT$775.2m (down 11% from 3Q 2024). Net income: NT$5.17m (up NT$46.6m from 3Q 2024). Profit margin: 0.7% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance.New Risk • Sep 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.01b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.01b market cap, or US$99.2m).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.98 loss per share (vs NT$0.23 profit in 2Q 2024)Second quarter 2025 results: NT$1.98 loss per share (down from NT$0.23 profit in 2Q 2024). Revenue: NT$816.1m (up 3.4% from 2Q 2024). Net loss: NT$191.3m (down NT$213.4m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.Declared Dividend • Jun 22Dividend reduced to NT$0.15Dividend of NT$0.15 is 67% lower than last year. Ex-date: 8th July 2025 Payment date: 31st July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 3.0%.お知らせ • Jun 21+ 2 more updatesChaintech Technology Corporation Announces Compensation and Remuneration Committee Changes, Effective June 20, 2025Chaintech Technology Corporation announced the approval of new appointment of members to the 7th compensation and numeration committee by the board of directors. Resume of the previous position holder: TANG, HAN-YU:Independent Director of Chaintech. CHEN, KUO-CHIN:Independent Director of Chaintech. YANG, HSIN-YING:Independent Director of Chaintech. WEI, CHI-FENG:Independent Director of Chaintech. Resume of the new position holder: Hsu Sheng Chin:WIN-WAY ADVANCE TECHNOLOGY LTD. Chairperson YEH, CHIA-CHIN:JDX Technology co. Ltd. Chairperson YANG, HSIN-YING:Independent Director of Chaintech WEI, CHI-FENG:Independent Director of Chaintech Original term: June 15, 2022 to June 14, 2025. Effective date of the new member: June 20, 2025.New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Apr 29Chaintech Technology Corporation to Report Q1, 2025 Results on May 06, 2025Chaintech Technology Corporation announced that they will report Q1, 2025 results on May 06, 2025New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.15 (vs NT$1.68 in FY 2023)Full year 2024 results: EPS: NT$0.15 (down from NT$1.68 in FY 2023). Revenue: NT$3.04b (down 55% from FY 2023). Net income: NT$14.1m (down 91% from FY 2023). Profit margin: 0.5% (down from 2.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Mar 13Chaintech Technology Corporation, Annual General Meeting, Jun 20, 2025Chaintech Technology Corporation, Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwanお知らせ • Mar 04Chaintech Technology Corporation to Report Q4, 2024 Results on Mar 11, 2025Chaintech Technology Corporation announced that they will report Q4, 2024 results on Mar 11, 2025New Risk • Dec 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$3.25b market cap, or US$99.4m).分析記事 • Nov 21We Think That There Are More Issues For Chaintech Technology (TWSE:2425) Than Just Sluggish EarningsA lackluster earnings announcement from Chaintech Technology Corporation ( TWSE:2425 ) last week didn't sink the stock...Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.44 loss per share (vs NT$0.86 profit in 3Q 2023)Third quarter 2024 results: NT$0.44 loss per share (down from NT$0.86 profit in 3Q 2023). Revenue: NT$872.4m (down 63% from 3Q 2023). Net loss: NT$41.4m (down 150% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Oct 29Chaintech Technology Corporation to Report Q3, 2024 Results on Nov 05, 2024Chaintech Technology Corporation announced that they will report Q3, 2024 results on Nov 05, 2024Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$51.20, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 129% over the past three years.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$49.20, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 104% over the past three years.分析記事 • Aug 29Chaintech Technology Corporation's (TWSE:2425) Shares Climb 30% But Its Business Is Yet to Catch UpChaintech Technology Corporation ( TWSE:2425 ) shares have had a really impressive month, gaining 30% after a shaky...New Risk • Aug 28New 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$35.85, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.22 (vs NT$0.63 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.22 (down from NT$0.63 in 2Q 2023). Revenue: NT$789.2m (down 47% from 2Q 2023). Net income: NT$22.1m (down 64% from 2Q 2023). Profit margin: 2.8% (down from 4.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.分析記事 • Aug 07Chaintech Technology (TWSE:2425) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$28.10, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 6.9% over the past three years.お知らせ • Jul 31Chaintech Technology Corporation to Report Q2, 2024 Results on Aug 07, 2024Chaintech Technology Corporation announced that they will report Q2, 2024 results on Aug 07, 2024New Risk • Jul 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$3.25b market cap, or US$98.8m).分析記事 • Jul 01Chaintech Technology's (TWSE:2425) Dividend Will Be Reduced To NT$0.45Chaintech Technology Corporation ( TWSE:2425 ) has announced that on 31st of July, it will be paying a dividend...分析記事 • Jun 17Chaintech Technology's (TWSE:2425) Shareholders Will Receive A Smaller Dividend Than Last YearChaintech Technology Corporation ( TWSE:2425 ) has announced that on 31st of July, it will be paying a dividend...Declared Dividend • Jun 17Dividend reduced to NT$0.45Dividend of NT$0.45 is 44% lower than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 70% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.3% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$43.85, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 53% over the past three years.分析記事 • May 21Chaintech Technology's (TWSE:2425) Soft Earnings Don't Show The Whole PictureShareholders appeared unconcerned with Chaintech Technology Corporation's ( TWSE:2425 ) lackluster earnings report last...Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.35 in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (down from NT$0.35 in 1Q 2023). Revenue: NT$1.18b (down 1.6% from 1Q 2023). Net income: NT$32.3m (down 4.4% from 1Q 2023). Profit margin: 2.7% (down from 2.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.お知らせ • Apr 28Chaintech Technology Corporation to Report Q1, 2024 Results on May 03, 2024Chaintech Technology Corporation announced that they will report Q1, 2024 results on May 03, 2024Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$37.80, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 15% over the past three years.New Risk • Apr 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin).Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.68 (vs NT$3.32 in FY 2022)Full year 2023 results: EPS: NT$1.68 (down from NT$3.32 in FY 2022). Revenue: NT$6.82b (up 10% from FY 2022). Net income: NT$161.9m (down 50% from FY 2022). Profit margin: 2.4% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Chaintech Technology Corporation, Annual General Meeting, Jun 14, 2024Chaintech Technology Corporation, Annual General Meeting, Jun 14, 2024. Location: 2F. No. 223, Sec. 3, Beiyi Rd.,Taipei Taipei City Taiwan Agenda: To consider the 2023 Business Report and Financial Statements; to consider the audit committee review the 2023 final accounts report; to consider the 2023 report on remuneration of employees and directors; to ratify the 2023 Business Report and Financial Statements; and to ratify the proposal for distribution of 2023 profits.New Risk • Feb 16New 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin).New Risk • Nov 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$47.25, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 99% over the past three years.Upcoming Dividend • Jun 28Upcoming dividend of NT$0.80 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 50% over the past three years.お知らせ • May 06Chaintech Technology Corporation Announces Cash Dividend for the Year Ended December 31, 2022Chaintech Technology Corporation announced appropriations of earnings in cash dividends to shareholders of TWD 0.8 per share for the year ended December 31, 2022. Total amount of cash distributed to shareholders is TWD 77,199,064.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$3.32 (vs NT$1.27 in FY 2021)Full year 2022 results: EPS: NT$3.32 (up from NT$1.27 in FY 2021). Revenue: NT$6.20b (down 4.9% from FY 2021). Net income: NT$320.4m (up 162% from FY 2021). Profit margin: 5.2% (up from 1.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$36.60, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 26% over the past three years.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Kuo-Chin Chen was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.50 (vs NT$0.40 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.50 (up from NT$0.40 in 3Q 2021). Revenue: NT$1.62b (down 8.3% from 3Q 2021). Net income: NT$144.7m (up 279% from 3Q 2021). Profit margin: 8.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Oct 12Chaintech Technology Corporation, Annual General Meeting, Oct 11, 2022Chaintech Technology Corporation, Annual General Meeting, Oct 11, 2022. Agenda: To consider Profit distribution/ deficit compensation acknowledged the 2021 profit distribution; to Approve the amendments to the Articles of Incorporation; to acknowledged the 2021 business report and financial statements; and to consider other matters.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.31 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.05 (up from NT$0.31 loss in 2Q 2021). Revenue: NT$1.63b (up 4.6% from 2Q 2021). Net income: NT$101.4m (up NT$131.6m from 2Q 2021). Profit margin: 6.2% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Aug 05Chaintech Technology Corporation Announces the Approval of New Appointment of Members to the Compensation and Numeration Committee by the Board of DirectorsChaintech Technology Corporation announced the approval of new appointment of members to the compensation and numeration committee by the board of directors. Name of the new position holder: (1) TANG, HAN-YU; (2) CHEN, KUO-CHIN; (3) YANG, HSIN-YING; (4) WEI, CHI-FENG. Resume of the new position holder: (1) TANG, HAN-YU:VIA Next Technologies Inc. Account VP and GM of China (Independent Director of Chaintech); (2) CHEN, KUO-CHIN:Timing international Group Full-time Consultant and Lecturer (Independent Director of Chaintech); (3) YANG, HSIN-YING:Shun On Electronic Co. Ltd. Independent Director (Independent Director of Chaintech); (4)WEI, CHI-FENG:Emptech Co. Ltd. Chairperson (Independent Director of Chaintech). Effective date of the new member is August 4, 2022.Upcoming Dividend • Jun 24Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 01 July 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (7.2%).Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$0.71 (vs NT$0.51 in 1Q 2021)First quarter 2022 results: EPS: NT$0.71 (up from NT$0.51 in 1Q 2021). Revenue: NT$1.45b (up 19% from 1Q 2021). Net income: NT$69.0m (up 40% from 1Q 2021). Profit margin: 4.7% (up from 4.0% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Kuo-Chin Chen was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$1.27 (vs NT$1.51 in FY 2020)Full year 2021 results: EPS: NT$1.27 (down from NT$1.51 in FY 2020). Revenue: NT$6.52b (up 40% from FY 2020). Net income: NT$122.2m (down 16% from FY 2020). Profit margin: 1.9% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.48 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$1.77b (up 13% from 3Q 2020). Net income: NT$38.2m (down 17% from 3Q 2020). Profit margin: 2.2% (down from 2.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.46 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$1.55b (up 52% from 2Q 2020). Net loss: NT$30.2m (down 168% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Aug 06Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 10 September 2021. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.2%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.008 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.22b (up 143% from 1Q 2020). Net income: NT$49.2m (up NT$50.0m from 1Q 2020). Profit margin: 4.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings.分析記事 • Apr 04Is Chaintech Technology (TPE:2425) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.51 (vs NT$1.15 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$4.67b (down 1.4% from FY 2019). Net income: NT$145.9m (up 26% from FY 2019). Profit margin: 3.1% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$35.40, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 17x in the Tech industry in Taiwan. Total returns to shareholders of 21% over the past three years.分析記事 • Mar 14Our Take On The Returns On Capital At Chaintech Technology (TPE:2425)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Feb 22Update: Chaintech Technology (TPE:2425) Stock Gained 27% In The Last Five YearsWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...Is New 90 Day High Low • Feb 05New 90-day low: NT$26.10The company is down 14% from its price of NT$30.35 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 12% over the same period.分析記事 • Feb 04Is Chaintech Technology Corporation's (TPE:2425) Stock On A Downtrend As A Result Of Its Poor Financials?Chaintech Technology (TPE:2425) has had a rough three months with its share price down 13%. Given that stock prices are...分析記事 • Jan 20Do Investors Have Good Reason To Be Wary Of Chaintech Technology Corporation's (TPE:2425) 1.1% Dividend Yield?Is Chaintech Technology Corporation ( TPE:2425 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Jan 20New 90-day low: NT$26.50The company is down 10.0% from its price of NT$29.45 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 14% over the same period.分析記事 • Dec 27We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Dec 12What Do The Returns On Capital At Chaintech Technology (TPE:2425) Tell Us?To 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 26Are Chaintech Technology's (TPE:2425) Statutory Earnings A Good Guide To Its Underlying Profitability?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.48The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.57b (up 30% from 3Q 2019). Net income: NT$45.9m (down 26% from 3Q 2019). Profit margin: 2.9% (down from 5.1% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Nov 06New 90-day high: NT$30.35The company is up 24% from its price of NT$24.40 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 13New 90-day high: NT$27.40The company is up 11% from its price of NT$24.70 on 15 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 1.0% over the same period.財務状況分析短期負債: 2425の 短期資産 ( NT$4.9B ) が 短期負債 ( NT$2.1B ) を超えています。長期負債: 2425の短期資産 ( NT$4.9B ) が 長期負債 ( NT$92.2M ) 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: 2425は負債がありません。負債の削減: 2425負債比率が20.8%であった 5 年前と比べて負債がありません。債務返済能力: 2425には負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: 2425には負債がないため、利息支払い の負担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2026/05/11 20:29終値2026/05/11 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Chaintech 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。1 アナリスト機関null nullCapital Securities Corporation
分析記事 • Aug 07Chaintech Technology (TWSE:2425) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Apr 04Is Chaintech Technology (TPE:2425) Using Too Much Debt?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 • Dec 27We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Mar 14Full year 2025 earnings released: NT$1.81 loss per share (vs NT$0.15 profit in FY 2024)Full year 2025 results: NT$1.81 loss per share (down from NT$0.15 profit in FY 2024). Revenue: NT$3.11b (up 2.2% from FY 2024). Net loss: NT$175.7m (down NT$189.8m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 09Chaintech Technology Corporation, Annual General Meeting, Jun 16, 2026Chaintech Technology Corporation, Annual General Meeting, Jun 16, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.053 (vs NT$0.43 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.053 (up from NT$0.43 loss in 3Q 2024). Revenue: NT$775.2m (down 11% from 3Q 2024). Net income: NT$5.17m (up NT$46.6m from 3Q 2024). Profit margin: 0.7% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance.
New Risk • Sep 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.01b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.01b market cap, or US$99.2m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.98 loss per share (vs NT$0.23 profit in 2Q 2024)Second quarter 2025 results: NT$1.98 loss per share (down from NT$0.23 profit in 2Q 2024). Revenue: NT$816.1m (up 3.4% from 2Q 2024). Net loss: NT$191.3m (down NT$213.4m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.
Declared Dividend • Jun 22Dividend reduced to NT$0.15Dividend of NT$0.15 is 67% lower than last year. Ex-date: 8th July 2025 Payment date: 31st July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 3.0%.
お知らせ • Jun 21+ 2 more updatesChaintech Technology Corporation Announces Compensation and Remuneration Committee Changes, Effective June 20, 2025Chaintech Technology Corporation announced the approval of new appointment of members to the 7th compensation and numeration committee by the board of directors. Resume of the previous position holder: TANG, HAN-YU:Independent Director of Chaintech. CHEN, KUO-CHIN:Independent Director of Chaintech. YANG, HSIN-YING:Independent Director of Chaintech. WEI, CHI-FENG:Independent Director of Chaintech. Resume of the new position holder: Hsu Sheng Chin:WIN-WAY ADVANCE TECHNOLOGY LTD. Chairperson YEH, CHIA-CHIN:JDX Technology co. Ltd. Chairperson YANG, HSIN-YING:Independent Director of Chaintech WEI, CHI-FENG:Independent Director of Chaintech Original term: June 15, 2022 to June 14, 2025. Effective date of the new member: June 20, 2025.
New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Apr 29Chaintech Technology Corporation to Report Q1, 2025 Results on May 06, 2025Chaintech Technology Corporation announced that they will report Q1, 2025 results on May 06, 2025
New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.15 (vs NT$1.68 in FY 2023)Full year 2024 results: EPS: NT$0.15 (down from NT$1.68 in FY 2023). Revenue: NT$3.04b (down 55% from FY 2023). Net income: NT$14.1m (down 91% from FY 2023). Profit margin: 0.5% (down from 2.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Mar 13Chaintech Technology Corporation, Annual General Meeting, Jun 20, 2025Chaintech Technology Corporation, Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan
お知らせ • Mar 04Chaintech Technology Corporation to Report Q4, 2024 Results on Mar 11, 2025Chaintech Technology Corporation announced that they will report Q4, 2024 results on Mar 11, 2025
New Risk • Dec 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$3.25b market cap, or US$99.4m).
分析記事 • Nov 21We Think That There Are More Issues For Chaintech Technology (TWSE:2425) Than Just Sluggish EarningsA lackluster earnings announcement from Chaintech Technology Corporation ( TWSE:2425 ) last week didn't sink the stock...
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.44 loss per share (vs NT$0.86 profit in 3Q 2023)Third quarter 2024 results: NT$0.44 loss per share (down from NT$0.86 profit in 3Q 2023). Revenue: NT$872.4m (down 63% from 3Q 2023). Net loss: NT$41.4m (down 150% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Oct 29Chaintech Technology Corporation to Report Q3, 2024 Results on Nov 05, 2024Chaintech Technology Corporation announced that they will report Q3, 2024 results on Nov 05, 2024
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$51.20, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 129% over the past three years.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$49.20, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 104% over the past three years.
分析記事 • Aug 29Chaintech Technology Corporation's (TWSE:2425) Shares Climb 30% But Its Business Is Yet to Catch UpChaintech Technology Corporation ( TWSE:2425 ) shares have had a really impressive month, gaining 30% after a shaky...
New Risk • Aug 28New 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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin).
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$35.85, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.22 (vs NT$0.63 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.22 (down from NT$0.63 in 2Q 2023). Revenue: NT$789.2m (down 47% from 2Q 2023). Net income: NT$22.1m (down 64% from 2Q 2023). Profit margin: 2.8% (down from 4.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
分析記事 • Aug 07Chaintech Technology (TWSE:2425) Has A Rock Solid Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$28.10, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 6.9% over the past three years.
お知らせ • Jul 31Chaintech Technology Corporation to Report Q2, 2024 Results on Aug 07, 2024Chaintech Technology Corporation announced that they will report Q2, 2024 results on Aug 07, 2024
New Risk • Jul 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$3.25b market cap, or US$98.8m).
分析記事 • Jul 01Chaintech Technology's (TWSE:2425) Dividend Will Be Reduced To NT$0.45Chaintech Technology Corporation ( TWSE:2425 ) has announced that on 31st of July, it will be paying a dividend...
分析記事 • Jun 17Chaintech Technology's (TWSE:2425) Shareholders Will Receive A Smaller Dividend Than Last YearChaintech Technology Corporation ( TWSE:2425 ) has announced that on 31st of July, it will be paying a dividend...
Declared Dividend • Jun 17Dividend reduced to NT$0.45Dividend of NT$0.45 is 44% lower than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 70% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.3% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$43.85, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 53% over the past three years.
分析記事 • May 21Chaintech Technology's (TWSE:2425) Soft Earnings Don't Show The Whole PictureShareholders appeared unconcerned with Chaintech Technology Corporation's ( TWSE:2425 ) lackluster earnings report last...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.35 in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (down from NT$0.35 in 1Q 2023). Revenue: NT$1.18b (down 1.6% from 1Q 2023). Net income: NT$32.3m (down 4.4% from 1Q 2023). Profit margin: 2.7% (down from 2.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Apr 28Chaintech Technology Corporation to Report Q1, 2024 Results on May 03, 2024Chaintech Technology Corporation announced that they will report Q1, 2024 results on May 03, 2024
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$37.80, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 15% over the past three years.
New Risk • Apr 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin).
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.68 (vs NT$3.32 in FY 2022)Full year 2023 results: EPS: NT$1.68 (down from NT$3.32 in FY 2022). Revenue: NT$6.82b (up 10% from FY 2022). Net income: NT$161.9m (down 50% from FY 2022). Profit margin: 2.4% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Chaintech Technology Corporation, Annual General Meeting, Jun 14, 2024Chaintech Technology Corporation, Annual General Meeting, Jun 14, 2024. Location: 2F. No. 223, Sec. 3, Beiyi Rd.,Taipei Taipei City Taiwan Agenda: To consider the 2023 Business Report and Financial Statements; to consider the audit committee review the 2023 final accounts report; to consider the 2023 report on remuneration of employees and directors; to ratify the 2023 Business Report and Financial Statements; and to ratify the proposal for distribution of 2023 profits.
New Risk • Feb 16New 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin).
New Risk • Nov 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 5.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$47.25, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Upcoming Dividend • Jun 28Upcoming dividend of NT$0.80 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 50% over the past three years.
お知らせ • May 06Chaintech Technology Corporation Announces Cash Dividend for the Year Ended December 31, 2022Chaintech Technology Corporation announced appropriations of earnings in cash dividends to shareholders of TWD 0.8 per share for the year ended December 31, 2022. Total amount of cash distributed to shareholders is TWD 77,199,064.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$3.32 (vs NT$1.27 in FY 2021)Full year 2022 results: EPS: NT$3.32 (up from NT$1.27 in FY 2021). Revenue: NT$6.20b (down 4.9% from FY 2021). Net income: NT$320.4m (up 162% from FY 2021). Profit margin: 5.2% (up from 1.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$36.60, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 26% over the past three years.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Kuo-Chin Chen was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.50 (vs NT$0.40 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.50 (up from NT$0.40 in 3Q 2021). Revenue: NT$1.62b (down 8.3% from 3Q 2021). Net income: NT$144.7m (up 279% from 3Q 2021). Profit margin: 8.9% (up from 2.2% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Oct 12Chaintech Technology Corporation, Annual General Meeting, Oct 11, 2022Chaintech Technology Corporation, Annual General Meeting, Oct 11, 2022. Agenda: To consider Profit distribution/ deficit compensation acknowledged the 2021 profit distribution; to Approve the amendments to the Articles of Incorporation; to acknowledged the 2021 business report and financial statements; and to consider other matters.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$1.05 (vs NT$0.31 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.05 (up from NT$0.31 loss in 2Q 2021). Revenue: NT$1.63b (up 4.6% from 2Q 2021). Net income: NT$101.4m (up NT$131.6m from 2Q 2021). Profit margin: 6.2% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Aug 05Chaintech Technology Corporation Announces the Approval of New Appointment of Members to the Compensation and Numeration Committee by the Board of DirectorsChaintech Technology Corporation announced the approval of new appointment of members to the compensation and numeration committee by the board of directors. Name of the new position holder: (1) TANG, HAN-YU; (2) CHEN, KUO-CHIN; (3) YANG, HSIN-YING; (4) WEI, CHI-FENG. Resume of the new position holder: (1) TANG, HAN-YU:VIA Next Technologies Inc. Account VP and GM of China (Independent Director of Chaintech); (2) CHEN, KUO-CHIN:Timing international Group Full-time Consultant and Lecturer (Independent Director of Chaintech); (3) YANG, HSIN-YING:Shun On Electronic Co. Ltd. Independent Director (Independent Director of Chaintech); (4)WEI, CHI-FENG:Emptech Co. Ltd. Chairperson (Independent Director of Chaintech). Effective date of the new member is August 4, 2022.
Upcoming Dividend • Jun 24Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 01 July 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (7.2%).
Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$0.71 (vs NT$0.51 in 1Q 2021)First quarter 2022 results: EPS: NT$0.71 (up from NT$0.51 in 1Q 2021). Revenue: NT$1.45b (up 19% from 1Q 2021). Net income: NT$69.0m (up 40% from 1Q 2021). Profit margin: 4.7% (up from 4.0% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Kuo-Chin Chen was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$1.27 (vs NT$1.51 in FY 2020)Full year 2021 results: EPS: NT$1.27 (down from NT$1.51 in FY 2020). Revenue: NT$6.52b (up 40% from FY 2020). Net income: NT$122.2m (down 16% from FY 2020). Profit margin: 1.9% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.48 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$1.77b (up 13% from 3Q 2020). Net income: NT$38.2m (down 17% from 3Q 2020). Profit margin: 2.2% (down from 2.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.46 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$1.55b (up 52% from 2Q 2020). Net loss: NT$30.2m (down 168% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Aug 06Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 10 September 2021. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.2%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.008 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.22b (up 143% from 1Q 2020). Net income: NT$49.2m (up NT$50.0m from 1Q 2020). Profit margin: 4.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
分析記事 • Apr 04Is Chaintech Technology (TPE:2425) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.51 (vs NT$1.15 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$4.67b (down 1.4% from FY 2019). Net income: NT$145.9m (up 26% from FY 2019). Profit margin: 3.1% (up from 2.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$35.40, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 17x in the Tech industry in Taiwan. Total returns to shareholders of 21% over the past three years.
分析記事 • Mar 14Our Take On The Returns On Capital At Chaintech Technology (TPE:2425)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Feb 22Update: Chaintech Technology (TPE:2425) Stock Gained 27% In The Last Five YearsWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
Is New 90 Day High Low • Feb 05New 90-day low: NT$26.10The company is down 14% from its price of NT$30.35 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 12% over the same period.
分析記事 • Feb 04Is Chaintech Technology Corporation's (TPE:2425) Stock On A Downtrend As A Result Of Its Poor Financials?Chaintech Technology (TPE:2425) has had a rough three months with its share price down 13%. Given that stock prices are...
分析記事 • Jan 20Do Investors Have Good Reason To Be Wary Of Chaintech Technology Corporation's (TPE:2425) 1.1% Dividend Yield?Is Chaintech Technology Corporation ( TPE:2425 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Jan 20New 90-day low: NT$26.50The company is down 10.0% from its price of NT$29.45 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 14% over the same period.
分析記事 • Dec 27We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Dec 12What Do The Returns On Capital At Chaintech Technology (TPE:2425) Tell Us?To 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 26Are Chaintech Technology's (TPE:2425) Statutory Earnings A Good Guide To Its Underlying Profitability?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.48The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$1.57b (up 30% from 3Q 2019). Net income: NT$45.9m (down 26% from 3Q 2019). Profit margin: 2.9% (down from 5.1% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Nov 06New 90-day high: NT$30.35The company is up 24% from its price of NT$24.40 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 13New 90-day high: NT$27.40The company is up 11% from its price of NT$24.70 on 15 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 1.0% over the same period.