View Past PerformanceSilitech Technology バランスシートの健全性財務の健全性 基準チェック /46Silitech Technologyの総株主資本はNT$3.7B 、総負債はNT$700.0Mで、負債比率は18.8%となります。総資産と総負債はそれぞれNT$5.2BとNT$1.4Bです。 Silitech Technologyの EBIT はNT$22.7Mで、利息カバレッジ比率-0.4です。現金および短期投資はNT$806.1Mです。主要情報18.82%負債資本比率NT$700.00m負債インタレスト・カバレッジ・レシオ-0.4x現金NT$806.08mエクイティNT$3.72b負債合計NT$1.45b総資産NT$5.17b財務の健全性に関する最新情報分析記事 • Apr 26We're Hopeful That Silitech Technology (TPE:3311) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...すべての更新を表示Recent updatesNew Risk • May 21New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 256% Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (256% cash payout ratio). Market cap is less than US$100m (NT$3.15b market cap, or US$99.7m).Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.43 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.43 in 1Q 2025). Revenue: NT$527.4m (down 13% from 1Q 2025). Net income: NT$49.9m (up 70% from 1Q 2025). Profit margin: 9.5% (up from 4.8% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.67 (vs NT$0.81 in FY 2024)Full year 2025 results: EPS: NT$1.67 (up from NT$0.81 in FY 2024). Revenue: NT$2.35b (down 2.9% from FY 2024). Net income: NT$134.3m (up 144% from FY 2024). Profit margin: 5.7% (up from 2.3% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 25Silitech Technology Corporation, Annual General Meeting, May 29, 2026Silitech Technology Corporation, Annual General Meeting, May 29, 2026. Location: no,73, k`ui jou shan rd., danshuei district, new taipei city TaiwanNew Risk • Nov 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.55 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.55 (up from NT$0.55 loss in 3Q 2024). Revenue: NT$614.6m (down 5.4% from 3Q 2024). Net income: NT$46.9m (up NT$84.4m from 3Q 2024). Profit margin: 7.6% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.12 (down from NT$0.40 in 2Q 2024). Revenue: NT$592.1m (flat on 2Q 2024). Net income: NT$8.36m (down 69% from 2Q 2024). Profit margin: 1.4% (down from 4.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$39.80, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 37% over the past three years.Buy Or Sell Opportunity • Jul 10Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to NT$30.40. The fair value is estimated to be NT$25.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 8.6%.お知らせ • Jun 20Silitech Technology Corporation Approves Cash Dividend, Payable on July 31, 2025Silitech Technology Corporation in its board of directors or shareholders meeting held on June 18, 2025 resolved ex dividend, Cash dividends from retained earnings: TWD 20,400,000. (TWD 0.3 per share). Ex-rights (ex-dividend) trading date: July 3, 2025. Ex-rights (ex-dividend) record date: July 11, 2025. Payment date of common stock cash dividend distribution: July 31, 2025.Declared Dividend • Jun 20Dividend of NT$0.30 announcedShareholders will receive a dividend of NT$0.30. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 0.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (206% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 129% to bring the payout ratio under control, which is more than the 58% EPS growth achieved over the last 5 years.Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$0.43 (vs NT$0.34 in 1Q 2024)First quarter 2025 results: EPS: NT$0.43 (up from NT$0.34 in 1Q 2024). Revenue: NT$607.5m (up 14% from 1Q 2024). Net income: NT$29.3m (up 28% from 1Q 2024). Profit margin: 4.8% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Apr 27Silitech Technology Corporation to Report Q1, 2025 Results on May 05, 2025Silitech Technology Corporation announced that they will report Q1, 2025 results on May 05, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$29.75, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 4.6% over the past three years.お知らせ • Feb 21Silitech Technology Corporation, Annual General Meeting, Jun 18, 2025Silitech Technology Corporation, Annual General Meeting, Jun 18, 2025. Location: no,73, k`ui jou shan rd., danshuei district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 67.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.お知らせ • Feb 13+ 1 more updateSilitech Technology Corporation (TWSE:3311) proposed to acquire 45% stake in FDK Corporation (TSE:6955) from Fujitsu Limited (TSE:6702) for ¥6.8 billion.Silitech Technology Corporation (TWSE:3311) proposed to acquire 45% stake in FDK Corporation (TSE:6955) from Fujitsu Limited (TSE:6702) for ¥6.8 billion on February 12, 2025. A cash consideration of ¥6.75 billion valued at ¥435 per share will be paid by Silitech Technology Corporation. As part of consideration, ¥6.75 billion is paid towards common equity of FDK Corporation. Silitech Technology Corporation will use its own funds for the acquisition. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been approved by the board. The expected completion of the transaction is March 13, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Silitech Technology Corporation. SBI Securities Co., Ltd acted as tender offer agent. Daiwa Securities Co. Ltd. acted as financial and TMI Associates acted as legal advisor to FDK Corporation. RUAN, QIONG-HUA of Yuanhe CPA Firm acted as an accountant to Silitech Technology Corporation.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.35b market cap, or US$72.3m).分析記事 • Nov 11Weak Statutory Earnings May Not Tell The Whole Story For Silitech Technology (TWSE:3311)A lackluster earnings announcement from Silitech Technology Corporation ( TWSE:3311 ) last week didn't sink the stock...Reported Earnings • Nov 05Third quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.52 profit in 3Q 2023)Third quarter 2024 results: NT$0.55 loss per share (down from NT$0.52 profit in 3Q 2023). Revenue: NT$650.0m (up 14% from 3Q 2023). Net loss: NT$37.5m (down 206% from profit in 3Q 2023). 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 3% per year.Buy Or Sell Opportunity • Oct 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to NT$39.70. The fair value is estimated to be NT$33.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 19%.お知らせ • Oct 23Silitech Technology Corporation to Report Q3, 2024 Results on Oct 30, 2024Silitech Technology Corporation announced that they will report Q3, 2024 results on Oct 30, 2024Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: NT$0.40 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.40 (down from NT$0.55 in 2Q 2023). Revenue: NT$593.2m (up 17% from 2Q 2023). Net income: NT$27.1m (down 28% from 2Q 2023). Profit margin: 4.6% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 25Silitech Technology Corporation to Report Q2, 2024 Results on Aug 01, 2024Silitech Technology Corporation announced that they will report Q2, 2024 results on Aug 01, 2024Declared Dividend • Jun 27Dividend increased to NT$1.20Dividend of NT$1.20 is 100% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 3.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.28 in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (up from NT$0.28 in 1Q 2023). Revenue: NT$532.0m (up 14% from 1Q 2023). Net income: NT$22.8m (up 20% from 1Q 2023). Profit margin: 4.3% (up from 4.1% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% 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 • Apr 17Silitech Technology Corporation to Report Q1, 2024 Results on Apr 23, 2024Silitech Technology Corporation announced that they will report Q1, 2024 results on Apr 23, 2024Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$1.75 (vs NT$1.47 in FY 2022)Full year 2023 results: EPS: NT$1.75 (up from NT$1.47 in FY 2022). Revenue: NT$2.08b (up 2.9% from FY 2022). Net income: NT$119.3m (up 19% from FY 2022). Profit margin: 5.7% (up from 4.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 23Silitech Technology Corporation, Annual General Meeting, Jun 04, 2024Silitech Technology Corporation, Annual General Meeting, Jun 04, 2024. Location: No.73, Kuirou Shan Rd., Tamsui Dist., New Taipei City New Taipei City Taiwan Agenda: To consider the 2023 Business Report; to consider the Audit Committee's Review Report; to consider the Employees and Directors Compensation for 2023; to consider the Adoption of 2023 Business Report and Financial Statements; to consider the Adoption of the Proposal for Appropriation of 2023 Earnings; and to consider other matters.Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.49 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.52 (up from NT$0.49 in 3Q 2022). Revenue: NT$568.7m (up 7.1% from 3Q 2022). Net income: NT$35.4m (up 5.8% from 3Q 2022). Profit margin: 6.2% (down from 6.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% 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 (5.9% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$79.3m).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$0.46 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (up from NT$0.46 in 2Q 2022). Revenue: NT$506.4m (down 7.5% from 2Q 2022). Net income: NT$37.6m (up 19% from 2Q 2022). Profit margin: 7.4% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.60 per share at 1.7% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.3%).お知らせ • Jun 30Silitech Technology Corporation Announces Dividend Distribution, Payable August 17 2023Silitech Technology Corporation Announced the ex-dividend record date of the Company. Type and monetary amount of dividend distribution: Cash dividends from retained earnings: TWD 40,800,000, (TWD 0.6 per share). Ex-rights (ex-dividend) trading date: July 18 2023. Ex-rights (ex-dividend) record date: July 24 2023. Payment date of cash dividend distribution: August 17 2023.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$1.47 (vs NT$0.94 in FY 2021)Full year 2022 results: EPS: NT$1.47 (up from NT$0.94 in FY 2021). Revenue: NT$2.03b (up 12% from FY 2021). Net income: NT$100.2m (up 62% from FY 2021). Profit margin: 4.9% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 21Silitech Technology Corporation (TWSE:3311) acquired Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. for $23.2 million.Silitech Technology Corporation (TWSE:3311) acquired Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. for $23.2 million on January 19, 2023. Under the terms, Silitech Technology will pay $1.08 per share in cash for the 21.4 million shares. Silitech Technology Corporation (TWSE:3311) completed the acquisition of Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. on January 19, 2023.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Te-Chen Chiu is the most experienced director on the board, commencing their role in 2010. Independent Director Ben Chi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.20 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.20 in 3Q 2021). Revenue: NT$531.1m (up 17% from 3Q 2021). Net income: NT$33.5m (up 145% from 3Q 2021). Profit margin: 6.3% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.46 (vs NT$0.20 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.46 (up from NT$0.20 in 2Q 2021). Revenue: NT$547.3m (up 35% from 2Q 2021). Net income: NT$31.6m (up 131% from 2Q 2021). Profit margin: 5.8% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 22Upcoming dividend of NT$0.47 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 25 August 2022. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.7%).お知らせ • Jul 05Silitech Technology Corporation Announces Cash Dividend for 2021Silitech Technology Corporation announced cash dividend of TWD 31,960,000/TWD 0.47 per share) for 2021. Ex-rights (ex-dividend) trading date: July 29, 2022. Last date before book closure: August 1, 2022. Ex-rights (ex-dividend) record date: August 6, 2022. Cash dividends payment day is August 25, 2022.お知らせ • Jun 11Silitech Technology Corporation Approves Profit Distribution for 2021Silitech Technology Corporation at its AGM held on June 10, 2022 approved Profit distribution/deficit compensation: Adoption of the proposal for appropriation of 2021 earnings (TWD 0.47 per share).Board Change • Jun 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Te-Chen Chiu is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.30 (up from NT$0.23 in 1Q 2021). Revenue: NT$470.2m (flat on 1Q 2021). Net income: NT$20.1m (up 43% from 1Q 2021). Profit margin: 4.3% (up from 3.0% in 1Q 2021). Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.94 (up from NT$6.10 loss in FY 2020). Revenue: NT$1.82b (up 4.7% from FY 2020). Net income: NT$61.8m (up NT$428.1m from FY 2020). Profit margin: 3.4% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Feb 24Silitech Technology Corporation, Annual General Meeting, Jun 10, 2022Silitech Technology Corporation, Annual General Meeting, Jun 10, 2022. Location: No.73, Kuirou Shan Rd., Tamsui Dist., New Taipei City Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's Review Report; to consider Employees and Directors Compensation for 2021; to consider the Execution Status of the Business Improvement Plan for 2019 Cash-refunding Capital Reduction; to consider adoption of 2021 Business Report and Financial Statements; to consider adoption of the Proposal for Appropriation of 2021 Earnings; and to consider other matters.Reported Earnings • Nov 09Third quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: NT$453.1m (flat on 3Q 2020). Net income: NT$13.7m (up 3.4% from 3Q 2020). Profit margin: 3.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.14 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$406.7m (up 29% from 2Q 2020). Net income: NT$13.7m (up NT$22.2m from 2Q 2020). Profit margin: 3.4% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$32.90, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 26% over the past three years.お知らせ • Apr 28Silitech Technology Corporation announced that it has received TWD 264 million in funding from Walsin Technology CorporationOn April 26, 2021, Silitech Technology Corporation (TSEC:3311) closed the transaction.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.23 (vs NT$6.68 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$470.7m (up 7.4% from 1Q 2020). Net income: NT$14.1m (up NT$415.0m from 1Q 2020). Profit margin: 3.0% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.分析記事 • Apr 26We're Hopeful That Silitech Technology (TPE:3311) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Is New 90 Day High Low • Mar 04New 90-day low: NT$31.30The company is down 6.0% from its price of NT$33.35 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 20% over the same period.分析記事 • Mar 03Share Price Aside, Silitech Technology (TPE:3311) Has Delivered Shareholders A 8.7% Return.The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have...お知らせ • Jan 01Silitech Technology Corporation Announces Change of General ManagerSilitech Technology Corporation announced that the change of General Manager. Name and resume of the previous position holder: James Huang/General manager of Silitech Technology Corp. Name and resume of the new position holder: Areta Hsu/Executive Assistant to Chairman¡BCMO of Silitech Technology Corp. The effective date of the new appointment is January 01, 2021. Ms. Areta Hsu was appointed as general manager by the board of directors on December 30, 2020.Is New 90 Day High Low • Nov 18New 90-day high: NT$29.95The company is up 15% from its price of NT$26.10 on 20 August 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period.Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total losses of NT$386.2m, with losses widening by NT$366.1m from the prior year. Total revenue was NT$1.79b over the last 12 months, down 23% from the prior year.お知らせ • Oct 27+ 1 more updateSilitech Technology Corporation Announces Executive ChangesSilitech Technology Corporation announced the appointment of Sarah Cheng as CFO in place of Wei-Lin, Chen, CFO. The reason for the change is the former CFO stepped down. Effective date is October 27, 2020.お知らせ • Jul 18Silitech Technology Corporation announced that it expects to receive funding from Walsin Technology CorporationSilitech Technology Corporation (TSEC:3311) announced a private placement of common shares of not more than 9,000,000 shares from Walsin Technology Corporation (TSEC:2492) on July 14, 2020. The shares to be issued have a lock up period of three years. The transaction was approved by the board of directors of the company.財務状況分析短期負債: 3311の 短期資産 ( NT$1.7B ) が 短期負債 ( NT$1.4B ) を超えています。長期負債: 3311の短期資産 ( NT$1.7B ) が 長期負債 ( NT$70.7M ) 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: 3311総負債よりも多くの現金を保有しています。負債の削減: 3311の負債対資本比率は、過去 5 年間で0%から18.8%に増加しました。債務返済能力: 3311の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 15.1% )。インタレストカバレッジ: 3311支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 12:56終値2026/05/27 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Silitech 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。15 アナリスト機関Yingchao YangBarclaysJasmine WeiBofA Global ResearchJonathan GuCitigroup Inc12 その他のアナリストを表示
分析記事 • Apr 26We're Hopeful That Silitech Technology (TPE:3311) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
New Risk • May 21New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 256% Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (256% cash payout ratio). Market cap is less than US$100m (NT$3.15b market cap, or US$99.7m).
Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$0.50 (vs NT$0.43 in 1Q 2025)First quarter 2026 results: EPS: NT$0.50 (up from NT$0.43 in 1Q 2025). Revenue: NT$527.4m (down 13% from 1Q 2025). Net income: NT$49.9m (up 70% from 1Q 2025). Profit margin: 9.5% (up from 4.8% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.67 (vs NT$0.81 in FY 2024)Full year 2025 results: EPS: NT$1.67 (up from NT$0.81 in FY 2024). Revenue: NT$2.35b (down 2.9% from FY 2024). Net income: NT$134.3m (up 144% from FY 2024). Profit margin: 5.7% (up from 2.3% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 25Silitech Technology Corporation, Annual General Meeting, May 29, 2026Silitech Technology Corporation, Annual General Meeting, May 29, 2026. Location: no,73, k`ui jou shan rd., danshuei district, new taipei city Taiwan
New Risk • Nov 17New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.55 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.55 (up from NT$0.55 loss in 3Q 2024). Revenue: NT$614.6m (down 5.4% from 3Q 2024). Net income: NT$46.9m (up NT$84.4m from 3Q 2024). Profit margin: 7.6% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.12 (down from NT$0.40 in 2Q 2024). Revenue: NT$592.1m (flat on 2Q 2024). Net income: NT$8.36m (down 69% from 2Q 2024). Profit margin: 1.4% (down from 4.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$39.80, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 37% over the past three years.
Buy Or Sell Opportunity • Jul 10Now 20% overvaluedOver the last 90 days, the stock has fallen 20% to NT$30.40. The fair value is estimated to be NT$25.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has declined by 8.6%.
お知らせ • Jun 20Silitech Technology Corporation Approves Cash Dividend, Payable on July 31, 2025Silitech Technology Corporation in its board of directors or shareholders meeting held on June 18, 2025 resolved ex dividend, Cash dividends from retained earnings: TWD 20,400,000. (TWD 0.3 per share). Ex-rights (ex-dividend) trading date: July 3, 2025. Ex-rights (ex-dividend) record date: July 11, 2025. Payment date of common stock cash dividend distribution: July 31, 2025.
Declared Dividend • Jun 20Dividend of NT$0.30 announcedShareholders will receive a dividend of NT$0.30. Ex-date: 3rd July 2025 Payment date: 31st July 2025 Dividend yield will be 0.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (206% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 129% to bring the payout ratio under control, which is more than the 58% EPS growth achieved over the last 5 years.
Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$0.43 (vs NT$0.34 in 1Q 2024)First quarter 2025 results: EPS: NT$0.43 (up from NT$0.34 in 1Q 2024). Revenue: NT$607.5m (up 14% from 1Q 2024). Net income: NT$29.3m (up 28% from 1Q 2024). Profit margin: 4.8% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Apr 27Silitech Technology Corporation to Report Q1, 2025 Results on May 05, 2025Silitech Technology Corporation announced that they will report Q1, 2025 results on May 05, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$29.75, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 4.6% over the past three years.
お知らせ • Feb 21Silitech Technology Corporation, Annual General Meeting, Jun 18, 2025Silitech Technology Corporation, Annual General Meeting, Jun 18, 2025. Location: no,73, k`ui jou shan rd., danshuei district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 67.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.
お知らせ • Feb 13+ 1 more updateSilitech Technology Corporation (TWSE:3311) proposed to acquire 45% stake in FDK Corporation (TSE:6955) from Fujitsu Limited (TSE:6702) for ¥6.8 billion.Silitech Technology Corporation (TWSE:3311) proposed to acquire 45% stake in FDK Corporation (TSE:6955) from Fujitsu Limited (TSE:6702) for ¥6.8 billion on February 12, 2025. A cash consideration of ¥6.75 billion valued at ¥435 per share will be paid by Silitech Technology Corporation. As part of consideration, ¥6.75 billion is paid towards common equity of FDK Corporation. Silitech Technology Corporation will use its own funds for the acquisition. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been approved by the board. The expected completion of the transaction is March 13, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Silitech Technology Corporation. SBI Securities Co., Ltd acted as tender offer agent. Daiwa Securities Co. Ltd. acted as financial and TMI Associates acted as legal advisor to FDK Corporation. RUAN, QIONG-HUA of Yuanhe CPA Firm acted as an accountant to Silitech Technology Corporation.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.35b market cap, or US$72.3m).
分析記事 • Nov 11Weak Statutory Earnings May Not Tell The Whole Story For Silitech Technology (TWSE:3311)A lackluster earnings announcement from Silitech Technology Corporation ( TWSE:3311 ) last week didn't sink the stock...
Reported Earnings • Nov 05Third quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.52 profit in 3Q 2023)Third quarter 2024 results: NT$0.55 loss per share (down from NT$0.52 profit in 3Q 2023). Revenue: NT$650.0m (up 14% from 3Q 2023). Net loss: NT$37.5m (down 206% from profit in 3Q 2023). 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 3% per year.
Buy Or Sell Opportunity • Oct 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to NT$39.70. The fair value is estimated to be NT$33.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 19%.
お知らせ • Oct 23Silitech Technology Corporation to Report Q3, 2024 Results on Oct 30, 2024Silitech Technology Corporation announced that they will report Q3, 2024 results on Oct 30, 2024
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: NT$0.40 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.40 (down from NT$0.55 in 2Q 2023). Revenue: NT$593.2m (up 17% from 2Q 2023). Net income: NT$27.1m (down 28% from 2Q 2023). Profit margin: 4.6% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 25Silitech Technology Corporation to Report Q2, 2024 Results on Aug 01, 2024Silitech Technology Corporation announced that they will report Q2, 2024 results on Aug 01, 2024
Declared Dividend • Jun 27Dividend increased to NT$1.20Dividend of NT$1.20 is 100% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 3.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.28 in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (up from NT$0.28 in 1Q 2023). Revenue: NT$532.0m (up 14% from 1Q 2023). Net income: NT$22.8m (up 20% from 1Q 2023). Profit margin: 4.3% (up from 4.1% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% 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 • Apr 17Silitech Technology Corporation to Report Q1, 2024 Results on Apr 23, 2024Silitech Technology Corporation announced that they will report Q1, 2024 results on Apr 23, 2024
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$1.75 (vs NT$1.47 in FY 2022)Full year 2023 results: EPS: NT$1.75 (up from NT$1.47 in FY 2022). Revenue: NT$2.08b (up 2.9% from FY 2022). Net income: NT$119.3m (up 19% from FY 2022). Profit margin: 5.7% (up from 4.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 23Silitech Technology Corporation, Annual General Meeting, Jun 04, 2024Silitech Technology Corporation, Annual General Meeting, Jun 04, 2024. Location: No.73, Kuirou Shan Rd., Tamsui Dist., New Taipei City New Taipei City Taiwan Agenda: To consider the 2023 Business Report; to consider the Audit Committee's Review Report; to consider the Employees and Directors Compensation for 2023; to consider the Adoption of 2023 Business Report and Financial Statements; to consider the Adoption of the Proposal for Appropriation of 2023 Earnings; and to consider other matters.
Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.49 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.52 (up from NT$0.49 in 3Q 2022). Revenue: NT$568.7m (up 7.1% from 3Q 2022). Net income: NT$35.4m (up 5.8% from 3Q 2022). Profit margin: 6.2% (down from 6.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% 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 (5.9% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$79.3m).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$0.46 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (up from NT$0.46 in 2Q 2022). Revenue: NT$506.4m (down 7.5% from 2Q 2022). Net income: NT$37.6m (up 19% from 2Q 2022). Profit margin: 7.4% (up from 5.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.60 per share at 1.7% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.3%).
お知らせ • Jun 30Silitech Technology Corporation Announces Dividend Distribution, Payable August 17 2023Silitech Technology Corporation Announced the ex-dividend record date of the Company. Type and monetary amount of dividend distribution: Cash dividends from retained earnings: TWD 40,800,000, (TWD 0.6 per share). Ex-rights (ex-dividend) trading date: July 18 2023. Ex-rights (ex-dividend) record date: July 24 2023. Payment date of cash dividend distribution: August 17 2023.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$1.47 (vs NT$0.94 in FY 2021)Full year 2022 results: EPS: NT$1.47 (up from NT$0.94 in FY 2021). Revenue: NT$2.03b (up 12% from FY 2021). Net income: NT$100.2m (up 62% from FY 2021). Profit margin: 4.9% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. 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 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 21Silitech Technology Corporation (TWSE:3311) acquired Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. for $23.2 million.Silitech Technology Corporation (TWSE:3311) acquired Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. for $23.2 million on January 19, 2023. Under the terms, Silitech Technology will pay $1.08 per share in cash for the 21.4 million shares. Silitech Technology Corporation (TWSE:3311) completed the acquisition of Silitech Technology Corporation Sdn. Bhd. from Silitech (Bermuda) Holding Ltd. on January 19, 2023.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Te-Chen Chiu is the most experienced director on the board, commencing their role in 2010. Independent Director Ben Chi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.20 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.20 in 3Q 2021). Revenue: NT$531.1m (up 17% from 3Q 2021). Net income: NT$33.5m (up 145% from 3Q 2021). Profit margin: 6.3% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.46 (vs NT$0.20 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.46 (up from NT$0.20 in 2Q 2021). Revenue: NT$547.3m (up 35% from 2Q 2021). Net income: NT$31.6m (up 131% from 2Q 2021). Profit margin: 5.8% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 22Upcoming dividend of NT$0.47 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 25 August 2022. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.7%).
お知らせ • Jul 05Silitech Technology Corporation Announces Cash Dividend for 2021Silitech Technology Corporation announced cash dividend of TWD 31,960,000/TWD 0.47 per share) for 2021. Ex-rights (ex-dividend) trading date: July 29, 2022. Last date before book closure: August 1, 2022. Ex-rights (ex-dividend) record date: August 6, 2022. Cash dividends payment day is August 25, 2022.
お知らせ • Jun 11Silitech Technology Corporation Approves Profit Distribution for 2021Silitech Technology Corporation at its AGM held on June 10, 2022 approved Profit distribution/deficit compensation: Adoption of the proposal for appropriation of 2021 earnings (TWD 0.47 per share).
Board Change • Jun 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Te-Chen Chiu is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.30 (up from NT$0.23 in 1Q 2021). Revenue: NT$470.2m (flat on 1Q 2021). Net income: NT$20.1m (up 43% from 1Q 2021). Profit margin: 4.3% (up from 3.0% in 1Q 2021). Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.94 (up from NT$6.10 loss in FY 2020). Revenue: NT$1.82b (up 4.7% from FY 2020). Net income: NT$61.8m (up NT$428.1m from FY 2020). Profit margin: 3.4% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Feb 24Silitech Technology Corporation, Annual General Meeting, Jun 10, 2022Silitech Technology Corporation, Annual General Meeting, Jun 10, 2022. Location: No.73, Kuirou Shan Rd., Tamsui Dist., New Taipei City Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's Review Report; to consider Employees and Directors Compensation for 2021; to consider the Execution Status of the Business Improvement Plan for 2019 Cash-refunding Capital Reduction; to consider adoption of 2021 Business Report and Financial Statements; to consider adoption of the Proposal for Appropriation of 2021 Earnings; and to consider other matters.
Reported Earnings • Nov 09Third quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: NT$453.1m (flat on 3Q 2020). Net income: NT$13.7m (up 3.4% from 3Q 2020). Profit margin: 3.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.14 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$406.7m (up 29% from 2Q 2020). Net income: NT$13.7m (up NT$22.2m from 2Q 2020). Profit margin: 3.4% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$32.90, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 26% over the past three years.
お知らせ • Apr 28Silitech Technology Corporation announced that it has received TWD 264 million in funding from Walsin Technology CorporationOn April 26, 2021, Silitech Technology Corporation (TSEC:3311) closed the transaction.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.23 (vs NT$6.68 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$470.7m (up 7.4% from 1Q 2020). Net income: NT$14.1m (up NT$415.0m from 1Q 2020). Profit margin: 3.0% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 26We're Hopeful That Silitech Technology (TPE:3311) Will Use Its Cash WiselyWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Is New 90 Day High Low • Mar 04New 90-day low: NT$31.30The company is down 6.0% from its price of NT$33.35 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 20% over the same period.
分析記事 • Mar 03Share Price Aside, Silitech Technology (TPE:3311) Has Delivered Shareholders A 8.7% Return.The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have...
お知らせ • Jan 01Silitech Technology Corporation Announces Change of General ManagerSilitech Technology Corporation announced that the change of General Manager. Name and resume of the previous position holder: James Huang/General manager of Silitech Technology Corp. Name and resume of the new position holder: Areta Hsu/Executive Assistant to Chairman¡BCMO of Silitech Technology Corp. The effective date of the new appointment is January 01, 2021. Ms. Areta Hsu was appointed as general manager by the board of directors on December 30, 2020.
Is New 90 Day High Low • Nov 18New 90-day high: NT$29.95The company is up 15% from its price of NT$26.10 on 20 August 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period.
Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total losses of NT$386.2m, with losses widening by NT$366.1m from the prior year. Total revenue was NT$1.79b over the last 12 months, down 23% from the prior year.
お知らせ • Oct 27+ 1 more updateSilitech Technology Corporation Announces Executive ChangesSilitech Technology Corporation announced the appointment of Sarah Cheng as CFO in place of Wei-Lin, Chen, CFO. The reason for the change is the former CFO stepped down. Effective date is October 27, 2020.
お知らせ • Jul 18Silitech Technology Corporation announced that it expects to receive funding from Walsin Technology CorporationSilitech Technology Corporation (TSEC:3311) announced a private placement of common shares of not more than 9,000,000 shares from Walsin Technology Corporation (TSEC:2492) on July 14, 2020. The shares to be issued have a lock up period of three years. The transaction was approved by the board of directors of the company.