View Future GrowthGMI Technology 過去の業績過去 基準チェック /06GMI Technologyの収益は年間平均-4.1%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間2.5% 3.3%割合で 増加しています。 GMI Technologyの自己資本利益率は5.7%であり、純利益率は1.4%です。主要情報-4.05%収益成長率-8.38%EPS成長率Electronic 業界の成長14.81%収益成長率3.27%株主資本利益率5.73%ネット・マージン1.37%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.31 in 3Q 2024). Revenue: NT$5.21b (up 9.1% from 3Q 2024). Net income: NT$168.8m (up 239% from 3Q 2024). Profit margin: 3.2% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.52 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$1.52 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$5.20b (up 14% from 2Q 2024). Net loss: NT$247.3m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$1.05 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.05 (up from NT$0.58 in 1Q 2024). Revenue: NT$5.71b (up 42% from 1Q 2024). Net income: NT$170.7m (up 82% from 1Q 2024). Profit margin: 3.0% (up from 2.3% 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 14% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • May 01GMI Technology Inc. to Report Q1, 2025 Results on May 09, 2025GMI Technology Inc. announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$2.38 (vs NT$1.98 in FY 2023)Full year 2024 results: EPS: NT$2.38 (up from NT$1.98 in FY 2023). Revenue: NT$17.7b (up 16% from FY 2023). Net income: NT$386.4m (up 20% from FY 2023). Profit margin: 2.2% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.お知らせ • Mar 04GMI Technology Inc. to Report Q4, 2024 Results on Mar 11, 2025GMI Technology Inc. announced that they will report Q4, 2024 results on Mar 11, 2025すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$41.95, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.8% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 4.1% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin).お知らせ • Mar 10GMI Technology Inc., Annual General Meeting, Jun 17, 2026GMI Technology Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanValuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$31.65, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.10, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.31 in 3Q 2024). Revenue: NT$5.21b (up 9.1% from 3Q 2024). Net income: NT$168.8m (up 239% from 3Q 2024). Profit margin: 3.2% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.New Risk • Sep 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 238% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Paying a dividend despite having no free cash flows. High level of non-cash earnings (48% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.5% net profit margin).Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.52 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$1.52 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$5.20b (up 14% from 2Q 2024). Net loss: NT$247.3m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 23Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 19 August 2025. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.0%).お知らせ • Jun 26GMI Technology Inc. Elects Bo-Chun Yeh as Director, Effective from June 25, 2025GMI Technology Inc. at the General Shareholders Meeting held on June 25, 2025 elected representative of De-Jet Investment Co. Ltd.: Bo-Chun Yeh as director. Term of office: From June 25, 2025 to June 24, 2027.Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$1.05 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.05 (up from NT$0.58 in 1Q 2024). Revenue: NT$5.71b (up 42% from 1Q 2024). Net income: NT$170.7m (up 82% from 1Q 2024). Profit margin: 3.0% (up from 2.3% 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 14% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • May 01GMI Technology Inc. to Report Q1, 2025 Results on May 09, 2025GMI Technology Inc. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$52.40, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 173% over the past three years.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$42.80, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$46.75, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 147% over the past three years.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$2.38 (vs NT$1.98 in FY 2023)Full year 2024 results: EPS: NT$2.38 (up from NT$1.98 in FY 2023). Revenue: NT$17.7b (up 16% from FY 2023). Net income: NT$386.4m (up 20% from FY 2023). Profit margin: 2.2% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.お知らせ • Mar 12GMI Technology Inc., Annual General Meeting, Jun 25, 2025GMI Technology Inc., Annual General Meeting, Jun 25, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city TaiwanValuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$61.80, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 205% over the past three years.分析記事 • Mar 10GMI Technology (TWSE:3312) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...New Risk • Mar 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change).お知らせ • Mar 04GMI Technology Inc. to Report Q4, 2024 Results on Mar 11, 2025GMI Technology Inc. announced that they will report Q4, 2024 results on Mar 11, 2025Board Change • Jan 15Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chung-Chi Chou was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jan 11GMI Technology Inc. Announces Institutional Director ChangesGMI Technology Inc. announced that YEHHSU, LI-LI will replace Yeh, Po-Chun as institutional director, effective January 10, 2024.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.91 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.31 (down from NT$0.91 in 3Q 2023). Revenue: NT$4.77b (up 15% from 3Q 2023). Net income: NT$49.7m (down 67% from 3Q 2023). Profit margin: 1.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.分析記事 • Nov 15What GMI Technology Inc.'s (TWSE:3312) P/E Is Not Telling YouIt's not a stretch to say that GMI Technology Inc.'s ( TWSE:3312 ) price-to-earnings (or "P/E") ratio of 22.2x right...お知らせ • Nov 05GMI Technology Inc. to Report Q3, 2024 Results on Nov 12, 2024GMI Technology Inc. announced that they will report Q3, 2024 results on Nov 12, 2024分析記事 • Oct 07Investors Shouldn't Be Too Comfortable With GMI Technology's (TWSE:3312) EarningsDespite posting some strong earnings, the market for GMI Technology Inc.'s ( TWSE:3312 ) stock hasn't moved much. Our...New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change).お知らせ • Sep 06GMI Technology Inc. Announces Resignation of Yeh,Po-Chun as Chief of Staff and Acting Spokesperson of the Company, Effective September 10, 2024GMI Technology Inc. announced resignation of Yeh,Po-Chun as Chief of Staff and Acting Spokesperson of the Company. Name, title, and resume of the previous position holder: YEH,PO-CHUN/Executive Assistant to the Chairman of the Company. Effective date: September 10, 2024.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$77.40, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 358% over the past three years.Upcoming Dividend • Aug 31Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 05 September 2024. Payment date: 03 October 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).分析記事 • Aug 12GMI Technology (TWSE:3312) Will Pay A Smaller Dividend Than Last YearGMI Technology Inc.'s ( TWSE:3312 ) dividend is being reduced from last year's payment covering the same period to...お知らせ • Aug 10GMI Technology Inc. Announces Cash Dividend, Payable on October 03, 2024GMI Technology Inc. announced cash dividend of TWD 195,150,546 at TWD 1.2 per share. Ex-rights (ex-dividend) trading date is September 5, 2024. Ex-rights (ex-dividend) record date is September 12, 2024. Payment date of cash dividend distribution is October 03, 2024.Declared Dividend • Aug 10Dividend reduced to NT$1.20Dividend of NT$1.20 is 40% lower than last year. Ex-date: 5th September 2024 Payment date: 3rd October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$70.50, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 285% over the past three years.お知らせ • Aug 02GMI Technology Inc. to Report Q2, 2024 Results on Aug 08, 2024GMI Technology Inc. announced that they will report Q2, 2024 results on Aug 08, 2024分析記事 • Jul 12GMI Technology Inc. (TWSE:3312) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, GMI Technology Inc. ( TWSE:3312 ) shares have been powering on, with a gain of 46% in...Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$82.90, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 424% over the past three years.お知らせ • Jun 27+ 1 more updateGMI Technology Inc. Announces Resignation of Chou, Chung-Chie as Member of the Audit CommitteeGMI Technology Inc. announced that the resignation of a member of the Audit Committee. Name of the new position holder: Chou, Chung-Chie, Resume of the new position holder: Independent director of YULON MOTOR CO.,LTD. The effective date of appointment is June 26, 2024.分析記事 • Jun 18GMI Technology (TWSE:3312) Seems To Use Debt Quite SensiblyDavid 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 • May 28Subdued Growth No Barrier To GMI Technology Inc. (TWSE:3312) With Shares Advancing 30%GMI Technology Inc. ( TWSE:3312 ) shares have continued their recent momentum with a 30% gain in the last month alone...Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$59.20, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 297% over the past three years.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.58 (vs NT$0.38 in 1Q 2023)First quarter 2024 results: EPS: NT$0.58 (up from NT$0.38 in 1Q 2023). Revenue: NT$4.03b (up 21% from 1Q 2023). Net income: NT$93.7m (up 52% from 1Q 2023). Profit margin: 2.3% (up from 1.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.お知らせ • Apr 13G.M.I Technology Inc. Announces Resignation of Lin, Ming-Ji as Independent Director and Member of the Audit Committee, Remuneration Committee and Sustainable Development CommitteeG.M.I Technology Inc. announced resignation of Lin, Ming-Ji as independent director and member of the Audit Committee, Remuneration Committee and Sustainable Development Committee. Resume of the previous position holder: Independent Director, Chicony Electronics Co. Ltd., Independent Director of C SUN MFG. LTD. Reason for the change: Career planning. The company received a letter of resignation on April 12, 2024, effective on the same day.分析記事 • Apr 12There's Reason For Concern Over GMI Technology Inc.'s (TWSE:3312) Massive 42% Price JumpGMI Technology Inc. ( TWSE:3312 ) shares have continued their recent momentum with a 42% gain in the last month alone...Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$51.50, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 233% over the past three years.分析記事 • Mar 22There May Be Some Bright Spots In GMI Technology's (TWSE:3312) EarningsGMI Technology Inc.'s ( TWSE:3312 ) stock was strong despite it releasing a soft earnings report last week. However, we...Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$1.98 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$1.98 (down from NT$3.08 in FY 2022). Revenue: NT$15.3b (down 21% from FY 2022). Net income: NT$322.4m (down 29% from FY 2022). Profit margin: 2.1% (down from 2.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 14Gmi Technology Inc. Appoints LEE WEI-CHANG as Sustainable CommitteeGMI Technology Inc. announced the board of directors has decided to add a LEE WEI-CHANG to the Sustainable Committee. Resume of the new position holder: President of the Diamond Business Unit, Kinik Company. Effective date of the new member is March 12, 2024.お知らせ • Mar 13+ 1 more updateGMI Technology Inc., Annual General Meeting, Jun 26, 2024GMI Technology Inc., Annual General Meeting, Jun 26, 2024. Location: No. 399, Ruiguang Road, Neihu District, Taipei City Taipei City Taiwan Agenda: To consider Company's 2023 Business Report; to review Audit Committee's 2023 Review Report; to consider Report on the distribution of 2023 director remuneration and employee remuneration.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$38.35, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 183% over the past three years.分析記事 • Feb 26Investors Still Aren't Entirely Convinced By GMI Technology Inc.'s (TWSE:3312) Earnings Despite 64% Price JumpDespite an already strong run, GMI Technology Inc. ( TWSE:3312 ) shares have been powering on, with a gain of 64% in...Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 56% to NT$34.15. The fair value is estimated to be NT$28.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 13%.New Risk • Feb 19New 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 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$32.35, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 194% over the past three years.Buying Opportunity • Dec 11Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$26.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 13%.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$18.25, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 77% over the past three years.New Risk • Aug 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.01b (US$94.7m) 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 Dividend is not well covered by earnings (100% payout ratio). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (NT$3.01b market cap, or US$94.7m).Buying Opportunity • Aug 24Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$26.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 24%.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$0.63 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$0.63 in 2Q 2022). Revenue: NT$3.74b (down 21% from 2Q 2022). Net income: NT$29.4m (down 66% from 2Q 2022). Profit margin: 0.8% (down from 1.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of NT$2.00 per share at 9.5% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 20 September 2023. Payout ratio and cash payout ratio are on the higher end at 81% and 94% respectively. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (4.2%).お知らせ • Aug 09GMI Technology Inc. Announces Cash Dividend, Payable on September 20, 2023GMI Technology Inc. announced cash dividend of TWD 325,250,910 at TWD 2 per share. Ex-rights (ex-dividend) trading date is August 24, 2023. Ex-rights (ex-dividend) record date is August 30, 2023. Payment date of cash dividend distribution is September 20, 2023.Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$3.08 (vs NT$3.24 in FY 2021)Full year 2022 results: EPS: NT$3.08. Revenue: NT$19.3b (up 2.6% from FY 2021). Net income: NT$453.9m (up 1.9% from FY 2021). Profit margin: 2.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses.Buying Opportunity • Feb 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.7%. The fair value is estimated to be NT$22.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 48%.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.65 (vs NT$1.18 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.65 (down from NT$1.18 in 3Q 2021). Revenue: NT$4.87b (down 2.0% from 3Q 2021). Net income: NT$98.5m (down 40% from 3Q 2021). Profit margin: 2.0% (down from 3.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Guo Zhang Wang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.63 (vs NT$0.85 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.63 (down from NT$0.85 in 2Q 2021). Revenue: NT$4.76b (flat on 2Q 2021). Net income: NT$86.9m (down 26% from 2Q 2021). Profit margin: 1.8% (down from 2.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 05 August 2022. Trailing yield: 9.9%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.8%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.00 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$1.00 (up from NT$0.47 in 1Q 2021). Revenue: NT$5.18b (up 27% from 1Q 2021). Net income: NT$137.4m (up 111% from 1Q 2021). Profit margin: 2.7% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.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. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$3.24 (vs NT$1.44 in FY 2020)Full year 2021 results: EPS: NT$3.24 (up from NT$1.44 in FY 2020). Revenue: NT$18.9b (up 38% from FY 2020). Net income: NT$445.5m (up 125% from FY 2020). Profit margin: 2.4% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 02GMI Technology Inc., Annual General Meeting, Jun 23, 2022GMI Technology Inc., Annual General Meeting, Jun 23, 2022.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$23.90, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.43 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.97b (up 37% from 3Q 2020). Net income: NT$162.7m (up 176% from 3Q 2020). Profit margin: 3.3% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.94 (vs NT$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.75b (up 50% from 2Q 2020). Net income: NT$117.3m (up 332% from 2Q 2020). Profit margin: 2.5% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.20 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.10b (up 37% from 1Q 2020). Net income: NT$65.3m (up 161% from 1Q 2020). Profit margin: 1.6% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$18.70, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 140% over the past three years.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$26.05, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 257% over the past three years.分析記事 • Apr 22These 4 Measures Indicate That GMI Technology (TPE:3312) Is Using Debt SafelySome 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 • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 236% over the past three years.分析記事 • Apr 04Are You An Income Investor? Don't Miss Out On GMI Technology Inc. (TPE:3312)Is GMI Technology Inc. ( TPE:3312 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.58 (vs NT$1.24 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$13.7b (up 7.7% from FY 2019). Net income: NT$197.6m (up 28% from FY 2019). Profit margin: 1.4% (up from 1.2% in FY 2019). The increase in margin was driven by higher revenue.分析記事 • Mar 16What Can The Trends At GMI Technology (TPE:3312) Tell Us About Their Returns?There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$16.85, the stock is trading at a trailing P/E ratio of 14.6x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 146%.Is New 90 Day High Low • Feb 23New 90-day high: NT$15.35The company is up 7.0% from its price of NT$14.40 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.分析記事 • Feb 15Is GMI Technology's (TPE:3312) 103% Share Price Increase Well Justified?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...分析記事 • Jan 31Is GMI Technology Inc.'s (TPE:3312) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?GMI Technology's (TPE:3312) stock is up by a considerable 11% over the past three months. Given the company's...Is New 90 Day High Low • Jan 22New 90-day high: NT$14.85The company is up 13% from its price of NT$13.10 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.分析記事 • Jan 15We Think GMI Technology (TPE:3312) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 31Key Things To Consider Before Buying GMI Technology Inc. (TPE:3312) For Its DividendCould GMI Technology Inc. ( TPE:3312 ) be an attractive dividend share to own for the long haul? Investors are often...分析記事 • Dec 16Will GMI Technology's (TPE:3312) Growth In ROCE Persist?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...分析記事 • Dec 01Here's Why We Think GMI Technology's (TPE:3312) Statutory Earnings Might Be ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...収支内訳GMI Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:3312 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Dec 2521,0162895416630 Sep 2520,4772155776330 Jun 2520,041965795731 Mar 2519,3864635455231 Dec 2417,7093865445330 Sep 2417,4093474724530 Jun 2416,7904464784331 Mar 2415,9873544584031 Dec 2315,2773224213530 Sep 2315,7453714363030 Jun 2316,4613214302531 Mar 2317,4833784442431 Dec 2219,3474544612330 Sep 2219,8564235122630 Jun 2219,9574875042731 Mar 2219,9415185142731 Dec 2118,8534465123430 Sep 2117,6934324573430 Jun 2116,3623284213531 Mar 2114,7802383983131 Dec 2013,6791983762430 Sep 2013,6031453802030 Jun 2013,4431323881931 Mar 2013,2171553752031 Dec 1912,7051553612030 Sep 1911,7601463371930 Jun 1910,9871353151931 Mar 1910,2351272871831 Dec 189,8121382811930 Sep 189,1901452781930 Jun 188,8151542772231 Mar 188,730-1923342131 Dec 178,560-2203332030 Sep 178,333-2513502030 Jun 177,945-2803511831 Mar 177,876563921931 Dec 168,328593962030 Sep 169,448-1446461930 Jun 1611,211-1997572131 Mar 1612,989-2787982231 Dec 1515,025-2999302130 Sep 1516,603-487242230 Jun 1518,2994165422質の高い収益: 3312 非現金収入 のレベルが高いです。利益率の向上: 3312の現在の純利益率 (1.4%)は、昨年(2.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3312の収益は過去 5 年間で年間4.1%減少しました。成長の加速: 3312は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 3312は過去 1 年間で収益成長率がマイナス ( -25.3% ) となったため、 Electronic業界平均 ( -2% ) と比較することが困難です。株主資本利益率高いROE: 3312の 自己資本利益率 ( 5.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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2026/05/09 07:44終値2026/05/08 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GMI Technology Inc. 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Shangzhi WangCapital Securities Corporation
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.31 in 3Q 2024). Revenue: NT$5.21b (up 9.1% from 3Q 2024). Net income: NT$168.8m (up 239% from 3Q 2024). Profit margin: 3.2% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.52 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$1.52 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$5.20b (up 14% from 2Q 2024). Net loss: NT$247.3m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$1.05 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.05 (up from NT$0.58 in 1Q 2024). Revenue: NT$5.71b (up 42% from 1Q 2024). Net income: NT$170.7m (up 82% from 1Q 2024). Profit margin: 3.0% (up from 2.3% 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 14% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • May 01GMI Technology Inc. to Report Q1, 2025 Results on May 09, 2025GMI Technology Inc. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$2.38 (vs NT$1.98 in FY 2023)Full year 2024 results: EPS: NT$2.38 (up from NT$1.98 in FY 2023). Revenue: NT$17.7b (up 16% from FY 2023). Net income: NT$386.4m (up 20% from FY 2023). Profit margin: 2.2% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
お知らせ • Mar 04GMI Technology Inc. to Report Q4, 2024 Results on Mar 11, 2025GMI Technology Inc. announced that they will report Q4, 2024 results on Mar 11, 2025
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$41.95, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.8% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).
New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 4.1% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin).
お知らせ • Mar 10GMI Technology Inc., Annual General Meeting, Jun 17, 2026GMI Technology Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$31.65, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.10, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.31 in 3Q 2024). Revenue: NT$5.21b (up 9.1% from 3Q 2024). Net income: NT$168.8m (up 239% from 3Q 2024). Profit margin: 3.2% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
New Risk • Sep 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 238% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Paying a dividend despite having no free cash flows. High level of non-cash earnings (48% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.5% net profit margin).
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.52 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$1.52 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$5.20b (up 14% from 2Q 2024). Net loss: NT$247.3m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 23Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 19 August 2025. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.0%).
お知らせ • Jun 26GMI Technology Inc. Elects Bo-Chun Yeh as Director, Effective from June 25, 2025GMI Technology Inc. at the General Shareholders Meeting held on June 25, 2025 elected representative of De-Jet Investment Co. Ltd.: Bo-Chun Yeh as director. Term of office: From June 25, 2025 to June 24, 2027.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$1.05 (vs NT$0.58 in 1Q 2024)First quarter 2025 results: EPS: NT$1.05 (up from NT$0.58 in 1Q 2024). Revenue: NT$5.71b (up 42% from 1Q 2024). Net income: NT$170.7m (up 82% from 1Q 2024). Profit margin: 3.0% (up from 2.3% 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 14% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • May 01GMI Technology Inc. to Report Q1, 2025 Results on May 09, 2025GMI Technology Inc. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$52.40, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 173% over the past three years.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$42.80, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$46.75, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 147% over the past three years.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$2.38 (vs NT$1.98 in FY 2023)Full year 2024 results: EPS: NT$2.38 (up from NT$1.98 in FY 2023). Revenue: NT$17.7b (up 16% from FY 2023). Net income: NT$386.4m (up 20% from FY 2023). Profit margin: 2.2% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
お知らせ • Mar 12GMI Technology Inc., Annual General Meeting, Jun 25, 2025GMI Technology Inc., Annual General Meeting, Jun 25, 2025. Location: 1 floor no,399, jui kuang rd., neihu district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$61.80, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 205% over the past three years.
分析記事 • Mar 10GMI Technology (TWSE:3312) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
New Risk • Mar 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change).
お知らせ • Mar 04GMI Technology Inc. to Report Q4, 2024 Results on Mar 11, 2025GMI Technology Inc. announced that they will report Q4, 2024 results on Mar 11, 2025
Board Change • Jan 15Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chung-Chi Chou was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jan 11GMI Technology Inc. Announces Institutional Director ChangesGMI Technology Inc. announced that YEHHSU, LI-LI will replace Yeh, Po-Chun as institutional director, effective January 10, 2024.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.31 (vs NT$0.91 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.31 (down from NT$0.91 in 3Q 2023). Revenue: NT$4.77b (up 15% from 3Q 2023). Net income: NT$49.7m (down 67% from 3Q 2023). Profit margin: 1.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
分析記事 • Nov 15What GMI Technology Inc.'s (TWSE:3312) P/E Is Not Telling YouIt's not a stretch to say that GMI Technology Inc.'s ( TWSE:3312 ) price-to-earnings (or "P/E") ratio of 22.2x right...
お知らせ • Nov 05GMI Technology Inc. to Report Q3, 2024 Results on Nov 12, 2024GMI Technology Inc. announced that they will report Q3, 2024 results on Nov 12, 2024
分析記事 • Oct 07Investors Shouldn't Be Too Comfortable With GMI Technology's (TWSE:3312) EarningsDespite posting some strong earnings, the market for GMI Technology Inc.'s ( TWSE:3312 ) stock hasn't moved much. Our...
New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change).
お知らせ • Sep 06GMI Technology Inc. Announces Resignation of Yeh,Po-Chun as Chief of Staff and Acting Spokesperson of the Company, Effective September 10, 2024GMI Technology Inc. announced resignation of Yeh,Po-Chun as Chief of Staff and Acting Spokesperson of the Company. Name, title, and resume of the previous position holder: YEH,PO-CHUN/Executive Assistant to the Chairman of the Company. Effective date: September 10, 2024.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$77.40, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 358% over the past three years.
Upcoming Dividend • Aug 31Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 05 September 2024. Payment date: 03 October 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).
分析記事 • Aug 12GMI Technology (TWSE:3312) Will Pay A Smaller Dividend Than Last YearGMI Technology Inc.'s ( TWSE:3312 ) dividend is being reduced from last year's payment covering the same period to...
お知らせ • Aug 10GMI Technology Inc. Announces Cash Dividend, Payable on October 03, 2024GMI Technology Inc. announced cash dividend of TWD 195,150,546 at TWD 1.2 per share. Ex-rights (ex-dividend) trading date is September 5, 2024. Ex-rights (ex-dividend) record date is September 12, 2024. Payment date of cash dividend distribution is October 03, 2024.
Declared Dividend • Aug 10Dividend reduced to NT$1.20Dividend of NT$1.20 is 40% lower than last year. Ex-date: 5th September 2024 Payment date: 3rd October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$70.50, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 285% over the past three years.
お知らせ • Aug 02GMI Technology Inc. to Report Q2, 2024 Results on Aug 08, 2024GMI Technology Inc. announced that they will report Q2, 2024 results on Aug 08, 2024
分析記事 • Jul 12GMI Technology Inc. (TWSE:3312) Stock Rockets 46% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, GMI Technology Inc. ( TWSE:3312 ) shares have been powering on, with a gain of 46% in...
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$82.90, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 424% over the past three years.
お知らせ • Jun 27+ 1 more updateGMI Technology Inc. Announces Resignation of Chou, Chung-Chie as Member of the Audit CommitteeGMI Technology Inc. announced that the resignation of a member of the Audit Committee. Name of the new position holder: Chou, Chung-Chie, Resume of the new position holder: Independent director of YULON MOTOR CO.,LTD. The effective date of appointment is June 26, 2024.
分析記事 • Jun 18GMI Technology (TWSE:3312) Seems To Use Debt Quite SensiblyDavid 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 • May 28Subdued Growth No Barrier To GMI Technology Inc. (TWSE:3312) With Shares Advancing 30%GMI Technology Inc. ( TWSE:3312 ) shares have continued their recent momentum with a 30% gain in the last month alone...
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$59.20, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 297% over the past three years.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.58 (vs NT$0.38 in 1Q 2023)First quarter 2024 results: EPS: NT$0.58 (up from NT$0.38 in 1Q 2023). Revenue: NT$4.03b (up 21% from 1Q 2023). Net income: NT$93.7m (up 52% from 1Q 2023). Profit margin: 2.3% (up from 1.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
お知らせ • Apr 13G.M.I Technology Inc. Announces Resignation of Lin, Ming-Ji as Independent Director and Member of the Audit Committee, Remuneration Committee and Sustainable Development CommitteeG.M.I Technology Inc. announced resignation of Lin, Ming-Ji as independent director and member of the Audit Committee, Remuneration Committee and Sustainable Development Committee. Resume of the previous position holder: Independent Director, Chicony Electronics Co. Ltd., Independent Director of C SUN MFG. LTD. Reason for the change: Career planning. The company received a letter of resignation on April 12, 2024, effective on the same day.
分析記事 • Apr 12There's Reason For Concern Over GMI Technology Inc.'s (TWSE:3312) Massive 42% Price JumpGMI Technology Inc. ( TWSE:3312 ) shares have continued their recent momentum with a 42% gain in the last month alone...
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$51.50, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 233% over the past three years.
分析記事 • Mar 22There May Be Some Bright Spots In GMI Technology's (TWSE:3312) EarningsGMI Technology Inc.'s ( TWSE:3312 ) stock was strong despite it releasing a soft earnings report last week. However, we...
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$1.98 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$1.98 (down from NT$3.08 in FY 2022). Revenue: NT$15.3b (down 21% from FY 2022). Net income: NT$322.4m (down 29% from FY 2022). Profit margin: 2.1% (down from 2.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 14Gmi Technology Inc. Appoints LEE WEI-CHANG as Sustainable CommitteeGMI Technology Inc. announced the board of directors has decided to add a LEE WEI-CHANG to the Sustainable Committee. Resume of the new position holder: President of the Diamond Business Unit, Kinik Company. Effective date of the new member is March 12, 2024.
お知らせ • Mar 13+ 1 more updateGMI Technology Inc., Annual General Meeting, Jun 26, 2024GMI Technology Inc., Annual General Meeting, Jun 26, 2024. Location: No. 399, Ruiguang Road, Neihu District, Taipei City Taipei City Taiwan Agenda: To consider Company's 2023 Business Report; to review Audit Committee's 2023 Review Report; to consider Report on the distribution of 2023 director remuneration and employee remuneration.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$38.35, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 183% over the past three years.
分析記事 • Feb 26Investors Still Aren't Entirely Convinced By GMI Technology Inc.'s (TWSE:3312) Earnings Despite 64% Price JumpDespite an already strong run, GMI Technology Inc. ( TWSE:3312 ) shares have been powering on, with a gain of 64% in...
Buy Or Sell Opportunity • Feb 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 56% to NT$34.15. The fair value is estimated to be NT$28.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 13%.
New Risk • Feb 19New 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 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$32.35, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 194% over the past three years.
Buying Opportunity • Dec 11Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$26.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 13%.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$18.25, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 77% over the past three years.
New Risk • Aug 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.01b (US$94.7m) 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 Dividend is not well covered by earnings (100% payout ratio). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (NT$3.01b market cap, or US$94.7m).
Buying Opportunity • Aug 24Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be NT$26.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 24%.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$0.63 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$0.63 in 2Q 2022). Revenue: NT$3.74b (down 21% from 2Q 2022). Net income: NT$29.4m (down 66% from 2Q 2022). Profit margin: 0.8% (down from 1.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of NT$2.00 per share at 9.5% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 20 September 2023. Payout ratio and cash payout ratio are on the higher end at 81% and 94% respectively. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (4.2%).
お知らせ • Aug 09GMI Technology Inc. Announces Cash Dividend, Payable on September 20, 2023GMI Technology Inc. announced cash dividend of TWD 325,250,910 at TWD 2 per share. Ex-rights (ex-dividend) trading date is August 24, 2023. Ex-rights (ex-dividend) record date is August 30, 2023. Payment date of cash dividend distribution is September 20, 2023.
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$3.08 (vs NT$3.24 in FY 2021)Full year 2022 results: EPS: NT$3.08. Revenue: NT$19.3b (up 2.6% from FY 2021). Net income: NT$453.9m (up 1.9% from FY 2021). Profit margin: 2.3% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses.
Buying Opportunity • Feb 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.7%. The fair value is estimated to be NT$22.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 48%.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.65 (vs NT$1.18 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.65 (down from NT$1.18 in 3Q 2021). Revenue: NT$4.87b (down 2.0% from 3Q 2021). Net income: NT$98.5m (down 40% from 3Q 2021). Profit margin: 2.0% (down from 3.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Director Guo Zhang Wang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.63 (vs NT$0.85 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.63 (down from NT$0.85 in 2Q 2021). Revenue: NT$4.76b (flat on 2Q 2021). Net income: NT$86.9m (down 26% from 2Q 2021). Profit margin: 1.8% (down from 2.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 05 August 2022. Trailing yield: 9.9%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.8%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.00 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$1.00 (up from NT$0.47 in 1Q 2021). Revenue: NT$5.18b (up 27% from 1Q 2021). Net income: NT$137.4m (up 111% from 1Q 2021). Profit margin: 2.7% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
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. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$3.24 (vs NT$1.44 in FY 2020)Full year 2021 results: EPS: NT$3.24 (up from NT$1.44 in FY 2020). Revenue: NT$18.9b (up 38% from FY 2020). Net income: NT$445.5m (up 125% from FY 2020). Profit margin: 2.4% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 02GMI Technology Inc., Annual General Meeting, Jun 23, 2022GMI Technology Inc., Annual General Meeting, Jun 23, 2022.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$23.90, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.43 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.97b (up 37% from 3Q 2020). Net income: NT$162.7m (up 176% from 3Q 2020). Profit margin: 3.3% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.94 (vs NT$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.75b (up 50% from 2Q 2020). Net income: NT$117.3m (up 332% from 2Q 2020). Profit margin: 2.5% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.20 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.10b (up 37% from 1Q 2020). Net income: NT$65.3m (up 161% from 1Q 2020). Profit margin: 1.6% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$18.70, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 140% over the past three years.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$26.05, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 257% over the past three years.
分析記事 • Apr 22These 4 Measures Indicate That GMI Technology (TPE:3312) Is Using Debt SafelySome 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 • Apr 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 236% over the past three years.
分析記事 • Apr 04Are You An Income Investor? Don't Miss Out On GMI Technology Inc. (TPE:3312)Is GMI Technology Inc. ( TPE:3312 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.58 (vs NT$1.24 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$13.7b (up 7.7% from FY 2019). Net income: NT$197.6m (up 28% from FY 2019). Profit margin: 1.4% (up from 1.2% in FY 2019). The increase in margin was driven by higher revenue.
分析記事 • Mar 16What Can The Trends At GMI Technology (TPE:3312) Tell Us About Their Returns?There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$16.85, the stock is trading at a trailing P/E ratio of 14.6x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 146%.
Is New 90 Day High Low • Feb 23New 90-day high: NT$15.35The company is up 7.0% from its price of NT$14.40 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
分析記事 • Feb 15Is GMI Technology's (TPE:3312) 103% Share Price Increase Well Justified?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
分析記事 • Jan 31Is GMI Technology Inc.'s (TPE:3312) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?GMI Technology's (TPE:3312) stock is up by a considerable 11% over the past three months. Given the company's...
Is New 90 Day High Low • Jan 22New 90-day high: NT$14.85The company is up 13% from its price of NT$13.10 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
分析記事 • Jan 15We Think GMI Technology (TPE:3312) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 31Key Things To Consider Before Buying GMI Technology Inc. (TPE:3312) For Its DividendCould GMI Technology Inc. ( TPE:3312 ) be an attractive dividend share to own for the long haul? Investors are often...
分析記事 • Dec 16Will GMI Technology's (TPE:3312) Growth In ROCE Persist?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
分析記事 • Dec 01Here's Why We Think GMI Technology's (TPE:3312) Statutory Earnings Might Be ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...