View ValuationAlpha Networks 将来の成長Future 基準チェック /06 Alpha Networksは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Communications 収益成長36.4%収益成長率8.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日11 Dec 2025今後の成長に関する最新情報Price Target Changed • Jul 08Price target decreased by 10% to NT$31.00Down from NT$34.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$27.85. Stock is down 21% over the past year. The company posted earnings per share of NT$0.40 last year.Price Target Changed • Apr 27Price target increased to NT$25.00Up from NT$21.53, the current price target is provided by 1 analyst. New target price is 12% below last closing price of NT$28.30. Stock is down 16% over the past year. The company posted earnings per share of NT$0.80 last year.すべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.098 (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.098 (up from NT$0.20 loss in 1Q 2025). Revenue: NT$5.31b (up 18% from 1Q 2025). Net income: NT$53.2m (up NT$159.2m from 1Q 2025). Profit margin: 1.0% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 30% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.New Risk • Mar 04New 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 7.1% 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. Paying a dividend despite being loss-making. Cash payout ratio: 134% Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).お知らせ • Feb 26Alpha Networks Inc., Annual General Meeting, May 26, 2026Alpha Networks Inc., Annual General Meeting, May 26, 2026. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: NT$0.36 loss per share (vs NT$0.40 profit in FY 2024)Full year 2025 results: NT$0.36 loss per share (down from NT$0.40 profit in FY 2024). Revenue: NT$22.5b (up 4.7% from FY 2024). Net loss: NT$193.9m (down 189% from profit in FY 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 32% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.New Risk • Nov 05New 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 6.8% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.052 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (up from NT$0.052 loss in 3Q 2024). Revenue: NT$5.84b (up 18% from 3Q 2024). Net income: NT$10.1m (up NT$38.2m from 3Q 2024). Profit margin: 0.2% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Aug 21Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$27.40. The fair value is estimated to be NT$22.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to NT$27.60. The fair value is estimated to be NT$22.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 02Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.48 profit in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (down from NT$0.48 profit in 2Q 2024). Revenue: NT$5.69b (flat on 2Q 2024). Net loss: NT$104.7m (down 140% from profit in 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Price Target Changed • Jul 08Price target decreased by 10% to NT$31.00Down from NT$34.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$27.85. Stock is down 21% over the past year. The company posted earnings per share of NT$0.40 last year.Declared Dividend • Jul 04Dividend reduced to NT$1.00Dividend of NT$1.00 is 1.0% lower than last year. Ex-date: 17th July 2025 Payment date: 13th August 2025 Dividend yield will be 3.4%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 11x earnings). However, it is well covered by cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1,206% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.New Risk • May 04New major risk - Revenue and earnings growthEarnings have declined by 1.1% 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 Risk Earnings have declined by 1.1% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (248% payout ratio). Profit margins are more than 30% lower than last year (0.2% net profit margin).Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Director Joe Huang 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: Insufficient board refreshment.お知らせ • Apr 25Alpha Networks Inc. to Report Q1, 2025 Results on May 02, 2025Alpha Networks Inc. announced that they will report Q1, 2025 results on May 02, 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$24.85, the stock trades at a trailing P/E ratio of 61.6x. Average forward P/E is 14x in the Communications industry in Taiwan. Total loss to shareholders of 8.1% over the past three years.お知らせ • Mar 04Alpha Networks Inc., Annual General Meeting, May 27, 2025Alpha Networks Inc., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city TaiwanNew 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 Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Nov 25These 4 Measures Indicate That Alpha Networks (TWSE:3380) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Nov 15Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million.Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024. Under the terms of the transaction, Tai Tung Communication Co., Ltd. (TWSE:8011) will divest 6.2 million shares valued at NTD 71.8 per share. Yuh Chia & Co. and Deng Zhi Ping Accountant served as the accountants for Tai Tung Communication Co., Ltd. (TWSE:8011) in its divestment. Alpha Networks Inc. (TWSE:3380) completed the acquisition of 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024.Reported Earnings • Nov 05Third quarter 2024 earnings released: NT$0.05 loss per share (vs NT$0.15 profit in 3Q 2023)Third quarter 2024 results: NT$0.05 loss per share (down from NT$0.15 profit in 3Q 2023). Revenue: NT$4.95b (down 16% from 3Q 2023). Net loss: NT$28.0m (down 134% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Oct 25Alpha Networks Inc. to Report Q3, 2024 Results on Nov 01, 2024Alpha Networks Inc. announced that they will report Q3, 2024 results on Nov 01, 2024分析記事 • Sep 10When Should You Buy Alpha Networks Inc. (TWSE:3380)?While Alpha Networks Inc. ( TWSE:3380 ) might not have the largest market cap around , it saw a decent share price...New Risk • Aug 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 189% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (118% payout ratio). Large one-off items impacting financial results.Buy Or Sell Opportunity • Aug 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to NT$28.85. The fair value is estimated to be NT$36.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat.お知らせ • Jul 19Alpha Networks Inc. to Report Q2, 2024 Results on Jul 26, 2024Alpha Networks Inc. announced that they will report Q2, 2024 results on Jul 26, 2024分析記事 • Jun 30Alpha Networks (TWSE:3380) Is Paying Out Less In Dividends Than Last YearAlpha Networks Inc. ( TWSE:3380 ) is reducing its dividend from last year's comparable payment to NT$1.01 on the 9th of...Declared Dividend • Jun 29Dividend reduced to NT$1.01Dividend of NT$1.01 is 40% lower than last year. Ex-date: 12th July 2024 Payment date: 9th August 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (124% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 38% to bring the payout ratio under control, which is more than the 25% EPS growth achieved over the last 5 years.お知らせ • Jun 28Alpha Networks Inc. Approves Cash Dividend, Payable on August 9, 2024On June 27, 2024, the board of directors of Alpha Networks Inc. approved Ex- Dividend, Cash dividend of TWD 547,135,645 equivalent to TWD 1.01 per share. payable on August 9, 2024. The Ex- dividend date is July 12, 2024. Ex-rights (Ex-dividend) record date is July 20, 2024.分析記事 • May 29Alpha Networks Inc.'s (TWSE:3380) Business Is Yet to Catch Up With Its Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider Alpha...Reported Earnings • May 07First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.32 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.32 in 1Q 2023). Revenue: NT$5.18b (down 34% from 1Q 2023). Net income: NT$66.5m (down 62% from 1Q 2023). Profit margin: 1.3% (down from 2.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.お知らせ • Apr 28Alpha Networks Inc. to Report Q1, 2024 Results on May 03, 2024Alpha Networks Inc. announced that they will report Q1, 2024 results on May 03, 2024Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$1.01 (vs NT$1.69 in FY 2022)Full year 2023 results: EPS: NT$1.01 (down from NT$1.69 in FY 2022). Revenue: NT$28.3b (down 16% from FY 2022). Net income: NT$547.9m (down 40% from FY 2022). Profit margin: 1.9% (down from 2.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 28Alpha Networks Inc., Annual General Meeting, May 31, 2024Alpha Networks Inc., Annual General Meeting, May 31, 2024. Location: Darwin Hall of HSP Link 2F, No. 1, Industry E. 2nd Rd. Science-Based Industrial Park Hsinchu Taiwan Agenda: To consider 2023 business report; to consider the Audit Committee's review report on the 2023 financial statements; to the report of the distribution of the employees' compensation and directors' remuneration of 2023; to consider the report of the distribution of cash dividends from 2023 earnings; to consider Cause for convening the meeting; and to discuss other matters.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$0.15 (vs NT$0.58 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.15 (down from NT$0.58 in 3Q 2022). Revenue: NT$5.86b (down 37% from 3Q 2022). Net income: NT$83.4m (down 74% from 3Q 2022). Profit margin: 1.4% (down from 3.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. 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 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: NT$0.44 (vs NT$0.45 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.44 (down from NT$0.45 in 2Q 2022). Revenue: NT$7.75b (down 6.5% from 2Q 2022). Net income: NT$238.9m (down 1.7% from 2Q 2022). Profit margin: 3.1% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.New Risk • Jul 15New 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 6.4% 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 Dividend is not well covered by earnings (96% payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).Upcoming Dividend • Jul 10Upcoming dividend of NT$1.69 per share at 3.9% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 11 August 2023. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$43.80, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 72% over the past three years.お知らせ • Jun 30Alpha Networks Inc. Approves Cash Dividend for the Year 2022, Payable on August 11, 2023Alpha Networks Inc. announced at shareholders meeting held on June 29, 2023, the shareholders approved the cash dividend from 2022 earnings is TWD 915,504,197 equivalent to TWD 1.69 per share. Ex-rights (ex-dividend) trading date is July 17, 2023. Ex-rights (ex-dividend) record date is July 23, 2023. Payment date of cash dividend distribution is August 11, 2023.お知らせ • Jun 01Alpha Networks Inc. Appoints Julian Chen as Member of Audit Committee and Remuneration CommitteeAlpha Networks Inc. appointed Julian Chen as Member of Audit committee and Remuneration committee. Resume: Chairperson of Ray Wing Research & Investment Corp. Effective date of the new member: May 31, 2023.Buying Opportunity • Apr 21Now 25% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be NT$47.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 36%.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$1.69 (vs NT$0.80 in FY 2021)Full year 2022 results: EPS: NT$1.69 (up from NT$0.80 in FY 2021). Revenue: NT$33.6b (up 21% from FY 2021). Net income: NT$917.1m (up 111% from FY 2021). Profit margin: 2.7% (up from 1.6% 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 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less 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: 3 independent directors. 4 non-independent directors. Independent Director Shu-Hsing Li 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.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.21 in 3Q 2021). Revenue: NT$9.23b (up 38% from 3Q 2021). Net income: NT$315.3m (up 182% from 3Q 2021). Profit margin: 3.4% (up from 1.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.25, the stock trades at a trailing P/E ratio of 25.4x. Average forward P/E is 11x in the Communications industry in Taiwan. Total returns to shareholders of 25% over the past three years.Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.21 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.45 (up from NT$0.21 in 2Q 2021). Revenue: NT$8.29b (up 9.7% from 2Q 2021). Net income: NT$243.0m (up 109% from 2Q 2021). Profit margin: 2.9% (up from 1.5% 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 33% 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$0.80 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 12 August 2022. Payout ratio is on the higher end at 95% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.2%).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$29.60, the stock trades at a trailing P/E ratio of 35.3x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 62% over the past three years.Board Change • May 06High 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. 5 experienced directors. No highly experienced directors. Vice Chairman Peter Chen is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 04Alpha Networks Inc. Announces Executive ChangesAlpha Networks Inc. announced appointment of Wen-Fang Huang as CEO. Name of the previous position holder: Yu-Chin Lin. Resume of the previous position holder: President of the Alpha Networks Inc. Name of the new position holder: Wen-Fang Huang. Resume of the new position holder: CEO. Effective date of the new appointment: May 3, 2022.Reported Earnings • May 02First quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.21 in 1Q 2021)First quarter 2022 results: EPS: NT$0.25 (up from NT$0.21 in 1Q 2021). Revenue: NT$6.87b (down 4.4% from 1Q 2021). Net income: NT$133.8m (up 18% from 1Q 2021). Profit margin: 1.9% (up from 1.6% in 1Q 2021). The increase in margin was driven by lower expenses. 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 13% per year, which means it is significantly lagging earnings growth.お知らせ • May 02+ 1 more updateAlpha Networks Inc. Announces Appointment of Han-Zhou Huang as Representative of Institutional DirectorAlpha Networks Inc. announced the appointment of Han-Zhou Huang as representative of Institutional Director of the company, with effect from April 29, 2022.Price Target Changed • Apr 27Price target increased to NT$25.00Up from NT$21.53, the current price target is provided by 1 analyst. New target price is 12% below last closing price of NT$28.30. Stock is down 16% over the past year. The company posted earnings per share of NT$0.80 last year.Reported Earnings • Mar 06Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.80 (down from NT$1.03 in FY 2020). Revenue: NT$27.9b (down 13% from FY 2020). Net income: NT$433.9m (down 22% from FY 2020). Profit margin: 1.6% (down from 1.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 13% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 06Alpha Networks Inc., Annual General Meeting, May 31, 2022Alpha Networks Inc., Annual General Meeting, May 31, 2022. Location: Bach Hall of HSP Link. 4F, No. 1, Industry E. 2nd Rd. Science-Based Industrial Park Hsinchu Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider the Report of the Distribution of the Employees' Compensation and Directors' Remuneration of 2021; to consider the Report of the Appropriation of Cash Dividends from 2021 Earnings; to consider the Report of the Cash Distribution of Capital Surplus; and to consider other matters.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.45 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$6.71b (down 31% from 3Q 2020). Net income: NT$111.8m (down 53% from 3Q 2020). Profit margin: 1.7% (down from 2.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.39 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.56b (down 2.2% from 2Q 2020). Net income: NT$116.2m (down 45% from 2Q 2020). Profit margin: 1.5% (down from 2.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.24 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$7.19b (up 44% from 1Q 2020). Net income: NT$113.2m (up NT$242.5m from 1Q 2020). Profit margin: 1.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$29.20, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 66% over the past three years.分析記事 • Apr 19Is Alpha Networks (TPE:3380) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Apr 01Should You Investigate Alpha Networks Inc. (TPE:3380) At NT$37.05?While Alpha Networks Inc. ( TPE:3380 ) might not be the most widely known stock at the moment, it received a lot of...Executive Departure • Mar 23Chief Executive Officer John Lee has left the companyOn the 19th of March, John Lee's tenure as Chief Executive Officer of the company ended. We don't have any record of a personal shareholding under John's name. John is the only executive to leave the company over the last 12 months.お知らせ • Mar 21Alpha Networks Inc. Appoints Wen-Fang (April) Huang as Chief Executive OfficerAlpha Networks Inc. appoints Wen-Fang (April) Huang, Chairman of the company as Chief Executive Officer to expand the global business and innovative areas, effective March 19, 2021.Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$1.03 (vs NT$0.44 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$32.2b (up 103% from FY 2019). Net income: NT$557.0m (up 133% from FY 2019). Profit margin: 1.7% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.分析記事 • Mar 15Did You Participate In Any Of Alpha Networks' (TPE:3380) Fantastic 157% Return ?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...お知らせ • Mar 06Alpha Networks Inc., Annual General Meeting, Mar 22, 2021Alpha Networks Inc., Annual General Meeting, Mar 22, 2021, at 14:30 Taipei Standard Time. Location: B2F No.108, Sec. 1, Dunhua S. Rd.,Songshan Dist. Taipei City Taiwan分析記事 • Feb 05How Many Alpha Networks Inc. (TPE:3380) Shares Do Institutions Own?Every investor in Alpha Networks Inc. ( TPE:3380 ) should be aware of the most powerful shareholder groups...分析記事 • Jan 21Can Mixed Fundamentals Have A Negative Impact on Alpha Networks Inc. (TPE:3380) Current Share Price Momentum?Alpha Networks' (TPE:3380) stock is up by a considerable 28% over the past three months. However, we decided to pay...分析記事 • Jan 06How Does Alpha Networks Inc. (TPE:3380) Fare As A Dividend Stock?Is Alpha Networks Inc. ( TPE:3380 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$38.90, the stock is trading at a trailing P/E ratio of 54.1x, up from the previous P/E ratio of 43.3x. This compares to an average P/E of 24x in the Communications industry in Taiwan. Total returns to shareholders over the past three years are 69%.Is New 90 Day High Low • Jan 05New 90-day high: NT$35.40The company is up 29% from its price of NT$27.45 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.分析記事 • Dec 22Is Alpha Networks (TPE:3380) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 07Shareholders Of Alpha Networks (TPE:3380) Must Be Happy With Their 130% Total ReturnWhen we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...Is New 90 Day High Low • Nov 28New 90-day high: NT$29.60The company is up 5.0% from its price of NT$28.15 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 6.0% over the same period.分析記事 • Nov 22Should You Use Alpha Networks's (TPE:3380) Statutory Earnings To Analyse It?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.44The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$9.67b (up 143% from 3Q 2019). Net income: NT$240.1m (up 174% from 3Q 2019). Profit margin: 2.5% (up from 2.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.業績と収益の成長予測TWSE:3380 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202726,676N/AN/A-553112/31/202624,144N/AN/A-32713/31/202623,252-35-1,042-780N/A12/31/202522,462-194404677N/A9/30/202521,683-283-411265N/A6/30/202520,797-322-148536N/A3/31/202520,788461,2671,948N/A12/31/202421,4442196011,287N/A9/30/202422,6123531,5181,840N/A6/30/202423,5224652,2742,652N/A3/31/202425,5834411,8342,244N/A12/31/202328,2725481,9632,702N/A9/30/202330,7177213,9885,117N/A6/30/202334,0879533,6984,872N/A3/31/202334,6299572,4273,622N/A12/31/202233,6349174431,561N/A9/30/202230,801785-1,813-1,257N/A6/30/202228,276581-3,861-3,328N/A3/31/202227,544454-2,922-2,429N/A12/31/202127,862434-1,190-900N/A9/30/202131,244576-939-350N/A6/30/202134,2107044181,163N/A3/31/202134,380800-928245N/A12/31/202032,171557-1,348-14N/A9/30/202027,059388-1,549-475N/A6/30/202021,370236-932-94N/A3/31/202017,594109392759N/A12/31/201915,826239N/A392N/A9/30/201915,233287N/A31N/A6/30/201914,835221N/A-864N/A3/31/201914,836-27N/A-376N/A12/31/201815,608-88N/A354N/A9/30/201815,885-132N/A637N/A6/30/201817,1397N/A593N/A3/31/201818,281317N/A500N/A12/31/201719,057549N/A682N/A9/30/201719,831600N/A947N/A6/30/201720,067537N/A2,087N/A3/31/201721,406702N/A2,177N/A12/31/201621,831608N/A2,297N/A9/30/201622,065371N/A2,871N/A6/30/201622,457-18N/A1,880N/A3/31/201622,328-329N/A1,519N/A12/31/201522,995-340N/A1,874N/A9/30/201523,90530N/A2,002N/A6/30/201524,002457N/A2,492N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3380の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3380の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3380の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3380の収益 ( 8% ) TW市場 ( 18.2% ) よりも低い成長が予測されています。高い収益成長: 3380の収益 ( 8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3380の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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 01:52終値2026/05/08 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Alpha Networks Inc. 1 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。6 アナリスト機関Yiho LiuCapital Securities CorporationChao ChengCLSAJackson ChiangKGI Securities Co. Ltd.3 その他のアナリストを表示
Price Target Changed • Jul 08Price target decreased by 10% to NT$31.00Down from NT$34.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$27.85. Stock is down 21% over the past year. The company posted earnings per share of NT$0.40 last year.
Price Target Changed • Apr 27Price target increased to NT$25.00Up from NT$21.53, the current price target is provided by 1 analyst. New target price is 12% below last closing price of NT$28.30. Stock is down 16% over the past year. The company posted earnings per share of NT$0.80 last year.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.098 (vs NT$0.20 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.098 (up from NT$0.20 loss in 1Q 2025). Revenue: NT$5.31b (up 18% from 1Q 2025). Net income: NT$53.2m (up NT$159.2m from 1Q 2025). Profit margin: 1.0% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 30% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
New Risk • Mar 04New 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 7.1% 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. Paying a dividend despite being loss-making. Cash payout ratio: 134% Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
お知らせ • Feb 26Alpha Networks Inc., Annual General Meeting, May 26, 2026Alpha Networks Inc., Annual General Meeting, May 26, 2026. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: NT$0.36 loss per share (vs NT$0.40 profit in FY 2024)Full year 2025 results: NT$0.36 loss per share (down from NT$0.40 profit in FY 2024). Revenue: NT$22.5b (up 4.7% from FY 2024). Net loss: NT$193.9m (down 189% from profit in FY 2024). Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 32% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
New Risk • Nov 05New 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 6.8% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.052 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (up from NT$0.052 loss in 3Q 2024). Revenue: NT$5.84b (up 18% from 3Q 2024). Net income: NT$10.1m (up NT$38.2m from 3Q 2024). Profit margin: 0.2% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Aug 21Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$27.40. The fair value is estimated to be NT$22.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to NT$27.60. The fair value is estimated to be NT$22.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 02Second quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.48 profit in 2Q 2024)Second quarter 2025 results: NT$0.19 loss per share (down from NT$0.48 profit in 2Q 2024). Revenue: NT$5.69b (flat on 2Q 2024). Net loss: NT$104.7m (down 140% from profit in 2Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Price Target Changed • Jul 08Price target decreased by 10% to NT$31.00Down from NT$34.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$27.85. Stock is down 21% over the past year. The company posted earnings per share of NT$0.40 last year.
Declared Dividend • Jul 04Dividend reduced to NT$1.00Dividend of NT$1.00 is 1.0% lower than last year. Ex-date: 17th July 2025 Payment date: 13th August 2025 Dividend yield will be 3.4%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 11x earnings). However, it is well covered by cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1,206% to bring the payout ratio under control. However, EPS has declined by 16% over the last 5 years so the company would need to reverse this trend.
New Risk • May 04New major risk - Revenue and earnings growthEarnings have declined by 1.1% 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 Risk Earnings have declined by 1.1% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (248% payout ratio). Profit margins are more than 30% lower than last year (0.2% net profit margin).
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Director Joe Huang 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: Insufficient board refreshment.
お知らせ • Apr 25Alpha Networks Inc. to Report Q1, 2025 Results on May 02, 2025Alpha Networks Inc. announced that they will report Q1, 2025 results on May 02, 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$24.85, the stock trades at a trailing P/E ratio of 61.6x. Average forward P/E is 14x in the Communications industry in Taiwan. Total loss to shareholders of 8.1% over the past three years.
お知らせ • Mar 04Alpha Networks Inc., Annual General Meeting, May 27, 2025Alpha Networks Inc., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
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 Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Nov 25These 4 Measures Indicate That Alpha Networks (TWSE:3380) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Nov 15Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million.Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024. Under the terms of the transaction, Tai Tung Communication Co., Ltd. (TWSE:8011) will divest 6.2 million shares valued at NTD 71.8 per share. Yuh Chia & Co. and Deng Zhi Ping Accountant served as the accountants for Tai Tung Communication Co., Ltd. (TWSE:8011) in its divestment. Alpha Networks Inc. (TWSE:3380) completed the acquisition of 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024.
Reported Earnings • Nov 05Third quarter 2024 earnings released: NT$0.05 loss per share (vs NT$0.15 profit in 3Q 2023)Third quarter 2024 results: NT$0.05 loss per share (down from NT$0.15 profit in 3Q 2023). Revenue: NT$4.95b (down 16% from 3Q 2023). Net loss: NT$28.0m (down 134% from profit in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Oct 25Alpha Networks Inc. to Report Q3, 2024 Results on Nov 01, 2024Alpha Networks Inc. announced that they will report Q3, 2024 results on Nov 01, 2024
分析記事 • Sep 10When Should You Buy Alpha Networks Inc. (TWSE:3380)?While Alpha Networks Inc. ( TWSE:3380 ) might not have the largest market cap around , it saw a decent share price...
New Risk • Aug 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 189% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (118% payout ratio). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Aug 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to NT$28.85. The fair value is estimated to be NT$36.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat.
お知らせ • Jul 19Alpha Networks Inc. to Report Q2, 2024 Results on Jul 26, 2024Alpha Networks Inc. announced that they will report Q2, 2024 results on Jul 26, 2024
分析記事 • Jun 30Alpha Networks (TWSE:3380) Is Paying Out Less In Dividends Than Last YearAlpha Networks Inc. ( TWSE:3380 ) is reducing its dividend from last year's comparable payment to NT$1.01 on the 9th of...
Declared Dividend • Jun 29Dividend reduced to NT$1.01Dividend of NT$1.01 is 40% lower than last year. Ex-date: 12th July 2024 Payment date: 9th August 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not covered by earnings (124% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 38% to bring the payout ratio under control, which is more than the 25% EPS growth achieved over the last 5 years.
お知らせ • Jun 28Alpha Networks Inc. Approves Cash Dividend, Payable on August 9, 2024On June 27, 2024, the board of directors of Alpha Networks Inc. approved Ex- Dividend, Cash dividend of TWD 547,135,645 equivalent to TWD 1.01 per share. payable on August 9, 2024. The Ex- dividend date is July 12, 2024. Ex-rights (Ex-dividend) record date is July 20, 2024.
分析記事 • May 29Alpha Networks Inc.'s (TWSE:3380) Business Is Yet to Catch Up With Its Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider Alpha...
Reported Earnings • May 07First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.32 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.32 in 1Q 2023). Revenue: NT$5.18b (down 34% from 1Q 2023). Net income: NT$66.5m (down 62% from 1Q 2023). Profit margin: 1.3% (down from 2.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Apr 28Alpha Networks Inc. to Report Q1, 2024 Results on May 03, 2024Alpha Networks Inc. announced that they will report Q1, 2024 results on May 03, 2024
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$1.01 (vs NT$1.69 in FY 2022)Full year 2023 results: EPS: NT$1.01 (down from NT$1.69 in FY 2022). Revenue: NT$28.3b (down 16% from FY 2022). Net income: NT$547.9m (down 40% from FY 2022). Profit margin: 1.9% (down from 2.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 28Alpha Networks Inc., Annual General Meeting, May 31, 2024Alpha Networks Inc., Annual General Meeting, May 31, 2024. Location: Darwin Hall of HSP Link 2F, No. 1, Industry E. 2nd Rd. Science-Based Industrial Park Hsinchu Taiwan Agenda: To consider 2023 business report; to consider the Audit Committee's review report on the 2023 financial statements; to the report of the distribution of the employees' compensation and directors' remuneration of 2023; to consider the report of the distribution of cash dividends from 2023 earnings; to consider Cause for convening the meeting; and to discuss other matters.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$0.15 (vs NT$0.58 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.15 (down from NT$0.58 in 3Q 2022). Revenue: NT$5.86b (down 37% from 3Q 2022). Net income: NT$83.4m (down 74% from 3Q 2022). Profit margin: 1.4% (down from 3.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan. 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 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: NT$0.44 (vs NT$0.45 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.44 (down from NT$0.45 in 2Q 2022). Revenue: NT$7.75b (down 6.5% from 2Q 2022). Net income: NT$238.9m (down 1.7% from 2Q 2022). Profit margin: 3.1% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 15New 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 6.4% 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 Dividend is not well covered by earnings (96% payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).
Upcoming Dividend • Jul 10Upcoming dividend of NT$1.69 per share at 3.9% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 11 August 2023. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$43.80, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 19x in the Communications industry in Taiwan. Total returns to shareholders of 72% over the past three years.
お知らせ • Jun 30Alpha Networks Inc. Approves Cash Dividend for the Year 2022, Payable on August 11, 2023Alpha Networks Inc. announced at shareholders meeting held on June 29, 2023, the shareholders approved the cash dividend from 2022 earnings is TWD 915,504,197 equivalent to TWD 1.69 per share. Ex-rights (ex-dividend) trading date is July 17, 2023. Ex-rights (ex-dividend) record date is July 23, 2023. Payment date of cash dividend distribution is August 11, 2023.
お知らせ • Jun 01Alpha Networks Inc. Appoints Julian Chen as Member of Audit Committee and Remuneration CommitteeAlpha Networks Inc. appointed Julian Chen as Member of Audit committee and Remuneration committee. Resume: Chairperson of Ray Wing Research & Investment Corp. Effective date of the new member: May 31, 2023.
Buying Opportunity • Apr 21Now 25% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be NT$47.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 36%.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$1.69 (vs NT$0.80 in FY 2021)Full year 2022 results: EPS: NT$1.69 (up from NT$0.80 in FY 2021). Revenue: NT$33.6b (up 21% from FY 2021). Net income: NT$917.1m (up 111% from FY 2021). Profit margin: 2.7% (up from 1.6% 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 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less 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: 3 independent directors. 4 non-independent directors. Independent Director Shu-Hsing Li 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.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.58 (up from NT$0.21 in 3Q 2021). Revenue: NT$9.23b (up 38% from 3Q 2021). Net income: NT$315.3m (up 182% from 3Q 2021). Profit margin: 3.4% (up from 1.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.25, the stock trades at a trailing P/E ratio of 25.4x. Average forward P/E is 11x in the Communications industry in Taiwan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.21 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.45 (up from NT$0.21 in 2Q 2021). Revenue: NT$8.29b (up 9.7% from 2Q 2021). Net income: NT$243.0m (up 109% from 2Q 2021). Profit margin: 2.9% (up from 1.5% 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 33% 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$0.80 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 12 August 2022. Payout ratio is on the higher end at 95% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$29.60, the stock trades at a trailing P/E ratio of 35.3x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Board Change • May 06High 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. 5 experienced directors. No highly experienced directors. Vice Chairman Peter Chen is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 04Alpha Networks Inc. Announces Executive ChangesAlpha Networks Inc. announced appointment of Wen-Fang Huang as CEO. Name of the previous position holder: Yu-Chin Lin. Resume of the previous position holder: President of the Alpha Networks Inc. Name of the new position holder: Wen-Fang Huang. Resume of the new position holder: CEO. Effective date of the new appointment: May 3, 2022.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.21 in 1Q 2021)First quarter 2022 results: EPS: NT$0.25 (up from NT$0.21 in 1Q 2021). Revenue: NT$6.87b (down 4.4% from 1Q 2021). Net income: NT$133.8m (up 18% from 1Q 2021). Profit margin: 1.9% (up from 1.6% in 1Q 2021). The increase in margin was driven by lower expenses. 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 13% per year, which means it is significantly lagging earnings growth.
お知らせ • May 02+ 1 more updateAlpha Networks Inc. Announces Appointment of Han-Zhou Huang as Representative of Institutional DirectorAlpha Networks Inc. announced the appointment of Han-Zhou Huang as representative of Institutional Director of the company, with effect from April 29, 2022.
Price Target Changed • Apr 27Price target increased to NT$25.00Up from NT$21.53, the current price target is provided by 1 analyst. New target price is 12% below last closing price of NT$28.30. Stock is down 16% over the past year. The company posted earnings per share of NT$0.80 last year.
Reported Earnings • Mar 06Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.80 (down from NT$1.03 in FY 2020). Revenue: NT$27.9b (down 13% from FY 2020). Net income: NT$433.9m (down 22% from FY 2020). Profit margin: 1.6% (down from 1.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 13% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 06Alpha Networks Inc., Annual General Meeting, May 31, 2022Alpha Networks Inc., Annual General Meeting, May 31, 2022. Location: Bach Hall of HSP Link. 4F, No. 1, Industry E. 2nd Rd. Science-Based Industrial Park Hsinchu Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider the Report of the Distribution of the Employees' Compensation and Directors' Remuneration of 2021; to consider the Report of the Appropriation of Cash Dividends from 2021 Earnings; to consider the Report of the Cash Distribution of Capital Surplus; and to consider other matters.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.45 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$6.71b (down 31% from 3Q 2020). Net income: NT$111.8m (down 53% from 3Q 2020). Profit margin: 1.7% (down from 2.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 20Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.39 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.56b (down 2.2% from 2Q 2020). Net income: NT$116.2m (down 45% from 2Q 2020). Profit margin: 1.5% (down from 2.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.24 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$7.19b (up 44% from 1Q 2020). Net income: NT$113.2m (up NT$242.5m from 1Q 2020). Profit margin: 1.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$29.20, the stock trades at a trailing P/E ratio of 28.3x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 66% over the past three years.
分析記事 • Apr 19Is Alpha Networks (TPE:3380) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Apr 01Should You Investigate Alpha Networks Inc. (TPE:3380) At NT$37.05?While Alpha Networks Inc. ( TPE:3380 ) might not be the most widely known stock at the moment, it received a lot of...
Executive Departure • Mar 23Chief Executive Officer John Lee has left the companyOn the 19th of March, John Lee's tenure as Chief Executive Officer of the company ended. We don't have any record of a personal shareholding under John's name. John is the only executive to leave the company over the last 12 months.
お知らせ • Mar 21Alpha Networks Inc. Appoints Wen-Fang (April) Huang as Chief Executive OfficerAlpha Networks Inc. appoints Wen-Fang (April) Huang, Chairman of the company as Chief Executive Officer to expand the global business and innovative areas, effective March 19, 2021.
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$1.03 (vs NT$0.44 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$32.2b (up 103% from FY 2019). Net income: NT$557.0m (up 133% from FY 2019). Profit margin: 1.7% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
分析記事 • Mar 15Did You Participate In Any Of Alpha Networks' (TPE:3380) Fantastic 157% Return ?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
お知らせ • Mar 06Alpha Networks Inc., Annual General Meeting, Mar 22, 2021Alpha Networks Inc., Annual General Meeting, Mar 22, 2021, at 14:30 Taipei Standard Time. Location: B2F No.108, Sec. 1, Dunhua S. Rd.,Songshan Dist. Taipei City Taiwan
分析記事 • Feb 05How Many Alpha Networks Inc. (TPE:3380) Shares Do Institutions Own?Every investor in Alpha Networks Inc. ( TPE:3380 ) should be aware of the most powerful shareholder groups...
分析記事 • Jan 21Can Mixed Fundamentals Have A Negative Impact on Alpha Networks Inc. (TPE:3380) Current Share Price Momentum?Alpha Networks' (TPE:3380) stock is up by a considerable 28% over the past three months. However, we decided to pay...
分析記事 • Jan 06How Does Alpha Networks Inc. (TPE:3380) Fare As A Dividend Stock?Is Alpha Networks Inc. ( TPE:3380 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$38.90, the stock is trading at a trailing P/E ratio of 54.1x, up from the previous P/E ratio of 43.3x. This compares to an average P/E of 24x in the Communications industry in Taiwan. Total returns to shareholders over the past three years are 69%.
Is New 90 Day High Low • Jan 05New 90-day high: NT$35.40The company is up 29% from its price of NT$27.45 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 24% over the same period.
分析記事 • Dec 22Is Alpha Networks (TPE:3380) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 07Shareholders Of Alpha Networks (TPE:3380) Must Be Happy With Their 130% Total ReturnWhen we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
Is New 90 Day High Low • Nov 28New 90-day high: NT$29.60The company is up 5.0% from its price of NT$28.15 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 6.0% over the same period.
分析記事 • Nov 22Should You Use Alpha Networks's (TPE:3380) Statutory Earnings To Analyse It?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.44The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$9.67b (up 143% from 3Q 2019). Net income: NT$240.1m (up 174% from 3Q 2019). Profit margin: 2.5% (up from 2.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.