View Past PerformanceArcadyan Technology バランスシートの健全性財務の健全性 基準チェック /66Arcadyan Technologyの総株主資本はNT$15.8B 、総負債はNT$331.2Mで、負債比率は2.1%となります。総資産と総負債はそれぞれNT$54.0BとNT$38.2Bです。 Arcadyan Technologyの EBIT はNT$3.5Bで、利息カバレッジ比率-12.6です。現金および短期投資はNT$18.7Bです。主要情報2.09%負債資本比率NT$331.20m負債インタレスト・カバレッジ・レシオ-12.6x現金NT$18.73bエクイティNT$15.82b負債合計NT$38.22b総資産NT$54.04b財務の健全性に関する最新情報分析記事 • Feb 04These 4 Measures Indicate That Arcadyan Technology (TWSE:3596) Is Using Debt SafelyDavid 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 • Sep 23Arcadyan Technology (TWSE:3596) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • May 22Is Arcadyan Technology (TWSE:3596) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 23Arcadyan Technology (TPE:3596) Has A Rock Solid Balance SheetThe 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 21These 4 Measures Indicate That Arcadyan Technology (TPE:3596) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2026 results: EPS: NT$3.12 (up from NT$3.08 in 1Q 2025). Revenue: NT$12.8b (flat on 1Q 2025). Net income: NT$688.3m (up 1.4% from 1Q 2025). Profit margin: 5.4% (up from 5.3% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.6% 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, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Apr 28Now 20% overvaluedOver the last 90 days, the stock has fallen 8.7% to NT$164. The fair value is estimated to be NT$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Buy Or Sell Opportunity • Mar 27Now 21% overvaluedOver the last 90 days, the stock has fallen 5.3% to NT$169. The fair value is estimated to be NT$139, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$166, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Communications industry in Taiwan. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$137 per share.Upcoming Dividend • Mar 19Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (1.3%).お知らせ • Feb 27Arcadyan Technology Corporation announces Annual dividend, payable on April 29, 2026Arcadyan Technology Corporation announced Annual dividend of TWD 8.0000 per share payable on April 29, 2026, ex-date on March 26, 2026 and record date on March 28, 2026.お知らせ • Feb 26Arcadyan Technology Corporation, Annual General Meeting, May 27, 2026Arcadyan Technology Corporation, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,8, sec.2 kuang fu rd., hsinchu city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$12.60 (vs NT$11.28 in FY 2024)Full year 2025 results: EPS: NT$12.60 (up from NT$11.28 in FY 2024). Revenue: NT$53.0b (up 8.2% from FY 2024). Net income: NT$2.78b (up 12% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% 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, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 31Price target increased by 7.0% to NT$261Up from NT$244, the current price target is an average from 5 analysts. New target price is 29% above last closing price of NT$202. Stock is up 25% over the past year. The company is forecast to post earnings per share of NT$12.38 for next year compared to NT$11.28 last year.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$3.42 (up from NT$2.99 in 3Q 2024). Revenue: NT$13.8b (up 14% from 3Q 2024). Net income: NT$753.7m (up 15% from 3Q 2024). Profit margin: 5.5% (up from 5.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 9.3% 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, earnings per share has increased by 10% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$3.02 (up from NT$2.66 in 2Q 2024). Revenue: NT$13.5b (up 11% from 2Q 2024). Net income: NT$665.8m (up 14% from 2Q 2024). Profit margin: 4.9% (up from 4.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 9.7% 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 increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 26Upcoming dividend of NT$7.50 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).Price Target Changed • May 09Price target increased by 9.1% to NT$230Up from NT$211, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$235. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$13.30 for next year compared to NT$11.28 last year.Reported Earnings • May 09First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$3.08 (up from NT$2.82 in 1Q 2024). Revenue: NT$12.7b (up 1.2% from 1Q 2024). Net income: NT$678.7m (up 9.1% from 1Q 2024). Profit margin: 5.3% (up from 5.0% in 1Q 2024). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 01Arcadyan Technology Corporation to Report Q1, 2025 Results on May 07, 2025Arcadyan Technology Corporation announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$191, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Communications industry in Taiwan. Total returns to shareholders of 86% over the past three years.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.3% average weekly change).分析記事 • Mar 24Investors Still Waiting For A Pull Back In Arcadyan Technology Corporation (TWSE:3596)With a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...Price Target Changed • Mar 05Price target increased by 7.7% to NT$203Up from NT$189, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$209. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$13.50 for next year compared to NT$11.28 last year.Reported Earnings • Feb 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$11.28 (up from NT$10.99 in FY 2023). Revenue: NT$49.0b (down 4.3% from FY 2023). Net income: NT$2.49b (up 2.7% from FY 2023). Profit margin: 5.1% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27Arcadyan Technology Corporation, Annual General Meeting, May 28, 2025Arcadyan Technology Corporation, Annual General Meeting, May 28, 2025. Location: no,8, sec.2 kuang fu rd., hsinchu city Taiwanお知らせ • Feb 19Arcadyan Technology Corporation to Report Q4, 2024 Results on Feb 26, 2025Arcadyan Technology Corporation announced that they will report Q4, 2024 results on Feb 26, 2025分析記事 • Feb 04These 4 Measures Indicate That Arcadyan Technology (TWSE:3596) Is Using Debt SafelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 20Arcadyan Technology Corporation (TWSE:3596) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-earnings (or "P/E") ratio of 15.4x Arcadyan Technology Corporation ( TWSE:3596 ) may be sending bullish...分析記事 • Nov 11Arcadyan Technology's (TWSE:3596) Solid Earnings Are Supported By Other Strong FactorsArcadyan Technology Corporation's ( TWSE:3596 ) strong earnings report was rewarded with a positive stock price move...Price Target Changed • Nov 09Price target increased by 12% to NT$189Up from NT$169, the current price target is an average from 4 analysts. New target price is 6.6% above last closing price of NT$177. Stock is up 7.9% over the past year. The company is forecast to post earnings per share of NT$11.13 for next year compared to NT$10.98 last year.分析記事 • Nov 07Earnings Beat: Arcadyan Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsShareholders of Arcadyan Technology Corporation ( TWSE:3596 ) will be pleased this week, given that the stock price is...Reported Earnings • Nov 05Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.98 (down from NT$3.12 in 3Q 2023). Revenue: NT$12.2b (down 12% from 3Q 2023). Net income: NT$657.7m (down 4.4% from 3Q 2023). Profit margin: 5.4% (up from 5.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 4.5% 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 13% per year whereas the company’s share price has increased by 12% per year.お知らせ • Oct 26Arcadyan Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Arcadyan Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024分析記事 • Sep 23Arcadyan Technology (TWSE:3596) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Sep 19Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to NT$146. The fair value is estimated to be NT$120, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 2.2% in a year. Earnings are forecast to decline by 4.6% in the next year.分析記事 • Sep 04Under The Bonnet, Arcadyan Technology's (TWSE:3596) Returns Look ImpressiveTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...分析記事 • Aug 13Arcadyan Technology Corporation (TWSE:3596) Shares Could Be 30% Above Their Intrinsic Value EstimateKey Insights The projected fair value for Arcadyan Technology is NT$110 based on 2 Stage Free Cash Flow to Equity...Buy Or Sell Opportunity • Aug 07Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to NT$136. The fair value is estimated to be NT$110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 2.2% in a year. Earnings are forecast to decline by 4.6% in the next year.Reported Earnings • Jul 28Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.66 (up from NT$2.61 in 2Q 2023). Revenue: NT$12.2b (flat on 2Q 2023). Net income: NT$586.3m (up 1.9% from 2Q 2023). Profit margin: 4.8% (up from 4.7% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to stay flat 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 11% per year whereas the company’s share price has increased by 14% per year.お知らせ • Jul 18Arcadyan Technology Corporation to Report Q2, 2024 Results on Jul 25, 2024Arcadyan Technology Corporation announced that they will report Q2, 2024 results on Jul 25, 2024New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jul 08Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.4%).分析記事 • May 22Is Arcadyan Technology (TWSE:3596) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • May 09Price target decreased by 8.5% to NT$177Down from NT$194, the current price target is an average from 5 analysts. New target price is 13% above last closing price of NT$158. Stock is up 43% over the past year. The company is forecast to post earnings per share of NT$10.81 for next year compared to NT$10.98 last year.Major Estimate Revision • May 07Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$56.0b to NT$54.9b. EPS estimate also fell from NT$12.13 per share to NT$9.63 per share. Net income forecast to shrink 3.7% next year vs 20% growth forecast for Communications industry in Taiwan . Consensus price target down from NT$189 to NT$184. Share price fell 6.1% to NT$163 over the past week.Reported Earnings • May 02First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: NT$2.82 (up from NT$2.25 in 1Q 2023). Revenue: NT$12.5b (up 14% from 1Q 2023). Net income: NT$622.4m (up 25% from 1Q 2023). Profit margin: 5.0% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.9% 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 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • May 02Dividend of NT$7.00 announcedShareholders will receive a dividend of NT$7.00. Ex-date: 15th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 30Arcadyan Technology Corporation Announces Cash Distribution, Payable on August 9, 2024Arcadyan Technology Corporation announced cash dividend of TWD 1,322,125,926. Cash distribution from capital surplus: TWD 220,354,321. Ex-rights (ex-dividend) trading date: July 15, 2024. Ex-rights (ex-dividend) record date: July 21, 2024. Payment date of common stock cash dividend distribution is August 9, 2024.分析記事 • Apr 12Estimating The Fair Value Of Arcadyan Technology Corporation (TWSE:3596)Key Insights Arcadyan Technology's estimated fair value is NT$181 based on Dividend Discount Model Arcadyan...お知らせ • Apr 12Cub Elecparts Inc. Files Patent Infringement Lawsuit Against Arcadyan Technology Corporation and Xin Feng Commercial Limited CompanyArcadyan Technology Corporation is suspected of infringing on CUB's invention patents for vehicle radar devices. After investigation, CUB ELECPARTS INC recently discovered that Arcadyan Company was involved in manufacturing the ”79G inner wheel differential radar” with the product model RS1000 without the authorization of CUB. Arcadyan Company not only publicly displayed the product on its official YouTube channel without authorization, but also used This product participated in the AMPA Taipei & Autotronics Taipei 2023. In addition, CUB also found that Arcadyan Company sold the RS1000 ”79G Inner Wheel Differential Radar” to Xin Feng Commercial Limited Company. (Xin Feng Company), and then Xin Feng Company resold it to consumers. It has been suspected of infringing CUB's patents. In response to Arcadyan Company and Xin Feng Company's alleged infringement of patent rights of CUB ELECPARTS INC, CUB company has not only obtained the marketing materials of the infringing products from third parties, but also purchased the related products suspected of infringement in order to preserve evidence. Parties to the legal matter: Plaintiff: CUB ELECPARTS INC. Defendants: Arcadyan Technology Corporation and Xin Feng Commercial Limited Company.分析記事 • Mar 28Arcadyan Technology Corporation's (TWSE:3596) Business And Shares Still Trailing The MarketWith a price-to-earnings (or "P/E") ratio of 17.4x Arcadyan Technology Corporation ( TWSE:3596 ) may be sending bullish...Price Target Changed • Feb 27Price target increased by 9.1% to NT$194Up from NT$177, the current price target is an average from 5 analysts. New target price is 7.6% above last closing price of NT$180. Stock is up 69% over the past year. The company is forecast to post earnings per share of NT$12.13 for next year compared to NT$10.98 last year.Reported Earnings • Feb 25Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.98 (up from NT$9.20 in FY 2022). Revenue: NT$51.2b (up 8.5% from FY 2022). Net income: NT$2.42b (up 20% from FY 2022). Profit margin: 4.7% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 23+ 1 more updateArcadyan Technology Corporation, Annual General Meeting, May 30, 2024Arcadyan Technology Corporation, Annual General Meeting, May 30, 2024. Location: Shareholders meeting location:No.8, Sec.2 Guangfu Rd., Hsinchu City 30071 Taiwan, R.O.C. Hsinchu Taiwan Agenda: To consider Report on the business status of 2023; To consider Audit Committees review report of 2023; To consider Report on the distribution of remuneration to employees and directors of 2023; To consider Report on the earnings distribution of cash dividends of 2023.Price Target Changed • Nov 08Price target increased by 14% to NT$167Up from NT$147, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$168. Stock is up 74% over the past year. The company is forecast to post earnings per share of NT$10.81 for next year compared to NT$9.20 last year.Reported Earnings • Nov 07Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$3.12 (up from NT$2.60 in 3Q 2022). Revenue: NT$13.9b (up 8.5% from 3Q 2022). Net income: NT$687.7m (up 21% from 3Q 2022). Profit margin: 5.0% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 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 8% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Sep 06Price target increased by 8.4% to NT$147Up from NT$136, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of NT$158. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$10.50 for next year compared to NT$9.20 last year.Reported Earnings • Aug 03Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$2.61 (up from NT$1.95 in 2Q 2022). Revenue: NT$12.1b (up 12% from 2Q 2022). Net income: NT$575.4m (up 35% from 2Q 2022). Profit margin: 4.7% (up from 3.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.6% 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 increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jul 17Price target increased by 11% to NT$127Up from NT$114, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$131. Stock is up 10% over the past year. The company is forecast to post earnings per share of NT$10.01 for next year compared to NT$9.20 last year.Upcoming Dividend • Jul 06Upcoming dividend of NT$6.50 per share at 5.1% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 09 August 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).お知らせ • Jun 16Arcadyan Technology Corporation Announces Appointment of Cheng Hua Sun as DirectorArcadyan Technology Corporation announced appointment of Cheng hua sun as director at the 2023 Annual General Shareholders Meeting. Resume: Judge of Civil Counts and Presiding Judge of Criminal Counts of Taiwan Taipei District Court. Effective date 15 June 2023.Price Target Changed • Jun 01Price target increased by 7.2% to NT$114Up from NT$106, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$116. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of NT$9.95 for next year compared to NT$9.20 last year.お知らせ • May 06Arcadyan Technology Corporation Approves Cash Dividend, Payable on August 9, 2023Arcadyan Technology Corporation announced cash dividend of TWD 1,211,948,766. Cash distribution from capital surplus of TWD 220,354,321. Ex-rights (ex-dividend) trading date is July 13, 2023. Ex-rights (ex-dividend) record date is July 19, 2023. Payment date of cash dividend distribution is August 9, 2023.Price Target Changed • Apr 26Price target decreased by 7.6% to NT$104Down from NT$113, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$99.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of NT$9.03 for next year compared to NT$9.20 last year.Reported Earnings • Mar 16Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$9.20 (up from NT$8.60 in FY 2021). Revenue: NT$47.2b (up 23% from FY 2021). Net income: NT$2.01b (up 13% from FY 2021). Profit margin: 4.3% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.6% 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 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 18Price target decreased to NT$115Down from NT$127, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$97.80. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$9.04 for next year compared to NT$8.60 last year.Board Change • Nov 16Less 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. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ching-Jang Wen was the last independent director to join the board, commencing their role in 2008. 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 • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.60 (up from NT$2.35 in 3Q 2021). Revenue: NT$12.8b (up 35% from 3Q 2021). Net income: NT$570.7m (up 17% from 3Q 2021). Profit margin: 4.5% (down from 5.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.60 (up from NT$2.35 in 3Q 2021). Revenue: NT$12.8b (up 35% from 3Q 2021). Net income: NT$570.7m (up 17% from 3Q 2021). Profit margin: 4.5% (down from 5.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 29Price target decreased to NT$127Down from NT$138, the current price target is an average from 5 analysts. New target price is 46% above last closing price of NT$86.90. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$8.94 for next year compared to NT$8.60 last year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$93.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Communications industry in Taiwan. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$141 per share.Buying Opportunity • Aug 22Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be NT$143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 22% in a year. Earnings is forecast to grow by 22% in the next year.Price Target Changed • Aug 14Price target decreased to NT$135Down from NT$146, the current price target is an average from 4 analysts. New target price is 17% above last closing price of NT$115. Stock is up 29% over the past year. The company is forecast to post earnings per share of NT$8.97 for next year compared to NT$8.60 last year.Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from NT$45.0b to NT$46.4b. EPS estimate fell from NT$9.95 to NT$8.72 per share. Net income forecast to grow 26% next year vs 44% growth forecast for Communications industry in Taiwan. Consensus price target down from NT$146 to NT$143. Share price fell 8.0% to NT$115 over the past week.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$97.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$177 per share.Upcoming Dividend • Jun 27Upcoming dividend of NT$6.71 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 20% in a year. Earnings is forecast to grow by 32% in the next year.Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.80 (down from NT$2.21 in 1Q 2021). Revenue: NT$10.3b (up 7.0% from 1Q 2021). Net income: NT$389.8m (down 14% from 1Q 2021). Profit margin: 3.8% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 17% 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 • Apr 27Less 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. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ching-Jang Wen was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 12Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$8.60 (up from NT$8.36 in FY 2020). Revenue: NT$38.2b (up 13% from FY 2020). Net income: NT$1.79b (up 4.3% from FY 2020). Profit margin: 4.7% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 07Arcadyan Technology Corporation Announces Retirement of Chen Chien-Lin as Research and Development OfficerArcadyan Technology Corporation announced retirement of Chen Chien-Lin as research and development officer of the company, with effect from March 4, 2022.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$126, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Communications industry in Taiwan. Total returns to shareholders of 95% over the past three years.Price Target Changed • Nov 10Price target increased to NT$134Up from NT$124, the current price target is an average from 4 analysts. New target price is 16% above last closing price of NT$116. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$8.33 for next year compared to NT$8.36 last year.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS NT$2.35 (vs NT$2.80 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$9.48b (flat on 3Q 2020). Net income: NT$486.5m (down 15% from 3Q 2020). Profit margin: 5.1% (down from 6.0% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.Price Target Changed • May 14Price target decreased to NT$122Down from NT$137, the current price target is an average from 5 analysts. New target price is 36% above last closing price of NT$89.60. Stock is up 5.8% over the past year.Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$2.20 (vs NT$1.28 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.62b (up 35% from 1Q 2020). Net income: NT$454.4m (up 74% from 1Q 2020). Profit margin: 4.7% (up from 3.7% 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 25% per year whereas the company’s share price has increased by 20% per year.Upcoming Dividend • Apr 08Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 14 May 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.9%).分析記事 • Apr 07Are Investors Undervaluing Arcadyan Technology Corporation (TPE:3596) By 25%?Does the April share price for Arcadyan Technology Corporation ( TPE:3596 ) reflect what it's really worth? Today, we...分析記事 • Mar 23Arcadyan Technology (TPE:3596) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 19Arcadyan Technology Corporation Proposes Distribution of DividendsArcadyan Technology Corporation announced Board of Directors resolved to propose distribution of dividends. Appropriations of earnings in cash dividends to shareholders is TWD 5.5 per share. Total amount of cash distributed to shareholders is TWD 1,354,447,835.お知らせ • Mar 18+ 1 more updateArcadyan Technology Corporation Announces Cash Dividend Payable on May 14, 2021Arcadyan Technology Corporation announced cash dividend of TWD 1,146,071,245 payable on May 14, 2021. Ex-rights (ex-dividend) record date is 2021/04/22.Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$8.36 (vs NT$6.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$33.8b (up 2.6% from FY 2019). Net income: NT$1.71b (up 31% from FY 2019). Profit margin: 5.1% (up from 4.0% 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 25% per year whereas the company’s share price has increased by 28% per year.Is New 90 Day High Low • Mar 12New 90-day high: NT$98.80The company is up 3.0% from its price of NT$95.60 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$212 per share.分析記事 • Mar 08Is Arcadyan Technology Corporation (TPE:3596) A Good Fit For Your Dividend Portfolio?Dividend paying stocks like Arcadyan Technology Corporation ( TPE:3596 ) tend to be popular with investors, and for...分析記事 • Feb 09Could The Market Be Wrong About Arcadyan Technology Corporation (TPE:3596) Given Its Attractive Financial Prospects?With its stock down 2.9% over the past month, it is easy to disregard Arcadyan Technology (TPE:3596). However, a closer...分析記事 • Jan 22Did You Participate In Any Of Arcadyan Technology's (TPE:3596) Fantastic 210% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...Is New 90 Day High Low • Jan 20New 90-day low: NT$90.40The company is down 10.0% from its price of NT$100.00 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$186 per share.分析記事 • Jan 05Can Arcadyan Technology (TPE:3596) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Dec 21These 4 Measures Indicate That Arcadyan Technology (TPE:3596) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 07Here's What You Should Know About Arcadyan Technology Corporation's (TPE:3596) 4.8% Dividend YieldDividend paying stocks like Arcadyan Technology Corporation ( TPE:3596 ) tend to be popular with investors, and for...分析記事 • Nov 22Is There More To The Story Than Arcadyan Technology's (TPE:3596) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Major Estimate Revision • Nov 18Analysts increase EPS estimates to NT$8.15The 2020 consensus revenue estimate increased from NT$33.1b to NT$34.4b. The earnings per share estimate also received an upgrade from NT$7.30 to NT$8.15 for the same period. Net income is expected to grow by 25% next year compared to 24% growth forecast for the Communications industry in Taiwan. The consensus price target increased from NT$104 to NT$111. Share price is up 4.5% to NT$101 over the past week.財務状況分析短期負債: 3596の 短期資産 ( NT$46.7B ) が 短期負債 ( NT$37.9B ) を超えています。長期負債: 3596の短期資産 ( NT$46.7B ) が 長期負債 ( NT$286.7M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 3596総負債よりも多くの現金を保有しています。負債の削減: 3596の負債対資本比率は、過去 5 年間で11.6%から2.1%に減少しました。債務返済能力: 3596の負債は 営業キャッシュフロー によって 十分にカバー されています ( 2272.1% )。インタレストカバレッジ: 3596支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 21:14終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Arcadyan Technology Corporation 5 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。5 アナリスト機関Yiho LiuCapital Securities CorporationJackson ChiangKGI Securities Co. Ltd.Jianzhang SuMasterlink Securities Investment Advisory2 その他のアナリストを表示
分析記事 • Feb 04These 4 Measures Indicate That Arcadyan Technology (TWSE:3596) Is Using Debt SafelyDavid 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 • Sep 23Arcadyan Technology (TWSE:3596) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • May 22Is Arcadyan Technology (TWSE:3596) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 23Arcadyan Technology (TPE:3596) Has A Rock Solid Balance SheetThe 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 21These 4 Measures Indicate That Arcadyan Technology (TPE:3596) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 11First quarter 2026 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2026 results: EPS: NT$3.12 (up from NT$3.08 in 1Q 2025). Revenue: NT$12.8b (flat on 1Q 2025). Net income: NT$688.3m (up 1.4% from 1Q 2025). Profit margin: 5.4% (up from 5.3% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.6% 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, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Apr 28Now 20% overvaluedOver the last 90 days, the stock has fallen 8.7% to NT$164. The fair value is estimated to be NT$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Buy Or Sell Opportunity • Mar 27Now 21% overvaluedOver the last 90 days, the stock has fallen 5.3% to NT$169. The fair value is estimated to be NT$139, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$166, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Communications industry in Taiwan. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$137 per share.
Upcoming Dividend • Mar 19Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (1.3%).
お知らせ • Feb 27Arcadyan Technology Corporation announces Annual dividend, payable on April 29, 2026Arcadyan Technology Corporation announced Annual dividend of TWD 8.0000 per share payable on April 29, 2026, ex-date on March 26, 2026 and record date on March 28, 2026.
お知らせ • Feb 26Arcadyan Technology Corporation, Annual General Meeting, May 27, 2026Arcadyan Technology Corporation, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,8, sec.2 kuang fu rd., hsinchu city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$12.60 (vs NT$11.28 in FY 2024)Full year 2025 results: EPS: NT$12.60 (up from NT$11.28 in FY 2024). Revenue: NT$53.0b (up 8.2% from FY 2024). Net income: NT$2.78b (up 12% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% 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, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 31Price target increased by 7.0% to NT$261Up from NT$244, the current price target is an average from 5 analysts. New target price is 29% above last closing price of NT$202. Stock is up 25% over the past year. The company is forecast to post earnings per share of NT$12.38 for next year compared to NT$11.28 last year.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$3.42 (up from NT$2.99 in 3Q 2024). Revenue: NT$13.8b (up 14% from 3Q 2024). Net income: NT$753.7m (up 15% from 3Q 2024). Profit margin: 5.5% (up from 5.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 9.3% 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, earnings per share has increased by 10% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$3.02 (up from NT$2.66 in 2Q 2024). Revenue: NT$13.5b (up 11% from 2Q 2024). Net income: NT$665.8m (up 14% from 2Q 2024). Profit margin: 4.9% (up from 4.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 9.7% 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 increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 26Upcoming dividend of NT$7.50 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).
Price Target Changed • May 09Price target increased by 9.1% to NT$230Up from NT$211, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$235. Stock is up 49% over the past year. The company is forecast to post earnings per share of NT$13.30 for next year compared to NT$11.28 last year.
Reported Earnings • May 09First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$3.08 (up from NT$2.82 in 1Q 2024). Revenue: NT$12.7b (up 1.2% from 1Q 2024). Net income: NT$678.7m (up 9.1% from 1Q 2024). Profit margin: 5.3% (up from 5.0% in 1Q 2024). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 01Arcadyan Technology Corporation to Report Q1, 2025 Results on May 07, 2025Arcadyan Technology Corporation announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$191, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Communications industry in Taiwan. Total returns to shareholders of 86% over the past three years.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.3% average weekly change).
分析記事 • Mar 24Investors Still Waiting For A Pull Back In Arcadyan Technology Corporation (TWSE:3596)With a median price-to-earnings (or "P/E") ratio of close to 20x in Taiwan, you could be forgiven for feeling...
Price Target Changed • Mar 05Price target increased by 7.7% to NT$203Up from NT$189, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$209. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$13.50 for next year compared to NT$11.28 last year.
Reported Earnings • Feb 28Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$11.28 (up from NT$10.99 in FY 2023). Revenue: NT$49.0b (down 4.3% from FY 2023). Net income: NT$2.49b (up 2.7% from FY 2023). Profit margin: 5.1% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27Arcadyan Technology Corporation, Annual General Meeting, May 28, 2025Arcadyan Technology Corporation, Annual General Meeting, May 28, 2025. Location: no,8, sec.2 kuang fu rd., hsinchu city Taiwan
お知らせ • Feb 19Arcadyan Technology Corporation to Report Q4, 2024 Results on Feb 26, 2025Arcadyan Technology Corporation announced that they will report Q4, 2024 results on Feb 26, 2025
分析記事 • Feb 04These 4 Measures Indicate That Arcadyan Technology (TWSE:3596) Is Using Debt SafelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 20Arcadyan Technology Corporation (TWSE:3596) Looks Inexpensive But Perhaps Not Attractive EnoughWith a price-to-earnings (or "P/E") ratio of 15.4x Arcadyan Technology Corporation ( TWSE:3596 ) may be sending bullish...
分析記事 • Nov 11Arcadyan Technology's (TWSE:3596) Solid Earnings Are Supported By Other Strong FactorsArcadyan Technology Corporation's ( TWSE:3596 ) strong earnings report was rewarded with a positive stock price move...
Price Target Changed • Nov 09Price target increased by 12% to NT$189Up from NT$169, the current price target is an average from 4 analysts. New target price is 6.6% above last closing price of NT$177. Stock is up 7.9% over the past year. The company is forecast to post earnings per share of NT$11.13 for next year compared to NT$10.98 last year.
分析記事 • Nov 07Earnings Beat: Arcadyan Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsShareholders of Arcadyan Technology Corporation ( TWSE:3596 ) will be pleased this week, given that the stock price is...
Reported Earnings • Nov 05Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: NT$2.98 (down from NT$3.12 in 3Q 2023). Revenue: NT$12.2b (down 12% from 3Q 2023). Net income: NT$657.7m (down 4.4% from 3Q 2023). Profit margin: 5.4% (up from 5.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 4.5% 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 13% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Oct 26Arcadyan Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Arcadyan Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
分析記事 • Sep 23Arcadyan Technology (TWSE:3596) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Sep 19Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to NT$146. The fair value is estimated to be NT$120, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 2.2% in a year. Earnings are forecast to decline by 4.6% in the next year.
分析記事 • Sep 04Under The Bonnet, Arcadyan Technology's (TWSE:3596) Returns Look ImpressiveTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
分析記事 • Aug 13Arcadyan Technology Corporation (TWSE:3596) Shares Could Be 30% Above Their Intrinsic Value EstimateKey Insights The projected fair value for Arcadyan Technology is NT$110 based on 2 Stage Free Cash Flow to Equity...
Buy Or Sell Opportunity • Aug 07Now 23% overvaluedOver the last 90 days, the stock has fallen 13% to NT$136. The fair value is estimated to be NT$110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 2.2% in a year. Earnings are forecast to decline by 4.6% in the next year.
Reported Earnings • Jul 28Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$2.66 (up from NT$2.61 in 2Q 2023). Revenue: NT$12.2b (flat on 2Q 2023). Net income: NT$586.3m (up 1.9% from 2Q 2023). Profit margin: 4.8% (up from 4.7% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to stay flat 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 11% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Jul 18Arcadyan Technology Corporation to Report Q2, 2024 Results on Jul 25, 2024Arcadyan Technology Corporation announced that they will report Q2, 2024 results on Jul 25, 2024
New Risk • Jul 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jul 08Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 15 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.4%).
分析記事 • May 22Is Arcadyan Technology (TWSE:3596) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • May 09Price target decreased by 8.5% to NT$177Down from NT$194, the current price target is an average from 5 analysts. New target price is 13% above last closing price of NT$158. Stock is up 43% over the past year. The company is forecast to post earnings per share of NT$10.81 for next year compared to NT$10.98 last year.
Major Estimate Revision • May 07Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$56.0b to NT$54.9b. EPS estimate also fell from NT$12.13 per share to NT$9.63 per share. Net income forecast to shrink 3.7% next year vs 20% growth forecast for Communications industry in Taiwan . Consensus price target down from NT$189 to NT$184. Share price fell 6.1% to NT$163 over the past week.
Reported Earnings • May 02First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: EPS: NT$2.82 (up from NT$2.25 in 1Q 2023). Revenue: NT$12.5b (up 14% from 1Q 2023). Net income: NT$622.4m (up 25% from 1Q 2023). Profit margin: 5.0% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.9% 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 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • May 02Dividend of NT$7.00 announcedShareholders will receive a dividend of NT$7.00. Ex-date: 15th July 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 30Arcadyan Technology Corporation Announces Cash Distribution, Payable on August 9, 2024Arcadyan Technology Corporation announced cash dividend of TWD 1,322,125,926. Cash distribution from capital surplus: TWD 220,354,321. Ex-rights (ex-dividend) trading date: July 15, 2024. Ex-rights (ex-dividend) record date: July 21, 2024. Payment date of common stock cash dividend distribution is August 9, 2024.
分析記事 • Apr 12Estimating The Fair Value Of Arcadyan Technology Corporation (TWSE:3596)Key Insights Arcadyan Technology's estimated fair value is NT$181 based on Dividend Discount Model Arcadyan...
お知らせ • Apr 12Cub Elecparts Inc. Files Patent Infringement Lawsuit Against Arcadyan Technology Corporation and Xin Feng Commercial Limited CompanyArcadyan Technology Corporation is suspected of infringing on CUB's invention patents for vehicle radar devices. After investigation, CUB ELECPARTS INC recently discovered that Arcadyan Company was involved in manufacturing the ”79G inner wheel differential radar” with the product model RS1000 without the authorization of CUB. Arcadyan Company not only publicly displayed the product on its official YouTube channel without authorization, but also used This product participated in the AMPA Taipei & Autotronics Taipei 2023. In addition, CUB also found that Arcadyan Company sold the RS1000 ”79G Inner Wheel Differential Radar” to Xin Feng Commercial Limited Company. (Xin Feng Company), and then Xin Feng Company resold it to consumers. It has been suspected of infringing CUB's patents. In response to Arcadyan Company and Xin Feng Company's alleged infringement of patent rights of CUB ELECPARTS INC, CUB company has not only obtained the marketing materials of the infringing products from third parties, but also purchased the related products suspected of infringement in order to preserve evidence. Parties to the legal matter: Plaintiff: CUB ELECPARTS INC. Defendants: Arcadyan Technology Corporation and Xin Feng Commercial Limited Company.
分析記事 • Mar 28Arcadyan Technology Corporation's (TWSE:3596) Business And Shares Still Trailing The MarketWith a price-to-earnings (or "P/E") ratio of 17.4x Arcadyan Technology Corporation ( TWSE:3596 ) may be sending bullish...
Price Target Changed • Feb 27Price target increased by 9.1% to NT$194Up from NT$177, the current price target is an average from 5 analysts. New target price is 7.6% above last closing price of NT$180. Stock is up 69% over the past year. The company is forecast to post earnings per share of NT$12.13 for next year compared to NT$10.98 last year.
Reported Earnings • Feb 25Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$10.98 (up from NT$9.20 in FY 2022). Revenue: NT$51.2b (up 8.5% from FY 2022). Net income: NT$2.42b (up 20% from FY 2022). Profit margin: 4.7% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 23+ 1 more updateArcadyan Technology Corporation, Annual General Meeting, May 30, 2024Arcadyan Technology Corporation, Annual General Meeting, May 30, 2024. Location: Shareholders meeting location:No.8, Sec.2 Guangfu Rd., Hsinchu City 30071 Taiwan, R.O.C. Hsinchu Taiwan Agenda: To consider Report on the business status of 2023; To consider Audit Committees review report of 2023; To consider Report on the distribution of remuneration to employees and directors of 2023; To consider Report on the earnings distribution of cash dividends of 2023.
Price Target Changed • Nov 08Price target increased by 14% to NT$167Up from NT$147, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$168. Stock is up 74% over the past year. The company is forecast to post earnings per share of NT$10.81 for next year compared to NT$9.20 last year.
Reported Earnings • Nov 07Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: NT$3.12 (up from NT$2.60 in 3Q 2022). Revenue: NT$13.9b (up 8.5% from 3Q 2022). Net income: NT$687.7m (up 21% from 3Q 2022). Profit margin: 5.0% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 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 8% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Sep 06Price target increased by 8.4% to NT$147Up from NT$136, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of NT$158. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$10.50 for next year compared to NT$9.20 last year.
Reported Earnings • Aug 03Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: NT$2.61 (up from NT$1.95 in 2Q 2022). Revenue: NT$12.1b (up 12% from 2Q 2022). Net income: NT$575.4m (up 35% from 2Q 2022). Profit margin: 4.7% (up from 3.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.6% 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 increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jul 17Price target increased by 11% to NT$127Up from NT$114, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$131. Stock is up 10% over the past year. The company is forecast to post earnings per share of NT$10.01 for next year compared to NT$9.20 last year.
Upcoming Dividend • Jul 06Upcoming dividend of NT$6.50 per share at 5.1% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 09 August 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).
お知らせ • Jun 16Arcadyan Technology Corporation Announces Appointment of Cheng Hua Sun as DirectorArcadyan Technology Corporation announced appointment of Cheng hua sun as director at the 2023 Annual General Shareholders Meeting. Resume: Judge of Civil Counts and Presiding Judge of Criminal Counts of Taiwan Taipei District Court. Effective date 15 June 2023.
Price Target Changed • Jun 01Price target increased by 7.2% to NT$114Up from NT$106, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of NT$116. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of NT$9.95 for next year compared to NT$9.20 last year.
お知らせ • May 06Arcadyan Technology Corporation Approves Cash Dividend, Payable on August 9, 2023Arcadyan Technology Corporation announced cash dividend of TWD 1,211,948,766. Cash distribution from capital surplus of TWD 220,354,321. Ex-rights (ex-dividend) trading date is July 13, 2023. Ex-rights (ex-dividend) record date is July 19, 2023. Payment date of cash dividend distribution is August 9, 2023.
Price Target Changed • Apr 26Price target decreased by 7.6% to NT$104Down from NT$113, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of NT$99.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of NT$9.03 for next year compared to NT$9.20 last year.
Reported Earnings • Mar 16Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$9.20 (up from NT$8.60 in FY 2021). Revenue: NT$47.2b (up 23% from FY 2021). Net income: NT$2.01b (up 13% from FY 2021). Profit margin: 4.3% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.6% 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 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 18Price target decreased to NT$115Down from NT$127, the current price target is an average from 5 analysts. New target price is 17% above last closing price of NT$97.80. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$9.04 for next year compared to NT$8.60 last year.
Board Change • Nov 16Less 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. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ching-Jang Wen was the last independent director to join the board, commencing their role in 2008. 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 • Nov 16Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.60 (up from NT$2.35 in 3Q 2021). Revenue: NT$12.8b (up 35% from 3Q 2021). Net income: NT$570.7m (up 17% from 3Q 2021). Profit margin: 4.5% (down from 5.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.60 (up from NT$2.35 in 3Q 2021). Revenue: NT$12.8b (up 35% from 3Q 2021). Net income: NT$570.7m (up 17% from 3Q 2021). Profit margin: 4.5% (down from 5.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 29Price target decreased to NT$127Down from NT$138, the current price target is an average from 5 analysts. New target price is 46% above last closing price of NT$86.90. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$8.94 for next year compared to NT$8.60 last year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$93.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Communications industry in Taiwan. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$141 per share.
Buying Opportunity • Aug 22Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 5.1%. The fair value is estimated to be NT$143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 22% in a year. Earnings is forecast to grow by 22% in the next year.
Price Target Changed • Aug 14Price target decreased to NT$135Down from NT$146, the current price target is an average from 4 analysts. New target price is 17% above last closing price of NT$115. Stock is up 29% over the past year. The company is forecast to post earnings per share of NT$8.97 for next year compared to NT$8.60 last year.
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from NT$45.0b to NT$46.4b. EPS estimate fell from NT$9.95 to NT$8.72 per share. Net income forecast to grow 26% next year vs 44% growth forecast for Communications industry in Taiwan. Consensus price target down from NT$146 to NT$143. Share price fell 8.0% to NT$115 over the past week.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$97.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$177 per share.
Upcoming Dividend • Jun 27Upcoming dividend of NT$6.71 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).
Buying Opportunity • May 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 20% in a year. Earnings is forecast to grow by 32% in the next year.
Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.80 (down from NT$2.21 in 1Q 2021). Revenue: NT$10.3b (up 7.0% from 1Q 2021). Net income: NT$389.8m (down 14% from 1Q 2021). Profit margin: 3.8% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 17% 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 • Apr 27Less 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. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ching-Jang Wen was the last independent director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 12Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$8.60 (up from NT$8.36 in FY 2020). Revenue: NT$38.2b (up 13% from FY 2020). Net income: NT$1.79b (up 4.3% from FY 2020). Profit margin: 4.7% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 07Arcadyan Technology Corporation Announces Retirement of Chen Chien-Lin as Research and Development OfficerArcadyan Technology Corporation announced retirement of Chen Chien-Lin as research and development officer of the company, with effect from March 4, 2022.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$126, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Communications industry in Taiwan. Total returns to shareholders of 95% over the past three years.
Price Target Changed • Nov 10Price target increased to NT$134Up from NT$124, the current price target is an average from 4 analysts. New target price is 16% above last closing price of NT$116. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$8.33 for next year compared to NT$8.36 last year.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS NT$2.35 (vs NT$2.80 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: NT$9.48b (flat on 3Q 2020). Net income: NT$486.5m (down 15% from 3Q 2020). Profit margin: 5.1% (down from 6.0% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.
Price Target Changed • May 14Price target decreased to NT$122Down from NT$137, the current price target is an average from 5 analysts. New target price is 36% above last closing price of NT$89.60. Stock is up 5.8% over the past year.
Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$2.20 (vs NT$1.28 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.62b (up 35% from 1Q 2020). Net income: NT$454.4m (up 74% from 1Q 2020). Profit margin: 4.7% (up from 3.7% 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 25% per year whereas the company’s share price has increased by 20% per year.
Upcoming Dividend • Apr 08Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 14 May 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.9%).
分析記事 • Apr 07Are Investors Undervaluing Arcadyan Technology Corporation (TPE:3596) By 25%?Does the April share price for Arcadyan Technology Corporation ( TPE:3596 ) reflect what it's really worth? Today, we...
分析記事 • Mar 23Arcadyan Technology (TPE:3596) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 19Arcadyan Technology Corporation Proposes Distribution of DividendsArcadyan Technology Corporation announced Board of Directors resolved to propose distribution of dividends. Appropriations of earnings in cash dividends to shareholders is TWD 5.5 per share. Total amount of cash distributed to shareholders is TWD 1,354,447,835.
お知らせ • Mar 18+ 1 more updateArcadyan Technology Corporation Announces Cash Dividend Payable on May 14, 2021Arcadyan Technology Corporation announced cash dividend of TWD 1,146,071,245 payable on May 14, 2021. Ex-rights (ex-dividend) record date is 2021/04/22.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$8.36 (vs NT$6.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$33.8b (up 2.6% from FY 2019). Net income: NT$1.71b (up 31% from FY 2019). Profit margin: 5.1% (up from 4.0% 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 25% per year whereas the company’s share price has increased by 28% per year.
Is New 90 Day High Low • Mar 12New 90-day high: NT$98.80The company is up 3.0% from its price of NT$95.60 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$212 per share.
分析記事 • Mar 08Is Arcadyan Technology Corporation (TPE:3596) A Good Fit For Your Dividend Portfolio?Dividend paying stocks like Arcadyan Technology Corporation ( TPE:3596 ) tend to be popular with investors, and for...
分析記事 • Feb 09Could The Market Be Wrong About Arcadyan Technology Corporation (TPE:3596) Given Its Attractive Financial Prospects?With its stock down 2.9% over the past month, it is easy to disregard Arcadyan Technology (TPE:3596). However, a closer...
分析記事 • Jan 22Did You Participate In Any Of Arcadyan Technology's (TPE:3596) Fantastic 210% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
Is New 90 Day High Low • Jan 20New 90-day low: NT$90.40The company is down 10.0% from its price of NT$100.00 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$186 per share.
分析記事 • Jan 05Can Arcadyan Technology (TPE:3596) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Dec 21These 4 Measures Indicate That Arcadyan Technology (TPE:3596) Is Using Debt SafelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 07Here's What You Should Know About Arcadyan Technology Corporation's (TPE:3596) 4.8% Dividend YieldDividend paying stocks like Arcadyan Technology Corporation ( TPE:3596 ) tend to be popular with investors, and for...
分析記事 • Nov 22Is There More To The Story Than Arcadyan Technology's (TPE:3596) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Major Estimate Revision • Nov 18Analysts increase EPS estimates to NT$8.15The 2020 consensus revenue estimate increased from NT$33.1b to NT$34.4b. The earnings per share estimate also received an upgrade from NT$7.30 to NT$8.15 for the same period. Net income is expected to grow by 25% next year compared to 24% growth forecast for the Communications industry in Taiwan. The consensus price target increased from NT$104 to NT$111. Share price is up 4.5% to NT$101 over the past week.