Gemtek Technology（4906）株式概要Gemtek Technology Co, Ltd.は、無線通信製品の研究、開発、設計、生産、販売を台湾内外で行っている。 詳細4906 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績0/6財務の健全性6/6配当金2/6リスク分析過去5年間で収益は年間32.5%減少しました。 TW市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る4906 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$40.0063.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-108m28b2016201920222025202620282031Revenue NT$16.0bEarnings NT$1.6bAdvancedSet Fair ValueView all narrativesGemtek Technology Co., Ltd. 競合他社Zyxel GroupSymbol: TWSE:3704Market cap: NT$14.4bLanner ElectronicsSymbol: TPEX:6245Market cap: NT$11.7bAlpha NetworksSymbol: TWSE:3380Market cap: NT$17.3bHitron TechnologiesSymbol: TWSE:2419Market cap: NT$9.7b価格と性能株価の高値、安値、推移の概要Gemtek Technology過去の株価現在の株価NT$40.0052週高値NT$43.2052週安値NT$22.80ベータ-0.141ヶ月の変化1.91%3ヶ月変化47.87%1年変化49.81%3年間の変化32.67%5年間の変化43.37%IPOからの変化-17.90%最新ニュースお知らせ • May 08Gemtek Technology Company Ltd Announces AiPhoton Transceiver Targeting Hyperscale AI Data Centers Based on NewPhotonics 1.6T NPG10204 PIC with Integrated LaserGemtek Technology Company Ltd. announced the AiPhoton 1.6T OSFP transceiver. Built in collaboration with NewPhotonics, the module features the NPG10204 DR8 PIC transmitter-on-chip. The latest PIC-based pluggable enables simplified manufacturing of photonic ICs delivering advanced DSP functionality in octal channel 224Gbps per lane for scale-out interconnect solutions at hyperscaler AI data centers. The multi-channel monolithic PIC with integrated laser and modulator offers single-mode PAM4 (IMDD) with low power and improved signal integrity for 200G/channel applications. The highly integrated flip chip eliminates complex optical assembly and wire-bonding steps, simplifying manufacturing challenges to improve yield maturity, reliability, and efficiencies that accelerate time to deployment. The AiPhoton 1.6Tbps DR8 OSFP module design introduces a new generation of low-power transceivers that can be produced at volume and quality scale. Combining laser-integrated PIC with high-volume manufacturing capabilities enables a new class of 200G-per-lane pluggables designed to meet the market's urgent need for 1.6T optics at hyperscale.New Risk • Mar 26New 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 8.1% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.25 loss per share (vs NT$1.57 profit in FY 2024)Full year 2025 results: NT$0.25 loss per share (down from NT$1.57 profit in FY 2024). Revenue: NT$16.5b (down 36% from FY 2024). Net loss: NT$108.3m (down 117% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 10Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.23 in 3Q 2024). Revenue: NT$3.56b (down 42% from 3Q 2024). Net income: NT$155.0m (up 63% from 3Q 2024). Profit margin: 4.4% (up from 1.5% in 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 10Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$4.20b (down 45% from 2Q 2024). Net loss: NT$408.1m (down 235% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesお知らせ • May 08Gemtek Technology Company Ltd Announces AiPhoton Transceiver Targeting Hyperscale AI Data Centers Based on NewPhotonics 1.6T NPG10204 PIC with Integrated LaserGemtek Technology Company Ltd. announced the AiPhoton 1.6T OSFP transceiver. Built in collaboration with NewPhotonics, the module features the NPG10204 DR8 PIC transmitter-on-chip. The latest PIC-based pluggable enables simplified manufacturing of photonic ICs delivering advanced DSP functionality in octal channel 224Gbps per lane for scale-out interconnect solutions at hyperscaler AI data centers. The multi-channel monolithic PIC with integrated laser and modulator offers single-mode PAM4 (IMDD) with low power and improved signal integrity for 200G/channel applications. The highly integrated flip chip eliminates complex optical assembly and wire-bonding steps, simplifying manufacturing challenges to improve yield maturity, reliability, and efficiencies that accelerate time to deployment. The AiPhoton 1.6Tbps DR8 OSFP module design introduces a new generation of low-power transceivers that can be produced at volume and quality scale. Combining laser-integrated PIC with high-volume manufacturing capabilities enables a new class of 200G-per-lane pluggables designed to meet the market's urgent need for 1.6T optics at hyperscale.New Risk • Mar 26New 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 8.1% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.25 loss per share (vs NT$1.57 profit in FY 2024)Full year 2025 results: NT$0.25 loss per share (down from NT$1.57 profit in FY 2024). Revenue: NT$16.5b (down 36% from FY 2024). Net loss: NT$108.3m (down 117% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 10Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.23 in 3Q 2024). Revenue: NT$3.56b (down 42% from 3Q 2024). Net income: NT$155.0m (up 63% from 3Q 2024). Profit margin: 4.4% (up from 1.5% in 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 10Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$4.20b (down 45% from 2Q 2024). Net loss: NT$408.1m (down 235% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Aug 10New major risk - Revenue and earnings growthEarnings have declined by 17% 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 17% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.お知らせ • Jul 30Gemtek Achieves CableLabs Certification for DOCSIS 3.1, Begins Shipments, and Prepares for DOCSIS 4.0 LaunchGemtek Technology announced that its GT-DUO31 DOCSIS 3.1 Cable Modem has earned CableLabs®? certification, marking a significant milestone in its expansion into the North American market. With shipments now underway to a major North American cable operator, Gemtek is also advancing toward the launch of its next-generation DOCSIS 4.0 Cable Modem, which has been submitted for CableLabs certification. The CableLabs certification underscores Gemtek's commitment to delivering interoperable, reliable, and high-performance broadband solutions. The GT-DUO 31 DOCSIS 3.1 cable Modem offers blazing-fast download speeds of up to 4.5 Gbps and upload speeds of 1.6 Gbps--ideal for high-resolution streaming, cloud-based applications, and smart home connectivity. Equipped with dual 2.5G Ethernet ports, the GT-DUO31 enhances network efficiency and performance for modern households and businesses. Gemtek's forthcoming DOCSIS 4.0 cable Modem is engineered to redefine broadband performance, supporting downstream speeds of up to 10 Gbps and upstream speeds of 4 Gbps. Built on advanced multi-channel OFDM/OFDMA technology and the RDK-B architecture, the modem integrates data and voice services compatible with PacketCable™? 1.5 and 2.0. Gemtek anticipates completing CableLabs certification for its DOCSIS 4.0 modem in the second half of 2025, positioning the company to serve top-tier global telecom operators. With GT-DUO31 shipments underway, Gemtek is strengthening its presence in the North American DOCSIS market. The company also plans to expand its DOCSIS 3.1 and 4.0 product lines into Europe and the Asia-Pacific region, offering innovative broadband solutions and fostering new partnership opportunities worldwide.Declared Dividend • Jun 09Dividend of NT$1.50 announcedShareholders will receive a dividend of NT$1.50. Ex-date: 3rd July 2025 Payment date: 25th July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (35% 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 9.5% to bring the payout ratio under control. However, EPS has declined by 9.1% over the last 5 years so the company would need to reverse this trend.お知らせ • May 16Gemtek Technology Co., Ltd. to Showcase 800G Optical Module, Software Cloud, and AI Router at COMPUTEX TAIPEI 2025Gemtek Technology Co., Ltd. is set to showcase a powerful lineup of next-generation technologies at COMPUTEX TAIPEI 2025, taking place from May 20 to 23 at the Taipei Nangang Exhibition Center. Gemtek will unveil its latest ultra-fast 800G Optical Module and Software Cloud platform. Gemtek will also demonstrate the advanced capabilities of its MoAI AI Router, integrated with IntoWell Biomedical's Dr.AI platform. Together, these breakthroughs highlight Gemtek's commitment to advancing digital transformation across the fields of telecommunications, cloud services, and AI. Driven by the explosive growth of big data, cloud applications, and AI, the demand for high-bandwidth, high-speed, and low-latency transmission continues to surge exponentially, making 800G Optical Modules stand out as a crucial technology for AI Cloud Data Centers. Building on its strong foundation in telecommunications, Gemtek has invested extensively in the research and development of its 800G Optical Module, which will make its debut at this year's exhibition. As part of its broader digital transformation strategy, Gemtek has teamed up with GENIX NetworkS to launch its exclusive Software Cloud. The Software Cloud is a cloud-based platform that combines network security, traffic management, and behavioral control into a single solution. Designed to meet the growing demand for online privacy and cybersecurity, the platform offers comprehensive security features like firewalls, antivirus, anti-intrusion, and web threat defense, all powered by deep packet inspection for reliable and secure performance. Additional features such as the QoS technology optimizes key applications like video streaming and virtual meetings, while parental controls block inappropriate content. Another key collaborative achievement for Gemtek is its partnership with IntoWell Biomedical on the Dr.AI smart healthcare platform. In conjunction with Gemtek's MoAI AI Router, the two companies jointly developed the Medical Pre-Assessment system (MedPA) and the MoAI Avatar. Patients can interact with the MoAI AI Router to describe symptoms, which are then automatically transcribed via speech-to-text (STT) into a structured SOAP note. The solution helps reduce documentation workloads for healthcare providers, streamlines clinical workflows, and accelerates digital transformation in hospitals. This remarkable innovation was recently honored with the COMPUTEX 2025 Best Choice Award in the Digital Healthcare category.Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.15 (down from NT$0.18 in 1Q 2024). Revenue: NT$5.15b (down 11% from 1Q 2024). Net income: NT$61.8m (down 13% from 1Q 2024). Profit margin: 1.2% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Apr 30Gemtek Technology Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Gemtek Technology Co., Ltd. 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$24.50, the stock trades at a trailing P/E ratio of 16.2x. Average forward P/E is 14x in the Communications industry in Taiwan. Total loss to shareholders of 8.3% over the past three years.分析記事 • Mar 20We Think That There Are Some Issues For Gemtek Technology (TWSE:4906) Beyond Its Promising EarningsThe recent earnings posted by Gemtek Technology Co., Ltd. ( TWSE:4906 ) were solid, but the stock didn't move as much...Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.55 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.55 in FY 2023). Revenue: NT$25.6b (down 1.9% from FY 2023). Net income: NT$647.3m (up 6.3% from FY 2023). Profit margin: 2.5% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Mar 13Gemtek Technology Co., Ltd., Annual General Meeting, May 28, 2025Gemtek Technology Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county Taiwanお知らせ • Mar 11Gemtek Technology Co., Ltd. Announces Chief Marketing Officer ChangesGemtek Technology Co., Ltd. announced Chief Marketing Officer changes. Name, title, and resume of the previous position holder: Rock Zheng/Chief Marketing Officer. Name, title, and resume of the new position holder: James Li, General Manager of company (temporary agent). Reason for the change: retirement. Effective date: March 17, 2025.お知らせ • Feb 28Gemtek Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025Gemtek Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.3% increase in shares outstanding).分析記事 • Dec 13Gemtek Technology (TWSE:4906) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 3.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (172% payout ratio). Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).お知らせ • Oct 06Gemtek Technology Co., Ltd. Approves Executive ChangesGemtek Technology Co., Ltd. approved executive changes. Name, title, and resume of the previous position holder: COO: Rong Chang Li/Gemtek Technology Co., Ltd./President. Name, title, and resume of the new position holder: King Wang /Gemtek Technology Co., Ltd./COO and Rick Chen /Gemtek Technology Co., Ltd./CPO. Effective date: 7 October 2024.分析記事 • Aug 16Gemtek Technology's (TWSE:4906) Anemic Earnings Might Be Worse Than You ThinkGemtek Technology Co., Ltd.'s ( TWSE:4906 ) recent weak earnings report didn't cause a big stock movement. However, we...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.74 (vs NT$0.79 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.74 (down from NT$0.79 in 2Q 2023). Revenue: NT$7.61b (up 8.5% from 2Q 2023). Net income: NT$302.9m (down 2.5% from 2Q 2023). Profit margin: 4.0% (down from 4.4% in 2Q 2023). Revenue is forecast to grow 11% 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 16% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.分析記事 • Aug 07Some Shareholders Feeling Restless Over Gemtek Technology Co., Ltd.'s (TWSE:4906) P/E RatioGemtek Technology Co., Ltd.'s ( TWSE:4906 ) price-to-earnings (or "P/E") ratio of 25.9x might make it look like a sell...New Risk • Aug 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 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: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding).お知らせ • Aug 02Gemtek Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Gemtek Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Price Target Changed • Jul 25Price target increased by 8.4% to NT$45.00Up from NT$41.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$43.45. Stock is up 37% over the past year. The company posted earnings per share of NT$1.55 last year.分析記事 • Jul 12We Like These Underlying Return On Capital Trends At Gemtek Technology (TWSE:4906)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...分析記事 • Jun 13Gemtek Technology (TWSE:4906) Is Due To Pay A Dividend Of NT$1.50Gemtek Technology Co., Ltd.'s ( TWSE:4906 ) investors are due to receive a payment of NT$1.50 per share on 19th of...Declared Dividend • May 31Dividend of NT$1.50 announcedDividend of NT$1.50 is the same as last year. Ex-date: 26th June 2024 Payment date: 19th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is well covered by cash flows (28% 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 6.8% to bring the payout ratio under control, which is less than the 98% EPS growth achieved over the last 5 years.お知らせ • May 30Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 19, 2024Gemtek Technology Co., Ltd. announced Cash dividends of TWD 615,575,792 (TWD 1.5 per share) of common stock. Ex-rights (ex-dividend) record date is July 2, 2024. Payment date of cash dividend distribution is July 19, 2024. Ex-rights (ex-dividend) trading date is June 26, 2024.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.47 in 1Q 2023)First quarter 2024 results: EPS: NT$0.18 (down from NT$0.47 in 1Q 2023). Revenue: NT$5.76b (down 18% from 1Q 2023). Net income: NT$71.0m (down 62% from 1Q 2023). Profit margin: 1.2% (down from 2.6% in 1Q 2023). Revenue is forecast to grow 18% 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 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • May 03Gemtek Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Gemtek Technology Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (97% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).New Risk • Apr 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% 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 (97% payout ratio). Large one-off items impacting financial results.Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.55 (vs NT$1.70 in FY 2022)Full year 2023 results: EPS: NT$1.55 (down from NT$1.70 in FY 2022). Revenue: NT$26.1b (down 6.3% from FY 2022). Net income: NT$609.2m (down 8.4% from FY 2022). Profit margin: 2.3% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Communications industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.お知らせ • Mar 14+ 1 more updateGemtek Technology Co., Ltd., Annual General Meeting, May 29, 2024Gemtek Technology Co., Ltd., Annual General Meeting, May 29, 2024. Location: Chung Hwa Park Recreation Center Conference Room ocated at No.79, Ln. 1,Dazhi Rd., Hukou Township Hsinchu County, Taiwan R.O.C. Hsinchu City Taiwan Agenda: To report the business of 2023; to consider audit committee's review report; to report 2023 employees’ compensation and remuneration; to report 2023 employees' profit sharing and directors' compensation board of directors; to accept 2023 business report and financial statements; to accept 2023 earnings distribution; to discuss issuance of common shares by raising capital through private placement; and to consider other issues.分析記事 • Mar 06There's Been No Shortage Of Growth Recently For Gemtek Technology's (TWSE:4906) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Price Target Changed • Aug 09Price target increased by 47% to NT$50.00Up from NT$34.00, the current price target is an average from 2 analysts. New target price is 49% above last closing price of NT$33.55. Stock is up 14% over the past year. The company posted earnings per share of NT$1.70 last year.Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.79 (vs NT$0.14 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.79 (up from NT$0.14 in 2Q 2022). Revenue: NT$7.01b (up 8.0% from 2Q 2022). Net income: NT$310.6m (up 451% from 2Q 2022). Profit margin: 4.4% (up from 0.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 07Upcoming dividend of NT$1.50 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 13 July 2023. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.0%).お知らせ • May 30Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 13, 2023Gemtek Technology Co., Ltd. announced Cash dividends of TWD 591,711,716 (TWD 1.5 per share) of common stock. Ex-rights (ex-dividend) record date is June 20, 2023. Payment date of cash dividend distribution is July 13, 2023. Ex-rights (ex-dividend) trading date is June 14, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.70 (vs NT$1.89 in FY 2021)Full year 2022 results: EPS: NT$1.70 (down from NT$1.89 in FY 2021). Revenue: NT$27.9b (up 22% from FY 2021). Net income: NT$664.7m (down 2.2% from FY 2021). Profit margin: 2.4% (down from 3.0% in FY 2021). The decrease in margin was driven by higher expenses. 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.お知らせ • Dec 02Gemtek Technology Co., Ltd. Announces COO ChangesGemtek Technology Co., Ltd. appointed Rong Chang Li/Gemtek Technology Co., Ltd./President in the place of Lin, Tien Jin /Gemtek Technology Co., Ltd./COO, as COO, effective from November 30, 2022.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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Zhi Yang Chang was the last independent director to join the board, commencing their role in 2019. 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 13Third quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.28 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.57 (up from NT$0.28 in 3Q 2021). Revenue: NT$7.70b (up 39% from 3Q 2021). Net income: NT$223.3m (up 124% from 3Q 2021). Profit margin: 2.9% (up from 1.8% in 3Q 2021). Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 12% 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 5% 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$26.05, the stock trades at a trailing P/E ratio of 21x. Average forward P/E is 11x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.14 (down from NT$0.51 in 2Q 2021). Revenue: NT$6.49b (flat on 2Q 2021). Net income: NT$56.4m (down 69% from 2Q 2021). Profit margin: 0.9% (down from 2.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$26.10, the stock trades at a trailing P/E ratio of 16.8x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 10.0% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of NT$1.54 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).お知らせ • Jun 18Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 28, 2022Gemtek Technology Co., Ltd. announced Cash dividends of TWD 607,738,466 (TWD 1.53929 per share) of common stock. Ex-rights (ex-dividend) trading date is July 4, 2022. Ex-rights (ex-dividend) record date is July 10, 2022. The cash dividend will be paid on July 28, 2022.Reported Earnings • May 07First quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.36 in 1Q 2021)First quarter 2022 results: EPS: NT$0.17 (down from NT$0.36 in 1Q 2021). Revenue: NT$5.17b (down 1.3% from 1Q 2021). Net income: NT$63.7m (down 50% from 1Q 2021). Profit margin: 1.2% (down from 2.4% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Zhi Yang Chang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Feb 10Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$40.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% per annum over the last 3 years. The company has become profitable over the last 3 years.Price Target Changed • Jan 26Price target increased to NT$30.50Up from NT$25.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$31.00. Stock is up 11% over the past year. The company posted earnings per share of NT$3.86 last year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.28 (vs NT$3.48 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.54b (down 18% from 3Q 2020). Net income: NT$99.8m (down 92% from 3Q 2020). Profit margin: 1.8% (down from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.43 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.52b (up 15% from 2Q 2020). Net income: NT$181.2m (up 20% from 2Q 2020). Profit margin: 2.8% (up from 2.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.65, the stock trades at a trailing P/E ratio of 6x. Average forward P/E is 13x in the Communications industry in Taiwan. Total returns to shareholders of 30% over the past three years.Upcoming Dividend • Jul 28Upcoming dividend of NT$1.96 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 25 August 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$26.00, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 6.9% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.35 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$5.24b (up 99% from 1Q 2020). Net income: NT$128.3m (up NT$252.4m from 1Q 2020). Profit margin: 2.4% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 23Is Gemtek Technology Co., Ltd. (TPE:4906) The Right Choice For A Smart Dividend Investor?Today we'll take a closer look at Gemtek Technology Co., Ltd. ( TPE:4906 ) from a dividend investor's perspective...分析記事 • Apr 05Investors Will Want Gemtek Technology's (TPE:4906) Growth In ROCE To PersistIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$3.86 (vs NT$0.57 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$19.9b (up 10% from FY 2019). Net income: NT$1.37b (up NT$1.17b from FY 2019). Profit margin: 6.9% (up from 1.1% 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 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 17Has Gemtek Technology Co., Ltd.'s (TPE:4906) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Gemtek Technology's (TPE:4906) stock is up by a considerable 13% over the past month. Given that stock prices are...分析記事 • Mar 02Shareholders Of Gemtek Technology (TPE:4906) Must Be Happy With Their 82% ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...分析記事 • Feb 15Here's Why I Think Gemtek Technology (TPE:4906) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Feb 01Gemtek Technology (TPE:4906) Has A Pretty Healthy 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 • Jan 18Gemtek Technology Co., Ltd. (TPE:4906) Is An Attractive Dividend Stock - Here's WhyToday we'll take a closer look at Gemtek Technology Co., Ltd. ( TPE:4906 ) from a dividend investor's perspective...分析記事 • Jan 05Will Gemtek Technology's (TPE:4906) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...Is New 90 Day High Low • Jan 05New 90-day high: NT$32.50The company is up 24% from its price of NT$26.15 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Communications industry, which is also up 24% over the same period.分析記事 • Dec 21Gemtek Technology Co., Ltd. (TPE:4906) Could Be Riskier Than It LooksWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 19x, you may consider...分析記事 • Dec 08Gemtek Technology Co., Ltd.'s (TPE:4906) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Gemtek Technology's (TPE:4906) stock increased significantly by 12% over the...分析記事 • Nov 25We Wouldn't Rely On Gemtek Technology's (TPE:4906) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$3.48The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.75b (up 49% from 3Q 2019). Net income: NT$1.23b (up NT$1.14b from 3Q 2019). Profit margin: 18% (up from 2.0% in 3Q 2019). The increase in margin was driven by higher revenue. 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 5% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 02New 90-day high: NT$30.50The company is up 21% from its price of NT$25.15 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$40.72 per share.株主還元4906TW CommunicationsTW 市場7D16.6%3.4%6.7%1Y49.8%162.2%98.2%株主還元を見る業界別リターン: 4906過去 1 年間で162.2 % の収益を上げたTW Communications業界を下回りました。リターン対市場: 4906は、過去 1 年間で98.2 % のリターンを上げたTW市場を下回りました。価格変動Is 4906's price volatile compared to industry and market?4906 volatility4906 Average Weekly Movement10.8%Communications Industry Average Movement7.9%Market Average Movement6.0%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 4906の株価は、 TW市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 4906の weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてTWの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988n/aChang Li Rongwww.gemteks.comGemtek Technology Co., Ltd.は、無線通信製品の研究、開発、設計、生産、販売を台湾内外で行っている。5G関連技術、LTEスモールセル、CPEなどのブロードバンドネットワーク関連機器、Wi-Fi AP/ルーターなどの通信ネットワーク製品、ビジネスグレードの無線AP/ルーターやWi-Fiモジュールなどの無線ネットワークサービス製品を提供している。また、XPON、VoIP、VDSL、G fast、スイッチ、セットアップボックスなどの通信統合製品、光ファイバーネットワーク製品などの固定ブロードバンドネットワーク接続関連製品を提供している。さらに、通信モジュールとサービス、WLANカード、ワイヤレスネットワークカードとゲートウェイ、クラウドソフトウェア統合サービスとIoT製品も提供している。さらに、電線、梱包材、パレット、原材料の売買も行っている。同社は1988年に設立され、台湾の新竹市に本社を置いている。もっと見るGemtek Technology Co., Ltd. 基礎のまとめGemtek Technology の収益と売上を時価総額と比較するとどうか。4906 基礎統計学時価総額NT$17.10b収益（TTM）-NT$108.33m売上高(TTM)NT$16.49b1.0xP/Sレシオ-157.9xPER（株価収益率4906 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4906 損益計算書（TTM）収益NT$16.49b売上原価NT$14.22b売上総利益NT$2.28bその他の費用NT$2.39b収益-NT$108.33m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.25グロス・マージン13.81%純利益率-0.66%有利子負債／自己資本比率20.3%4906 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.3%現在の配当利回り-196%配当性向View Valuation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2026/05/08 10:50終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Gemtek Technology Co., Ltd. 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。8 アナリスト機関Tze Him LamCitigroup IncChristine WangDaiwa Securities Co. Ltd.null nullKGI Securities Co. Ltd.5 その他のアナリストを表示
お知らせ • May 08Gemtek Technology Company Ltd Announces AiPhoton Transceiver Targeting Hyperscale AI Data Centers Based on NewPhotonics 1.6T NPG10204 PIC with Integrated LaserGemtek Technology Company Ltd. announced the AiPhoton 1.6T OSFP transceiver. Built in collaboration with NewPhotonics, the module features the NPG10204 DR8 PIC transmitter-on-chip. The latest PIC-based pluggable enables simplified manufacturing of photonic ICs delivering advanced DSP functionality in octal channel 224Gbps per lane for scale-out interconnect solutions at hyperscaler AI data centers. The multi-channel monolithic PIC with integrated laser and modulator offers single-mode PAM4 (IMDD) with low power and improved signal integrity for 200G/channel applications. The highly integrated flip chip eliminates complex optical assembly and wire-bonding steps, simplifying manufacturing challenges to improve yield maturity, reliability, and efficiencies that accelerate time to deployment. The AiPhoton 1.6Tbps DR8 OSFP module design introduces a new generation of low-power transceivers that can be produced at volume and quality scale. Combining laser-integrated PIC with high-volume manufacturing capabilities enables a new class of 200G-per-lane pluggables designed to meet the market's urgent need for 1.6T optics at hyperscale.
New Risk • Mar 26New 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 8.1% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.25 loss per share (vs NT$1.57 profit in FY 2024)Full year 2025 results: NT$0.25 loss per share (down from NT$1.57 profit in FY 2024). Revenue: NT$16.5b (down 36% from FY 2024). Net loss: NT$108.3m (down 117% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 10Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.23 in 3Q 2024). Revenue: NT$3.56b (down 42% from 3Q 2024). Net income: NT$155.0m (up 63% from 3Q 2024). Profit margin: 4.4% (up from 1.5% in 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 10Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$4.20b (down 45% from 2Q 2024). Net loss: NT$408.1m (down 235% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • May 08Gemtek Technology Company Ltd Announces AiPhoton Transceiver Targeting Hyperscale AI Data Centers Based on NewPhotonics 1.6T NPG10204 PIC with Integrated LaserGemtek Technology Company Ltd. announced the AiPhoton 1.6T OSFP transceiver. Built in collaboration with NewPhotonics, the module features the NPG10204 DR8 PIC transmitter-on-chip. The latest PIC-based pluggable enables simplified manufacturing of photonic ICs delivering advanced DSP functionality in octal channel 224Gbps per lane for scale-out interconnect solutions at hyperscaler AI data centers. The multi-channel monolithic PIC with integrated laser and modulator offers single-mode PAM4 (IMDD) with low power and improved signal integrity for 200G/channel applications. The highly integrated flip chip eliminates complex optical assembly and wire-bonding steps, simplifying manufacturing challenges to improve yield maturity, reliability, and efficiencies that accelerate time to deployment. The AiPhoton 1.6Tbps DR8 OSFP module design introduces a new generation of low-power transceivers that can be produced at volume and quality scale. Combining laser-integrated PIC with high-volume manufacturing capabilities enables a new class of 200G-per-lane pluggables designed to meet the market's urgent need for 1.6T optics at hyperscale.
New Risk • Mar 26New 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 8.1% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.25 loss per share (vs NT$1.57 profit in FY 2024)Full year 2025 results: NT$0.25 loss per share (down from NT$1.57 profit in FY 2024). Revenue: NT$16.5b (down 36% from FY 2024). Net loss: NT$108.3m (down 117% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 10Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026Gemtek Technology Co., Ltd., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.36 (up from NT$0.23 in 3Q 2024). Revenue: NT$3.56b (down 42% from 3Q 2024). Net income: NT$155.0m (up 63% from 3Q 2024). Profit margin: 4.4% (up from 1.5% in 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 10Second quarter 2025 earnings released: NT$0.96 loss per share (vs NT$0.74 profit in 2Q 2024)Second quarter 2025 results: NT$0.96 loss per share (down from NT$0.74 profit in 2Q 2024). Revenue: NT$4.20b (down 45% from 2Q 2024). Net loss: NT$408.1m (down 235% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Aug 10New major risk - Revenue and earnings growthEarnings have declined by 17% 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 17% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
お知らせ • Jul 30Gemtek Achieves CableLabs Certification for DOCSIS 3.1, Begins Shipments, and Prepares for DOCSIS 4.0 LaunchGemtek Technology announced that its GT-DUO31 DOCSIS 3.1 Cable Modem has earned CableLabs®? certification, marking a significant milestone in its expansion into the North American market. With shipments now underway to a major North American cable operator, Gemtek is also advancing toward the launch of its next-generation DOCSIS 4.0 Cable Modem, which has been submitted for CableLabs certification. The CableLabs certification underscores Gemtek's commitment to delivering interoperable, reliable, and high-performance broadband solutions. The GT-DUO 31 DOCSIS 3.1 cable Modem offers blazing-fast download speeds of up to 4.5 Gbps and upload speeds of 1.6 Gbps--ideal for high-resolution streaming, cloud-based applications, and smart home connectivity. Equipped with dual 2.5G Ethernet ports, the GT-DUO31 enhances network efficiency and performance for modern households and businesses. Gemtek's forthcoming DOCSIS 4.0 cable Modem is engineered to redefine broadband performance, supporting downstream speeds of up to 10 Gbps and upstream speeds of 4 Gbps. Built on advanced multi-channel OFDM/OFDMA technology and the RDK-B architecture, the modem integrates data and voice services compatible with PacketCable™? 1.5 and 2.0. Gemtek anticipates completing CableLabs certification for its DOCSIS 4.0 modem in the second half of 2025, positioning the company to serve top-tier global telecom operators. With GT-DUO31 shipments underway, Gemtek is strengthening its presence in the North American DOCSIS market. The company also plans to expand its DOCSIS 3.1 and 4.0 product lines into Europe and the Asia-Pacific region, offering innovative broadband solutions and fostering new partnership opportunities worldwide.
Declared Dividend • Jun 09Dividend of NT$1.50 announcedShareholders will receive a dividend of NT$1.50. Ex-date: 3rd July 2025 Payment date: 25th July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (35% 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 9.5% to bring the payout ratio under control. However, EPS has declined by 9.1% over the last 5 years so the company would need to reverse this trend.
お知らせ • May 16Gemtek Technology Co., Ltd. to Showcase 800G Optical Module, Software Cloud, and AI Router at COMPUTEX TAIPEI 2025Gemtek Technology Co., Ltd. is set to showcase a powerful lineup of next-generation technologies at COMPUTEX TAIPEI 2025, taking place from May 20 to 23 at the Taipei Nangang Exhibition Center. Gemtek will unveil its latest ultra-fast 800G Optical Module and Software Cloud platform. Gemtek will also demonstrate the advanced capabilities of its MoAI AI Router, integrated with IntoWell Biomedical's Dr.AI platform. Together, these breakthroughs highlight Gemtek's commitment to advancing digital transformation across the fields of telecommunications, cloud services, and AI. Driven by the explosive growth of big data, cloud applications, and AI, the demand for high-bandwidth, high-speed, and low-latency transmission continues to surge exponentially, making 800G Optical Modules stand out as a crucial technology for AI Cloud Data Centers. Building on its strong foundation in telecommunications, Gemtek has invested extensively in the research and development of its 800G Optical Module, which will make its debut at this year's exhibition. As part of its broader digital transformation strategy, Gemtek has teamed up with GENIX NetworkS to launch its exclusive Software Cloud. The Software Cloud is a cloud-based platform that combines network security, traffic management, and behavioral control into a single solution. Designed to meet the growing demand for online privacy and cybersecurity, the platform offers comprehensive security features like firewalls, antivirus, anti-intrusion, and web threat defense, all powered by deep packet inspection for reliable and secure performance. Additional features such as the QoS technology optimizes key applications like video streaming and virtual meetings, while parental controls block inappropriate content. Another key collaborative achievement for Gemtek is its partnership with IntoWell Biomedical on the Dr.AI smart healthcare platform. In conjunction with Gemtek's MoAI AI Router, the two companies jointly developed the Medical Pre-Assessment system (MedPA) and the MoAI Avatar. Patients can interact with the MoAI AI Router to describe symptoms, which are then automatically transcribed via speech-to-text (STT) into a structured SOAP note. The solution helps reduce documentation workloads for healthcare providers, streamlines clinical workflows, and accelerates digital transformation in hospitals. This remarkable innovation was recently honored with the COMPUTEX 2025 Best Choice Award in the Digital Healthcare category.
Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.15 (down from NT$0.18 in 1Q 2024). Revenue: NT$5.15b (down 11% from 1Q 2024). Net income: NT$61.8m (down 13% from 1Q 2024). Profit margin: 1.2% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Apr 30Gemtek Technology Co., Ltd. to Report Q1, 2025 Results on May 02, 2025Gemtek Technology Co., Ltd. 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$24.50, the stock trades at a trailing P/E ratio of 16.2x. Average forward P/E is 14x in the Communications industry in Taiwan. Total loss to shareholders of 8.3% over the past three years.
分析記事 • Mar 20We Think That There Are Some Issues For Gemtek Technology (TWSE:4906) Beyond Its Promising EarningsThe recent earnings posted by Gemtek Technology Co., Ltd. ( TWSE:4906 ) were solid, but the stock didn't move as much...
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.55 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.55 in FY 2023). Revenue: NT$25.6b (down 1.9% from FY 2023). Net income: NT$647.3m (up 6.3% from FY 2023). Profit margin: 2.5% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Mar 13Gemtek Technology Co., Ltd., Annual General Meeting, May 28, 2025Gemtek Technology Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: no,79 ln.1, ta chih rd., hsinchu county Taiwan
お知らせ • Mar 11Gemtek Technology Co., Ltd. Announces Chief Marketing Officer ChangesGemtek Technology Co., Ltd. announced Chief Marketing Officer changes. Name, title, and resume of the previous position holder: Rock Zheng/Chief Marketing Officer. Name, title, and resume of the new position holder: James Li, General Manager of company (temporary agent). Reason for the change: retirement. Effective date: March 17, 2025.
お知らせ • Feb 28Gemtek Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025Gemtek Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.3% increase in shares outstanding).
分析記事 • Dec 13Gemtek Technology (TWSE:4906) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
New Risk • Nov 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 3.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (172% payout ratio). Profit margins are more than 30% lower than last year (1.4% net profit margin). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).
お知らせ • Oct 06Gemtek Technology Co., Ltd. Approves Executive ChangesGemtek Technology Co., Ltd. approved executive changes. Name, title, and resume of the previous position holder: COO: Rong Chang Li/Gemtek Technology Co., Ltd./President. Name, title, and resume of the new position holder: King Wang /Gemtek Technology Co., Ltd./COO and Rick Chen /Gemtek Technology Co., Ltd./CPO. Effective date: 7 October 2024.
分析記事 • Aug 16Gemtek Technology's (TWSE:4906) Anemic Earnings Might Be Worse Than You ThinkGemtek Technology Co., Ltd.'s ( TWSE:4906 ) recent weak earnings report didn't cause a big stock movement. However, we...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.74 (vs NT$0.79 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.74 (down from NT$0.79 in 2Q 2023). Revenue: NT$7.61b (up 8.5% from 2Q 2023). Net income: NT$302.9m (down 2.5% from 2Q 2023). Profit margin: 4.0% (down from 4.4% in 2Q 2023). Revenue is forecast to grow 11% 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 16% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
分析記事 • Aug 07Some Shareholders Feeling Restless Over Gemtek Technology Co., Ltd.'s (TWSE:4906) P/E RatioGemtek Technology Co., Ltd.'s ( TWSE:4906 ) price-to-earnings (or "P/E") ratio of 25.9x might make it look like a sell...
New Risk • Aug 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 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: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding).
お知らせ • Aug 02Gemtek Technology Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Gemtek Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Price Target Changed • Jul 25Price target increased by 8.4% to NT$45.00Up from NT$41.50, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$43.45. Stock is up 37% over the past year. The company posted earnings per share of NT$1.55 last year.
分析記事 • Jul 12We Like These Underlying Return On Capital Trends At Gemtek Technology (TWSE:4906)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
分析記事 • Jun 13Gemtek Technology (TWSE:4906) Is Due To Pay A Dividend Of NT$1.50Gemtek Technology Co., Ltd.'s ( TWSE:4906 ) investors are due to receive a payment of NT$1.50 per share on 19th of...
Declared Dividend • May 31Dividend of NT$1.50 announcedDividend of NT$1.50 is the same as last year. Ex-date: 26th June 2024 Payment date: 19th July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is well covered by cash flows (28% 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 6.8% to bring the payout ratio under control, which is less than the 98% EPS growth achieved over the last 5 years.
お知らせ • May 30Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 19, 2024Gemtek Technology Co., Ltd. announced Cash dividends of TWD 615,575,792 (TWD 1.5 per share) of common stock. Ex-rights (ex-dividend) record date is July 2, 2024. Payment date of cash dividend distribution is July 19, 2024. Ex-rights (ex-dividend) trading date is June 26, 2024.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.47 in 1Q 2023)First quarter 2024 results: EPS: NT$0.18 (down from NT$0.47 in 1Q 2023). Revenue: NT$5.76b (down 18% from 1Q 2023). Net income: NT$71.0m (down 62% from 1Q 2023). Profit margin: 1.2% (down from 2.6% in 1Q 2023). Revenue is forecast to grow 18% 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 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • May 03Gemtek Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Gemtek Technology Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (97% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
New Risk • Apr 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% 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 (97% payout ratio). Large one-off items impacting financial results.
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.55 (vs NT$1.70 in FY 2022)Full year 2023 results: EPS: NT$1.55 (down from NT$1.70 in FY 2022). Revenue: NT$26.1b (down 6.3% from FY 2022). Net income: NT$609.2m (down 8.4% from FY 2022). Profit margin: 2.3% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Communications industry in Taiwan. 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 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 14+ 1 more updateGemtek Technology Co., Ltd., Annual General Meeting, May 29, 2024Gemtek Technology Co., Ltd., Annual General Meeting, May 29, 2024. Location: Chung Hwa Park Recreation Center Conference Room ocated at No.79, Ln. 1,Dazhi Rd., Hukou Township Hsinchu County, Taiwan R.O.C. Hsinchu City Taiwan Agenda: To report the business of 2023; to consider audit committee's review report; to report 2023 employees’ compensation and remuneration; to report 2023 employees' profit sharing and directors' compensation board of directors; to accept 2023 business report and financial statements; to accept 2023 earnings distribution; to discuss issuance of common shares by raising capital through private placement; and to consider other issues.
分析記事 • Mar 06There's Been No Shortage Of Growth Recently For Gemtek Technology's (TWSE:4906) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Price Target Changed • Aug 09Price target increased by 47% to NT$50.00Up from NT$34.00, the current price target is an average from 2 analysts. New target price is 49% above last closing price of NT$33.55. Stock is up 14% over the past year. The company posted earnings per share of NT$1.70 last year.
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.79 (vs NT$0.14 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.79 (up from NT$0.14 in 2Q 2022). Revenue: NT$7.01b (up 8.0% from 2Q 2022). Net income: NT$310.6m (up 451% from 2Q 2022). Profit margin: 4.4% (up from 0.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Communications industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 07Upcoming dividend of NT$1.50 per share at 4.7% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 13 July 2023. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.0%).
お知らせ • May 30Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 13, 2023Gemtek Technology Co., Ltd. announced Cash dividends of TWD 591,711,716 (TWD 1.5 per share) of common stock. Ex-rights (ex-dividend) record date is June 20, 2023. Payment date of cash dividend distribution is July 13, 2023. Ex-rights (ex-dividend) trading date is June 14, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.70 (vs NT$1.89 in FY 2021)Full year 2022 results: EPS: NT$1.70 (down from NT$1.89 in FY 2021). Revenue: NT$27.9b (up 22% from FY 2021). Net income: NT$664.7m (down 2.2% from FY 2021). Profit margin: 2.4% (down from 3.0% in FY 2021). The decrease in margin was driven by higher expenses. 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.
お知らせ • Dec 02Gemtek Technology Co., Ltd. Announces COO ChangesGemtek Technology Co., Ltd. appointed Rong Chang Li/Gemtek Technology Co., Ltd./President in the place of Lin, Tien Jin /Gemtek Technology Co., Ltd./COO, as COO, effective from November 30, 2022.
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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Zhi Yang Chang was the last independent director to join the board, commencing their role in 2019. 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 13Third quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.28 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.57 (up from NT$0.28 in 3Q 2021). Revenue: NT$7.70b (up 39% from 3Q 2021). Net income: NT$223.3m (up 124% from 3Q 2021). Profit margin: 2.9% (up from 1.8% in 3Q 2021). Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 12% 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 5% 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$26.05, the stock trades at a trailing P/E ratio of 21x. Average forward P/E is 11x in the Communications industry in Taiwan. Total returns to shareholders of 13% over the past three years.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.14 (down from NT$0.51 in 2Q 2021). Revenue: NT$6.49b (flat on 2Q 2021). Net income: NT$56.4m (down 69% from 2Q 2021). Profit margin: 0.9% (down from 2.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$26.10, the stock trades at a trailing P/E ratio of 16.8x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 10.0% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of NT$1.54 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%).
お知らせ • Jun 18Gemtek Technology Co., Ltd. Announces Cash Dividend, Payable on July 28, 2022Gemtek Technology Co., Ltd. announced Cash dividends of TWD 607,738,466 (TWD 1.53929 per share) of common stock. Ex-rights (ex-dividend) trading date is July 4, 2022. Ex-rights (ex-dividend) record date is July 10, 2022. The cash dividend will be paid on July 28, 2022.
Reported Earnings • May 07First quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.36 in 1Q 2021)First quarter 2022 results: EPS: NT$0.17 (down from NT$0.36 in 1Q 2021). Revenue: NT$5.17b (down 1.3% from 1Q 2021). Net income: NT$63.7m (down 50% from 1Q 2021). Profit margin: 1.2% (down from 2.4% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Zhi Yang Chang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Feb 10Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be NT$40.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% per annum over the last 3 years. The company has become profitable over the last 3 years.
Price Target Changed • Jan 26Price target increased to NT$30.50Up from NT$25.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$31.00. Stock is up 11% over the past year. The company posted earnings per share of NT$3.86 last year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.28 (vs NT$3.48 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.54b (down 18% from 3Q 2020). Net income: NT$99.8m (down 92% from 3Q 2020). Profit margin: 1.8% (down from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.43 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.52b (up 15% from 2Q 2020). Net income: NT$181.2m (up 20% from 2Q 2020). Profit margin: 2.8% (up from 2.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.65, the stock trades at a trailing P/E ratio of 6x. Average forward P/E is 13x in the Communications industry in Taiwan. Total returns to shareholders of 30% over the past three years.
Upcoming Dividend • Jul 28Upcoming dividend of NT$1.96 per shareEligible shareholders must have bought the stock before 04 August 2021. Payment date: 25 August 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$26.00, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 12x in the Communications industry in Taiwan. Total returns to shareholders of 6.9% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.35 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$5.24b (up 99% from 1Q 2020). Net income: NT$128.3m (up NT$252.4m from 1Q 2020). Profit margin: 2.4% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 23Is Gemtek Technology Co., Ltd. (TPE:4906) The Right Choice For A Smart Dividend Investor?Today we'll take a closer look at Gemtek Technology Co., Ltd. ( TPE:4906 ) from a dividend investor's perspective...
分析記事 • Apr 05Investors Will Want Gemtek Technology's (TPE:4906) Growth In ROCE To PersistIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$3.86 (vs NT$0.57 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$19.9b (up 10% from FY 2019). Net income: NT$1.37b (up NT$1.17b from FY 2019). Profit margin: 6.9% (up from 1.1% 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 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 17Has Gemtek Technology Co., Ltd.'s (TPE:4906) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Gemtek Technology's (TPE:4906) stock is up by a considerable 13% over the past month. Given that stock prices are...
分析記事 • Mar 02Shareholders Of Gemtek Technology (TPE:4906) Must Be Happy With Their 82% ReturnWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
分析記事 • Feb 15Here's Why I Think Gemtek Technology (TPE:4906) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Feb 01Gemtek Technology (TPE:4906) Has A Pretty Healthy 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 • Jan 18Gemtek Technology Co., Ltd. (TPE:4906) Is An Attractive Dividend Stock - Here's WhyToday we'll take a closer look at Gemtek Technology Co., Ltd. ( TPE:4906 ) from a dividend investor's perspective...
分析記事 • Jan 05Will Gemtek Technology's (TPE:4906) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is New 90 Day High Low • Jan 05New 90-day high: NT$32.50The company is up 24% from its price of NT$26.15 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Communications industry, which is also up 24% over the same period.
分析記事 • Dec 21Gemtek Technology Co., Ltd. (TPE:4906) Could Be Riskier Than It LooksWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 19x, you may consider...
分析記事 • Dec 08Gemtek Technology Co., Ltd.'s (TPE:4906) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Gemtek Technology's (TPE:4906) stock increased significantly by 12% over the...
分析記事 • Nov 25We Wouldn't Rely On Gemtek Technology's (TPE:4906) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$3.48The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.75b (up 49% from 3Q 2019). Net income: NT$1.23b (up NT$1.14b from 3Q 2019). Profit margin: 18% (up from 2.0% in 3Q 2019). The increase in margin was driven by higher revenue. 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 5% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 02New 90-day high: NT$30.50The company is up 21% from its price of NT$25.15 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$40.72 per share.
