View Past PerformanceLedtech Electronics バランスシートの健全性財務の健全性 基準チェック /46Ledtech Electronicsの総株主資本はNT$924.7M 、総負債はNT$209.6Mで、負債比率は22.7%となります。総資産と総負債はそれぞれNT$1.4BとNT$515.2Mです。 Ledtech Electronicsの EBIT はNT$6.5Mで、利息カバレッジ比率-1.4です。現金および短期投資はNT$455.5Mです。主要情報22.66%負債資本比率NT$209.55m負債インタレスト・カバレッジ・レシオ-1.4x現金NT$455.50mエクイティNT$924.68m負債合計NT$515.19m総資産NT$1.44b財務の健全性に関する最新情報分析記事 • Apr 28Is Ledtech Electronics (TPE:6164) Using Debt In A Risky Way?David 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 • Jan 12Does Ledtech Electronics (TPE:6164) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.07 (vs NT$0.47 in FY 2024)Full year 2025 results: EPS: NT$0.07 (down from NT$0.47 in FY 2024). Revenue: NT$732.2m (down 11% from FY 2024). Net income: NT$5.66m (down 87% from FY 2024). Profit margin: 0.8% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Mar 11Ledtech Electronics Corp., Annual General Meeting, May 26, 2026Ledtech Electronics Corp., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city TaiwanNew Risk • Dec 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 444% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$996.0m market cap, or US$31.6m).Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.051 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.05 (down from NT$0.051 in 3Q 2024). Revenue: NT$153.0m (down 16% from 3Q 2024). Net income: NT$4.36m (down 7.0% from 3Q 2024). Profit margin: 2.9% (up from 2.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 32% 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.Buy Or Sell Opportunity • Nov 12Now 31% overvaluedOver the last 90 days, the stock has fallen 1.9% to NT$10.25. The fair value is estimated to be NT$7.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 29%.Board Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Lung-Chin Tu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.2% Last year net profit margin: 2.9% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 459% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$840.0m market cap, or US$28.0m).Upcoming Dividend • Jul 03Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$0.18 in 1Q 2024). Revenue: NT$208.6m (down 2.7% from 1Q 2024). Net income: NT$8.24m (down 42% from 1Q 2024). Profit margin: 4.0% (down from 6.6% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.お知らせ • May 01Ledtech Electronics Corp. to Report Q1, 2025 Results on May 12, 2025Ledtech Electronics Corp. announced that they will report Q1, 2025 results on May 12, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$9.87, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 23% over the past three years.New Risk • Apr 04New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 106% Dividend yield: 4.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (106% payout ratio). Market cap is less than US$100m (NT$952.0m market cap, or US$28.7m).分析記事 • Mar 24Ledtech Electronics' (TWSE:6164) Earnings May Just Be The Starting PointEven though Ledtech Electronics Corp.'s ( TWSE:6164 ) recent earnings release was robust, the market didn't seem to...Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.47 (vs NT$0.30 loss in FY 2023)Full year 2024 results: EPS: NT$0.47 (up from NT$0.30 loss in FY 2023). Revenue: NT$822.4m (up 15% from FY 2023). Net income: NT$43.8m (up NT$67.7m from FY 2023). Profit margin: 5.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Mar 14Ledtech Electronics Corp., Annual General Meeting, Jun 03, 2025Ledtech Electronics Corp., Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city Taiwanお知らせ • Mar 05Ledtech Electronics Corp. to Report Q4, 2024 Results on Mar 12, 2025Ledtech Electronics Corp. announced that they will report Q4, 2024 results on Mar 12, 2025Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.05 (vs NT$0.078 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.05 (down from NT$0.078 in 3Q 2023). Revenue: NT$181.4m (up 14% from 3Q 2023). Net income: NT$4.69m (down 25% from 3Q 2023). Profit margin: 2.6% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Nov 06Ledtech Electronics Corp. to Report Q3, 2024 Results on Nov 13, 2024Ledtech Electronics Corp. announced that they will report Q3, 2024 results on Nov 13, 2024Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$15.50, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 1.4% over the past three years.分析記事 • Oct 28Ledtech Electronics Corp.'s (TWSE:6164) P/E Still Appears To Be ReasonableWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider...Upcoming Dividend • Oct 10Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 31 October 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 2.8%.Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.066 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.18 (up from NT$0.066 loss in 2Q 2023). Revenue: NT$236.3m (up 17% from 2Q 2023). Net income: NT$17.8m (up NT$24.3m from 2Q 2023). Profit margin: 7.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Jul 31Ledtech Electronics Corp. to Report Q2, 2024 Results on Aug 07, 2024Ledtech Electronics Corp. announced that they will report Q2, 2024 results on Aug 07, 2024分析記事 • Jul 22Unpleasant Surprises Could Be In Store For Ledtech Electronics Corp.'s (TWSE:6164) SharesIt's not a stretch to say that Ledtech Electronics Corp.'s ( TWSE:6164 ) price-to-sales (or "P/S") ratio of 2x right...Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.088 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.14 (up from NT$0.088 loss in 1Q 2023). Revenue: NT$214.4m (up 24% from 1Q 2023). Net income: NT$14.1m (up NT$22.9m from 1Q 2023). Profit margin: 6.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • May 11Ledtech Electronics Corp. Announces the Appointment of Wang Hsueh-Lan as Corporate Governance OfficerLedtech Electronics Corp. announced the appointment of Wang Hsueh-Lan as Corporate governance officer. Resume of the new position holder: Wang Hsueh-Lan/Assistant Manager of Accounting Department. Effective date: May 10, 2024.お知らせ • May 05Ledtech Electronics Corp. to Report Q1, 2024 Results on May 10, 2024Ledtech Electronics Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024お知らせ • Apr 10Ledtech Electronics Corp. Announces Resignation of Lin Mei Wen as Corporate Governance Officer, Effective April 12, 2024Ledtech Electronics Corp. announced the resignation of Lin Mei Wen as Acting Spokesperson and Corporate governance officer of the company.Effective date: April 12, 2024.Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.24 loss per share (vs NT$0.62 profit in FY 2022)Full year 2023 results: NT$0.24 loss per share (down from NT$0.62 profit in FY 2022). Revenue: NT$717.1m (down 19% from FY 2022). Net loss: NT$24.0m (down 139% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Ledtech Electronics Corp., Annual General Meeting, Jun 07, 2024Ledtech Electronics Corp., Annual General Meeting, Jun 07, 2024. Location: Room 203, No. 219, Section 3, Zhongxing Road, Xindian District New Taipei City Taiwan Agenda: To consider the Report on the Company's FY2023 Business Report; to consider the Report on Audit Committee's Review Opinions on FY2023 Annual Final; to consider the Adoption of FY2023 Business Report and Financial Statements; to consider the Adoption of FY2023 profit and loss appropriation case; and to discuss other matters.分析記事 • Feb 26Ledtech Electronics Corp.'s (TWSE:6164) 25% Price Boost Is Out Of Tune With RevenuesLedtech Electronics Corp. ( TWSE:6164 ) shares have continued their recent momentum with a 25% gain in the last month...New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Dividend is not well covered by earnings (301% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.48b market cap, or US$47.1m).Reported Earnings • Aug 11Second quarter 2023 earnings released: NT$0.07 loss per share (vs NT$0.30 profit in 2Q 2022)Second quarter 2023 results: NT$0.07 loss per share (down from NT$0.30 profit in 2Q 2022). Revenue: NT$202.4m (down 18% from 2Q 2022). Net loss: NT$6.56m (down 122% from profit in 2Q 2022). 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 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 20Upcoming dividend of NT$0.55 per share at 4.0% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 26 July 2023. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$14.00, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.Reported Earnings • Mar 22Full year 2022 earnings released: EPS: NT$0.62 (vs NT$0.065 in FY 2021)Full year 2022 results: EPS: NT$0.62 (up from NT$0.065 in FY 2021). Revenue: NT$885.7m (down 7.2% from FY 2021). Net income: NT$61.7m (up NT$55.3m from FY 2021). Profit margin: 7.0% (up from 0.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 6.4%. The fair value is estimated to be NT$13.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$10.85, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.06 loss per share (vs NT$0.04 loss in 1Q 2021)First quarter 2022 results: NT$0.06 loss per share (down from NT$0.04 loss in 1Q 2021). Revenue: NT$228.7m (up 2.2% from 1Q 2021). Net loss: NT$6.28m (loss widened 58% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.06 (vs NT$0.17 loss in FY 2020)Full year 2021 results: EPS: NT$0.06 (up from NT$0.17 loss in FY 2020). Revenue: NT$954.5m (up 26% from FY 2020). Net income: NT$6.47m (up NT$23.1m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$252.9m (up 47% from 3Q 2020). Net income: NT$11.8m (up NT$22.4m from 3Q 2020). Profit margin: 4.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.065 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$238.9m (up 15% from 2Q 2020). Net income: NT$7.78m (up NT$14.3m from 2Q 2020). Profit margin: 3.3% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • May 18First quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.16 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$223.8m (up 18% from 1Q 2020). Net loss: NT$3.97m (loss narrowed 75% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.分析記事 • Apr 28Is Ledtech Electronics (TPE:6164) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 24Full year 2020 earnings released: NT$0.17 loss per share (vs NT$0.60 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$760.6m (down 16% from FY 2019). Net loss: NT$16.6m (loss narrowed 72% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.分析記事 • Jan 12Does Ledtech Electronics (TPE:6164) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 11New 90-day high: NT$12.50The company is up 71% from its price of NT$7.30 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 21New 90-day high: NT$8.07The company is up 11% from its price of NT$7.30 on 22 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the Electronic industry, which is up 11% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.11 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$171.9m (down 25% from 3Q 2019). Net loss: NT$10.6m (loss narrowed 47% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 118% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 21New 90-day high: NT$8.00The company is up 24% from its price of NT$6.47 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 05New 90-day high: NT$7.36The company is up 10.0% from its price of NT$6.67 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period.財務状況分析短期負債: 6164の 短期資産 ( NT$819.2M ) が 短期負債 ( NT$445.6M ) を超えています。長期負債: 6164の短期資産 ( NT$819.2M ) が 長期負債 ( NT$69.6M ) 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: 6164総負債よりも多くの現金を保有しています。負債の削減: 6164の負債対資本比率は、過去 5 年間で21.3%から22.7%に増加しました。債務返済能力: 6164の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 3.5% )。インタレストカバレッジ: 6164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2026/05/08 12:25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Ledtech Electronics Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Xi Hao BauCapital Securities CorporationHitoshi SakamotoMizuho Securities Co., Ltd.
分析記事 • Apr 28Is Ledtech Electronics (TPE:6164) Using Debt In A Risky Way?David 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 • Jan 12Does Ledtech Electronics (TPE:6164) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.07 (vs NT$0.47 in FY 2024)Full year 2025 results: EPS: NT$0.07 (down from NT$0.47 in FY 2024). Revenue: NT$732.2m (down 11% from FY 2024). Net income: NT$5.66m (down 87% from FY 2024). Profit margin: 0.8% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 11Ledtech Electronics Corp., Annual General Meeting, May 26, 2026Ledtech Electronics Corp., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
New Risk • Dec 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 444% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$996.0m market cap, or US$31.6m).
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.051 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.05 (down from NT$0.051 in 3Q 2024). Revenue: NT$153.0m (down 16% from 3Q 2024). Net income: NT$4.36m (down 7.0% from 3Q 2024). Profit margin: 2.9% (up from 2.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 32% 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.
Buy Or Sell Opportunity • Nov 12Now 31% overvaluedOver the last 90 days, the stock has fallen 1.9% to NT$10.25. The fair value is estimated to be NT$7.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 29%.
Board Change • Oct 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Lung-Chin Tu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.2% Last year net profit margin: 2.9% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 459% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$840.0m market cap, or US$28.0m).
Upcoming Dividend • Jul 03Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.18 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$0.18 in 1Q 2024). Revenue: NT$208.6m (down 2.7% from 1Q 2024). Net income: NT$8.24m (down 42% from 1Q 2024). Profit margin: 4.0% (down from 6.6% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • May 01Ledtech Electronics Corp. to Report Q1, 2025 Results on May 12, 2025Ledtech Electronics Corp. announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$9.87, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 23% over the past three years.
New Risk • Apr 04New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 106% Dividend yield: 4.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (106% payout ratio). Market cap is less than US$100m (NT$952.0m market cap, or US$28.7m).
分析記事 • Mar 24Ledtech Electronics' (TWSE:6164) Earnings May Just Be The Starting PointEven though Ledtech Electronics Corp.'s ( TWSE:6164 ) recent earnings release was robust, the market didn't seem to...
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.47 (vs NT$0.30 loss in FY 2023)Full year 2024 results: EPS: NT$0.47 (up from NT$0.30 loss in FY 2023). Revenue: NT$822.4m (up 15% from FY 2023). Net income: NT$43.8m (up NT$67.7m from FY 2023). Profit margin: 5.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Mar 14Ledtech Electronics Corp., Annual General Meeting, Jun 03, 2025Ledtech Electronics Corp., Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
お知らせ • Mar 05Ledtech Electronics Corp. to Report Q4, 2024 Results on Mar 12, 2025Ledtech Electronics Corp. announced that they will report Q4, 2024 results on Mar 12, 2025
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.05 (vs NT$0.078 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.05 (down from NT$0.078 in 3Q 2023). Revenue: NT$181.4m (up 14% from 3Q 2023). Net income: NT$4.69m (down 25% from 3Q 2023). Profit margin: 2.6% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 06Ledtech Electronics Corp. to Report Q3, 2024 Results on Nov 13, 2024Ledtech Electronics Corp. announced that they will report Q3, 2024 results on Nov 13, 2024
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$15.50, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 1.4% over the past three years.
分析記事 • Oct 28Ledtech Electronics Corp.'s (TWSE:6164) P/E Still Appears To Be ReasonableWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider...
Upcoming Dividend • Oct 10Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 17 October 2024. Payment date: 31 October 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 2.8%.
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.066 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.18 (up from NT$0.066 loss in 2Q 2023). Revenue: NT$236.3m (up 17% from 2Q 2023). Net income: NT$17.8m (up NT$24.3m from 2Q 2023). Profit margin: 7.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 31Ledtech Electronics Corp. to Report Q2, 2024 Results on Aug 07, 2024Ledtech Electronics Corp. announced that they will report Q2, 2024 results on Aug 07, 2024
分析記事 • Jul 22Unpleasant Surprises Could Be In Store For Ledtech Electronics Corp.'s (TWSE:6164) SharesIt's not a stretch to say that Ledtech Electronics Corp.'s ( TWSE:6164 ) price-to-sales (or "P/S") ratio of 2x right...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.14 (vs NT$0.088 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.14 (up from NT$0.088 loss in 1Q 2023). Revenue: NT$214.4m (up 24% from 1Q 2023). Net income: NT$14.1m (up NT$22.9m from 1Q 2023). Profit margin: 6.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • May 11Ledtech Electronics Corp. Announces the Appointment of Wang Hsueh-Lan as Corporate Governance OfficerLedtech Electronics Corp. announced the appointment of Wang Hsueh-Lan as Corporate governance officer. Resume of the new position holder: Wang Hsueh-Lan/Assistant Manager of Accounting Department. Effective date: May 10, 2024.
お知らせ • May 05Ledtech Electronics Corp. to Report Q1, 2024 Results on May 10, 2024Ledtech Electronics Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024
お知らせ • Apr 10Ledtech Electronics Corp. Announces Resignation of Lin Mei Wen as Corporate Governance Officer, Effective April 12, 2024Ledtech Electronics Corp. announced the resignation of Lin Mei Wen as Acting Spokesperson and Corporate governance officer of the company.Effective date: April 12, 2024.
Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.24 loss per share (vs NT$0.62 profit in FY 2022)Full year 2023 results: NT$0.24 loss per share (down from NT$0.62 profit in FY 2022). Revenue: NT$717.1m (down 19% from FY 2022). Net loss: NT$24.0m (down 139% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Ledtech Electronics Corp., Annual General Meeting, Jun 07, 2024Ledtech Electronics Corp., Annual General Meeting, Jun 07, 2024. Location: Room 203, No. 219, Section 3, Zhongxing Road, Xindian District New Taipei City Taiwan Agenda: To consider the Report on the Company's FY2023 Business Report; to consider the Report on Audit Committee's Review Opinions on FY2023 Annual Final; to consider the Adoption of FY2023 Business Report and Financial Statements; to consider the Adoption of FY2023 profit and loss appropriation case; and to discuss other matters.
分析記事 • Feb 26Ledtech Electronics Corp.'s (TWSE:6164) 25% Price Boost Is Out Of Tune With RevenuesLedtech Electronics Corp. ( TWSE:6164 ) shares have continued their recent momentum with a 25% gain in the last month...
New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Dividend is not well covered by earnings (301% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.48b market cap, or US$47.1m).
Reported Earnings • Aug 11Second quarter 2023 earnings released: NT$0.07 loss per share (vs NT$0.30 profit in 2Q 2022)Second quarter 2023 results: NT$0.07 loss per share (down from NT$0.30 profit in 2Q 2022). Revenue: NT$202.4m (down 18% from 2Q 2022). Net loss: NT$6.56m (down 122% from profit in 2Q 2022). 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 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 20Upcoming dividend of NT$0.55 per share at 4.0% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 26 July 2023. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.2%).
Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$14.00, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: NT$0.62 (vs NT$0.065 in FY 2021)Full year 2022 results: EPS: NT$0.62 (up from NT$0.065 in FY 2021). Revenue: NT$885.7m (down 7.2% from FY 2021). Net income: NT$61.7m (up NT$55.3m from FY 2021). Profit margin: 7.0% (up from 0.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 10Now 21% undervaluedOver the last 90 days, the stock is up 6.4%. The fair value is estimated to be NT$13.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$10.85, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 57% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.06 loss per share (vs NT$0.04 loss in 1Q 2021)First quarter 2022 results: NT$0.06 loss per share (down from NT$0.04 loss in 1Q 2021). Revenue: NT$228.7m (up 2.2% from 1Q 2021). Net loss: NT$6.28m (loss widened 58% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$0.06 (vs NT$0.17 loss in FY 2020)Full year 2021 results: EPS: NT$0.06 (up from NT$0.17 loss in FY 2020). Revenue: NT$954.5m (up 26% from FY 2020). Net income: NT$6.47m (up NT$23.1m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$252.9m (up 47% from 3Q 2020). Net income: NT$11.8m (up NT$22.4m from 3Q 2020). Profit margin: 4.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.065 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$238.9m (up 15% from 2Q 2020). Net income: NT$7.78m (up NT$14.3m from 2Q 2020). Profit margin: 3.3% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.16 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$223.8m (up 18% from 1Q 2020). Net loss: NT$3.97m (loss narrowed 75% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 28Is Ledtech Electronics (TPE:6164) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 24Full year 2020 earnings released: NT$0.17 loss per share (vs NT$0.60 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$760.6m (down 16% from FY 2019). Net loss: NT$16.6m (loss narrowed 72% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 12Does Ledtech Electronics (TPE:6164) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 11New 90-day high: NT$12.50The company is up 71% from its price of NT$7.30 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 21New 90-day high: NT$8.07The company is up 11% from its price of NT$7.30 on 22 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the Electronic industry, which is up 11% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.11 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$171.9m (down 25% from 3Q 2019). Net loss: NT$10.6m (loss narrowed 47% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 118% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 21New 90-day high: NT$8.00The company is up 24% from its price of NT$6.47 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 05New 90-day high: NT$7.36The company is up 10.0% from its price of NT$6.67 on 07 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period.