Flytech Technology（6206）株式概要Flytech Technology Co, Ltd.は、台湾、ヨーロッパ、アフリカ、米国、アジア、および国際的なコンピュータおよび周辺機器の設計、製造、売買、販売を行っています。 詳細6206 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長2/6過去の実績1/6財務の健全性6/6配当金2/6報酬当社が推定した公正価値より34.5%で取引されている 収益は年間19.6%増加すると予測されています アナリストらは、株価が20.6%上昇するだろうとほぼ一致している。 リスク分析高いレベルの非現金収入 4.2%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る6206 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$131.00126.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture010b2016201920222025202620282031Revenue NT$10.0bEarnings NT$2.0bAdvancedSet Fair ValueView all narrativesFlytech Technology Co., Ltd. 競合他社Argosy ResearchSymbol: TPEX:3217Market cap: NT$17.0bPosiflex TechnologySymbol: TWSE:8114Market cap: NT$18.1bBaotek Industrial MaterialsSymbol: TPEX:5340Market cap: NT$19.4bClimax TechnologySymbol: TPEX:7689Market cap: NT$13.1b価格と性能株価の高値、安値、推移の概要Flytech Technology過去の株価現在の株価NT$131.0052週高値NT$142.5052週安値NT$88.20ベータ0.331ヶ月の変化22.43%3ヶ月変化40.56%1年変化13.42%3年間の変化84.51%5年間の変化111.63%IPOからの変化731.20%最新ニュースValuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$138, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$199 per share.Reported Earnings • May 09First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00. Revenue: NT$1.51b (up 11% from 1Q 2025). Net income: NT$359.0m (up 10% from 1Q 2025). Profit margin: 24% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$6.90 (vs NT$6.93 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$6.93 in FY 2024). Revenue: NT$5.03b (up 9.3% from FY 2024). Net income: NT$986.5m (flat on FY 2024). Profit margin: 20% (down from 22% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.Buy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$92.20. The fair value is estimated to be NT$75.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.8%.お知らせ • Feb 02Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city TaiwanReported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.56 (up from NT$1.33 in 3Q 2024). Revenue: NT$1.23b (up 12% from 3Q 2024). Net income: NT$223.6m (up 18% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$138, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$199 per share.Reported Earnings • May 09First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00. Revenue: NT$1.51b (up 11% from 1Q 2025). Net income: NT$359.0m (up 10% from 1Q 2025). Profit margin: 24% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$6.90 (vs NT$6.93 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$6.93 in FY 2024). Revenue: NT$5.03b (up 9.3% from FY 2024). Net income: NT$986.5m (flat on FY 2024). Profit margin: 20% (down from 22% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.Buy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$92.20. The fair value is estimated to be NT$75.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.8%.お知らせ • Feb 02Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city TaiwanReported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.56 (up from NT$1.33 in 3Q 2024). Revenue: NT$1.23b (up 12% from 3Q 2024). Net income: NT$223.6m (up 18% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.50 (down from NT$1.86 in 2Q 2024). Revenue: NT$1.36b (up 13% from 2Q 2024). Net income: NT$213.9m (down 20% from 2Q 2024). Profit margin: 16% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 35%. 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 10% per year, which means it is well ahead of earnings.New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).Upcoming Dividend • Jul 15Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 22 July 2025. Payment date: 19 August 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$134, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.Declared Dividend • Jun 26Dividend increased to NT$6.00Dividend of NT$6.00 is 50% higher than last year. Ex-date: 22nd July 2025 Payment date: 19th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 13New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Share price has been volatile over the past 3 months (9.8% average weekly change).お知らせ • Apr 30Flytech Technology Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Flytech Technology Co., Ltd. announced that they will report Q1, 2025 results on May 08, 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$101, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 56% over the past three years.お知らせ • Mar 12Flytech Technology Co., Ltd., Annual General Meeting, Jun 04, 2025Flytech Technology Co., Ltd., Annual General Meeting, Jun 04, 2025, at 09:00 Taipei Standard Time. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city TaiwanReported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$6.93 (vs NT$3.51 in FY 2023)Full year 2024 results: EPS: NT$6.93 (up from NT$3.51 in FY 2023). Revenue: NT$4.61b (up 32% from FY 2023). Net income: NT$991.8m (up 98% from FY 2023). Profit margin: 22% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Mar 01Flytech Technology Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Flytech Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$168, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 169% over the past three years.New Risk • Feb 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).分析記事 • Feb 10Earnings Not Telling The Story For Flytech Technology Co., Ltd. (TWSE:6206) After Shares Rise 36%Flytech Technology Co., Ltd. ( TWSE:6206 ) shares have continued their recent momentum with a 36% gain in the last...Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 72% over the past three years.お知らせ • Jan 10Flytech Technology Co., Ltd. Announces Changes in the Representative of Juristic Person DirectorFlytech Technology Co., Ltd. announced appointment of Lam I Chong, CEO of Berry AI Inc., as Representative of Juristic Person Director. Name of the previous position holder is Liu Tian Lai. Resume of the previous position holder: General Manager of MicroBase Technology Corporation. Effective date of the new appointment: January 17, 2025.分析記事 • Nov 15Flytech Technology's (TWSE:6206) Earnings Are Weaker Than They SeemInvestors were disappointed with Flytech Technology Co., Ltd.'s ( TWSE:6206 ) earnings, despite the strong profit...Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.33 (up from NT$0.89 in 3Q 2023). Revenue: NT$1.10b (up 37% from 3Q 2023). Net income: NT$189.8m (up 50% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Aug 08Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: EPS: NT$1.86 (up from NT$1.06 in 2Q 2023). Revenue: NT$1.21b (up 31% from 2Q 2023). Net income: NT$266.3m (up 76% from 2Q 2023). Profit margin: 22% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 07Now 24% overvaluedOver the last 90 days, the stock has fallen 8.8% to NT$81.70. The fair value is estimated to be NT$65.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years, while earnings per share has been flat.お知らせ • Jul 31Flytech Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Flytech Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024Upcoming Dividend • Jul 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 July 2024. Payment date: 16 August 2024. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Declared Dividend • Jun 27Dividend of NT$4.00 announcedShareholders will receive a dividend of NT$4.00. Ex-date: 23rd July 2024 Payment date: 16th August 2024 Dividend yield will be 4.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 5.6% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years.お知らせ • Jun 13Flytech Technology Co., Ltd. Announces Board ChangesFlytech Technology Co., Ltd. announced Title and name of the previous position holder of Independent directors is Chiu Yi Chia, Hsieh Han Chang, and Liang Wei Ming. Title and name of the new position holder includes Independent directors - Huang Tzu Ting, Liang Wei Ming, and Chen Kuo Hong. Effective date of the new appointment is June 12, 2024.New Risk • Jun 05New 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Cash payout ratio: 98% Minor Risk Large one-off items impacting financial results.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.56 (vs NT$0.37 in 1Q 2023)First quarter 2024 results: EPS: NT$1.56 (up from NT$0.37 in 1Q 2023). Revenue: NT$1.01b (up 32% from 1Q 2023). Net income: NT$223.7m (up 328% from 1Q 2023). Profit margin: 22% (up from 6.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Flytech Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Flytech Technology Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$3.51 (vs NT$7.29 in FY 2022)Full year 2023 results: EPS: NT$3.51 (down from NT$7.29 in FY 2022). Revenue: NT$3.49b (down 37% from FY 2022). Net income: NT$501.9m (down 52% from FY 2022). Profit margin: 14% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.お知らせ • Jan 20Flytech Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Flytech Technology Co., Ltd., Annual General Meeting, Jun 12, 2024. Location: Nangang Software Incubator, Bldg. E, 4F No. 19-11, SangChong Rd., Nangang Dist., Taipei, Taiwan Taipei China Agenda: To consider FY2023 business report; To consider FY2023 Audit Committee review report; To consider FY2023 rewards distribution report for employees bonus and directors compensation.New Risk • Nov 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 19% 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 (186% payout ratio). Profit margins are more than 30% lower than last year (12% net profit margin).お知らせ • Sep 23Flytech Technology Co., Ltd. Announces Management ChangesFlytech Technology Co., Ltd. announced change of Financial officer, accounting officer, corporate governance officer. Name, title, and resume of the previous position holder: Lee Mei Huei /VicePresident of Flytech Technology; Name, title, and resume of the new position holder: Wu Pi Tao /Finance Director of Flytech Technology. Effective date is September 22, 2023.Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.06 (down from NT$2.49 in 2Q 2022). Revenue: NT$921.2m (down 44% from 2Q 2022). Net income: NT$151.5m (down 57% from 2Q 2022). Profit margin: 16% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 12Upcoming dividend of NT$5.50 per share at 7.6% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$7.29 (vs NT$4.78 in FY 2021)Full year 2022 results: EPS: NT$7.29 (up from NT$4.78 in FY 2021). Revenue: NT$5.54b (up 6.9% from FY 2021). Net income: NT$1.04b (up 53% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 31Flytech Technology Co., Ltd. Announces Corporate Governance Officer ChangesFlytech Technology Co., Ltd. appointed Lee Mei Huei /Vice President of Flytech Technology in place of Wu Pi Tao /Finance Director of Flytech Technology, effective January 1, 2023.Board Change • Nov 16Less 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. 4 non-independent directors. Independent Director Yi Chia Chiu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 06Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.22 (up from NT$1.40 in 3Q 2021). Revenue: NT$1.41b (down 1.4% from 3Q 2021). Net income: NT$318.2m (up 59% from 3Q 2021). Profit margin: 23% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 05Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.49 (up from NT$1.05 in 2Q 2021). Revenue: NT$1.64b (up 40% from 2Q 2021). Net income: NT$356.3m (up 136% from 2Q 2021). Profit margin: 22% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Jul 13Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (5.0%).Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$93.40, the stock trades at a trailing P/E ratio of 15.3x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.Reported Earnings • May 08First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.92 (up from NT$0.60 in 1Q 2021). Revenue: NT$1.51b (up 66% from 1Q 2021). Net income: NT$275.2m (up 219% from 1Q 2021). Profit margin: 18% (up from 9.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 10%. 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 2% per year.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. 4 non-independent directors. Independent Director Yi Chia Chiu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.40 (vs NT$1.17 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$1.43b (up 19% from 3Q 2020). Net income: NT$200.1m (up 20% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). 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 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.17b (up 24% from 2Q 2020). Net income: NT$150.7m (up 37% from 2Q 2020). Profit margin: 13% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.Upcoming Dividend • Jul 15Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 27 August 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.9%).Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$0.60 (vs NT$1.43 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$915.0m (down 27% from 1Q 2020). Net income: NT$86.3m (down 58% from 1Q 2020). Profit margin: 9.4% (down from 16% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Price Target Changed • Apr 28Price target increased to NT$74.00Up from NT$67.00, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of NT$68.20. Stock is up 0.4% over the past year.分析記事 • Mar 30Read This Before Buying Flytech Technology Co., Ltd. (TPE:6206) For Its DividendDividend paying stocks like Flytech Technology Co., Ltd. ( TPE:6206 ) tend to be popular with investors, and for good...お知らせ • Mar 19+ 1 more updateFlytech Technology Co., Ltd. Replaces Liu Chiu Tsao with Shyu Jia Horng as the Spokesperson of the Company with Effect from March 18, 2021Flytech Technology Co., Ltd. replaced Liu Chiu Tsao with Shyu Jia Horng as the spokesperson of the company with effect from March 18, 2021.Reported Earnings • Mar 19Full year 2020 earnings released: EPS NT$4.12 (vs NT$5.15 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$4.43b (down 17% from FY 2019). Net income: NT$589.6m (down 20% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.分析記事 • Mar 09Has Flytech Technology Co., Ltd. (TPE:6206) Stock's Recent Performance Got Anything to Do With Its Financial Health?Flytech Technology's (TPE:6206) stock is up by 3.0% over the past month. As most would know, long-term fundamentals...お知らせ • Mar 03Flytech Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 18, 2021Flytech Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 18, 2021分析記事 • Feb 09Estimating The Fair Value Of Flytech Technology Co., Ltd. (TPE:6206)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Flytech Technology...分析記事 • Jan 25Should You Be Worried About Flytech Technology's (TPE:6206) Returns On Capital?What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...お知らせ • Jan 21Flytech Technology Co., Ltd., Annual General Meeting, Jun 08, 2021Flytech Technology Co., Ltd., Annual General Meeting, Jun 08, 2021. Location: 4F,Bldg.E,No 19-11,SangChong Rd.,Nangang Dist Taipei Taiwan Agenda: To consider earnings results for the fiscal year 2020 and Audit committee audit report thereon; to consider fiscal year employees' profit sharing bonus and directors' compensation report; to consider election of board of directors; and to consider any other matter thereof.Is New 90 Day High Low • Jan 21New 90-day low: NT$59.90The company is down 2.0% from its price of NT$61.30 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.分析記事 • Jan 08A Look At Flytech Technology's(TPE:6206) Total Shareholder ReturnsIdeally, your overall portfolio should beat the market average. But every investor is virtually certain to have both...Is New 90 Day High Low • Jan 04New 90-day high: NT$63.40The company is up 3.0% from its price of NT$61.30 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.分析記事 • Dec 23Factors Income Investors Should Consider Before Adding Flytech Technology Co., Ltd. (TPE:6206) To Their PortfolioIs Flytech Technology Co., Ltd. ( TPE:6206 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Dec 08Is Flytech Technology Co., Ltd.'s (TPE:6206) Recent Stock Performance Influenced By Its Financials In Any Way?Flytech Technology's (TPE:6206) stock is up by 3.5% over the past month. As most would know, long-term fundamentals...分析記事 • Nov 23Should You Use Flytech Technology's (TPE:6206) Statutory Earnings To Analyse It?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...Analyst Estimate Surprise Post Earnings • Nov 06Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS NT$1.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$1.20b (down 2.5% from 3Q 2019). Net income: NT$167.4m (up 4.9% from 3Q 2019). Profit margin: 14% (up from 13% in 3Q 2019). 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 whereas the company’s share price has fallen by 11% per year.Is New 90 Day High Low • Oct 22New 90-day low: NT$60.40The company is down 9.0% from its price of NT$66.40 on 24 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.株主還元6206TW ElectronicTW 市場7D-5.4%-5.3%-3.5%1Y13.4%169.2%83.0%株主還元を見る業界別リターン: 6206過去 1 年間で169.2 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 6206は、過去 1 年間で83 % のリターンを上げたTW市場を下回りました。価格変動Is 6206's price volatile compared to industry and market?6206 volatility6206 Average Weekly Movement6.3%Electronic Industry Average Movement8.4%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 6206 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 6206の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1984n/aJia Horng Shyuwww.flytech.comFlytech Technology Co., Ltd.は、台湾、ヨーロッパ、アフリカ、米国、アジア、および国際的なコンピュータおよび周辺機器の設計、製造、売買、販売を行っています。オールインワンPOS、パネルPC、モバイルPOS、KIOSK、タブレット、ボックスPCを提供。また、ソフトウェアとデータ処理サービス、ソフトウェアとハードウェアの統合サービスも提供している。ホスピタリティ、小売、医療、産業オートメーション、商業などの業界にサービスを提供している。フライテック・テクノロジーは1984年に設立され、本社は台湾の台北市にある。もっと見るFlytech Technology Co., Ltd. 基礎のまとめFlytech Technology の収益と売上を時価総額と比較するとどうか。6206 基礎統計学時価総額NT$18.74b収益（TTM）NT$1.02b売上高(TTM)NT$5.18b18.4xPER（株価収益率3.6xP/Sレシオ6206 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6206 損益計算書（TTM）収益NT$5.18b売上原価NT$2.88b売上総利益NT$2.30bその他の費用NT$1.28b収益NT$1.02b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）7.13グロス・マージン44.44%純利益率19.69%有利子負債／自己資本比率0%6206 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4.2%現在の配当利回り79%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2026/05/20 04:58終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Flytech Technology Co., Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Zhaoxiang YenCapital Securities CorporationHanhsuan ShenKGI Securities Co. Ltd.Yuhan ChengMasterlink Securities Investment Advisory3 その他のアナリストを表示
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$138, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$199 per share.
Reported Earnings • May 09First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00. Revenue: NT$1.51b (up 11% from 1Q 2025). Net income: NT$359.0m (up 10% from 1Q 2025). Profit margin: 24% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$6.90 (vs NT$6.93 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$6.93 in FY 2024). Revenue: NT$5.03b (up 9.3% from FY 2024). Net income: NT$986.5m (flat on FY 2024). Profit margin: 20% (down from 22% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
Buy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$92.20. The fair value is estimated to be NT$75.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.8%.
お知らせ • Feb 02Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan
Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.56 (up from NT$1.33 in 3Q 2024). Revenue: NT$1.23b (up 12% from 3Q 2024). Net income: NT$223.6m (up 18% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$138, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$199 per share.
Reported Earnings • May 09First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: NT$2.00. Revenue: NT$1.51b (up 11% from 1Q 2025). Net income: NT$359.0m (up 10% from 1Q 2025). Profit margin: 24% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.6%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$6.90 (vs NT$6.93 in FY 2024)Full year 2025 results: EPS: NT$6.90 (down from NT$6.93 in FY 2024). Revenue: NT$5.03b (up 9.3% from FY 2024). Net income: NT$986.5m (flat on FY 2024). Profit margin: 20% (down from 22% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
Buy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$92.20. The fair value is estimated to be NT$75.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.8%.
お知らせ • Feb 02Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026Flytech Technology Co., Ltd., Annual General Meeting, May 27, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan
Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.56 (up from NT$1.33 in 3Q 2024). Revenue: NT$1.23b (up 12% from 3Q 2024). Net income: NT$223.6m (up 18% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$1.50 (down from NT$1.86 in 2Q 2024). Revenue: NT$1.36b (up 13% from 2Q 2024). Net income: NT$213.9m (down 20% from 2Q 2024). Profit margin: 16% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 35%. 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 10% per year, which means it is well ahead of earnings.
New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).
Upcoming Dividend • Jul 15Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 22 July 2025. Payment date: 19 August 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$134, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.
Declared Dividend • Jun 26Dividend increased to NT$6.00Dividend of NT$6.00 is 50% higher than last year. Ex-date: 22nd July 2025 Payment date: 19th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 13New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Share price has been volatile over the past 3 months (9.8% average weekly change).
お知らせ • Apr 30Flytech Technology Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Flytech Technology Co., Ltd. announced that they will report Q1, 2025 results on May 08, 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$101, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 56% over the past three years.
お知らせ • Mar 12Flytech Technology Co., Ltd., Annual General Meeting, Jun 04, 2025Flytech Technology Co., Ltd., Annual General Meeting, Jun 04, 2025, at 09:00 Taipei Standard Time. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan
Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$6.93 (vs NT$3.51 in FY 2023)Full year 2024 results: EPS: NT$6.93 (up from NT$3.51 in FY 2023). Revenue: NT$4.61b (up 32% from FY 2023). Net income: NT$991.8m (up 98% from FY 2023). Profit margin: 22% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Mar 01Flytech Technology Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Flytech Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$168, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 169% over the past three years.
New Risk • Feb 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change).
分析記事 • Feb 10Earnings Not Telling The Story For Flytech Technology Co., Ltd. (TWSE:6206) After Shares Rise 36%Flytech Technology Co., Ltd. ( TWSE:6206 ) shares have continued their recent momentum with a 36% gain in the last...
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 72% over the past three years.
お知らせ • Jan 10Flytech Technology Co., Ltd. Announces Changes in the Representative of Juristic Person DirectorFlytech Technology Co., Ltd. announced appointment of Lam I Chong, CEO of Berry AI Inc., as Representative of Juristic Person Director. Name of the previous position holder is Liu Tian Lai. Resume of the previous position holder: General Manager of MicroBase Technology Corporation. Effective date of the new appointment: January 17, 2025.
分析記事 • Nov 15Flytech Technology's (TWSE:6206) Earnings Are Weaker Than They SeemInvestors were disappointed with Flytech Technology Co., Ltd.'s ( TWSE:6206 ) earnings, despite the strong profit...
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.33 (up from NT$0.89 in 3Q 2023). Revenue: NT$1.10b (up 37% from 3Q 2023). Net income: NT$189.8m (up 50% from 3Q 2023). Profit margin: 17% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 08Second quarter 2024 earnings: EPS in line with expectations, revenues disappointSecond quarter 2024 results: EPS: NT$1.86 (up from NT$1.06 in 2Q 2023). Revenue: NT$1.21b (up 31% from 2Q 2023). Net income: NT$266.3m (up 76% from 2Q 2023). Profit margin: 22% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 07Now 24% overvaluedOver the last 90 days, the stock has fallen 8.8% to NT$81.70. The fair value is estimated to be NT$65.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years, while earnings per share has been flat.
お知らせ • Jul 31Flytech Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Flytech Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
Upcoming Dividend • Jul 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 July 2024. Payment date: 16 August 2024. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Declared Dividend • Jun 27Dividend of NT$4.00 announcedShareholders will receive a dividend of NT$4.00. Ex-date: 23rd July 2024 Payment date: 16th August 2024 Dividend yield will be 4.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 5.6% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years.
お知らせ • Jun 13Flytech Technology Co., Ltd. Announces Board ChangesFlytech Technology Co., Ltd. announced Title and name of the previous position holder of Independent directors is Chiu Yi Chia, Hsieh Han Chang, and Liang Wei Ming. Title and name of the new position holder includes Independent directors - Huang Tzu Ting, Liang Wei Ming, and Chen Kuo Hong. Effective date of the new appointment is June 12, 2024.
New Risk • Jun 05New 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 114% Cash payout ratio: 98% Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.56 (vs NT$0.37 in 1Q 2023)First quarter 2024 results: EPS: NT$1.56 (up from NT$0.37 in 1Q 2023). Revenue: NT$1.01b (up 32% from 1Q 2023). Net income: NT$223.7m (up 328% from 1Q 2023). Profit margin: 22% (up from 6.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Flytech Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Flytech Technology Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$3.51 (vs NT$7.29 in FY 2022)Full year 2023 results: EPS: NT$3.51 (down from NT$7.29 in FY 2022). Revenue: NT$3.49b (down 37% from FY 2022). Net income: NT$501.9m (down 52% from FY 2022). Profit margin: 14% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Jan 20Flytech Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Flytech Technology Co., Ltd., Annual General Meeting, Jun 12, 2024. Location: Nangang Software Incubator, Bldg. E, 4F No. 19-11, SangChong Rd., Nangang Dist., Taipei, Taiwan Taipei China Agenda: To consider FY2023 business report; To consider FY2023 Audit Committee review report; To consider FY2023 rewards distribution report for employees bonus and directors compensation.
New Risk • Nov 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 19% 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 (186% payout ratio). Profit margins are more than 30% lower than last year (12% net profit margin).
お知らせ • Sep 23Flytech Technology Co., Ltd. Announces Management ChangesFlytech Technology Co., Ltd. announced change of Financial officer, accounting officer, corporate governance officer. Name, title, and resume of the previous position holder: Lee Mei Huei /VicePresident of Flytech Technology; Name, title, and resume of the new position holder: Wu Pi Tao /Finance Director of Flytech Technology. Effective date is September 22, 2023.
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.06 (down from NT$2.49 in 2Q 2022). Revenue: NT$921.2m (down 44% from 2Q 2022). Net income: NT$151.5m (down 57% from 2Q 2022). Profit margin: 16% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 12Upcoming dividend of NT$5.50 per share at 7.6% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$7.29 (vs NT$4.78 in FY 2021)Full year 2022 results: EPS: NT$7.29 (up from NT$4.78 in FY 2021). Revenue: NT$5.54b (up 6.9% from FY 2021). Net income: NT$1.04b (up 53% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 31Flytech Technology Co., Ltd. Announces Corporate Governance Officer ChangesFlytech Technology Co., Ltd. appointed Lee Mei Huei /Vice President of Flytech Technology in place of Wu Pi Tao /Finance Director of Flytech Technology, effective January 1, 2023.
Board Change • Nov 16Less 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. 4 non-independent directors. Independent Director Yi Chia Chiu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.22 (up from NT$1.40 in 3Q 2021). Revenue: NT$1.41b (down 1.4% from 3Q 2021). Net income: NT$318.2m (up 59% from 3Q 2021). Profit margin: 23% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 05Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.49 (up from NT$1.05 in 2Q 2021). Revenue: NT$1.64b (up 40% from 2Q 2021). Net income: NT$356.3m (up 136% from 2Q 2021). Profit margin: 22% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Jul 13Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (5.0%).
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$93.40, the stock trades at a trailing P/E ratio of 15.3x. Average forward P/E is 10x in the Electronic industry in Taiwan. Total returns to shareholders of 38% over the past three years.
Reported Earnings • May 08First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.92 (up from NT$0.60 in 1Q 2021). Revenue: NT$1.51b (up 66% from 1Q 2021). Net income: NT$275.2m (up 219% from 1Q 2021). Profit margin: 18% (up from 9.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 10%. 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 2% per year.
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. 4 non-independent directors. Independent Director Yi Chia Chiu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.40 (vs NT$1.17 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$1.43b (up 19% from 3Q 2020). Net income: NT$200.1m (up 20% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). 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 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.17b (up 24% from 2Q 2020). Net income: NT$150.7m (up 37% from 2Q 2020). Profit margin: 13% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Upcoming Dividend • Jul 15Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 27 August 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.9%).
Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$0.60 (vs NT$1.43 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$915.0m (down 27% from 1Q 2020). Net income: NT$86.3m (down 58% from 1Q 2020). Profit margin: 9.4% (down from 16% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Price Target Changed • Apr 28Price target increased to NT$74.00Up from NT$67.00, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of NT$68.20. Stock is up 0.4% over the past year.
分析記事 • Mar 30Read This Before Buying Flytech Technology Co., Ltd. (TPE:6206) For Its DividendDividend paying stocks like Flytech Technology Co., Ltd. ( TPE:6206 ) tend to be popular with investors, and for good...
お知らせ • Mar 19+ 1 more updateFlytech Technology Co., Ltd. Replaces Liu Chiu Tsao with Shyu Jia Horng as the Spokesperson of the Company with Effect from March 18, 2021Flytech Technology Co., Ltd. replaced Liu Chiu Tsao with Shyu Jia Horng as the spokesperson of the company with effect from March 18, 2021.
Reported Earnings • Mar 19Full year 2020 earnings released: EPS NT$4.12 (vs NT$5.15 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$4.43b (down 17% from FY 2019). Net income: NT$589.6m (down 20% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.
分析記事 • Mar 09Has Flytech Technology Co., Ltd. (TPE:6206) Stock's Recent Performance Got Anything to Do With Its Financial Health?Flytech Technology's (TPE:6206) stock is up by 3.0% over the past month. As most would know, long-term fundamentals...
お知らせ • Mar 03Flytech Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 18, 2021Flytech Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 18, 2021
分析記事 • Feb 09Estimating The Fair Value Of Flytech Technology Co., Ltd. (TPE:6206)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Flytech Technology...
分析記事 • Jan 25Should You Be Worried About Flytech Technology's (TPE:6206) Returns On Capital?What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...
お知らせ • Jan 21Flytech Technology Co., Ltd., Annual General Meeting, Jun 08, 2021Flytech Technology Co., Ltd., Annual General Meeting, Jun 08, 2021. Location: 4F,Bldg.E,No 19-11,SangChong Rd.,Nangang Dist Taipei Taiwan Agenda: To consider earnings results for the fiscal year 2020 and Audit committee audit report thereon; to consider fiscal year employees' profit sharing bonus and directors' compensation report; to consider election of board of directors; and to consider any other matter thereof.
Is New 90 Day High Low • Jan 21New 90-day low: NT$59.90The company is down 2.0% from its price of NT$61.30 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
分析記事 • Jan 08A Look At Flytech Technology's(TPE:6206) Total Shareholder ReturnsIdeally, your overall portfolio should beat the market average. But every investor is virtually certain to have both...
Is New 90 Day High Low • Jan 04New 90-day high: NT$63.40The company is up 3.0% from its price of NT$61.30 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
分析記事 • Dec 23Factors Income Investors Should Consider Before Adding Flytech Technology Co., Ltd. (TPE:6206) To Their PortfolioIs Flytech Technology Co., Ltd. ( TPE:6206 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Dec 08Is Flytech Technology Co., Ltd.'s (TPE:6206) Recent Stock Performance Influenced By Its Financials In Any Way?Flytech Technology's (TPE:6206) stock is up by 3.5% over the past month. As most would know, long-term fundamentals...
分析記事 • Nov 23Should You Use Flytech Technology's (TPE:6206) Statutory Earnings To Analyse It?As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Analyst Estimate Surprise Post Earnings • Nov 06Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS NT$1.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$1.20b (down 2.5% from 3Q 2019). Net income: NT$167.4m (up 4.9% from 3Q 2019). Profit margin: 14% (up from 13% in 3Q 2019). 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 whereas the company’s share price has fallen by 11% per year.
Is New 90 Day High Low • Oct 22New 90-day low: NT$60.40The company is down 9.0% from its price of NT$66.40 on 24 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.
