View Future GrowthEnnoconn 過去の業績過去 基準チェック /36Ennoconnは、平均年間24.3%の収益成長を遂げていますが、 Tech業界の収益は、年間 成長しています。収益は、平均年間4.2% 12.9%収益成長率で 成長しています。 Ennoconnの自己資本利益率は13.1%であり、純利益率は2.2%です。主要情報24.27%収益成長率16.91%EPS成長率Tech 業界の成長14.00%収益成長率12.91%株主資本利益率13.08%ネット・マージン2.21%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$23.26 (up from NT$19.24 in FY 2024). Revenue: NT$142.3b (down 2.8% from FY 2024). Net income: NT$3.14b (up 19% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 17Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$6.91 (up from NT$5.03 in 3Q 2024). Revenue: NT$33.6b (down 11% from 3Q 2024). Net income: NT$950.7m (up 38% from 3Q 2024). Profit margin: 2.8% (up from 1.8% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$6.02 (up from NT$4.64 in 1Q 2024). Revenue: NT$34.5b (up 5.3% from 1Q 2024). Net income: NT$827.3m (up 32% from 1Q 2024). Profit margin: 2.4% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Ennoconn Corporation to Report Q1, 2025 Results on May 13, 2025Ennoconn Corporation announced that they will report Q1, 2025 results on May 13, 2025すべての更新を表示Recent updatesNew Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$23.26 (up from NT$19.24 in FY 2024). Revenue: NT$142.3b (down 2.8% from FY 2024). Net income: NT$3.14b (up 19% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30Ennoconn Corporation, Annual General Meeting, May 29, 2026Ennoconn Corporation, Annual General Meeting, May 29, 2026. Location: 4 floor no,10, chien k`ang rd., jhonghe district, new taipei city TaiwanNew Risk • Dec 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 44% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Nov 17Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$6.91 (up from NT$5.03 in 3Q 2024). Revenue: NT$33.6b (down 11% from 3Q 2024). Net income: NT$950.7m (up 38% from 3Q 2024). Profit margin: 2.8% (up from 1.8% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 20Upcoming dividend of NT$12.20 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.7%).お知らせ • Jun 03Ennoconn Corporation Approves Cash Dividend, Payable on July 25, 2025Ennoconn Corporation Approved common stock dividend distribution to common share holders of TWD 1,677,984,584 (TWD 12.20 per share). Ex-rights (ex-dividend) trading date: June 27, 2025, Last date before book closure: June 30, 2025, Book closure starting date: July 1, 2025, Book closure ending date: July 5, 2025, Ex-rights (ex-dividend) record date: July 5, 2025, Payment date of common stock cash dividend distribution: July 25, 2025.Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$6.02 (up from NT$4.64 in 1Q 2024). Revenue: NT$34.5b (up 5.3% from 1Q 2024). Net income: NT$827.3m (up 32% from 1Q 2024). Profit margin: 2.4% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Ennoconn Corporation to Report Q1, 2025 Results on May 13, 2025Ennoconn Corporation announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$241, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$366 per share.分析記事 • Apr 01Earnings Beat: Ennoconn Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsEnnoconn Corporation ( TWSE:6414 ) shareholders are probably feeling a little disappointed, since its shares fell 4.2...Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$19.24 (up from NT$18.32 in FY 2023). Revenue: NT$146.4b (up 20% from FY 2023). Net income: NT$2.63b (up 21% from FY 2023). Profit margin: 1.8% (in line with FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in Taiwan. 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 13% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 19Ennoconn Corporation to Report Fiscal Year 2024 Results on Mar 28, 2025Ennoconn Corporation announced that they will report fiscal year 2024 results on Mar 28, 2025分析記事 • Mar 11A Look At The Fair Value Of Ennoconn Corporation (TWSE:6414)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ennoconn fair value estimate is NT$349 Ennoconn's NT$299 share...お知らせ • Jan 16Ennoconn Corporation, Annual General Meeting, May 29, 2025Ennoconn Corporation, Annual General Meeting, May 29, 2025. Location: 4 floor no,10, chien k`ang rd., jhonghe district, new taipei city TaiwanBuy Or Sell Opportunity • Jan 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to NT$281. The fair value is estimated to be NT$360, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.分析記事 • Nov 21Ennoconn's (TWSE:6414) Solid Profits Have Weak FundamentalsEnnoconn Corporation ( TWSE:6414 ) announced strong profits, but the stock was stagnant. We did some digging, and we...Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$5.03 (down from NT$5.97 in 3Q 2023). Revenue: NT$37.7b (up 26% from 3Q 2023). Net income: NT$690.7m (down 8.7% from 3Q 2023). Profit margin: 1.8% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 02Ennoconn Corporation to Report Q3, 2024 Results on Nov 13, 2024Ennoconn Corporation announced that they will report Q3, 2024 results on Nov 13, 2024分析記事 • Oct 30Should You Think About Buying Ennoconn Corporation (TWSE:6414) Now?Ennoconn Corporation ( TWSE:6414 ), is not the largest company out there, but it received a lot of attention from a...分析記事 • Oct 16Is Ennoconn (TWSE:6414) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Sep 05Ennoconn Corporation's (TWSE:6414) Price Is Right But Growth Is LackingEnnoconn Corporation's ( TWSE:6414 ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing...Buy Or Sell Opportunity • Sep 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$280. The fair value is estimated to be NT$354, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.Reported Earnings • Aug 19Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$3.70 (down from NT$4.67 in 2Q 2023). Revenue: NT$36.3b (up 25% from 2Q 2023). Net income: NT$502.6m (down 4.6% from 2Q 2023). Profit margin: 1.4% (down from 1.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 38%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Aug 02Ennoconn Corporation to Report Q2, 2024 Results on Aug 13, 2024Ennoconn Corporation announced that they will report Q2, 2024 results on Aug 13, 2024Upcoming Dividend • Jul 24Upcoming dividend of NT$11.35 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 62% and the cash payout ratio is 80%. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (3.0%).分析記事 • Jul 23Return Trends At Ennoconn (TWSE:6414) Aren't AppealingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Declared Dividend • Jul 03Dividend reduced to NT$11.41Dividend of NT$11.41 is 10% lower than last year. Ex-date: 31st July 2024 Payment date: 28th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02Ennoconn Corporation Approves Common Stock Cash Dividend, Payable on August 28, 2024Ennoconn Corporation approved common stock cash dividends to common share holders of TWD 1,559,072,498 (TWD 11.41 per share). Ex-rights (ex-dividend) trading date: July 31, 2024. Ex-rights (ex-dividend) record date: August 6, 2024. Payment date of common stock cash dividend distribution: August 28, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: July 1, 2024.Reported Earnings • May 18First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$4.67 (up from NT$4.64 in 1Q 2023). Revenue: NT$32.7b (up 15% from 1Q 2023). Net income: NT$627.4m (up 28% from 1Q 2023). Profit margin: 1.9% (up from 1.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • May 01Ennoconn Corporation to Report Q1, 2024 Results on May 09, 2024Ennoconn Corporation announced that they will report Q1, 2024 results on May 09, 2024分析記事 • Apr 29Is It Too Late To Consider Buying Ennoconn Corporation (TWSE:6414)?Ennoconn Corporation ( TWSE:6414 ), is not the largest company out there, but it saw a significant share price rise of...分析記事 • Apr 08There May Be Underlying Issues With The Quality Of Ennoconn's (TWSE:6414) EarningsDespite announcing strong earnings, Ennoconn Corporation's ( TWSE:6414 ) stock was sluggish. Our analysis uncovered...分析記事 • Apr 03Ennoconn Corporation (TWSE:6414) Just Reported And Analysts Have Been Lifting Their Price TargetsAs you might know, Ennoconn Corporation ( TWSE:6414 ) recently reported its annual numbers. It was a credible result...Reported Earnings • Apr 02Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: NT$19.01 (up from NT$41.28 loss in FY 2022). Revenue: NT$121.6b (up 12% from FY 2022). Net income: NT$2.18b (up NT$6.55b from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.分析記事 • Mar 21Revenues Working Against Ennoconn Corporation's (TWSE:6414) Share PriceWhen you see that almost half of the companies in the Tech industry in Taiwan have price-to-sales ratios (or "P/S...お知らせ • Mar 08Ennoconn Corporation, Annual General Meeting, May 31, 2024Ennoconn Corporation, Annual General Meeting, May 31, 2024. Location: Ennoconn's meeting room 4F., No. 10, Jiankang Rd., Zhonghe Dist., New Taipei City New Tapei City Taiwan Agenda: To approve Report on the 5th domestic unsecured conversion bond issuance in 2023 Other announcements will be made after the resolution of the BOD of the company on March 29, 2024; to approve Amendment to the Company's Article of Incorporation Other announcements will be made after the resolution of the BOD of the company on March 29, 2024; and to discuss other matters.Reported Earnings • Nov 17Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$5.97. Revenue: NT$30.0b (down 6.8% from 3Q 2022). Net income: NT$756.2m (up 16% from 3Q 2022). Profit margin: 2.5% (up from 2.0% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan.Buying Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$316, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$332, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Jul 27Upcoming dividend of NT$12.74 per share at 5.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 28 August 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).お知らせ • Jul 07+ 1 more updateEnnoconn Corporation announced that it expects to receive TWD 3 billion in fundingEnnoconn Corporation announced a private placement to issue 5th domestic unsecured convertible bonds for the gross proceeds of TWD 3,000 million on July 6, 2023. The transaction has been approved by the shareholders of the company and will mature 3 years from the date of issuance. The securities are issued at par.お知らせ • May 31Ennoconn Corporation Approves the Election of Huang-Hsu Tu as Independent Director and Members of the Audit CommitteeEnnoconn Corporation approved the election of Huang-Hsu Tu, General Manager of Pan German Universal Motors, Inc, as Independent director and members of the Audit Committee at 2023 Annual General Shareholders' Meeting held on May 30, 2023. Effective date of the new appointment is May 30, 2023.お知らせ • May 23Ennoconn Corporation, Annual General Meeting, May 22, 2023Ennoconn Corporation, Annual General Meeting, May 22, 2023. Agenda: To consider and approve the Profit distribution for 2022; to recognize the 2022 financial report; to re-elected Bernhard Chwatal as an independent member of the Supervisory Board; and any other matters that need to be specified.Price Target Changed • May 17Price target increased by 9.4% to NT$274Up from NT$250, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of NT$285. Stock is up 36% over the past year. The company is forecast to post earnings per share of NT$22.95 next year compared to a net loss per share of NT$41.28 last year.Major Estimate Revision • Apr 08Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$22.74 to NT$18.46 per share. Revenue forecast steady at NT$125.5b. Net income forecast to grow 6.0% next year vs 1.4% decline forecast for Tech industry in Taiwan. Consensus price target broadly unchanged at NT$249. Share price was steady at NT$261 over the past week.Buying Opportunity • Mar 10Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.Buying Opportunity • Feb 22Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.お知らせ • Jan 12Ennoconn Corporation Announces the Change of Chief Internal AuditorEnnoconn Corporation board of directors appointed Ms. Chrissy Wei, Manager /The ex-chief internal auditor of GOLDTek in pace of Mr. Nicolas Lu as chief internal auditor, effective date is January 11, 2023.Major Estimate Revision • Nov 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from NT$113.9b to NT$116.9b. EPS estimate fell from NT$19.51 to NT$17.55 per share. Net income forecast to grow 30% next year vs 5.8% decline forecast for Tech industry in Taiwan. Consensus price target down from NT$276 to NT$241. Share price was steady at NT$201 over the past week.Price Target Changed • Nov 16Price target decreased to NT$248Down from NT$276, the current price target is an average from 8 analysts. New target price is 24% above last closing price of NT$200. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of NT$18.43 for next year compared to NT$13.91 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Davis Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$6.15 (up from NT$3.78 in 3Q 2021). Revenue: NT$32.2b (up 37% from 3Q 2021). Net income: NT$652.2m (up 79% from 3Q 2021). Profit margin: 2.0% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$15.56 to NT$19.51. Revenue forecast steady at NT$113.9b. Net income forecast to grow 35% next year vs 3.5% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$263 to NT$281. Share price fell 5.2% to NT$230 over the past week.Reported Earnings • Aug 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: NT$4.16 (up from NT$3.14 in 2Q 2021). Revenue: NT$26.8b (up 18% from 2Q 2021). Net income: NT$441.3m (up 46% from 2Q 2021). Profit margin: 1.6% (up from 1.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 13%, compared to a 3.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.お知らせ • Aug 12+ 1 more updateEnnoconn Corporation Announces Management Changes, Effective August 22, 2022Ennoconn Corporation appointed Mr. Philip Chou /Management Department manager as corporate governance officer in place of Wu, You-Mei /CFO, effective August 22, 2022.Buying Opportunity • Aug 12Now 22% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be NT$296, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 5.3%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.Upcoming Dividend • Jul 22Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (7.3%).お知らせ • Jul 02+ 1 more updateEnnoconn Corporation Announces Cash Dividend from Capital Reserve, Payable on August 25, 2022Ennoconn Corporation announced Cash issued to common share holders from capital reserve TWD 424,148,076 (TWD 4 per share). Ex-rights (ex-dividend) trading date is July 29, 2022. Ex-rights (ex-dividend) record date is August 6, 2022. The cash dividend will be payable on August 25, 2022.Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$2.97 (up from NT$2.06 in 1Q 2021). Revenue: NT$24.3b (up 20% from 1Q 2021). Net income: NT$313.8m (up 60% from 1Q 2021). Profit margin: 1.3% (up from 1.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%. Over the next year, revenue is forecast to grow 16%, compared to a 5.4% growth forecast for the industry in Taiwan. 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 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 Davis Wang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$13.91 (up from NT$12.13 in FY 2020). Revenue: NT$96.6b (up 15% from FY 2020). Net income: NT$1.33b (up 20% from FY 2020). Profit margin: 1.4% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 19%, compared to a 8.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 10Ennoconn Corporation Launches into the Industrial MetaverseEnnoconn Corporation launched into the Industrial Metaverse with an equally impressive contemporary company logo, branding, and all-encompassing content-rich website. Ennoconn’s redesigned website focuses on the digital transformation of cloud-based services and solutions, bundled with traditional DMS and SI solutions branded as Digitalization as a Service (DaaS). The comprehensive website brings this commitment and journey through the Industrial Metaverse to life. The site and all its energy, expertly crafted and designed by Reno, NV-based, Sliice Marketing, is for clients and partners ready to engage, transform, and revolutionize their go-to-market AIoT/AI/Cloud initiatives and business strategies. Right down to the logo, which symbolizes Ennoconn’s global partnerships and a commitment to extensive cloud services integration. The renovated branding and messaging accentuate Ennoconn’s position as the world leader within the DMS, SI, and emerging digital transformation services. New and existing partners and customers can immediately benefit from this site, actualizing their business transformation as they engage deeper and broader with Ennoconn’s Digitalization as a Service (DaaS) and total transformation methodology.お知らせ • Jan 06Ennoconn Corporation announced that it expects to receive TWD 1.1073696 billion in funding from Google International LLCEnnoconn Corporation announced a private placement of 4,880,000 common shares at an issue price of TWD 226.92 per share for gross proceeds of TWD 1,107,369,600 on January 4, 2022. The transaction will include participation from Google International LLC. The transaction has been approved by the board of directors of the company. The transaction is expected to close in between January 5, 2022 and January 11, 2022. The shares are subject to a hold period of three years.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$276, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Tech industry in Taiwan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$405 per share.お知らせ • Jan 01Ennoconn Corporation announced that it has received TWD 975 million in fundingOn December 30, 2021, Ennoconn Corporation closed the transaction. The company issued 5,000,000 shares at a TWD 195 for gross proceeds of TWD 975,000,000 in the transaction.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$244, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Tech industry in Taiwan. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$407 per share.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$3.78 (vs NT$3.01 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$23.4b (up 11% from 3Q 2020). Net income: NT$363.5m (up 32% from 3Q 2020). Profit margin: 1.6% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.Upcoming Dividend • Sep 27Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 04 October 2021. Payment date: 29 October 2021. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (5.2%).お知らせ • Aug 24Ennoconn Corporation announced that it has received TWD 1.5 billion in funding from VIA Labs, Inc., MediaTek Capital Co., VIA Technologies, Inc. and another investorOn August 23, 2021, Ennoconn Corporation closed the transaction. The transaction included participation from PHI Capital, VIA Labs, Inc., MediaTek Capital Co., VIA Technologies, Inc. The bonds will be convertible Shares at TWD 220.7, possible dilution of equity is around 6.56%.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$3.13 (vs NT$3.30 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: NT$22.8b (up 23% from 2Q 2020). Net income: NT$301.5m (flat on 2Q 2020). Profit margin: 1.3% (down from 1.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.Price Target Changed • May 23Price target decreased to NT$268Down from NT$299, the current price target is an average from 6 analysts. New target price is 41% above last closing price of NT$190. Stock is up 13% over the past year.Price Target Changed • May 18Price target decreased to NT$274Down from NT$299, the current price target is an average from 6 analysts. New target price is 42% above last closing price of NT$193. Stock is up 13% over the past year.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.06 (vs NT$2.04 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$20.2b (up 13% from 1Q 2020). Net income: NT$196.6m (up 5.7% from 1Q 2020). Profit margin: 1.0% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.分析記事 • Apr 30Read This Before Buying Ennoconn Corporation (TPE:6414) For Its DividendToday we'll take a closer look at Ennoconn Corporation ( TPE:6414 ) from a dividend investor's perspective. Owning a...分析記事 • Mar 31Why Ennoconn Corporation (TPE:6414) Could Be Worth WatchingEnnoconn Corporation ( TPE:6414 ), is not the largest company out there, but it received a lot of attention from a...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$12.13 (vs NT$12.03 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$84.1b (up 3.2% from FY 2019). Net income: NT$1.11b (up 2.9% from FY 2019). Profit margin: 1.3% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.分析記事 • Mar 17Ennoconn (TPE:6414) Seems To Use Debt Quite SensiblyDavid 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 • Mar 08New 90-day low: NT$234The company is down 6.0% from its price of NT$249 on 08 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$466 per share.分析記事 • Mar 02Ennoconn Corporation's (TPE:6414) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?Ennoconn's (TPE:6414) stock up by 4.6% over the past three months. As most would know, long-term fundamentals have a...分析記事 • Feb 16An Intrinsic Calculation For Ennoconn Corporation (TPE:6414) Suggests It's 47% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Ennoconn Corporation...分析記事 • Feb 02A Look At Ennoconn's (TPE:6414) Share Price ReturnsWhile it may not be enough for some shareholders, we think it is good to see the Ennoconn Corporation ( TPE:6414...Is New 90 Day High Low • Jan 14New 90-day high: NT$274The company is up 16% from its price of NT$236 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$326 per share.分析記事 • Jan 06What Type Of Shareholders Own The Most Number of Ennoconn Corporation (TPE:6414) Shares?The big shareholder groups in Ennoconn Corporation ( TPE:6414 ) have power over the company. Institutions often own...分析記事 • Dec 23Should You Be Impressed By Ennoconn's (TPE:6414) Returns on Capital?There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...分析記事 • Dec 11Does Ennoconn (TPE:6414) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Nov 30Should Weakness in Ennoconn Corporation's (TPE:6414) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?It is hard to get excited after looking at Ennoconn's (TPE:6414) recent performance, when its stock has declined 14...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$3.01The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$21.1b (up 2.4% from 3Q 2019). Net income: NT$276.0m (down 22% from 3Q 2019). Profit margin: 1.3% (down from 1.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 8.6%, compared to a 6.3% growth forecast for the Tech industry in Taiwan.Is New 90 Day High Low • Nov 02New 90-day low: NT$221The company is down 7.0% from its price of NT$236 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$205 per share.Is New 90 Day High Low • Sep 24New 90-day low: NT$224The company is down 6.0% from its price of NT$237 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$205 per share.収支内訳Ennoconn の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:6414 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Dec 25142,2903,14312,66910,83930 Sep 25142,4103,15412,49012,37230 Jun 25146,5042,89412,65212,15431 Mar 25148,1332,83111,80412,06531 Dec 24146,3842,63112,00310,19930 Sep 24140,9762,22411,45510,97730 Jun 24133,2262,29010,63310,53631 Mar 24125,8672,31410,2769,50231 Dec 23121,6412,1799,2709,12330 Sep 23120,640-3,7419,2418,99830 Jun 23119,849-3,9389,2568,40931 Mar 23115,047-4,1408,7948,16631 Dec 22108,229-4,3698,5527,97630 Sep 2293,9611,0467,1416,43230 Jun 2288,2038436,7926,81531 Mar 2286,8498027,1657,10931 Dec 2185,3677307,2337,39730 Sep 2192,9421,1798,3588,70130 Jun 2190,6611,0998,4628,10831 Mar 2186,4151,1168,2097,92031 Dec 2084,0911,1128,0337,88730 Sep 2082,1021,1327,8948,05330 Jun 2081,6021,2107,7308,63731 Mar 2081,7681,1477,7348,35431 Dec 1981,5061,0807,5877,78830 Sep 1980,4471,0177,3827,13430 Jun 1979,7949937,2566,45531 Mar 1975,7441,0277,0036,18431 Dec 1868,9621,0946,4775,87730 Sep 1860,6081,1104,0776,65630 Jun 1852,5171,0615,1065,37431 Mar 1842,0741,0853,8804,14031 Dec 1734,9041,0832,9213,06430 Sep 1723,7331,0243,61265130 Jun 1715,6651,0061,02157531 Mar 1715,00797892850231 Dec 1614,4721,02384945930 Sep 1613,7731,00278943330 Jun 1612,75098669039131 Mar 1611,78892255734631 Dec 1511,05786650132930 Sep 159,90183840027630 Jun 158,404736315227質の高い収益: 6414にはNT$2.9B } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st December, 2025に影響を及ぼしています。利益率の向上: 6414の現在の純利益率 (2.2%)は、昨年(1.8%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6414の収益は過去 5 年間で年間24.3%増加しました。成長の加速: 6414の過去 1 年間の収益成長率 ( 19.4% ) は、5 年間の平均 ( 年間24.3%を下回っています。収益対業界: 6414の過去 1 年間の収益成長率 ( 19.4% ) はTech業界-3.1%を上回りました。株主資本利益率高いROE: 6414の 自己資本利益率 ( 13.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 03:47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Ennoconn Corporation 4 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。10 アナリスト機関Zhaoxiang YenCapital Securities CorporationCarrie LiuCitigroup IncRick HsuDaiwa Securities Co. Ltd.7 その他のアナリストを表示
Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$23.26 (up from NT$19.24 in FY 2024). Revenue: NT$142.3b (down 2.8% from FY 2024). Net income: NT$3.14b (up 19% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$6.91 (up from NT$5.03 in 3Q 2024). Revenue: NT$33.6b (down 11% from 3Q 2024). Net income: NT$950.7m (up 38% from 3Q 2024). Profit margin: 2.8% (up from 1.8% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$6.02 (up from NT$4.64 in 1Q 2024). Revenue: NT$34.5b (up 5.3% from 1Q 2024). Net income: NT$827.3m (up 32% from 1Q 2024). Profit margin: 2.4% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Ennoconn Corporation to Report Q1, 2025 Results on May 13, 2025Ennoconn Corporation announced that they will report Q1, 2025 results on May 13, 2025
New Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: NT$23.26 (up from NT$19.24 in FY 2024). Revenue: NT$142.3b (down 2.8% from FY 2024). Net income: NT$3.14b (up 19% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30Ennoconn Corporation, Annual General Meeting, May 29, 2026Ennoconn Corporation, Annual General Meeting, May 29, 2026. Location: 4 floor no,10, chien k`ang rd., jhonghe district, new taipei city Taiwan
New Risk • Dec 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 44% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: NT$6.91 (up from NT$5.03 in 3Q 2024). Revenue: NT$33.6b (down 11% from 3Q 2024). Net income: NT$950.7m (up 38% from 3Q 2024). Profit margin: 2.8% (up from 1.8% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 17Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$4.11 (up from NT$3.67 in 2Q 2024). Revenue: NT$34.7b (down 4.5% from 2Q 2024). Net income: NT$565.0m (up 12% from 2Q 2024). Profit margin: 1.6% (up from 1.4% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 20Upcoming dividend of NT$12.20 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.7%).
お知らせ • Jun 03Ennoconn Corporation Approves Cash Dividend, Payable on July 25, 2025Ennoconn Corporation Approved common stock dividend distribution to common share holders of TWD 1,677,984,584 (TWD 12.20 per share). Ex-rights (ex-dividend) trading date: June 27, 2025, Last date before book closure: June 30, 2025, Book closure starting date: July 1, 2025, Book closure ending date: July 5, 2025, Ex-rights (ex-dividend) record date: July 5, 2025, Payment date of common stock cash dividend distribution: July 25, 2025.
Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$6.02 (up from NT$4.64 in 1Q 2024). Revenue: NT$34.5b (up 5.3% from 1Q 2024). Net income: NT$827.3m (up 32% from 1Q 2024). Profit margin: 2.4% (up from 1.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Ennoconn Corporation to Report Q1, 2025 Results on May 13, 2025Ennoconn Corporation announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$241, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$366 per share.
分析記事 • Apr 01Earnings Beat: Ennoconn Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsEnnoconn Corporation ( TWSE:6414 ) shareholders are probably feeling a little disappointed, since its shares fell 4.2...
Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: NT$19.24 (up from NT$18.32 in FY 2023). Revenue: NT$146.4b (up 20% from FY 2023). Net income: NT$2.63b (up 21% from FY 2023). Profit margin: 1.8% (in line with FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 8.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Tech industry in Taiwan. 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 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 19Ennoconn Corporation to Report Fiscal Year 2024 Results on Mar 28, 2025Ennoconn Corporation announced that they will report fiscal year 2024 results on Mar 28, 2025
分析記事 • Mar 11A Look At The Fair Value Of Ennoconn Corporation (TWSE:6414)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ennoconn fair value estimate is NT$349 Ennoconn's NT$299 share...
お知らせ • Jan 16Ennoconn Corporation, Annual General Meeting, May 29, 2025Ennoconn Corporation, Annual General Meeting, May 29, 2025. Location: 4 floor no,10, chien k`ang rd., jhonghe district, new taipei city Taiwan
Buy Or Sell Opportunity • Jan 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to NT$281. The fair value is estimated to be NT$360, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
分析記事 • Nov 21Ennoconn's (TWSE:6414) Solid Profits Have Weak FundamentalsEnnoconn Corporation ( TWSE:6414 ) announced strong profits, but the stock was stagnant. We did some digging, and we...
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$5.03 (down from NT$5.97 in 3Q 2023). Revenue: NT$37.7b (up 26% from 3Q 2023). Net income: NT$690.7m (down 8.7% from 3Q 2023). Profit margin: 1.8% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 02Ennoconn Corporation to Report Q3, 2024 Results on Nov 13, 2024Ennoconn Corporation announced that they will report Q3, 2024 results on Nov 13, 2024
分析記事 • Oct 30Should You Think About Buying Ennoconn Corporation (TWSE:6414) Now?Ennoconn Corporation ( TWSE:6414 ), is not the largest company out there, but it received a lot of attention from a...
分析記事 • Oct 16Is Ennoconn (TWSE:6414) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Sep 05Ennoconn Corporation's (TWSE:6414) Price Is Right But Growth Is LackingEnnoconn Corporation's ( TWSE:6414 ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing...
Buy Or Sell Opportunity • Sep 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$280. The fair value is estimated to be NT$354, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 60% in the next 2 years.
Reported Earnings • Aug 19Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: NT$3.70 (down from NT$4.67 in 2Q 2023). Revenue: NT$36.3b (up 25% from 2Q 2023). Net income: NT$502.6m (down 4.6% from 2Q 2023). Profit margin: 1.4% (down from 1.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 38%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Aug 02Ennoconn Corporation to Report Q2, 2024 Results on Aug 13, 2024Ennoconn Corporation announced that they will report Q2, 2024 results on Aug 13, 2024
Upcoming Dividend • Jul 24Upcoming dividend of NT$11.35 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 62% and the cash payout ratio is 80%. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (3.0%).
分析記事 • Jul 23Return Trends At Ennoconn (TWSE:6414) Aren't AppealingTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Declared Dividend • Jul 03Dividend reduced to NT$11.41Dividend of NT$11.41 is 10% lower than last year. Ex-date: 31st July 2024 Payment date: 28th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02Ennoconn Corporation Approves Common Stock Cash Dividend, Payable on August 28, 2024Ennoconn Corporation approved common stock cash dividends to common share holders of TWD 1,559,072,498 (TWD 11.41 per share). Ex-rights (ex-dividend) trading date: July 31, 2024. Ex-rights (ex-dividend) record date: August 6, 2024. Payment date of common stock cash dividend distribution: August 28, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: July 1, 2024.
Reported Earnings • May 18First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$4.67 (up from NT$4.64 in 1Q 2023). Revenue: NT$32.7b (up 15% from 1Q 2023). Net income: NT$627.4m (up 28% from 1Q 2023). Profit margin: 1.9% (up from 1.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • May 01Ennoconn Corporation to Report Q1, 2024 Results on May 09, 2024Ennoconn Corporation announced that they will report Q1, 2024 results on May 09, 2024
分析記事 • Apr 29Is It Too Late To Consider Buying Ennoconn Corporation (TWSE:6414)?Ennoconn Corporation ( TWSE:6414 ), is not the largest company out there, but it saw a significant share price rise of...
分析記事 • Apr 08There May Be Underlying Issues With The Quality Of Ennoconn's (TWSE:6414) EarningsDespite announcing strong earnings, Ennoconn Corporation's ( TWSE:6414 ) stock was sluggish. Our analysis uncovered...
分析記事 • Apr 03Ennoconn Corporation (TWSE:6414) Just Reported And Analysts Have Been Lifting Their Price TargetsAs you might know, Ennoconn Corporation ( TWSE:6414 ) recently reported its annual numbers. It was a credible result...
Reported Earnings • Apr 02Full year 2023 earnings: EPS in line with analyst expectations despite revenue beatFull year 2023 results: EPS: NT$19.01 (up from NT$41.28 loss in FY 2022). Revenue: NT$121.6b (up 12% from FY 2022). Net income: NT$2.18b (up NT$6.55b from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 21Revenues Working Against Ennoconn Corporation's (TWSE:6414) Share PriceWhen you see that almost half of the companies in the Tech industry in Taiwan have price-to-sales ratios (or "P/S...
お知らせ • Mar 08Ennoconn Corporation, Annual General Meeting, May 31, 2024Ennoconn Corporation, Annual General Meeting, May 31, 2024. Location: Ennoconn's meeting room 4F., No. 10, Jiankang Rd., Zhonghe Dist., New Taipei City New Tapei City Taiwan Agenda: To approve Report on the 5th domestic unsecured conversion bond issuance in 2023 Other announcements will be made after the resolution of the BOD of the company on March 29, 2024; to approve Amendment to the Company's Article of Incorporation Other announcements will be made after the resolution of the BOD of the company on March 29, 2024; and to discuss other matters.
Reported Earnings • Nov 17Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$5.97. Revenue: NT$30.0b (down 6.8% from 3Q 2022). Net income: NT$756.2m (up 16% from 3Q 2022). Profit margin: 2.5% (up from 2.0% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in Taiwan.
Buying Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$316, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$332, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Jul 27Upcoming dividend of NT$12.74 per share at 5.0% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 28 August 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).
お知らせ • Jul 07+ 1 more updateEnnoconn Corporation announced that it expects to receive TWD 3 billion in fundingEnnoconn Corporation announced a private placement to issue 5th domestic unsecured convertible bonds for the gross proceeds of TWD 3,000 million on July 6, 2023. The transaction has been approved by the shareholders of the company and will mature 3 years from the date of issuance. The securities are issued at par.
お知らせ • May 31Ennoconn Corporation Approves the Election of Huang-Hsu Tu as Independent Director and Members of the Audit CommitteeEnnoconn Corporation approved the election of Huang-Hsu Tu, General Manager of Pan German Universal Motors, Inc, as Independent director and members of the Audit Committee at 2023 Annual General Shareholders' Meeting held on May 30, 2023. Effective date of the new appointment is May 30, 2023.
お知らせ • May 23Ennoconn Corporation, Annual General Meeting, May 22, 2023Ennoconn Corporation, Annual General Meeting, May 22, 2023. Agenda: To consider and approve the Profit distribution for 2022; to recognize the 2022 financial report; to re-elected Bernhard Chwatal as an independent member of the Supervisory Board; and any other matters that need to be specified.
Price Target Changed • May 17Price target increased by 9.4% to NT$274Up from NT$250, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of NT$285. Stock is up 36% over the past year. The company is forecast to post earnings per share of NT$22.95 next year compared to a net loss per share of NT$41.28 last year.
Major Estimate Revision • Apr 08Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$22.74 to NT$18.46 per share. Revenue forecast steady at NT$125.5b. Net income forecast to grow 6.0% next year vs 1.4% decline forecast for Tech industry in Taiwan. Consensus price target broadly unchanged at NT$249. Share price was steady at NT$261 over the past week.
Buying Opportunity • Mar 10Now 20% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.
Buying Opportunity • Feb 22Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be NT$293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 21% in the next 2 years.
お知らせ • Jan 12Ennoconn Corporation Announces the Change of Chief Internal AuditorEnnoconn Corporation board of directors appointed Ms. Chrissy Wei, Manager /The ex-chief internal auditor of GOLDTek in pace of Mr. Nicolas Lu as chief internal auditor, effective date is January 11, 2023.
Major Estimate Revision • Nov 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from NT$113.9b to NT$116.9b. EPS estimate fell from NT$19.51 to NT$17.55 per share. Net income forecast to grow 30% next year vs 5.8% decline forecast for Tech industry in Taiwan. Consensus price target down from NT$276 to NT$241. Share price was steady at NT$201 over the past week.
Price Target Changed • Nov 16Price target decreased to NT$248Down from NT$276, the current price target is an average from 8 analysts. New target price is 24% above last closing price of NT$200. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of NT$18.43 for next year compared to NT$13.91 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Davis Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$6.15 (up from NT$3.78 in 3Q 2021). Revenue: NT$32.2b (up 37% from 3Q 2021). Net income: NT$652.2m (up 79% from 3Q 2021). Profit margin: 2.0% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Tech industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$15.56 to NT$19.51. Revenue forecast steady at NT$113.9b. Net income forecast to grow 35% next year vs 3.5% growth forecast for Tech industry in Taiwan. Consensus price target up from NT$263 to NT$281. Share price fell 5.2% to NT$230 over the past week.
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: NT$4.16 (up from NT$3.14 in 2Q 2021). Revenue: NT$26.8b (up 18% from 2Q 2021). Net income: NT$441.3m (up 46% from 2Q 2021). Profit margin: 1.6% (up from 1.3% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 13%, compared to a 3.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Aug 12+ 1 more updateEnnoconn Corporation Announces Management Changes, Effective August 22, 2022Ennoconn Corporation appointed Mr. Philip Chou /Management Department manager as corporate governance officer in place of Wu, You-Mei /CFO, effective August 22, 2022.
Buying Opportunity • Aug 12Now 22% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be NT$296, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 5.3%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.
Upcoming Dividend • Jul 22Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 29 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (7.3%).
お知らせ • Jul 02+ 1 more updateEnnoconn Corporation Announces Cash Dividend from Capital Reserve, Payable on August 25, 2022Ennoconn Corporation announced Cash issued to common share holders from capital reserve TWD 424,148,076 (TWD 4 per share). Ex-rights (ex-dividend) trading date is July 29, 2022. Ex-rights (ex-dividend) record date is August 6, 2022. The cash dividend will be payable on August 25, 2022.
Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$2.97 (up from NT$2.06 in 1Q 2021). Revenue: NT$24.3b (up 20% from 1Q 2021). Net income: NT$313.8m (up 60% from 1Q 2021). Profit margin: 1.3% (up from 1.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%. Over the next year, revenue is forecast to grow 16%, compared to a 5.4% growth forecast for the industry in Taiwan. 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 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 Davis Wang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$13.91 (up from NT$12.13 in FY 2020). Revenue: NT$96.6b (up 15% from FY 2020). Net income: NT$1.33b (up 20% from FY 2020). Profit margin: 1.4% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 19%, compared to a 8.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 10Ennoconn Corporation Launches into the Industrial MetaverseEnnoconn Corporation launched into the Industrial Metaverse with an equally impressive contemporary company logo, branding, and all-encompassing content-rich website. Ennoconn’s redesigned website focuses on the digital transformation of cloud-based services and solutions, bundled with traditional DMS and SI solutions branded as Digitalization as a Service (DaaS). The comprehensive website brings this commitment and journey through the Industrial Metaverse to life. The site and all its energy, expertly crafted and designed by Reno, NV-based, Sliice Marketing, is for clients and partners ready to engage, transform, and revolutionize their go-to-market AIoT/AI/Cloud initiatives and business strategies. Right down to the logo, which symbolizes Ennoconn’s global partnerships and a commitment to extensive cloud services integration. The renovated branding and messaging accentuate Ennoconn’s position as the world leader within the DMS, SI, and emerging digital transformation services. New and existing partners and customers can immediately benefit from this site, actualizing their business transformation as they engage deeper and broader with Ennoconn’s Digitalization as a Service (DaaS) and total transformation methodology.
お知らせ • Jan 06Ennoconn Corporation announced that it expects to receive TWD 1.1073696 billion in funding from Google International LLCEnnoconn Corporation announced a private placement of 4,880,000 common shares at an issue price of TWD 226.92 per share for gross proceeds of TWD 1,107,369,600 on January 4, 2022. The transaction will include participation from Google International LLC. The transaction has been approved by the board of directors of the company. The transaction is expected to close in between January 5, 2022 and January 11, 2022. The shares are subject to a hold period of three years.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$276, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Tech industry in Taiwan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$405 per share.
お知らせ • Jan 01Ennoconn Corporation announced that it has received TWD 975 million in fundingOn December 30, 2021, Ennoconn Corporation closed the transaction. The company issued 5,000,000 shares at a TWD 195 for gross proceeds of TWD 975,000,000 in the transaction.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$244, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Tech industry in Taiwan. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$407 per share.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$3.78 (vs NT$3.01 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$23.4b (up 11% from 3Q 2020). Net income: NT$363.5m (up 32% from 3Q 2020). Profit margin: 1.6% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.
Upcoming Dividend • Sep 27Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 04 October 2021. Payment date: 29 October 2021. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (5.2%).
お知らせ • Aug 24Ennoconn Corporation announced that it has received TWD 1.5 billion in funding from VIA Labs, Inc., MediaTek Capital Co., VIA Technologies, Inc. and another investorOn August 23, 2021, Ennoconn Corporation closed the transaction. The transaction included participation from PHI Capital, VIA Labs, Inc., MediaTek Capital Co., VIA Technologies, Inc. The bonds will be convertible Shares at TWD 220.7, possible dilution of equity is around 6.56%.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$3.13 (vs NT$3.30 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: NT$22.8b (up 23% from 2Q 2020). Net income: NT$301.5m (flat on 2Q 2020). Profit margin: 1.3% (down from 1.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
Price Target Changed • May 23Price target decreased to NT$268Down from NT$299, the current price target is an average from 6 analysts. New target price is 41% above last closing price of NT$190. Stock is up 13% over the past year.
Price Target Changed • May 18Price target decreased to NT$274Down from NT$299, the current price target is an average from 6 analysts. New target price is 42% above last closing price of NT$193. Stock is up 13% over the past year.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.06 (vs NT$2.04 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$20.2b (up 13% from 1Q 2020). Net income: NT$196.6m (up 5.7% from 1Q 2020). Profit margin: 1.0% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
分析記事 • Apr 30Read This Before Buying Ennoconn Corporation (TPE:6414) For Its DividendToday we'll take a closer look at Ennoconn Corporation ( TPE:6414 ) from a dividend investor's perspective. Owning a...
分析記事 • Mar 31Why Ennoconn Corporation (TPE:6414) Could Be Worth WatchingEnnoconn Corporation ( TPE:6414 ), is not the largest company out there, but it received a lot of attention from a...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$12.13 (vs NT$12.03 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$84.1b (up 3.2% from FY 2019). Net income: NT$1.11b (up 2.9% from FY 2019). Profit margin: 1.3% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
分析記事 • Mar 17Ennoconn (TPE:6414) Seems To Use Debt Quite SensiblyDavid 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 • Mar 08New 90-day low: NT$234The company is down 6.0% from its price of NT$249 on 08 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$466 per share.
分析記事 • Mar 02Ennoconn Corporation's (TPE:6414) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?Ennoconn's (TPE:6414) stock up by 4.6% over the past three months. As most would know, long-term fundamentals have a...
分析記事 • Feb 16An Intrinsic Calculation For Ennoconn Corporation (TPE:6414) Suggests It's 47% UndervaluedToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Ennoconn Corporation...
分析記事 • Feb 02A Look At Ennoconn's (TPE:6414) Share Price ReturnsWhile it may not be enough for some shareholders, we think it is good to see the Ennoconn Corporation ( TPE:6414...
Is New 90 Day High Low • Jan 14New 90-day high: NT$274The company is up 16% from its price of NT$236 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$326 per share.
分析記事 • Jan 06What Type Of Shareholders Own The Most Number of Ennoconn Corporation (TPE:6414) Shares?The big shareholder groups in Ennoconn Corporation ( TPE:6414 ) have power over the company. Institutions often own...
分析記事 • Dec 23Should You Be Impressed By Ennoconn's (TPE:6414) Returns on Capital?There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
分析記事 • Dec 11Does Ennoconn (TPE:6414) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Nov 30Should Weakness in Ennoconn Corporation's (TPE:6414) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?It is hard to get excited after looking at Ennoconn's (TPE:6414) recent performance, when its stock has declined 14...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$3.01The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$21.1b (up 2.4% from 3Q 2019). Net income: NT$276.0m (down 22% from 3Q 2019). Profit margin: 1.3% (down from 1.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 8.6%, compared to a 6.3% growth forecast for the Tech industry in Taiwan.
Is New 90 Day High Low • Nov 02New 90-day low: NT$221The company is down 7.0% from its price of NT$236 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$205 per share.
Is New 90 Day High Low • Sep 24New 90-day low: NT$224The company is down 6.0% from its price of NT$237 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$205 per share.