View Past PerformanceSynPower バランスシートの健全性財務の健全性 基準チェック /46SynPowerの総株主資本はNT$1.5B 、総負債はNT$897.5Mで、負債比率は61.7%となります。総資産と総負債はそれぞれNT$3.3BとNT$1.9Bです。 SynPowerの EBIT はNT$150.6Mで、利息カバレッジ比率-22.9です。現金および短期投資はNT$873.5Mです。主要情報61.65%負債資本比率NT$897.50m負債インタレスト・カバレッジ・レシオ-22.9x現金NT$873.54mエクイティNT$1.46b負債合計NT$1.87b総資産NT$3.33b財務の健全性に関する最新情報分析記事 • Jan 13Does SynPower (TWSE:6658) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jul 25Here's Why SynPower (TWSE:6658) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$186, the stock trades at a trailing P/E ratio of 71.2x. Average trailing P/E is 41x in the Electronic industry in Taiwan. Total returns to shareholders of 337% over the past three years.Upcoming Dividend • Jun 01Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 08 June 2026. Payment date: 10 July 2026. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (1.2%).New Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 3.1% per year over the past 5 years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 353% over the past three years.Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.40 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.40 in 1Q 2025). Revenue: NT$619.4m (up 27% from 1Q 2025). Net income: NT$59.1m (up 330% from 1Q 2025). Profit margin: 9.5% (up from 2.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.New Risk • Apr 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$91.40, the stock trades at a trailing P/E ratio of 67x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.45b market cap, or US$76.8m).Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$68.70, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.New Risk • Mar 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.13b market cap, or US$67.0m).Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.38 (vs NT$1.09 in FY 2024)Full year 2025 results: EPS: NT$1.38 (up from NT$1.09 in FY 2024). Revenue: NT$2.08b (up 31% from FY 2024). Net income: NT$49.6m (up 38% from FY 2024). Profit margin: 2.4% (up from 2.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Feb 06SynPower Co., Ltd., Annual General Meeting, May 14, 2026SynPower Co., Ltd., Annual General Meeting, May 14, 2026. Location: no,57, tung yuan rd., jhongli district, taoyuan city Taiwanお知らせ • Jan 29SynPower Co., Ltd. to Report Q4, 2025 Results on Feb 05, 2026SynPower Co., Ltd. announced that they will report Q4, 2025 results on Feb 05, 2026Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$60.20, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.26 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (up from NT$0.26 loss in 3Q 2024). Revenue: NT$375.4m (up 14% from 3Q 2024). Net income: NT$2.36m (up NT$11.0m from 3Q 2024). Profit margin: 0.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Sep 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 134% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (NT$2.17b market cap, or US$71.0m).Reported Earnings • Aug 12Second quarter 2025 earnings released: NT$0.09 loss per share (vs NT$0.47 profit in 2Q 2024)Second quarter 2025 results: NT$0.09 loss per share (down from NT$0.47 profit in 2Q 2024). Revenue: NT$719.0m (up 49% from 2Q 2024). Net loss: NT$3.13m (down 120% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$73.30, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 144% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$81.80, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.40 (vs NT$0.02 in 1Q 2024)First quarter 2025 results: EPS: NT$0.40 (up from NT$0.02 in 1Q 2024). Revenue: NT$486.5m (up 72% from 1Q 2024). Net income: NT$13.7m (up NT$13.1m from 1Q 2024). Profit margin: 2.8% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Declared Dividend • May 07Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 22nd May 2025 Payment date: 19th June 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control. However, EPS has declined by 5.2% over the last 5 years so the company would need to reverse this trend.お知らせ • Apr 30SynPower Co., Ltd. to Report Q1, 2025 Results on May 07, 2025SynPower Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$48.20, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$66.30, the stock trades at a trailing P/E ratio of 67x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.お知らせ • Mar 20SynPower Co., Ltd. Announces the Resignation of Lin, Ge-Ming as an Institutional DirectorSynPower Co., Ltd. announced the resignation of an institutional director. Title and name of the previous position holder: Kao Mei Industrial Co., Ltd. Representative: Lin, Ge-Ming. Resume of the previous position holder: Director, SynPower Co., Ltd.New Risk • Mar 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 5.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.72b market cap, or US$82.4m).Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$82.70, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 120% over the past three years.分析記事 • Mar 10SynPower (TWSE:6658) Strong Profits May Be Masking Some Underlying IssuesThe recent earnings posted by SynPower Co., Ltd. ( TWSE:6658 ) were solid, but the stock didn't move as much as we...Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$1.09 (vs NT$0.99 in FY 2023)Full year 2024 results: EPS: NT$1.09 (up from NT$0.99 in FY 2023). Revenue: NT$1.59b (up 24% from FY 2023). Net income: NT$36.0m (up 20% from FY 2023). Profit margin: 2.3% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Feb 18SynPower Co., Ltd., Annual General Meeting, May 07, 2025SynPower Co., Ltd., Annual General Meeting, May 07, 2025, at 09:00 Taipei Standard Time. Location: no,57, tung yuan rd., jhongli district, taoyuan city Taiwan分析記事 • Feb 11SynPower (TWSE:6658) Will Want To Turn Around Its Return TrendsWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...お知らせ • Feb 08SynPower Co., Ltd. to Report Q4, 2024 Results on Feb 17, 2025SynPower Co., Ltd. announced that they will report Q4, 2024 results on Feb 17, 2025New Risk • Feb 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$2.47b market cap, or US$75.3m).分析記事 • Jan 13Does SynPower (TWSE:6658) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 08SynPower Co., Ltd. (TWSE:6658) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelySynPower Co., Ltd. ( TWSE:6658 ) shares have retraced a considerable 27% in the last month, reversing a fair amount of...Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.26 loss per share (vs NT$0.64 profit in 3Q 2023)Third quarter 2024 results: NT$0.26 loss per share (down from NT$0.64 profit in 3Q 2023). Revenue: NT$327.9m (down 14% from 3Q 2023). Net loss: NT$8.61m (down 145% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.お知らせ • Oct 29SynPower Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024SynPower Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024お知らせ • Oct 19+ 1 more updateSynPower Co., Ltd. Elects Elected Lai, Chao-Sung as Independent DirectorSynPower Co., Ltd. announced at first extraordinary shareholders' meeting in 2024 held on October 18, 2024, the shareholders elected Lai, Chao-Sung as Independent director of the company. Resume of the new position holder: Dean of the College of Engineering, Chang Gung University. /Professor, Department of Electronics Engineering, Chang Gung University. /Professor, Institute of Pioneer Semiconductor Innovation, National Yang Ming Chao Tung University. Effective date of the new appointment: October 18, 2024.分析記事 • Oct 15What SynPower Co., Ltd.'s (TWSE:6658) 28% Share Price Gain Is Not Telling YouSynPower Co., Ltd. ( TWSE:6658 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.50, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 67% over the past year.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$81.30, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past year.分析記事 • Aug 28SynPower Co., Ltd.'s (TWSE:6658) 33% Share Price Surge Not Quite Adding UpSynPower Co., Ltd. ( TWSE:6658 ) shares have continued their recent momentum with a 33% gain in the last month alone...Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$79.50, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past year.分析記事 • Aug 19SynPower's (TWSE:6658) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsSynPower Co., Ltd.'s ( TWSE:6658 ) stock showed strength, with investors undeterred by its weak earnings report. We...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.47 (vs NT$0.35 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.47 (up from NT$0.35 in 2Q 2023). Revenue: NT$481.9m (up 55% from 2Q 2023). Net income: NT$15.3m (up 45% from 2Q 2023). Profit margin: 3.2% (down from 3.4% in 2Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Aug 10SynPower Co., Ltd. Announces Board ChangesSynPower Co., Ltd. announced the change in legal person director representative for the company. Name of the previous position holder: Kao Mei Industrial Co., Ltd., Representative: Chen, Wen-Sheng. Resume of the previous position holder: Director, SynPower Co., Ltd. Name of the new position holder: Kao Mei Industrial Co., Ltd. Representative: Lin, Ge-Ming; Resume of the new position holder: Director, SynPower Co., Ltd. Effective date of the new appointment is August 8, 2024.お知らせ • Aug 02SynPower Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024SynPower Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 25Here's Why SynPower (TWSE:6658) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$61.00, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past year.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past year.分析記事 • Jun 29There's Reason For Concern Over SynPower Co., Ltd.'s (TWSE:6658) Massive 27% Price JumpSynPower Co., Ltd. ( TWSE:6658 ) shareholders have had their patience rewarded with a 27% share price jump in the last...Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$52.90, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 22% over the past year.お知らせ • May 16SynPower Co., Ltd. Announces the Appointment of Chen, Wen-Sheng as Legal Person Director RepresentativeSynPower Co., Ltd. announced the appointment of Chen, Wen-Sheng as legal person director representative, effective May 15, 2024.Upcoming Dividend • May 10Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 18 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (4.5%). In line with average of industry peers (3.0%).お知らせ • May 02SynPower Co., Ltd. to Report Q1, 2024 Results on May 09, 2024SynPower Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024New Risk • Mar 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Market cap is less than US$100m (NT$1.41b market cap, or US$44.6m).Reported Earnings • Feb 27Full year 2023 earnings released: EPS: NT$0.99 (vs NT$3.97 in FY 2022)Full year 2023 results: EPS: NT$0.99 (down from NT$3.97 in FY 2022). Revenue: NT$1.28b (down 20% from FY 2022). Net income: NT$30.1m (down 75% from FY 2022). Profit margin: 2.3% (down from 7.4% in FY 2022). The decrease in margin was driven by lower revenue.お知らせ • Feb 23SynPower Co., Ltd., Annual General Meeting, May 15, 2024SynPower Co., Ltd., Annual General Meeting, May 15, 2024. Location: Auditorium 2F, Service Center, Zhongli Industrial Zone, Industrial Bureau, Ministry of Economic Affairs, No. 57, Dongyuan Road, Zhongli District Taoyuan City Taiwan Agenda: To consider company's 2023 business report; to consider Report on 2023 employee's and director's remuneration; to consider report on cash dividend distribution of 2023 earnings; and to transact such other business matters.New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. High level of non-cash earnings (28% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$36.8m).New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$1.18b market cap, or US$36.9m).Valuation Update With 7 Day Price Move • Nov 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$40.00, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 13% over the past year.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.35 (vs NT$1.07 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.35 (down from NT$1.07 in 2Q 2022). Revenue: NT$312.0m (down 7.6% from 2Q 2022). Net income: NT$10.6m (down 67% from 2Q 2022). Profit margin: 3.4% (down from 9.5% in 2Q 2022).Upcoming Dividend • May 26Upcoming dividend of NT$2.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.7%). In line with average of industry peers (4.4%).Reported Earnings • May 14First quarter 2023 earnings released: EPS: NT$0.03 (vs NT$0.92 in 1Q 2022)First quarter 2023 results: EPS: NT$0.03 (down from NT$0.92 in 1Q 2022). Revenue: NT$293.5m (down 15% from 1Q 2022). Net income: NT$1.03m (down 96% from 1Q 2022). Profit margin: 0.3% (down from 8.0% in 1Q 2022).Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$3.97 (vs NT$0.75 in FY 2021)Full year 2022 results: EPS: NT$3.97 (up from NT$0.75 in FY 2021). Revenue: NT$1.60b (up 17% from FY 2021). Net income: NT$119.2m (up 450% from FY 2021). Profit margin: 7.4% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$42.50, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan.Reported Earnings • Apr 17Full year 2021 earnings released: EPS: NT$0.75 (vs NT$2.36 in FY 2020)Full year 2021 results: EPS: NT$0.75 (down from NT$2.36 in FY 2020). Revenue: NT$1.37b (up 9.9% from FY 2020). Net income: NT$21.7m (down 66% from FY 2020). Profit margin: 1.6% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses.財務状況分析短期負債: 6658の 短期資産 ( NT$1.9B ) が 短期負債 ( NT$1.2B ) を超えています。長期負債: 6658の短期資産 ( NT$1.9B ) が 長期負債 ( NT$719.3M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 6658の 純負債対資本比率 ( 1.6% ) は 満足できる 水準であると考えられます。負債の削減: 6658の負債対資本比率は、過去 5 年間で58.7%から61.7%に増加しました。債務返済能力: 6658の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 16.6% )。インタレストカバレッジ: 6658支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/19 18:46終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこの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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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SynPower Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Jan 13Does SynPower (TWSE:6658) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jul 25Here's Why SynPower (TWSE:6658) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$186, the stock trades at a trailing P/E ratio of 71.2x. Average trailing P/E is 41x in the Electronic industry in Taiwan. Total returns to shareholders of 337% over the past three years.
Upcoming Dividend • Jun 01Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 08 June 2026. Payment date: 10 July 2026. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (1.2%).
New Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 3.1% per year over the past 5 years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$203, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 353% over the past three years.
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.40 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.40 in 1Q 2025). Revenue: NT$619.4m (up 27% from 1Q 2025). Net income: NT$59.1m (up 330% from 1Q 2025). Profit margin: 9.5% (up from 2.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.
New Risk • Apr 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$91.40, the stock trades at a trailing P/E ratio of 67x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.45b market cap, or US$76.8m).
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$68.70, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.
New Risk • Mar 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.13b market cap, or US$67.0m).
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$1.38 (vs NT$1.09 in FY 2024)Full year 2025 results: EPS: NT$1.38 (up from NT$1.09 in FY 2024). Revenue: NT$2.08b (up 31% from FY 2024). Net income: NT$49.6m (up 38% from FY 2024). Profit margin: 2.4% (up from 2.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Feb 06SynPower Co., Ltd., Annual General Meeting, May 14, 2026SynPower Co., Ltd., Annual General Meeting, May 14, 2026. Location: no,57, tung yuan rd., jhongli district, taoyuan city Taiwan
お知らせ • Jan 29SynPower Co., Ltd. to Report Q4, 2025 Results on Feb 05, 2026SynPower Co., Ltd. announced that they will report Q4, 2025 results on Feb 05, 2026
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$60.20, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.26 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (up from NT$0.26 loss in 3Q 2024). Revenue: NT$375.4m (up 14% from 3Q 2024). Net income: NT$2.36m (up NT$11.0m from 3Q 2024). Profit margin: 0.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Sep 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 134% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (NT$2.17b market cap, or US$71.0m).
Reported Earnings • Aug 12Second quarter 2025 earnings released: NT$0.09 loss per share (vs NT$0.47 profit in 2Q 2024)Second quarter 2025 results: NT$0.09 loss per share (down from NT$0.47 profit in 2Q 2024). Revenue: NT$719.0m (up 49% from 2Q 2024). Net loss: NT$3.13m (down 120% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$73.30, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 144% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$81.80, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.40 (vs NT$0.02 in 1Q 2024)First quarter 2025 results: EPS: NT$0.40 (up from NT$0.02 in 1Q 2024). Revenue: NT$486.5m (up 72% from 1Q 2024). Net income: NT$13.7m (up NT$13.1m from 1Q 2024). Profit margin: 2.8% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Declared Dividend • May 07Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 22nd May 2025 Payment date: 19th June 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control. However, EPS has declined by 5.2% over the last 5 years so the company would need to reverse this trend.
お知らせ • Apr 30SynPower Co., Ltd. to Report Q1, 2025 Results on May 07, 2025SynPower Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$48.20, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$66.30, the stock trades at a trailing P/E ratio of 67x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past three years.
お知らせ • Mar 20SynPower Co., Ltd. Announces the Resignation of Lin, Ge-Ming as an Institutional DirectorSynPower Co., Ltd. announced the resignation of an institutional director. Title and name of the previous position holder: Kao Mei Industrial Co., Ltd. Representative: Lin, Ge-Ming. Resume of the previous position holder: Director, SynPower Co., Ltd.
New Risk • Mar 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 5.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.72b market cap, or US$82.4m).
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$82.70, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 120% over the past three years.
分析記事 • Mar 10SynPower (TWSE:6658) Strong Profits May Be Masking Some Underlying IssuesThe recent earnings posted by SynPower Co., Ltd. ( TWSE:6658 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$1.09 (vs NT$0.99 in FY 2023)Full year 2024 results: EPS: NT$1.09 (up from NT$0.99 in FY 2023). Revenue: NT$1.59b (up 24% from FY 2023). Net income: NT$36.0m (up 20% from FY 2023). Profit margin: 2.3% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Feb 18SynPower Co., Ltd., Annual General Meeting, May 07, 2025SynPower Co., Ltd., Annual General Meeting, May 07, 2025, at 09:00 Taipei Standard Time. Location: no,57, tung yuan rd., jhongli district, taoyuan city Taiwan
分析記事 • Feb 11SynPower (TWSE:6658) Will Want To Turn Around Its Return TrendsWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
お知らせ • Feb 08SynPower Co., Ltd. to Report Q4, 2024 Results on Feb 17, 2025SynPower Co., Ltd. announced that they will report Q4, 2024 results on Feb 17, 2025
New Risk • Feb 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$2.47b market cap, or US$75.3m).
分析記事 • Jan 13Does SynPower (TWSE:6658) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 08SynPower Co., Ltd. (TWSE:6658) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelySynPower Co., Ltd. ( TWSE:6658 ) shares have retraced a considerable 27% in the last month, reversing a fair amount of...
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.26 loss per share (vs NT$0.64 profit in 3Q 2023)Third quarter 2024 results: NT$0.26 loss per share (down from NT$0.64 profit in 3Q 2023). Revenue: NT$327.9m (down 14% from 3Q 2023). Net loss: NT$8.61m (down 145% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
お知らせ • Oct 29SynPower Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024SynPower Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
お知らせ • Oct 19+ 1 more updateSynPower Co., Ltd. Elects Elected Lai, Chao-Sung as Independent DirectorSynPower Co., Ltd. announced at first extraordinary shareholders' meeting in 2024 held on October 18, 2024, the shareholders elected Lai, Chao-Sung as Independent director of the company. Resume of the new position holder: Dean of the College of Engineering, Chang Gung University. /Professor, Department of Electronics Engineering, Chang Gung University. /Professor, Institute of Pioneer Semiconductor Innovation, National Yang Ming Chao Tung University. Effective date of the new appointment: October 18, 2024.
分析記事 • Oct 15What SynPower Co., Ltd.'s (TWSE:6658) 28% Share Price Gain Is Not Telling YouSynPower Co., Ltd. ( TWSE:6658 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.50, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 67% over the past year.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$81.30, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past year.
分析記事 • Aug 28SynPower Co., Ltd.'s (TWSE:6658) 33% Share Price Surge Not Quite Adding UpSynPower Co., Ltd. ( TWSE:6658 ) shares have continued their recent momentum with a 33% gain in the last month alone...
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$79.50, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 78% over the past year.
分析記事 • Aug 19SynPower's (TWSE:6658) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsSynPower Co., Ltd.'s ( TWSE:6658 ) stock showed strength, with investors undeterred by its weak earnings report. We...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.47 (vs NT$0.35 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.47 (up from NT$0.35 in 2Q 2023). Revenue: NT$481.9m (up 55% from 2Q 2023). Net income: NT$15.3m (up 45% from 2Q 2023). Profit margin: 3.2% (down from 3.4% in 2Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Aug 10SynPower Co., Ltd. Announces Board ChangesSynPower Co., Ltd. announced the change in legal person director representative for the company. Name of the previous position holder: Kao Mei Industrial Co., Ltd., Representative: Chen, Wen-Sheng. Resume of the previous position holder: Director, SynPower Co., Ltd. Name of the new position holder: Kao Mei Industrial Co., Ltd. Representative: Lin, Ge-Ming; Resume of the new position holder: Director, SynPower Co., Ltd. Effective date of the new appointment is August 8, 2024.
お知らせ • Aug 02SynPower Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024SynPower Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 25Here's Why SynPower (TWSE:6658) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$61.00, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past year.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past year.
分析記事 • Jun 29There's Reason For Concern Over SynPower Co., Ltd.'s (TWSE:6658) Massive 27% Price JumpSynPower Co., Ltd. ( TWSE:6658 ) shareholders have had their patience rewarded with a 27% share price jump in the last...
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$52.90, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 22% over the past year.
お知らせ • May 16SynPower Co., Ltd. Announces the Appointment of Chen, Wen-Sheng as Legal Person Director RepresentativeSynPower Co., Ltd. announced the appointment of Chen, Wen-Sheng as legal person director representative, effective May 15, 2024.
Upcoming Dividend • May 10Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 18 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (4.5%). In line with average of industry peers (3.0%).
お知らせ • May 02SynPower Co., Ltd. to Report Q1, 2024 Results on May 09, 2024SynPower Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
New Risk • Mar 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Market cap is less than US$100m (NT$1.41b market cap, or US$44.6m).
Reported Earnings • Feb 27Full year 2023 earnings released: EPS: NT$0.99 (vs NT$3.97 in FY 2022)Full year 2023 results: EPS: NT$0.99 (down from NT$3.97 in FY 2022). Revenue: NT$1.28b (down 20% from FY 2022). Net income: NT$30.1m (down 75% from FY 2022). Profit margin: 2.3% (down from 7.4% in FY 2022). The decrease in margin was driven by lower revenue.
お知らせ • Feb 23SynPower Co., Ltd., Annual General Meeting, May 15, 2024SynPower Co., Ltd., Annual General Meeting, May 15, 2024. Location: Auditorium 2F, Service Center, Zhongli Industrial Zone, Industrial Bureau, Ministry of Economic Affairs, No. 57, Dongyuan Road, Zhongli District Taoyuan City Taiwan Agenda: To consider company's 2023 business report; to consider Report on 2023 employee's and director's remuneration; to consider report on cash dividend distribution of 2023 earnings; and to transact such other business matters.
New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. High level of non-cash earnings (28% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (NT$1.16b market cap, or US$36.8m).
New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$1.18b market cap, or US$36.9m).
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$40.00, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 13% over the past year.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.35 (vs NT$1.07 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.35 (down from NT$1.07 in 2Q 2022). Revenue: NT$312.0m (down 7.6% from 2Q 2022). Net income: NT$10.6m (down 67% from 2Q 2022). Profit margin: 3.4% (down from 9.5% in 2Q 2022).
Upcoming Dividend • May 26Upcoming dividend of NT$2.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.7%). In line with average of industry peers (4.4%).
Reported Earnings • May 14First quarter 2023 earnings released: EPS: NT$0.03 (vs NT$0.92 in 1Q 2022)First quarter 2023 results: EPS: NT$0.03 (down from NT$0.92 in 1Q 2022). Revenue: NT$293.5m (down 15% from 1Q 2022). Net income: NT$1.03m (down 96% from 1Q 2022). Profit margin: 0.3% (down from 8.0% in 1Q 2022).
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$3.97 (vs NT$0.75 in FY 2021)Full year 2022 results: EPS: NT$3.97 (up from NT$0.75 in FY 2021). Revenue: NT$1.60b (up 17% from FY 2021). Net income: NT$119.2m (up 450% from FY 2021). Profit margin: 7.4% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$42.50, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan.
Reported Earnings • Apr 17Full year 2021 earnings released: EPS: NT$0.75 (vs NT$2.36 in FY 2020)Full year 2021 results: EPS: NT$0.75 (down from NT$2.36 in FY 2020). Revenue: NT$1.37b (up 9.9% from FY 2020). Net income: NT$21.7m (down 66% from FY 2020). Profit margin: 1.6% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses.