View Financial HealthAssociated Industries China 配当と自社株買い配当金 基準チェック /06Associated Industries China現在配当金を支払っていません。主要情報0%配当利回り0%バイバック利回り総株主利回り0%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings released: NT$0.19 loss per share (vs NT$0.50 loss in 1Q 2025)First quarter 2026 results: NT$0.19 loss per share (improved from NT$0.50 loss in 1Q 2025). Revenue: NT$113.1m (down 2.5% from 1Q 2025). Net loss: NT$10.2m (loss narrowed 62% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Mar 17Full year 2025 earnings released: NT$1.12 loss per share (vs NT$0.98 loss in FY 2024)Full year 2025 results: NT$1.12 loss per share (further deteriorated from NT$0.98 loss in FY 2024). Revenue: NT$506.4m (flat on FY 2024). Net loss: NT$59.7m (loss widened 16% from FY 2024). 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 7% per year, which means it is well ahead of earnings.お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 18, 2026Associated Industries China, Inc., Annual General Meeting, Jun 18, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city TaiwanNew Risk • Nov 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$82m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$82m free cash flow). Earnings have declined by 24% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$650.1m market cap, or US$20.8m).Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.18 loss in 3Q 2024)Third quarter 2025 results: NT$0.27 loss per share (further deteriorated from NT$0.18 loss in 3Q 2024). Revenue: NT$120.4m (down 9.4% from 3Q 2024). Net loss: NT$14.3m (loss widened 45% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 3.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$669.5m market cap, or US$22.3m).Reported Earnings • May 19First quarter 2025 earnings released: NT$0.50 loss per share (vs NT$0.34 loss in 1Q 2024)First quarter 2025 results: NT$0.50 loss per share (further deteriorated from NT$0.34 loss in 1Q 2024). Revenue: NT$116.0m (down 4.2% from 1Q 2024). Net loss: NT$26.8m (loss widened 57% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Associated Industries China, Inc. to Report Q1, 2025 Results on May 07, 2025Associated Industries China, Inc. announced that they will report Q1, 2025 results on May 07, 2025Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.98 loss per share (vs NT$0.59 loss in FY 2023)Full year 2024 results: NT$0.98 loss per share (further deteriorated from NT$0.59 loss in FY 2023). Revenue: NT$504.5m (down 1.2% from FY 2023). Net loss: NT$51.6m (loss widened 73% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 18, 2025Associated Industries China, Inc., Annual General Meeting, Jun 18, 2025. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city TaiwanNew Risk • Nov 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$98m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-NT$98m free cash flow). Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (NT$672.3m market cap, or US$20.7m).Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.079 loss in 3Q 2023)Third quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.079 loss in 3Q 2023). Revenue: NT$132.9m (down 1.1% from 3Q 2023). Net loss: NT$9.91m (loss widened 149% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.お知らせ • Oct 30Associated Industries China, Inc. to Report Q3, 2024 Results on Nov 06, 2024Associated Industries China, Inc. announced that they will report Q3, 2024 results on Nov 06, 2024New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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: Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (NT$723.4m market cap, or US$22.7m).Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.14 loss per share. Revenue: NT$128.6m (up 3.3% from 2Q 2023). Net loss: NT$7.95m (loss widened 3.9% from 2Q 2023).分析記事 • Aug 13Is Associated Industries China (TWSE:9912) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Jul 31Associated Industries China, Inc. to Report Q2, 2024 Results on Aug 07, 2024Associated Industries China, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024Reported Earnings • May 19First quarter 2024 earnings released: NT$0.34 loss per share (vs NT$0.063 loss in 1Q 2023)First quarter 2024 results: NT$0.34 loss per share (further deteriorated from NT$0.063 loss in 1Q 2023). Revenue: NT$121.0m (down 3.3% from 1Q 2023). Net loss: NT$17.0m (loss widened 436% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.New Risk • Apr 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (NT$613.8m market cap, or US$19.1m).Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.59 loss per share (vs NT$0.27 loss in FY 2022)Full year 2023 results: NT$0.59 loss per share (further deteriorated from NT$0.27 loss in FY 2022). Revenue: NT$510.6m (down 14% from FY 2022). Net loss: NT$29.8m (loss widened 117% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 20, 2024Associated Industries China, Inc., Annual General Meeting, Jun 20, 2024. Location: 4F., No.19-11, Sanchong Rd., Nangang Dist., Taipei City 115, Taiwan Taipei City Taiwan Agenda: To discuss 2023 Business Report; to discuss 2023 Audit Committee's Review Report; to discuss 2023 distribution of remuneration to employees and directors; to discuss 2023 Director's Remuneration Report; to discuss Status of Loaning Funds to Others of 2023; to discuss Status of Endorsement and Guarantee of 2023; and to discuss other matters.New Risk • Jan 24New 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: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$617.0m market cap, or US$19.7m).Reported Earnings • Aug 18Second quarter 2023 earnings released: NT$0.15 loss per share (vs NT$0.048 loss in 2Q 2022)Second quarter 2023 results: NT$0.15 loss per share (further deteriorated from NT$0.048 loss in 2Q 2022). Revenue: NT$124.5m (down 24% from 2Q 2022). Net loss: NT$7.65m (loss widened 217% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% 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 • Mar 31Full year 2022 earnings released: NT$0.27 loss per share (vs NT$0.37 profit in FY 2021)Full year 2022 results: NT$0.27 loss per share (down from NT$0.37 profit in FY 2021). Revenue: NT$594.4m (down 6.0% from FY 2021). Net loss: NT$13.8m (down 175% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.007 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.02 (up from NT$0.007 in 3Q 2021). Revenue: NT$146.7m (up 4.5% from 3Q 2021). Net income: NT$1.14m (up 236% from 3Q 2021). Profit margin: 0.8% (up from 0.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$9.63, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 7.0% over the past three years.Reported Earnings • Aug 18Second quarter 2022 earnings released: NT$0.05 loss per share (vs NT$0.20 profit in 2Q 2021)Second quarter 2022 results: NT$0.05 loss per share (down from NT$0.20 profit in 2Q 2021). Revenue: NT$163.0m (down 6.1% from 2Q 2021). Net loss: NT$2.41m (down 124% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$10.85, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 24% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.06 loss per share (vs NT$0.078 loss in 1Q 2021)First quarter 2022 results: NT$0.06 loss per share (up from NT$0.078 loss in 1Q 2021). Revenue: NT$146.6m (up 12% from 1Q 2021). Net loss: NT$3.17m (loss narrowed 18% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: NT$0.37 (vs NT$0.77 loss in FY 2020)Full year 2021 results: EPS: NT$0.37 (up from NT$0.77 loss in FY 2020). Revenue: NT$632.3m (up 17% from FY 2020). Net income: NT$18.2m (up NT$56.5m from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Mar 23Associated Industries China, Inc., Annual General Meeting, Jun 22, 2022Associated Industries China, Inc., Annual General Meeting, Jun 22, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.01 (vs NT$0.015 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$140.3m (down 2.5% from 3Q 2020). Net income: NT$338.0k (down 55% from 3Q 2020). Profit margin: 0.2% (down from 0.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Sep 15Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 14Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 13Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 11Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 08Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 03Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Aug 29Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.28 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$173.6m (up 68% from 2Q 2020). Net income: NT$10.1m (up NT$24.3m from 2Q 2020). Profit margin: 5.8% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Executive Departure • Jul 23Chairman Yu Yun has left the companyOn the 21st of July, Yu Yun's tenure as Chairman ended. We don't have any record of a personal shareholding under Yu's name. Yu is the only executive to leave the company over the last 12 months.Reported Earnings • May 17First quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.24 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$131.1m (up 6.2% from 1Q 2020). Net loss: NT$3.88m (loss narrowed 68% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.分析記事 • Apr 06We Think Associated Industries China (TPE:9912) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.77 loss per share (vs NT$2.20 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$539.0m (down 9.8% from FY 2019). Net loss: NT$38.2m (loss narrowed 66% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.お知らせ • Mar 18Associated Industries China, Inc., Annual General Meeting, Jun 18, 2021Associated Industries China, Inc., Annual General Meeting, Jun 18, 2021. Location: 4F., No.19-11, Sanchong Rd., Nangang Dist Taipei City Taiwan Agenda: To consider 2020 business report; to 2020 audit committee's review report; to 2020 distribution of remuneration to employees and directors; to the company's 2020 business report and financial statements; to the company's 2020 distribution of loss; to amend the company's rules for election of directors; and to consider other matter.Is New 90 Day High Low • Mar 12New 90-day high: NT$10.70The company is up 40% from its price of NT$7.65 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 10.0% over the same period.Is New 90 Day High Low • Dec 21New 90-day high: NT$8.33The company is up 4.0% from its price of NT$8.00 on 22 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Tech industry, which is also up 4.0% over the same period.分析記事 • Dec 18Would Associated Industries China (TPE:9912) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.02The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$144.0m (flat on 3Q 2019). Net income: NT$746.0k (up NT$10.5m from 3Q 2019). Profit margin: 0.5% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 114% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.決済の安定と成長配当データの取得安定した配当: 9912の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 9912の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Associated Industries China 配当利回り対市場9912 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (9912)0%市場下位25% (TW)1.3%市場トップ25% (TW)4.9%業界平均 (Tech)2.7%アナリスト予想 (9912) (最長3年)n/a注目すべき配当: 9912は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 9912は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 9912 TW市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 9912が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/06/22 04:16終値2026/06/22 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Associated Industries China, Inc. 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
Reported Earnings • May 19First quarter 2026 earnings released: NT$0.19 loss per share (vs NT$0.50 loss in 1Q 2025)First quarter 2026 results: NT$0.19 loss per share (improved from NT$0.50 loss in 1Q 2025). Revenue: NT$113.1m (down 2.5% from 1Q 2025). Net loss: NT$10.2m (loss narrowed 62% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: NT$1.12 loss per share (vs NT$0.98 loss in FY 2024)Full year 2025 results: NT$1.12 loss per share (further deteriorated from NT$0.98 loss in FY 2024). Revenue: NT$506.4m (flat on FY 2024). Net loss: NT$59.7m (loss widened 16% from FY 2024). 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 7% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 18, 2026Associated Industries China, Inc., Annual General Meeting, Jun 18, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan
New Risk • Nov 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$82m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$82m free cash flow). Earnings have declined by 24% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$650.1m market cap, or US$20.8m).
Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.18 loss in 3Q 2024)Third quarter 2025 results: NT$0.27 loss per share (further deteriorated from NT$0.18 loss in 3Q 2024). Revenue: NT$120.4m (down 9.4% from 3Q 2024). Net loss: NT$14.3m (loss widened 45% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings have declined by 3.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$669.5m market cap, or US$22.3m).
Reported Earnings • May 19First quarter 2025 earnings released: NT$0.50 loss per share (vs NT$0.34 loss in 1Q 2024)First quarter 2025 results: NT$0.50 loss per share (further deteriorated from NT$0.34 loss in 1Q 2024). Revenue: NT$116.0m (down 4.2% from 1Q 2024). Net loss: NT$26.8m (loss widened 57% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Associated Industries China, Inc. to Report Q1, 2025 Results on May 07, 2025Associated Industries China, Inc. announced that they will report Q1, 2025 results on May 07, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.98 loss per share (vs NT$0.59 loss in FY 2023)Full year 2024 results: NT$0.98 loss per share (further deteriorated from NT$0.59 loss in FY 2023). Revenue: NT$504.5m (down 1.2% from FY 2023). Net loss: NT$51.6m (loss widened 73% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 18, 2025Associated Industries China, Inc., Annual General Meeting, Jun 18, 2025. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan
New Risk • Nov 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$98m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-NT$98m free cash flow). Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (NT$672.3m market cap, or US$20.7m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.079 loss in 3Q 2023)Third quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.079 loss in 3Q 2023). Revenue: NT$132.9m (down 1.1% from 3Q 2023). Net loss: NT$9.91m (loss widened 149% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 30Associated Industries China, Inc. to Report Q3, 2024 Results on Nov 06, 2024Associated Industries China, Inc. announced that they will report Q3, 2024 results on Nov 06, 2024
New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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: Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (NT$723.4m market cap, or US$22.7m).
Reported Earnings • Aug 18Second quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.14 loss per share. Revenue: NT$128.6m (up 3.3% from 2Q 2023). Net loss: NT$7.95m (loss widened 3.9% from 2Q 2023).
分析記事 • Aug 13Is Associated Industries China (TWSE:9912) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Jul 31Associated Industries China, Inc. to Report Q2, 2024 Results on Aug 07, 2024Associated Industries China, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.34 loss per share (vs NT$0.063 loss in 1Q 2023)First quarter 2024 results: NT$0.34 loss per share (further deteriorated from NT$0.063 loss in 1Q 2023). Revenue: NT$121.0m (down 3.3% from 1Q 2023). Net loss: NT$17.0m (loss widened 436% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
New Risk • Apr 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (NT$613.8m market cap, or US$19.1m).
Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.59 loss per share (vs NT$0.27 loss in FY 2022)Full year 2023 results: NT$0.59 loss per share (further deteriorated from NT$0.27 loss in FY 2022). Revenue: NT$510.6m (down 14% from FY 2022). Net loss: NT$29.8m (loss widened 117% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Associated Industries China, Inc., Annual General Meeting, Jun 20, 2024Associated Industries China, Inc., Annual General Meeting, Jun 20, 2024. Location: 4F., No.19-11, Sanchong Rd., Nangang Dist., Taipei City 115, Taiwan Taipei City Taiwan Agenda: To discuss 2023 Business Report; to discuss 2023 Audit Committee's Review Report; to discuss 2023 distribution of remuneration to employees and directors; to discuss 2023 Director's Remuneration Report; to discuss Status of Loaning Funds to Others of 2023; to discuss Status of Endorsement and Guarantee of 2023; and to discuss other matters.
New Risk • Jan 24New 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: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (NT$617.0m market cap, or US$19.7m).
Reported Earnings • Aug 18Second quarter 2023 earnings released: NT$0.15 loss per share (vs NT$0.048 loss in 2Q 2022)Second quarter 2023 results: NT$0.15 loss per share (further deteriorated from NT$0.048 loss in 2Q 2022). Revenue: NT$124.5m (down 24% from 2Q 2022). Net loss: NT$7.65m (loss widened 217% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% 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 • Mar 31Full year 2022 earnings released: NT$0.27 loss per share (vs NT$0.37 profit in FY 2021)Full year 2022 results: NT$0.27 loss per share (down from NT$0.37 profit in FY 2021). Revenue: NT$594.4m (down 6.0% from FY 2021). Net loss: NT$13.8m (down 175% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.007 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.02 (up from NT$0.007 in 3Q 2021). Revenue: NT$146.7m (up 4.5% from 3Q 2021). Net income: NT$1.14m (up 236% from 3Q 2021). Profit margin: 0.8% (up from 0.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$9.63, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total returns to shareholders of 7.0% over the past three years.
Reported Earnings • Aug 18Second quarter 2022 earnings released: NT$0.05 loss per share (vs NT$0.20 profit in 2Q 2021)Second quarter 2022 results: NT$0.05 loss per share (down from NT$0.20 profit in 2Q 2021). Revenue: NT$163.0m (down 6.1% from 2Q 2021). Net loss: NT$2.41m (down 124% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$10.85, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 13x in the Tech industry in Taiwan. Total returns to shareholders of 24% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.06 loss per share (vs NT$0.078 loss in 1Q 2021)First quarter 2022 results: NT$0.06 loss per share (up from NT$0.078 loss in 1Q 2021). Revenue: NT$146.6m (up 12% from 1Q 2021). Net loss: NT$3.17m (loss narrowed 18% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: NT$0.37 (vs NT$0.77 loss in FY 2020)Full year 2021 results: EPS: NT$0.37 (up from NT$0.77 loss in FY 2020). Revenue: NT$632.3m (up 17% from FY 2020). Net income: NT$18.2m (up NT$56.5m from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Mar 23Associated Industries China, Inc., Annual General Meeting, Jun 22, 2022Associated Industries China, Inc., Annual General Meeting, Jun 22, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.01 (vs NT$0.015 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$140.3m (down 2.5% from 3Q 2020). Net income: NT$338.0k (down 55% from 3Q 2020). Profit margin: 0.2% (down from 0.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Sep 15Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 14Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 13Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 11Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 08Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 03Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Aug 29Less 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 Kuo-Hua Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.21 (vs NT$0.28 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$173.6m (up 68% from 2Q 2020). Net income: NT$10.1m (up NT$24.3m from 2Q 2020). Profit margin: 5.8% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Executive Departure • Jul 23Chairman Yu Yun has left the companyOn the 21st of July, Yu Yun's tenure as Chairman ended. We don't have any record of a personal shareholding under Yu's name. Yu is the only executive to leave the company over the last 12 months.
Reported Earnings • May 17First quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.24 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$131.1m (up 6.2% from 1Q 2020). Net loss: NT$3.88m (loss narrowed 68% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 06We Think Associated Industries China (TPE:9912) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.77 loss per share (vs NT$2.20 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$539.0m (down 9.8% from FY 2019). Net loss: NT$38.2m (loss narrowed 66% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 18Associated Industries China, Inc., Annual General Meeting, Jun 18, 2021Associated Industries China, Inc., Annual General Meeting, Jun 18, 2021. Location: 4F., No.19-11, Sanchong Rd., Nangang Dist Taipei City Taiwan Agenda: To consider 2020 business report; to 2020 audit committee's review report; to 2020 distribution of remuneration to employees and directors; to the company's 2020 business report and financial statements; to the company's 2020 distribution of loss; to amend the company's rules for election of directors; and to consider other matter.
Is New 90 Day High Low • Mar 12New 90-day high: NT$10.70The company is up 40% from its price of NT$7.65 on 11 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Dec 21New 90-day high: NT$8.33The company is up 4.0% from its price of NT$8.00 on 22 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Tech industry, which is also up 4.0% over the same period.
分析記事 • Dec 18Would Associated Industries China (TPE:9912) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.02The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$144.0m (flat on 3Q 2019). Net income: NT$746.0k (up NT$10.5m from 3Q 2019). Profit margin: 0.5% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 114% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.