Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: NT$1.05 (vs NT$0.62 in FY 2024) Full year 2025 results: EPS: NT$1.05 (up from NT$0.62 in FY 2024). Revenue: NT$1.23b (up 30% from FY 2024). Net income: NT$231.9m (up 78% from FY 2024). Profit margin: 19% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$23.05, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 26x in the Renewable Energy industry in Taiwan. Total loss to shareholders of 32% over the past year. お知らせ • Mar 05
Ina Energy Corporation, Annual General Meeting, Jun 11, 2026 Ina Energy Corporation, Annual General Meeting, Jun 11, 2026, at 10:30 Taipei Standard Time. Location: 1 floor no,463, hsing shan rd., neihu district, taipei city Taiwan New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$24.00, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 24x in the Renewable Energy industry in Taiwan. Total loss to shareholders of 47% over the past year. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$24.40, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 28x in the Renewable Energy industry in Taiwan. Total loss to shareholders of 53% over the past year. New Risk • Aug 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 18
Full year 2024 earnings released: EPS: NT$0.62 (vs NT$0.55 in FY 2023) Full year 2024 results: EPS: NT$0.62 (up from NT$0.55 in FY 2023). Revenue: NT$949.3m (up 25% from FY 2023). Net income: NT$129.9m (up 19% from FY 2023). Profit margin: 14% (in line with FY 2023). New Risk • Apr 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.0% 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 Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to NT$32.80, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 21x in the Renewable Energy industry in Taiwan. Buy Or Sell Opportunity • Mar 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to NT$40.15. The fair value is estimated to be NT$51.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 70% over the last year. Earnings per share has grown by 61%. お知らせ • Mar 28
Ina Energy Corporation, Annual General Meeting, Jun 13, 2025 Ina Energy Corporation, Annual General Meeting, Jun 13, 2025, at 10:30 Taipei Standard Time. Location: 2 floor no,463, hsing shan rd., neihu district, taipei city Taiwan New Risk • Mar 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$52.50, the stock trades at a trailing P/E ratio of 72.9x. Average trailing P/E is 40x in the Renewable Energy industry in Taiwan.