Reported Earnings • May 07
First quarter 2026 earnings released: NT$1.00 loss per share (vs NT$0.13 profit in 1Q 2025) First quarter 2026 results: NT$1.00 loss per share (down from NT$0.13 profit in 1Q 2025). Revenue: NT$30.4m (down 83% from 1Q 2025). Net loss: NT$66.6m (down NT$74.6m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. 공시 • Mar 11
Coplus Inc., Annual General Meeting, May 27, 2026 Coplus Inc., Annual General Meeting, May 27, 2026, at 10:30 Taipei Standard Time. Location: no,50, k`o chi 2nd rd., an nan district, tainan city Taiwan Reported Earnings • Mar 11
Full year 2025 earnings released: NT$0.84 loss per share (vs NT$1.06 loss in FY 2024) Full year 2025 results: NT$0.84 loss per share (improved from NT$1.06 loss in FY 2024). Revenue: NT$477.8m (down 25% from FY 2024). Net loss: NT$53.4m (loss narrowed 21% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Third quarter 2025 earnings released: NT$0.29 loss per share (vs NT$0.044 loss in 3Q 2024) Third quarter 2025 results: NT$0.29 loss per share (further deteriorated from NT$0.044 loss in 3Q 2024). Revenue: NT$107.8m (down 38% from 3Q 2024). Net loss: NT$18.3m (loss widened NT$15.5m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.092 loss in 2Q 2024) Second quarter 2025 results: EPS: NT$0.05 (up from NT$0.092 loss in 2Q 2024). Revenue: NT$136.3m (down 31% from 2Q 2024). Net income: NT$3.30m (up NT$9.17m from 2Q 2024). Profit margin: 2.4% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.13 (vs NT$0.56 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.13 (up from NT$0.56 loss in 1Q 2024). Revenue: NT$182.7m (up 69% from 1Q 2024). Net income: NT$8.04m (up NT$43.6m from 1Q 2024). Profit margin: 4.4% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. 공시 • May 06
Coplus Inc. to Report Q1, 2025 Results on May 13, 2025 Coplus Inc. announced that they will report Q1, 2025 results on May 13, 2025 공시 • Apr 01
Coplus Inc. Announces Resignation of Wu Po-Hua as Chief Executive Officer, Effective March 31, 2025 On March 31, 2025, Coplus Inc. announced resignation of Wu Po-Hua as chief executive officer, effective March 31, 2025. Reason for the change: Resigned as CEO, but remains as Chairman of the Board. Reported Earnings • Mar 03
Full year 2024 earnings released: NT$1.06 loss per share (vs NT$0.78 loss in FY 2023) Full year 2024 results: NT$1.06 loss per share (further deteriorated from NT$0.78 loss in FY 2023). Revenue: NT$632.8m (up 15% from FY 2023). Net loss: NT$67.5m (loss widened 42% 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. 공시 • Feb 20
Coplus Inc. to Report Fiscal Year 2024 Results on Feb 25, 2025 Coplus Inc. announced that they will report fiscal year 2024 results on Feb 25, 2025 공시 • Jan 26
Coplus Inc. Announces Resignation of Lu Zheng Wei as General Manager Coplus Inc. announced the changes in the company's General Manager. Name of the previous position holder: LU ZHENG WEI. Resume of the previous position holder: Master's in Management from the University of Liverpool, UK General Manager of this company. Reason for the change: Resignation. Date of the board of directors resolution or date of occurrence of the change is January 1, 2025. Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.04 loss per share (vs NT$0.004 loss in 3Q 2023) Third quarter 2024 results: NT$0.04 loss per share (further deteriorated from NT$0.004 loss in 3Q 2023). Revenue: NT$174.0m (down 1.0% from 3Q 2023). Net loss: NT$2.80m (loss widened NT$2.55m from 3Q 2023). New Risk • Nov 14
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 6.4% 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 Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (5.9% increase in shares outstanding). 공시 • Nov 05
Coplus Inc. to Report Q3, 2024 Results on Nov 12, 2024 Coplus Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.39 loss in 2Q 2023) Second quarter 2024 results: NT$0.09 loss per share (improved from NT$0.39 loss in 2Q 2023). Revenue: NT$198.4m (up 118% from 2Q 2023). Net loss: NT$5.87m (loss narrowed 75% from 2Q 2023). 공시 • Aug 07
Coplus Inc. to Report Q2, 2024 Results on Aug 13, 2024 Coplus Inc. announced that they will report Q2, 2024 results on Aug 13, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.56 loss per share (vs NT$0.063 profit in 1Q 2023) First quarter 2024 results: NT$0.56 loss per share (down from NT$0.063 profit in 1Q 2023). Revenue: NT$108.0m (down 28% from 1Q 2023). Net loss: NT$35.5m (down NT$39.3m from profit in 1Q 2023). 공시 • May 02
Coplus Inc. to Report Q1, 2024 Results on May 09, 2024 Coplus Inc. announced that they will report Q1, 2024 results on May 09, 2024 New Risk • Mar 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% 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 Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Reported Earnings • Mar 20
Full year 2023 earnings released: NT$0.78 loss per share (vs NT$2.46 profit in FY 2022) Full year 2023 results: NT$0.78 loss per share (down from NT$2.46 profit in FY 2022). Revenue: NT$549.7m (down 41% from FY 2022). Net loss: NT$47.6m (down 132% from profit in FY 2022). 공시 • Mar 14
Coplus Inc., Annual General Meeting, May 30, 2024 Coplus Inc., Annual General Meeting, May 30, 2024. Location: No. 50, Keji 2nd Road AnNan District Tainan City Taiwan Agenda: To consider the company's 2023 Business Report; to consider audit committee's Review Report in 2023; to consider 2023 Business Report and Financial Statements; to consider distribution of 2023 proposal for Loss Appropriation; and to discuss to approve the lifting of non-competition restrictions for directors of the Company. New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings have declined by 8.4% 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 Risks Debt is not well covered by operating cash flow (1.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$120, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 17x in the Auto Components industry in Taiwan. Total returns to shareholders of 18% over the past year. Upcoming Dividend • Jun 19
Upcoming dividend of NT$0.34 per share at 0.7% yield Eligible shareholders must have bought the stock before 26 June 2023. Payment date: 18 July 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$99.60, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 19x in the Auto Components industry in Taiwan. Total loss to shareholders of 14% over the past year. Reported Earnings • Apr 28
Full year 2022 earnings released Full year 2022 results: Revenue: NT$928.7m (down 20% from FY 2021). Net income: NT$148.7m (down 41% from FY 2021). Profit margin: 16% (down from 22% in FY 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$91.60, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 15x in the Auto Components industry in Taiwan. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$76.30, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 14x in the Auto Components industry in Taiwan. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$0.17 (vs NT$1.53 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.17 (down from NT$1.53 in 3Q 2021). Revenue: NT$138.5m (down 62% from 3Q 2021). Net income: NT$10.2m (down 89% from 3Q 2021). Profit margin: 7.3% (down from 24% in 3Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorated over the past week After last week's 25% share price decline to NT$102, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 17x in the Auto Components industry in Taiwan. Reported Earnings • Aug 15
First half 2022 earnings released: EPS: NT$2.83 (vs NT$1.47 in 1H 2021) First half 2022 results: EPS: NT$2.83 (up from NT$1.47 in 1H 2021). Revenue: NT$653.2m (up 55% from 1H 2021). Net income: NT$142.2m (up 99% from 1H 2021). Profit margin: 22% (up from 17% in 1H 2021). The increase in margin was driven by higher revenue. Buying Opportunity • Aug 03
Now 21% undervalued Over the last 90 days, the stock is up 5.9%. The fair value is estimated to be NT$186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last year. Earnings per share has grown by 149%. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improved over the past week After last week's 42% share price gain to NT$168, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 19x in the Auto Components industry in Taiwan. Buying Opportunity • Jun 07
Now 20% undervalued Over the last 90 days, the stock is up 43%. The fair value is estimated to be NT$342, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last year. Earnings per share has grown by 149%. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 17% share price gain to NT$273, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 18x in the Auto Components industry in Taiwan. Buying Opportunity • Apr 27
Now 21% undervalued Over the last 90 days, the stock is up 35%. The fair value is estimated to be NT$328, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last year. Earnings per share has grown by 149%.