View Financial HealthChing Chan Optical Technology 배당 및 자사주 매입배당 기준 점검 3/6Ching Chan Optical Technology 수익으로 충분히 충당되는 현재 수익률 2.48% 보유한 배당금 지급 회사입니다. 다음 지급일은 22nd September, 2026 이며 배당락일은 다음과 같습니다. 24th August, 2026.핵심 정보2.5%배당 수익률-8.3%자사주 매입 수익률총 주주 수익률-5.8%미래 배당 수익률n/a배당 성장률1.0%다음 배당 지급일22 Sep 26배당락일24 Aug 26주당 배당금n/a배당 성향33%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Apr 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).Upcoming Dividend • Aug 13Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Upcoming Dividend • Mar 25Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.6%).Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 24 September 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).Upcoming Dividend • Mar 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (2.6%).Upcoming Dividend • Apr 05Upcoming dividend of NT$1.50 per share at 4.0% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (3.1%).모든 업데이트 보기Recent updatesReported Earnings • Aug 15Second quarter 2026 earnings released: EPS: NT$0.96 (vs NT$0.071 in 2Q 2025)Second quarter 2026 results: EPS: NT$0.96 (up from NT$0.071 in 2Q 2025). Revenue: NT$190.2m (up 26% from 2Q 2025). Net income: NT$40.3m (up NT$37.7m from 2Q 2025). Profit margin: 21% (up from 1.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$44.30, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 63% over the past three years.New Risk • Jun 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$2.75b market cap, or US$87.1m).New Risk • Jun 03New 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 9.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (NT$2.40b market cap, or US$76.3m).Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$81.30, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 193% over the past three years.Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.29 (vs NT$0.43 in 1Q 2025)First quarter 2026 results: EPS: NT$0.29 (down from NT$0.43 in 1Q 2025). Revenue: NT$157.5m (up 8.2% from 1Q 2025). Net income: NT$10.5m (down 33% from 1Q 2025). Profit margin: 6.7% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$62.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 31x in the Machinery industry in Taiwan. Total returns to shareholders of 115% over the past three years.Buy Or Sell Opportunity • Apr 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$55.20. The fair value is estimated to be NT$44.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 7.1%.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$45.65, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 57% over the past three years.Upcoming Dividend • Apr 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.30 (vs NT$2.97 in FY 2024)Full year 2025 results: EPS: NT$2.30 (down from NT$2.97 in FY 2024). Revenue: NT$694.2m (down 3.0% from FY 2024). Net income: NT$82.2m (down 23% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공고 • Mar 12Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 09, 2026Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 1 floor no,58 ln.110, chung hsiao st., hunei district, kaohsiung city TaiwanReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.74 (vs NT$0.61 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.74 (up from NT$0.61 in 3Q 2024). Revenue: NT$184.4m (down 13% from 3Q 2024). Net income: NT$26.4m (up 20% from 3Q 2024). Profit margin: 14% (up from 10% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.New Risk • Oct 03New 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 6.5% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin). Market cap is less than US$100m (NT$1.74b market cap, or US$57.3m).Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$45.75, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.Upcoming Dividend • Aug 13Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.98 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.07 (down from NT$0.98 in 2Q 2024). Revenue: NT$151.5m (down 17% from 2Q 2024). Net income: NT$2.55m (down 93% from 2Q 2024). Profit margin: 1.7% (down from 19% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$45.40, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past three years.New Risk • Aug 04New 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 6.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.54b market cap, or US$51.6m).Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.67 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (down from NT$0.67 in 1Q 2024). Revenue: NT$145.5m (flat on 1Q 2024). Net income: NT$15.6m (down 35% from 1Q 2024). Profit margin: 11% (down from 16% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$45.85, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 48% over the past three years.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$2.97 (vs NT$2.25 in FY 2023)Full year 2024 results: EPS: NT$2.97 (up from NT$2.25 in FY 2023). Revenue: NT$715.4m (up 15% from FY 2023). Net income: NT$106.3m (up 32% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 25Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.6%).공고 • Mar 13Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 05, 2025. Location: 1 floor no,58 ln.110, chung hsiao st., hunei district, kaohsiung city TaiwanValuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$84.80, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.66 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.61 (down from NT$0.66 in 3Q 2023). Revenue: NT$210.7m (up 42% from 3Q 2023). Net income: NT$22.0m (down 7.0% from 3Q 2023). Profit margin: 10% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Market cap is less than US$100m (NT$3.15b market cap, or US$98.1m).Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$94.50, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 227% over the past three years.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$73.00, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 162% over the past three years.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$84.00, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 127% over the past three years.Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 24 September 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.98 (vs NT$0.20 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.98 (up from NT$0.20 in 2Q 2023). Revenue: NT$183.1m (up 31% from 2Q 2023). Net income: NT$35.2m (up 398% from 2Q 2023). Profit margin: 19% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$62.80, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 166% over the past three years.New Risk • Jul 11New 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 8.6% 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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Dividend is not well covered by cash flows (198% cash payout ratio). Market cap is less than US$100m (NT$1.82b market cap, or US$56.0m).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$47.85, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 95% over the past three years.New Risk • May 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 6.7% 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 Dividend is not well covered by cash flows (198% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.36b market cap, or US$42.4m).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.67 (vs NT$0.099 in 1Q 2023)First quarter 2024 results: EPS: NT$0.67 (up from NT$0.099 in 1Q 2023). Revenue: NT$146.7m (up 16% from 1Q 2023). Net income: NT$24.1m (up NT$20.6m from 1Q 2023). Profit margin: 16% (up from 2.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$2.25 (vs NT$2.32 in FY 2022)Full year 2023 results: EPS: NT$2.25 (down from NT$2.32 in FY 2022). Revenue: NT$622.3m (up 3.1% from FY 2022). Net income: NT$80.7m (down 2.8% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.20 (vs NT$0.11 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.20 (up from NT$0.11 in 2Q 2022). Revenue: NT$139.9m (down 1.4% from 2Q 2022). Net income: NT$7.06m (up 85% from 2Q 2022). Profit margin: 5.0% (up from 2.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be NT$39.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be NT$40.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Apr 05Upcoming dividend of NT$1.50 per share at 4.0% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (3.1%).Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$0.84 (vs NT$0.31 in 1Q 2021)First quarter 2022 results: EPS: NT$0.84 (up from NT$0.31 in 1Q 2021). Revenue: NT$116.3m (down 20% from 1Q 2021). Net income: NT$30.2m (up 170% from 1Q 2021). Profit margin: 26% (up from 7.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 31Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.60 (vs NT$0.024 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$143.6m (up 47% from 3Q 2020). Net income: NT$21.3m (up NT$22.2m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$33.50, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total loss to shareholders of 5.0% over the past three years.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$33.55, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total loss to shareholders of 8.9% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.60 (vs NT$1.15 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$135.7m (up 57% from 2Q 2020). Net income: NT$21.6m (up NT$62.7m from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 29Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.6%).Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.64 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$144.4m (up 9.1% from 1Q 2020). Net income: NT$11.2m (up NT$34.1m from 1Q 2020). Profit margin: 7.7% (up from net loss in 1Q 2020). 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 • Mar 25Full year 2020 earnings released: NT$1.45 loss per share (vs NT$0.56 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$468.4m (down 23% from FY 2019). Net loss: NT$51.9m (down 353% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.공고 • Mar 20Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 07, 2021Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 07, 2021.분석 기사 • Feb 21Is Ching Chan Optical Technology (GTSM:2070) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Is New 90 Day High Low • Jan 15New 90-day high: NT$28.95The company is up 16% from its price of NT$24.85 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 27% over the same period.분석 기사 • Dec 30Zooming in on GTSM:2070's 1.8% Dividend YieldToday we'll take a closer look at Ching Chan Optical Technology Co., Ltd. ( GTSM:2070 ) from a dividend investor's...Is New 90 Day High Low • Dec 09New 90-day high: NT$27.35The company is up 5.0% from its price of NT$26.05 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period.Reported Earnings • Nov 09Third quarter 2020 earnings released: NT$0.02 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$97.6m (down 34% from 3Q 2019). Net loss: NT$876.0k (loss narrowed 90% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 05New 90-day low: NT$23.50The company is down 19% from its price of NT$29.00 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period.Is New 90 Day High Low • Oct 14New 90-day low: NT$24.95The company is down 17% from its price of NT$30.00 on 16 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$25.60The company is down 20% from its price of NT$32.00 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.예정된 배당 지급오늘Aug 17 2026배당락일Aug 24 2026배당 지급일Sep 22 202629 days (배당락일 기준)다음 배당금을 받으려면 앞으로 6 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2070 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 2070 의 배당금 지급이 증가했지만 회사는 9 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Ching Chan Optical Technology 배당 수익률 vs 시장2070의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2070)2.5%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.1%업계 평균 (Machinery)1.7%분석가 예측 (2070) (최대 3년)n/a주목할만한 배당금: 2070 의 배당금( 2.48% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.5% )보다 높습니다.고배당: 2070 의 배당금( 2.48% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.07% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 32.8% )로 2070 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 72.4% )로 2070 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/16 13:21종가2026/08/14 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Ching Chan Optical Technology Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Iris LinSinoPac Securities Investment Service
Upcoming Dividend • Apr 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).
Upcoming Dividend • Aug 13Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Upcoming Dividend • Mar 25Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.6%).
Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 24 September 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).
Upcoming Dividend • Mar 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (2.6%).
Upcoming Dividend • Apr 05Upcoming dividend of NT$1.50 per share at 4.0% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (3.1%).
Reported Earnings • Aug 15Second quarter 2026 earnings released: EPS: NT$0.96 (vs NT$0.071 in 2Q 2025)Second quarter 2026 results: EPS: NT$0.96 (up from NT$0.071 in 2Q 2025). Revenue: NT$190.2m (up 26% from 2Q 2025). Net income: NT$40.3m (up NT$37.7m from 2Q 2025). Profit margin: 21% (up from 1.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$44.30, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 63% over the past three years.
New Risk • Jun 16New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$2.75b market cap, or US$87.1m).
New Risk • Jun 03New 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 9.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (NT$2.40b market cap, or US$76.3m).
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$81.30, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 193% over the past three years.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.29 (vs NT$0.43 in 1Q 2025)First quarter 2026 results: EPS: NT$0.29 (down from NT$0.43 in 1Q 2025). Revenue: NT$157.5m (up 8.2% from 1Q 2025). Net income: NT$10.5m (down 33% from 1Q 2025). Profit margin: 6.7% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$62.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 31x in the Machinery industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Buy Or Sell Opportunity • Apr 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$55.20. The fair value is estimated to be NT$44.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 7.1%.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$45.65, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 57% over the past three years.
Upcoming Dividend • Apr 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 April 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.3%).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.30 (vs NT$2.97 in FY 2024)Full year 2025 results: EPS: NT$2.30 (down from NT$2.97 in FY 2024). Revenue: NT$694.2m (down 3.0% from FY 2024). Net income: NT$82.2m (down 23% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공고 • Mar 12Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 09, 2026Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 1 floor no,58 ln.110, chung hsiao st., hunei district, kaohsiung city Taiwan
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.74 (vs NT$0.61 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.74 (up from NT$0.61 in 3Q 2024). Revenue: NT$184.4m (down 13% from 3Q 2024). Net income: NT$26.4m (up 20% from 3Q 2024). Profit margin: 14% (up from 10% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
New Risk • Oct 03New 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 6.5% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin). Market cap is less than US$100m (NT$1.74b market cap, or US$57.3m).
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$45.75, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Upcoming Dividend • Aug 13Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.98 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.07 (down from NT$0.98 in 2Q 2024). Revenue: NT$151.5m (down 17% from 2Q 2024). Net income: NT$2.55m (down 93% from 2Q 2024). Profit margin: 1.7% (down from 19% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$45.40, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past three years.
New Risk • Aug 04New 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 6.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.54b market cap, or US$51.6m).
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.67 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (down from NT$0.67 in 1Q 2024). Revenue: NT$145.5m (flat on 1Q 2024). Net income: NT$15.6m (down 35% from 1Q 2024). Profit margin: 11% (down from 16% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$45.85, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$2.97 (vs NT$2.25 in FY 2023)Full year 2024 results: EPS: NT$2.97 (up from NT$2.25 in FY 2023). Revenue: NT$715.4m (up 15% from FY 2023). Net income: NT$106.3m (up 32% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 25Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 05 May 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.6%).
공고 • Mar 13Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 05, 2025Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 05, 2025. Location: 1 floor no,58 ln.110, chung hsiao st., hunei district, kaohsiung city Taiwan
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$84.80, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 192% over the past three years.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.66 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.61 (down from NT$0.66 in 3Q 2023). Revenue: NT$210.7m (up 42% from 3Q 2023). Net income: NT$22.0m (down 7.0% from 3Q 2023). Profit margin: 10% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Dividend is not well covered by cash flows (241% cash payout ratio). Market cap is less than US$100m (NT$3.15b market cap, or US$98.1m).
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$94.50, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 227% over the past three years.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$73.00, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 162% over the past three years.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$84.00, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 127% over the past three years.
Upcoming Dividend • Aug 21Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 24 September 2024. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.98 (vs NT$0.20 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.98 (up from NT$0.20 in 2Q 2023). Revenue: NT$183.1m (up 31% from 2Q 2023). Net income: NT$35.2m (up 398% from 2Q 2023). Profit margin: 19% (up from 5.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$62.80, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 166% over the past three years.
New Risk • Jul 11New 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 8.6% 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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Dividend is not well covered by cash flows (198% cash payout ratio). Market cap is less than US$100m (NT$1.82b market cap, or US$56.0m).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$47.85, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 95% over the past three years.
New Risk • May 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 6.7% 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 Dividend is not well covered by cash flows (198% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.36b market cap, or US$42.4m).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.67 (vs NT$0.099 in 1Q 2023)First quarter 2024 results: EPS: NT$0.67 (up from NT$0.099 in 1Q 2023). Revenue: NT$146.7m (up 16% from 1Q 2023). Net income: NT$24.1m (up NT$20.6m from 1Q 2023). Profit margin: 16% (up from 2.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$2.25 (vs NT$2.32 in FY 2022)Full year 2023 results: EPS: NT$2.25 (down from NT$2.32 in FY 2022). Revenue: NT$622.3m (up 3.1% from FY 2022). Net income: NT$80.7m (down 2.8% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 03 May 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.20 (vs NT$0.11 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.20 (up from NT$0.11 in 2Q 2022). Revenue: NT$139.9m (down 1.4% from 2Q 2022). Net income: NT$7.06m (up 85% from 2Q 2022). Profit margin: 5.0% (up from 2.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be NT$39.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.9%. The fair value is estimated to be NT$40.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Apr 05Upcoming dividend of NT$1.50 per share at 4.0% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (3.1%).
Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$0.84 (vs NT$0.31 in 1Q 2021)First quarter 2022 results: EPS: NT$0.84 (up from NT$0.31 in 1Q 2021). Revenue: NT$116.3m (down 20% from 1Q 2021). Net income: NT$30.2m (up 170% from 1Q 2021). Profit margin: 26% (up from 7.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 31Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.60 (vs NT$0.024 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$143.6m (up 47% from 3Q 2020). Net income: NT$21.3m (up NT$22.2m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$33.50, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total loss to shareholders of 5.0% over the past three years.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$33.55, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total loss to shareholders of 8.9% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.60 (vs NT$1.15 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$135.7m (up 57% from 2Q 2020). Net income: NT$21.6m (up NT$62.7m from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 29Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.6%).
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.64 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$144.4m (up 9.1% from 1Q 2020). Net income: NT$11.2m (up NT$34.1m from 1Q 2020). Profit margin: 7.7% (up from net loss in 1Q 2020). 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 • Mar 25Full year 2020 earnings released: NT$1.45 loss per share (vs NT$0.56 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$468.4m (down 23% from FY 2019). Net loss: NT$51.9m (down 353% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
공고 • Mar 20Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 07, 2021Ching Chan Optical Technology Co., Ltd., Annual General Meeting, Jun 07, 2021.
분석 기사 • Feb 21Is Ching Chan Optical Technology (GTSM:2070) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is New 90 Day High Low • Jan 15New 90-day high: NT$28.95The company is up 16% from its price of NT$24.85 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 27% over the same period.
분석 기사 • Dec 30Zooming in on GTSM:2070's 1.8% Dividend YieldToday we'll take a closer look at Ching Chan Optical Technology Co., Ltd. ( GTSM:2070 ) from a dividend investor's...
Is New 90 Day High Low • Dec 09New 90-day high: NT$27.35The company is up 5.0% from its price of NT$26.05 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period.
Reported Earnings • Nov 09Third quarter 2020 earnings released: NT$0.02 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$97.6m (down 34% from 3Q 2019). Net loss: NT$876.0k (loss narrowed 90% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 05New 90-day low: NT$23.50The company is down 19% from its price of NT$29.00 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Oct 14New 90-day low: NT$24.95The company is down 17% from its price of NT$30.00 on 16 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$25.60The company is down 20% from its price of NT$32.00 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period.