View Financial HealthAblerex Electronics 배당 및 자사주 매입배당 기준 점검 3/6Ablerex Electronics 수익으로 충분히 충당되는 현재 수익률 5.05% 보유한 배당금 지급 회사입니다.핵심 정보5.0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-5.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향78%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).공시 • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).공시 • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.모든 업데이트 보기Recent updatesReported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.19 in 1Q 2025). Revenue: NT$804.2m (up 15% from 1Q 2025). Net income: NT$15.4m (up 80% from 1Q 2025). Profit margin: 1.9% (up from 1.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.02 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$4.02 (up from NT$2.15 in FY 2024). Revenue: NT$3.36b (up 11% from FY 2024). Net income: NT$180.9m (up 87% from FY 2024). Profit margin: 5.4% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.공시 • Mar 12Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city TaiwanNew Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.5m) 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 (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$81.80, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 152% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.15 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.15 (up from NT$0.63 in 3Q 2024). Revenue: NT$997.3m (up 32% from 3Q 2024). Net income: NT$96.8m (up 241% from 3Q 2024). Profit margin: 9.7% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. 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 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 27x in the Electrical industry in Taiwan. Total returns to shareholders of 185% over the past three years.New Risk • Oct 02New 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 6.6% 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 (6.6% average weekly change).Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$61.40, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 89% over the past three years.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.67 (vs NT$0.12 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.67 (up from NT$0.12 in 2Q 2024). Revenue: NT$809.3m (up 14% from 2Q 2024). Net income: NT$30.2m (up 460% from 2Q 2024). Profit margin: 3.7% (up from 0.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.12 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (up from NT$0.12 in 1Q 2024). Revenue: NT$698.1m (up 16% from 1Q 2024). Net income: NT$8.53m (up 57% from 1Q 2024). Profit margin: 1.2% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.공시 • Apr 27Ablerex Electronics Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Ablerex Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$35.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 19% over the past three years.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.95 in FY 2023). Revenue: NT$3.02b (up 3.4% from FY 2023). Net income: NT$96.6m (up 10% from FY 2023). Profit margin: 3.2% (up from 3.0% 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwan공시 • Mar 04Ablerex Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Ablerex Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025New Risk • Jan 29New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (122% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$1.98b market cap, or US$60.4m).Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$48.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total returns to shareholders of 55% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.30 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (up from NT$0.30 in 3Q 2023). Revenue: NT$757.6m (up 24% from 3Q 2023). Net income: NT$28.4m (up 113% from 3Q 2023). Profit margin: 3.8% (up from 2.2% in 3Q 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 whereas the company’s share price has increased by 8% per year.공시 • Oct 26Ablerex Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Ablerex Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (154% payout ratio). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (NT$1.97b market cap, or US$60.6m).Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (down from NT$0.72 in 2Q 2023). Revenue: NT$710.4m (up 3.2% from 2Q 2023). Net income: NT$5.39m (down 84% from 2Q 2023). Profit margin: 0.8% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.공시 • Jul 27Ablerex Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024Ablerex Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.16 in 1Q 2023). Revenue: NT$600.3m (down 11% from 1Q 2023). Net income: NT$5.43m (down 27% from 1Q 2023). Profit margin: 0.9% (down from 1.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Apr 28Ablerex Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Ablerex Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.95 (vs NT$2.55 in FY 2022)Full year 2023 results: EPS: NT$1.95 (down from NT$2.55 in FY 2022). Revenue: NT$2.93b (down 4.3% from FY 2022). Net income: NT$87.7m (down 24% from FY 2022). Profit margin: 3.0% (down from 3.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist The Koos Hotel New Taipei City Taiwan Agenda: To consider 2023 business report; to consider the audit committee's review report on the 2023 financial statements; to consider the 2023 directors' and employees' compensation; to consider adoption of the 2023 business report and financial statement; to consider adoption of the proposal for distribution of 2023 profits; to review and approve the amendments to the rules and procedures of shareholders meeting of the company; and to consider other issues.Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).공시 • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.73 (vs NT$0.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.73 (up from NT$0.22 in 2Q 2022). Revenue: NT$688.4m (up 29% from 2Q 2022). Net income: NT$32.6m (up 230% from 2Q 2022). Profit margin: 4.7% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Jun 29+ 2 more updatesAblerex Electronics Co., Ltd. Announces Board ChangesAblerex Electronics Co., Ltd. announced the director changes. Resume of the previous position holder: previous position holder: Wen Hsu- Chairman of the Company, B.C. Chen- Director of UIS, Y.A. Chen- Director of the Company, S.C. Tseng- Vice President of UIS, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Previous independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, Y.L. Su- Chairman of YuGwan Energy Co., Ltd. Resume of the new position holder: Newly-appointed directors: Wen Hsu- Chairman of the Company, J.S. Wang- Electronic R&D VP of UIS, Y.A. Chen- Director of the Company, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Newly- appointed independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, Y.L. Su- Chairman of YuGwan Energy Co., Ltd., J.C. Hsieh- Full-time Professor, Department and Institute of Land Management, Feng Chia University. The effective date of the new appointment is June 27, 2023.공시 • Jun 28Ablerex Electronics Co., Ltd. Appoints Y.A. Chen as Vice-ChairmanAblerex Electronics Co., Ltd. announced the election of Y.A. Chen as Vice-chairman, effective date of the new appointment is June 27, 2023.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$49.60, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 116% over the past three years.Reported Earnings • Dec 03Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% 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. 6 non-independent directors. Independent Director Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$35.10, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 51% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.22 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.22 (up from NT$0.15 in 2Q 2021). Revenue: NT$534.3m (down 22% from 2Q 2021). Net income: NT$9.89m (up 49% from 2Q 2021). Profit margin: 1.9% (up from 1.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).공시 • Aug 09Ablerex Electronics Co., Ltd. Announces President Changes, Effective September 1, 2022Ablerex Electronics Co., Ltd. announced executive changes. Position: President. Name of the previous position holder: Wen Hsu. Resume of the previous position holder: Chairperson and president of the Company. Name of the new position holder: Min Chou Huang. Resume of the new position holder: Executive Vice President of the Company. Reason for the change: Job relocation. Effective date of the new appointment is September 1, 2022.공시 • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.11 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.11 in 1Q 2021). Revenue: NT$661.9m (up 5.0% from 1Q 2021). Net income: NT$6.44m (up 26% from 1Q 2021). Profit margin: 1.0% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% 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 • 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. 6 non-independent directors. Independent Director Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. 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 • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$48.75, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.공시 • Mar 23Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: The Koos Hotel, 219-2, Zhong Xing Rd. Sec.3, Xin-Dian Dist. New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider 2021 directors' and employees' compensation; to consider Adoption of the 2021 Business Report and Financial Statement; to consider Adoption of the Proposal for Distribution of 2021 Profits; to review and approve the amendments to the 'Procedure for Governing the Acquisition and Disposal of Assets' of the Company; and to review and approve the distribution of cash dividend from Capital Surplus.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$49.50, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$47.55, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 59% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$653.6m (up 8.7% from 3Q 2020). Net income: NT$13.8m (up 158% from 3Q 2020). Profit margin: 2.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$686.7m (up 21% from 2Q 2020). Net income: NT$6.65m (down 70% from 2Q 2020). Profit margin: 1.0% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.분석 기사 • Apr 28Is Ablerex Electronics (GTSM:3628) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.93 (vs NT$0.88 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.36b (down 4.1% from FY 2019). Net income: NT$41.9m (up 6.1% from FY 2019). Profit margin: 1.8% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% 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.공시 • Mar 21Ablerex Electronics Co., Ltd. Declares Cash Dividend Distribution for the Year Ended December 31, 2020The board of directors' of Ablerex Electronics Co., Ltd. declared dividend distribution of TWD 1.0 cash per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders of TWD 45,000,000.공시 • Mar 20Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist Taipei City Taiwan Agenda: To consider 2020 business report; to the audit committee's review report on the 2020 financial statements; to the 2020 directors' and employees' compensation; to adoption of the 2020 business report and financial statement; to adoption of the proposal for distribution of 2020 profits; to review and approve the amendments to the procedures for election of directors of the company; to review and approve the amendments to the articles of incorporation of the company; and to consider other matter.분석 기사 • Mar 04Are Dividend Investors Making A Mistake With Ablerex Electronics Co., Ltd. (GTSM:3628)?Could Ablerex Electronics Co., Ltd. ( GTSM:3628 ) be an attractive dividend share to own for the long haul? Investors...분석 기사 • Feb 15Can Ablerex Electronics (GTSM:3628) Turn Things Around?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...분석 기사 • Jan 26These 4 Measures Indicate That Ablerex Electronics (GTSM:3628) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Is New 90 Day High Low • Jan 20New 90-day low: NT$37.00The company is down 1.0% from its price of NT$37.50 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.분석 기사 • Jan 08Does Ablerex Electronics Co., Ltd.'s (GTSM:3628) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Ablerex Electronics' (GTSM:3628) stock is up by 5.6% over the past three months. However, in this article, we decided...분석 기사 • Dec 21Ablerex Electronics (GTSM:3628) Shareholders Received A Total Return Of Negative 7.1% In The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...분석 기사 • Dec 01Should You Buy Ablerex Electronics Co., Ltd. (GTSM:3628) For Its Dividend?Is Ablerex Electronics Co., Ltd. (GTSM:3628) a good dividend stock? How can we tell? Dividend paying companies with...Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 19% share price gain to NT$43.00, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 17x in the Electrical industry in Taiwan. Total returns to shareholders over the past three years are 22%.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 3628 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 3628 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장Ablerex Electronics 배당 수익률 vs 시장3628의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3628)5.0%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Electrical)2.5%분석가 예측 (3628) (최대 3년)n/a주목할만한 배당금: 3628 의 배당금( 5.05% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.42% )보다 높습니다.고배당: 3628 의 배당금( 5.05% )은 TW 시장( 5% )주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 77.9% )에서 3628 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 260.2% )이 높기 때문에 3628 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 21:59종가2026/05/22 00:00수익2026/03/31연간 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Ablerex Electronics 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.분석가기관Zhilong YenMasterlink Securities Investment Advisory
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).
공시 • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.
Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).
공시 • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.19 in 1Q 2025). Revenue: NT$804.2m (up 15% from 1Q 2025). Net income: NT$15.4m (up 80% from 1Q 2025). Profit margin: 1.9% (up from 1.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.02 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$4.02 (up from NT$2.15 in FY 2024). Revenue: NT$3.36b (up 11% from FY 2024). Net income: NT$180.9m (up 87% from FY 2024). Profit margin: 5.4% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
공시 • Mar 12Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
New Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.5m) 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 (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$81.80, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 152% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.15 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.15 (up from NT$0.63 in 3Q 2024). Revenue: NT$997.3m (up 32% from 3Q 2024). Net income: NT$96.8m (up 241% from 3Q 2024). Profit margin: 9.7% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. 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 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 27x in the Electrical industry in Taiwan. Total returns to shareholders of 185% over the past three years.
New Risk • Oct 02New 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 6.6% 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 (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$61.40, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.67 (vs NT$0.12 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.67 (up from NT$0.12 in 2Q 2024). Revenue: NT$809.3m (up 14% from 2Q 2024). Net income: NT$30.2m (up 460% from 2Q 2024). Profit margin: 3.7% (up from 0.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.12 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (up from NT$0.12 in 1Q 2024). Revenue: NT$698.1m (up 16% from 1Q 2024). Net income: NT$8.53m (up 57% from 1Q 2024). Profit margin: 1.2% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
공시 • Apr 27Ablerex Electronics Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Ablerex Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025
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$35.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 19% over the past three years.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.95 in FY 2023). Revenue: NT$3.02b (up 3.4% from FY 2023). Net income: NT$96.6m (up 10% from FY 2023). Profit margin: 3.2% (up from 3.0% 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
공시 • Mar 04Ablerex Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Ablerex Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025
New Risk • Jan 29New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (122% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$1.98b market cap, or US$60.4m).
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$48.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total returns to shareholders of 55% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.30 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (up from NT$0.30 in 3Q 2023). Revenue: NT$757.6m (up 24% from 3Q 2023). Net income: NT$28.4m (up 113% from 3Q 2023). Profit margin: 3.8% (up from 2.2% in 3Q 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 whereas the company’s share price has increased by 8% per year.
공시 • Oct 26Ablerex Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Ablerex Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (154% payout ratio). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (NT$1.97b market cap, or US$60.6m).
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (down from NT$0.72 in 2Q 2023). Revenue: NT$710.4m (up 3.2% from 2Q 2023). Net income: NT$5.39m (down 84% from 2Q 2023). Profit margin: 0.8% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.
공시 • Jul 27Ablerex Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024Ablerex Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.16 in 1Q 2023). Revenue: NT$600.3m (down 11% from 1Q 2023). Net income: NT$5.43m (down 27% from 1Q 2023). Profit margin: 0.9% (down from 1.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Apr 28Ablerex Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Ablerex Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.95 (vs NT$2.55 in FY 2022)Full year 2023 results: EPS: NT$1.95 (down from NT$2.55 in FY 2022). Revenue: NT$2.93b (down 4.3% from FY 2022). Net income: NT$87.7m (down 24% from FY 2022). Profit margin: 3.0% (down from 3.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist The Koos Hotel New Taipei City Taiwan Agenda: To consider 2023 business report; to consider the audit committee's review report on the 2023 financial statements; to consider the 2023 directors' and employees' compensation; to consider adoption of the 2023 business report and financial statement; to consider adoption of the proposal for distribution of 2023 profits; to review and approve the amendments to the rules and procedures of shareholders meeting of the company; and to consider other issues.
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).
공시 • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.73 (vs NT$0.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.73 (up from NT$0.22 in 2Q 2022). Revenue: NT$688.4m (up 29% from 2Q 2022). Net income: NT$32.6m (up 230% from 2Q 2022). Profit margin: 4.7% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Jun 29+ 2 more updatesAblerex Electronics Co., Ltd. Announces Board ChangesAblerex Electronics Co., Ltd. announced the director changes. Resume of the previous position holder: previous position holder: Wen Hsu- Chairman of the Company, B.C. Chen- Director of UIS, Y.A. Chen- Director of the Company, S.C. Tseng- Vice President of UIS, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Previous independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, Y.L. Su- Chairman of YuGwan Energy Co., Ltd. Resume of the new position holder: Newly-appointed directors: Wen Hsu- Chairman of the Company, J.S. Wang- Electronic R&D VP of UIS, Y.A. Chen- Director of the Company, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Newly- appointed independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, Y.L. Su- Chairman of YuGwan Energy Co., Ltd., J.C. Hsieh- Full-time Professor, Department and Institute of Land Management, Feng Chia University. The effective date of the new appointment is June 27, 2023.
공시 • Jun 28Ablerex Electronics Co., Ltd. Appoints Y.A. Chen as Vice-ChairmanAblerex Electronics Co., Ltd. announced the election of Y.A. Chen as Vice-chairman, effective date of the new appointment is June 27, 2023.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$49.60, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Dec 03Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% 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. 6 non-independent directors. Independent Director Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$35.10, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.22 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.22 (up from NT$0.15 in 2Q 2021). Revenue: NT$534.3m (down 22% from 2Q 2021). Net income: NT$9.89m (up 49% from 2Q 2021). Profit margin: 1.9% (up from 1.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).
공시 • Aug 09Ablerex Electronics Co., Ltd. Announces President Changes, Effective September 1, 2022Ablerex Electronics Co., Ltd. announced executive changes. Position: President. Name of the previous position holder: Wen Hsu. Resume of the previous position holder: Chairperson and president of the Company. Name of the new position holder: Min Chou Huang. Resume of the new position holder: Executive Vice President of the Company. Reason for the change: Job relocation. Effective date of the new appointment is September 1, 2022.
공시 • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.11 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.11 in 1Q 2021). Revenue: NT$661.9m (up 5.0% from 1Q 2021). Net income: NT$6.44m (up 26% from 1Q 2021). Profit margin: 1.0% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% 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 • 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. 6 non-independent directors. Independent Director Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. 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 • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$48.75, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.
공시 • Mar 23Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: The Koos Hotel, 219-2, Zhong Xing Rd. Sec.3, Xin-Dian Dist. New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider 2021 directors' and employees' compensation; to consider Adoption of the 2021 Business Report and Financial Statement; to consider Adoption of the Proposal for Distribution of 2021 Profits; to review and approve the amendments to the 'Procedure for Governing the Acquisition and Disposal of Assets' of the Company; and to review and approve the distribution of cash dividend from Capital Surplus.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$49.50, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$47.55, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$653.6m (up 8.7% from 3Q 2020). Net income: NT$13.8m (up 158% from 3Q 2020). Profit margin: 2.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$686.7m (up 21% from 2Q 2020). Net income: NT$6.65m (down 70% from 2Q 2020). Profit margin: 1.0% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
분석 기사 • Apr 28Is Ablerex Electronics (GTSM:3628) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.93 (vs NT$0.88 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.36b (down 4.1% from FY 2019). Net income: NT$41.9m (up 6.1% from FY 2019). Profit margin: 1.8% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% 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.
공시 • Mar 21Ablerex Electronics Co., Ltd. Declares Cash Dividend Distribution for the Year Ended December 31, 2020The board of directors' of Ablerex Electronics Co., Ltd. declared dividend distribution of TWD 1.0 cash per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders of TWD 45,000,000.
공시 • Mar 20Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist Taipei City Taiwan Agenda: To consider 2020 business report; to the audit committee's review report on the 2020 financial statements; to the 2020 directors' and employees' compensation; to adoption of the 2020 business report and financial statement; to adoption of the proposal for distribution of 2020 profits; to review and approve the amendments to the procedures for election of directors of the company; to review and approve the amendments to the articles of incorporation of the company; and to consider other matter.
분석 기사 • Mar 04Are Dividend Investors Making A Mistake With Ablerex Electronics Co., Ltd. (GTSM:3628)?Could Ablerex Electronics Co., Ltd. ( GTSM:3628 ) be an attractive dividend share to own for the long haul? Investors...
분석 기사 • Feb 15Can Ablerex Electronics (GTSM:3628) Turn Things Around?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
분석 기사 • Jan 26These 4 Measures Indicate That Ablerex Electronics (GTSM:3628) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Is New 90 Day High Low • Jan 20New 90-day low: NT$37.00The company is down 1.0% from its price of NT$37.50 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.
분석 기사 • Jan 08Does Ablerex Electronics Co., Ltd.'s (GTSM:3628) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Ablerex Electronics' (GTSM:3628) stock is up by 5.6% over the past three months. However, in this article, we decided...
분석 기사 • Dec 21Ablerex Electronics (GTSM:3628) Shareholders Received A Total Return Of Negative 7.1% In The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
분석 기사 • Dec 01Should You Buy Ablerex Electronics Co., Ltd. (GTSM:3628) For Its Dividend?Is Ablerex Electronics Co., Ltd. (GTSM:3628) a good dividend stock? How can we tell? Dividend paying companies with...
Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 19% share price gain to NT$43.00, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 17x in the Electrical industry in Taiwan. Total returns to shareholders over the past three years are 22%.