View ValuationChicony Power Technology 향후 성장Future 기준 점검 1/6Chicony Power Technology은 연간 수입과 매출이 각각 9%와 8.7% 증가할 것으로 예상되고 EPS는 연간 9%만큼 증가할 것으로 예상됩니다.핵심 정보9.0%이익 성장률8.96%EPS 성장률Electrical 이익 성장32.7%매출 성장률8.7%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트05 Aug 2026최근 향후 성장 업데이트Price Target Changed • Mar 04Price target decreased by 11% to NT$118Down from NT$133, the current price target is an average from 2 analysts. New target price is 22% above last closing price of NT$97.10. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.79 for next year compared to NT$8.34 last year.Major Estimate Revision • Sep 05Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$37.1b to NT$38.1b. EPS estimate increased from NT$5.58 to NT$6.64 per share. Net income forecast to grow 15% next year vs 28% growth forecast for Electrical industry in Taiwan. Consensus price target of NT$133 unchanged from last update. Share price was steady at NT$107 over the past week.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$39.3b to NT$37.1b. EPS estimate also fell from NT$8.09 per share to NT$5.58 per share. Net income forecast to shrink 18% next year vs 15% growth forecast for Electrical industry in Taiwan . Consensus price target up from NT$128 to NT$133. Share price was steady at NT$111 over the past week.Major Estimate Revision • May 12Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$40.7b to NT$39.3b. EPS estimate also fell from NT$9.77 per share to NT$8.09 per share. Net income forecast to grow 3.5% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$153 to NT$128. Share price was steady at NT$104 over the past week.Price Target Changed • May 07Price target decreased by 10.0% to NT$144Down from NT$160, the current price target is an average from 3 analysts. New target price is 45% above last closing price of NT$99.50. Stock is down 37% over the past year. The company is forecast to post earnings per share of NT$7.96 for next year compared to NT$8.34 last year.분석 기사 • Nov 06Chicony Power Technology Co., Ltd. (TWSE:6412) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$162Shareholders might have noticed that Chicony Power Technology Co., Ltd. ( TWSE:6412 ) filed its third-quarter result...모든 업데이트 보기Recent updatesReported Earnings • Aug 05Second quarter 2026 earnings released: EPS: NT$2.03 (vs NT$1.17 in 2Q 2025)Second quarter 2026 results: EPS: NT$2.03 (up from NT$1.17 in 2Q 2025). Revenue: NT$8.44b (down 7.5% from 2Q 2025). Net income: NT$814.3m (up 74% from 2Q 2025). Profit margin: 9.6% (up from 5.1% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.Board Change • Jun 25Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yen-Shin Lai was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Jun 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (416% cash payout ratio). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$87.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 16% over the past three years.Upcoming Dividend • Jun 02Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 09 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.Reported Earnings • May 06First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$7.78b (down 7.8% from 1Q 2025). Net income: NT$404.2m (flat on 1Q 2025). Profit margin: 5.2% (up from 4.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electrical industry in Taiwan.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$89.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electrical industry in Taiwan. Total returns to shareholders of 22% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$82.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 18% over the past three years.Declared Dividend • Mar 08Dividend reduced to NT$3.70Dividend of NT$3.70 is 38% lower than last year. Ex-date: 9th June 2026 Payment date: 8th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (177% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.0% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Mar 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.0% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 177% Minor Risk Profit margins are more than 30% lower than last year (6.1% net profit margin).Reported Earnings • Mar 05Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$5.20 (down from NT$8.34 in FY 2024). Revenue: NT$34.5b (down 7.3% from FY 2024). Net income: NT$2.08b (down 38% from FY 2024). Profit margin: 6.1% (down from 9.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공고 • Mar 05+ 1 more updateChicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2026Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2026. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city TaiwanPrice Target Changed • Mar 04Price target decreased by 11% to NT$118Down from NT$133, the current price target is an average from 2 analysts. New target price is 22% above last closing price of NT$97.10. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.79 for next year compared to NT$8.34 last year.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$94.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electrical industry in Taiwan. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$56.31 per share.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.85 (vs NT$2.21 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.85 (down from NT$2.21 in 3Q 2024). Revenue: NT$9.04b (down 13% from 3Q 2024). Net income: NT$743.1m (down 16% from 3Q 2024). Profit margin: 8.2% (down from 8.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Major Estimate Revision • Sep 05Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$37.1b to NT$38.1b. EPS estimate increased from NT$5.58 to NT$6.64 per share. Net income forecast to grow 15% next year vs 28% growth forecast for Electrical industry in Taiwan. Consensus price target of NT$133 unchanged from last update. Share price was steady at NT$107 over the past week.New Risk • Aug 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 117% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 117% Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).Major Estimate Revision • Aug 08Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$39.3b to NT$37.1b. EPS estimate also fell from NT$8.09 per share to NT$5.58 per share. Net income forecast to shrink 18% next year vs 15% growth forecast for Electrical industry in Taiwan . Consensus price target up from NT$128 to NT$133. Share price was steady at NT$111 over the past week.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$125, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electrical industry in Taiwan. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$214 per share.New Risk • Jun 12New 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 8.7% 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 (111% cash payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change).Upcoming Dividend • Jun 03Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$124, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$210 per share.Major Estimate Revision • May 12Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$40.7b to NT$39.3b. EPS estimate also fell from NT$9.77 per share to NT$8.09 per share. Net income forecast to grow 3.5% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$153 to NT$128. Share price was steady at NT$104 over the past week.Price Target Changed • May 07Price target decreased by 10.0% to NT$144Down from NT$160, the current price target is an average from 3 analysts. New target price is 45% above last closing price of NT$99.50. Stock is down 37% over the past year. The company is forecast to post earnings per share of NT$7.96 for next year compared to NT$8.34 last year.Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$1.01 (vs NT$1.71 in 1Q 2024)First quarter 2025 results: EPS: NT$1.01 (down from NT$1.71 in 1Q 2024). Revenue: NT$8.44b (up 4.9% from 1Q 2024). Net income: NT$402.9m (down 41% from 1Q 2024). Profit margin: 4.8% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공고 • Apr 29Chicony Power Technology Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Chicony Power Technology Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$91.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$56.53 per share.분석 기사 • Mar 10We Think That There Are Some Issues For Chicony Power Technology (TWSE:6412) Beyond Its Promising EarningsChicony Power Technology Co., Ltd.'s ( TWSE:6412 ) robust recent earnings didn't do much to move the stock. We think...분석 기사 • Mar 07Chicony Power Technology (TWSE:6412) Is Paying Out A Dividend Of NT$6.00The board of Chicony Power Technology Co., Ltd. ( TWSE:6412 ) has announced that it will pay a dividend of NT$6.00 per...Declared Dividend • Mar 06Dividend of NT$6.00 announcedDividend of NT$6.00 is the same as last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (301% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$8.34 (up from NT$8.27 in FY 2023). Revenue: NT$37.2b (up 2.4% from FY 2023). Net income: NT$3.34b (up 1.4% from FY 2023). Profit margin: 9.0% (down from 9.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 04Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2025Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2025. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan공고 • Feb 22Chicony Power Technology Co., Ltd. to Report Q4, 2024 Results on Mar 03, 2025Chicony Power Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 03, 2025분석 기사 • Jan 08Does Chicony Power Technology (TWSE:6412) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...분석 기사 • Nov 06Chicony Power Technology Co., Ltd. (TWSE:6412) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$162Shareholders might have noticed that Chicony Power Technology Co., Ltd. ( TWSE:6412 ) filed its third-quarter result...Reported Earnings • Nov 06Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$2.21 (down from NT$2.36 in 3Q 2023). Revenue: NT$10.4b (up 6.4% from 3Q 2023). Net income: NT$887.0m (down 5.8% from 3Q 2023). Profit margin: 8.6% (down from 9.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electrical industry in Taiwan. 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 17% per year, which means it is tracking significantly ahead of earnings growth.공고 • Oct 26Chicony Power Technology Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Chicony Power Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024분석 기사 • Oct 11Chicony Power Technology (TWSE:6412) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Sep 25Chicony Power Technology (TWSE:6412) Looks To Prolong Its Impressive ReturnsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$144, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$80.00 per share.분석 기사 • Sep 09With EPS Growth And More, Chicony Power Technology (TWSE:6412) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$2.28 (vs NT$1.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.28 (up from NT$1.98 in 2Q 2023). Revenue: NT$8.90b (down 4.0% from 2Q 2023). Net income: NT$912.0m (up 15% from 2Q 2023). Profit margin: 10% (up from 8.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. 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 24% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Aug 08Price target decreased by 15% to NT$153Down from NT$180, the current price target is an average from 3 analysts. New target price is 21% above last closing price of NT$126. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$9.01 for next year compared to NT$8.27 last year.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$39.9b to NT$37.8b. EPS estimate also fell from NT$10.46 per share to NT$9.01 per share. Net income forecast to grow 13% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$180 to NT$153. Share price fell 8.7% to NT$126 over the past week.분석 기사 • Jul 26Investors Aren't Entirely Convinced By Chicony Power Technology Co., Ltd.'s (TWSE:6412) EarningsWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...분석 기사 • Jun 13Is Chicony Power Technology (TWSE:6412) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Jun 06Price target increased by 7.7% to NT$180Up from NT$167, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$149. Stock is up 75% over the past year. The company is forecast to post earnings per share of NT$10.46 for next year compared to NT$8.27 last year.공고 • May 30Chicony Power Technology Co., Ltd. Announces Resignation of Pong, Cheng-Shen, Member of the Company's Audit CommitteeChicony Power Technology Co., Ltd. announced resignation of Pong, Cheng-Shen, Independent Director, member of the Company's Audit Committee, Jing-Jan Retail Business Co., Ltd., Independent Director, Chicony Power Technology Co., Ltd.공고 • May 29+ 3 more updatesChicony Power Technology Co., Ltd. Announces Executive ChangesOn AGM held on may 27, 2024, Chicony Power Technology Co., Ltd. approved the appointment of Hung, Ching-Shan, Pong, Cheng-Shengas Independent Directors.Upcoming Dividend • May 28Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.4%).분석 기사 • May 27Investors Should Be Encouraged By Chicony Power Technology's (TWSE:6412) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Reported Earnings • May 12First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: NT$1.70 (up from NT$1.47 in 1Q 2023). Revenue: NT$8.05b (down 3.0% from 1Q 2023). Net income: NT$680.9m (up 17% from 1Q 2023). Profit margin: 8.5% (up from 7.0% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 1.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Taiwan. 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 32% per year, which means it is tracking significantly ahead of earnings growth.공고 • Apr 26Chicony Power Technology Co., Ltd. to Report Q1, 2024 Results on May 02, 2024Chicony Power Technology Co., Ltd. announced that they will report Q1, 2024 results on May 02, 2024분석 기사 • Mar 21We Think Chicony Power Technology's (TWSE:6412) Solid Earnings Are UnderstatedInvestors signalled that they were pleased with Chicony Power Technology Co., Ltd.'s ( TWSE:6412 ) most recent earnings...공고 • Mar 13Chicony Power Technology Co., Ltd., Annual General Meeting, May 27, 2024Chicony Power Technology Co., Ltd., Annual General Meeting, May 27, 2024.Buy Or Sell Opportunity • Mar 13Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$179. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.분석 기사 • Mar 12Is Chicony Power Technology Co., Ltd. (TWSE:6412) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Chicony Power Technology fair value estimate is NT$135 Chicony...Buy Or Sell Opportunity • Feb 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$167. The fair value is estimated to be NT$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.분석 기사 • Feb 26Chicony Power Technology Co., Ltd.'s (TWSE:6412) Price In Tune With EarningsIt's not a stretch to say that Chicony Power Technology Co., Ltd.'s ( TWSE:6412 ) price-to-earnings (or "P/E") ratio of...Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to NT$152. The fair value is estimated to be NT$125, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$142, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$124 per share.Reported Earnings • Nov 03Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$2.36 (down from NT$2.44 in 3Q 2022). Revenue: NT$9.74b (down 9.8% from 3Q 2022). Net income: NT$941.6m (down 2.6% from 3Q 2022). Profit margin: 9.7% (in line with 3Q 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 7.3%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 13New 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 7.6% 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 (7.6% average weekly change).Reported Earnings • Aug 04Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.98 (up from NT$1.95 in 2Q 2022). Revenue: NT$9.27b (down 9.7% from 2Q 2022). Net income: NT$790.0m (up 2.3% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Aug 04Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.98 (up from NT$1.95 in 2Q 2022). Revenue: NT$9.27b (down 9.7% from 2Q 2022). Net income: NT$790.0m (up 2.3% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.Price Target Changed • Aug 04Price target increased by 8.7% to NT$100.00Up from NT$92.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$101. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$7.65 for next year compared to NT$8.22 last year.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$111, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 92% over the past three years.Upcoming Dividend • Mar 22Upcoming dividend of NT$5.90 per share at 7.1% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.3%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ching-Shan Hong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.44 (up from NT$2.09 in 3Q 2021). Revenue: NT$10.8b (up 6.6% from 3Q 2021). Net income: NT$966.3m (up 18% from 3Q 2021). Profit margin: 8.9% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 3.6%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 06Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$1.95 (up from NT$1.68 in 2Q 2021). Revenue: NT$10.3b (up 6.7% from 2Q 2021). Net income: NT$772.0m (up 17% from 2Q 2021). Profit margin: 7.5% (up from 6.9% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 5.3%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 13Price target decreased to NT$90.00Down from NT$97.33, the current price target is an average from 2 analysts. New target price is 28% above last closing price of NT$70.20. Stock is down 0.7% over the past year. The company is forecast to post earnings per share of NT$8.13 for next year compared to NT$7.22 last year.Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.93 (up from NT$1.49 in 1Q 2021). Revenue: NT$10.5b (up 5.1% from 1Q 2021). Net income: NT$757.1m (up 31% from 1Q 2021). Profit margin: 7.2% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 11%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ching-Shan Hung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 31Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.4%).공고 • Mar 06Chicony Power Technology Co., Ltd. Announces Cash Dividend, Payable on May 11, 2022Chicony Power Technology Co., Ltd. announced a cash dividend of TWD 2,056,019,628, each common share is entitled to receive TWD 5.2. Ex-dividend of April 7, 2022, and record date of April 14, 2022. Cash dividend for common shares is scheduled to be paid on May 11, 2022.Reported Earnings • Mar 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.22 (up from NT$5.52 in FY 2020). Revenue: NT$40.4b (up 16% from FY 2020). Net income: NT$2.83b (up 32% from FY 2020). Profit margin: 7.0% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 9.7%, compared to a 23% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Price Target Changed • Dec 10Price target increased to NT$92.00Up from NT$83.33, the current price target is an average from 3 analysts. New target price is 17% above last closing price of NT$78.80. Stock is up 6.2% over the past year. The company is forecast to post earnings per share of NT$7.02 for next year compared to NT$5.52 last year.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$2.09 (vs NT$1.89 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$10.1b (up 4.9% from 3Q 2020). Net income: NT$820.0m (up 12% from 3Q 2020). Profit margin: 8.1% (up from 7.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Executive Departure • Oct 07Chief Technology Officer, Senior Deputy & GM Chung Ming Huang has left the companyOn the 30th of September, Chung Ming Huang's tenure as Chief Technology Officer, Senior Deputy & GM ended after 9.3 years in the role. We don't have any record of a personal shareholding under Chung Ming's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 9.25 years.Executive Departure • Aug 27Independent Director Yow-Shiuan Fu has left the companyOn the 26th of August, Yow-Shiuan Fu's tenure as Independent Director ended after 8.6 years in the role. We don't have any record of a personal shareholding under Yow-Shiuan's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 9.08 years.Executive Departure • Aug 27Independent Director Te-Chen Chiu has left the companyOn the 26th of August, Te-Chen Chiu's tenure as Independent Director ended after 8.6 years in the role. We don't have any record of a personal shareholding under Te-Chen's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 9.08 years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.68 (vs NT$1.78 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$9.63b (up 4.2% from 2Q 2020). Net income: NT$659.7m (down 4.2% from 2Q 2020). Profit margin: 6.9% (down from 7.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jun 16Price target decreased to NT$81.25Down from NT$88.75, the current price target is an average from 4 analysts. New target price is 18% above last closing price of NT$68.90. Stock is up 9.4% over the past year.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.49 (vs NT$0.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.98b (up 49% from 1Q 2020). Net income: NT$579.4m (up 334% from 1Q 2020). Profit margin: 5.8% (up from 2.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 30Does Chicony Power Technology (TPE:6412) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Apr 01Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 14 May 2021. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (3.6%).Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$5.52 (vs NT$4.51 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$34.9b (up 1.3% from FY 2019). Net income: NT$2.14b (up 24% from FY 2019). Profit margin: 6.1% (up from 5.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.분석 기사 • Mar 22Chicony Power Technology Co., Ltd. (TPE:6412) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the March share price for Chicony Power Technology Co., Ltd. ( TPE:6412 ) reflect what it's really worth? Today...공고 • Mar 16Chicony Power Technology Co., Ltd. Declares Cash Dividend, Payable on May 14, 2021Chicony Power Technology Co., Ltd. declares cash dividend of TWD 1,568,588,736, each common share is entitled to receive TWD 4, payable on May 14, 2021. ex-dividend date is April 8, 2021 and record date is April 16, 2021.분석 기사 • Mar 10With EPS Growth And More, Chicony Power Technology (TPE:6412) Is InterestingIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Price Target Changed • Mar 09Price target raised to NT$87.50Up from NT$81.60, the current price target is an average from 5 analysts. The new target price is 13% above the current share price of NT$77.70. As of last close, the stock is up 41% over the past year.공고 • Mar 05+ 1 more updateChicony Power Technology Co., Ltd. Appoints Chen, Hsueh-Yi as Corporate Governance OfficerChicony Power Technology Co., Ltd. announced appointment of Chen, Hsueh-Yi Financial Center Assistant VP of Chicony Power Technology Co., Ltd. as Corporate Governance Officer, effective March 3, 2021.이익 및 매출 성장 예측TWSE:6412 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202737,6752,7682,7263,657112/31/202633,9632,2341,9502,87826/30/202633,1072,4331,0451,747N/A3/31/202633,7942,0863571,084N/A12/31/202534,4522,0841,3572,056N/A9/30/202536,4792,4751,4652,460N/A6/30/202537,8052,6182,0493,059N/A3/31/202537,5723,0632,1673,396N/A12/31/202437,1763,3417992,335N/A9/30/202436,3153,4621,2042,775N/A6/30/202435,6933,5161,8803,355N/A3/31/202436,0653,3943,8385,484N/A12/31/202336,3113,2955,4036,963N/A9/30/202336,8033,0645,8287,329N/A6/30/202337,8643,0895,7547,378N/A3/31/202338,8643,0713,3634,807N/A12/31/202241,0663,2473,5564,953N/A9/30/202242,1903,2631,7943,153N/A6/30/202241,5193,1176081,874N/A3/31/202240,8753,0055151,818N/A12/31/202140,3642,827-541,412N/A9/30/202138,9982,641-2021,602N/A6/30/202138,5242,5546893,022N/A3/31/202138,1362,5827883,298N/A12/31/202034,8632,1377203,086N/A9/30/202034,4881,9442,0424,238N/A6/30/202034,8261,8792,5254,485N/A3/31/202033,8961,526N/A4,811N/A12/31/201934,4151,720N/A3,583N/A9/30/201933,8981,607N/A2,652N/A6/30/201932,9001,260N/A1,512N/A3/31/201932,2831,148N/A1,138N/A12/31/201831,2921,030N/A580N/A9/30/201829,8801,165N/A1,505N/A6/30/201828,9301,362N/A1,352N/A3/31/201828,2081,550N/A1,592N/A12/31/201727,8751,562N/A2,466N/A9/30/201728,9471,945N/A1,980N/A6/30/201728,6071,537N/A2,437N/A3/31/201727,9621,391N/A2,653N/A12/31/201627,4191,341N/A2,435N/A9/30/201626,665977N/A3,244N/A6/30/201625,9451,159N/A2,380N/A3/31/201625,8241,179N/A2,085N/A12/31/201526,5191,154N/A2,054N/A9/30/201526,4451,064N/A79N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6412 의 연간 예상 수익 증가율(9%)이 saving rate(1.3%)보다 높습니다.수익 vs 시장: 6412 의 연간 수익(9%)이 TW 시장(26%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 6412 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 6412 의 수익(연간 8.7%)이 TW 시장(연간 21.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 6412 의 수익(연간 8.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6412의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/21 13:30종가2026/08/21 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 소스Chicony Power Technology Co., Ltd.는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Frank LinDeutsche BankJerry TsaiJ.P. MorganJianzhang SuMasterlink Securities Investment Advisory2명의 분석가 더 보기
Price Target Changed • Mar 04Price target decreased by 11% to NT$118Down from NT$133, the current price target is an average from 2 analysts. New target price is 22% above last closing price of NT$97.10. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.79 for next year compared to NT$8.34 last year.
Major Estimate Revision • Sep 05Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$37.1b to NT$38.1b. EPS estimate increased from NT$5.58 to NT$6.64 per share. Net income forecast to grow 15% next year vs 28% growth forecast for Electrical industry in Taiwan. Consensus price target of NT$133 unchanged from last update. Share price was steady at NT$107 over the past week.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$39.3b to NT$37.1b. EPS estimate also fell from NT$8.09 per share to NT$5.58 per share. Net income forecast to shrink 18% next year vs 15% growth forecast for Electrical industry in Taiwan . Consensus price target up from NT$128 to NT$133. Share price was steady at NT$111 over the past week.
Major Estimate Revision • May 12Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$40.7b to NT$39.3b. EPS estimate also fell from NT$9.77 per share to NT$8.09 per share. Net income forecast to grow 3.5% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$153 to NT$128. Share price was steady at NT$104 over the past week.
Price Target Changed • May 07Price target decreased by 10.0% to NT$144Down from NT$160, the current price target is an average from 3 analysts. New target price is 45% above last closing price of NT$99.50. Stock is down 37% over the past year. The company is forecast to post earnings per share of NT$7.96 for next year compared to NT$8.34 last year.
분석 기사 • Nov 06Chicony Power Technology Co., Ltd. (TWSE:6412) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$162Shareholders might have noticed that Chicony Power Technology Co., Ltd. ( TWSE:6412 ) filed its third-quarter result...
Reported Earnings • Aug 05Second quarter 2026 earnings released: EPS: NT$2.03 (vs NT$1.17 in 2Q 2025)Second quarter 2026 results: EPS: NT$2.03 (up from NT$1.17 in 2Q 2025). Revenue: NT$8.44b (down 7.5% from 2Q 2025). Net income: NT$814.3m (up 74% from 2Q 2025). Profit margin: 9.6% (up from 5.1% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year.
Board Change • Jun 25Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yen-Shin Lai was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Jun 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (416% cash payout ratio). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$87.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Upcoming Dividend • Jun 02Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 09 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.
Reported Earnings • May 06First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$7.78b (down 7.8% from 1Q 2025). Net income: NT$404.2m (flat on 1Q 2025). Profit margin: 5.2% (up from 4.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electrical industry in Taiwan.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$89.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electrical industry in Taiwan. Total returns to shareholders of 22% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$82.30, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 18% over the past three years.
Declared Dividend • Mar 08Dividend reduced to NT$3.70Dividend of NT$3.70 is 38% lower than last year. Ex-date: 9th June 2026 Payment date: 8th July 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (177% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.0% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Mar 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.0% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 177% Minor Risk Profit margins are more than 30% lower than last year (6.1% net profit margin).
Reported Earnings • Mar 05Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$5.20 (down from NT$8.34 in FY 2024). Revenue: NT$34.5b (down 7.3% from FY 2024). Net income: NT$2.08b (down 38% from FY 2024). Profit margin: 6.1% (down from 9.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공고 • Mar 05+ 1 more updateChicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2026Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2026. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan
Price Target Changed • Mar 04Price target decreased by 11% to NT$118Down from NT$133, the current price target is an average from 2 analysts. New target price is 22% above last closing price of NT$97.10. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.79 for next year compared to NT$8.34 last year.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$94.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electrical industry in Taiwan. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$56.31 per share.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.85 (vs NT$2.21 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.85 (down from NT$2.21 in 3Q 2024). Revenue: NT$9.04b (down 13% from 3Q 2024). Net income: NT$743.1m (down 16% from 3Q 2024). Profit margin: 8.2% (down from 8.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Major Estimate Revision • Sep 05Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$37.1b to NT$38.1b. EPS estimate increased from NT$5.58 to NT$6.64 per share. Net income forecast to grow 15% next year vs 28% growth forecast for Electrical industry in Taiwan. Consensus price target of NT$133 unchanged from last update. Share price was steady at NT$107 over the past week.
New Risk • Aug 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 117% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 117% Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$39.3b to NT$37.1b. EPS estimate also fell from NT$8.09 per share to NT$5.58 per share. Net income forecast to shrink 18% next year vs 15% growth forecast for Electrical industry in Taiwan . Consensus price target up from NT$128 to NT$133. Share price was steady at NT$111 over the past week.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$125, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electrical industry in Taiwan. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$214 per share.
New Risk • Jun 12New 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 8.7% 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 (111% cash payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change).
Upcoming Dividend • Jun 03Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$124, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$210 per share.
Major Estimate Revision • May 12Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$40.7b to NT$39.3b. EPS estimate also fell from NT$9.77 per share to NT$8.09 per share. Net income forecast to grow 3.5% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$153 to NT$128. Share price was steady at NT$104 over the past week.
Price Target Changed • May 07Price target decreased by 10.0% to NT$144Down from NT$160, the current price target is an average from 3 analysts. New target price is 45% above last closing price of NT$99.50. Stock is down 37% over the past year. The company is forecast to post earnings per share of NT$7.96 for next year compared to NT$8.34 last year.
Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$1.01 (vs NT$1.71 in 1Q 2024)First quarter 2025 results: EPS: NT$1.01 (down from NT$1.71 in 1Q 2024). Revenue: NT$8.44b (up 4.9% from 1Q 2024). Net income: NT$402.9m (down 41% from 1Q 2024). Profit margin: 4.8% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Apr 29Chicony Power Technology Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Chicony Power Technology Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$91.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$56.53 per share.
분석 기사 • Mar 10We Think That There Are Some Issues For Chicony Power Technology (TWSE:6412) Beyond Its Promising EarningsChicony Power Technology Co., Ltd.'s ( TWSE:6412 ) robust recent earnings didn't do much to move the stock. We think...
분석 기사 • Mar 07Chicony Power Technology (TWSE:6412) Is Paying Out A Dividend Of NT$6.00The board of Chicony Power Technology Co., Ltd. ( TWSE:6412 ) has announced that it will pay a dividend of NT$6.00 per...
Declared Dividend • Mar 06Dividend of NT$6.00 announcedDividend of NT$6.00 is the same as last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (301% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$8.34 (up from NT$8.27 in FY 2023). Revenue: NT$37.2b (up 2.4% from FY 2023). Net income: NT$3.34b (up 1.4% from FY 2023). Profit margin: 9.0% (down from 9.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 04Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2025Chicony Power Technology Co., Ltd., Annual General Meeting, May 26, 2025. Location: no,69, sec.2 kuang fu rd., sanchong district, new taipei city Taiwan
공고 • Feb 22Chicony Power Technology Co., Ltd. to Report Q4, 2024 Results on Mar 03, 2025Chicony Power Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 03, 2025
분석 기사 • Jan 08Does Chicony Power Technology (TWSE:6412) Deserve A Spot On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
분석 기사 • Nov 06Chicony Power Technology Co., Ltd. (TWSE:6412) Released Earnings Last Week And Analysts Lifted Their Price Target To NT$162Shareholders might have noticed that Chicony Power Technology Co., Ltd. ( TWSE:6412 ) filed its third-quarter result...
Reported Earnings • Nov 06Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$2.21 (down from NT$2.36 in 3Q 2023). Revenue: NT$10.4b (up 6.4% from 3Q 2023). Net income: NT$887.0m (down 5.8% from 3Q 2023). Profit margin: 8.6% (down from 9.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electrical industry in Taiwan. 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 17% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Oct 26Chicony Power Technology Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Chicony Power Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024
분석 기사 • Oct 11Chicony Power Technology (TWSE:6412) Has A Rock Solid Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Sep 25Chicony Power Technology (TWSE:6412) Looks To Prolong Its Impressive ReturnsTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$144, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$80.00 per share.
분석 기사 • Sep 09With EPS Growth And More, Chicony Power Technology (TWSE:6412) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$2.28 (vs NT$1.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.28 (up from NT$1.98 in 2Q 2023). Revenue: NT$8.90b (down 4.0% from 2Q 2023). Net income: NT$912.0m (up 15% from 2Q 2023). Profit margin: 10% (up from 8.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. 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 24% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Aug 08Price target decreased by 15% to NT$153Down from NT$180, the current price target is an average from 3 analysts. New target price is 21% above last closing price of NT$126. Stock is up 16% over the past year. The company is forecast to post earnings per share of NT$9.01 for next year compared to NT$8.27 last year.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$39.9b to NT$37.8b. EPS estimate also fell from NT$10.46 per share to NT$9.01 per share. Net income forecast to grow 13% next year vs 23% growth forecast for Electrical industry in Taiwan. Consensus price target down from NT$180 to NT$153. Share price fell 8.7% to NT$126 over the past week.
분석 기사 • Jul 26Investors Aren't Entirely Convinced By Chicony Power Technology Co., Ltd.'s (TWSE:6412) EarningsWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...
분석 기사 • Jun 13Is Chicony Power Technology (TWSE:6412) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Jun 06Price target increased by 7.7% to NT$180Up from NT$167, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$149. Stock is up 75% over the past year. The company is forecast to post earnings per share of NT$10.46 for next year compared to NT$8.27 last year.
공고 • May 30Chicony Power Technology Co., Ltd. Announces Resignation of Pong, Cheng-Shen, Member of the Company's Audit CommitteeChicony Power Technology Co., Ltd. announced resignation of Pong, Cheng-Shen, Independent Director, member of the Company's Audit Committee, Jing-Jan Retail Business Co., Ltd., Independent Director, Chicony Power Technology Co., Ltd.
공고 • May 29+ 3 more updatesChicony Power Technology Co., Ltd. Announces Executive ChangesOn AGM held on may 27, 2024, Chicony Power Technology Co., Ltd. approved the appointment of Hung, Ching-Shan, Pong, Cheng-Shengas Independent Directors.
Upcoming Dividend • May 28Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.4%).
분석 기사 • May 27Investors Should Be Encouraged By Chicony Power Technology's (TWSE:6412) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Reported Earnings • May 12First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: NT$1.70 (up from NT$1.47 in 1Q 2023). Revenue: NT$8.05b (down 3.0% from 1Q 2023). Net income: NT$680.9m (up 17% from 1Q 2023). Profit margin: 8.5% (up from 7.0% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 1.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Taiwan. 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 32% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Apr 26Chicony Power Technology Co., Ltd. to Report Q1, 2024 Results on May 02, 2024Chicony Power Technology Co., Ltd. announced that they will report Q1, 2024 results on May 02, 2024
분석 기사 • Mar 21We Think Chicony Power Technology's (TWSE:6412) Solid Earnings Are UnderstatedInvestors signalled that they were pleased with Chicony Power Technology Co., Ltd.'s ( TWSE:6412 ) most recent earnings...
공고 • Mar 13Chicony Power Technology Co., Ltd., Annual General Meeting, May 27, 2024Chicony Power Technology Co., Ltd., Annual General Meeting, May 27, 2024.
Buy Or Sell Opportunity • Mar 13Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$179. The fair value is estimated to be NT$143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.
분석 기사 • Mar 12Is Chicony Power Technology Co., Ltd. (TWSE:6412) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Chicony Power Technology fair value estimate is NT$135 Chicony...
Buy Or Sell Opportunity • Feb 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$167. The fair value is estimated to be NT$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.
분석 기사 • Feb 26Chicony Power Technology Co., Ltd.'s (TWSE:6412) Price In Tune With EarningsIt's not a stretch to say that Chicony Power Technology Co., Ltd.'s ( TWSE:6412 ) price-to-earnings (or "P/E") ratio of...
Buy Or Sell Opportunity • Jan 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 40% to NT$152. The fair value is estimated to be NT$125, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 47% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$142, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$124 per share.
Reported Earnings • Nov 03Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$2.36 (down from NT$2.44 in 3Q 2022). Revenue: NT$9.74b (down 9.8% from 3Q 2022). Net income: NT$941.6m (down 2.6% from 3Q 2022). Profit margin: 9.7% (in line with 3Q 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 7.3%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 13New 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 7.6% 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 (7.6% average weekly change).
Reported Earnings • Aug 04Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.98 (up from NT$1.95 in 2Q 2022). Revenue: NT$9.27b (down 9.7% from 2Q 2022). Net income: NT$790.0m (up 2.3% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Aug 04Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2023 results: EPS: NT$1.98 (up from NT$1.95 in 2Q 2022). Revenue: NT$9.27b (down 9.7% from 2Q 2022). Net income: NT$790.0m (up 2.3% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
Price Target Changed • Aug 04Price target increased by 8.7% to NT$100.00Up from NT$92.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$101. Stock is up 40% over the past year. The company is forecast to post earnings per share of NT$7.65 for next year compared to NT$8.22 last year.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$111, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 92% over the past three years.
Upcoming Dividend • Mar 22Upcoming dividend of NT$5.90 per share at 7.1% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.3%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ching-Shan Hong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$2.44 (up from NT$2.09 in 3Q 2021). Revenue: NT$10.8b (up 6.6% from 3Q 2021). Net income: NT$966.3m (up 18% from 3Q 2021). Profit margin: 8.9% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 3.6%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 06Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$1.95 (up from NT$1.68 in 2Q 2021). Revenue: NT$10.3b (up 6.7% from 2Q 2021). Net income: NT$772.0m (up 17% from 2Q 2021). Profit margin: 7.5% (up from 6.9% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 5.3%, compared to a 24% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 13Price target decreased to NT$90.00Down from NT$97.33, the current price target is an average from 2 analysts. New target price is 28% above last closing price of NT$70.20. Stock is down 0.7% over the past year. The company is forecast to post earnings per share of NT$8.13 for next year compared to NT$7.22 last year.
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.93 (up from NT$1.49 in 1Q 2021). Revenue: NT$10.5b (up 5.1% from 1Q 2021). Net income: NT$757.1m (up 31% from 1Q 2021). Profit margin: 7.2% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 11%, compared to a 25% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ching-Shan Hung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 31Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.4%).
공고 • Mar 06Chicony Power Technology Co., Ltd. Announces Cash Dividend, Payable on May 11, 2022Chicony Power Technology Co., Ltd. announced a cash dividend of TWD 2,056,019,628, each common share is entitled to receive TWD 5.2. Ex-dividend of April 7, 2022, and record date of April 14, 2022. Cash dividend for common shares is scheduled to be paid on May 11, 2022.
Reported Earnings • Mar 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.22 (up from NT$5.52 in FY 2020). Revenue: NT$40.4b (up 16% from FY 2020). Net income: NT$2.83b (up 32% from FY 2020). Profit margin: 7.0% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 9.7%, compared to a 23% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Dec 10Price target increased to NT$92.00Up from NT$83.33, the current price target is an average from 3 analysts. New target price is 17% above last closing price of NT$78.80. Stock is up 6.2% over the past year. The company is forecast to post earnings per share of NT$7.02 for next year compared to NT$5.52 last year.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$2.09 (vs NT$1.89 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$10.1b (up 4.9% from 3Q 2020). Net income: NT$820.0m (up 12% from 3Q 2020). Profit margin: 8.1% (up from 7.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Executive Departure • Oct 07Chief Technology Officer, Senior Deputy & GM Chung Ming Huang has left the companyOn the 30th of September, Chung Ming Huang's tenure as Chief Technology Officer, Senior Deputy & GM ended after 9.3 years in the role. We don't have any record of a personal shareholding under Chung Ming's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 9.25 years.
Executive Departure • Aug 27Independent Director Yow-Shiuan Fu has left the companyOn the 26th of August, Yow-Shiuan Fu's tenure as Independent Director ended after 8.6 years in the role. We don't have any record of a personal shareholding under Yow-Shiuan's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 9.08 years.
Executive Departure • Aug 27Independent Director Te-Chen Chiu has left the companyOn the 26th of August, Te-Chen Chiu's tenure as Independent Director ended after 8.6 years in the role. We don't have any record of a personal shareholding under Te-Chen's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 9.08 years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.68 (vs NT$1.78 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$9.63b (up 4.2% from 2Q 2020). Net income: NT$659.7m (down 4.2% from 2Q 2020). Profit margin: 6.9% (down from 7.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jun 16Price target decreased to NT$81.25Down from NT$88.75, the current price target is an average from 4 analysts. New target price is 18% above last closing price of NT$68.90. Stock is up 9.4% over the past year.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$1.49 (vs NT$0.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.98b (up 49% from 1Q 2020). Net income: NT$579.4m (up 334% from 1Q 2020). Profit margin: 5.8% (up from 2.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 30Does Chicony Power Technology (TPE:6412) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Apr 01Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 14 May 2021. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (3.6%).
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$5.52 (vs NT$4.51 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$34.9b (up 1.3% from FY 2019). Net income: NT$2.14b (up 24% from FY 2019). Profit margin: 6.1% (up from 5.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year.
분석 기사 • Mar 22Chicony Power Technology Co., Ltd. (TPE:6412) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the March share price for Chicony Power Technology Co., Ltd. ( TPE:6412 ) reflect what it's really worth? Today...
공고 • Mar 16Chicony Power Technology Co., Ltd. Declares Cash Dividend, Payable on May 14, 2021Chicony Power Technology Co., Ltd. declares cash dividend of TWD 1,568,588,736, each common share is entitled to receive TWD 4, payable on May 14, 2021. ex-dividend date is April 8, 2021 and record date is April 16, 2021.
분석 기사 • Mar 10With EPS Growth And More, Chicony Power Technology (TPE:6412) Is InterestingIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Price Target Changed • Mar 09Price target raised to NT$87.50Up from NT$81.60, the current price target is an average from 5 analysts. The new target price is 13% above the current share price of NT$77.70. As of last close, the stock is up 41% over the past year.
공고 • Mar 05+ 1 more updateChicony Power Technology Co., Ltd. Appoints Chen, Hsueh-Yi as Corporate Governance OfficerChicony Power Technology Co., Ltd. announced appointment of Chen, Hsueh-Yi Financial Center Assistant VP of Chicony Power Technology Co., Ltd. as Corporate Governance Officer, effective March 3, 2021.