View ValuationTaiwan Microloops 향후 성장Future 기준 점검 6/6Taiwan Microloops (는) 각각 연간 75.8% 및 61.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 75.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 56.6% 로 예상됩니다.핵심 정보75.8%이익 성장률75.23%EPS 성장률Machinery 이익 성장31.0%매출 성장률61.7%향후 자기자본이익률56.60%애널리스트 커버리지Low마지막 업데이트28 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • Jul 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (46% accrual ratio).Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.66 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.66 (up from NT$0.22 in 1Q 2025). Revenue: NT$854.4m (up 51% from 1Q 2025). Net income: NT$44.6m (up 233% from 1Q 2025). Profit margin: 5.2% (up from 2.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$386, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 878% over the past three years.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.94 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$4.94 (up from NT$1.80 in FY 2024). Revenue: NT$3.70b (up 85% from FY 2024). Net income: NT$300.7m (up 184% from FY 2024). Profit margin: 8.1% (up from 5.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 12Taiwan Microloops Corp., Annual General Meeting, Jun 23, 2026Taiwan Microloops Corp., Annual General Meeting, Jun 23, 2026. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$262, the stock trades at a trailing P/E ratio of 70.8x. Average trailing P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 616% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$283, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 687% over the past three years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$230, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 529% over the past three years.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$2.49 (vs NT$0.11 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.49 (up from NT$0.11 in 3Q 2024). Revenue: NT$1.15b (up 128% from 3Q 2024). Net income: NT$149.3m (up NT$142.5m from 3Q 2024). Profit margin: 13% (up from 1.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.공고 • Sep 18Taiwan Microloops Corp. has filed a Follow-on Equity Offering in the amount of TWD 0.8625 million.Taiwan Microloops Corp. has filed a Follow-on Equity Offering in the amount of TWD 0.8625 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,500 Price(maximum): TWD 115Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.56 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$0.56 in 2Q 2024). Revenue: NT$1.04b (up 99% from 2Q 2024). Net income: NT$25.4m (down 20% from 2Q 2024). Profit margin: 2.4% (down from 6.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 05Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 18 July 2025. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$83.80, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 97% over the past three years.New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.7% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.0% net profit margin).Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$1.80 (vs NT$1.93 in FY 2023)Full year 2024 results: EPS: NT$1.80. Revenue: NT$2.01b (up 22% from FY 2023). Net income: NT$105.9m (up 2.4% from FY 2023). Profit margin: 5.3% (down from 6.3% in FY 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$70.50, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 76% over the past three years.공고 • Mar 13Taiwan Microloops Corp., Annual General Meeting, May 26, 2025Taiwan Microloops Corp., Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: b2 floor no,726, chung cheng rd., jhonghe district, new taipei city TaiwanNew Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.7% average weekly change).New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$98.00, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 109% over the past three years.New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding).Upcoming Dividend • Aug 09Upcoming dividend of NT$0.78 per shareEligible shareholders must have bought the stock before 16 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 121% over the past year.Reported Earnings • Apr 25Full year 2023 earnings released: EPS: NT$2.03 (vs NT$1.88 in FY 2022)Full year 2023 results: EPS: NT$2.03 (up from NT$1.88 in FY 2022). Revenue: NT$1.64b (up 2.1% from FY 2022). Net income: NT$103.4m (up 20% from FY 2022). Profit margin: 6.3% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue.New Risk • Apr 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).공고 • Mar 31Taiwan Microloops Corp., Annual General Meeting, Jun 19, 2024Taiwan Microloops Corp., Annual General Meeting, Jun 19, 2024.New Risk • Mar 14New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$78.20, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 57% over the past year.New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 47% over the past year.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: NT$2.20 (vs NT$1.22 in FY 2021)Full year 2022 results: EPS: NT$2.20 (up from NT$1.22 in FY 2021). Revenue: NT$1.61b (up 5.5% from FY 2021). Net income: NT$86.4m (up 90% from FY 2021). Profit margin: 5.4% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue.이익 및 매출 성장 예측TWSE:6831 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202829,6265,8441551,355112/31/202712,3572,067122650212/31/20266,86193511244723/31/20263,991332-32456N/A12/31/20253,703301-572-240N/A9/30/20253,289222-562-223N/A6/30/20252,64179-24055N/A3/31/20252,12486-440123N/A12/31/20242,005106-394137N/A9/30/20241,913105-236216N/A6/30/20241,842131-272207N/A3/31/20241,704118-25156N/A12/31/20231,6421037180N/A9/30/20231,5617352205N/A6/30/20231,4814397230N/A3/31/20231,54465141252N/A12/31/20221,60887185274N/A9/30/20221,67492118189N/A6/30/20221,7409651104N/A3/31/20221,63271-16560N/A12/31/20211,52446-38116N/A9/30/20211,35452-36539N/A6/30/20211,18558-34862N/A3/31/20211,03862-16179N/A12/31/2020892672797N/A12/31/20196210N/A32N/A12/31/201865419N/A-6N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6831 의 연간 예상 수익 증가율(75.8%)이 saving rate(1.3%)보다 높습니다.수익 vs 시장: 6831 의 연간 수익(75.8%)이 TW 시장(25.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 6831 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 6831 의 수익(연간 61.7%)이 TW 시장(연간 20.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 6831 의 수익(연간 61.7%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6831의 자본 수익률은 3년 후 56.6%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/30 07:24종가2026/07/30 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 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 소스Taiwan Microloops Corp.는 1명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Helen ChienDaiwa Securities Co. Ltd.
New Risk • Jul 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (46% accrual ratio).
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.66 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.66 (up from NT$0.22 in 1Q 2025). Revenue: NT$854.4m (up 51% from 1Q 2025). Net income: NT$44.6m (up 233% from 1Q 2025). Profit margin: 5.2% (up from 2.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$386, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 878% over the past three years.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.94 (vs NT$1.80 in FY 2024)Full year 2025 results: EPS: NT$4.94 (up from NT$1.80 in FY 2024). Revenue: NT$3.70b (up 85% from FY 2024). Net income: NT$300.7m (up 184% from FY 2024). Profit margin: 8.1% (up from 5.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 12Taiwan Microloops Corp., Annual General Meeting, Jun 23, 2026Taiwan Microloops Corp., Annual General Meeting, Jun 23, 2026. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$262, the stock trades at a trailing P/E ratio of 70.8x. Average trailing P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 616% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$283, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 687% over the past three years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$230, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 529% over the past three years.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$2.49 (vs NT$0.11 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.49 (up from NT$0.11 in 3Q 2024). Revenue: NT$1.15b (up 128% from 3Q 2024). Net income: NT$149.3m (up NT$142.5m from 3Q 2024). Profit margin: 13% (up from 1.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Sep 18Taiwan Microloops Corp. has filed a Follow-on Equity Offering in the amount of TWD 0.8625 million.Taiwan Microloops Corp. has filed a Follow-on Equity Offering in the amount of TWD 0.8625 million. Security Name: Shares Security Type: Common Stock Securities Offered: 7,500 Price(maximum): TWD 115
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.56 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$0.56 in 2Q 2024). Revenue: NT$1.04b (up 99% from 2Q 2024). Net income: NT$25.4m (down 20% from 2Q 2024). Profit margin: 2.4% (down from 6.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 65% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 05Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 18 July 2025. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$83.80, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 97% over the past three years.
New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.7% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (52% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.0% net profit margin).
Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$1.80 (vs NT$1.93 in FY 2023)Full year 2024 results: EPS: NT$1.80. Revenue: NT$2.01b (up 22% from FY 2023). Net income: NT$105.9m (up 2.4% from FY 2023). Profit margin: 5.3% (down from 6.3% in FY 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$70.50, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 76% over the past three years.
공고 • Mar 13Taiwan Microloops Corp., Annual General Meeting, May 26, 2025Taiwan Microloops Corp., Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: b2 floor no,726, chung cheng rd., jhonghe district, new taipei city Taiwan
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.7% average weekly change).
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$98.00, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 109% over the past three years.
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding).
Upcoming Dividend • Aug 09Upcoming dividend of NT$0.78 per shareEligible shareholders must have bought the stock before 16 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$102, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 121% over the past year.
Reported Earnings • Apr 25Full year 2023 earnings released: EPS: NT$2.03 (vs NT$1.88 in FY 2022)Full year 2023 results: EPS: NT$2.03 (up from NT$1.88 in FY 2022). Revenue: NT$1.64b (up 2.1% from FY 2022). Net income: NT$103.4m (up 20% from FY 2022). Profit margin: 6.3% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue.
New Risk • Apr 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
공고 • Mar 31Taiwan Microloops Corp., Annual General Meeting, Jun 19, 2024Taiwan Microloops Corp., Annual General Meeting, Jun 19, 2024.
New Risk • Mar 14New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$78.20, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 57% over the past year.
New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 47% over the past year.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: NT$2.20 (vs NT$1.22 in FY 2021)Full year 2022 results: EPS: NT$2.20 (up from NT$1.22 in FY 2021). Revenue: NT$1.61b (up 5.5% from FY 2021). Net income: NT$86.4m (up 90% from FY 2021). Profit margin: 5.4% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue.