View Financial HealthO-TA Precision Industry 배당 및 자사주 매입배당 기준 점검 2/6O-TA Precision Industry 은(는) 현재 수익률이 8.27% 인 배당금 지급 회사입니다.핵심 정보8.3%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-14.9%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향156%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 25Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 18 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.4%).Declared Dividend • May 07Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 1st June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 14% EPS decline seen over the last 5 years.Declared Dividend • May 19Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 3rd June 2025 Payment date: 20th June 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 16% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.Declared Dividend • May 29Dividend reduced to NT$4.30Dividend of NT$4.30 is 67% lower than last year. Ex-date: 6th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • May 17Upcoming dividend of NT$12.85 per share at 12% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (4.9%).Upcoming Dividend • Jun 10Upcoming dividend of NT$13.70 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.1%).모든 업데이트 보기Recent updatesNew Risk • Aug 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 156% The company is paying a dividend despite having no free cash flows. Dividend yield: 8.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 156% Paying a dividend despite having no free cash flows. Earnings have declined by 35% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (4.8% net profit margin).Upcoming Dividend • May 25Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 18 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.4%).Declared Dividend • May 07Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 1st June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 14% EPS decline seen over the last 5 years.Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.052 (vs NT$0.68 in 1Q 2025)First quarter 2026 results: EPS: NT$0.052 (down from NT$0.68 in 1Q 2025). Revenue: NT$1.01b (up 16% from 1Q 2025). Net income: NT$4.36m (down 92% from 1Q 2025). Profit margin: 0.4% (down from 6.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공고 • Mar 09O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county TaiwanReported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$5.63 (vs NT$5.66 in FY 2024)Full year 2025 results: EPS: NT$5.63 (down from NT$5.66 in FY 2024). Revenue: NT$4.63b (flat on FY 2024). Net income: NT$472.2m (flat on FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.New Risk • Nov 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Buy Or Sell Opportunity • Sep 30Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to NT$73.00. The fair value is estimated to be NT$59.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 60%.Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: NT$1.63 (vs NT$2.06 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.63 (down from NT$2.06 in 2Q 2024). Revenue: NT$1.01b (down 28% from 2Q 2024). Net income: NT$136.5m (down 21% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.공고 • May 30O-TA Precision Industry Co., Ltd. Approves Board ElectionsO-TA Precision Industry Co., Ltd. announced that at its AGM held on May 29, 2025, the shareholders approved election of the company’s directors: Director-LIN, CHON-CHEN; Director-NAN FENG XIN CO., LTD. Representative: LAUREN-JACQUELINE PAN; Director-NAN FENG XIN CO., LTD. Representative: KRISTEN-JULIA PAN; Director-LIN, HUN-CHER; Director-LEE, SHANG-YANG; Independent Director-KO, TSUNG-LI; Independent Director-CHEN, SHUH; Independent Director-CHANG, TIEN-SHENG.Declared Dividend • May 19Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 3rd June 2025 Payment date: 20th June 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 16% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$1.17 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (down from NT$1.17 in 1Q 2024). Revenue: NT$875.7m (down 13% from 1Q 2024). Net income: NT$57.0m (down 42% from 1Q 2024). Profit margin: 6.5% (down from 9.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$60.00, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 15x in the Leisure industry in Taiwan. Total loss to shareholders of 45% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$5.66 (vs NT$4.85 in FY 2023)Full year 2024 results: EPS: NT$5.66 (up from NT$4.85 in FY 2023). Revenue: NT$4.64b (up 6.2% from FY 2023). Net income: NT$474.3m (up 17% from FY 2023). Profit margin: 10% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.공고 • Mar 13O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county TaiwanReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.70 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.09 (up from NT$0.70 in 3Q 2023). Revenue: NT$1.26b (up 23% from 3Q 2023). Net income: NT$91.5m (up 56% from 3Q 2023). Profit margin: 7.3% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.공고 • Oct 29O-TA Precision Industry Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024O-TA Precision Industry Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024Buy Or Sell Opportunity • Sep 16Now 20% overvaluedOver the last 90 days, the stock has fallen 8.2% to NT$84.20. The fair value is estimated to be NT$70.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 33%.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.06 (vs NT$1.74 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.06 (up from NT$1.74 in 2Q 2023). Revenue: NT$1.40b (up 46% from 2Q 2023). Net income: NT$172.3m (up 18% from 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공고 • Jul 30O-TA Precision Industry Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024O-TA Precision Industry Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024Declared Dividend • May 29Dividend reduced to NT$4.30Dividend of NT$4.30 is 67% lower than last year. Ex-date: 6th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$1.17 (vs NT$1.18 in 1Q 2023)First quarter 2024 results: EPS: NT$1.17 (down from NT$1.18 in 1Q 2023). Revenue: NT$1.00b (down 23% from 1Q 2023). Net income: NT$98.0m (flat on 1Q 2023). Profit margin: 9.8% (up from 7.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 02Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$4.85 (down from NT$21.40 in FY 2022). Revenue: NT$4.37b (down 43% from FY 2022). Net income: NT$406.5m (down 77% from FY 2022). Profit margin: 9.3% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.공고 • Mar 16O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024. Location: No.8, Jianfu Rd., Neipu Township, Pingtung County 912018, Taiwan Pingtung County Taiwan Agenda: To consider 2023 Business Report; to 2023 Audit Committee’s Review Report ; to 2023 Cash Dividend Distribution from Earnings Report ; to 2023 Employee and Director Remuneration Distribution Report; to 2023 Execution of Financial and Business Matters with Related Parties ; to Proposal of Approval on 2023 Business Report and Financial Statements ; to Proposal of Approval on 2023 Earnings Distribution ; and to consider other matters if any.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.70 (down from NT$4.41 in 3Q 2022). Revenue: NT$1.03b (down 40% from 3Q 2022). Net income: NT$58.5m (down 84% from 3Q 2022). Profit margin: 5.7% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 2.9%. 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 11% per year.Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.74 (down from NT$7.43 in 2Q 2022). Revenue: NT$960.3m (down 59% from 2Q 2022). Net income: NT$145.7m (down 77% from 2Q 2022). Profit margin: 15% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 47%. Earnings per share (EPS) also missed analyst estimates by 62%. Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year.Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$97.00, the stock trades at a trailing P/E ratio of 5x. Average forward P/E is 19x in the Leisure industry in Taiwan. Total returns to shareholders of 213% over the past three years.Upcoming Dividend • May 17Upcoming dividend of NT$12.85 per share at 12% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (4.9%).Price Target Changed • Nov 16Price target decreased to NT$165Down from NT$212, the current price target is an average from 2 analysts. New target price is 46% above last closing price of NT$113. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$20.24 for next year compared to NT$20.19 last year.Reported Earnings • Nov 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$4.41 (down from NT$6.06 in 3Q 2021). Revenue: NT$1.71b (down 25% from 3Q 2021). Net income: NT$369.9m (down 27% from 3Q 2021). Profit margin: 22% (in line with 3Q 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 19Price target decreased to NT$165Down from NT$212, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$124. Stock is down 19% over the past year. The company is forecast to post earnings per share of NT$20.92 for next year compared to NT$20.19 last year.Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: NT$7.43 (vs NT$5.60 in 2Q 2021)Second quarter 2022 results: EPS: NT$7.43 (up from NT$5.60 in 2Q 2021). Revenue: NT$2.34b (up 14% from 2Q 2021). Net income: NT$622.8m (up 33% from 2Q 2021). Profit margin: 27% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$120, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 305% over the past three years.Upcoming Dividend • Jun 10Upcoming dividend of NT$13.70 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.1%).Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$3.12 (down from NT$3.93 in 1Q 2021). Revenue: NT$1.53b (up 7.6% from 1Q 2021). Net income: NT$261.5m (down 21% from 1Q 2021). Profit margin: 17% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 27Price target decreased to NT$193Down from NT$212, the current price target is an average from 2 analysts. New target price is 35% above last closing price of NT$143. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$21.60 for next year compared to NT$20.19 last year.Price Target Changed • Mar 22Price target decreased to NT$193Down from NT$212, the current price target is an average from 2 analysts. New target price is 36% above last closing price of NT$142. Stock is up 56% over the past year. The company is forecast to post earnings per share of NT$21.53 for next year compared to NT$20.19 last year.Reported Earnings • Mar 05Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 05Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS NT$6.06 (vs NT$2.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.27b (up 97% from 3Q 2020). Net income: NT$507.5m (up 133% from 3Q 2020). Profit margin: 22% (up from 19% 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 72% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$5.60 (vs NT$2.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.05b (up 148% from 2Q 2020). Net income: NT$469.2m (up 174% from 2Q 2020). Profit margin: 23% (up from 21% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 63% per year.Price Target Changed • Jun 30Price target increased to NT$206Up from NT$154, the current price target is an average from 2 analysts. New target price is 19% above last closing price of NT$173. Stock is up 361% over the past year.Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 09 July 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • May 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$145, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 15x in the Leisure industry in Taiwan. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$186 per share.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$112, the stock trades at a trailing P/E ratio of 10.6x. Average forward P/E is 13x in the Leisure industry in Taiwan. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$182 per share.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$3.92 (vs NT$1.60 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.42b (up 96% from 1Q 2020). Net income: NT$328.9m (up 146% from 1Q 2020). Profit margin: 23% (up from 19% 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 50% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$117, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 165% over the past three years.분석 기사 • Apr 02We Think O-TA Precision Industry (GTSM:8924) Might Have The DNA Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 39%, compared to a 15% growth forecast for the Leisure industry in Taiwan.공고 • Mar 03O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021.Reported Earnings • Mar 03Full year 2020 earnings released: EPS NT$8.13 (vs NT$5.81 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$3.93b (flat on FY 2019). Net income: NT$681.0m (up 40% from FY 2019). Profit margin: 17% (up from 12% in FY 2019). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 18New 90-day high: NT$66.80The company is up 3.0% from its price of NT$65.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period.분석 기사 • Jan 22O-TA Precision Industry (GTSM:8924) Has Gifted Shareholders With A Fantastic 196% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...Is New 90 Day High Low • Jan 20New 90-day low: NT$57.60The company is down 8.0% from its price of NT$62.40 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period.분석 기사 • Dec 17We Think O-TA Precision Industry (GTSM:8924) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Nov 25Should You Invest In O-TA Precision Industry (GTSM:8924)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS NT$2.61The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.16b (up 14% from 3Q 2019). Net income: NT$218.1m (up 108% from 3Q 2019). Profit margin: 19% (up from 10% in 3Q 2019). The increase in margin was driven by higher revenue. 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 6% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 09New 90-day high: NT$65.80The company is up 72% from its price of NT$38.30 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.26 per share.Is New 90 Day High Low • Oct 06New 90-day high: NT$64.50The company is up 70% from its price of NT$37.85 on 08 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.95 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8924 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 8924 5 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장O-TA Precision Industry 배당 수익률 vs 시장8924의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8924)8.3%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.1%업계 평균 (Leisure)4.2%분석가 예측 (8924) (최대 3년)n/a주목할만한 배당금: 8924 의 배당금( 8.27% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.55% )보다 높습니다.고배당: 8924 의 배당금( 8.27% )은 TW 시장( 5.07% )주주 대상 이익 배당수익 보장: 지급 비율 ( 156.2% )이 높기 때문에 8924 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 8924 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/05 16:06종가2026/08/05 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 소스O-TA Precision Industry Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Crane NiKGI Securities Co. Ltd.Lisa HsiehMasterlink Securities Investment AdvisoryYijun ChenSinoPac Securities Investment Service
Upcoming Dividend • May 25Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 18 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.4%).
Declared Dividend • May 07Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 1st June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 14% EPS decline seen over the last 5 years.
Declared Dividend • May 19Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 3rd June 2025 Payment date: 20th June 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 16% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.
Declared Dividend • May 29Dividend reduced to NT$4.30Dividend of NT$4.30 is 67% lower than last year. Ex-date: 6th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 17Upcoming dividend of NT$12.85 per share at 12% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (4.9%).
Upcoming Dividend • Jun 10Upcoming dividend of NT$13.70 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.1%).
New Risk • Aug 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 156% The company is paying a dividend despite having no free cash flows. Dividend yield: 8.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 156% Paying a dividend despite having no free cash flows. Earnings have declined by 35% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (4.8% net profit margin).
Upcoming Dividend • May 25Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 18 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.4%).
Declared Dividend • May 07Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 1st June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 14% EPS decline seen over the last 5 years.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: NT$0.052 (vs NT$0.68 in 1Q 2025)First quarter 2026 results: EPS: NT$0.052 (down from NT$0.68 in 1Q 2025). Revenue: NT$1.01b (up 16% from 1Q 2025). Net income: NT$4.36m (down 92% from 1Q 2025). Profit margin: 0.4% (down from 6.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공고 • Mar 09O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county Taiwan
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$5.63 (vs NT$5.66 in FY 2024)Full year 2025 results: EPS: NT$5.63 (down from NT$5.66 in FY 2024). Revenue: NT$4.63b (flat on FY 2024). Net income: NT$472.2m (flat on FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
New Risk • Nov 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Buy Or Sell Opportunity • Sep 30Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to NT$73.00. The fair value is estimated to be NT$59.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 60%.
Reported Earnings • Aug 06Second quarter 2025 earnings released: EPS: NT$1.63 (vs NT$2.06 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.63 (down from NT$2.06 in 2Q 2024). Revenue: NT$1.01b (down 28% from 2Q 2024). Net income: NT$136.5m (down 21% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
공고 • May 30O-TA Precision Industry Co., Ltd. Approves Board ElectionsO-TA Precision Industry Co., Ltd. announced that at its AGM held on May 29, 2025, the shareholders approved election of the company’s directors: Director-LIN, CHON-CHEN; Director-NAN FENG XIN CO., LTD. Representative: LAUREN-JACQUELINE PAN; Director-NAN FENG XIN CO., LTD. Representative: KRISTEN-JULIA PAN; Director-LIN, HUN-CHER; Director-LEE, SHANG-YANG; Independent Director-KO, TSUNG-LI; Independent Director-CHEN, SHUH; Independent Director-CHANG, TIEN-SHENG.
Declared Dividend • May 19Dividend of NT$4.30 announcedDividend of NT$4.30 is the same as last year. Ex-date: 3rd June 2025 Payment date: 20th June 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 16% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.
Reported Earnings • May 07First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$1.17 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (down from NT$1.17 in 1Q 2024). Revenue: NT$875.7m (down 13% from 1Q 2024). Net income: NT$57.0m (down 42% from 1Q 2024). Profit margin: 6.5% (down from 9.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$60.00, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 15x in the Leisure industry in Taiwan. Total loss to shareholders of 45% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$5.66 (vs NT$4.85 in FY 2023)Full year 2024 results: EPS: NT$5.66 (up from NT$4.85 in FY 2023). Revenue: NT$4.64b (up 6.2% from FY 2023). Net income: NT$474.3m (up 17% from FY 2023). Profit margin: 10% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
공고 • Mar 13O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county Taiwan
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.70 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.09 (up from NT$0.70 in 3Q 2023). Revenue: NT$1.26b (up 23% from 3Q 2023). Net income: NT$91.5m (up 56% from 3Q 2023). Profit margin: 7.3% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
공고 • Oct 29O-TA Precision Industry Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024O-TA Precision Industry Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
Buy Or Sell Opportunity • Sep 16Now 20% overvaluedOver the last 90 days, the stock has fallen 8.2% to NT$84.20. The fair value is estimated to be NT$70.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 33%.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.06 (vs NT$1.74 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.06 (up from NT$1.74 in 2Q 2023). Revenue: NT$1.40b (up 46% from 2Q 2023). Net income: NT$172.3m (up 18% from 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공고 • Jul 30O-TA Precision Industry Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024O-TA Precision Industry Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024
Declared Dividend • May 29Dividend reduced to NT$4.30Dividend of NT$4.30 is 67% lower than last year. Ex-date: 6th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$1.17 (vs NT$1.18 in 1Q 2023)First quarter 2024 results: EPS: NT$1.17 (down from NT$1.18 in 1Q 2023). Revenue: NT$1.00b (down 23% from 1Q 2023). Net income: NT$98.0m (flat on 1Q 2023). Profit margin: 9.8% (up from 7.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 02Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$4.85 (down from NT$21.40 in FY 2022). Revenue: NT$4.37b (down 43% from FY 2022). Net income: NT$406.5m (down 77% from FY 2022). Profit margin: 9.3% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
공고 • Mar 16O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024. Location: No.8, Jianfu Rd., Neipu Township, Pingtung County 912018, Taiwan Pingtung County Taiwan Agenda: To consider 2023 Business Report; to 2023 Audit Committee’s Review Report ; to 2023 Cash Dividend Distribution from Earnings Report ; to 2023 Employee and Director Remuneration Distribution Report; to 2023 Execution of Financial and Business Matters with Related Parties ; to Proposal of Approval on 2023 Business Report and Financial Statements ; to Proposal of Approval on 2023 Earnings Distribution ; and to consider other matters if any.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.70 (down from NT$4.41 in 3Q 2022). Revenue: NT$1.03b (down 40% from 3Q 2022). Net income: NT$58.5m (down 84% from 3Q 2022). Profit margin: 5.7% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 2.9%. 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 11% per year.
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.74 (down from NT$7.43 in 2Q 2022). Revenue: NT$960.3m (down 59% from 2Q 2022). Net income: NT$145.7m (down 77% from 2Q 2022). Profit margin: 15% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 47%. Earnings per share (EPS) also missed analyst estimates by 62%. Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year.
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$97.00, the stock trades at a trailing P/E ratio of 5x. Average forward P/E is 19x in the Leisure industry in Taiwan. Total returns to shareholders of 213% over the past three years.
Upcoming Dividend • May 17Upcoming dividend of NT$12.85 per share at 12% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (4.9%).
Price Target Changed • Nov 16Price target decreased to NT$165Down from NT$212, the current price target is an average from 2 analysts. New target price is 46% above last closing price of NT$113. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$20.24 for next year compared to NT$20.19 last year.
Reported Earnings • Nov 05Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$4.41 (down from NT$6.06 in 3Q 2021). Revenue: NT$1.71b (down 25% from 3Q 2021). Net income: NT$369.9m (down 27% from 3Q 2021). Profit margin: 22% (in line with 3Q 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 19Price target decreased to NT$165Down from NT$212, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$124. Stock is down 19% over the past year. The company is forecast to post earnings per share of NT$20.92 for next year compared to NT$20.19 last year.
Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: NT$7.43 (vs NT$5.60 in 2Q 2021)Second quarter 2022 results: EPS: NT$7.43 (up from NT$5.60 in 2Q 2021). Revenue: NT$2.34b (up 14% from 2Q 2021). Net income: NT$622.8m (up 33% from 2Q 2021). Profit margin: 27% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$120, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 305% over the past three years.
Upcoming Dividend • Jun 10Upcoming dividend of NT$13.70 per shareEligible shareholders must have bought the stock before 17 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.1%).
Reported Earnings • May 06First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$3.12 (down from NT$3.93 in 1Q 2021). Revenue: NT$1.53b (up 7.6% from 1Q 2021). Net income: NT$261.5m (down 21% from 1Q 2021). Profit margin: 17% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 27Price target decreased to NT$193Down from NT$212, the current price target is an average from 2 analysts. New target price is 35% above last closing price of NT$143. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$21.60 for next year compared to NT$20.19 last year.
Price Target Changed • Mar 22Price target decreased to NT$193Down from NT$212, the current price target is an average from 2 analysts. New target price is 36% above last closing price of NT$142. Stock is up 56% over the past year. The company is forecast to post earnings per share of NT$21.53 for next year compared to NT$20.19 last year.
Reported Earnings • Mar 05Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 05Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS NT$6.06 (vs NT$2.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.27b (up 97% from 3Q 2020). Net income: NT$507.5m (up 133% from 3Q 2020). Profit margin: 22% (up from 19% 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 72% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$5.60 (vs NT$2.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.05b (up 148% from 2Q 2020). Net income: NT$469.2m (up 174% from 2Q 2020). Profit margin: 23% (up from 21% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 63% per year.
Price Target Changed • Jun 30Price target increased to NT$206Up from NT$154, the current price target is an average from 2 analysts. New target price is 19% above last closing price of NT$173. Stock is up 361% over the past year.
Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 09 July 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • May 29Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$145, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 15x in the Leisure industry in Taiwan. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$186 per share.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$112, the stock trades at a trailing P/E ratio of 10.6x. Average forward P/E is 13x in the Leisure industry in Taiwan. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$182 per share.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$3.92 (vs NT$1.60 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.42b (up 96% from 1Q 2020). Net income: NT$328.9m (up 146% from 1Q 2020). Profit margin: 23% (up from 19% 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 50% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$117, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 165% over the past three years.
분석 기사 • Apr 02We Think O-TA Precision Industry (GTSM:8924) Might Have The DNA Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 39%, compared to a 15% growth forecast for the Leisure industry in Taiwan.
공고 • Mar 03O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS NT$8.13 (vs NT$5.81 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$3.93b (flat on FY 2019). Net income: NT$681.0m (up 40% from FY 2019). Profit margin: 17% (up from 12% in FY 2019). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 18New 90-day high: NT$66.80The company is up 3.0% from its price of NT$65.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period.
분석 기사 • Jan 22O-TA Precision Industry (GTSM:8924) Has Gifted Shareholders With A Fantastic 196% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
Is New 90 Day High Low • Jan 20New 90-day low: NT$57.60The company is down 8.0% from its price of NT$62.40 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period.
분석 기사 • Dec 17We Think O-TA Precision Industry (GTSM:8924) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Nov 25Should You Invest In O-TA Precision Industry (GTSM:8924)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS NT$2.61The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.16b (up 14% from 3Q 2019). Net income: NT$218.1m (up 108% from 3Q 2019). Profit margin: 19% (up from 10% in 3Q 2019). The increase in margin was driven by higher revenue. 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 6% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 09New 90-day high: NT$65.80The company is up 72% from its price of NT$38.30 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.26 per share.
Is New 90 Day High Low • Oct 06New 90-day high: NT$64.50The company is up 70% from its price of NT$37.85 on 08 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.95 per share.