Declared Dividend • Jul 01
Dividend of NT$2.28 announced Shareholders will receive a dividend of NT$2.28. Ex-date: 17th July 2026 Payment date: 14th August 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 45% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 10
Full year 2025 earnings released: EPS: NT$4.20 (vs NT$3.33 in FY 2024) Full year 2025 results: EPS: NT$4.20 (up from NT$3.33 in FY 2024). Revenue: NT$1.97b (flat on FY 2024). Net income: NT$297.4m (up 28% from FY 2024). Profit margin: 15% (up from 12% in FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. 공고 • Mar 26
EASYCARD Corporation, Annual General Meeting, Jun 17, 2026 EASYCARD Corporation, Annual General Meeting, Jun 17, 2026. Location: 10 floor no,196, ching mao 2nd rd., nangang district, taipei city Taiwan New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 2025 fiscal period end). Dividend is not well covered by earnings (95% payout ratio). Buy Or Sell Opportunity • Aug 20
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at NT$66.90. The fair value is estimated to be NT$55.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 46%. New Risk • Aug 19
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 95% Dividend yield: 4.5% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings 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. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 11
Upcoming dividend of NT$2.95 per share Eligible shareholders must have bought the stock before 15 July 2025. Payment date: 11 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.4%). Declared Dividend • Jun 27
Dividend increased to NT$2.95 Dividend of NT$2.95 is 13% higher than last year. Ex-date: 15th July 2025 Payment date: 11th August 2025 Dividend yield will be 4.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (89.6% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 99% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: NT$3.33 (vs NT$2.87 in FY 2023) Full year 2024 results: EPS: NT$3.33 (up from NT$2.87 in FY 2023). Revenue: NT$1.96b (up 1.9% from FY 2023). Net income: NT$233.0m (up 16% from FY 2023). Profit margin: 12% (up from 10% in FY 2023). 공고 • Mar 27
EASYCARD Corporation, Annual General Meeting, Jun 18, 2025 EASYCARD Corporation, Annual General Meeting, Jun 18, 2025. Location: 10 floor no,196, ching mao 2nd rd., nangang district, taipei city Taiwan New Risk • Mar 03
New minor risk - Financial data availability The 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 05
Upcoming dividend of NT$2.62 per share Eligible shareholders must have bought the stock before 12 July 2024. Payment date: 09 August 2024. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.6%). New Risk • May 25
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 91% Dividend yield: 3.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings 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. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. 공고 • Apr 12
EASYCARD Corporation, Annual General Meeting, Jun 24, 2024 EASYCARD Corporation, Annual General Meeting, Jun 24, 2024. New Risk • Mar 01
New minor risk - Financial data availability The 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. This is currently the only risk that has been identified for the company. New Risk • Nov 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change).