View Financial HealthSolar Applied Materials Technology 배당 및 자사주 매입배당 기준 점검 1/6Solar Applied Materials Technology 수익으로 충분히 충당되는 현재 수익률 1.35% 보유한 배당금 지급 회사입니다.핵심 정보1.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률10.9%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향39%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% 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 increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.모든 업데이트 보기Recent updatesReported Earnings • May 19First quarter 2026 earnings released: EPS: NT$2.54 (vs NT$0.60 in 1Q 2025)First quarter 2026 results: EPS: NT$2.54 (up from NT$0.60 in 1Q 2025). Revenue: NT$14.6b (up 77% from 1Q 2025). Net income: NT$1.51b (up 323% from 1Q 2025). Profit margin: 10% (up from 4.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$150, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 356% over the past three years.New Risk • May 08New 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$105, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 213% over the past three years.Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$3.14 (vs NT$3.21 in FY 2024)Full year 2025 results: EPS: NT$3.14 (down from NT$3.21 in FY 2024). Revenue: NT$39.4b (up 32% from FY 2024). Net income: NT$1.87b (down 1.9% from FY 2024). Profit margin: 4.7% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$74.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 125% over the past three years.공시 • Mar 09Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.17 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.17 (up from NT$0.77 in 3Q 2024). Revenue: NT$10.4b (up 37% from 3Q 2024). Net income: NT$694.3m (up 52% from 3Q 2024). Profit margin: 6.7% (up from 6.0% 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 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% 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 increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.New Risk • May 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.1% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.73 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (down from NT$0.73 in 1Q 2024). Revenue: NT$8.24b (up 31% from 1Q 2024). Net income: NT$358.3m (down 17% from 1Q 2024). Profit margin: 4.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.공시 • Apr 25Solar Applied Materials Technology Corporation to Report Q1, 2025 Results on May 02, 2025Solar Applied Materials Technology Corporation announced that they will report Q1, 2025 results on May 02, 2025New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.9% 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: Major Risk Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$3.21 (vs NT$1.83 in FY 2023)Full year 2024 results: EPS: NT$3.21 (up from NT$1.83 in FY 2023). Revenue: NT$29.8b (up 32% from FY 2023). Net income: NT$1.90b (up 75% from FY 2023). Profit margin: 6.4% (up from 4.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.공시 • Mar 10Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city TaiwanNew Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 3Q 2023). Revenue: NT$7.62b (up 28% from 3Q 2023). Net income: NT$458.0m (up 12% from 3Q 2023). Profit margin: 6.0% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공시 • Oct 28Solar Applied Materials Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Solar Applied Materials Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.62 (down from NT$0.77 in 2Q 2023). Revenue: NT$7.60b (up 32% from 2Q 2023). Net income: NT$367.0m (down 19% from 2Q 2023). Profit margin: 4.8% (down from 7.9% 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 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Aug 02Solar Applied Materials Technology Corporation to Report Q2, 2024 Results on Aug 09, 2024Solar Applied Materials Technology Corporation announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$75.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$56.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$0.73 (up from NT$0.27 in 1Q 2023). Revenue: NT$6.31b (up 30% from 1Q 2023). Net income: NT$430.5m (up 167% from 1Q 2023). Profit margin: 6.8% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.공시 • Apr 26Solar Applied Materials Technology Corporation to Report Q1, 2024 Results on May 02, 2024Solar Applied Materials Technology Corporation announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Mar 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$1.83 (down from NT$2.35 in FY 2022). Revenue: NT$22.6b (down 12% from FY 2022). Net income: NT$1.08b (down 22% from FY 2022). Profit margin: 4.8% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.공시 • Mar 07Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024. Location: 207 Conference Room of Southern Taiwan Innovation & Research Park, MOEA (No. 31, Gongye 2nd Road, Annan District, Tainan City) Tainan City Taiwan Agenda: To consider 2023 Business Report; 2023 Audit Committee's Financial Statement Review Report; The Companys report on its issuance of secured corporate bond (green bond); and to discuss other matters.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.69 (down from NT$0.89 in 3Q 2022). Revenue: NT$5.95b (down 1.3% from 3Q 2022). Net income: NT$408.4m (down 23% from 3Q 2022). Profit margin: 6.9% (down from 8.7% in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Oct 18Solar Applied Materials Technology Corp Announces Change in Representative of Institutional DirectorSolar Applied Materials Technology Corp. announced the resignation of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Chief Finance Officer of Xxentria Technology Materials Co. Ltd. Yu-Cheng Cheng is R&D Engineer of Xxentria Technology Materials Co. Ltd. The company announced the appointment of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Vice President of Solar Applied materials technology corp. Yu-Cheng Cheng is Assistant Vice President of Solar Applied materials technology corp.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.77 (up from NT$0.62 in 2Q 2022). Revenue: NT$5.76b (down 17% from 2Q 2022). Net income: NT$455.2m (up 25% from 2Q 2022). Profit margin: 7.9% (up from 5.2% in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 12Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 16 August 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.8%).공시 • Jun 13Solar Applied Materials Technology Corporation Announces Remuneration Committee ChangesSolar Applied Materials Technology Corporation announced changes in the sixth remuneration committee. Name of the previous position holder: Feng-Chi Kao, Tse-Hsiang Ting, Chun-Hung Tung. Resume of the previous position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Tse-Hsiang Ting/Certified Public Accountant of Nan Tai Union & Co., Supervisor of Ya Horng Electronic Co. Ltd., Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd. Name of the new position holder: Feng-Chi Kao, Chun-Hung Tung, Chia-Hsin Chang, Pi-Chuan Sun. Resume of the new position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd., Chia-Hsin Chang /Joint certified public accountant at KPMG. Pi-Chuan Sun /Dean of School of Business Administration of Tatung University. Effective date of the new member: June 8, 2023.공시 • Jun 09Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 16, 2023Solar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share, total cash dividend of TWD 895,278,365. Ex-rights (Ex-dividend) date is July 19, 2023; Ex-rights (Ex-dividend) record date is July 25, 2023; Payment date of cash dividend distribution is August 16, 2023.공시 • Jun 01Solar Applied Materials Technology Corporation Announces Audit Committee ChangesSolar Applied Materials Technology Corporation appointed Chia-Hsin Chang, Joint certified public accountant at KPMG and Pi-Chuan Sun, Dean of School of Business Administration of Tatung University as Members of the Audit Committee in place of Tse-Hsiang Ting. Effective date of the new member is May 30, 2023.Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$2.35 (up from NT$2.15 in FY 2021). Revenue: NT$25.8b (down 18% from FY 2021). Net income: NT$1.39b (up 11% from FY 2021). Profit margin: 5.4% (up from 4.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 108% over the past three years.Price Target Changed • Nov 16Price target decreased to NT$43.50Down from NT$61.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$34.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$2.44 for next year compared to NT$2.15 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$0.89 (up from NT$0.61 in 3Q 2021). Revenue: NT$6.03b (down 27% from 3Q 2021). Net income: NT$527.3m (up 46% from 3Q 2021). Profit margin: 8.7% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 78%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$29.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Chemicals industry in Taiwan. Total returns to shareholders of 42% over the past three years.공시 • Sep 28Solar Applied Materials Technology Corporation Announces the Resignation of Chien-Yung Ma as CTOSolar Applied Materials Technology Corporation announced the resignation of Chien-Yung Ma as CTO, effective September 27, 2022.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.62 (up from NT$0.53 in 2Q 2021). Revenue: NT$6.96b (down 9.1% from 2Q 2021). Net income: NT$365.4m (up 17% from 2Q 2021). Profit margin: 5.2% (up from 4.1% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to decline by 8.9% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.Major Estimate Revision • Aug 05Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$32.6b to NT$28.2b. EPS estimate fell from NT$2.85 to NT$2.44 per share. Net income forecast to grow 9.9% next year vs 13% decline forecast for Chemicals industry in Taiwan. Consensus price target down from NT$61.50 to NT$43.50. Share price fell 3.1% to NT$35.95 over the past week.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.49 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).Price Target Changed • Jul 06Price target increased to NT$61.50Up from NT$49.00, the current price target is an average from 2 analysts. New target price is 63% above last closing price of NT$37.75. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$2.85 for next year compared to NT$2.15 last year.Board Change • Jul 06Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 17Solar Applied Materials Technology Corporation Announces Cash DividendSolar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share.공시 • Jun 01Solar Applied Materials Technology Corporation Announces Executive Changes, Effective May 31, 2022Solar Applied Materials Technology Corporation announced that Chii-Feng Huang President, Solar Applied Materials appointed in place of Chien-Yung Ma Chairman of Solar Applied Material Technology Corp. Effective May 31, 2022.공시 • Apr 07Solar Applied Materials Technology Corporation's Subsidiary Solar Chemical (Kunshan) Suspends Operation to Cooperate with the Local Government's Epidemic Prevention PoliciesSolar Applied Materials Technology Corporation announced on behalf of important subsidiary Solar Chemical (KunShan) suspended operation to cooperate with the local government's epidemic prevention policies. The company cooperates with local government regulations to take contingency measures to ensure the safety and health of employees.Reported Earnings • Mar 19Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$2.15 (up from NT$1.69 in FY 2020). Revenue: NT$31.4b (up 18% from FY 2020). Net income: NT$1.26b (up 49% from FY 2020). Profit margin: 4.0% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 2.9% compared to a 2.1% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 10Solar Applied Materials Technology Corporation Announces Resignation of Members of Remuneration Committee and Audit CommitteeSolar Applied Materials Technology Corporation announced the Name of the previous position holder: Mr. Chen-Ming Fang, Ms. Mei-Hui Wu, Independent director of Solar. The company received the letters of resignation on March 8,2022, and the resignations take effect on March 8, 2022. Resume of the new position holder: Member of Remuneration Committee shall be announced after appointment, and member of Audit Committee shall be announced after re-election.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$8.26b (up 10.0% from 3Q 2020). Net income: NT$361.6m (up 37% from 3Q 2020). Profit margin: 4.4% (up from 3.5% 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 24% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 19Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.66b (up 19% from 2Q 2020). Net income: NT$311.9m (up 70% from 2Q 2020). Profit margin: 4.1% (up from 2.9% 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 26% per year whereas the company’s share price has increased by 31% per year.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 89% over the past three years.Price Target Changed • May 14Price target increased to NT$53.50Up from NT$49.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of NT$43.40. Stock is up 121% over the past year.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.27 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.37b (up 36% from 1Q 2020). Net income: NT$262.2m (up 96% from 1Q 2020). Profit margin: 3.6% (up from 2.5% 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 32% per year whereas the company’s share price has increased by 31% per year.분석 기사 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$55.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 145% over the past three years.분석 기사 • Mar 26Is Solar Applied Materials Technology Corporation (GTSM:1785) An Attractive Dividend Stock?Is Solar Applied Materials Technology Corporation ( GTSM:1785 ) a good dividend stock? How can we tell? Dividend paying...Major Estimate Revision • Mar 16Analysts update estimatesThe 2021 consensus revenue estimate increased from NT$27.6b to NT$30.3b. Earnings per share (EPS) estimate was lowered from NT$2.48 to NT$2.20 for the same period. Net income is expected to grow by 54% next year compared to 63% growth forecast for the Chemicals industry in Taiwan. The consensus price target increased from NT$49.00 to NT$51.00. Share price stayed mostly flat at NT$46.05 over the past week.분석 기사 • Mar 11Earnings Beat: Solar Applied Materials Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, Solar Applied Materials Technology Corporation ( GTSM:1785 ) recently reported its annual numbers...분석 기사 • Mar 09Can Solar Applied Materials Technology (GTSM:1785) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Mar 09Full year 2020 earnings released: EPS NT$1.69 (vs NT$2.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$26.7b (up 21% from FY 2019). Net income: NT$843.4m (down 19% from FY 2019). Profit margin: 3.2% (down from 4.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Mar 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.분석 기사 • Feb 24Why Solar Applied Materials Technology Corporation (GTSM:1785) Looks Like A Quality CompanyOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...분석 기사 • Feb 11Is Now An Opportune Moment To Examine Solar Applied Materials Technology Corporation (GTSM:1785)?Solar Applied Materials Technology Corporation ( GTSM:1785 ), is not the largest company out there, but it saw...Is New 90 Day High Low • Feb 02New 90-day low: NT$43.20The company is down 1.0% from its price of NT$43.60 on 05 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.18 per share.분석 기사 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Jan 18Solar Applied Materials Technology Corporation's (GTSM:1785) Intrinsic Value Is Potentially 34% Above Its Share PriceIn this article we are going to estimate the intrinsic value of Solar Applied Materials Technology Corporation...Is New 90 Day High Low • Jan 07New 90-day high: NT$48.75The company is up 10.0% from its price of NT$44.40 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.95 per share.분석 기사 • Jan 06Did You Miss Solar Applied Materials Technology's (GTSM:1785) Impressive 116% Share Price Gain?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...분석 기사 • Dec 25Here's Why We Don't Think Solar Applied Materials Technology's (GTSM:1785) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...분석 기사 • Dec 13What Makes Solar Applied Materials Technology Corporation (GTSM:1785) A Great Dividend Stock?Today we'll take a closer look at Solar Applied Materials Technology Corporation ( GTSM:1785 ) from a dividend...분석 기사 • Dec 01Will Solar Applied Materials Technology's (GTSM:1785) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Nov 19Can Solar Applied Materials Technology Corporation (GTSM:1785) Maintain Its Strong Returns?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Nov 12New 90-day high: NT$45.65The company is up 14% from its price of NT$40.00 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals 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$58.58 per share.Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.51b (up 14% from 3Q 2019). Net income: NT$263.3m (up 33% from 3Q 2019). Profit margin: 3.5% (up from 3.0% 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 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 1785 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 1785 의 배당금 지급이 증가했지만 회사는 7 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Solar Applied Materials Technology 배당 수익률 vs 시장1785의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (1785)1.4%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Chemicals)1.6%분석가 예측 (1785) (최대 3년)n/a주목할만한 배당금: 1785 의 배당금( 1.35% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.36% )와 비교해 주목할 만하지 않습니다.고배당: 1785 의 배당금( 1.35% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.99% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 39.3% )로 1785 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 1785 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 분석2026/05/26 23:39종가2026/05/26 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Solar Applied Materials Technology Corporation는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Wei Chung HuangKGI Securities Co. Ltd.Kan-Chi LeeYuanta Research
Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% 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 increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).
Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$2.54 (vs NT$0.60 in 1Q 2025)First quarter 2026 results: EPS: NT$2.54 (up from NT$0.60 in 1Q 2025). Revenue: NT$14.6b (up 77% from 1Q 2025). Net income: NT$1.51b (up 323% from 1Q 2025). Profit margin: 10% (up from 4.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$150, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 32x in the Chemicals industry in Taiwan. Total returns to shareholders of 356% over the past three years.
New Risk • May 08New 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$105, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 213% over the past three years.
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$3.14 (vs NT$3.21 in FY 2024)Full year 2025 results: EPS: NT$3.14 (down from NT$3.21 in FY 2024). Revenue: NT$39.4b (up 32% from FY 2024). Net income: NT$1.87b (down 1.9% from FY 2024). Profit margin: 4.7% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$74.00, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 125% over the past three years.
공시 • Mar 09Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026Solar Applied Materials Technology Corporation, Annual General Meeting, May 25, 2026. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.17 (vs NT$0.77 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.17 (up from NT$0.77 in 3Q 2024). Revenue: NT$10.4b (up 37% from 3Q 2024). Net income: NT$694.3m (up 52% from 3Q 2024). Profit margin: 6.7% (up from 6.0% 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 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 14Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 21 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 21st July 2025 Payment date: 15th August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (54% 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 increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jun 21Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 15, 2025Solar Applied Materials Technology Corporation announced cash dividend of TWD 2.0 per share. Total cash dividend of TWD 1,192,142,486. Ex-rights (Ex-dividend) date: July 21, 2025. Ex-rights (Ex-dividend) record date: July 27, 2025. Payment date of cash dividend distribution: August 15, 2025. The company announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 2.0 per share, total cash dividend of TWD 1,192,142,486. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 2.00013422 per share, total cash dividend of TWD 1,192,142,486. Reason for the change: Due to the issuance of restricted stocks for employees, the company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on June 12, 2025.
New Risk • May 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.1% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.73 in 1Q 2024)First quarter 2025 results: EPS: NT$0.60 (down from NT$0.73 in 1Q 2024). Revenue: NT$8.24b (up 31% from 1Q 2024). Net income: NT$358.3m (down 17% from 1Q 2024). Profit margin: 4.3% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year.
공시 • Apr 25Solar Applied Materials Technology Corporation to Report Q1, 2025 Results on May 02, 2025Solar Applied Materials Technology Corporation announced that they will report Q1, 2025 results on May 02, 2025
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.9% 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: Major Risk Debt is not well covered by operating cash flow (3.6% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$51.90, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$3.21 (vs NT$1.83 in FY 2023)Full year 2024 results: EPS: NT$3.21 (up from NT$1.83 in FY 2023). Revenue: NT$29.8b (up 32% from FY 2023). Net income: NT$1.90b (up 75% from FY 2023). Profit margin: 6.4% (up from 4.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
공시 • Mar 10Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025Solar Applied Materials Technology Corporation, Annual General Meeting, Jun 12, 2025. Location: 2 floor no,31, kung yeh 2nd rd., an nan district, tainan city Taiwan
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 3Q 2023). Revenue: NT$7.62b (up 28% from 3Q 2023). Net income: NT$458.0m (up 12% from 3Q 2023). Profit margin: 6.0% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공시 • Oct 28Solar Applied Materials Technology Corporation to Report Q3, 2024 Results on Nov 04, 2024Solar Applied Materials Technology Corporation announced that they will report Q3, 2024 results on Nov 04, 2024
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.77 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.62 (down from NT$0.77 in 2Q 2023). Revenue: NT$7.60b (up 32% from 2Q 2023). Net income: NT$367.0m (down 19% from 2Q 2023). Profit margin: 4.8% (down from 7.9% 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 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Aug 02Solar Applied Materials Technology Corporation to Report Q2, 2024 Results on Aug 09, 2024Solar Applied Materials Technology Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$75.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$56.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.
Declared Dividend • Jun 13Dividend reduced to NT$1.20Dividend of NT$1.20 is 20% lower than last year. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (208% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 13Solar Applied Materials Technology Corporation Announces Dividend Distribution, Payable on August 16, 2024Solar Applied Materials Technology Corporation announced adjustment in cash dividend payout ratio. Type and monetary amount of original dividend distribution: A cash dividend of TWD 1.2 per share Total cash dividend of TWD 715,490,092. Type and monetary amount of dividend distribution after the change: A cash dividend of TWD 1.20010869 per share Total cash dividend of TWD 715,490,092. Reason for the change: Due to the issuance of restricted stocks for employees,the Company's total number of outstanding shares has been affected. Thus, the Chairman is authorized to adjust dividend payout ratio in accordance with the resolution made by the shareholders' meeting on May 30, 2024. Ex-rights (Ex-dividend) date: July 18, 2024. Ex-rights (Ex-dividend) record date: July 25, 2024. Payment date of cash dividend distribution: August 16, 2024.
Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$0.73 (up from NT$0.27 in 1Q 2023). Revenue: NT$6.31b (up 30% from 1Q 2023). Net income: NT$430.5m (up 167% from 1Q 2023). Profit margin: 6.8% (up from 3.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
공시 • Apr 26Solar Applied Materials Technology Corporation to Report Q1, 2024 Results on May 02, 2024Solar Applied Materials Technology Corporation announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Mar 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$1.83 (down from NT$2.35 in FY 2022). Revenue: NT$22.6b (down 12% from FY 2022). Net income: NT$1.08b (down 22% from FY 2022). Profit margin: 4.8% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
공시 • Mar 07Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024Solar Applied Materials Technology Corporation, Annual General Meeting, May 30, 2024. Location: 207 Conference Room of Southern Taiwan Innovation & Research Park, MOEA (No. 31, Gongye 2nd Road, Annan District, Tainan City) Tainan City Taiwan Agenda: To consider 2023 Business Report; 2023 Audit Committee's Financial Statement Review Report; The Companys report on its issuance of secured corporate bond (green bond); and to discuss other matters.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.69 (down from NT$0.89 in 3Q 2022). Revenue: NT$5.95b (down 1.3% from 3Q 2022). Net income: NT$408.4m (down 23% from 3Q 2022). Profit margin: 6.9% (down from 8.7% in 3Q 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Oct 18Solar Applied Materials Technology Corp Announces Change in Representative of Institutional DirectorSolar Applied Materials Technology Corp. announced the resignation of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Chief Finance Officer of Xxentria Technology Materials Co. Ltd. Yu-Cheng Cheng is R&D Engineer of Xxentria Technology Materials Co. Ltd. The company announced the appointment of Yun-Fang Li and Yu-Cheng Cheng as representative of the institutional director, effective October 17, 2023. Yun-Fang Li is Vice President of Solar Applied materials technology corp. Yu-Cheng Cheng is Assistant Vice President of Solar Applied materials technology corp.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.77 (up from NT$0.62 in 2Q 2022). Revenue: NT$5.76b (down 17% from 2Q 2022). Net income: NT$455.2m (up 25% from 2Q 2022). Profit margin: 7.9% (up from 5.2% in 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 12Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 16 August 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.8%).
공시 • Jun 13Solar Applied Materials Technology Corporation Announces Remuneration Committee ChangesSolar Applied Materials Technology Corporation announced changes in the sixth remuneration committee. Name of the previous position holder: Feng-Chi Kao, Tse-Hsiang Ting, Chun-Hung Tung. Resume of the previous position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Tse-Hsiang Ting/Certified Public Accountant of Nan Tai Union & Co., Supervisor of Ya Horng Electronic Co. Ltd., Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd. Name of the new position holder: Feng-Chi Kao, Chun-Hung Tung, Chia-Hsin Chang, Pi-Chuan Sun. Resume of the new position holder: Feng-Chi Kao/Prosecutor at the Tainan District Prosecutors Office, Chief Prosecutor at Kaohsiung District Prosecutors Office, Chun-Hung Tung /Has Passed the Advanced Examination for Financial Officers by Examination Yuan, Manager of Chang Hwa Commercial Bank Ltd., Chia-Hsin Chang /Joint certified public accountant at KPMG. Pi-Chuan Sun /Dean of School of Business Administration of Tatung University. Effective date of the new member: June 8, 2023.
공시 • Jun 09Solar Applied Materials Technology Corporation Announces Cash Dividend, Payable on August 16, 2023Solar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share, total cash dividend of TWD 895,278,365. Ex-rights (Ex-dividend) date is July 19, 2023; Ex-rights (Ex-dividend) record date is July 25, 2023; Payment date of cash dividend distribution is August 16, 2023.
공시 • Jun 01Solar Applied Materials Technology Corporation Announces Audit Committee ChangesSolar Applied Materials Technology Corporation appointed Chia-Hsin Chang, Joint certified public accountant at KPMG and Pi-Chuan Sun, Dean of School of Business Administration of Tatung University as Members of the Audit Committee in place of Tse-Hsiang Ting. Effective date of the new member is May 30, 2023.
Reported Earnings • Mar 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$2.35 (up from NT$2.15 in FY 2021). Revenue: NT$25.8b (down 18% from FY 2021). Net income: NT$1.39b (up 11% from FY 2021). Profit margin: 5.4% (up from 4.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Price Target Changed • Nov 16Price target decreased to NT$43.50Down from NT$61.50, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$34.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$2.44 for next year compared to NT$2.15 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$0.89 (up from NT$0.61 in 3Q 2021). Revenue: NT$6.03b (down 27% from 3Q 2021). Net income: NT$527.3m (up 46% from 3Q 2021). Profit margin: 8.7% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 78%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$29.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Chemicals industry in Taiwan. Total returns to shareholders of 42% over the past three years.
공시 • Sep 28Solar Applied Materials Technology Corporation Announces the Resignation of Chien-Yung Ma as CTOSolar Applied Materials Technology Corporation announced the resignation of Chien-Yung Ma as CTO, effective September 27, 2022.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.62 (up from NT$0.53 in 2Q 2021). Revenue: NT$6.96b (down 9.1% from 2Q 2021). Net income: NT$365.4m (up 17% from 2Q 2021). Profit margin: 5.2% (up from 4.1% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Over the next year, revenue is forecast to decline by 8.9% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.
Major Estimate Revision • Aug 05Consensus revenue estimates fall by 14%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from NT$32.6b to NT$28.2b. EPS estimate fell from NT$2.85 to NT$2.44 per share. Net income forecast to grow 9.9% next year vs 13% decline forecast for Chemicals industry in Taiwan. Consensus price target down from NT$61.50 to NT$43.50. Share price fell 3.1% to NT$35.95 over the past week.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.49 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).
Price Target Changed • Jul 06Price target increased to NT$61.50Up from NT$49.00, the current price target is an average from 2 analysts. New target price is 63% above last closing price of NT$37.75. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$2.85 for next year compared to NT$2.15 last year.
Board Change • Jul 06Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Chang-Po Wu was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 17Solar Applied Materials Technology Corporation Announces Cash DividendSolar Applied Materials Technology Corporation announced cash dividend of TWD 1.5 per share.
공시 • Jun 01Solar Applied Materials Technology Corporation Announces Executive Changes, Effective May 31, 2022Solar Applied Materials Technology Corporation announced that Chii-Feng Huang President, Solar Applied Materials appointed in place of Chien-Yung Ma Chairman of Solar Applied Material Technology Corp. Effective May 31, 2022.
공시 • Apr 07Solar Applied Materials Technology Corporation's Subsidiary Solar Chemical (Kunshan) Suspends Operation to Cooperate with the Local Government's Epidemic Prevention PoliciesSolar Applied Materials Technology Corporation announced on behalf of important subsidiary Solar Chemical (KunShan) suspended operation to cooperate with the local government's epidemic prevention policies. The company cooperates with local government regulations to take contingency measures to ensure the safety and health of employees.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$2.15 (up from NT$1.69 in FY 2020). Revenue: NT$31.4b (up 18% from FY 2020). Net income: NT$1.26b (up 49% from FY 2020). Profit margin: 4.0% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 2.9% compared to a 2.1% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 10Solar Applied Materials Technology Corporation Announces Resignation of Members of Remuneration Committee and Audit CommitteeSolar Applied Materials Technology Corporation announced the Name of the previous position holder: Mr. Chen-Ming Fang, Ms. Mei-Hui Wu, Independent director of Solar. The company received the letters of resignation on March 8,2022, and the resignations take effect on March 8, 2022. Resume of the new position holder: Member of Remuneration Committee shall be announced after appointment, and member of Audit Committee shall be announced after re-election.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$8.26b (up 10.0% from 3Q 2020). Net income: NT$361.6m (up 37% from 3Q 2020). Profit margin: 4.4% (up from 3.5% 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 24% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.53 (vs NT$0.37 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$7.66b (up 19% from 2Q 2020). Net income: NT$311.9m (up 70% from 2Q 2020). Profit margin: 4.1% (up from 2.9% 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 26% per year whereas the company’s share price has increased by 31% per year.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Price Target Changed • May 14Price target increased to NT$53.50Up from NT$49.00, the current price target is provided by 1 analyst. New target price is 23% above last closing price of NT$43.40. Stock is up 121% over the past year.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.27 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.37b (up 36% from 1Q 2020). Net income: NT$262.2m (up 96% from 1Q 2020). Profit margin: 3.6% (up from 2.5% 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 32% per year whereas the company’s share price has increased by 31% per year.
분석 기사 • Apr 30Here's Why Solar Applied Materials Technology (GTSM:1785) Has A Meaningful Debt BurdenLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$55.70, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 145% over the past three years.
분석 기사 • Mar 26Is Solar Applied Materials Technology Corporation (GTSM:1785) An Attractive Dividend Stock?Is Solar Applied Materials Technology Corporation ( GTSM:1785 ) a good dividend stock? How can we tell? Dividend paying...
Major Estimate Revision • Mar 16Analysts update estimatesThe 2021 consensus revenue estimate increased from NT$27.6b to NT$30.3b. Earnings per share (EPS) estimate was lowered from NT$2.48 to NT$2.20 for the same period. Net income is expected to grow by 54% next year compared to 63% growth forecast for the Chemicals industry in Taiwan. The consensus price target increased from NT$49.00 to NT$51.00. Share price stayed mostly flat at NT$46.05 over the past week.
분석 기사 • Mar 11Earnings Beat: Solar Applied Materials Technology Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAs you might know, Solar Applied Materials Technology Corporation ( GTSM:1785 ) recently reported its annual numbers...
분석 기사 • Mar 09Can Solar Applied Materials Technology (GTSM:1785) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Mar 09Full year 2020 earnings released: EPS NT$1.69 (vs NT$2.35 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$26.7b (up 21% from FY 2019). Net income: NT$843.4m (down 19% from FY 2019). Profit margin: 3.2% (down from 4.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Mar 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 3.6%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.
분석 기사 • Feb 24Why Solar Applied Materials Technology Corporation (GTSM:1785) Looks Like A Quality CompanyOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
분석 기사 • Feb 11Is Now An Opportune Moment To Examine Solar Applied Materials Technology Corporation (GTSM:1785)?Solar Applied Materials Technology Corporation ( GTSM:1785 ), is not the largest company out there, but it saw...
Is New 90 Day High Low • Feb 02New 90-day low: NT$43.20The company is down 1.0% from its price of NT$43.60 on 05 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.18 per share.
분석 기사 • Jan 30Solar Applied Materials Technology (GTSM:1785) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Jan 18Solar Applied Materials Technology Corporation's (GTSM:1785) Intrinsic Value Is Potentially 34% Above Its Share PriceIn this article we are going to estimate the intrinsic value of Solar Applied Materials Technology Corporation...
Is New 90 Day High Low • Jan 07New 90-day high: NT$48.75The company is up 10.0% from its price of NT$44.40 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$65.95 per share.
분석 기사 • Jan 06Did You Miss Solar Applied Materials Technology's (GTSM:1785) Impressive 116% Share Price Gain?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
분석 기사 • Dec 25Here's Why We Don't Think Solar Applied Materials Technology's (GTSM:1785) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
분석 기사 • Dec 13What Makes Solar Applied Materials Technology Corporation (GTSM:1785) A Great Dividend Stock?Today we'll take a closer look at Solar Applied Materials Technology Corporation ( GTSM:1785 ) from a dividend...
분석 기사 • Dec 01Will Solar Applied Materials Technology's (GTSM:1785) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Nov 19Can Solar Applied Materials Technology Corporation (GTSM:1785) Maintain Its Strong Returns?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Nov 12New 90-day high: NT$45.65The company is up 14% from its price of NT$40.00 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals 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$58.58 per share.
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$0.53The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$7.51b (up 14% from 3Q 2019). Net income: NT$263.3m (up 33% from 3Q 2019). Profit margin: 3.5% (up from 3.0% 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 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.