Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$48.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Chemicals industry in Taiwan. Total loss to shareholders of 45% over the past year. Reported Earnings • Mar 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: NT$4.58 (down from NT$7.51 in FY 2024). Revenue: NT$4.79b (down 12% from FY 2024). Net income: NT$332.5m (down 32% from FY 2024). Profit margin: 6.9% (down from 9.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 39%. New Risk • Mar 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Dividend is not well covered by cash flows (162% cash payout ratio). Market cap is less than US$100m (NT$3.19b market cap, or US$99.8m). 공지 • Mar 09
BORETECH Resource Recovery Engineering CO., LTD., Annual General Meeting, Jun 23, 2026 BORETECH Resource Recovery Engineering CO., LTD., Annual General Meeting, Jun 23, 2026. Location: no,3, kui jen rd., gueiren district, tainan city Taiwan Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$47.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.49 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.28 (down from NT$0.49 in 3Q 2024). Revenue: NT$897.2m (down 22% from 3Q 2024). Net income: NT$20.7m (down 35% from 3Q 2024). Profit margin: 2.3% (down from 2.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Chemicals industry in Taiwan. Reported Earnings • Aug 29
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: NT$0.69 (up from NT$0.42 in 2Q 2024). Revenue: NT$1.02b (down 20% from 2Q 2024). Net income: NT$51.5m (up 90% from 2Q 2024). Profit margin: 5.0% (up from 2.1% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Taiwan. 공지 • Aug 19
BORETECH Resource Recovery Engineering CO., LTD. to Report First Half, 2025 Results on Aug 29, 2025 BORETECH Resource Recovery Engineering CO., LTD. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • May 16
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: EPS: NT$1.63 (up from NT$1.55 in 1Q 2024). Revenue: NT$1.42b (up 40% from 1Q 2024). Net income: NT$110.4m (up 9.2% from 1Q 2024). Profit margin: 7.8% (down from 9.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) exceeded analyst estimates by 33%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in Taiwan. 공지 • May 15
Boretech Resource Recovery Engineering Co., Ltd Approves the Appointment of Johnny Chen as New Chief Internal Auditor Effective May 12, 2025 Boretech Resource Recovery Engineering Co., Ltd. announced the appointment of Johnny Chen as the new Chief Internal Auditor. The change is classified as a new replacement and was approved by the Board of Directors and the Audit Committee on May 12, 2025, with immediate effect. 공지 • May 03
BORETECH Resource Recovery Engineering CO., LTD. to Report Q1, 2025 Results on May 12, 2025 BORETECH Resource Recovery Engineering CO., LTD. announced that they will report Q1, 2025 results on May 12, 2025 Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$95.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Chemicals industry in Taiwan. 공지 • Mar 14
BORETECH Resource Recovery Engineering CO., LTD., Annual General Meeting, Jun 23, 2025 BORETECH Resource Recovery Engineering CO., LTD., Annual General Meeting, Jun 23, 2025. Location: no,99, sec.2 liu ying rd., liouying district, tainan city Taiwan Board Change • Mar 11
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Representative Director Hsio-Hua Diao is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.