Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$15.75, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 19x in the Entertainment industry in Taiwan. Total returns to shareholders of 41% over the past three years. 공시 • Mar 20
Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 25, 2026 Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 6-1 floor no,237, sung chiang rd., jhongshan district, taipei city Taiwan New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (NT$208.7m market cap, or US$6.65m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$62m revenue, or US$2.0m). Board Change • Feb 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Fu-Kuei Huang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Mar 28
Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 26, 2025 Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: 6-1 floor no,237, sung chiang rd., jhongshan district, taipei city Taiwan New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (NT$187.4m market cap, or US$5.69m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (NT$62m revenue, or US$1.9m). Board Change • Feb 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buy Or Sell Opportunity • Aug 05
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to NT$9.25. The fair value is estimated to be NT$13.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to NT$14.20. The fair value is estimated to be NT$11.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$12.00, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 27x in the Entertainment industry in Taiwan. Total returns to shareholders of 6.7% over the past three years. Reported Earnings • May 04
Full year 2023 earnings released: EPS: NT$0.32 (vs NT$0.36 in FY 2022) Full year 2023 results: EPS: NT$0.32 (down from NT$0.36 in FY 2022). Revenue: NT$58.7m (up 4.9% from FY 2022). Net income: NT$5.61m (down 12% from FY 2022). Profit margin: 9.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. 공시 • Apr 05
Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 20, 2024 Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 20, 2024. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$12.25, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 22x in the Entertainment industry in Taiwan. Total returns to shareholders of 5.6% over the past three years. New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (NT$175.1m market cap, or US$5.54m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Revenue is less than US$5m (NT$60m revenue, or US$1.9m). New Risk • Nov 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$10m (NT$178.6m market cap, or US$5.52m). Minor Risk Revenue is less than US$5m (NT$60m revenue, or US$1.9m). Board Change • Feb 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Jul 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 5.7%. The fair value is estimated to be NT$13.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 48%. Reported Earnings • May 03
Full year 2021 earnings released: NT$0.32 loss per share (vs NT$0.36 loss in FY 2020) Full year 2021 results: NT$0.32 loss per share (up from NT$0.36 loss in FY 2020). Revenue: NT$54.0m (down 8.1% from FY 2020). Net loss: NT$5.71m (loss narrowed 10% from FY 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 10 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Mar 23
Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 22, 2022 Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 22, 2022. Board Change • Oct 26
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Qi Rui Lian was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 18
First half 2021 earnings released: NT$0.06 loss per share (vs NT$0.23 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: NT$30.4m (up 34% from 1H 2020). Net loss: NT$1.10m (loss narrowed 73% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
Full year 2020 earnings released: NT$0.36 loss per share (vs NT$1.44 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$58.7m (down 23% from FY 2019). Net loss: NT$6.36m (loss narrowed 75% from FY 2019). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 공시 • Mar 20
Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 21, 2021 Taiwan Taomee Co., Ltd., Annual General Meeting, Jun 21, 2021. Is New 90 Day High Low • Feb 24
New 90-day high: NT$11.80 The company is up 19% from its price of NT$9.92 on 26 November 2020. The Taiwanese market is also up 19% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Entertainment industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 30
New 90-day low: NT$8.88 The company is down 11% from its price of NT$9.95 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 12
New 90-day low: NT$8.93 The company is down 15% from its price of NT$10.55 on 12 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: NT$10.85 The company is up 5.0% from its price of NT$10.30 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 6.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: NT$9.68 The company is down 17% from its price of NT$11.70 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 12% over the same period.