Formosa Optical TechnologyLtd (5312) 주식 개요는 대만에서 아이케어 제품을 공급하는 포모사 광학 기술 유한회사입니다. 자세히 보기5312 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장0/6과거 실적2/6재무 건전성5/6배당5/6강점공정 가치 추정치보다 낮은 28.6% 에서 거래위험 분석6.88% 의 배당금은 수익으로 잘 충당되지 않습니다.이익 마진 (8.3%)이 지난해 (12%)보다 낮습니다.모든 위험 점검 보기5312 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$94.50270.9% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture06b2016201920222025202620282031Revenue NT$6.2bEarnings NT$519.6mAdvancedSet Fair ValueView all narrativesFormosa Optical Technology Co.,Ltd. 경쟁사Wonder Pets EnterprisesSymbol: TPEX:6968Market cap: NT$2.2bTest Rite RetailSymbol: TPEX:7867Market cap: NT$5.5bE-LifeSymbol: TWSE:6281Market cap: NT$5.0bSenao InternationalLtdSymbol: TWSE:2450Market cap: NT$7.5b가격 이력 및 성과Formosa Optical TechnologyLtd 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$94.5052주 최고가NT$171.0052주 최저가NT$93.80베타0.0171개월 변동-5.12%3개월 변동-4.45%1년 변동-40.94%3년 변동20.38%5년 변동54.16%IPO 이후 변동75.15%최근 뉴스 및 업데이트Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$2.00 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$2.00 in 1Q 2025). Revenue: NT$1.12b (up 12% from 1Q 2025). Net income: NT$89.1m (down 26% from 1Q 2025). Profit margin: 7.9% (down from 12% in 1Q 2025). 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 8% per year.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.41 (vs NT$8.24 in FY 2024)Full year 2025 results: EPS: NT$6.41 (down from NT$8.24 in FY 2024). Revenue: NT$4.13b (up 3.9% from FY 2024). Net income: NT$385.3m (down 22% from FY 2024). Profit margin: 9.3% (down from 13% 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 18% per year whereas the company’s share price has increased by 15% per year.공시 • Mar 06Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanBoard Change • Mar 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Ming-Hsuan Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Feb 26Formosa Optical Technology Co.,Ltd. to Report Q4, 2025 Results on Mar 05, 2026Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2025 results on Mar 05, 2026Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.60 (vs NT$2.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.60 (up from NT$2.49 in 3Q 2024). Revenue: NT$1.04b (up 2.7% from 3Q 2024). Net income: NT$155.9m (up 4.2% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.더 많은 업데이트 보기Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$2.00 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$2.00 in 1Q 2025). Revenue: NT$1.12b (up 12% from 1Q 2025). Net income: NT$89.1m (down 26% from 1Q 2025). Profit margin: 7.9% (down from 12% in 1Q 2025). 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 8% per year.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.41 (vs NT$8.24 in FY 2024)Full year 2025 results: EPS: NT$6.41 (down from NT$8.24 in FY 2024). Revenue: NT$4.13b (up 3.9% from FY 2024). Net income: NT$385.3m (down 22% from FY 2024). Profit margin: 9.3% (down from 13% 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 18% per year whereas the company’s share price has increased by 15% per year.공시 • Mar 06Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanBoard Change • Mar 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Ming-Hsuan Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Feb 26Formosa Optical Technology Co.,Ltd. to Report Q4, 2025 Results on Mar 05, 2026Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2025 results on Mar 05, 2026Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.60 (vs NT$2.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.60 (up from NT$2.49 in 3Q 2024). Revenue: NT$1.04b (up 2.7% from 3Q 2024). Net income: NT$155.9m (up 4.2% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.Buy Or Sell Opportunity • Sep 04Now 20% overvaluedOver the last 90 days, the stock has fallen 30% to NT$112. The fair value is estimated to be NT$93.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 28%.New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 91% Dividend yield: 6.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jul 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.8% to NT$141. The fair value is estimated to be NT$116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 30%.Upcoming Dividend • Jun 19Upcoming dividend of NT$7.50 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 22 July 2025. Payout ratio and cash payout ratio are on the higher end at 95% and 86% respectively. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.6%).Declared Dividend • May 29Dividend increased to NT$7.50Dividend of NT$7.50 is 25% higher than last year. Ex-date: 26th June 2025 Payment date: 22nd July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control, which is less than the 5.6% EPS growth achieved over the last 5 years.Buy Or Sell Opportunity • May 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to NT$159. The fair value is estimated to be NT$132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 30%.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$2.00 (vs NT$2.37 in 1Q 2024)First quarter 2025 results: EPS: NT$2.00 (down from NT$2.37 in 1Q 2024). Revenue: NT$1.00b (down 2.2% from 1Q 2024). Net income: NT$120.3m (down 16% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year.공시 • May 01Formosa Optical Technology Co.,Ltd. to Report Q1, 2025 Results on May 13, 2025Formosa Optical Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 13, 2025Buy Or Sell Opportunity • Apr 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 28%.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$114, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 19x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 115% over the past three years.New Risk • Mar 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 91% Dividend yield: 5.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$8.24 (vs NT$6.96 in FY 2023)Full year 2024 results: EPS: NT$8.24 (up from NT$6.96 in FY 2023). Revenue: NT$3.97b (up 2.8% from FY 2023). Net income: NT$494.8m (up 18% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year.공시 • Mar 07Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 27, 2025Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 27, 2025. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan공시 • Feb 27Formosa Optical Technology Co.,Ltd. to Report Q4, 2024 Results on Mar 06, 2025Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2024 results on Mar 06, 2025Buy Or Sell Opportunity • Jan 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to NT$108. The fair value is estimated to be NT$89.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$2.49 (vs NT$1.97 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.49 (up from NT$1.97 in 3Q 2023). Revenue: NT$1.01b (up 2.6% from 3Q 2023). Net income: NT$149.6m (up 26% from 3Q 2023). Profit margin: 15% (up from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.공시 • Oct 29Formosa Optical Technology Co.,Ltd. to Report Q3, 2024 Results on Nov 05, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.79 (vs NT$1.37 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.79 (up from NT$1.37 in 2Q 2023). Revenue: NT$955.0m (up 3.2% from 2Q 2023). Net income: NT$107.5m (up 30% from 2Q 2023). Profit margin: 11% (up from 8.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.공시 • Jul 31Formosa Optical Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 07, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024Upcoming Dividend • Jun 19Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 22 July 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.3%).Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.37 (vs NT$1.96 in 1Q 2023)First quarter 2024 results: EPS: NT$2.37 (up from NT$1.96 in 1Q 2023). Revenue: NT$1.02b (up 5.3% from 1Q 2023). Net income: NT$142.3m (up 21% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 03Formosa Optical Technology Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024Reported Earnings • Mar 15Full year 2023 earnings released: EPS: NT$6.96 (vs NT$2.83 in FY 2022)Full year 2023 results: EPS: NT$6.96 (up from NT$2.83 in FY 2022). Revenue: NT$3.86b (up 17% from FY 2022). Net income: NT$417.9m (up 146% from FY 2022). Profit margin: 11% (up from 5.2% in FY 2022). 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 but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 07Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 30, 2024Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 30, 2024. Location: 17 F, No.97, Sec.1, Xintai 5th Rd., Xizhi Dist., New Taipei City Taiwan Agenda: To consider 2023 Annual Business Report; 2023 Audit Report by the Audit Committee; Report on 2023 employees' and directors' remuneration; Other Matters to be reported.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$1.97 (vs NT$1.56 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.97 (up from NT$1.56 in 3Q 2022). Revenue: NT$987.5m (up 10% from 3Q 2022). Net income: NT$118.6m (up 27% from 3Q 2022). Profit margin: 12% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: NT$1.37 (vs NT$0.31 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.37 (up from NT$0.31 loss in 2Q 2022). Revenue: NT$925.0m (up 29% from 2Q 2022). Net income: NT$82.5m (up NT$101.3m from 2Q 2022). Profit margin: 8.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 25Upcoming dividend of NT$4.30 per share at 4.7% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (1.1%).Buying Opportunity • May 26Now 22% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$101, 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. Earnings per share has declined by 17%.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$2.83 (vs NT$4.83 in FY 2021)Full year 2022 results: EPS: NT$2.83 (down from NT$4.83 in FY 2021). Revenue: NT$3.30b (up 13% from FY 2021). Net income: NT$170.2m (down 41% from FY 2021). Profit margin: 5.2% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.23 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.56 (up from NT$1.23 in 3Q 2021). Revenue: NT$895.6m (up 36% from 3Q 2021). Net income: NT$93.7m (up 27% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.23 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.56 (up from NT$1.23 in 3Q 2021). Revenue: NT$895.6m (up 36% from 3Q 2021). Net income: NT$93.7m (up 27% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 14Second quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.33 profit in 2Q 2021)Second quarter 2022 results: NT$0.11 loss per share (down from NT$0.33 profit in 2Q 2021). Revenue: NT$715.4m (up 21% from 2Q 2021). Net loss: NT$6.79m (down 134% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 26Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 26 August 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (3.8%).Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$1.06 (down from NT$1.28 in 1Q 2021). Revenue: NT$820.1m (up 4.5% from 1Q 2021). Net income: NT$63.6m (down 17% from 1Q 2021). Profit margin: 7.8% (down from 9.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Xi Ming Xiao was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 13Formosa Optical Technology Co.,Ltd., Annual General Meeting, Jun 27, 2022Formosa Optical Technology Co.,Ltd., Annual General Meeting, Jun 27, 2022.Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$4.83 (down from NT$5.13 in FY 2020). Revenue: NT$2.91b (down 4.9% from FY 2020). Net income: NT$289.9m (down 6.0% from FY 2020). Profit margin: 10.0% (in line with FY 2020). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$1.23 (vs NT$1.76 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$659.6m (down 21% from 3Q 2020). Net income: NT$73.8m (down 30% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.Upcoming Dividend • Aug 25Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 28 September 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.5%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.63 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$593.3m (down 11% from 2Q 2020). Net income: NT$19.9m (down 47% from 2Q 2020). Profit margin: 3.4% (down from 5.7% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.28 (vs NT$0.93 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$785.1m (flat on 1Q 2020). Net income: NT$76.7m (up 38% from 1Q 2020). Profit margin: 9.8% (up from 7.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Apr 09Should You Buy Formosa Optical Technology Co.,Ltd. (GTSM:5312) For Its Dividend?Could Formosa Optical Technology Co.,Ltd. ( GTSM:5312 ) be an attractive dividend share to own for the long haul...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$5.13 (vs NT$6.31 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.06b (down 4.8% from FY 2019). Net income: NT$308.3m (down 19% from FY 2019). Profit margin: 10% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Mar 22Returns On Capital Signal Tricky Times Ahead For Formosa Optical TechnologyLtd (GTSM:5312)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...분석 기사 • Mar 01Formosa Optical Technology Co.,Ltd.'s (GTSM:5312) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?With its stock down 1.7% over the past three months, it is easy to disregard Formosa Optical TechnologyLtd (GTSM:5312...분석 기사 • Feb 08Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Jan 22Formosa Optical TechnologyLtd (GTSM:5312) Has Returned Negative 4.0% To Its Shareholders In The Past Five YearsIdeally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...Is New 90 Day High Low • Jan 20New 90-day low: NT$58.70The company is down 2.0% from its price of NT$60.00 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 1.0% over the same period.분석 기사 • Jan 07Would Formosa Optical Technology Co.,Ltd. (GTSM:5312) Be Valuable To Income Investors?Is Formosa Optical Technology Co.,Ltd. ( GTSM:5312 ) a good dividend stock? How can we tell? Dividend paying companies...분석 기사 • Dec 22What Do The Returns On Capital At Formosa Optical TechnologyLtd (GTSM:5312) Tell Us?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...분석 기사 • Dec 07Are Formosa Optical TechnologyLtd's (GTSM:5312) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...분석 기사 • Nov 23A Look At The Intrinsic Value Of Formosa Optical Technology Co.,Ltd. (GTSM:5312)How far off is Formosa Optical Technology Co.,Ltd. (GTSM:5312) from its intrinsic value? Using the most recent...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.76The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$839.6m (flat on 3Q 2019). Net income: NT$105.4m (up 10% from 3Q 2019). Profit margin: 13% (up from 12% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 24New 90-day low: NT$59.10The company is down 9.0% from its price of NT$65.00 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is down 7.0% over the same period.주주 수익률5312TW Specialty RetailTW 시장7D-2.0%-0.3%-4.3%1Y-40.9%-24.2%86.1%전체 주주 수익률 보기수익률 대 산업: 5312은 지난 1년 동안 -24.2%의 수익을 기록한 TW Specialty Retail 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 5312은 지난 1년 동안 86.1%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5312's price volatile compared to industry and market?5312 volatility5312 Average Weekly Movement1.8%Specialty Retail Industry Average Movement3.5%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%안정적인 주가: 5312는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5312의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1976n/aYi-Shan Caiwww.formosa-optical.com.tw포모사 광학 기술 유한회사는 대만에서 아이케어 제품을 제공합니다. 이 회사는 안경, 선글라스, 콘택트 투명 렌즈 및 컬러 콘택트 렌즈를 제공합니다. 검안 장비도 제공합니다.더 보기Formosa Optical Technology Co.,Ltd. 기초 지표 요약Formosa Optical TechnologyLtd의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5312 기초 통계시가총액NT$5.68b순이익 (TTM)NT$354.09m매출 (TTM)NT$4.25b16.0x주가수익비율(P/E)1.3x주가매출비율(P/S)5312는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5312 손익계산서 (TTM)매출NT$4.25b매출원가NT$1.54b총이익NT$2.71b기타 비용NT$2.35b순이익NT$354.09m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)5.90총이익률63.70%순이익률8.33%부채/자본 비율51.0%5312의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당6.9%현재 배당 수익률124%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 02:14종가2026/05/20 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 소스Formosa Optical Technology Co.,Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chih-Hung ChangJ.P. MorganXinkai YuMasterlink Securities Investment AdvisoryYijun ChenSinoPac Securities Investment Service
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$2.00 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$2.00 in 1Q 2025). Revenue: NT$1.12b (up 12% from 1Q 2025). Net income: NT$89.1m (down 26% from 1Q 2025). Profit margin: 7.9% (down from 12% in 1Q 2025). 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 8% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.41 (vs NT$8.24 in FY 2024)Full year 2025 results: EPS: NT$6.41 (down from NT$8.24 in FY 2024). Revenue: NT$4.13b (up 3.9% from FY 2024). Net income: NT$385.3m (down 22% from FY 2024). Profit margin: 9.3% (down from 13% 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 18% per year whereas the company’s share price has increased by 15% per year.
공시 • Mar 06Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Board Change • Mar 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Ming-Hsuan Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Feb 26Formosa Optical Technology Co.,Ltd. to Report Q4, 2025 Results on Mar 05, 2026Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2025 results on Mar 05, 2026
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.60 (vs NT$2.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.60 (up from NT$2.49 in 3Q 2024). Revenue: NT$1.04b (up 2.7% from 3Q 2024). Net income: NT$155.9m (up 4.2% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$2.00 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$2.00 in 1Q 2025). Revenue: NT$1.12b (up 12% from 1Q 2025). Net income: NT$89.1m (down 26% from 1Q 2025). Profit margin: 7.9% (down from 12% in 1Q 2025). 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 8% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$6.41 (vs NT$8.24 in FY 2024)Full year 2025 results: EPS: NT$6.41 (down from NT$8.24 in FY 2024). Revenue: NT$4.13b (up 3.9% from FY 2024). Net income: NT$385.3m (down 22% from FY 2024). Profit margin: 9.3% (down from 13% 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 18% per year whereas the company’s share price has increased by 15% per year.
공시 • Mar 06Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Board Change • Mar 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Ming-Hsuan Chiang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Feb 26Formosa Optical Technology Co.,Ltd. to Report Q4, 2025 Results on Mar 05, 2026Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2025 results on Mar 05, 2026
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.60 (vs NT$2.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.60 (up from NT$2.49 in 3Q 2024). Revenue: NT$1.04b (up 2.7% from 3Q 2024). Net income: NT$155.9m (up 4.2% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year.
Buy Or Sell Opportunity • Sep 04Now 20% overvaluedOver the last 90 days, the stock has fallen 30% to NT$112. The fair value is estimated to be NT$93.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 28%.
New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 91% Dividend yield: 6.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jul 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.8% to NT$141. The fair value is estimated to be NT$116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 30%.
Upcoming Dividend • Jun 19Upcoming dividend of NT$7.50 per shareEligible shareholders must have bought the stock before 26 June 2025. Payment date: 22 July 2025. Payout ratio and cash payout ratio are on the higher end at 95% and 86% respectively. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.6%).
Declared Dividend • May 29Dividend increased to NT$7.50Dividend of NT$7.50 is 25% higher than last year. Ex-date: 26th June 2025 Payment date: 22nd July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio). However, it is covered by cash flows (86% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control, which is less than the 5.6% EPS growth achieved over the last 5 years.
Buy Or Sell Opportunity • May 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to NT$159. The fair value is estimated to be NT$132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 30%.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$2.00 (vs NT$2.37 in 1Q 2024)First quarter 2025 results: EPS: NT$2.00 (down from NT$2.37 in 1Q 2024). Revenue: NT$1.00b (down 2.2% from 1Q 2024). Net income: NT$120.3m (down 16% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year.
공시 • May 01Formosa Optical Technology Co.,Ltd. to Report Q1, 2025 Results on May 13, 2025Formosa Optical Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Buy Or Sell Opportunity • Apr 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to NT$137. The fair value is estimated to be NT$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 28%.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$114, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 19x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 115% over the past three years.
New Risk • Mar 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 91% Dividend yield: 5.3% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$8.24 (vs NT$6.96 in FY 2023)Full year 2024 results: EPS: NT$8.24 (up from NT$6.96 in FY 2023). Revenue: NT$3.97b (up 2.8% from FY 2023). Net income: NT$494.8m (up 18% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year.
공시 • Mar 07Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 27, 2025Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 27, 2025. Location: 17 floor no,97, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
공시 • Feb 27Formosa Optical Technology Co.,Ltd. to Report Q4, 2024 Results on Mar 06, 2025Formosa Optical Technology Co.,Ltd. announced that they will report Q4, 2024 results on Mar 06, 2025
Buy Or Sell Opportunity • Jan 14Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to NT$108. The fair value is estimated to be NT$89.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$2.49 (vs NT$1.97 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.49 (up from NT$1.97 in 3Q 2023). Revenue: NT$1.01b (up 2.6% from 3Q 2023). Net income: NT$149.6m (up 26% from 3Q 2023). Profit margin: 15% (up from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year.
공시 • Oct 29Formosa Optical Technology Co.,Ltd. to Report Q3, 2024 Results on Nov 05, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$1.79 (vs NT$1.37 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.79 (up from NT$1.37 in 2Q 2023). Revenue: NT$955.0m (up 3.2% from 2Q 2023). Net income: NT$107.5m (up 30% from 2Q 2023). Profit margin: 11% (up from 8.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year.
공시 • Jul 31Formosa Optical Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 07, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
Upcoming Dividend • Jun 19Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 22 July 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.3%).
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.37 (vs NT$1.96 in 1Q 2023)First quarter 2024 results: EPS: NT$2.37 (up from NT$1.96 in 1Q 2023). Revenue: NT$1.02b (up 5.3% from 1Q 2023). Net income: NT$142.3m (up 21% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 03Formosa Optical Technology Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024Formosa Optical Technology Co.,Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: NT$6.96 (vs NT$2.83 in FY 2022)Full year 2023 results: EPS: NT$6.96 (up from NT$2.83 in FY 2022). Revenue: NT$3.86b (up 17% from FY 2022). Net income: NT$417.9m (up 146% from FY 2022). Profit margin: 11% (up from 5.2% in FY 2022). 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 but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 07Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 30, 2024Formosa Optical Technology Co.,Ltd., Annual General Meeting, May 30, 2024. Location: 17 F, No.97, Sec.1, Xintai 5th Rd., Xizhi Dist., New Taipei City Taiwan Agenda: To consider 2023 Annual Business Report; 2023 Audit Report by the Audit Committee; Report on 2023 employees' and directors' remuneration; Other Matters to be reported.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$1.97 (vs NT$1.56 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.97 (up from NT$1.56 in 3Q 2022). Revenue: NT$987.5m (up 10% from 3Q 2022). Net income: NT$118.6m (up 27% from 3Q 2022). Profit margin: 12% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: NT$1.37 (vs NT$0.31 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.37 (up from NT$0.31 loss in 2Q 2022). Revenue: NT$925.0m (up 29% from 2Q 2022). Net income: NT$82.5m (up NT$101.3m from 2Q 2022). Profit margin: 8.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 25Upcoming dividend of NT$4.30 per share at 4.7% yieldEligible shareholders must have bought the stock before 01 August 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (1.1%).
Buying Opportunity • May 26Now 22% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be NT$101, 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. Earnings per share has declined by 17%.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$2.83 (vs NT$4.83 in FY 2021)Full year 2022 results: EPS: NT$2.83 (down from NT$4.83 in FY 2021). Revenue: NT$3.30b (up 13% from FY 2021). Net income: NT$170.2m (down 41% from FY 2021). Profit margin: 5.2% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.23 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.56 (up from NT$1.23 in 3Q 2021). Revenue: NT$895.6m (up 36% from 3Q 2021). Net income: NT$93.7m (up 27% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.23 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.56 (up from NT$1.23 in 3Q 2021). Revenue: NT$895.6m (up 36% from 3Q 2021). Net income: NT$93.7m (up 27% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 14Second quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.33 profit in 2Q 2021)Second quarter 2022 results: NT$0.11 loss per share (down from NT$0.33 profit in 2Q 2021). Revenue: NT$715.4m (up 21% from 2Q 2021). Net loss: NT$6.79m (down 134% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 26Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 26 August 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (3.8%).
Reported Earnings • May 18First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$1.06 (down from NT$1.28 in 1Q 2021). Revenue: NT$820.1m (up 4.5% from 1Q 2021). Net income: NT$63.6m (down 17% from 1Q 2021). Profit margin: 7.8% (down from 9.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Xi Ming Xiao was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 13Formosa Optical Technology Co.,Ltd., Annual General Meeting, Jun 27, 2022Formosa Optical Technology Co.,Ltd., Annual General Meeting, Jun 27, 2022.
Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$4.83 (down from NT$5.13 in FY 2020). Revenue: NT$2.91b (down 4.9% from FY 2020). Net income: NT$289.9m (down 6.0% from FY 2020). Profit margin: 10.0% (in line with FY 2020). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$1.23 (vs NT$1.76 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$659.6m (down 21% from 3Q 2020). Net income: NT$73.8m (down 30% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat.
Upcoming Dividend • Aug 25Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 28 September 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.5%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.63 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$593.3m (down 11% from 2Q 2020). Net income: NT$19.9m (down 47% from 2Q 2020). Profit margin: 3.4% (down from 5.7% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.28 (vs NT$0.93 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$785.1m (flat on 1Q 2020). Net income: NT$76.7m (up 38% from 1Q 2020). Profit margin: 9.8% (up from 7.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Apr 09Should You Buy Formosa Optical Technology Co.,Ltd. (GTSM:5312) For Its Dividend?Could Formosa Optical Technology Co.,Ltd. ( GTSM:5312 ) be an attractive dividend share to own for the long haul...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$5.13 (vs NT$6.31 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.06b (down 4.8% from FY 2019). Net income: NT$308.3m (down 19% from FY 2019). Profit margin: 10% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 22Returns On Capital Signal Tricky Times Ahead For Formosa Optical TechnologyLtd (GTSM:5312)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
분석 기사 • Mar 01Formosa Optical Technology Co.,Ltd.'s (GTSM:5312) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?With its stock down 1.7% over the past three months, it is easy to disregard Formosa Optical TechnologyLtd (GTSM:5312...
분석 기사 • Feb 08Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Jan 22Formosa Optical TechnologyLtd (GTSM:5312) Has Returned Negative 4.0% To Its Shareholders In The Past Five YearsIdeally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
Is New 90 Day High Low • Jan 20New 90-day low: NT$58.70The company is down 2.0% from its price of NT$60.00 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 1.0% over the same period.
분석 기사 • Jan 07Would Formosa Optical Technology Co.,Ltd. (GTSM:5312) Be Valuable To Income Investors?Is Formosa Optical Technology Co.,Ltd. ( GTSM:5312 ) a good dividend stock? How can we tell? Dividend paying companies...
분석 기사 • Dec 22What Do The Returns On Capital At Formosa Optical TechnologyLtd (GTSM:5312) Tell Us?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 • Dec 07Are Formosa Optical TechnologyLtd's (GTSM:5312) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
분석 기사 • Nov 23A Look At The Intrinsic Value Of Formosa Optical Technology Co.,Ltd. (GTSM:5312)How far off is Formosa Optical Technology Co.,Ltd. (GTSM:5312) from its intrinsic value? Using the most recent...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.76The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$839.6m (flat on 3Q 2019). Net income: NT$105.4m (up 10% from 3Q 2019). Profit margin: 13% (up from 12% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 24New 90-day low: NT$59.10The company is down 9.0% from its price of NT$65.00 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is down 7.0% over the same period.
