View Financial HealthHigher Way Electronic 배당 및 자사주 매입배당 기준 점검 0/6Higher Way Electronic 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 17Upcoming dividend of NT$0.70 per share at 3.1% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 18 August 2023. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).Upcoming Dividend • Aug 12Inaugural dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 14 September 2021. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 2.1%.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$21.20. The fair value is estimated to be NT$16.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 14First quarter 2026 earnings released: NT$0.09 loss per share (vs NT$0.064 loss in 1Q 2025)First quarter 2026 results: NT$0.09 loss per share (further deteriorated from NT$0.064 loss in 1Q 2025). Revenue: NT$214.2m (up 13% from 1Q 2025). Net loss: NT$3.12m (loss widened 41% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.33 loss per share (vs NT$0.26 profit in FY 2024)Full year 2025 results: NT$1.33 loss per share (down from NT$0.26 profit in FY 2024). Revenue: NT$922.2m (down 5.2% from FY 2024). Net loss: NT$46.3m (down NT$55.2m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.공시 • Mar 11Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 24, 2026Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,60, t`ieh pao st., hsi tun district, taichung city TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.03 loss per share (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: NT$0.03 loss per share (improved from NT$0.37 loss in 3Q 2024). Revenue: NT$235.9m (down 12% from 3Q 2024). Net loss: NT$906.0k (loss narrowed 93% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.30 loss per share (vs NT$0.19 profit in 2Q 2024)Second quarter 2025 results: NT$1.30 loss per share (down from NT$0.19 profit in 2Q 2024). Revenue: NT$291.0m (up 1.9% from 2Q 2024). Net loss: NT$45.2m (down NT$51.9m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.34 profit in 1Q 2024)First quarter 2025 results: NT$0.06 loss per share (down from NT$0.34 profit in 1Q 2024). Revenue: NT$189.7m (down 12% from 1Q 2024). Net loss: NT$2.21m (down 120% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.New Risk • May 14New major risk - Revenue and earnings growthEarnings have declined by 7.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$756.9m market cap, or US$25.0m).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$18.35, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.20 loss in FY 2023). Revenue: NT$972.7m (down 7.4% from FY 2023). Net income: NT$8.83m (up NT$15.4m from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.공시 • Mar 19Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 20, 2025Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: no,60, t`ieh pao st., hsi tun district, taichung city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.40 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.37 (down from NT$0.40 in 3Q 2023). Revenue: NT$267.0m (down 7.3% from 3Q 2023). Net loss: NT$12.7m (down 195% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.19 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.19 (down from NT$0.41 in 2Q 2023). Revenue: NT$285.7m (down 18% from 2Q 2023). Net income: NT$6.69m (down 51% from 2Q 2023). Profit margin: 2.3% (down from 3.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 473% Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (NT$1.03b market cap, or US$31.8m).Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$30.80, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 29% over the past three years.Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.39 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (up from NT$0.39 loss in 1Q 2023). Revenue: NT$214.9m (up 19% from 1Q 2023). Net income: NT$11.4m (up NT$24.4m from 1Q 2023). Profit margin: 5.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Mar 14Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 21, 2024Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 21, 2024.Reported Earnings • Mar 13Full year 2023 earnings released: NT$0.20 loss per share (vs NT$1.53 profit in FY 2022)Full year 2023 results: NT$0.20 loss per share (down from NT$1.53 profit in FY 2022). Revenue: NT$1.05b (down 15% from FY 2022). Net loss: NT$6.57m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Nov 04New 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 5.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 215% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (NT$822.3m market cap, or US$25.6m).Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$24.85, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 53% over the past three years.New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 3.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 219% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (NT$691.9m market cap, or US$21.6m).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.75 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.75 in 2Q 2022). Revenue: NT$347.4m (down 8.6% from 2Q 2022). Net income: NT$13.7m (down 46% from 2Q 2022). Profit margin: 3.9% (down from 6.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 17Upcoming dividend of NT$0.70 per share at 3.1% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 18 August 2023. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (5 non-independent directors). Director Shu Ting Zhuang was the last director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$19.30, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 28% share price gain to NT$26.15, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 139% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.75 (vs NT$0.075 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.75 (up from NT$0.075 in 2Q 2021). Revenue: NT$380.1m (flat on 2Q 2021). Net income: NT$25.2m (up NT$22.7m from 2Q 2021). Profit margin: 6.6% (up from 0.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.38 in 1Q 2021)First quarter 2022 results: EPS: NT$0.48 (up from NT$0.38 in 1Q 2021). Revenue: NT$351.2m (up 14% from 1Q 2021). Net income: NT$15.9m (up 27% from 1Q 2021). Profit margin: 4.5% (up from 4.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (5 non-independent directors). Director Shu Ting Zhuang was the last director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$0.95 (vs NT$0.90 in FY 2020)Full year 2021 results: EPS: NT$0.95 (up from NT$0.90 in FY 2020). Revenue: NT$1.49b (up 27% from FY 2020). Net income: NT$31.8m (up 5.7% from FY 2020). Profit margin: 2.1% (down from 2.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 188% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$399.6m (up 6.5% from 3Q 2020). Net income: NT$9.92m (up 80% from 3Q 2020). Profit margin: 2.5% (up from 1.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.50 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$383.4m (up 61% from 2Q 2020). Net income: NT$2.50m (up NT$19.3m from 2Q 2020). Profit margin: 0.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 12Inaugural dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 14 September 2021. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 2.1%.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$41.35, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 181% over the past three years.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$31.60, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 115% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.045 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$307.3m (up 88% from 1Q 2020). Net income: NT$12.5m (up NT$14.0m from 1Q 2020). Profit margin: 4.1% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$25.75, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$39.60, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 139% over the past three years.분석 기사 • Apr 06The Strong Earnings Posted By Higher Way Electronic (GTSM:3268) Are A Good Indication Of The Strength Of The BusinessInvestors were disappointed with Higher Way Electronic Co., Ltd.'s ( GTSM:3268 ) earnings, despite the strong profit...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$0.90 (vs NT$0.56 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.17b (up 24% from FY 2019). Net income: NT$30.0m (up NT$48.8m from FY 2019). Profit margin: 2.6% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 01We Like These Underlying Trends At Higher Way Electronic (GTSM:3268)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Is New 90 Day High Low • Feb 23New 90-day high: NT$18.70The company is up 13% from its price of NT$16.50 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period.Is New 90 Day High Low • Feb 01New 90-day low: NT$15.20The company is down 11% from its price of NT$17.00 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.분석 기사 • Jan 07Higher Way Electronic (GTSM:3268) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.17The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$375.1m (up 50% from 3Q 2019). Net income: NT$5.52m (up NT$9.94m from 3Q 2019). Profit margin: 1.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 3268 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 3268 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Higher Way Electronic 배당 수익률 vs 시장3268의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3268)0%시장 하위 25% (TW)1.4%시장 상위 25% (TW)4.9%업계 평균 (Semiconductor)1.0%분석가 예측 (3268) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 3268 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 3268 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 3268 TW 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 3268 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/04 20:15종가2026/07/03 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Higher Way Electronic Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.70 per share at 3.1% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 18 August 2023. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).
Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).
Upcoming Dividend • Aug 12Inaugural dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 14 September 2021. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 2.1%.
Buy Or Sell Opportunity • Jun 03Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$21.20. The fair value is estimated to be NT$16.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 14First quarter 2026 earnings released: NT$0.09 loss per share (vs NT$0.064 loss in 1Q 2025)First quarter 2026 results: NT$0.09 loss per share (further deteriorated from NT$0.064 loss in 1Q 2025). Revenue: NT$214.2m (up 13% from 1Q 2025). Net loss: NT$3.12m (loss widened 41% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 13Full year 2025 earnings released: NT$1.33 loss per share (vs NT$0.26 profit in FY 2024)Full year 2025 results: NT$1.33 loss per share (down from NT$0.26 profit in FY 2024). Revenue: NT$922.2m (down 5.2% from FY 2024). Net loss: NT$46.3m (down NT$55.2m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
공시 • Mar 11Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 24, 2026Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,60, t`ieh pao st., hsi tun district, taichung city Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.03 loss per share (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: NT$0.03 loss per share (improved from NT$0.37 loss in 3Q 2024). Revenue: NT$235.9m (down 12% from 3Q 2024). Net loss: NT$906.0k (loss narrowed 93% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.30 loss per share (vs NT$0.19 profit in 2Q 2024)Second quarter 2025 results: NT$1.30 loss per share (down from NT$0.19 profit in 2Q 2024). Revenue: NT$291.0m (up 1.9% from 2Q 2024). Net loss: NT$45.2m (down NT$51.9m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.34 profit in 1Q 2024)First quarter 2025 results: NT$0.06 loss per share (down from NT$0.34 profit in 1Q 2024). Revenue: NT$189.7m (down 12% from 1Q 2024). Net loss: NT$2.21m (down 120% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
New Risk • May 14New major risk - Revenue and earnings growthEarnings have declined by 7.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$756.9m market cap, or US$25.0m).
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$18.35, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.20 loss in FY 2023). Revenue: NT$972.7m (down 7.4% from FY 2023). Net income: NT$8.83m (up NT$15.4m from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
공시 • Mar 19Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 20, 2025Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: no,60, t`ieh pao st., hsi tun district, taichung city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.40 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.37 (down from NT$0.40 in 3Q 2023). Revenue: NT$267.0m (down 7.3% from 3Q 2023). Net loss: NT$12.7m (down 195% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.19 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.19 (down from NT$0.41 in 2Q 2023). Revenue: NT$285.7m (down 18% from 2Q 2023). Net income: NT$6.69m (down 51% from 2Q 2023). Profit margin: 2.3% (down from 3.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 473% Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (NT$1.03b market cap, or US$31.8m).
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$30.80, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 29% over the past three years.
Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.39 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.34 (up from NT$0.39 loss in 1Q 2023). Revenue: NT$214.9m (up 19% from 1Q 2023). Net income: NT$11.4m (up NT$24.4m from 1Q 2023). Profit margin: 5.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Mar 14Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 21, 2024Higher Way Electronic Co., Ltd., Annual General Meeting, Jun 21, 2024.
Reported Earnings • Mar 13Full year 2023 earnings released: NT$0.20 loss per share (vs NT$1.53 profit in FY 2022)Full year 2023 results: NT$0.20 loss per share (down from NT$1.53 profit in FY 2022). Revenue: NT$1.05b (down 15% from FY 2022). Net loss: NT$6.57m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Nov 04New 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 5.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 215% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (NT$822.3m market cap, or US$25.6m).
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$24.85, the stock trades at a trailing P/E ratio of 76.5x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 53% over the past three years.
New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 3.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 219% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (NT$691.9m market cap, or US$21.6m).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.75 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.75 in 2Q 2022). Revenue: NT$347.4m (down 8.6% from 2Q 2022). Net income: NT$13.7m (down 46% from 2Q 2022). Profit margin: 3.9% (down from 6.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.70 per share at 3.1% yieldEligible shareholders must have bought the stock before 24 July 2023. Payment date: 18 August 2023. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (5 non-independent directors). Director Shu Ting Zhuang was the last director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$19.30, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 28% share price gain to NT$26.15, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.75 (vs NT$0.075 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.75 (up from NT$0.075 in 2Q 2021). Revenue: NT$380.1m (flat on 2Q 2021). Net income: NT$25.2m (up NT$22.7m from 2Q 2021). Profit margin: 6.6% (up from 0.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.38 in 1Q 2021)First quarter 2022 results: EPS: NT$0.48 (up from NT$0.38 in 1Q 2021). Revenue: NT$351.2m (up 14% from 1Q 2021). Net income: NT$15.9m (up 27% from 1Q 2021). Profit margin: 4.5% (up from 4.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (5 non-independent directors). Director Shu Ting Zhuang was the last director to join the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$0.95 (vs NT$0.90 in FY 2020)Full year 2021 results: EPS: NT$0.95 (up from NT$0.90 in FY 2020). Revenue: NT$1.49b (up 27% from FY 2020). Net income: NT$31.8m (up 5.7% from FY 2020). Profit margin: 2.1% (down from 2.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 188% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$399.6m (up 6.5% from 3Q 2020). Net income: NT$9.92m (up 80% from 3Q 2020). Profit margin: 2.5% (up from 1.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.50 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$383.4m (up 61% from 2Q 2020). Net income: NT$2.50m (up NT$19.3m from 2Q 2020). Profit margin: 0.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 12Inaugural dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 19 August 2021. Payment date: 14 September 2021. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 2.1%.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$41.35, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 181% over the past three years.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$31.60, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 115% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.045 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$307.3m (up 88% from 1Q 2020). Net income: NT$12.5m (up NT$14.0m from 1Q 2020). Profit margin: 4.1% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$25.75, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$39.60, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 139% over the past three years.
분석 기사 • Apr 06The Strong Earnings Posted By Higher Way Electronic (GTSM:3268) Are A Good Indication Of The Strength Of The BusinessInvestors were disappointed with Higher Way Electronic Co., Ltd.'s ( GTSM:3268 ) earnings, despite the strong profit...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$0.90 (vs NT$0.56 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.17b (up 24% from FY 2019). Net income: NT$30.0m (up NT$48.8m from FY 2019). Profit margin: 2.6% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 01We Like These Underlying Trends At Higher Way Electronic (GTSM:3268)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Is New 90 Day High Low • Feb 23New 90-day high: NT$18.70The company is up 13% from its price of NT$16.50 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period.
Is New 90 Day High Low • Feb 01New 90-day low: NT$15.20The company is down 11% from its price of NT$17.00 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.
분석 기사 • Jan 07Higher Way Electronic (GTSM:3268) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.17The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$375.1m (up 50% from 3Q 2019). Net income: NT$5.52m (up NT$9.94m from 3Q 2019). Profit margin: 1.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.