Motech Industries (6244) 주식 개요는 대만 및 국제적으로 태양광 제품을 제조 및 판매하는 기업입니다. 자세히 보기6244 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적1/6재무 건전성5/6배당0/6위험 분석이익 마진 (1.1%)이 지난해 (5.6%)보다 낮습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기6244 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$28.80239.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6b30b2016201920222025202620282031Revenue NT$1.5bEarnings NT$16.9mAdvancedSet Fair ValueView all narrativesMotech Industries Inc. 경쟁사IC PlusSymbol: TPEX:8040Market cap: NT$9.1bJMicron TechnologySymbol: TPEX:4925Market cap: NT$10.4bTranscomSymbol: TWSE:5222Market cap: NT$10.4bCosmo ElectronicsSymbol: TWSE:2466Market cap: NT$8.7b가격 이력 및 성과Motech Industries 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$28.8052주 최고가NT$39.1052주 최저가NT$15.00베타0.761개월 변동-2.04%3개월 변동1.23%1년 변동64.10%3년 변동-13.38%5년 변동-8.86%IPO 이후 변동67.24%최근 뉴스 및 업데이트Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.12 (vs NT$0.17 in 1Q 2025)First quarter 2026 results: EPS: NT$0.12 (down from NT$0.17 in 1Q 2025). Revenue: NT$761.5m (down 4.0% from 1Q 2025). Net income: NT$44.6m (down 32% from 1Q 2025). Profit margin: 5.9% (down from 8.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • May 02Motech Industries Inc. to Report Q1, 2026 Results on May 07, 2026Motech Industries Inc. announced that they will report Q1, 2026 results on May 07, 2026New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).New Risk • Mar 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 7.3% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.14 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$0.61 in FY 2024). Revenue: NT$3.06b (down 5.1% from FY 2024). Net income: NT$55.1m (down 77% from FY 2024). Profit margin: 1.8% (down from 7.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Mar 06Motech Industries Inc., Annual General Meeting, Jun 17, 2026Motech Industries Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan더 많은 업데이트 보기Recent updatesReported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.12 (vs NT$0.17 in 1Q 2025)First quarter 2026 results: EPS: NT$0.12 (down from NT$0.17 in 1Q 2025). Revenue: NT$761.5m (down 4.0% from 1Q 2025). Net income: NT$44.6m (down 32% from 1Q 2025). Profit margin: 5.9% (down from 8.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • May 02Motech Industries Inc. to Report Q1, 2026 Results on May 07, 2026Motech Industries Inc. announced that they will report Q1, 2026 results on May 07, 2026New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).New Risk • Mar 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 7.3% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.14 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$0.61 in FY 2024). Revenue: NT$3.06b (down 5.1% from FY 2024). Net income: NT$55.1m (down 77% from FY 2024). Profit margin: 1.8% (down from 7.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Mar 06Motech Industries Inc., Annual General Meeting, Jun 17, 2026Motech Industries Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan공시 • Feb 26Motech Industries Inc. to Report Fiscal Year 2025 Results on Mar 05, 2026Motech Industries Inc. announced that they will report fiscal year 2025 results at 9:00 AM, Taipei Standard Time on Mar 05, 2026Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.95, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total loss to shareholders of 2.9% over the past three years.New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$23.15, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total loss to shareholders of 15% over the past three years.New Risk • Dec 18New 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 6.6% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$20.40, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total loss to shareholders of 24% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.09 (vs NT$0.065 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.09 (up from NT$0.065 in 3Q 2024). Revenue: NT$793.2m (up 11% from 3Q 2024). Net income: NT$36.4m (up 46% from 3Q 2024). Profit margin: 4.6% (up from 3.5% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공시 • Oct 30Motech Industries Inc. to Report Q3, 2025 Results on Nov 06, 2025Motech Industries Inc. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.13 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.01 (down from NT$0.13 in 2Q 2024). Revenue: NT$667.9m (down 16% from 2Q 2024). Net income: NT$5.18m (down 90% from 2Q 2024). Profit margin: 0.8% (down from 6.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.공시 • Aug 01Motech Industries Inc. to Report Q2, 2025 Results on Aug 07, 2025Motech Industries Inc. announced that they will report Q2, 2025 results on Aug 07, 2025Declared Dividend • Jul 10Dividend increased to NT$0.36Dividend of NT$0.36 is 13% higher than last year. Ex-date: 23rd July 2025 Payment date: 18th August 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 56% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jun 21+ 2 more updatesMotech Industries Inc. Approves Board Changes, Effective from June 20, 2025Motech Industries Inc. held its AGM on June 20, 2025, approved the election of directors, Cheng Fu-Tien, Culture & Education Foundation Representative: Fred Yeh, Independent Directors: Chia-Hsin Chang and Andie Chen, Chief Financial Officer of Sheng Hung Industrial Co. Ltd. Title and name of the previous position holder: Director: Shao-Hua Huang, Director of Motech. Effective date of the new appointment:2025/06/20.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total loss to shareholders of 20% over the past three years.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2024)First quarter 2025 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2024). Revenue: NT$793.4m (down 10% from 1Q 2024). Net income: NT$66.0m (down 48% from 1Q 2024). Profit margin: 8.3% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.공시 • Apr 30Motech Industries Inc. to Report Q1, 2025 Results on May 08, 2025Motech Industries Inc. announced that they will report Q1, 2025 results on May 08, 2025New Risk • Apr 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$17.20, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 45% over the past three years.New Risk • Apr 07New 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$0.61 (vs NT$0.56 in FY 2023)Full year 2024 results: EPS: NT$0.61 (up from NT$0.56 in FY 2023). Revenue: NT$3.23b (down 21% from FY 2023). Net income: NT$235.3m (up 7.9% from FY 2023). Profit margin: 7.3% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Feb 26Motech Industries Inc., Annual General Meeting, Jun 20, 2025Motech Industries Inc., Annual General Meeting, Jun 20, 2025. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan공시 • Feb 18Motech Industries Inc. to Report Fiscal Year 2024 Results on Feb 25, 2025Motech Industries Inc. announced that they will report fiscal year 2024 results on Feb 25, 2025Buy Or Sell Opportunity • Jan 09Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to NT$20.30. The fair value is estimated to be NT$27.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has grown by 16%.Buy Or Sell Opportunity • Dec 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$20.95. The fair value is estimated to be NT$26.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.06 (down from NT$0.20 in 3Q 2023). Revenue: NT$717.7m (down 25% from 3Q 2023). Net income: NT$25.0m (down 67% from 3Q 2023). Profit margin: 3.5% (down from 8.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.공시 • Oct 31Motech Industries Inc. to Report Q3, 2024 Results on Nov 07, 2024Motech Industries Inc. announced that they will report Q3, 2024 results on Nov 07, 2024Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.059 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.13 (up from NT$0.059 in 2Q 2023). Revenue: NT$792.4m (down 4.2% from 2Q 2023). Net income: NT$50.6m (up 123% from 2Q 2023). Profit margin: 6.4% (up from 2.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$24.15, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past three years.공시 • Jul 24Motech Industries Inc. to Report Q2, 2024 Results on Aug 01, 2024Motech Industries Inc. announced that they will report Q2, 2024 results on Aug 01, 2024Declared Dividend • Jul 03Dividend of NT$0.32 announcedShareholders will receive a dividend of NT$0.32. Ex-date: 16th July 2024 Payment date: 9th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 88% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.90, the stock trades at a trailing P/E ratio of 65.8x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.40 in 1Q 2023)First quarter 2024 results: EPS: NT$0.33 (down from NT$0.40 in 1Q 2023). Revenue: NT$885.2m (down 35% from 1Q 2023). Net income: NT$125.8m (down 20% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Apr 24Motech Industries Inc. to Report Q1, 2024 Results on May 02, 2024Motech Industries Inc. announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.56 (vs NT$0.73 in FY 2022)Full year 2023 results: EPS: NT$0.56 (down from NT$0.73 in FY 2022). Revenue: NT$4.07b (down 24% from FY 2022). Net income: NT$218.2m (down 19% from FY 2022). Profit margin: 5.4% (up from 5.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Mar 08Motech Industries Inc., Annual General Meeting, Jun 18, 2024Motech Industries Inc., Annual General Meeting, Jun 18, 2024. Location: International Conference Hall at 1st Fl., No. 18, Dashun 9th Rd Xinshi Dist Tainan City Taiwan Agenda: To consider 2023 Operation Report; to consider Audit Committee's review report on 2023 financial statements; to consider distribution of 2023 compensation to employees and remuneration to Directors; and to transact such other business matters.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$0.20 (vs NT$0.25 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.20 (down from NT$0.25 in 3Q 2022). Revenue: NT$954.5m (down 31% from 3Q 2022). Net income: NT$76.0m (down 19% from 3Q 2022). Profit margin: 8.0% (up from 6.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.16 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.06 (down from NT$0.16 in 2Q 2022). Revenue: NT$826.8m (down 29% from 2Q 2022). Net income: NT$22.7m (down 61% from 2Q 2022). Profit margin: 2.7% (down from 5.0% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.45 per share at 1.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.3%).공시 • Jul 04Motech Industries Inc. Announces Dividend Distribution, Payable August 11, 2023Motech Industries Inc. announces dividend distribution of TWD 0.45 per share, Cash dividend TWD 174,168,844, with Ex-rights (ex-dividend) date is July 18, 2023, ex-rights (Ex-dividend) record date is July 24, 2023 and payment date of cash dividend distribution is August 11, 2023.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$33.90, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 475% over the past three years.Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$0.73 (vs NT$0.30 in FY 2021)Full year 2022 results: EPS: NT$0.73 (up from NT$0.30 in FY 2021). Revenue: NT$5.36b (down 8.7% from FY 2021). Net income: NT$267.9m (up 151% from FY 2021). Profit margin: 5.0% (up from 1.8% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$30.60, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 159% over the past three years.Board Change • Nov 16Less 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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chia-Hsin Chang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.25. Revenue: NT$1.39b (down 12% from 3Q 2021). Net income: NT$94.1m (up 5.4% from 3Q 2021). Profit margin: 6.8% (up from 5.7% in 3Q 2021).Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: NT$0.16 (vs NT$0.11 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.16 (up from NT$0.11 in 2Q 2021). Revenue: NT$1.16b (down 29% from 2Q 2021). Net income: NT$58.4m (up 48% from 2Q 2021). Profit margin: 5.0% (up from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Jul 21Motech Industries Inc. Announces Management ChangesMotech Industries Inc. appoints Chia-Hsin Chang- Independent Director of Motech as member of compensation committee in place of Cheng-Ching Wu- Independent Director of Motech, effective date is July 20, 2022.Upcoming Dividend • Jul 21Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 24 August 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).공시 • Jul 15Motech Industries Inc. Announces Dividend, Payable on August 4, 2022Motech Industries Inc. announces dividend distribution of TWD 0.2 per share with Ex-rights (ex-dividend) date is July 28, 2022, ex-rights (Ex-dividend) record date is August 3, 2022 and payment date of cash dividend distribution is August 4, 2022.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.069 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.12 (up from NT$0.069 loss in 1Q 2021). Revenue: NT$1.10b (flat on 1Q 2021). Net income: NT$41.5m (up NT$65.9m from 1Q 2021). Profit margin: 3.8% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Kin-Tsau Lee was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.30 (down from NT$0.31 in FY 2020). Revenue: NT$5.87b (up 60% from FY 2020). Net income: NT$106.7m (down 3.0% from FY 2020). Profit margin: 1.8% (down from 3.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 54%. Over the last 3 years on average, earnings per share has increased by 121% 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 • Nov 10Third quarter 2021 earnings released: EPS NT$0.25 (vs NT$0.29 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.57b (up 51% from 3Q 2020). Net income: NT$89.3m (down 14% from 3Q 2020). Profit margin: 5.7% (down from 9.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.51 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.63b (up 60% from 2Q 2020). Net income: NT$39.6m (down 78% from 2Q 2020). Profit margin: 2.4% (down from 18% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 10Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 10 September 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$26.95, the stock trades at a trailing P/E ratio of 52.8x. Average forward P/E is 13x in the Semiconductor industry in Taiwan. Total loss to shareholders of 9.4% over the past three years.Reported Earnings • May 13First quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.27 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$1.11b (up 49% from 1Q 2020). Net loss: NT$24.4m (loss narrowed 74% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.분석 기사 • Mar 29Motech Industries' (GTSM:6244) Robust Earnings Might Be Weaker Than You ThinkMotech Industries Inc.'s ( GTSM:6244 ) solid earnings report last week was underwhelming to investors. We did some...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.31 (vs NT$3.72 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.68b (down 31% from FY 2019). Net income: NT$110.0m (up NT$1.43b from FY 2019). Profit margin: 3.0% (up from net loss in FY 2019). 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 5% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 22Is Motech Industries (GTSM:6244) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Mar 19Motech Industries Inc., Annual General Meeting, Jun 17, 2021Motech Industries Inc., Annual General Meeting, Jun 17, 2021. Agenda: To consider the 2020 Operation Report; to consider the Audit Committee's review report on 2020 audited financial statements; to consider the 2020 employee's profit sharing bonus and directors remuneration; and to consider the proposal for distribution of 2020 profits.Is New 90 Day High Low • Mar 13New 90-day high: NT$37.00The company is up 13% from its price of NT$32.65 on 11 December 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.분석 기사 • Jan 26Is Motech Industries' (GTSM:6244) Share Price Gain Of 145% Well Earned?Motech Industries Inc. ( GTSM:6244 ) shareholders might be concerned after seeing the share price drop 20% in the last...공시 • Jan 22Motech Industries Inc. Appoints Alan Wu as Principal Accounting OfficerMotech Industries Inc. announced the appointment of Alan Wu as Principal Accounting Officer.Is New 90 Day High Low • Jan 18New 90-day low: NT$30.80The company is down 19% from its price of NT$37.90 on 21 October 2020. The Taiwanese market is up 20% 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 • Dec 22New 90-day low: NT$31.60The company is down 15% from its price of NT$37.29 on 16 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period.분석 기사 • Dec 04Does Motech Industries (GTSM:6244) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.29The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$1.04b (down 27% from 3Q 2019). Net income: NT$103.3m (up NT$99.4m from 3Q 2019). Profit margin: 9.9% (up from 0.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.주주 수익률6244TW SemiconductorTW 시장7D-9.7%5.5%5.3%1Y64.1%150.4%109.6%전체 주주 수익률 보기수익률 대 산업: 6244은 지난 1년 동안 150.4%의 수익을 기록한 TW Semiconductor 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 6244은 지난 1년 동안 109.6%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 6244's price volatile compared to industry and market?6244 volatility6244 Average Weekly Movement9.0%Semiconductor Industry Average Movement9.7%Market Average Movement6.4%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%안정적인 주가: 6244는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 6244의 주간 변동성(9%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1970n/aTing-Chao Wangwww.motechsolar.com는 대만 및 국제적으로 태양광 제품을 제조 및 판매하는 기업입니다. 이 회사는 태양 전지, PV 모듈 및 PV 전력 시스템을 제공하고 PV 인버터를 제조 및 판매합니다. 이 회사는 이전에는 Meter International Corporation으로 알려졌습니다.더 보기Motech Industries Inc. 기초 지표 요약Motech Industries의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6244 기초 통계시가총액NT$11.01b순이익 (TTM)NT$33.73m매출 (TTM)NT$3.03b330.4x주가수익비율(P/E)3.7x주가매출비율(P/S)6244는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6244 손익계산서 (TTM)매출NT$3.03b매출원가NT$2.56b총이익NT$466.68m기타 비용NT$432.95m순이익NT$33.73m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.087총이익률15.40%순이익률1.11%부채/자본 비율74.5%6244의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.5%현재 배당 수익률161%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/22 11:53종가2026/06/22 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 소스Motech Industries Inc.는 15명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yi-Ling LiuArete Research Services LLPLu YeungBofA Global ResearchShun Kan Liu GrassiCitigroup Inc12명의 분석가 더 보기
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.12 (vs NT$0.17 in 1Q 2025)First quarter 2026 results: EPS: NT$0.12 (down from NT$0.17 in 1Q 2025). Revenue: NT$761.5m (down 4.0% from 1Q 2025). Net income: NT$44.6m (down 32% from 1Q 2025). Profit margin: 5.9% (down from 8.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • May 02Motech Industries Inc. to Report Q1, 2026 Results on May 07, 2026Motech Industries Inc. announced that they will report Q1, 2026 results on May 07, 2026
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).
New Risk • Mar 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 7.3% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.14 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$0.61 in FY 2024). Revenue: NT$3.06b (down 5.1% from FY 2024). Net income: NT$55.1m (down 77% from FY 2024). Profit margin: 1.8% (down from 7.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Mar 06Motech Industries Inc., Annual General Meeting, Jun 17, 2026Motech Industries Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.12 (vs NT$0.17 in 1Q 2025)First quarter 2026 results: EPS: NT$0.12 (down from NT$0.17 in 1Q 2025). Revenue: NT$761.5m (down 4.0% from 1Q 2025). Net income: NT$44.6m (down 32% from 1Q 2025). Profit margin: 5.9% (down from 8.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • May 02Motech Industries Inc. to Report Q1, 2026 Results on May 07, 2026Motech Industries Inc. announced that they will report Q1, 2026 results on May 07, 2026
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).
New Risk • Mar 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 7.3% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin).
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.14 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$0.61 in FY 2024). Revenue: NT$3.06b (down 5.1% from FY 2024). Net income: NT$55.1m (down 77% from FY 2024). Profit margin: 1.8% (down from 7.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Mar 06Motech Industries Inc., Annual General Meeting, Jun 17, 2026Motech Industries Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan
공시 • Feb 26Motech Industries Inc. to Report Fiscal Year 2025 Results on Mar 05, 2026Motech Industries Inc. announced that they will report fiscal year 2025 results at 9:00 AM, Taipei Standard Time on Mar 05, 2026
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.95, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total loss to shareholders of 2.9% over the past three years.
New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$23.15, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total loss to shareholders of 15% over the past three years.
New Risk • Dec 18New 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 6.6% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$20.40, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.09 (vs NT$0.065 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.09 (up from NT$0.065 in 3Q 2024). Revenue: NT$793.2m (up 11% from 3Q 2024). Net income: NT$36.4m (up 46% from 3Q 2024). Profit margin: 4.6% (up from 3.5% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공시 • Oct 30Motech Industries Inc. to Report Q3, 2025 Results on Nov 06, 2025Motech Industries Inc. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.13 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.01 (down from NT$0.13 in 2Q 2024). Revenue: NT$667.9m (down 16% from 2Q 2024). Net income: NT$5.18m (down 90% from 2Q 2024). Profit margin: 0.8% (down from 6.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.
공시 • Aug 01Motech Industries Inc. to Report Q2, 2025 Results on Aug 07, 2025Motech Industries Inc. announced that they will report Q2, 2025 results on Aug 07, 2025
Declared Dividend • Jul 10Dividend increased to NT$0.36Dividend of NT$0.36 is 13% higher than last year. Ex-date: 23rd July 2025 Payment date: 18th August 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 56% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jun 21+ 2 more updatesMotech Industries Inc. Approves Board Changes, Effective from June 20, 2025Motech Industries Inc. held its AGM on June 20, 2025, approved the election of directors, Cheng Fu-Tien, Culture & Education Foundation Representative: Fred Yeh, Independent Directors: Chia-Hsin Chang and Andie Chen, Chief Financial Officer of Sheng Hung Industrial Co. Ltd. Title and name of the previous position holder: Director: Shao-Hua Huang, Director of Motech. Effective date of the new appointment:2025/06/20.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total loss to shareholders of 20% over the past three years.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2024)First quarter 2025 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2024). Revenue: NT$793.4m (down 10% from 1Q 2024). Net income: NT$66.0m (down 48% from 1Q 2024). Profit margin: 8.3% (down from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.
공시 • Apr 30Motech Industries Inc. to Report Q1, 2025 Results on May 08, 2025Motech Industries Inc. announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Apr 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$17.20, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 45% over the past three years.
New Risk • Apr 07New 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$0.61 (vs NT$0.56 in FY 2023)Full year 2024 results: EPS: NT$0.61 (up from NT$0.56 in FY 2023). Revenue: NT$3.23b (down 21% from FY 2023). Net income: NT$235.3m (up 7.9% from FY 2023). Profit margin: 7.3% (up from 5.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Feb 26Motech Industries Inc., Annual General Meeting, Jun 20, 2025Motech Industries Inc., Annual General Meeting, Jun 20, 2025. Location: 1 floor no,18, ta shun 9th rd., sinshih district, tainan city Taiwan
공시 • Feb 18Motech Industries Inc. to Report Fiscal Year 2024 Results on Feb 25, 2025Motech Industries Inc. announced that they will report fiscal year 2024 results on Feb 25, 2025
Buy Or Sell Opportunity • Jan 09Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to NT$20.30. The fair value is estimated to be NT$27.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has grown by 16%.
Buy Or Sell Opportunity • Dec 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to NT$20.95. The fair value is estimated to be NT$26.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.06 (down from NT$0.20 in 3Q 2023). Revenue: NT$717.7m (down 25% from 3Q 2023). Net income: NT$25.0m (down 67% from 3Q 2023). Profit margin: 3.5% (down from 8.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
공시 • Oct 31Motech Industries Inc. to Report Q3, 2024 Results on Nov 07, 2024Motech Industries Inc. announced that they will report Q3, 2024 results on Nov 07, 2024
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.059 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.13 (up from NT$0.059 in 2Q 2023). Revenue: NT$792.4m (down 4.2% from 2Q 2023). Net income: NT$50.6m (up 123% from 2Q 2023). Profit margin: 6.4% (up from 2.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$24.15, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past three years.
공시 • Jul 24Motech Industries Inc. to Report Q2, 2024 Results on Aug 01, 2024Motech Industries Inc. announced that they will report Q2, 2024 results on Aug 01, 2024
Declared Dividend • Jul 03Dividend of NT$0.32 announcedShareholders will receive a dividend of NT$0.32. Ex-date: 16th July 2024 Payment date: 9th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 88% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.90, the stock trades at a trailing P/E ratio of 65.8x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.40 in 1Q 2023)First quarter 2024 results: EPS: NT$0.33 (down from NT$0.40 in 1Q 2023). Revenue: NT$885.2m (down 35% from 1Q 2023). Net income: NT$125.8m (down 20% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Apr 24Motech Industries Inc. to Report Q1, 2024 Results on May 02, 2024Motech Industries Inc. announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.56 (vs NT$0.73 in FY 2022)Full year 2023 results: EPS: NT$0.56 (down from NT$0.73 in FY 2022). Revenue: NT$4.07b (down 24% from FY 2022). Net income: NT$218.2m (down 19% from FY 2022). Profit margin: 5.4% (up from 5.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Mar 08Motech Industries Inc., Annual General Meeting, Jun 18, 2024Motech Industries Inc., Annual General Meeting, Jun 18, 2024. Location: International Conference Hall at 1st Fl., No. 18, Dashun 9th Rd Xinshi Dist Tainan City Taiwan Agenda: To consider 2023 Operation Report; to consider Audit Committee's review report on 2023 financial statements; to consider distribution of 2023 compensation to employees and remuneration to Directors; and to transact such other business matters.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$0.20 (vs NT$0.25 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.20 (down from NT$0.25 in 3Q 2022). Revenue: NT$954.5m (down 31% from 3Q 2022). Net income: NT$76.0m (down 19% from 3Q 2022). Profit margin: 8.0% (up from 6.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.16 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.06 (down from NT$0.16 in 2Q 2022). Revenue: NT$826.8m (down 29% from 2Q 2022). Net income: NT$22.7m (down 61% from 2Q 2022). Profit margin: 2.7% (down from 5.0% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.45 per share at 1.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.3%).
공시 • Jul 04Motech Industries Inc. Announces Dividend Distribution, Payable August 11, 2023Motech Industries Inc. announces dividend distribution of TWD 0.45 per share, Cash dividend TWD 174,168,844, with Ex-rights (ex-dividend) date is July 18, 2023, ex-rights (Ex-dividend) record date is July 24, 2023 and payment date of cash dividend distribution is August 11, 2023.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$33.90, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 475% over the past three years.
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$0.73 (vs NT$0.30 in FY 2021)Full year 2022 results: EPS: NT$0.73 (up from NT$0.30 in FY 2021). Revenue: NT$5.36b (down 8.7% from FY 2021). Net income: NT$267.9m (up 151% from FY 2021). Profit margin: 5.0% (up from 1.8% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$30.60, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 159% over the past three years.
Board Change • Nov 16Less 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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chia-Hsin Chang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.25 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.25. Revenue: NT$1.39b (down 12% from 3Q 2021). Net income: NT$94.1m (up 5.4% from 3Q 2021). Profit margin: 6.8% (up from 5.7% in 3Q 2021).
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: NT$0.16 (vs NT$0.11 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.16 (up from NT$0.11 in 2Q 2021). Revenue: NT$1.16b (down 29% from 2Q 2021). Net income: NT$58.4m (up 48% from 2Q 2021). Profit margin: 5.0% (up from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Jul 21Motech Industries Inc. Announces Management ChangesMotech Industries Inc. appoints Chia-Hsin Chang- Independent Director of Motech as member of compensation committee in place of Cheng-Ching Wu- Independent Director of Motech, effective date is July 20, 2022.
Upcoming Dividend • Jul 21Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 24 August 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.7%).
공시 • Jul 15Motech Industries Inc. Announces Dividend, Payable on August 4, 2022Motech Industries Inc. announces dividend distribution of TWD 0.2 per share with Ex-rights (ex-dividend) date is July 28, 2022, ex-rights (Ex-dividend) record date is August 3, 2022 and payment date of cash dividend distribution is August 4, 2022.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.069 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.12 (up from NT$0.069 loss in 1Q 2021). Revenue: NT$1.10b (flat on 1Q 2021). Net income: NT$41.5m (up NT$65.9m from 1Q 2021). Profit margin: 3.8% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Kin-Tsau Lee was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.30 (down from NT$0.31 in FY 2020). Revenue: NT$5.87b (up 60% from FY 2020). Net income: NT$106.7m (down 3.0% from FY 2020). Profit margin: 1.8% (down from 3.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 54%. Over the last 3 years on average, earnings per share has increased by 121% 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 • Nov 10Third quarter 2021 earnings released: EPS NT$0.25 (vs NT$0.29 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.57b (up 51% from 3Q 2020). Net income: NT$89.3m (down 14% from 3Q 2020). Profit margin: 5.7% (down from 9.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.51 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.63b (up 60% from 2Q 2020). Net income: NT$39.6m (down 78% from 2Q 2020). Profit margin: 2.4% (down from 18% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 10Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 17 August 2021. Payment date: 10 September 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$26.95, the stock trades at a trailing P/E ratio of 52.8x. Average forward P/E is 13x in the Semiconductor industry in Taiwan. Total loss to shareholders of 9.4% over the past three years.
Reported Earnings • May 13First quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.27 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$1.11b (up 49% from 1Q 2020). Net loss: NT$24.4m (loss narrowed 74% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 29Motech Industries' (GTSM:6244) Robust Earnings Might Be Weaker Than You ThinkMotech Industries Inc.'s ( GTSM:6244 ) solid earnings report last week was underwhelming to investors. We did some...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.31 (vs NT$3.72 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$3.68b (down 31% from FY 2019). Net income: NT$110.0m (up NT$1.43b from FY 2019). Profit margin: 3.0% (up from net loss in FY 2019). 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 5% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 22Is Motech Industries (GTSM:6244) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Mar 19Motech Industries Inc., Annual General Meeting, Jun 17, 2021Motech Industries Inc., Annual General Meeting, Jun 17, 2021. Agenda: To consider the 2020 Operation Report; to consider the Audit Committee's review report on 2020 audited financial statements; to consider the 2020 employee's profit sharing bonus and directors remuneration; and to consider the proposal for distribution of 2020 profits.
Is New 90 Day High Low • Mar 13New 90-day high: NT$37.00The company is up 13% from its price of NT$32.65 on 11 December 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.
분석 기사 • Jan 26Is Motech Industries' (GTSM:6244) Share Price Gain Of 145% Well Earned?Motech Industries Inc. ( GTSM:6244 ) shareholders might be concerned after seeing the share price drop 20% in the last...
공시 • Jan 22Motech Industries Inc. Appoints Alan Wu as Principal Accounting OfficerMotech Industries Inc. announced the appointment of Alan Wu as Principal Accounting Officer.
Is New 90 Day High Low • Jan 18New 90-day low: NT$30.80The company is down 19% from its price of NT$37.90 on 21 October 2020. The Taiwanese market is up 20% 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 • Dec 22New 90-day low: NT$31.60The company is down 15% from its price of NT$37.29 on 16 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period.
분석 기사 • Dec 04Does Motech Industries (GTSM:6244) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.29The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$1.04b (down 27% from 3Q 2019). Net income: NT$103.3m (up NT$99.4m from 3Q 2019). Profit margin: 9.9% (up from 0.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
