View ValuationCystech Electronics 향후 성장Future 기준 점검 0/6Cystech Electronics의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Semiconductor 이익 성장25.2%매출 성장률10.0%향후 자기자본이익률19.17%애널리스트 커버리지Low마지막 업데이트02 Feb 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$112, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 73% over the past three years.Buy Or Sell Opportunity • Apr 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to NT$112. The fair value is estimated to be NT$92.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.3%.Upcoming Dividend • Mar 20Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 28 April 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.4%).Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$6.32 (vs NT$8.22 in FY 2024)Full year 2025 results: EPS: NT$6.32 (down from NT$8.22 in FY 2024). Revenue: NT$1.50b (up 3.9% from FY 2024). Net income: NT$218.4m (down 23% from FY 2024). Profit margin: 14% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 93% Minor Risk Market cap is less than US$100m (NT$3.18b market cap, or US$99.8m).Declared Dividend • Feb 28Dividend reduced to NT$4.00Dividend of NT$4.00 is 43% lower than last year. Ex-date: 27th March 2026 Payment date: 28th April 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is more than the 14% EPS growth achieved over the last 5 years.공지 • Feb 27Cystech Electronics Corp. announces Annual dividend, payable on April 28, 2026Cystech Electronics Corp. announced Annual dividend of TWD 4.0000 per share payable on April 28, 2026, ex-date on March 27, 2026 and record date on March 30, 2026.공지 • Feb 26Cystech Electronics Corp., Annual General Meeting, May 29, 2026Cystech Electronics Corp., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: b2 floor building. l no,716, chung cheng rd., jhonghe district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$99.50, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 64% over the past three years.Buy Or Sell Opportunity • Feb 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$94.30. The fair value is estimated to be NT$77.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has declined by 6.3%.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.88 (vs NT$1.99 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.88 (down from NT$1.99 in 3Q 2024). Revenue: NT$357.3m (down 14% from 3Q 2024). Net income: NT$65.2m (down 5.1% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 15Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to NT$70.00. The fair value is estimated to be NT$58.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 8.3%.Buy Or Sell Opportunity • Sep 18Now 20% overvaluedOver the last 90 days, the stock has fallen 15% to NT$71.20. The fair value is estimated to be NT$59.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 8.3%.Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: NT$0.45 (vs NT$2.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.45 (down from NT$2.11 in 2Q 2024). Revenue: NT$412.7m (up 22% from 2Q 2024). Net income: NT$15.7m (down 79% from 2Q 2024). Profit margin: 3.8% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • May 12First quarter 2025 earnings released: EPS: NT$2.01 (vs NT$1.92 in 1Q 2024)First quarter 2025 results: EPS: NT$2.01 (up from NT$1.92 in 1Q 2024). Revenue: NT$386.9m (up 29% from 1Q 2024). Net income: NT$69.4m (up 5.4% from 1Q 2024). Profit margin: 18% (down from 22% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Apr 10New 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 7.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$2.64b market cap, or US$80.5m).Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$90.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.New Risk • Mar 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.24b market cap, or US$97.6m).Upcoming Dividend • Mar 20Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.3%).Reported Earnings • Mar 05Full year 2024 earnings released: EPS: NT$8.22 (vs NT$5.48 in FY 2023)Full year 2024 results: EPS: NT$8.22 (up from NT$5.48 in FY 2023). Revenue: NT$1.45b (up 7.5% from FY 2023). Net income: NT$283.4m (up 50% from FY 2023). Profit margin: 20% (up from 14% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공지 • Feb 27+ 1 more updateCystech Electronics Corp. announces Annual dividend, payable on April 25, 2025Cystech Electronics Corp. announced Annual dividend of TWD 7.0000 per share payable on April 25, 2025, ex-date on March 27, 2025 and record date on March 29, 2025.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.99 (vs NT$2.07 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.99 (down from NT$2.07 in 3Q 2023). Revenue: NT$416.2m (up 25% from 3Q 2023). Net income: NT$68.7m (down 3.4% from 3Q 2023). Profit margin: 17% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (NT$3.19b market cap, or US$99.3m).New Risk • Sep 12New 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 7.4% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.11 (vs NT$2.04 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.11 (up from NT$2.04 in 2Q 2023). Revenue: NT$338.3m (down 3.6% from 2Q 2023). Net income: NT$72.7m (up 3.7% from 2Q 2023). Profit margin: 22% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.Upcoming Dividend • Jun 17Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 15 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.1%).Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.92 (vs NT$1.27 in 1Q 2023)First quarter 2024 results: EPS: NT$1.92 (up from NT$1.27 in 1Q 2023). Revenue: NT$301.0m (down 9.9% from 1Q 2023). Net income: NT$65.9m (up 51% from 1Q 2023). Profit margin: 22% (up from 13% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$5.48 (vs NT$8.91 in FY 2022)Full year 2023 results: EPS: NT$5.48 (down from NT$8.91 in FY 2022). Revenue: NT$1.34b (down 21% from FY 2022). Net income: NT$188.4m (down 38% from FY 2022). Profit margin: 14% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.공지 • Mar 14Cystech Electronics Corp., Annual General Meeting, May 30, 2024Cystech Electronics Corp., Annual General Meeting, May 30, 2024.Buy Or Sell Opportunity • Mar 05Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$87.00. The fair value is estimated to be NT$71.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 20%.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$2.04 (vs NT$2.89 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.04 (down from NT$2.89 in 2Q 2022). Revenue: NT$351.0m (down 24% from 2Q 2022). Net income: NT$70.1m (down 30% from 2Q 2022). Profit margin: 20% (down from 22% 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 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 18Upcoming dividend of NT$6.00 per share at 7.5% yieldEligible shareholders must have bought the stock before 25 July 2023. Payment date: 15 August 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$8.91 (vs NT$7.40 in FY 2021)Full year 2022 results: EPS: NT$8.91 (up from NT$7.40 in FY 2021). Revenue: NT$1.70b (up 4.3% from FY 2021). Net income: NT$305.5m (up 21% from FY 2021). Profit margin: 18% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 39% per year.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$2.08 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (down from NT$2.08 in 3Q 2021). Revenue: NT$406.9m (down 6.7% from 3Q 2021). Net income: NT$65.0m (down 9.7% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$2.08 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (down from NT$2.08 in 3Q 2021). Revenue: NT$406.9m (down 6.7% from 3Q 2021). Net income: NT$65.0m (down 9.7% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years.Upcoming Dividend • Aug 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.51 (vs NT$1.81 in 1Q 2021)First quarter 2022 results: EPS: NT$2.51 (up from NT$1.81 in 1Q 2021). Revenue: NT$418.8m (up 15% from 1Q 2021). Net income: NT$82.9m (up 46% from 1Q 2021). Profit margin: 20% (up from 16% 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 48% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공지 • Mar 29Cystech Electronics Corp., Annual General Meeting, Jun 17, 2022Cystech Electronics Corp., Annual General Meeting, Jun 17, 2022.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$7.77 (vs NT$4.17 in FY 2020)Full year 2021 results: EPS: NT$7.77 (up from NT$4.17 in FY 2020). Revenue: NT$1.63b (up 36% from FY 2020). Net income: NT$253.0m (up 112% from FY 2020). Profit margin: 16% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.18 (vs NT$1.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$436.2m (up 36% from 3Q 2020). Net income: NT$71.9m (up 124% from 3Q 2020). Profit margin: 17% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 32% per year.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.92 (vs NT$0.56 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$381.1m (up 42% from 2Q 2020). Net income: NT$63.1m (up 296% from 2Q 2020). Profit margin: 17% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 03Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 31 August 2021. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$148, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 173% over the past three years.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$118, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 122% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$1.81 (vs NT$0.78 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$365.4m (up 38% from 1Q 2020). Net income: NT$56.8m (up 155% from 1Q 2020). Profit margin: 16% (up from 8.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$85.60, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 91% over the past three years.Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$4.17 (vs NT$3.26 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.19b (up 18% from FY 2019). Net income: NT$119.3m (up 28% from FY 2019). Profit margin: 10.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 24Cystech Electronics (GTSM:6651) Could Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$158, the stock is trading at a trailing P/E ratio of 43.5x, up from the previous P/E ratio of 36x. This compares to an average P/E of 27x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 378%.분석 기사 • Mar 04Are Strong Financial Prospects The Force That Is Driving The Momentum In Cystech Electronics Corp.'s GTSM:6651) Stock?Cystech Electronics' (GTSM:6651) stock is up by a considerable 96% over the past three months. Given that the market...Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$105, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24x. This compares to an average P/E of 28x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 236%.Is New 90 Day High Low • Feb 18New 90-day high: NT$95.70The company is up 38% from its price of NT$69.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 35% over the same period.분석 기사 • Feb 10Is There More To The Story Than Cystech Electronics' (GTSM:6651) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$87.50, the stock is trading at a trailing P/E ratio of 24.1x, up from the previous P/E ratio of 20.1x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 205%.Is New 90 Day High Low • Feb 03New 90-day high: NT$76.50The company is up 8.0% from its price of NT$70.60 on 05 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 37% over the same period.분석 기사 • Jan 20The Case For Cystech Electronics Corp. (GTSM:6651): Could It Be A Nice Addition To Your Dividend Portfolio?Today we'll take a closer look at Cystech Electronics Corp. ( GTSM:6651 ) from a dividend investor's perspective...Is New 90 Day High Low • Jan 14New 90-day high: NT$73.20The company is up 4.0% from its price of NT$70.20 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 34% over the same period.분석 기사 • Dec 31Cystech Electronics (GTSM:6651) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Dec 28New 90-day high: NT$73.00The company is up 5.0% from its price of NT$69.50 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 22% over the same period.분석 기사 • Dec 14The Trend Of High Returns At Cystech Electronics (GTSM:6651) Has Us Very InterestedIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...분석 기사 • Nov 24Shareholders Are Thrilled That The Cystech Electronics (GTSM:6651) Share Price Increased 138%The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.12The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$319.7m (up 20% from 3Q 2019). Net income: NT$32.1m (up 26% from 3Q 2019). Profit margin: 10.0% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Sep 18New 90-day high: NT$72.10The company is up 24% from its price of NT$58.00 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 31% over the same period.이익 및 매출 성장 예측TPEX:6651 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20271,835N/AN/A260112/31/20261,653N/AN/A358112/31/20251,502218282305N/A9/30/20251,547226260278N/A6/30/20251,606230223238N/A3/31/20251,532287374397N/A12/31/20241,446283420444N/A9/30/20241,381211496515N/A6/30/20241,299213486503N/A3/31/20241,312211363374N/A12/31/20231,345188324336N/A9/30/20231,431242324335N/A6/30/20231,504236343349N/A3/31/20231,612266193198N/A12/31/20221,6963057983N/A9/30/20221,728309-52-47N/A6/30/20221,758316-132-124N/A3/31/20221,680279-52-43N/A12/31/20211,627253-8-2N/A9/30/20211,528235-27-21N/A6/30/20211,412195-28-25N/A3/31/20211,2981482325N/A12/31/20201,1931195556N/A9/30/20201,1121047575N/A6/30/20201,06195159160N/A3/31/20201,032101211217N/A12/31/20191,01093255266N/A9/30/20191,00252N/A229N/A6/30/20191,01666N/A154N/A3/31/20191,00169N/A68N/A12/31/201898572N/A-18N/A9/30/2018928115N/A-38N/A6/30/2018863101N/A-41N/A3/31/201881284N/A-35N/A12/31/201776168N/A-29N/A9/30/201774356N/A0N/A6/30/201770648N/A50N/A3/31/201768238N/A26N/A12/31/201665828N/A2N/A12/31/20155127N/A51N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6651 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 6651 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 6651 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 6651 의 수익(연간 10%)이 TW 시장(연간 18.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 6651 의 수익(연간 10%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6651의 자본 수익률은 3년 후 19.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 06:38종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cystech Electronics Corp.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Licheng ZhuangCapital Securities Corporation
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$112, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 73% over the past three years.
Buy Or Sell Opportunity • Apr 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to NT$112. The fair value is estimated to be NT$92.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.3%.
Upcoming Dividend • Mar 20Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 28 April 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.4%).
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$6.32 (vs NT$8.22 in FY 2024)Full year 2025 results: EPS: NT$6.32 (down from NT$8.22 in FY 2024). Revenue: NT$1.50b (up 3.9% from FY 2024). Net income: NT$218.4m (down 23% from FY 2024). Profit margin: 14% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 93% Minor Risk Market cap is less than US$100m (NT$3.18b market cap, or US$99.8m).
Declared Dividend • Feb 28Dividend reduced to NT$4.00Dividend of NT$4.00 is 43% lower than last year. Ex-date: 27th March 2026 Payment date: 28th April 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is more than the 14% EPS growth achieved over the last 5 years.
공지 • Feb 27Cystech Electronics Corp. announces Annual dividend, payable on April 28, 2026Cystech Electronics Corp. announced Annual dividend of TWD 4.0000 per share payable on April 28, 2026, ex-date on March 27, 2026 and record date on March 30, 2026.
공지 • Feb 26Cystech Electronics Corp., Annual General Meeting, May 29, 2026Cystech Electronics Corp., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: b2 floor building. l no,716, chung cheng rd., jhonghe district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$99.50, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 64% over the past three years.
Buy Or Sell Opportunity • Feb 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$94.30. The fair value is estimated to be NT$77.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has declined by 6.3%.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$1.88 (vs NT$1.99 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.88 (down from NT$1.99 in 3Q 2024). Revenue: NT$357.3m (down 14% from 3Q 2024). Net income: NT$65.2m (down 5.1% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 15Now 20% overvaluedOver the last 90 days, the stock has fallen 12% to NT$70.00. The fair value is estimated to be NT$58.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 8.3%.
Buy Or Sell Opportunity • Sep 18Now 20% overvaluedOver the last 90 days, the stock has fallen 15% to NT$71.20. The fair value is estimated to be NT$59.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 8.3%.
Reported Earnings • Aug 11Second quarter 2025 earnings released: EPS: NT$0.45 (vs NT$2.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.45 (down from NT$2.11 in 2Q 2024). Revenue: NT$412.7m (up 22% from 2Q 2024). Net income: NT$15.7m (down 79% from 2Q 2024). Profit margin: 3.8% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 12First quarter 2025 earnings released: EPS: NT$2.01 (vs NT$1.92 in 1Q 2024)First quarter 2025 results: EPS: NT$2.01 (up from NT$1.92 in 1Q 2024). Revenue: NT$386.9m (up 29% from 1Q 2024). Net income: NT$69.4m (up 5.4% from 1Q 2024). Profit margin: 18% (down from 22% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Apr 10New 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 7.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$2.64b market cap, or US$80.5m).
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$90.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 25% over the past three years.
New Risk • Mar 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.24b market cap, or US$97.6m).
Upcoming Dividend • Mar 20Upcoming dividend of NT$7.00 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Mar 05Full year 2024 earnings released: EPS: NT$8.22 (vs NT$5.48 in FY 2023)Full year 2024 results: EPS: NT$8.22 (up from NT$5.48 in FY 2023). Revenue: NT$1.45b (up 7.5% from FY 2023). Net income: NT$283.4m (up 50% from FY 2023). Profit margin: 20% (up from 14% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공지 • Feb 27+ 1 more updateCystech Electronics Corp. announces Annual dividend, payable on April 25, 2025Cystech Electronics Corp. announced Annual dividend of TWD 7.0000 per share payable on April 25, 2025, ex-date on March 27, 2025 and record date on March 29, 2025.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.99 (vs NT$2.07 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.99 (down from NT$2.07 in 3Q 2023). Revenue: NT$416.2m (up 25% from 3Q 2023). Net income: NT$68.7m (down 3.4% from 3Q 2023). Profit margin: 17% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (NT$3.19b market cap, or US$99.3m).
New Risk • Sep 12New 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 7.4% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.11 (vs NT$2.04 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.11 (up from NT$2.04 in 2Q 2023). Revenue: NT$338.3m (down 3.6% from 2Q 2023). Net income: NT$72.7m (up 3.7% from 2Q 2023). Profit margin: 22% (up from 20% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.
Upcoming Dividend • Jun 17Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 15 July 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.1%).
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.92 (vs NT$1.27 in 1Q 2023)First quarter 2024 results: EPS: NT$1.92 (up from NT$1.27 in 1Q 2023). Revenue: NT$301.0m (down 9.9% from 1Q 2023). Net income: NT$65.9m (up 51% from 1Q 2023). Profit margin: 22% (up from 13% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$5.48 (vs NT$8.91 in FY 2022)Full year 2023 results: EPS: NT$5.48 (down from NT$8.91 in FY 2022). Revenue: NT$1.34b (down 21% from FY 2022). Net income: NT$188.4m (down 38% from FY 2022). Profit margin: 14% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
공지 • Mar 14Cystech Electronics Corp., Annual General Meeting, May 30, 2024Cystech Electronics Corp., Annual General Meeting, May 30, 2024.
Buy Or Sell Opportunity • Mar 05Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$87.00. The fair value is estimated to be NT$71.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 20%.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$2.04 (vs NT$2.89 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.04 (down from NT$2.89 in 2Q 2022). Revenue: NT$351.0m (down 24% from 2Q 2022). Net income: NT$70.1m (down 30% from 2Q 2022). Profit margin: 20% (down from 22% 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 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 18Upcoming dividend of NT$6.00 per share at 7.5% yieldEligible shareholders must have bought the stock before 25 July 2023. Payment date: 15 August 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$8.91 (vs NT$7.40 in FY 2021)Full year 2022 results: EPS: NT$8.91 (up from NT$7.40 in FY 2021). Revenue: NT$1.70b (up 4.3% from FY 2021). Net income: NT$305.5m (up 21% from FY 2021). Profit margin: 18% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 39% per year.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$2.08 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (down from NT$2.08 in 3Q 2021). Revenue: NT$406.9m (down 6.7% from 3Q 2021). Net income: NT$65.0m (down 9.7% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$2.08 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (down from NT$2.08 in 3Q 2021). Revenue: NT$406.9m (down 6.7% from 3Q 2021). Net income: NT$65.0m (down 9.7% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 67% over the past three years.
Upcoming Dividend • Aug 16Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$2.51 (vs NT$1.81 in 1Q 2021)First quarter 2022 results: EPS: NT$2.51 (up from NT$1.81 in 1Q 2021). Revenue: NT$418.8m (up 15% from 1Q 2021). Net income: NT$82.9m (up 46% from 1Q 2021). Profit margin: 20% (up from 16% 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 48% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공지 • Mar 29Cystech Electronics Corp., Annual General Meeting, Jun 17, 2022Cystech Electronics Corp., Annual General Meeting, Jun 17, 2022.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$7.77 (vs NT$4.17 in FY 2020)Full year 2021 results: EPS: NT$7.77 (up from NT$4.17 in FY 2020). Revenue: NT$1.63b (up 36% from FY 2020). Net income: NT$253.0m (up 112% from FY 2020). Profit margin: 16% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.18 (vs NT$1.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$436.2m (up 36% from 3Q 2020). Net income: NT$71.9m (up 124% from 3Q 2020). Profit margin: 17% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 32% per year.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.92 (vs NT$0.56 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$381.1m (up 42% from 2Q 2020). Net income: NT$63.1m (up 296% from 2Q 2020). Profit margin: 17% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 03Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 31 August 2021. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$148, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 173% over the past three years.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$118, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 122% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$1.81 (vs NT$0.78 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$365.4m (up 38% from 1Q 2020). Net income: NT$56.8m (up 155% from 1Q 2020). Profit margin: 16% (up from 8.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$85.60, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 91% over the past three years.
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$4.17 (vs NT$3.26 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.19b (up 18% from FY 2019). Net income: NT$119.3m (up 28% from FY 2019). Profit margin: 10.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 24Cystech Electronics (GTSM:6651) Could Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$158, the stock is trading at a trailing P/E ratio of 43.5x, up from the previous P/E ratio of 36x. This compares to an average P/E of 27x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 378%.
분석 기사 • Mar 04Are Strong Financial Prospects The Force That Is Driving The Momentum In Cystech Electronics Corp.'s GTSM:6651) Stock?Cystech Electronics' (GTSM:6651) stock is up by a considerable 96% over the past three months. Given that the market...
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$105, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 24x. This compares to an average P/E of 28x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 236%.
Is New 90 Day High Low • Feb 18New 90-day high: NT$95.70The company is up 38% from its price of NT$69.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 35% over the same period.
분석 기사 • Feb 10Is There More To The Story Than Cystech Electronics' (GTSM:6651) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$87.50, the stock is trading at a trailing P/E ratio of 24.1x, up from the previous P/E ratio of 20.1x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 205%.
Is New 90 Day High Low • Feb 03New 90-day high: NT$76.50The company is up 8.0% from its price of NT$70.60 on 05 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 37% over the same period.
분석 기사 • Jan 20The Case For Cystech Electronics Corp. (GTSM:6651): Could It Be A Nice Addition To Your Dividend Portfolio?Today we'll take a closer look at Cystech Electronics Corp. ( GTSM:6651 ) from a dividend investor's perspective...
Is New 90 Day High Low • Jan 14New 90-day high: NT$73.20The company is up 4.0% from its price of NT$70.20 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 34% over the same period.
분석 기사 • Dec 31Cystech Electronics (GTSM:6651) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Dec 28New 90-day high: NT$73.00The company is up 5.0% from its price of NT$69.50 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 22% over the same period.
분석 기사 • Dec 14The Trend Of High Returns At Cystech Electronics (GTSM:6651) Has Us Very InterestedIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
분석 기사 • Nov 24Shareholders Are Thrilled That The Cystech Electronics (GTSM:6651) Share Price Increased 138%The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.12The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$319.7m (up 20% from 3Q 2019). Net income: NT$32.1m (up 26% from 3Q 2019). Profit margin: 10.0% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Sep 18New 90-day high: NT$72.10The company is up 24% from its price of NT$58.00 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 31% over the same period.