Reported Earnings • May 15
First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.49 in 1Q 2025) First quarter 2026 results: EPS: NT$0.70 (up from NT$0.49 in 1Q 2025). Revenue: NT$174.5m (up 9.5% from 1Q 2025). Net income: NT$23.7m (up 45% from 1Q 2025). Profit margin: 14% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$68.80, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$51.40, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.9% over the past year. Declared Dividend • Mar 23
Dividend reduced to NT$1.80 Dividend of NT$1.80 is 20% lower than last year. Ex-date: 9th June 2026 Payment date: 3rd July 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 (127% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 42% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$2.07 (vs NT$2.91 in FY 2024) Full year 2025 results: EPS: NT$2.07 (down from NT$2.91 in FY 2024). Revenue: NT$671.1m (down 12% from FY 2024). Net income: NT$69.5m (down 22% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Board Change • Mar 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Jan 21
Finesse Technology Co., Ltd, Annual General Meeting, May 18, 2026 Finesse Technology Co., Ltd, Annual General Meeting, May 18, 2026, at 10:00 Taipei Standard Time. Location: 3 floor no,31 ln.191, chung huo st., jhubei city, hsinchu county Taiwan New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Cash payout ratio: 366% Revenue has declined by 7.4% over the past year. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin). Market cap is less than US$100m (NT$1.45b market cap, or US$46.3m). Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.64 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.56 (down from NT$0.64 in 3Q 2024). Revenue: NT$159.1m (down 14% from 3Q 2024). Net income: NT$18.9m (down 2.7% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$1.12 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.30 (down from NT$1.12 in 2Q 2024). Revenue: NT$183.4m (down 11% from 2Q 2024). Net income: NT$9.97m (down 71% from 2Q 2024). Profit margin: 5.4% (down from 17% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Upcoming Dividend • Jun 02
Upcoming dividend of NT$2.26 per share Eligible shareholders must have bought the stock before 09 June 2025. Payment date: 04 July 2025. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.5%). New Risk • May 15
New major risk - Revenue and earnings growth Revenue has declined by 2.8% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 2.8% over the past year. Minor Risks Dividend is not well covered by cash flows (407% cash payout ratio). Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$2.01b market cap, or US$66.7m). New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% 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 Dividend is not well covered by cash flows (107% cash payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (NT$2.11b market cap, or US$65.0m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to NT$50.50, the stock trades at a trailing P/E ratio of 19x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 56% over the past year. Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: NT$2.91 (vs NT$3.55 in FY 2023) Full year 2024 results: EPS: NT$2.91 (down from NT$3.55 in FY 2023). Revenue: NT$760.3m (up 4.5% from FY 2023). Net income: NT$89.5m (down 13% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. 공시 • Feb 27
Finesse Technology Co., Ltd, Annual General Meeting, May 21, 2025 Finesse Technology Co., Ltd, Annual General Meeting, May 21, 2025. Location: 3 floor no,31 ln.191, chung huo st., jhubei city, hsinchu county Taiwan New Risk • Dec 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 92% Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$2.43b market cap, or US$74.9m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$79.60, the stock trades at a trailing P/E ratio of 26.5x. Average forward P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1.9% over the past year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$108, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$97.5m) 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 Less than 3 years of financial data is available. Dividend is not well covered by cash flows (102% cash payout ratio). Market cap is less than US$100m (NT$3.18b market cap, or US$97.5m). New Risk • Apr 15
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 98% Dividend yield: 2.2% 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: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Revenue has declined by 3.3% over the past year. Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by cash flows (98% cash payout ratio). New Risk • Mar 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.3% average weekly change). 공시 • Feb 03
Finesse Technology Co., Ltd, Annual General Meeting, Apr 24, 2024 Finesse Technology Co., Ltd, Annual General Meeting, Apr 24, 2024. 
