Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.95 loss per share (vs NT$0.28 loss in 1Q 2021) First quarter 2022 results: NT$0.95 loss per share (down from NT$0.28 loss in 1Q 2021). Revenue: NT$109.2m (down 23% from 1Q 2021). Net loss: NT$66.8m (loss widened 241% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: NT$1.48 loss per share (up from NT$4.07 loss in FY 2020). Revenue: NT$508.5m (down 7.8% from FY 2020). Net loss: NT$103.7m (loss narrowed 64% from FY 2020). Revenue was in line with analyst estimates. 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 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Third quarter 2021 earnings released: NT$0.62 loss per share (vs NT$1.47 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: NT$131.4m (down 6.6% from 3Q 2020). Net loss: NT$43.4m (loss narrowed 58% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$1.00 loss per share (vs NT$1.27 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$141.2m (up 2.4% from 2Q 2020). Net loss: NT$70.0m (loss narrowed 21% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2021 earnings released: NT$0.28 loss per share (vs NT$0.99 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$141.5m (up 2.6% from 1Q 2020). Net loss: NT$19.6m (loss narrowed 72% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: NT$4.07 loss per share (vs NT$3.30 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$551.5m (down 26% from FY 2019). Net loss: NT$284.9m (loss widened 23% from FY 2019). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 26
New 90-day low: NT$3.35 The company is down 20% from its price of NT$4.20 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 41% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: NT$1.47 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$140.7m (down 30% from 3Q 2019). Net loss: NT$102.6m (loss widened 48% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Sep 22
New 90-day high: NT$4.56 The company is up 10.0% from its price of NT$4.16 on 24 June 2020. The Taiwanese market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 28% over the same period.