View Future GrowthMachvision 과거 순이익 실적과거 기준 점검 4/6Machvision은 연평균 4.1%의 비율로 수입이 증가해 온 반면, Semiconductor 산업은 수입이 4.7% 감소했습니다. 매출은 연평균 3.2%의 비율로 증가했습니다. Machvision의 자기자본이익률은 19.9%이고 순이익률은 32.6%입니다.핵심 정보4.08%순이익 성장률-4.66%주당순이익(EPS) 성장률Semiconductor 산업 성장률19.89%매출 성장률3.24%자기자본이익률19.89%순이익률32.62%최근 순이익 업데이트30 Jun 2026최근 과거 실적 업데이트Reported Earnings • Jul 30Second quarter 2026 earnings released: EPS: NT$5.19 (vs NT$3.81 in 2Q 2025)Second quarter 2026 results: EPS: NT$5.19 (up from NT$3.81 in 2Q 2025). Revenue: NT$1.05b (up 8.1% from 2Q 2025). Net income: NT$332.1m (up 36% from 2Q 2025). Profit margin: 32% (up from 25% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$4.75 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (down from NT$4.75 in 1Q 2025). Revenue: NT$863.4m (up 9.0% from 1Q 2025). Net income: NT$294.8m (down 2.9% from 1Q 2025). Profit margin: 34% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 11Full year 2025 earnings released: EPS: NT$15.80 (vs NT$5.02 in FY 2024)Full year 2025 results: EPS: NT$15.80 (up from NT$5.02 in FY 2024). Revenue: NT$3.19b (up 108% from FY 2024). Net income: NT$1.01b (up 215% from FY 2024). Profit margin: 32% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: NT$3.86 (vs NT$0.59 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.86 (up from NT$0.59 in 3Q 2024). Revenue: NT$767.2m (up 121% from 3Q 2024). Net income: NT$224.6m (up NT$190.0m from 3Q 2024). Profit margin: 29% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$4.19 (vs NT$1.52 in 2Q 2024)Second quarter 2025 results: EPS: NT$4.19 (up from NT$1.52 in 2Q 2024). Revenue: NT$968.7m (up 211% from 2Q 2024). Net income: NT$243.9m (up 177% from 2Q 2024). Profit margin: 25% (down from 28% 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 30% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.Reported Earnings • Apr 30Full year 2024 earnings released: EPS: NT$5.52 (vs NT$8.21 in FY 2023)Full year 2024 results: EPS: NT$5.52 (down from NT$8.21 in FY 2023). Revenue: NT$1.53b (down 13% from FY 2023). Net income: NT$320.8m (down 25% from FY 2023). Profit margin: 21% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesNew Risk • Jul 31New 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 9.3% 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 High level of non-cash earnings (38% accrual ratio). Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Reported Earnings • Jul 30Second quarter 2026 earnings released: EPS: NT$5.19 (vs NT$3.81 in 2Q 2025)Second quarter 2026 results: EPS: NT$5.19 (up from NT$3.81 in 2Q 2025). Revenue: NT$1.05b (up 8.1% from 2Q 2025). Net income: NT$332.1m (up 36% from 2Q 2025). Profit margin: 32% (up from 25% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$787, the stock trades at a trailing P/E ratio of 50.2x. Average forward P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 285% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,057 per share.Upcoming Dividend • Jun 22Upcoming dividend of NT$12.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 24 July 2026. Payout ratio and cash payout ratio are on the higher end at 82% and 93% respectively. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$692, the stock trades at a trailing P/E ratio of 44.2x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 250% over the past three years.Buy Or Sell Opportunity • Jun 08Now 24% undervaluedOver the last 90 days, the stock has risen 27% to NT$734. The fair value is estimated to be NT$969, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%.Declared Dividend • May 27Dividend of NT$12.00 announcedShareholders will receive a dividend of NT$12.00. Ex-date: 29th June 2026 Payment date: 24th July 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$4.75 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (down from NT$4.75 in 1Q 2025). Revenue: NT$863.4m (up 9.0% from 1Q 2025). Net income: NT$294.8m (down 2.9% from 1Q 2025). Profit margin: 34% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$916, the stock trades at a trailing P/E ratio of 58x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 480% over the past three years.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$700, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 346% over the past three years.New Risk • Mar 06New 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: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$570, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 278% over the past three years.New Risk • Feb 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.5% 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 Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (95% cash payout ratio).공고 • Feb 11Machvision Inc., Annual General Meeting, May 25, 2026Machvision Inc., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city TaiwanReported Earnings • Feb 11Full year 2025 earnings released: EPS: NT$15.80 (vs NT$5.02 in FY 2024)Full year 2025 results: EPS: NT$15.80 (up from NT$5.02 in FY 2024). Revenue: NT$3.19b (up 108% from FY 2024). Net income: NT$1.01b (up 215% from FY 2024). Profit margin: 32% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$516, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 325% over the past three years.Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: NT$3.86 (vs NT$0.59 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.86 (up from NT$0.59 in 3Q 2024). Revenue: NT$767.2m (up 121% from 3Q 2024). Net income: NT$224.6m (up NT$190.0m from 3Q 2024). Profit margin: 29% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 28Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (1.5%).Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$566, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 301% over the past three years.Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$4.19 (vs NT$1.52 in 2Q 2024)Second quarter 2025 results: EPS: NT$4.19 (up from NT$1.52 in 2Q 2024). Revenue: NT$968.7m (up 211% from 2Q 2024). Net income: NT$243.9m (up 177% from 2Q 2024). Profit margin: 25% (down from 28% 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 30% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.Declared Dividend • May 31Dividend of NT$5.00 announcedShareholders will receive a dividend of NT$5.00. Ex-date: 16th June 2025 Payment date: 15th July 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 59%. Cash payout ratio: 73%.공고 • May 30Machvision Inc. Announces Distribution of Cash Dividends, Payable on July 15, 2025Machvision Inc. announced distribution of Cash Dividends of total amount TWD 290,731,170, TWD 5 (Per Share). Ex-rights (ex-dividend) trading date: June 16, 2025. Ex-rights (ex-dividend) record date: June 22, 2025. Payment date of common stock cash dividend distribution: July 15, 2025.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$480, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 205% over the past three years.Reported Earnings • Apr 30Full year 2024 earnings released: EPS: NT$5.52 (vs NT$8.21 in FY 2023)Full year 2024 results: EPS: NT$5.52 (down from NT$8.21 in FY 2023). Revenue: NT$1.53b (down 13% from FY 2023). Net income: NT$320.8m (down 25% from FY 2023). Profit margin: 21% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.공고 • Apr 22Machvision Inc. to Report Q1, 2025 Results on Apr 29, 2025Machvision Inc. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Apr 07New 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 8.3% 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 Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin).분석 기사 • Mar 05Machvision Inc.'s (TWSE:3563) 41% Share Price Surge Not Quite Adding UpMachvision Inc. ( TWSE:3563 ) shareholders would be excited to see that the share price has had a great month, posting...공고 • Feb 13Machvision Inc., Annual General Meeting, May 29, 2025Machvision Inc., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan공고 • Feb 04Machvision Inc. to Report Fiscal Year 2024 Results on Feb 11, 2025Machvision Inc. announced that they will report fiscal year 2024 results on Feb 11, 2025New Risk • Jan 29New 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 6.2% 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: 315% Cash payout ratio: 116% Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).분석 기사 • Jan 08There's Reason For Concern Over Machvision Inc.'s (TWSE:3563) PriceWhen you see that almost half of the companies in the Semiconductor industry in Taiwan have price-to-sales ratios (or...New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.분석 기사 • Nov 07There May Be Reason For Hope In Machvision's (TWSE:3563) Disappointing EarningsShareholders appeared unconcerned with Machvision Inc.'s ( TWSE:3563 ) lackluster earnings report last week. Our...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: NT$0.59 (vs NT$2.14 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.59 (down from NT$2.14 in 3Q 2023). Revenue: NT$346.7m (down 17% from 3Q 2023). Net income: NT$34.5m (down 72% from 3Q 2023). Profit margin: 10.0% (down from 30% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.공고 • Oct 22Machvision Inc. to Report Q3, 2024 Results on Oct 29, 2024Machvision Inc. announced that they will report Q3, 2024 results on Oct 29, 2024Upcoming Dividend • Aug 13Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 16 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.5%). In line with average of industry peers (2.2%).Reported Earnings • Aug 05Second quarter 2024 earnings released: EPS: NT$1.52 (vs NT$3.62 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.52 (down from NT$3.62 in 2Q 2023). Revenue: NT$311.6m (down 46% from 2Q 2023). Net income: NT$88.1m (down 47% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공고 • Jul 23Machvision Inc. to Report Q2, 2024 Results on Jul 30, 2024Machvision Inc. announced that they will report Q2, 2024 results on Jul 30, 2024분석 기사 • Jul 18Machvision Inc.'s (TWSE:3563) Business Is Trailing The Market But Its Shares Aren'tWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 23x, you may consider...분석 기사 • Jun 16Machvision (TWSE:3563) Has Announced A Dividend Of NT$6.00The board of Machvision Inc. ( TWSE:3563 ) has announced that it will pay a dividend of NT$6.00 per share on the 12th...분석 기사 • Jun 02Machvision (TWSE:3563) Will Pay A Dividend Of NT$6.00Machvision Inc.'s ( TWSE:3563 ) investors are due to receive a payment of NT$6.00 per share on 12th of July. This means...Declared Dividend • Jun 01Dividend reduced to NT$6.00Dividend of NT$6.00 is 25% lower than last year. Ex-date: 17th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend.분석 기사 • May 09Earnings Troubles May Signal Larger Issues for Machvision (TWSE:3563) ShareholdersLast week's earnings announcement from Machvision Inc. ( TWSE:3563 ) was disappointing to investors, with a sluggish...Reported Earnings • May 03First quarter 2024 earnings released: EPS: NT$0.50 (vs NT$3.50 in 1Q 2023)First quarter 2024 results: EPS: NT$0.50 (down from NT$3.50 in 1Q 2023). Revenue: NT$267.6m (down 50% from 1Q 2023). Net income: NT$28.9m (down 82% from 1Q 2023). Profit margin: 11% (down from 30% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공고 • Apr 24Machvision Inc. to Report Q1, 2024 Results on Apr 30, 2024Machvision Inc. announced that they will report Q1, 2024 results on Apr 30, 2024New Risk • Apr 22New 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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding).분석 기사 • Mar 29There's Reason For Concern Over Machvision Inc.'s (TWSE:3563) Massive 30% Price JumpMachvision Inc. ( TWSE:3563 ) shares have continued their recent momentum with a 30% gain in the last month alone. The...Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$375, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 52% over the past three years.공고 • Mar 08+ 1 more updateMachvision Inc., Annual General Meeting, May 30, 2024Machvision Inc., Annual General Meeting, May 30, 2024. Location: NINI Life Square(No.2-1, Xin' an Rd Hsinchu Science Park, Hsinchu City, 300, Taiwan) Hsinchu City Taiwan Agenda: TO consider 2023 business report; TO consider Audit Committee's report of 2023 audited financial report; TO consider2023 distributable compensation for employees and directors; TO consider 2023 earning distribution and capital surplus cash dividend; TO consider The Implementation of the Company 2023 private placement and issuance of new shares; TO consider Cause for convening the meeting.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: NT$8.21 (vs NT$13.36 in FY 2022)Full year 2023 results: EPS: NT$8.21 (down from NT$13.36 in FY 2022). Revenue: NT$1.76b (down 16% from FY 2022). Net income: NT$425.9m (down 29% from FY 2022). Profit margin: 24% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Jan 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$268, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 19% over the past three years.Upcoming Dividend • Nov 13Upcoming dividend of NT$1.00 per share at 5.4% yieldEligible shareholders must have bought the stock before 20 November 2023. Payment date: 14 December 2023. Payout ratio is a comfortable 69% and the cash payout ratio is 98%. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$2.14 (vs NT$3.09 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.14 (down from NT$3.09 in 3Q 2022). Revenue: NT$415.3m (down 6.5% from 3Q 2022). Net income: NT$124.6m (down 9.9% from 3Q 2022). Profit margin: 30% (down from 31% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공고 • Nov 02Machvision Inc. Announces Cash Dividend, Payable on December 14, 2023Machvision Inc. announced that cash dividend, Total Amount TWD 58,146,234. TWD 1(Per Share). Ex-rights (ex-dividend) trading date is November 20, 2023. Ex-rights (ex-dividend) record date is November 26, 2023. Payment date of cash dividend distribution is December 14, 2023.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: NT$3.61 (vs NT$3.73 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.61 (down from NT$3.73 in 2Q 2022). Revenue: NT$578.6m (up 5.3% from 2Q 2022). Net income: NT$167.0m (flat on 2Q 2022). Profit margin: 29% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.New Risk • Jul 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (30% increase in shares outstanding).공고 • Jun 09Machvision Inc. announced that it has received TWD 2.2 billion in funding from ASE Technology Holding Co., Ltd.Machvision Inc. announced a private placement for the gross proceeds of TWD 2,200 million on June 7, 2023. The transaction included participation from new investor ASE Technology Holding Co., Ltd.공고 • Jun 08Machvision Inc. Appoints Fu, Hsin-Pin as Member of Remuneration CommitteeMachvision Inc. appointed Fu, Hsin-Pin as member of Remuneration Committee. Effective date of the new member is June 7, 2023.Upcoming Dividend • May 31Upcoming dividend of NT$8.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 05 July 2023. Payout ratio and cash payout ratio are on the higher end at 78% and 76% respectively. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.2%).공고 • May 23Machvision Inc. Approves Cash Dividend, Payable on July 5, 2023Machvision Inc. announced cash dividend of TWD 6 per share of TWD 268,369,404 and Capital Surplus Cash Dividend of TWD 2 per share or TWD 89,456,468. Ex-rights (ex-dividend) trading date is June 7, 2023, Ex-rights (ex-dividend) record date is June 13, 2023, Ex-rights (ex-dividend) record date June 13, 2023. Payment date of cash dividend distribution is July 5, 2023.Reported Earnings • May 04First quarter 2023 earnings released: EPS: NT$3.50 (vs NT$4.07 in 1Q 2022)First quarter 2023 results: EPS: NT$3.50 (down from NT$4.07 in 1Q 2022). Revenue: NT$531.1m (down 13% from 1Q 2022). Net income: NT$156.7m (down 14% from 1Q 2022). Profit margin: 30% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 18Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$2.10b (down 24% from FY 2021). Net income: NT$597.3m (down 28% from FY 2021). Profit margin: 28% (down from 30% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Nov 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 16 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (7.0%). Higher than average of industry peers (3.7%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ming-Han Du was the last independent director to join the board, commencing their role in 2018. 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 06Third quarter 2022 earnings released: EPS: NT$3.09 (vs NT$5.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.09 (down from NT$5.71 in 3Q 2021). Revenue: NT$444.2m (down 38% from 3Q 2021). Net income: NT$138.4m (down 46% from 3Q 2021). Profit margin: 31% (down from 36% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.공고 • Nov 05Machvision Inc. Approves Semi Annual Dividend for the Period from January 1, 2022 to June 30, 2022The Board of Directors of Machvision Inc. approved semi annual dividend for the period from January 1, 2022 to June 30, 2022. Date of the board of directors resolution: November 3, 2022. Total amount of cash distributed to shareholders is TWD 2.00 per share.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$3.73 (vs NT$4.22 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.73 (down from NT$4.22 in 2Q 2021). Revenue: NT$549.5m (down 23% from 2Q 2021). Net income: NT$167.0m (down 12% from 2Q 2021). Profit margin: 30% (up from 26% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$150, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 55% over the past three years.Upcoming Dividend • Jun 07Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).공고 • May 27+ 1 more updateMachvision Inc. Announces CCO ChangesMachvision Inc. announced the new of Chief of Operation of the Company. Type of personnel changed: CCO; Date of occurrence of the change is May 26, 2022; Name, title, and resume of the new position holder: CHEN CHIA NAN/Taiwan Union Technology Corporation/President; Type of the change; new replacement; Reason for the change: Cooperate with the company's business plan. Effective date: 2022/06/01.Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$4.07 (vs NT$4.81 in 1Q 2021)First quarter 2022 results: EPS: NT$4.07 (down from NT$4.81 in 1Q 2021). Revenue: NT$611.4m (down 11% from 1Q 2021). Net income: NT$181.9m (down 15% from 1Q 2021). Profit margin: 30% (down from 31% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 22% per year.Price Target Changed • Apr 27Price target decreased to NT$255Down from NT$388, the current price target is provided by 1 analyst. New target price is 40% above last closing price of NT$182. Stock is down 35% over the past year. The company posted earnings per share of NT$18.51 last year.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. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ming-Han Du was the last independent director to join the board, commencing their role in 2018. 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 • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$18.51 (up from NT$15.02 in FY 2020). Revenue: NT$2.75b (up 15% from FY 2020). Net income: NT$827.7m (up 25% from FY 2020). Profit margin: 30% (up from 28% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.공고 • Feb 10+ 1 more updateMachvision Inc. Announces Semi-Annual Cash Dividend for the Period July 1, 2021, to December 31, 2021Machvision Inc. announced a semi-annual cash dividend of TWD 9.00 per share for the period July 1, 2021, to December 31, 2021. Total amount of cash distributed to shareholders of TWD 447,282,340.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$279, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 11% over the past three years.Upcoming Dividend • Dec 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (2.0%).Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$5.71 (vs NT$2.01 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$712.3m (up 49% from 3Q 2020). Net income: NT$255.5m (up 184% from 3Q 2020). Profit margin: 36% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS NT$4.22 (vs NT$4.71 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$715.4m (up 5.6% from 2Q 2020). Net income: NT$188.9m (down 8.3% from 2Q 2020). Profit margin: 26% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Director Overboarding • Aug 04Director Yung-Shun Chuang has joined 7th company boardDirector Yung-Shun Chuang has been appointed to the board of Taiflex Scientific Co., Ltd. (TWSE:8039). Chuang now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Onyx Healthcare Inc. (TPEX:6569), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 13Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 13 August 2021. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$211, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$364 per share.Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$4.81 (vs NT$5.30 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$688.6m (flat on 1Q 2020). Net income: NT$215.0m (down 4.8% from 1Q 2020). Profit margin: 31% (down from 33% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.분석 기사 • Apr 26At NT$276, Is Machvision Inc. (TPE:3563) Worth Looking At Closely?While Machvision Inc. ( TPE:3563 ) might not be the most widely known stock at the moment, it saw significant share...분석 기사 • Apr 12Three Things You Should Check Before Buying Machvision Inc. (TPE:3563) For Its DividendIs Machvision Inc. ( TPE:3563 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...분석 기사 • Mar 29Estimating The Fair Value Of Machvision Inc. (TPE:3563)How far off is Machvision Inc. ( TPE:3563 ) from its intrinsic value? Using the most recent financial data, we'll take...분석 기사 • Mar 15Machvision Inc.'s (TPE:3563) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?It is hard to get excited after looking at Machvision's (TPE:3563) recent performance, when its stock has declined 6.3...분석 기사 • Mar 01Machvision (TPE:3563) Has Rewarded Shareholders With An Exceptional 672% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...Price Target Changed • Feb 27Price target lowered to NT$349Down from NT$405, the current price target is provided by 1 analyst. The new target price is 21% above the current share price of NT$290. As of last close, the stock is down 20% over the past year.분석 기사 • Feb 15Under The Bonnet, Machvision's (TPE:3563) Returns Look ImpressiveDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...공고 • Feb 04Machvision Inc., Annual General Meeting, May 28, 2021Machvision Inc., Annual General Meeting, May 28, 2021. Location: NINI Life Square(No.2-1, Xin' an Rd., Hsinchu Science Park, Hsinchu City Taiwan Agenda: To consider 2020 business report; to consider audit committee's report of 2020 audited financial report; to consider 2020 distributable compensation for employees and directors; to consider 2020 earning distribution and capital surplus cash dividend; to consider to revise the procedures for lending funds to other parties; to consider election of directors and independent directors; and to consider other matters.Reported Earnings • Feb 04Full year 2020 earnings released: EPS NT$15.02 (vs NT$20.01 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.40b (down 5.7% from FY 2019). Net income: NT$660.0m (down 23% from FY 2019). Profit margin: 28% (down from 34% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.분석 기사 • Jan 29Is Machvision (TPE:3563) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 18New 90-day low: NT$277The company is down 6.0% from its price of NT$293 on 20 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.매출 및 비용 세부 내역Machvision가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:3563 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비30 Jun 263,3411,09046036531 Mar 263,2631,00240738031 Dec 253,1911,01140538930 Sep 253,13494142938230 Jun 252,71375139234531 Mar 252,05659635930131 Dec 241,53232137425430 Sep 241,16212930422130 Jun 241,23021930422531 Mar 241,49729837423231 Dec 231,76142634923830 Sep 232,02255835624230 Jun 232,05157237124431 Mar 232,02257231923331 Dec 222,10259733924230 Sep 222,23965636624830 Jun 222,50777333326431 Mar 222,67379535627431 Dec 212,75082834428230 Sep 212,67379834328230 Jun 212,43863236727131 Mar 212,40064937927331 Dec 202,39866040724430 Sep 202,29160739123930 Jun 202,45671340922531 Mar 202,55981737921731 Dec 192,54385335121730 Sep 192,9381,11033819530 Jun 193,2601,34333521131 Mar 193,2171,35740719131 Dec 183,1121,29641316930 Sep 182,7901,15141817830 Jun 182,19583636114631 Mar 181,75660426114431 Dec 171,42146320014430 Sep 171,15133318813130 Jun 171,00728317312031 Mar 1789423115510931 Dec 1681019914810530 Sep 166811531179230 Jun 166231531158931 Mar 166161531168631 Dec 156101591127930 Sep 1561416811377양질의 수익: 3563의 비현금 수익 수준이 높습니다.이익 마진 증가: 3563의 현재 순 이익률 (32.6%)은 지난해 (27.7%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3563의 수익은 지난 5년 동안 연평균 4.1% 증가했습니다.성장 가속화: 지난 1년간 3563 의 수익 증가율(45.1%)은 연간 평균(4.1%)을 초과합니다.수익 대 산업: 3563의 지난 1년 수익 증가율(45.1%)은 Semiconductor 업계의 5.1%를 상회했습니다.자기자본이익률높은 ROE: 3563의 자본 수익률(19.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/03 19:01종가2026/08/03 00:00수익2026/06/30연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Machvision Inc.는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Licheng ZhuangCapital Securities CorporationAlice SuMasterlink Securities Investment Advisory
Reported Earnings • Jul 30Second quarter 2026 earnings released: EPS: NT$5.19 (vs NT$3.81 in 2Q 2025)Second quarter 2026 results: EPS: NT$5.19 (up from NT$3.81 in 2Q 2025). Revenue: NT$1.05b (up 8.1% from 2Q 2025). Net income: NT$332.1m (up 36% from 2Q 2025). Profit margin: 32% (up from 25% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$4.75 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (down from NT$4.75 in 1Q 2025). Revenue: NT$863.4m (up 9.0% from 1Q 2025). Net income: NT$294.8m (down 2.9% from 1Q 2025). Profit margin: 34% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 11Full year 2025 earnings released: EPS: NT$15.80 (vs NT$5.02 in FY 2024)Full year 2025 results: EPS: NT$15.80 (up from NT$5.02 in FY 2024). Revenue: NT$3.19b (up 108% from FY 2024). Net income: NT$1.01b (up 215% from FY 2024). Profit margin: 32% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: NT$3.86 (vs NT$0.59 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.86 (up from NT$0.59 in 3Q 2024). Revenue: NT$767.2m (up 121% from 3Q 2024). Net income: NT$224.6m (up NT$190.0m from 3Q 2024). Profit margin: 29% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$4.19 (vs NT$1.52 in 2Q 2024)Second quarter 2025 results: EPS: NT$4.19 (up from NT$1.52 in 2Q 2024). Revenue: NT$968.7m (up 211% from 2Q 2024). Net income: NT$243.9m (up 177% from 2Q 2024). Profit margin: 25% (down from 28% 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 30% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 30Full year 2024 earnings released: EPS: NT$5.52 (vs NT$8.21 in FY 2023)Full year 2024 results: EPS: NT$5.52 (down from NT$8.21 in FY 2023). Revenue: NT$1.53b (down 13% from FY 2023). Net income: NT$320.8m (down 25% from FY 2023). Profit margin: 21% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
New Risk • Jul 31New 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 9.3% 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 High level of non-cash earnings (38% accrual ratio). Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Reported Earnings • Jul 30Second quarter 2026 earnings released: EPS: NT$5.19 (vs NT$3.81 in 2Q 2025)Second quarter 2026 results: EPS: NT$5.19 (up from NT$3.81 in 2Q 2025). Revenue: NT$1.05b (up 8.1% from 2Q 2025). Net income: NT$332.1m (up 36% from 2Q 2025). Profit margin: 32% (up from 25% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$787, the stock trades at a trailing P/E ratio of 50.2x. Average forward P/E is 35x in the Semiconductor industry in Taiwan. Total returns to shareholders of 285% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$1,057 per share.
Upcoming Dividend • Jun 22Upcoming dividend of NT$12.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 24 July 2026. Payout ratio and cash payout ratio are on the higher end at 82% and 93% respectively. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$692, the stock trades at a trailing P/E ratio of 44.2x. Average forward P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 250% over the past three years.
Buy Or Sell Opportunity • Jun 08Now 24% undervaluedOver the last 90 days, the stock has risen 27% to NT$734. The fair value is estimated to be NT$969, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%.
Declared Dividend • May 27Dividend of NT$12.00 announcedShareholders will receive a dividend of NT$12.00. Ex-date: 29th June 2026 Payment date: 24th July 2026 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$4.75 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (down from NT$4.75 in 1Q 2025). Revenue: NT$863.4m (up 9.0% from 1Q 2025). Net income: NT$294.8m (down 2.9% from 1Q 2025). Profit margin: 34% (down from 38% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$916, the stock trades at a trailing P/E ratio of 58x. Average forward P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 480% over the past three years.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$700, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total returns to shareholders of 346% over the past three years.
New Risk • Mar 06New 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: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$570, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 36x in the Semiconductor industry in Taiwan. Total returns to shareholders of 278% over the past three years.
New Risk • Feb 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 2.5% 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 Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (95% cash payout ratio).
공고 • Feb 11Machvision Inc., Annual General Meeting, May 25, 2026Machvision Inc., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
Reported Earnings • Feb 11Full year 2025 earnings released: EPS: NT$15.80 (vs NT$5.02 in FY 2024)Full year 2025 results: EPS: NT$15.80 (up from NT$5.02 in FY 2024). Revenue: NT$3.19b (up 108% from FY 2024). Net income: NT$1.01b (up 215% from FY 2024). Profit margin: 32% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$516, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 325% over the past three years.
Reported Earnings • Nov 03Third quarter 2025 earnings released: EPS: NT$3.86 (vs NT$0.59 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.86 (up from NT$0.59 in 3Q 2024). Revenue: NT$767.2m (up 121% from 3Q 2024). Net income: NT$224.6m (up NT$190.0m from 3Q 2024). Profit margin: 29% (up from 10.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 28Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (1.5%).
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$566, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 301% over the past three years.
Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: NT$4.19 (vs NT$1.52 in 2Q 2024)Second quarter 2025 results: EPS: NT$4.19 (up from NT$1.52 in 2Q 2024). Revenue: NT$968.7m (up 211% from 2Q 2024). Net income: NT$243.9m (up 177% from 2Q 2024). Profit margin: 25% (down from 28% 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 30% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings.
Declared Dividend • May 31Dividend of NT$5.00 announcedShareholders will receive a dividend of NT$5.00. Ex-date: 16th June 2025 Payment date: 15th July 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 59%. Cash payout ratio: 73%.
공고 • May 30Machvision Inc. Announces Distribution of Cash Dividends, Payable on July 15, 2025Machvision Inc. announced distribution of Cash Dividends of total amount TWD 290,731,170, TWD 5 (Per Share). Ex-rights (ex-dividend) trading date: June 16, 2025. Ex-rights (ex-dividend) record date: June 22, 2025. Payment date of common stock cash dividend distribution: July 15, 2025.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$480, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 205% over the past three years.
Reported Earnings • Apr 30Full year 2024 earnings released: EPS: NT$5.52 (vs NT$8.21 in FY 2023)Full year 2024 results: EPS: NT$5.52 (down from NT$8.21 in FY 2023). Revenue: NT$1.53b (down 13% from FY 2023). Net income: NT$320.8m (down 25% from FY 2023). Profit margin: 21% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
공고 • Apr 22Machvision Inc. to Report Q1, 2025 Results on Apr 29, 2025Machvision Inc. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Apr 07New 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 8.3% 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 Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin).
분석 기사 • Mar 05Machvision Inc.'s (TWSE:3563) 41% Share Price Surge Not Quite Adding UpMachvision Inc. ( TWSE:3563 ) shareholders would be excited to see that the share price has had a great month, posting...
공고 • Feb 13Machvision Inc., Annual General Meeting, May 29, 2025Machvision Inc., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan
공고 • Feb 04Machvision Inc. to Report Fiscal Year 2024 Results on Feb 11, 2025Machvision Inc. announced that they will report fiscal year 2024 results on Feb 11, 2025
New Risk • Jan 29New 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 6.2% 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: 315% Cash payout ratio: 116% Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).
분석 기사 • Jan 08There's Reason For Concern Over Machvision Inc.'s (TWSE:3563) PriceWhen you see that almost half of the companies in the Semiconductor industry in Taiwan have price-to-sales ratios (or...
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
분석 기사 • Nov 07There May Be Reason For Hope In Machvision's (TWSE:3563) Disappointing EarningsShareholders appeared unconcerned with Machvision Inc.'s ( TWSE:3563 ) lackluster earnings report last week. Our...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: NT$0.59 (vs NT$2.14 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.59 (down from NT$2.14 in 3Q 2023). Revenue: NT$346.7m (down 17% from 3Q 2023). Net income: NT$34.5m (down 72% from 3Q 2023). Profit margin: 10.0% (down from 30% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
공고 • Oct 22Machvision Inc. to Report Q3, 2024 Results on Oct 29, 2024Machvision Inc. announced that they will report Q3, 2024 results on Oct 29, 2024
Upcoming Dividend • Aug 13Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 16 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.5%). In line with average of industry peers (2.2%).
Reported Earnings • Aug 05Second quarter 2024 earnings released: EPS: NT$1.52 (vs NT$3.62 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.52 (down from NT$3.62 in 2Q 2023). Revenue: NT$311.6m (down 46% from 2Q 2023). Net income: NT$88.1m (down 47% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공고 • Jul 23Machvision Inc. to Report Q2, 2024 Results on Jul 30, 2024Machvision Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
분석 기사 • Jul 18Machvision Inc.'s (TWSE:3563) Business Is Trailing The Market But Its Shares Aren'tWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 23x, you may consider...
분석 기사 • Jun 16Machvision (TWSE:3563) Has Announced A Dividend Of NT$6.00The board of Machvision Inc. ( TWSE:3563 ) has announced that it will pay a dividend of NT$6.00 per share on the 12th...
분석 기사 • Jun 02Machvision (TWSE:3563) Will Pay A Dividend Of NT$6.00Machvision Inc.'s ( TWSE:3563 ) investors are due to receive a payment of NT$6.00 per share on 12th of July. This means...
Declared Dividend • Jun 01Dividend reduced to NT$6.00Dividend of NT$6.00 is 25% lower than last year. Ex-date: 17th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend.
분석 기사 • May 09Earnings Troubles May Signal Larger Issues for Machvision (TWSE:3563) ShareholdersLast week's earnings announcement from Machvision Inc. ( TWSE:3563 ) was disappointing to investors, with a sluggish...
Reported Earnings • May 03First quarter 2024 earnings released: EPS: NT$0.50 (vs NT$3.50 in 1Q 2023)First quarter 2024 results: EPS: NT$0.50 (down from NT$3.50 in 1Q 2023). Revenue: NT$267.6m (down 50% from 1Q 2023). Net income: NT$28.9m (down 82% from 1Q 2023). Profit margin: 11% (down from 30% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공고 • Apr 24Machvision Inc. to Report Q1, 2024 Results on Apr 30, 2024Machvision Inc. announced that they will report Q1, 2024 results on Apr 30, 2024
New Risk • Apr 22New 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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding).
분석 기사 • Mar 29There's Reason For Concern Over Machvision Inc.'s (TWSE:3563) Massive 30% Price JumpMachvision Inc. ( TWSE:3563 ) shares have continued their recent momentum with a 30% gain in the last month alone. The...
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$375, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 52% over the past three years.
공고 • Mar 08+ 1 more updateMachvision Inc., Annual General Meeting, May 30, 2024Machvision Inc., Annual General Meeting, May 30, 2024. Location: NINI Life Square(No.2-1, Xin' an Rd Hsinchu Science Park, Hsinchu City, 300, Taiwan) Hsinchu City Taiwan Agenda: TO consider 2023 business report; TO consider Audit Committee's report of 2023 audited financial report; TO consider2023 distributable compensation for employees and directors; TO consider 2023 earning distribution and capital surplus cash dividend; TO consider The Implementation of the Company 2023 private placement and issuance of new shares; TO consider Cause for convening the meeting.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: NT$8.21 (vs NT$13.36 in FY 2022)Full year 2023 results: EPS: NT$8.21 (down from NT$13.36 in FY 2022). Revenue: NT$1.76b (down 16% from FY 2022). Net income: NT$425.9m (down 29% from FY 2022). Profit margin: 24% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Jan 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$268, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Upcoming Dividend • Nov 13Upcoming dividend of NT$1.00 per share at 5.4% yieldEligible shareholders must have bought the stock before 20 November 2023. Payment date: 14 December 2023. Payout ratio is a comfortable 69% and the cash payout ratio is 98%. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$2.14 (vs NT$3.09 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.14 (down from NT$3.09 in 3Q 2022). Revenue: NT$415.3m (down 6.5% from 3Q 2022). Net income: NT$124.6m (down 9.9% from 3Q 2022). Profit margin: 30% (down from 31% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공고 • Nov 02Machvision Inc. Announces Cash Dividend, Payable on December 14, 2023Machvision Inc. announced that cash dividend, Total Amount TWD 58,146,234. TWD 1(Per Share). Ex-rights (ex-dividend) trading date is November 20, 2023. Ex-rights (ex-dividend) record date is November 26, 2023. Payment date of cash dividend distribution is December 14, 2023.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: NT$3.61 (vs NT$3.73 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.61 (down from NT$3.73 in 2Q 2022). Revenue: NT$578.6m (up 5.3% from 2Q 2022). Net income: NT$167.0m (flat on 2Q 2022). Profit margin: 29% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (30% increase in shares outstanding).
공고 • Jun 09Machvision Inc. announced that it has received TWD 2.2 billion in funding from ASE Technology Holding Co., Ltd.Machvision Inc. announced a private placement for the gross proceeds of TWD 2,200 million on June 7, 2023. The transaction included participation from new investor ASE Technology Holding Co., Ltd.
공고 • Jun 08Machvision Inc. Appoints Fu, Hsin-Pin as Member of Remuneration CommitteeMachvision Inc. appointed Fu, Hsin-Pin as member of Remuneration Committee. Effective date of the new member is June 7, 2023.
Upcoming Dividend • May 31Upcoming dividend of NT$8.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 05 July 2023. Payout ratio and cash payout ratio are on the higher end at 78% and 76% respectively. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.2%).
공고 • May 23Machvision Inc. Approves Cash Dividend, Payable on July 5, 2023Machvision Inc. announced cash dividend of TWD 6 per share of TWD 268,369,404 and Capital Surplus Cash Dividend of TWD 2 per share or TWD 89,456,468. Ex-rights (ex-dividend) trading date is June 7, 2023, Ex-rights (ex-dividend) record date is June 13, 2023, Ex-rights (ex-dividend) record date June 13, 2023. Payment date of cash dividend distribution is July 5, 2023.
Reported Earnings • May 04First quarter 2023 earnings released: EPS: NT$3.50 (vs NT$4.07 in 1Q 2022)First quarter 2023 results: EPS: NT$3.50 (down from NT$4.07 in 1Q 2022). Revenue: NT$531.1m (down 13% from 1Q 2022). Net income: NT$156.7m (down 14% from 1Q 2022). Profit margin: 30% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 18Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$2.10b (down 24% from FY 2021). Net income: NT$597.3m (down 28% from FY 2021). Profit margin: 28% (down from 30% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Nov 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 16 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (7.0%). Higher than average of industry peers (3.7%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ming-Han Du was the last independent director to join the board, commencing their role in 2018. 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 06Third quarter 2022 earnings released: EPS: NT$3.09 (vs NT$5.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.09 (down from NT$5.71 in 3Q 2021). Revenue: NT$444.2m (down 38% from 3Q 2021). Net income: NT$138.4m (down 46% from 3Q 2021). Profit margin: 31% (down from 36% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
공고 • Nov 05Machvision Inc. Approves Semi Annual Dividend for the Period from January 1, 2022 to June 30, 2022The Board of Directors of Machvision Inc. approved semi annual dividend for the period from January 1, 2022 to June 30, 2022. Date of the board of directors resolution: November 3, 2022. Total amount of cash distributed to shareholders is TWD 2.00 per share.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$3.73 (vs NT$4.22 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.73 (down from NT$4.22 in 2Q 2021). Revenue: NT$549.5m (down 23% from 2Q 2021). Net income: NT$167.0m (down 12% from 2Q 2021). Profit margin: 30% (up from 26% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$150, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 10x in the Semiconductor industry in Taiwan. Total loss to shareholders of 55% over the past three years.
Upcoming Dividend • Jun 07Upcoming dividend of NT$10.00 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).
공고 • May 27+ 1 more updateMachvision Inc. Announces CCO ChangesMachvision Inc. announced the new of Chief of Operation of the Company. Type of personnel changed: CCO; Date of occurrence of the change is May 26, 2022; Name, title, and resume of the new position holder: CHEN CHIA NAN/Taiwan Union Technology Corporation/President; Type of the change; new replacement; Reason for the change: Cooperate with the company's business plan. Effective date: 2022/06/01.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$4.07 (vs NT$4.81 in 1Q 2021)First quarter 2022 results: EPS: NT$4.07 (down from NT$4.81 in 1Q 2021). Revenue: NT$611.4m (down 11% from 1Q 2021). Net income: NT$181.9m (down 15% from 1Q 2021). Profit margin: 30% (down from 31% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 22% per year.
Price Target Changed • Apr 27Price target decreased to NT$255Down from NT$388, the current price target is provided by 1 analyst. New target price is 40% above last closing price of NT$182. Stock is down 35% over the past year. The company posted earnings per share of NT$18.51 last year.
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. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Ming-Han Du was the last independent director to join the board, commencing their role in 2018. 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 • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$18.51 (up from NT$15.02 in FY 2020). Revenue: NT$2.75b (up 15% from FY 2020). Net income: NT$827.7m (up 25% from FY 2020). Profit margin: 30% (up from 28% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
공고 • Feb 10+ 1 more updateMachvision Inc. Announces Semi-Annual Cash Dividend for the Period July 1, 2021, to December 31, 2021Machvision Inc. announced a semi-annual cash dividend of TWD 9.00 per share for the period July 1, 2021, to December 31, 2021. Total amount of cash distributed to shareholders of TWD 447,282,340.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$279, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 11% over the past three years.
Upcoming Dividend • Dec 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (2.0%).
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$5.71 (vs NT$2.01 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$712.3m (up 49% from 3Q 2020). Net income: NT$255.5m (up 184% from 3Q 2020). Profit margin: 36% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS NT$4.22 (vs NT$4.71 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$715.4m (up 5.6% from 2Q 2020). Net income: NT$188.9m (down 8.3% from 2Q 2020). Profit margin: 26% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Director Overboarding • Aug 04Director Yung-Shun Chuang has joined 7th company boardDirector Yung-Shun Chuang has been appointed to the board of Taiflex Scientific Co., Ltd. (TWSE:8039). Chuang now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Onyx Healthcare Inc. (TPEX:6569), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 13Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 13 August 2021. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$211, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$364 per share.
Reported Earnings • May 05First quarter 2021 earnings released: EPS NT$4.81 (vs NT$5.30 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: NT$688.6m (flat on 1Q 2020). Net income: NT$215.0m (down 4.8% from 1Q 2020). Profit margin: 31% (down from 33% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 13% per year.
분석 기사 • Apr 26At NT$276, Is Machvision Inc. (TPE:3563) Worth Looking At Closely?While Machvision Inc. ( TPE:3563 ) might not be the most widely known stock at the moment, it saw significant share...
분석 기사 • Apr 12Three Things You Should Check Before Buying Machvision Inc. (TPE:3563) For Its DividendIs Machvision Inc. ( TPE:3563 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
분석 기사 • Mar 29Estimating The Fair Value Of Machvision Inc. (TPE:3563)How far off is Machvision Inc. ( TPE:3563 ) from its intrinsic value? Using the most recent financial data, we'll take...
분석 기사 • Mar 15Machvision Inc.'s (TPE:3563) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?It is hard to get excited after looking at Machvision's (TPE:3563) recent performance, when its stock has declined 6.3...
분석 기사 • Mar 01Machvision (TPE:3563) Has Rewarded Shareholders With An Exceptional 672% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...
Price Target Changed • Feb 27Price target lowered to NT$349Down from NT$405, the current price target is provided by 1 analyst. The new target price is 21% above the current share price of NT$290. As of last close, the stock is down 20% over the past year.
분석 기사 • Feb 15Under The Bonnet, Machvision's (TPE:3563) Returns Look ImpressiveDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
공고 • Feb 04Machvision Inc., Annual General Meeting, May 28, 2021Machvision Inc., Annual General Meeting, May 28, 2021. Location: NINI Life Square(No.2-1, Xin' an Rd., Hsinchu Science Park, Hsinchu City Taiwan Agenda: To consider 2020 business report; to consider audit committee's report of 2020 audited financial report; to consider 2020 distributable compensation for employees and directors; to consider 2020 earning distribution and capital surplus cash dividend; to consider to revise the procedures for lending funds to other parties; to consider election of directors and independent directors; and to consider other matters.
Reported Earnings • Feb 04Full year 2020 earnings released: EPS NT$15.02 (vs NT$20.01 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.40b (down 5.7% from FY 2019). Net income: NT$660.0m (down 23% from FY 2019). Profit margin: 28% (down from 34% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
분석 기사 • Jan 29Is Machvision (TPE:3563) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 18New 90-day low: NT$277The company is down 6.0% from its price of NT$293 on 20 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.