Reported Earnings • May 07
First quarter 2026 earnings released: EPS: NT$0.57 (vs NT$1.97 in 1Q 2025) First quarter 2026 results: EPS: NT$0.57 (down from NT$1.97 in 1Q 2025). Revenue: NT$3.92b (down 14% from 1Q 2025). Net income: NT$279.3m (down 70% from 1Q 2025). Profit margin: 7.1% (down from 20% in 1Q 2025). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$29.55, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 46% over the past year. 공시 • Feb 26
ITH Corporation, Annual General Meeting, Jun 18, 2026 ITH Corporation, Annual General Meeting, Jun 18, 2026. Location: 2 floor no,3, t`ai yuan 1st st., jhubei city, hsinchu county Taiwan New Risk • Feb 26
New major risk - Revenue and earnings growth Revenue has declined by 15% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 15% over the past year. Minor Risk Paying a dividend despite having no free cash flows. Buy Or Sell Opportunity • Nov 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to NT$42.90. The fair value is estimated to be NT$53.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 40% in a year. Earnings are forecast to grow by 55% in the next year. Reported Earnings • Nov 06
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: NT$0.62 (up from NT$0.59 in 3Q 2024). Revenue: NT$5.11b (down 13% from 3Q 2024). Net income: NT$293.7m (up 26% from 3Q 2024). Profit margin: 5.8% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 52%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. New Risk • Nov 06
New major risk - Revenue and earnings growth Revenue has declined by 12% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 22
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: NT$0.03 (down from NT$2.56 in 2Q 2024). Revenue: NT$4.67b (down 25% from 2Q 2024). Net income: NT$13.3m (down 99% from 2Q 2024). Profit margin: 0.3% (down from 16% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 97%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. New Risk • Aug 22
New major risk - Revenue and earnings growth Revenue has declined by 1.2% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • May 13
First quarter 2025 earnings: EPS in line with expectations, revenues disappoint First quarter 2025 results: EPS: NT$1.97 (up from NT$1.94 in 1Q 2024). Revenue: NT$4.58b (down 19% from 1Q 2024). Net income: NT$926.0m (up 21% from 1Q 2024). Profit margin: 20% (up from 14% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Semiconductor industry in Taiwan. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$53.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Semiconductor industry in Taiwan. 공시 • Apr 30
ITH Corporation to Report Q1, 2025 Results on May 06, 2025 ITH Corporation announced that they will report Q1, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$43.85, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. New Risk • Mar 30
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 3.5% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: NT$5.61 (vs NT$3.50 in FY 2023) Full year 2024 results: EPS: NT$5.61 (up from NT$3.50 in FY 2023). Revenue: NT$22.5b (flat on FY 2023). Net income: NT$2.25b (up 104% from FY 2023). Profit margin: 10.0% (up from 4.9% in FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan. 공시 • Mar 17
ITH Corporation, Annual General Meeting, Jun 10, 2025 ITH Corporation, Annual General Meeting, Jun 10, 2025. Location: 2 floor no,3, t`ai yuan 1st st., jhubei city, hsinchu county Taiwan 공시 • Mar 07
ITH Corporation to Report Fiscal Year 2024 Results on Mar 14, 2025 ITH Corporation announced that they will report fiscal year 2024 results on Mar 14, 2025 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$60.90, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$57.70, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. 공시 • Nov 27
ITH Corporation has completed an IPO in the amount of TWD 2.137213 billion. ITH Corporation has completed an IPO in the amount of TWD 2.137213 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 11,201,000
Price\Range: TWD 39.65
Security Name: Shares
Security Type: Common Stock
Securities Offered: 28,799,000
Price\Range: TWD 58.79