View Future GrowthRiTdisplay 과거 순이익 실적과거 기준 점검 0/6RiTdisplay 의 수입은 연평균 -57.9%의 비율로 감소해 온 반면, Semiconductor 산업은 연평균 5.2%의 비율로 감소했습니다. 매출은 연평균 9.3%의 비율로 증가해 왔습니다.핵심 정보-57.86%순이익 성장률-62.10%주당순이익(EPS) 성장률Semiconductor 산업 성장률19.89%매출 성장률9.26%자기자본이익률-1.83%순이익률-2.50%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$462.0m (down 40% from 1Q 2025). Net loss: NT$40.3m (loss widened 255% from 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: NT$0.55 loss per share (vs NT$0.16 profit in FY 2024)Full year 2025 results: NT$0.55 loss per share (down from NT$0.16 profit in FY 2024). Revenue: NT$3.56b (up 55% from FY 2024). Net loss: NT$52.2m (down 481% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.35 in 3Q 2024). Revenue: NT$969.9m (up 63% from 3Q 2024). Net income: NT$6.32m (down 78% from 3Q 2024). Profit margin: 0.7% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 16% 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 only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.20 (down from NT$0.23 in 2Q 2024). Revenue: NT$1.28b (up 114% from 2Q 2024). Net income: NT$17.7m (down 6.4% from 2Q 2024). Profit margin: 1.4% (down from 3.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.006 profit in 1Q 2024)First quarter 2025 results: NT$0.13 loss per share (down from NT$0.006 profit in 1Q 2024). Revenue: NT$775.6m (up 40% from 1Q 2024). Net loss: NT$11.4m (down NT$11.8m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • May 06RiTdisplay Corporation to Report Q1, 2025 Results on May 13, 2025RiTdisplay Corporation announced that they will report Q1, 2025 results at 12:00 PM, Taipei Standard Time on May 13, 2025모든 업데이트 보기Recent updatesReported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$462.0m (down 40% from 1Q 2025). Net loss: NT$40.3m (loss widened 255% from 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: NT$0.55 loss per share (vs NT$0.16 profit in FY 2024)Full year 2025 results: NT$0.55 loss per share (down from NT$0.16 profit in FY 2024). Revenue: NT$3.56b (up 55% from FY 2024). Net loss: NT$52.2m (down 481% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Mar 11RiTdisplay Corporation, Annual General Meeting, Jun 25, 2026RiTdisplay Corporation, Annual General Meeting, Jun 25, 2026. Location: b1 floor no,12, kuang fu n. rd., hukou township, hsinchu county TaiwanNew Risk • Jan 19New 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 6.5% 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 Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Tsuchia Lin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.35 in 3Q 2024). Revenue: NT$969.9m (up 63% from 3Q 2024). Net income: NT$6.32m (down 78% from 3Q 2024). Profit margin: 0.7% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 16% 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 only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.05b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 55% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.05b market cap, or US$99.6m).Upcoming Dividend • Sep 09Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 16 September 2025. Payment date: 14 October 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.0%).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.20 (down from NT$0.23 in 2Q 2024). Revenue: NT$1.28b (up 114% from 2Q 2024). Net income: NT$17.7m (down 6.4% from 2Q 2024). Profit margin: 1.4% (down from 3.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Jun 25RiTdisplay Corporation Approves Cash Dividend for the Year 2024RiTdisplay Corporation at its 2025 annual general shareholders' meeting held on June 24, 2025, approved cash dividend of TWD 0.10 per share for the year 2024.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.006 profit in 1Q 2024)First quarter 2025 results: NT$0.13 loss per share (down from NT$0.006 profit in 1Q 2024). Revenue: NT$775.6m (up 40% from 1Q 2024). Net loss: NT$11.4m (down NT$11.8m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • May 14RiTdisplay Corporation Approves Cash Dividend for 2024RiTdisplay Corporation announced that board meeting approved the change of the Company's 2024 profit distribution. Cash dividends of TWD 9,065,170. Reason for the change: Considering the profit in 2024, change the distribution amount.공시 • May 06RiTdisplay Corporation to Report Q1, 2025 Results on May 13, 2025RiTdisplay Corporation announced that they will report Q1, 2025 results at 12:00 PM, Taipei Standard Time on May 13, 2025New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.24b market cap, or US$97.5m).분석 기사 • Mar 28RiTdisplay (TWSE:8104) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Mar 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).공시 • Mar 11RiTdisplay Corporation, Annual General Meeting, Jun 24, 2025RiTdisplay Corporation, Annual General Meeting, Jun 24, 2025. Location: b1 floor no,12, kuang fu n. rd., hukou township, hsinchu county Taiwan공시 • Feb 28RiTdisplay Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025RiTdisplay Corporation announced that they will report fiscal year 2024 results on Mar 10, 2025분석 기사 • Nov 25The Market Lifts RiTdisplay Corporation (TWSE:8104) Shares 25% But It Can Do MoreRiTdisplay Corporation ( TWSE:8104 ) shares have continued their recent momentum with a 25% gain in the last month...Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.36 (vs NT$2.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.36 (up from NT$2.41 loss in 3Q 2023). Revenue: NT$595.6m (down 11% from 3Q 2023). Net income: NT$28.4m (up NT$205.6m from 3Q 2023). Profit margin: 4.8% (up from net loss in 3Q 2023). Revenue is forecast to grow 131% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.분석 기사 • Nov 15Here's Why RiTdisplay (TWSE:8104) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...공시 • Nov 02RiTdisplay Corporation to Report Q3, 2024 Results on Nov 11, 2024RiTdisplay Corporation announced that they will report Q3, 2024 results on Nov 11, 2024분석 기사 • Sep 13There's No Escaping RiTdisplay Corporation's (TWSE:8104) Muted Revenues Despite A 26% Share Price RiseThe RiTdisplay Corporation ( TWSE:8104 ) share price has done very well over the last month, posting an excellent gain...공시 • Sep 10An undisclosed buyer agreed to acquire 13.55% stake in Ritwin Corporation from RiTdisplay Corporation (TWSE:8104) for approximately TWD 270 million .An undisclosed buyer agreed to acquire 13.55% stake in Ritwin Corporation from RiTdisplay Corporation (TWSE:8104) for approximately TWD 270 million on September 9, 2024. A cash consideration of TWD 269.4 million will be paid by the buyer.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.31 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.23 (up from NT$0.31 loss in 2Q 2023). Revenue: NT$598.8m (down 8.4% from 2Q 2023). Net income: NT$18.9m (up NT$41.7m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.분석 기사 • Aug 08We Think RiTdisplay (TWSE:8104) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.26b market cap, or US$100.0m).공시 • Aug 03RiTdisplay Corporation to Report Q2, 2024 Results on Aug 12, 2024RiTdisplay Corporation announced that they will report Q2, 2024 results on Aug 12, 2024New Risk • Jul 04New 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 6.8% 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 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).분석 기사 • Jul 02Improved Revenues Required Before RiTdisplay Corporation (TWSE:8104) Stock's 28% Jump Looks JustifiedDespite an already strong run, RiTdisplay Corporation ( TWSE:8104 ) shares have been powering on, with a gain of 28% in...New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Shareholders have been diluted in the past year (23% increase in shares outstanding).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.14 in 1Q 2023)First quarter 2024 results: EPS: NT$0.01 (down from NT$0.14 in 1Q 2023). Revenue: NT$554.6m (down 15% from 1Q 2023). Net income: NT$453.0k (down 96% from 1Q 2023). Profit margin: 0.1% (down from 1.6% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.공시 • Apr 28RiTdisplay Corporation to Report Q1, 2024 Results on May 06, 2024RiTdisplay Corporation announced that they will report Q1, 2024 results on May 06, 2024Reported Earnings • Mar 07Full year 2023 earnings released: NT$3.08 loss per share (vs NT$0.41 profit in FY 2022)Full year 2023 results: NT$3.08 loss per share (down from NT$0.41 profit in FY 2022). Revenue: NT$2.68b (down 1.2% from FY 2022). Net loss: NT$226.9m (down NT$256.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.공시 • Mar 01+ 1 more updateRiTdisplay Corporation, Annual General Meeting, Jun 25, 2024RiTdisplay Corporation, Annual General Meeting, Jun 25, 2024. Location: No. 12,Kuanfu N. Road, Hsinchu County Taiwan Agenda: To consider 2023 business report; and to Audit committee's report of the 2023 audited financial reports.New Risk • Aug 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$2.54b market cap, or US$79.9m).Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.31 loss per share (vs NT$0.45 profit in 2Q 2022)Second quarter 2023 results: NT$0.31 loss per share (down from NT$0.45 profit in 2Q 2022). Revenue: NT$653.6m (down 17% from 2Q 2022). Net loss: NT$22.7m (down 168% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 01Upcoming dividend of NT$1.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 31 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$0.41 (vs NT$2.86 in FY 2021)Full year 2022 results: EPS: NT$0.41 (down from NT$2.86 in FY 2021). Revenue: NT$2.71b (up 22% from FY 2021). Net income: NT$29.9m (down 84% from FY 2021). Profit margin: 1.1% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$39.45, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total loss to shareholders of 23% over the past three years.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.13 (vs NT$0.64 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.13 (down from NT$0.64 in 3Q 2021). Revenue: NT$803.6m (up 36% from 3Q 2021). Net income: NT$9.24m (down 78% from 3Q 2021). Profit margin: 1.1% (down from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$31.85, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total loss to shareholders of 34% over the past three years.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.86 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.45 (down from NT$0.86 in 2Q 2021). Revenue: NT$783.3m (up 28% from 2Q 2021). Net income: NT$33.4m (down 42% from 2Q 2021). Profit margin: 4.3% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 13Upcoming dividend of NT$2.01 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 10 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.9%). Higher than average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.45, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total loss to shareholders of 14% over the past three years.Reported Earnings • May 17First quarter 2022 earnings released: NT$0.42 loss per share (vs NT$1.01 profit in 1Q 2021)First quarter 2022 results: NT$0.42 loss per share (down from NT$1.01 profit in 1Q 2021). Revenue: NT$357.8m (down 21% from 1Q 2021). Net loss: NT$30.7m (down 146% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$2.86 (vs NT$3.06 in FY 2020)Full year 2021 results: EPS: NT$2.86 (down from NT$3.06 in FY 2020). Revenue: NT$2.23b (up 36% from FY 2020). Net income: NT$192.2m (down 7.0% from FY 2020). Profit margin: 8.6% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$77.40, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 8.5% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.64 (vs NT$1.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$590.3m (up 27% from 3Q 2020). Net income: NT$42.6m (down 48% from 3Q 2020). Profit margin: 7.2% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 September 2021. Payment date: 08 October 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.0%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.86 (vs NT$1.04 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$455.8m (up 4.1% from 2Q 2020). Net income: NT$57.9m (down 17% from 2Q 2020). Profit margin: 13% (down from 16% 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 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$46.00, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 43% over the past three years.Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$1.01 (vs NT$0.067 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$454.3m (up 68% from 1Q 2020). Net income: NT$67.3m (up NT$62.8m from 1Q 2020). Profit margin: 15% (up from 1.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$3.06 (vs NT$0.76 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.64b (down 2.1% from FY 2019). Net income: NT$206.6m (up 306% from FY 2019). Profit margin: 13% (up from 3.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 24Is RiTdisplay (TPE:8104) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Feb 24Is RiTdisplay Corporation's (TPE:8104) Stock Price Struggling As A Result Of Its Mixed Financials?It is hard to get excited after looking at RiTdisplay's (TPE:8104) recent performance, when its stock has declined 5.2...분석 기사 • Feb 04Will the Promising Trends At RiTdisplay (TPE:8104) Continue?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Feb 01New 90-day low: NT$45.00The company is down 3.0% from its price of NT$46.45 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.분석 기사 • Jan 14RiTdisplay's(TPE:8104) Share Price Is Down 33% Over The Past Three Years.While not a mind-blowing move, it is good to see that the RiTdisplay Corporation ( TPE:8104 ) share price has gained...Is New 90 Day High Low • Dec 31New 90-day high: NT$53.90The company is up 17% from its price of NT$46.20 on 30 September 2020. The Taiwanese market is also up 17% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period.분석 기사 • Dec 16We Think RiTdisplay (TPE:8104) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Nov 25RiTdisplay Corporation (TPE:8104) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Most readers would already be aware that RiTdisplay's (TPE:8104) stock increased significantly by 11% over the past...Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$464.7m (up 13% from 3Q 2019). Net income: NT$81.5m (up 174% from 3Q 2019). Profit margin: 18% (up from 7.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.매출 및 비용 세부 내역RiTdisplay가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:8104 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 263,245-8128114631 Dec 253,559-5228014430 Sep 253,574-2128215430 Jun 253,200128115031 Mar 252,520228815331 Dec 242,2991428015030 Sep 242,4571126115530 Jun 242,531-19525915531 Mar 242,586-23723314531 Dec 232,682-22723014730 Sep 232,743-17222512430 Jun 232,8771523611831 Mar 233,0067123412531 Dec 222,7143020512530 Sep 222,5143618512230 Jun 222,3017015312231 Mar 222,0969414311731 Dec 212,22619215811330 Sep 212,12621817511030 Jun 212,00525717310431 Mar 211,8732691729731 Dec 201,6572071539430 Sep 201,5521301389230 Jun 201,493791329531 Mar 201,442271229631 Dec 191,673511619630 Sep 191,9451341669730 Jun 192,2112041738731 Mar 192,4642971877731 Dec 182,5203401687230 Sep 182,4963991816230 Jun 182,3753791746331 Mar 182,2723601796631 Dec 172,2623781806830 Sep 172,2213511778130 Jun 172,2373571909431 Mar 172,1883441799931 Dec 162,13933116910430 Sep 162,04327015110130 Jun 161,9482101339831 Mar 161,7991651158631 Dec 151,6501219773양질의 수익: 8104 은(는) 현재 수익성이 없습니다.이익 마진 증가: 8104는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 8104은 수익성이 없으며 지난 5년 동안 손실이 연평균 57.9% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 8104의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 8104은 수익성이 없어 지난 해 수익 성장률을 Semiconductor 업계(2.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 8104는 현재 수익성이 없으므로 자본 수익률이 음수(-1.83%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 19:48종가2026/06/17 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스RiTdisplay Corporation는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullCapital Securities CorporationSi FuSinoPac Securities Investment Service
Reported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$462.0m (down 40% from 1Q 2025). Net loss: NT$40.3m (loss widened 255% from 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: NT$0.55 loss per share (vs NT$0.16 profit in FY 2024)Full year 2025 results: NT$0.55 loss per share (down from NT$0.16 profit in FY 2024). Revenue: NT$3.56b (up 55% from FY 2024). Net loss: NT$52.2m (down 481% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.35 in 3Q 2024). Revenue: NT$969.9m (up 63% from 3Q 2024). Net income: NT$6.32m (down 78% from 3Q 2024). Profit margin: 0.7% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 16% 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 only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.20 (down from NT$0.23 in 2Q 2024). Revenue: NT$1.28b (up 114% from 2Q 2024). Net income: NT$17.7m (down 6.4% from 2Q 2024). Profit margin: 1.4% (down from 3.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.006 profit in 1Q 2024)First quarter 2025 results: NT$0.13 loss per share (down from NT$0.006 profit in 1Q 2024). Revenue: NT$775.6m (up 40% from 1Q 2024). Net loss: NT$11.4m (down NT$11.8m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • May 06RiTdisplay Corporation to Report Q1, 2025 Results on May 13, 2025RiTdisplay Corporation announced that they will report Q1, 2025 results at 12:00 PM, Taipei Standard Time on May 13, 2025
Reported Earnings • May 16First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$462.0m (down 40% from 1Q 2025). Net loss: NT$40.3m (loss widened 255% from 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: NT$0.55 loss per share (vs NT$0.16 profit in FY 2024)Full year 2025 results: NT$0.55 loss per share (down from NT$0.16 profit in FY 2024). Revenue: NT$3.56b (up 55% from FY 2024). Net loss: NT$52.2m (down 481% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Mar 11RiTdisplay Corporation, Annual General Meeting, Jun 25, 2026RiTdisplay Corporation, Annual General Meeting, Jun 25, 2026. Location: b1 floor no,12, kuang fu n. rd., hukou township, hsinchu county Taiwan
New Risk • Jan 19New 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 6.5% 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 Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Board Change • Dec 13Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Tsuchia Lin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.35 in 3Q 2024). Revenue: NT$969.9m (up 63% from 3Q 2024). Net income: NT$6.32m (down 78% from 3Q 2024). Profit margin: 0.7% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 16% 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 only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.05b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 55% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.05b market cap, or US$99.6m).
Upcoming Dividend • Sep 09Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 16 September 2025. Payment date: 14 October 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.0%).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.20 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.20 (down from NT$0.23 in 2Q 2024). Revenue: NT$1.28b (up 114% from 2Q 2024). Net income: NT$17.7m (down 6.4% from 2Q 2024). Profit margin: 1.4% (down from 3.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Jun 25RiTdisplay Corporation Approves Cash Dividend for the Year 2024RiTdisplay Corporation at its 2025 annual general shareholders' meeting held on June 24, 2025, approved cash dividend of TWD 0.10 per share for the year 2024.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.006 profit in 1Q 2024)First quarter 2025 results: NT$0.13 loss per share (down from NT$0.006 profit in 1Q 2024). Revenue: NT$775.6m (up 40% from 1Q 2024). Net loss: NT$11.4m (down NT$11.8m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • May 14RiTdisplay Corporation Approves Cash Dividend for 2024RiTdisplay Corporation announced that board meeting approved the change of the Company's 2024 profit distribution. Cash dividends of TWD 9,065,170. Reason for the change: Considering the profit in 2024, change the distribution amount.
공시 • May 06RiTdisplay Corporation to Report Q1, 2025 Results on May 13, 2025RiTdisplay Corporation announced that they will report Q1, 2025 results at 12:00 PM, Taipei Standard Time on May 13, 2025
New Risk • Mar 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.24b market cap, or US$97.5m).
분석 기사 • Mar 28RiTdisplay (TWSE:8104) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Mar 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding).
공시 • Mar 11RiTdisplay Corporation, Annual General Meeting, Jun 24, 2025RiTdisplay Corporation, Annual General Meeting, Jun 24, 2025. Location: b1 floor no,12, kuang fu n. rd., hukou township, hsinchu county Taiwan
공시 • Feb 28RiTdisplay Corporation to Report Fiscal Year 2024 Results on Mar 10, 2025RiTdisplay Corporation announced that they will report fiscal year 2024 results on Mar 10, 2025
분석 기사 • Nov 25The Market Lifts RiTdisplay Corporation (TWSE:8104) Shares 25% But It Can Do MoreRiTdisplay Corporation ( TWSE:8104 ) shares have continued their recent momentum with a 25% gain in the last month...
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.36 (vs NT$2.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.36 (up from NT$2.41 loss in 3Q 2023). Revenue: NT$595.6m (down 11% from 3Q 2023). Net income: NT$28.4m (up NT$205.6m from 3Q 2023). Profit margin: 4.8% (up from net loss in 3Q 2023). Revenue is forecast to grow 131% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
분석 기사 • Nov 15Here's Why RiTdisplay (TWSE:8104) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
공시 • Nov 02RiTdisplay Corporation to Report Q3, 2024 Results on Nov 11, 2024RiTdisplay Corporation announced that they will report Q3, 2024 results on Nov 11, 2024
분석 기사 • Sep 13There's No Escaping RiTdisplay Corporation's (TWSE:8104) Muted Revenues Despite A 26% Share Price RiseThe RiTdisplay Corporation ( TWSE:8104 ) share price has done very well over the last month, posting an excellent gain...
공시 • Sep 10An undisclosed buyer agreed to acquire 13.55% stake in Ritwin Corporation from RiTdisplay Corporation (TWSE:8104) for approximately TWD 270 million .An undisclosed buyer agreed to acquire 13.55% stake in Ritwin Corporation from RiTdisplay Corporation (TWSE:8104) for approximately TWD 270 million on September 9, 2024. A cash consideration of TWD 269.4 million will be paid by the buyer.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.31 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.23 (up from NT$0.31 loss in 2Q 2023). Revenue: NT$598.8m (down 8.4% from 2Q 2023). Net income: NT$18.9m (up NT$41.7m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
분석 기사 • Aug 08We Think RiTdisplay (TWSE:8104) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Aug 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$3.26b market cap, or US$100.0m).
공시 • Aug 03RiTdisplay Corporation to Report Q2, 2024 Results on Aug 12, 2024RiTdisplay Corporation announced that they will report Q2, 2024 results on Aug 12, 2024
New Risk • Jul 04New 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 6.8% 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 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).
분석 기사 • Jul 02Improved Revenues Required Before RiTdisplay Corporation (TWSE:8104) Stock's 28% Jump Looks JustifiedDespite an already strong run, RiTdisplay Corporation ( TWSE:8104 ) shares have been powering on, with a gain of 28% in...
New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 47% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Shareholders have been diluted in the past year (23% increase in shares outstanding).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.14 in 1Q 2023)First quarter 2024 results: EPS: NT$0.01 (down from NT$0.14 in 1Q 2023). Revenue: NT$554.6m (down 15% from 1Q 2023). Net income: NT$453.0k (down 96% from 1Q 2023). Profit margin: 0.1% (down from 1.6% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
공시 • Apr 28RiTdisplay Corporation to Report Q1, 2024 Results on May 06, 2024RiTdisplay Corporation announced that they will report Q1, 2024 results on May 06, 2024
Reported Earnings • Mar 07Full year 2023 earnings released: NT$3.08 loss per share (vs NT$0.41 profit in FY 2022)Full year 2023 results: NT$3.08 loss per share (down from NT$0.41 profit in FY 2022). Revenue: NT$2.68b (down 1.2% from FY 2022). Net loss: NT$226.9m (down NT$256.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
공시 • Mar 01+ 1 more updateRiTdisplay Corporation, Annual General Meeting, Jun 25, 2024RiTdisplay Corporation, Annual General Meeting, Jun 25, 2024. Location: No. 12,Kuanfu N. Road, Hsinchu County Taiwan Agenda: To consider 2023 business report; and to Audit committee's report of the 2023 audited financial reports.
New Risk • Aug 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$2.54b market cap, or US$79.9m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.31 loss per share (vs NT$0.45 profit in 2Q 2022)Second quarter 2023 results: NT$0.31 loss per share (down from NT$0.45 profit in 2Q 2022). Revenue: NT$653.6m (down 17% from 2Q 2022). Net loss: NT$22.7m (down 168% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 01Upcoming dividend of NT$1.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 31 August 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: NT$0.41 (vs NT$2.86 in FY 2021)Full year 2022 results: EPS: NT$0.41 (down from NT$2.86 in FY 2021). Revenue: NT$2.71b (up 22% from FY 2021). Net income: NT$29.9m (down 84% from FY 2021). Profit margin: 1.1% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$39.45, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total loss to shareholders of 23% over the past three years.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: NT$0.13 (vs NT$0.64 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.13 (down from NT$0.64 in 3Q 2021). Revenue: NT$803.6m (up 36% from 3Q 2021). Net income: NT$9.24m (down 78% from 3Q 2021). Profit margin: 1.1% (down from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$31.85, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total loss to shareholders of 34% over the past three years.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.86 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.45 (down from NT$0.86 in 2Q 2021). Revenue: NT$783.3m (up 28% from 2Q 2021). Net income: NT$33.4m (down 42% from 2Q 2021). Profit margin: 4.3% (down from 9.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 13Upcoming dividend of NT$2.01 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 10 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.9%). Higher than average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$43.45, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total loss to shareholders of 14% over the past three years.
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.42 loss per share (vs NT$1.01 profit in 1Q 2021)First quarter 2022 results: NT$0.42 loss per share (down from NT$1.01 profit in 1Q 2021). Revenue: NT$357.8m (down 21% from 1Q 2021). Net loss: NT$30.7m (down 146% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: NT$2.86 (vs NT$3.06 in FY 2020)Full year 2021 results: EPS: NT$2.86 (down from NT$3.06 in FY 2020). Revenue: NT$2.23b (up 36% from FY 2020). Net income: NT$192.2m (down 7.0% from FY 2020). Profit margin: 8.6% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$77.40, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 8.5% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.64 (vs NT$1.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$590.3m (up 27% from 3Q 2020). Net income: NT$42.6m (down 48% from 3Q 2020). Profit margin: 7.2% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 07Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 14 September 2021. Payment date: 08 October 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.0%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.86 (vs NT$1.04 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$455.8m (up 4.1% from 2Q 2020). Net income: NT$57.9m (down 17% from 2Q 2020). Profit margin: 13% (down from 16% 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 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$46.00, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 43% over the past three years.
Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$1.01 (vs NT$0.067 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$454.3m (up 68% from 1Q 2020). Net income: NT$67.3m (up NT$62.8m from 1Q 2020). Profit margin: 15% (up from 1.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$3.06 (vs NT$0.76 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.64b (down 2.1% from FY 2019). Net income: NT$206.6m (up 306% from FY 2019). Profit margin: 13% (up from 3.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 24Is RiTdisplay (TPE:8104) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Feb 24Is RiTdisplay Corporation's (TPE:8104) Stock Price Struggling As A Result Of Its Mixed Financials?It is hard to get excited after looking at RiTdisplay's (TPE:8104) recent performance, when its stock has declined 5.2...
분석 기사 • Feb 04Will the Promising Trends At RiTdisplay (TPE:8104) Continue?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Feb 01New 90-day low: NT$45.00The company is down 3.0% from its price of NT$46.45 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period.
분석 기사 • Jan 14RiTdisplay's(TPE:8104) Share Price Is Down 33% Over The Past Three Years.While not a mind-blowing move, it is good to see that the RiTdisplay Corporation ( TPE:8104 ) share price has gained...
Is New 90 Day High Low • Dec 31New 90-day high: NT$53.90The company is up 17% from its price of NT$46.20 on 30 September 2020. The Taiwanese market is also up 17% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 24% over the same period.
분석 기사 • Dec 16We Think RiTdisplay (TPE:8104) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Nov 25RiTdisplay Corporation (TPE:8104) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Most readers would already be aware that RiTdisplay's (TPE:8104) stock increased significantly by 11% over the past...
Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$464.7m (up 13% from 3Q 2019). Net income: NT$81.5m (up 174% from 3Q 2019). Profit margin: 18% (up from 7.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.