View DividendTai-Saw TechnologyLtd 경영진경영진 기준 점검 0/4현재 CEO에 대한 정보가 충분하지 않습니다.핵심 정보Jui-Hung Chen최고경영자n/a총 보수CEO 급여 비율n/aCEO 재임 기간no dataCEO 지분 보유율0.09%경영진 평균 재임 기간1.6yrs이사회 평균 재임 기간데이터 없음최근 경영진 업데이트공시 • Mar 11Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 23 floor no,120, sec.1 chung yang w. rd., jhongli district, taoyuan city Taiwan공시 • Mar 07+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025. Location: 3 floor no,398, min ch`uan rd., jhongli district, taoyuan city Taiwan공시 • Oct 22Tai-Saw Technology Co.,Ltd. Announces Executive ChangesTai-Saw Technology Co.,Ltd. announced the executive appointments. Name, title, and resume of the new position holder: Vincent Lee Executive Vice President of GM's Office/Vice President of Marketing & Sales Center; Hong-Duk Ham Senior Director of Operations Center/Director of Operations Center. Reason for the change: promotion and position adjustment. Effective date: October 21, 2024.공시 • Mar 14+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024. Location: Pingjhen Industrial Park Service Center, No. 261,Nanfeng Rd., Pingzhen Dist., Taoyuan City Taiwan Agenda: To consider FY2023 Business Report; to consider FY2023 Audit Committee's Annual Review Report; to consider FY2023 Profit Shares of the Board and the Employees; to consider FY2023 Private Placement; to consider the status of Endorsement and Guarantee; to consider FY2023 Approval for the annual financial statement and the business report; to consider FY2023 Appreciation for the financial gain and loss; and to consider other matters.공시 • Nov 03Tai-Saw Technology Co.,Ltd. Appoints Lin, Hsiao-Hui, Manager of MIS Dept. as Information Security OfficerTai-Saw Technology Co.,Ltd. appointed LIN, HSIAO-HUI, Manager of MIS Dept. as Information Security Officer. Effective date: November 2 2023. The appointment was approved unanimously by the Board of Directors Meeting held on November 2, 2023.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.모든 업데이트 보기Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.36 (vs NT$0.15 in 1Q 2025)First quarter 2026 results: EPS: NT$0.36 (up from NT$0.15 in 1Q 2025). Revenue: NT$546.6m (flat on 1Q 2025). Net income: NT$37.9m (up 142% from 1Q 2025). Profit margin: 6.9% (up from 2.9% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.08 (vs NT$0.98 in FY 2024)Full year 2025 results: EPS: NT$0.08 (down from NT$0.98 in FY 2024). Revenue: NT$2.23b (up 2.4% from FY 2024). Net income: NT$8.28m (down 92% from FY 2024). Profit margin: 0.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.공시 • Mar 11Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 23 floor no,120, sec.1 chung yang w. rd., jhongli district, taoyuan city TaiwanNew Risk • Feb 06New 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 9.0% 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 (9.0% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 46x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.09% net profit margin). Market cap is less than US$100m (NT$2.93b market cap, or US$92.6m).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.023 profit in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (down from NT$0.023 profit in 3Q 2024). Revenue: NT$553.3m (down 2.2% from 3Q 2024). Net loss: NT$11.4m (down NT$13.7m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.New Risk • Nov 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 6.7% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 112% Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$2.28b market cap, or US$73.6m).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.28 profit in 2Q 2024)Second quarter 2025 results: NT$0.27 loss per share (down from NT$0.28 profit in 2Q 2024). Revenue: NT$557.7m (flat on 2Q 2024). Net loss: NT$27.6m (down 196% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 04Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 11 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Declared Dividend • Jun 07Dividend of NT$0.90 announcedShareholders will receive a dividend of NT$0.90. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio) nor is it covered by cash flows (397% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 43% to bring the payout ratio under control, which is more than the 2.2% EPS growth achieved over the last 5 years.Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.15 (down from NT$0.43 in 1Q 2024). Revenue: NT$549.6m (up 3.6% from 1Q 2024). Net income: NT$15.7m (down 65% from 1Q 2024). Profit margin: 2.9% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.공시 • May 01Tai-Saw Technology Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Tai-Saw Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$18.25, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 34% over the past three years.공시 • Mar 07+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025. Location: 3 floor no,398, min ch`uan rd., jhongli district, taoyuan city TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.092 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.02 (down from NT$0.092 in 3Q 2023). Revenue: NT$565.8m (up 1.2% from 3Q 2023). Net income: NT$2.33m (down 75% from 3Q 2023). Profit margin: 0.4% (down from 1.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공시 • Oct 24Tai-Saw Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Tai-Saw Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024공시 • Oct 22Tai-Saw Technology Co.,Ltd. Announces Executive ChangesTai-Saw Technology Co.,Ltd. announced the executive appointments. Name, title, and resume of the new position holder: Vincent Lee Executive Vice President of GM's Office/Vice President of Marketing & Sales Center; Hong-Duk Ham Senior Director of Operations Center/Director of Operations Center. Reason for the change: promotion and position adjustment. Effective date: October 21, 2024.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.017 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.28 (up from NT$0.017 in 2Q 2023). Revenue: NT$555.6m (up 5.3% from 2Q 2023). Net income: NT$28.7m (up NT$27.0m from 2Q 2023). Profit margin: 5.2% (up from 0.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.5%).Declared Dividend • Jun 03Dividend reduced to NT$0.70Dividend of NT$0.70 is 72% lower than last year. Ex-date: 18th July 2024 Payment date: 8th August 2024 Dividend yield will be 2.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (221% earnings payout ratio). However, it is covered by cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 145% to bring the payout ratio under control, which is more than the 34% EPS growth achieved over the last 5 years.공시 • Apr 26Tai-Saw Technology Co.,Ltd. to Report Q1, 2024 Results on May 02, 2024Tai-Saw Technology Co.,Ltd. announced that they will report Q1, 2024 results on May 02, 2024Reported Earnings • Apr 03Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: NT$0.13 loss per share (down from NT$3.18 profit in FY 2022). Revenue: NT$2.13b (down 36% from FY 2022). Net loss: NT$13.6m (down 104% from profit in FY 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.Buy Or Sell Opportunity • Mar 26Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to NT$28.10. The fair value is estimated to be NT$35.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.공시 • Mar 14+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024. Location: Pingjhen Industrial Park Service Center, No. 261,Nanfeng Rd., Pingzhen Dist., Taoyuan City Taiwan Agenda: To consider FY2023 Business Report; to consider FY2023 Audit Committee's Annual Review Report; to consider FY2023 Profit Shares of the Board and the Employees; to consider FY2023 Private Placement; to consider the status of Endorsement and Guarantee; to consider FY2023 Approval for the annual financial statement and the business report; to consider FY2023 Appreciation for the financial gain and loss; and to consider other matters.Buy Or Sell Opportunity • Mar 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$28.05. The fair value is estimated to be NT$35.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jan 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.7% to NT$26.00. The fair value is estimated to be NT$32.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Jan 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be NT$32.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.공시 • Nov 03Tai-Saw Technology Co.,Ltd. Appoints Lin, Hsiao-Hui, Manager of MIS Dept. as Information Security OfficerTai-Saw Technology Co.,Ltd. appointed LIN, HSIAO-HUI, Manager of MIS Dept. as Information Security Officer. Effective date: November 2 2023. The appointment was approved unanimously by the Board of Directors Meeting held on November 2, 2023.Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.8%. The fair value is estimated to be NT$33.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.Buying Opportunity • Sep 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be NT$33.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.Buying Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be NT$33.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.Buying Opportunity • Aug 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be NT$33.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.02 (vs NT$1.93 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.02 (down from NT$1.93 in 2Q 2022). Revenue: NT$527.9m (down 59% from 2Q 2022). Net income: NT$1.73m (down 99% from 2Q 2022). Profit margin: 0.3% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 10Upcoming dividend of NT$2.50 per share at 8.5% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 08 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).공시 • Jun 02Tai-Saw Technology Co.,Ltd. Announces Cash Dividends for 2022, Payable on August 8, 2023Tai-Saw Technology Co.,Ltd. announced cash dividends is TWD 260,111,025, TWD 2.5 per share for 2022. Ex-rights (Ex-dividend) date: July 17, 2023. Ex-rights (Ex-dividend) record date: July 23, 2023. Payment date of cash dividend distribution: August 8, 2023. Total of TWD 208,088,820, TWD 2 per share, is from 2022 profit. Total of TWD 52,022,205, TWD 0.5 pare share, is from capital surplus.Price Target Changed • Nov 16Price target increased to NT$39.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$26.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$5.53 for next year compared to NT$5.28 last year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$22.75, the stock trades at a trailing P/E ratio of 3.1x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 9.8% over the past three years.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$24.90, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 14% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.93 (vs NT$0.56 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.93 (up from NT$0.56 in 2Q 2021). Revenue: NT$1.28b (up 83% from 2Q 2021). Net income: NT$197.1m (up 246% from 2Q 2021). Profit margin: 15% (up from 8.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Aug 05Tai-Saw Technology Co.,Ltd. Announces Appointment of 1St Sustainable Development Committee MembersTai-Saw Technology Co.,Ltd. announced appointment of 1st sustainable development committee members. Name of the new position holder: (1)Huang, Yu-Tung; (2) Lin, Huei-Yuh; (3) Huang, Wen-Ho; (4) TSENG, Yu-I (5)CHEN, JUI-HUNG. Resume of the new position holder: (1) Huang, Yu-Tung:Chairman and Chief Technology Officer of TST; (2) Lin, Huei-Yuh:Independent director of TST; (3) Huang,Wen-Ho:Independent director of TST (4)TSENG, Yu-I:Independent director of TST; (5) CHEN, JUI-HUNG: General Manager of TST. Effective date of the new members is August 4, 2022~June 8, 2025.Upcoming Dividend • Jul 04Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.9%).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$33.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 64% over the past three years.공시 • Jun 10+ 1 more updateTai-Saw Technology Announces Establishment of Audit CommitteeTai-Saw Technology Co.,Ltd. announced the establishment of audit committee. Effective date of the new member is June 9, 2022. Name of the new position holder:)Lin, Huei-Yuh; Huang, Wen-Ho; TSENG, YU-I. Resume of the new position holder: Lin, Huei-Yuh: Partner of BUENA VENTURE MANAGEMENT CORP. Chairman of GLORY SUN OPTO-ELECTRONICS CORP. Huang, Wen-Ho: Partner Accountant(C.P.A.) and Chair of ANSWER CPAs FIRM; TSENG, YU-I: Chairman of EDOM TECHNOLOGY CO., LTD. Director of LARGAN HEALTH AI-TECH CO., LTD. Director of AcSiP TECHNOLOGY CORP.Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.82 (up from NT$0.004 loss in 1Q 2021). Revenue: NT$717.6m (up 12% from 1Q 2021). Net income: NT$83.7m (up NT$84.2m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Mar 23Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 09, 2022Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 09, 2022.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$35.85, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$43.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 158% over the past three years.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.92 (vs NT$0.36 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$817.5m (up 58% from 3Q 2020). Net income: NT$94.1m (up NT$131.0m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.Price Target Changed • Aug 13Price target increased to NT$45.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 31% above last closing price of NT$34.30. Stock is up 34% over the past year.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.56 (vs NT$0.08 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$700.5m (up 28% from 2Q 2020). Net income: NT$57.0m (up NT$48.9m from 2Q 2020). Profit margin: 8.1% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 26Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 03 September 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (3.0%).Reported Earnings • May 09First quarter 2021 earnings released: NT$0.004 loss per share (vs NT$0.019 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$639.5m (up 27% from 1Q 2020). Net loss: NT$430.0k (down 122% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 30Full year 2020 earnings released: NT$0.68 loss per share (vs NT$0.34 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: NT$2.14b (up 5.4% from FY 2019). Net loss: NT$69.4m (loss widened 101% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.공시 • Mar 19Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 10, 2021Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 10, 2021. Location: Hotel Kuva Chateau, No.398, Minquan Rd., Zhongli Dist Taoyuan City Taiwan Agenda: To consider report the business of 2020; to report supervisors' review report on 2020 financial statements; to report the status of 2020 private placement; to report the status of endorsements and/or guarantees for other parties; to revise codes of ethical conduct; to accept 2020 business report and financial statements; to cash dividends distributed from capital reserve; to proposal of capital increase and/or private placement; to amendments to the company's articles of incorporation; to amendments to the company's articles of incorporation; and to amendments to procedures for election of directors.분석 기사 • Mar 09Here's Why Tai-Saw TechnologyLtd (GTSM:3221) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Feb 23New 90-day high: NT$24.10The company is up 7.0% from its price of NT$22.60 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.분석 기사 • Feb 02Is This A Sign of Things To Come At Tai-Saw TechnologyLtd (GTSM:3221)?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...Is New 90 Day High Low • Jan 20New 90-day low: NT$20.65The company is down 7.0% from its price of NT$22.25 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.분석 기사 • Dec 29Should Tai-Saw TechnologyLtd (GTSM:3221) Be Disappointed With Their 21% Profit?Buying a low-cost index fund will get you the average market return. But across the board there are plenty of stocks...분석 기사 • Nov 24Tai-Saw TechnologyLtd (GTSM:3221) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 12Third quarter 2020 earnings released: NT$0.36 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$517.0m (down 5.3% from 3Q 2019). Net loss: NT$37.0m (down 482% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 96% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 29New 90-day low: NT$21.65The company is down 22% from its price of NT$27.90 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 12New 90-day low: NT$22.20The company is down 8.0% from its price of NT$24.05 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.CEOJui-Hung Chen no data재임 기간Jui-Hung Chen is General Manager of Tai-Saw Technology Co.,Ltd.리더십 팀이름직위재임 기간보수지분Yu-Tung HuangChairman & CTOno data데이터 없음3.45% NT$ 184.0mJui-Hung ChenGeneral Managerno data데이터 없음0.095% NT$ 5.0mLee VincentPresident1.6yrs데이터 없음데이터 없음Hong-Duk HamSenior Director of Operations Center & Director of Operations Center1.6yrs데이터 없음데이터 없음Jinhong LiAccounting Supervisorno data데이터 없음데이터 없음Yu-Ting LinChief Internal Auditor1.8yrs데이터 없음데이터 없음더 보기1.6yrs평균 재임 기간경험이 풍부한 관리: 3221의 경영진은 경험이 부족한 것으로 간주됩니다(평균 재임 1.6 년) — 신규 팀일 수 있습니다.View Ownership기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 07:28종가2026/05/21 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 소스Tai-Saw Technology Co.,Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yong Hui YangCapital Securities CorporationAlice SuMasterlink Securities Investment Advisory
공시 • Mar 11Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 23 floor no,120, sec.1 chung yang w. rd., jhongli district, taoyuan city Taiwan
공시 • Mar 07+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025. Location: 3 floor no,398, min ch`uan rd., jhongli district, taoyuan city Taiwan
공시 • Oct 22Tai-Saw Technology Co.,Ltd. Announces Executive ChangesTai-Saw Technology Co.,Ltd. announced the executive appointments. Name, title, and resume of the new position holder: Vincent Lee Executive Vice President of GM's Office/Vice President of Marketing & Sales Center; Hong-Duk Ham Senior Director of Operations Center/Director of Operations Center. Reason for the change: promotion and position adjustment. Effective date: October 21, 2024.
공시 • Mar 14+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024. Location: Pingjhen Industrial Park Service Center, No. 261,Nanfeng Rd., Pingzhen Dist., Taoyuan City Taiwan Agenda: To consider FY2023 Business Report; to consider FY2023 Audit Committee's Annual Review Report; to consider FY2023 Profit Shares of the Board and the Employees; to consider FY2023 Private Placement; to consider the status of Endorsement and Guarantee; to consider FY2023 Approval for the annual financial statement and the business report; to consider FY2023 Appreciation for the financial gain and loss; and to consider other matters.
공시 • Nov 03Tai-Saw Technology Co.,Ltd. Appoints Lin, Hsiao-Hui, Manager of MIS Dept. as Information Security OfficerTai-Saw Technology Co.,Ltd. appointed LIN, HSIAO-HUI, Manager of MIS Dept. as Information Security Officer. Effective date: November 2 2023. The appointment was approved unanimously by the Board of Directors Meeting held on November 2, 2023.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.36 (vs NT$0.15 in 1Q 2025)First quarter 2026 results: EPS: NT$0.36 (up from NT$0.15 in 1Q 2025). Revenue: NT$546.6m (flat on 1Q 2025). Net income: NT$37.9m (up 142% from 1Q 2025). Profit margin: 6.9% (up from 2.9% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.08 (vs NT$0.98 in FY 2024)Full year 2025 results: EPS: NT$0.08 (down from NT$0.98 in FY 2024). Revenue: NT$2.23b (up 2.4% from FY 2024). Net income: NT$8.28m (down 92% from FY 2024). Profit margin: 0.4% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공시 • Mar 11Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 26, 2026. Location: 23 floor no,120, sec.1 chung yang w. rd., jhongli district, taoyuan city Taiwan
New Risk • Feb 06New 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 9.0% 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 (9.0% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 46x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.09% net profit margin). Market cap is less than US$100m (NT$2.93b market cap, or US$92.6m).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.023 profit in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (down from NT$0.023 profit in 3Q 2024). Revenue: NT$553.3m (down 2.2% from 3Q 2024). Net loss: NT$11.4m (down NT$13.7m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
New Risk • Nov 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 6.7% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 112% Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$2.28b market cap, or US$73.6m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.28 profit in 2Q 2024)Second quarter 2025 results: NT$0.27 loss per share (down from NT$0.28 profit in 2Q 2024). Revenue: NT$557.7m (flat on 2Q 2024). Net loss: NT$27.6m (down 196% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 04Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 11 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Declared Dividend • Jun 07Dividend of NT$0.90 announcedShareholders will receive a dividend of NT$0.90. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio) nor is it covered by cash flows (397% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 43% to bring the payout ratio under control, which is more than the 2.2% EPS growth achieved over the last 5 years.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.15 (down from NT$0.43 in 1Q 2024). Revenue: NT$549.6m (up 3.6% from 1Q 2024). Net income: NT$15.7m (down 65% from 1Q 2024). Profit margin: 2.9% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
공시 • May 01Tai-Saw Technology Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025Tai-Saw Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$18.25, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 34% over the past three years.
공시 • Mar 07+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 05, 2025. Location: 3 floor no,398, min ch`uan rd., jhongli district, taoyuan city Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.092 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.02 (down from NT$0.092 in 3Q 2023). Revenue: NT$565.8m (up 1.2% from 3Q 2023). Net income: NT$2.33m (down 75% from 3Q 2023). Profit margin: 0.4% (down from 1.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공시 • Oct 24Tai-Saw Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Tai-Saw Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
공시 • Oct 22Tai-Saw Technology Co.,Ltd. Announces Executive ChangesTai-Saw Technology Co.,Ltd. announced the executive appointments. Name, title, and resume of the new position holder: Vincent Lee Executive Vice President of GM's Office/Vice President of Marketing & Sales Center; Hong-Duk Ham Senior Director of Operations Center/Director of Operations Center. Reason for the change: promotion and position adjustment. Effective date: October 21, 2024.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.017 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.28 (up from NT$0.017 in 2Q 2023). Revenue: NT$555.6m (up 5.3% from 2Q 2023). Net income: NT$28.7m (up NT$27.0m from 2Q 2023). Profit margin: 5.2% (up from 0.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.5%).
Declared Dividend • Jun 03Dividend reduced to NT$0.70Dividend of NT$0.70 is 72% lower than last year. Ex-date: 18th July 2024 Payment date: 8th August 2024 Dividend yield will be 2.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (221% earnings payout ratio). However, it is covered by cash flows (62% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 145% to bring the payout ratio under control, which is more than the 34% EPS growth achieved over the last 5 years.
공시 • Apr 26Tai-Saw Technology Co.,Ltd. to Report Q1, 2024 Results on May 02, 2024Tai-Saw Technology Co.,Ltd. announced that they will report Q1, 2024 results on May 02, 2024
Reported Earnings • Apr 03Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: NT$0.13 loss per share (down from NT$3.18 profit in FY 2022). Revenue: NT$2.13b (down 36% from FY 2022). Net loss: NT$13.6m (down 104% from profit in FY 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
Buy Or Sell Opportunity • Mar 26Now 21% undervaluedOver the last 90 days, the stock has risen 2.9% to NT$28.10. The fair value is estimated to be NT$35.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.
공시 • Mar 14+ 1 more updateTai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024Tai-Saw Technology Co.,Ltd., Annual General Meeting, May 31, 2024. Location: Pingjhen Industrial Park Service Center, No. 261,Nanfeng Rd., Pingzhen Dist., Taoyuan City Taiwan Agenda: To consider FY2023 Business Report; to consider FY2023 Audit Committee's Annual Review Report; to consider FY2023 Profit Shares of the Board and the Employees; to consider FY2023 Private Placement; to consider the status of Endorsement and Guarantee; to consider FY2023 Approval for the annual financial statement and the business report; to consider FY2023 Appreciation for the financial gain and loss; and to consider other matters.
Buy Or Sell Opportunity • Mar 08Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$28.05. The fair value is estimated to be NT$35.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jan 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.7% to NT$26.00. The fair value is estimated to be NT$32.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Jan 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.8%. The fair value is estimated to be NT$32.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company became loss making.
공시 • Nov 03Tai-Saw Technology Co.,Ltd. Appoints Lin, Hsiao-Hui, Manager of MIS Dept. as Information Security OfficerTai-Saw Technology Co.,Ltd. appointed LIN, HSIAO-HUI, Manager of MIS Dept. as Information Security Officer. Effective date: November 2 2023. The appointment was approved unanimously by the Board of Directors Meeting held on November 2, 2023.
Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.8%. The fair value is estimated to be NT$33.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.
Buying Opportunity • Sep 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.5%. The fair value is estimated to be NT$33.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.
Buying Opportunity • Sep 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be NT$33.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.8% in a year. Earnings is forecast to grow by 4.6% in the next year.
Buying Opportunity • Aug 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be NT$33.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.02 (vs NT$1.93 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.02 (down from NT$1.93 in 2Q 2022). Revenue: NT$527.9m (down 59% from 2Q 2022). Net income: NT$1.73m (down 99% from 2Q 2022). Profit margin: 0.3% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 10Upcoming dividend of NT$2.50 per share at 8.5% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 08 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.3%).
공시 • Jun 02Tai-Saw Technology Co.,Ltd. Announces Cash Dividends for 2022, Payable on August 8, 2023Tai-Saw Technology Co.,Ltd. announced cash dividends is TWD 260,111,025, TWD 2.5 per share for 2022. Ex-rights (Ex-dividend) date: July 17, 2023. Ex-rights (Ex-dividend) record date: July 23, 2023. Payment date of cash dividend distribution: August 8, 2023. Total of TWD 208,088,820, TWD 2 per share, is from 2022 profit. Total of TWD 52,022,205, TWD 0.5 pare share, is from capital surplus.
Price Target Changed • Nov 16Price target increased to NT$39.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 46% above last closing price of NT$26.70. Stock is down 38% over the past year. The company is forecast to post earnings per share of NT$5.53 for next year compared to NT$5.28 last year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$22.75, the stock trades at a trailing P/E ratio of 3.1x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 9.8% over the past three years.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$24.90, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.93 (vs NT$0.56 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.93 (up from NT$0.56 in 2Q 2021). Revenue: NT$1.28b (up 83% from 2Q 2021). Net income: NT$197.1m (up 246% from 2Q 2021). Profit margin: 15% (up from 8.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Aug 05Tai-Saw Technology Co.,Ltd. Announces Appointment of 1St Sustainable Development Committee MembersTai-Saw Technology Co.,Ltd. announced appointment of 1st sustainable development committee members. Name of the new position holder: (1)Huang, Yu-Tung; (2) Lin, Huei-Yuh; (3) Huang, Wen-Ho; (4) TSENG, Yu-I (5)CHEN, JUI-HUNG. Resume of the new position holder: (1) Huang, Yu-Tung:Chairman and Chief Technology Officer of TST; (2) Lin, Huei-Yuh:Independent director of TST; (3) Huang,Wen-Ho:Independent director of TST (4)TSENG, Yu-I:Independent director of TST; (5) CHEN, JUI-HUNG: General Manager of TST. Effective date of the new members is August 4, 2022~June 8, 2025.
Upcoming Dividend • Jul 04Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.9%).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$33.30, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 64% over the past three years.
공시 • Jun 10+ 1 more updateTai-Saw Technology Announces Establishment of Audit CommitteeTai-Saw Technology Co.,Ltd. announced the establishment of audit committee. Effective date of the new member is June 9, 2022. Name of the new position holder:)Lin, Huei-Yuh; Huang, Wen-Ho; TSENG, YU-I. Resume of the new position holder: Lin, Huei-Yuh: Partner of BUENA VENTURE MANAGEMENT CORP. Chairman of GLORY SUN OPTO-ELECTRONICS CORP. Huang, Wen-Ho: Partner Accountant(C.P.A.) and Chair of ANSWER CPAs FIRM; TSENG, YU-I: Chairman of EDOM TECHNOLOGY CO., LTD. Director of LARGAN HEALTH AI-TECH CO., LTD. Director of AcSiP TECHNOLOGY CORP.
Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.82 (up from NT$0.004 loss in 1Q 2021). Revenue: NT$717.6m (up 12% from 1Q 2021). Net income: NT$83.7m (up NT$84.2m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Mar 23Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 09, 2022Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 09, 2022.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$35.85, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$43.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 158% over the past three years.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.92 (vs NT$0.36 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$817.5m (up 58% from 3Q 2020). Net income: NT$94.1m (up NT$131.0m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 13Price target increased to NT$45.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 31% above last closing price of NT$34.30. Stock is up 34% over the past year.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.56 (vs NT$0.08 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$700.5m (up 28% from 2Q 2020). Net income: NT$57.0m (up NT$48.9m from 2Q 2020). Profit margin: 8.1% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 26Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 03 September 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (3.0%).
Reported Earnings • May 09First quarter 2021 earnings released: NT$0.004 loss per share (vs NT$0.019 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$639.5m (up 27% from 1Q 2020). Net loss: NT$430.0k (down 122% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 30Full year 2020 earnings released: NT$0.68 loss per share (vs NT$0.34 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: NT$2.14b (up 5.4% from FY 2019). Net loss: NT$69.4m (loss widened 101% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
공시 • Mar 19Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 10, 2021Tai-Saw Technology Co.,Ltd., Annual General Meeting, Jun 10, 2021. Location: Hotel Kuva Chateau, No.398, Minquan Rd., Zhongli Dist Taoyuan City Taiwan Agenda: To consider report the business of 2020; to report supervisors' review report on 2020 financial statements; to report the status of 2020 private placement; to report the status of endorsements and/or guarantees for other parties; to revise codes of ethical conduct; to accept 2020 business report and financial statements; to cash dividends distributed from capital reserve; to proposal of capital increase and/or private placement; to amendments to the company's articles of incorporation; to amendments to the company's articles of incorporation; and to amendments to procedures for election of directors.
분석 기사 • Mar 09Here's Why Tai-Saw TechnologyLtd (GTSM:3221) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Feb 23New 90-day high: NT$24.10The company is up 7.0% from its price of NT$22.60 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
분석 기사 • Feb 02Is This A Sign of Things To Come At Tai-Saw TechnologyLtd (GTSM:3221)?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Is New 90 Day High Low • Jan 20New 90-day low: NT$20.65The company is down 7.0% from its price of NT$22.25 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
분석 기사 • Dec 29Should Tai-Saw TechnologyLtd (GTSM:3221) Be Disappointed With Their 21% Profit?Buying a low-cost index fund will get you the average market return. But across the board there are plenty of stocks...
분석 기사 • Nov 24Tai-Saw TechnologyLtd (GTSM:3221) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 12Third quarter 2020 earnings released: NT$0.36 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$517.0m (down 5.3% from 3Q 2019). Net loss: NT$37.0m (down 482% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 96% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 29New 90-day low: NT$21.65The company is down 22% from its price of NT$27.90 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 12New 90-day low: NT$22.20The company is down 8.0% from its price of NT$24.05 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.