View Future GrowthJoinsoon Electronics Manufacturing 과거 순이익 실적과거 기준 점검 0/6Joinsoon Electronics Manufacturing 의 수입은 연평균 -42.4%의 비율로 감소해 온 반면, Electronic 산업은 연평균 2.7%의 비율로 증가했습니다. 매출은 연평균 4.9%의 비율로 감소해 왔습니다.핵심 정보-42.43%순이익 성장률-41.20%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률-4.89%자기자본이익률-7.49%순이익률-3.89%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability 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 96 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.공지 • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesNew Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).공지 • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.공지 • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability 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 96 percentage points per year, which is a significant difference in performance.New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.87b market cap, or US$62.4m).Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$59.7m).공지 • May 30Joinsoon Electronics Manufacturing CO., LTD. Approves Elections of DirectorsJoinsoon Electronics Manufacturing CO., LTD. at its 2025 annual general shareholders' meeting held on May 29, 2025, approved the election of Director: Huang, Chin-Chi and Independent Directors: Chen, I-Hsun, Chuang, Te-Min and Hsu, Mei-Man.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.공지 • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.공지 • Mar 12Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan공지 • Feb 07Joinsoon Electronics Manufacturing CO., LTD. to Report Fiscal Year 2024 Results on Mar 10, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report fiscal year 2024 results on Mar 10, 2025Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$697.9m (down 22% from 3Q 2023). Net loss: NT$44.7m (down 157% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공지 • Oct 22Joinsoon Electronics Manufacturing CO., LTD. to Report Q3, 2024 Results on Nov 07, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q3, 2024 results on Nov 07, 2024Upcoming Dividend • Sep 02Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 02 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.053 profit in 2Q 2023)Second quarter 2024 results: NT$0.21 loss per share (down from NT$0.053 profit in 2Q 2023). Revenue: NT$751.1m (up 28% from 2Q 2023). Net loss: NT$23.6m (down NT$29.4m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Declared Dividend • Aug 10Dividend reduced to NT$0.25Dividend of NT$0.25 is 58% lower than last year. Ex-date: 9th September 2024 Payment date: 2nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 35% EPS decline seen over the last 5 years.공지 • Aug 01Joinsoon Electronics Manufacturing CO., LTD. announced a financing transactionJoinsoon Electronics Manufacturing CO., LTD. announced that it will issue common shares to receive funding on July 30, 2024.공지 • Jul 27Joinsoon Electronics Manufacturing CO., LTD. to Report Q2, 2024 Results on Aug 08, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024Reported Earnings • May 19First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 1Q 2023). Revenue: NT$613.7m (up 9.2% from 1Q 2023). Net loss: NT$20.6m (loss widened 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.New Risk • May 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 Risks Earnings have declined by 1.2% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$2.41b market cap, or US$74.2m).Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$0.58 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.58 (down from NT$1.45 in FY 2022). Revenue: NT$2.73b (down 1.4% from FY 2022). Net income: NT$62.0m (down 60% from FY 2022). Profit margin: 2.3% (down from 5.6% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공지 • Mar 14Joinsoon Electronics Manufacturing CO., LTD. Approves Dividend Distribution for the Year Ended December 31, 2023Joinsoon Electronics Manufacturing CO., LTD. at the SBM held on March 12, 2024, the board has approved a dividend of appropriations of earnings in cash dividends to shareholders TWD 0.25 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders TWD 27,422,594.공지 • Mar 13Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024. Location: 7F.-10, No. 93, Sec. 1, Xintai 5th Rd., Xizhi Dist New Tapei City Taiwan Agenda: To consider Business Report of 2023; to consider Inspection Report of Audit Committee of 2023; to consider Report on 2023 emplyees's and directors' remuneration; to consider ReportSustainable Development Best Practice Principles; to consider Proposal of Business Report and Financial Statements 2023; to accept the Proposal of 2023 earnings distribution.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 5.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$2.68b market cap, or US$84.0m).New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% 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: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.53b market cap, or US$78.1m).Upcoming Dividend • Aug 29Upcoming dividend of NT$0.60 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.1% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.26b market cap, or US$70.8m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.12 in 2Q 2022). Revenue: NT$586.9m (up 4.7% from 2Q 2022). Net income: NT$5.73m (down 56% from 2Q 2022). Profit margin: 1.0% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.45 (vs NT$1.85 in FY 2021)Full year 2022 results: EPS: NT$1.45 (down from NT$1.85 in FY 2021). Revenue: NT$2.77b (down 31% from FY 2021). Net income: NT$155.9m (down 13% from FY 2021). Profit margin: 5.6% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$23.85, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 399% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.35 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.35 in 3Q 2021). Revenue: NT$822.0m (down 24% from 3Q 2021). Net income: NT$88.9m (up 163% from 3Q 2021). Profit margin: 11% (up from 3.1% in 3Q 2021). 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 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$19.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.Upcoming Dividend • Sep 06Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 05 October 2022. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.5%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.011 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.011 loss in 2Q 2021). Revenue: NT$560.7m (down 43% from 2Q 2021). Net income: NT$13.1m (up NT$14.2m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.95, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.10 in 1Q 2021)First quarter 2022 results: EPS: NT$0.29 (up from NT$0.10 in 1Q 2021). Revenue: NT$767.9m (down 15% from 1Q 2021). Net income: NT$31.2m (up 207% from 1Q 2021). Profit margin: 4.1% (up from 1.1% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$25.35, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.95, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.026 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$1.08b (up 31% from 3Q 2020). Net income: NT$33.8m (up NT$36.4m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). The move to profitability 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 117 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.01 loss per share (vs NT$0.067 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$977.6m (up 46% from 2Q 2020). Net loss: NT$1.07m (loss narrowed 83% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$901.2m (up 64% from 1Q 2020). Net income: NT$10.2m (up NT$36.4m from 1Q 2020). Profit margin: 1.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.분석 기사 • Apr 22Joinsoon Electronics Manufacturing (GTSM:3322) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공지 • Mar 20Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021.Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.41 loss per share (vs NT$0.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$2.94b (up 12% from FY 2019). Net loss: NT$39.4m (loss narrowed 53% from FY 2019). 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 27% per year, which means it is well ahead of earnings.분석 기사 • Mar 18If You Had Bought Joinsoon Electronics Manufacturing (GTSM:3322) Shares A Year Ago You'd Have Earned 268% ReturnsWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...분석 기사 • Feb 20We Think Joinsoon Electronics Manufacturing (GTSM:3322) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 20New 90-day high: NT$14.85The company is up 90% from its price of NT$7.80 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.분석 기사 • Jan 24Do Investors Have Good Reason To Be Wary Of Joinsoon Electronics Manufacturing CO., LTD.'s (GTSM:3322) 2.0% Dividend Yield?Today we'll take a closer look at Joinsoon Electronics Manufacturing CO., LTD. ( GTSM:3322 ) from a dividend investor's...Is New 90 Day High Low • Jan 14New 90-day high: NT$14.10The company is up 76% from its price of NT$7.99 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.분석 기사 • Dec 20What Can The Trends At Joinsoon Electronics Manufacturing (GTSM:3322) Tell Us About Their Returns?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Is New 90 Day High Low • Dec 11New 90-day high: NT$9.13The company is up 14% from its price of NT$8.02 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 15% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$824.7m (up 22% from 3Q 2019). Net loss: NT$2.55m (loss narrowed 69% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.매출 및 비용 세부 내역Joinsoon Electronics Manufacturing가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:3322 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Dec 253,004-11736016030 Sep 253,048-10336917030 Jun 252,983-14836918531 Mar 252,963-10037120231 Dec 242,826-10136420830 Sep 242,747-9935320430 Jun 242,9442535718331 Mar 242,7805435515431 Dec 232,7286233913330 Sep 232,6599532610930 Jun 232,5861053039731 Mar 232,5601122829431 Dec 222,7661562839730 Sep 223,22626930811130 Jun 223,48221433212731 Mar 223,89920035714031 Dec 214,03317937415430 Sep 213,8513937316530 Jun 213,597237217831 Mar 213,289-336018831 Dec 202,937-3934218430 Sep 202,836-3132517730 Jun 202,685-3730717231 Mar 202,606-6631317431 Dec 192,617-8331118830 Sep 192,606-7531519230 Jun 192,64833733318131 Mar 192,68537032917131 Dec 182,64031834016230 Sep 182,51727232815830 Jun 182,418-17131815131 Mar 182,339-17731214031 Dec 172,355-11330112530 Sep 172,291-9729512130 Jun 172,279-7329611831 Mar 172,246-10030311831 Dec 162,286-9832311630 Sep 162,310-11934010630 Jun 162,258-10533810431 Mar 162,229-10633610231 Dec 152,130-1063259930 Sep 152,123-5231310130 Jun 152,156-4230995양질의 수익: 3322 은(는) 현재 수익성이 없습니다.이익 마진 증가: 3322는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3322은 수익성이 없으며 지난 5년 동안 손실이 연평균 42.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 3322의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 3322은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(-1.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 3322는 현재 수익성이 없으므로 자본 수익률이 음수(-7.49%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 18:24종가2026/05/07 00:00수익2025/12/31연간 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 소스Joinsoon Electronics Manufacturing CO., LTD.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability 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 96 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
공지 • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
New Risk • Mar 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.73b market cap, or US$54.2m).
공지 • Mar 11Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: NT$0.96 loss per share (vs NT$0.87 loss in FY 2024)Full year 2025 results: NT$0.96 loss per share (further deteriorated from NT$0.87 loss in FY 2024). Revenue: NT$3.00b (up 6.3% from FY 2024). Net loss: NT$116.7m (loss widened 15% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
공지 • Dec 19Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering.Joinsoon Electronics Manufacturing CO., LTD. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,900
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.004 (vs NT$0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.004 (up from NT$0.37 loss in 3Q 2024). Revenue: NT$762.9m (up 9.3% from 3Q 2024). Net income: NT$435.0k (up NT$45.1m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability 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 96 percentage points per year, which is a significant difference in performance.
New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.87b market cap, or US$62.4m).
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.59 loss per share (vs NT$0.21 loss in 2Q 2024)Second quarter 2025 results: NT$0.59 loss per share (further deteriorated from NT$0.21 loss in 2Q 2024). Revenue: NT$770.8m (up 2.6% from 2Q 2024). Net loss: NT$71.6m (loss widened 203% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$59.7m).
공지 • May 30Joinsoon Electronics Manufacturing CO., LTD. Approves Elections of DirectorsJoinsoon Electronics Manufacturing CO., LTD. at its 2025 annual general shareholders' meeting held on May 29, 2025, approved the election of Director: Huang, Chin-Chi and Independent Directors: Chen, I-Hsun, Chuang, Te-Min and Hsu, Mei-Man.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.16 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$750.2m (up 22% from 1Q 2024). Net loss: NT$19.9m (loss narrowed 3.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
공지 • May 10Joinsoon Electronics Manufacturing CO., LTD. to Report Q1, 2025 Results on May 08, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q1, 2025 results on May 08, 2025
Reported Earnings • Mar 14Full year 2024 earnings released: NT$0.87 loss per share (vs NT$0.57 profit in FY 2023)Full year 2024 results: NT$0.87 loss per share (down from NT$0.57 profit in FY 2023). Revenue: NT$2.83b (up 3.6% from FY 2023). Net loss: NT$101.1m (down 263% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
공지 • Mar 12Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan
공지 • Feb 07Joinsoon Electronics Manufacturing CO., LTD. to Report Fiscal Year 2024 Results on Mar 10, 2025Joinsoon Electronics Manufacturing CO., LTD. announced that they will report fiscal year 2024 results on Mar 10, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: NT$697.9m (down 22% from 3Q 2023). Net loss: NT$44.7m (down 157% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공지 • Oct 22Joinsoon Electronics Manufacturing CO., LTD. to Report Q3, 2024 Results on Nov 07, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q3, 2024 results on Nov 07, 2024
Upcoming Dividend • Sep 02Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 02 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.053 profit in 2Q 2023)Second quarter 2024 results: NT$0.21 loss per share (down from NT$0.053 profit in 2Q 2023). Revenue: NT$751.1m (up 28% from 2Q 2023). Net loss: NT$23.6m (down NT$29.4m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Declared Dividend • Aug 10Dividend reduced to NT$0.25Dividend of NT$0.25 is 58% lower than last year. Ex-date: 9th September 2024 Payment date: 2nd October 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 35% EPS decline seen over the last 5 years.
공지 • Aug 01Joinsoon Electronics Manufacturing CO., LTD. announced a financing transactionJoinsoon Electronics Manufacturing CO., LTD. announced that it will issue common shares to receive funding on July 30, 2024.
공지 • Jul 27Joinsoon Electronics Manufacturing CO., LTD. to Report Q2, 2024 Results on Aug 08, 2024Joinsoon Electronics Manufacturing CO., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.12 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.12 loss in 1Q 2023). Revenue: NT$613.7m (up 9.2% from 1Q 2023). Net loss: NT$20.6m (loss widened 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
New Risk • May 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 Risks Earnings have declined by 1.2% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (NT$2.41b market cap, or US$74.2m).
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$0.58 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.58 (down from NT$1.45 in FY 2022). Revenue: NT$2.73b (down 1.4% from FY 2022). Net income: NT$62.0m (down 60% from FY 2022). Profit margin: 2.3% (down from 5.6% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공지 • Mar 14Joinsoon Electronics Manufacturing CO., LTD. Approves Dividend Distribution for the Year Ended December 31, 2023Joinsoon Electronics Manufacturing CO., LTD. at the SBM held on March 12, 2024, the board has approved a dividend of appropriations of earnings in cash dividends to shareholders TWD 0.25 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders TWD 27,422,594.
공지 • Mar 13Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 12, 2024. Location: 7F.-10, No. 93, Sec. 1, Xintai 5th Rd., Xizhi Dist New Tapei City Taiwan Agenda: To consider Business Report of 2023; to consider Inspection Report of Audit Committee of 2023; to consider Report on 2023 emplyees's and directors' remuneration; to consider ReportSustainable Development Best Practice Principles; to consider Proposal of Business Report and Financial Statements 2023; to accept the Proposal of 2023 earnings distribution.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 5.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$2.68b market cap, or US$84.0m).
New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% 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: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.53b market cap, or US$78.1m).
Upcoming Dividend • Aug 29Upcoming dividend of NT$0.60 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.1% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (NT$2.26b market cap, or US$70.8m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.12 in 2Q 2022). Revenue: NT$586.9m (up 4.7% from 2Q 2022). Net income: NT$5.73m (down 56% from 2Q 2022). Profit margin: 1.0% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.45 (vs NT$1.85 in FY 2021)Full year 2022 results: EPS: NT$1.45 (down from NT$1.85 in FY 2021). Revenue: NT$2.77b (down 31% from FY 2021). Net income: NT$155.9m (down 13% from FY 2021). Profit margin: 5.6% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$23.85, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 399% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$22.30, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$0.35 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (up from NT$0.35 in 3Q 2021). Revenue: NT$822.0m (down 24% from 3Q 2021). Net income: NT$88.9m (up 163% from 3Q 2021). Profit margin: 11% (up from 3.1% in 3Q 2021). 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 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$19.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 127% over the past three years.
Upcoming Dividend • Sep 06Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 05 October 2022. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.5%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.011 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.12 (up from NT$0.011 loss in 2Q 2021). Revenue: NT$560.7m (down 43% from 2Q 2021). Net income: NT$13.1m (up NT$14.2m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.95, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.10 in 1Q 2021)First quarter 2022 results: EPS: NT$0.29 (up from NT$0.10 in 1Q 2021). Revenue: NT$767.9m (down 15% from 1Q 2021). Net income: NT$31.2m (up 207% from 1Q 2021). Profit margin: 4.1% (up from 1.1% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$25.35, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 105% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 59.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 88% over the past three years.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to NT$28.95, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 119% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$19.95, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.026 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$1.08b (up 31% from 3Q 2020). Net income: NT$33.8m (up NT$36.4m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). The move to profitability 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 117 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.01 loss per share (vs NT$0.067 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$977.6m (up 46% from 2Q 2020). Net loss: NT$1.07m (loss narrowed 83% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.27 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$901.2m (up 64% from 1Q 2020). Net income: NT$10.2m (up NT$36.4m from 1Q 2020). Profit margin: 1.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
분석 기사 • Apr 22Joinsoon Electronics Manufacturing (GTSM:3322) Shareholders Will Want The ROCE Trajectory To ContinueIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공지 • Mar 20Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021Joinsoon Electronics Manufacturing CO., LTD., Annual General Meeting, Jun 11, 2021.
Reported Earnings • Mar 19Full year 2020 earnings released: NT$0.41 loss per share (vs NT$0.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$2.94b (up 12% from FY 2019). Net loss: NT$39.4m (loss narrowed 53% from FY 2019). 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 27% per year, which means it is well ahead of earnings.
분석 기사 • Mar 18If You Had Bought Joinsoon Electronics Manufacturing (GTSM:3322) Shares A Year Ago You'd Have Earned 268% ReturnsWhen you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that...
분석 기사 • Feb 20We Think Joinsoon Electronics Manufacturing (GTSM:3322) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 20New 90-day high: NT$14.85The company is up 90% from its price of NT$7.80 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period.
분석 기사 • Jan 24Do Investors Have Good Reason To Be Wary Of Joinsoon Electronics Manufacturing CO., LTD.'s (GTSM:3322) 2.0% Dividend Yield?Today we'll take a closer look at Joinsoon Electronics Manufacturing CO., LTD. ( GTSM:3322 ) from a dividend investor's...
Is New 90 Day High Low • Jan 14New 90-day high: NT$14.10The company is up 76% from its price of NT$7.99 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 26% over the same period.
분석 기사 • Dec 20What Can The Trends At Joinsoon Electronics Manufacturing (GTSM:3322) Tell Us About Their Returns?If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Is New 90 Day High Low • Dec 11New 90-day high: NT$9.13The company is up 14% from its price of NT$8.02 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 15% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$824.7m (up 22% from 3Q 2019). Net loss: NT$2.55m (loss narrowed 69% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.