View Future GrowthACULA Technology 과거 순이익 실적과거 기준 점검 0/6ACULA Technology은 연평균 8.6%의 비율로 수입이 증가해 온 반면, Electronic 산업은 연평균 0.6%의 비율로 증가했습니다. 매출은 연평균 2%의 비율로 감소했습니다.핵심 정보8.57%순이익 성장률14.73%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률-1.97%자기자본이익률-0.12%순이익률-0.10%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$116.2m (down 49% from 1Q 2025). Net income: NT$2.80m (down 85% from 1Q 2025). Profit margin: 2.4% (down from 8.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$0.47 (down from NT$1.54 in FY 2024). Revenue: NT$691.3m (down 5.0% from FY 2024). Net income: NT$15.7m (down 66% from FY 2024). Profit margin: 2.3% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.17 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.04 (down from NT$0.17 in 3Q 2024). Revenue: NT$137.3m (down 8.4% from 3Q 2024). Net income: NT$1.33m (down 74% from 3Q 2024). Profit margin: 1.0% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.54 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.54 in 1Q 2024). Revenue: NT$228.0m (up 13% from 1Q 2024). Net income: NT$19.1m (up 27% from 1Q 2024). Profit margin: 8.4% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$1.67 (vs NT$0.53 in FY 2023)Full year 2024 results: EPS: NT$1.67 (up from NT$0.53 in FY 2023). Revenue: NT$728.1m (up 16% from FY 2023). Net income: NT$46.7m (up 214% from FY 2023). Profit margin: 6.4% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.18 (down from NT$0.28 in 3Q 2023). Revenue: NT$149.8m (up 1.9% from 3Q 2023). Net income: NT$5.12m (down 35% from 3Q 2023). Profit margin: 3.4% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updatesReported Earnings • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$116.2m (down 49% from 1Q 2025). Net income: NT$2.80m (down 85% from 1Q 2025). Profit margin: 2.4% (down from 8.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$1.00b market cap, or US$31.6m).공시 • Mar 16ACULA Technology Corp., Annual General Meeting, Jun 17, 2026ACULA Technology Corp., Annual General Meeting, Jun 17, 2026. Location: no,11 aly.21 ln.20, ta hsing rd., hsin chuang li, lujhu district, taoyuan city TaiwanReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$0.47 (down from NT$1.54 in FY 2024). Revenue: NT$691.3m (down 5.0% from FY 2024). Net income: NT$15.7m (down 66% from FY 2024). Profit margin: 2.3% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Nov 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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: Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$1.13b market cap, or US$35.9m).Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.17 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.04 (down from NT$0.17 in 3Q 2024). Revenue: NT$137.3m (down 8.4% from 3Q 2024). Net income: NT$1.33m (down 74% from 3Q 2024). Profit margin: 1.0% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 27Upcoming dividend of NT$0.44 per shareEligible shareholders must have bought the stock before 03 September 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.5%).Declared Dividend • Aug 09Dividend of NT$0.52 announcedShareholders will receive a dividend of NT$0.52. Ex-date: 3rd September 2025 Payment date: 17th September 2025 Dividend yield will be 1.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (29% 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 increased by an average of 7.0% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.54 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.54 in 1Q 2024). Revenue: NT$228.0m (up 13% from 1Q 2024). Net income: NT$19.1m (up 27% from 1Q 2024). Profit margin: 8.4% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$62.40, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 142% over the past three years.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 32%After last week's 32% share price gain to NT$43.60, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$1.67 (vs NT$0.53 in FY 2023)Full year 2024 results: EPS: NT$1.67 (up from NT$0.53 in FY 2023). Revenue: NT$728.1m (up 16% from FY 2023). Net income: NT$46.7m (up 214% from FY 2023). Profit margin: 6.4% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Mar 18New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.06b market cap, or US$32.1m).Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 101% over the past three years.공시 • Mar 14ACULA Technology Corp., Annual General Meeting, Jun 10, 2025ACULA Technology Corp., Annual General Meeting, Jun 10, 2025. Location: no,11 aly.21 ln.20, ta hsing rd., hsin chuang li, lujhu district, taoyuan city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.18 (down from NT$0.28 in 3Q 2023). Revenue: NT$149.8m (up 1.9% from 3Q 2023). Net income: NT$5.12m (down 35% from 3Q 2023). Profit margin: 3.4% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.35 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.56 (up from NT$0.35 in 2Q 2023). Revenue: NT$194.9m (down 4.1% from 2Q 2023). Net income: NT$15.1m (up 61% from 2Q 2023). Profit margin: 7.8% (up from 4.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Aug 10Dividend of NT$0.15 announcedShareholders will receive a dividend of NT$0.15. Ex-date: 26th August 2024 Payment date: 25th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.0%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 22%.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$24.30, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 120% over the past three years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.029 in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.029 in 1Q 2023). Revenue: NT$202.1m (up 37% from 1Q 2023). Net income: NT$15.1m (up NT$14.3m from 1Q 2023). Profit margin: 7.5% (up from 0.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year.공시 • Mar 27ACULA Technology Corp., Annual General Meeting, Jun 13, 2024ACULA Technology Corp., Annual General Meeting, Jun 13, 2024.New Risk • Mar 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$922.1m market cap, or US$29.2m).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.50, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 208% over the past three years.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$847.6m market cap, or US$27.1m).Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$33.95, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 209% over the past three years.New Risk • Nov 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 5.8% 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 Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$748.8m market cap, or US$23.5m).Upcoming Dividend • Aug 17Upcoming dividend of NT$0.35 per share at 1.0% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.0% 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: Minor Risks Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Market cap is less than US$100m (NT$714.6m market cap, or US$22.5m).Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.39 (vs NT$0.52 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.39 (down from NT$0.52 in 2Q 2022). Revenue: NT$203.2m (down 3.1% from 2Q 2022). Net income: NT$9.40m (down 24% from 2Q 2022). Profit margin: 4.6% (down from 5.9% 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 86% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.68 (vs NT$0.78 in FY 2021)Full year 2022 results: EPS: NT$1.68 (up from NT$0.78 in FY 2021). Revenue: NT$764.8m (down 4.3% from FY 2021). Net income: NT$40.3m (up 116% from FY 2021). Profit margin: 5.3% (up from 2.3% 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 77% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 125% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$31.05, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.75 (vs NT$0.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.75 (up from NT$0.29 in 3Q 2021). Revenue: NT$203.6m (up 3.3% from 3Q 2021). Net income: NT$18.0m (up 159% from 3Q 2021). Profit margin: 8.8% (up from 3.5% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$25.75, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 109% over the past three years.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$20.50, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 60% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$23.15, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 81% over the past three years.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$33.05, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.52 (vs NT$0.086 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.52 (up from NT$0.086 in 2Q 2021). Revenue: NT$209.7m (down 3.8% from 2Q 2021). Net income: NT$12.4m (up NT$10.4m from 2Q 2021). Profit margin: 5.9% (up from 0.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.40, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.Upcoming Dividend • Jul 04Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 15 August 2022. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.9%).Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$0.47 (vs NT$0.078 in 1Q 2021)First quarter 2022 results: EPS: NT$0.47 (up from NT$0.078 in 1Q 2021). Revenue: NT$214.8m (up 24% from 1Q 2021). Net income: NT$10.7m (up NT$8.91m from 1Q 2021). Profit margin: 5.0% (up from 1.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$25.00, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$22.85, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.82 (up from NT$0.45 loss in FY 2020). Revenue: NT$799.0m (up 53% from FY 2020). Net income: NT$18.6m (up NT$28.8m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.80, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 85% over the past three years.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$218.0m (up 112% from 2Q 2020). Net income: NT$2.07m (up NT$5.69m from 2Q 2020). Profit margin: 0.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.06 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$173.0m (up 37% from 1Q 2020). Net income: NT$1.78m (up NT$3.15m from 1Q 2020). Profit margin: 1.0% (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 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.분석 기사 • Apr 05Are Dividend Investors Making A Mistake With ACULA Technology Corp. (GTSM:3434)?Dividend paying stocks like ACULA Technology Corp. ( GTSM:3434 ) tend to be popular with investors, and for good reason...공시 • Mar 09ACULA Technology Corp., Annual General Meeting, May 25, 2021ACULA Technology Corp., Annual General Meeting, May 25, 2021.Reported Earnings • Mar 06Full year 2020 earnings released: NT$0.45 loss per share (vs NT$0.83 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$521.6m (down 25% from FY 2019). Net loss: NT$10.2m (down 154% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.분석 기사 • Feb 11Here's Why ACULA Technology (GTSM:3434) Can Afford Some 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 • Jan 20New 90-day low: NT$13.40The company is down 2.0% from its price of NT$13.65 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 20Investors In ACULA Technology Corp. (GTSM:3434) Should Consider This, FirstDividend paying stocks like ACULA Technology Corp. ( GTSM:3434 ) tend to be popular with investors, and for good reason...Is New 90 Day High Low • Nov 12New 90-day high: NT$14.50The company is up 16% from its price of NT$12.55 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.27 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$123.2m (down 22% from 3Q 2019). Net loss: NT$6.23m (down 299% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.매출 및 비용 세부 내역ACULA Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:3434 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26579-1623531 Dec 2569116673730 Sep 2571521693830 Jun 2572825693731 Mar 2575451723831 Dec 2472847703630 Sep 2467632643330 Jun 2467435633431 Mar 2468229603631 Dec 2362815563530 Sep 2363517573630 Jun 2369227573831 Mar 2369830563831 Dec 2276540593830 Sep 2283949594030 Jun 2283338573831 Mar 2284128603731 Dec 2179919573630 Sep 2175712533830 Jun 21683-1523831 Mar 21568-7483731 Dec 20522-10483730 Sep 20535-8503730 Jun 205701533631 Mar 2064211563731 Dec 1969419563730 Sep 1971524603730 Jun 1973527593731 Mar 1973928573831 Dec 187347614030 Sep 187094603630 Jun 18698-3603731 Mar 18685-7613631 Dec 176791563530 Sep 176796573730 Jun 1771211593631 Mar 1771913593731 Dec 1671521583630 Sep 1672817563830 Jun 1671322543731 Mar 1669516533331 Dec 1570116533330 Sep 1570014543330 Jun 1568795532양질의 수익: 3434 은(는) 현재 수익성이 없습니다.이익 마진 증가: 3434는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3434는 수익성이 없지만 지난 5년 동안 연평균 8.6%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 3434의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 3434은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(-4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 3434는 현재 수익성이 없으므로 자본 수익률이 음수(-0.12%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/21 09:23종가2026/06/18 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ACULA Technology Corp.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 • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$116.2m (down 49% from 1Q 2025). Net income: NT$2.80m (down 85% from 1Q 2025). Profit margin: 2.4% (down from 8.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$0.47 (down from NT$1.54 in FY 2024). Revenue: NT$691.3m (down 5.0% from FY 2024). Net income: NT$15.7m (down 66% from FY 2024). Profit margin: 2.3% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.17 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.04 (down from NT$0.17 in 3Q 2024). Revenue: NT$137.3m (down 8.4% from 3Q 2024). Net income: NT$1.33m (down 74% from 3Q 2024). Profit margin: 1.0% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.54 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.54 in 1Q 2024). Revenue: NT$228.0m (up 13% from 1Q 2024). Net income: NT$19.1m (up 27% from 1Q 2024). Profit margin: 8.4% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$1.67 (vs NT$0.53 in FY 2023)Full year 2024 results: EPS: NT$1.67 (up from NT$0.53 in FY 2023). Revenue: NT$728.1m (up 16% from FY 2023). Net income: NT$46.7m (up 214% from FY 2023). Profit margin: 6.4% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.18 (down from NT$0.28 in 3Q 2023). Revenue: NT$149.8m (up 1.9% from 3Q 2023). Net income: NT$5.12m (down 35% from 3Q 2023). Profit margin: 3.4% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$116.2m (down 49% from 1Q 2025). Net income: NT$2.80m (down 85% from 1Q 2025). Profit margin: 2.4% (down from 8.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$1.00b market cap, or US$31.6m).
공시 • Mar 16ACULA Technology Corp., Annual General Meeting, Jun 17, 2026ACULA Technology Corp., Annual General Meeting, Jun 17, 2026. Location: no,11 aly.21 ln.20, ta hsing rd., hsin chuang li, lujhu district, taoyuan city Taiwan
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$1.54 in FY 2024)Full year 2025 results: EPS: NT$0.47 (down from NT$1.54 in FY 2024). Revenue: NT$691.3m (down 5.0% from FY 2024). Net income: NT$15.7m (down 66% from FY 2024). Profit margin: 2.3% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Nov 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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: Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$1.13b market cap, or US$35.9m).
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.17 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.04 (down from NT$0.17 in 3Q 2024). Revenue: NT$137.3m (down 8.4% from 3Q 2024). Net income: NT$1.33m (down 74% from 3Q 2024). Profit margin: 1.0% (down from 3.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 27Upcoming dividend of NT$0.44 per shareEligible shareholders must have bought the stock before 03 September 2025. Payment date: 17 September 2025. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.5%).
Declared Dividend • Aug 09Dividend of NT$0.52 announcedShareholders will receive a dividend of NT$0.52. Ex-date: 3rd September 2025 Payment date: 17th September 2025 Dividend yield will be 1.3%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (29% 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 increased by an average of 7.0% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.54 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.54 in 1Q 2024). Revenue: NT$228.0m (up 13% from 1Q 2024). Net income: NT$19.1m (up 27% from 1Q 2024). Profit margin: 8.4% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$62.40, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 142% over the past three years.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 32%After last week's 32% share price gain to NT$43.60, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$1.67 (vs NT$0.53 in FY 2023)Full year 2024 results: EPS: NT$1.67 (up from NT$0.53 in FY 2023). Revenue: NT$728.1m (up 16% from FY 2023). Net income: NT$46.7m (up 214% from FY 2023). Profit margin: 6.4% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Mar 18New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.06b market cap, or US$32.1m).
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 101% over the past three years.
공시 • Mar 14ACULA Technology Corp., Annual General Meeting, Jun 10, 2025ACULA Technology Corp., Annual General Meeting, Jun 10, 2025. Location: no,11 aly.21 ln.20, ta hsing rd., hsin chuang li, lujhu district, taoyuan city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.18 (vs NT$0.28 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.18 (down from NT$0.28 in 3Q 2023). Revenue: NT$149.8m (up 1.9% from 3Q 2023). Net income: NT$5.12m (down 35% from 3Q 2023). Profit margin: 3.4% (down from 5.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.35 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.56 (up from NT$0.35 in 2Q 2023). Revenue: NT$194.9m (down 4.1% from 2Q 2023). Net income: NT$15.1m (up 61% from 2Q 2023). Profit margin: 7.8% (up from 4.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Aug 10Dividend of NT$0.15 announcedShareholders will receive a dividend of NT$0.15. Ex-date: 26th August 2024 Payment date: 25th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 4.0%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 22%.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$24.30, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 120% over the past three years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.029 in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.029 in 1Q 2023). Revenue: NT$202.1m (up 37% from 1Q 2023). Net income: NT$15.1m (up NT$14.3m from 1Q 2023). Profit margin: 7.5% (up from 0.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year.
공시 • Mar 27ACULA Technology Corp., Annual General Meeting, Jun 13, 2024ACULA Technology Corp., Annual General Meeting, Jun 13, 2024.
New Risk • Mar 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$922.1m market cap, or US$29.2m).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.50, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 208% over the past three years.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$847.6m market cap, or US$27.1m).
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$33.95, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 209% over the past three years.
New Risk • Nov 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 5.8% 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 Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (NT$748.8m market cap, or US$23.5m).
Upcoming Dividend • Aug 17Upcoming dividend of NT$0.35 per share at 1.0% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.0% 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: Minor Risks Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Market cap is less than US$100m (NT$714.6m market cap, or US$22.5m).
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.39 (vs NT$0.52 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.39 (down from NT$0.52 in 2Q 2022). Revenue: NT$203.2m (down 3.1% from 2Q 2022). Net income: NT$9.40m (down 24% from 2Q 2022). Profit margin: 4.6% (down from 5.9% 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 86% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.68 (vs NT$0.78 in FY 2021)Full year 2022 results: EPS: NT$1.68 (up from NT$0.78 in FY 2021). Revenue: NT$764.8m (down 4.3% from FY 2021). Net income: NT$40.3m (up 116% from FY 2021). Profit margin: 5.3% (up from 2.3% 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 77% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 125% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$31.05, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.75 (vs NT$0.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.75 (up from NT$0.29 in 3Q 2021). Revenue: NT$203.6m (up 3.3% from 3Q 2021). Net income: NT$18.0m (up 159% from 3Q 2021). Profit margin: 8.8% (up from 3.5% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$25.75, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 109% over the past three years.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$20.50, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 60% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$23.15, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 81% over the past three years.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$33.05, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.52 (vs NT$0.086 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.52 (up from NT$0.086 in 2Q 2021). Revenue: NT$209.7m (down 3.8% from 2Q 2021). Net income: NT$12.4m (up NT$10.4m from 2Q 2021). Profit margin: 5.9% (up from 0.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.40, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 107% over the past three years.
Upcoming Dividend • Jul 04Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 15 August 2022. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.9%).
Reported Earnings • May 06First quarter 2022 earnings released: EPS: NT$0.47 (vs NT$0.078 in 1Q 2021)First quarter 2022 results: EPS: NT$0.47 (up from NT$0.078 in 1Q 2021). Revenue: NT$214.8m (up 24% from 1Q 2021). Net income: NT$10.7m (up NT$8.91m from 1Q 2021). Profit margin: 5.0% (up from 1.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$25.00, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$22.85, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.82 (up from NT$0.45 loss in FY 2020). Revenue: NT$799.0m (up 53% from FY 2020). Net income: NT$18.6m (up NT$28.8m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.80, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 85% over the past three years.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$218.0m (up 112% from 2Q 2020). Net income: NT$2.07m (up NT$5.69m from 2Q 2020). Profit margin: 0.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.06 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$173.0m (up 37% from 1Q 2020). Net income: NT$1.78m (up NT$3.15m from 1Q 2020). Profit margin: 1.0% (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 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
분석 기사 • Apr 05Are Dividend Investors Making A Mistake With ACULA Technology Corp. (GTSM:3434)?Dividend paying stocks like ACULA Technology Corp. ( GTSM:3434 ) tend to be popular with investors, and for good reason...
공시 • Mar 09ACULA Technology Corp., Annual General Meeting, May 25, 2021ACULA Technology Corp., Annual General Meeting, May 25, 2021.
Reported Earnings • Mar 06Full year 2020 earnings released: NT$0.45 loss per share (vs NT$0.83 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$521.6m (down 25% from FY 2019). Net loss: NT$10.2m (down 154% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
분석 기사 • Feb 11Here's Why ACULA Technology (GTSM:3434) Can Afford Some 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 • Jan 20New 90-day low: NT$13.40The company is down 2.0% from its price of NT$13.65 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 20Investors In ACULA Technology Corp. (GTSM:3434) Should Consider This, FirstDividend paying stocks like ACULA Technology Corp. ( GTSM:3434 ) tend to be popular with investors, and for good reason...
Is New 90 Day High Low • Nov 12New 90-day high: NT$14.50The company is up 16% from its price of NT$12.55 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.
Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.27 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$123.2m (down 22% from 3Q 2019). Net loss: NT$6.23m (down 299% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.