View Financial HealthAdvanced Connection Technology 배당 및 자사주 매입배당 기준 점검 3/6Advanced Connection Technology 수익으로 충분히 충당되는 현재 수익률 4.42% 보유한 배당금 지급 회사입니다.핵심 정보4.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-9.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향51%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Upcoming Dividend • Aug 21Upcoming dividend of NT$0.33 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.8%).Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 27 September 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).Upcoming Dividend • Jul 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 17 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.9%).Upcoming Dividend • Aug 24Upcoming dividend of NT$0.28 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).모든 업데이트 보기Recent updatesReported Earnings • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$197.4m (down 11% from 1Q 2025). Net income: NT$10.9m (down 47% from 1Q 2025). Profit margin: 5.5% (down from 9.3% 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 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 25Full year 2025 earnings released: EPS: NT$1.77 (vs NT$1.62 in FY 2024)Full year 2025 results: EPS: NT$1.77 (up from NT$1.62 in FY 2024). Revenue: NT$851.7m (up 4.7% from FY 2024). Net income: NT$63.0m (up 9.3% from FY 2024). Profit margin: 7.4% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings growth.공시 • Mar 13Advanced Connection Technology Inc., Annual General Meeting, Jun 22, 2026Advanced Connection Technology Inc., Annual General Meeting, Jun 22, 2026. Location: 10 floor no,69, sec.2 chung cheng e. rd., danshuei district, new taipei city TaiwanValuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$26.50, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 52% over the past three years.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$28.45, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.42 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.64 (up from NT$0.42 in 3Q 2024). Revenue: NT$204.0m (down 6.9% from 3Q 2024). Net income: NT$22.6m (up 50% from 3Q 2024). Profit margin: 11% (up from 6.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.49 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.41 (down from NT$0.49 in 2Q 2024). Revenue: NT$218.2m (up 9.9% from 2Q 2024). Net income: NT$14.6m (down 16% from 2Q 2024). Profit margin: 6.7% (down from 8.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).New Risk • May 26New 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 8.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (NT$989.6m market cap, or US$33.0m).New Risk • May 25New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$900.7m market cap, or US$30.0m).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$26.70, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.Reported Earnings • May 12First quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.37 in 1Q 2024)First quarter 2025 results: EPS: NT$0.58 (up from NT$0.37 in 1Q 2024). Revenue: NT$221.5m (up 24% from 1Q 2024). Net income: NT$20.7m (up 56% from 1Q 2024). Profit margin: 9.3% (up from 7.4% 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 25% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$19.55, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.공시 • Mar 18Advanced Connection Technology Inc., Annual General Meeting, Jun 23, 2025Advanced Connection Technology Inc., Annual General Meeting, Jun 23, 2025, at 09:00 Taipei Standard Time. Location: 10 floor no,69, sec.2 chung cheng e. rd., danshuei district, new taipei city TaiwanNew Risk • Mar 10New 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: 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$920.3m market cap, or US$28.0m).Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$29.10, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 58% over the past three years.Buy Or Sell Opportunity • Feb 10Now 28% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$27.70. The fair value is estimated to be NT$21.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 20%.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.42 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.42 (down from NT$0.59 in 3Q 2023). Revenue: NT$219.0m (up 14% from 3Q 2023). Net income: NT$15.1m (down 28% from 3Q 2023). Profit margin: 6.9% (down from 11% 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 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.25, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.Upcoming Dividend • Aug 21Upcoming dividend of NT$0.33 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.8%).Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.49 (up from NT$0.18 in 2Q 2023). Revenue: NT$198.7m (up 3.9% from 2Q 2023). Net income: NT$17.4m (up 179% from 2Q 2023). Profit margin: 8.8% (up from 3.3% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.Buy Or Sell Opportunity • Aug 07Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$22.85. The fair value is estimated to be NT$17.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$34.35, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 98% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$25.60, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.005 in 1Q 2023)First quarter 2024 results: EPS: NT$0.37 (up from NT$0.005 in 1Q 2023). Revenue: NT$178.9m (up 13% from 1Q 2023). Net income: NT$13.3m (up NT$13.1m from 1Q 2023). Profit margin: 7.4% (up from 0.1% 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 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$0.63 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.63 (down from NT$1.45 in FY 2022). Revenue: NT$722.9m (down 3.7% from FY 2022). Net income: NT$22.3m (down 57% from FY 2022). Profit margin: 3.1% (down from 6.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Mar 22Advanced Connection Technology Inc., Annual General Meeting, Jun 20, 2024Advanced Connection Technology Inc., Annual General Meeting, Jun 20, 2024.New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.1% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 123% Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (NT$659.1m market cap, or US$20.6m).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.59 (vs NT$0.74 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.59 (down from NT$0.74 in 3Q 2022). Revenue: NT$192.5m (down 6.2% from 3Q 2022). Net income: NT$21.0m (down 20% from 3Q 2022). Profit margin: 11% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 27 September 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$0.47 in 2Q 2022). Revenue: NT$191.1m (down 6.4% from 2Q 2022). Net income: NT$6.25m (down 63% from 2Q 2022). Profit margin: 3.3% (down from 8.2% 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 36% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.New Risk • Jul 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 117% Dividend yield: 5.1% 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: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (117% cash payout ratio). Market cap is less than US$100m (NT$696.4m market cap, or US$22.5m).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.74 (vs NT$0.091 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.74 (up from NT$0.091 in 3Q 2021). Revenue: NT$205.3m (up 16% from 3Q 2021). Net income: NT$26.4m (up NT$23.1m from 3Q 2021). Profit margin: 13% (up from 1.8% in 3Q 2021). The increase in margin was driven by higher revenue. 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 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.47 (vs NT$0.11 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.47 (up from NT$0.11 in 2Q 2021). Revenue: NT$204.1m (up 5.7% from 2Q 2021). Net income: NT$16.7m (up 337% from 2Q 2021). Profit margin: 8.2% (up from 2.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 17 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.9%).Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.19 (vs NT$0.43 in 1Q 2021)First quarter 2022 results: EPS: NT$0.19 (down from NT$0.43 in 1Q 2021). Revenue: NT$162.0m (down 21% from 1Q 2021). Net income: NT$6.82m (down 56% from 1Q 2021). Profit margin: 4.2% (down from 7.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$0.50 (vs NT$0.42 in FY 2020)Full year 2021 results: EPS: NT$0.50 (up from NT$0.42 in FY 2020). Revenue: NT$749.3m (up 11% from FY 2020). Net income: NT$17.8m (up 19% from FY 2020). Profit margin: 2.4% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.00, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 34% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$177.5m (up 1.1% from 3Q 2020). Net income: NT$3.24m (down 56% from 3Q 2020). Profit margin: 1.8% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 15% over the past three years.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$21.55, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 15% over the past three years.Upcoming Dividend • Aug 24Upcoming dividend of NT$0.28 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.17 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$193.1m (up 50% from 2Q 2020). Net income: NT$3.83m (up NT$10.1m from 2Q 2020). Profit margin: 2.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$22.90, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.분석 기사 • Apr 10Is Advanced Connection Technology Inc. (GTSM:3492) A Good Dividend Stock?Could Advanced Connection Technology Inc. ( GTSM:3492 ) be an attractive dividend share to own for the long haul...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.42 (vs NT$1.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$675.9m (down 11% from FY 2019). Net income: NT$15.0m (down 65% from FY 2019). Profit margin: 2.2% (down from 5.6% in FY 2019). The decrease in margin was driven by lower 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 10% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 15Be Wary Of Advanced Connection Technology (GTSM:3492) And Its Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...Is New 90 Day High Low • Mar 10New 90-day high: NT$20.65The company is up 32% from its price of NT$15.65 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.분석 기사 • Feb 15Advanced Connection Technology Inc.'s (GTSM:3492) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Advanced Connection Technology (GTSM:3492) has had a great run on the share market with its stock up by a significant...Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$19.95, the stock is trading at a trailing P/E ratio of 53.1x, up from the previous P/E ratio of 42.8x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 16%.분석 기사 • Jan 07Should You Buy Advanced Connection Technology Inc. (GTSM:3492) For Its 4.8% Dividend?Is Advanced Connection Technology Inc. ( GTSM:3492 ) a good dividend stock? How can we tell? Dividend paying companies...Is New 90 Day High Low • Dec 25New 90-day high: NT$16.20The company is up 12% from its price of NT$14.45 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.분석 기사 • Dec 12The Returns On Capital At Advanced Connection Technology (GTSM:3492) Don't Inspire ConfidenceWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...Is New 90 Day High Low • Dec 02New 90-day high: NT$16.10The company is up 8.0% from its price of NT$14.85 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 7.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.21The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$175.5m (down 9.2% from 3Q 2019). Net income: NT$7.40m (down 49% from 3Q 2019). Profit margin: 4.2% (down from 7.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$14.45The company is down 14% from its price of NT$16.80 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 3492 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 3492 의 배당금 지급액은 지난 10 년 동안 증가하지 않았습니다.배당 수익률 vs 시장Advanced Connection Technology 배당 수익률 vs 시장3492의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3492)4.4%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Electronic)1.3%분석가 예측 (3492) (최대 3년)n/a주목할만한 배당금: 3492 의 배당금( 4.42% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.39% )보다 높습니다.고배당: 3492 의 배당금( 4.42% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.97% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 50.9% )을 통해 3492 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현재 현금 지급 비율 ( 80.7% )에서 3492 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 04:47종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Advanced Connection Technology Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jihong LaiCapital Securities Corporation
Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Upcoming Dividend • Aug 21Upcoming dividend of NT$0.33 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.8%).
Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 27 September 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).
Upcoming Dividend • Jul 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 17 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.9%).
Upcoming Dividend • Aug 24Upcoming dividend of NT$0.28 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Reported Earnings • May 09First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: NT$197.4m (down 11% from 1Q 2025). Net income: NT$10.9m (down 47% from 1Q 2025). Profit margin: 5.5% (down from 9.3% 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 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: NT$1.77 (vs NT$1.62 in FY 2024)Full year 2025 results: EPS: NT$1.77 (up from NT$1.62 in FY 2024). Revenue: NT$851.7m (up 4.7% from FY 2024). Net income: NT$63.0m (up 9.3% from FY 2024). Profit margin: 7.4% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings growth.
공시 • Mar 13Advanced Connection Technology Inc., Annual General Meeting, Jun 22, 2026Advanced Connection Technology Inc., Annual General Meeting, Jun 22, 2026. Location: 10 floor no,69, sec.2 chung cheng e. rd., danshuei district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$26.50, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 52% over the past three years.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$28.45, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.42 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.64 (up from NT$0.42 in 3Q 2024). Revenue: NT$204.0m (down 6.9% from 3Q 2024). Net income: NT$22.6m (up 50% from 3Q 2024). Profit margin: 11% (up from 6.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.49 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.41 (down from NT$0.49 in 2Q 2024). Revenue: NT$218.2m (up 9.9% from 2Q 2024). Net income: NT$14.6m (down 16% from 2Q 2024). Profit margin: 6.7% (down from 8.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
New Risk • May 26New 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 8.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (NT$989.6m market cap, or US$33.0m).
New Risk • May 25New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$900.7m market cap, or US$30.0m).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$26.70, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.
Reported Earnings • May 12First quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.37 in 1Q 2024)First quarter 2025 results: EPS: NT$0.58 (up from NT$0.37 in 1Q 2024). Revenue: NT$221.5m (up 24% from 1Q 2024). Net income: NT$20.7m (up 56% from 1Q 2024). Profit margin: 9.3% (up from 7.4% 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 25% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$19.55, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.
공시 • Mar 18Advanced Connection Technology Inc., Annual General Meeting, Jun 23, 2025Advanced Connection Technology Inc., Annual General Meeting, Jun 23, 2025, at 09:00 Taipei Standard Time. Location: 10 floor no,69, sec.2 chung cheng e. rd., danshuei district, new taipei city Taiwan
New Risk • Mar 10New 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: 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$920.3m market cap, or US$28.0m).
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$29.10, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 58% over the past three years.
Buy Or Sell Opportunity • Feb 10Now 28% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$27.70. The fair value is estimated to be NT$21.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 20%.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.42 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.42 (down from NT$0.59 in 3Q 2023). Revenue: NT$219.0m (up 14% from 3Q 2023). Net income: NT$15.1m (down 28% from 3Q 2023). Profit margin: 6.9% (down from 11% 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 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$31.25, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years.
Upcoming Dividend • Aug 21Upcoming dividend of NT$0.33 per shareEligible shareholders must have bought the stock before 28 August 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.8%).
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.18 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.49 (up from NT$0.18 in 2Q 2023). Revenue: NT$198.7m (up 3.9% from 2Q 2023). Net income: NT$17.4m (up 179% from 2Q 2023). Profit margin: 8.8% (up from 3.3% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years.
Buy Or Sell Opportunity • Aug 07Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to NT$22.85. The fair value is estimated to be NT$17.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$34.35, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 98% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$25.60, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 41% over the past three years.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.005 in 1Q 2023)First quarter 2024 results: EPS: NT$0.37 (up from NT$0.005 in 1Q 2023). Revenue: NT$178.9m (up 13% from 1Q 2023). Net income: NT$13.3m (up NT$13.1m from 1Q 2023). Profit margin: 7.4% (up from 0.1% 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 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$0.63 (vs NT$1.45 in FY 2022)Full year 2023 results: EPS: NT$0.63 (down from NT$1.45 in FY 2022). Revenue: NT$722.9m (down 3.7% from FY 2022). Net income: NT$22.3m (down 57% from FY 2022). Profit margin: 3.1% (down from 6.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Mar 22Advanced Connection Technology Inc., Annual General Meeting, Jun 20, 2024Advanced Connection Technology Inc., Annual General Meeting, Jun 20, 2024.
New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 6.1% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 123% Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (NT$659.1m market cap, or US$20.6m).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.59 (vs NT$0.74 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.59 (down from NT$0.74 in 3Q 2022). Revenue: NT$192.5m (down 6.2% from 3Q 2022). Net income: NT$21.0m (down 20% from 3Q 2022). Profit margin: 11% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 27 September 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.2%).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.18 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.18 (down from NT$0.47 in 2Q 2022). Revenue: NT$191.1m (down 6.4% from 2Q 2022). Net income: NT$6.25m (down 63% from 2Q 2022). Profit margin: 3.3% (down from 8.2% 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 36% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 18New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 117% Dividend yield: 5.1% 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: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (117% cash payout ratio). Market cap is less than US$100m (NT$696.4m market cap, or US$22.5m).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.74 (vs NT$0.091 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.74 (up from NT$0.091 in 3Q 2021). Revenue: NT$205.3m (up 16% from 3Q 2021). Net income: NT$26.4m (up NT$23.1m from 3Q 2021). Profit margin: 13% (up from 1.8% in 3Q 2021). The increase in margin was driven by higher revenue. 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 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.47 (vs NT$0.11 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.47 (up from NT$0.11 in 2Q 2021). Revenue: NT$204.1m (up 5.7% from 2Q 2021). Net income: NT$16.7m (up 337% from 2Q 2021). Profit margin: 8.2% (up from 2.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 17 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (4.9%).
Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.19 (vs NT$0.43 in 1Q 2021)First quarter 2022 results: EPS: NT$0.19 (down from NT$0.43 in 1Q 2021). Revenue: NT$162.0m (down 21% from 1Q 2021). Net income: NT$6.82m (down 56% from 1Q 2021). Profit margin: 4.2% (down from 7.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$0.50 (vs NT$0.42 in FY 2020)Full year 2021 results: EPS: NT$0.50 (up from NT$0.42 in FY 2020). Revenue: NT$749.3m (up 11% from FY 2020). Net income: NT$17.8m (up 19% from FY 2020). Profit margin: 2.4% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.00, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.21 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$177.5m (up 1.1% from 3Q 2020). Net income: NT$3.24m (down 56% from 3Q 2020). Profit margin: 1.8% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$21.55, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Upcoming Dividend • Aug 24Upcoming dividend of NT$0.28 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.17 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$193.1m (up 50% from 2Q 2020). Net income: NT$3.83m (up NT$10.1m from 2Q 2020). Profit margin: 2.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$22.90, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.
분석 기사 • Apr 10Is Advanced Connection Technology Inc. (GTSM:3492) A Good Dividend Stock?Could Advanced Connection Technology Inc. ( GTSM:3492 ) be an attractive dividend share to own for the long haul...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.42 (vs NT$1.20 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$675.9m (down 11% from FY 2019). Net income: NT$15.0m (down 65% from FY 2019). Profit margin: 2.2% (down from 5.6% in FY 2019). The decrease in margin was driven by lower 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 10% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 15Be Wary Of Advanced Connection Technology (GTSM:3492) And Its Returns On CapitalWhat underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend of...
Is New 90 Day High Low • Mar 10New 90-day high: NT$20.65The company is up 32% from its price of NT$15.65 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.
분석 기사 • Feb 15Advanced Connection Technology Inc.'s (GTSM:3492) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Advanced Connection Technology (GTSM:3492) has had a great run on the share market with its stock up by a significant...
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$19.95, the stock is trading at a trailing P/E ratio of 53.1x, up from the previous P/E ratio of 42.8x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 16%.
분석 기사 • Jan 07Should You Buy Advanced Connection Technology Inc. (GTSM:3492) For Its 4.8% Dividend?Is Advanced Connection Technology Inc. ( GTSM:3492 ) a good dividend stock? How can we tell? Dividend paying companies...
Is New 90 Day High Low • Dec 25New 90-day high: NT$16.20The company is up 12% from its price of NT$14.45 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.
분석 기사 • Dec 12The Returns On Capital At Advanced Connection Technology (GTSM:3492) Don't Inspire ConfidenceWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...
Is New 90 Day High Low • Dec 02New 90-day high: NT$16.10The company is up 8.0% from its price of NT$14.85 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 7.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.21The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$175.5m (down 9.2% from 3Q 2019). Net income: NT$7.40m (down 49% from 3Q 2019). Profit margin: 4.2% (down from 7.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$14.45The company is down 14% from its price of NT$16.80 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.