View Future GrowthSysgration 과거 순이익 실적과거 기준 점검 1/6Sysgration은 연평균 7.6%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 2.7% 증가했습니다. 매출은 연평균 10.9%의 비율로 증가했습니다. Sysgration의 자기자본이익률은 0.2%이고 순이익률은 1.6%입니다.핵심 정보7.61%순이익 성장률5.11%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률10.90%자기자본이익률0.22%순이익률1.56%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.27 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.27 (down from NT$0.61 in FY 2024). Revenue: NT$3.39b (up 9.1% from FY 2024). Net income: NT$52.9m (down 54% from FY 2024). Profit margin: 1.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.10 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$815.1m (up 17% from 3Q 2024). Net loss: NT$19.9m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.28 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.02 (down from NT$0.28 in 2Q 2024). Revenue: NT$832.7m (up 11% from 2Q 2024). Net income: NT$4.17m (down 92% from 2Q 2024). Profit margin: 0.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.35 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.35 in 1Q 2024). Revenue: NT$873.4m (down 2.8% from 1Q 2024). Net income: NT$22.9m (down 66% from 1Q 2024). Profit margin: 2.6% (down from 7.5% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공지 • May 01Sysgration Ltd. to Report Q1, 2025 Results on May 07, 2025Sysgration Ltd. announced that they will report Q1, 2025 results on May 07, 2025공지 • Feb 19Sysgration Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Sysgration Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025모든 업데이트 보기Recent updatesReported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.27 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.27 (down from NT$0.61 in FY 2024). Revenue: NT$3.39b (up 9.1% from FY 2024). Net income: NT$52.9m (down 54% from FY 2024). Profit margin: 1.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.공지 • Feb 06Sysgration Ltd. announced that it expects to receive TWD 1.375 billion in funding from Pegatron Corporation and other investors,Sysgration Ltd announced a private placement to issue 25,000,000 common shares at an issue price of TWD 55 for the proceeds of TWD 1,375,000,000 on February 5, 2026. Transaction involves participation of Pegatron Corporation for 22,000,000 shares and other investor. Transaction is approved by board of directors and is expected to close by February 12, 2026.공지 • Jan 15Sysgration Ltd., Annual General Meeting, Apr 28, 2026Sysgration Ltd., Annual General Meeting, Apr 28, 2026. Location: 6 floor no,1, t`i ting ta tao, neihu district, taipei city TaiwanReported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.10 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$815.1m (up 17% from 3Q 2024). Net loss: NT$19.9m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).New Risk • Aug 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 6.2% 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 (6.2% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.28 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.02 (down from NT$0.28 in 2Q 2024). Revenue: NT$832.7m (up 11% from 2Q 2024). Net income: NT$4.17m (down 92% from 2Q 2024). Profit margin: 0.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • May 28Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 27 June 2025. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.4%).Declared Dividend • May 09Dividend of NT$0.70 announcedShareholders will receive a dividend of NT$0.70. Ex-date: 4th June 2025 Payment date: 27th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 2.1% to bring the payout ratio under control, which is less than the 45% EPS growth achieved over the last 5 years.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.35 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.35 in 1Q 2024). Revenue: NT$873.4m (down 2.8% from 1Q 2024). Net income: NT$22.9m (down 66% from 1Q 2024). Profit margin: 2.6% (down from 7.5% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공지 • May 01Sysgration Ltd. to Report Q1, 2025 Results on May 07, 2025Sysgration Ltd. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$32.20, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 24% over the past three years.New Risk • Apr 07New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin).공지 • Feb 19Sysgration Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Sysgration Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025공지 • Jan 10Sysgration Ltd., Annual General Meeting, May 07, 2025Sysgration Ltd., Annual General Meeting, May 07, 2025, at 09:00 Taipei Standard Time. Location: 6 floor no,1, t`i ting ta tao, neihu district, taipei city TaiwanNew Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 8.0% 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: 93% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 3.6% over the past three years.공지 • Nov 05Sysgration Ltd. to Report Q3, 2024 Results on Nov 12, 2024Sysgration Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024New Risk • Aug 23New 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 7.6% 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 (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.28 (down from NT$0.36 in 2Q 2023). Revenue: NT$753.1m (up 2.3% from 2Q 2023). Net income: NT$53.6m (down 15% from 2Q 2023). Profit margin: 7.1% (down from 8.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% 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 • Aug 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$35.85, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.공지 • Aug 06Sysgration Ltd. to Report Q2, 2024 Results on Aug 13, 2024Sysgration Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$42.00, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.공지 • May 16Sysgration Ltd. Announces Cash Dividend, Payable on 5 July 2024Sysgration Ltd. announced cash dividend of TWD 133,228,268 or TWD 0.7 per share. Ex-rights (Ex-dividend) date: 11 June 2024. Ex-rights (Ex-dividend) record date: 17 June 2024. Payment date of cash dividend distribution: 5 July 2024.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.45 in 1Q 2023)First quarter 2024 results: EPS: NT$0.35 (down from NT$0.45 in 1Q 2023). Revenue: NT$898.5m (up 1.4% from 1Q 2023). Net income: NT$67.3m (down 12% from 1Q 2023). Profit margin: 7.5% (down from 8.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • May 05Sysgration Ltd. to Report Q1, 2024 Results on May 10, 2024Sysgration Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024공지 • Jan 18Sysgration Ltd., Annual General Meeting, May 06, 2024Sysgration Ltd., Annual General Meeting, May 06, 2024. Location: 6F, No.1, Sec.1, Tiding Blvd., Neihu District , Taipei City, Taiwan R.O.C. TaiwanReported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.30 (down from NT$0.69 in 3Q 2022). Revenue: NT$776.8m (down 13% from 3Q 2022). Net income: NT$53.9m (down 50% from 3Q 2022). Profit margin: 6.9% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공지 • Nov 09Sysgration Ltd. Approves the Appointment Hsieh, Chen-Chen as Chief Information OfficerSysgration Ltd. approved appointment of Hsieh, Chen-Chen as Chief Information Officer of the company, effective from November 8, 2023.Reported Earnings • Aug 11Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$0.36 (down from NT$0.56 in 2Q 2022). Revenue: NT$736.1m (down 12% from 2Q 2022). Net income: NT$63.1m (down 27% from 2Q 2022). Profit margin: 8.6% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공지 • Aug 09Sysgration Ltd. Appoints Members of the First Risk Management CommitteeSysgration Ltd. appointed members of the first risk management committee. Name of the new position holder: Lin, Kuan- Chao, Wei, Che- Chen, Hsieh, Tung-Fu. Resume of the new position holder: Lin, Kuan- Chao Independent director of Sysgration Ltd. Wei, Che- Chen Independent director of Sysgration Ltd. Hsieh, Tung-Fu Directors of Sysgration Ltd. Effective date of the new member: August 8, 2023.Reported Earnings • Mar 14Full year 2022 earnings released: EPS: NT$2.14 (vs NT$0.62 in FY 2021)Full year 2022 results: EPS: NT$2.14 (up from NT$0.62 in FY 2021). Revenue: NT$3.40b (up 39% from FY 2021). Net income: NT$338.5m (up 255% from FY 2021). Profit margin: 9.9% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.공지 • Jan 10Sysgration Ltd., Annual General Meeting, Apr 27, 2023Sysgration Ltd., Annual General Meeting, Apr 27, 2023. Location: 6F, No.1, Sec.1, Tiding Blvd., Neihu District Taipei City, Taiwan R.O.C. Taipei Taiwan Agenda: To consider 2022 business report; to consider 2022 status report of endorsements/guarantees for others; to consider 2022 status report of fund-lending to others; to consider 2022 status report of financial derivative product transaction; to consider 2022 report on remunerations of directors; to consider report on execution of private placement; to consider amendment of articles of incorporation; to consider election of directors; and to consider other matters.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ju-Hsiang He was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.22 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.69 (up from NT$0.22 in 3Q 2021). Revenue: NT$889.8m (up 31% from 3Q 2021). Net income: NT$107.5m (up 217% from 3Q 2021). Profit margin: 12% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 86% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.043 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.55 (up from NT$0.043 in 2Q 2021). Revenue: NT$834.9m (up 41% from 2Q 2021). Net income: NT$85.8m (up NT$79.1m from 2Q 2021). Profit margin: 10% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$47.15, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 639% over the past three years.공지 • May 12Sysgration Ltd. Appoints Lee, Yi-Ren as Chief Strategy OfficerSysgration Ltd. appointed Lee, Yi-Ren (Chairman of the Company) as Chief Strategy Officer. Effective date is May 10, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ju-Hsiang He was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.62 (up from NT$0.65 loss in FY 2020). Revenue: NT$2.45b (up 85% from FY 2020). Net income: NT$95.3m (up NT$193.7m from FY 2020). Profit margin: 3.9% (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 increased by 65% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.22 (vs NT$0.045 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$678.5m (up 86% from 3Q 2020). Net income: NT$33.8m (up NT$40.6m from 3Q 2020). Profit margin: 5.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.24 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$590.5m (up 119% from 2Q 2020). Net income: NT$6.68m (up NT$43.1m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.26 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$490.5m (up 72% from 1Q 2020). Net income: NT$9.72m (up NT$49.4m from 1Q 2020). Profit margin: 2.0% (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 increased by 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 23Full year 2020 earnings released: NT$0.64 loss per share (vs NT$1.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$1.33b (up 27% from FY 2019). Net loss: NT$98.3m (loss narrowed 66% from FY 2019). 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 56% per year, which means it is tracking significantly ahead of earnings growth.공지 • Mar 10Sysgration Ltd. Announces the Resignation of Benson Hsiao as CEOSysgration Ltd. announced the resignation of Benson Hsiao as CEO, effective from March 3, 2021.분석 기사 • Jan 29Is Sysgration (GTSM:5309) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Jan 20New 90-day low: NT$34.05The company is down 8.0% from its price of NT$37.00 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.공지 • Jan 15Sysgration Ltd., Annual General Meeting, May 28, 2021Sysgration Ltd., Annual General Meeting, May 28, 2021. Location: 5F, No.1, Sec.1, Tiding Blvd.,Neihu District Taipei City Taiwan Agenda: To consider 2020 business report; To consider audit committee’s review report on the 2020 financial statements; To consider report on implementation of 2020 business improvement plan; To consider status report of endorsements/guarantees for others; To consider status report of fund-lending to others; To consider status report of financial derivative product transaction; To consider status report of private placement; To consider status report of domestic secured convertible bond issuance; and To consider other matters.분석 기사 • Dec 07If You Had Bought Sysgration (GTSM:5309) Shares A Year Ago You'd Have Earned 358% ReturnsWhile stock picking isn't easy, for those willing to persist and learn, it is possible to buy shares in great...Is New 90 Day High Low • Nov 03New 90-day high: NT$41.00The company is up 11% from its price of NT$37.00 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period.매출 및 비용 세부 내역Sysgration가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:5309 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Dec 253,3945343837730 Sep 253,2854141336730 Jun 253,1642239935131 Mar 253,0857237434831 Dec 243,11011636932930 Sep 243,22514535531030 Jun 243,30823735129731 Mar 243,29124636127531 Dec 233,27925535425630 Sep 233,31926535624530 Jun 233,43231933622431 Mar 233,53134231721731 Dec 223,40433829920230 Sep 223,17931226521330 Jun 222,96823824620331 Mar 222,72415923119331 Dec 212,4559521618930 Sep 212,1673521115730 Jun 211,853-619915531 Mar 211,533-4919815531 Dec 201,327-9820416130 Sep 201,261-18923517830 Jun 201,161-24726917631 Mar 201,106-27028816631 Dec 191,042-28529615530 Sep 19956-27520613230 Jun 191,110-26220113031 Mar 191,337-20819713031 Dec 181,459-18519712930 Sep 181,578-20228112430 Jun 181,594-18328212131 Mar 181,503-19228111431 Dec 171,520-25531211230 Sep 171,559-38140610430 Jun 171,772-38843210831 Mar 172,016-39847211431 Dec 162,145-30249111730 Sep 162,205-23043812930 Jun 161,903-16343212131 Mar 161,64766045212231 Dec 151,58057843712230 Sep 151,62572040812230 Jun 151,846668384124양질의 수익: 5309의 비현금 수익 수준이 높습니다.이익 마진 증가: 5309의 현재 순 이익률 (1.6%)은 지난해 (3.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 5309는 지난 5년 동안 흑자전환하며 연평균 7.6%의 수익 성장을 기록했습니다.성장 가속화: 5309은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 5309은 지난 1년 동안 수익이 감소(-54.4%)하여 Electronic 업계 평균(-1.6%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 5309의 자본 수익률(0.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 10:54종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sysgration Ltd.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.분석가기관Chihhao ChangSinoPac Securities Investment Service
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.27 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.27 (down from NT$0.61 in FY 2024). Revenue: NT$3.39b (up 9.1% from FY 2024). Net income: NT$52.9m (down 54% from FY 2024). Profit margin: 1.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.10 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$815.1m (up 17% from 3Q 2024). Net loss: NT$19.9m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.28 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.02 (down from NT$0.28 in 2Q 2024). Revenue: NT$832.7m (up 11% from 2Q 2024). Net income: NT$4.17m (down 92% from 2Q 2024). Profit margin: 0.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.35 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.35 in 1Q 2024). Revenue: NT$873.4m (down 2.8% from 1Q 2024). Net income: NT$22.9m (down 66% from 1Q 2024). Profit margin: 2.6% (down from 7.5% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공지 • May 01Sysgration Ltd. to Report Q1, 2025 Results on May 07, 2025Sysgration Ltd. announced that they will report Q1, 2025 results on May 07, 2025
공지 • Feb 19Sysgration Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Sysgration Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.27 (vs NT$0.61 in FY 2024)Full year 2025 results: EPS: NT$0.27 (down from NT$0.61 in FY 2024). Revenue: NT$3.39b (up 9.1% from FY 2024). Net income: NT$52.9m (down 54% from FY 2024). Profit margin: 1.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공지 • Feb 06Sysgration Ltd. announced that it expects to receive TWD 1.375 billion in funding from Pegatron Corporation and other investors,Sysgration Ltd announced a private placement to issue 25,000,000 common shares at an issue price of TWD 55 for the proceeds of TWD 1,375,000,000 on February 5, 2026. Transaction involves participation of Pegatron Corporation for 22,000,000 shares and other investor. Transaction is approved by board of directors and is expected to close by February 12, 2026.
공지 • Jan 15Sysgration Ltd., Annual General Meeting, Apr 28, 2026Sysgration Ltd., Annual General Meeting, Apr 28, 2026. Location: 6 floor no,1, t`i ting ta tao, neihu district, taipei city Taiwan
Reported Earnings • Nov 13Third quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.10 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$815.1m (up 17% from 3Q 2024). Net loss: NT$19.9m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
New Risk • Aug 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 6.2% 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 (6.2% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.28 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.02 (down from NT$0.28 in 2Q 2024). Revenue: NT$832.7m (up 11% from 2Q 2024). Net income: NT$4.17m (down 92% from 2Q 2024). Profit margin: 0.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 28Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 27 June 2025. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.4%).
Declared Dividend • May 09Dividend of NT$0.70 announcedShareholders will receive a dividend of NT$0.70. Ex-date: 4th June 2025 Payment date: 27th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 2.1% to bring the payout ratio under control, which is less than the 45% EPS growth achieved over the last 5 years.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.35 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.35 in 1Q 2024). Revenue: NT$873.4m (down 2.8% from 1Q 2024). Net income: NT$22.9m (down 66% from 1Q 2024). Profit margin: 2.6% (down from 7.5% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공지 • May 01Sysgration Ltd. to Report Q1, 2025 Results on May 07, 2025Sysgration Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$32.20, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 24% over the past three years.
New Risk • Apr 07New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin).
공지 • Feb 19Sysgration Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Sysgration Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
공지 • Jan 10Sysgration Ltd., Annual General Meeting, May 07, 2025Sysgration Ltd., Annual General Meeting, May 07, 2025, at 09:00 Taipei Standard Time. Location: 6 floor no,1, t`i ting ta tao, neihu district, taipei city Taiwan
New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 8.0% 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: 93% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$39.25, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 3.6% over the past three years.
공지 • Nov 05Sysgration Ltd. to Report Q3, 2024 Results on Nov 12, 2024Sysgration Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
New Risk • Aug 23New 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 7.6% 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 (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (4.3% increase in shares outstanding).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.28 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.28 (down from NT$0.36 in 2Q 2023). Revenue: NT$753.1m (up 2.3% from 2Q 2023). Net income: NT$53.6m (down 15% from 2Q 2023). Profit margin: 7.1% (down from 8.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% 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 • Aug 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$35.85, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 11% over the past three years.
공지 • Aug 06Sysgration Ltd. to Report Q2, 2024 Results on Aug 13, 2024Sysgration Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$42.00, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.
공지 • May 16Sysgration Ltd. Announces Cash Dividend, Payable on 5 July 2024Sysgration Ltd. announced cash dividend of TWD 133,228,268 or TWD 0.7 per share. Ex-rights (Ex-dividend) date: 11 June 2024. Ex-rights (Ex-dividend) record date: 17 June 2024. Payment date of cash dividend distribution: 5 July 2024.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.45 in 1Q 2023)First quarter 2024 results: EPS: NT$0.35 (down from NT$0.45 in 1Q 2023). Revenue: NT$898.5m (up 1.4% from 1Q 2023). Net income: NT$67.3m (down 12% from 1Q 2023). Profit margin: 7.5% (down from 8.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • May 05Sysgration Ltd. to Report Q1, 2024 Results on May 10, 2024Sysgration Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024
공지 • Jan 18Sysgration Ltd., Annual General Meeting, May 06, 2024Sysgration Ltd., Annual General Meeting, May 06, 2024. Location: 6F, No.1, Sec.1, Tiding Blvd., Neihu District , Taipei City, Taiwan R.O.C. Taiwan
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.30 (down from NT$0.69 in 3Q 2022). Revenue: NT$776.8m (down 13% from 3Q 2022). Net income: NT$53.9m (down 50% from 3Q 2022). Profit margin: 6.9% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공지 • Nov 09Sysgration Ltd. Approves the Appointment Hsieh, Chen-Chen as Chief Information OfficerSysgration Ltd. approved appointment of Hsieh, Chen-Chen as Chief Information Officer of the company, effective from November 8, 2023.
Reported Earnings • Aug 11Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$0.36 (down from NT$0.56 in 2Q 2022). Revenue: NT$736.1m (down 12% from 2Q 2022). Net income: NT$63.1m (down 27% from 2Q 2022). Profit margin: 8.6% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공지 • Aug 09Sysgration Ltd. Appoints Members of the First Risk Management CommitteeSysgration Ltd. appointed members of the first risk management committee. Name of the new position holder: Lin, Kuan- Chao, Wei, Che- Chen, Hsieh, Tung-Fu. Resume of the new position holder: Lin, Kuan- Chao Independent director of Sysgration Ltd. Wei, Che- Chen Independent director of Sysgration Ltd. Hsieh, Tung-Fu Directors of Sysgration Ltd. Effective date of the new member: August 8, 2023.
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: NT$2.14 (vs NT$0.62 in FY 2021)Full year 2022 results: EPS: NT$2.14 (up from NT$0.62 in FY 2021). Revenue: NT$3.40b (up 39% from FY 2021). Net income: NT$338.5m (up 255% from FY 2021). Profit margin: 9.9% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
공지 • Jan 10Sysgration Ltd., Annual General Meeting, Apr 27, 2023Sysgration Ltd., Annual General Meeting, Apr 27, 2023. Location: 6F, No.1, Sec.1, Tiding Blvd., Neihu District Taipei City, Taiwan R.O.C. Taipei Taiwan Agenda: To consider 2022 business report; to consider 2022 status report of endorsements/guarantees for others; to consider 2022 status report of fund-lending to others; to consider 2022 status report of financial derivative product transaction; to consider 2022 report on remunerations of directors; to consider report on execution of private placement; to consider amendment of articles of incorporation; to consider election of directors; and to consider other matters.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ju-Hsiang He was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.22 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.69 (up from NT$0.22 in 3Q 2021). Revenue: NT$889.8m (up 31% from 3Q 2021). Net income: NT$107.5m (up 217% from 3Q 2021). Profit margin: 12% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 86% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.043 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.55 (up from NT$0.043 in 2Q 2021). Revenue: NT$834.9m (up 41% from 2Q 2021). Net income: NT$85.8m (up NT$79.1m from 2Q 2021). Profit margin: 10% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$47.15, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 639% over the past three years.
공지 • May 12Sysgration Ltd. Appoints Lee, Yi-Ren as Chief Strategy OfficerSysgration Ltd. appointed Lee, Yi-Ren (Chairman of the Company) as Chief Strategy Officer. Effective date is May 10, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ju-Hsiang He was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.62 (up from NT$0.65 loss in FY 2020). Revenue: NT$2.45b (up 85% from FY 2020). Net income: NT$95.3m (up NT$193.7m from FY 2020). Profit margin: 3.9% (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 increased by 65% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.22 (vs NT$0.045 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$678.5m (up 86% from 3Q 2020). Net income: NT$33.8m (up NT$40.6m from 3Q 2020). Profit margin: 5.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.24 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$590.5m (up 119% from 2Q 2020). Net income: NT$6.68m (up NT$43.1m from 2Q 2020). Profit margin: 1.1% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.26 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$490.5m (up 72% from 1Q 2020). Net income: NT$9.72m (up NT$49.4m from 1Q 2020). Profit margin: 2.0% (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 increased by 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 23Full year 2020 earnings released: NT$0.64 loss per share (vs NT$1.88 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$1.33b (up 27% from FY 2019). Net loss: NT$98.3m (loss narrowed 66% from FY 2019). 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 56% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Mar 10Sysgration Ltd. Announces the Resignation of Benson Hsiao as CEOSysgration Ltd. announced the resignation of Benson Hsiao as CEO, effective from March 3, 2021.
분석 기사 • Jan 29Is Sysgration (GTSM:5309) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Jan 20New 90-day low: NT$34.05The company is down 8.0% from its price of NT$37.00 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.
공지 • Jan 15Sysgration Ltd., Annual General Meeting, May 28, 2021Sysgration Ltd., Annual General Meeting, May 28, 2021. Location: 5F, No.1, Sec.1, Tiding Blvd.,Neihu District Taipei City Taiwan Agenda: To consider 2020 business report; To consider audit committee’s review report on the 2020 financial statements; To consider report on implementation of 2020 business improvement plan; To consider status report of endorsements/guarantees for others; To consider status report of fund-lending to others; To consider status report of financial derivative product transaction; To consider status report of private placement; To consider status report of domestic secured convertible bond issuance; and To consider other matters.
분석 기사 • Dec 07If You Had Bought Sysgration (GTSM:5309) Shares A Year Ago You'd Have Earned 358% ReturnsWhile stock picking isn't easy, for those willing to persist and learn, it is possible to buy shares in great...
Is New 90 Day High Low • Nov 03New 90-day high: NT$41.00The company is up 11% from its price of NT$37.00 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period.