Reported Earnings • Mar 18
Full year 2025 earnings released: NT$1.49 loss per share (vs NT$0.71 loss in FY 2024) Full year 2025 results: NT$1.49 loss per share (further deteriorated from NT$0.71 loss in FY 2024). Revenue: NT$268.1m (down 1.2% from FY 2024). Net loss: NT$22.1m (loss widened 110% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. 공지 • Mar 11
Empower Technology Corporation., Annual General Meeting, Jun 24, 2026 Empower Technology Corporation., Annual General Meeting, Jun 24, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan Reported Earnings • Nov 19
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: NT$69.1m (up 6.4% from 3Q 2024). Net loss: NT$3.00m (loss narrowed 56% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.17 loss in 2Q 2024) Second quarter 2025 results: NT$0.42 loss per share (further deteriorated from NT$0.17 loss in 2Q 2024). Revenue: NT$61.0m (down 3.1% from 2Q 2024). Net loss: NT$6.21m (loss widened 150% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. New Risk • May 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$299.2m (US$10.00m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.40 loss per share (vs NT$0.25 loss in 1Q 2024) First quarter 2025 results: NT$0.40 loss per share (further deteriorated from NT$0.25 loss in 1Q 2024). Revenue: NT$51.9m (down 10% from 1Q 2024). Net loss: NT$5.91m (loss widened 60% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Apr 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$305.9m (US$9.29m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$10m (NT$305.9m market cap, or US$9.29m). Reported Earnings • Mar 20
Full year 2024 earnings released Full year 2024 results: Revenue: NT$271.5m (flat on FY 2023). Net loss: NT$10.5m (down 263% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. 공지 • Mar 12
Empower Technology Corporation., Annual General Meeting, Jun 25, 2025 Empower Technology Corporation., Annual General Meeting, Jun 25, 2025. Location: 6 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$312.5m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (NT$312.5m market cap, or US$9.54m). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Market cap is less than US$100m (NT$354.6m market cap, or US$10.7m). New Risk • Dec 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$322.1m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (NT$322.1m market cap, or US$9.88m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Nov 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% 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: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$368.7m market cap, or US$11.3m). Reported Earnings • Aug 18
Second quarter 2024 earnings released: NT$0.08 loss per share (vs NT$0.056 profit in 2Q 2023) Second quarter 2024 results: NT$0.08 loss per share (down from NT$0.056 profit in 2Q 2023). Revenue: NT$62.9m (up 19% from 2Q 2023). Net loss: NT$2.48m (down 254% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Jun 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.08% Last year net profit margin: 5.6% 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 Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (0.08% net profit margin). Market cap is less than US$100m (NT$366.2m market cap, or US$11.3m). Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to NT$11.85, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 28x in the Communications industry in Taiwan. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$17.35, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 26x in the Communications industry in Taiwan. Total returns to shareholders of 120% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$14.80, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 26x in the Communications industry in Taiwan. Total returns to shareholders of 90% over the past three years. 공지 • Mar 30
Empower Technology Corporation., Annual General Meeting, Jun 27, 2024 Empower Technology Corporation., Annual General Meeting, Jun 27, 2024. New Risk • Mar 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$528.3m market cap, or US$16.6m). New Risk • Dec 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$131m revenue, or US$4.2m). Market cap is less than US$100m (NT$652.8m market cap, or US$20.8m). New Risk • Sep 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% 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: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$120m revenue, or US$3.8m). Market cap is less than US$100m (NT$529.8m market cap, or US$16.6m). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to NT$18.15, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 150% over the past three years. Buying Opportunity • Aug 17
Now 22% undervalued Over the last 90 days, the stock is up 41%. The fair value is estimated to be NT$18.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 16
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.1% 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 (8.1% average weekly change). Revenue is less than US$5m (NT$129m revenue, or US$4.1m). Market cap is less than US$100m (NT$479.1m market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$12.75, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 21x in the Communications industry in Taiwan. Total returns to shareholders of 70% over the past three years. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.095 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$0.05 (up from NT$0.095 loss in 3Q 2021). Revenue: NT$24.0m (down 19% from 3Q 2021). Net income: NT$1.41m (up NT$4.15m from 3Q 2021). Profit margin: 5.8% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% 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 04
Full year 2021 earnings released: NT$0.53 loss per share (vs NT$0.71 loss in FY 2020) Full year 2021 results: NT$0.53 loss per share (up from NT$0.71 loss in FY 2020). Revenue: NT$111.3m (up 14% from FY 2020). Net loss: NT$14.8m (loss narrowed 20% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.22 loss per share (vs NT$0.25 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$28.0m (up 142% from 2Q 2020). Net loss: NT$6.11m (loss narrowed 7.0% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
First quarter 2021 earnings released: NT$0.24 loss per share (vs NT$0.18 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: NT$21.8m (down 5.6% from 1Q 2020). Net loss: NT$6.28m (loss widened 35% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 25
Full year 2020 earnings released: NT$0.71 loss per share (vs NT$0.96 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$97.2m (down 20% from FY 2019). Net loss: NT$18.3m (loss narrowed 27% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 04
New 90-day high: NT$9.58 The company is up 28% from its price of NT$7.50 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: NT$8.34 The company is up 17% from its price of NT$7.13 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 18% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: NT$0.15 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$29.9m (down 13% from 3Q 2019). Net loss: NT$3.85m (loss narrowed 31% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 07
New 90-day high: NT$7.76 The company is up 3.0% from its price of NT$7.51 on 09 July 2020. The Taiwanese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is down 6.0% over the same period.