View Future GrowthLEATEC Fine Ceramics 과거 순이익 실적과거 기준 점검 0/6LEATEC Fine Ceramics 의 수입은 연평균 -0.5%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.4%의 비율로 증가했습니다. 매출은 연평균 1%의 비율로 증가해 왔습니다.핵심 정보-0.47%순이익 성장률-0.47%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률1.00%자기자본이익률-4.25%순이익률-5.03%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2026 earnings released: NT$0.51 loss per share (vs NT$0.42 profit in 1Q 2025)First quarter 2026 results: NT$0.51 loss per share (down from NT$0.42 profit in 1Q 2025). Revenue: NT$243.4m (down 3.3% from 1Q 2025). Net loss: NT$54.6m (down 219% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$0.64 loss in FY 2024)Full year 2025 results: EPS: NT$0.47 (up from NT$0.64 loss in FY 2024). Revenue: NT$992.1m (down 1.1% from FY 2024). Net income: NT$51.0m (up NT$120.3m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.024 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.70 (up from NT$0.024 in 3Q 2024). Revenue: NT$222.3m (down 20% from 3Q 2024). Net income: NT$76.1m (up NT$73.6m from 3Q 2024). Profit margin: 34% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.27 loss in 2Q 2024)Second quarter 2025 results: NT$0.22 loss per share (improved from NT$0.27 loss in 2Q 2024). Revenue: NT$270.1m (up 7.6% from 2Q 2024). Net loss: NT$23.9m (loss narrowed 20% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.27 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.27 loss in 1Q 2024). Revenue: NT$251.8m (up 13% from 1Q 2024). Net income: NT$45.9m (up NT$75.6m from 1Q 2024). Profit margin: 18% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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.공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2025 results at 9:00 AM, Taipei Standard Time on May 12, 2025모든 업데이트 보기Recent updatesNew Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • May 16First quarter 2026 earnings released: NT$0.51 loss per share (vs NT$0.42 profit in 1Q 2025)First quarter 2026 results: NT$0.51 loss per share (down from NT$0.42 profit in 1Q 2025). Revenue: NT$243.4m (down 3.3% from 1Q 2025). Net loss: NT$54.6m (down 219% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 631% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$0.64 loss in FY 2024)Full year 2025 results: EPS: NT$0.47 (up from NT$0.64 loss in FY 2024). Revenue: NT$992.1m (down 1.1% from FY 2024). Net income: NT$51.0m (up NT$120.3m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 13LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 24, 2026LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: b1 floor no,160, sec.1 p`ing tung rd., pingjhen district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$38.70, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$32.85, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.New Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 1,327% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.85b market cap, or US$90.7m).Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.024 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.70 (up from NT$0.024 in 3Q 2024). Revenue: NT$222.3m (down 20% from 3Q 2024). Net income: NT$76.1m (up NT$73.6m from 3Q 2024). Profit margin: 34% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.New Risk • Sep 22New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.54b market cap, or US$84.0m).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.27 loss in 2Q 2024)Second quarter 2025 results: NT$0.22 loss per share (improved from NT$0.27 loss in 2Q 2024). Revenue: NT$270.1m (up 7.6% from 2Q 2024). Net loss: NT$23.9m (loss narrowed 20% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.27 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.27 loss in 1Q 2024). Revenue: NT$251.8m (up 13% from 1Q 2024). Net income: NT$45.9m (up NT$75.6m from 1Q 2024). Profit margin: 18% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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.공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2025 results at 9:00 AM, Taipei Standard Time on May 12, 2025New Risk • Mar 27New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$211m free cash flow). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (NT$2.55b market cap, or US$76.9m).공시 • Mar 14LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2025LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,160, sec.1 p`ing tung rd., pingjhen district, taoyuan city Taiwan공시 • Mar 06LEATEC Fine Ceramics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025Upcoming Dividend • Nov 20Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 27 November 2024. Payment date: 25 December 2024. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 2.7%.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.96 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.02 (down from NT$0.96 in 3Q 2023). Revenue: NT$278.0m (up 38% from 3Q 2023). Net income: NT$2.56m (down 98% from 3Q 2023). Profit margin: 0.9% (down from 52% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Nov 02LEATEC Fine Ceramics Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024New Risk • Sep 17New major risk - Financial data availabilityThe 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (NT$2.89b market cap, or US$90.7m).Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.27 loss per share (vs NT$1.40 profit in 2Q 2023)Second quarter 2024 results: NT$0.27 loss per share (down from NT$1.40 profit in 2Q 2023). Revenue: NT$250.9m (up 17% from 2Q 2023). Net loss: NT$29.6m (down 120% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Aug 10Leatec Fine Ceramics Co., Ltd. Announces Committee ChangesLEATEC Fine Ceramics Co., Ltd. announced remuneration committee changes. Name of the previous position holder: Guo, Sian-Jhang Lai, Shan-Gui Chen, Jia-Rong Wang, Jin-Yan; Resume of the previous position holder: Guo, Sian-Jhang /Honorary Chairman, Financial Engineering Association of Taiwan (FeAT) Lai, Shan-Gui /Vice Chairman of the TOPCO SCIENTIFIC Group Chen, Jia-Rong /Independent Director, China Ecotek Corporation Wang, Jin-Yan /Practicing Accountant at Hao Yu Accounting Firm; Name of the new position holder: Guo, Sian-Jhang Lin, Jing Chen, Jia-Rong Wang, Jin-Yan; Resume of the new position holder: Guo, Sian-Jhang /Honorary Chairman, Financial Engineering Association of Taiwan (FeAT) Lin, Jing /Full-time Professor, Graduate Institute of International Business, National Taipei University Chen, Jia-Rong /Independent Director, China Ecotek Corporation Wang, Jin-Yan /Practicing Accountant at Hao Yu Accounting Firm. Effective date of the new member: August 9, 2024.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$25.40, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total loss to shareholders of 9.6% over the past three years.공시 • Aug 01LEATEC Fine Ceramics Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jul 29New 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 6.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$95.9m).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$31.80, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total loss to shareholders of 1.5% over the past three years.Reported Earnings • May 20First quarter 2024 earnings released: NT$0.27 loss per share (vs NT$0.48 loss in 1Q 2023)First quarter 2024 results: NT$0.27 loss per share (improved from NT$0.48 loss in 1Q 2023). Revenue: NT$222.5m (up 15% from 1Q 2023). Net loss: NT$29.6m (loss narrowed 43% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2024 Results on May 09, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024New Risk • Apr 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 151% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$90.3m).Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$0.57 (vs NT$0.31 loss in FY 2022)Full year 2023 results: EPS: NT$0.57 (up from NT$0.31 loss in FY 2022). Revenue: NT$824.0m (up 5.2% from FY 2022). Net income: NT$61.4m (up NT$94.8m from FY 2022). Profit margin: 7.4% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • Mar 30LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2024LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2024.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Director Lian-Cheng Huang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.70, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 26% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.96 (vs NT$0.002 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.96 (up from NT$0.002 loss in 3Q 2022). Revenue: NT$201.5m (up 40% from 3Q 2022). Net income: NT$104.0m (up NT$104.2m from 3Q 2022). Profit margin: 52% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.40 (vs NT$0.13 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.40 (up from NT$0.13 loss in 2Q 2022). Revenue: NT$214.7m (up 4.1% from 2Q 2022). Net income: NT$150.8m (up NT$165.0m from 2Q 2022). Profit margin: 70% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 19Third quarter 2022 earnings released: NT$0.002 loss per share (vs NT$0.20 profit in 3Q 2021)Third quarter 2022 results: NT$0.002 loss per share (down from NT$0.20 profit in 3Q 2021). Revenue: NT$143.8m (down 48% from 3Q 2021). Net loss: NT$173.0k (down 101% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 94% 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 • Aug 16Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.18 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.18 profit in 2Q 2021). Revenue: NT$206.3m (down 24% from 2Q 2021). Net loss: NT$14.2m (down 172% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$16.25, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.Reported Earnings • May 19First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.03 (down from NT$0.086 in 1Q 2021). Revenue: NT$254.5m (up 5.2% from 1Q 2021). Net income: NT$2.72m (down 71% from 1Q 2021). Profit margin: 1.1% (down from 3.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 103%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Apr 07LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 23, 2022LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 23, 2022.Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.47 (up from NT$0.95 loss in FY 2020). Revenue: NT$1.03b (up 19% from FY 2020). Net income: NT$50.8m (up NT$153.2m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 103%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$0.46 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$274.9m (up 28% from 3Q 2020). Net income: NT$21.3m (up NT$71.0m from 3Q 2020). Profit margin: 7.8% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.18 (vs NT$0.046 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$270.8m (up 17% from 2Q 2020). Net income: NT$19.7m (up NT$24.6m from 2Q 2020). Profit margin: 7.3% (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 18% 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.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.25 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$241.8m (up 32% from 1Q 2020). Net income: NT$9.27m (up NT$36.2m from 1Q 2020). Profit margin: 3.8% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • Apr 06Some Investors May Be Worried About LEATEC Fine Ceramics' (GTSM:6127) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.95 loss per share (vs NT$1.57 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$871.4m (up 19% from FY 2019). Net loss: NT$102.3m (loss narrowed 40% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 02Here's Why LEATEC Fine Ceramics (GTSM:6127) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Jan 26Introducing LEATEC Fine Ceramics (GTSM:6127), The Stock That Zoomed 185% In The Last Five YearsWhen you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really...Is New 90 Day High Low • Dec 30New 90-day high: NT$23.50The company is up 34% from its price of NT$17.50 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.분석 기사 • Dec 22Our Take On The Returns On Capital At LEATEC Fine Ceramics (GTSM:6127)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Is New 90 Day High Low • Nov 24New 90-day high: NT$23.35The company is up 45% from its price of NT$16.15 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.분석 기사 • Nov 17Here's Why LEATEC Fine Ceramics (GTSM:6127) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Nov 17Third quarter 2020 earnings released: NT$0.46 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$213.9m (up 21% from 3Q 2019). Net loss: NT$49.7m (loss narrowed 6.2% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 12New 90-day high: NT$17.60The company is up 4.0% from its price of NT$17.00 on 14 July 2020. The Taiwanese market is also up 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$15.10The company is down 13% from its price of NT$17.35 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.매출 및 비용 세부 내역LEATEC Fine Ceramics가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:6127 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26984-502257131 Dec 25992512567230 Sep 25996862447130 Jun 251,052122507131 Mar 251,03362426631 Dec 241,004-692126430 Sep 24966-1982616430 Jun 24890-963877231 Mar 24854844437331 Dec 23824614897130 Sep 237881814516830 Jun 23730763615631 Mar 23722-892965731 Dec 22784-332455430 Sep 22850-112365630 Jun 22982101955831 Mar 221,046441875731 Dec 211,033511665730 Sep 211,030301485730 Jun 21969-421445431 Mar 21930-661325331 Dec 20871-1021275530 Sep 20866-831225130 Jun 20829-86975331 Mar 20777-1331075831 Dec 19731-1701135930 Sep 19713-1801076430 Jun 19808-1241176631 Mar 19904-741206431 Dec 181,023-251226730 Sep 181,072-111307030 Jun 181,065-41296631 Mar 181,08131216331 Dec 171,074321146130 Sep 171,059301115330 Jun 171,076391195231 Mar 171,065401105131 Dec 161,075371134830 Sep 161,080401135130 Jun 161,060231005831 Mar 161,054241076331 Dec 151,074171126730 Sep 151,080311157130 Jun 151,0872712367양질의 수익: 6127 은(는) 현재 수익성이 없습니다.이익 마진 증가: 6127는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6127은 수익성이 없으며 지난 5년 동안 손실이 연평균 0.5% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 6127의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 6127은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(-4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 6127는 현재 수익성이 없으므로 자본 수익률이 음수(-4.25%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 06:52종가2026/05/22 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 소스LEATEC Fine Ceramics Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rui TsaiCapital Securities CorporationJoyce WeiKGI Securities Co. Ltd.Matthew HsiehMasterlink Securities Investment Advisory1명의 분석가 더 보기
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.51 loss per share (vs NT$0.42 profit in 1Q 2025)First quarter 2026 results: NT$0.51 loss per share (down from NT$0.42 profit in 1Q 2025). Revenue: NT$243.4m (down 3.3% from 1Q 2025). Net loss: NT$54.6m (down 219% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$0.64 loss in FY 2024)Full year 2025 results: EPS: NT$0.47 (up from NT$0.64 loss in FY 2024). Revenue: NT$992.1m (down 1.1% from FY 2024). Net income: NT$51.0m (up NT$120.3m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.024 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.70 (up from NT$0.024 in 3Q 2024). Revenue: NT$222.3m (down 20% from 3Q 2024). Net income: NT$76.1m (up NT$73.6m from 3Q 2024). Profit margin: 34% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.27 loss in 2Q 2024)Second quarter 2025 results: NT$0.22 loss per share (improved from NT$0.27 loss in 2Q 2024). Revenue: NT$270.1m (up 7.6% from 2Q 2024). Net loss: NT$23.9m (loss narrowed 20% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.27 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.27 loss in 1Q 2024). Revenue: NT$251.8m (up 13% from 1Q 2024). Net income: NT$45.9m (up NT$75.6m from 1Q 2024). Profit margin: 18% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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.
공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2025 results at 9:00 AM, Taipei Standard Time on May 12, 2025
New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.51 loss per share (vs NT$0.42 profit in 1Q 2025)First quarter 2026 results: NT$0.51 loss per share (down from NT$0.42 profit in 1Q 2025). Revenue: NT$243.4m (down 3.3% from 1Q 2025). Net loss: NT$54.6m (down 219% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 631% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.47 (vs NT$0.64 loss in FY 2024)Full year 2025 results: EPS: NT$0.47 (up from NT$0.64 loss in FY 2024). Revenue: NT$992.1m (down 1.1% from FY 2024). Net income: NT$51.0m (up NT$120.3m from FY 2024). Profit margin: 5.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 13LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 24, 2026LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: b1 floor no,160, sec.1 p`ing tung rd., pingjhen district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$38.70, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$32.85, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past three years.
New Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 1,327% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.85b market cap, or US$90.7m).
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.024 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.70 (up from NT$0.024 in 3Q 2024). Revenue: NT$222.3m (down 20% from 3Q 2024). Net income: NT$76.1m (up NT$73.6m from 3Q 2024). Profit margin: 34% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
New Risk • Sep 22New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.54b market cap, or US$84.0m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.27 loss in 2Q 2024)Second quarter 2025 results: NT$0.22 loss per share (improved from NT$0.27 loss in 2Q 2024). Revenue: NT$270.1m (up 7.6% from 2Q 2024). Net loss: NT$23.9m (loss narrowed 20% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.27 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.27 loss in 1Q 2024). Revenue: NT$251.8m (up 13% from 1Q 2024). Net income: NT$45.9m (up NT$75.6m from 1Q 2024). Profit margin: 18% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% 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.
공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2025 results at 9:00 AM, Taipei Standard Time on May 12, 2025
New Risk • Mar 27New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$211m free cash flow). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (NT$2.55b market cap, or US$76.9m).
공시 • Mar 14LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2025LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,160, sec.1 p`ing tung rd., pingjhen district, taoyuan city Taiwan
공시 • Mar 06LEATEC Fine Ceramics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025LEATEC Fine Ceramics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
Upcoming Dividend • Nov 20Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 27 November 2024. Payment date: 25 December 2024. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 2.7%.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.96 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.02 (down from NT$0.96 in 3Q 2023). Revenue: NT$278.0m (up 38% from 3Q 2023). Net income: NT$2.56m (down 98% from 3Q 2023). Profit margin: 0.9% (down from 52% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Nov 02LEATEC Fine Ceramics Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
New Risk • Sep 17New major risk - Financial data availabilityThe 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (NT$2.89b market cap, or US$90.7m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.27 loss per share (vs NT$1.40 profit in 2Q 2023)Second quarter 2024 results: NT$0.27 loss per share (down from NT$1.40 profit in 2Q 2023). Revenue: NT$250.9m (up 17% from 2Q 2023). Net loss: NT$29.6m (down 120% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Aug 10Leatec Fine Ceramics Co., Ltd. Announces Committee ChangesLEATEC Fine Ceramics Co., Ltd. announced remuneration committee changes. Name of the previous position holder: Guo, Sian-Jhang Lai, Shan-Gui Chen, Jia-Rong Wang, Jin-Yan; Resume of the previous position holder: Guo, Sian-Jhang /Honorary Chairman, Financial Engineering Association of Taiwan (FeAT) Lai, Shan-Gui /Vice Chairman of the TOPCO SCIENTIFIC Group Chen, Jia-Rong /Independent Director, China Ecotek Corporation Wang, Jin-Yan /Practicing Accountant at Hao Yu Accounting Firm; Name of the new position holder: Guo, Sian-Jhang Lin, Jing Chen, Jia-Rong Wang, Jin-Yan; Resume of the new position holder: Guo, Sian-Jhang /Honorary Chairman, Financial Engineering Association of Taiwan (FeAT) Lin, Jing /Full-time Professor, Graduate Institute of International Business, National Taipei University Chen, Jia-Rong /Independent Director, China Ecotek Corporation Wang, Jin-Yan /Practicing Accountant at Hao Yu Accounting Firm. Effective date of the new member: August 9, 2024.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$25.40, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total loss to shareholders of 9.6% over the past three years.
공시 • Aug 01LEATEC Fine Ceramics Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jul 29New 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 6.6% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$95.9m).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$31.80, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total loss to shareholders of 1.5% over the past three years.
Reported Earnings • May 20First quarter 2024 earnings released: NT$0.27 loss per share (vs NT$0.48 loss in 1Q 2023)First quarter 2024 results: NT$0.27 loss per share (improved from NT$0.48 loss in 1Q 2023). Revenue: NT$222.5m (up 15% from 1Q 2023). Net loss: NT$29.6m (loss narrowed 43% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • May 03LEATEC Fine Ceramics Co., Ltd. to Report Q1, 2024 Results on May 09, 2024LEATEC Fine Ceramics Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
New Risk • Apr 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 151% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$90.3m).
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: NT$0.57 (vs NT$0.31 loss in FY 2022)Full year 2023 results: EPS: NT$0.57 (up from NT$0.31 loss in FY 2022). Revenue: NT$824.0m (up 5.2% from FY 2022). Net income: NT$61.4m (up NT$94.8m from FY 2022). Profit margin: 7.4% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • Mar 30LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2024LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 20, 2024.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Director Lian-Cheng Huang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.70, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.96 (vs NT$0.002 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.96 (up from NT$0.002 loss in 3Q 2022). Revenue: NT$201.5m (up 40% from 3Q 2022). Net income: NT$104.0m (up NT$104.2m from 3Q 2022). Profit margin: 52% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.40 (vs NT$0.13 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.40 (up from NT$0.13 loss in 2Q 2022). Revenue: NT$214.7m (up 4.1% from 2Q 2022). Net income: NT$150.8m (up NT$165.0m from 2Q 2022). Profit margin: 70% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 19Third quarter 2022 earnings released: NT$0.002 loss per share (vs NT$0.20 profit in 3Q 2021)Third quarter 2022 results: NT$0.002 loss per share (down from NT$0.20 profit in 3Q 2021). Revenue: NT$143.8m (down 48% from 3Q 2021). Net loss: NT$173.0k (down 101% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 94% 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 • Aug 16Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.18 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.18 profit in 2Q 2021). Revenue: NT$206.3m (down 24% from 2Q 2021). Net loss: NT$14.2m (down 172% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$16.25, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 10% over the past three years.
Reported Earnings • May 19First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.03 (down from NT$0.086 in 1Q 2021). Revenue: NT$254.5m (up 5.2% from 1Q 2021). Net income: NT$2.72m (down 71% from 1Q 2021). Profit margin: 1.1% (down from 3.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 103%. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Apr 07LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 23, 2022LEATEC Fine Ceramics Co., Ltd., Annual General Meeting, Jun 23, 2022.
Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.47 (up from NT$0.95 loss in FY 2020). Revenue: NT$1.03b (up 19% from FY 2020). Net income: NT$50.8m (up NT$153.2m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 103%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$0.46 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$274.9m (up 28% from 3Q 2020). Net income: NT$21.3m (up NT$71.0m from 3Q 2020). Profit margin: 7.8% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.18 (vs NT$0.046 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$270.8m (up 17% from 2Q 2020). Net income: NT$19.7m (up NT$24.6m from 2Q 2020). Profit margin: 7.3% (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 18% 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.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.25 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$241.8m (up 32% from 1Q 2020). Net income: NT$9.27m (up NT$36.2m from 1Q 2020). Profit margin: 3.8% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • Apr 06Some Investors May Be Worried About LEATEC Fine Ceramics' (GTSM:6127) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.95 loss per share (vs NT$1.57 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$871.4m (up 19% from FY 2019). Net loss: NT$102.3m (loss narrowed 40% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 02Here's Why LEATEC Fine Ceramics (GTSM:6127) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Jan 26Introducing LEATEC Fine Ceramics (GTSM:6127), The Stock That Zoomed 185% In The Last Five YearsWhen you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really...
Is New 90 Day High Low • Dec 30New 90-day high: NT$23.50The company is up 34% from its price of NT$17.50 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.
분석 기사 • Dec 22Our Take On The Returns On Capital At LEATEC Fine Ceramics (GTSM:6127)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Is New 90 Day High Low • Nov 24New 90-day high: NT$23.35The company is up 45% from its price of NT$16.15 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.
분석 기사 • Nov 17Here's Why LEATEC Fine Ceramics (GTSM:6127) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Nov 17Third quarter 2020 earnings released: NT$0.46 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$213.9m (up 21% from 3Q 2019). Net loss: NT$49.7m (loss narrowed 6.2% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 12New 90-day high: NT$17.60The company is up 4.0% from its price of NT$17.00 on 14 July 2020. The Taiwanese market is also up 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$15.10The company is down 13% from its price of NT$17.35 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.