Arlitech Electronic (6432) 주식 개요는 대만의 LCD 패널 산업에 인덕터를 공급합니다. 자세히 보기6432 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성6/6배당1/6위험 분석지난 5년간 매년 수익이 29.8% 감소했습니다.1.52%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.이익 마진 (2.2%)이 지난해 (4.8%)보다 낮습니다.지난 3개월 동안 주가 변동성이 TW 시장과 비교해 높았습니다.+ 위험 1건 추가모든 위험 점검 보기6432 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$79.0078.1% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture01b2016201920222025202620282031Revenue NT$900.6mEarnings NT$19.8mAdvancedSet Fair ValueView all narrativesArlitech Electronic Corp. 경쟁사Koryo ElectronicsSymbol: TPEX:8032Market cap: NT$2.4bLinkCom ManufacturingLTDSymbol: TPEX:6821Market cap: NT$1.9bCX TechnologySymbol: TWSE:2415Market cap: NT$2.7bAker TechnologySymbol: TPEX:6174Market cap: NT$2.7b가격 이력 및 성과Arlitech Electronic 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$79.0052주 최고가NT$78.8052주 최저가NT$25.10베타0.791개월 변동50.19%3개월 변동112.37%1년 변동186.23%3년 변동125.07%5년 변동99.75%IPO 이후 변동118.07%최근 뉴스 및 업데이트Declared Dividend • Jun 13Dividend reduced to NT$1.16Dividend of NT$1.16 is 17% lower than last year. Ex-date: 18th August 2026 Payment date: 15th September 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) nor is it covered by cash flows (319% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 38x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.74 (vs NT$0.45 in 1Q 2025)First quarter 2026 results: EPS: NT$0.74 (up from NT$0.45 in 1Q 2025). Revenue: NT$293.7m (up 2.3% from 1Q 2025). Net income: NT$23.9m (up 65% from 1Q 2025). Profit margin: 8.2% (up from 5.1% in 1Q 2025). The increase in margin was primarily 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 increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$37.25, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.New Risk • Apr 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: 251% Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.48 (vs NT$1.68 in FY 2024)Full year 2025 results: EPS: NT$0.48 (down from NT$1.68 in FY 2024). Revenue: NT$1.12b (up 10% from FY 2024). Net income: NT$15.5m (down 71% from FY 2024). Profit margin: 1.4% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.더 많은 업데이트 보기Recent updatesDeclared Dividend • Jun 13Dividend reduced to NT$1.16Dividend of NT$1.16 is 17% lower than last year. Ex-date: 18th August 2026 Payment date: 15th September 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) nor is it covered by cash flows (319% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 38x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.74 (vs NT$0.45 in 1Q 2025)First quarter 2026 results: EPS: NT$0.74 (up from NT$0.45 in 1Q 2025). Revenue: NT$293.7m (up 2.3% from 1Q 2025). Net income: NT$23.9m (up 65% from 1Q 2025). Profit margin: 8.2% (up from 5.1% in 1Q 2025). The increase in margin was primarily 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 increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$37.25, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.New Risk • Apr 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: 251% Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.48 (vs NT$1.68 in FY 2024)Full year 2025 results: EPS: NT$0.48 (down from NT$1.68 in FY 2024). Revenue: NT$1.12b (up 10% from FY 2024). Net income: NT$15.5m (down 71% from FY 2024). Profit margin: 1.4% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Mar 06Arlitech Electronic Corp., Annual General Meeting, Jun 11, 2026Arlitech Electronic Corp., Annual General Meeting, Jun 11, 2026. Location: no,88, min ch`uan rd., banciao district, new taipei city TaiwanNew Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 256% Cash payout ratio: 154% Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$1.06b market cap, or US$33.6m).Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.12 in 3Q 2024). Revenue: NT$290.8m (up 5.8% from 3Q 2024). Net income: NT$15.7m (up 307% from 3Q 2024). Profit margin: 5.4% (up from 1.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 29Now 20% undervaluedOver the last 90 days, the stock has risen 32% to NT$36.95. The fair value is estimated to be NT$46.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 22%.New Risk • Oct 28New 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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$1.23b market cap, or US$40.3m).New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 221% 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 Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$906.0m market cap, or US$30.2m).Upcoming Dividend • Aug 07Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 15 September 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Declared Dividend • Jul 07Dividend increased to NT$1.40Dividend of NT$1.40 is 13% higher than last year. Ex-date: 14th August 2025 Payment date: 15th September 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.1% to shift the payout ratio to a potentially unsustainable range, which is less than the 6.4% EPS decline seen over the last 5 years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.45 (vs NT$0.51 in 1Q 2024)First quarter 2025 results: EPS: NT$0.45 (down from NT$0.51 in 1Q 2024). Revenue: NT$287.2m (up 25% from 1Q 2024). Net income: NT$14.5m (down 6.7% from 1Q 2024). Profit margin: 5.1% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$24.05, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.68 (vs NT$1.19 in FY 2023)Full year 2024 results: EPS: NT$1.68 (up from NT$1.19 in FY 2023). Revenue: NT$1.02b (down 5.6% from FY 2023). Net income: NT$52.7m (up 45% from FY 2023). Profit margin: 5.2% (up from 3.4% in FY 2023). The increase in margin was driven by lower expenses. 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 8% per year, which means it has not declined as severely as earnings.공시 • Mar 07Arlitech Electronic Corp., Annual General Meeting, Jun 19, 2025Arlitech Electronic Corp., Annual General Meeting, Jun 19, 2025. Location: no,79, hsin pei ta tao, sinjhuang district, new taipei city TaiwanNew Risk • Aug 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (NT$1.14b market cap, or US$35.6m).Upcoming Dividend • Aug 19Upcoming dividend of NT$1.24 per shareEligible shareholders must have bought the stock before 26 August 2024. Payment date: 25 September 2024. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.8%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.46 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.63 (up from NT$0.46 in 2Q 2023). Revenue: NT$266.4m (flat on 2Q 2023). Net income: NT$19.2m (up 38% from 2Q 2023). Profit margin: 7.2% (up from 5.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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 19First quarter 2024 earnings released: EPS: NT$0.51 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.51 (up from NT$0.16 in 1Q 2023). Revenue: NT$230.1m (down 7.0% from 1Q 2023). Net income: NT$15.6m (up 215% from 1Q 2023). Profit margin: 6.8% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% 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.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$1.19 (vs NT$1.50 in FY 2022)Full year 2023 results: EPS: NT$1.19 (down from NT$1.50 in FY 2022). Revenue: NT$1.08b (down 3.0% from FY 2022). Net income: NT$36.4m (down 21% from FY 2022). Profit margin: 3.4% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공시 • Mar 14Arlitech Electronic Corp., Annual General Meeting, Jun 13, 2024Arlitech Electronic Corp., Annual General Meeting, Jun 13, 2024.New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Paying a dividend despite having no free cash flows. Earnings have declined by 3.8% per year over the past 5 years. High level of non-cash earnings (46% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (NT$1.14b market cap, or US$36.0m).New Risk • Nov 01New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (162% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (NT$1.18b market cap, or US$36.2m).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.44 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.46 (up from NT$0.44 in 2Q 2022). Revenue: NT$265.7m (down 5.9% from 2Q 2022). Net income: NT$14.0m (up 2.8% from 2Q 2022). Profit margin: 5.3% (up from 4.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 10Upcoming dividend of NT$1.50 per share at 4.3% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 15 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.3%).Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.50 (vs NT$2.91 in FY 2021)Full year 2022 results: EPS: NT$1.50 (down from NT$2.91 in FY 2021). Revenue: NT$1.11b (down 18% from FY 2021). Net income: NT$45.9m (down 48% from FY 2021). Profit margin: 4.1% (down from 6.5% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$35.35, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.Board Change • Nov 16Insufficient 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. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.59 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.59 (down from NT$0.71 in 3Q 2021). Revenue: NT$237.9m (down 30% from 3Q 2021). Net income: NT$18.0m (down 17% from 3Q 2021). Profit margin: 7.6% (up from 6.4% in 3Q 2021). The increase in margin was driven by lower expenses. 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 9% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.50, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.44 (vs NT$0.93 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.44 (down from NT$0.93 in 2Q 2021). Revenue: NT$282.3m (down 26% from 2Q 2021). Net income: NT$13.6m (down 52% from 2Q 2021). Profit margin: 4.8% (down from 7.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.Upcoming Dividend • Aug 10Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 17 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.6%).Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$32.05, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 48% over the past three years.Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.75 (vs NT$0.75 in 1Q 2021). Revenue: NT$358.2m (up 17% from 1Q 2021). Net income: NT$23.0m (up 2.4% from 1Q 2021). Profit margin: 6.4% (down from 7.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. 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 12% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27Insufficient 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. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.95 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$340.6m (up 12% from 3Q 2020). Net income: NT$21.7m (down 11% from 3Q 2020). Profit margin: 6.4% (down from 8.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 26Upcoming dividend of NT$1.57 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 29 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.93 (vs NT$0.95 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$382.3m (up 40% from 2Q 2020). Net income: NT$28.0m (up 21% from 2Q 2020). Profit margin: 7.3% (down from 8.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$38.50, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 82% over the past three years.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.41 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$305.9m (up 34% from 1Q 2020). Net income: NT$22.4m (up 136% from 1Q 2020). Profit margin: 7.3% (up from 4.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Apr 30Arlitech Electronic (GTSM:6432) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Apr 07Should Arlitech Electronic Corp. (GTSM:6432) Be Part Of Your Dividend Portfolio?Is Arlitech Electronic Corp. ( GTSM:6432 ) a good dividend stock? How can we tell? Dividend paying companies with...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.85, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 161% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$2.91 (vs NT$2.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.10b (up 19% from FY 2019). Net income: NT$74.9m (up 44% from FY 2019). Profit margin: 6.8% (up from 5.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 17We're Watching These Trends At Arlitech Electronic (GTSM:6432)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Feb 24New 90-day high: NT$40.20The company is up 6.0% from its price of NT$37.90 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 27% over the same period.분석 기사 • Feb 23Has Arlitech Electronic Corp.'s (GTSM:6432) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Arlitech Electronic's (GTSM:6432) stock is up by a considerable 8.5% over the past month. As most would know...분석 기사 • Feb 03We're Not So Sure You Should Rely on Arlitech Electronic's (GTSM:6432) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...분석 기사 • Jan 11These 4 Measures Indicate That Arlitech Electronic (GTSM:6432) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Is New 90 Day High Low • Jan 11New 90-day high: NT$39.75The company is up 8.0% from its price of NT$36.75 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.분석 기사 • Dec 22Does Arlitech Electronic Corp. (GTSM:6432) Have A Place In Your Dividend Stock Portfolio?Could Arlitech Electronic Corp. ( GTSM:6432 ) be an attractive dividend share to own for the long haul? Investors are...분석 기사 • Dec 04Should We Be Excited About The Trends Of Returns At Arlitech Electronic (GTSM:6432)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Is New 90 Day High Low • Dec 04New 90-day high: NT$39.60The company is up 2.0% from its price of NT$38.80 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.95The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$303.2m (up 28% from 3Q 2019). Net income: NT$24.3m (up 24% from 3Q 2019). Profit margin: 8.0% (down from 8.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.주주 수익률6432TW ElectronicTW 시장7D4.1%-0.9%2.3%1Y186.2%212.9%104.6%전체 주주 수익률 보기수익률 대 산업: 6432은 지난 1년 동안 212.9%의 수익을 기록한 TW Electronic 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 6432은 지난 1년 동안 104.6%를 기록한 TW 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 6432's price volatile compared to industry and market?6432 volatility6432 Average Weekly Movement10.5%Electronic Industry Average Movement9.0%Market Average Movement6.3%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.5%안정적인 주가: 6432의 주가는 지난 3개월 동안 TW 시장보다 변동성이 컸습니다.시간에 따른 변동성: 6432의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 TW 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1991n/aQin-Xian Wangwww.arlitech.com는 대만의 LCD 패널 산업에 인덕터를 공급합니다. 이 회사는 SMD 전력, RF 전력, DIP 전력 및 고전류 전력 인덕터와 EMI 억제 필터를 제공합니다. 또한 차량 장착용 제품도 제공합니다.더 보기Arlitech Electronic Corp. 기초 지표 요약Arlitech Electronic의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6432 기초 통계시가총액NT$2.32b순이익 (TTM)NT$24.93m매출 (TTM)NT$1.13b102.2x주가수익비율(P/E)2.3x주가매출비율(P/S)6432는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6432 손익계산서 (TTM)매출NT$1.13b매출원가NT$885.27m총이익NT$246.24m기타 비용NT$221.31m순이익NT$24.93m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.77총이익률21.76%순이익률2.20%부채/자본 비율0%6432의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.5%현재 배당 수익률251%배당 성향6432는 안정적으로 배당을 지급합니까?6432 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 6432를 매수해야 하나요?Arlitech Electronic 배당 일정배당락일Aug 18 2026배당 지급일Sep 15 2026배당락일까지 남은 일수62 days배당 지급일까지 남은 일수90 days6432는 안정적으로 배당을 지급합니까?6432 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 11:00종가2026/06/17 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 소스Arlitech Electronic Corp.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.분석가기관Yucheng ChuCapital Securities Corporation
Declared Dividend • Jun 13Dividend reduced to NT$1.16Dividend of NT$1.16 is 17% lower than last year. Ex-date: 18th August 2026 Payment date: 15th September 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) nor is it covered by cash flows (319% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 38x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.74 (vs NT$0.45 in 1Q 2025)First quarter 2026 results: EPS: NT$0.74 (up from NT$0.45 in 1Q 2025). Revenue: NT$293.7m (up 2.3% from 1Q 2025). Net income: NT$23.9m (up 65% from 1Q 2025). Profit margin: 8.2% (up from 5.1% in 1Q 2025). The increase in margin was primarily 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 increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$37.25, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.
New Risk • Apr 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: 251% Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.48 (vs NT$1.68 in FY 2024)Full year 2025 results: EPS: NT$0.48 (down from NT$1.68 in FY 2024). Revenue: NT$1.12b (up 10% from FY 2024). Net income: NT$15.5m (down 71% from FY 2024). Profit margin: 1.4% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jun 13Dividend reduced to NT$1.16Dividend of NT$1.16 is 17% lower than last year. Ex-date: 18th August 2026 Payment date: 15th September 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) nor is it covered by cash flows (319% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$59.10, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 38x in the Electronic industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.74 (vs NT$0.45 in 1Q 2025)First quarter 2026 results: EPS: NT$0.74 (up from NT$0.45 in 1Q 2025). Revenue: NT$293.7m (up 2.3% from 1Q 2025). Net income: NT$23.9m (up 65% from 1Q 2025). Profit margin: 8.2% (up from 5.1% in 1Q 2025). The increase in margin was primarily 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 increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$37.25, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years.
New Risk • Apr 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: 251% Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Market cap is less than US$100m (NT$1.27b market cap, or US$40.0m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.48 (vs NT$1.68 in FY 2024)Full year 2025 results: EPS: NT$0.48 (down from NT$1.68 in FY 2024). Revenue: NT$1.12b (up 10% from FY 2024). Net income: NT$15.5m (down 71% from FY 2024). Profit margin: 1.4% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Mar 06Arlitech Electronic Corp., Annual General Meeting, Jun 11, 2026Arlitech Electronic Corp., Annual General Meeting, Jun 11, 2026. Location: no,88, min ch`uan rd., banciao district, new taipei city Taiwan
New Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 256% Cash payout ratio: 154% Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$1.06b market cap, or US$33.6m).
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.12 in 3Q 2024). Revenue: NT$290.8m (up 5.8% from 3Q 2024). Net income: NT$15.7m (up 307% from 3Q 2024). Profit margin: 5.4% (up from 1.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 29Now 20% undervaluedOver the last 90 days, the stock has risen 32% to NT$36.95. The fair value is estimated to be NT$46.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 22%.
New Risk • Oct 28New 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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$1.23b market cap, or US$40.3m).
New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 221% 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 Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (NT$906.0m market cap, or US$30.2m).
Upcoming Dividend • Aug 07Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 14 August 2025. Payment date: 15 September 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Declared Dividend • Jul 07Dividend increased to NT$1.40Dividend of NT$1.40 is 13% higher than last year. Ex-date: 14th August 2025 Payment date: 15th September 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.1% to shift the payout ratio to a potentially unsustainable range, which is less than the 6.4% EPS decline seen over the last 5 years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.45 (vs NT$0.51 in 1Q 2024)First quarter 2025 results: EPS: NT$0.45 (down from NT$0.51 in 1Q 2024). Revenue: NT$287.2m (up 25% from 1Q 2024). Net income: NT$14.5m (down 6.7% from 1Q 2024). Profit margin: 5.1% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$24.05, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.68 (vs NT$1.19 in FY 2023)Full year 2024 results: EPS: NT$1.68 (up from NT$1.19 in FY 2023). Revenue: NT$1.02b (down 5.6% from FY 2023). Net income: NT$52.7m (up 45% from FY 2023). Profit margin: 5.2% (up from 3.4% in FY 2023). The increase in margin was driven by lower expenses. 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 8% per year, which means it has not declined as severely as earnings.
공시 • Mar 07Arlitech Electronic Corp., Annual General Meeting, Jun 19, 2025Arlitech Electronic Corp., Annual General Meeting, Jun 19, 2025. Location: no,79, hsin pei ta tao, sinjhuang district, new taipei city Taiwan
New Risk • Aug 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (NT$1.14b market cap, or US$35.6m).
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.24 per shareEligible shareholders must have bought the stock before 26 August 2024. Payment date: 25 September 2024. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.8%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.46 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.63 (up from NT$0.46 in 2Q 2023). Revenue: NT$266.4m (flat on 2Q 2023). Net income: NT$19.2m (up 38% from 2Q 2023). Profit margin: 7.2% (up from 5.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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 19First quarter 2024 earnings released: EPS: NT$0.51 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.51 (up from NT$0.16 in 1Q 2023). Revenue: NT$230.1m (down 7.0% from 1Q 2023). Net income: NT$15.6m (up 215% from 1Q 2023). Profit margin: 6.8% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% 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.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$1.19 (vs NT$1.50 in FY 2022)Full year 2023 results: EPS: NT$1.19 (down from NT$1.50 in FY 2022). Revenue: NT$1.08b (down 3.0% from FY 2022). Net income: NT$36.4m (down 21% from FY 2022). Profit margin: 3.4% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공시 • Mar 14Arlitech Electronic Corp., Annual General Meeting, Jun 13, 2024Arlitech Electronic Corp., Annual General Meeting, Jun 13, 2024.
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Paying a dividend despite having no free cash flows. Earnings have declined by 3.8% per year over the past 5 years. High level of non-cash earnings (46% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (NT$1.14b market cap, or US$36.0m).
New Risk • Nov 01New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (162% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (NT$1.18b market cap, or US$36.2m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.44 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.46 (up from NT$0.44 in 2Q 2022). Revenue: NT$265.7m (down 5.9% from 2Q 2022). Net income: NT$14.0m (up 2.8% from 2Q 2022). Profit margin: 5.3% (up from 4.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 10Upcoming dividend of NT$1.50 per share at 4.3% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 15 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.3%).
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$1.50 (vs NT$2.91 in FY 2021)Full year 2022 results: EPS: NT$1.50 (down from NT$2.91 in FY 2021). Revenue: NT$1.11b (down 18% from FY 2021). Net income: NT$45.9m (down 48% from FY 2021). Profit margin: 4.1% (down from 6.5% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$35.35, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.
Board Change • Nov 16Insufficient 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. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.59 (vs NT$0.71 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.59 (down from NT$0.71 in 3Q 2021). Revenue: NT$237.9m (down 30% from 3Q 2021). Net income: NT$18.0m (down 17% from 3Q 2021). Profit margin: 7.6% (up from 6.4% in 3Q 2021). The increase in margin was driven by lower expenses. 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 9% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$27.50, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: NT$0.44 (vs NT$0.93 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.44 (down from NT$0.93 in 2Q 2021). Revenue: NT$282.3m (down 26% from 2Q 2021). Net income: NT$13.6m (down 52% from 2Q 2021). Profit margin: 4.8% (down from 7.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
Upcoming Dividend • Aug 10Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 17 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.6%).
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$32.05, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.75 (vs NT$0.75 in 1Q 2021). Revenue: NT$358.2m (up 17% from 1Q 2021). Net income: NT$23.0m (up 2.4% from 1Q 2021). Profit margin: 6.4% (down from 7.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%. 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 12% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27Insufficient 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. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.95 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$340.6m (up 12% from 3Q 2020). Net income: NT$21.7m (down 11% from 3Q 2020). Profit margin: 6.4% (down from 8.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 26Upcoming dividend of NT$1.57 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 29 September 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.93 (vs NT$0.95 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$382.3m (up 40% from 2Q 2020). Net income: NT$28.0m (up 21% from 2Q 2020). Profit margin: 7.3% (down from 8.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$38.50, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 82% over the past three years.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.41 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$305.9m (up 34% from 1Q 2020). Net income: NT$22.4m (up 136% from 1Q 2020). Profit margin: 7.3% (up from 4.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Apr 30Arlitech Electronic (GTSM:6432) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Apr 07Should Arlitech Electronic Corp. (GTSM:6432) Be Part Of Your Dividend Portfolio?Is Arlitech Electronic Corp. ( GTSM:6432 ) a good dividend stock? How can we tell? Dividend paying companies with...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.85, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$2.91 (vs NT$2.36 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.10b (up 19% from FY 2019). Net income: NT$74.9m (up 44% from FY 2019). Profit margin: 6.8% (up from 5.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 17We're Watching These Trends At Arlitech Electronic (GTSM:6432)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Feb 24New 90-day high: NT$40.20The company is up 6.0% from its price of NT$37.90 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 27% over the same period.
분석 기사 • Feb 23Has Arlitech Electronic Corp.'s (GTSM:6432) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Arlitech Electronic's (GTSM:6432) stock is up by a considerable 8.5% over the past month. As most would know...
분석 기사 • Feb 03We're Not So Sure You Should Rely on Arlitech Electronic's (GTSM:6432) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
분석 기사 • Jan 11These 4 Measures Indicate That Arlitech Electronic (GTSM:6432) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is New 90 Day High Low • Jan 11New 90-day high: NT$39.75The company is up 8.0% from its price of NT$36.75 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
분석 기사 • Dec 22Does Arlitech Electronic Corp. (GTSM:6432) Have A Place In Your Dividend Stock Portfolio?Could Arlitech Electronic Corp. ( GTSM:6432 ) be an attractive dividend share to own for the long haul? Investors are...
분석 기사 • Dec 04Should We Be Excited About The Trends Of Returns At Arlitech Electronic (GTSM:6432)?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Is New 90 Day High Low • Dec 04New 90-day high: NT$39.60The company is up 2.0% from its price of NT$38.80 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.95The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$303.2m (up 28% from 3Q 2019). Net income: NT$24.3m (up 24% from 3Q 2019). Profit margin: 8.0% (down from 8.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.
