View Future GrowthCMC Magnetics 과거 순이익 실적과거 기준 점검 3/6CMC Magnetics은 연평균 7.4%의 비율로 수입이 증가해 온 반면, Tech 산업은 수입이 4.9% 증가했습니다. 매출은 연평균 4.6%의 비율로 감소했습니다. CMC Magnetics의 자기자본이익률은 12.4%이고 순이익률은 31.8%입니다.핵심 정보7.45%순이익 성장률7.37%주당순이익(EPS) 성장률Tech 산업 성장률14.00%매출 성장률-4.62%자기자본이익률12.42%순이익률31.79%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 21First quarter 2026 earnings released: NT$0.41 loss per share (vs NT$1.01 loss in 1Q 2025)First quarter 2026 results: NT$0.41 loss per share (improved from NT$1.01 loss in 1Q 2025). Revenue: NT$2.08b (up 16% from 1Q 2025). Net loss: NT$447.4m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.58 (vs NT$0.27 loss in FY 2024)Full year 2025 results: EPS: NT$1.58 (up from NT$0.27 loss in FY 2024). Revenue: NT$7.18b (down 3.4% from FY 2024). Net income: NT$1.73b (up NT$2.02b from FY 2024). Profit margin: 24% (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 fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.83 (vs NT$0.66 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.83 (up from NT$0.66 loss in 3Q 2024). Revenue: NT$1.86b (down 2.5% from 3Q 2024). Net income: NT$905.7m (up NT$1.63b from 3Q 2024). Profit margin: 49% (up from net loss in 3Q 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 11% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.29 in 2Q 2024). Revenue: NT$1.62b (down 8.3% from 2Q 2024). Net income: NT$597.1m (down 57% from 2Q 2024). Profit margin: 37% (down from 79% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: NT$1.01 loss per share (vs NT$0.25 loss in 1Q 2024)First quarter 2025 results: NT$1.01 loss per share (further deteriorated from NT$0.25 loss in 1Q 2024). Revenue: NT$1.79b (down 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 306% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • May 06CMC Magnetics Corporation to Report Q1, 2025 Results on May 13, 2025CMC Magnetics Corporation announced that they will report Q1, 2025 results on May 13, 2025모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$12.75, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 4.0% over the past three years.Reported Earnings • May 21First quarter 2026 earnings released: NT$0.41 loss per share (vs NT$1.01 loss in 1Q 2025)First quarter 2026 results: NT$0.41 loss per share (improved from NT$1.01 loss in 1Q 2025). Revenue: NT$2.08b (up 16% from 1Q 2025). Net loss: NT$447.4m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$11.95, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past three years.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.58 (vs NT$0.27 loss in FY 2024)Full year 2025 results: EPS: NT$1.58 (up from NT$0.27 loss in FY 2024). Revenue: NT$7.18b (down 3.4% from FY 2024). Net income: NT$1.73b (up NT$2.02b from FY 2024). Profit margin: 24% (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 fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Mar 13CMC Magnetics Corporation, Annual General Meeting, Jun 11, 2026CMC Magnetics Corporation, Annual General Meeting, Jun 11, 2026. Location: 1 floor no,350, sung chiang rd., taipei city TaiwanReported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.83 (vs NT$0.66 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.83 (up from NT$0.66 loss in 3Q 2024). Revenue: NT$1.86b (down 2.5% from 3Q 2024). Net income: NT$905.7m (up NT$1.63b from 3Q 2024). Profit margin: 49% (up from net loss in 3Q 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 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 28Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 03 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.7%).New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 4.1% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.29 in 2Q 2024). Revenue: NT$1.62b (down 8.3% from 2Q 2024). Net income: NT$597.1m (down 57% from 2Q 2024). Profit margin: 37% (down from 79% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: NT$1.01 loss per share (vs NT$0.25 loss in 1Q 2024)First quarter 2025 results: NT$1.01 loss per share (further deteriorated from NT$0.25 loss in 1Q 2024). Revenue: NT$1.79b (down 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 306% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • May 06CMC Magnetics Corporation to Report Q1, 2025 Results on May 13, 2025CMC Magnetics Corporation announced that they will report Q1, 2025 results on May 13, 2025New Risk • Mar 26New 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: 3.1% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.27 loss per share (vs NT$1.61 profit in FY 2023)Full year 2024 results: NT$0.27 loss per share (down from NT$1.61 profit in FY 2023). Revenue: NT$7.44b (flat on FY 2023). Net loss: NT$290.1m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Mar 14CMC Magnetics Corporation, Annual General Meeting, Jun 10, 2025CMC Magnetics Corporation, Annual General Meeting, Jun 10, 2025. Location: 1 floor no,350, sung chiang rd., taipei city Taiwan공시 • Mar 06CMC Magnetics Corporation to Report Fiscal Year 2024 Results on Mar 13, 2025CMC Magnetics Corporation announced that they will report fiscal year 2024 results on Mar 13, 2025분석 기사 • Nov 22Shareholders Shouldn’t Be Too Comfortable With CMC Magnetics' (TWSE:2323) Strong EarningsDespite posting strong earnings, CMC Magnetics Corporation's ( TWSE:2323 ) stock didn't move much over the last week...Reported Earnings • Nov 17Third quarter 2024 earnings released: NT$0.66 loss per share (vs NT$0.97 loss in 3Q 2023)Third quarter 2024 results: NT$0.66 loss per share (improved from NT$0.97 loss in 3Q 2023). Revenue: NT$1.91b (down 3.1% from 3Q 2023). Net loss: NT$719.9m (loss narrowed 32% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Nov 05CMC Magnetics Corporation to Report Q3, 2024 Results on Nov 12, 2024CMC Magnetics Corporation announced that they will report Q3, 2024 results on Nov 12, 2024Upcoming Dividend • Aug 28Upcoming dividend of NT$0.68 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 04 October 2024. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (3.1%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.28 (vs NT$1.27 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.28 (up from NT$1.27 in 2Q 2023). Revenue: NT$1.76b (flat on 2Q 2023). Net income: NT$1.40b (up 1.0% from 2Q 2023). Profit margin: 79% (up from 78% in 2Q 2023). 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 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$13.55, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past three years.Buy Or Sell Opportunity • Aug 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to NT$13.55. The fair value is estimated to be NT$11.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable.공시 • Aug 06CMC Magnetics Corporation to Report Q2, 2024 Results on Aug 13, 2024CMC Magnetics Corporation announced that they will report Q2, 2024 results on Aug 13, 2024Reported Earnings • May 18First quarter 2024 earnings released: NT$0.25 loss per share (vs NT$0.62 profit in 1Q 2023)First quarter 2024 results: NT$0.25 loss per share (down from NT$0.62 profit in 1Q 2023). Revenue: NT$1.84b (up 6.2% from 1Q 2023). Net loss: NT$269.5m (down 140% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • May 08CMC Magnetics Corporation to Report Q1, 2024 Results on May 14, 2024CMC Magnetics Corporation announced that they will report Q1, 2024 results on May 14, 2024분석 기사 • Apr 29Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Mar 24CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory ProfitFollowing the solid earnings report from CMC Magnetics Corporation ( TWSE:2323 ), the market responded by bidding up...New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 682% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$1.61 (vs NT$0.95 loss in FY 2022)Full year 2023 results: EPS: NT$1.61 (up from NT$0.95 loss in FY 2022). Revenue: NT$7.38b (down 4.0% from FY 2022). Net income: NT$1.75b (up NT$2.83b from FY 2022). Profit margin: 24% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 19Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is UnlikelyThere wouldn't be many who think CMC Magnetics Corporation's ( TWSE:2323 ) price-to-sales (or "P/S") ratio of 1.8x is...공시 • Mar 15CMC Magnetics Corporation, Annual General Meeting, Jun 14, 2024CMC Magnetics Corporation, Annual General Meeting, Jun 14, 2024. Location: Importers and Exporters Association of Taipei(1F,No.350, Songjiang Rd Taipei Taiwan Agenda: To consider the operational report of 2023; to consider Supervisors review the financial statements of 2023; to consider Report of Remuneration of Directors and Employees; to consider proposal for the operational report and the financial statements of 2023; to consider proposal for 2023 Deficit Compensation; and to consider other matters.공시 • Jan 27CMC Magnetics Corporation Appoints Wong Ming Sen as Chief Strategy OfficerCMC Magnetics Corporation announced the appointment of Wong Ming Sen as Chief Strategy Officer, effective January 26, 2024. Wong Ming Sen is Chairman of the company.New Risk • Dec 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 122% 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. This is currently the only risk that has been identified for the company.New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.4% increase in shares outstanding).New Risk • Sep 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 840% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$1.27 (vs NT$0.51 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.27 (up from NT$0.51 loss in 2Q 2022). Revenue: NT$1.77b (down 5.4% from 2Q 2022). Net income: NT$1.39b (up NT$1.94b from 2Q 2022). Profit margin: 78% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 12CMC Magnetics Corporation Announces Change of Accounting Officer, Effective on August 21, 2023CMC Magnetics Corporation announced that the change of accounting officer. Name, title, and resume of the previous position holder: Cheng Kai-Ling, Acconting Manager. Name, title, and resume of the new position holder: Lee Yung-Chih, Acconting Manager, Senior Manager Accounting of Medtecs (Taiwan) Corporation. The effective date is August 21, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: NT$0.95 loss per share (vs NT$0.15 profit in FY 2021)Full year 2022 results: NT$0.95 loss per share (down from NT$0.15 profit in FY 2021). Revenue: NT$7.69b (down 12% from FY 2021). Net loss: NT$1.08b (down NT$1.24b from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ming-Yen Lee was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 12CMC Magnetics Corporation Appoints Huang, Po-Chiao as Chief Information Security OfficerCMC Magnetics Corporation announced appointment of Huang, Po-Chiao /Information Department of Deputy Manager as Chief information security officer. Effective Date is November 11, 2022.Upcoming Dividend • Oct 07Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 14 October 2022. Payment date: 28 October 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (7.6%).Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.48 loss per share (vs NT$0.25 loss in 2Q 2021)Second quarter 2022 results: NT$0.48 loss per share (down from NT$0.25 loss in 2Q 2021). Revenue: NT$1.87b (down 4.2% from 2Q 2021). Net loss: NT$554.3m (loss widened 93% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Aug 13CMC Magnetics Corporation Appoints Cheng Kai-Ling as Accounting OfficerCMC Magnetics Corporation appointed Cheng Kai-Ling, Manager, Manager Accounting DEPT. as accounting officer, effective date as August 12, 2022.공시 • Jul 09CMC Magnetics Corporation Announces Change of Accounting OfficerCMC Magnetics Corporation announced Change of Accounting officer. Name, title, and resume of the previous position holder: Yang Pi Yin, Senior Manager, Senior Manager Accounting DEPT. Name, title, and resume of the new position holder: Cheng Kai-Ling, Manager, Manager Accounting DEPT. Effective date is July 8, 2022.Reported Earnings • May 17First quarter 2022 earnings released: NT$0.12 loss per share (vs NT$0.17 loss in 1Q 2021)First quarter 2022 results: NT$0.12 loss per share (up from NT$0.17 loss in 1Q 2021). Revenue: NT$2.05b (down 7.0% from 1Q 2021). Net loss: NT$137.5m (loss narrowed 28% from 1Q 2021). 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.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ming-Yen Lee was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$0.14 (vs NT$0.096 in FY 2020)Full year 2021 results: EPS: NT$0.14 (up from NT$0.096 in FY 2020). Revenue: NT$8.71b (down 7.3% from FY 2020). Net income: NT$161.2m (up 45% from FY 2020). Profit margin: 1.8% (up from 1.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Jan 30CMC Magnetics Corporation Announces the Death of Kuo, Chun-Hui / DirectorCMC Magnetics Corporation announced the death of KUO, CHUN-HUI /Director. He has passed away on January 25, 2022.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$10.40, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$10.45, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 15% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.42 (vs NT$0.30 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$2.24b (down 5.7% from 3Q 2020). Net income: NT$482.9m (up NT$828.9m from 3Q 2020). Profit margin: 22% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year.Upcoming Dividend • Aug 30Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 06 September 2021. Payment date: 05 October 2021. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (5.4%).Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.25 loss per share (vs NT$0.97 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$1.96b (up 1.7% from 2Q 2020). Net loss: NT$287.9m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Executive Departure • Jul 28Director Min-Cheng Yeh has left the companyOn the 23rd of July, Min-Cheng Yeh's tenure as Director ended after 24.1 years in the role. We don't have any record of a personal shareholding under Min-Cheng's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.Executive Departure • Jul 28Director Chun-Hui Kuo has left the companyOn the 23rd of July, Chun-Hui Kuo's tenure as Director ended after 15.1 years in the role. We don't have any record of a personal shareholding under Chun-Hui's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.Executive Departure • Jul 28Director Yi-An Zeng has left the companyOn the 23rd of July, Yi-An Zeng's tenure as Director ended after 18.2 years in the role. We don't have any record of a personal shareholding under Yi-An's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.공시 • Jul 14An unknown buyer acquired an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323).An unknown buyer acquired an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323) on July 12, 2021. An unknown buyer completed the acquisition of an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323) on July 12, 2021.Reported Earnings • May 15First quarter 2021 earnings released: NT$0.17 loss per share (vs NT$1.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: NT$2.20b (down 18% from 1Q 2020). Net loss: NT$191.6m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.분석 기사 • Apr 06Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its DividendToday we'll take a closer look at CMC Magnetics Corporation ( TPE:2323 ) from a dividend investor's perspective. Owning...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$0.10 (vs NT$0.23 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$9.40b (up 33% from FY 2019). Net income: NT$111.1m (down 59% from FY 2019). Profit margin: 1.2% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 02Is CMC Magnetics (TPE:2323) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jan 26If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain TodayWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...Is New 90 Day High Low • Dec 30New 90-day high: NT$9.79The company is up 26% from its price of NT$7.80 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 Tech industry, which is up 6.0% over the same period.분석 기사 • Dec 22Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) DividendToday we'll take a closer look at CMC Magnetics Corporation ( TPE:2323 ) from a dividend investor's perspective. Owning...분석 기사 • Nov 26How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?Bob Wong is the CEO of CMC Magnetics Corporation (TPE:2323), and in this article, we analyze the executive's...Is New 90 Day High Low • Nov 19New 90-day high: NT$8.46The company is up 11% from its price of NT$7.59 on 21 August 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is flat over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.30 loss per shareThe company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: NT$2.37b (up 34% from 3Q 2019). Net loss: NT$346.1m (loss widened 33% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Aug 27CMC Magnetics Corporation announced that it expects to receive TWD 411.94263 million in fundingCMC Magnetics Corporation (TSEC:2323) announced a private placement of 113,000 shares at a price of TWD 3,645.51 per share for gross proceeds of TWD 411,942,630 on August 26, 2020. The operational capital of the company is TWD 6,793,598,000매출 및 비용 세부 내역CMC Magnetics가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:2323 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 267,4682,3741,6355831 Dec 257,1831,7261,6428730 Sep 257,192-2931,62014830 Jun 257,240-1,9181,63322931 Mar 257,385-1,1161,65232231 Dec 247,435-2901,63035730 Sep 247,4221,1551,64435630 Jun 247,4848141,65132031 Mar 247,4928011,66031131 Dec 237,3841,7501,67828830 Sep 237,3439011,68428630 Jun 237,2781,6821,70930631 Mar 237,379-2601,69332731 Dec 227,692-1,0781,68433530 Sep 228,145-8151,68034030 Jun 228,477-521,73635231 Mar 228,5592151,76530531 Dec 218,7131611,80332330 Sep 218,8276411,80130430 Jun 218,962-1881,80129131 Mar 218,9301,2221,79830131 Dec 209,4011111,83029630 Sep 208,580-4461,61333630 Jun 207,939-3651,32937231 Mar 207,910-1,2421,09738331 Dec 197,04527381340030 Sep 197,5081,33778036930 Jun 198,1131,53083230831 Mar 198,4091,11386726431 Dec 188,56945095721630 Sep 188,866-9921,03720030 Jun 188,849-1,2141,06921231 Mar 188,898-1,0591,11223031 Dec 179,156-1,1281,13225030 Sep 179,134-2,1291,40426530 Jun 179,623-2,2581,54627131 Mar 1710,386-2,5031,63027831 Dec 1610,962-2,3711,68329930 Sep 1611,300-2,4361,50331230 Jun 1611,649-2,5541,45531631 Mar 1612,097-2,6321,49832531 Dec 1512,788-2,6971,55531930 Sep 1514,304-1,7011,61132230 Jun 1515,176-1,5611,649330양질의 수익: 2323는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2323는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2323는 지난 5년 동안 흑자전환하며 연평균 7.4%의 수익 성장을 기록했습니다.성장 가속화: 2323는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 2323는 지난해 흑자전환하여 지난 해 수익 성장률을 Tech 업계(9.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 2323의 자본 수익률(12.4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/07 13:06종가2026/06/05 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 소스CMC Magnetics Corporation는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullSinoPac Securities Investment Service
Reported Earnings • May 21First quarter 2026 earnings released: NT$0.41 loss per share (vs NT$1.01 loss in 1Q 2025)First quarter 2026 results: NT$0.41 loss per share (improved from NT$1.01 loss in 1Q 2025). Revenue: NT$2.08b (up 16% from 1Q 2025). Net loss: NT$447.4m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.58 (vs NT$0.27 loss in FY 2024)Full year 2025 results: EPS: NT$1.58 (up from NT$0.27 loss in FY 2024). Revenue: NT$7.18b (down 3.4% from FY 2024). Net income: NT$1.73b (up NT$2.02b from FY 2024). Profit margin: 24% (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 fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.83 (vs NT$0.66 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.83 (up from NT$0.66 loss in 3Q 2024). Revenue: NT$1.86b (down 2.5% from 3Q 2024). Net income: NT$905.7m (up NT$1.63b from 3Q 2024). Profit margin: 49% (up from net loss in 3Q 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 11% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.29 in 2Q 2024). Revenue: NT$1.62b (down 8.3% from 2Q 2024). Net income: NT$597.1m (down 57% from 2Q 2024). Profit margin: 37% (down from 79% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: NT$1.01 loss per share (vs NT$0.25 loss in 1Q 2024)First quarter 2025 results: NT$1.01 loss per share (further deteriorated from NT$0.25 loss in 1Q 2024). Revenue: NT$1.79b (down 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 306% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 06CMC Magnetics Corporation to Report Q1, 2025 Results on May 13, 2025CMC Magnetics Corporation announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$12.75, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 4.0% over the past three years.
Reported Earnings • May 21First quarter 2026 earnings released: NT$0.41 loss per share (vs NT$1.01 loss in 1Q 2025)First quarter 2026 results: NT$0.41 loss per share (improved from NT$1.01 loss in 1Q 2025). Revenue: NT$2.08b (up 16% from 1Q 2025). Net loss: NT$447.4m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change).
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$11.95, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 23x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past three years.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.58 (vs NT$0.27 loss in FY 2024)Full year 2025 results: EPS: NT$1.58 (up from NT$0.27 loss in FY 2024). Revenue: NT$7.18b (down 3.4% from FY 2024). Net income: NT$1.73b (up NT$2.02b from FY 2024). Profit margin: 24% (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 fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Mar 13CMC Magnetics Corporation, Annual General Meeting, Jun 11, 2026CMC Magnetics Corporation, Annual General Meeting, Jun 11, 2026. Location: 1 floor no,350, sung chiang rd., taipei city Taiwan
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.83 (vs NT$0.66 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.83 (up from NT$0.66 loss in 3Q 2024). Revenue: NT$1.86b (down 2.5% from 3Q 2024). Net income: NT$905.7m (up NT$1.63b from 3Q 2024). Profit margin: 49% (up from net loss in 3Q 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 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 28Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 03 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.7%).
New Risk • Aug 15New major risk - Revenue and earnings growthEarnings have declined by 4.1% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 4.1% per year over the past 5 years.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.29 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.29 in 2Q 2024). Revenue: NT$1.62b (down 8.3% from 2Q 2024). Net income: NT$597.1m (down 57% from 2Q 2024). Profit margin: 37% (down from 79% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: NT$1.01 loss per share (vs NT$0.25 loss in 1Q 2024)First quarter 2025 results: NT$1.01 loss per share (further deteriorated from NT$0.25 loss in 1Q 2024). Revenue: NT$1.79b (down 2.7% from 1Q 2024). Net loss: NT$1.10b (loss widened 306% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 06CMC Magnetics Corporation to Report Q1, 2025 Results on May 13, 2025CMC Magnetics Corporation announced that they will report Q1, 2025 results on May 13, 2025
New Risk • Mar 26New 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: 3.1% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.27 loss per share (vs NT$1.61 profit in FY 2023)Full year 2024 results: NT$0.27 loss per share (down from NT$1.61 profit in FY 2023). Revenue: NT$7.44b (flat on FY 2023). Net loss: NT$290.1m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Mar 14CMC Magnetics Corporation, Annual General Meeting, Jun 10, 2025CMC Magnetics Corporation, Annual General Meeting, Jun 10, 2025. Location: 1 floor no,350, sung chiang rd., taipei city Taiwan
공시 • Mar 06CMC Magnetics Corporation to Report Fiscal Year 2024 Results on Mar 13, 2025CMC Magnetics Corporation announced that they will report fiscal year 2024 results on Mar 13, 2025
분석 기사 • Nov 22Shareholders Shouldn’t Be Too Comfortable With CMC Magnetics' (TWSE:2323) Strong EarningsDespite posting strong earnings, CMC Magnetics Corporation's ( TWSE:2323 ) stock didn't move much over the last week...
Reported Earnings • Nov 17Third quarter 2024 earnings released: NT$0.66 loss per share (vs NT$0.97 loss in 3Q 2023)Third quarter 2024 results: NT$0.66 loss per share (improved from NT$0.97 loss in 3Q 2023). Revenue: NT$1.91b (down 3.1% from 3Q 2023). Net loss: NT$719.9m (loss narrowed 32% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Nov 05CMC Magnetics Corporation to Report Q3, 2024 Results on Nov 12, 2024CMC Magnetics Corporation announced that they will report Q3, 2024 results on Nov 12, 2024
Upcoming Dividend • Aug 28Upcoming dividend of NT$0.68 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 04 October 2024. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (3.1%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.28 (vs NT$1.27 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.28 (up from NT$1.27 in 2Q 2023). Revenue: NT$1.76b (flat on 2Q 2023). Net income: NT$1.40b (up 1.0% from 2Q 2023). Profit margin: 79% (up from 78% in 2Q 2023). 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 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$13.55, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past three years.
Buy Or Sell Opportunity • Aug 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.1% to NT$13.55. The fair value is estimated to be NT$11.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Aug 06CMC Magnetics Corporation to Report Q2, 2024 Results on Aug 13, 2024CMC Magnetics Corporation announced that they will report Q2, 2024 results on Aug 13, 2024
Reported Earnings • May 18First quarter 2024 earnings released: NT$0.25 loss per share (vs NT$0.62 profit in 1Q 2023)First quarter 2024 results: NT$0.25 loss per share (down from NT$0.62 profit in 1Q 2023). Revenue: NT$1.84b (up 6.2% from 1Q 2023). Net loss: NT$269.5m (down 140% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • May 08CMC Magnetics Corporation to Report Q1, 2024 Results on May 14, 2024CMC Magnetics Corporation announced that they will report Q1, 2024 results on May 14, 2024
분석 기사 • Apr 29Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Mar 24CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory ProfitFollowing the solid earnings report from CMC Magnetics Corporation ( TWSE:2323 ), the market responded by bidding up...
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 682% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$1.61 (vs NT$0.95 loss in FY 2022)Full year 2023 results: EPS: NT$1.61 (up from NT$0.95 loss in FY 2022). Revenue: NT$7.38b (down 4.0% from FY 2022). Net income: NT$1.75b (up NT$2.83b from FY 2022). Profit margin: 24% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 19Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is UnlikelyThere wouldn't be many who think CMC Magnetics Corporation's ( TWSE:2323 ) price-to-sales (or "P/S") ratio of 1.8x is...
공시 • Mar 15CMC Magnetics Corporation, Annual General Meeting, Jun 14, 2024CMC Magnetics Corporation, Annual General Meeting, Jun 14, 2024. Location: Importers and Exporters Association of Taipei(1F,No.350, Songjiang Rd Taipei Taiwan Agenda: To consider the operational report of 2023; to consider Supervisors review the financial statements of 2023; to consider Report of Remuneration of Directors and Employees; to consider proposal for the operational report and the financial statements of 2023; to consider proposal for 2023 Deficit Compensation; and to consider other matters.
공시 • Jan 27CMC Magnetics Corporation Appoints Wong Ming Sen as Chief Strategy OfficerCMC Magnetics Corporation announced the appointment of Wong Ming Sen as Chief Strategy Officer, effective January 26, 2024. Wong Ming Sen is Chairman of the company.
New Risk • Dec 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 122% 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. This is currently the only risk that has been identified for the company.
New Risk • Sep 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.4% increase in shares outstanding).
New Risk • Sep 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 840% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$1.27 (vs NT$0.51 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$1.27 (up from NT$0.51 loss in 2Q 2022). Revenue: NT$1.77b (down 5.4% from 2Q 2022). Net income: NT$1.39b (up NT$1.94b from 2Q 2022). Profit margin: 78% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 12CMC Magnetics Corporation Announces Change of Accounting Officer, Effective on August 21, 2023CMC Magnetics Corporation announced that the change of accounting officer. Name, title, and resume of the previous position holder: Cheng Kai-Ling, Acconting Manager. Name, title, and resume of the new position holder: Lee Yung-Chih, Acconting Manager, Senior Manager Accounting of Medtecs (Taiwan) Corporation. The effective date is August 21, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: NT$0.95 loss per share (vs NT$0.15 profit in FY 2021)Full year 2022 results: NT$0.95 loss per share (down from NT$0.15 profit in FY 2021). Revenue: NT$7.69b (down 12% from FY 2021). Net loss: NT$1.08b (down NT$1.24b from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ming-Yen Lee was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 12CMC Magnetics Corporation Appoints Huang, Po-Chiao as Chief Information Security OfficerCMC Magnetics Corporation announced appointment of Huang, Po-Chiao /Information Department of Deputy Manager as Chief information security officer. Effective Date is November 11, 2022.
Upcoming Dividend • Oct 07Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 14 October 2022. Payment date: 28 October 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (7.6%).
Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.48 loss per share (vs NT$0.25 loss in 2Q 2021)Second quarter 2022 results: NT$0.48 loss per share (down from NT$0.25 loss in 2Q 2021). Revenue: NT$1.87b (down 4.2% from 2Q 2021). Net loss: NT$554.3m (loss widened 93% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Aug 13CMC Magnetics Corporation Appoints Cheng Kai-Ling as Accounting OfficerCMC Magnetics Corporation appointed Cheng Kai-Ling, Manager, Manager Accounting DEPT. as accounting officer, effective date as August 12, 2022.
공시 • Jul 09CMC Magnetics Corporation Announces Change of Accounting OfficerCMC Magnetics Corporation announced Change of Accounting officer. Name, title, and resume of the previous position holder: Yang Pi Yin, Senior Manager, Senior Manager Accounting DEPT. Name, title, and resume of the new position holder: Cheng Kai-Ling, Manager, Manager Accounting DEPT. Effective date is July 8, 2022.
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.12 loss per share (vs NT$0.17 loss in 1Q 2021)First quarter 2022 results: NT$0.12 loss per share (up from NT$0.17 loss in 1Q 2021). Revenue: NT$2.05b (down 7.0% from 1Q 2021). Net loss: NT$137.5m (loss narrowed 28% from 1Q 2021). 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.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Ming-Yen Lee was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$0.14 (vs NT$0.096 in FY 2020)Full year 2021 results: EPS: NT$0.14 (up from NT$0.096 in FY 2020). Revenue: NT$8.71b (down 7.3% from FY 2020). Net income: NT$161.2m (up 45% from FY 2020). Profit margin: 1.8% (up from 1.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Jan 30CMC Magnetics Corporation Announces the Death of Kuo, Chun-Hui / DirectorCMC Magnetics Corporation announced the death of KUO, CHUN-HUI /Director. He has passed away on January 25, 2022.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$10.40, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$10.45, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.42 (vs NT$0.30 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$2.24b (down 5.7% from 3Q 2020). Net income: NT$482.9m (up NT$828.9m from 3Q 2020). Profit margin: 22% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year.
Upcoming Dividend • Aug 30Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 06 September 2021. Payment date: 05 October 2021. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (5.4%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.25 loss per share (vs NT$0.97 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$1.96b (up 1.7% from 2Q 2020). Net loss: NT$287.9m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Executive Departure • Jul 28Director Min-Cheng Yeh has left the companyOn the 23rd of July, Min-Cheng Yeh's tenure as Director ended after 24.1 years in the role. We don't have any record of a personal shareholding under Min-Cheng's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.
Executive Departure • Jul 28Director Chun-Hui Kuo has left the companyOn the 23rd of July, Chun-Hui Kuo's tenure as Director ended after 15.1 years in the role. We don't have any record of a personal shareholding under Chun-Hui's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.
Executive Departure • Jul 28Director Yi-An Zeng has left the companyOn the 23rd of July, Yi-An Zeng's tenure as Director ended after 18.2 years in the role. We don't have any record of a personal shareholding under Yi-An's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years.
공시 • Jul 14An unknown buyer acquired an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323).An unknown buyer acquired an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323) on July 12, 2021. An unknown buyer completed the acquisition of an unknown minority stake in Cathay Holdings Ltd. from CMC Magnetics Corporation (TWSE:2323) on July 12, 2021.
Reported Earnings • May 15First quarter 2021 earnings released: NT$0.17 loss per share (vs NT$1.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: NT$2.20b (down 18% from 1Q 2020). Net loss: NT$191.6m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
분석 기사 • Apr 06Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its DividendToday we'll take a closer look at CMC Magnetics Corporation ( TPE:2323 ) from a dividend investor's perspective. Owning...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$0.10 (vs NT$0.23 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$9.40b (up 33% from FY 2019). Net income: NT$111.1m (down 59% from FY 2019). Profit margin: 1.2% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 02Is CMC Magnetics (TPE:2323) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jan 26If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain TodayWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
Is New 90 Day High Low • Dec 30New 90-day high: NT$9.79The company is up 26% from its price of NT$7.80 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 Tech industry, which is up 6.0% over the same period.
분석 기사 • Dec 22Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) DividendToday we'll take a closer look at CMC Magnetics Corporation ( TPE:2323 ) from a dividend investor's perspective. Owning...
분석 기사 • Nov 26How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?Bob Wong is the CEO of CMC Magnetics Corporation (TPE:2323), and in this article, we analyze the executive's...
Is New 90 Day High Low • Nov 19New 90-day high: NT$8.46The company is up 11% from its price of NT$7.59 on 21 August 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is flat over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.30 loss per shareThe company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: NT$2.37b (up 34% from 3Q 2019). Net loss: NT$346.1m (loss widened 33% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Aug 27CMC Magnetics Corporation announced that it expects to receive TWD 411.94263 million in fundingCMC Magnetics Corporation (TSEC:2323) announced a private placement of 113,000 shares at a price of TWD 3,645.51 per share for gross proceeds of TWD 411,942,630 on August 26, 2020. The operational capital of the company is TWD 6,793,598,000