View Future GrowthLien Chang Electronic Enterprise 과거 순이익 실적과거 기준 점검 0/6Lien Chang Electronic Enterprise 의 수입은 연평균 -66.6%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.4%의 비율로 증가했습니다. 매출은 연평균 38.8%의 비율로 감소해 왔습니다.핵심 정보-66.56%순이익 성장률-66.53%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률-38.80%자기자본이익률-22.76%순이익률-75.49%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Mar 11Full year 2025 earnings released: NT$2.10 loss per share (vs NT$0.63 loss in FY 2024)Full year 2025 results: NT$2.10 loss per share (further deteriorated from NT$0.63 loss in FY 2024). Revenue: NT$375.2m (down 7.0% from FY 2024). Net loss: NT$232.5m (loss widened 232% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.15 loss in 3Q 2024)Third quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.15 loss in 3Q 2024). Revenue: NT$85.1m (down 24% from 3Q 2024). Net loss: NT$22.1m (loss widened 32% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.14 loss in 2Q 2024)Second quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.14 loss in 2Q 2024). Revenue: NT$105.8m (up 22% from 2Q 2024). Net loss: NT$22.0m (loss widened 40% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.11 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$115.9m (up 15% from 1Q 2024). Net loss: NT$12.0m (loss narrowed 42% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • May 01Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2025 Results on May 09, 2025Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.63 loss per share (vs NT$0.85 loss in FY 2023)Full year 2024 results: NT$0.63 loss per share (improved from NT$0.85 loss in FY 2023). Revenue: NT$403.6m (down 32% from FY 2023). Net loss: NT$70.1m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesReported Earnings • Mar 11Full year 2025 earnings released: NT$2.10 loss per share (vs NT$0.63 loss in FY 2024)Full year 2025 results: NT$2.10 loss per share (further deteriorated from NT$0.63 loss in FY 2024). Revenue: NT$375.2m (down 7.0% from FY 2024). Net loss: NT$232.5m (loss widened 232% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Mar 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.50b market cap, or US$47.3m).공시 • Mar 03Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 20, 2026Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,397, hsing shan rd., neihu district, taipei city TaiwanNew Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 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 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (NT$1.70b market cap, or US$54.0m).공시 • Dec 20Lien Chang Electronic Enterprise Co., Ltd Appoints Douglas Sun as Chief Operating Officer, Effective December 19, 2025LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD announced the appointment of Douglas Sun as Chief Operating Officer. Douglas Sun was previously the Financial Officer of TECOM CO., LTD. The type of the change is new replacement. The reason for the change is new replacement. The effective date is December 19, 2025.New Risk • Dec 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.27b market cap, or US$40.4m).Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.15 loss in 3Q 2024)Third quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.15 loss in 3Q 2024). Revenue: NT$85.1m (down 24% from 3Q 2024). Net loss: NT$22.1m (loss widened 32% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.New Risk • Sep 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.61b market cap, or US$53.1m).Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.14 loss in 2Q 2024)Second quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.14 loss in 2Q 2024). Revenue: NT$105.8m (up 22% from 2Q 2024). Net loss: NT$22.0m (loss widened 40% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jul 30Now 22% overvaluedOver the last 90 days, the stock has fallen 4.7% to NT$11.05. The fair value is estimated to be NT$9.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 43% over the last 3 years. Earnings per share has declined by 35%.Buy Or Sell Opportunity • Jun 24Now 20% overvaluedOver the last 90 days, the stock has fallen 31% to NT$11.20. The fair value is estimated to be NT$9.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 43% over the last 3 years. Earnings per share has declined by 35%.공시 • May 29Lien Chang Electronic Enterprise Co., Ltd. Elects Tsao, An-Pang and Huang, Tung-Jung as Independent DirectorsLien Chang Electronic Enterprise Co. Ltd. elected Mr. Tsao, An-Pang and Mr. Huang, Tung-Jung as Independent Directors, at its shareholders meeting held on May 28, 2025.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.11 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$115.9m (up 15% from 1Q 2024). Net loss: NT$12.0m (loss narrowed 42% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • May 01Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2025 Results on May 09, 2025Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2025 results on May 09, 2025Buy Or Sell Opportunity • Apr 23Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to NT$10.80. The fair value is estimated to be NT$8.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.63 loss per share (vs NT$0.85 loss in FY 2023)Full year 2024 results: NT$0.63 loss per share (improved from NT$0.85 loss in FY 2023). Revenue: NT$403.6m (down 32% from FY 2023). Net loss: NT$70.1m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.공시 • Mar 14Lien Chang Electronic Enterprise Co., Ltd Announces Changes to Its BoardLien Chang Electronic Enterprise Co. Ltd. announced Change in representative of juristic person director. Name of the previous position holder: Lin,Chiu Chen-BHsiao, Hai-Jhou. Resume of the previous position holder: Lin,Chiu-Chen/Director of Lien Chang Hsiao,Hai-Jhou/Director of Lien Chang. Name of the new position holder: Chen,Heng-Wei-B Lin,Chia-Sheng. Resume of the new position holder: Chen,Heng-Wei/Vice President of TECO Electric & Machinery Co. Ltd. Lin,Jia-Sheng/Director of Finance Department of TECO Electric & Machinery Co. Ltd. Effective date of the new appointment: March 13, 2025.공시 • Mar 13Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 28, 2025Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,397, hsing shan rd., neihu district, taipei city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.15 loss per share (vs NT$0.14 loss in 3Q 2023)Third quarter 2024 results: NT$0.15 loss per share (further deteriorated from NT$0.14 loss in 3Q 2023). Revenue: NT$112.2m (down 33% from 3Q 2023). Net loss: NT$16.8m (loss widened 4.5% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.공시 • Nov 14Lien Chang Electronic Enterprise Co., Ltd Appoints Huang, Ke-Lan to the Remuneration Committee, Effective November 13, 2024Lien Chang Electronic Enterprise Co. Ltd. appointed Huang, Ke-Lan to the Remuneration Committee, effective November 13, 2024. Resume of the new position holder: Remuneration committee member of Lien Chang. Reason for the change: Resignation of the former Compensation Committee member. Original term is from June 15, 2023 to June 13, 2026.공시 • Nov 01Lien Chang Electronic Enterprise Co., Ltd to Report Q3, 2024 Results on Nov 13, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q3, 2024 results on Nov 13, 2024분석 기사 • Oct 25There's Reason For Concern Over Lien Chang Electronic Enterprise Co., Ltd's (TWSE:2431) Massive 33% Price JumpLien Chang Electronic Enterprise Co., Ltd ( TWSE:2431 ) shareholders have had their patience rewarded with a 33% share...Reported Earnings • Aug 10Second quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.14 loss per share (improved from NT$0.15 loss in 2Q 2023). Revenue: NT$86.6m (down 36% from 2Q 2023). Net loss: NT$15.7m (loss narrowed 4.6% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.분석 기사 • Aug 08Here's Why We're Not Too Worried About Lien Chang Electronic Enterprise's (TWSE:2431) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...공시 • Aug 03Lien Chang Electronic Enterprise Co. Ltd. Appoints Huang Dong-Rong as Member of Remuneration CommitteeLien Chang Electronic Enterprise Co. Ltd. announced the appointment of Huang Dong-Rong as the member of Remuneration committee. Resume of the position holder: Huang Dong-Rong /Director, YHC & CO.,CPAs. Circumstances of change: new appointment. Reason for the change: Resignation of the former Compensation Committee member. Original term from June 15, 2023 to June 13, 2026. Effective date of the new member: August 2, 2024.공시 • Jul 26Lien Chang Electronic Enterprise Co., Ltd to Report Q2, 2024 Results on Jul 25, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q2, 2024 results on Jul 25, 2024New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.38b market cap, or US$42.6m).Reported Earnings • May 09First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.17 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.17 loss in 1Q 2023). Revenue: NT$100.6m (down 36% from 1Q 2023). Net loss: NT$20.8m (loss widened 9.0% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.공시 • Apr 28Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2024 Results on May 03, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2024 results on May 03, 2024Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.85 loss per share (vs NT$0.094 profit in FY 2022)Full year 2023 results: NT$0.85 loss per share (down from NT$0.094 profit in FY 2022). Revenue: NT$589.5m (down 41% from FY 2022). Net loss: NT$94.1m (down NT$104.5m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 14Lien Chang Electronic Enterprise Co., Ltd's (TWSE:2431) Shareholders Might Be Looking For ExitWhen you see that almost half of the companies in the Electronic industry in Taiwan have price-to-sales ratios (or...공시 • Mar 12Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 30, 2024Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 30, 2024. Location: 3F, No. 397 Xingshan Road, Neihu District Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committee's review report of 2023; to consider 2023 Employee Remuneration and Director Remuneration Distribution Report; to consider 2023 business report and financial statements; to consider 2023 deficit compensation; and to consider Release of Competition Restriction on Directors.Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.15 loss per share (vs NT$0.06 profit in 2Q 2022)Second quarter 2023 results: NT$0.15 loss per share (down from NT$0.06 profit in 2Q 2022). Revenue: NT$135.5m (down 50% from 2Q 2022). Net loss: NT$16.5m (down 347% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 24Upcoming dividend of NT$0.10 per share at 0.8% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$0.09 (vs NT$1.03 in FY 2021)Full year 2022 results: EPS: NT$0.09 (down from NT$1.03 in FY 2021). Revenue: NT$1.00b (down 36% from FY 2021). Net income: NT$10.4m (down 91% from FY 2021). Profit margin: 1.0% (down from 7.3% 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 32% per year but the company’s share price has increased by 17% 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 is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Chairman Jau-Tsu Lien was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.06 (vs NT$0.23 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.06 (up from NT$0.23 loss in 2Q 2021). Revenue: NT$271.3m (down 30% from 2Q 2021). Net income: NT$6.67m (up NT$31.7m from 2Q 2021). Profit margin: 2.5% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of NT$0.45 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.7%).Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$1.62 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$1.62 profit in 1Q 2021). Revenue: NT$249.3m (down 48% from 1Q 2021). Net loss: NT$12.7m (down 107% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Chairman Jau-Tsu Lien was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 07Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2022Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2022.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$1.03 (vs NT$0.42 in FY 2020)Full year 2021 results: EPS: NT$1.03 (up from NT$0.42 in FY 2020). Revenue: NT$1.57b (down 32% from FY 2020). Net income: NT$114.7m (up 145% from FY 2020). Profit margin: 7.3% (up from 2.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.33 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$321.9m (down 53% from 3Q 2020). Net loss: NT$20.5m (down 156% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.22 loss per share (vs NT$0.083 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$385.3m (down 11% from 2Q 2020). Net loss: NT$25.0m (loss widened 173% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$13.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 5.9% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$1.62 (vs NT$0.15 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$482.5m (down 22% from 1Q 2020). Net income: NT$179.9m (up NT$163.4m from 1Q 2020). Profit margin: 37% (up from 2.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$13.20, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$16.10, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.분석 기사 • Apr 12There's Reason For Concern Over Lien Chang Electronic Enterprise Co., Ltd's (TPE:2431) Massive 26% Price JumpLien Chang Electronic Enterprise Co., Ltd ( TPE:2431 ) shares have had a really impressive month, gaining 26% after a...Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.42 (vs NT$0.08 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.30b (down 23% from FY 2019). Net income: NT$46.8m (up 427% from FY 2019). Profit margin: 2.0% (up from 0.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.분석 기사 • Feb 17Will the Promising Trends At Lien Chang Electronic Enterprise (TPE:2431) Continue?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Is New 90 Day High Low • Jan 29New 90-day low: NT$10.40The company is down 1.0% from its price of NT$10.55 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period.분석 기사 • Jan 04Here's Why Lien Chang Electronic Enterprise's (TPE:2431) Statutory Earnings Are Arguably Too ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...분석 기사 • Nov 30Lien Chang Electronic Enterprise Co., Ltd's (TPE:2431) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?Lien Chang Electronic Enterprise's (TPE:2431) stock is up by a considerable 21% over the past three months. However...Is New 90 Day High Low • Nov 23New 90-day high: NT$11.65The company is up 21% from its price of NT$9.64 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.33The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$677.2m (down 20% from 3Q 2019). Net income: NT$36.8m (down 12% from 3Q 2019). Profit margin: 5.4% (up from 4.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 19Market bids up stock over the past weekAfter last week's 15% share price gain to NT$11.40, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 19.2x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 33%.매출 및 비용 세부 내역Lien Chang Electronic Enterprise가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:2431 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26322-243822731 Dec 25375-233832730 Sep 25411-73772530 Jun 25438-68792531 Mar 25419-61792531 Dec 24404-70802430 Sep 24428-96802530 Jun 24484-95852531 Mar 24533-96892431 Dec 23590-94942430 Sep 23642-371062430 Jun 23773-191122431 Mar 2390941202431 Dec 221,001101292530 Sep 221,197-241312730 Jun 221,220-461332931 Mar 221,334-781413231 Dec 211,5671151593630 Sep 211,7601371804130 Jun 212,1151942024531 Mar 212,1622102084931 Dec 202,298472045230 Sep 202,435522115330 Jun 202,606572235531 Mar 202,875592436031 Dec 192,96792686530 Sep 192,878-982996930 Jun 192,696-1403157431 Mar 192,616-1703257731 Dec 182,428-1903047830 Sep 182,215-1442557730 Jun 182,101-1412227831 Mar 182,115-971988231 Dec 172,303-382018330 Sep 172,640552339030 Jun 172,888762519031 Mar 172,924922599031 Dec 163,036972729230 Sep 163,071382689530 Jun 163,077322849631 Mar 163,249123039431 Dec 153,636353309130 Sep 154,056623788730 Jun 154,51412739186양질의 수익: 2431 은(는) 현재 수익성이 없습니다.이익 마진 증가: 2431는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2431은 수익성이 없으며 지난 5년 동안 손실이 연평균 66.6% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 2431의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 2431은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(-4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 2431는 현재 수익성이 없으므로 자본 수익률이 음수(-22.76%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 04:23종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Lien Chang Electronic Enterprise Co., Ltd는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Mar 11Full year 2025 earnings released: NT$2.10 loss per share (vs NT$0.63 loss in FY 2024)Full year 2025 results: NT$2.10 loss per share (further deteriorated from NT$0.63 loss in FY 2024). Revenue: NT$375.2m (down 7.0% from FY 2024). Net loss: NT$232.5m (loss widened 232% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.15 loss in 3Q 2024)Third quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.15 loss in 3Q 2024). Revenue: NT$85.1m (down 24% from 3Q 2024). Net loss: NT$22.1m (loss widened 32% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.14 loss in 2Q 2024)Second quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.14 loss in 2Q 2024). Revenue: NT$105.8m (up 22% from 2Q 2024). Net loss: NT$22.0m (loss widened 40% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.11 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$115.9m (up 15% from 1Q 2024). Net loss: NT$12.0m (loss narrowed 42% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • May 01Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2025 Results on May 09, 2025Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.63 loss per share (vs NT$0.85 loss in FY 2023)Full year 2024 results: NT$0.63 loss per share (improved from NT$0.85 loss in FY 2023). Revenue: NT$403.6m (down 32% from FY 2023). Net loss: NT$70.1m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 11Full year 2025 earnings released: NT$2.10 loss per share (vs NT$0.63 loss in FY 2024)Full year 2025 results: NT$2.10 loss per share (further deteriorated from NT$0.63 loss in FY 2024). Revenue: NT$375.2m (down 7.0% from FY 2024). Net loss: NT$232.5m (loss widened 232% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Mar 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.50b market cap, or US$47.3m).
공시 • Mar 03Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 20, 2026Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 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 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (NT$1.70b market cap, or US$54.0m).
공시 • Dec 20Lien Chang Electronic Enterprise Co., Ltd Appoints Douglas Sun as Chief Operating Officer, Effective December 19, 2025LIEN CHANG ELECTRONIC ENTERPRISE CO., LTD announced the appointment of Douglas Sun as Chief Operating Officer. Douglas Sun was previously the Financial Officer of TECOM CO., LTD. The type of the change is new replacement. The reason for the change is new replacement. The effective date is December 19, 2025.
New Risk • Dec 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.27b market cap, or US$40.4m).
Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.15 loss in 3Q 2024)Third quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.15 loss in 3Q 2024). Revenue: NT$85.1m (down 24% from 3Q 2024). Net loss: NT$22.1m (loss widened 32% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
New Risk • Sep 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.61b market cap, or US$53.1m).
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.20 loss per share (vs NT$0.14 loss in 2Q 2024)Second quarter 2025 results: NT$0.20 loss per share (further deteriorated from NT$0.14 loss in 2Q 2024). Revenue: NT$105.8m (up 22% from 2Q 2024). Net loss: NT$22.0m (loss widened 40% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jul 30Now 22% overvaluedOver the last 90 days, the stock has fallen 4.7% to NT$11.05. The fair value is estimated to be NT$9.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 43% over the last 3 years. Earnings per share has declined by 35%.
Buy Or Sell Opportunity • Jun 24Now 20% overvaluedOver the last 90 days, the stock has fallen 31% to NT$11.20. The fair value is estimated to be NT$9.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 43% over the last 3 years. Earnings per share has declined by 35%.
공시 • May 29Lien Chang Electronic Enterprise Co., Ltd. Elects Tsao, An-Pang and Huang, Tung-Jung as Independent DirectorsLien Chang Electronic Enterprise Co. Ltd. elected Mr. Tsao, An-Pang and Mr. Huang, Tung-Jung as Independent Directors, at its shareholders meeting held on May 28, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.19 loss in 1Q 2024)First quarter 2025 results: NT$0.11 loss per share (improved from NT$0.19 loss in 1Q 2024). Revenue: NT$115.9m (up 15% from 1Q 2024). Net loss: NT$12.0m (loss narrowed 42% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • May 01Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2025 Results on May 09, 2025Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2025 results on May 09, 2025
Buy Or Sell Opportunity • Apr 23Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to NT$10.80. The fair value is estimated to be NT$8.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 19Full year 2024 earnings released: NT$0.63 loss per share (vs NT$0.85 loss in FY 2023)Full year 2024 results: NT$0.63 loss per share (improved from NT$0.85 loss in FY 2023). Revenue: NT$403.6m (down 32% from FY 2023). Net loss: NT$70.1m (loss narrowed 26% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
공시 • Mar 14Lien Chang Electronic Enterprise Co., Ltd Announces Changes to Its BoardLien Chang Electronic Enterprise Co. Ltd. announced Change in representative of juristic person director. Name of the previous position holder: Lin,Chiu Chen-BHsiao, Hai-Jhou. Resume of the previous position holder: Lin,Chiu-Chen/Director of Lien Chang Hsiao,Hai-Jhou/Director of Lien Chang. Name of the new position holder: Chen,Heng-Wei-B Lin,Chia-Sheng. Resume of the new position holder: Chen,Heng-Wei/Vice President of TECO Electric & Machinery Co. Ltd. Lin,Jia-Sheng/Director of Finance Department of TECO Electric & Machinery Co. Ltd. Effective date of the new appointment: March 13, 2025.
공시 • Mar 13Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 28, 2025Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.15 loss per share (vs NT$0.14 loss in 3Q 2023)Third quarter 2024 results: NT$0.15 loss per share (further deteriorated from NT$0.14 loss in 3Q 2023). Revenue: NT$112.2m (down 33% from 3Q 2023). Net loss: NT$16.8m (loss widened 4.5% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
공시 • Nov 14Lien Chang Electronic Enterprise Co., Ltd Appoints Huang, Ke-Lan to the Remuneration Committee, Effective November 13, 2024Lien Chang Electronic Enterprise Co. Ltd. appointed Huang, Ke-Lan to the Remuneration Committee, effective November 13, 2024. Resume of the new position holder: Remuneration committee member of Lien Chang. Reason for the change: Resignation of the former Compensation Committee member. Original term is from June 15, 2023 to June 13, 2026.
공시 • Nov 01Lien Chang Electronic Enterprise Co., Ltd to Report Q3, 2024 Results on Nov 13, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q3, 2024 results on Nov 13, 2024
분석 기사 • Oct 25There's Reason For Concern Over Lien Chang Electronic Enterprise Co., Ltd's (TWSE:2431) Massive 33% Price JumpLien Chang Electronic Enterprise Co., Ltd ( TWSE:2431 ) shareholders have had their patience rewarded with a 33% share...
Reported Earnings • Aug 10Second quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.15 loss in 2Q 2023)Second quarter 2024 results: NT$0.14 loss per share (improved from NT$0.15 loss in 2Q 2023). Revenue: NT$86.6m (down 36% from 2Q 2023). Net loss: NT$15.7m (loss narrowed 4.6% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
분석 기사 • Aug 08Here's Why We're Not Too Worried About Lien Chang Electronic Enterprise's (TWSE:2431) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
공시 • Aug 03Lien Chang Electronic Enterprise Co. Ltd. Appoints Huang Dong-Rong as Member of Remuneration CommitteeLien Chang Electronic Enterprise Co. Ltd. announced the appointment of Huang Dong-Rong as the member of Remuneration committee. Resume of the position holder: Huang Dong-Rong /Director, YHC & CO.,CPAs. Circumstances of change: new appointment. Reason for the change: Resignation of the former Compensation Committee member. Original term from June 15, 2023 to June 13, 2026. Effective date of the new member: August 2, 2024.
공시 • Jul 26Lien Chang Electronic Enterprise Co., Ltd to Report Q2, 2024 Results on Jul 25, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q2, 2024 results on Jul 25, 2024
New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.38b market cap, or US$42.6m).
Reported Earnings • May 09First quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.17 loss in 1Q 2023)First quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.17 loss in 1Q 2023). Revenue: NT$100.6m (down 36% from 1Q 2023). Net loss: NT$20.8m (loss widened 9.0% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
공시 • Apr 28Lien Chang Electronic Enterprise Co., Ltd to Report Q1, 2024 Results on May 03, 2024Lien Chang Electronic Enterprise Co., Ltd announced that they will report Q1, 2024 results on May 03, 2024
Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.85 loss per share (vs NT$0.094 profit in FY 2022)Full year 2023 results: NT$0.85 loss per share (down from NT$0.094 profit in FY 2022). Revenue: NT$589.5m (down 41% from FY 2022). Net loss: NT$94.1m (down NT$104.5m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 14Lien Chang Electronic Enterprise Co., Ltd's (TWSE:2431) Shareholders Might Be Looking For ExitWhen you see that almost half of the companies in the Electronic industry in Taiwan have price-to-sales ratios (or...
공시 • Mar 12Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 30, 2024Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, May 30, 2024. Location: 3F, No. 397 Xingshan Road, Neihu District Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committee's review report of 2023; to consider 2023 Employee Remuneration and Director Remuneration Distribution Report; to consider 2023 business report and financial statements; to consider 2023 deficit compensation; and to consider Release of Competition Restriction on Directors.
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.15 loss per share (vs NT$0.06 profit in 2Q 2022)Second quarter 2023 results: NT$0.15 loss per share (down from NT$0.06 profit in 2Q 2022). Revenue: NT$135.5m (down 50% from 2Q 2022). Net loss: NT$16.5m (down 347% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 24Upcoming dividend of NT$0.10 per share at 0.8% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$0.09 (vs NT$1.03 in FY 2021)Full year 2022 results: EPS: NT$0.09 (down from NT$1.03 in FY 2021). Revenue: NT$1.00b (down 36% from FY 2021). Net income: NT$10.4m (down 91% from FY 2021). Profit margin: 1.0% (down from 7.3% 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 32% per year but the company’s share price has increased by 17% 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 is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Chairman Jau-Tsu Lien was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.06 (vs NT$0.23 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.06 (up from NT$0.23 loss in 2Q 2021). Revenue: NT$271.3m (down 30% from 2Q 2021). Net income: NT$6.67m (up NT$31.7m from 2Q 2021). Profit margin: 2.5% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of NT$0.45 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.7%).
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$1.62 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$1.62 profit in 1Q 2021). Revenue: NT$249.3m (down 48% from 1Q 2021). Net loss: NT$12.7m (down 107% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Chairman Jau-Tsu Lien was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 07Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2022Lien Chang Electronic Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2022.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$1.03 (vs NT$0.42 in FY 2020)Full year 2021 results: EPS: NT$1.03 (up from NT$0.42 in FY 2020). Revenue: NT$1.57b (down 32% from FY 2020). Net income: NT$114.7m (up 145% from FY 2020). Profit margin: 7.3% (up from 2.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.33 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$321.9m (down 53% from 3Q 2020). Net loss: NT$20.5m (down 156% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.22 loss per share (vs NT$0.083 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$385.3m (down 11% from 2Q 2020). Net loss: NT$25.0m (loss widened 173% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$13.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 5.9% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$1.62 (vs NT$0.15 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$482.5m (down 22% from 1Q 2020). Net income: NT$179.9m (up NT$163.4m from 1Q 2020). Profit margin: 37% (up from 2.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$13.20, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$16.10, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 27% over the past three years.
분석 기사 • Apr 12There's Reason For Concern Over Lien Chang Electronic Enterprise Co., Ltd's (TPE:2431) Massive 26% Price JumpLien Chang Electronic Enterprise Co., Ltd ( TPE:2431 ) shares have had a really impressive month, gaining 26% after a...
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.42 (vs NT$0.08 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.30b (down 23% from FY 2019). Net income: NT$46.8m (up 427% from FY 2019). Profit margin: 2.0% (up from 0.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 17Will the Promising Trends At Lien Chang Electronic Enterprise (TPE:2431) Continue?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Is New 90 Day High Low • Jan 29New 90-day low: NT$10.40The company is down 1.0% from its price of NT$10.55 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period.
분석 기사 • Jan 04Here's Why Lien Chang Electronic Enterprise's (TPE:2431) Statutory Earnings Are Arguably Too ConservativeStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
분석 기사 • Nov 30Lien Chang Electronic Enterprise Co., Ltd's (TPE:2431) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?Lien Chang Electronic Enterprise's (TPE:2431) stock is up by a considerable 21% over the past three months. However...
Is New 90 Day High Low • Nov 23New 90-day high: NT$11.65The company is up 21% from its price of NT$9.64 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.33The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: NT$677.2m (down 20% from 3Q 2019). Net income: NT$36.8m (down 12% from 3Q 2019). Profit margin: 5.4% (up from 4.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 19Market bids up stock over the past weekAfter last week's 15% share price gain to NT$11.40, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 19.2x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 33%.