View Financial HealthTaiwan Printed Circuit Board TechvestLtd 배당 및 자사주 매입배당 기준 점검 2/6Taiwan Printed Circuit Board TechvestLtd 수익으로 충분히 충당되는 현재 수익률 3.39% 보유한 배당금 지급 회사입니다.핵심 정보3.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-1.1%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향53%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 24Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.0%).분석 기사 • Jun 29Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Has Announced That Its Dividend Will Be Reduced To NT$1.00Taiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend from last year's comparable...분석 기사 • Jun 15Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Is Paying Out Less In Dividends Than Last YearTaiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend to NT$1.00 on the 26th of...Declared Dividend • Jun 14Dividend reduced to NT$1.00Dividend of NT$1.00 is 60% lower than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.8% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 14+ 2 more updatesTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Cash Dividend, Payable on July 26, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. approved cash dividend of TWD 271,242,488 (TWD 1.0 per share). Payment date of common stock cash dividend distribution on July 26, 2024. Ex-rights (ex-dividend) record date of July 12, 2024. Ex-rights (ex-dividend) trading date: July 4, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 12, 2024.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.50 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).모든 업데이트 보기Recent updatesReported Earnings • May 18First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.64 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (down from NT$0.64 in 1Q 2025). Revenue: NT$4.85b (up 7.6% from 1Q 2025). Net income: NT$82.3m (down 52% from 1Q 2025). Profit margin: 1.7% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$2.27 (vs NT$2.75 in FY 2024)Full year 2025 results: EPS: NT$2.27 (down from NT$2.75 in FY 2024). Revenue: NT$18.4b (up 3.7% from FY 2024). Net income: NT$614.5m (down 18% from FY 2024). Profit margin: 3.3% (down from 4.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Mar 12Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 27, 2026Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,12, kung yeh rd., pingjhen district, taoyuan city TaiwanReported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.54 (vs NT$0.74 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.54 (down from NT$0.74 in 3Q 2024). Revenue: NT$4.59b (down 1.1% from 3Q 2024). Net income: NT$146.9m (down 27% from 3Q 2024). Profit margin: 3.2% (down from 4.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.79 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.60 (down from NT$0.79 in 2Q 2024). Revenue: NT$4.67b (down 1.7% from 2Q 2024). Net income: NT$161.9m (down 25% from 2Q 2024). Profit margin: 3.5% (down from 4.5% in 2Q 2024). 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 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 24Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.0%).Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.64 (up from NT$0.41 in 1Q 2024). Revenue: NT$4.51b (up 7.9% from 1Q 2024). Net income: NT$172.6m (up 57% from 1Q 2024). Profit margin: 3.8% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.공시 • May 03Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q1, 2025 Results on May 12, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q1, 2025 results on May 12, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$27.45, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 30% over the past three years.Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$2.75 (vs NT$4.03 in FY 2023)Full year 2024 results: EPS: NT$2.75 (down from NT$4.03 in FY 2023). Revenue: NT$17.7b (down 6.5% from FY 2023). Net income: NT$746.3m (down 32% from FY 2023). Profit margin: 4.2% (down from 5.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.공시 • Mar 13Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 28, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 28, 2025. Location: 2 floor no,12, kung yeh rd., pingjhen district, taoyuan city Taiwan공시 • Mar 05Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025New Risk • Jan 02New major risk - Revenue and earnings growthEarnings have declined by 8.1% 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 Risk Earnings have declined by 8.1% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.74 (down from NT$1.10 in 3Q 2023). Revenue: NT$4.65b (down 10.0% from 3Q 2023). Net income: NT$200.0m (down 33% from 3Q 2023). Profit margin: 4.3% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 6.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Nov 06Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q3, 2024 Results on Nov 13, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Aug 14Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$0.79 (down from NT$1.03 in 2Q 2023). Revenue: NT$4.75b (down 6.1% from 2Q 2023). Net income: NT$214.8m (down 23% from 2Q 2023). Profit margin: 4.5% (down from 5.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Aug 03Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024분석 기사 • Jun 29Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Has Announced That Its Dividend Will Be Reduced To NT$1.00Taiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend from last year's comparable...분석 기사 • Jun 15Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Is Paying Out Less In Dividends Than Last YearTaiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend to NT$1.00 on the 26th of...Declared Dividend • Jun 14Dividend reduced to NT$1.00Dividend of NT$1.00 is 60% lower than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.8% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jun 14+ 2 more updatesTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Cash Dividend, Payable on July 26, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. approved cash dividend of TWD 271,242,488 (TWD 1.0 per share). Payment date of common stock cash dividend distribution on July 26, 2024. Ex-rights (ex-dividend) record date of July 12, 2024. Ex-rights (ex-dividend) trading date: July 4, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 12, 2024.New Risk • May 18New major risk - Revenue and earnings growthEarnings have declined by 1.4% 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 1.4% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.82 in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (down from NT$0.82 in 1Q 2023). Revenue: NT$4.17b (down 12% from 1Q 2023). Net income: NT$109.9m (down 51% from 1Q 2023). Profit margin: 2.6% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • May 05Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q1, 2024 Results on May 13, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q1, 2024 results on May 13, 2024Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$4.03 (vs NT$5.44 in FY 2022)Full year 2023 results: EPS: NT$4.03 (down from NT$5.44 in FY 2022). Revenue: NT$18.9b (down 14% from FY 2022). Net income: NT$1.09b (down 26% from FY 2022). Profit margin: 5.8% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Mar 16Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, Jun 12, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, Jun 12, 2024. Location: Pingzhen Industrial Park Service Center (2F., No. 261, Nanfeng Rd., Pingzhen Dist., Taoyuan City) Taoyuan City Taiwan Agenda: To consider 2023 Business Report; Audit Committee Report; Report on the 2023 Distribution of Employees; Compensation and Directors Remuneration; Report on the 2023 Distribution of Cash Dividends of Earning Distribution; and to discuss other matters.Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 3.6% to NT$42.50. The fair value is estimated to be NT$35.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 12%.New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 8.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.6% net profit margin).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$1.03 (vs NT$1.24 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.03 (down from NT$1.24 in 2Q 2022). Revenue: NT$5.06b (down 17% from 2Q 2022). Net income: NT$278.7m (down 17% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.50 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).공시 • Jun 11+ 1 more updateTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Election of Ms. Chung,Yi-Fang as Independent DirectorTaiwan Printed Circuit Board Techvest Co.,Ltd. announced that at its AGM held on June 9, 2023, the shareholders approved election of Ms. CHUNG,YI-FANG as independent director of the company.공시 • May 13Taiwan Printed Circuit Board Techvest Co.,Ltd Announces Cash Dividend, Payable on July 19, 2023Taiwan Printed Circuit Board Techvest Co.,Ltd announced cash dividends to common shareholders of TWD 678,106,220 or TWD 2.5 per share. Payment date of cash dividend distribution is July 19, 2023. Ex-rights (ex-dividend) trading date is June 27, 2023. Last date before book closure is June 28, 2023. Book closure starting date is June 29, 2023. Book closure ending date is July 3, 2023. Ex-rights (ex-dividend) record date is July 3, 2023.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$5.24 (vs NT$8.60 in FY 2021)Full year 2022 results: EPS: NT$5.24 (down from NT$8.60 in FY 2021). Revenue: NT$22.0b (down 20% from FY 2021). Net income: NT$1.47b (down 35% from FY 2021). Profit margin: 6.7% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.13 (vs NT$1.64 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.13 (down from NT$1.64 in 3Q 2021). Revenue: NT$4.26b (down 42% from 3Q 2021). Net income: NT$306.2m (down 29% from 3Q 2021). Profit margin: 7.2% (up from 5.8% in 3Q 2021). 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 2% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 08Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: NT$6.12b (down 9.1% from 2Q 2021). Net income: NT$337.5m (down 32% from 2Q 2021). Profit margin: 5.5% (down from 7.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$40.75, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past three years.Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.3%).공시 • Jun 10Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 09, 2022Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 09, 2022. Agenda: To consider Profit distribution/ deficit compensation: Recognized 2021 Earnings Distribution; to consider Amendments to the corporate charter; to consider Recognized 2021 Business Report and Financial Statements; to consider Release the new institutional director and its representative from Non-Compete Restriction.Reported Earnings • May 08First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.81 (up from NT$1.41 in 1Q 2021). Revenue: NT$6.94b (up 12% from 1Q 2021). Net income: NT$488.7m (up 33% from 1Q 2021). Profit margin: 7.0% (up from 6.0% in 1Q 2021). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to NT$48.15Up from NT$44.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$49.10. Stock is down 10% over the past year. The company is forecast to post earnings per share of NT$7.20 for next year compared to NT$8.60 last year.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$1.64 (vs NT$1.49 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$7.40b (up 20% from 3Q 2020). Net income: NT$432.6m (up 11% from 3Q 2020). Profit margin: 5.8% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.89 (vs NT$1.28 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.74b (up 15% from 2Q 2020). Net income: NT$493.5m (up 47% from 2Q 2020). Profit margin: 7.3% (up from 5.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year.Upcoming Dividend • Jun 22Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 19 July 2021. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.1%).Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.41 (vs NT$3.30 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$6.18b (up 29% from 1Q 2020). Net income: NT$368.2m (down 59% from 1Q 2020). Profit margin: 6.0% (down from 19% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 25Does Taiwan Pcb Techvest (TPE:8213) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Mar 17Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 10, 2021Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 10, 2021.Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$7.28 (vs NT$4.08 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$22.8b (up 5.3% from FY 2019). Net income: NT$1.92b (up 79% from FY 2019). Profit margin: 8.4% (up from 4.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 25Should Taiwan Pcb Techvest Co., Ltd. (TPE:8213) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Taiwan Pcb Techvest Co., Ltd. ( TPE:8213 ) from a dividend investor's perspective...Is New 90 Day High Low • Feb 22New 90-day high: NT$48.50The company is up 9.0% from its price of NT$44.35 on 24 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.분석 기사 • Feb 11Is Taiwan Pcb Techvest (TPE:8213) Struggling?What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...분석 기사 • Jan 27Here's Why I Think Taiwan Pcb Techvest (TPE:8213) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Is New 90 Day High Low • Jan 19New 90-day high: NT$48.05The company is up 16% from its price of NT$41.60 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.분석 기사 • Jan 14Is Taiwan Pcb Techvest Co., Ltd.'s(TPE:8213) Recent Stock Performance Tethered To Its Strong Fundamentals?Most readers would already be aware that Taiwan Pcb Techvest's (TPE:8213) stock increased significantly by 12% over the...분석 기사 • Dec 30Estimating The Fair Value Of Taiwan Pcb Techvest Co., Ltd. (TPE:8213)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Taiwan Pcb Techvest...분석 기사 • Dec 15Should You Rely On Taiwan Pcb Techvest's (TPE:8213) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...Is New 90 Day High Low • Dec 09New 90-day high: NT$46.55The company is up 10.0% from its price of NT$42.15 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.분석 기사 • Dec 02Taiwan Pcb Techvest (TPE:8213) Has Compensated Shareholders With A Respectable 68% Return On Their InvestmentBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...분석 기사 • Nov 19Taiwan Pcb Techvest (TPE:8213) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Nov 19New 90-day high: NT$44.40The company is up 4.0% from its price of NT$42.50 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.49The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.16b (up 6.6% from 3Q 2019). Net income: NT$388.2m (up 12% from 3Q 2019). Profit margin: 6.3% (up from 6.0% in 3Q 2019). The increase in margin was driven by higher revenue. 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 11% per year, which means it is significantly lagging earnings growth.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8213 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 8213 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장Taiwan Printed Circuit Board TechvestLtd 배당 수익률 vs 시장8213의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8213)3.4%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Electronic)1.2%분석가 예측 (8213) (최대 3년)n/a주목할만한 배당금: 8213 의 배당금( 3.39% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.38% )보다 높습니다.고배당: 8213 의 배당금( 3.39% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.97% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 53.3% )을 통해 8213 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 8213 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 23:28종가2026/05/27 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 소스Taiwan Printed Circuit Board Techvest Co.,Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bonny WengKGI Securities Co. Ltd.Junzhe HungMasterlink Securities Investment AdvisoryBamboo LinSinoPac Securities Investment Service1명의 분석가 더 보기
Upcoming Dividend • Jul 24Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.0%).
분석 기사 • Jun 29Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Has Announced That Its Dividend Will Be Reduced To NT$1.00Taiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend from last year's comparable...
분석 기사 • Jun 15Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Is Paying Out Less In Dividends Than Last YearTaiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend to NT$1.00 on the 26th of...
Declared Dividend • Jun 14Dividend reduced to NT$1.00Dividend of NT$1.00 is 60% lower than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.8% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 14+ 2 more updatesTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Cash Dividend, Payable on July 26, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. approved cash dividend of TWD 271,242,488 (TWD 1.0 per share). Payment date of common stock cash dividend distribution on July 26, 2024. Ex-rights (ex-dividend) record date of July 12, 2024. Ex-rights (ex-dividend) trading date: July 4, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 12, 2024.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.50 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).
Reported Earnings • May 18First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.64 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (down from NT$0.64 in 1Q 2025). Revenue: NT$4.85b (up 7.6% from 1Q 2025). Net income: NT$82.3m (down 52% from 1Q 2025). Profit margin: 1.7% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$2.27 (vs NT$2.75 in FY 2024)Full year 2025 results: EPS: NT$2.27 (down from NT$2.75 in FY 2024). Revenue: NT$18.4b (up 3.7% from FY 2024). Net income: NT$614.5m (down 18% from FY 2024). Profit margin: 3.3% (down from 4.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Mar 12Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 27, 2026Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,12, kung yeh rd., pingjhen district, taoyuan city Taiwan
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.54 (vs NT$0.74 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.54 (down from NT$0.74 in 3Q 2024). Revenue: NT$4.59b (down 1.1% from 3Q 2024). Net income: NT$146.9m (down 27% from 3Q 2024). Profit margin: 3.2% (down from 4.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.79 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.60 (down from NT$0.79 in 2Q 2024). Revenue: NT$4.67b (down 1.7% from 2Q 2024). Net income: NT$161.9m (down 25% from 2Q 2024). Profit margin: 3.5% (down from 4.5% in 2Q 2024). 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 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 24Upcoming dividend of NT$1.38 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.0%).
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.64 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.64 (up from NT$0.41 in 1Q 2024). Revenue: NT$4.51b (up 7.9% from 1Q 2024). Net income: NT$172.6m (up 57% from 1Q 2024). Profit margin: 3.8% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
공시 • May 03Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q1, 2025 Results on May 12, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$27.45, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 30% over the past three years.
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$2.75 (vs NT$4.03 in FY 2023)Full year 2024 results: EPS: NT$2.75 (down from NT$4.03 in FY 2023). Revenue: NT$17.7b (down 6.5% from FY 2023). Net income: NT$746.3m (down 32% from FY 2023). Profit margin: 4.2% (down from 5.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
공시 • Mar 13Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 28, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, May 28, 2025. Location: 2 floor no,12, kung yeh rd., pingjhen district, taoyuan city Taiwan
공시 • Mar 05Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025
New Risk • Jan 02New major risk - Revenue and earnings growthEarnings have declined by 8.1% 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 Risk Earnings have declined by 8.1% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.74 (down from NT$1.10 in 3Q 2023). Revenue: NT$4.65b (down 10.0% from 3Q 2023). Net income: NT$200.0m (down 33% from 3Q 2023). Profit margin: 4.3% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 6.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Nov 06Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q3, 2024 Results on Nov 13, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Aug 14Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$0.79 (down from NT$1.03 in 2Q 2023). Revenue: NT$4.75b (down 6.1% from 2Q 2023). Net income: NT$214.8m (down 23% from 2Q 2023). Profit margin: 4.5% (down from 5.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Aug 03Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
분석 기사 • Jun 29Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Has Announced That Its Dividend Will Be Reduced To NT$1.00Taiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend from last year's comparable...
분석 기사 • Jun 15Taiwan Printed Circuit Board TechvestLtd (TWSE:8213) Is Paying Out Less In Dividends Than Last YearTaiwan Printed Circuit Board Techvest Co.,Ltd. ( TWSE:8213 ) is reducing its dividend to NT$1.00 on the 26th of...
Declared Dividend • Jun 14Dividend reduced to NT$1.00Dividend of NT$1.00 is 60% lower than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.8% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 14+ 2 more updatesTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Cash Dividend, Payable on July 26, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. approved cash dividend of TWD 271,242,488 (TWD 1.0 per share). Payment date of common stock cash dividend distribution on July 26, 2024. Ex-rights (ex-dividend) record date of July 12, 2024. Ex-rights (ex-dividend) trading date: July 4, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 12, 2024.
New Risk • May 18New major risk - Revenue and earnings growthEarnings have declined by 1.4% 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 1.4% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.82 in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (down from NT$0.82 in 1Q 2023). Revenue: NT$4.17b (down 12% from 1Q 2023). Net income: NT$109.9m (down 51% from 1Q 2023). Profit margin: 2.6% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • May 05Taiwan Printed Circuit Board Techvest Co.,Ltd. to Report Q1, 2024 Results on May 13, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd. announced that they will report Q1, 2024 results on May 13, 2024
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$4.03 (vs NT$5.44 in FY 2022)Full year 2023 results: EPS: NT$4.03 (down from NT$5.44 in FY 2022). Revenue: NT$18.9b (down 14% from FY 2022). Net income: NT$1.09b (down 26% from FY 2022). Profit margin: 5.8% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Mar 16Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, Jun 12, 2024Taiwan Printed Circuit Board Techvest Co.,Ltd., Annual General Meeting, Jun 12, 2024. Location: Pingzhen Industrial Park Service Center (2F., No. 261, Nanfeng Rd., Pingzhen Dist., Taoyuan City) Taoyuan City Taiwan Agenda: To consider 2023 Business Report; Audit Committee Report; Report on the 2023 Distribution of Employees; Compensation and Directors Remuneration; Report on the 2023 Distribution of Cash Dividends of Earning Distribution; and to discuss other matters.
Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 3.6% to NT$42.50. The fair value is estimated to be NT$35.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 12%.
New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 8.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.6% net profit margin).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$1.03 (vs NT$1.24 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.03 (down from NT$1.24 in 2Q 2022). Revenue: NT$5.06b (down 17% from 2Q 2022). Net income: NT$278.7m (down 17% from 2Q 2022). Profit margin: 5.5% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.50 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).
공시 • Jun 11+ 1 more updateTaiwan Printed Circuit Board Techvest Co.,Ltd. Approves Election of Ms. Chung,Yi-Fang as Independent DirectorTaiwan Printed Circuit Board Techvest Co.,Ltd. announced that at its AGM held on June 9, 2023, the shareholders approved election of Ms. CHUNG,YI-FANG as independent director of the company.
공시 • May 13Taiwan Printed Circuit Board Techvest Co.,Ltd Announces Cash Dividend, Payable on July 19, 2023Taiwan Printed Circuit Board Techvest Co.,Ltd announced cash dividends to common shareholders of TWD 678,106,220 or TWD 2.5 per share. Payment date of cash dividend distribution is July 19, 2023. Ex-rights (ex-dividend) trading date is June 27, 2023. Last date before book closure is June 28, 2023. Book closure starting date is June 29, 2023. Book closure ending date is July 3, 2023. Ex-rights (ex-dividend) record date is July 3, 2023.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$5.24 (vs NT$8.60 in FY 2021)Full year 2022 results: EPS: NT$5.24 (down from NT$8.60 in FY 2021). Revenue: NT$22.0b (down 20% from FY 2021). Net income: NT$1.47b (down 35% from FY 2021). Profit margin: 6.7% (down from 8.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.13 (vs NT$1.64 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.13 (down from NT$1.64 in 3Q 2021). Revenue: NT$4.26b (down 42% from 3Q 2021). Net income: NT$306.2m (down 29% from 3Q 2021). Profit margin: 7.2% (up from 5.8% in 3Q 2021). 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 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 08Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: NT$6.12b (down 9.1% from 2Q 2021). Net income: NT$337.5m (down 32% from 2Q 2021). Profit margin: 5.5% (down from 7.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$40.75, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Upcoming Dividend • Jun 16Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.3%).
공시 • Jun 10Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 09, 2022Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 09, 2022. Agenda: To consider Profit distribution/ deficit compensation: Recognized 2021 Earnings Distribution; to consider Amendments to the corporate charter; to consider Recognized 2021 Business Report and Financial Statements; to consider Release the new institutional director and its representative from Non-Compete Restriction.
Reported Earnings • May 08First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.81 (up from NT$1.41 in 1Q 2021). Revenue: NT$6.94b (up 12% from 1Q 2021). Net income: NT$488.7m (up 33% from 1Q 2021). Profit margin: 7.0% (up from 6.0% in 1Q 2021). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to NT$48.15Up from NT$44.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$49.10. Stock is down 10% over the past year. The company is forecast to post earnings per share of NT$7.20 for next year compared to NT$8.60 last year.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$1.64 (vs NT$1.49 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$7.40b (up 20% from 3Q 2020). Net income: NT$432.6m (up 11% from 3Q 2020). Profit margin: 5.8% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.89 (vs NT$1.28 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.74b (up 15% from 2Q 2020). Net income: NT$493.5m (up 47% from 2Q 2020). Profit margin: 7.3% (up from 5.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year.
Upcoming Dividend • Jun 22Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 19 July 2021. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.1%).
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.41 (vs NT$3.30 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$6.18b (up 29% from 1Q 2020). Net income: NT$368.2m (down 59% from 1Q 2020). Profit margin: 6.0% (down from 19% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 25Does Taiwan Pcb Techvest (TPE:8213) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Mar 17Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 10, 2021Taiwan Pcb Techvest Co., Ltd., Annual General Meeting, Jun 10, 2021.
Reported Earnings • Mar 17Full year 2020 earnings released: EPS NT$7.28 (vs NT$4.08 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$22.8b (up 5.3% from FY 2019). Net income: NT$1.92b (up 79% from FY 2019). Profit margin: 8.4% (up from 4.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 25Should Taiwan Pcb Techvest Co., Ltd. (TPE:8213) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Taiwan Pcb Techvest Co., Ltd. ( TPE:8213 ) from a dividend investor's perspective...
Is New 90 Day High Low • Feb 22New 90-day high: NT$48.50The company is up 9.0% from its price of NT$44.35 on 24 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.
분석 기사 • Feb 11Is Taiwan Pcb Techvest (TPE:8213) Struggling?What financial metrics can indicate to us that a company is maturing or even in decline? Businesses in decline often...
분석 기사 • Jan 27Here's Why I Think Taiwan Pcb Techvest (TPE:8213) Is An Interesting StockFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is New 90 Day High Low • Jan 19New 90-day high: NT$48.05The company is up 16% from its price of NT$41.60 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
분석 기사 • Jan 14Is Taiwan Pcb Techvest Co., Ltd.'s(TPE:8213) Recent Stock Performance Tethered To Its Strong Fundamentals?Most readers would already be aware that Taiwan Pcb Techvest's (TPE:8213) stock increased significantly by 12% over the...
분석 기사 • Dec 30Estimating The Fair Value Of Taiwan Pcb Techvest Co., Ltd. (TPE:8213)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Taiwan Pcb Techvest...
분석 기사 • Dec 15Should You Rely On Taiwan Pcb Techvest's (TPE:8213) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Is New 90 Day High Low • Dec 09New 90-day high: NT$46.55The company is up 10.0% from its price of NT$42.15 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
분석 기사 • Dec 02Taiwan Pcb Techvest (TPE:8213) Has Compensated Shareholders With A Respectable 68% Return On Their InvestmentBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...
분석 기사 • Nov 19Taiwan Pcb Techvest (TPE:8213) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Nov 19New 90-day high: NT$44.40The company is up 4.0% from its price of NT$42.50 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.49The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.16b (up 6.6% from 3Q 2019). Net income: NT$388.2m (up 12% from 3Q 2019). Profit margin: 6.3% (up from 6.0% in 3Q 2019). The increase in margin was driven by higher revenue. 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 11% per year, which means it is significantly lagging earnings growth.