View Future GrowthBenQ Materials 과거 순이익 실적과거 기준 점검 0/6BenQ Materials 의 수입은 연평균 -43.4%의 비율로 감소해 온 반면, Electronic 산업은 연평균 0.4%의 비율로 증가했습니다. 매출은 연평균 3.2%의 비율로 증가해 왔습니다.핵심 정보-43.36%순이익 성장률-43.37%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률3.23%자기자본이익률-8.18%순이익률-3.47%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 09First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.15 profit in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (down from NT$0.15 profit in 1Q 2025). Revenue: NT$4.55b (flat on 1Q 2025). Net loss: NT$204.3m (down NT$252.9m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 25Full year 2025 earnings released: NT$1.14 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.14 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$17.8b (down 4.0% from FY 2024). Net loss: NT$364.5m (down 283% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: NT$0.28 loss per share (down from NT$0.14 profit in 3Q 2024). Revenue: NT$4.52b (flat on 3Q 2024). Net loss: NT$88.3m (down 299% from profit in 3Q 2024). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.006 (down from NT$0.23 in 2Q 2024). Revenue: NT$4.42b (down 3.7% from 2Q 2024). Net income: NT$2.05m (down 97% from 2Q 2024). Profit margin: 0% (down from 1.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 96%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Reported Earnings • May 01First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$0.15 (up from NT$0.11 in 1Q 2024). Revenue: NT$4.58b (flat on 1Q 2024). Net income: NT$48.6m (up 34% from 1Q 2024). Profit margin: 1.1% (up from 0.8% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Over the last 3 years on average, earnings per share has fallen by 60% 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 • Apr 23BenQ Materials Corporation to Report Q1, 2025 Results on Apr 30, 2025BenQ Materials Corporation announced that they will report Q1, 2025 results on Apr 30, 2025모든 업데이트 보기Recent updatesReported Earnings • May 09First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.15 profit in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (down from NT$0.15 profit in 1Q 2025). Revenue: NT$4.55b (flat on 1Q 2025). Net loss: NT$204.3m (down NT$252.9m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.1% 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 Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).공시 • Feb 25BenQ Materials Corporation, Annual General Meeting, May 27, 2026BenQ Materials Corporation, Annual General Meeting, May 27, 2026. Location: no,398, t`ao ying rd., taoyuan district, taoyuan city TaiwanReported Earnings • Feb 25Full year 2025 earnings released: NT$1.14 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.14 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$17.8b (down 4.0% from FY 2024). Net loss: NT$364.5m (down 283% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 493% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.08x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 28x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: NT$0.28 loss per share (down from NT$0.14 profit in 3Q 2024). Revenue: NT$4.52b (flat on 3Q 2024). Net loss: NT$88.3m (down 299% from profit in 3Q 2024). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.New Risk • Aug 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 142% Paying a dividend despite having no free cash flows. Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.006 (down from NT$0.23 in 2Q 2024). Revenue: NT$4.42b (down 3.7% from 2Q 2024). Net income: NT$2.05m (down 97% from 2Q 2024). Profit margin: 0% (down from 1.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 96%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Declared Dividend • Jul 04Dividend reduced to NT$0.62Dividend of NT$0.62 is 48% lower than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.5% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.Price Target Changed • Jun 16Price target decreased by 31% to NT$25.00Down from NT$36.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$24.10. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$1.09 for next year compared to NT$0.62 last year.Reported Earnings • May 01First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$0.15 (up from NT$0.11 in 1Q 2024). Revenue: NT$4.58b (flat on 1Q 2024). Net income: NT$48.6m (up 34% from 1Q 2024). Profit margin: 1.1% (up from 0.8% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Over the last 3 years on average, earnings per share has fallen by 60% 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 • Apr 23BenQ Materials Corporation to Report Q1, 2025 Results on Apr 30, 2025BenQ Materials Corporation announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$21.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 28% over the past three years.Major Estimate Revision • Feb 27Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$19.4b to NT$20.4b. EPS estimate fell from NT$1.56 to NT$1.35 per share. Net income forecast to grow 101% next year vs 23% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$36.00 to NT$34.00. Share price fell 3.0% to NT$29.10 over the past week.공시 • Feb 25BenQ Materials Corporation, Annual General Meeting, May 28, 2025BenQ Materials Corporation, Annual General Meeting, May 28, 2025. Location: no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan공시 • Feb 15BenQ Materials Corporation to Report Q4, 2024 Results on Feb 24, 2025BenQ Materials Corporation announced that they will report Q4, 2024 results on Feb 24, 2025공시 • Jan 25BenQ Materials Corporation Announces the Change of Juristic-Person DirectorBenQ Materials Corporation announced the change of juristic-person director. Name of legal person: BenQ Corporation; Name of the previous position holder: Conway Lee; Resume of the previous position holder: President of Wellell Inc. Name of the new position holder: Michael Tseng; Resume of the new position holder: Chairman of BenQ Corporation. Reason for the change: Assigned a new representative to serve as a juristic-person director. Original term: June 16, 2022 to June 15, 2025. Effective date of the new appointment: January 24, 2025.Major Estimate Revision • Nov 11Consensus EPS estimates fall by 55%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from NT$18.1b to NT$18.3b. EPS estimate fell from NT$1.54 to NT$0.69 per share. Net income forecast to grow 187% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$35.00. Share price rose 6.1% to NT$34.15 over the past week.분석 기사 • Nov 06BenQ Materials Corporation Just Missed EPS By 39%: Here's What Analysts Think Will Happen NextThe third-quarter results for BenQ Materials Corporation ( TWSE:8215 ) were released last week, making it a good time...Reported Earnings • Nov 05Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$0.14 (down from NT$0.58 in 3Q 2023). Revenue: NT$4.49b (down 2.5% from 3Q 2023). Net income: NT$44.5m (down 76% from 3Q 2023). Profit margin: 1.0% (down from 4.1% in 3Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 9.3% 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 38% 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 • Oct 24BenQ Materials Corporation to Report Q3, 2024 Results on Oct 31, 2024BenQ Materials Corporation announced that they will report Q3, 2024 results on Oct 31, 2024Major Estimate Revision • Aug 09Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$0.99 to NT$0.81 per share. Revenue forecast steady at NT$18.1b. Net income forecast to grow 55% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$34.50 unchanged from last update. Share price fell 8.3% to NT$28.55 over the past week.Reported Earnings • Aug 03Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.23 (down from NT$0.45 in 2Q 2023). Revenue: NT$4.59b (down 1.0% from 2Q 2023). Net income: NT$73.7m (down 49% from 2Q 2023). Profit margin: 1.6% (down from 3.1% in 2Q 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 10% 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 23% 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.Buy Or Sell Opportunity • Aug 01Now 21% overvaluedOver the last 90 days, the stock has fallen 5.8% to NT$32.40. The fair value is estimated to be NT$26.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.8%. Revenue is forecast to grow by 5.8% in a year. Earnings are forecast to grow by 18% in the next year.공시 • Jul 25BenQ Materials Corporation to Report Q2, 2024 Results on Aug 01, 2024BenQ Materials Corporation announced that they will report Q2, 2024 results on Aug 01, 2024Major Estimate Revision • Jul 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$1.27 to NT$0.99 per share. Revenue forecast steady at NT$18.0b. Net income forecast to grow 18% next year vs 22% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$34.50 unchanged from last update. Share price fell 6.9% to NT$32.60 over the past week.분석 기사 • Jul 05BenQ Materials (TWSE:8215) Will Pay A Smaller Dividend Than Last YearBenQ Materials Corporation ( TWSE:8215 ) has announced that on 15th of August, it will be paying a dividend ofNT$1.20...Declared Dividend • Jul 05Dividend reduced to NT$1.20Dividend of NT$1.20 is 40% lower than last year. Ex-date: 18th July 2024 Payment date: 15th August 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.7% to bring the payout ratio under control. EPS is expected to grow by 56% over the next year, which is sufficient to bring the dividend into a sustainable range.공시 • May 31BenQ Materials Corporation Approves Cash Dividend for the Year 2023BenQ Materials Corporation at its AGM held on May 30, 2023 approved cash dividend is TWD 1.2 per share for the year 2023.Major Estimate Revision • May 13Consensus EPS estimates fall by 31%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$1.83 to NT$1.27 per share. Revenue forecast steady at NT$17.9b. Net income forecast to grow 35% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$40.50 to NT$34.50. Share price fell 4.4% to NT$32.55 over the past week.Price Target Changed • May 09Price target decreased by 15% to NT$34.50Down from NT$40.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$33.25. The company is forecast to post earnings per share of NT$1.27 for next year compared to NT$1.29 last year.Reported Earnings • May 07First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2023). Revenue: NT$4.59b (up 13% from 1Q 2023). Net income: NT$36.4m (down 27% from 1Q 2023). Profit margin: 0.8% (down from 1.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.공시 • Apr 28BenQ Materials Corporation to Report Q1, 2024 Results on May 06, 2024BenQ Materials Corporation announced that they will report Q1, 2024 results on May 06, 2024Major Estimate Revision • Mar 19Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$2.29 to NT$1.83 per share. Revenue forecast steady at NT$17.9b. Net income forecast to grow 42% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$40.50 unchanged from last update. Share price was steady at NT$33.75 over the past week.Buy Or Sell Opportunity • Feb 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to NT$34.35. The fair value is estimated to be NT$43.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 5.0% in a year. Earnings are forecast to grow by 78% in the next year.Reported Earnings • Feb 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$1.29 (down from NT$4.04 in FY 2022). Revenue: NT$17.1b (up 10% from FY 2022). Net income: NT$414.4m (down 68% from FY 2022). Profit margin: 2.4% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.공시 • Feb 23+ 1 more updateBenQ Materials Corporation, Annual General Meeting, May 30, 2024BenQ Materials Corporation, Annual General Meeting, May 30, 2024. Location: Chuto Hotel(NO.398,TAOYING ROAD TAOYUAN DIST, TAOYUAN CITY,TAIWAN,R.O.C Taoyuan City Taiwan Agenda: To consider Report of 2023 business; to Audit Committee's review report ; to the 2023 Distribution of employees & board directors' remuneration; to the 2023 Distribution of 2023 profits in cash; to Status of conducting private placements of securities; to accept the 2023 Business Report and Financial Statements; and to consider other matters if any.Price Target Changed • Nov 06Price target decreased by 11% to NT$41.65Down from NT$47.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of NT$35.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$1.60 for next year compared to NT$4.04 last year.Reported Earnings • Nov 03Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.58 (down from NT$1.67 in 3Q 2022). Revenue: NT$4.60b (up 26% from 3Q 2022). Net income: NT$186.8m (down 65% from 3Q 2022). Profit margin: 4.1% (down from 15% in 3Q 2022). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 8.1%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 23Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$18.6b to NT$18.4b. EPS estimate also fell from NT$1.94 per share to NT$1.72 per share. Net income forecast to shrink 25% next year vs 5.2% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$47.00 to NT$45.50. Share price was steady at NT$35.45 over the past week.Major Estimate Revision • Aug 12Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$2.65 to NT$1.94 per share. Revenue forecast steady at NT$18.6b. Net income forecast to shrink 11% next year vs 0.9% decline forecast for Electronic industry in Taiwan. Consensus price target up from NT$45.00 to NT$47.00. Share price fell 5.3% to NT$36.70 over the past week.New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Aug 03Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: NT$0.45 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.64b (up 13% from 2Q 2022). Net income: NT$143.8m (down 45% from 2Q 2022). Profit margin: 3.1% (down from 6.4% in 2Q 2022). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Taiwan. 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 33% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 11Upcoming dividend of NT$2.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.3%).New Risk • Jul 07New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.공시 • Jul 04BenQ Materials Corporation Announces Dividend, Payment Date of Cash Dividend Distribution of August 15, 2023BenQ Materials Corporation announced dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 641,349,028 (TWD 2 per share) of common stock. Ex-rights (ex-dividend) trading date: 2023/07/18, Last date before book closure: July 19, 2023, Book closure starting date: July 20, 2023, Book closure ending date: July 24, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Payment date of cash dividend distribution of August 15, 2023.Price Target Changed • Mar 04Price target increased by 14% to NT$41.00Up from NT$36.00, the current price target is an average from 2 analysts. New target price is 8.8% above last closing price of NT$37.70. Stock is up 11% over the past year. The company is forecast to post earnings per share of NT$2.74 for next year compared to NT$4.04 last year.Major Estimate Revision • Mar 03Consensus EPS estimates increase by 21%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$2.31 to NT$2.80. Revenue forecast steady at NT$16.7b. Net income forecast to shrink 31% next year vs 3.1% growth forecast for Electronic industry in Taiwan . Consensus price target up from NT$36.00 to NT$38.00. Share price rose 3.6% to NT$37.70 over the past week.Reported Earnings • Feb 27Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: NT$4.04 (up from NT$3.03 in FY 2021). Revenue: NT$15.5b (down 5.7% from FY 2021). Net income: NT$1.30b (up 33% from FY 2021). Profit margin: 8.3% (up from 5.9% in FY 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 29Price target increased to NT$36.00Up from NT$33.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$32.50. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$3.71 for next year compared to NT$3.03 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Louis Y. Y. Lu was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • Nov 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$16.1b to NT$15.3b. EPS estimate rose from NT$3.10 to NT$3.64. Net income forecast to shrink 38% next year vs 11% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$33.50 to NT$32.50. Share price rose 3.6% to NT$31.35 over the past week.Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$1.67 (up from NT$0.84 in 3Q 2021). Revenue: NT$3.65b (down 9.9% from 3Q 2021). Net income: NT$534.0m (up 99% from 3Q 2021). Profit margin: 15% (up from 6.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Nov 03BenQ Materials Corporation (TWSE:8215) agreed to acquire 51% stake in Web Pro Corp for TWD 3.2 billion.BenQ Materials Corporation (TWSE:8215) agreed to acquire 51% stake in Web Pro Corp for TWD 3.2 billion on November 1, 2022. The transaction is approved by board of directors of BenQ Materials Corporation.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$29.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Electronic industry in Taiwan. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$20.41 per share.공시 • Oct 20BenQ Materials Corporation Announces Resignation of Tri-Rung Yew as Independent DirectorBenQ Materials Corporation announced resignation of Tri-Rung Yew as independent director. Resume of the previous position holder is Independent director of BMC. Original term from June 16, 2022 to June 15, 2025.Price Target Changed • Aug 10Price target decreased to NT$36.33Down from NT$40.50, the current price target is an average from 3 analysts. New target price is 20% above last closing price of NT$30.35. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$3.13 for next year compared to NT$3.03 last year.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$0.82 (down from NT$0.86 in 2Q 2021). Revenue: NT$4.11b (down 4.0% from 2Q 2021). Net income: NT$259.5m (down 5.6% from 2Q 2021). Profit margin: 6.3% (down from 6.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 6.1%, compared to a 8.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 08Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.9%).공시 • Jul 01BenQ Materials Corporation Announces Cash Dividend, Payable on August 12, 2022BenQ Materials Corporation announced cash dividend of TWD 481,011,771 or TWD 1.5 per share. Ex-rights (ex-dividend) trading date is July 15, 2022. Ex-rights (ex-dividend) record date is July 23, 2022. Cash dividend will be paid on August 12, 2022.공시 • Jun 17BenQ Materials Corporation Approves the Cash Dividend for 2021BenQ Materials Corporation approved the cash dividend is TWD 1.5 per share for 2021, at its AGM, held on June 16, 2022.Major Estimate Revision • Jun 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$3.11 to NT$3.63. Revenue forecast steady at NT$17.0b. Net income forecast to grow 2.4% next year vs 12% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$40.60. Share price was steady at NT$36.35 over the past week.Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.91 (up from NT$0.52 in 1Q 2021). Revenue: NT$4.16b (up 2.2% from 1Q 2021). Net income: NT$292.8m (up 76% from 1Q 2021). Profit margin: 7.0% (up from 4.1% in 1Q 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 4.6%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Louis Y. Y. Lu was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be NT$44.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 3.8% in the next 2 years.Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$3.03 (up from NT$1.24 in FY 2020). Revenue: NT$16.5b (up 9.5% from FY 2020). Net income: NT$971.6m (up 145% from FY 2020). Profit margin: 5.9% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 9.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Feb 26+ 1 more updateBenQ Materials Corporation announced a financing transactionBenQ Materials Corporation announced a private placement to issue overseas or domestic convertible bonds in private placement on February 24, 2022. The bonds shall be issued no less than 80% of the theoretical price. The bonds shall be issued not exceeding seven years. The bonds shall be convertible into shares of the company. The transaction has been approved by the board of directors of the company.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$0.84 (vs NT$0.36 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.05b (up 5.8% from 3Q 2020). Net income: NT$268.0m (up 131% from 3Q 2020). Profit margin: 6.6% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 38% per year.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$39.35, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 183% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$33.32 per share.Price Target Changed • Aug 20Price target increased to NT$36.25Up from NT$33.00, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of NT$39.30. Stock is up 114% over the past year.Major Estimate Revision • Aug 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from NT$17.4b to NT$17.1b. EPS estimate rose from NT$2.37 to NT$3.10. Net income forecast to grow 29% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$33.00 to NT$36.25. Share price rose 11% to NT$39.30 over the past week.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$33.65, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$33.39 per share.Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS NT$0.86 (vs NT$0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.28b (up 15% from 2Q 2020). Net income: NT$274.9m (up 258% from 2Q 2020). Profit margin: 6.4% (up from 2.1% in 2Q 2020). The increase in margin was driven by higher revenue. 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 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$30.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$22.54 per share.Upcoming Dividend • Jul 15Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 17 August 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.9%).Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.10 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.08b (up 18% from 1Q 2020). Net income: NT$166.3m (up 411% from 1Q 2020). Profit margin: 4.1% (up from 0.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.15, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$24.68 per share.Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 16% growth forecast for the Electronic industry in Taiwan.공시 • Feb 26+ 1 more updateBenQ Materials Corporation announced a financing transactionBenQ Materials Corporation (TSEC:8215) announced a private placement of common shares on February 25, 2021. The shares shall be issued at a price which is no less than 80% of the reference price. The transaction has been approved by the board of directors of the company.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$1.23 (vs NT$0.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$15.0b (up 7.9% from FY 2019). Net income: NT$396.0m (up 54% from FY 2019). Profit margin: 2.6% (up from 1.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.분석 기사 • Feb 11At NT$30.05, Is It Time To Put BenQ Materials Corporation (TPE:8215) On Your Watch List?BenQ Materials Corporation ( TPE:8215 ), might not be a large cap stock, but it received a lot of attention from a...Is New 90 Day High Low • Jan 28New 90-day high: NT$31.00The company is up 40% from its price of NT$22.20 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$6.11 per share.분석 기사 • Jan 28If You Had Bought BenQ Materials (TPE:8215) Stock A Year Ago, You Could Pocket A 66% Gain TodayPassive investing in index funds can generate returns that roughly match the overall market. But one can do better than...Major Estimate Revision • Jan 19Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from NT$1.06 to NT$1.22. Revenue estimate for the same period was approximately flat at NT$15.0b. Net income is expected to grow by 163% next year compared to 27% growth forecast for the Electronic industry in Taiwan. The consensus price target increased from NT$28.23 to NT$32.33. Share price is up 3.3% to NT$27.80 over the past week.분석 기사 • Dec 30BenQ Materials (TPE:8215) Takes On Some Risk With Its Use Of DebtThe 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 • Dec 28New 90-day high: NT$28.50The company is up 33% from its price of NT$21.40 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$13.07 per share.분석 기사 • Dec 15Is BenQ Materials (TPE:8215) Set To Make A Turnaround?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Is New 90 Day High Low • Dec 01New 90-day high: NT$26.00The company is up 13% from its price of NT$22.95 on 02 September 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 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$11.51 per share.분석 기사 • Nov 30Should You Buy BenQ Materials Corporation (TPE:8215) For Its Dividend?Could BenQ Materials Corporation (TPE:8215) be an attractive dividend share to own for the long haul? Investors are...분석 기사 • Nov 18Does BenQ Materials's (TPE:8215) Statutory Profit Adequately Reflect Its Underlying Profit?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...Analyst Estimate Surprise Post Earnings • Nov 11Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.004%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.1%, compared to a 11% growth forecast for the Electronic industry in Taiwan.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$0.36The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$3.83b (up 8.5% from 3Q 2019). Net income: NT$116.3m (up 70% from 3Q 2019). Profit margin: 3.0% (up from 1.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS NT$0.36The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$3.83b (up 8.5% from 3Q 2019). Net income: NT$116.3m (up 70% from 3Q 2019). Profit margin: 3.0% (up from 1.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.004%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.1%, compared to a 11% growth forecast for the Electronic industry in Taiwan.매출 및 비용 세부 내역BenQ Materials가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:8215 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2617,812-6171,8521,18631 Dec 2517,846-3641,8051,15030 Sep 2518,43771,7901,13430 Jun 2518,4071401,8151,15231 Mar 2518,5762111,8291,11431 Dec 2418,5891991,8411,08430 Sep 2417,4931881,7911,02930 Jun 2417,6073311,75097831 Mar 2417,6544011,71297631 Dec 2317,1284141,65293930 Sep 2316,9225881,59392830 Jun 2315,9679351,54193231 Mar 2315,4431,0531,51190331 Dec 2215,5401,2961,49588730 Sep 2215,9981,3511,48986930 Jun 2216,3981,0851,44480431 Mar 2216,5691,0981,39077531 Dec 2116,4829721,32075930 Sep 2116,4668791,25171030 Jun 2116,2457281,18667131 Mar 2115,6835301,11066531 Dec 2015,0503961,08664030 Sep 2014,3562571,08665030 Jun 2014,0562101,09668131 Mar 2013,9952201,11668131 Dec 1913,9432571,10268630 Sep 1913,9883161,05467330 Jun 1913,83634899565631 Mar 1913,19628989463931 Dec 1812,76432981864130 Sep 1811,95836673166130 Jun 1811,36443367568731 Mar 1811,01548167870831 Dec 1711,13352569169630 Sep 1711,74345466965530 Jun 1712,179-4666360431 Mar 1712,650-19062357931 Dec 1612,754-42062858430 Sep 1613,026-45267762730 Jun 1613,408-471169031 Mar 1613,97121380969631 Dec 1514,62950684672130 Sep 1515,24767081463830 Jun 1515,785725793527양질의 수익: 8215 은(는) 현재 수익성이 없습니다.이익 마진 증가: 8215는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 8215은 수익성이 없으며 지난 5년 동안 손실이 연평균 43.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 8215의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 8215은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(-3.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 8215는 현재 수익성이 없으므로 자본 수익률이 음수(-8.18%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 08:37종가2026/05/21 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 소스BenQ Materials Corporation는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Eric KaoKGI Securities Co. Ltd.Zhilong YenMasterlink Securities Investment Advisory
Reported Earnings • May 09First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.15 profit in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (down from NT$0.15 profit in 1Q 2025). Revenue: NT$4.55b (flat on 1Q 2025). Net loss: NT$204.3m (down NT$252.9m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 25Full year 2025 earnings released: NT$1.14 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.14 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$17.8b (down 4.0% from FY 2024). Net loss: NT$364.5m (down 283% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: NT$0.28 loss per share (down from NT$0.14 profit in 3Q 2024). Revenue: NT$4.52b (flat on 3Q 2024). Net loss: NT$88.3m (down 299% from profit in 3Q 2024). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.006 (down from NT$0.23 in 2Q 2024). Revenue: NT$4.42b (down 3.7% from 2Q 2024). Net income: NT$2.05m (down 97% from 2Q 2024). Profit margin: 0% (down from 1.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 96%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 01First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$0.15 (up from NT$0.11 in 1Q 2024). Revenue: NT$4.58b (flat on 1Q 2024). Net income: NT$48.6m (up 34% from 1Q 2024). Profit margin: 1.1% (up from 0.8% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Over the last 3 years on average, earnings per share has fallen by 60% 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 • Apr 23BenQ Materials Corporation to Report Q1, 2025 Results on Apr 30, 2025BenQ Materials Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • May 09First quarter 2026 earnings released: NT$0.64 loss per share (vs NT$0.15 profit in 1Q 2025)First quarter 2026 results: NT$0.64 loss per share (down from NT$0.15 profit in 1Q 2025). Revenue: NT$4.55b (flat on 1Q 2025). Net loss: NT$204.3m (down NT$252.9m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.1% 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 Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Earnings have declined by 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change).
공시 • Feb 25BenQ Materials Corporation, Annual General Meeting, May 27, 2026BenQ Materials Corporation, Annual General Meeting, May 27, 2026. Location: no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan
Reported Earnings • Feb 25Full year 2025 earnings released: NT$1.14 loss per share (vs NT$0.62 profit in FY 2024)Full year 2025 results: NT$1.14 loss per share (down from NT$0.62 profit in FY 2024). Revenue: NT$17.8b (down 4.0% from FY 2024). Net loss: NT$364.5m (down 283% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 493% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.08x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 28x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: NT$0.28 loss per share (down from NT$0.14 profit in 3Q 2024). Revenue: NT$4.52b (flat on 3Q 2024). Net loss: NT$88.3m (down 299% from profit in 3Q 2024). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
New Risk • Aug 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 142% Paying a dividend despite having no free cash flows. Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.006 (down from NT$0.23 in 2Q 2024). Revenue: NT$4.42b (down 3.7% from 2Q 2024). Net income: NT$2.05m (down 97% from 2Q 2024). Profit margin: 0% (down from 1.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 96%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Declared Dividend • Jul 04Dividend reduced to NT$0.62Dividend of NT$0.62 is 48% lower than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.5% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.
Price Target Changed • Jun 16Price target decreased by 31% to NT$25.00Down from NT$36.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$24.10. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$1.09 for next year compared to NT$0.62 last year.
Reported Earnings • May 01First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: EPS: NT$0.15 (up from NT$0.11 in 1Q 2024). Revenue: NT$4.58b (flat on 1Q 2024). Net income: NT$48.6m (up 34% from 1Q 2024). Profit margin: 1.1% (up from 0.8% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Over the last 3 years on average, earnings per share has fallen by 60% 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 • Apr 23BenQ Materials Corporation to Report Q1, 2025 Results on Apr 30, 2025BenQ Materials Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$21.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 28% over the past three years.
Major Estimate Revision • Feb 27Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from NT$19.4b to NT$20.4b. EPS estimate fell from NT$1.56 to NT$1.35 per share. Net income forecast to grow 101% next year vs 23% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$36.00 to NT$34.00. Share price fell 3.0% to NT$29.10 over the past week.
공시 • Feb 25BenQ Materials Corporation, Annual General Meeting, May 28, 2025BenQ Materials Corporation, Annual General Meeting, May 28, 2025. Location: no,398, t`ao ying rd., taoyuan district, taoyuan city Taiwan
공시 • Feb 15BenQ Materials Corporation to Report Q4, 2024 Results on Feb 24, 2025BenQ Materials Corporation announced that they will report Q4, 2024 results on Feb 24, 2025
공시 • Jan 25BenQ Materials Corporation Announces the Change of Juristic-Person DirectorBenQ Materials Corporation announced the change of juristic-person director. Name of legal person: BenQ Corporation; Name of the previous position holder: Conway Lee; Resume of the previous position holder: President of Wellell Inc. Name of the new position holder: Michael Tseng; Resume of the new position holder: Chairman of BenQ Corporation. Reason for the change: Assigned a new representative to serve as a juristic-person director. Original term: June 16, 2022 to June 15, 2025. Effective date of the new appointment: January 24, 2025.
Major Estimate Revision • Nov 11Consensus EPS estimates fall by 55%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from NT$18.1b to NT$18.3b. EPS estimate fell from NT$1.54 to NT$0.69 per share. Net income forecast to grow 187% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$35.00. Share price rose 6.1% to NT$34.15 over the past week.
분석 기사 • Nov 06BenQ Materials Corporation Just Missed EPS By 39%: Here's What Analysts Think Will Happen NextThe third-quarter results for BenQ Materials Corporation ( TWSE:8215 ) were released last week, making it a good time...
Reported Earnings • Nov 05Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: NT$0.14 (down from NT$0.58 in 3Q 2023). Revenue: NT$4.49b (down 2.5% from 3Q 2023). Net income: NT$44.5m (down 76% from 3Q 2023). Profit margin: 1.0% (down from 4.1% in 3Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 9.3% 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 38% 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 • Oct 24BenQ Materials Corporation to Report Q3, 2024 Results on Oct 31, 2024BenQ Materials Corporation announced that they will report Q3, 2024 results on Oct 31, 2024
Major Estimate Revision • Aug 09Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$0.99 to NT$0.81 per share. Revenue forecast steady at NT$18.1b. Net income forecast to grow 55% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$34.50 unchanged from last update. Share price fell 8.3% to NT$28.55 over the past week.
Reported Earnings • Aug 03Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.23 (down from NT$0.45 in 2Q 2023). Revenue: NT$4.59b (down 1.0% from 2Q 2023). Net income: NT$73.7m (down 49% from 2Q 2023). Profit margin: 1.6% (down from 3.1% in 2Q 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 10% 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 23% 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.
Buy Or Sell Opportunity • Aug 01Now 21% overvaluedOver the last 90 days, the stock has fallen 5.8% to NT$32.40. The fair value is estimated to be NT$26.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.8%. Revenue is forecast to grow by 5.8% in a year. Earnings are forecast to grow by 18% in the next year.
공시 • Jul 25BenQ Materials Corporation to Report Q2, 2024 Results on Aug 01, 2024BenQ Materials Corporation announced that they will report Q2, 2024 results on Aug 01, 2024
Major Estimate Revision • Jul 24Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$1.27 to NT$0.99 per share. Revenue forecast steady at NT$18.0b. Net income forecast to grow 18% next year vs 22% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$34.50 unchanged from last update. Share price fell 6.9% to NT$32.60 over the past week.
분석 기사 • Jul 05BenQ Materials (TWSE:8215) Will Pay A Smaller Dividend Than Last YearBenQ Materials Corporation ( TWSE:8215 ) has announced that on 15th of August, it will be paying a dividend ofNT$1.20...
Declared Dividend • Jul 05Dividend reduced to NT$1.20Dividend of NT$1.20 is 40% lower than last year. Ex-date: 18th July 2024 Payment date: 15th August 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.7% to bring the payout ratio under control. EPS is expected to grow by 56% over the next year, which is sufficient to bring the dividend into a sustainable range.
공시 • May 31BenQ Materials Corporation Approves Cash Dividend for the Year 2023BenQ Materials Corporation at its AGM held on May 30, 2023 approved cash dividend is TWD 1.2 per share for the year 2023.
Major Estimate Revision • May 13Consensus EPS estimates fall by 31%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$1.83 to NT$1.27 per share. Revenue forecast steady at NT$17.9b. Net income forecast to grow 35% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target down from NT$40.50 to NT$34.50. Share price fell 4.4% to NT$32.55 over the past week.
Price Target Changed • May 09Price target decreased by 15% to NT$34.50Down from NT$40.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$33.25. The company is forecast to post earnings per share of NT$1.27 for next year compared to NT$1.29 last year.
Reported Earnings • May 07First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2023). Revenue: NT$4.59b (up 13% from 1Q 2023). Net income: NT$36.4m (down 27% from 1Q 2023). Profit margin: 0.8% (down from 1.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
공시 • Apr 28BenQ Materials Corporation to Report Q1, 2024 Results on May 06, 2024BenQ Materials Corporation announced that they will report Q1, 2024 results on May 06, 2024
Major Estimate Revision • Mar 19Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$2.29 to NT$1.83 per share. Revenue forecast steady at NT$17.9b. Net income forecast to grow 42% next year vs 33% growth forecast for Electronic industry in Taiwan. Consensus price target of NT$40.50 unchanged from last update. Share price was steady at NT$33.75 over the past week.
Buy Or Sell Opportunity • Feb 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to NT$34.35. The fair value is estimated to be NT$43.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 5.0% in a year. Earnings are forecast to grow by 78% in the next year.
Reported Earnings • Feb 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: NT$1.29 (down from NT$4.04 in FY 2022). Revenue: NT$17.1b (up 10% from FY 2022). Net income: NT$414.4m (down 68% from FY 2022). Profit margin: 2.4% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
공시 • Feb 23+ 1 more updateBenQ Materials Corporation, Annual General Meeting, May 30, 2024BenQ Materials Corporation, Annual General Meeting, May 30, 2024. Location: Chuto Hotel(NO.398,TAOYING ROAD TAOYUAN DIST, TAOYUAN CITY,TAIWAN,R.O.C Taoyuan City Taiwan Agenda: To consider Report of 2023 business; to Audit Committee's review report ; to the 2023 Distribution of employees & board directors' remuneration; to the 2023 Distribution of 2023 profits in cash; to Status of conducting private placements of securities; to accept the 2023 Business Report and Financial Statements; and to consider other matters if any.
Price Target Changed • Nov 06Price target decreased by 11% to NT$41.65Down from NT$47.00, the current price target is an average from 2 analysts. New target price is 18% above last closing price of NT$35.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$1.60 for next year compared to NT$4.04 last year.
Reported Earnings • Nov 03Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$0.58 (down from NT$1.67 in 3Q 2022). Revenue: NT$4.60b (up 26% from 3Q 2022). Net income: NT$186.8m (down 65% from 3Q 2022). Profit margin: 4.1% (down from 15% in 3Q 2022). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 8.1%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 23Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$18.6b to NT$18.4b. EPS estimate also fell from NT$1.94 per share to NT$1.72 per share. Net income forecast to shrink 25% next year vs 5.2% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$47.00 to NT$45.50. Share price was steady at NT$35.45 over the past week.
Major Estimate Revision • Aug 12Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$2.65 to NT$1.94 per share. Revenue forecast steady at NT$18.6b. Net income forecast to shrink 11% next year vs 0.9% decline forecast for Electronic industry in Taiwan. Consensus price target up from NT$45.00 to NT$47.00. Share price fell 5.3% to NT$36.70 over the past week.
New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Aug 03Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: NT$0.45 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.64b (up 13% from 2Q 2022). Net income: NT$143.8m (down 45% from 2Q 2022). Profit margin: 3.1% (down from 6.4% in 2Q 2022). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Taiwan. 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 33% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 11Upcoming dividend of NT$2.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.3%).
New Risk • Jul 07New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.
공시 • Jul 04BenQ Materials Corporation Announces Dividend, Payment Date of Cash Dividend Distribution of August 15, 2023BenQ Materials Corporation announced dividend. Type and monetary amount of dividend distribution: Cash dividends TWD 641,349,028 (TWD 2 per share) of common stock. Ex-rights (ex-dividend) trading date: 2023/07/18, Last date before book closure: July 19, 2023, Book closure starting date: July 20, 2023, Book closure ending date: July 24, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Payment date of cash dividend distribution of August 15, 2023.
Price Target Changed • Mar 04Price target increased by 14% to NT$41.00Up from NT$36.00, the current price target is an average from 2 analysts. New target price is 8.8% above last closing price of NT$37.70. Stock is up 11% over the past year. The company is forecast to post earnings per share of NT$2.74 for next year compared to NT$4.04 last year.
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 21%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$2.31 to NT$2.80. Revenue forecast steady at NT$16.7b. Net income forecast to shrink 31% next year vs 3.1% growth forecast for Electronic industry in Taiwan . Consensus price target up from NT$36.00 to NT$38.00. Share price rose 3.6% to NT$37.70 over the past week.
Reported Earnings • Feb 27Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: NT$4.04 (up from NT$3.03 in FY 2021). Revenue: NT$15.5b (down 5.7% from FY 2021). Net income: NT$1.30b (up 33% from FY 2021). Profit margin: 8.3% (up from 5.9% in FY 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 29Price target increased to NT$36.00Up from NT$33.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$32.50. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$3.71 for next year compared to NT$3.03 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Louis Y. Y. Lu was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • Nov 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$16.1b to NT$15.3b. EPS estimate rose from NT$3.10 to NT$3.64. Net income forecast to shrink 38% next year vs 11% growth forecast for Electronic industry in Taiwan . Consensus price target down from NT$33.50 to NT$32.50. Share price rose 3.6% to NT$31.35 over the past week.
Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$1.67 (up from NT$0.84 in 3Q 2021). Revenue: NT$3.65b (down 9.9% from 3Q 2021). Net income: NT$534.0m (up 99% from 3Q 2021). Profit margin: 15% (up from 6.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Nov 03BenQ Materials Corporation (TWSE:8215) agreed to acquire 51% stake in Web Pro Corp for TWD 3.2 billion.BenQ Materials Corporation (TWSE:8215) agreed to acquire 51% stake in Web Pro Corp for TWD 3.2 billion on November 1, 2022. The transaction is approved by board of directors of BenQ Materials Corporation.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$29.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Electronic industry in Taiwan. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$20.41 per share.
공시 • Oct 20BenQ Materials Corporation Announces Resignation of Tri-Rung Yew as Independent DirectorBenQ Materials Corporation announced resignation of Tri-Rung Yew as independent director. Resume of the previous position holder is Independent director of BMC. Original term from June 16, 2022 to June 15, 2025.
Price Target Changed • Aug 10Price target decreased to NT$36.33Down from NT$40.50, the current price target is an average from 3 analysts. New target price is 20% above last closing price of NT$30.35. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$3.13 for next year compared to NT$3.03 last year.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$0.82 (down from NT$0.86 in 2Q 2021). Revenue: NT$4.11b (down 4.0% from 2Q 2021). Net income: NT$259.5m (down 5.6% from 2Q 2021). Profit margin: 6.3% (down from 6.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 6.1%, compared to a 8.7% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 08Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.9%).
공시 • Jul 01BenQ Materials Corporation Announces Cash Dividend, Payable on August 12, 2022BenQ Materials Corporation announced cash dividend of TWD 481,011,771 or TWD 1.5 per share. Ex-rights (ex-dividend) trading date is July 15, 2022. Ex-rights (ex-dividend) record date is July 23, 2022. Cash dividend will be paid on August 12, 2022.
공시 • Jun 17BenQ Materials Corporation Approves the Cash Dividend for 2021BenQ Materials Corporation approved the cash dividend is TWD 1.5 per share for 2021, at its AGM, held on June 16, 2022.
Major Estimate Revision • Jun 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NT$3.11 to NT$3.63. Revenue forecast steady at NT$17.0b. Net income forecast to grow 2.4% next year vs 12% growth forecast for Electronic industry in Taiwan. Consensus price target broadly unchanged at NT$40.60. Share price was steady at NT$36.35 over the past week.
Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.91 (up from NT$0.52 in 1Q 2021). Revenue: NT$4.16b (up 2.2% from 1Q 2021). Net income: NT$292.8m (up 76% from 1Q 2021). Profit margin: 7.0% (up from 4.1% in 1Q 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 4.6%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Louis Y. Y. Lu was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 07Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be NT$44.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 3.8% in the next 2 years.
Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$3.03 (up from NT$1.24 in FY 2020). Revenue: NT$16.5b (up 9.5% from FY 2020). Net income: NT$971.6m (up 145% from FY 2020). Profit margin: 5.9% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 9.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Feb 26+ 1 more updateBenQ Materials Corporation announced a financing transactionBenQ Materials Corporation announced a private placement to issue overseas or domestic convertible bonds in private placement on February 24, 2022. The bonds shall be issued no less than 80% of the theoretical price. The bonds shall be issued not exceeding seven years. The bonds shall be convertible into shares of the company. The transaction has been approved by the board of directors of the company.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$0.84 (vs NT$0.36 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.05b (up 5.8% from 3Q 2020). Net income: NT$268.0m (up 131% from 3Q 2020). Profit margin: 6.6% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 38% per year.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improved over the past weekAfter last week's 24% share price gain to NT$39.35, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 183% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$33.32 per share.
Price Target Changed • Aug 20Price target increased to NT$36.25Up from NT$33.00, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of NT$39.30. Stock is up 114% over the past year.
Major Estimate Revision • Aug 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from NT$17.4b to NT$17.1b. EPS estimate rose from NT$2.37 to NT$3.10. Net income forecast to grow 29% next year vs 25% growth forecast for Electronic industry in Taiwan. Consensus price target up from NT$33.00 to NT$36.25. Share price rose 11% to NT$39.30 over the past week.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$33.65, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$33.39 per share.
Reported Earnings • Aug 06Second quarter 2021 earnings released: EPS NT$0.86 (vs NT$0.24 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.28b (up 15% from 2Q 2020). Net income: NT$274.9m (up 258% from 2Q 2020). Profit margin: 6.4% (up from 2.1% in 2Q 2020). The increase in margin was driven by higher revenue. 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 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$30.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$22.54 per share.
Upcoming Dividend • Jul 15Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 17 August 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.9%).
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.52 (vs NT$0.10 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.08b (up 18% from 1Q 2020). Net income: NT$166.3m (up 411% from 1Q 2020). Profit margin: 4.1% (up from 0.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$28.15, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$24.68 per share.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 16% growth forecast for the Electronic industry in Taiwan.
공시 • Feb 26+ 1 more updateBenQ Materials Corporation announced a financing transactionBenQ Materials Corporation (TSEC:8215) announced a private placement of common shares on February 25, 2021. The shares shall be issued at a price which is no less than 80% of the reference price. The transaction has been approved by the board of directors of the company.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$1.23 (vs NT$0.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$15.0b (up 7.9% from FY 2019). Net income: NT$396.0m (up 54% from FY 2019). Profit margin: 2.6% (up from 1.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
분석 기사 • Feb 11At NT$30.05, Is It Time To Put BenQ Materials Corporation (TPE:8215) On Your Watch List?BenQ Materials Corporation ( TPE:8215 ), might not be a large cap stock, but it received a lot of attention from a...
Is New 90 Day High Low • Jan 28New 90-day high: NT$31.00The company is up 40% from its price of NT$22.20 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$6.11 per share.
분석 기사 • Jan 28If You Had Bought BenQ Materials (TPE:8215) Stock A Year Ago, You Could Pocket A 66% Gain TodayPassive investing in index funds can generate returns that roughly match the overall market. But one can do better than...
Major Estimate Revision • Jan 19Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from NT$1.06 to NT$1.22. Revenue estimate for the same period was approximately flat at NT$15.0b. Net income is expected to grow by 163% next year compared to 27% growth forecast for the Electronic industry in Taiwan. The consensus price target increased from NT$28.23 to NT$32.33. Share price is up 3.3% to NT$27.80 over the past week.
분석 기사 • Dec 30BenQ Materials (TPE:8215) Takes On Some Risk With Its Use Of DebtThe 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 • Dec 28New 90-day high: NT$28.50The company is up 33% from its price of NT$21.40 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$13.07 per share.
분석 기사 • Dec 15Is BenQ Materials (TPE:8215) Set To Make A Turnaround?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Is New 90 Day High Low • Dec 01New 90-day high: NT$26.00The company is up 13% from its price of NT$22.95 on 02 September 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 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$11.51 per share.
분석 기사 • Nov 30Should You Buy BenQ Materials Corporation (TPE:8215) For Its Dividend?Could BenQ Materials Corporation (TPE:8215) be an attractive dividend share to own for the long haul? Investors are...
분석 기사 • Nov 18Does BenQ Materials's (TPE:8215) Statutory Profit Adequately Reflect Its Underlying Profit?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Analyst Estimate Surprise Post Earnings • Nov 11Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.004%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.1%, compared to a 11% growth forecast for the Electronic industry in Taiwan.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$0.36The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$3.83b (up 8.5% from 3Q 2019). Net income: NT$116.3m (up 70% from 3Q 2019). Profit margin: 3.0% (up from 1.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS NT$0.36The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$3.83b (up 8.5% from 3Q 2019). Net income: NT$116.3m (up 70% from 3Q 2019). Profit margin: 3.0% (up from 1.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 05Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.004%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.1%, compared to a 11% growth forecast for the Electronic industry in Taiwan.