Declared Dividend • Jun 01
Dividend increased to NT$4.20 Dividend of NT$4.20 is 5.0% higher than last year. Ex-date: 16th June 2026 Payment date: 8th July 2026 Dividend yield will be 6.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (242% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: NT$1.41 (vs NT$1.35 in 1Q 2025) First quarter 2026 results: EPS: NT$1.41 (up from NT$1.35 in 1Q 2025). Revenue: NT$1.25b (up 6.4% from 1Q 2025). Net income: NT$149.0m (up 4.8% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$5.17 (vs NT$5.32 in FY 2024) Full year 2025 results: EPS: NT$5.17 (down from NT$5.32 in FY 2024). Revenue: NT$4.91b (down 5.0% from FY 2024). Net income: NT$545.6m (down 2.9% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Mar 12
Audix Corporation, Annual General Meeting, May 29, 2026 Audix Corporation, Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 9 floor no,8 ln.120, sec.1 nei hu rd., neihu district, taipei city Taiwan Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: NT$1.63 (vs NT$1.30 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.63 (up from NT$1.30 in 3Q 2024). Revenue: NT$1.25b (down 6.1% from 3Q 2024). Net income: NT$172.5m (up 26% from 3Q 2024). Profit margin: 14% (up from 10% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: NT$1.41 (vs NT$1.47 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.41 (down from NT$1.47 in 2Q 2024). Revenue: NT$1.18b (down 7.3% from 2Q 2024). Net income: NT$149.1m (down 4.0% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 11
Upcoming dividend of NT$4.00 per share Eligible shareholders must have bought the stock before 18 June 2025. Payment date: 08 July 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%). Reported Earnings • May 16
First quarter 2025 earnings released: EPS: NT$1.35 (vs NT$1.44 in 1Q 2024) First quarter 2025 results: EPS: NT$1.35 (down from NT$1.44 in 1Q 2024). Revenue: NT$1.17b (down 13% from 1Q 2024). Net income: NT$142.1m (down 6.8% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$55.00, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 22% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$5.32 (vs NT$5.46 in FY 2023) Full year 2024 results: EPS: NT$5.32 (down from NT$5.46 in FY 2023). Revenue: NT$5.17b (down 30% from FY 2023). Net income: NT$561.8m (down 2.6% from FY 2023). Profit margin: 11% (up from 7.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Aankondiging • Mar 07
Audix Corporation, Annual General Meeting, May 29, 2025 Audix Corporation, Annual General Meeting, May 29, 2025. Location: 9 floor no,8 ln.120, sec.1 nei hu rd., neihu district, taipei city Taiwan Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: NT$1.30 (vs NT$1.65 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.30 (down from NT$1.65 in 3Q 2023). Revenue: NT$1.33b (down 41% from 3Q 2023). Net income: NT$137.3m (down 21% from 3Q 2023). Profit margin: 10% (up from 7.7% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Aankondiging • Oct 24
Audix Corporation to Report Q3, 2024 Results on Nov 01, 2024 Audix Corporation announced that they will report Q3, 2024 results on Nov 01, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: NT$1.47 (vs NT$1.21 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.47 (up from NT$1.21 in 2Q 2023). Revenue: NT$1.27b (down 26% from 2Q 2023). Net income: NT$155.4m (up 22% from 2Q 2023). Profit margin: 12% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year. Buy Or Sell Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to NT$70.10. The fair value is estimated to be NT$88.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 4.5%. Aankondiging • Jul 24
Audix Corporation to Report Q2, 2024 Results on Aug 01, 2024 Audix Corporation announced that they will report Q2, 2024 results on Aug 01, 2024 Upcoming Dividend • Jul 05
Upcoming dividend of NT$4.00 per share Eligible shareholders must have bought the stock before 12 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%). Declared Dividend • Jun 14
Dividend increased to NT$4.00 Dividend of NT$4.00 is 5.3% higher than last year. Ex-date: 12th July 2024 Payment date: 2nd August 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 14
Audix Corporation Announces Cash Dividend, Payable on August 2, 2024 Audix Corporation announced cash dividend of TWD 422,382,460 (TWD 4.00 per share). Ex-rights (ex-dividend) trading date: July 12, 2024. Ex-rights (ex-dividend) record date: July 20, 2024. Payment date of common stock cash dividend distribution: August 2, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$1.44 (vs NT$1.12 in 1Q 2023) First quarter 2024 results: EPS: NT$1.44 (up from NT$1.12 in 1Q 2023). Revenue: NT$1.34b (down 14% from 1Q 2023). Net income: NT$152.4m (up 29% from 1Q 2023). Profit margin: 11% (up from 7.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 24
Audix Corporation to Report Q1, 2024 Results on May 02, 2024 Audix Corporation announced that they will report Q1, 2024 results on May 02, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$5.46 (vs NT$5.43 in FY 2022) Full year 2023 results: EPS: NT$5.46 (up from NT$5.43 in FY 2022). Revenue: NT$7.42b (down 5.5% from FY 2022). Net income: NT$576.8m (flat on FY 2022). Profit margin: 7.8% (up from 7.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 15
Audix Corporation, Annual General Meeting, Jun 12, 2024 Audix Corporation, Annual General Meeting, Jun 12, 2024. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: NT$1.65 (vs NT$2.19 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.65 (down from NT$2.19 in 3Q 2022). Revenue: NT$2.25b (down 5.3% from 3Q 2022). Net income: NT$174.3m (down 25% from 3Q 2022). Profit margin: 7.7% (down from 9.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$1.21 (vs NT$1.23 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.21 (down from NT$1.23 in 2Q 2022). Revenue: NT$1.73b (down 5.5% from 2Q 2022). Net income: NT$127.5m (down 2.0% from 2Q 2022). Profit margin: 7.4% (up from 7.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Jul 05
Upcoming dividend of NT$3.80 per share at 6.4% yield Eligible shareholders must have bought the stock before 12 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: NT$5.43 (vs NT$5.01 in FY 2021) Full year 2022 results: EPS: NT$5.43 (up from NT$5.01 in FY 2021). Revenue: NT$7.85b (up 12% from FY 2021). Net income: NT$573.3m (up 8.3% from FY 2021). Profit margin: 7.3% (down from 7.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$2.19 (vs NT$1.68 in 3Q 2021) Third quarter 2022 results: EPS: NT$2.19 (up from NT$1.68 in 3Q 2021). Revenue: NT$2.38b (up 29% from 3Q 2021). Net income: NT$231.0m (up 30% from 3Q 2021). Profit margin: 9.7% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: NT$2.19 (vs NT$1.68 in 3Q 2021) Third quarter 2022 results: EPS: NT$2.19 (up from NT$1.68 in 3Q 2021). Revenue: NT$2.38b (up 29% from 3Q 2021). Net income: NT$231.0m (up 30% from 3Q 2021). Profit margin: 9.7% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: NT$1.23 (vs NT$1.32 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.23 (down from NT$1.32 in 2Q 2021). Revenue: NT$1.83b (up 1.7% from 2Q 2021). Net income: NT$130.0m (down 6.4% from 2Q 2021). Profit margin: 7.1% (down from 7.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Jun 29
Upcoming dividend of NT$3.50 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 04 August 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.6%). Aankondiging • Jun 16
Audix Corporation Announces Cash Dividend, Payable on August 4, 2022 Audix Corporation announced Cash dividend: TWD 263,989,038, TWD 2.5 per share. Additional paid-in capital cash dividend: TWD 105,595,615, TWD 1.0 per share. Ex-rights (ex-dividend) trading date: July 6, 2022. Last date before book closure: July 7, 2022. Ex-rights (ex-dividend) record date: July 12, 2022. Cash dividend will be distributed date: August 4, 2022. If the aforementioned date needs to be adjusted due to subjective and objective factors, it shall be authorized to be changed after approval by the chairman. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$1.11 (vs NT$1.18 in 1Q 2021) First quarter 2022 results: EPS: NT$1.11 (down from NT$1.18 in 1Q 2021). Revenue: NT$1.60b (up 5.5% from 1Q 2021). Net income: NT$117.6m (down 5.5% from 1Q 2021). Profit margin: 7.3% (down from 8.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: NT$5.01 (vs NT$4.25 in FY 2020) Full year 2021 results: EPS: NT$5.01 (up from NT$4.25 in FY 2020). Revenue: NT$6.99b (up 9.8% from FY 2020). Net income: NT$529.5m (up 18% from FY 2020). Profit margin: 7.6% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$1.68 (vs NT$1.52 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$1.84b (down 1.0% from 3Q 2020). Net income: NT$177.2m (up 10% from 3Q 2020). Profit margin: 9.6% (up from 8.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$1.32 (vs NT$0.96 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.80b (up 30% from 2Q 2020). Net income: NT$138.9m (up 36% from 2Q 2020). Profit margin: 7.7% (up from 7.4% 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 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 01
Upcoming dividend of NT$3.30 per share Eligible shareholders must have bought the stock before 07 July 2021. Payment date: 05 August 2021. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.2%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.77 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.52b (up 11% from 1Q 2020). Net income: NT$124.5m (up 53% from 1Q 2020). Profit margin: 8.2% (up from 5.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS NT$4.25 (vs NT$4.20 in FY 2019) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: NT$6.36b (down 16% from FY 2019). Net income: NT$448.7m (flat on FY 2019). Profit margin: 7.1% (up from 5.9% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Aankondiging • Mar 20
Audix Corporation, Annual General Meeting, Jun 17, 2021 Audix Corporation, Annual General Meeting, Jun 17, 2021. Location: 9F, No.8, Lane 120, Sec. 1, Neihu Rd., NeiHu Dist. Taipei Taiwan Agenda: To consider report the business of 2020; to consider Audit Committees review report; to consider report 2020 employees profit sharing bonus and directors compensation; to consider report 2020 distribution of dividends and bonuses. Is New 90 Day High Low • Feb 18
New 90-day high: NT$47.00 The company is up 1.0% from its price of NT$46.75 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: NT$45.00 The company is up 11% from its price of NT$40.60 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 6.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$1.52 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$1.86b (down 8.8% from 3Q 2019). Net income: NT$160.7m (up 12% from 3Q 2019). Profit margin: 8.6% (up from 7.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Is New 90 Day High Low • Oct 20
New 90-day high: NT$43.80 The company is up 10.0% from its price of NT$39.85 on 22 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 11% over the same period. Is New 90 Day High Low • Sep 29
New 90-day high: NT$42.25 The company is up 2.0% from its price of NT$41.50 on 01 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 12% over the same period. 