Reported Earnings • May 13
First quarter 2026 earnings released: EPS: NT$0.63 (vs NT$1.90 in 1Q 2025) First quarter 2026 results: EPS: NT$0.63 (down from NT$1.90 in 1Q 2025). Revenue: NT$816.6m (down 30% from 1Q 2025). Net income: NT$33.8m (down 67% from 1Q 2025). Profit margin: 4.1% (down from 8.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 09
Upcoming dividend of NT$2.50 per share Eligible shareholders must have bought the stock before 16 April 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.4%). Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$4.69 (vs NT$8.88 in FY 2024) Full year 2025 results: EPS: NT$4.69 (down from NT$8.88 in FY 2024). Revenue: NT$4.26b (down 15% from FY 2024). Net income: NT$253.1m (down 47% from FY 2024). Profit margin: 5.9% (down from 9.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year. Aankondiging • Mar 12
FY Group Ltd., Annual General Meeting, Jun 16, 2026 FY Group Ltd., Annual General Meeting, Jun 16, 2026. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan Reported Earnings • Nov 17
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: NT$1.25 (down from NT$2.31 in 3Q 2024). Revenue: NT$990.6m (down 29% from 3Q 2024). Net income: NT$67.5m (down 46% from 3Q 2024). Profit margin: 6.8% (down from 8.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 57%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: NT$0.62 (vs NT$2.06 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.62 (down from NT$2.06 in 2Q 2024). Revenue: NT$1.04b (down 11% from 2Q 2024). Net income: NT$33.5m (down 70% from 2Q 2024). Profit margin: 3.2% (down from 9.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Jul 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$2.87b (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$55.90, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 138% over the past three years. Declared Dividend • Jun 19
Dividend increased to NT$4.50 Dividend of NT$4.50 is 73% higher than last year. Ex-date: 2nd July 2025 Payment date: 31st July 2025 Dividend yield will be 6.3%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 24% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 26% EPS decline seen over the last 5 years. Reported Earnings • May 14
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: NT$1.90 (up from NT$1.75 in 1Q 2024). Revenue: NT$1.17b (up 17% from 1Q 2024). Net income: NT$102.6m (up 8.7% from 1Q 2024). Profit margin: 8.8% (in line with 1Q 2024). Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 37% per year. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$79.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 186% over the past three years. Aankondiging • May 01
FY Group Ltd. to Report Q1, 2025 Results on May 09, 2025 FY Group Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Aankondiging • Apr 12
FY Group Ltd. Announces Executive Changes FY Group Ltd. announced change of chief information security officer. Name, title, and resume of the previous position holder is Chen Wei Jia. Name, title, and resume of the new position holder is Tsai Chih Yuan. Effective date is April 11, 2025. New Risk • Apr 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$60.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 43% over the past year. Aankondiging • Mar 12
FY Group Ltd. to Report Q4, 2024 Results on Mar 13, 2025 FY Group Ltd. announced that they will report Q4, 2024 results on Mar 13, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$2.31 (vs NT$1.31 in 3Q 2023) Third quarter 2024 results: EPS: NT$2.31 (up from NT$1.31 in 3Q 2023). Revenue: NT$1.40b (up 36% from 3Q 2023). Net income: NT$124.9m (up 77% from 3Q 2023). Profit margin: 8.9% (up from 6.9% in 3Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$96.60, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 200% over the past year. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: NT$2.06 (vs NT$1.59 in 2Q 2023) Second quarter 2024 results: EPS: NT$2.06 (up from NT$1.59 in 2Q 2023). Revenue: NT$1.17b (up 34% from 2Q 2023). Net income: NT$111.4m (up 30% from 2Q 2023). Profit margin: 9.6% (in line with 2Q 2023). Aankondiging • Aug 16
FY Group Ltd. to Report Q2, 2024 Results on Aug 23, 2024 FY Group Ltd. announced that they will report Q2, 2024 results on Aug 23, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$3.21b market cap, or US$98.5m). Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$65.20, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 155% over the past year. Upcoming Dividend • Jul 01
Upcoming dividend of NT$2.60 per share Eligible shareholders must have bought the stock before 08 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.2%). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$1.75 (vs NT$0.24 in 1Q 2023) First quarter 2024 results: EPS: NT$1.75 (up from NT$0.24 in 1Q 2023). Revenue: NT$994.6m (up 19% from 1Q 2023). Net income: NT$94.4m (up NT$81.4m from 1Q 2023). Profit margin: 9.5% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$54.30, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 110% over the past year. Aankondiging • May 05
FY Group Ltd. to Report Q1, 2024 Results on May 10, 2024 FY Group Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: NT$4.41 (vs NT$3.28 in FY 2022) Full year 2023 results: EPS: NT$4.41 (up from NT$3.28 in FY 2022). Revenue: NT$3.75b (down 11% from FY 2022). Net income: NT$237.9m (up 42% from FY 2022). Profit margin: 6.4% (up from 4.0% in FY 2022). The increase in margin was driven by lower expenses. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: NT$1.31 (vs NT$1.12 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.31 (up from NT$1.12 in 3Q 2022). Revenue: NT$1.03b (down 16% from 3Q 2022). Net income: NT$70.6m (up 16% from 3Q 2022). Profit margin: 6.9% (up from 4.9% in 3Q 2022). The increase in margin was driven by lower expenses. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% 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 Earnings have declined by 6.1% per year over the past 5 years. High level of non-cash earnings (58% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.90b market cap, or US$59.0m). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$33.05, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 26% over the past year. Reported Earnings • Sep 01
Second quarter 2023 earnings released: EPS: NT$1.59 (vs NT$1.18 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.59 (up from NT$1.18 in 2Q 2022). Revenue: NT$867.3m (down 26% from 2Q 2022). Net income: NT$85.8m (up 40% from 2Q 2022). Profit margin: 9.9% (up from 5.2% in 2Q 2022). The increase in margin was driven by lower expenses. Upcoming Dividend • Jul 27
Upcoming dividend of NT$1.89 per share at 6.8% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 30 August 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.1%). Aankondiging • Jun 22
FY Group Ltd. Announces Board Changes FY Group Ltd. announced elections for board of directors and supervisors: Election of the Company--s 3th-term Directors and Independent Directors. Elected Directors:Wen-Da Tsai, Chi-Yuan Tsai, Yao-Hsian Tsai, Chi-Chung Tsai, Cheng-Lun Kao. Elected Independent Directors: Kuo-Chiang Wang, Ding-Kuo Han, Rui-Feng Kuo, Ren-Chie Lin. Reported Earnings • May 14
First quarter 2023 earnings released: EPS: NT$0.24 (vs NT$0.19 loss in 1Q 2022) First quarter 2023 results: EPS: NT$0.24 (up from NT$0.19 loss in 1Q 2022). Revenue: NT$834.6m (down 10% from 1Q 2022). Net income: NT$12.9m (up NT$21.6m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Buying Opportunity • Dec 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be NT$31.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.71 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.12 (down from NT$1.71 in 3Q 2021). Revenue: NT$1.23b (up 12% from 3Q 2021). Net income: NT$60.7m (down 21% from 3Q 2021). Profit margin: 4.9% (down from 7.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Aankondiging • Aug 27
FY Group Ltd. Announces Change of Chief Internal Auditor FY Group Ltd. announced the appointment of Wang Loung Yi as Chief Internal Auditor, effective August 26, 2022. The company also announced the resignation of Chen Zi Wen as Chief Internal Auditor, effective August 26, 2022. Aankondiging • Apr 26
FY Group Ltd. has completed an IPO in the amount of TWD 328.80227 million. FY Group Ltd. has completed an IPO in the amount of TWD 328.80227 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 6,479,000
Price\Range: TWD 40.13
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,720,000
Price\Range: TWD 40