Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$0.38 (vs NT$0.11 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.38 (up from NT$0.11 loss in 1Q 2025). Revenue: NT$478.1m (up 57% from 1Q 2025). Net income: NT$22.5m (up NT$26.7m from 1Q 2025). Profit margin: 4.7% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Apr 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (NT$1.51b market cap, or US$47.4m). Reported Earnings • Mar 18
Full year 2025 earnings released: NT$0.76 loss per share (vs NT$1.23 loss in FY 2024) Full year 2025 results: NT$0.76 loss per share (improved from NT$1.23 loss in FY 2024). Revenue: NT$1.43b (up 5.0% from FY 2024). Net loss: NT$31.9m (loss narrowed 28% from FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 12
Samebest Co., LTD., Annual General Meeting, Jun 12, 2026 Samebest Co., LTD., Annual General Meeting, Jun 12, 2026. Location: 3 floor no,9, wu kung 6th rd., wugu district, new taipei city Taiwan New Risk • Mar 09
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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (NT$905.6m market cap, or US$28.4m). Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: NT$0.03 (vs NT$0.27 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.03 (up from NT$0.27 loss in 3Q 2024). Revenue: NT$372.8m (up 1.7% from 3Q 2024). Net income: NT$1.06m (up NT$10.9m from 3Q 2024). Profit margin: 0.3% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.38 loss per share (vs NT$0.64 loss in 2Q 2024) Second quarter 2025 results: NT$0.38 loss per share (improved from NT$0.64 loss in 2Q 2024). Revenue: NT$306.7m (down 5.7% from 2Q 2024). Net loss: NT$14.4m (loss narrowed 38% from 2Q 2024). 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 13% per year. New Risk • Jul 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.77b market cap, or US$60.4m). New Risk • May 27
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 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (NT$1.44b market cap, or US$48.1m). Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.24 loss in 1Q 2024) First quarter 2025 results: NT$0.11 loss per share (improved from NT$0.24 loss in 1Q 2024). Revenue: NT$305.3m (down 8.5% from 1Q 2024). Net loss: NT$4.22m (loss narrowed 52% from 1Q 2024). 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. Reported Earnings • Apr 02
Full year 2024 earnings released: NT$1.23 loss per share (vs NT$0.98 loss in FY 2023) Full year 2024 results: NT$1.23 loss per share (further deteriorated from NT$0.98 loss in FY 2023). Revenue: NT$1.36b (up 1.8% from FY 2023). Net loss: NT$44.7m (loss widened 26% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Buy Or Sell Opportunity • Mar 25
Now 21% undervalued Over the last 90 days, the stock has risen 6.3% to NT$36.15. The fair value is estimated to be NT$45.72, 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. Meanwhile, the company became loss making. New Risk • Mar 21
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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.31b market cap, or US$39.7m). Aankondiging • Mar 13
Samebest Co., LTD., Annual General Meeting, Jun 13, 2025 Samebest Co., LTD., Annual General Meeting, Jun 13, 2025. Location: 3 floor no,9, wu kung 6th rd., wugu district, new taipei city Taiwan Reported Earnings • Nov 17
Third quarter 2024 earnings released: NT$0.27 loss per share (vs NT$0.13 loss in 3Q 2023) Third quarter 2024 results: NT$0.27 loss per share (further deteriorated from NT$0.13 loss in 3Q 2023). Revenue: NT$366.5m (flat on 3Q 2023). Net loss: NT$9.80m (loss widened 107% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 72% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (NT$1.08b market cap, or US$33.8m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.64 loss per share (vs NT$0.43 loss in 2Q 2023) Second quarter 2024 results: NT$0.64 loss per share (further deteriorated from NT$0.43 loss in 2Q 2023). Revenue: NT$325.2m (up 3.9% from 2Q 2023). Net loss: NT$23.2m (loss widened 49% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% 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. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.24 loss per share (vs NT$0.14 loss in 1Q 2023) First quarter 2024 results: NT$0.24 loss per share (further deteriorated from NT$0.14 loss in 1Q 2023). Revenue: NT$333.8m (up 4.4% from 1Q 2023). Net loss: NT$8.73m (loss widened 74% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 03
Full year 2023 earnings released: NT$0.98 loss per share (vs NT$1.08 loss in FY 2022) Full year 2023 results: NT$0.98 loss per share (improved from NT$1.08 loss in FY 2022). Revenue: NT$1.34b (up 7.6% from FY 2022). Net loss: NT$35.6m (loss narrowed 9.2% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 27
Samebest Co., LTD., Annual General Meeting, Jun 18, 2024 Samebest Co., LTD., Annual General Meeting, Jun 18, 2024. New Risk • Feb 15
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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 77% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (NT$1.10b market cap, or US$35.1m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: NT$0.43 loss per share (vs NT$0.48 loss in 2Q 2022) Second quarter 2023 results: NT$0.43 loss per share (improved from NT$0.48 loss in 2Q 2022). Revenue: NT$312.9m (up 8.5% from 2Q 2022). Net loss: NT$15.6m (loss narrowed 11% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 20
Third quarter 2022 earnings released: NT$0.09 loss per share (vs NT$0.28 profit in 3Q 2021) Third quarter 2022 results: NT$0.09 loss per share (down from NT$0.28 profit in 3Q 2021). Revenue: NT$323.2m (down 6.1% from 3Q 2021). Net loss: NT$3.37m (down 133% from profit in 3Q 2021). 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. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent 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: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Aug 18
Upcoming dividend of NT$0.20 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 16 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (5.3%). Reported Earnings • Aug 16
Second quarter 2022 earnings released: NT$0.48 loss per share (vs NT$0.28 loss in 2Q 2021) Second quarter 2022 results: NT$0.48 loss per share (down from NT$0.28 loss in 2Q 2021). Revenue: NT$288.3m (down 5.7% from 2Q 2021). Net loss: NT$17.6m (loss widened 75% from 2Q 2021). 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 • May 22
First quarter 2022 earnings released: NT$0.12 loss per share (vs NT$0.34 profit in 1Q 2021) First quarter 2022 results: NT$0.12 loss per share (down from NT$0.34 profit in 1Q 2021). Revenue: NT$324.5m (down 6.3% from 1Q 2021). Net loss: NT$4.21m (down 135% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 03
Full year 2021 earnings released: NT$0.80 loss per share (vs NT$0.76 profit in FY 2020) Full year 2021 results: NT$0.80 loss per share (down from NT$0.76 profit in FY 2020). Revenue: NT$1.33b (down 8.4% from FY 2020). Net loss: NT$28.9m (down 204% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 23
Samebest Co., Ltd., Annual General Meeting, Jun 08, 2022 Samebest Co., Ltd., Annual General Meeting, Jun 08, 2022. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 22% share price gain to NT$38.35, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 15x in the Media industry in Taiwan. Total loss to shareholders of 67% over the past three years. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.43 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$344.0m (down 12% from 3Q 2020). Net income: NT$10.3m (down 34% from 3Q 2020). Profit margin: 3.0% (down from 4.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 19
Upcoming dividend of NT$0.70 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%). Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.28 loss per share (vs NT$0.09 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$305.7m (down 6.6% from 2Q 2020). Net loss: NT$10.0m (down 407% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.34 (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$346.4m (up 2.3% from 1Q 2020). Net income: NT$12.1m (up 234% from 1Q 2020). Profit margin: 3.5% (up from 1.1% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$36.75, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 19x in the Media industry in Taiwan. Total loss to shareholders of 84% over the past three years. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS NT$0.76 (vs NT$2.94 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.45b (down 2.5% from FY 2019). Net income: NT$27.7m (down 74% from FY 2019). Profit margin: 1.9% (down from 7.2% in FY 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 18
Samebest Co., Ltd., Annual General Meeting, May 31, 2021 Samebest Co., Ltd., Annual General Meeting, May 31, 2021. Is New 90 Day High Low • Jan 06
New 90-day low: NT$52.20 The company is down 10.0% from its price of NT$58.10 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 7.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS NT$0.43 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$390.7m (up 1.3% from 3Q 2019). Net income: NT$15.5m (down 58% from 3Q 2019). Profit margin: 4.0% (down from 9.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 21
Samebest Co., Ltd.(GTSM:8489) dropped from S&P Global BMI Index Samebest Co., Ltd.(GTSM:8489) dropped from S&P Global BMI Index