Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Founder, Chairman & Chief Technical Officer Vincent Hu was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 24
Dividend reduced to NT$8.50 Dividend of NT$8.50 is 5.5% lower than last year. Ex-date: 9th July 2026 Payment date: 6th August 2026 Dividend yield will be 5.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but not covered by cash flows (dividend approximately 9x free cash flows). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.7% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. Reported Earnings • May 09
First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.83 in 1Q 2025) First quarter 2026 results: EPS: NT$2.00. Revenue: NT$1.73b (flat on 1Q 2025). Net income: NT$458.7m (flat on 1Q 2025). Profit margin: 27% (in line with 1Q 2025). Aankondiging • Mar 09
ITE Tech. Inc, Annual General Meeting, May 28, 2026 ITE Tech. Inc, Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,9, ch`uang hsin 1st rd., hsinchu science park, hsinchu county Taiwan Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: NT$9.51 (vs NT$10.10 in FY 2024) Full year 2025 results: EPS: NT$9.51 (down from NT$10.10 in FY 2024). Revenue: NT$6.95b (up 4.7% from FY 2024). Net income: NT$1.53b (down 5.9% from FY 2024). Profit margin: 22% (down from 25% in FY 2024). 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. New Risk • Nov 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 91% Dividend yield: 7.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: NT$2.43 (vs NT$3.08 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.43 (down from NT$3.08 in 3Q 2024). Revenue: NT$1.79b (down 3.7% from 3Q 2024). Net income: NT$392.1m (down 21% from 3Q 2024). Profit margin: 22% (down from 27% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: NT$2.36 (vs NT$2.51 in 2Q 2024) Second quarter 2025 results: EPS: NT$2.36 (down from NT$2.51 in 2Q 2024). Revenue: NT$1.92b (up 19% from 2Q 2024). Net income: NT$380.3m (down 6.1% from 2Q 2024). Profit margin: 20% (down from 25% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 25% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 23
Dividend increased to NT$9.00 Dividend of NT$9.00 is 13% higher than last year. Ex-date: 8th July 2025 Payment date: 7th August 2025 Dividend yield will be 6.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 21
ITE Tech. Inc Announces Cash Dividend, Payable on August 7, 2025 ITE Tech. Inc. announced cash dividend of TWD 9.0 per share with total amount of TWD 1,494,316,116 will be distributed to common shareholders. Ex-rights (ex-dividend) trading date: July 8, 2025. Ex-rights (ex-dividend) record date: July 14, 2025. Payment date of common stock cash dividend distribution: August 7, 2025. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 20, 2025. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: NT$2.83 (vs NT$2.45 in 1Q 2024) First quarter 2025 results: EPS: NT$2.83 (up from NT$2.45 in 1Q 2024). Revenue: NT$1.72b (up 14% from 1Q 2024). Net income: NT$455.5m (up 15% from 1Q 2024). Profit margin: 26% (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 12% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 01
ITE Tech. Inc to Report Q1, 2025 Results on May 08, 2025 ITE Tech. Inc announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$119, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 47% over the past three years. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: NT$10.10 (vs NT$9.86 in FY 2023) Full year 2024 results: EPS: NT$10.10 (up from NT$9.86 in FY 2023). Revenue: NT$6.63b (up 5.7% from FY 2023). Net income: NT$1.63b (up 2.4% from FY 2023). Profit margin: 25% (in line with FY 2023). 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 11% per year, which means it is well ahead of earnings. Aankondiging • Feb 24
ITE Tech. Inc, Annual General Meeting, May 26, 2025 ITE Tech. Inc, Annual General Meeting, May 26, 2025. Location: no,9, ch`uang hsin 1st rd., baoshan township hsinchu science park, hsinchu county Taiwan Aankondiging • Feb 13
ITE Tech. Inc to Report Fiscal Year 2024 Results on Feb 21, 2025 ITE Tech. Inc announced that they will report fiscal year 2024 results on Feb 21, 2025 Buy Or Sell Opportunity • Feb 10
Now 24% overvalued The stock has been flat over the last 90 days, currently trading at NT$148. The fair value is estimated to be NT$119, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 2.7%. Buy Or Sell Opportunity • Jan 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to NT$143. The fair value is estimated to be NT$118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 2.7%. New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: NT$3.08 (vs NT$2.93 in 3Q 2023) Third quarter 2024 results: EPS: NT$3.08 (up from NT$2.93 in 3Q 2023). Revenue: NT$1.86b (up 3.9% from 3Q 2023). Net income: NT$495.8m (up 4.9% from 3Q 2023). Profit margin: 27% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Nov 06
ITE Tech. Inc Announces President Changes, Effective January 01, 2025 ITE Tech. Inc. announced change of President. Name of the previous position holder: H.Y. Lin; Resume of the previous position holder: President, ITE; Name of the new position holder: Mason Tung; Resume of the new position holder: General Manager, ITE; Reason for the change: Retirement; Effective date of the new appointment: January 01, 2025. Aankondiging • Oct 26
ITE Tech. Inc to Report Q3, 2024 Results on Nov 05, 2024 ITE Tech. Inc announced that they will report Q3, 2024 results on Nov 05, 2024 New Risk • Sep 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% 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: Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: NT$2.51 (vs NT$2.72 in 2Q 2023) Second quarter 2024 results: EPS: NT$2.51 (down from NT$2.72 in 2Q 2023). Revenue: NT$1.62b (down 5.5% from 2Q 2023). Net income: NT$404.8m (down 7.5% from 2Q 2023). Profit margin: 25% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Jul 27
ITE Tech. Inc to Report Q2, 2024 Results on Aug 06, 2024 ITE Tech. Inc announced that they will report Q2, 2024 results on Aug 06, 2024 Upcoming Dividend • Jul 03
Upcoming dividend of NT$8.00 per share Eligible shareholders must have bought the stock before 10 July 2024. Payment date: 09 August 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.5%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.1%). Reported Earnings • May 08
First quarter 2024 earnings released: EPS: NT$2.45 (vs NT$2.12 in 1Q 2023) First quarter 2024 results: EPS: NT$2.45 (up from NT$2.12 in 1Q 2023). Revenue: NT$1.51b (up 14% from 1Q 2023). Net income: NT$394.9m (up 16% from 1Q 2023). Profit margin: 26% (in line with 1Q 2023). 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 19% per year, which means it is well ahead of earnings. Aankondiging • Apr 28
ITE Tech. Inc to Report Q1, 2024 Results on May 07, 2024 ITE Tech. Inc announced that they will report Q1, 2024 results on May 07, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: NT$9.86 (vs NT$7.56 in FY 2022) Full year 2023 results: EPS: NT$9.86 (up from NT$7.56 in FY 2022). Revenue: NT$6.28b (up 20% from FY 2022). Net income: NT$1.59b (up 30% from FY 2022). Profit margin: 25% (up from 23% in FY 2022). The increase in margin was driven by higher revenue. 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 23% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 24
ITE Tech. Inc, Annual General Meeting, May 28, 2024 ITE Tech. Inc, Annual General Meeting, May 28, 2024. Location: ITE's Conference Room (No.9, Chuangsin 1st Rd., Hsinchu Science Park), Hsinchu Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee's Review Report; to consider 2023 Distributable Compensation for Directors and Employees; to consider Cash Dividends Distribution of 2023 Earnings; to consider Cash Dividends Distribution from Capital Surplus; to acknowledge 2023 Business Report and Financial Statements; to acknowledge 2023 Earnings Distribution; and to consider other matters. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$163, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 191% over the past three years. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: NT$2.72 (vs NT$1.83 in 2Q 2022) Second quarter 2023 results: EPS: NT$2.72 (up from NT$1.83 in 2Q 2022). Revenue: NT$1.71b (up 25% from 2Q 2022). Net income: NT$437.4m (up 48% from 2Q 2022). Profit margin: 26% (up from 22% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 01
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. 3 experienced directors. 2 highly experienced directors. Independent Director Shou Shan Chen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 29
First quarter 2023 earnings released: EPS: NT$2.12 (vs NT$2.51 in 1Q 2022) First quarter 2023 results: EPS: NT$2.12 (down from NT$2.51 in 1Q 2022). Revenue: NT$1.32b (down 18% from 1Q 2022). Net income: NT$341.9m (down 16% from 1Q 2022). Profit margin: 26% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year. Upcoming Dividend • Jun 13
Upcoming dividend of NT$6.00 per share at 4.9% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 21 July 2023. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%). Aankondiging • May 30
ITE Tech. Inc Announces Cash Dividend, Payable on July 21, 2023 ITE Tech. Inc. announced cash dividend of TWD 6.0 per share with total amount of TWD 966,480,744 will be distributed to common shareholders. Ex-rights (ex-dividend) record date is June 27, 2023. Payment date of cash dividend distribution is July 21, 2023. Ex-rights (ex-dividend) trading date is June 20, 2023. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: NT$7.56 (vs NT$11.21 in FY 2021) Full year 2022 results: EPS: NT$7.56 (down from NT$11.21 in FY 2021). Revenue: NT$5.21b (down 28% from FY 2021). Net income: NT$1.22b (down 33% from FY 2021). Profit margin: 23% (down from 25% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shou Shan Chen was the last independent director to join the board, commencing their role in 2020. 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 • Nov 06
Third quarter 2022 earnings released: EPS: NT$1.93 (vs NT$3.46 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.93 (down from NT$3.46 in 3Q 2021). Revenue: NT$1.08b (down 49% from 3Q 2021). Net income: NT$311.4m (down 44% from 3Q 2021). Profit margin: 29% (up from 26% in 3Q 2021). The increase in margin was driven by lower expenses. 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 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: NT$1.83 (vs NT$2.89 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.83 (down from NT$2.89 in 2Q 2021). Revenue: NT$1.37b (down 25% from 2Q 2021). Net income: NT$295.1m (down 37% from 2Q 2021). Profit margin: 22% (down from 25% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 04
ITE Tech. Inc Appoints Hsu, Ya-Shu as Corporate Governance Officer ITE Tech. Inc. announced the appointment of Hsu, Ya-shu, Financial Director as corporate governance officer, effective date is August 3, 2022. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$67.10, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 151% over the past three years. Upcoming Dividend • Jul 07
Upcoming dividend of NT$9.00 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 18 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.1%). Board Change • Jun 12
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shou Shan Chen was the last independent director to join the board, commencing their role in 2020. 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 • May 06
First quarter 2022 earnings released: EPS: NT$2.51 (vs NT$2.33 in 1Q 2021) First quarter 2022 results: EPS: NT$2.51 (up from NT$2.33 in 1Q 2021). Revenue: NT$1.61b (up 5.8% from 1Q 2021). Net income: NT$404.6m (up 8.0% from 1Q 2021). Profit margin: 25% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Shou Shan Chen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$11.21 (up from NT$5.83 in FY 2020). Revenue: NT$7.18b (up 49% from FY 2020). Net income: NT$1.81b (up 93% from FY 2020). Profit margin: 25% (up from 19% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 25
ITE Tech. Inc, Annual General Meeting, Jun 21, 2022 ITE Tech. Inc, Annual General Meeting, Jun 21, 2022. Location: No.9, Chuangsin 1st Rd., Hsinchu Science Park Hsinchu Taiwan Agenda: To consider the 2021 business report; to consider the audit committee's report of 2021 audited financial reports; to consider the status report of the restricted employee shares issuance; to consider the 2021 distributable compensation for employees and directors; to consider the company's 2021 business report and financial statements; to consider the proposal for distribution of 2021 earnings; to consider the proposal of cash dividends from capital surplus; and to consider the amendments to the articles of incorporation. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS NT$3.46 (vs NT$2.06 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.12b (up 45% from 3Q 2020). Net income: NT$556.8m (up 68% from 3Q 2020). Profit margin: 26% (up from 23% 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 46% per year whereas the company’s share price has increased by 51% per year. Upcoming Dividend • Aug 19
Upcoming dividend of NT$6.00 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 23 September 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS NT$2.89 (vs NT$1.47 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.83b (up 58% from 2Q 2020). Net income: NT$465.0m (up 98% from 2Q 2020). Profit margin: 25% (up from 20% 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 40% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 23% share price gain to NT$115, the stock trades at a trailing P/E ratio of 15.6x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 285% over the past three years. Reported Earnings • May 13
First quarter 2021 earnings released: EPS NT$2.33 (vs NT$0.79 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 80% from 1Q 2020). Net income: NT$374.7m (up 198% from 1Q 2020). Profit margin: 25% (up from 15% 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 33% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 20% share price gain to NT$117, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 282% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 15% share price gain to NT$91.50, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 202%. Reported Earnings • Feb 20
Full year 2020 earnings released: EPS NT$5.83 (vs NT$3.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.82b (up 32% from FY 2019). Net income: NT$935.5m (up 74% from FY 2019). Profit margin: 19% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 20
ITE Tech. Inc, Annual General Meeting, Jun 17, 2021 ITE Tech. Inc, Annual General Meeting, Jun 17, 2021. Location: No.9, Chuangsin 1st Rd., Hsinchu Science Park Hsinchu Taiwan Agenda: To consider 2020 business report; to audit committee's report of 2020 audited financial reports; to the status report of the restricted employee shares issuance; to 2020 distributable compensation for employees and directors; to the company's 2020 business report and financial statements; to the proposal for distribution of 2020 earnings; and to consider other matter. Is New 90 Day High Low • Feb 19
New 90-day high: NT$83.20 The company is up 16% from its price of NT$71.50 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: NT$79.00 The company is up 10.0% from its price of NT$72.00 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: NT$66.70 The company is down 7.0% from its price of NT$71.90 on 23 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS NT$2.06 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.46b (up 36% from 3Q 2019). Net income: NT$331.4m (up 83% from 3Q 2019). Profit margin: 23% (up from 17% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.