Reported Earnings • May 06
First quarter 2026 earnings released: EPS: NT$0.60 (vs NT$0.56 in 1Q 2025) First quarter 2026 results: EPS: NT$0.60 (up from NT$0.56 in 1Q 2025). Revenue: NT$869.7m (up 6.5% from 1Q 2025). Net income: NT$45.0m (up 2.3% from 1Q 2025). Profit margin: 5.2% (down from 5.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$48.50, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 42x in the Semiconductor industry in Taiwan. Total loss to shareholders of 19% over the past three years. Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: NT$2.61 (vs NT$2.93 in FY 2024) Full year 2025 results: EPS: NT$2.61 (down from NT$2.93 in FY 2024). Revenue: NT$3.43b (flat on FY 2024). Net income: NT$200.1m (down 10% from FY 2024). Profit margin: 5.8% (down from 6.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 03
Data Image Corporation, Annual General Meeting, May 20, 2026 Data Image Corporation, Annual General Meeting, May 20, 2026. Location: 17- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan New Risk • Dec 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.10b (US$99.0m) 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 120% Cash payout ratio: 93% Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.10b market cap, or US$99.0m). Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: NT$0.78 (vs NT$0.76 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.78 (up from NT$0.76 in 3Q 2024). Revenue: NT$881.2m (down 1.2% from 3Q 2024). Net income: NT$59.9m (up 1.4% from 3Q 2024). Profit margin: 6.8% (up from 6.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (121% payout ratio). Buy Or Sell Opportunity • Oct 03
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at NT$45.00. The fair value is estimated to be NT$37.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 32%. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.89 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.60 (down from NT$0.89 in 2Q 2024). Revenue: NT$887.3m (up 2.0% from 2Q 2024). Net income: NT$46.2m (down 33% from 2Q 2024). Profit margin: 5.2% (down from 7.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Jun 04
Dividend reduced to NT$3.00 Dividend of NT$3.00 is 16% lower than last year. Ex-date: 18th June 2025 Payment date: 15th July 2025 Dividend yield will be 6.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 25% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% 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. Reported Earnings • May 08
First quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.69 in 1Q 2024) First quarter 2025 results: EPS: NT$0.56 (down from NT$0.69 in 1Q 2024). Revenue: NT$816.4m (down 5.2% from 1Q 2024). Net income: NT$44.0m (down 8.7% from 1Q 2024). Profit margin: 5.4% (down from 5.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Apr 27
Data Image Corporation to Report Q1, 2025 Results on May 05, 2025 Data Image Corporation announced that they will report Q1, 2025 results on May 05, 2025 New Risk • Apr 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.06b (US$92.5m) 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 98% Minor Risk Market cap is less than US$100m (NT$3.06b market cap, or US$92.5m). 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$39.15, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1.5% over the past three years. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: NT$2.93 (vs NT$4.02 in FY 2023) Full year 2024 results: EPS: NT$2.93 (down from NT$4.02 in FY 2023). Revenue: NT$3.42b (down 13% from FY 2023). Net income: NT$223.2m (down 20% from FY 2023). Profit margin: 6.5% (down from 7.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Mar 05
Data Image Corporation, Annual General Meeting, May 23, 2025 Data Image Corporation, Annual General Meeting, May 23, 2025. Location: 23- floor no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan Aankondiging • Feb 25
Data Image Corporation to Report Fiscal Year 2024 Results on Mar 04, 2025 Data Image Corporation announced that they will report fiscal year 2024 results on Mar 04, 2025 Buy Or Sell Opportunity • Feb 04
Now 23% overvalued Over the last 90 days, the stock has fallen 2.8% to NT$47.85. The fair value is estimated to be NT$39.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Earnings per share has declined by 13%. Buy Or Sell Opportunity • Jan 10
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to NT$46.50. The fair value is estimated to be NT$38.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Earnings per share has declined by 13%. Buy Or Sell Opportunity • Dec 25
Now 23% overvalued Over the last 90 days, the stock has fallen 18% to NT$46.80. The fair value is estimated to be NT$38.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Earnings per share has declined by 13%. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.76 (vs NT$1.19 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.76 (down from NT$1.19 in 3Q 2023). Revenue: NT$892.1m (down 11% from 3Q 2023). Net income: NT$59.0m (down 28% from 3Q 2023). Profit margin: 6.6% (down from 8.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Aankondiging • Oct 24
Data Image Corporation to Report Q3, 2024 Results on Oct 31, 2024 Data Image Corporation announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: NT$0.88 (vs NT$1.10 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.88 (down from NT$1.10 in 2Q 2023). Revenue: NT$869.9m (down 18% from 2Q 2023). Net income: NT$69.1m (down 9.8% from 2Q 2023). Profit margin: 7.9% (up from 7.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Aankondiging • Jul 27
Data Image Corporation to Report Q2, 2024 Results on Aug 05, 2024 Data Image Corporation announced that they will report Q2, 2024 results on Aug 05, 2024 Declared Dividend • Jun 08
Dividend reduced to NT$3.55 Dividend of NT$3.55 is 29% lower than last year. Ex-date: 26th June 2024 Payment date: 31st July 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (45% cash payout ratio). The dividend has increased by an average of 35% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is more than the 5.2% EPS growth achieved over the last 5 years. Buy Or Sell Opportunity • Jun 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to NT$64.30. The fair value is estimated to be NT$81.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 7.4%. Aankondiging • Apr 27
Data Image Corporation to Report Q1, 2024 Results on May 02, 2024 Data Image Corporation announced that they will report Q1, 2024 results on May 02, 2024 New Risk • Apr 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 earnings (100% payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding). Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$62.30, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 153% over the past three years. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: NT$4.02 (vs NT$6.08 in FY 2022) Full year 2023 results: EPS: NT$4.02 (down from NT$6.08 in FY 2022). Revenue: NT$3.92b (down 20% from FY 2022). Net income: NT$278.9m (down 34% from FY 2022). Profit margin: 7.1% (down from 8.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 02
Data Image Corporation, Annual General Meeting, May 28, 2024 Data Image Corporation, Annual General Meeting, May 28, 2024. Location: No.128,Sec.1,Datong Rd.,Xizhi Dist. New Taipei City Taiwan Agenda: To consider report of 2023 business; to consider audit Committee's review report; to consider the 2023 Distribution of employees & board of directors' remuneration; to consider the 2023 Distribution of 2023 profits in cash dividends; to accept the 2023 Business Report and Financial Statements; to accept the proposal for distribution of 2023 profits; and to consider other matters. Buy Or Sell Opportunity • Feb 23
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to NT$72.90. The fair value is estimated to be NT$60.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 26%. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: NT$1.19 (vs NT$1.55 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.19 (down from NT$1.55 in 3Q 2022). Revenue: NT$1.01b (down 14% from 3Q 2022). Net income: NT$82.3m (down 24% from 3Q 2022). Profit margin: 8.2% (down from 9.2% 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 26% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 03
First half 2023 earnings released: EPS: NT$2.24 (vs NT$2.98 in 1H 2022) First half 2023 results: EPS: NT$2.24 (down from NT$2.98 in 1H 2022). Revenue: NT$2.13b (down 17% from 1H 2022). Net income: NT$155.3m (down 25% from 1H 2022). Profit margin: 7.3% (down from 8.0% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 28
Upcoming dividend of NT$5.00 per share at 6.8% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%). Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: NT$6.08 (vs NT$4.58 in FY 2021) Full year 2022 results: EPS: NT$6.08 (up from NT$4.58 in FY 2021). Revenue: NT$4.92b (up 14% from FY 2021). Net income: NT$421.9m (up 33% from FY 2021). Profit margin: 8.6% (up from 7.4% in FY 2021). 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 but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$57.70, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 172% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 07
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down NT$116.4m from profit in 1H 2021). Profit margin: (down from 6.3% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 28
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.5%). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$4.58 (up from NT$2.58 in FY 2020). Revenue: NT$4.32b (up 52% from FY 2020). Net income: NT$318.0m (up 78% from FY 2020). Profit margin: 7.4% (up from 6.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% 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 • Nov 15
Investor sentiment improved over the past week After last week's 16% share price gain to NT$36.65, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 186% over the past three years. Reported Earnings • Aug 06
First half 2021 earnings released: EPS NT$1.68 (vs NT$1.05 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: NT$1.85b (up 60% from 1H 2020). Net income: NT$116.4m (up 60% from 1H 2020). Profit margin: 6.3% (in line with 1H 2020). 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. Upcoming Dividend • Jun 24
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 01 July 2021. Payment date: 10 August 2021. Trailing yield: 5.1%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 22% share price gain to NT$36.30, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 181% over the past three years. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS NT$2.58 (vs NT$3.01 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$2.84b (up 4.6% from FY 2019). Net income: NT$179.1m (down 14% from FY 2019). Profit margin: 6.3% (down from 7.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 09
New 90-day high: NT$31.85 The company is up 18% from its price of NT$27.05 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: NT$31.55 The company is up 37% from its price of NT$23.05 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 22% share price gain to NT$31.55, the stock is trading at a trailing P/E ratio of 12.5x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 191%. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 18% share price gain to NT$27.50, the stock is trading at a trailing P/E ratio of 10.9x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 166%. Valuation Update With 7 Day Price Move • Dec 05
Market bids up stock over the past week After last week's 17% share price gain to NT$27.60, the stock is trading at a trailing P/E ratio of 11x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 169%. Is New 90 Day High Low • Nov 24
New 90-day high: NT$24.00 The company is up 9.0% from its price of NT$22.10 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 04
New 90-day high: NT$23.50 The company is up 3.0% from its price of NT$22.80 on 06 July 2020. The Taiwanese market is up 4.0% 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.