Reported Earnings • May 16
First quarter 2026 earnings released: NT$0.47 loss per share (vs NT$0.062 loss in 1Q 2025) First quarter 2026 results: NT$0.47 loss per share (further deteriorated from NT$0.062 loss in 1Q 2025). Revenue: NT$61.2m (down 37% from 1Q 2025). Net loss: NT$21.9m (loss widened NT$19.4m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 13
Full year 2025 earnings released: NT$1.02 loss per share (vs NT$1.05 loss in FY 2024) Full year 2025 results: NT$1.02 loss per share. Revenue: NT$479.3m (up 5.6% from FY 2024). Net loss: NT$43.9m (loss widened 4.1% from FY 2024). Aankondiging • Mar 11
Dexin Corporation, Annual General Meeting, Jun 01, 2026 Dexin Corporation, Annual General Meeting, Jun 01, 2026. Location: 1 floor building. a no,26, pao kao rd., sindian district, new taipei city Taiwan Buy Or Sell Opportunity • Nov 28
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to NT$27.15. The fair value is estimated to be NT$21.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years. Earnings per share has grown by 14%. Reported Earnings • Nov 13
Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.62 loss in 3Q 2024) Third quarter 2025 results: NT$0.04 loss per share (improved from NT$0.62 loss in 3Q 2024). Revenue: NT$126.3m (up 39% from 3Q 2024). Net loss: NT$1.99m (loss narrowed 92% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.56 loss per share (vs NT$0 in 2Q 2024) Second quarter 2025 results: NT$0.56 loss per share (further deteriorated from NT$0 in 2Q 2024). Revenue: NT$166.1m (up 27% from 2Q 2024). Net loss: NT$22.3m (down NT$22.3m from profit in 2Q 2024). 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 4% per year, which means it is well ahead of earnings. New Risk • Jul 11
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 8.3% 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 (8.3% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$765.4m market cap, or US$26.2m). Aankondiging • Jul 08
Dexin Corporation has filed a Follow-on Equity Offering in the amount of TWD 7.395 million. Dexin Corporation has filed a Follow-on Equity Offering in the amount of TWD 7.395 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 510,000
Price\Range: TWD 14.5 Reported Earnings • May 19
First quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.50 loss in 1Q 2024) First quarter 2025 results: NT$0.06 loss per share (improved from NT$0.50 loss in 1Q 2024). Revenue: NT$97.4m (up 20% from 1Q 2024). Net loss: NT$2.47m (loss narrowed 88% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 19
Full year 2024 earnings released: NT$1.05 loss per share (vs NT$2.37 loss in FY 2023) Full year 2024 results: NT$1.05 loss per share (improved from NT$2.37 loss in FY 2023). Revenue: NT$454.0m (up 17% from FY 2023). Net loss: NT$42.2m (loss narrowed 56% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 13
Dexin Corporation, Annual General Meeting, Jun 25, 2025 Dexin Corporation, Annual General Meeting, Jun 25, 2025. Location: 1 floor building. b no,28, pao kao rd., sindian district, new taipei city Taiwan New Risk • Feb 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 6.8% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-NT$93m free cash flow). Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$751.3m market cap, or US$22.9m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.62 loss per share (vs NT$0.45 loss in 3Q 2023) Third quarter 2024 results: NT$0.62 loss per share (further deteriorated from NT$0.45 loss in 3Q 2023). Revenue: NT$90.9m (up 25% from 3Q 2023). Net loss: NT$24.8m (loss widened 38% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0 (vs NT$0.54 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0 (improved from NT$0.54 loss in 2Q 2023). Revenue: NT$131.3m (down 17% from 2Q 2023). Net income: NT$5.0k (up NT$21.8m from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.50 loss per share (vs NT$0.69 loss in 1Q 2023) First quarter 2024 results: NT$0.50 loss per share (improved from NT$0.69 loss in 1Q 2023). Revenue: NT$81.1m (up 1.6% from 1Q 2023). Net loss: NT$20.2m (loss narrowed 27% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 20
Dexin Corporation, Annual General Meeting, Jun 27, 2024 Dexin Corporation, Annual General Meeting, Jun 27, 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: NT$2.37 loss per share (vs NT$1.30 loss in FY 2022) Full year 2023 results: NT$2.37 loss per share (further deteriorated from NT$1.30 loss in FY 2022). Revenue: NT$387.4m (down 30% from FY 2022). Net loss: NT$94.8m (loss widened 87% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 9.1% 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 9.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$717.3m market cap, or US$22.4m). Reported Earnings • Aug 13
Second quarter 2023 earnings released: NT$0.54 loss per share (vs NT$0.37 loss in 2Q 2022) Second quarter 2023 results: NT$0.54 loss per share (further deteriorated from NT$0.37 loss in 2Q 2022). Revenue: NT$158.4m (up 23% from 2Q 2022). Net loss: NT$21.8m (loss widened 48% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. 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. 4 experienced directors. No highly experienced directors. No independent directors (3 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. Upcoming Dividend • Aug 23
Upcoming dividend of NT$0.80 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 27 September 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (7.3%). Reported Earnings • Aug 16
Second quarter 2022 earnings released Second quarter 2022 results: NT$0.38 loss per share. Net loss: NT$14.7m (flat on 2Q 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.08 loss per share (vs NT$0.40 profit in 1Q 2021) First quarter 2022 results: NT$0.08 loss per share (down from NT$0.40 profit in 1Q 2021). Revenue: NT$173.5m (down 43% from 1Q 2021). Net loss: NT$2.81m (down 121% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. 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. 4 experienced directors. No highly experienced directors. No independent directors (3 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 • Apr 03
Full year 2021 earnings released: EPS: NT$1.77 (vs NT$0.63 in FY 2020) Full year 2021 results: EPS: NT$1.77 (up from NT$0.63 in FY 2020). Revenue: NT$1.23b (up 51% from FY 2020). Net income: NT$60.2m (up 181% from FY 2020). Profit margin: 4.9% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.4%, compared to a 8.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 02
Dexin Corporation, Annual General Meeting, Jun 23, 2022 Dexin Corporation, Annual General Meeting, Jun 23, 2022. Agenda: Regular (Special) Shareholders' Meetings. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 21% share price gain to NT$31.45, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 15x in the Tech industry in Taiwan. Total returns to shareholders of 263% over the past three years. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.84 (vs NT$0.63 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$370.6m (up 23% from 3Q 2020). Net income: NT$28.4m (up 33% from 3Q 2020). Profit margin: 7.7% (up from 7.1% 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 68% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 19% share price gain to NT$26.20, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 263% over the past three years. Reported Earnings • Aug 18
First half 2021 earnings released: EPS NT$0.84 (vs NT$0.66 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$612.6m (up 189% from 1H 2020). Net income: NT$27.4m (up NT$48.9m from 1H 2020). Profit margin: 4.5% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 18
Upcoming dividend of NT$0.17 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 17 September 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (5.5%). Reported Earnings • Apr 21
Full year 2020 earnings released: EPS NT$0.65 (vs NT$0.92 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$813.5m (up 54% from FY 2019). Net income: NT$21.4m (up NT$51.3m from FY 2019). Profit margin: 2.6% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 20
New 90-day high: NT$21.50 The company is up 12% from its price of NT$19.25 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: NT$21.30 The company is up 1.0% from its price of NT$21.00 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 5.0% over the same period.