Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: NT$0.48 (vs NT$2.50 loss in FY 2024) Full year 2025 results: EPS: NT$0.48 (up from NT$2.50 loss in FY 2024). Revenue: NT$1.36b (up 43% from FY 2024). Net income: NT$29.1m (up NT$180.2m from FY 2024). Profit margin: 2.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Aankondiging • Mar 10
Usun Technology Co., Ltd., Annual General Meeting, Jun 12, 2026 Usun Technology Co., Ltd., Annual General Meeting, Jun 12, 2026, at 09:00 Taipei Standard Time. Location: no,68, sheng to n. rd., hsi hai li, dayuan dist., taoyuan city Taiwan Board Change • Feb 22
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Chih-Chen Chou was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Third quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.17 profit in 3Q 2024) Third quarter 2025 results: NT$0.19 loss per share (down from NT$0.17 profit in 3Q 2024). Revenue: NT$237.8m (down 37% from 3Q 2024). Net loss: NT$11.7m (down 214% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$0.34 (vs NT$0.84 loss in 2Q 2024) Second quarter 2025 results: EPS: NT$0.34 (up from NT$0.84 loss in 2Q 2024). Revenue: NT$465.8m (up 162% from 2Q 2024). Net income: NT$20.7m (up NT$71.3m from 2Q 2024). Profit margin: 4.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. 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 20% per year, which means it is well ahead of earnings. Reported Earnings • May 15
First quarter 2025 earnings released: NT$1.05 loss per share (vs NT$1.54 loss in 1Q 2024) First quarter 2025 results: NT$1.05 loss per share (improved from NT$1.54 loss in 1Q 2024). Revenue: NT$143.5m (up 115% from 1Q 2024). Net loss: NT$63.2m (loss narrowed 32% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. New Risk • May 13
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 9.0% 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 Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (NT$2.70b market cap, or US$88.7m). Aankondiging • May 01
Usun Technology Co., Ltd. to Report Q1, 2025 Results on May 09, 2025 Usun Technology Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Mar 27
Full year 2024 earnings released: NT$2.50 loss per share (vs NT$2.42 loss in FY 2023) Full year 2024 results: NT$2.50 loss per share (further deteriorated from NT$2.42 loss in FY 2023). Revenue: NT$946.9m (down 21% from FY 2023). Net loss: NT$151.1m (loss widened 3.3% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 13
Usun Technology Co., Ltd., Annual General Meeting, Jun 13, 2025 Usun Technology Co., Ltd., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: no,68, sheng to n. rd., hsi hai li, dayuan dist., taoyuan city Taiwan Aankondiging • Mar 04
Usun Technology Co., Ltd. to Report Q4, 2024 Results on Mar 11, 2025 Usun Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025 Board Change • Feb 11
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chih-Chen Chou was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 10
Usun Technology Co., Ltd. Announces Demise of Liu Xian-Cheng, Independent Director Usun Technology Co., Ltd. announced demise of Liu Xian-Cheng, Independent director of the company. New Risk • Nov 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$99.7m) 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 Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Market cap is less than US$100m (NT$3.25b market cap, or US$99.7m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.17 (vs NT$1.03 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.17 (down from NT$1.03 in 3Q 2023). Revenue: NT$376.8m (down 14% from 3Q 2023). Net income: NT$10.3m (down 83% from 3Q 2023). Profit margin: 2.7% (down from 14% in 3Q 2023). 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 92 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 02
Usun Technology Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024 Usun Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.84 loss per share (vs NT$1.47 loss in 2Q 2023) Second quarter 2024 results: NT$0.84 loss per share (improved from NT$1.47 loss in 2Q 2023). Revenue: NT$178.1m (down 55% from 2Q 2023). Net loss: NT$50.6m (loss narrowed 43% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Aankondiging • Jul 31
Usun Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024 Usun Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024 New Risk • May 20
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 8.5% 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 Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.28b market cap, or US$70.8m). Reported Earnings • May 19
First quarter 2024 earnings released: NT$1.54 loss per share (vs NT$0.33 loss in 1Q 2023) First quarter 2024 results: NT$1.54 loss per share (further deteriorated from NT$0.33 loss in 1Q 2023). Revenue: NT$66.9m (down 78% from 1Q 2023). Net loss: NT$93.1m (loss widened 367% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • May 02
Usun Technology Co., Ltd. to Report Q1, 2024 Results on May 09, 2024 Usun Technology Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Apr 01
Full year 2023 earnings released: NT$2.42 loss per share (vs NT$1.68 profit in FY 2022) Full year 2023 results: NT$2.42 loss per share (down from NT$1.68 profit in FY 2022). Revenue: NT$1.20b (down 31% from FY 2022). Net loss: NT$146.3m (down 242% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. New Risk • Mar 26
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 Dividend is not well covered by earnings and cash flows. Payout ratio: 409% Paying a dividend despite having no free cash flows. 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$2.26b market cap, or US$70.9m). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$38.50, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total loss to shareholders of 9.2% over the past three years. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: NT$1.03 (vs NT$1.75 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.03 (down from NT$1.75 in 3Q 2022). Revenue: NT$435.4m (down 7.3% from 3Q 2022). Net income: NT$62.0m (down 42% from 3Q 2022). Profit margin: 14% (down from 23% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2023 earnings released: NT$1.47 loss per share (vs NT$1.30 loss in 2Q 2022) Second quarter 2023 results: NT$1.47 loss per share (further deteriorated from NT$1.30 loss in 2Q 2022). Revenue: NT$391.6m (up 133% from 2Q 2022). Net loss: NT$88.9m (loss widened 12% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 19
Upcoming dividend of NT$2.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 26 June 2023. Payment date: 19 July 2023. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.2%). New Risk • Jun 14
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 119% Dividend per share is over 213x cash flows per share. Dividend yield: 4.3% 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Dividend per share is over 213x cash flows per share. 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$2.78b market cap, or US$90.6m). New Risk • Jun 13
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: 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$2.64b market cap, or US$85.8m). Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to NT$43.70, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 36% over the past three years. Aankondiging • Jun 07
Usun Technology Co., Ltd. Announces Cash Dividend, Payment Date of Cash Dividend Distribution Is July 19, 2023 Usun Technology Co., Ltd. announced Cash dividend issued from earnings distribution of TWD 2.0 per share and total amount is TWD 120,822,016. Ex-rights (Ex-dividend) date is June 26, 2023. Ex-rights (Ex-dividend) record date is July 2, 2023. Payment date of cash dividend distribution is July 19, 2023. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.75 (vs NT$0.73 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$1.75 (up from NT$0.73 loss in 3Q 2021). Revenue: NT$469.5m (up 113% from 3Q 2021). Net income: NT$107.2m (up NT$152.2m from 3Q 2021). Profit margin: 23% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.75 (vs NT$0.73 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$1.75 (up from NT$0.73 loss in 3Q 2021). Revenue: NT$469.5m (up 113% from 3Q 2021). Net income: NT$107.2m (up NT$152.2m from 3Q 2021). Profit margin: 23% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 16
Second quarter 2022 earnings released: NT$1.30 loss per share (vs NT$0.93 profit in 2Q 2021) Second quarter 2022 results: NT$1.30 loss per share (down from NT$0.93 profit in 2Q 2021). Revenue: NT$167.9m (down 66% from 2Q 2021). Net loss: NT$79.5m (down 239% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 17
First quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.50 profit in 1Q 2021) First quarter 2022 results: NT$0.02 loss per share (down from NT$0.50 profit in 1Q 2021). Revenue: NT$285.5m (down 28% from 1Q 2021). Net loss: NT$1.43m (down 105% 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 fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: NT$0.27 (vs NT$0.58 loss in FY 2020) Full year 2021 results: EPS: NT$0.27 (up from NT$0.58 loss in FY 2020). Revenue: NT$1.47b (down 23% from FY 2020). Net income: NT$16.6m (up NT$52.5m from FY 2020). Profit margin: 1.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.73 loss per share (vs NT$0.54 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$220.8m (down 49% from 3Q 2020). Net loss: NT$44.9m (loss widened 33% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$0.93 (vs NT$1.19 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$487.7m (down 26% from 2Q 2020). Net income: NT$57.2m (down 23% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to NT$35.50, the stock trades at a trailing P/E ratio of 78.4x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 40% over the past three years. Reported Earnings • May 17
First quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.53 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$394.8m (up 30% from 1Q 2020). Net income: NT$30.5m (up NT$63.9m from 1Q 2020). Profit margin: 7.7% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: NT$0.58 loss per share (vs NT$6.89 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$1.91b (up 29% from FY 2019). Net loss: NT$36.0m (loss narrowed 92% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 28
New 90-day low: NT$39.70 The company is down 21% from its price of NT$50.00 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: NT$40.10 The company is down 4.0% from its price of NT$41.75 on 24 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: NT$0.54 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$429.4m (up 31% from 3Q 2019). Net loss: NT$33.9m (loss narrowed 72% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 95% 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. Is New 90 Day High Low • Oct 07
New 90-day high: NT$47.70 The company is up 9.0% from its price of NT$43.65 on 09 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period.