Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$35.30, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 40x in the Electronic industry in Taiwan. Total returns to shareholders of 3.2% over the past three years. Reported Earnings • May 15
First quarter 2026 earnings released: NT$0.27 loss per share (vs NT$0.57 loss in 1Q 2025) First quarter 2026 results: NT$0.27 loss per share (improved from NT$0.57 loss in 1Q 2025). Revenue: NT$645.0m (up 27% from 1Q 2025). Net loss: NT$55.4m (loss narrowed 50% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Mar 12
Newmax Technology Co., Ltd., Annual General Meeting, Jun 17, 2026 Newmax Technology Co., Ltd., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,88, fu jung rd., houli district, taichung city Taiwan Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: NT$1.86 (vs NT$2.53 loss in FY 2024) Full year 2025 results: EPS: NT$1.86 (up from NT$2.53 loss in FY 2024). Revenue: NT$2.27b (up 19% from FY 2024). Net income: NT$375.7m (up NT$840.7m from FY 2024). Profit margin: 17% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$28.50, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total loss to shareholders of 3.1% over the past three years. New Risk • Jan 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 7.0% 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: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$38.50, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$31.50, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 8.8% over the past three years. Reported Earnings • Nov 13
Third quarter 2025 earnings released: NT$0.36 loss per share (vs NT$0.82 loss in 3Q 2024) Third quarter 2025 results: NT$0.36 loss per share (improved from NT$0.82 loss in 3Q 2024). Revenue: NT$583.7m (up 16% from 3Q 2024). Net loss: NT$74.5m (loss narrowed 51% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$39.40, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$31.00, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 1.3% over the past three years. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: NT$3.06 (vs NT$0.55 loss in 2Q 2024) Second quarter 2025 results: EPS: NT$3.06 (up from NT$0.55 loss in 2Q 2024). Revenue: NT$617.8m (up 30% from 2Q 2024). Net income: NT$624.6m (up NT$726.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • May 08
First quarter 2025 earnings released: NT$0.57 loss per share (vs NT$0.43 loss in 1Q 2024) First quarter 2025 results: NT$0.57 loss per share (further deteriorated from NT$0.43 loss in 1Q 2024). Revenue: NT$506.8m (up 9.0% from 1Q 2024). Net loss: NT$110.8m (loss widened 41% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • May 01
Newmax Technology Co., Ltd. to Report Q1, 2025 Results on May 07, 2025 Newmax Technology Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025 New Risk • Apr 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.06b (US$92.9m) 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 Earnings have declined by 31% 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$3.06b market cap, or US$92.9m). Reported Earnings • Mar 20
Full year 2024 earnings released: NT$2.52 loss per share (vs NT$3.35 loss in FY 2023) Full year 2024 results: NT$2.52 loss per share (improved from NT$3.35 loss in FY 2023). Revenue: NT$1.90b (up 23% from FY 2023). Net loss: NT$465.0m (loss narrowed 25% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Mar 14
Newmax Technology Co., Ltd., Annual General Meeting, Jun 23, 2025 Newmax Technology Co., Ltd., Annual General Meeting, Jun 23, 2025, at 10:00 Taipei Standard Time. Location: 1 floor no,88, fu jung rd., houli district, taichung city Taiwan Aankondiging • Mar 05
Newmax Technology Co., Ltd. announced that it has received TWD 443.2 million in funding from Q Technology (Group) Company Limited On March 3, 2025, Newmax Technology Co., Ltd. closed the transaction. The company issued 20,000,000 common shares at a par value of TWD 10 per share, at a price of TWD 22.16 per share for gross proceeds of TWD 443,200,000. Aankondiging • Mar 04
Newmax Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025 Newmax Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025 New Risk • Feb 01
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 7.9% 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 (7.9% average weekly change). Earnings have declined by 39% per year over the past 5 years. New Risk • Dec 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 6.6% 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 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Aankondiging • Dec 20
Newmax Technology Co., Ltd. announced that it expects to receive funding from Q Technology (Group) Company Limited Newmax Technology Co., Ltd. announced a private placement to issue 20,000,000 common shares on December 18, 2024. The transaction will include participation from returning investor Q Technology (Group) Company Limited. The transaction has been approved by shareholders. Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.82 loss per share (vs NT$0.56 loss in 3Q 2023) Third quarter 2024 results: NT$0.82 loss per share (further deteriorated from NT$0.56 loss in 3Q 2023). Revenue: NT$505.5m (up 18% from 3Q 2023). Net loss: NT$151.3m (loss widened 47% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.81 loss in 2Q 2023) Second quarter 2024 results: NT$0.55 loss per share (improved from NT$0.81 loss in 2Q 2023). Revenue: NT$473.9m (up 34% from 2Q 2023). Net loss: NT$101.3m (loss narrowed 32% from 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Aug 02
Newmax Technology Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Newmax Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.43 loss per share (vs NT$1.15 loss in 1Q 2023) First quarter 2024 results: NT$0.43 loss per share (improved from NT$1.15 loss in 1Q 2023). Revenue: NT$464.8m (up 47% from 1Q 2023). Net loss: NT$78.4m (loss narrowed 63% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 12% per year. Aankondiging • May 05
Newmax Technology Co., Ltd. to Report Q1, 2024 Results on May 13, 2024 Newmax Technology Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024 Aankondiging • Mar 12
Newmax Technology Co., Ltd., Annual General Meeting, Jun 24, 2024 Newmax Technology Co., Ltd., Annual General Meeting, Jun 24, 2024. Location: No. 269, Sec. 1, Houke Rd., Houli Dist., Taichung City (the Company) Taichung City Taiwan Agenda: To consider 2023 Operational Report; Report on the 2023 final accounts reviewed by the Audit Committee; Report on the endorsements and guarantees provided in 2023; Report on investment matters in China; The Company loss reached one-half of the paid-in capital; and to discuss other matters. Reported Earnings • Nov 14
Third quarter 2023 earnings released: NT$0.56 loss per share (vs NT$0.93 loss in 3Q 2022) Third quarter 2023 results: NT$0.56 loss per share (improved from NT$0.93 loss in 3Q 2022). Revenue: NT$429.7m (up 44% from 3Q 2022). Net loss: NT$102.9m (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 06
Second quarter 2023 earnings released: NT$0.81 loss per share (vs NT$0.59 loss in 2Q 2022) Second quarter 2023 results: NT$0.81 loss per share (further deteriorated from NT$0.59 loss in 2Q 2022). Revenue: NT$355.1m (down 16% from 2Q 2022). Net loss: NT$149.7m (loss widened 37% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 22
Newmax Technology Co., Ltd. Elects Chih-Hsin Wang as Independent Director Newmax Technology Co., Ltd. at its shareholders meeting held on June 21, 2023, approved the election of Chih-Hsin Wang as Independent Director. Reported Earnings • Mar 28
Full year 2022 earnings released: NT$2.48 loss per share (vs NT$3.43 loss in FY 2021) Full year 2022 results: NT$2.48 loss per share (improved from NT$3.43 loss in FY 2021). Revenue: NT$1.60b (down 34% from FY 2021). Net loss: NT$456.9m (loss narrowed 28% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Ren-Yu Wei was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: NT$0.93 loss per share (vs NT$1.37 loss in 3Q 2021) Third quarter 2022 results: NT$0.93 loss per share (improved from NT$1.37 loss in 3Q 2021). Revenue: NT$297.7m (down 39% from 3Q 2021). Net loss: NT$171.6m (loss narrowed 32% from 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. Reported Earnings • Aug 10
Second quarter 2022 earnings released: NT$0.60 loss per share (vs NT$0.67 loss in 2Q 2021) Second quarter 2022 results: NT$0.60 loss per share (up from NT$0.67 loss in 2Q 2021). Revenue: NT$422.1m (down 32% from 2Q 2021). Net loss: NT$109.7m (loss narrowed 12% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Ren-Yu Wei was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: NT$3.43 loss per share (down from NT$1.50 loss in FY 2020). Revenue: NT$2.42b (down 10% from FY 2020). Net loss: NT$631.6m (loss widened 128% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Third quarter 2021 earnings released: NT$1.37 loss per share (vs NT$0.33 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$488.4m (down 36% from 3Q 2020). Net loss: NT$252.1m (loss widened 320% from 3Q 2020). 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 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: NT$0.67 loss per share (vs NT$0.41 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$624.5m (down 12% from 2Q 2020). Net loss: NT$124.0m (loss widened 66% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
First quarter 2021 earnings released: NT$0.54 loss per share (vs NT$0.61 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$766.6m (up 85% from 1Q 2020). Net loss: NT$98.7m (loss narrowed 12% from 1Q 2020). 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 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 12
Full year 2020 earnings released: NT$1.50 loss per share (vs NT$3.02 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$2.69b (down 23% from FY 2019). Net loss: NT$276.9m (down 155% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 11
New 90-day high: NT$60.60 The company is up 17% from its price of NT$51.60 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. Aankondiging • Jan 23
Newmax Technology Co., Ltd., Annual General Meeting, Apr 22, 2021 Newmax Technology Co., Ltd., Annual General Meeting, Apr 22, 2021. Location: No. 37, Jiadong Road Waipu District Taichung City Taiwan Agenda: To consider the 2020 operating results ; to consider the 2020 final accounts report reviewed by the Audit Committee; to consider an amendment to the Company's Code of Ethical Conduct; and to transact such other business issues. Is New 90 Day High Low • Nov 19
New 90-day high: NT$48.50 The company is up 16% from its price of NT$41.75 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: NT$0.33 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$768.4m (down 19% from 3Q 2019). Net loss: NT$60.1m (down 152% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 29
New 90-day low: NT$39.65 The company is down 14% from its price of NT$46.20 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$41.25 The company is down 19% from its price of NT$50.80 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. 