Buy Or Sell Opportunity • Jun 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to NT$68.30. The fair value is estimated to be NT$56.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • May 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to NT$69.50. The fair value is estimated to be NT$57.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 07
First quarter 2026 earnings released: EPS: NT$0.44 (vs NT$0.16 in 1Q 2025) First quarter 2026 results: EPS: NT$0.44 (up from NT$0.16 in 1Q 2025). Revenue: NT$541.9m (up 56% from 1Q 2025). Net income: NT$34.2m (up 184% from 1Q 2025). Profit margin: 6.3% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Mar 06
Silicon Optronics, Inc., Annual General Meeting, May 25, 2026 Silicon Optronics, Inc., Annual General Meeting, May 25, 2026. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: NT$1.74 (vs NT$1.33 loss in FY 2024) Full year 2025 results: EPS: NT$1.74 (up from NT$1.33 loss in FY 2024). Revenue: NT$1.85b (up 6.6% from FY 2024). Net income: NT$135.0m (up NT$237.8m from FY 2024). Profit margin: 7.3% (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 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Dec 04
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 6.7% 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 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$1.22 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.75 (down from NT$1.22 in 3Q 2024). Revenue: NT$465.5m (down 18% from 3Q 2024). Net income: NT$57.9m (down 39% from 3Q 2024). Profit margin: 12% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 08
Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.089 loss in 2Q 2024) Second quarter 2025 results: NT$0.44 loss per share (further deteriorated from NT$0.089 loss in 2Q 2024). Revenue: NT$458.7m (up 7.4% from 2Q 2024). Net loss: NT$33.8m (loss widened 389% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 09
First quarter 2025 earnings released: EPS: NT$0.16 (vs NT$0.18 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.16 (up from NT$0.18 loss in 1Q 2024). Revenue: NT$346.5m (flat on 1Q 2024). Net income: NT$12.1m (up NT$25.8m from 1Q 2024). Profit margin: 3.5% (up from net loss in 1Q 2024). 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. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: NT$0.16 (vs NT$0.18 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.16 (up from NT$0.18 loss in 1Q 2024). Revenue: NT$346.5m (flat on 1Q 2024). Net income: NT$12.1m (up NT$25.8m from 1Q 2024). Profit margin: 3.5% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 25
Full year 2024 earnings released: NT$1.33 loss per share (vs NT$3.70 loss in FY 2023) Full year 2024 results: NT$1.33 loss per share (improved from NT$3.70 loss in FY 2023). Revenue: NT$1.73b (up 4.1% from FY 2023). Net loss: NT$102.8m (loss narrowed 64% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 12
Silicon Optronics, Inc., Annual General Meeting, Jun 18, 2025 Silicon Optronics, Inc., Annual General Meeting, Jun 18, 2025. Location: 2 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan New Risk • Nov 15
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 Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: NT$1.22 (vs NT$0.098 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.22 (up from NT$0.098 in 3Q 2023). Revenue: NT$569.6m (up 34% from 3Q 2023). Net income: NT$94.6m (up NT$87.0m from 3Q 2023). Profit margin: 17% (up from 1.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 26
Silicon Optronics, Inc. to Report Q3, 2024 Results on Nov 05, 2024 Silicon Optronics, Inc. announced that they will report Q3, 2024 results on Nov 05, 2024 Reported Earnings • Aug 04
Second quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.51 loss in 2Q 2023) Second quarter 2024 results: NT$0.09 loss per share (improved from NT$0.51 loss in 2Q 2023). Revenue: NT$426.9m (up 12% from 2Q 2023). Net loss: NT$6.91m (loss narrowed 82% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 25
Silicon Optronics, Inc. to Report Q2, 2024 Results on Aug 02, 2024 Silicon Optronics, Inc. announced that they will report Q2, 2024 results on Aug 02, 2024 Reported Earnings • May 07
First quarter 2024 earnings released: NT$2.09 loss per share (vs NT$2.09 loss in 1Q 2023) First quarter 2024 results: NT$2.09 loss per share. Revenue: NT$346.8m (down 17% from 1Q 2023). Net loss: NT$13.8m (loss narrowed 92% from 1Q 2023). Reported Earnings • Mar 15
Full year 2023 earnings released: NT$3.70 loss per share (vs NT$1.59 profit in FY 2022) Full year 2023 results: NT$3.70 loss per share (down from NT$1.59 profit in FY 2022). Revenue: NT$1.66b (down 18% from FY 2022). Net loss: NT$286.7m (down 334% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 13
Silicon Optronics, Inc., Annual General Meeting, Jun 18, 2024 Silicon Optronics, Inc., Annual General Meeting, Jun 18, 2024. Location: EDISON, 2F, No.1, Gongye E. 2nd Rd., Hsinchu City300 GIS HSP Convention Center Hsinchu City Taiwan Agenda: To report the business of 2023; to consider audit committee's review report; to consider 2023 business report and financial statements; to consider the proposal for deficit compensation of 2023; and to consider other issues. New Risk • Nov 22
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 7.5% 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 Risks Share price has been highly volatile over the past 3 months (7.5% average weekly change). Earnings have declined by 3.3% per year over the past 5 years. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: NT$0.10 (vs NT$0.043 loss in 3Q 2022) Third quarter 2023 results: EPS: NT$0.10 (up from NT$0.043 loss in 3Q 2022). Revenue: NT$424.4m (up 21% from 3Q 2022). Net income: NT$7.59m (up NT$10.9m from 3Q 2022). Profit margin: 1.8% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Oct 06
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 6.1% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 05
Second quarter 2023 earnings released: NT$0.51 loss per share (vs NT$0.79 profit in 2Q 2022) Second quarter 2023 results: NT$0.51 loss per share (down from NT$0.79 profit in 2Q 2022). Revenue: NT$381.7m (down 33% from 2Q 2022). Net loss: NT$39.4m (down 164% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: NT$1.59 (vs NT$9.61 in FY 2021) Full year 2022 results: EPS: NT$1.59 (down from NT$9.61 in FY 2021). Revenue: NT$2.03b (down 49% from FY 2021). Net income: NT$122.6m (down 84% from FY 2021). Profit margin: 6.0% (down from 19% 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 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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 Chang-Chou Li was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: NT$0.04 loss per share (vs NT$3.18 profit in 3Q 2021) Third quarter 2022 results: NT$0.04 loss per share (down from NT$3.18 profit in 3Q 2021). Revenue: NT$350.5m (down 69% from 3Q 2021). Net loss: NT$3.35m (down 101% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$62.00, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 30% over the past three years. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: NT$0.79 (vs NT$3.22 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.79 (down from NT$3.22 in 2Q 2021). Revenue: NT$572.9m (down 47% from 2Q 2021). Net income: NT$61.2m (down 75% from 2Q 2021). Profit margin: 11% (down from 23% 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 58% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 07
Upcoming dividend of NT$3.50 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (5.1%). Reported Earnings • May 05
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: NT$1.36 (down from NT$1.53 in 1Q 2021). Revenue: NT$682.1m (down 26% from 1Q 2021). Net income: NT$104.9m (down 11% from 1Q 2021). Profit margin: 15% (up from 13% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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 Chang-Chou Li was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 19% share price gain to NT$120, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$3.18 (vs NT$1.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.11b (up 20% from 3Q 2020). Net income: NT$245.6m (up 165% from 3Q 2020). Profit margin: 22% (up from 10.0% 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 57% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$152, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$170, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 61% over the past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$3.22 (vs NT$0.17 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.09b (up 101% from 2Q 2020). Net income: NT$248.6m (up NT$235.9m from 2Q 2020). Profit margin: 23% (up from 2.4% 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 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 16
Upcoming dividend of NT$2.80 per share Eligible shareholders must have bought the stock before 23 July 2021. Payment date: 26 August 2021. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 25% share price gain to NT$200, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 16% share price gain to NT$99.80, the stock trades at a trailing P/E ratio of 21.6x. Average forward P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorated over the past week After last week's 20% share price decline to NT$112, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 36% over the past three years. Aankondiging • Mar 12
Silicon Optronics, Inc. Proposes Dividend Distribution for the Full Year Ended December 31, 2020 Silicon Optronics, Inc. at its board meeting held on March 10, 2021 proposed dividend distribution of TWD 2.8 for the full year ended December 31, 2020. Aankondiging • Mar 11
Silicon Optronics, Inc., Annual General Meeting, Jun 16, 2021 Silicon Optronics, Inc., Annual General Meeting, Jun 16, 2021. Location: 1F Briefing Room, No. 12, Li-Hsin Road 1, Hsinchu Science Park Hsinchu Taiwan Agenda: To report the business of 2020; to report 2020 employees' profit sharing bonus and directors' compensation; to revise the Codes of Ethical Conduct; to consider 2020 Business Report and Financial Statements; to revise the Procedures for Election of Directors; and to consider other matters thereon. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS NT$3.65 (vs NT$2.01 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.33b (up 45% from FY 2019). Net income: NT$281.4m (up 80% from FY 2019). Profit margin: 8.5% (up from 6.8% 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 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 11
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the Electronic industry in Taiwan. Is New 90 Day High Low • Mar 09
New 90-day low: NT$109 The company is down 26% from its price of NT$147 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to NT$139, the stock is trading at a trailing P/E ratio of 52.1x, up from the previous P/E ratio of 44.9x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 31%. Is New 90 Day High Low • Dec 08
New 90-day high: NT$142 The company is up 63% from its price of NT$86.60 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 23% share price gain to NT$112, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 33.9x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 38%. Is New 90 Day High Low • Nov 16
New 90-day high: NT$92.00 The company is up 7.0% from its price of NT$86.20 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS NT$1.20 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$928.5m (up 40% from 3Q 2019). Net income: NT$92.7m (up 65% from 3Q 2019). Profit margin: 10.0% (up from 8.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.