Reported Earnings • Mar 09
Full year 2025 earnings released: NT$1.68 loss per share (vs NT$0.97 profit in FY 2024) Full year 2025 results: NT$1.68 loss per share (down from NT$0.97 profit in FY 2024). Revenue: NT$1.95b (flat on FY 2024). Net loss: NT$123.4m (down 273% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 06
Sinher Technology Inc., Annual General Meeting, Jun 23, 2026 Sinher Technology Inc., Annual General Meeting, Jun 23, 2026. Location: 4 floor no,128, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan Reported Earnings • Nov 09
Third quarter 2025 earnings released: NT$0.19 loss per share (vs NT$0.15 loss in 3Q 2024) Third quarter 2025 results: NT$0.19 loss per share (further deteriorated from NT$0.15 loss in 3Q 2024). Revenue: NT$484.6m (down 4.0% from 3Q 2024). Net loss: NT$13.9m (loss widened 23% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2025 earnings released: NT$1.01 loss per share (vs NT$0.45 profit in 2Q 2024) Second quarter 2025 results: NT$1.01 loss per share (down from NT$0.45 profit in 2Q 2024). Revenue: NT$542.5m (up 2.1% from 2Q 2024). Net loss: NT$74.4m (down 325% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Declared Dividend • Jun 27
Dividend of NT$1.00 announced Dividend of NT$1.00 is the same as last year. Ex-date: 10th July 2025 Payment date: 7th August 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (177% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 97% to bring the payout ratio under control. However, EPS has declined by 29% over the last 5 years so the company would need to reverse this trend. Aankondiging • Jun 25
Sinher Technology Inc. Appoints Jing-Shun Ke as Independent Director, Effective June 24, 2025 Sinher Technology Inc. announced the appointment of Jing-Shun Ke as Independent director. Resume of the new position holder: Jing-Shun Ke: Director and President of the Taigene Metal Industry.Co.,Ltd. Reason for the change: By-election to fill a vacancy. Original term from June 25, 2024 to June 24, 2027. Effective date of the new appointment is on June 24, 2025. Reported Earnings • May 11
First quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.25 profit in 1Q 2024) First quarter 2025 results: NT$0.15 loss per share (down from NT$0.25 profit in 1Q 2024). Revenue: NT$413.4m (flat on 1Q 2024). Net loss: NT$11.2m (down 160% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Aankondiging • May 01
Sinher Technology Inc. to Report Q1, 2025 Results on May 08, 2025 Sinher Technology Inc. announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$25.05, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 25% over the past three years. Aankondiging • Feb 27
Sinher Technology Inc. to Report Fiscal Year 2024 Results on Mar 06, 2025 Sinher Technology Inc. announced that they will report fiscal year 2024 results on Mar 06, 2025 Aankondiging • Jan 10
Sinher Technology Inc. Announces Death of Shian-Cheng Liou, Independent Director Sinher Technology Inc. announced death of Shian-Cheng Liou, independent director, member of the audit committee and remuneration committee of the company. Resume; Senior Manager of Foxconn Technology Co. Ltd. New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.44b market cap, or US$75.2m). Reported Earnings • Nov 09
Third quarter 2024 earnings released: NT$0.15 loss per share (vs NT$0.15 profit in 3Q 2023) Third quarter 2024 results: NT$0.15 loss per share (down from NT$0.15 profit in 3Q 2023). Revenue: NT$504.7m (up 9.8% from 3Q 2023). Net loss: NT$11.3m (down 201% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 30
Sinher Technology Inc. to Report Q3, 2024 Results on Nov 07, 2024 Sinher Technology Inc. announced that they will report Q3, 2024 results on Nov 07, 2024 New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 4.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 216% Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (NT$2.47b market cap, or US$76.1m). Aankondiging • Aug 01
Sinher Technology Inc. to Report Q2, 2024 Results on Aug 08, 2024 Sinher Technology Inc. announced that they will report Q2, 2024 results on Aug 08, 2024 Declared Dividend • Jun 27
Dividend reduced to NT$1.00 Dividend of NT$1.00 is 43% lower than last year. Ex-date: 12th July 2024 Payment date: 8th August 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (411% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1.1% to bring the payout ratio under control. However, EPS has declined by 29% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.79 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.25 (up from NT$0.79 loss in 1Q 2023). Revenue: NT$415.9m (flat on 1Q 2023). Net income: NT$18.6m (up NT$77.1m from 1Q 2023). Profit margin: 4.5% (up from net loss in 1Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 62% 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 • May 02
Sinher Technology Inc. to Report Q1, 2024 Results on May 09, 2024 Sinher Technology Inc. announced that they will report Q1, 2024 results on May 09, 2024 Aankondiging • Mar 08
Sinher Technology Inc., Annual General Meeting, Jun 25, 2024 Sinher Technology Inc., Annual General Meeting, Jun 25, 2024. Location: Fuji Grand Hotel, No. 128, Sec. 1, Datong Rd Xizhi Dist New Tapei City Taiwan Agenda: To report the business of 2023; to consider audit committee's review report of 2023; to report 2023 employees' profit sharing and directors' compensation; to consider 2023 earnings distribution of cash dividends report; to report amendments to the regulations governing procedure for board of directors meetings; to accept 2023 business report and financial statements; to consider election directors; and to consider other issues. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: NT$0.05 (vs NT$2.77 in FY 2022) Full year 2023 results: EPS: NT$0.05 (down from NT$2.77 in FY 2022). Revenue: NT$1.91b (down 15% from FY 2022). Net income: NT$3.81m (down 98% from FY 2022). Profit margin: 0.2% (down from 9.1% in FY 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 61% 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. Aankondiging • Mar 08
Sinher Technology Inc. Announces Cash Dividend for the Year Ended December 31, 2023 Sinher Technology Inc. announced cash dividend of TWD 1 per share for the year ended December 31, 2023. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: NT$0.15 (vs NT$1.24 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.15 (down from NT$1.24 in 3Q 2022). Revenue: NT$459.8m (down 17% from 3Q 2022). Net income: NT$11.3m (down 88% from 3Q 2022). Profit margin: 2.4% (down from 17% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% 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. New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.2% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (151% payout ratio). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (NT$2.59b market cap, or US$81.3m). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: NT$1.08 (vs NT$1.18 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.08 (down from NT$1.18 in 2Q 2022). Revenue: NT$567.1m (down 5.8% from 2Q 2022). Net income: NT$79.9m (down 9.0% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). 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 10% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 07
Upcoming dividend of NT$1.75 per share at 4.7% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 11 August 2023. 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 (5.4%). Higher than average of industry peers (4.2%). Reported Earnings • May 12
First quarter 2023 earnings released: NT$0.79 loss per share (vs NT$0.72 profit in 1Q 2022) First quarter 2023 results: NT$0.79 loss per share (down from NT$0.72 profit in 1Q 2022). Revenue: NT$412.1m (down 28% from 1Q 2022). Net loss: NT$58.5m (down 209% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: NT$2.77 (vs NT$2.45 in FY 2021) Full year 2022 results: EPS: NT$2.77 (up from NT$2.45 in FY 2021). Revenue: NT$2.26b (down 26% from FY 2021). Net income: NT$205.5m (up 13% from FY 2021). Profit margin: 9.1% (up from 6.0% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Zhi-Feng Lin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 08
Third quarter 2022 earnings released: EPS: NT$1.24 (vs NT$0.41 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.24 (up from NT$0.41 in 3Q 2021). Revenue: NT$555.7m (down 21% from 3Q 2021). Net income: NT$91.9m (up 204% from 3Q 2021). Profit margin: 17% (up from 4.3% in 3Q 2021). 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 whereas the company’s share price has fallen by 6% per year. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: NT$1.18 (vs NT$0.29 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.18 (up from NT$0.29 in 2Q 2021). Revenue: NT$602.3m (down 24% from 2Q 2021). Net income: NT$87.8m (up 312% from 2Q 2021). Profit margin: 15% (up from 2.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Jul 01
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 08 July 2022. Payment date: 05 August 2022. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.7%). Reported Earnings • May 08
First quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.71 in 1Q 2021) First quarter 2022 results: EPS: NT$0.72 (up from NT$0.71 in 1Q 2021). Revenue: NT$571.2m (down 23% from 1Q 2021). Net income: NT$53.5m (up 1.4% from 1Q 2021). Profit margin: 9.4% (up from 7.2% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 9 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Tung Lin was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$2.44 (down from NT$5.66 in FY 2020). Revenue: NT$3.05b (up 3.6% from FY 2020). Net income: NT$181.9m (down 57% from FY 2020). Profit margin: 6.0% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.41 (vs NT$1.16 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$699.8m (down 7.0% from 3Q 2020). Net income: NT$30.2m (down 65% from 3Q 2020). Profit margin: 4.3% (down from 12% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS NT$0.29 (vs NT$1.91 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$793.9m (flat on 2Q 2020). Net income: NT$21.3m (down 85% from 2Q 2020). Profit margin: 2.7% (down from 18% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% 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. Upcoming Dividend • Jun 24
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 01 July 2021. Payment date: 30 July 2021. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%). Reported Earnings • May 06
First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.50 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$737.1m (up 89% from 1Q 2020). Net income: NT$52.8m (up 42% from 1Q 2020). Profit margin: 7.2% (down from 9.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 02
New 90-day high: NT$55.20 The company is up 15% from its price of NT$47.85 on 02 December 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 19% over the same period. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS NT$5.66 (vs NT$2.78 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.94b (up 31% from FY 2019). Net income: NT$420.9m (up 103% from FY 2019). Profit margin: 14% (up from 9.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 27
New 90-day high: NT$51.90 The company is up 13% from its price of NT$45.95 on 29 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: NT$51.60 The company is up 13% from its price of NT$45.75 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS NT$1.16 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$752.4m (up 45% from 3Q 2019). Net income: NT$86.5m (up 45% from 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.