Reported Earnings • May 12
First quarter 2026 earnings released: NT$1.00 loss per share (vs NT$0.35 loss in 1Q 2025) First quarter 2026 results: NT$1.00 loss per share (further deteriorated from NT$0.35 loss in 1Q 2025). Revenue: NT$112.1m (down 34% from 1Q 2025). Net loss: NT$70.0m (loss widened 201% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: NT$1.13 loss per share (vs NT$2.46 loss in FY 2024) Full year 2025 results: NT$1.13 loss per share (improved from NT$2.46 loss in FY 2024). Revenue: NT$597.9m (down 37% from FY 2024). Net loss: NT$76.2m (loss narrowed 54% from FY 2024). 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 12
Compal Broadband Networks, Inc., Annual General Meeting, Jun 26, 2026 Compal Broadband Networks, Inc., Annual General Meeting, Jun 26, 2026. Location: 2 floor no,3, t`ai yuan 1st st., jhubei city, hsinchu county Taiwan Reported Earnings • Aug 11
Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.34 loss in 2Q 2024) Second quarter 2025 results: NT$0.44 loss per share (further deteriorated from NT$0.34 loss in 2Q 2024). Revenue: NT$144.6m (down 29% from 2Q 2024). Net loss: NT$29.6m (loss widened 30% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • May 29
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 8.9% 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 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (NT$1.45b market cap, or US$48.6m). Reported Earnings • May 13
First quarter 2025 earnings released: NT$0.35 loss per share (vs NT$0.61 loss in 1Q 2024) First quarter 2025 results: NT$0.35 loss per share (improved from NT$0.61 loss in 1Q 2024). Revenue: NT$169.7m (down 25% from 1Q 2024). Net loss: NT$23.3m (loss narrowed 43% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Aankondiging • May 01
Compal Broadband Networks, Inc. to Report Q1, 2025 Results on May 08, 2025 Compal Broadband Networks, Inc. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 14
Full year 2024 earnings released: NT$2.46 loss per share (vs NT$4.84 loss in FY 2023) Full year 2024 results: NT$2.46 loss per share (improved from NT$4.84 loss in FY 2023). Revenue: NT$941.9m (down 19% from FY 2023). Net loss: NT$165.9m (loss narrowed 49% 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 12
Compal Broadband Networks, Inc., Annual General Meeting, Jun 23, 2025 Compal Broadband Networks, Inc., Annual General Meeting, Jun 23, 2025. Location: 2 floor no,3, t`ai yuan 1st st., jhubei city, hsinchu county Taiwan New Risk • Nov 25
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 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$1.91b market cap, or US$58.7m). Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.50 loss per share (vs NT$0.91 loss in 3Q 2023) Third quarter 2024 results: NT$0.50 loss per share (improved from NT$0.91 loss in 3Q 2023). Revenue: NT$249.8m (down 25% from 3Q 2023). Net loss: NT$34.1m (loss narrowed 44% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
Second quarter 2024 earnings released: NT$0.34 loss per share (vs NT$1.21 loss in 2Q 2023) Second quarter 2024 results: NT$0.34 loss per share (improved from NT$1.21 loss in 2Q 2023). Revenue: NT$204.0m (down 7.5% from 2Q 2023). Net loss: NT$22.8m (loss narrowed 72% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 02
Compal Broadband Networks, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Compal Broadband Networks, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.61 loss per share (vs NT$0.93 loss in 1Q 2023) First quarter 2024 results: NT$0.61 loss per share (improved from NT$0.93 loss in 1Q 2023). Revenue: NT$225.5m (down 23% from 1Q 2023). Net loss: NT$40.8m (loss narrowed 35% from 1Q 2023). 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. Aankondiging • May 02
Compal Broadband Networks, Inc. to Report Q1, 2024 Results on May 09, 2024 Compal Broadband Networks, Inc. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 12
Full year 2023 earnings released: NT$4.84 loss per share (vs NT$0.94 loss in FY 2022) Full year 2023 results: NT$4.84 loss per share (further deteriorated from NT$0.94 loss in FY 2022). Revenue: NT$1.16b (down 54% from FY 2022). Net loss: NT$326.1m (loss widened 416% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 10
Compal Broadband Networks, Inc., Annual General Meeting, Jun 24, 2024 Compal Broadband Networks, Inc., Annual General Meeting, Jun 24, 2024. Location: 10F No.6, Taiyuan 1st St.,Zhubei City, Taiwan Zhubei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee's 2023 Review Report ; to 2023 remuneration of employees and directors Report; to The Company's 2023 business report and financial statements; to The Company's 2023 deficit compensation; to To elect the 6th Directors of the company; and to consider other matters if any. Reported Earnings • Aug 17
Second quarter 2023 earnings released: NT$1.21 loss per share (vs NT$0.14 loss in 2Q 2022) Second quarter 2023 results: NT$1.21 loss per share (further deteriorated from NT$0.14 loss in 2Q 2022). Revenue: NT$220.5m (down 67% from 2Q 2022). Net loss: NT$81.3m (loss widened NT$72.0m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 20
Upcoming dividend of NT$0.50 per share at 1.8% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 26 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (3.0%). Reported Earnings • Mar 23
Full year 2022 earnings released: NT$0.94 loss per share (vs NT$0.49 profit in FY 2021) Full year 2022 results: NT$0.94 loss per share (down from NT$0.49 profit in FY 2021). Revenue: NT$2.51b (down 14% from FY 2021). Net loss: NT$63.1m (down 293% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.23 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.17 (down from NT$0.23 in 3Q 2021). Revenue: NT$642.4m (down 12% from 3Q 2021). Net income: NT$11.3m (down 28% from 3Q 2021). Profit margin: 1.8% (down from 2.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$0.17 (vs NT$0.23 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.17 (down from NT$0.23 in 3Q 2021). Revenue: NT$642.4m (down 12% from 3Q 2021). Net income: NT$11.3m (down 28% from 3Q 2021). Profit margin: 1.8% (down from 2.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 16
First quarter 2022 earnings released First quarter 2022 results: Revenue: NT$750.3m (flat on 1Q 2021). Net income: NT$1.33m (up NT$4.82m from 1Q 2021). Profit margin: 0.2% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% 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. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.052 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.02 (up from NT$0.052 loss in 1Q 2021). Revenue: NT$750.3m (flat on 1Q 2021). Net income: NT$1.33m (up NT$4.82m from 1Q 2021). Profit margin: 0.2% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% 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 • Mar 23
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (3.4%). Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: NT$0.49 (down from NT$0.70 in FY 2020). Revenue: NT$2.91b (up 7.5% from FY 2020). Net income: NT$32.7m (down 30% from FY 2020). Profit margin: 1.1% (down from 1.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 37%. 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 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.39 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$727.8m (down 6.4% from 3Q 2020). Net income: NT$15.6m (down 41% from 3Q 2020). Profit margin: 2.1% (down from 3.4% in 3Q 2020). 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 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.26 (vs NT$0.058 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$733.8m (up 16% from 2Q 2020). Net income: NT$17.5m (up 352% from 2Q 2020). Profit margin: 2.4% (up from 0.6% in 2Q 2020). 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 66 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 19% share price decline to NT$29.05, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 23x in the Communications industry in Taiwan. Total loss to shareholders of 19% over the past three years. Reported Earnings • May 06
First quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.003 profit in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$757.3m (up 40% from 1Q 2020). Net loss: NT$3.49m (down NT$3.72m from profit in 1Q 2020). 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. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 20% share price gain to NT$40.40, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 24x in the Communications industry in Taiwan. Total returns to shareholders of 12% over the past three years. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS NT$0.70 (vs NT$0.16 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.70b (down 4.5% from FY 2019). Net income: NT$46.7m (up 344% from FY 2019). Profit margin: 1.7% (up from 0.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 78% 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 • Nov 12
Third quarter 2020 earnings released: EPS NT$0.39 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$777.6m (up 2.2% from 3Q 2019). Net income: NT$26.3m (up NT$25.9m from 3Q 2019). Profit margin: 3.4% (up from 0.1% in 3Q 2019). The increase in margin was primarily driven by higher revenue.