Reported Earnings • May 13
First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.33 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.17 (up from NT$0.33 loss in 1Q 2025). Revenue: NT$548.0m (up 1.0% from 1Q 2025). Net income: NT$17.5m (up NT$47.1m from 1Q 2025). Profit margin: 3.2% (up from net loss in 1Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: NT$0.35 loss per share (vs NT$0.43 profit in FY 2024) Full year 2025 results: NT$0.35 loss per share (down from NT$0.43 profit in FY 2024). Revenue: NT$2.30b (down 11% from FY 2024). Net loss: NT$34.1m (down 197% from profit in FY 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 12% per year, which means it is significantly lagging earnings. Announcement • Feb 09
China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 22, 2026 China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 22, 2026. Location: no,40, hsing kung rd., shengang township, changhua county Taiwan Reported Earnings • Nov 12
Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.013 profit in 3Q 2024) Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.013 profit in 3Q 2024). Revenue: NT$562.6m (down 15% from 3Q 2024). Net loss: NT$4.21m (down 499% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% 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. Upcoming Dividend • Oct 02
Upcoming dividend of NT$0.30 per share Eligible shareholders must have bought the stock before 09 October 2025. Payment date: 04 November 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.9%). Reported Earnings • Aug 14
Second quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.077 profit in 2Q 2024) Second quarter 2025 results: NT$0.10 loss per share (down from NT$0.077 profit in 2Q 2024). Revenue: NT$558.5m (down 7.0% from 2Q 2024). Net loss: NT$11.1m (down 277% from profit in 2Q 2024). 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 9% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jun 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to NT$28.00. The fair value is estimated to be NT$35.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • May 29
China Fineblanking Technology Co.,Ltd. Approves the Election of Directors China Fineblanking Technology Co.,Ltd. approved the election of OFCO INDUSTRIAL CORPORATION representative: LIN,HUI-ZHENG; HUANG,CHUNG-YI; HUANG,PEI-YING; JHENG,TING-YUN; Newly-appointed independent directors: WONG,NAI-SIN; JHENG,LI-WEI; LEE,YIN-CHIANG; WU,JI-YU, at the AGM held on May 28, 2025. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.33 (vs NT$0.33 in 1Q 2024) First quarter 2025 results: EPS: NT$0.33 (down from NT$0.33 in 1Q 2024). Revenue: NT$542.3m (down 17% from 1Q 2024). Net loss: NT$29.7m (down 209% from profit in 1Q 2024). 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 9% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • May 05
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at NT$28.00. The fair value is estimated to be NT$35.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • May 01
China Fineblanking Technology Co.,Ltd. to Report Q1, 2025 Results on May 08, 2025 China Fineblanking Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 08, 2025 New Risk • Apr 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (NT$2.70b market cap, or US$82.9m). Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$0.43 (vs NT$0.67 loss in FY 2023) Full year 2024 results: EPS: NT$0.43 (up from NT$0.67 loss in FY 2023). Revenue: NT$2.57b (up 11% from FY 2023). Net income: NT$35.3m (up NT$89.6m from FY 2023). Profit margin: 1.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. 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 9% per year, which means it has not declined as severely as earnings. Announcement • Mar 05
China Fineblanking Technology Co.,Ltd. to Report Q4, 2024 Results on Mar 12, 2025 China Fineblanking Technology Co.,Ltd. announced that they will report Q4, 2024 results on Mar 12, 2025 Announcement • Feb 13
China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 28, 2025 China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 28, 2025, at 10:00 Taipei Standard Time. Location: no,40, hsing kung rd., shengang township, changhua county Taiwan Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.01 (vs NT$0.13 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.01 (up from NT$0.13 loss in 3Q 2023). Revenue: NT$665.1m (up 13% from 3Q 2023). Net income: NT$1.06m (up NT$11.4m from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 04
Upcoming dividend of NT$0.10 per share Eligible shareholders must have bought the stock before 11 November 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (3.4%). Announcement • Nov 02
China Fineblanking Technology Co.,Ltd. to Report Q3, 2024 Results on Nov 11, 2024 China Fineblanking Technology Co.,Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.10 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.08 (up from NT$0.10 loss in 2Q 2023). Revenue: NT$600.8m (up 10% from 2Q 2023). Net income: NT$6.26m (up NT$14.7m from 2Q 2023). Profit margin: 1.0% (up from net loss in 2Q 2023). The move to profitability 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 72 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$28.70, the stock trades at a trailing P/E ratio of 80x. Average trailing P/E is 17x in the Auto Components industry in Taiwan. Total loss to shareholders of 25% over the past three years. Announcement • Aug 03
China Fineblanking Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 10, 2024 China Fineblanking Technology Co.,Ltd. announced that they will report Q2, 2024 results at 12:00 PM, Taipei Standard Time on Aug 10, 2024 New Risk • Jun 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 156% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.56b market cap, or US$79.1m). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.69 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.33 (up from NT$0.69 loss in 1Q 2023). Revenue: NT$651.0m (up 35% from 1Q 2023). Net income: NT$27.2m (up NT$83.5m from 1Q 2023). Profit margin: 4.2% (up from net loss in 1Q 2023). The move to profitability 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 79 percentage points per year, which is a significant difference in performance. New Risk • Apr 03
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 25% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.60b market cap, or US$81.3m). Reported Earnings • Mar 31
Full year 2023 earnings released: NT$0.67 loss per share (vs NT$0.52 profit in FY 2022) Full year 2023 results: NT$0.67 loss per share (down from NT$0.52 profit in FY 2022). Revenue: NT$2.31b (down 9.0% from FY 2022). Net loss: NT$54.3m (down 226% 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 81 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 30, 2024 China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 30, 2024. Location: No. 40, Xinggong Rd., Shengang Township, Changhua County Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 final accounting ledgers and statements; to consider report on 2023 employees' and directors' remuneration; to consider Report on the reasons and related matters for the raising and issuance of the domestic secured convertible corporate bonds for the 4th time and domestic unsecured convertible corporate bonds for the 5th time; to consider update on the subsidiary CFTC PRECISION SDN BHD's plan, schedule and progress for liquidation; and to consider other matters. Reported Earnings • Nov 15
Third quarter 2023 earnings released: NT$0.13 loss per share (vs NT$0.029 loss in 3Q 2022) Third quarter 2023 results: NT$0.13 loss per share (further deteriorated from NT$0.029 loss in 3Q 2022). Revenue: NT$587.4m (down 3.2% from 3Q 2022). Net loss: NT$10.4m (loss widened 330% from 3Q 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. Announcement • Nov 12
China Fineblanking Technology Co.,Ltd. Appoints Cai,Wei-Jhe as Accounting Officer China Fineblanking Technology Co.,Ltd. announced appointment of Cai,Wei-Jhe as Accounting Officer of the Company which was approved by the resolution of the Audit Committee and the Board of Directors on November 10, 2023. Effective date is November 10, 2023. Upcoming Dividend • Sep 25
Upcoming dividend of NT$0.20 per share at 0.6% yield Eligible shareholders must have bought the stock before 02 October 2023. Payment date: 06 November 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.0%). Announcement • Sep 16
China Fineblanking Technology Co.,Ltd. Announces Cash Dividends, Payable on November 06, 2023 China Fineblanking Technology Co.,Ltd. announced cash dividends of TWD 0.2 per share and totally TWD 16,168,963. The dividend will be payable on November 06, 2023 with Ex-rights (Ex-dividend) date of October 02, 2023 and Ex-rights (Ex-dividend) record date Of October 10, 2023. New Risk • Aug 11
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.54b market cap, or US$79.8m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: NT$0.10 loss per share (vs NT$0.42 profit in 2Q 2022) Second quarter 2023 results: NT$0.10 loss per share (down from NT$0.42 profit in 2Q 2022). Revenue: NT$545.3m (down 12% from 2Q 2022). Net loss: NT$8.48m (down 124% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% 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. Announcement • Jul 14
China Fineblanking Technology Co.,Ltd. Appoints Cheng, Feng-Tsung as Remuneration Committee Member China Fineblanking Technology Co.,Ltd. announced change of remuneration committee member. Name of the new position holder: Independent director CHENG,FENG-TSUNG. Resume of the new position holder: Research Professor of Feng Chia University. Effective date of the new member: July 12, 2023. Announcement • May 09
China Fineblanking Technology Co.,Ltd. announced that it expects to receive TWD 500 million in funding China Fineblanking Technology Co.,Ltd. announced a private placement of series 4 secured convertible corporate bonds for the gross proceeds of TWD 200,000,000 and series 5 unsecured convertible corporate bonds for the gross proceeds of TWD 300,000,000; aggregate gross proceeds of TWD 500,000,000 on May 8, 2023. The bonds carry 0% coupon rate and have issuance period of 3 years. The transaction has been approved by the board of directors of the company. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: NT$0.53 (vs NT$1.29 in FY 2021) Full year 2022 results: EPS: NT$0.53 (down from NT$1.29 in FY 2021). Revenue: NT$2.54b (down 3.8% from FY 2021). Net income: NT$43.1m (down 60% from FY 2021). Profit margin: 1.7% (down from 4.1% 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 2% per year and the company’s share price has also increased by 2% per year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: NT$0.03 loss per share (vs NT$0.34 profit in 3Q 2021) Third quarter 2022 results: NT$0.03 loss per share (down from NT$0.34 profit in 3Q 2021). Revenue: NT$606.7m (down 8.8% from 3Q 2021). Net loss: NT$2.42m (down 109% from profit in 3Q 2021). 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 3% per year, which means it is significantly lagging earnings growth. 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 Fu-Bang Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: NT$0.03 loss per share (vs NT$0.34 profit in 3Q 2021) Third quarter 2022 results: NT$0.03 loss per share (down from NT$0.34 profit in 3Q 2021). Revenue: NT$606.7m (down 8.8% from 3Q 2021). Net loss: NT$2.42m (down 109% from profit in 3Q 2021). 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 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 12
China Fineblanking Technology Co.,Ltd. announced that it expects to receive TWD 0.29666 million in funding China Fineblanking Technology Co.,Ltd. announced that it will issue 29,666 shares at a price of NTD 10 for total gross proceeds of NTD 2,96,660 on November 10, 2022. The transaction is approved by the board of directors. Upcoming Dividend • Aug 25
Upcoming dividend of NT$0.66 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: NT$0.42 (vs NT$0.36 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.42 (up from NT$0.36 in 2Q 2021). Revenue: NT$621.5m (down 5.2% from 2Q 2021). Net income: NT$35.0m (up 18% from 2Q 2021). Profit margin: 5.6% (up from 4.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Aug 06
China Fineblanking Technology Co.,Ltd. Announces Resignation of Wang,Yuan-Hung as Member of the Remuneration Committee China Fineblanking Technology Co.,Ltd. announced the resignation of WANG,YUAN-HUNG: Managing attorney of Yonghua Commercial Law Firm as member of theRemuneration Committee of the Company. Effective date is August 5, 2022. Announcement • May 31
China Fineblanking Technology Co.,Ltd. Announces Resignation of Wang, Yuan-Hung as Independent Director and Member of Audit Committee China Fineblanking Technology Co.,Ltd. announced resignation of WANG, YUAN-HUNG as independent director and member of audit committee. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$0.32 (vs NT$0.47 in 1Q 2021) First quarter 2022 results: EPS: NT$0.32 (down from NT$0.47 in 1Q 2021). Revenue: NT$724.0m (up 16% from 1Q 2021). Net income: NT$26.4m (down 33% from 1Q 2021). Profit margin: 3.6% (down from 6.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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 Fu-Pang Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: NT$1.29 (vs NT$1.66 in FY 2020) Full year 2021 results: EPS: NT$1.29 (down from NT$1.66 in FY 2020). Revenue: NT$2.64b (up 15% from FY 2020). Net income: NT$107.7m (down 22% from FY 2020). Profit margin: 4.1% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 24
China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 27, 2022 China Fineblanking Technology Co.,Ltd., Annual General Meeting, May 27, 2022. Location: No. 40, Xinggong Rd., Shengang Township, Changhua Country Taiwan Agenda: To consider Audit Committee's review of the 2021 final accounting ledgers and statements; to consider report on 2021 employees' and directors' remuneration; to consider report on the implementation of the repurchase of treasury shares; to consider report on establishment of Ethical Corporate Management Best Practice Principles for the company; to consider update on the subsidiary CFTC PRECISION SDN BHD's plan, schedule and progress for liquidation; to consider discussion of amendments to the company's Regulations on Acquisition or Disposal of Assets; and to transact other business. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.34 (vs NT$0.47 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$665.2m (up 6.1% from 3Q 2020). Net income: NT$27.5m (down 29% from 3Q 2020). Profit margin: 4.1% (down from 6.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of NT$0.80 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 November 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.6%). Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$0.36 (vs NT$0.55 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$655.4m (up 17% from 2Q 2020). Net income: NT$29.7m (down 32% from 2Q 2020). Profit margin: 4.5% (down from 7.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% 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 • May 14
First quarter 2021 earnings released: EPS NT$0.48 (vs NT$0.16 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$626.5m (up 50% from 1Q 2020). Net income: NT$39.3m (up 203% from 1Q 2020). Profit margin: 6.3% (up from 3.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
China Fineblanking Technology Co.,Ltd. Provides Earnings Guidance for the Full Year 2021 China Fineblanking Technology Co.,Ltd. provided earnings guidance for the full year 2021. For the year, it is estimated that the Group's revenue will grow by 20%, and the revenue will double from TWD 2.2 billion last year to TWD 5 billion within five years. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS NT$1.69 (vs NT$0.25 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.30b (up 9.7% from FY 2019). Net income: NT$137.6m (up NT$117.6m from FY 2019). Profit margin: 6.0% (up from 1.0% 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 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 26
China Fineblanking Technology Co.,Ltd. Announces Resignation of Hsieh,Chieh-Min as Chief Technology Officer China Fineblanking Technology Co.,Ltd. announced resignation of Hsieh,Chieh-Min as chief technology officer, effective February 25, 2021. Announcement • Feb 18
China Fineblanking Technology Co.,Ltd. Announces Resignation of Wu,Chia-Chuan as Institutional Director China Fineblanking Technology Co.,Ltd. announced resignation of Wu,Chia-Chuan as institutional director due to busy at work. The effective date was February 17, 2021. After the resignation of the institutional director, the representative shall be dismissed naturally. Is New 90 Day High Low • Jan 14
New 90-day high: NT$51.00 The company is up 22% from its price of NT$41.75 on 16 October 2020. The Taiwanese market is also up 22% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: NT$43.25 The company is up 6.0% from its price of NT$40.85 on 25 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period. Reported Earnings • Nov 10
Third quarter 2020 earnings released: EPS NT$0.48 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$627.2m (up 25% from 3Q 2019). Net income: NT$38.7m (up NT$37.3m from 3Q 2019). Profit margin: 6.2% (up from 0.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. 
