Upcoming Dividend • Jul 22
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 29 July 2026. Payment date: 21 August 2026. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.6%). Declared Dividend • Jul 06
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 29th July 2026 Payment date: 21st August 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (251% cash payout ratio). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.3% to bring the payout ratio under control. However, EPS has declined by 7.6% over the last 5 years so the company would need to reverse this trend. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$125, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 61% over the past three years. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: NT$0.74 (vs NT$1.01 in 1Q 2025) First quarter 2026 results: EPS: NT$0.74 (down from NT$1.01 in 1Q 2025). Revenue: NT$266.1m (down 9.4% from 1Q 2025). Net income: NT$42.4m (down 27% from 1Q 2025). Profit margin: 16% (down from 20% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$107, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 44% over the past three years. Reported Earnings • Mar 28
Full year 2025 earnings released: EPS: NT$3.32 (vs NT$4.63 in FY 2024) Full year 2025 results: EPS: NT$3.32 (down from NT$4.63 in FY 2024). Revenue: NT$1.24b (down 3.5% from FY 2024). Net income: NT$189.1m (down 28% from FY 2024). Profit margin: 15% (down from 21% in FY 2024). The decrease in margin was primarily driven by lower 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 4% per year, which means it is well ahead of earnings. Board Change • Mar 13
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. 4 non-independent directors. Independent Director Yung-Yun Cheng was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 12
FineTek Co., Ltd., Annual General Meeting, Jun 08, 2026 FineTek Co., Ltd., Annual General Meeting, Jun 08, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,4, san min rd., tucheng district, new taipei city Taiwan New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings have declined by 1.1% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 151% Earnings have declined by 1.1% per year over the past 5 years. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.90 (vs NT$0.90 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.90 (up from NT$0.90 in 3Q 2024). Revenue: NT$323.8m (up 7.3% from 3Q 2024). Net income: NT$51.4m (flat on 3Q 2024). Profit margin: 16% (down from 17% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$135, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 28x in the Electrical industry in Taiwan. Total returns to shareholders of 89% over the past three years. New Risk • Aug 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 97% Dividend yield: 3.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 97% Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$0.52 (vs NT$1.30 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.52 (down from NT$1.30 in 2Q 2024). Revenue: NT$336.3m (down 3.1% from 2Q 2024). Net income: NT$29.2m (down 60% from 2Q 2024). Profit margin: 8.7% (down from 21% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 22
Upcoming dividend of NT$4.10 per share Eligible shareholders must have bought the stock before 29 July 2025. Payment date: 21 August 2025. Payout ratio and cash payout ratio are on the higher end at 89% and 80% respectively. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%). Declared Dividend • Jul 05
Dividend of NT$4.10 announced Shareholders will receive a dividend of NT$4.10. Ex-date: 29th July 2025 Payment date: 21st August 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (80% cash payout ratio). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.3% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. New Risk • Jun 18
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 9.0% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$138, the stock trades at a trailing P/E ratio of 30x. Average forward P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 122% over the past three years. Announcement • Jun 14
FineTek Co., Ltd. Approves Board Changes FineTek Co., Ltd. announced at 2025 regular shareholders meeting held on June 13, 2025, the shareholders elected TSAI,LI-JU and CHENG,YUNG-YUN as independent directors of the company. The company also announced resignation of WU,CHING-TEH as Director and CHIEN,CHUN-CHU as Independent Director of the company. WU,CHING-TEH is chairperson of the company. CHIEN,CHUN-CHU is Co-founder of K PLUS CAPITAL INC. Reported Earnings • May 17
First quarter 2025 earnings released: EPS: NT$1.03 (vs NT$1.15 in 1Q 2024) First quarter 2025 results: EPS: NT$1.03 (down from NT$1.15 in 1Q 2024). Revenue: NT$293.8m (down 4.2% from 1Q 2024). Net income: NT$57.7m (down 11% from 1Q 2024). Profit margin: 20% (down from 21% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electrical industry in Taiwan. 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 22% per year, which means it is well ahead of earnings. Announcement • May 07
FineTek Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 FineTek Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$129, the stock trades at a trailing P/E ratio of 27.3x. Average forward P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$113, the stock trades at a trailing P/E ratio of 23.8x. Average forward P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 69% over the past three years. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: NT$4.72 (vs NT$4.79 in FY 2023) Full year 2024 results: EPS: NT$4.72 (down from NT$4.79 in FY 2023). Revenue: NT$1.28b (down 6.4% from FY 2023). Net income: NT$263.7m (down 1.5% from FY 2023). Profit margin: 21% (in line with FY 2023). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Mar 12
FineTek Co., Ltd., Annual General Meeting, Jun 13, 2025 FineTek Co., Ltd., Annual General Meeting, Jun 13, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,4, san min rd., tucheng district, new taipei city Taiwan Announcement • Mar 01
FineTek Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025 FineTek Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025 Announcement • Feb 15
Finetek Co., Ltd. Announces Promotion of Wang,Hsiao-Chun as Accounting Officer and Research and Development Officer Finetek Co., Ltd. announced promotion of Wang,Hsiao-Chun as accounting officer and research and development officer. Name, title, and resume of the new position holder: WANG,HSIAO-CHUN/The Manager of the financial department/previous position- The Assistant Manager of the financial department of Finetek Co., Ltd. LIAO,CHI-FAN/The Senior Manager of the R&D department/previous position- The Director of the R&D department of Finetek Co., Ltd. Reason for the change is Promotion. Effective date is February 14, 2025. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to NT$212, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 237% over the past three years. Buy Or Sell Opportunity • Dec 04
Now 25% overvalued Over the last 90 days, the stock has fallen 7.8% to NT$160. The fair value is estimated to be NT$128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.6%. Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.92 (vs NT$1.56 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.92 (down from NT$1.56 in 3Q 2023). Revenue: NT$301.9m (down 15% from 3Q 2023). Net income: NT$51.2m (down 41% from 3Q 2023). Profit margin: 17% (down from 25% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$138, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 114% over the past three years. Announcement • Oct 25
FineTek Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024 FineTek Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024 Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$172, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 186% over the past three years. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.33 (vs NT$1.22 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.33 (up from NT$1.22 in 2Q 2023). Revenue: NT$347.0m (up 3.8% from 2Q 2023). Net income: NT$72.8m (up 7.0% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$148, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 151% over the past three years. Announcement • Jul 27
FineTek Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024 FineTek Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024 Declared Dividend • Jul 05
Dividend of NT$4.00 announced Shareholders will receive a dividend of NT$4.00. Ex-date: 18th July 2024 Payment date: 15th August 2024 Dividend yield will be 3.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$158, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 32x in the Electrical industry in Taiwan. Total returns to shareholders of 160% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to NT$197, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 246% over the past three years. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$1.18 (vs NT$0.96 in 1Q 2023) First quarter 2024 results: EPS: NT$1.18 (up from NT$0.96 in 1Q 2023). Revenue: NT$306.7m (down 8.3% from 1Q 2023). Net income: NT$64.5m (up 22% from 1Q 2023). Profit margin: 21% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$112, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 99% over the past three years. Announcement • Apr 28
FineTek Co., Ltd. to Report Q1, 2024 Results on May 03, 2024 FineTek Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024 Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: NT$4.89 (vs NT$5.94 in FY 2022) Full year 2023 results: EPS: NT$4.89 (down from NT$5.94 in FY 2022). Revenue: NT$1.37b (down 4.6% from FY 2022). Net income: NT$267.8m (down 17% from FY 2022). Profit margin: 20% (down from 23% in FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year. Announcement • Mar 12
FineTek Co., Ltd., Annual General Meeting, May 27, 2024 FineTek Co., Ltd., Annual General Meeting, May 27, 2024. Location: No. 4, Sanmin Rd., Tucheng Dist.,New Taipei City,Taiwan (R.O.C.) 3F.,Tucheng Industrial Park Service Center New Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committees Review Report; to consider 2023 Distributable Compensation for Employees and Directors; to consider Discussion of the Issuance of new common shares from 2023 earnings; and to transact such other business matters. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: NT$1.59 (vs NT$1.76 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.59 (down from NT$1.76 in 3Q 2022). Revenue: NT$353.5m (down 22% from 3Q 2022). Net income: NT$87.0m (down 9.7% from 3Q 2022). Profit margin: 25% (up from 21% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: NT$1.38 (vs NT$2.03 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.38 (down from NT$2.03 in 2Q 2022). Revenue: NT$334.2m (down 1.0% from 2Q 2022). Net income: NT$68.0m (down 32% from 2Q 2022). Profit margin: 20% (down from 30% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Upcoming Dividend • Jun 29
Upcoming dividend of NT$4.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$117, the stock trades at a trailing P/E ratio of 17.7x. Average forward P/E is 20x in the Electrical industry in Taiwan. Total returns to shareholders of 125% over the past three years. Announcement • Jun 16
Finetek Co., Ltd. Announces Cash Dividend, Payment Date Is 4 August 2023 FineTek Co., Ltd. announced Cash dividends: TWD 197,437,736 (TWD 4 per share). (Ex-dividend) date: 6 July 2023, Payment date is 4 August 2023, record date is 12 July 2023. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.96 (vs NT$1.85 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.96 (up from NT$1.85 in 3Q 2021). Revenue: NT$452.6m (up 32% from 3Q 2021). Net income: NT$96.4m (up 6.4% from 3Q 2021). Profit margin: 21% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% 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 • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.96 (vs NT$1.85 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.96 (up from NT$1.85 in 3Q 2021). Revenue: NT$452.6m (up 32% from 3Q 2021). Net income: NT$96.4m (up 6.4% from 3Q 2021). Profit margin: 21% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$2.26 (vs NT$1.68 in 2Q 2021) Second quarter 2022 results: EPS: NT$2.26 (up from NT$1.68 in 2Q 2021). Revenue: NT$337.6m (up 9.2% from 2Q 2021). Net income: NT$100.2m (up 36% from 2Q 2021). Profit margin: 30% (up from 24% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 21
Upcoming dividend of NT$4.10 per share Eligible shareholders must have bought the stock before 28 June 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 63% and the cash payout ratio is 96%. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.8%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$1.38 (vs NT$1.12 in 1Q 2021) First quarter 2022 results: EPS: NT$1.38 (up from NT$1.12 in 1Q 2021). Revenue: NT$294.7m (up 14% from 1Q 2021). Net income: NT$61.4m (up 24% from 1Q 2021). Profit margin: 21% (up from 19% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: NT$6.27 (vs NT$5.23 in FY 2020) Full year 2021 results: EPS: NT$6.27 (up from NT$5.23 in FY 2020). Revenue: NT$1.27b (up 26% from FY 2020). Net income: NT$276.0m (up 20% from FY 2020). Profit margin: 22% (down from 23% 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 9% per year whereas the company’s share price has increased by 7% per year. Announcement • Mar 23
FineTek Co., Ltd., Annual General Meeting, Jun 10, 2022 FineTek Co., Ltd., Annual General Meeting, Jun 10, 2022. Upcoming Dividend • Aug 20
Upcoming dividend of NT$3.99 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 30 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.4%). Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$1.76 (vs NT$1.55 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$309.2m (up 25% from 2Q 2020). Net income: NT$73.6m (up 14% from 2Q 2020). Profit margin: 24% (down from 26% 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 5% per year and the company’s share price has also increased by 5% per year. Reported Earnings • May 14
First quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.58 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$258.3m (up 23% from 1Q 2020). Net income: NT$49.4m (up 104% from 1Q 2020). Profit margin: 19% (up from 12% 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 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 23
Full year 2020 earnings released: EPS NT$5.49 (vs NT$5.11 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$1.01b (down 9.3% from FY 2019). Net income: NT$229.9m (up 7.4% from FY 2019). Profit margin: 23% (up from 19% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Announcement • Mar 17
FineTek Co., Ltd., Annual General Meeting, Jun 07, 2021 FineTek Co., Ltd., Annual General Meeting, Jun 07, 2021. Is New 90 Day High Low • Feb 18
New 90-day high: NT$80.50 The company is up 6.0% from its price of NT$75.80 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: NT$76.50 The company is up 9.0% from its price of NT$70.00 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$1.89 The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$280.0m (flat on 3Q 2019). Net income: NT$79.0m (up 42% from 3Q 2019). Profit margin: 28% (up from 20% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.