Reported Earnings • Aug 13
Second quarter 2026 earnings released: EPS: NT$0.13 (vs NT$0.92 loss in 2Q 2025) Second quarter 2026 results: EPS: NT$0.13 (up from NT$0.92 loss in 2Q 2025). Revenue: NT$483.7m (down 21% from 2Q 2025). Net income: NT$23.9m (up NT$192.4m from 2Q 2025). Profit margin: 4.9% (up from net loss in 2Q 2025). The move to profitability 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 6% per year. Reported Earnings • May 12
First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.28 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.17 (up from NT$0.28 loss in 1Q 2025). Revenue: NT$463.3m (up 24% from 1Q 2025). Net income: NT$30.7m (up NT$82.1m from 1Q 2025). Profit margin: 6.6% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: NT$0.99 loss per share (vs NT$1.19 loss in FY 2024) Full year 2025 results: NT$0.99 loss per share (improved from NT$1.19 loss in FY 2024). Revenue: NT$1.82b (up 1.2% from FY 2024). Net loss: NT$180.2m (loss narrowed 17% from FY 2024). 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. Announcement • Mar 13
Yeh Chiang Technology Corporation, Annual General Meeting, Jun 17, 2026 Yeh Chiang Technology Corporation, Annual General Meeting, Jun 17, 2026. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan New Risk • Mar 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 71% per year over the past 5 years. New Risk • Jan 23
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 Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.35 (vs NT$0.47 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.35 (up from NT$0.47 loss in 3Q 2024). Revenue: NT$442.3m (down 16% from 3Q 2024). Net income: NT$63.3m (up NT$149.6m from 3Q 2024). Profit margin: 14% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
Second quarter 2025 earnings released: NT$0.92 loss per share (vs NT$0.19 loss in 2Q 2024) Second quarter 2025 results: NT$0.92 loss per share (further deteriorated from NT$0.19 loss in 2Q 2024). Revenue: NT$610.1m (up 57% from 2Q 2024). Net loss: NT$168.4m (loss widened 384% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. New Risk • Jul 14
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 6.5% 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 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.28 loss per share (vs NT$0.037 loss in 1Q 2024) First quarter 2025 results: NT$0.28 loss per share (further deteriorated from NT$0.037 loss in 1Q 2024). Revenue: NT$373.1m (up 5.2% from 1Q 2024). Net loss: NT$51.4m (loss widened NT$44.6m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. New Risk • Apr 10
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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Mar 21
Full year 2024 earnings released: NT$1.19 loss per share (vs NT$0.47 loss in FY 2023) Full year 2024 results: NT$1.19 loss per share (further deteriorated from NT$0.47 loss in FY 2023). Revenue: NT$1.79b (down 1.5% from FY 2023). Net loss: NT$217.7m (loss widened 154% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Announcement • Mar 17
Yeh Chiang Technology Corporation, Annual General Meeting, Jun 16, 2025 Yeh Chiang Technology Corporation, Annual General Meeting, Jun 16, 2025. Location: 4 floor building. e no,19-11, san ch`ung rd., nangang district, taipei city Taiwan Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.47 loss per share (vs NT$0.035 loss in 3Q 2023) Third quarter 2024 results: NT$0.47 loss per share (further deteriorated from NT$0.035 loss in 3Q 2023). Revenue: NT$526.9m (up 23% from 3Q 2023). Net loss: NT$86.3m (loss widened NT$80.0m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.21 loss in 2Q 2023) Second quarter 2024 results: NT$0.19 loss per share (improved from NT$0.21 loss in 2Q 2023). Revenue: NT$388.9m (down 19% from 2Q 2023). Net loss: NT$34.8m (loss narrowed 7.6% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Aug 02
Yeh Chiang Technology Corporation to Report Q2, 2024 Results on Aug 08, 2024 Yeh Chiang Technology Corporation announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.04 loss per share (vs NT$0.044 profit in 1Q 2023) First quarter 2024 results: NT$0.04 loss per share (down from NT$0.044 profit in 1Q 2023). Revenue: NT$354.8m (down 32% from 1Q 2023). Net loss: NT$6.76m (down 185% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Announcement • May 03
Yeh Chiang Technology Corporation to Report Q1, 2024 Results on May 08, 2024 Yeh Chiang Technology Corporation announced that they will report Q1, 2024 results on May 08, 2024 Reported Earnings • Mar 24
Full year 2023 earnings released: NT$0.47 loss per share (vs NT$0.47 profit in FY 2022) Full year 2023 results: NT$0.47 loss per share (down from NT$0.47 profit in FY 2022). Revenue: NT$1.82b (down 13% from FY 2022). Net loss: NT$85.8m (down 201% 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 93 percentage points per year, which is a significant difference in performance. Announcement • Mar 15
Yeh Chiang Technology Corporation Appoints Ya-Ling Jheng as Corporate Governance Officer Yeh Chiang Technology Corporation appointed Ya-Ling Jheng/Manager of the company's legal office, as corporate governance officer, effective from March 13, 2023. Announcement • Feb 02
Yeh Chiang Technology Corporation Appoints Ya-Chu Chiu as Financial Officer, Accounting Officer and Corporate Governance Officer Yeh Chiang Technology Corporation announced executive changes. Name, title, and resume of the previous position holder: Ya-Chu Chiu/Financial officer, accounting officer and corporate governance officer of YEH-CHIANG TECHNOLOGY Co. Ltd. Reason for the change: position adjustment. Effective date is February 1, 2024. New Risk • Jan 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.5% average weekly change). Earnings have declined by 16% per year over the past 5 years. Announcement • Nov 09
Yeh Chiang Technology Corporation Announces Change General Manager Yeh Chiang Technology Corporation announced the appointment of Chung-Fu Wang in place of Tai-Kuang Wang as General Manager. Effective date of the new appointment: November 8, 2023. New Risk • Aug 18
New major risk - Revenue and earnings growth Earnings have declined by 0.5% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 0.5% per year over the past 5 years. Reported Earnings • Aug 18
Second quarter 2023 earnings released: NT$0.21 loss per share (vs NT$0.078 loss in 2Q 2022) Second quarter 2023 results: NT$0.21 loss per share (further deteriorated from NT$0.078 loss in 2Q 2022). Revenue: NT$482.6m (down 4.3% from 2Q 2022). Net loss: NT$37.7m (loss widened 166% from 2Q 2022). 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 1% per year, which means it has not declined as severely as earnings. Buying Opportunity • Jul 28
Now 20% undervalued Over the last 90 days, the stock is up 48%. The fair value is estimated to be NT$50.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company became loss making. Board Change • Jun 30
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 Wei-Kuo Su 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. Announcement • Jun 16
Yeh Chiang Technology Corporation Appoints Meng-Hsiu Chen as Member of the Audit Committee Yeh Chiang Technology Corporation announced to change the member of the Audit Committee. Name of the new position holder: Meng-Hsiu Chen. Resume of the new position holder: Meng-Hsiu Chen: Independent director of the company. Effective date of the new member is June 14, 2023. Announcement • Jun 15
Yeh Chiang Technology Corporation Elects Meng-Hsiu Chen as Independent Director Yeh Chiang Technology Corporation elected Meng-Hsiu Chen as Independent director. Effective date of the new appointment: June 14, 2023. Resume of the new position holder: Director - Representative of Weichiang Ltd. Samoa-Chen-Ting Wu; Director of YEH-CHIANG TECHNOLOGY Co. Ltd.; Independent director: Meng-Hsiu Chen; Independent director of YEH-CHIANG TECHNOLOGY Co. Ltd. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to NT$33.60, the stock trades at a trailing P/E ratio of 72.3x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 16% over the past three years. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: NT$0.46 (vs NT$1.29 in FY 2021) Full year 2022 results: EPS: NT$0.46 (down from NT$1.29 in FY 2021). Revenue: NT$2.09b (down 18% from FY 2021). Net income: NT$84.8m (down 64% from FY 2021). Profit margin: 4.1% (down from 9.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.14 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.21 (up from NT$0.14 in 3Q 2021). Revenue: NT$534.3m (down 9.2% from 3Q 2021). Net income: NT$37.5m (up 50% from 3Q 2021). Profit margin: 7.0% (up from 4.2% 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 but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. 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 Wei-Kuo Su 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: EPS: NT$0.21 (vs NT$0.14 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.21 (up from NT$0.14 in 3Q 2021). Revenue: NT$534.3m (down 9.2% from 3Q 2021). Net income: NT$37.5m (up 50% from 3Q 2021). Profit margin: 7.0% (up from 4.2% 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 but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 20% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 14x in the Electrical industry in Taiwan. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 22% share price gain to NT$32.30, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 15
Second quarter 2022 earnings released: NT$0.08 loss per share (vs NT$0.56 profit in 2Q 2021) Second quarter 2022 results: NT$0.08 loss per share (down from NT$0.56 profit in 2Q 2021). Revenue: NT$504.5m (down 30% from 2Q 2021). Net loss: NT$14.2m (down 114% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jun 23
Yeh-Chiang Technology Corp. Announces Change of Representative of Juristic Person Director Yeh-Chiang Technology Corp. announced the change of representative of juristic person director. Name of legal person: Weichiang Ltd. Samoa. Name of the previous position holder: Chen-Ting Wu. Resume of the previous position holder: Representative of Weichiang Ltd. Samoa. Name of the new position holder: Chun-Ya Chen. Resume of the new position holder: Representative of Weichiang Ltd. Samoa. Effective date of the new appointment is June 22, 2022. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$0.59 (vs NT$0.37 in 1Q 2021) First quarter 2022 results: EPS: NT$0.59 (up from NT$0.37 in 1Q 2021). Revenue: NT$638.3m (up 3.3% from 1Q 2021). Net income: NT$107.3m (up 61% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings. 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. 6 non-independent directors. Independent Director Ping-Chung Hou was the last independent director to join the board, commencing their role in 2020. 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$1.50 in FY 2020) Full year 2021 results: EPS: NT$1.29 (down from NT$1.50 in FY 2020). Revenue: NT$2.56b (down 4.4% from FY 2020). Net income: NT$234.8m (down 14% from FY 2020). Profit margin: 9.2% (down from 10% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.14 (vs NT$0.68 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$588.2m (down 21% from 3Q 2020). Net income: NT$24.9m (down 80% from 3Q 2020). Profit margin: 4.2% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Executive Departure • Sep 07
Director Chi-Huei Jang has left the company On the 30th of August, Chi-Huei Jang's tenure as Director ended after 15.2 years in the role. We don't have any record of a personal shareholding under Chi-Huei's name. Chi-Huei is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.17 years. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$0.56 (vs NT$0.58 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$721.1m (down 7.3% from 2Q 2020). Net income: NT$101.9m (down 4.0% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 49% 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 15
First quarter 2021 earnings released: EPS NT$0.37 (vs NT$0.047 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$617.8m (up 36% from 1Q 2020). Net income: NT$66.9m (up NT$58.2m from 1Q 2020). Profit margin: 11% (up from 1.9% 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 67% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS NT$1.50 (vs NT$1.22 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$2.68b (up 19% from FY 2019). Net income: NT$274.2m (up 23% from FY 2019). Profit margin: 10% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 20
New 90-day low: NT$29.30 The company is down 2.0% from its price of NT$29.80 on 23 October 2020. The Taiwanese market is up 22% 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. Announcement • Jan 09
Yeh-Chiang Technology Corp. Announces Board Changes Yeh-Chiang Technology Corp. announced that Name, title, and resume of the previous position holder: Tsung-Tou,Lee¡F Head of finance and accounting of the Company and name, title, and resume of the new position holder: Ya-Chu,Chiu¡F Head of finance and accounting of the Company, with effect from January 07, 2021. Is New 90 Day High Low • Dec 08
New 90-day high: NT$32.40 The company is up 2.0% from its price of NT$31.85 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 7.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.68 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$744.6m (up 24% from 3Q 2019). Net income: NT$123.8m (up 88% from 3Q 2019). Profit margin: 17% (up from 11% 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 94% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Sep 24
New 90-day low: NT$30.55 The company is down 2.0% from its price of NT$31.20 on 24 June 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 12% over the same period.