Reported Earnings • May 11
First quarter 2026 earnings released: EPS: NT$1.05 (vs NT$1.01 in 1Q 2025) First quarter 2026 results: EPS: NT$1.05 (up from NT$1.01 in 1Q 2025). Revenue: NT$548.1m (flat on 1Q 2025). Net income: NT$159.5m (up 3.8% from 1Q 2025). Profit margin: 29% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 13
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.5% to NT$53.80. The fair value is estimated to be NT$44.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 2.7%. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$3.91 (vs NT$4.36 in FY 2024) Full year 2025 results: EPS: NT$3.91 (down from NT$4.36 in FY 2024). Revenue: NT$2.18b (down 2.6% from FY 2024). Net income: NT$596.2m (down 11% from FY 2024). Profit margin: 27% (down from 30% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Mar 05
Zippy Technology Corp., Annual General Meeting, May 20, 2026 Zippy Technology Corp., Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: no,20-2, san min rd., sindian district, new taipei city Taiwan Buy Or Sell Opportunity • Mar 03
Now 21% undervalued Over the last 90 days, the stock has risen 2.4% to NT$51.30. The fair value is estimated to be NT$64.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Earnings per share has declined by 3.9%. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.97 (vs NT$1.08 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.97 (down from NT$1.08 in 3Q 2024). Revenue: NT$528.4m (down 9.4% from 3Q 2024). Net income: NT$148.8m (down 9.7% from 3Q 2024). Profit margin: 28% (in line with 3Q 2024). 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 10% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 23
Now 20% undervalued Over the last 90 days, the stock has risen 5.6% to NT$58.30. The fair value is estimated to be NT$72.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 3.3%. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$0.74 (vs NT$1.09 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.74 (down from NT$1.09 in 2Q 2024). Revenue: NT$580.9m (up 3.1% from 2Q 2024). Net income: NT$112.2m (down 33% from 2Q 2024). Profit margin: 19% (down from 30% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Declared Dividend • Aug 09
Dividend increased to NT$3.50 Dividend of NT$3.50 is 17% higher than last year. Ex-date: 26th August 2025 Payment date: 26th September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 23
Zippy Technology Corp. Approves the Election of Directors ZIPPY Technology Corp. at its AGM held on May 22, 2025, approved the election of Directors: CHUNG MENG-TING; Independent Directors: CHUNG-WEN and CHUANG,WENG-KAI. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$1.01 (vs NT$1.23 in 1Q 2024) First quarter 2025 results: EPS: NT$1.01 (down from NT$1.23 in 1Q 2024). Revenue: NT$543.8m (down 2.7% from 1Q 2024). Net income: NT$153.7m (down 18% from 1Q 2024). Profit margin: 28% (down from 34% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 01
Zippy Technology Corp. to Report Q1, 2025 Results on May 08, 2025 Zippy Technology Corp. announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$49.60, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 40% over the past three years. Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: NT$4.36 (vs NT$3.55 in FY 2023) Full year 2024 results: EPS: NT$4.36 (up from NT$3.55 in FY 2023). Revenue: NT$2.24b (up 5.2% from FY 2023). Net income: NT$666.0m (up 23% from FY 2023). Profit margin: 30% (up from 26% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Mar 07
Zippy Technology Corp., Annual General Meeting, May 22, 2025 Zippy Technology Corp., Annual General Meeting, May 22, 2025, at 09:00 Taipei Standard Time. Location: no,20-2, san min rd., sindian district, new taipei city Taiwan Announcement • Feb 26
Zippy Technology Corp. to Report Q4, 2024 Results on Mar 05, 2025 Zippy Technology Corp. announced that they will report Q4, 2024 results at 9:00 AM, Taipei Standard Time on Mar 05, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.08 (vs NT$1.04 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.08 (up from NT$1.04 in 3Q 2023). Revenue: NT$583.1m (up 10.0% from 3Q 2023). Net income: NT$164.7m (up 4.1% from 3Q 2023). Profit margin: 28% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Oct 02
Zippy Technology Corp. Announces Resignation of Liang, Chun-Chia as Finance and Accounting Officer Zippy Technology Corp. announced change in Finance and Accounting officer. Name, title, and resume of the previous position holder: LIANG, CHUN-CHIA/Financial Deputy Manager/ZIPPY TECHNOLOGY CORP.; Type of the change: resignation; Reason for the change: resignation. Effective date: October 01, 2024. Upcoming Dividend • Aug 21
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 28 August 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.97 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.09 (up from NT$0.97 in 2Q 2023). Revenue: NT$563.5m (up 4.8% from 2Q 2023). Net income: NT$167.0m (up 13% from 2Q 2023). Profit margin: 30% (up from 28% in 2Q 2023). The increase in margin was driven by higher revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 06
Zippy Technology Corp. to Report Q2, 2024 Results on Aug 13, 2024 Zippy Technology Corp. announced that they will report Q2, 2024 results on Aug 13, 2024 Buy Or Sell Opportunity • Aug 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.4% to NT$58.10. The fair value is estimated to be NT$73.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has grown by 5.3%. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$67.70, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 127% over the past three years. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$1.23 (vs NT$0.86 in 1Q 2023) First quarter 2024 results: EPS: NT$1.23 (up from NT$0.86 in 1Q 2023). Revenue: NT$558.8m (flat on 1Q 2023). Net income: NT$188.4m (up 43% from 1Q 2023). Profit margin: 34% (up from 24% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 10
Zippy Technology Corp. Appoints Liang, Chun-Chia as Acting Finance and Accounting Officer Zippy Technology Corp. appointed LIANG, CHUN-CHIA/Deputy Section Manager of Finance Department/ZIPPY TECHNOLOGY CORP. as acting finance and accounting officer (approved by the board of directors). Effective date: May 9, 2024. The board of directors approved the acting finance and accounting officer to sign or seal financial reports from the 1st quarter 2024. The resignation of the former finance and accounting officer was announced on 1 April 2024, and LIANG, CHUN-CHIA was filed as a temporary acting finance and accounting officer. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: NT$3.55 (vs NT$4.43 in FY 2022) Full year 2023 results: EPS: NT$3.55 (down from NT$4.43 in FY 2022). Revenue: NT$2.13b (down 20% from FY 2022). Net income: NT$541.6m (down 20% from FY 2022). Profit margin: 26% (in line with FY 2022). 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 13% per year. Announcement • Mar 07
Zippy Technology Corp., Annual General Meeting, May 21, 2024 Zippy Technology Corp., Annual General Meeting, May 21, 2024. Location: No. 20-2, Sanmin Rd Xindian Dist Taipei Taiwan Agenda: To consider 2023 business report; to consider 2023 Audit Committees Review Report; to consider Report on 2023 employees' and directors' remuneration; and to discuss other matters. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.97 (vs NT$1.25 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.97 (down from NT$1.25 in 2Q 2022). Revenue: NT$537.7m (down 27% from 2Q 2022). Net income: NT$148.0m (down 22% from 2Q 2022). Profit margin: 28% (up from 26% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Jul 28
Upcoming dividend of NT$3.50 per share at 6.7% yield Eligible shareholders must have bought the stock before 04 August 2023. Payment date: 05 September 2023. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%). Announcement • Jul 23
Zippy Technology Corp. Announces Change in Financial officer and Accounting officer Zippy Technology Corp. announced Change in Financial officer and Accounting officer. Name, title, and resume of the previous position holder: CHENG, PO-JUI/Financial Manager/ZIPPY TECHNOLOGY CORP. Name, title, and resume of the new position holder: YANG, CHU-TING/Financial Assistant Vice President/ZIPPY TECHNOLOGY CORP. Effective date: July 20, 2023. Reported Earnings • Mar 19
Full year 2022 earnings released: EPS: NT$4.43 (vs NT$3.82 in FY 2021) Full year 2022 results: EPS: NT$4.43 (up from NT$3.82 in FY 2021). Revenue: NT$2.64b (flat on FY 2021). Net income: NT$675.8m (up 16% from FY 2021). Profit margin: 26% (up from 22% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$1.33 (vs NT$1.14 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.33 (up from NT$1.14 in 3Q 2021). Revenue: NT$688.5m (down 3.5% from 3Q 2021). Net income: NT$202.9m (up 17% from 3Q 2021). Profit margin: 30% (up from 24% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Chai-Fa Chou was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Aug 22
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 29 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 70% and the cash payout ratio is 85%. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.5%). Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: NT$1.24 (vs NT$1.00 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.24 (up from NT$1.00 in 2Q 2021). Revenue: NT$735.7m (flat on 2Q 2021). Net income: NT$190.0m (up 25% from 2Q 2021). Profit margin: 26% (up from 21% in 2Q 2021). 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 8% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Chai-Fa Chou was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$3.82 (up from NT$2.90 in FY 2020). Revenue: NT$2.66b (up 7.6% from FY 2020). Net income: NT$582.5m (up 32% from FY 2020). Profit margin: 22% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$1.14 (vs NT$0.86 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$713.4m (up 5.4% from 3Q 2020). Net income: NT$173.7m (up 32% from 3Q 2020). Profit margin: 24% (up from 20% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Upcoming Dividend • Oct 12
Upcoming dividend of NT$2.55 per share Eligible shareholders must have bought the stock before 19 October 2021. Payment date: 15 November 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%). Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.66 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$730.1m (up 30% from 2Q 2020). Net income: NT$152.3m (up 51% from 2Q 2020). Profit margin: 21% (up from 18% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 14
First quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.62 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$572.2m (up 3.5% from 1Q 2020). Net income: NT$103.8m (up 9.9% from 1Q 2020). Profit margin: 18% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS NT$2.90 (vs NT$3.19 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$2.48b (down 7.3% from FY 2019). Net income: NT$442.7m (down 9.0% from FY 2019). Profit margin: 18% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Announcement • Mar 10
Zippy Technology Corp., Annual General Meeting, May 28, 2021 Zippy Technology Corp., Annual General Meeting, May 28, 2021. Location: No. 20-2, Sanmin Rd., Xindian Dist New Taipei City Taiwan Agenda: To consider 2020 business report; to approve Supervisor 's review of the 2020 annual final accounting books and statements; to approve report on 2020 employees' and directors' remuneration; to acknowledge 2020 business report and annual final accounting books and statements; to consider acknowledgement of the 2020 earnings distribution; and to consider other matters. Is New 90 Day High Low • Feb 25
New 90-day high: NT$36.00 The company is up 9.0% from its price of NT$32.95 on 27 November 2020. The Taiwanese market is up 17% 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. Is New 90 Day High Low • Dec 31
New 90-day high: NT$34.00 The company is up 8.0% from its price of NT$31.35 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 13% over the same period. Reported Earnings • Nov 10
Third quarter 2020 earnings released: EPS NT$0.86 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$677.0m (up 4.7% from 3Q 2019). Net income: NT$131.8m (up 7.3% from 3Q 2019). Profit margin: 20% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.