Reported Earnings • May 20
First quarter 2026 earnings released: EPS: NT$0.76 (vs NT$0.92 in 1Q 2025) First quarter 2026 results: EPS: NT$0.76 (down from NT$0.92 in 1Q 2025). Revenue: NT$452.0m (up 3.1% from 1Q 2025). Net income: NT$51.9m (down 17% from 1Q 2025). Profit margin: 12% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: NT$3.02 (vs NT$2.04 in FY 2024) Full year 2025 results: EPS: NT$3.02 (up from NT$2.04 in FY 2024). Revenue: NT$1.72b (up 6.9% from FY 2024). Net income: NT$205.7m (up 48% from FY 2024). Profit margin: 12% (up from 8.6% in FY 2024). 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 fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Mar 06
Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 16, 2026 Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 16, 2026. Location: 4 floor no,6, min ch`uan rd., taoyuan district, taoyuan city Taiwan Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$0.69 (vs NT$0.57 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.69 (up from NT$0.57 in 3Q 2024). Revenue: NT$405.9m (down 1.3% from 3Q 2024). Net income: NT$46.9m (up 21% from 3Q 2024). Profit margin: 12% (up from 9.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% 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. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.52 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.55 (up from NT$0.52 in 2Q 2024). Revenue: NT$415.5m (up 1.9% from 2Q 2024). Net income: NT$37.8m (up 6.3% from 2Q 2024). Profit margin: 9.1% (up from 8.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% 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. Buy Or Sell Opportunity • Aug 05
Now 21% overvalued Over the last 90 days, the stock has fallen 3.1% to NT$34.50. The fair value is estimated to be NT$28.62, however this is not to be taken as a sell 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 31%. Declared Dividend • Jul 14
Dividend of NT$1.20 announced Shareholders will receive a dividend of NT$1.20. Ex-date: 30th July 2025 Payment date: 20th August 2025 Dividend yield will be 3.2%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 51% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.1% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$41.20, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 9.6% over the past three years. Reported Earnings • May 19
First quarter 2025 earnings released: EPS: NT$0.92 (vs NT$0.25 in 1Q 2024) First quarter 2025 results: EPS: NT$0.92 (up from NT$0.25 in 1Q 2024). Revenue: NT$438.4m (up 30% from 1Q 2024). Net income: NT$62.5m (up 262% from 1Q 2024). Profit margin: 14% (up from 5.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
Strong H Machinery Technology (Cayman) Incorporation to Report Q1, 2025 Results on May 06, 2025 Strong H Machinery Technology (Cayman) Incorporation announced that they will report Q1, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$28.70, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total loss to shareholders of 23% over the past three years. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: NT$2.04 (vs NT$1.06 in FY 2023) Full year 2024 results: EPS: NT$2.04 (up from NT$1.06 in FY 2023). Revenue: NT$1.61b (up 30% from FY 2023). Net income: NT$138.7m (up 92% from FY 2023). Profit margin: 8.6% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Mar 07
Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 19, 2025 Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 19, 2025. Location: 4 floor no,6, min ch`uan rd., taoyuan district, taoyuan city Taiwan Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.15 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.15 in 3Q 2023). Revenue: NT$411.5m (up 32% from 3Q 2023). Net income: NT$38.8m (up 291% from 3Q 2023). Profit margin: 9.4% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Oct 30
Strong H Machinery Technology (Cayman) Incorporation to Report Q3, 2024 Results on Nov 07, 2024 Strong H Machinery Technology (Cayman) Incorporation announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: NT$0.52 (vs NT$0.63 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.52 (down from NT$0.63 in 2Q 2023). Revenue: NT$407.8m (up 21% from 2Q 2023). Net income: NT$35.5m (down 17% from 2Q 2023). Profit margin: 8.7% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Aug 15
Strong H Machinery Technology (Cayman) Incorporation to Report Q2, 2024 Results on Aug 22, 2024 Strong H Machinery Technology (Cayman) Incorporation announced that they will report Q2, 2024 results on Aug 22, 2024 Buy Or Sell Opportunity • Aug 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.3% to NT$35.90. The fair value is estimated to be NT$45.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 19%. Upcoming Dividend • Jul 26
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 28 August 2024. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.4%). Declared Dividend • Jul 12
Dividend reduced to NT$1.00 Dividend of NT$1.00 is 55% lower than last year. Ex-date: 30th July 2024 Payment date: 28th August 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.0%. Sustainability & Growth The dividend has increased by an average of 4.7% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 62% to bring the payout ratio under control. However, EPS has declined by 20% over the last 5 years so the company would need to reverse this trend. Announcement • Jul 11
Strong H Machinery Technology (Cayman) Incorporation Announces Cash Dividend, Payable on August 28, 2024 Strong H Machinery Technology (Cayman) Incorporation announced cash dividend of TWD 40,858,344 or TWD 0.6 per share. The payment date of cash dividend distribution of August 28, 2024 with Ex-rights (ex-dividend) trading date of 30 July 2024 and Ex-rights (ex-dividend) record date of August 5, 2024. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Dividend is not well covered by earnings (146% payout ratio). Profit margins are more than 30% lower than last year (8.2% net profit margin). Market cap is less than US$100m (NT$2.58b market cap, or US$80.4m). Announcement • Apr 28
Strong H Machinery Technology (Cayman) Incorporation to Report Q1, 2024 Results on May 07, 2024 Strong H Machinery Technology (Cayman) Incorporation announced that they will report Q1, 2024 results on May 07, 2024 Announcement • Mar 08
Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 18, 2024 Strong H Machinery Technology (Cayman) Incorporation, Annual General Meeting, Jun 18, 2024. Location: 4F., No. 6, Minquan Rd., Taoyuan District Taoyuan City Taiwan Agenda: To consider and approve the 2023 business report; to consider and approve the audit committee report; to consider and approve the payment of cash dividend; to consider and approve the employee and director remuneration; to consider and approve the consolidated financial report; and to consider and approve any other matters. New Risk • Nov 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (146% payout ratio). Profit margins are more than 30% lower than last year (8.2% net profit margin). Market cap is less than US$100m (NT$2.40b market cap, or US$75.5m). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: NT$0.63 (vs NT$1.24 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.63 (down from NT$1.24 in 2Q 2022). Revenue: NT$335.9m (down 34% from 2Q 2022). Net income: NT$43.0m (down 49% from 2Q 2022). Profit margin: 13% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 01
Upcoming dividend of NT$2.20 per share at 5.7% yield Eligible shareholders must have bought the stock before 08 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%). Announcement • Jul 13
Strong H Machinery Technology (Cayman) Incorporation Announces Cash Dividend, Payable on August 31, 2023 Strong H Machinery Technology (Cayman) Incorporation announced cash dividend TWD 149,813,928 or TWD 2.2 per share. The payment date of cash dividend distribution of August 31, 2023 with Ex-rights (ex-dividend) trading date of August 8, 2023.2023/08/08 and Ex-rights (ex-dividend) record date of August 14, 2023. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: NT$1.24 (vs NT$0.89 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.24 (up from NT$0.89 in 2Q 2021). Revenue: NT$507.0m (up 20% from 2Q 2021). Net income: NT$84.4m (up 40% from 2Q 2021). Profit margin: 17% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 19
Upcoming dividend of NT$1.80 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.5%). Reported Earnings • May 17
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: NT$0.73 (up from NT$0.28 in 1Q 2021). Revenue: NT$452.9m (up 33% from 1Q 2021). Net income: NT$49.9m (up 163% from 1Q 2021). Profit margin: 11% (up from 5.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the last 3 years on average, earnings per share has fallen by 28% 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 • May 10
Strong H Machinery Technology (Cayman) Incorporation Announces Cash Dividend, Payable on June 23, 2022 Strong H Machinery Technology (Cayman) Incorporation announced cash dividend TWD 122,575,032, each common share is entitled to received TWD 1.8. Ex-rights (ex-dividend) trading date is May 26, 2022. Ex-rights (ex-dividend) record date is June 01, 2022. Estimated date of payment of cash dividends is June 23, 2022. Announcement • Apr 22
Strong H Machinery Technology (Cayman) Incorporation Announces Changes Remuneration Committee Strong H Machinery Technology (Cayman) Incorporation announced the resolution of the board meeting to appoint members the Remuneration Committee. Date of occurrence of the change is April 21, 2022. Name of the functional committees: Remuneration Committee. Name of the previous position holder: Wang, Ching-Hsiang, Tai, Kuo-Cheng and Wang, Chien-Chin. Resume of the previous position holder: Wang, Ching-Hsiang: Yangtze CPAs & Co.- Director General and Tai, Kuo-Cheng¡GFeng Chia University- Associate Professor of Mechanical and Computer Aided Engineerin, Wang, Chien-Chin¡GJianzhi Law Firm.- Responsible Person. Name of the new position holder: Wang, Ching-Hsiang, Tai, Kuo-Cheng, Wang, Chien-Chin and Tsai, Jia-Peir. Resume of the new position holder: Wang, Ching-Hsiang: Yangtze CPAs & Co.- Director General. Tai, Kuo-Cheng¡GFeng Chia University- Associate Professor of Mechanical and Computer Aided Engineerin. Wang, Chien-Chin¡GJianzhi Law Firm.- Responsible Person. Tsai, Jia-Peir ¡GServed Deputy Team Leader, System Manufacturing Center, National Chung - Shan Institute of Science and Technology, Ministry of Defense. Reason for the change: Due to the election of the Directors and appointment of the members of the Remuneration Committee by the BOD. Effective date of the new member is April 21, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.046 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$481.0m (up 50% from 3Q 2020). Net income: NT$55.1m (up NT$51.9m from 3Q 2020). Profit margin: 11% (up from 1.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS NT$0.89 (vs NT$0.10 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$421.0m (up 58% from 2Q 2020). Net income: NT$60.4m (up NT$53.5m from 2Q 2020). Profit margin: 14% (up from 2.6% 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 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 16
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 23 August 2021. Payment date: 16 September 2021. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.6%). Reported Earnings • May 14
First quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.56 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$341.2m (up 29% from 1Q 2020). Net income: NT$19.0m (down 50% from 1Q 2020). Profit margin: 5.6% (down from 14% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS NT$1.12 (vs NT$4.38 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.26b (down 24% from FY 2019). Net income: NT$76.2m (down 74% from FY 2019). Profit margin: 6.1% (down from 18% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 18% per year. Is New 90 Day High Low • Jan 26
New 90-day low: NT$39.35 The company is down 1.0% from its price of NT$39.80 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: NT$44.80 The company is up 14% from its price of NT$39.45 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 Machinery industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: NT$44.30 The company is up 12% from its price of NT$39.70 on 11 September 2020. The Taiwanese market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: NT$43.10 The company is up 5.0% from its price of NT$41.20 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$38.50 The company is down 22% from its price of NT$49.35 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period.