Declared Dividend • Jun 25
Dividend reduced to NT$0.40 Dividend of NT$0.40 is 60% lower than last year. Ex-date: 8th July 2026 Payment date: 3rd August 2026 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 8.0% to shift the payout ratio to a potentially unsustainable range, which is less than the 41% EPS decline seen over the last 5 years. Reported Earnings • May 17
First quarter 2026 earnings released: EPS: NT$0.02 (vs NT$0.002 in 1Q 2025) First quarter 2026 results: EPS: NT$0.02 (up from NT$0.002 in 1Q 2025). Revenue: NT$380.9m (down 6.1% from 1Q 2025). Net income: NT$884.0k (up NT$818.0k from 1Q 2025). Profit margin: 0.2% (up from 0% in 1Q 2025). The increase in margin 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 35 percentage points per year, which is a significant difference in performance. Announcement • Mar 11
GSD Technologies Co., Ltd., Annual General Meeting, Jun 23, 2026 GSD Technologies Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: 3 floor no,1, sec.3 chung hsiao e. rd., da-an district, taipei city Taiwan Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$0.46 (vs NT$1.40 in FY 2024) Full year 2025 results: EPS: NT$0.46 (down from NT$1.40 in FY 2024). Revenue: NT$1.76b (down 3.1% from FY 2024). Net income: NT$16.8m (down 67% from FY 2024). Profit margin: 1.0% (down from 2.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. New Risk • Jan 27
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 6.8% 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 37% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (NT$928.9m market cap, or US$29.5m). Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$0.23 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.26 (up from NT$0.23 in 3Q 2024). Revenue: NT$438.1m (down 11% from 3Q 2024). Net income: NT$9.62m (up 14% from 3Q 2024). Profit margin: 2.2% (up from 1.7% in 3Q 2024). The increase in margin 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 44 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to NT$20.50. The fair value is estimated to be NT$25.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Buy Or Sell Opportunity • Aug 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to NT$21.45. The fair value is estimated to be NT$27.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 65%. Upcoming Dividend • Jun 30
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 07 July 2025. Payment date: 01 August 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.8%). Declared Dividend • Jun 12
Dividend of NT$1.00 announced Dividend of NT$1.00 is the same as last year. Ex-date: 7th July 2025 Payment date: 1st August 2025 Dividend yield will be 4.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) nor is it covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 13
First quarter 2025 earnings released: EPS: NT$0.002 (vs NT$0.60 in 1Q 2024) First quarter 2025 results: EPS: NT$0.002 (down from NT$0.60 in 1Q 2024). Revenue: NT$405.8m (flat on 1Q 2024). Net income: NT$66.0k (down 100% from 1Q 2024). Profit margin: 0% (down from 5.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • May 03
GSD Technologies Co., Ltd. to Report Q1, 2025 Results on May 12, 2025 GSD Technologies Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025 Buy Or Sell Opportunity • Apr 10
Now 28% overvalued Over the last 90 days, the stock has fallen 24% to NT$22.95. The fair value is estimated to be NT$17.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 52%. 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$23.20, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total loss to shareholders of 56% over the past three years. Announcement • Mar 05
GSD Technologies Co., Ltd., Annual General Meeting, Jun 10, 2025 GSD Technologies Co., Ltd., Annual General Meeting, Jun 10, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,1, sec.3 chung hsiao e. rd., da-an district, taipei city Taiwan Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: NT$1.40 (vs NT$1.28 in FY 2023) Full year 2024 results: EPS: NT$1.40 (up from NT$1.28 in FY 2023). Revenue: NT$1.82b (up 2.5% from FY 2023). Net income: NT$51.2m (up 9.3% from FY 2023). Profit margin: 2.8% (up from 2.6% 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 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Feb 20
GSD Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025 GSD Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.47 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.23 (down from NT$0.47 in 3Q 2023). Revenue: NT$490.0m (up 11% from 3Q 2023). Net income: NT$8.40m (down 51% from 3Q 2023). Profit margin: 1.7% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 12% per year, which means it has not declined as severely as earnings. Announcement • Nov 02
GSD Technologies Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024 GSD Technologies Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.071 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.55 (up from NT$0.071 in 2Q 2023). Revenue: NT$468.5m (up 13% from 2Q 2023). Net income: NT$20.0m (up NT$17.4m from 2Q 2023). Profit margin: 4.3% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% 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. Announcement • Aug 14
GSD Technologies Co., Ltd. to Report Q2, 2024 Results on Aug 22, 2024 GSD Technologies Co., Ltd. announced that they will report Q2, 2024 results on Aug 22, 2024 Upcoming Dividend • Jun 27
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 04 July 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.4%). Declared Dividend • Jun 08
Dividend reduced to NT$1.00 Dividend of NT$1.00 is 71% lower than last year. Ex-date: 4th July 2024 Payment date: 29th July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years. Announcement • Jun 08
GSD Technologies Co., Ltd. Announces Cash Dividend, Payable on July 29, 2024 GSD Technologies Co., Ltd. announced the Cash dividend of TWD 36,500,000, each common share is entitled to received TWD 1. Ex-rights (ex-dividend) trading date: July 4, 2024. Ex-rights (ex-dividend) record date: July 10, 2024. Payment date of common stock cash dividend distribution: July 29, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 6, 2024. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.60 (vs NT$0.12 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.60 (up from NT$0.12 loss in 1Q 2023). Revenue: NT$406.8m (up 15% from 1Q 2023). Net income: NT$22.0m (up NT$26.4m from 1Q 2023). Profit margin: 5.4% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 05
GSD Technologies Co., Ltd. to Report Q1, 2024 Results on May 10, 2024 GSD Technologies Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Announcement • Feb 28
GSD Technologies Co., Ltd., Annual General Meeting, Jun 06, 2024 GSD Technologies Co., Ltd., Annual General Meeting, Jun 06, 2024. Location: 2F., No. 1, Sec. 3, Zhongxiao E. Rd., Da¡¦an Dist. Taipei City Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' bonus and directors' compensation; to consider Acknowledgement of the 2023 Business Report and Financial Statements; to consider Acknowledgement of the 2023 earnings distribution; and to consider any other matter thereof. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: NT$1.28 (vs NT$5.00 in FY 2022) Full year 2023 results: EPS: NT$1.28 (down from NT$5.00 in FY 2022). Revenue: NT$1.77b (down 3.6% from FY 2022). Net income: NT$46.9m (down 74% from FY 2022). Profit margin: 2.6% (down from 9.9% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 12
Third quarter 2023 earnings released: EPS: NT$0.47 (vs NT$1.20 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.47 (down from NT$1.20 in 3Q 2022). Revenue: NT$441.6m (down 3.1% from 3Q 2022). Net income: NT$17.3m (down 60% from 3Q 2022). Profit margin: 3.9% (down from 9.6% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Buying Opportunity • Aug 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be NT$57.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. New Risk • Aug 23
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 133% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.6% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 133% Paying a dividend despite having no free cash flows. Earnings have declined by 4.9% per year over the past 5 years. High level of non-cash earnings (38% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (NT$1.69b market cap, or US$52.7m). Upcoming Dividend • Jun 29
Upcoming dividend of NT$3.50 per share at 6.4% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 31 July 2023. Payout ratio is on the higher end at 89% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.1%). Announcement • Jun 09
Gsd Technologies Co., Ltd. Appoints Members of the Third Audit Committee GSD Technologies Co., Ltd. appointed members of the third Audit Committe. Name of the previous position holder is Independent Director: Chang, Yuan-Lung. Independent Director: Chou, Shan-Shan; Independent Director: Chen, Chun-Kuei. Resume of the previous position holder is Chang, Yuan-Lung/CPA for CihnJeng United Accounting Firm; Chou, Shan-Shan/Independent Director of ECOVE Environment Corporation; Chen, Chun-Kuei/Director and General Manager of Yi Tsen Technology Co., Ltd. Name of the new position holder is Independent Director: Chang, Yuan-Lung; Independent Director: Chou, Shan-Shan; Independent Director: Su, Chiu-Hsia. Resume of the new position holder: Chang, Yuan-Lung/CPA for CihnJeng United Accounting Firm. Chou, Shan-Shan/Independent Director of ECOVE Environment Corporation. Su, Chiu-Hsia/Former Executive Vice President of Standard Chartered Bank. Effective date of the new member is June 7, 2023. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: NT$5.00 (vs NT$6.30 in FY 2021) Full year 2022 results: EPS: NT$5.00 (down from NT$6.30 in FY 2021). Revenue: NT$1.84b (down 6.1% from FY 2021). Net income: NT$182.4m (down 15% from FY 2021). Profit margin: 9.9% (down from 11% 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 3% per year whereas the company’s share price has fallen by 6% per year. Buying Opportunity • Dec 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.8%. The fair value is estimated to be NT$67.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Dec 23
GSD Technologies Co., Ltd. Announces General Manager Changes GSD Technologies Co., Ltd. appointed Chen, Shih-Hsien, The vice president of GSD (China) Co., Ltd. as General Manager in place of Hung-June, The chairman of GSD. For the group development and team cooperation, Chen, Shih-Hsien was appointed by the Board of Directors as general manager of GSD, effective from February 1, 2023. Buying Opportunity • Dec 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.8%. The fair value is estimated to be NT$66.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Price Target Changed • Nov 16
Price target decreased to NT$59.00 Down from NT$77.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of NT$51.40. Stock is down 13% over the past year. The company posted earnings per share of NT$6.30 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Yuan-Lung Chang was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 17
GSD Technologies Co., Ltd. Announces Change of Chief Internal Auditor GSD Technologies Co., Ltd. announced change of chief internal auditor. Name, title, and resume of the previous position holder: Yang Wei-Wen/Chief internal auditor. Name, title, and resume of the new position holder: Chuang Chi-Chen/Internal auditor. Reason for the change: Death. Effective date is September 16, 2022. Chuang Chi-Chen is acting chief internal auditor for duty temporately. After the appointment of the new chief internal auditor is approved by the board of directors, it will be announced in accordance with regulations. Announcement • Jul 27
GSD Technologies Co., Ltd. Announces Resignation of Lee, Tzuoh-Shoou/ Special Assistant of Chairman, Effective July 31, 2022 GSD Technologies Co., Ltd. announced resignation of Lee, Tzuoh-Shoou/Special Assistant of Chairman, Effective July 31, 2022. Reason for the change: Retirement. Upcoming Dividend • Jun 28
Upcoming dividend of NT$4.50 per share Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.1%). Announcement • Jun 10
Gsd Technologies Co., Ltd. Approves Cash Dividend for the Year 2021, Payable on July 28, 2022 GSD Technologies Co., Ltd. announced that at its shareholders meeting held on June 08, 2022, shareholders approved the cash dividend of TWD 164,250,000, each common share is entitled to received TWD 4.5. Ex-rights (ex-dividend) record date is July 11, 2022. Cash dividend distribution date is July 28, 2022. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: CI$0.96 (vs CI$0.024 in 1Q 2021) First quarter 2022 results: EPS: CI$0.96 (up from CI$0.024 in 1Q 2021). Revenue: CI$391.2m (up CI$380.8m from 1Q 2021). Net income: CI$35.0m (up CI$34.2m from 1Q 2021). Profit margin: 9.0% (up from 7.8% 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 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Yuan-Lung Chang was the last independent director to join the board, commencing their role in 2017. 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 • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$6.30 (down from NT$6.52 in FY 2020). Revenue: NT$1.96b (up 6.2% from FY 2020). Net income: NT$215.6m (down 1.7% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 10.0%, compared to a 13% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Announcement • Feb 26
GSD Technologies Co., Ltd., Annual General Meeting, Jun 08, 2022 GSD Technologies Co., Ltd., Annual General Meeting, Jun 08, 2022. Location: GIS Taipei Tech Convention Center Room301 3F., No. 1, Sec. 3, Zhongxiao E. Rd Taipei City Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's review of the 2021 annual final accounting books and statements; to consider Report on 2021 employees' bonus and directors' compensation; to consider Report on amendments to GSD's Sustainable Development Best Practice Principles; to consider Report on the situation of the first unsecured convertible bonds in the Republic of China; to consider Acknowledgement of the 2021 Business Report and Financial Statements; to consider Acknowledgement of the 2021 earnings distribution; to consider Discussion of amendment of GSD's Memorandum &Articles of Association; to consider Discussion of amendment of GSD's Rules for Election of Directors; to consider Discussion of amendment of GSD's Regulations Governing the Acquisition and Disposal of Assets; and any other matters. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$1.80 (vs NT$1.53 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$507.8m (up 1.3% from 3Q 2020). Net income: NT$60.3m (up 18% from 3Q 2020). Profit margin: 12% (up from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS NT$1.53 (vs NT$1.98 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$506.9m (up 2.6% from 2Q 2020). Net income: NT$51.3m (down 23% from 2Q 2020). Profit margin: 10% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Upcoming Dividend • Jul 28
Upcoming dividend of NT$4.50 per share Eligible shareholders must have bought the stock before 04 August 2021. Payment date: 27 August 2021. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.5%). Reported Earnings • May 08
First quarter 2021 earnings released: EPS NT$0.84 (vs NT$0.42 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$361.7m (up 45% from 1Q 2020). Net income: NT$28.1m (up 98% from 1Q 2020). Profit margin: 7.8% (up from 5.7% in 1Q 2020). The increase in margin was driven by higher revenue. Announcement • Mar 21
GSD Technologies Co., Ltd. Propose Cash Dividend for the Year Ended December 12, 2020 GSD Technologies Co., Ltd. announced that the board proposed cash dividend for the year ended December of TWD 4.5 per share. Total amount of cash distributed to shareholders TWD 150,750,000. Announcement • Mar 20
GSD Technologies Co., Ltd., Annual General Meeting, Jun 17, 2021 GSD Technologies Co., Ltd., Annual General Meeting, Jun 17, 2021. Location: 2F., No. 1, Sec. 3, Zhongxiao E. Rd, Daan Dist Taipei City Taiwan Agenda: To consider report the business of 2020; to report 2020 employees' bonus and directors' compensation; to revise guidelines for the adoption of codes of ethical; to report the situation of the first unsecured convertible bonds in the republic of china; to accept 2020 business report and financial statements; to accept 2020 earnings distribution; and to consider other matter. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS NT$6.52 (vs NT$6.79 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$1.85b (down 7.3% from FY 2019). Net income: NT$219.4m (down 5.0% from FY 2019). Profit margin: 12% (in line with FY 2019). Price Target Changed • Mar 16
Price target increased to NT$77.00 Up from NT$69.00, the current price target is provided by 1 analyst. New target price is 18% above last closing price of NT$65.40. Stock is up 28% over the past year. Analyst Estimate Surprise Post Earnings • Nov 12
Revenue misses expectations Revenue missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 8.3%, compared to a 23% growth forecast for the Machinery industry in Taiwan. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS NT$1.53 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$501.0m (down 6.5% from 3Q 2019). Net income: NT$51.2m (down 19% from 3Q 2019). Profit margin: 10% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Nov 09
New 90-day high: NT$64.50 The company is up 9.0% from its price of NT$59.00 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$1,161 per share.