Declared Dividend • Jun 10
Dividend reduced to NT$0.20 Dividend of NT$0.20 is 56% lower than last year. Ex-date: 9th July 2026 Payment date: 5th August 2026 Dividend yield will be 0.2%, which is lower than the industry average of 5.0%. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: NT$0.43 (vs NT$0.24 in 1Q 2025) First quarter 2026 results: EPS: NT$0.43 (up from NT$0.24 in 1Q 2025). Revenue: NT$1.37b (up 24% from 1Q 2025). Net income: NT$48.4m (up 82% from 1Q 2025). Profit margin: 3.5% (up from 2.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 14
Full year 2025 earnings released: NT$0.55 loss per share (vs NT$0.60 profit in FY 2024) Full year 2025 results: NT$0.55 loss per share (down from NT$0.60 profit in FY 2024). Revenue: NT$4.44b (up 21% from FY 2024). Net loss: NT$61.7m (down 192% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to NT$69.30, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 16x in the Trade Distributors industry in Taiwan. Total returns to shareholders of 144% over the past three years. Announcement • Mar 03
Ace Pillar Co., Ltd., Annual General Meeting, May 25, 2026 Ace Pillar Co., Ltd., Annual General Meeting, May 25, 2026. Location: no,67, sec.1 kuang fu rd., sanchong district, new taipei city Taiwan New Risk • Dec 08
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 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: NT$0.22 (vs NT$0.14 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.22 (up from NT$0.14 in 3Q 2024). Revenue: NT$1.21b (up 22% from 3Q 2024). Net income: NT$25.2m (up 55% from 3Q 2024). Profit margin: 2.1% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 25
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to NT$111. The fair value is estimated to be NT$87.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Aug 08
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to NT$106. The fair value is estimated to be NT$86.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.049 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.24 (up from NT$0.049 in 2Q 2024). Revenue: NT$1.20b (up 56% from 2Q 2024). Net income: NT$27.0m (up 390% from 2Q 2024). Profit margin: 2.3% (up from 0.7% 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 16% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 08
Upcoming dividend of NT$0.45 per share Eligible shareholders must have bought the stock before 15 July 2025. Payment date: 11 August 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.1%). Declared Dividend • Jun 19
Dividend increased to NT$0.45 Dividend of NT$0.45 is 50% higher than last year. Ex-date: 15th July 2025 Payment date: 11th August 2025 Dividend yield will be 0.5%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 54%. Cash payout ratio: 12%. Reported Earnings • May 06
First quarter 2025 earnings released: EPS: NT$0.24 (vs NT$0.002 in 1Q 2024) First quarter 2025 results: EPS: NT$0.24 (up from NT$0.002 in 1Q 2024). Revenue: NT$1.11b (up 59% from 1Q 2024). Net income: NT$26.6m (up NT$26.4m from 1Q 2024). Profit margin: 2.4% (up from 0% 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 54% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Apr 27
Ace Pillar Co., Ltd. to Report Q1, 2025 Results on May 05, 2025 Ace Pillar Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025 Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: NT$0.60 (vs NT$0.19 loss in FY 2023) Full year 2024 results: EPS: NT$0.60 (up from NT$0.19 loss in FY 2023). Revenue: NT$3.68b (up 21% from FY 2023). Net income: NT$67.4m (up NT$88.3m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance. Announcement • Feb 15
Ace Pillar Co., Ltd. to Report Fiscal Year 2024 Results on Feb 24, 2025 Ace Pillar Co., Ltd. announced that they will report fiscal year 2024 results on Feb 24, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.16 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.15 (up from NT$0.16 loss in 3Q 2023). Revenue: NT$995.8m (up 28% from 3Q 2023). Net income: NT$16.2m (up NT$33.8m from 3Q 2023). Profit margin: 1.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 162 percentage points per year, which is a significant difference in performance. Announcement • Oct 25
Ace Pillar Co., Ltd. to Report Q3, 2024 Results on Nov 01, 2024 Ace Pillar Co., Ltd. announced that they will report Q3, 2024 results on Nov 01, 2024 Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: NT$0.05 (vs NT$0.014 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.05 (up from NT$0.014 in 2Q 2023). Revenue: NT$766.6m (down 3.6% from 2Q 2023). Net income: NT$5.50m (up 239% from 2Q 2023). Profit margin: 0.7% (up from 0.2% in 2Q 2023). 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 142 percentage points per year, which is a significant difference in performance. Announcement • Jul 26
Ace Pillar Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024 Ace Pillar Co., Ltd. announced that they will report Q2, 2024 results on Aug 02, 2024 Declared Dividend • Jun 27
Dividend reduced to NT$0.30 Dividend of NT$0.30 is 40% lower than last year. Ex-date: 11th July 2024 Payment date: 8th August 2024 Dividend yield will be 0.4%, which is lower than the industry average of 5.0%. Announcement • Jun 26
Ace Pillar Co., Ltd Approves Cash Dividend, Payable on August 8, 2024 Ace Pillar Co., Ltd. at its shareholders meeting held on June 25, 2024, approved cash dividends TWD 33,675,146 (TWD 0.3 per share) of common stock. The dividend is payable on August 8, 2024 with Ex-rights (ex-dividend) trading date of July 11, 2024 and Ex-rights (ex-dividend) record date of July 7, 2024. New Risk • May 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. This is currently the only risk that has been identified for the company. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: NT$0.002 (vs NT$0.012 in 1Q 2023) First quarter 2024 results: EPS: NT$0.002 (down from NT$0.012 in 1Q 2023). Revenue: NT$702.4m (down 12% from 1Q 2023). Net income: NT$182.0k (down 87% from 1Q 2023). Profit margin: 0% (down from 0.2% in 1Q 2023). 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 86 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
Ace Pillar Co., Ltd. to Report Q1, 2024 Results on May 02, 2024 Ace Pillar Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 02, 2024 Reported Earnings • Mar 06
Full year 2023 earnings released: NT$0.19 loss per share (vs NT$0.70 profit in FY 2022) Full year 2023 results: NT$0.19 loss per share (down from NT$0.70 profit in FY 2022). Revenue: NT$3.05b (down 19% from FY 2022). Net loss: NT$20.9m (down 126% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Feb 29
Ace Pillar Co., Ltd.'S Board of Directors Approves Dividend Distribution for the Fiscal Year Ended December 31, 2023 Ace Pillar Co., Ltd.'s Board of Directors approved dividend distribution of TWD 0.3 per share for the fiscal year ended December 31, 2023. Announcement • Feb 28
Ace Pillar Co., Ltd., Annual General Meeting, May 28, 2024 Ace Pillar Co., Ltd., Annual General Meeting, May 28, 2024. Location: 25F., No. 558, Zhongyuan Rd., Xinzhuang Dist., New Taipei City New Taipei City Taiwan Agenda: To consider the Report of 2023 business; Audit Committee review Report; The 2023 Distribution of 2022 profits in cash dividends; To accept the 2023 Business Report and Financial Statements; To accept the proposal for the distribution of 2023 earnings; To lift non-competition restrictions on directors and their representatives; and to discuss other matters. Announcement • Feb 24
Ace Pillar Co., Ltd., Annual General Meeting, Jun 18, 2024 Ace Pillar Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: 3F., No. 47, Ln. 2, Sec.2, angfu Rd., East Dist., Hsinchu City Taiwan Agenda: To accept the 2023 Business Report and Financial Statements; to accept the proposal for distribution of 2023 profits; to lift non-competition restrictions on current. New Risk • Jan 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Third quarter 2023 earnings released: NT$0.16 loss per share (vs NT$0.024 profit in 3Q 2022) Third quarter 2023 results: NT$0.16 loss per share (down from NT$0.024 profit in 3Q 2022). Revenue: NT$780.1m (down 13% from 3Q 2022). Net loss: NT$17.6m (down NT$20.2m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.39 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.02 (down from NT$0.39 in 2Q 2022). Revenue: NT$795.4m (down 25% from 2Q 2022). Net income: NT$1.62m (down 96% from 2Q 2022). Profit margin: 0.2% (down from 4.1% in 2Q 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 12% per year. Upcoming Dividend • Jul 06
Upcoming dividend of NT$0.50 per share at 1.6% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.9%). Announcement • Jun 28
Ace Pillar Co., Ltd. Approves Cash Dividend, Payable on August 10, 2023 Ace Pillar Co., Ltd. at its shareholders meeting held on June 27, 2023, approved cash dividends TWD 56,125,244 (TWD 0.5 per share) of common stock. The dividend is payable on August 10, 2023 with Ex-rights (ex-dividend) trading date of July 13, 2023 and Ex-rights (ex-dividend) record date of July 20, 2023. New Risk • Jun 14
New major risk - Revenue and earnings growth Earnings have declined by 0.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Mar 10
Full year 2022 earnings released: EPS: NT$0.70 (vs NT$1.32 in FY 2021) Full year 2022 results: EPS: NT$0.70 (down from NT$1.32 in FY 2021). Revenue: NT$3.76b (up 5.8% from FY 2021). Net income: NT$82.3m (down 44% from FY 2021). Profit margin: 2.2% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 20% 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. 10 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 • Nov 05
Third quarter 2022 earnings released: EPS: NT$0.03 (vs NT$0.28 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.03 (down from NT$0.28 in 3Q 2021). Revenue: NT$897.8m (down 1.4% from 3Q 2021). Net income: NT$2.66m (down 92% from 3Q 2021). Profit margin: 0.3% (down from 3.5% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: NT$0.39 (vs NT$0.37 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.39 (up from NT$0.37 in 2Q 2021). Revenue: NT$1.04b (up 6.8% from 2Q 2021). Net income: NT$43.7m (up 5.9% from 2Q 2021). Profit margin: 4.2% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 11
Upcoming dividend of NT$0.90 per share Eligible shareholders must have bought the stock before 18 July 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (5.6%). Reported Earnings • May 04
First quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.44 in 1Q 2021) First quarter 2022 results: EPS: NT$0.35 (down from NT$0.44 in 1Q 2021). Revenue: NT$934.7m (up 6.4% from 1Q 2021). Net income: NT$39.8m (down 19% from 1Q 2021). Profit margin: 4.3% (down from 5.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. 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. 10 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 06
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: NT$3.55b (up 29% from FY 2020). Net income: NT$147.9m (up 70% from FY 2020). Profit margin: 4.2% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.0%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.24 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$910.8m (up 41% from 3Q 2020). Net income: NT$32.0m (up 16% from 3Q 2020). Profit margin: 3.5% (down from 4.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS NT$0.37 (vs NT$0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$974.1m (up 35% from 2Q 2020). Net income: NT$41.2m (up 84% from 2Q 2020). Profit margin: 4.2% (up from 3.1% 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 36% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 02
Upcoming dividend of NT$0.60 per share Eligible shareholders must have bought the stock before 09 August 2021. Payment date: 31 August 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.0%). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 21% share price gain to NT$38.40, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 12x in the Trade Distributors industry in Taiwan. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 16% share price gain to NT$30.10, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 13x in the Trade Distributors industry in Taiwan. Total returns to shareholders of 3.3% over the past three years. Reported Earnings • May 01
First quarter 2021 earnings released: EPS NT$0.44 (vs NT$0.096 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$878.1m (up 39% from 1Q 2020). Net income: NT$49.2m (up 357% from 1Q 2020). Profit margin: 5.6% (up from 1.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
Full year 2020 earnings released: EPS NT$0.78 (vs NT$0.78 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.75b (down 5.5% from FY 2019). Net income: NT$87.2m (up NT$161.0m from FY 2019). Profit margin: 3.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 03
New 90-day high: NT$29.35 The company is up 8.0% from its price of NT$27.30 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is up 3.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: NT$28.00 The company is up 16% from its price of NT$24.20 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is up 1.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.24 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$647.0m (down 3.2% from 3Q 2019). Net income: NT$27.5m (up NT$76.2m from 3Q 2019). Profit margin: 4.3% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 93% 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. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS NT$0.25 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$647.0m (down 3.2% from 3Q 2019). Net income: NT$27.5m (up NT$76.2m from 3Q 2019). Profit margin: 4.3% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 93% 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. Is New 90 Day High Low • Oct 14
New 90-day high: NT$27.90 The company is up 28% from its price of NT$21.80 on 16 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: NT$24.60 The company is up 12% from its price of NT$22.05 on 30 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 3.0% over the same period.