Altek Corporation

TWSE:3059 Stock Report

Market Cap: NT$10.9b

Altek Past Earnings Performance

Past criteria checks 3/6

Altek has been growing earnings at an average annual rate of 26.2%, while the Consumer Durables industry saw earnings growing at 6.8% annually. Revenues have been growing at an average rate of 10.3% per year. Altek's return on equity is 4.4%, and it has net margins of 4.2%.

Key information

26.2%

Earnings growth rate

25.5%

EPS growth rate

Consumer Durables Industry Growth6.7%
Revenue growth rate10.3%
Return on equity4.4%
Net Margin4.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Aug 17
Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Recent updates

Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Dec 25
Altek Corporation (TWSE:3059) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Altek's (TWSE:3059) Shareholders Will Receive A Smaller Dividend Than Last Year

Sep 18
Altek's (TWSE:3059) Shareholders Will Receive A Smaller Dividend Than Last Year

Altek's (TWSE:3059) Dividend Is Being Reduced To NT$0.70

Sep 04
Altek's (TWSE:3059) Dividend Is Being Reduced To NT$0.70

Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Aug 17
Altek's (TWSE:3059) Conservative Accounting Might Explain Soft Earnings

Why We're Not Concerned About Altek Corporation's (TWSE:3059) Share Price

Aug 09
Why We're Not Concerned About Altek Corporation's (TWSE:3059) Share Price

Does Altek Corporation's (TPE:3059) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Mar 18
Does Altek Corporation's (TPE:3059) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Is Altek (TPE:3059) Struggling?

Feb 28
Is Altek (TPE:3059) Struggling?

Altek (TPE:3059) Seems To Use Debt Rather Sparingly

Feb 10
Altek (TPE:3059) Seems To Use Debt Rather Sparingly

Does Altek's (TPE:3059) Share Price Gain of 43% Match Its Business Performance?

Jan 26
Does Altek's (TPE:3059) Share Price Gain of 43% Match Its Business Performance?

Is Altek Corporation (TPE:3059) A Strong Dividend Stock?

Jan 11
Is Altek Corporation (TPE:3059) A Strong Dividend Stock?

Altek (TPE:3059) Is Growing Earnings But Are They A Good Guide?

Dec 25
Altek (TPE:3059) Is Growing Earnings But Are They A Good Guide?

Altek Corporation's (TPE:3059) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Dec 10
Altek Corporation's (TPE:3059) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Is Altek (TPE:3059) Set To Make A Turnaround?

Nov 25
Is Altek (TPE:3059) Set To Make A Turnaround?

Revenue & Expenses Breakdown

How Altek makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:3059 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,5273186771,257
30 Jun 247,9413467121,335
31 Mar 248,4463616881,377
31 Dec 239,0993516951,407
30 Sep 2310,0473797511,284
30 Jun 2311,7653987161,428
31 Mar 2312,7094007081,557
31 Dec 2214,0284577211,734
30 Sep 2213,0713806561,728
30 Jun 2211,5283496061,638
31 Mar 2210,6783175741,556
31 Dec 219,0862255291,397
30 Sep 218,6032244611,451
30 Jun 217,7481714311,286
31 Mar 216,9701604061,158
31 Dec 206,1031603781,059
30 Sep 205,646125395849
30 Jun 205,606121399823
31 Mar 205,57990394803
31 Dec 196,18984383788
30 Sep 197,112105380799
30 Jun 198,623146389820
31 Mar 1910,581184409811
31 Dec 1811,194131413814
30 Sep 1811,662118392797
30 Jun 1811,21028387782
31 Mar 1810,228-45378826
31 Dec 1710,55313401875
30 Sep 1711,20892444965
30 Jun 1711,4971155381,008
31 Mar 1711,8131335081,027
31 Dec 1611,577544771,033
30 Sep 1611,231-14201,044
30 Jun 1612,1031843151,059
31 Mar 1612,3382243131,054
31 Dec 1512,4922742961,047
30 Sep 1512,654270289993
30 Jun 1512,379104273976
31 Mar 1514,206196282994
31 Dec 1415,431275294965
30 Sep 1416,141-118295955
30 Jun 1418,954-87300930
31 Mar 1418,956-204307877

Quality Earnings: 3059 has high quality earnings.

Growing Profit Margin: 3059's current net profit margins (4.2%) are higher than last year (3.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3059's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: 3059's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3059 had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (8.9%).

Return on Equity

High ROE: 3059's Return on Equity (4.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 11:29
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Altek Corporation is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jianzhang SuE.Sun Securities Investment Consulting Co. Ltd.
null nullIBTS Investment Consulting Co., Ltd.
Fu Li ChenJih Sun Securities Investment Consulting Co., Ltd.