Reported Earnings • May 18
First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.34 loss in 1Q 2025) First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.34 loss in 1Q 2025). Revenue: NT$217.2m (down 6.0% from 1Q 2025). Net loss: NT$48.9m (loss narrowed 18% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 17
Full year 2025 earnings released: NT$2.94 loss per share (vs NT$1.36 loss in FY 2024) Full year 2025 results: NT$2.94 loss per share (further deteriorated from NT$1.36 loss in FY 2024). Revenue: NT$881.0m (down 9.2% from FY 2024). Net loss: NT$507.4m (loss widened 116% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 25, 2026 Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 1 floor no,8, tou kung rd., douliou city, yunlin county Taiwan Reported Earnings • Nov 19
Third quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.61 loss in 3Q 2024) Third quarter 2025 results: NT$0.42 loss per share (improved from NT$0.61 loss in 3Q 2024). Revenue: NT$215.1m (down 7.3% from 3Q 2024). Net loss: NT$72.4m (loss narrowed 32% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$1.56 loss per share (vs NT$0.33 loss in 2Q 2024) Second quarter 2025 results: NT$1.56 loss per share (further deteriorated from NT$0.33 loss in 2Q 2024). Revenue: NT$205.3m (down 13% from 2Q 2024). Net loss: NT$269.8m (loss widened 377% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Reported Earnings • May 19
First quarter 2025 earnings released: NT$0.34 loss per share (vs NT$0.001 loss in 1Q 2024) First quarter 2025 results: NT$0.34 loss per share (further deteriorated from NT$0.001 loss in 1Q 2024). Revenue: NT$231.1m (down 13% from 1Q 2024). Net loss: NT$59.3m (loss widened NT$59.2m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • May 01
Li Cheng Enterprise Co., Ltd. to Report Q1, 2025 Results on May 09, 2025 Li Cheng Enterprise Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Board Change • Apr 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director ChiChi Chang was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 21
Full year 2024 earnings released: NT$1.36 loss per share (vs NT$0.24 loss in FY 2023) Full year 2024 results: NT$1.36 loss per share (further deteriorated from NT$0.24 loss in FY 2023). Revenue: NT$970.0m (down 25% from FY 2023). Net loss: NT$235.4m (loss widened 463% from FY 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 10
Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 19, 2025 Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 19, 2025. Location: 1 floor no,8, tou kung rd., douliou city, yunlin county Taiwan Announcement • Feb 28
Li Cheng Enterprise Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025 Li Cheng Enterprise Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025 New Risk • Feb 21
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 6.4% 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 Risks Debt is not well covered by operating cash flow (5.2% operating cash flow to total debt). Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$2.53b market cap, or US$77.2m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.62 loss per share (vs NT$0.12 profit in 3Q 2023) Third quarter 2024 results: NT$0.62 loss per share (down from NT$0.12 profit in 3Q 2023). Revenue: NT$232.0m (down 35% from 3Q 2023). Net loss: NT$106.3m (down NT$127.3m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Nov 02
Li Cheng Enterprise Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024 Li Cheng Enterprise Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.33 loss per share (vs NT$0.063 loss in 2Q 2023) Second quarter 2024 results: NT$0.33 loss per share (further deteriorated from NT$0.063 loss in 2Q 2023). Revenue: NT$236.4m (down 10% from 2Q 2023). Net loss: NT$56.6m (loss widened 416% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Li Cheng Enterprise Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024 Li Cheng Enterprise Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024 Announcement • Jun 19
Li Cheng Enterprise Co., Ltd. Announces Directorate Appointments Li Cheng Enterprise Co., Ltd. announced appointment of Chang ChiChi and Huang Quanchi as independent directors. Resume of the new position holder: Chang ChiChi/LUHAI HOLDING CORP.-GM-ROOM (Assistant); Huang Quanchi/Rimei Co., Ltd. Manage. Effective date of the new appointment is June 18, 2024. Reported Earnings • May 19
First quarter 2024 earnings released First quarter 2024 results: Revenue: NT$267.0m (down 30% from 1Q 2023). Net loss: NT$161.0k (down 102% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 14
Full year 2023 earnings released: NT$0.24 loss per share (vs NT$0.46 loss in FY 2022) Full year 2023 results: NT$0.24 loss per share (improved from NT$0.46 loss in FY 2022). Revenue: NT$1.29b (down 7.6% from FY 2022). Net loss: NT$41.8m (loss narrowed 47% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 12
Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 18, 2024 Li Cheng Enterprise Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: Auditorium, 1F., No.5 Dou-Kung 12 Road, Dou-Liu City, Yun-Lin Hsien 640, Taiwan Douliu 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 Directors'and Employees' remuneration; and to transact such other business matters. New Risk • Mar 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.7m) 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.13b market cap, or US$99.7m). Reported Earnings • Aug 19
Second quarter 2023 earnings released: NT$0.06 loss per share (vs NT$0.20 loss in 2Q 2022) Second quarter 2023 results: NT$0.06 loss per share (improved from NT$0.20 loss in 2Q 2022). Revenue: NT$263.6m (down 24% from 2Q 2022). Net loss: NT$11.0m (loss narrowed 69% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: NT$0.13 (vs NT$0.58 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$0.13 (up from NT$0.58 loss in 3Q 2021). Revenue: NT$380.3m (up 251% from 3Q 2021). Net income: NT$21.8m (up NT$121.3m from 3Q 2021). Profit margin: 5.7% (up from net loss in 3Q 2021). 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 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2022 earnings released: NT$0.20 loss per share (vs NT$0.67 loss in 2Q 2021) Second quarter 2022 results: NT$0.20 loss per share (up from NT$0.67 loss in 2Q 2021). Revenue: NT$345.2m (up 106% from 2Q 2021). Net loss: NT$35.2m (loss narrowed 70% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
First quarter 2022 earnings released: NT$0.49 loss per share (vs NT$0.33 loss in 1Q 2021) First quarter 2022 results: NT$0.49 loss per share (down from NT$0.33 loss in 1Q 2021). Revenue: NT$241.9m (up 8.3% from 1Q 2021). Net loss: NT$85.4m (loss widened 48% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 03
Full year 2021 earnings released: NT$2.15 loss per share (vs NT$0.63 loss in FY 2020) Full year 2021 results: NT$2.15 loss per share (down from NT$0.63 loss in FY 2020). Revenue: NT$642.9m (down 47% from FY 2020). Net loss: NT$371.6m (loss widened 242% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.58 loss per share (vs NT$0.23 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$108.4m (down 67% from 3Q 2020). Net loss: NT$99.5m (loss widened 154% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.67 loss per share (vs NT$0.39 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$167.4m (down 21% from 2Q 2020). Net loss: NT$115.9m (loss widened 71% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
First quarter 2021 earnings released: NT$0.33 loss per share (vs NT$0.15 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$223.4m (down 44% from 1Q 2020). Net loss: NT$57.7m (down 322% from profit in 1Q 2020). 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 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$0.63 loss per share (vs NT$2.11 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$1.22b (down 47% from FY 2019). Net loss: NT$108.6m (down 130% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 34% 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. Is New 90 Day High Low • Jan 18
New 90-day low: NT$26.55 The company is down 6.0% from its price of NT$28.10 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: NT$0.23 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$330.9m (down 48% from 3Q 2019). Net loss: NT$39.1m (down 130% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 17% 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. Is New 90 Day High Low • Nov 02
New 90-day low: NT$26.65 The company is down 8.0% from its price of NT$29.10 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$26.90 The company is down 14% from its price of NT$31.25 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 Luxury industry, which is up 1.0% over the same period. 