Announcement • Apr 16
Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, Jun 30, 2026 Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, Jun 30, 2026, at 09:00 Taipei Standard Time. Location: no,658, chung shan rd., shalu district, taichung city Taiwan Announcement • Mar 06
Yeong Guan Energy Technology Group Co., Ltd.(TWSE:1589) dropped from Taiwan TAIEX Index Yeong Guan Energy Technology Group Co. , Ltd. has been dropped from the Taiwan TAIEX Index New Risk • Feb 26
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 7.3% 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 (currently running at an operating cash loss). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (NT$1.65b market cap, or US$52.8m). Announcement • Nov 28
Yeong Guan Energy Technology Group Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 30.6 million. Yeong Guan Energy Technology Group Co., Ltd. has filed a Follow-on Equity Offering in the amount of TWD 30.6 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,700,000
Price\Range: TWD 18 Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$2.34 loss per share (vs NT$2.82 profit in 3Q 2024) Third quarter 2025 results: NT$2.34 loss per share (down from NT$2.82 profit in 3Q 2024). Revenue: NT$2.10b (up 13% from 3Q 2024). Net loss: NT$312.0m (down 194% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Nov 05
Yeong Guan Energy Technology Group Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025 Yeong Guan Energy Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025 Reported Earnings • Sep 03
Second quarter 2025 earnings released: NT$0.85 loss per share (vs NT$3.33 loss in 2Q 2024) Second quarter 2025 results: NT$0.85 loss per share (improved from NT$3.33 loss in 2Q 2024). Revenue: NT$2.08b (up 20% from 2Q 2024). Net loss: NT$113.0m (loss narrowed 71% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. New Risk • Aug 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$2.98b (US$99.8m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 62% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.98b market cap, or US$99.8m). Reported Earnings • May 16
First quarter 2025 earnings released: NT$1.87 loss per share (vs NT$4.62 loss in 1Q 2024) First quarter 2025 results: NT$1.87 loss per share (improved from NT$4.62 loss in 1Q 2024). Revenue: NT$1.67b (up 17% from 1Q 2024). Net loss: NT$248.3m (loss narrowed 55% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
Yeong Guan Energy Technology Group Co., Ltd. to Report Q1, 2025 Results on May 06, 2025 Yeong Guan Energy Technology Group Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025 Reported Earnings • Apr 02
Full year 2024 earnings released: NT$5.17 loss per share (vs NT$2.35 loss in FY 2023) Full year 2024 results: NT$5.17 loss per share (further deteriorated from NT$2.35 loss in FY 2023). Revenue: NT$7.20b (down 17% from FY 2023). Net loss: NT$626.3m (loss widened 132% from FY 2023). 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. Announcement • Mar 06
Yeong Guan Energy Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025 Yeong Guan Energy Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 06, 2025 Announcement • Nov 30
Yeong Guan Energy Technology Group Co., Ltd. Announces Resignation of Chen, Tien-Wen from the Functional Committee, Effective November 30, 2024 Yeong Guan Energy Technology Group Co., Ltd. announced resignation of Chen, Tien-Wen from the functional committee. Name of the functional committees: Audit Committee and Remuneration Committee; Resume of the previous position holder: Chairman of Chia Shih Construction Co., Ltd. Reason for the change: Resigned as independent director due to busy business. The company received the resignation letter from Independent Director Chen, Tien-Wen on November 29, 2024. The resignation will take effect on November 30, 2024. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$2.82 (vs NT$1.85 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$2.82 (up from NT$1.85 loss in 3Q 2023). Revenue: NT$1.85b (down 4.7% from 3Q 2023). Net income: NT$333.6m (up NT$551.9m from 3Q 2023). Profit margin: 18% (up from net loss in 3Q 2023). The move to profitability 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 71 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 52% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). Reported Earnings • Sep 04
Second quarter 2024 earnings released: NT$3.33 loss per share (vs NT$0.73 profit in 2Q 2023) Second quarter 2024 results: NT$3.33 loss per share (down from NT$0.73 profit in 2Q 2023). Revenue: NT$1.74b (down 26% from 2Q 2023). Net loss: NT$393.0m (down NT$474.2m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Aug 23
Yeong Guan Energy Technology Group Co., Ltd. Appoints Lee Rong as President, Effective September 1, 2024 Yeong Guan Energy Technology Group Co., Ltd. appointed Lee Rong as President, Effective September 1, 2024. Resume of the new position holder: Kao (China) Holding Co., Ltd. Director of the Fourth Business Division of the Foundry Chemicals Division. Announcement • Aug 15
Yeong Guan Energy Technology Group Co., Ltd. to Report Q2, 2024 Results on Aug 22, 2024 Yeong Guan Energy Technology Group Co., Ltd. announced that they will report Q2, 2024 results on Aug 22, 2024 Announcement • Jun 01
Yeong Guan Energy Technology Group Co., Ltd. Announces Retirement of Hsu, Ching-Hsiung as President Yeong Guan Energy Technology Group Co., Ltd. announced the retirement of Hsu, Ching-Hsiung as President. Resume of the previous position holder: Yeong Guan Energy Technology Group Company Limited. President. The new President will be announced separately after being appointed by the board of directors. The effective date of resignation is May 31, 2024. Announcement • May 02
Yeong Guan Energy Technology Group Co., Ltd. to Report Q1, 2024 Results on May 09, 2024 Yeong Guan Energy Technology Group Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 19
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: NT$2.35 loss per share (improved from NT$3.96 loss in FY 2022). Revenue: NT$8.67b (down 7.6% from FY 2022). Net loss: NT$269.7m (loss narrowed 39% from FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Mar 19
New major risk - Revenue and earnings growth Earnings have declined by 10% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 10% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Announcement • Mar 14
Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, May 31, 2024 Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, May 31, 2024. Location: 7th floor of Taiwan Design Materials Center No.185, Xinhu 1st Rd., Neihu District Taipei City Taiwan Agenda: To approve Business Report for Fiscal Year 2023; to approve Audit Committee's Review Report for Fiscal Year 2023; to approve Report on Distribution Plan of Employees Compensation and Directors; to approve Remuneration for Fiscal Year 2023; to approve Status of the Company's Issuance of Domestic Unsecured Convertible Bonds for Fiscal Year 2023; to approve ratification of the Business Report and Consolidated Financial Statements for Fiscal Year 2023; to approve ratification of the Proposal for Loss Appropriation for Fiscal Year 2023; and to consider other matters. Reported Earnings • Nov 14
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: NT$1.85 loss per share (further deteriorated from NT$1.21 loss in 3Q 2022). Revenue: NT$1.94b (down 22% from 3Q 2022). Net loss: NT$218.4m (loss widened 63% from 3Q 2022). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: NT$0.73 (up from NT$0.81 loss in 2Q 2022). Revenue: NT$2.34b (flat on 2Q 2022). Net income: NT$81.2m (up NT$171.2m from 2Q 2022). Profit margin: 3.5% (up from net loss in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. New Risk • Jul 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Reported Earnings • Mar 31
Full year 2022 earnings released: NT$3.96 loss per share (vs NT$1.95 profit in FY 2021) Full year 2022 results: NT$3.96 loss per share (down from NT$1.95 profit in FY 2021). Revenue: NT$9.38b (up 4.9% from FY 2021). Net loss: NT$438.5m (down 303% from profit in FY 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Taiwan are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Third quarter 2022 earnings: EPS misses analyst expectations Third quarter 2022 results: NT$1.21 loss per share (down from NT$0.27 profit in 3Q 2021). Revenue: NT$2.48b (up 9.3% from 3Q 2021). Net loss: NT$133.7m (down NT$164.0m from profit in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% 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. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director De-Wen Chang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: NT$0.81 loss per share (down from NT$1.27 profit in 2Q 2021). Revenue: NT$2.33b (up 4.3% from 2Q 2021). Net loss: NT$90.0m (down 164% from profit in 2Q 2021). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 28
Upcoming dividend of NT$0.60 per share Eligible shareholders must have bought the stock before 04 August 2022. Payment date: 31 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (9.2%). Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$58.00, the stock trades at a trailing P/E ratio of 29.7x. Average forward P/E is 11x in the Metals and Mining industry in Taiwan. Negligible returns to shareholders over past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Chia-Ming Wei was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$1.94 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.27b (down 6.6% from 3Q 2020). Net income: NT$30.2m (down 85% from 3Q 2020). Profit margin: 1.3% (down from 8.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS NT$1.27 (vs NT$1.82 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$2.23b (up 4.6% from 2Q 2020). Net income: NT$140.6m (down 27% from 2Q 2020). Profit margin: 6.3% (down from 9.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 20
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (1.6%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$1.13 (vs NT$1.06 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$2.15b (up 90% from 1Q 2020). Net income: NT$125.5m (up NT$237.9m from 1Q 2020). Profit margin: 5.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$4.81 (vs NT$1.54 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$8.18b (up 3.6% from FY 2019). Net income: NT$513.1m (up 215% from FY 2019). Profit margin: 6.3% (up from 2.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 20
Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, Jun 17, 2021 Yeong Guan Energy Technology Group Co., Ltd., Annual General Meeting, Jun 17, 2021. Price Target Changed • Mar 05
Price target lowered to NT$99.33 Down from NT$116, the current price target is an average from 3 analysts. The new target price is 23% above the current share price of NT$80.90. As of last close, the stock is up 37% over the past year. Major Estimate Revision • Mar 05
Analysts increase EPS estimates to NT$4.84 The 2020 consensus revenue estimate increased from NT$7.94b to NT$8.05b. The earnings per share estimate also received an upgrade from NT$4.18 to NT$4.84 for the same period. Net income is expected to grow by 35% next year compared to 48% growth forecast for the Metals and Mining industry in Taiwan. The consensus price target was lowered from NT$116 to NT$99.33. Share price is down by 1.8% to NT$80.90 over the past week. Is New 90 Day High Low • Jan 15
New 90-day low: NT$78.20 The company is down 19% from its price of NT$96.70 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$27.52 per share. Is New 90 Day High Low • Dec 22
New 90-day low: NT$79.00 The company is down 14% from its price of NT$92.00 on 23 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$28.87 per share. Is New 90 Day High Low • Dec 01
New 90-day low: NT$88.40 The company is down 15% from its price of NT$105 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$26.92 per share. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue behind estimates Revenue missed analyst estimates by 0.02%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.2%, compared to a 7.2% growth forecast for the Metals and Mining industry in Taiwan. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$1.94 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.43b (up 12% from 3Q 2019). Net income: NT$205.0m (up 159% from 3Q 2019). Profit margin: 8.4% (up from 3.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year. Price Target Changed • Nov 12
Price target lowered to NT$111 Down from NT$121, the current price target is an average from 2 analysts. The new target price is 22% above the current share price of NT$90.50. As of last close, the stock is up 39% over the past year. Is New 90 Day High Low • Nov 02
New 90-day low: NT$88.60 The company is down 6.0% from its price of NT$94.10 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 Metals and Mining industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$5.89 per share.