Reported Earnings • May 14
First quarter 2026 earnings released: EPS: NT$0.53 (vs NT$0.41 in 1Q 2025) First quarter 2026 results: EPS: NT$0.53 (up from NT$0.41 in 1Q 2025). Revenue: NT$184.8m (up 2.8% from 1Q 2025). Net income: NT$17.9m (up 30% from 1Q 2025). Profit margin: 9.7% (up from 7.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 16x in the Retail Distributors industry in Taiwan. Total returns to shareholders of 41% over the past three years. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$1.75 (vs NT$2.03 in FY 2024) Full year 2025 results: EPS: NT$1.75 (down from NT$2.03 in FY 2024). Revenue: NT$679.5m (down 3.5% from FY 2024). Net income: NT$58.6m (down 14% from FY 2024). Profit margin: 8.6% (down from 9.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% 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. Announcement • Mar 13
Dacome International Ltd., Annual General Meeting, Jun 24, 2026 Dacome International Ltd., Annual General Meeting, Jun 24, 2026. Location: 2-1 floor no,29, hai pien rd., lingya district, kaohsiung city Taiwan Board Change • Feb 25
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. 6 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.52 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.60 (up from NT$0.52 in 3Q 2024). Revenue: NT$174.7m (down 10% from 3Q 2024). Net income: NT$20.1m (up 15% from 3Q 2024). Profit margin: 12% (up from 9.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% 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. New Risk • Aug 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.2% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (112% payout ratio). Profit margins are more than 30% lower than last year (7.2% net profit margin). Market cap is less than US$100m (NT$762.5m market cap, or US$25.4m). Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.44 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.04 (down from NT$0.44 in 2Q 2024). Revenue: NT$137.7m (down 20% from 2Q 2024). Net income: NT$1.20m (down 92% from 2Q 2024). Profit margin: 0.9% (down from 8.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 12
Now 21% overvalued Over the last 90 days, the stock has fallen 1.0% to NT$24.65. The fair value is estimated to be NT$20.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%. Declared Dividend • Jul 31
Dividend of NT$1.70 announced Shareholders will receive a dividend of NT$1.70. Ex-date: 14th August 2025 Payment date: 9th September 2025 Dividend yield will be 7.0%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to NT$24.40. The fair value is estimated to be NT$20.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 16%. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.53 in 1Q 2024) First quarter 2025 results: EPS: NT$0.41 (down from NT$0.53 in 1Q 2024). Revenue: NT$179.7m (up 23% from 1Q 2024). Net income: NT$13.8m (down 22% from 1Q 2024). Profit margin: 7.7% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Retail Distributors industry in Taiwan. Total returns to shareholders of 6.7% over the past three years. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$2.03 (vs NT$2.52 in FY 2023) Full year 2024 results: EPS: NT$2.03 (down from NT$2.52 in FY 2023). Revenue: NT$704.4m (down 13% from FY 2023). Net income: NT$68.2m (down 20% from FY 2023). Profit margin: 9.7% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 10
Dacome International Ltd., Annual General Meeting, Jun 19, 2025 Dacome International Ltd., Annual General Meeting, Jun 19, 2025. Location: 2-1 floor no,29, hai pien rd., lingya district, kaohsiung city Taiwan 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$875.1m market cap, or US$26.9m). Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.52 (vs NT$0.97 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.52 (down from NT$0.97 in 3Q 2023). Revenue: NT$195.0m (down 13% from 3Q 2023). Net income: NT$17.5m (down 46% from 3Q 2023). Profit margin: 9.0% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.37 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.44 (up from NT$0.37 in 2Q 2023). Revenue: NT$171.4m (flat on 2Q 2023). Net income: NT$14.9m (up 19% from 2Q 2023). Profit margin: 8.7% (up from 7.4% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Upcoming Dividend • Aug 06
Upcoming dividend of NT$1.70 per share Eligible shareholders must have bought the stock before 13 August 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (3.5%). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.52 (vs NT$0.59 in 1Q 2023) First quarter 2024 results: EPS: NT$0.52 (down from NT$0.59 in 1Q 2023). Revenue: NT$145.8m (down 19% from 1Q 2023). Net income: NT$17.6m (down 12% from 1Q 2023). Profit margin: 12% (up from 11% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: NT$2.52 (vs NT$3.62 in FY 2022) Full year 2023 results: EPS: NT$2.52 (down from NT$3.62 in FY 2022). Revenue: NT$807.7m (down 15% from FY 2022). Net income: NT$84.8m (down 30% from FY 2022). Profit margin: 11% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Mar 09
Dacome International Ltd., Annual General Meeting, Jun 14, 2024 Dacome International Ltd., Annual General Meeting, Jun 14, 2024. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.81 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.37 (down from NT$0.81 in 2Q 2022). Revenue: NT$171.0m (down 34% from 2Q 2022). Net income: NT$12.6m (down 54% from 2Q 2022). Profit margin: 7.4% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 02
Upcoming dividend of NT$2.20 per share at 7.4% yield Eligible shareholders must have bought the stock before 09 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (5.0%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.38 (vs NT$0.90 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.38 (up from NT$0.90 in 3Q 2021). Revenue: NT$284.7m (down 5.8% from 3Q 2021). Net income: NT$46.5m (up 53% from 3Q 2021). Profit margin: 16% (up from 10.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.38 (vs NT$0.90 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.38 (up from NT$0.90 in 3Q 2021). Revenue: NT$284.7m (down 5.8% from 3Q 2021). Net income: NT$46.5m (up 53% from 3Q 2021). Profit margin: 16% (up from 10.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.81 (vs NT$0.28 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.81 (up from NT$0.28 in 2Q 2021). Revenue: NT$259.8m (up 34% from 2Q 2021). Net income: NT$27.2m (up 190% from 2Q 2021). Profit margin: 11% (up from 4.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 04
Upcoming dividend of NT$1.70 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 6.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (4.8%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.63 in 1Q 2021) First quarter 2022 results: EPS: NT$0.57 (down from NT$0.63 in 1Q 2021). Revenue: NT$170.1m (down 30% from 1Q 2021). Net income: NT$19.3m (down 9.1% from 1Q 2021). Profit margin: 11% (up from 8.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: NT$2.54 (vs NT$1.41 in FY 2020) Full year 2021 results: EPS: NT$2.54 (up from NT$1.41 in FY 2020). Revenue: NT$992.0m (up 95% from FY 2020). Net income: NT$85.4m (up 80% from FY 2020). Profit margin: 8.6% (down from 9.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS NT$0.90 (vs NT$0.51 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$302.4m (up 108% from 3Q 2020). Net income: NT$30.3m (up 78% from 3Q 2020). Profit margin: 10.0% (down from 12% 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 29% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$0.28 (vs NT$0.26 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$194.2m (up 56% from 2Q 2020). Net income: NT$9.37m (up 9.5% from 2Q 2020). Profit margin: 4.8% (down from 6.9% 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 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.63 (vs NT$0.23 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$241.6m (up 177% from 1Q 2020). Net income: NT$21.2m (up 173% from 1Q 2020). Profit margin: 8.8% (down from 8.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS NT$1.41 (vs NT$0.82 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$508.0m (up 24% from FY 2019). Net income: NT$47.3m (up 71% from FY 2019). Profit margin: 9.3% (up from 6.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 17
Dacome International Ltd., Annual General Meeting, Jun 11, 2021 Dacome International Ltd., Annual General Meeting, Jun 11, 2021. Is New 90 Day High Low • Mar 16
New 90-day low: NT$27.25 The company is down 3.0% from a price of NT$27.95 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Lagged the Retail Distributors industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 19% share price gain to NT$34.10, the stock is trading at a trailing P/E ratio of 29x, up from the previous P/E ratio of 24.2x. This compares to an average P/E of 18x in the Retail Distributors industry in Taiwan. Total return to shareholders over the past three years is a loss of 3.7%. Is New 90 Day High Low • Dec 28
New 90-day high: NT$31.00 The company is up 5.0% from its price of NT$29.40 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: NT$27.55 The company is down 1.0% from its price of NT$27.80 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 8.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.51 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$145.4m (up 44% from 3Q 2019). Net income: NT$17.1m (up 230% from 3Q 2019). Profit margin: 12% (up from 5.1% 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 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Sep 30
New 90-day high: NT$29.40 The company is up 1.0% from its price of NT$29.10 on 02 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 4.0% over the same period.