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Market Cap

NT$43.7b

Last Updated

2021/04/17 08:33 UTC

Data Sources

Company Financials +

Executive Summary

Xintec Inc. operates as a three dimensional (3D) wafer level chip scale packaging company in Taiwan, the United States, Europe, and Asia. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Xintec's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3374 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 3374's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-8.0%

3374

-0.5%

TW Semiconductor

1.4%

TW Market


1 Year Return

102.8%

3374

102.7%

TW Semiconductor

62.2%

TW Market

Return vs Industry: 3374 matched the TW Semiconductor industry which returned 102.7% over the past year.

Return vs Market: 3374 exceeded the TW Market which returned 62.2% over the past year.


Shareholder returns

3374IndustryMarket
7 Day-8.0%-0.5%1.4%
30 Day-7.7%3.3%5.8%
90 Day-16.6%5.7%10.5%
1 Year102.8%102.8%107.9%102.7%67.8%62.2%
3 Year159.3%159.3%172.8%143.1%77.2%56.9%
5 Year505.3%490.8%343.1%268.1%141.8%98.7%

Long-Term Price Volatility Vs. Market

How volatile is Xintec's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xintec undervalued compared to its fair value and its price relative to the market?

8.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3374 (NT$161) is trading below our estimate of fair value (NT$176.27)

Significantly Below Fair Value: 3374 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 3374 is good value based on its PE Ratio (25.3x) compared to the TW Semiconductor industry average (29.2x).

PE vs Market: 3374 is poor value based on its PE Ratio (25.3x) compared to the TW market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: 3374 is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: 3374 is overvalued based on its PB Ratio (8.7x) compared to the TW Semiconductor industry average (2.9x).


Future Growth

How is Xintec forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

16.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3374's forecast earnings growth (16.8% per year) is above the savings rate (0.8%).

Earnings vs Market: 3374's earnings (16.8% per year) are forecast to grow faster than the TW market (16.2% per year).

High Growth Earnings: 3374's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3374's revenue (12.3% per year) is forecast to grow faster than the TW market (10.4% per year).

High Growth Revenue: 3374's revenue (12.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3374's Return on Equity is forecast to be high in 3 years time (31.6%)


Past Performance

How has Xintec performed over the past 5 years?

34.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3374 has high quality earnings.

Growing Profit Margin: 3374's current net profit margins (23.7%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: 3374 has become profitable over the past 5 years, growing earnings by 34.7% per year.

Accelerating Growth: 3374's earnings growth over the past year (822.2%) exceeds its 5-year average (34.7% per year).

Earnings vs Industry: 3374 earnings growth over the past year (822.2%) exceeded the Semiconductor industry 27.7%.


Return on Equity

High ROE: 3374's Return on Equity (34.4%) is considered high.


Financial Health

How is Xintec's financial position?


Financial Position Analysis

Short Term Liabilities: 3374's short term assets (NT$3.2B) exceed its short term liabilities (NT$2.0B).

Long Term Liabilities: 3374's short term assets (NT$3.2B) exceed its long term liabilities (NT$752.5M).


Debt to Equity History and Analysis

Debt Level: 3374's debt to equity ratio (8.8%) is considered satisfactory.

Reducing Debt: 3374's debt to equity ratio has reduced from 23.8% to 8.8% over the past 5 years.

Debt Coverage: 3374's debt is well covered by operating cash flow (537.1%).

Interest Coverage: 3374's interest payments on its debt are well covered by EBIT (85.7x coverage).


Balance Sheet


Dividend

What is Xintec current dividend yield, its reliability and sustainability?

1.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3374's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.94%).

High Dividend: 3374's dividend (1.55%) is low compared to the top 25% of dividend payers in the TW market (4.78%).


Stability and Growth of Payments

Stable Dividend: 3374's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3374's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.3%), 3374's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 3374's dividends in 3 years are forecast to be well covered by earnings (39.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average board tenure


CEO

Chia Hsiang Chen

3.75yrs

Tenure

NT$9,657,000

Compensation

Mr. Chia Hsiang Chen serves as the President of Xintec Inc. since July 01, 2017 and has been its Chairman of the Board since June 30, 2017. Mr. Chen serves as the President of TSMC China Company Limited an...


CEO Compensation Analysis

Compensation vs Market: Chia Hsiang's total compensation ($USD340.63K) is about average for companies of similar size in the TW market ($USD348.46K).

Compensation vs Earnings: Chia Hsiang's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 3374's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xintec Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xintec Inc.
  • Ticker: 3374
  • Exchange: GTSM
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: NT$43.690b
  • Shares outstanding: 271.36m
  • Website: https://www.xintec.com.tw

Number of Employees


Location

  • Xintec Inc.
  • No. 23, Jilin Road
  • 9th Floor
  • Taoyuan City
  • 32062
  • Taiwan

Listings


Biography

Xintec Inc. operates as a three dimensional (3D) wafer level chip scale packaging company in Taiwan, the United States, Europe, and Asia. The company offers optical sensor chip-scale package technology for...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/17 08:33
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.