Hycon Technology
Market Cap
NT$6.0b
Last Updated
2021/04/11 08:53 UTC
Data Sources
Company Financials
Executive Summary
Hycon Technology Corporation designs, produces, and sells mixed signal microcontroller units, and battery management and touch panel ICs in Taiwan and China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Share Price & News
How has Hycon Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6457 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 6457's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of TW stocks.
Market Performance
7 Day Return
2.6%
6457
2.3%
TW Semiconductor
1.9%
TW Market
1 Year Return
201.4%
6457
120.1%
TW Semiconductor
66.4%
TW Market
Return vs Industry: 6457 exceeded the TW Semiconductor industry which returned 120.1% over the past year.
Return vs Market: 6457 exceeded the TW Market which returned 66.4% over the past year.
Shareholder returns
| 6457 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 2.3% | 1.9% |
| 30 Day | 62.9% | 3.8% | 4.8% |
| 90 Day | 62.2% | 9.7% | 9.9% |
| 1 Year | 210.0%201.4% | 125.8%120.1% | 72.2%66.4% |
| 3 Year | 616.8%512.0% | 161.4%133.1% | 71.1%51.6% |
| 5 Year | 628.9%446.6% | 334.1%260.7% | 132.3%91.0% |
Long-Term Price Volatility Vs. Market
How volatile is Hycon Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Does Hycon Technology (GTSM:6457) Have The DNA Of A Multi-Bagger?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Hycon Technology Corporation (GTSM:6457)2 months ago | Simply Wall St
How Does Hycon Technology Corporation (GTSM:6457) Stand Up To These Simple Dividend Safety Checks?Valuation
Is Hycon Technology undervalued compared to its fair value and its price relative to the market?
29.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6457 (NT$199.5) is trading below our estimate of fair value (NT$282.4)
Significantly Below Fair Value: 6457 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6457 is good value based on its PE Ratio (28.4x) compared to the TW Semiconductor industry average (30.2x).
PE vs Market: 6457 is poor value based on its PE Ratio (28.4x) compared to the TW market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6457's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6457 is overvalued based on its PB Ratio (8.9x) compared to the TW Semiconductor industry average (2.9x).
Future Growth
How is Hycon Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.3%
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hycon Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Hycon Technology performed over the past 5 years?
22.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6457 has high quality earnings.
Growing Profit Margin: 6457's current net profit margins (18%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: 6457's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: 6457's earnings growth over the past year (275.5%) exceeds its 5-year average (22.6% per year).
Earnings vs Industry: 6457 earnings growth over the past year (275.5%) exceeded the Semiconductor industry 27.5%.
Return on Equity
High ROE: 6457's Return on Equity (31.2%) is considered high.
Financial Health
How is Hycon Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6457's short term assets (NT$842.9M) exceed its short term liabilities (NT$260.2M).
Long Term Liabilities: 6457's short term assets (NT$842.9M) exceed its long term liabilities (NT$36.0M).
Debt to Equity History and Analysis
Debt Level: 6457 is debt free.
Reducing Debt: 6457 has not had any debt for past 5 years.
Debt Coverage: 6457 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6457 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Hycon Technology current dividend yield, its reliability and sustainability?
0.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6457's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.99%).
High Dividend: 6457's dividend (0.92%) is low compared to the top 25% of dividend payers in the TW market (4.8%).
Stability and Growth of Payments
Stable Dividend: 6457 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 6457 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6457 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6457's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Hycon Technology has no CEO, or we have no data on them.
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
Hycon Technology Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hycon Technology Corporation
- Ticker: 6457
- Exchange: GTSM
- Founded: 2007
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$5.956b
- Shares outstanding: 29.85m
- Website: https://www.hycontek.com
Location
- Hycon Technology Corporation
- No. 172, Chengde Road
- 5th Floor
- Taipei
- 11164
- Taiwan
Listings
Biography
Hycon Technology Corporation designs, produces, and sells mixed signal microcontroller units, and battery management and touch panel ICs in Taiwan and China. The company offers battery management ICs, such...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 08:53 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.