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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


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

6457IndustryMarket
7 Day2.6%2.3%1.9%
30 Day62.9%3.8%4.8%
90 Day62.2%9.7%9.9%
1 Year210.0%201.4%125.8%120.1%72.2%66.4%
3 Year616.8%512.0%161.4%133.1%71.1%51.6%
5 Year628.9%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 08:53
End of Day Share Price2021/04/09 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.