eMemory Technology Inc.

TPEX:3529 Stock Report

Market Cap: NT$200.2b

eMemory Technology Management

Management criteria checks 2/4

eMemory Technology's CEO is Michael Ho, appointed in Nov 2021, has a tenure of 4.67 years. directly owns 0.12% of the company’s shares, worth NT$247.24M. The average tenure of the management team and the board of directors is 3.1 years and 4.4 years respectively.

Key information

Michael Ho

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure4.7yrs
CEO ownership0.1%
Management average tenure3.1yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

Narrative Update Jul 03

3529: Stable Outlook Will Keep Rich Future P/E In Focus

Analysts have raised their fair value estimate for eMemory Technology from NT$2,435 to NT$3,000, citing updated assumptions on revenue growth, margin profile, and a modestly lower future P/E multiple. What's in the News No recent news items, periodical coverage, or key developments for eMemory Technology were provided in the available sources.
Narrative Update Jun 19

3529: Future Margin Strength And Richer P/E Will Support Bullish Fair Value

Analysts have revised their price target for eMemory Technology stock from NT$4,500 to NT$5,500, citing updated assumptions that combine a higher projected profit margin and future P/E multiple with adjusted views on revenue growth and the discount rate. What’s in the News for eMemory Technology No recent news stories for eMemory Technology are available from the provided sources.
Narrative Update Jun 03

3529: Stable Margins And P/E Assumptions Will Support Further Upside

Analysts have kept their fair value view steady at NT$4,558.33 per share while making only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. This has led to no material change in the overall price target for eMemory Technology.
Narrative Update May 20

3529: Higher Profit Margins Suggest Rich P E May Still Offer Upside

Analysts now estimate fair value for eMemory Technology at around NT$4,558, up from about NT$3,189. This reflects revised expectations based on a higher projected profit margin of 58.76% and a future P/E of roughly 83.81x.
Narrative Update May 05

3529: Fair Value View Will Rely On Future Margin And P/E Assumptions

Analysts now see eMemory Technology's fair value at NT$4,500, up from NT$3,958, citing revised assumptions for revenue growth, profit margins, discount rate, and future P/E as the key drivers behind the new price target. Valuation Changes Fair Value: NT$4,500, up from NT$3,958, indicating a higher assessed valuation for the stock.
Narrative Update Apr 20

3529: Rich P E Expectations Will Likely Limit Future Upside

Analysts have raised their fair value estimate for eMemory Technology from about NT$2,856 to around NT$3,189, citing projections that now incorporate slightly higher revenue growth, improved profit margins, a higher future P/E multiple, and a modestly lower discount rate. Valuation Changes Fair Value: The updated estimate has risen from NT$2,855.83 to NT$3,189.17.
Narrative Update Apr 06

3529: Stable Outlook Will Keep Rich Future P/E In Focus

Analysts kept their NT$2,435 price target for eMemory Technology steady. They cited only minor adjustments to inputs such as the discount rate, revenue growth outlook, profit margin assumptions, and future P/E that offset one another in their valuation work.
Narrative Update Mar 22

3529: Lower Growth And Margin Outlook Will Pressure Rich Future P/E

Analysts have revised their price target on eMemory Technology from NT$2,500 to NT$2,435, citing updated assumptions for revenue growth, profit margins, and a higher discount rate, partly offset by a higher future P/E multiple. Valuation Changes Fair Value: updated from NT$2,500.0 to NT$2,435.0, indicating a modest downward revision in the target valuation.
Narrative Update Mar 08

3529: Higher Margins And Disciplined P/E Will Support Future Upside

Analysts have nudged their 12 month price target for eMemory Technology slightly lower from NT$2,880 to about NT$2,856, reflecting updated views that combine more measured revenue growth assumptions with stronger profit margin expectations and a modestly lower future P/E multiple. Valuation Changes Fair Value: Adjusted slightly lower from NT$2,880.00 to about NT$2,855.83, reflecting more updated inputs.
Narrative Update Feb 22

3529: Higher Margin Outlook Will Support Long-Term Upside Despite Lower Future P/E

Analysts have raised their fair value estimate for eMemory Technology from NT$2,435 to NT$2,500, citing updated assumptions that combine a slightly lower discount rate and revenue growth outlook with a higher expected profit margin and a reduced future P/E multiple. Valuation Changes Fair Value: NT$2,435 to NT$2,500, a modest upward adjustment to the estimated intrinsic value.
Narrative Update Feb 08

3529: Disciplined P/E And Strong Margins Will Support Future Upside

Analysts have trimmed their fair value estimate for eMemory Technology from NT$2,930.83 to NT$2,880.00, citing slightly lower modeled revenue growth, a marginally reduced discount rate, and a small adjustment to assumed future P/E and profit margin. Valuation Changes Fair Value Estimate: Trimmed slightly from NT$2,930.83 to NT$2,880.00.
Narrative Update Jan 25

3529: Stronger Profit Outlook Will Support Long-Term Upside Despite Lower Future P/E

Analysts have trimmed their fair value estimate for eMemory Technology from NT$2,550 to about NT$2,435, citing updated assumptions that include a slightly higher discount rate, modestly stronger revenue growth and profit margin expectations, and a lower future P/E multiple. Valuation Changes Fair Value Estimate was reduced from NT$2,550 to about NT$2,435, implying a slightly more conservative overall appraisal.
Narrative Update Jan 09

3529: Higher Margins And disciplined P/E Will Support Future Upside Potential

Analysts have reduced their fair value estimate for eMemory Technology from $2,963.33 to $2,930.83, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that result in a slightly more conservative overall outlook. Valuation Changes Fair value estimate trimmed from NT$2,963.33 to NT$2,930.83, reflecting a slightly more conservative view on the stock’s worth.
Narrative Update Dec 21

3529: Stronger Revenue Outlook Will Support Long-Term Upside Despite Higher Risk

Analysts have maintained their fair value estimate for eMemory Technology at NT$2,550, reflecting offsetting revisions to assumptions such as a higher discount rate, faster anticipated revenue growth, slightly lower profit margins, and a modestly reduced future P/E multiple. Valuation Changes Fair Value Estimate remains unchanged at NT$2,550, indicating that the overall valuation outcome is stable despite underlying assumption tweaks.
Narrative Update Dec 07

3529: Strong Margins And Earnings Multiple Will Support Future Upside Potential

Analysts have modestly maintained their fair value estimate for eMemory Technology at approximately TWD 2,963.33 per share, citing a slightly lower discount rate and largely unchanged expectations for robust revenue growth, strong profit margins, and elevated future price earnings multiples as support for the sustained target level. Valuation Changes The fair value estimate remained unchanged at approximately NT$2,963.33 per share, indicating no revision to the underlying intrinsic value assessment.
Narrative Update Nov 23

3529: Higher Projected Revenue Will Offset Lower Margin Expectations

Analysts have revised their price target for eMemory Technology downward from NT$3,035 to approximately NT$2,963, citing updated expectations for higher revenue growth, lower profit margins, and a slight increase in discount rates. Valuation Changes Fair Value Estimate decreased moderately from NT$3,035 to approximately NT$2,963.
Narrative Update Aug 19

Edge AI And Post-Quantum Cryptography Will Shape Future Opportunities

The downward revision in eMemory Technology’s price target reflects concerns over a rising future P/E and a weakening net profit margin, resulting in a new consensus fair value of NT$3110. What's in the News eMemory Technology approved an amendment to its Articles of Incorporation at its AGM.
User avatar
New Narrative Nov 30

Cutting-Edge Innovation And Tactical Partnerships Propel Future Growth In AI And Security Markets

Strategic partnerships and advanced tech development position eMemory for future revenue growth and enhanced market position through licensing and royalties.

CEO Compensation Analysis

How has Michael Ho's remuneration changed compared to eMemory Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

NT$2b

Dec 31 2025n/an/a

NT$2b

Sep 30 2025n/an/a

NT$2b

Jun 30 2025n/an/a

NT$2b

Mar 31 2025n/an/a

NT$2b

Dec 31 2024NT$26mNT$14m

NT$2b

Sep 30 2024n/an/a

NT$2b

Jun 30 2024n/an/a

NT$2b

Mar 31 2024n/an/a

NT$2b

Dec 31 2023NT$4mNT$10k

NT$1b

Compensation vs Market: Insufficient data to establish whether Michael's total compensation is reasonable compared to companies of similar size in the TW market.

Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.


CEO

Michael Ho

4.7yrs
Tenure
NT$25,851,000
Compensation

Mr. Mingzhou Ho, also known as Michael, is President & Director of eMemory Technology Inc. from June 15, 2022. Mr. Ho was President of eMemory Technology Inc. from November 01, 2021 to June 15, 2022. Mr. H...


Leadership Team

NamePositionTenureCompensationOwnership
Mingzhou Ho
President & Director4.7yrsNT$25.85m0.12%
NT$ 247.2m
Chris Lu
Executive VP1.5yrsNT$16.47m0.15%
NT$ 302.6m
Li-Jeng Chen
Head of IR & Directorno dataNT$11.73m2.97%
NT$ 5.9b
Teresa Kuo
Accounting & Financial Officer14.9yrsno datano data
Hsin Chen
Senior VP & GM of BU21.5yrsno datano data
Joseph Hsia
Director of the Finance Departmentno datano datano data
3.1yrs
Average Tenure

Experienced Management: 3529's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mingzhou Ho
President & Director4.1yrsNT$25.85m0.12%
NT$ 247.2m
Chris Lu
Executive VP3yrsNT$16.47m0.15%
NT$ 302.6m
Li-Jeng Chen
Head of IR & Director11.1yrsNT$11.73m2.97%
NT$ 5.9b
Yuan-Chen Sun
Independent Director2.1yrsNT$3.35mno data
Qing-Xiang Hsu
Chairman25.9yrsNT$32.25m1.92%
NT$ 3.8b
Danny Perng
Independent Director2.1yrsNT$3.35mno data
Mu-Chuan Hsu
Director23.2yrsNT$3.39mno data
Tze-Chiang Chen
Independent Director10.1yrsNT$3.78mno data
Felix Hsu
Representative Director4.7yrsNT$30.00k0.041%
NT$ 82.0m
F.C. Tseng
Independent Director2.1yrsNT$3.39mno data
4.4yrs
Average Tenure

Experienced Board: 3529's board of directors are considered experienced (4.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 17:40
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

eMemory Technology Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sebastian HouBarclays
Mike YangBofA Global Research
Yu-Pin HsiaHSBC