Chang Wah Technology Future Growth

Future criteria checks 1/6

Chang Wah Technology is forecast to grow earnings and revenue by 10.1% and 8.9% per annum respectively while EPS is expected to grow by 9% per annum.

Key information

10.1%

Earnings growth rate

9.0%

EPS growth rate

Semiconductor earnings growth	20.5%
Revenue growth rate	8.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	11 Nov 2024

Recent future growth updates

Recent updates

Chang Wah Technology (GTSM:6548) Has A Pretty Healthy Balance Sheet

Apr 19

Chang Wah Technology's (GTSM:6548) Solid Profits Have Weak Fundamentals

Apr 01

Should We Be Excited About The Trends Of Returns At Chang Wah Technology (GTSM:6548)?

Mar 19

What Is Chang Wah Technology Co., Ltd.'s (GTSM:6548) Share Price Doing?

Mar 03

Shareholders of Chang Wah Technology (GTSM:6548) Must Be Delighted With Their 835% Total Return

Feb 16

Are Robust Financials Driving The Recent Rally In Chang Wah Technology Co., Ltd.'s (GTSM:6548) Stock?

Jan 28

Is Chang Wah Technology Co., Ltd. (GTSM:6548) A Smart Choice For Dividend Investors?

Jan 13

Does Chang Wah Technology (GTSM:6548) Have A Healthy Balance Sheet?

Dec 29

Chang Wah Technology Co., Ltd. (GTSM:6548) Will Pay A NT$0.40 Dividend In Three Days

Dec 12

Returns On Capital At Chang Wah Technology (GTSM:6548) Paint An Interesting Picture

Dec 09

Is Now An Opportune Moment To Examine Chang Wah Technology Co., Ltd. (GTSM:6548)?

Nov 17

Earnings and Revenue Growth Forecasts

TPEX:6548 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	13,125	1,896	687	2,569	3
12/31/2024	12,070	1,827	475	1,607	1
9/30/2024	11,738	1,649	1,361	1,839	N/A
6/30/2024	11,450	1,645	1,715	2,314	N/A
3/31/2024	11,488	1,621	1,795	2,755	N/A
12/31/2023	11,581	1,565	1,549	2,762	N/A
9/30/2023	12,000	1,675	2,077	3,307	N/A
6/30/2023	12,843	2,194	2,530	3,928	N/A
3/31/2023	13,630	2,494	2,507	3,993	N/A
12/31/2022	14,431	2,816	2,546	4,057	N/A
9/30/2022	14,765	3,020	2,160	3,632	N/A
6/30/2022	14,410	2,652	1,548	2,870	N/A
3/31/2022	13,703	2,179	1,207	2,284	N/A
12/31/2021	12,792	1,714	783	1,654	N/A
9/30/2021	11,804	1,290	341	1,177	N/A
6/30/2021	10,877	995	-83	790	N/A
3/31/2021	10,244	884	55	774	N/A
12/31/2020	9,678	774	320	987	N/A
9/30/2020	9,436	759	531	1,151	N/A
6/30/2020	9,505	667	866	1,390	N/A
3/31/2020	9,318	612	956	1,469	N/A
12/31/2019	9,320	607	924	1,466	N/A
9/30/2019	9,179	624	953	1,569	N/A
6/30/2019	9,247	694	1,000	1,643	N/A
3/31/2019	9,554	795	907	1,618	N/A
12/31/2018	9,785	843	647	1,455	N/A
9/30/2018	9,800	846	422	1,256	N/A
6/30/2018	9,538	757	N/A	1,168	N/A
3/31/2018	9,200	599	N/A	1,042	N/A
12/31/2017	7,505	431	N/A	1,020	N/A
9/30/2017	6,510	267	N/A	808	N/A
6/30/2017	4,362	108	N/A	438	N/A
3/31/2017	2,251	27	N/A	325	N/A
12/31/2016	1,668	45	N/A	156	N/A
9/30/2016	468	58	N/A	79	N/A
6/30/2016	439	69	N/A	89	N/A
3/31/2016	424	73	N/A	77	N/A
12/31/2015	378	59	N/A	39	N/A
9/30/2015	371	55	N/A	78	N/A
6/30/2015	388	58	N/A	84	N/A
3/31/2015	375	57	N/A	82	N/A
12/31/2014	394	63	N/A	95	N/A
12/31/2013	343	22	N/A	60	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6548's forecast earnings growth (10.1% per year) is above the savings rate (1.1%).

Earnings vs Market: 6548's earnings (10.1% per year) are forecast to grow slower than the TW market (19.2% per year).

High Growth Earnings: 6548's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6548's revenue (8.9% per year) is forecast to grow slower than the TW market (12.1% per year).

High Growth Revenue: 6548's revenue (8.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 6548's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 02:07
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Chang Wah Technology Co., Ltd. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Licheng Zhuang	Capital Securities Corporation
Jason Wang	Masterlink Securities Corp.
Warren Fu	SinoPac Securities Investment Service

Chang Wah Technology Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 30%

Consensus EPS estimates fall by 21%

Consensus EPS estimates fall by 12%

Price target increased by 20% to NT$45.00

Price target decreased to NT$34.00

Price target decreased to NT$108

Recent updates

Upcoming dividend of NT$0.41 per share

Third quarter 2024 earnings: EPS misses analyst expectations

Upcoming dividend of NT$0.41 per share

Second quarter 2024 earnings: EPS exceeds analyst expectations

Upcoming dividend of NT$0.41 per share

First quarter 2024 earnings released: EPS: NT$0.47 (vs NT$0.41 in 1Q 2023)

Consensus EPS estimates increase by 30%

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of NT$0.40 per share

Chang Wah Technology Co., Ltd., Annual General Meeting, May 30, 2024

New major risk - Revenue and earnings growth

Upcoming dividend of NT$0.40 per share at 4.7% yield

New minor risk - Profit margin trend

Consensus EPS estimates fall by 21%

Upcoming dividend of NT$0.40 per share at 4.5% yield

Second quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.84 in 2Q 2022)

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 19%

Upcoming dividend of NT$0.81 per share at 3.8% yield

Consensus EPS estimates fall by 12%

Price target increased by 20% to NT$45.00

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 18%

Upcoming dividend of NT$0.70 per share

Less than half of directors are independent

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to NT$34.00

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of NT$1.72 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to NT$108

Less than half of directors are independent

Price target decreased to NT$108

Full year 2021 earnings: EPS exceeds analyst expectations

Upcoming dividend of NT$0.68 per share

Third quarter 2021 earnings released: EPS NT$1.61 (vs NT$0.78 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$0.88 (vs NT$0.57 in 2Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of NT$0.92 per share

First quarter 2021 earnings released: EPS NT$0.67 (vs NT$0.36 in 1Q 2020)

Chang Wah Technology (GTSM:6548) Has A Pretty Healthy Balance Sheet

Chang Wah Technology's (GTSM:6548) Solid Profits Have Weak Fundamentals

Chang Wah Technology Co., Ltd., Annual General Meeting, Jun 07, 2021

Should We Be Excited About The Trends Of Returns At Chang Wah Technology (GTSM:6548)?

Full year 2020 earnings released: EPS NT$2.19 (vs NT$1.72 in FY 2019)

What Is Chang Wah Technology Co., Ltd.'s (GTSM:6548) Share Price Doing?

New 90-day high: NT$68.70

Shareholders of Chang Wah Technology (GTSM:6548) Must Be Delighted With Their 835% Total Return

Are Robust Financials Driving The Recent Rally In Chang Wah Technology Co., Ltd.'s (GTSM:6548) Stock?

New 90-day high: NT$66.00

Is Chang Wah Technology Co., Ltd. (GTSM:6548) A Smart Choice For Dividend Investors?

New 90-day high: NT$64.00

Does Chang Wah Technology (GTSM:6548) Have A Healthy Balance Sheet?

Chang Wah Technology Co., Ltd. (GTSM:6548) Will Pay A NT$0.40 Dividend In Three Days

Upcoming Dividend of NT$0.40 Per Share

Returns On Capital At Chang Wah Technology (GTSM:6548) Paint An Interesting Picture

Market bids up stock over the past week

New 90-day high: NT$49.25

Is Now An Opportune Moment To Examine Chang Wah Technology Co., Ltd. (GTSM:6548)?

Third quarter 2020 earnings released: EPS NT$0.78

Market bids up stock over the past week

New 90-day high: NT$42.60

New 90-day high: NT$40.80

First half earnings released

First half earnings released

New 90-day high - NT$36.50

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts