Danen Technology Corporation manufactures and sells solar ingots and wafers for photovoltaic applications worldwide. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Danen Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3686 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 3686's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.
7 Day Return
1 Year Return
Return vs Industry: 3686 exceeded the TW Semiconductor industry which returned 112.4% over the past year.
Return vs Market: 3686 exceeded the TW Market which returned 63.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Danen Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDanen Technology (TPE:3686) Is In A Good Position To Deliver On Growth Plans
2 months ago | Simply Wall StIntroducing Danen Technology (TPE:3686), The Stock That Zoomed 229% In The Last Year
3 months ago | Simply Wall StHere's Why We're Not Too Worried About Danen Technology's (TPE:3686) Cash Burn Situation
Is Danen Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 3686's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 3686's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 3686 is unprofitable, so we can't compare its PE Ratio to the TW Semiconductor industry average.
PE vs Market: 3686 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3686's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3686's PB Ratio (2.9x) is in line with the TW Semiconductor industry average.
How is Danen Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Danen 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.
How has Danen Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3686 is currently unprofitable.
Growing Profit Margin: 3686 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3686 is unprofitable, but has reduced losses over the past 5 years at a rate of 13.9% per year.
Accelerating Growth: Unable to compare 3686's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3686 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (27.5%).
Return on Equity
High ROE: 3686 has a negative Return on Equity (-5.44%), as it is currently unprofitable.
How is Danen Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3686's short term assets (NT$774.9M) exceed its short term liabilities (NT$109.6M).
Long Term Liabilities: 3686's short term assets (NT$774.9M) exceed its long term liabilities (NT$190.4M).
Debt to Equity History and Analysis
Debt Level: 3686 is debt free.
Reducing Debt: 3686 has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3686 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3686 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 32.7% each year
What is Danen Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3686's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3686's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3686's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3686's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3686 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3686's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Jenn-Ming Fang, also known as James, has been the Chairman of Danen Technology Corporation since August 2, 2016 and serves as its President. Mr. Feng has many years of research experience at the Electr...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether James's total compensation is reasonable compared to companies of similar size in the TW market.
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Experienced Board: 3686's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Danen Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Danen Technology Corporation
- Ticker: 3686
- Exchange: TSEC
- Founded: 2007
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: NT$2.270b
- Shares outstanding: 113.51m
- Website: https://www.danentech.com
Number of Employees
- Danen Technology Corporation
- No. 599, Huan-Nan Road
- Taoyuan High-Tech Industrial Park
- Taoyuan City
Danen Technology Corporation manufactures and sells solar ingots and wafers for photovoltaic applications worldwide. The company provides multi-crystalline solar wafers, ingots, and bricks; and customized ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 08:47|
|End of Day Share Price||2021/04/14 00:00|
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.