Winbond Electronics Future Growth

Future criteria checks 4/6

Winbond Electronics is forecast to grow earnings and revenue by 124.4% and 15% per annum respectively while EPS is expected to grow by 124.3% per annum.

Key information

124.4%

Earnings growth rate

124.3%

EPS growth rate

Semiconductor earnings growth	19.1%
Revenue growth rate	15.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	17 Feb 2024

Recent future growth updates

Recent updates

Is Winbond Electronics (TPE:2344) Using Too Much Debt?

Apr 25

Winbond Electronics Corporation's (TPE:2344) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Mar 03

Here's What To Make Of Winbond Electronics' (TPE:2344) Returns On Capital

Feb 05

These 4 Measures Indicate That Winbond Electronics (TPE:2344) Is Using Debt Extensively

Jan 15

Winbond Electronics (TPE:2344) Has Rewarded Shareholders With An Exceptional 300% Total Return On Their Investment

Dec 25

We're Not So Sure You Should Rely on Winbond Electronics's (TPE:2344) Statutory Earnings

Dec 08

Winbond Electronics Corporation's (TPE:2344) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Nov 20

Earnings and Revenue Growth Forecasts

TWSE:2344 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	100,760	8,564	-621	17,119	3
12/31/2024	87,112	3,451	-5,354	16,994	3
3/31/2024	77,612	-600	-15,321	4,851	N/A
12/31/2023	75,006	-1,147	-10,518	3,601	N/A
9/30/2023	75,056	-225	-40,286	2,207	N/A
6/30/2023	77,696	2,558	-18,150	3,991	N/A
3/31/2023	85,532	7,357	-34,476	8,047	N/A
12/31/2022	94,530	12,927	-26,792	15,754	N/A
9/30/2022	101,302	16,575	20,925	24,169	N/A
6/30/2022	106,171	18,384	-271	30,454	N/A
3/31/2022	104,758	16,567	24,828	33,369	N/A
12/31/2021	99,570	13,595	18,259	28,393	N/A
9/30/2021	93,922	9,751	14,061	23,366	N/A
6/30/2021	82,941	5,604	6,819	16,894	N/A
3/31/2021	70,460	2,977	3,891	12,886	N/A
12/31/2020	60,683	1,304	2,578	11,439	N/A
9/30/2020	52,788	741	1,043	10,324	N/A
6/30/2020	50,175	1,001	-381	10,012	N/A
3/31/2020	49,434	754	-1,591	10,250	N/A
12/31/2019	48,771	1,256	-3,053	10,576	N/A
9/30/2019	48,187	2,347	-6,368	9,825	N/A
6/30/2019	48,447	4,596	-2,252	11,174	N/A
3/31/2019	49,921	6,289	-2,287	11,774	N/A
12/31/2018	51,190	7,446	-3,422	13,533	N/A
9/30/2018	52,528	8,357	276	15,097	N/A
6/30/2018	51,397	7,601	-1,774	14,971	N/A
3/31/2018	49,323	6,436	-4,413	13,899	N/A
12/31/2017	47,592	5,551	N/A	12,143	N/A
9/30/2017	45,161	4,580	N/A	10,537	N/A
6/30/2017	43,344	3,156	N/A	10,148	N/A
3/31/2017	42,430	2,808	N/A	10,314	N/A
12/31/2016	42,092	2,898	N/A	9,991	N/A
9/30/2016	41,157	2,896	N/A	9,208	N/A
6/30/2016	39,958	2,909	N/A	8,287	N/A
3/31/2016	38,713	3,067	N/A	7,483	N/A
12/31/2015	38,350	3,291	N/A	7,659	N/A
9/30/2015	38,075	3,528	N/A	7,938	N/A
6/30/2015	38,472	3,783	N/A	8,279	N/A
3/31/2015	38,962	3,696	N/A	9,017	N/A
12/31/2014	37,990	3,076	N/A	9,135	N/A
9/30/2014	36,730	2,084	N/A	8,913	N/A
6/30/2014	35,108	1,292	N/A	8,967	N/A
3/31/2014	34,211	950	N/A	8,708	N/A
12/31/2013	33,135	207	N/A	7,258	N/A
9/30/2013	32,700	-422	N/A	7,085	N/A
6/30/2013	32,931	-883	N/A	5,695	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2344 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: 2344 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2344 is expected to become profitable in the next 3 years.

Revenue vs Market: 2344's revenue (15% per year) is forecast to grow faster than the TW market (10.6% per year).

High Growth Revenue: 2344's revenue (15% 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 2344's Return on Equity is forecast to be high in 3 years time

Winbond Electronics Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 29%

Consensus EPS estimates increase by 25%

Consensus EPS estimates fall by 19%

Price target increased by 7.9% to NT$28.38

Consensus revenue estimates decrease by 11%

Price target increased by 8.7% to NT$26.30

Recent updates

Winbond Electronics Corporation has filed a Follow-on Equity Offering.

First quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.25 loss in 1Q 2023)

Winbond Extends Its Secure Flash Family with New Memory Densities, PQC Support and Secure Supply Chain Management

Full year 2023 earnings: EPS misses analyst expectations

Winbond Electronics Corporation, Annual General Meeting, May 09, 2024

New minor risk - Share price stability

New minor risk - Shareholder dilution

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of NT$1.00 per share at 3.7% yield

Winbond Electronics Corporation Announces Cash Dividend, Payable on October 6, 2023

Winbond Electronics Corporation Announces Cash Dividend, Payable on October 6, 2023

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 29%

Winbond Electronics Corporation Announces 8Mb 3V NOR W25Q80RV

Winbond Electronics Corporation Announces the Replacement of Members of Compensation Committee

Consensus EPS estimates increase by 25%

Consensus EPS estimates fall by 19%

Price target increased by 7.9% to NT$28.38

Consensus revenue estimates decrease by 11%

Price target increased by 8.7% to NT$26.30

Full year 2022 earnings: EPS and revenues miss analyst expectations

Winbond Electronics Corporation Announces Appointment of Shui-Pao Wu as Chief Information Security Officer

Winbond Electronics Corporation Adopts Low Temperature Soldering (Lts) to Slow the Pace of Global Warming

Price target decreased to NT$24.25

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Winbond Electronics Corporation Receives ISO/SAE 21434 Certification from TUV NORD for Road Vehicles Cybersecurity Management System

Second quarter 2022 earnings: EPS exceeds analyst expectations

Winbond Electronics Corporation Appoints Eungjoon Park as Chief Strategy Officer

Investor sentiment deteriorated over the past week

Price target decreased to NT$29.63

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.00 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Consensus forecasts updated

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Winbond Electronics Par Ord Sponsored GDR to Be Deleted from Other OTC

Third quarter 2021 earnings released: EPS NT$1.13 (vs NT$0.083 in 3Q 2020)

Investor sentiment deteriorated over the past week

Winbond Electronics Corporation Announces Successful Interoperability of OctalNAND Flash with Synopsys Designware Amba IP Delivers Complete High-Density NAND Flash Memory Solution

Price target increased to NT$40.14

Upcoming dividend of NT$0.20 per share

Winbond Electronics Corporation Unveils New 1.8V 512Mb SPI Nor Flash for 5G and Other High-End Server Applications

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.022 loss in 1Q 2020)

Price target increased to NT$36.93

Is Winbond Electronics (TPE:2344) Using Too Much Debt?

Winbond Electronics Corporation Proposes Cash Dividend for the Second Half Ended December 31, 2020

Winbond Electronics Corporation's (TPE:2344) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Analysts update estimates

Full year 2020 earnings released: EPS NT$0.33 (vs NT$0.32 in FY 2019)

Revenue and earnings beat expectations

New 90-day high: NT$31.50

Here's What To Make Of Winbond Electronics' (TPE:2344) Returns On Capital

Winbond Electronics Corporation Reveals Low-Power, High-Performance LPDDR4X DRAM Technology

Analysts update estimates

These 4 Measures Indicate That Winbond Electronics (TPE:2344) Is Using Debt Extensively

Winbond Electronics (TPE:2344) Has Rewarded Shareholders With An Exceptional 300% Total Return On Their Investment

New 90-day high: NT$26.70

Analysts update estimates

We're Not So Sure You Should Rely on Winbond Electronics's (TPE:2344) Statutory Earnings

New 90-day high: NT$19.95

Analysts update estimates

Winbond Electronics Corporation's (TPE:2344) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: EPS NT$0.08