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Gigastorage TWSE:2406 Stock Report

Last Price

NT$15.00

Market Cap

NT$5.3b

7D

-6.3%

1Y

-9.4%

Updated

19 Dec, 2024

Data

Company Financials

2406 Stock Overview

Operates in the optoelectronics industry in Taiwan, Mainland China, and internationally. More details

2406 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Gigastorage Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gigastorage
Historical stock prices
Current Share PriceNT$15.00
52 Week HighNT$28.65
52 Week LowNT$14.85
Beta0.63
1 Month Change-11.24%
3 Month Change-23.47%
1 Year Change-9.37%
3 Year Change-57.87%
5 Year Change19.05%
Change since IPO-89.10%

Recent News & Updates

Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 05
Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Recent updates

Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 05
Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

We Think Gigastorage (TWSE:2406) Has A Fair Chunk Of Debt

Jun 26
We Think Gigastorage (TWSE:2406) Has A Fair Chunk Of Debt

Improved Revenues Required Before Gigastorage Corporation (TWSE:2406) Shares Find Their Feet

May 14
Improved Revenues Required Before Gigastorage Corporation (TWSE:2406) Shares Find Their Feet

Returns On Capital Signal Difficult Times Ahead For Gigastorage (TPE:2406)

Apr 16
Returns On Capital Signal Difficult Times Ahead For Gigastorage (TPE:2406)

Does Gigastorage (TPE:2406) Have A Healthy Balance Sheet?

Mar 07
Does Gigastorage (TPE:2406) Have A Healthy Balance Sheet?

Gigastorage's(TPE:2406) Share Price Is Down 67% Over The Past Five Years.

Jan 31
Gigastorage's(TPE:2406) Share Price Is Down 67% Over The Past Five Years.

Is Gigastorage (TPE:2406) Headed For Trouble?

Dec 27
Is Gigastorage (TPE:2406) Headed For Trouble?

Is Gigastorage (TPE:2406) Using Too Much Debt?

Nov 22
Is Gigastorage (TPE:2406) Using Too Much Debt?

Shareholder Returns

2406TW SemiconductorTW Market
7D-6.3%1.0%-0.6%
1Y-9.4%56.4%28.2%

Return vs Industry: 2406 underperformed the TW Semiconductor industry which returned 56.7% over the past year.

Return vs Market: 2406 underperformed the TW Market which returned 28.9% over the past year.

Price Volatility

Is 2406's price volatile compared to industry and market?
2406 volatility
2406 Average Weekly Movement4.2%
Semiconductor Industry Average Movement5.2%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2406 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2406's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aChi-Ming Chenwww.gigastorage.com.tw

Gigastorage Corporation operates in the optoelectronics industry in Taiwan, Mainland China, and internationally. The company operates in Silicon Products Division, Photovoltaic Materials Division, and Solar Power Plant Division segments. The Silicon Products Division segment produces, processes, and sells solar silicon accessories and wafers; and diamond wires.

Gigastorage Corporation Fundamentals Summary

How do Gigastorage's earnings and revenue compare to its market cap?
2406 fundamental statistics
Market capNT$5.26b
Earnings (TTM)-NT$309.17m
Revenue (TTM)NT$7.18b

0.7x

P/S Ratio

-17.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2406 income statement (TTM)
RevenueNT$7.18b
Cost of RevenueNT$6.78b
Gross ProfitNT$396.84m
Other ExpensesNT$706.01m
Earnings-NT$309.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.88
Gross Margin5.53%
Net Profit Margin-4.31%
Debt/Equity Ratio87.8%

How did 2406 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:49
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Gigastorage Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullE.Sun Securities Investment Consulting Co. Ltd.
Zixian LiangKGI Securities Co. Ltd.
Harshal MoholkarVirtua Research Inc.