Gigastorage Corporation

TWSE:2406 Stock Report

Market Cap: NT$5.3b

Gigastorage Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chi-Ming Chen

Chief executive officer

NT$4.3m

Total compensation

CEO salary percentage97.7%
CEO tenure4.9yrs
CEO ownership3.8%
Management average tenureno data
Board average tenure8.5yrs

Recent management updates

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?

CEO Compensation Analysis

How has Chi-Ming Chen's remuneration changed compared to Gigastorage's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NT$309m

Jun 30 2024n/an/a

-NT$242m

Mar 31 2024n/an/a

-NT$284m

Dec 31 2023NT$4mNT$4m

-NT$348m

Sep 30 2023n/an/a

-NT$283m

Jun 30 2023n/an/a

-NT$279m

Mar 31 2023n/an/a

-NT$209m

Dec 31 2022n/an/a

-NT$155m

Sep 30 2022n/an/a

-NT$115m

Jun 30 2022n/an/a

-NT$178m

Mar 31 2022n/an/a

-NT$228m

Dec 31 2021NT$4mNT$4m

NT$25m

Sep 30 2021n/an/a

NT$112m

Jun 30 2021n/an/a

NT$265m

Mar 31 2021n/an/a

NT$290m

Dec 31 2020NT$4mNT$4m

-NT$535m

Compensation vs Market: Chi-Ming's total compensation ($USD130.50K) is about average for companies of similar size in the TW market ($USD132.55K).

Compensation vs Earnings: Chi-Ming's compensation has increased whilst the company is unprofitable.

CEO

Chi-Ming Chen

4.9yrs

Tenure

NT$4,259,000

Compensation

Mr. Chi-Ming Chen serves as General Manager at Gigastorage Corporation since 2020 and also served as its President until April 1, 2024. He serves as Legal Chairman of the board of directors of Giga Solar M...

Board Members

NamePositionTenureCompensationOwnership
Chi-Ming Chen
GM & Chairman14.5yrsNT$4.26m3.75%
NT$ 197.6m
Ming-Lang Wang
Executive Director8.5yrsNT$510.00k0.0067%
NT$ 354.2k
Ching-Mei Tsai
Independent Director2.5yrsNT$510.00kno data
Su-Hui Chen
Director9.5yrsNT$60.00k2.57%
NT$ 135.5m
Jui-Yao Chien
Independent Director8.5yrsNT$500.00kno data
Min-Min Chen
Directorno dataNT$70.00k0.93%
NT$ 49.2m
Sheng-Min Chiu
Independent Directorno datano datano data
Jen-Yu Wei
Independent Directorno datano datano data
Chin-Mao Lin
Independent Directorno datano datano data

8.5yrs

Average Tenure

Experienced Board: 2406's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:12
End of Day Share Price 2024/12/20 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.