Executive Summary
Ecocera Optronics Co., Ltd. manufactures and sells ceramics circuit boards in Taiwan. More Details
Risk Analysis
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Ecocera Optronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6597 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: 6597's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of TW stocks.
Market Performance
7 Day Return
-13.3%
6597
2.3%
TW Electronic
2.0%
TW Market
1 Year Return
-4.8%
6597
18.9%
TW Electronic
29.6%
TW Market
Return vs Industry: 6597 underperformed the TW Electronic industry which returned 18.9% over the past year.
Return vs Market: 6597 underperformed the TW Market which returned 29.6% over the past year.
Shareholder returns
| 6597 | Industry | Market | |
|---|---|---|---|
| 7 Day | -13.3% | 2.3% | 2.0% |
| 30 Day | -12.5% | 12.1% | 10.4% |
| 90 Day | 48.3% | 24.5% | 21.8% |
| 1 Year | -4.8%-4.8% | 23.1%18.9% | 34.2%29.6% |
| 3 Year | -44.6%-44.6% | 33.9%18.0% | 55.3%37.8% |
| 5 Year | n/a | 115.9%76.8% | 138.4%96.5% |
Long-Term Price Volatility Vs. Market
How volatile is Ecocera Optronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Does Ecocera Optronics (GTSM:6597) Have A Healthy Balance Sheet?6 months ago | Simply Wall St
Here's Why Ecocera Optronics (GTSM:6597) Has A Meaningful Debt Burden7 months ago | Simply Wall St
How Does Ecocera Optronics's (GTSM:6597) P/E Compare To Its Industry, After Its Big Share Price Gain?Valuation
Is Ecocera Optronics undervalued compared to its fair value and its price relative to the market?
1.91x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 6597's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 6597's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 6597 is unprofitable, so we can't compare its PE Ratio to the TW Electronic industry average.
PE vs Market: 6597 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 6597's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6597 is overvalued based on its PB Ratio (1.9x) compared to the TW Electronic industry average (1.6x).
Next Steps
Future Growth
How is Ecocera Optronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.1%
Forecasted Tech 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 Ecocera Optronics 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.
Next Steps
- Take a look at our analysis of 6597’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Tech industry.
Past Performance
How has Ecocera Optronics performed over the past 5 years?
44.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6597 is currently unprofitable.
Growing Profit Margin: 6597 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6597 is unprofitable, but has reduced losses over the past 5 years at a rate of 44.6% per year.
Accelerating Growth: Unable to compare 6597's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6597 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (5.1%).
Return on Equity
High ROE: 6597 has a negative Return on Equity (-15.9%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ecocera Optronics's financial position?
Financial Position Analysis
Short Term Liabilities: 6597's short term assets (NT$300.9M) do not cover its short term liabilities (NT$354.5M).
Long Term Liabilities: 6597's short term assets (NT$300.9M) exceed its long term liabilities (NT$20.0M).
Debt to Equity History and Analysis
Debt Level: 6597's debt to equity ratio (111.8%) is considered high.
Reducing Debt: 6597's debt to equity ratio has increased from 96.3% to 111.8% over the past 5 years.
Balance Sheet
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: Insufficient data to determine if 6597 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6597 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Ecocera Optronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6597's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6597'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 6597's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6597's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6597's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Ecocera Optronics has no CEO, or we have no data on them.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ecocera Optronics Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ecocera Optronics Co., Ltd.
- Ticker: 6597
- Exchange: GTSM
- Founded: 2011
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$417.558m
- Shares outstanding: 20.93m
- Website: https://www.ecocera.com.tw
Number of Employees
Location
- Ecocera Optronics Co., Ltd.
- No. 303, Nanshan Road
- 2nd Floor
- Taoyuan
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6597 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Jan 2018 |
Biography
Ecocera Optronics Co., Ltd. manufactures and sells ceramics circuit boards in Taiwan. It offers direct plating copper products consisting high-power LED thermal dissipation substrates, LED thermal dissipat...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 17:17 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.