Planet Technology Balance Sheet Health

Financial Health criteria checks 6/6

Planet Technology has a total shareholder equity of NT$1.6B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.1B and NT$504.3M respectively. Planet Technology's EBIT is NT$602.4M making its interest coverage ratio -33.6. It has cash and short-term investments of NT$1.5B.

Key information

Debt to equity ratio

NT$0

Debt

Interest coverage ratio	-33.6x
Cash	NT$1.48b
Equity	NT$1.59b
Total liabilities	NT$504.28m
Total assets	NT$2.09b

Recent financial health updates

No updates

Recent updates

Planet Technology's (GTSM:6263) Returns Have Hit A Wall

Apr 19

Should You Buy Planet Technology Corporation (GTSM:6263) For Its Dividend?

Mar 31

Its Easy to Overlook Planet Technology Corporation (GTSM:6263) But Its Strong Financial Prospects Might Make You Want To Stop and Notice

Mar 11

Estimating The Intrinsic Value Of Planet Technology Corporation (GTSM:6263)

Feb 11

Planet Technology (GTSM:6263) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment

Jan 27

The Returns At Planet Technology (GTSM:6263) Provide Us With Signs Of What's To Come

Jan 12

Is Planet Technology Corporation (GTSM:6263) A Risky Dividend Stock?

Dec 28

Could The Market Be Wrong About Planet Technology Corporation (GTSM:6263) Given Its Attractive Financial Prospects?

Dec 11

We Wouldn't Rely On Planet Technology's (GTSM:6263) Statutory Earnings As A Guide

Nov 24

Financial Position Analysis

Short Term Liabilities: 6263's short term assets (NT$1.9B) exceed its short term liabilities (NT$405.7M).

Long Term Liabilities: 6263's short term assets (NT$1.9B) exceed its long term liabilities (NT$98.6M).

Debt to Equity History and Analysis

Debt Level: 6263 is debt free.

Reducing Debt: 6263 has not had any debt for past 5 years.

Debt Coverage: 6263 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6263 has no debt, therefore coverage of interest payments is not a concern.

Planet Technology Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Third quarter 2024 earnings released: EPS: NT$2.07 (vs NT$2.03 in 3Q 2023)

Planet Technology Corporation to Report Q3, 2024 Results on Nov 11, 2024

Now 25% overvalued after recent price rise

New major risk - Dividend sustainability

Second quarter 2024 earnings released: EPS: NT$2.34 (vs NT$2.32 in 2Q 2023)

Now 21% undervalued after recent price drop

Planet Technology Corporation to Report Q2, 2024 Results on Aug 13, 2024

Upcoming dividend of NT$7.40 per share

First quarter 2024 earnings released: EPS: NT$1.86 (vs NT$1.81 in 1Q 2023)

Now 21% overvalued

Planet Technology Corporation to Report Q1, 2024 Results on May 08, 2024

Planet Technology Corporation to Report Q1, 2024 Results on May 08, 2024

Now 21% overvalued after recent price rise

Full year 2023 earnings released: EPS: NT$8.12 (vs NT$7.01 in FY 2022)

Planet Technology Corporation, Annual General Meeting, May 24, 2024

Now 21% undervalued

Third quarter 2023 earnings released: EPS: NT$2.03 (vs NT$1.78 in 3Q 2022)

Second quarter 2023 earnings released: EPS: NT$2.32 (vs NT$1.76 in 2Q 2022)

Now 20% undervalued

Upcoming dividend of NT$6.40 per share at 4.8% yield

Now 22% undervalued

Planet Technology Corporation Announces Cash Dividends, Payable on August 25, 2023

First quarter 2023 earnings released: EPS: NT$1.81 (vs NT$1.25 in 1Q 2022)

Planet Technology Corporation Appoints Chen,Chun-Mei as Director

Planet Technology Corporation Appoints Chen,Chun-Mei to Remuneration Committee

Full year 2022 earnings released: EPS: NT$7.01 (vs NT$5.14 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$1.77 (vs NT$1.27 in 3Q 2021)

Upcoming dividend of NT$4.70 per share

Planet Technology Corporation Announces Cash Dividends, Payable on August 26, 2022

Planet Technology Corporation Approves Cash Dividend for 2021

First quarter 2022 earnings released: EPS: NT$1.25 (vs NT$1.02 in 1Q 2021)

Less than half of directors are independent

Planet Technology Corporation Proposes Cash Dividends for the Year Ended December 31, 2021

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

Planet Technology Corporation, Annual General Meeting, May 27, 2022

Third quarter 2021 earnings released: EPS NT$1.27 (vs NT$1.07 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$1.33 (vs NT$0.87 in 2Q 2020)

Upcoming dividend of NT$4.00 per share

First quarter 2021 earnings released: EPS NT$1.02 (vs NT$1.03 in 1Q 2020)

Planet Technology's (GTSM:6263) Returns Have Hit A Wall

Should You Buy Planet Technology Corporation (GTSM:6263) For Its Dividend?

Planet Technology Corporation, Annual General Meeting, Jun 10, 2021

Full year 2020 earnings released: EPS NT$4.33 (vs NT$5.01 in FY 2019)

Its Easy to Overlook Planet Technology Corporation (GTSM:6263) But Its Strong Financial Prospects Might Make You Want To Stop and Notice

Estimating The Intrinsic Value Of Planet Technology Corporation (GTSM:6263)

Planet Technology (GTSM:6263) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment

The Returns At Planet Technology (GTSM:6263) Provide Us With Signs Of What's To Come

Is Planet Technology Corporation (GTSM:6263) A Risky Dividend Stock?

Could The Market Be Wrong About Planet Technology Corporation (GTSM:6263) Given Its Attractive Financial Prospects?

New 90-day high: NT$62.90

We Wouldn't Rely On Planet Technology's (GTSM:6263) Statutory Earnings As A Guide

Third quarter 2020 earnings released: EPS NT$1.07

New 90-day low: NT$61.80

New 90-day low - NT$62.80

First half earnings released

Upcoming Dividend of NT$4.50 Per Share

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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