Reported Earnings • Mar 14
Full year 2025 earnings released: NT$0.78 loss per share (vs NT$0.95 loss in FY 2024) Full year 2025 results: NT$0.78 loss per share (improved from NT$0.95 loss in FY 2024). Revenue: NT$180.4m (down 8.1% from FY 2024). Net loss: NT$19.7m (loss narrowed 17% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 02
GoMax Electronics Co., Ltd., Annual General Meeting, May 27, 2026 GoMax Electronics Co., Ltd., Annual General Meeting, May 27, 2026. Location: 5 floor no,251, fu hsing 1st st., jhubei city, hsinchu county Taiwan Board Change • Feb 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 06
New major risk - Revenue and earnings growth Earnings have declined by 2.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$525.4m market cap, or US$17.0m). Reported Earnings • Aug 02
Second quarter 2025 earnings released: NT$0.34 loss per share (vs NT$0.12 loss in 2Q 2024) Second quarter 2025 results: NT$0.34 loss per share (further deteriorated from NT$0.12 loss in 2Q 2024). Revenue: NT$52.4m (down 3.5% from 2Q 2024). Net loss: NT$8.66m (loss widened 202% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.12 loss in 1Q 2024) First quarter 2025 results: NT$0.04 loss per share (improved from NT$0.12 loss in 1Q 2024). Revenue: NT$47.2m (down 20% from 1Q 2024). Net loss: NT$1.06m (loss narrowed 63% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Mar 03
Full year 2024 earnings released: NT$0.95 loss per share (vs NT$0.98 loss in FY 2023) Full year 2024 results: NT$0.95 loss per share (improved from NT$0.98 loss in FY 2023). Revenue: NT$196.3m (down 18% from FY 2023). Net loss: NT$23.8m (loss narrowed 2.9% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Feb 20
GoMax Electronics Co., Ltd., Annual General Meeting, Jun 20, 2025 GoMax Electronics Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: 5 floor no,251, fu hsing 1st st., jhubei city, hsinchu county Taiwan Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.022 loss in 3Q 2023) Third quarter 2024 results: NT$0.21 loss per share (further deteriorated from NT$0.022 loss in 3Q 2023). Revenue: NT$37.0m (down 45% from 3Q 2023). Net loss: NT$5.25m (loss widened NT$4.69m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Aug 13
Second quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.24 loss in 2Q 2023) Second quarter 2024 results: NT$0.11 loss per share (improved from NT$0.24 loss in 2Q 2023). Revenue: NT$54.3m (down 22% from 2Q 2023). Net loss: NT$2.87m (loss narrowed 53% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Jul 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$626.3m market cap, or US$19.1m). New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$752.5m market cap, or US$23.2m). Reported Earnings • May 09
First quarter 2024 earnings released: NT$0.12 loss per share (vs NT$0.41 loss in 1Q 2023) First quarter 2024 results: NT$0.12 loss per share (improved from NT$0.41 loss in 1Q 2023). Revenue: NT$58.6m (up 15% from 1Q 2023). Net loss: NT$2.89m (loss narrowed 72% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 24
GoMax Electronics Co., Ltd., Annual General Meeting, Jun 13, 2024 GoMax Electronics Co., Ltd., Annual General Meeting, Jun 13, 2024. Reported Earnings • Feb 27
Full year 2023 earnings released: NT$0.98 loss per share (vs NT$0.90 profit in FY 2022) Full year 2023 results: NT$0.98 loss per share (down from NT$0.90 profit in FY 2022). Revenue: NT$239.5m (down 28% from FY 2022). Net loss: NT$24.5m (down 209% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Nov 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be NT$24.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Oct 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.1%. The fair value is estimated to be NT$24.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Aug 17
Upcoming dividend of NT$0.11 per share at 0.5% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 14 September 2023. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 08
Second quarter 2023 earnings released: NT$0.25 loss per share (vs NT$0.51 profit in 2Q 2022) Second quarter 2023 results: NT$0.25 loss per share (down from NT$0.51 profit in 2Q 2022). Revenue: NT$69.6m (down 24% from 2Q 2022). Net loss: NT$6.14m (down 149% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: NT$0.50 (vs NT$0.48 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$0.50 (up from NT$0.48 loss in 2Q 2021). Revenue: NT$91.3m (up 95% from 2Q 2021). Net income: NT$12.6m (up NT$24.5m from 2Q 2021). Profit margin: 14% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • May 09
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: NT$0.25 (up from NT$0.28 loss in 1Q 2021). Revenue: NT$84.5m (up 73% from 1Q 2021). Net income: NT$6.25m (up NT$13.2m from 1Q 2021). Profit margin: 7.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10.0%. Earnings per share (EPS) missed analyst estimates by 63%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Third quarter 2021 earnings released: NT$0.41 loss per share (vs NT$0.14 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$45.5m (down 29% from 3Q 2020). Net loss: NT$10.2m (loss widened 181% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: NT$0.48 loss per share (vs NT$0.42 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$46.9m (up 4.9% from 2Q 2020). Net loss: NT$11.9m (loss widened 14% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2021 earnings released: NT$0.28 loss per share (vs NT$0.18 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: NT$48.7m (down 11% from 1Q 2020). Net loss: NT$6.99m (loss widened 52% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Announcement • Feb 23
GoMax Electronics Co., Ltd., Annual General Meeting, Jun 10, 2021 GoMax Electronics Co., Ltd., Annual General Meeting, Jun 10, 2021. Reported Earnings • Feb 21
Full year 2020 earnings released: NT$0.73 loss per share (vs NT$0.26 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$232.4m (down 19% from FY 2019). Net loss: NT$18.3m (loss widened 187% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 04
Third quarter 2020 earnings released: NT$0.15 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$64.2m (up 20% from 3Q 2019). Net loss: NT$3.63m (loss narrowed 41% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 102% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 07
New 90-day high: NT$15.60 The company is up 8.0% from its price of NT$14.50 on 09 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period. 
