Reported Earnings • Mar 17
Full year 2025 earnings released: NT$1.77 loss per share (vs NT$5.36 loss in FY 2024) Full year 2025 results: NT$1.77 loss per share (improved from NT$5.36 loss in FY 2024). Revenue: NT$173.2m (up 28% from FY 2024). Net loss: NT$61.3m (loss narrowed 57% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Jan 27
East Tender Optoelectronics Corporation, Annual General Meeting, May 20, 2026 East Tender Optoelectronics Corporation, Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: no,70, sec.2 li kung 1st rd., wujie township, yilan county Taiwan New Risk • Dec 11
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 6.6% 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 69% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (NT$1.47b market cap, or US$47.2m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.75 loss in 3Q 2024) Third quarter 2025 results: NT$0.44 loss per share (improved from NT$0.75 loss in 3Q 2024). Revenue: NT$38.7m (up 19% from 3Q 2024). Net loss: NT$15.4m (loss narrowed 23% from 3Q 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 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.98 loss per share (vs NT$0.92 loss in 2Q 2024) Second quarter 2025 results: NT$0.98 loss per share (further deteriorated from NT$0.92 loss in 2Q 2024). Revenue: NT$43.6m (up 55% from 2Q 2024). Net loss: NT$34.1m (loss widened 38% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • May 11
First quarter 2025 earnings released: NT$0.70 loss per share (vs NT$0.96 loss in 1Q 2024) First quarter 2025 results: NT$0.70 loss per share (improved from NT$0.96 loss in 1Q 2024). Revenue: NT$35.4m (up 45% from 1Q 2024). Net loss: NT$24.3m (loss narrowed 4.9% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
East Tender Optoelectronics Corporation to Report Q1, 2025 Results on May 05, 2025 East Tender Optoelectronics Corporation announced that they will report Q1, 2025 results on May 05, 2025 Board Change • Apr 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Jo-Chung Chen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 14
Full year 2024 earnings released: NT$5.36 loss per share (vs NT$3.07 loss in FY 2023) Full year 2024 results: NT$5.36 loss per share (further deteriorated from NT$3.07 loss in FY 2023). Revenue: NT$135.8m (up 25% from FY 2023). Net loss: NT$143.3m (loss widened 75% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Mar 12
East Tender Optoelectronics Corporation, Annual General Meeting, Jun 03, 2025 East Tender Optoelectronics Corporation, Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: no,70, sec.2 li kung 1st rd., wujie township, yilan county Taiwan Announcement • Mar 01
East Tender Optoelectronics Corporation to Report Q4, 2024 Results on Mar 10, 2025 East Tender Optoelectronics Corporation announced that they will report Q4, 2024 results on Mar 10, 2025 New Risk • Jan 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 72% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (NT$110m revenue, or US$3.4m). Market cap is less than US$100m (NT$1.19b market cap, or US$36.4m). Reported Earnings • Nov 17
Third quarter 2024 earnings released: NT$0.75 loss per share (vs NT$0.77 loss in 3Q 2023) Third quarter 2024 results: NT$0.75 loss per share (improved from NT$0.77 loss in 3Q 2023). Revenue: NT$32.5m (up 17% from 3Q 2023). Net loss: NT$20.0m (loss narrowed 3.1% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Oct 01
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 7.5% 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 69% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (NT$105m revenue, or US$3.3m). Market cap is less than US$100m (NT$979.9m market cap, or US$30.7m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.92 loss per share (vs NT$0.64 loss in 2Q 2023) Second quarter 2024 results: NT$0.92 loss per share (further deteriorated from NT$0.64 loss in 2Q 2023). Revenue: NT$28.2m (up 5.8% from 2Q 2023). Net loss: NT$24.7m (loss widened 43% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Jul 27
East Tender Optoelectronics Corporation to Report Q2, 2024 Results on Aug 07, 2024 East Tender Optoelectronics Corporation announced that they will report Q2, 2024 results on Aug 07, 2024 Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Leo Ho was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 19
East Tender Optoelectronics Corporation Announces the Changes in the Representative of the Corporate Directors East Tender Optoelectronics Corporation announced the changes in the representative of the company’s corporate directors. Name of the previous position holder: HUANG,ZHI-CHENG. Resume of the previous position holder: Former president of SESODA CORPORATION. Name of the new position holder: SUN,ZHENG-QIANG. Resume of the new position holder: Chairman of TOPLUS GLOBAL CO., LTD. Effective date of the new appointment: 17 July 2024. Reported Earnings • May 09
First quarter 2024 earnings released: NT$0.96 loss per share (vs NT$0.49 loss in 1Q 2023) First quarter 2024 results: NT$0.96 loss per share (further deteriorated from NT$0.49 loss in 1Q 2023). Revenue: NT$24.4m (down 17% from 1Q 2023). Net loss: NT$25.6m (loss widened 96% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
East Tender Optoelectronics Corporation to Report Q1, 2024 Results on May 03, 2024 East Tender Optoelectronics Corporation announced that they will report Q1, 2024 results on May 03, 2024 Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Leo Ho was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 22
Full year 2023 earnings released: NT$3.07 loss per share (vs NT$0.66 loss in FY 2022) Full year 2023 results: NT$3.07 loss per share (further deteriorated from NT$0.66 loss in FY 2022). Revenue: NT$108.4m (down 36% from FY 2022). Net loss: NT$81.9m (loss widened 365% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Announcement • Feb 03
East Tender Optoelectronics Corporation, Annual General Meeting, May 02, 2024 East Tender Optoelectronics Corporation, Annual General Meeting, May 02, 2024. Location: No. 70, Section 2, Ligong 1st Road, Wujie Township Yilan County Taiwan Agenda: To consider 2023 annual business report; to consider Report on the remuneration distribution of directors and employees in 2023; to consider ahe Audit Committee reviews the 2023 final accounts report; and to consider Profit distribution case for 2023. New Risk • Dec 11
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 5.7% 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 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Revenue is less than US$5m (NT$111m revenue, or US$3.5m). Market cap is less than US$100m (NT$925.2m market cap, or US$29.4m). Reported Earnings • Aug 10
Second quarter 2023 earnings released: NT$0.64 loss per share (vs NT$0.012 profit in 2Q 2022) Second quarter 2023 results: NT$0.64 loss per share (down from NT$0.012 profit in 2Q 2022). Revenue: NT$26.6m (down 56% from 2Q 2022). Net loss: NT$17.2m (down NT$17.5m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 24
Full year 2022 earnings released: NT$0.66 loss per share (vs NT$0.48 profit in FY 2021) Full year 2022 results: NT$0.66 loss per share (down from NT$0.48 profit in FY 2021). Revenue: NT$170.2m (down 16% from FY 2021). Net loss: NT$17.6m (down 237% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Dec 30
East Tender Optoelectronics Corporation Announces Dismissal of Li-Cyun Su as Vice Chairman East Tender Optoelectronics Corporation announced dismissal of Li-Cyun Su as Vice Chairman, effective December 28, 2022. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$28.00, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 10x in the Electronic industry in Taiwan. Total loss to shareholders of 67% over the past three years. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.25 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.01 (down from NT$0.25 in 2Q 2021). Revenue: NT$60.2m (up 16% from 2Q 2021). Net income: NT$328.0k (down 95% from 2Q 2021). Profit margin: 0.5% (down from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 07
Upcoming dividend of NT$0.75 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 08 July 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (4.1%). Reported Earnings • May 11
First quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.17 in 1Q 2021) First quarter 2022 results: EPS: NT$0.27 (up from NT$0.17 in 1Q 2021). Revenue: NT$54.8m (up 12% from 1Q 2021). Net income: NT$7.08m (up 52% from 1Q 2021). Profit margin: 13% (up from 9.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
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. 6 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Yidun Chen was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$0.48 (down from NT$2.23 in FY 2020). Revenue: NT$202.8m (down 39% from FY 2020). Net income: NT$12.9m (down 77% from FY 2020). Profit margin: 6.4% (down from 17% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Announcement • Mar 06
East Tender Optoelectronics Corporation, Annual General Meeting, May 27, 2022 East Tender Optoelectronics Corporation, Annual General Meeting, May 27, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.74 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$44.4m (down 57% from 3Q 2020). Net income: NT$1.69m (down 92% from 3Q 2020). Profit margin: 3.8% (down from 19% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 23% share price gain to NT$49.70, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 23% over the past three years. Upcoming Dividend • Aug 20
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 24 September 2021. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.3%). Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.25 (vs NT$0.57 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$52.0m (down 43% from 2Q 2020). Net income: NT$6.56m (down 51% from 2Q 2020). Profit margin: 13% (down from 15% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 12% per year. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$50.20, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 14% over the past three years. Reported Earnings • May 09
First quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.36 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$49.0m (down 19% from 1Q 2020). Net income: NT$4.67m (down 44% from 1Q 2020). Profit margin: 9.5% (down from 14% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS NT$2.23 (vs NT$2.41 in FY 2019) The company reported a soft full year result with weaker revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: NT$334.6m (down 4.3% from FY 2019). Net income: NT$55.8m (flat on FY 2019). Profit margin: 17% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 03
East Tender Optoelectronics Corporation, Annual General Meeting, May 28, 2021 East Tender Optoelectronics Corporation, Annual General Meeting, May 28, 2021. Is New 90 Day High Low • Jan 15
New 90-day low: NT$70.20 The company is down 9.0% from its price of NT$76.80 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 29% over the same period. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 16% share price gain to NT$84.00, the stock is trading at a trailing P/E ratio of 32.5x, up from the previous P/E ratio of 28x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total return to shareholders over the past three years is a loss of 18%. Reported Earnings • Nov 09
Third quarter 2020 earnings released: EPS NT$0.74 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$104.1m (up 11% from 3Q 2019). Net income: NT$19.8m (up 125% from 3Q 2019). Profit margin: 19% (up from 9.4% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 27
New 90-day low: NT$73.80 The company is down 32% from its price of NT$109 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$82.50 The company is down 45% from its price of NT$150 on 24 June 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.