TSEC:3311

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Silitech Technology

Executive Summary

Silitech Technology Corporation engages in the manufacture and sale of modules and rubber (plastic) products in China, Malaysia, Taiwan, the United States, India, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Silitech Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3311 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.2%

3311

-1.6%

TW Electronic

-0.7%

TW Market


1 Year Return

17.9%

3311

3.7%

TW Electronic

12.5%

TW Market

Return vs Industry: 3311 exceeded the TW Electronic industry which returned 5.8% over the past year.

Return vs Market: 3311 exceeded the TW Market which returned 13.6% over the past year.


Shareholder returns

3311IndustryMarket
7 Day2.2%-1.6%-0.7%
30 Day2.4%2.3%2.6%
90 Day2.0%-1.7%0.6%
1 Year17.9%17.9%7.3%3.7%16.5%12.5%
3 Year-12.8%-52.8%-3.7%-14.9%32.2%17.6%
5 Year-10.1%-53.1%44.1%18.1%74.5%43.7%

Price Volatility Vs. Market

How volatile is Silitech Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Silitech Technology undervalued compared to its fair value and its price relative to the market?

0.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 3311's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 3311's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 3311 is unprofitable, so we can't compare its PE Ratio to the TW Electronic industry average.

PE vs Market: 3311 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 3311's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3311 is good value based on its PB Ratio (0.8x) compared to the TW Electronic industry average (1.5x).


Next Steps

Future Growth

How is Silitech Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.2%

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 Silitech Technology 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

Past Performance

How has Silitech Technology performed over the past 5 years?

-54.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3311 is currently unprofitable.

Growing Profit Margin: 3311 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3311 is unprofitable, and losses have increased over the past 5 years at a rate of 54.9% per year.

Accelerating Growth: Unable to compare 3311's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3311 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-1.7%).


Return on Equity

High ROE: 3311 has a negative Return on Equity (-18.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is Silitech Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3311's short term assets (NT$2.3B) exceed its short term liabilities (NT$538.1M).

Long Term Liabilities: 3311's short term assets (NT$2.3B) exceed its long term liabilities (NT$109.9M).


Debt to Equity History and Analysis

Debt Level: 3311 is debt free.

Reducing Debt: 3311 has no debt compared to 5 years ago when its debt to equity ratio was 32.1%.


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: 3311 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 3311 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.1% each year


Next Steps

Dividend

What is Silitech Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3311's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3311'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 3311's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3311's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3311 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3311'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?

12.9yrs

Average board tenure


CEO

James Huang

5.75yrs

Tenure

NT$2,975,000

Compensation

Mr. Junjie Huang, also known as James, serves as Deputy General Manager at Silitech Technology Corp. Mr. Junjie served as Deputy General Manager of Bi Li Lo Technology Co., Ltd. Mr. Junjie studied at Depar ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD0.00) is below average for companies of similar size in the TW market ($USD105.49K).

Compensation vs Earnings: Insufficient data to compare James's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Te-Chen Chiu
Independent Director10.33yrsNT$675.00kno data
Chang Pang Zhang
Independent Director14.33yrsNT$675.00kno data
Anson Chiu
Director0.58yrno datano data
Yung-Chou King
Representative Director12.92yrsNT$30.00kno data
James Kuo
Independent Director17.33yrsNT$680.00kno data

12.9yrs

Average Tenure

Experienced Board: 3311's board of directors are seasoned and experienced ( 12.9 years average tenure).


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

Silitech Technology Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silitech Technology Corporation
  • Ticker: 3311
  • Exchange: TSEC
  • Founded: 2001
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: NT$1.659b
  • Shares outstanding: 60.00m
  • Website: https://www.silitech.com

Location

  • Silitech Technology Corporation
  • No.73, Kuirou Shan Road
  • Tamsui District
  • New Taipei City
  • 25144
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3311TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDMar 2004

Biography

Silitech Technology Corporation engages in the manufacture and sale of modules and rubber (plastic) products in China, Malaysia, Taiwan, the United States, India, and internationally. It offers various pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 15:21
End of Day Share Price2020/10/28 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.