TSEC:3311

Stock Analysis Report

Silitech Technology

Executive Summary

Silitech Technology Corporation produces and sells human machine interface products.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-0.2%

3311

2.1%

TW Electronic

2.0%

TW Market


1 Year Return

-36.1%

3311

11.5%

TW Electronic

11.3%

TW Market


Shareholder returns

3311IndustryMarket
7 Day-0.2%2.1%2.0%
30 Day-45.8%1.2%1.9%
90 Day-46.3%1.7%2.5%
1 Year18.1%-36.1%18.1%11.5%16.3%11.3%
3 Year-4.7%-48.5%19.3%5.4%33.4%18.2%
5 Year-22.6%-62.3%30.9%6.7%52.6%25.3%

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

No news available

Valuation

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

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

Significantly Undervalued: 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 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

Low 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 (0.4x) compared to the TW Electronic industry average (1.4x).


Next Steps

Future Growth

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

5.6%

Forecasted Tech industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 3311's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if 3311's earnings are forecast to grow faster than the TW market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 3311's revenue is forecast to grow faster than the TW market.

High Growth Revenue: Insufficient data to determine if 3311's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Silitech Technology performed over the past 5 years?

60.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 3311 is unprofitable, but has reduced losses over the past 5 years at a rate of 60.8% 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 (2.2%).


Return on Equity

High ROE: 3311 has a negative Return on Equity (-0.18%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 3311 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 3311 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Silitech Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 3311's short term assets (NT$3.8B) exceeds its short term liabilities (NT$712.0M)

Long Term Liabilities: 3311's short term assets (3.8B) exceeds its long term liabilities (133.5M)


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 24.5%.


Balance Sheet

Information is not available.

Information is not available.


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 -48.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%6.1%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Silitech Technology's salary, the management and board of directors tenure and is there insider trading?

10.6yrs

Average board tenure


CEO

James Huang 0

4.8yrs

Tenure

0

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 ...


Board Age and Tenure

10.6yrs

Average Tenure

Experienced Board: 3311's board of directors are seasoned and experienced ( 10.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • James Huang

    President

    • Tenure: 4.8yrs
  • Sarah Cheng

    Chief Finance & Accounting Officer

    • Tenure: 1.5yrs

Board Members

  • Warren Chen (70yo)

    Vice Chairman of the Board of Directors

    • Tenure: 4.3yrs
  • Raymond Soong

    Chairman of the Board of Directors

    • Tenure: 0yrs
  • Te-Chen Chiu

    Independent Director

    • Tenure: 9.3yrs
  • Chang Bang Zhang

    Independent Director

    • Tenure: 13.3yrs
  • Charlie Tseng

    Director

    • Tenure: 2.6yrs
  • Yung-Chou King

    Director

    • Tenure: 11.9yrs
  • James Kuo

    Independent Director

    • Tenure: 16.3yrs

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$1.407b
  • 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 produces and sells human machine interface products. It offers various products, including mobile keypads, cover glasses, modules, auto parts, lighting modules, and accessor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 14:38
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.