Micro-Star International Co., Ltd.

TWSE:2377 Stock Report

Market Cap: NT$152.1b

Micro-Star International Past Earnings Performance

Past criteria checks 1/6

Micro-Star International has been growing earnings at an average annual rate of 1.7%, while the Tech industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 8.3% per year. Micro-Star International's return on equity is 13.5%, and it has net margins of 3.6%.

Key information

1.7%

Earnings growth rate

1.7%

EPS growth rate

Tech Industry Growth14.0%
Revenue growth rate8.3%
Return on equity13.5%
Net Margin3.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Earnings Troubles May Signal Larger Issues for Micro-Star International (TWSE:2377) Shareholders

Nov 21
Earnings Troubles May Signal Larger Issues for Micro-Star International (TWSE:2377) Shareholders

Micro-Star International's (TWSE:2377) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 21
Micro-Star International's (TWSE:2377) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Micro-Star International's (TWSE:2377) Returns Have Hit A Wall

Jan 06
Micro-Star International's (TWSE:2377) Returns Have Hit A Wall

Earnings Troubles May Signal Larger Issues for Micro-Star International (TWSE:2377) Shareholders

Nov 21
Earnings Troubles May Signal Larger Issues for Micro-Star International (TWSE:2377) Shareholders

Earnings Miss: Micro-Star International Co., Ltd. Missed EPS By 28% And Analysts Are Revising Their Forecasts

Nov 17
Earnings Miss: Micro-Star International Co., Ltd. Missed EPS By 28% And Analysts Are Revising Their Forecasts

Micro-Star International Co., Ltd. (TWSE:2377) Could Be Riskier Than It Looks

Oct 06
Micro-Star International Co., Ltd. (TWSE:2377) Could Be Riskier Than It Looks

Does Micro-Star International (TWSE:2377) Have A Healthy Balance Sheet?

Sep 17
Does Micro-Star International (TWSE:2377) Have A Healthy Balance Sheet?

Micro-Star International Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 17
Micro-Star International Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Micro-Star International (TWSE:2377) Is Paying Out Less In Dividends Than Last Year

Aug 14
Micro-Star International (TWSE:2377) Is Paying Out Less In Dividends Than Last Year

Are Micro-Star International Co., Ltd. (TWSE:2377) Investors Paying Above The Intrinsic Value?

Jun 11
Are Micro-Star International Co., Ltd. (TWSE:2377) Investors Paying Above The Intrinsic Value?

Micro-Star International's (TWSE:2377) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 21
Micro-Star International's (TWSE:2377) Weak Earnings May Only Reveal A Part Of The Whole Picture

Investors Aren't Entirely Convinced By Micro-Star International Co., Ltd.'s (TWSE:2377) Earnings

Apr 22
Investors Aren't Entirely Convinced By Micro-Star International Co., Ltd.'s (TWSE:2377) Earnings

Micro-Star International (TWSE:2377) Could Be Struggling To Allocate Capital

Mar 15
Micro-Star International (TWSE:2377) Could Be Struggling To Allocate Capital

Calculating The Fair Value Of Micro-Star International Co., Ltd. (TWSE:2377)

Feb 28
Calculating The Fair Value Of Micro-Star International Co., Ltd. (TWSE:2377)

The Case For Micro-Star International Co., Ltd. (TPE:2377): Could It Be A Nice Addition To Your Dividend Portfolio?

Apr 15
The Case For Micro-Star International Co., Ltd. (TPE:2377): Could It Be A Nice Addition To Your Dividend Portfolio?

Micro-Star International (TPE:2377) Knows How To Allocate Capital Effectively

Apr 04
Micro-Star International (TPE:2377) Knows How To Allocate Capital Effectively

Here's Why I Think Micro-Star International (TPE:2377) Might Deserve Your Attention Today

Mar 12
Here's Why I Think Micro-Star International (TPE:2377) Might Deserve Your Attention Today

Micro-Star International Co., Ltd.'s (TPE:2377) Intrinsic Value Is Potentially 20% Below Its Share Price

Mar 01
Micro-Star International Co., Ltd.'s (TPE:2377) Intrinsic Value Is Potentially 20% Below Its Share Price

Are Strong Financial Prospects The Force That Is Driving The Momentum In Micro-Star International Co., Ltd.'s TPE:2377) Stock?

Feb 18
Are Strong Financial Prospects The Force That Is Driving The Momentum In Micro-Star International Co., Ltd.'s TPE:2377) Stock?

Is Now The Time To Look At Buying Micro-Star International Co., Ltd. (TPE:2377)?

Feb 07
Is Now The Time To Look At Buying Micro-Star International Co., Ltd. (TPE:2377)?

Micro-Star International (TPE:2377) Could Easily Take On More Debt

Jan 28
Micro-Star International (TPE:2377) Could Easily Take On More Debt

Did You Participate In Any Of Micro-Star International's (TPE:2377) Incredible 308% Return?

Jan 18
Did You Participate In Any Of Micro-Star International's (TPE:2377) Incredible 308% Return?

Why Dividend Hunters Love Micro-Star International Co., Ltd. (TPE:2377)

Jan 07
Why Dividend Hunters Love Micro-Star International Co., Ltd. (TPE:2377)

Why We Like The Returns At Micro-Star International (TPE:2377)

Dec 27
Why We Like The Returns At Micro-Star International (TPE:2377)

What Is The Ownership Structure Like For Micro-Star International Co., Ltd. (TPE:2377)?

Dec 16
What Is The Ownership Structure Like For Micro-Star International Co., Ltd. (TPE:2377)?

Should You Be Adding Micro-Star International (TPE:2377) To Your Watchlist Today?

Dec 05
Should You Be Adding Micro-Star International (TPE:2377) To Your Watchlist Today?

Is There More To The Story Than Micro-Star International's (TPE:2377) Earnings Growth?

Nov 25
Is There More To The Story Than Micro-Star International's (TPE:2377) Earnings Growth?

Revenue & Expenses Breakdown

How Micro-Star International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2377 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24195,5407,07111,3944,855
30 Jun 24192,3727,68910,7984,541
31 Mar 24186,9917,56110,1924,355
31 Dec 23182,9667,5339,7534,283
30 Sep 23174,6017,3389,0354,016
30 Jun 23164,2496,5978,8883,963
31 Mar 23170,9737,6609,3444,018
31 Dec 22180,4119,96310,6354,397
30 Sep 22194,89713,29812,4884,801
30 Jun 22208,53816,15913,4195,047
31 Mar 22206,84417,51813,7945,289
31 Dec 21201,81016,92113,0905,179
30 Sep 21188,44015,03311,8664,965
30 Jun 21176,98913,17810,8974,771
31 Mar 21166,00410,8799,7484,245
31 Dec 20146,5037,9608,3913,724
30 Sep 20136,6427,2787,4733,644
30 Jun 20128,7016,3776,8543,358
31 Mar 20119,5075,5316,4823,323
31 Dec 19120,4915,5876,5953,315
30 Sep 19118,1984,9556,4473,171
30 Jun 19114,0814,7476,3453,102
31 Mar 19116,2335,2406,3173,193
31 Dec 18118,5276,0416,0903,348
30 Sep 18118,2986,6576,1513,399
30 Jun 18118,6946,7646,3163,507
31 Mar 18113,6495,6716,3323,349
31 Dec 17106,4204,9376,2173,201
30 Sep 17103,4414,8336,2743,224
30 Jun 17103,8914,8356,1343,252
31 Mar 17103,2345,1075,9283,296
31 Dec 16102,1914,8886,0333,399
30 Sep 1699,7334,7565,8373,490
30 Jun 1692,7344,2865,7283,394
31 Mar 1688,5663,9125,6513,328
31 Dec 1585,2953,7065,5753,211
30 Sep 1582,9173,1925,3772,955
30 Jun 1582,0682,7535,1972,890
31 Mar 1584,5442,9925,1522,818
31 Dec 1484,9023,0145,1852,736
30 Sep 1483,9182,9955,1002,702
30 Jun 1480,6942,8904,8342,635
31 Mar 1476,2952,5164,6982,632

Quality Earnings: 2377 has a high level of non-cash earnings.

Growing Profit Margin: 2377's current net profit margins (3.6%) are lower than last year (4.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2377's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: 2377's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2377 had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Tech industry average (12.9%).


Return on Equity

High ROE: 2377's Return on Equity (13.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 13:14
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Micro-Star International Co., Ltd. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCapital Securities Corporation
Carrie LiuCitigroup Inc
Jerry SuCredit Suisse