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Promise Technology TWSE:3057 Stock Report

Last Price

NT$11.60

Market Cap

NT$1.1b

7D

0%

1Y

-7.2%

Updated

01 Feb, 2025

Data

Company Financials

Promise Technology, Inc.

TWSE:3057 Stock Report

Market Cap: NT$1.1b

3057 Stock Overview

Develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. More details

3057 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis


My Notes

Capture your thoughts, links and company narrative

Promise Technology, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Promise Technology
Historical stock prices
Current Share PriceNT$11.60
52 Week HighNT$17.90
52 Week LowNT$11.25
Beta1.1
1 Month Change1.75%
3 Month Change-10.42%
1 Year Change-7.20%
3 Year Change-14.39%
5 Year Change-4.21%
Change since IPO-86.32%

Recent News & Updates

More Unpleasant Surprises Could Be In Store For Promise Technology, Inc.'s (TWSE:3057) Shares After Tumbling 30%

Aug 05
More Unpleasant Surprises Could Be In Store For Promise Technology, Inc.'s (TWSE:3057) Shares After Tumbling 30%

Promise Technology, Inc.'s (TWSE:3057) 28% Share Price Surge Not Quite Adding Up

Jun 05
Promise Technology, Inc.'s (TWSE:3057) 28% Share Price Surge Not Quite Adding Up

Recent updates

More Unpleasant Surprises Could Be In Store For Promise Technology, Inc.'s (TWSE:3057) Shares After Tumbling 30%

Aug 05
More Unpleasant Surprises Could Be In Store For Promise Technology, Inc.'s (TWSE:3057) Shares After Tumbling 30%

Promise Technology, Inc.'s (TWSE:3057) 28% Share Price Surge Not Quite Adding Up

Jun 05
Promise Technology, Inc.'s (TWSE:3057) 28% Share Price Surge Not Quite Adding Up

Promise Technology, Inc. (TWSE:3057) Investors Are Less Pessimistic Than Expected

Mar 13
Promise Technology, Inc. (TWSE:3057) Investors Are Less Pessimistic Than Expected

Promise Technology (TPE:3057) Has Debt But No Earnings; Should You Worry?

Apr 12
Promise Technology (TPE:3057) Has Debt But No Earnings; Should You Worry?

Would Promise Technology (TPE:3057) Be Better Off With Less Debt?

Dec 28
Would Promise Technology (TPE:3057) Be Better Off With Less Debt?

Shareholder Returns

3057TW TechTW Market
7D0%0%0%
1Y-7.2%4.4%27.3%

Return vs Industry: 3057 underperformed the TW Tech industry which returned 4.4% over the past year.

Return vs Market: 3057 underperformed the TW Market which returned 27.3% over the past year.

Price Volatility

Is 3057's price volatile compared to industry and market?
3057 volatility
3057 Average Weekly Movement2.8%
Tech Industry Average Movement5.0%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 3057 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 3057's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aJames Leewww.promise.com

Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; and Vess storage appliances for IP video surveillance installations. The company also provides Pegasus, a solution for storage industry; and SANLink, a Thunderbolt bridge adapter, which eliminates bottlenecks through the introduction of fiber channel or 10 Gb Ethernet connectivity.

Promise Technology, Inc. Fundamentals Summary

How do Promise Technology's earnings and revenue compare to its market cap?
3057 fundamental statistics
Market capNT$1.08b
Earnings (TTM)-NT$159.78m
Revenue (TTM)NT$570.45m

1.9x

P/S Ratio

-6.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3057 income statement (TTM)
RevenueNT$570.45m
Cost of RevenueNT$386.39m
Gross ProfitNT$184.07m
Other ExpensesNT$343.85m
Earnings-NT$159.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.72
Gross Margin32.27%
Net Profit Margin-28.01%
Debt/Equity Ratio34.6%

How did 3057 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 19:36
End of Day Share Price 2025/01/22 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

Promise Technology, Inc. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shangzhi WangCapital Securities Corporation
null nullCapital Securities Corporation
Junye LinGrand Cathay Securities Corporation