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Promise Technology TWSE:3057 Stock Report

Last Price

NT$12.40

Market Cap

NT$1.2b

7D

-4.2%

1Y

10.2%

Updated

28 Mar, 2024

Data

Company Financials

Promise Technology, Inc.

TWSE:3057 Stock Report

Market Cap: NT$1.2b

3057 Stock Overview

Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally.

3057 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis


Promise Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Promise Technology
Historical stock prices
Current Share PriceNT$12.40
52 Week HighNT$16.65
52 Week LowNT$10.95
Beta1.31
1 Month Change-10.47%
3 Month Change-3.50%
1 Year Change10.22%
3 Year Change16.98%
5 Year Change-24.04%
Change since IPO-85.38%

Recent News & Updates

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

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

Recent updates

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
7D-4.2%-0.1%1.9%
1Y10.2%81.2%26.7%

Return vs Industry: 3057 underperformed the TW Tech industry which returned 81.2% over the past year.

Return vs Market: 3057 underperformed the TW Market which returned 26.7% over the past year.

Price Volatility

Is 3057's price volatile compared to industry and market?
3057 volatility
3057 Average Weekly Movement5.9%
Tech Industry Average Movement5.8%
Market Average Movement4.2%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market1.9%

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

Volatility Over Time: 3057's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aJames Leehttps://www.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 Thunderbolt 3 RAID storage solution; 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$1.15b
Earnings (TTM)-NT$143.20m
Revenue (TTM)NT$584.52m

2.0x

P/S Ratio

-8.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3057 income statement (TTM)
RevenueNT$584.52m
Cost of RevenueNT$382.25m
Gross ProfitNT$202.28m
Other ExpensesNT$345.48m
Earnings-NT$143.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.55
Gross Margin34.61%
Net Profit Margin-24.50%
Debt/Equity Ratio33.6%

How did 3057 perform over the long term?

See historical performance and comparison
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