Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$0.55 (vs NT$0.066 in 1Q 2025) First quarter 2026 results: EPS: NT$0.55 (up from NT$0.066 in 1Q 2025). Revenue: NT$342.9m (up 46% from 1Q 2025). Net income: NT$35.3m (up NT$31.0m from 1Q 2025). Profit margin: 10% (up from 1.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 23% per year. New Risk • May 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.88b market cap, or US$91.3m). Reported Earnings • Mar 14
Full year 2025 earnings released: NT$0.43 loss per share (vs NT$0.14 profit in FY 2024) Full year 2025 results: NT$0.43 loss per share (down from NT$0.14 profit in FY 2024). Revenue: NT$1.04b (up 13% from FY 2024). Net loss: NT$27.8m (down 418% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 12
Cheer Time Enterprise Co., Ltd, Annual General Meeting, May 29, 2026 Cheer Time Enterprise Co., Ltd, Annual General Meeting, May 29, 2026, at 10:00 Taipei Standard Time. Location: 2 floor no,276, sec.1 nan shan rd., lujhu district, taoyuan city Taiwan New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.28b market cap, or US$40.9m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.19 loss in 3Q 2024) Third quarter 2025 results: NT$0.08 loss per share (improved from NT$0.19 loss in 3Q 2024). Revenue: NT$255.2m (up 13% from 3Q 2024). Net loss: NT$5.20m (loss narrowed 58% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
Second quarter 2025 earnings released: NT$0.54 loss per share (vs NT$0.26 profit in 2Q 2024) Second quarter 2025 results: NT$0.54 loss per share (down from NT$0.26 profit in 2Q 2024). Revenue: NT$243.6m (down 1.6% from 2Q 2024). Net loss: NT$35.0m (down 310% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Jul 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$944.7m market cap, or US$32.3m). New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.07b market cap, or US$35.8m). Reported Earnings • May 18
First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.042 in 1Q 2024) First quarter 2025 results: EPS: NT$0.06 (up from NT$0.042 in 1Q 2024). Revenue: NT$235.2m (up 16% from 1Q 2024). Net income: NT$4.27m (up 56% from 1Q 2024). Profit margin: 1.8% (up from 1.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • May 01
Cheer Time Enterprise Co., Ltd to Report Q1, 2025 Results on May 07, 2025 Cheer Time Enterprise Co., Ltd announced that they will report Q1, 2025 results on May 07, 2025 Buy Or Sell Opportunity • Apr 08
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to NT$12.40. The fair value is estimated to be NT$16.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.01b market cap, or US$30.3m). Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$0.14 (vs NT$0.39 loss in FY 2023) Full year 2024 results: EPS: NT$0.14 (up from NT$0.39 loss in FY 2023). Revenue: NT$918.4m (down 1.0% from FY 2023). Net income: NT$8.73m (up NT$33.9m from FY 2023). Profit margin: 1.0% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 14
Cheer Time Enterprise Co., Ltd, Annual General Meeting, May 29, 2025 Cheer Time Enterprise Co., Ltd, Annual General Meeting, May 29, 2025, at 10:00 Taipei Standard Time. Location: 2 floor no,276, sec.1 nan shan rd., lujhu district, taoyuan city Taiwan Announcement • Mar 05
Cheer Time Enterprise Co., Ltd to Report Fiscal Year 2024 Results on Mar 12, 2025 Cheer Time Enterprise Co., Ltd announced that they will report fiscal year 2024 results on Mar 12, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.19 loss per share (vs NT$0.005 profit in 3Q 2023) Third quarter 2024 results: NT$0.19 loss per share (down from NT$0.005 profit in 3Q 2023). Revenue: NT$225.3m (flat on 3Q 2023). Net loss: NT$4.64m (down NT$4.96m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Oct 30
Cheer Time Enterprise Co., Ltd to Report Q3, 2024 Results on Nov 06, 2024 Cheer Time Enterprise Co., Ltd announced that they will report Q3, 2024 results on Nov 06, 2024 Reported Earnings • Aug 12
Second quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.23 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.26 (up from NT$0.23 loss in 2Q 2023). Revenue: NT$247.6m (up 9.4% from 2Q 2023). Net income: NT$16.7m (up NT$31.7m from 2Q 2023). Profit margin: 6.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
Cheer Time Enterprise Co., Ltd to Report Q2, 2024 Results on Aug 07, 2024 Cheer Time Enterprise Co., Ltd announced that they will report Q2, 2024 results on Aug 07, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.006 in 1Q 2023) First quarter 2024 results: EPS: NT$0.04 (up from NT$0.006 in 1Q 2023). Revenue: NT$202.9m (down 20% from 1Q 2023). Net income: NT$2.73m (up NT$2.37m from 1Q 2023). Profit margin: 1.3% (up from 0.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 02
Cheer Time Enterprise Co., Ltd to Report Q1, 2024 Results on May 08, 2024 Cheer Time Enterprise Co., Ltd announced that they will report Q1, 2024 results on May 08, 2024 Reported Earnings • Mar 16
Full year 2023 earnings released: NT$0.39 loss per share (vs NT$0.66 loss in FY 2022) Full year 2023 results: NT$0.39 loss per share (improved from NT$0.66 loss in FY 2022). Revenue: NT$928.1m (up 13% from FY 2022). Net loss: NT$25.1m (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Mar 14
Cheer Time Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2024 Cheer Time Enterprise Co., Ltd, Annual General Meeting, Jun 24, 2024. Location: 2nd Floor, No. 276, Section 1, Nanshan Road,Luzhu District, Tao Yuan City Taiwan Agenda: To consider Annual Business Report for the Year 2023; to consider Audit Committee's Review Report for the Year 2023; to consider Report on Employee and Director Remuneration Distribution for the Year 2023; and to consider other matters. Reported Earnings • Apr 01
Full year 2022 earnings released: NT$0.66 loss per share (vs NT$1.72 loss in FY 2021) Full year 2022 results: NT$0.66 loss per share (improved from NT$1.72 loss in FY 2021). Revenue: NT$819.6m (up 86% from FY 2021). Net loss: NT$38.0m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2022 earnings released: NT$0.05 loss per share (vs NT$0.84 loss in 2Q 2021) Second quarter 2022 results: NT$0.05 loss per share (up from NT$0.84 loss in 2Q 2021). Revenue: NT$227.2m (up 99% from 2Q 2021). Net loss: NT$3.21m (loss narrowed 88% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.26 loss per share (vs NT$0.14 loss in 1Q 2021) First quarter 2022 results: NT$0.26 loss per share (down from NT$0.14 loss in 1Q 2021). Revenue: NT$94.4m (down 8.3% from 1Q 2021). Net loss: NT$9.33m (loss widened 108% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2021 earnings released: NT$1.72 loss per share (vs NT$6.58 loss in FY 2020) Full year 2021 results: NT$1.72 loss per share (up from NT$6.58 loss in FY 2020). Revenue: NT$440.4m (up 13% from FY 2020). Net loss: NT$55.4m (loss narrowed 74% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.39 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$119.3m (up 35% from 3Q 2020). Net income: NT$7.15m (up NT$43.3m from 3Q 2020). Profit margin: 6.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 27% per year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.29 loss per share (vs NT$0.28 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$114.1m (down 5.4% from 2Q 2020). Net loss: NT$27.1m (loss widened 3.7% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
First quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.58 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$102.9m (up 4.6% from 1Q 2020). Net loss: NT$4.49m (loss narrowed 92% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 31
Full year 2020 earnings released: NT$2.27 loss per share (vs NT$1.63 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$390.9m (down 31% from FY 2019). Net loss: NT$212.4m (loss widened 39% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 02
New 90-day high: NT$6.89 The company is up 14% from its price of NT$6.03 on 02 December 2020. The Taiwanese market is also up 14% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: NT$5.14 The company is down 45% from its price of NT$9.30 on 27 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: NT$5.31 The company is down 46% from its price of NT$9.88 on 23 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: NT$0.39 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$88.6m (down 53% from 3Q 2019). Net loss: NT$36.1m (loss widened 26% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 13
New 90-day low: NT$9.04 The company is down 10.0% from its price of NT$10.05 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day low: NT$9.30 The company is down 7.0% from its price of NT$10.05 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: NT$9.50 The company is down 11% from its price of NT$10.65 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.