Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: NT$4.03 (vs NT$2.75 in FY 2024) Full year 2025 results: EPS: NT$4.03 (up from NT$2.75 in FY 2024). Revenue: NT$11.4b (up 23% from FY 2024). Net income: NT$615.2m (up 48% from FY 2024). Profit margin: 5.4% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 11
AzureWave Technologies, Inc., Annual General Meeting, Jun 16, 2026 AzureWave Technologies, Inc., Annual General Meeting, Jun 16, 2026. Location: 2 floor no,213, sec.3 pei hsin rd., sindian district, new taipei city Taiwan New Risk • Jan 26
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 6.8% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: NT$1.43 (vs NT$0.93 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.43 (up from NT$0.93 in 3Q 2024). Revenue: NT$3.39b (up 34% from 3Q 2024). Net income: NT$217.8m (up 55% from 3Q 2024). Profit margin: 6.4% (up from 5.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$84.70, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 347% over the past three years. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: NT$1.07 (vs NT$0.83 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.07 (up from NT$0.83 in 2Q 2024). Revenue: NT$3.08b (up 29% from 2Q 2024). Net income: NT$163.9m (up 30% from 2Q 2024). Profit margin: 5.3% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$73.60, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 243% over the past three years. Declared Dividend • Jul 10
Dividend increased to NT$1.48 Dividend of NT$1.48 is 48% higher than last year. Ex-date: 23rd July 2025 Payment date: 19th August 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (21% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: NT$0.77 (vs NT$0.37 in 1Q 2024) First quarter 2025 results: EPS: NT$0.77 (up from NT$0.37 in 1Q 2024). Revenue: NT$2.39b (up 16% from 1Q 2024). Net income: NT$117.0m (up 107% from 1Q 2024). Profit margin: 4.9% (up from 2.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 06
AzureWave Technologies, Inc. to Report Q1, 2025 Results on May 13, 2025 AzureWave Technologies, Inc. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$41.90, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 112% over the past three years. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: NT$2.75 (vs NT$2.18 in FY 2023) Full year 2024 results: EPS: NT$2.75 (up from NT$2.18 in FY 2023). Revenue: NT$9.25b (down 2.9% from FY 2023). Net income: NT$417.0m (up 25% from FY 2023). Profit margin: 4.5% (up from 3.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 13
AzureWave Technologies, Inc., Annual General Meeting, Jun 20, 2025 AzureWave Technologies, Inc., Annual General Meeting, Jun 20, 2025. Location: 2 floor no,213, sec.3 pei hsin rd., sindian district, new taipei city Taiwan Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$69.80, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 214% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$53.70, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 97% over the past three years. Buy Or Sell Opportunity • Dec 13
Now 22% undervalued Over the last 90 days, the stock has risen 19% to NT$48.55. The fair value is estimated to be NT$62.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.4% over the last 3 years. Earnings per share has grown by 11%. New Risk • Dec 05
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 6.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$52.20, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 120% over the past three years. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$0.93 (vs NT$0.88 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.93 (up from NT$0.88 in 3Q 2023). Revenue: NT$2.54b (down 4.5% from 3Q 2023). Net income: NT$140.6m (up 5.1% from 3Q 2023). Profit margin: 5.5% (up from 5.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 05
AzureWave Technologies, Inc. to Report Q3, 2024 Results on Nov 12, 2024 AzureWave Technologies, Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: NT$0.83 (vs NT$0.73 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.83 (up from NT$0.73 in 2Q 2023). Revenue: NT$2.39b (down 6.0% from 2Q 2023). Net income: NT$126.1m (up 13% from 2Q 2023). Profit margin: 5.3% (up from 4.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$35.20, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 54% over the past three years. Announcement • Aug 02
AzureWave Technologies, Inc. to Report Q2, 2024 Results on Aug 08, 2024 AzureWave Technologies, Inc. announced that they will report Q2, 2024 results on Aug 08, 2024 Upcoming Dividend • Jul 29
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 05 August 2024. Payment date: 23 August 2024. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$51.40, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 130% over the past three years. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.20 in 1Q 2023) First quarter 2024 results: EPS: NT$0.37 (up from NT$0.20 in 1Q 2023). Revenue: NT$2.06b (down 1.1% from 1Q 2023). Net income: NT$56.4m (up 86% from 1Q 2023). Profit margin: 2.7% (up from 1.5% 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 6% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$2.18 (vs NT$1.93 in FY 2022) Full year 2023 results: EPS: NT$2.18 (up from NT$1.93 in FY 2022). Revenue: NT$9.53b (down 5.3% from FY 2022). Net income: NT$333.4m (up 13% from FY 2022). Profit margin: 3.5% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 09
AzureWave Technologies, Inc., Annual General Meeting, Jun 20, 2024 AzureWave Technologies, Inc., Annual General Meeting, Jun 20, 2024. Location: 2F., No. 213, Sec. 3, Beixin Rd., Xindian Dist. Taipei Innovation City Convention Center, New Tapei City Taiwan Agenda: To consider 2023 Business Report; to consider audit Committee's Review Report on the 2023 Financial Statements; to consider report on 2023 Profit Sharing Bonus to Employees and Remuneration to Directors; to consider 2023 Business Report and Financial Statements; to consider proposal for Distribution of 2023 Earnings; and to consider other matters. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$53.20, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 85% over the past three years. New Risk • Dec 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 7.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$39.90, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 17% over the past three years. Buying Opportunity • Nov 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.0%. The fair value is estimated to be NT$40.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 14%. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$31.75, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years. Buying Opportunity • Aug 14
Now 20% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be NT$39.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 14%. New Risk • Jul 18
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 6.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$32.25, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$23.65, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 94% over the past three years. Reported Earnings • Mar 19
Full year 2022 earnings released: EPS: NT$1.93 (vs NT$2.05 in FY 2021) Full year 2022 results: EPS: NT$1.93 (down from NT$2.05 in FY 2021). Revenue: NT$10.1b (down 12% from FY 2021). Net income: NT$295.1m (down 4.5% from FY 2021). Profit margin: 2.9% (up from 2.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.28 (vs NT$0.81 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.28 (up from NT$0.81 in 3Q 2021). Revenue: NT$3.13b (up 3.3% from 3Q 2021). Net income: NT$196.3m (up 61% from 3Q 2021). Profit margin: 6.3% (up from 4.0% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President, CEO & Director Gary Cheng was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.28 (vs NT$0.81 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.28 (up from NT$0.81 in 3Q 2021). Revenue: NT$3.13b (up 3.3% from 3Q 2021). Net income: NT$196.3m (up 61% from 3Q 2021). Profit margin: 6.3% (up from 4.0% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: NT$0.08 (vs NT$0.37 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.08 (down from NT$0.37 in 2Q 2021). Revenue: NT$2.27b (down 21% from 2Q 2021). Net income: NT$11.8m (down 79% from 2Q 2021). Profit margin: 0.5% (down from 1.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 20% share price gain to NT$19.05, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 11% over the past three years. Reported Earnings • May 16
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: NT$0.03 (down from NT$0.039 in 1Q 2021). Revenue: NT$2.30b (down 5.8% from 1Q 2021). Net income: NT$4.93m (down 17% from 1Q 2021). Profit margin: 0.2% (in line with 1Q 2021). Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates. 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 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. President, CEO & Director Gary Cheng was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: NT$2.05 (up from NT$2.02 in FY 2020). Revenue: NT$11.4b (up 19% from FY 2020). Net income: NT$308.9m (up 1.6% from FY 2020). Profit margin: 2.7% (down from 3.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.95 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$3.03b (up 7.4% from 3Q 2020). Net income: NT$121.8m (down 15% from 3Q 2020). Profit margin: 4.0% (down from 5.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 20% share price gain to NT$27.25, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total loss to shareholders of 3.4% over the past three years. Director Overboarding • Aug 05
Director Tzu-Hsien Tung has joined 3rd company board Director Tzu-Hsien Tung has been appointed to the board of PChome Online Inc. (TPEX:8044). Tung now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Pegatron Corporation (TWSE:4938), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.52 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$2.44b (up 75% from 1Q 2020). Net income: NT$5.91m (up NT$84.2m from 1Q 2020). Profit margin: 0.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 20% share price decline to NT$22.30, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 2.8% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 22% share price gain to NT$34.50, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS NT$2.02 (vs NT$0.76 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$9.59b (up 25% from FY 2019). Net income: NT$304.1m (up NT$418.5m from FY 2019). Profit margin: 3.2% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 29
New 90-day low: NT$26.50 The company is down 14% from its price of NT$30.85 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: NT$27.75 The company is down 8.0% from its price of NT$30.30 on 16 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$27.75, the stock is trading at a trailing P/E ratio of 16x, down from the previous P/E ratio of 19.1x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 60%. Is New 90 Day High Low • Nov 16
New 90-day high: NT$36.05 The company is up 7.0% from its price of NT$33.70 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.95 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.82b (up 24% from 3Q 2019). Net income: NT$142.8m (up NT$132.8m from 3Q 2019). Profit margin: 5.1% (up from 0.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.