New Risk • Jul 03
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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.77b market cap, or US$86.8m). New Risk • Mar 23
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 11% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.55b market cap, or US$48.6m). Reported Earnings • Mar 13
Full year 2025 earnings released: NT$0.27 loss per share (vs NT$0.44 loss in FY 2024) Full year 2025 results: NT$0.27 loss per share (improved from NT$0.44 loss in FY 2024). Revenue: NT$609.2m (down 7.1% from FY 2024). Net loss: NT$30.3m (loss narrowed 41% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Announcement • Mar 06
Para Light Electronics Co., Ltd., Annual General Meeting, Jun 09, 2026 Para Light Electronics Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 11 floor no,8, chien k`ang rd., jhonghe district, new taipei city Taiwan New Risk • Jan 15
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 6.6% 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: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$961.2m market cap, or US$30.4m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.14 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.05 (up from NT$0.14 loss in 3Q 2024). Revenue: NT$152.3m (down 2.1% from 3Q 2024). Net income: NT$5.37m (up NT$21.8m from 3Q 2024). Profit margin: 3.5% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 16
Second quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.10 loss in 2Q 2024) Second quarter 2025 results: NT$0.13 loss per share (further deteriorated from NT$0.10 loss in 2Q 2024). Revenue: NT$154.8m (down 4.6% from 2Q 2024). Net loss: NT$15.0m (loss widened 28% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • May 19
First quarter 2025 earnings released: NT$0.077 loss per share (vs NT$0.065 loss in 1Q 2024) First quarter 2025 results: NT$0.077 loss per share (further deteriorated from NT$0.065 loss in 1Q 2024). Revenue: NT$157.4m (up 4.1% from 1Q 2024). Net loss: NT$9.10m (loss widened 21% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • May 01
Para Light Electronics Co., Ltd. to Report Q1, 2025 Results on May 09, 2025 Para Light Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Mar 24
Full year 2024 earnings released: NT$0.44 loss per share (vs NT$0.65 loss in FY 2023) Full year 2024 results: NT$0.44 loss per share (improved from NT$0.65 loss in FY 2023). Revenue: NT$655.4m (down 14% from FY 2023). Net loss: NT$51.1m (loss narrowed 32% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Mar 18
Para Light Electronics Co., Ltd., Annual General Meeting, Jun 05, 2025 Para Light Electronics Co., Ltd., Annual General Meeting, Jun 05, 2025, at 09:00 Taipei Standard Time. Location: 11 floor no,8, chien k`ang rd., jhonghe district, new taipei city Taiwan Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.25 loss in 3Q 2023) Third quarter 2024 results: NT$0.14 loss per share (improved from NT$0.25 loss in 3Q 2023). Revenue: NT$155.6m (down 37% from 3Q 2023). Net loss: NT$16.5m (loss narrowed 43% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.13 loss in 2Q 2023) Second quarter 2024 results: NT$0.11 loss per share (improved from NT$0.13 loss in 2Q 2023). Revenue: NT$162.2m (up 7.0% from 2Q 2023). Net loss: NT$11.7m (loss narrowed 19% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Aug 10
Para Light Electronics Co., Ltd. Announces of Research and Development Officer Changes Para Light Electronics Co., Ltd. announced Research and Development officer change of the Company. Name, title, and resume of the previous position holder: Hui-Tso,Lin, Research and development officer. Name, title, and resume of the new position holder: Hung-Te,Chang, Vice President, PARA LIGHT ELECTRONICS CO., LTD. Reason for the change:position adjustment. Effective date is August 9, 2024. Announcement • Aug 02
Para Light Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024 Para Light Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: NT$0.07 loss per share (vs NT$0.23 loss in 1Q 2023) First quarter 2024 results: NT$0.07 loss per share (improved from NT$0.23 loss in 1Q 2023). Revenue: NT$151.2m (down 20% from 1Q 2023). Net loss: NT$7.52m (loss narrowed 72% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • May 08
Para Light Electronics Co., Ltd. to Report Q1, 2024 Results on May 10, 2024 Para Light Electronics Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Reported Earnings • Mar 14
Full year 2023 earnings released: NT$0.65 loss per share (vs NT$0.009 profit in FY 2022) Full year 2023 results: NT$0.65 loss per share (down from NT$0.009 profit in FY 2022). Revenue: NT$759.5m (down 19% from FY 2022). Net loss: NT$74.8m (down NT$75.9m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Mar 09
Para Light Electronics Co., Ltd., Annual General Meeting, Jun 07, 2024 Para Light Electronics Co., Ltd., Annual General Meeting, Jun 07, 2024. Location: 11F, No8, Jiankang Rd, Zhonghe Dist New Taipei City Taiwan Agenda: To consider Business Report of 2023; to consider audit Committee Review Report on 2023 Financial Statements; to consider report of Investments in R.P.O.C. in 2023; to consider amendment partial articles of Rules of Procedure for Board of Director Meeting; to consider reporting the Issuance of 1st Domestic Secured Corporate Bonds in 2023; and to transact other business. New Risk • Feb 27
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 5.6% 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: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (NT$1.37b market cap, or US$43.5m). Reported Earnings • Aug 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: NT$151.5m (down 49% from 2Q 2022). Net loss: NT$14.4m (down 210% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. New Risk • Jun 30
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (NT$1.33b market cap, or US$42.6m). Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: NT$0.01 (vs NT$0.007 in FY 2021) Full year 2022 results: EPS: NT$0.01 (up from NT$0.007 in FY 2021). Revenue: NT$938.3m (flat on FY 2021). Net income: NT$1.04m (up 30% from FY 2021). Profit margin: 0.1% (in line with FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$0.082 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.07 (down from NT$0.082 in 3Q 2021). Revenue: NT$207.8m (down 22% from 3Q 2021). Net income: NT$7.73m (down 16% from 3Q 2021). Profit margin: 3.7% (up from 3.4% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 15
Upcoming dividend of NT$0.12 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 15 September 2022. The company last paid an ordinary dividend in February 2014. The average dividend yield among industry peers is 4.5%. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.15 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.11 (down from NT$0.15 in 2Q 2021). Revenue: NT$295.1m (up 24% from 2Q 2021). Net income: NT$13.1m (down 22% from 2Q 2021). Profit margin: 4.4% (down from 7.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$0.06 (vs NT$0.016 in 1Q 2021) First quarter 2022 results: EPS: NT$0.06 (up from NT$0.016 in 1Q 2021). Revenue: NT$255.1m (up 23% from 1Q 2021). Net income: NT$6.63m (up 281% from 1Q 2021). Profit margin: 2.6% (up from 0.8% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Mar 23
Para Light Electronics Co., Ltd., Annual General Meeting, Jun 08, 2022 Para Light Electronics Co., Ltd., Annual General Meeting, Jun 08, 2022. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.06 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$267.8m (up 30% from 3Q 2020). Net income: NT$9.19m (up NT$15.8m from 3Q 2020). Profit margin: 3.4% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.065 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$238.0m (up 15% from 2Q 2020). Net income: NT$16.7m (up NT$23.9m from 2Q 2020). Profit margin: 7.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.14 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$207.1m (up 25% from 1Q 2020). Net income: NT$1.74m (up NT$17.2m from 1Q 2020). Profit margin: 0.8% (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 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: NT$0.39 loss per share (vs NT$1.32 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$809.2m (down 21% from FY 2019). Net loss: NT$43.5m (down 130% from profit in FY 2019). 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 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 12
Para Light Electronics Co., Ltd., Annual General Meeting, Jun 04, 2021 Para Light Electronics Co., Ltd., Annual General Meeting, Jun 04, 2021. Is New 90 Day High Low • Jan 04
New 90-day high: NT$11.85 The company is up 53% from its price of NT$7.75 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to NT$11.85, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 12.1x. 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 23%. Is New 90 Day High Low • Dec 17
New 90-day high: NT$10.00 The company is up 21% from its price of NT$8.28 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: NT$8.35 The company is up 6.0% from its price of NT$7.86 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: NT$0.06 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$206.8m (down 34% from 3Q 2019). Net loss: NT$6.64m (down 176% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.