Board Change • Jul 03
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Po-Tsun Liu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 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 9.8% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 63% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin). Reported Earnings • May 12
First quarter 2026 earnings released: EPS: NT$0.43 (vs NT$0.10 in 1Q 2025) First quarter 2026 results: EPS: NT$0.43 (up from NT$0.10 in 1Q 2025). Revenue: NT$2.13b (up 3.9% from 1Q 2025). Net income: NT$189.7m (up 315% from 1Q 2025). Profit margin: 8.9% (up from 2.2% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. New Risk • May 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 63% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 63% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (0.1% net profit margin). Announcement • Mar 16
Giantplus Technology Co., Ltd., Annual General Meeting, Jun 25, 2026 Giantplus Technology Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: no,13, kung yeh rd., lu chu li, toufen city, miaoli county Taiwan Reported Earnings • Mar 15
Full year 2025 earnings released: NT$0.30 loss per share (vs NT$0.15 profit in FY 2024) Full year 2025 results: NT$0.30 loss per share (down from NT$0.15 profit in FY 2024). Revenue: NT$8.60b (down 2.0% from FY 2024). Net loss: NT$131.5m (down 296% from profit in FY 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. New Risk • Jan 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 6.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.025 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.01 (down from NT$0.025 in 3Q 2024). Revenue: NT$2.19b (down 11% from 3Q 2024). Net income: NT$491.0k (down 96% from 3Q 2024). Profit margin: 0% (down from 0.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 08
Second quarter 2025 earnings released: NT$0.67 loss per share (vs NT$0.15 loss in 2Q 2024) Second quarter 2025 results: NT$0.67 loss per share (further deteriorated from NT$0.15 loss in 2Q 2024). Revenue: NT$2.23b (up 17% from 2Q 2024). Net loss: NT$295.7m (loss widened 358% from 2Q 2024). 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. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.15 in 1Q 2024) First quarter 2025 results: EPS: NT$0.10 (down from NT$0.15 in 1Q 2024). Revenue: NT$2.05b (up 2.6% from 1Q 2024). Net income: NT$45.8m (down 31% from 1Q 2024). Profit margin: 2.2% (down from 3.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • May 06
Giantplus Technology Co., Ltd. to Report Q1, 2025 Results on May 13, 2025 Giantplus Technology Co., Ltd. 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$10.90, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 1.6% over the past three years. Announcement • Mar 22
Giantplus Technology Co., Ltd. Announces Directorate Appointments Giantplus Technology Co., Ltd. at its shareholder's meeting held on March 21, 2025, elected two additional directors. Title and name of the new position holder: 1. Director: HSIN-CHEN LU; 2. Director: SUGIMOTO Katsumi. Resume of the new position holder: Director: HSIN-CHEN LU. Chairman of HO KUO Investment Co., Ltd. Director: SUGIMOTO Katsumi: 1. Director and general manager/Giantplus Technology Co., Ltd. and 2. Senior Vice President/Business Division of Giantplus Technology Co., Ltd. Effective date of the new appointment: March 21, 2025. Reported Earnings • Mar 15
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: NT$0.15 (down from NT$0.54 in FY 2023). Revenue: NT$8.77b (down 3.0% from FY 2023). Net income: NT$67.1m (down 72% from FY 2023). Profit margin: 0.8% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 200%. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Mar 13
Giantplus Technology Co., Ltd., Annual General Meeting, Jun 27, 2025 Giantplus Technology Co., Ltd., Annual General Meeting, Jun 27, 2025. Location: no,13, kung yeh rd., lu chu li, toufen city, miaoli county Taiwan Announcement • Mar 05
Giantplus Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025 Giantplus Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 10
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: NT$0.02 (down from NT$0.29 in 3Q 2023). Revenue: NT$2.46b (up 14% from 3Q 2023). Net income: NT$10.9m (down 91% from 3Q 2023). Profit margin: 0.4% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.4%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 17
Upcoming dividend of NT$0.10 per share Eligible shareholders must have bought the stock before 24 September 2024. Payment date: 21 October 2024. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.8%). Reported Earnings • Aug 09
Second quarter 2024 earnings released: NT$0.15 loss per share (vs NT$0.15 profit in 2Q 2023) Second quarter 2024 results: NT$0.15 loss per share (down from NT$0.15 profit in 2Q 2023). Revenue: NT$1.91b (down 19% from 2Q 2023). Net loss: NT$64.5m (down 199% from profit in 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
Giantplus Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024 Giantplus Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024 New Risk • Jul 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 17% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$19.90, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$15.05, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 6.4% over the past three years. Reported Earnings • May 13
First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.12 in 1Q 2023) First quarter 2024 results: EPS: NT$0.15 (up from NT$0.12 in 1Q 2023). Revenue: NT$2.00b (down 15% from 1Q 2023). Net income: NT$66.1m (up 21% from 1Q 2023). Profit margin: 3.3% (up from 2.3% 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 77% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 03
Giantplus Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024 Giantplus Technology Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Announcement • Mar 26
Giantplus Technology Co., Ltd., Annual General Meeting, Jun 28, 2024 Giantplus Technology Co., Ltd., Annual General Meeting, Jun 28, 2024. Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$0.53 (vs NT$1.39 in FY 2022) Full year 2023 results: EPS: NT$0.53 (down from NT$1.39 in FY 2022). Revenue: NT$9.04b (down 13% from FY 2022). Net income: NT$236.2m (down 62% from FY 2022). Profit margin: 2.6% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 15
Giantplus Technology Co., Ltd. Announces the Change of Chief Marketing Officer and Research and Development Officer Giantplus Technology Co., Ltd. appointed GCHIEN-MING TSAI /Director /Director of Marketing & Sales Division as Chief Marketing Officer and GYU-CHENG LIU /Director /Director of Product Design Department as Research and Development Officer, effective April 1, 2024 in place of GYU-CHUNG HSIEH, Chief Marketing Officer and GJIA-XING CHEN, Research and Development Officer. Announcement • Dec 22
Giantplus Technology Co., Ltd. Announces President Changes, Effective January 1, 2024 Giantplus Technology Co., Ltd. announced the appointment of Mr. Sugimoto Katsumi, Senior Vice President of Marketing Business Center of Giantplus Technology Co., Ltd., Consultant of Ortus Business Unit of Toppan INC.; Synaptics Japan VP; Business Manager of Japan Display Inc. as President in place of Mr. Koji Nakamura, effective January 1, 2024. Announcement • Dec 21
Giantplus Technology Co., Ltd. Announces the Resignation of Sugimoto Katsumi as Chief Marketing Officer, Effective January 1, 2024 Giantplus Technology Co., Ltd. announces the resignation of Mr. Sugimoto Katsumi, Senior Vice President of Marketing Business Center as Chief Marketing Officer, effective January 1, 2024. New Risk • Nov 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Upcoming Dividend • Aug 18
Upcoming dividend of NT$0.20 per share at 1.5% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 27 September 2023. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: NT$0.15 (vs NT$0.31 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.15 (down from NT$0.31 in 2Q 2022). Revenue: NT$2.35b (down 9.8% from 2Q 2022). Net income: NT$65.1m (down 53% from 2Q 2022). Profit margin: 2.8% (down from 5.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Aug 10
Giantplus Technology Co., Ltd. Announces Cash Dividend, Payable on September 27, 2023 Giantplus Technology Co., Ltd. announced cash dividend of TWD 88,308,970 (TWD 0.2 per common share). Ex-rights (ex-dividend) trading date: August 25, 2023. Ex-rights (ex-dividend) record date: September 2, 2023. Payment date of cash dividend distribution: September 27, 2023. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: August 9, 2023. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: NT$1.39 (vs NT$0.21 in FY 2021) Full year 2022 results: EPS: NT$1.39 (up from NT$0.21 in FY 2021). Revenue: NT$10.4b (up 1.4% from FY 2021). Net income: NT$613.7m (up NT$521.0m from FY 2021). Profit margin: 5.9% (up from 0.9% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 22% 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 is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Jau-Shin Hon was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.27 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.60 (up from NT$0.27 in 3Q 2021). Revenue: NT$2.57b (down 4.6% from 3Q 2021). Net income: NT$266.7m (up 121% from 3Q 2021). Profit margin: 10% (up from 4.5% in 3Q 2021). The increase in margin was driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: NT$0.31 (vs NT$0.02 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$0.31 (up from NT$0.02 loss in 2Q 2021). Revenue: NT$2.60b (down 3.1% from 2Q 2021). Net income: NT$138.0m (up NT$147.0m from 2Q 2021). Profit margin: 5.3% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 23
Giantplus Technology Co., Ltd. Announces Resignation of Po-Tsun Liu as Member of Audit Committee of the Company Giantplus Technology Co., Ltd. announced the resignation of Mr. Po-Tsun Liu as member of Audit Committee of the Company, effective July 31, 2022. Announcement • Jun 25
Giantplus Technology Co., Ltd. Announces Audit Committee Changes Giantplus Technology Co., Ltd. announced that name of the functional committees: Audit Committee. Name and resume of the previous position holder: Jau-Shin Hon: Associate Professor, Department of Industrial Engineering and Management Information, Tunghai University, Po-Tsun Liu: Distinguished Professor, Department of Photonics, National Chiao Tung University Kuang-Ming Wu: Adjunct Professor, National Taipei University Department of Law. Name and resume of the new position holder: Jau-Shin Hon: Associate Professor, Department of Industrial Engineering and Management Information, Tunghai University Po-Tsun Liu: Distinguished Professor, Department of Photonics, National Chiao Tung University. Chia-Li Shih: Assistant Professor, Tunghai University College of Law. Effective date of new member is June 23, 2022. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.37 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.41 (up from NT$0.37 loss in 1Q 2021). Revenue: NT$2.59b (up 18% from 1Q 2021). Net income: NT$181.0m (up NT$343.9m from 1Q 2021). Profit margin: 7.0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Kuang-Ming Wu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.69 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$2.70b (up 51% from 3Q 2020). Net income: NT$121.0m (up NT$425.5m from 3Q 2020). Profit margin: 4.5% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: NT$0.02 loss per share (vs NT$0.34 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: NT$2.69b (up 51% from 2Q 2020). Net loss: NT$8.99m (loss narrowed 94% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • May 13
First quarter 2021 earnings released: NT$0.37 loss per share (vs NT$0.43 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$2.19b (up 41% from 1Q 2020). Net loss: NT$162.9m (loss narrowed 13% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • May 12
Giantplus Technology Co., Ltd. Resolves Not to Distribute 2020 Dividends Giantplus Technology Co., Ltd. announced on March 23, 2021 that the Board of Directors Resolved not to Distribute 2020 Dividends. Reported Earnings • Mar 25
Full year 2020 earnings released: NT$2.47 loss per share (vs NT$0.46 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$7.16b (down 19% from FY 2019). Net loss: NT$1.09b (loss widened 443% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Mar 25
Giantplus Technology Co., Ltd. Reports Impairment Loss for the Fourth Quarter of 2020 Giantplus Technology Co., Ltd. reported impairment loss for the fourth quarter of 2020. The company recognized an asset impairment loss of TWD 349,315,000 in fourth quarter 2020. Is New 90 Day High Low • Feb 20
New 90-day high: NT$13.05 The company is up 26% from its price of NT$10.35 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period. Announcement • Dec 19
Giantplus Technology Co., Ltd. Announces Appointment of Jerrold Huang as Corporate Governance Officer, Effective January 1, 2021 Giantplus Technology Co., Ltd. announced appointment of Corporate Governance Officer. Name, title, and resume of the new position holder is Jerrold Huang/Director of Intellectual Property & Legal Division as Corporate Governance Officer Effective date is January 1, 2021. Is New 90 Day High Low • Nov 30
New 90-day high: NT$11.95 The company is up 16% from its price of NT$10.30 on 01 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 8.0% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: NT$0.69 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$1.78b (down 22% from 3Q 2019). Net loss: NT$304.5m (down NT$366.5m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 109% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.