New Risk • Jul 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$322.8m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.3% per year over the past 5 years. Market cap is less than US$10m (NT$322.8m market cap, or US$9.95m). Minor Risk Revenue is less than US$5m (NT$102m revenue, or US$3.1m). Announcement • Mar 24
Grand Green Energy Co., LTD., Annual General Meeting, Jun 15, 2026 Grand Green Energy Co., LTD., Annual General Meeting, Jun 15, 2026. Location: r floor no,908, ching kuo rd., lujhu district, taoyuan city Taiwan New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$66m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 17% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$113m revenue, or US$3.6m). Market cap is less than US$100m (NT$515.9m market cap, or US$16.4m). New Risk • Aug 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$66m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$66m free cash flow). Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (NT$113m revenue, or US$3.8m). Market cap is less than US$100m (NT$506.7m market cap, or US$16.9m). New Risk • Aug 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 7.6% 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 (7.6% average weekly change). Earnings have declined by 33% per year over the past 5 years. Minor Risks Revenue is less than US$5m (NT$131m revenue, or US$4.4m). Market cap is less than US$100m (NT$481.9m market cap, or US$16.1m). New Risk • Jul 11
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (NT$131m revenue, or US$4.5m). Market cap is less than US$100m (NT$481.9m market cap, or US$16.5m). New Risk • Apr 23
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: NT$131m (US$4.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Revenue is less than US$5m (NT$131m revenue, or US$4.0m). Market cap is less than US$100m (NT$518.8m market cap, or US$16.0m). Reported Earnings • Apr 23
Full year 2024 earnings released: NT$0.72 loss per share (vs NT$1.69 loss in FY 2023) Full year 2024 results: NT$0.72 loss per share (improved from NT$1.69 loss in FY 2023). Revenue: NT$130.5m (down 55% from FY 2023). Net loss: NT$41.2m (loss narrowed 50% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Announcement • Mar 07
Grand Green Energy Co., LTD., Annual General Meeting, Jun 16, 2025 Grand Green Energy Co., LTD., Annual General Meeting, Jun 16, 2025. Location: r floor no,908, ching kuo rd., lujhu district, taoyuan city Taiwan Buy Or Sell Opportunity • Mar 03
Now 23% overvalued Over the last 90 days, the stock has fallen 13% to NT$10.40. The fair value is estimated to be NT$8.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 26%. New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$585.1m market cap, or US$17.8m). New Risk • Feb 14
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 8.1% 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 (8.1% average weekly change). Earnings have declined by 48% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$611.0m market cap, or US$18.6m). New Risk • Dec 20
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 6.3% 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 48% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$674.4m market cap, or US$20.6m). Buy Or Sell Opportunity • Dec 20
Now 29% overvalued Over the last 90 days, the stock has fallen 13% to NT$11.70. The fair value is estimated to be NT$9.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 26%. Buy Or Sell Opportunity • Nov 14
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to NT$11.45. The fair value is estimated to be NT$9.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 26%. Reported Earnings • Apr 28
Full year 2023 earnings released: NT$1.69 loss per share (vs NT$1.64 loss in FY 2022) Full year 2023 results: NT$1.69 loss per share (further deteriorated from NT$1.64 loss in FY 2022). Revenue: NT$292.8m (down 21% from FY 2022). Net loss: NT$81.9m (loss widened 4.9% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Mar 30
Grand Green Energy Co., LTD., Annual General Meeting, Jun 24, 2024 Grand Green Energy Co., LTD., Annual General Meeting, Jun 24, 2024. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$994.4m market cap, or US$31.4m). New Risk • Feb 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (NT$951.1m market cap, or US$30.3m). New Risk • Jan 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 5.4% 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 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (NT$771.8m market cap, or US$24.4m). Reported Earnings • Apr 28
Full year 2022 earnings released: NT$1.64 loss per share (vs NT$0.88 loss in FY 2021) Full year 2022 results: NT$1.64 loss per share (further deteriorated from NT$0.88 loss in FY 2021). Revenue: NT$370.7m (up 9.0% from FY 2021). Net loss: NT$78.1m (loss widened 104% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
Full year 2021 earnings released: NT$0.88 loss per share (vs NT$0.89 loss in FY 2020) Full year 2021 results: NT$0.88 loss per share. Revenue: NT$340.2m (up 58% from FY 2020). Net loss: NT$38.2m (loss widened 3.9% from FY 2020). Reported Earnings • Aug 18
First half 2021 earnings released: NT$0.09 loss per share (vs NT$0.093 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: NT$115.5m (down 4.9% from 1H 2020). Net loss: NT$3.54m (loss narrowed 8.2% from 1H 2020). Reported Earnings • May 02
Full year 2020 earnings released: NT$0.89 loss per share (vs NT$0.25 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: NT$214.7m (up 3.6% from FY 2019). Net loss: NT$36.8m (down 454% from profit in FY 2019). Is New 90 Day High Low • Jan 08
New 90-day low: NT$11.45 The company is down 16% from its price of NT$13.60 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: NT$11.90 The company is down 14% from its price of NT$13.90 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: NT$14.80 The company is up 4.0% from its price of NT$14.25 on 04 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 Renewable Energy industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 05
New 90-day low: NT$13.40 The company is down 16% from its price of NT$16.00 on 06 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 2.0% over the same period.