Reported Earnings • May 20
First quarter 2026 earnings released: NT$1.20 loss per share (vs NT$0.023 profit in 1Q 2025) First quarter 2026 results: NT$1.20 loss per share (down from NT$0.023 profit in 1Q 2025). Revenue: NT$3.30b (flat on 1Q 2025). Net loss: NT$317.7m (down NT$323.5m from profit in 1Q 2025). New Risk • May 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (NT$2.66b market cap, or US$84.2m). Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: NT$0.68 (vs NT$0.32 in FY 2024) Full year 2025 results: EPS: NT$0.68 (up from NT$0.32 in FY 2024). Revenue: NT$14.1b (down 5.4% from FY 2024). Net income: NT$169.8m (up 126% from FY 2024). Profit margin: 1.2% (up from 0.5% in FY 2024). The increase in margin was driven by lower expenses. Tillkännagivande • Mar 27
Roo Hsing Co., Ltd, Annual General Meeting, Jun 26, 2026 Roo Hsing Co., Ltd, Annual General Meeting, Jun 26, 2026. Location: 2 floor no,99, fu hsing n. rd., taipei city Taiwan Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$11.80, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 19x in the Luxury industry in Taiwan. Total loss to shareholders of 3.5% over the past year. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$0.62 (vs NT$0.056 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.62 (up from NT$0.056 loss in 3Q 2024). Revenue: NT$3.69b (down 16% from 3Q 2024). Net income: NT$162.3m (up NT$175.4m from 3Q 2024). Profit margin: 4.4% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to NT$12.75, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 20x in the Luxury industry in Taiwan. Total returns to shareholders of 15% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.64 loss per share (vs NT$0.34 loss in 2Q 2024) Second quarter 2025 results: NT$0.64 loss per share (further deteriorated from NT$0.34 loss in 2Q 2024). Revenue: NT$3.39b (up 2.2% from 2Q 2024). Net loss: NT$163.6m (loss widened 105% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 12
Now 20% overvalued Over the last 90 days, the stock has fallen 8.9% to NT$12.20. The fair value is estimated to be NT$10.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 28
Now 20% overvalued Over the last 90 days, the stock has fallen 8.3% to NT$12.15. The fair value is estimated to be NT$10.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued Over the last 90 days, the stock has fallen 11% to NT$3.28. The fair value is estimated to be NT$2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 04
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to NT$3.23. The fair value is estimated to be NT$2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$0.01 (vs NT$0.18 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.01 (up from NT$0.18 loss in 1Q 2024). Revenue: NT$3.29b (up 5.3% from 1Q 2024). Net income: NT$5.86m (up NT$163.2m from 1Q 2024). Profit margin: 0.2% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • May 05
Roo Hsing Co., Ltd to Report Q1, 2025 Results on May 12, 2025 Roo Hsing Co., Ltd announced that they will report Q1, 2025 results on May 12, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$3.08, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total loss to shareholders of 43% over the past three years. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$96.5m) This is considered a minor 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 Risk Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risk Market cap is less than US$100m (NT$3.19b market cap, or US$96.5m). Tillkännagivande • Apr 03
Roo Hsing Co., Ltd announced a financing transaction Roo Hsing Co., Ltd announced a private placement to issue 43,680,000 common share on April 1, 2025. The transaction includes participation from new investor, HNY Investment Co., Ltd. The price of common shares is set at no less than 80% of the reference price. The securities issued in the proposed private placement are subject to share transfer restriction for a period of three years. The payment period is from April 1, 2025 to April 15, 2025. The company received approval from the shareholders. New Risk • Mar 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: NT$0.08 (vs NT$0.66 loss in FY 2023) Full year 2024 results: EPS: NT$0.08 (up from NT$0.66 loss in FY 2023). Revenue: NT$14.9b (up 10% from FY 2023). Net income: NT$75.0m (up NT$623.6m from FY 2023). Profit margin: 0.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 25
Roo Hsing Co., Ltd, Annual General Meeting, Jun 27, 2025 Roo Hsing Co., Ltd, Annual General Meeting, Jun 27, 2025. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan Tillkännagivande • Mar 20
Roo Hsing Co., Ltd to Report Fiscal Year 2024 Final Results on Mar 24, 2025 Roo Hsing Co., Ltd announced that they will report fiscal year 2024 final results on Mar 24, 2025 Tillkännagivande • Mar 05
Roo Hsing Co., Ltd to Report Fiscal Year 2024 Results on Mar 12, 2025 Roo Hsing 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$0.01 loss per share (vs NT$0.005 loss in 3Q 2023) Third quarter 2024 results: NT$0.01 loss per share (further deteriorated from NT$0.005 loss in 3Q 2023). Revenue: NT$4.40b (up 15% from 3Q 2023). Net loss: NT$13.1m (loss widened 212% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 05
Roo Hsing Co., Ltd to Report Q3, 2024 Results on Nov 12, 2024 Roo Hsing Co., Ltd announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.032 loss in 2Q 2023) Second quarter 2024 results: NT$0.09 loss per share (further deteriorated from NT$0.032 loss in 2Q 2023). Revenue: NT$3.32b (down 6.2% from 2Q 2023). Net loss: NT$79.8m (loss widened 206% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 05
Roo Hsing Co., Ltd to Report Q2, 2024 Results on Aug 12, 2024 Roo Hsing Co., Ltd announced that they will report Q2, 2024 results on Aug 12, 2024 New Risk • Jul 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 6.6% 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 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (NT$3.07b market cap, or US$93.5m). Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.18 loss per share (vs NT$0.66 loss in 1Q 2023) First quarter 2024 results: NT$0.18 loss per share (improved from NT$0.66 loss in 1Q 2023). Revenue: NT$3.12b (down 2.1% from 1Q 2023). Net loss: NT$157.4m (loss narrowed 71% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Tillkännagivande • May 15
Roo Hsing Co., Ltd Announces the Change of Accounting Officer Roo Hsing Co. Ltd. announced the change of Accounting officer. Name, title, and resume of the previous position holder: HSU, Chung-Jung, Vice President of Finance & Accounting Dept. Name, title, and resume of the new position holder: KUNG, Hsuan Yao, Senior Manager of Finance & Accounting Dept. Reason for the change: Respond to organizational adjustments. Effective date: May 14, 2024. Tillkännagivande • May 08
Roo Hsing Co., Ltd to Report Q1, 2024 Results on May 14, 2024 Roo Hsing Co., Ltd announced that they will report Q1, 2024 results on May 14, 2024 Reported Earnings • Mar 31
Full year 2023 earnings released: NT$0.66 loss per share (vs NT$5.32 loss in FY 2022) Full year 2023 results: NT$0.66 loss per share (improved from NT$5.32 loss in FY 2022). Revenue: NT$13.5b (down 22% from FY 2022). Net loss: NT$548.6m (loss narrowed 87% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 37% 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. Tillkännagivande • Mar 28
Roo Hsing Co., Ltd, Annual General Meeting, Jun 27, 2024 Roo Hsing Co., Ltd, Annual General Meeting, Jun 27, 2024. Location: Primasia Conference & Business Center 15F, No.99, Fuxing N. Rd Taipei City Taiwan Agenda: To consider 2023 Business Report, 2023 Audit Committee's Review Report, 2023 Implementation of Private Placement, Report on the endorsement guarantee of the Company's Subsidiary and the Implementation of over-limit improvement plan; to approve 2023 Operating Report and Financial Statements, The proposal for 2023 Deficit Compensation; to amend the Procedures for Endorsement and Guarantee; and to approve election of director. Tillkännagivande • Dec 02
Roo Hsing Co., Ltd Announces the Change of the Chairman Roo Hsing Co. Ltd. announced the change of the chairman. Name of the previous position holder: CHANG, Shoei-Jiang; Resume of the previous position holder: Chairman of Roo Hsing Co. Ltd. Name of the new position holder: Chi,Chung-Ming; Resume of the new position holder: President of Roo Hsing Co. Ltd. Reason for the change: Newly elected by Board of Directors. Effective date of the new appointment is December 01, 2023. Tillkännagivande • Nov 24
Roo Hsing Co., Ltd Announces Resignation of Chang, Shoei-Jiang as Chairman, Effective December 1, 2023 Roo Hsing Co. Ltd. announced resignation of CHANG, Shoei-Jiang as Chairman of the company. Following the completion of the milestones set out in his employment terms, the current Chairman, Chang hereby tender his resignation. The resignation will take effect from December 1st, 2023. Reported Earnings • Nov 14
Third quarter 2023 earnings released: NT$0.01 loss per share (vs NT$0.30 loss in 3Q 2022) Third quarter 2023 results: NT$0.01 loss per share (improved from NT$0.30 loss in 3Q 2022). Revenue: NT$3.83b (down 22% from 3Q 2022). Net loss: NT$4.19m (loss narrowed 98% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 27
Roo Hsing Co., Ltd announced that it has received TWD 113.515 million in funding from JDU Opportunities Limited On October 26, 2023, Roo Hsing Co., Ltd closed the transaction. The company issued 36,500,000 shares at an issue price of TWD 3.11 per share for gross proceeds of TWD 113,515,000. Tillkännagivande • Oct 14
Roo Hsing Co., Ltd announced that it expects to receive funding from JDU Opportunities Limited and another investor Roo Hsing Co., Ltd announced a private placement to issue 36,500,000 shares on October 12, 2023. The transaction will include participation from HNY Investment Co., Ltd. and ¡B JDU Opportunities Limited. The company will issue Not exceeding 301,073,851 shares and will be conducted in three installments within one year from shareholders meeting date. The transaction has been approved by the shareholders of the company. The transaction is expected to close from October 12, 2023 to October 26, 2023. Tillkännagivande • Sep 26
Roo Hsing Co., Ltd Receives Verdict from Court to Dismiss Chang, Shoei-Jiang as Director The Securities Investors and Futures Traders Protection Center filed a lawsuit to dismiss Mr. Chang Shoei-Jiang as a director of Roo Hsing. Roo Hsing Co. Ltd. on September 25, 2023 received the verdict which rules that Mr. Chang Shoei-Jiang should be dismissed from directorship and the litigation costs shall be borne by Mr. Chang Shoei-Jiang and Roo Hsing together. New Risk • Sep 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% 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 Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 33% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Reported Earnings • Aug 16
Second quarter 2023 earnings released: NT$0.03 loss per share (vs NT$2.61 loss in 2Q 2022) Second quarter 2023 results: NT$0.03 loss per share (improved from NT$2.61 loss in 2Q 2022). Revenue: NT$3.53b (down 25% from 2Q 2022). Net loss: NT$26.1m (loss narrowed 99% from 2Q 2022). 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 30% per year, which means it has not declined as severely as earnings. New Risk • Aug 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.5m) This is considered a minor 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 Shares are highly illiquid. Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.5m). Board Change • Jun 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Representative Director Shu-Fang Yeh is the most experienced director on the board, commencing their role in 2020. Independent Director Peir-Jye Yang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • May 18
Roo Hsing Co., Ltd announced that it expects to receive TWD 1.204 million in funding Roo Hsing Co.,Ltd announced a private placement of domestic secured convertible corporate bonds at face value of TWD 100,000 per bond for gross proceeds of TWD 1,204,000 on May 16, 2023. The bonds will bear no interest and will be issued at par value. The bonds will mature after five years from issuance. The conversion price shall not be lower than the stock price obtained by calculating the simple arithmetic average of the closing prices of ordinary shares, deducting the ex-rights of gratuitous allotment and dividends, and adding back the right of anti-exclusion of capital reduction, or 30 days before the pricing date. The transaction has been approved by the board of directors of the company. Tillkännagivande • Aug 18
Roo Hsing Co., Ltd(TWSE:4414) dropped from S&P Global BMI Index Roo Hsing Co., Ltd(TWSE:4414) dropped from S&P Global BMI Index Tillkännagivande • Aug 02
Roo Hsing Co., Ltd Announces Executive Changes Roo Hsing Co. Ltd. announced change in representative of the Company's institutional director. Name of the previous position holder: Sun Yang. Resume of the previous position holder: Director of Roo Hsing Co. Ltd. Name of the new position holder: CHANG, Shoei-Jiang. Resume of the new position holder: Chairman, Saga Unitek Ventures. Reason for the change: JDU Opportunities Limited assigned a new representative to serve as institutional director. Effective date of the new appointment is August 01, 2022. Tillkännagivande • Jun 02
Roo Hsing Co., Ltd Announces Remuneration Committee Changes Roo Hsing Co. Ltd. appointed additional members of the Remuneration Committee. Name of the new position holder: LEE CHIH HUA. Reason for the change: The original remuneration committee resigns for some reason, and the board of directors re-appoints it according to regulations. Effective date of the new member: March 29, 2022. Resume of the new position holder: GM of Fu Da Sheng Development Corporation GM of Zhuo Tai Construction Co. Ltd. Reported Earnings • May 17
First quarter 2022 earnings released: NT$1.05 loss per share (vs NT$0.32 loss in 1Q 2021) First quarter 2022 results: NT$1.05 loss per share (down from NT$0.32 loss in 1Q 2021). Revenue: NT$4.03b (down 6.1% from 1Q 2021). Net loss: NT$857.6m (loss widened 225% from 1Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 6 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: 2 independent directors. 7 non-independent directors. Independent Director Wen-Chen Lee was the last independent director to join the board, commencing their role in 2020. 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 • Apr 03
Full year 2021 earnings released: NT$2.31 loss per share (vs NT$0.16 loss in FY 2020) Full year 2021 results: NT$2.31 loss per share (down from NT$0.16 loss in FY 2020). Revenue: NT$16.5b (down 3.5% from FY 2020). Net loss: NT$1.89b (loss widened NT$1.76b from FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 31
Roo Hsing Co., Ltd, Annual General Meeting, Jun 29, 2022 Roo Hsing Co., Ltd, Annual General Meeting, Jun 29, 2022. Location: Primasia Conference & Business Center, 15F, No.99, Fuxing N. Rd., Taipei City Taipei City Taiwan Agenda: To consider the reported matters of 2021 Business Report, 2021 Audit Committee's Review Report, 2021 Implementation of Private Placement, Report on the endorsement guarantee of the Company's Subsidiary and the Implementation of over-limit improvement plan; to consider Acknowledged matters of 2021 Operating Report and Financial Statements, The proposal for 2021 Deficit Compensation; to consider election for one independent director; and to consider other matters. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.045 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.23b (up 5.6% from 3Q 2020). Net income: NT$141.6m (up 288% from 3Q 2020). Profit margin: 2.7% (up from 0.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.50 loss per share (vs NT$0.12 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$3.25b (down 25% from 2Q 2020). Net loss: NT$409.3m (loss widened 311% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
First quarter 2021 earnings released: NT$0.32 loss per share (vs NT$0.35 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$4.29b (up 12% from 1Q 2020). Net loss: NT$263.8m (loss narrowed 7.6% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$0.16 loss per share (vs NT$1.37 loss in FY 2019) The company reported a solid full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2020 results: Revenue: NT$17.1b (flat on FY 2019). Net loss: NT$129.7m (loss narrowed 88% from FY 2019). 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 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 28
New 90-day low: NT$9.36 The company is down 18% from its price of NT$11.45 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: NT$10.30 The company is down 14% from its price of NT$12.00 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 Luxury industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: NT$10.95 The company is down 14% from its price of NT$12.70 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 Luxury industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day low: NT$11.05 The company is down 11% from its price of NT$12.45 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS NT$0.04 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$4.95b (down 1.5% from 3Q 2019). Net income: NT$36.5m (down 28% from 3Q 2019). Profit margin: 0.7% (down from 1.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 16
New 90-day low: NT$11.65 The company is down 14% from its price of NT$13.60 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$11.70 The company is down 8.0% from its price of NT$12.75 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.