Reported Earnings • May 20
First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.13 in 1Q 2025) First quarter 2026 results: EPS: NT$0.30 (up from NT$0.13 in 1Q 2025). Revenue: NT$1.37b (up 2.1% from 1Q 2025). Net income: NT$50.0m (up 121% from 1Q 2025). Profit margin: 3.7% (up from 1.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% 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. New Risk • Apr 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.03b market cap, or US$95.5m). Reported Earnings • Mar 27
Full year 2025 earnings released: NT$0.61 loss per share (vs NT$1.59 profit in FY 2024) Full year 2025 results: NT$0.61 loss per share (down from NT$1.59 profit in FY 2024). Revenue: NT$5.26b (down 4.4% from FY 2024). Net loss: NT$103.4m (down 139% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 11
K Laser Technology Inc., Annual General Meeting, May 25, 2026 K Laser Technology Inc., Annual General Meeting, May 25, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 12% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.58b market cap, or US$82.8m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.22 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.10 (down from NT$0.22 in 3Q 2024). Revenue: NT$1.34b (down 2.0% from 3Q 2024). Net income: NT$17.2m (down 54% from 3Q 2024). Profit margin: 1.3% (down from 2.7% in 3Q 2024). 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 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.55 loss per share (vs NT$1.47 profit in 2Q 2024) Second quarter 2025 results: NT$0.55 loss per share (down from NT$1.47 profit in 2Q 2024). Revenue: NT$1.24b (down 8.5% from 2Q 2024). Net loss: NT$93.8m (down 138% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 08
Now 21% undervalued Over the last 90 days, the stock has risen 16% to NT$15.70. The fair value is estimated to be NT$19.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 12%. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.13 (vs NT$0.097 in 1Q 2024) First quarter 2025 results: EPS: NT$0.13 (up from NT$0.097 in 1Q 2024). Revenue: NT$1.34b (down 6.1% from 1Q 2024). Net income: NT$22.6m (up 40% from 1Q 2024). Profit margin: 1.7% (up from 1.1% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 06
K Laser Technology Inc. to Report Q1, 2025 Results on May 13, 2025 K Laser Technology Inc. announced that they will report Q1, 2025 results on May 13, 2025 Buy Or Sell Opportunity • Apr 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to NT$14.95. The fair value is estimated to be NT$19.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 21%. New Risk • Mar 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.30b (US$99.6m) 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$3.30b market cap, or US$99.6m). Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$1.59 (vs NT$0.66 in FY 2023) Full year 2024 results: EPS: NT$1.59 (up from NT$0.66 in FY 2023). Revenue: NT$5.50b (down 3.1% from FY 2023). Net income: NT$266.6m (up 156% from FY 2023). Profit margin: 4.8% (up from 1.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 14
K Laser Technology Inc., Annual General Meeting, May 28, 2025 K Laser Technology Inc., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 4 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan New Risk • Jan 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.29b (US$99.7m) 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$3.29b market cap, or US$99.7m). Tillkännagivande • Dec 27
K Laser Technology Inc. Announces Research and Development Officer Changes K Laser Technology Inc. announced that Woody Wu/Manager/R&D Department will replace Kung Linliu as research and development officer, effective December 26, 2024. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.22 (vs NT$0.26 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.22 (down from NT$0.26 in 3Q 2023). Revenue: NT$1.37b (down 4.5% from 3Q 2023). Net income: NT$37.0m (down 12% from 3Q 2023). Profit margin: 2.7% (down from 2.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Nov 06
K Laser Technology Inc. to Report Q3, 2024 Results on Nov 13, 2024 K Laser Technology Inc. announced that they will report Q3, 2024 results on Nov 13, 2024 Tillkännagivande • Oct 02
K Laser Technology Inc. Announces Accounting Officer Changes K Laser Technology Inc. announces Changes in Accounting officer. Name, title, and resume of the previous position holder: Hung Ya Ching/Accounting officer; Name, title, and resume of the new position holder: Teresa Huang /CFO; Type of the change: Resignation; Reason for the change: Personal career plan; Effective date: October 1, 2024. Upcoming Dividend • Sep 06
Upcoming dividend of NT$0.20 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 07 October 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (2.9%). Tillkännagivande • Aug 21
K Laser Technology Inc. Declares Cash Dividend for the Second Quarter of 2024, Payable on October 7, 2024 K Laser Technology Inc. declared a cash dividends of TWD 33,647,680 of common stock for the second quarter of 2024. Ex-rights (ex-dividend) trading date is September 13, 2024. Ex-rights (ex-dividend) record date is September 21, 2024. Payment date of common stock cash dividend distribution is October 7, 2024. New Risk • Aug 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (7.2% increase in shares outstanding). Buy Or Sell Opportunity • Aug 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to NT$20.90. The fair value is estimated to be NT$26.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 34%. Tillkännagivande • Jul 31
K Laser Technology Inc. to Report Q2, 2024 Results on Aug 07, 2024 K Laser Technology Inc. announced that they will report Q2, 2024 results on Aug 07, 2024 Upcoming Dividend • Jul 11
Upcoming dividend of NT$0.65 per share Eligible shareholders must have bought the stock before 18 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%). Buy Or Sell Opportunity • Jun 11
Now 22% undervalued Over the last 90 days, the stock has risen 9.9% to NT$24.95. The fair value is estimated to be NT$31.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 34%. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.34 in 1Q 2023) First quarter 2024 results: EPS: NT$0.10 (down from NT$0.34 in 1Q 2023). Revenue: NT$1.43b (up 3.1% from 1Q 2023). Net income: NT$16.1m (down 69% from 1Q 2023). Profit margin: 1.1% (down from 3.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • May 05
K Laser Technology Inc. to Report Q1, 2024 Results on May 13, 2024 K Laser Technology Inc. announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: NT$0.66 (vs NT$1.82 in FY 2022) Full year 2023 results: EPS: NT$0.66 (down from NT$1.82 in FY 2022). Revenue: NT$5.68b (down 12% from FY 2022). Net income: NT$104.1m (down 63% from FY 2022). Profit margin: 1.8% (down from 4.3% in FY 2022). 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 5% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 05
K Laser Technology Inc. has filed a Follow-on Equity Offering in the amount of $1.5 million. K Laser Technology Inc. has filed a Follow-on Equity Offering in the amount of $1.5 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$24.85, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 15x in the Packaging industry in Taiwan. Total returns to shareholders of 106% over the past three years. Upcoming Dividend • Jun 13
Upcoming dividend of NT$1.48 per share at 7.5% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 17 July 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.9%). New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. Independent Director Ren Liu was the last 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: Insufficient board refreshment. Tillkännagivande • May 26
K Laser Technology Inc. Announces Cash Dividend for 2022 Fourth Quarter, Payable on July 17, 2023 K Laser Technology Inc. announced cash dividend of TWD 230,030,408 of common stock for 2022 fourth quarter. Ex-rights (ex-dividend) trading date is June 20, 2023. Ex-rights (ex-dividend) record date is June 30, 2023. Payment date of cash dividend distribution is July 17, 2023. Tillkännagivande • May 17
K Laser Technology Inc. Announces Executive Changes K Laser Technology Inc. announced the election of Mr. Zheng An Wang /Independent Director, Mr. Hua Sheng Xu /Independent Director, Ms. Li Hua Liao /Independent Director in place of Ms. Gen Sen Chang Hsieh/Independent Director; Mr. Bi Xin Huang /Independent Director; Mr. Ren Liu /Independent Director. The effective date of the new member is on May 15, 2023. Tillkännagivande • May 06
K Laser Technology Inc. Announces Term Expiration for the Audit Committee Members of K Laser and the Re-Election for Members K Laser Technology Inc. announced term expiration for the Audit Committee Members of K Laser and the Re-election for Members. Name of the functional committees: Audit Committee. Name of the previous position holder: Ms. Gen Sen Chang Hsieh; Mr. Bi Xin Huang; Mr. Ren Liu. Resume of the previous position holder: Ms. Gen Sen Chang Hsieh/Independent Director, K Laser Tech.INC. Mr. Bi Xin Huang /Independent Director, K Laser Tech.INC. Mr. Ren Liu /Independent Director, K Laser Tech.INC. Name of the new position holder: Mr. Bi Xin Huang, Mr. Zheng An Wang Mr. Hua Sheng Xu Ms. Li Hua Liao. Resume of the new position holder: Mr. Bi Xin Huang /Independent Director, K Laser Tech.INC. Mr. Zheng An Wang /Independent Director, K Laser Tech.INC. Mr.Hua Sheng Xu /Independent Director, K Laser Tech.INC. Ms. Li Hua Liao /Independent Director, K Laser Tech.INC. Effective date of the new member: May 5, 2023. Buying Opportunity • Apr 20
Now 21% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be NT$28.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: NT$1.82 (vs NT$2.42 in FY 2021) Full year 2022 results: EPS: NT$1.82 (down from NT$2.42 in FY 2021). Revenue: NT$6.42b (up 4.5% from FY 2021). Net income: NT$277.3m (down 24% from FY 2021). Profit margin: 4.3% (down from 5.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ren Liu 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. Insufficient board refreshment. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.82 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.43 (down from NT$0.82 in 3Q 2021). Revenue: NT$1.57b (up 7.8% from 3Q 2021). Net income: NT$66.7m (down 46% from 3Q 2021). Profit margin: 4.2% (down from 8.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 01
Upcoming dividend of NT$0.30 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 07 October 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 9.3%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (5.8%). Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.46 (vs NT$0.80 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.46 (down from NT$0.80 in 2Q 2021). Revenue: NT$1.67b (up 9.2% from 2Q 2021). Net income: NT$69.8m (down 42% from 2Q 2021). Profit margin: 4.2% (down from 7.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 16
Upcoming dividend of NT$1.19 per share Eligible shareholders must have bought the stock before 23 June 2022. Payment date: 13 July 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 8.4%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.9%). Tillkännagivande • Jun 09
K Laser Technology Inc. Announces Adjustment of Fourth Quarter 2021 Cash Dividend Ratio K Laser Technology Inc. announced the adjustment of fourth quarter 2021 cash dividend ratio. Type and monetary amount of original dividend distribution: Cash dividend: total amount TWD 182,114,872 (TWD 1.2 per share). Type and monetary amount of dividend distribution after the change: Cash dividend: total amount TWD 182,114,872 (TWD 1.19180364 per share). Reason for the change: As the bond holders of K Laser 6th Domestic Secured Convertible Bonds requested for conversion, the outstanding shares of the Company have changed. The Chairman is authorized to adjust the ratios of cash dividend. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$0.54 (vs NT$0.75 in 1Q 2021) First quarter 2022 results: EPS: NT$0.54 (down from NT$0.75 in 1Q 2021). Revenue: NT$1.64b (up 10% from 1Q 2021). Net income: NT$81.4m (down 28% from 1Q 2021). Profit margin: 5.0% (down from 7.6% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ren Liu 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. Insufficient board refreshment. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: NT$2.34 (vs NT$0.96 in FY 2020) Full year 2021 results: EPS: NT$2.34 (up from NT$0.96 in FY 2020). Revenue: NT$6.15b (up 13% from FY 2020). Net income: NT$363.7m (up 152% from FY 2020). Profit margin: 5.9% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. 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 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 17% share price gain to NT$26.45, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Packaging industry in Taiwan. Total returns to shareholders of 115% over the past three years. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.82 (vs NT$0.39 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$1.46b (down 3.2% from 3Q 2020). Net income: NT$123.6m (up 110% from 3Q 2020). Profit margin: 8.5% (up from 3.9% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 27
Upcoming dividend of NT$0.54 per share Eligible shareholders must have bought the stock before 03 September 2021. Payment date: 28 September 2021. Trailing yield: 9.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%). Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$0.80 (vs NT$0.29 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.53b (up 18% from 2Q 2020). Net income: NT$120.5m (up 174% from 2Q 2020). Profit margin: 7.9% (up from 3.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to NT$20.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 11x in the Packaging industry in Taiwan. Total returns to shareholders of 39% over the past three years. Upcoming Dividend • May 22
Upcoming dividend of NT$0.96 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 30 June 2021. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.024 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.48b (up 28% from 1Q 2020). Net income: NT$112.7m (up NT$108.9m from 1Q 2020). Profit margin: 7.6% (up from 0.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS NT$0.96 (vs NT$0.79 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$5.44b (up 4.6% from FY 2019). Net income: NT$144.4m (up NT$264.2m from FY 2019). Profit margin: 2.7% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 16
New 90-day high: NT$19.80 The company is up 2.0% from a price of NT$19.40 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Lagged the Packaging industry, which is up 5.0% over the same period. Tillkännagivande • Mar 10
K Laser Technology Inc., Annual General Meeting, May 28, 2021 K Laser Technology Inc., Annual General Meeting, May 28, 2021. Location: GIS HSP Convention Center,Edison, 2F,No.1, Gongye E. 2nd Rd., East Dist., Hsinchu City Taiwan Agenda: To consider 2020 Business Report; to consider Audit Committee Audited Report on 2020 Financial Statements; to consider report the distribution of compensation to employee, directors for 2020; to consider Cash Dividend Distribution Report for 2020; to consider report the reasons for Offer corporate bonds and related matters. in 2020; and to consider report the amendments and execution status of treasure stocks transferred to staff in 2020. Is New 90 Day High Low • Nov 20
New 90-day high: NT$17.30 The company is up 15% from its price of NT$15.05 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 12% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.39 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.51b (up 4.2% from 3Q 2019). Net income: NT$59.0m (up 189% from 3Q 2019). Profit margin: 3.9% (up from 1.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Tillkännagivande • Nov 12
K Laser Technology Inc. to Report Q3, 2020 Results on Nov 11, 2020 K Laser Technology Inc. announced that they will report Q3, 2020 results on Nov 11, 2020 Tillkännagivande • Jun 30
K Laser Technology Inc. (TSEC:2461) agreed to acquire remaining 3.43% in Everest Display Inc. K Laser Technology Inc. (TSEC:2461) agreed to acquire remaining 3.43% in Everest Display Inc. on May 12, 2020. The offer per share for the cash acquisition is TWD 112.75. Pre deal, K Laser Technology held 96.57% stake and post completion of the deal, it will hold 100% stake in Everest Display. The deal was approved by the Board of Directors of K Laser Technology on May 12, 2020. The deal is expected to close on June 30, 2020.