Reported Earnings • May 11
First quarter 2026 earnings released: NT$0.60 loss per share (vs NT$0.51 loss in 1Q 2025) First quarter 2026 results: NT$0.60 loss per share (further deteriorated from NT$0.51 loss in 1Q 2025). Revenue: NT$45.7m (down 12% from 1Q 2025). Net loss: NT$43.5m (loss widened 17% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ker-Jer Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2025 earnings released: NT$2.36 loss per share (vs NT$3.18 loss in FY 2024) Full year 2025 results: NT$2.36 loss per share (improved from NT$3.18 loss in FY 2024). Revenue: NT$281.9m (up 18% from FY 2024). Net loss: NT$172.1m (loss narrowed 5.0% from FY 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 13
Solid State System Co., Ltd., Annual General Meeting, May 27, 2026 Solid State System Co., Ltd., Annual General Meeting, May 27, 2026. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan New Risk • Dec 31
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.66b market cap, or US$53.1m). Reported Earnings • Nov 12
Third quarter 2025 earnings released: NT$0.54 loss per share (vs NT$0.59 loss in 3Q 2024) Third quarter 2025 results: NT$0.54 loss per share. Revenue: NT$69.3m (up 10% from 3Q 2024). Net loss: NT$39.3m (loss widened 17% from 3Q 2024). Reported Earnings • Aug 09
Second quarter 2025 earnings released: NT$0.66 loss per share (vs NT$0.75 loss in 2Q 2024) Second quarter 2025 results: NT$0.66 loss per share. Revenue: NT$52.8m (down 13% from 2Q 2024). Net loss: NT$48.4m (loss widened 13% from 2Q 2024). Reported Earnings • May 09
First quarter 2025 earnings released: NT$0.51 loss per share (vs NT$1.11 loss in 1Q 2024) First quarter 2025 results: NT$0.51 loss per share (improved from NT$1.11 loss in 1Q 2024). Revenue: NT$51.9m (up 23% from 1Q 2024). Net loss: NT$37.3m (loss narrowed 41% from 1Q 2024). 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 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 01
Solid State System Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Solid State System Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 New Risk • Apr 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% 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 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (NT$1.84b market cap, or US$55.3m). New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% 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 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.46b market cap, or US$44.1m). Tillkännagivande • Feb 24
Solid State System Co., Ltd., Annual General Meeting, May 27, 2025 Solid State System Co., Ltd., Annual General Meeting, May 27, 2025, at 10:00 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan Tillkännagivande • Feb 13
Solid State System Co., Ltd. to Report Q4, 2024 Results on Feb 20, 2025 Solid State System Co., Ltd. announced that they will report Q4, 2024 results on Feb 20, 2025 Tillkännagivande • Jan 01
Solid State System Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 352 million. Solid State System Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 352 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,200,000
Price\Range: TWD 22
Security Name: Shares
Security Type: Common Stock
Securities Offered: 12,800,000
Price\Range: TWD 22
Transaction Features: Reserved Share Offering; Rights Offering Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.59 loss per share (vs NT$1.36 loss in 3Q 2023) Third quarter 2024 results: NT$0.59 loss per share (improved from NT$1.36 loss in 3Q 2023). Revenue: NT$62.9m (up 12% from 3Q 2023). Net loss: NT$33.6m (loss narrowed 50% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: NT$0.75 loss per share (vs NT$1.10 loss in 2Q 2023) Second quarter 2024 results: NT$0.75 loss per share (improved from NT$1.10 loss in 2Q 2023). Revenue: NT$61.0m (down 20% from 2Q 2023). Net loss: NT$42.6m (loss narrowed 22% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Tillkännagivande • Aug 01
Solid State System Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Solid State System Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 19
First quarter 2024 earnings released First quarter 2024 results: Revenue: NT$42.2m (down 53% from 1Q 2023). Net loss: NT$63.4m (loss widened 188% from 1Q 2023). New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 72% This is considered a major 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 Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$1.56b market cap, or US$48.5m). Tillkännagivande • May 03
Solid State System Co., Ltd. to Report Q1, 2024 Results on May 09, 2024 Solid State System Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 09, 2024 Tillkännagivande • Apr 24
Solid State System Co., Ltd. announced a financing transaction Solid State System Co., Ltd. announced that it will issue not more than 20,000,000 shares on April 23, 2024. The transaction has been approved by the board of directors of the company. New Risk • Mar 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 26% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (NT$1.57b market cap, or US$49.9m). Reported Earnings • Mar 06
Full year 2023 earnings released: NT$4.34 loss per share (vs NT$3.15 loss in FY 2022) Full year 2023 results: NT$4.34 loss per share (further deteriorated from NT$3.15 loss in FY 2022). Revenue: NT$275.6m (down 32% from FY 2022). Net loss: NT$220.0m (loss widened 41% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 04
Third quarter 2023 earnings released: NT$1.36 loss per share (vs NT$0.70 loss in 3Q 2022) Third quarter 2023 results: NT$1.36 loss per share (further deteriorated from NT$0.70 loss in 3Q 2022). Revenue: NT$56.0m (down 37% from 3Q 2022). Net loss: NT$67.8m (loss widened 95% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Tillkännagivande • Nov 03
Solid State System Co., Ltd. Announces the Appointment of Lucy Sun as Internal Audit Officer Solid State System Co., Ltd. announced the appointment of Lucy Sun as internal audit officer. Name, title, and resume of the new position holder: Lucy Sun/internal audit officer - Auditor of SILITECH TECHNOLOGY Co., Ltd. Effective date: November 2, 2023. The appointment of internal audit officer has been approved by the Audit Committee and the Board of Directors of the Company on November 2,2023. Reported Earnings • Aug 05
Second quarter 2023 earnings released: NT$1.10 loss per share (vs NT$0.28 loss in 2Q 2022) Second quarter 2023 results: NT$1.10 loss per share (further deteriorated from NT$0.28 loss in 2Q 2022). Revenue: NT$75.8m (down 22% from 2Q 2022). Net loss: NT$54.8m (loss widened 165% from 2Q 2022). 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 1% per year, which means it is well ahead of earnings. New Risk • Jul 27
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 Less than 1 year of cash runway based on free cash flow trend (-NT$125m free cash flow). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.07b market cap, or US$34.3m). Reported Earnings • Mar 19
Full year 2022 earnings released Full year 2022 results: Revenue: NT$402.6m (down 42% from FY 2021). Net loss: NT$156.6m (down NT$157.7m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheermore Huang was the last independent director to join the board, commencing their role in 2018. 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 06
Third quarter 2022 earnings released: NT$0.47 loss per share (vs NT$0.14 profit in 3Q 2021) Third quarter 2022 results: NT$0.47 loss per share (down from NT$0.14 profit in 3Q 2021). Revenue: NT$89.3m (down 48% from 3Q 2021). Net loss: NT$34.7m (down 485% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 05
Second quarter 2022 earnings released: NT$0.28 loss per share (vs NT$0.091 profit in 2Q 2021) Second quarter 2022 results: NT$0.28 loss per share (down from NT$0.091 profit in 2Q 2021). Revenue: NT$97.6m (down 44% from 2Q 2021). Net loss: NT$20.7m (down 450% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 11
First quarter 2022 earnings released: NT$0.35 loss per share (vs NT$0.13 loss in 1Q 2021) First quarter 2022 results: NT$0.35 loss per share (down from NT$0.13 loss in 1Q 2021). Revenue: NT$116.1m (down 37% from 1Q 2021). Net loss: NT$25.8m (loss widened 220% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheermore Huang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Mar 06
Solid State System Co., Ltd., Annual General Meeting, Jun 21, 2022 Solid State System Co., Ltd., Annual General Meeting, Jun 21, 2022. Location: The Auditorium located in 2F, No. 26 Taiyuen Street, Zubei city Hsinchu County Taiwan Agenda: To consider the 2021 business report; to consider the review report of the Audit Committee; to consider the report on the revisions to the fundraising plan through the private placement of 3S common shares; to consider the status report on the execution of the sound operation plan for the 2020 capital reduction; to consider the status report on the execution of the sound operation plan for the 2021 cash capital raising plan; to accept the 2021 Business Report and Financial Statements; to accept the Statement of Loss Offsetting for year 2021; to approve the revisions to the "Procedures for Acquisition or Disposal of Assets of the Company"; to approve the capital increase through the private placement of 3S common shares; and to consider other matters. Reported Earnings • Mar 05
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: NT$0.02 (up from NT$1.21 loss in FY 2020). Revenue: NT$692.4m (up 6.4% from FY 2020). Net income: NT$1.16m (up NT$79.5m from FY 2020). Profit margin: 0.2% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 3.6%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.45 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$174.5m (up 13% from 2Q 2020). Net income: NT$5.91m (down 80% from 2Q 2020). Profit margin: 3.4% (down from 19% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • May 09
First quarter 2021 earnings released: NT$0.12 loss per share (vs NT$0.55 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$183.9m (up 58% from 1Q 2020). Net loss: NT$8.07m (loss narrowed 77% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Mar 12
Full year 2020 earnings released: NT$1.21 loss per share (vs NT$1.86 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$650.5m (up 2.7% from FY 2019). Net loss: NT$78.4m (loss narrowed 35% from FY 2019). 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 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 24
New 90-day high: NT$53.00 The company is up 9.0% from its price of NT$48.45 on 26 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: NT$38.30 The company is up 85% from its price of NT$20.69 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 7.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: NT$0.45 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$183.3m (up 24% from 3Q 2019). Net loss: NT$29.4m (loss narrowed 19% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 12
New 90-day high: NT$32.00 The company is up 54% from its price of NT$20.75 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 19% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: NT$32.00 The company is up 59% from its price of NT$20.19 on 10 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 18% over the same period.