New Risk • May 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 9.3% 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 15% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • May 11
First quarter 2026 earnings released: EPS: NT$0.10 (vs NT$0.10 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.10 (up from NT$0.10 loss in 1Q 2025). Revenue: NT$852.9m (up 19% from 1Q 2025). Net income: NT$22.2m (up NT$44.1m from 1Q 2025). Profit margin: 2.6% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 05
Acme Electronics Corporation, Annual General Meeting, May 26, 2026 Acme Electronics Corporation, Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,777, ta kuan rd., dayuan dist., taoyuan city Taiwan Reported Earnings • Nov 13
Third quarter 2025 earnings released: NT$0.02 loss per share (vs NT$0.23 profit in 3Q 2024) Third quarter 2025 results: NT$0.02 loss per share (down from NT$0.23 profit in 3Q 2024). Revenue: NT$774.5m (down 8.3% from 3Q 2024). Net loss: NT$3.54m (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.28 loss per share (vs NT$0.39 profit in 2Q 2024) Second quarter 2025 results: NT$0.28 loss per share (down from NT$0.39 profit in 2Q 2024). Revenue: NT$728.3m (down 11% from 2Q 2024). Net loss: NT$60.2m (down 172% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$22.60, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total loss to shareholders of 30% over the past three years. Reported Earnings • May 09
First quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.26 profit in 1Q 2024) First quarter 2025 results: NT$0.10 loss per share (down from NT$0.26 profit in 1Q 2024). Revenue: NT$719.3m (flat on 1Q 2024). Net loss: NT$21.8m (down 139% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 25
Acme Electronics Corporation to Report Q1, 2025 Results on May 02, 2025 Acme Electronics Corporation announced that they will report Q1, 2025 results on May 02, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$18.20, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 49% over the past three years. Tillkännagivande • Mar 26
Acme Electronics Corporation Announces Resignation of Chang, Lee-Chiou as Independent Director and Member of Audit Committee/ Remuneration Committee Acme Electronics Corporation announced Change of an independent director. Title and name of the previous position holder: independent director/Mr. Chang, Lee-Chiou. Resume of the previous position holder: Independent Director/Audit Committee/Remuneration Committee of Acme Electronics Corporation. Reason for the change: resignation. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$0.73 (vs NT$0.81 loss in FY 2023) Full year 2024 results: EPS: NT$0.73 (up from NT$0.81 loss in FY 2023). Revenue: NT$3.10b (up 21% from FY 2023). Net income: NT$155.3m (up NT$326.5m from FY 2023). Profit margin: 5.0% (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 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 05
Acme Electronics Corporation, Annual General Meeting, May 27, 2025 Acme Electronics Corporation, Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: no,777, ta kuan rd., dayuan dist., taoyuan city Taiwan Tillkännagivande • Feb 25
Acme Electronics Corporation to Report Fiscal Year 2024 Results on Mar 04, 2025 Acme Electronics Corporation announced that they will report fiscal year 2024 results on Mar 04, 2025 New Risk • Feb 05
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 Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.23 (vs NT$0.14 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.23 (up from NT$0.14 loss in 3Q 2023). Revenue: NT$844.4m (up 36% from 3Q 2023). Net income: NT$49.1m (up NT$78.3m from 3Q 2023). Profit margin: 5.8% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. 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 17% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 26
Acme Electronics Corporation to Report Q3, 2024 Results on Nov 04, 2024 Acme Electronics Corporation announced that they will report Q3, 2024 results on Nov 04, 2024 Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.31 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.39 (up from NT$0.31 loss in 2Q 2023). Revenue: NT$820.8m (up 34% from 2Q 2023). Net income: NT$83.2m (up NT$148.9m from 2Q 2023). Profit margin: 10% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 25
Acme Electronics Corporation to Report Q2, 2024 Results on Aug 01, 2024 Acme Electronics Corporation announced that they will report Q2, 2024 results on Aug 01, 2024 Reported Earnings • Jul 12
First quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.30 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.26 (up from NT$0.30 loss in 1Q 2023). Revenue: NT$718.0m (up 13% from 1Q 2023). Net income: NT$55.8m (up NT$118.1m from 1Q 2023). Profit margin: 7.8% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance. New Risk • Mar 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% 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 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Mar 15
Full year 2023 earnings released: NT$0.81 loss per share (vs NT$0.089 profit in FY 2022) Full year 2023 results: NT$0.81 loss per share (down from NT$0.089 profit in FY 2022). Revenue: NT$2.55b (down 17% from FY 2022). Net loss: NT$171.2m (down NT$187.6m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 06
Acme Electronics Corporation, Annual General Meeting, May 28, 2024 Acme Electronics Corporation, Annual General Meeting, May 28, 2024, at 09:00 Taipei Standard Time. Location: No.777 Daguan Road, Dayuan District Sheraton Taoyuan Hotel Taoyuan City Taiwan Agenda: To report 2023 Operating results; to report Audit Committee's Review Reports of 2023 Financial Statement; to report 2023 remuneration of directors and employees; to ratify 2023 Business Report and Financial Statements; to ratify 2023 Deficit Compensation; and to consider other matters. New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 3.2% 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 Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: NT$0.09 (vs NT$0.32 in FY 2021) Full year 2022 results: EPS: NT$0.09 (down from NT$0.32 in FY 2021). Revenue: NT$3.06b (flat on FY 2021). Net income: NT$16.3m (down 72% from FY 2021). Profit margin: 0.5% (down from 1.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.04 (vs NT$0.13 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.04 (down from NT$0.13 in 3Q 2021). Revenue: NT$783.9m (down 5.4% from 3Q 2021). Net income: NT$9.06m (down 62% from 3Q 2021). Profit margin: 1.2% (down from 2.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 30% 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. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . 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 12
Third quarter 2022 earnings released: EPS: NT$0.04 (vs NT$0.13 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.04 (down from NT$0.13 in 3Q 2021). Revenue: NT$783.9m (down 5.4% from 3Q 2021). Net income: NT$9.06m (down 62% from 3Q 2021). Profit margin: 1.2% (down from 2.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 20% share price decline to NT$23.60, the stock trades at a trailing P/E ratio of 71.2x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 93% over the past three years. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.064 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.05 (down from NT$0.064 in 2Q 2021). Revenue: NT$799.7m (up 4.3% from 2Q 2021). Net income: NT$8.92m (down 24% from 2Q 2021). Profit margin: 1.1% (down from 1.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$0.07 (vs NT$0.044 in 1Q 2021) First quarter 2022 results: EPS: NT$0.07 (up from NT$0.044 in 1Q 2021). Revenue: NT$729.2m (up 7.5% from 1Q 2021). Net income: NT$12.1m (up 52% from 1Q 2021). Profit margin: 1.7% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. 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. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . 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 12
Third quarter 2021 earnings released: EPS NT$0.13 (vs NT$0.037 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$828.4m (up 59% from 3Q 2020). Net income: NT$23.9m (up 249% from 3Q 2020). Profit margin: 2.9% (up from 1.3% 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 8% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.19 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$766.3m (up 40% from 2Q 2020). Net income: NT$11.8m (down 66% from 2Q 2020). Profit margin: 1.5% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% 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. Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.027 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$678.6m (up 32% from 1Q 2020). Net income: NT$7.98m (up NT$12.9m from 1Q 2020). Profit margin: 1.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% 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. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS NT$0.18 (vs NT$0.57 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$2.17b (up 1.7% from FY 2019). Net income: NT$33.4m (up NT$137.0m from FY 2019). Profit margin: 1.5% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Tillkännagivande • Mar 18
Acme Electronics Corporation, Annual General Meeting, May 31, 2021 Acme Electronics Corporation, Annual General Meeting, May 31, 2021. Is New 90 Day High Low • Dec 02
New 90-day high: NT$18.55 The company is up 18% from its price of NT$15.75 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.04 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$520.1m (down 5.6% from 3Q 2019). Net income: NT$6.85m (up NT$11.3m from 3Q 2019). Profit margin: 1.3% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 06
New 90-day high: NT$16.60 The company is up 37% from its price of NT$12.10 on 08 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 Electronic industry, which is down 6.0% over the same period.