New Risk • 19h
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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 26% per year over the past 5 years. New Risk • May 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.7m) 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 Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.7m). Reported Earnings • May 18
First quarter 2026 earnings released: NT$0.16 loss per share (vs NT$0.09 profit in 1Q 2025) First quarter 2026 results: NT$0.16 loss per share (down from NT$0.09 profit in 1Q 2025). Revenue: NT$836.7m (down 6.0% from 1Q 2025). Net loss: NT$16.9m (down 312% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. New Risk • May 18
New major risk - Revenue and earnings growth Earnings have declined by 26% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 13
Full year 2025 earnings released: NT$2.24 loss per share (vs NT$1.14 loss in FY 2024) Full year 2025 results: NT$2.24 loss per share (further deteriorated from NT$1.14 loss in FY 2024). Revenue: NT$3.26b (up 1.1% from FY 2024). Net loss: NT$197.3m (loss widened 95% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 11
Jochu Technology Co., Ltd., Annual General Meeting, May 21, 2026 Jochu Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 09:00 Taipei Standard Time. Location: no,42, kuang fu rd., hukou township, hsinchu county Taiwan Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$0.74 loss per share (vs NT$0.50 loss in 3Q 2024) Third quarter 2025 results: NT$0.74 loss per share (further deteriorated from NT$0.50 loss in 3Q 2024). Revenue: NT$741.7m (down 13% from 3Q 2024). Net loss: NT$65.6m (loss widened 49% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Board Change • Oct 22
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chung-Chiu Chang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.51 loss per share (vs NT$0.084 loss in 2Q 2024) Second quarter 2025 results: NT$0.51 loss per share (further deteriorated from NT$0.084 loss in 2Q 2024). Revenue: NT$821.6m (up 4.0% from 2Q 2024). Net loss: NT$44.6m (loss widened NT$37.3m from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Jul 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% 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: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$2.48b market cap, or US$84.8m). Upcoming Dividend • May 26
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 02 June 2025. Payment date: 26 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.4%). Reported Earnings • May 12
First quarter 2025 earnings released: EPS: NT$0.09 (vs NT$0.23 loss in 1Q 2024) First quarter 2025 results: EPS: NT$0.09 (up from NT$0.23 loss in 1Q 2024). Revenue: NT$890.4m (up 17% from 1Q 2024). Net income: NT$7.97m (up NT$28.3m from 1Q 2024). Profit margin: 0.9% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% 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 • May 01
Jochu Technology Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Jochu Technology Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Buy Or Sell Opportunity • Apr 10
Now 26% overvalued Over the last 90 days, the stock has fallen 29% to NT$16.15. The fair value is estimated to be NT$12.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Tillkännagivande • Mar 26
Jochu Technology Co., Ltd. Announces Dividend for Year Ended December 31, 2024 Jochu Technology Co., Ltd. announced cash distributed from legal reserve and capital surplus to shareholders (TWD 0.5 per share) for the year ended December 31, 2024. Reported Earnings • Mar 02
Full year 2024 earnings released: NT$1.14 loss per share (vs NT$0.88 profit in FY 2023) Full year 2024 results: NT$1.14 loss per share (down from NT$0.88 profit in FY 2023). Revenue: NT$3.23b (flat on FY 2023). Net loss: NT$101.0m (down 229% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Tillkännagivande • Feb 27
Jochu Technology Co., Ltd., Annual General Meeting, May 15, 2025 Jochu Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 09:00 Taipei Standard Time. Location: no,42, kuang fu rd., hukou township, hsinchu county Taiwan Tillkännagivande • Feb 18
Jochu Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 25, 2025 Jochu Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 25, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.50 loss per share (vs NT$0.76 profit in 3Q 2023) Third quarter 2024 results: NT$0.50 loss per share (down from NT$0.76 profit in 3Q 2023). Revenue: NT$851.8m (down 1.6% from 3Q 2023). Net loss: NT$44.1m (down 165% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% 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 • Nov 05
Jochu Technology Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Jochu Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Tillkännagivande • Sep 13
Jochu Technology Co., Ltd. Announces President Changes Jochu Technology Co., Ltd. announced change in the Company’s President. Name of the previous position holder: LEE, SHU-CHUNG. Resume of the previous position holder: President of Jochu Technology Co., Ltd. Name of the new position holder: Cu, WEN-MAO. Resume of the new position holder: Vice President of Jochu Technology Co., Ltd. Reason for the change: The company organizational has been reorganized. Effective date of the new appointment is October 1, 2024. Reported Earnings • Aug 18
Second quarter 2024 earnings released: NT$0.08 loss per share (vs NT$0.26 profit in 2Q 2023) Second quarter 2024 results: NT$0.08 loss per share (down from NT$0.26 profit in 2Q 2023). Revenue: NT$789.8m (down 7.0% from 2Q 2023). Net loss: NT$7.40m (down 132% from profit in 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 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 06
Jochu Technology Co., Ltd. to Report First Half, 2024 Results on Aug 13, 2024 Jochu Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 13, 2024 Upcoming Dividend • Jun 14
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 16 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.7%). Declared Dividend • Jun 06
Dividend of NT$1.00 announced Shareholders will receive a dividend of NT$1.00. Ex-date: 20th June 2024 Payment date: 16th July 2024 Dividend yield will be 4.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (144% earnings payout ratio) nor is it covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 60% to bring the payout ratio under control. However, EPS has declined by 5.0% over the last 5 years so the company would need to reverse this trend. Tillkännagivande • May 25
Jochu Technology Co., Ltd. Announces the Dismissal of Members of the Remuneration Committee Jochu Technology Co., Ltd. announced the dismissal of members of the Remuneration Committee. Name of the functional committees: Remuneration Committee. Name of the previous position holder: Independent director/Ting-Chun Chou, Independent director/Wen-Hung Liao, Independent director/Yu-Liang Chen. Resume of the previous position holder: Ting-Chun Chou/Independent Director of TEAM GROUP INC. Wen-Hung Liao/President of Copartner Technology Corporation. Yu-Liang Chen/Lawyer of Jheding International Law Offices. The members of the 6th Compensation Committee will be announced separately after the appointment by the most recent Board of Directors. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.23 loss per share (vs NT$0.13 loss in 1Q 2023) First quarter 2024 results: NT$0.23 loss per share (further deteriorated from NT$0.13 loss in 1Q 2023). Revenue: NT$759.7m (up 9.1% from 1Q 2023). Net loss: NT$20.3m (loss widened 71% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • May 03
Jochu Technology Co., Ltd. to Report Q1, 2024 Results on May 10, 2024 Jochu Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: NT$0.88 (vs NT$0.55 loss in FY 2022) Full year 2023 results: EPS: NT$0.88 (up from NT$0.55 loss in FY 2022). Revenue: NT$3.25b (up 6.8% from FY 2022). Net income: NT$78.6m (up NT$127.9m from FY 2022). Profit margin: 2.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 23
Jochu Technology Co., Ltd., Annual General Meeting, May 24, 2024 Jochu Technology Co., Ltd., Annual General Meeting, May 24, 2024. Location: NO.42, KUANGFU RD., HUKOU TOWNSHIP Hsinchu County Taiwan Agenda: To consider 2023 business report; to consider 2023 audit committee's review report; to consider election of one additional independent director; and to consider other matters. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 144% Cash payout ratio: 264% Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (NT$2.48b market cap, or US$78.9m). Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$0.76 (vs NT$0.35 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.76 (up from NT$0.35 in 3Q 2022). Revenue: NT$865.9m (up 16% from 3Q 2022). Net income: NT$67.5m (up 114% from 3Q 2022). Profit margin: 7.8% (up from 4.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 05
Upcoming dividend of NT$1.00 per share at 5.5% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 10 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.3%). Reported Earnings • Feb 26
Full year 2022 earnings released: NT$0.55 loss per share (vs NT$1.99 profit in FY 2021) Full year 2022 results: NT$0.55 loss per share (down from NT$1.99 profit in FY 2021). Revenue: NT$3.05b (down 14% from FY 2021). Net loss: NT$49.2m (down 128% from profit in FY 2021). 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 3% per year, which means it is significantly lagging earnings. 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. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Huang Yi Chang was the last director to join the board, commencing their role in 2019. 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: EPS: NT$0.36 (vs NT$0.26 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.36 (up from NT$0.26 in 3Q 2021). Revenue: NT$748.4m (down 22% from 3Q 2021). Net income: NT$31.5m (up 36% from 3Q 2021). Profit margin: 4.2% (up from 2.4% in 3Q 2021). Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Reported Earnings • Aug 15
Second quarter 2022 earnings released: NT$0.28 loss per share (vs NT$0.34 profit in 2Q 2021) Second quarter 2022 results: NT$0.28 loss per share (down from NT$0.34 profit in 2Q 2021). Revenue: NT$762.0m (down 6.6% from 2Q 2021). Net loss: NT$24.7m (down 182% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 06
Jochu Technology Co., Ltd. Announces Management Changes Jochu Technology Co., Ltd. announced LEE, SU-YI/Chairman & Chief Executive Officer as Research and development officer in place of HSIAO, MING-YU/Vice President of Planning Head Office, effective date is August 5, 2022. Upcoming Dividend • Jun 07
Upcoming dividend of NT$1.20 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 08 July 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.1%). Tillkännagivande • May 29
Jochu Technology Co., Ltd. Announces Cash Dividend, Payable on July 8, 2022 Jochu Technology Co., Ltd. announced of the record date for cash dividend. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 27, 2022. Type of ex-rights or ex-dividend (please enter: “Ex-rights”, ”Ex-dividend”, or ”Ex-rights and dividend”): Ex-dividend. Type and monetary amount of dividend distribution: Appropriations of earnings in cash dividends to shareholders: TWD 107,115,780 (TWD 1.2 per common share). Ex-rights (ex-dividend) record date: June 20, 2022. The cash dividend will be distributed on July 8, 2022. Reported Earnings • May 09
First quarter 2022 earnings released: NT$0.44 loss per share (vs NT$1.56 profit in 1Q 2021) First quarter 2022 results: NT$0.44 loss per share (down from NT$1.56 profit in 1Q 2021). Revenue: NT$826.2m (flat on 1Q 2021). Net loss: NT$39.4m (down 128% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Apr 27
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. 6 non-independent directors. Director Huang Yi Chang was the last director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$1.99 (up from NT$4.50 loss in FY 2020). Revenue: NT$3.54b (up 13% from FY 2020). Net income: NT$177.5m (up NT$562.5m from FY 2020). Profit margin: 5.0% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 26
Jochu Technology Co., Ltd., Annual General Meeting, May 27, 2022 Jochu Technology Co., Ltd., Annual General Meeting, May 27, 2022. Location: NO.42, KUANGFU RD., HUKOU TOWNSHIP Hsinchu County Taiwan Agenda: To consider 2021 business report; to consider Audit Committee's review of the 2021 annual final accounting books and statements; to consider Report on 2021 employees' and directors' remuneration; to consider the status of the Company's 2021 private placement of common shares or domestic/overseas convertible corporate bonds for capital increase; to consider acknowledgment of the 2021 annual final accounting books and statements; to consider acknowledgment of the 2021 Earnings Distribution; to consider discussion of amendments to the corporate charter; to consider discussion of amendments to the Company's Procedures for Asset Acquisition & Disposal; and to transact other matters. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.16 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$815.5m (up 23% from 2Q 2020). Net income: NT$30.0m (up 121% from 2Q 2020). Profit margin: 3.7% (up from 2.0% in 2Q 2020). The increase in margin 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 122 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jul 26
Upcoming dividend of NT$1.20 per share Eligible shareholders must have bought the stock before 02 August 2021. Payment date: 26 August 2021. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (3.0%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$1.56 (vs NT$0.32 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$824.0m (up 23% from 1Q 2020). Net income: NT$139.4m (up NT$164.2m from 1Q 2020). Profit margin: 17% (up from net loss in 1Q 2020). 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 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2020 earnings released: NT$4.50 loss per share (vs NT$1.23 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: NT$3.12b (up 5.2% from FY 2019). Net loss: NT$385.0m (down NT$481.2m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 07
New 90-day high: NT$28.70 The company is up 26% from its price of NT$22.80 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: NT$25.20 The company is up 46% from its price of NT$17.30 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: NT$4.75 loss per share The company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: NT$889.4m (up 14% from 3Q 2019). Net loss: NT$420.8m (down NT$449.1m from profit in 3Q 2019). 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 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 23
New 90-day high: NT$24.80 The company is up 45% from its price of NT$17.15 on 24 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period. Is New 90 Day High Low • Oct 06
New 90-day high: NT$21.35 The company is up 18% from its price of NT$18.15 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. Is New 90 Day High Low • Sep 18
New 90-day high: NT$19.30 The company is up 12% from its price of NT$17.25 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.