New Risk • Jun 23
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.12b market cap, or US$98.5m). Reported Earnings • May 15
First quarter 2026 earnings released: NT$0.21 loss per share (vs NT$0.23 loss in 1Q 2025) First quarter 2026 results: NT$0.21 loss per share (improved from NT$0.23 loss in 1Q 2025). Revenue: NT$510.9m (down 1.3% from 1Q 2025). Net loss: NT$39.8m (loss narrowed 10% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Apr 05
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.17b market cap, or US$98.9m). Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: NT$0.87 (vs NT$0.46 in FY 2024) Full year 2025 results: EPS: NT$0.87 (up from NT$0.46 in FY 2024). Revenue: NT$2.29b (down 1.5% from FY 2024). Net income: NT$166.6m (up 88% from FY 2024). Profit margin: 7.3% (up from 3.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Mar 12
Leofoo Development Co., Ltd., Annual General Meeting, May 28, 2026 Leofoo Development Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: no,60, kung tzu kou, guansi township, hsinchu county Taiwan New Risk • Jan 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (NT$3.15b market cap, or US$100.0m). New Risk • Nov 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m). Reported Earnings • Nov 17
Third quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.15 profit in 3Q 2024) Third quarter 2025 results: NT$0.13 loss per share (down from NT$0.15 profit in 3Q 2024). Revenue: NT$566.0m (down 10.0% from 3Q 2024). Net loss: NT$23.8m (down 184% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Sep 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to NT$17.25. The fair value is estimated to be NT$21.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Aug 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.0% to NT$17.25. The fair value is estimated to be NT$21.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 16
Second quarter 2025 earnings released: NT$0.09 loss per share (vs NT$0.26 loss in 2Q 2024) Second quarter 2025 results: NT$0.09 loss per share (improved from NT$0.26 loss in 2Q 2024). Revenue: NT$537.0m (up 8.1% from 2Q 2024). Net loss: NT$17.6m (loss narrowed 64% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.001 profit in 1Q 2024) First quarter 2025 results: NT$0.23 loss per share (down from NT$0.001 profit in 1Q 2024). Revenue: NT$517.7m (up 2.3% from 1Q 2024). Net loss: NT$44.4m (down NT$44.5m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • May 03
Leofoo Development Co., Ltd. to Report Q1, 2025 Results on May 12, 2025 Leofoo Development Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025 New Risk • Apr 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$15.00, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 19x in the Hospitality industry in Taiwan. Total loss to shareholders of 14% over the past three years. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$92.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risk Market cap is less than US$100m (NT$3.04b market cap, or US$92.0m). Buy Or Sell Opportunity • Apr 07
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.9% to NT$15.90. The fair value is estimated to be NT$21.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$0.46 (vs NT$0.51 loss in FY 2023) Full year 2024 results: EPS: NT$0.46 (up from NT$0.51 loss in FY 2023). Revenue: NT$2.32b (up 5.1% from FY 2023). Net income: NT$88.8m (up NT$186.6m from FY 2023). Profit margin: 3.8% (up from net loss in FY 2023). The move to profitability was primarily 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 only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 19
Leofoo Development Co., Ltd., Annual General Meeting, Jun 03, 2025 Leofoo Development Co., Ltd., Annual General Meeting, Jun 03, 2025, at 09:00 Taipei Standard Time. Location: no,60, kung tzu kou, guansi township, hsinchu county Taiwan Buy Or Sell Opportunity • Mar 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.7% to NT$18.30. The fair value is estimated to be NT$15.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable. Duyuru • Mar 16
Leofoo Development Co., Ltd. Announce Change of Chief Strategy Officer Leofoo Development Co., Ltd. announced the appointment of Feng-Ru Chuang, Chairman as Chief Strategy Officer, effective March 15, 2025. Duyuru • Mar 08
Leofoo Development Co., Ltd. to Report Q4, 2024 Results on Mar 15, 2025 Leofoo Development Co., Ltd. announced that they will report Q4, 2024 results on Mar 15, 2025 Buy Or Sell Opportunity • Feb 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 6.1% to NT$18.30. The fair value is estimated to be NT$15.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jan 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.31b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.31b market cap, or US$100.0m). New Risk • Dec 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.091 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.15 (up from NT$0.091 loss in 3Q 2023). Revenue: NT$628.8m (up 2.9% from 3Q 2023). Net income: NT$28.3m (up NT$45.7m from 3Q 2023). Profit margin: 4.5% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.26 loss per share (vs NT$0.49 loss in 2Q 2023) Second quarter 2024 results: NT$0.26 loss per share (improved from NT$0.49 loss in 2Q 2023). Revenue: NT$496.6m (up 7.7% from 2Q 2023). Net loss: NT$48.9m (loss narrowed 47% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Aug 07
Leofoo Development Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024 Leofoo Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024 New Risk • Aug 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.27b (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. This is currently the only risk that has been identified for the company. Reported Earnings • May 18
First quarter 2024 earnings released First quarter 2024 results: Revenue: NT$505.9m (up 5.4% from 1Q 2023). Net income: NT$110.0k (up NT$49.9m from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Duyuru • May 05
Leofoo Development Co., Ltd. to Report Q1, 2024 Results on May 13, 2024 Leofoo Development Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024 Reported Earnings • Mar 13
Full year 2023 earnings released: NT$0.51 loss per share (vs NT$1.66 loss in FY 2022) Full year 2023 results: NT$0.51 loss per share (improved from NT$1.66 loss in FY 2022). Revenue: NT$2.21b (up 32% from FY 2022). Net loss: NT$97.7m (loss narrowed 69% from FY 2022). 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 7% per year, which means it is significantly lagging earnings. Duyuru • Mar 12
Leofoo Development Co., Ltd., Annual General Meeting, May 27, 2024 Leofoo Development Co., Ltd., Annual General Meeting, May 27, 2024. Location: No. 60,Gongzigou,Guanxi Township, Hsinchu County,Taiwan. Hsinchu City Taiwan Agenda: To discuss 2023 business report; to discuss Audit Committee's Report on the 2023 Financial Statements; to discuss Accumulated losses in 2023 amounted to one-half of the paid-in capital; to discuss The Amendments to the Company's The Regulations Governing Procedure for Board of Directors Meeting; and to discuss other matters. New Risk • Mar 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.13b (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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 15
Third quarter 2023 earnings released: NT$0.09 loss per share (vs NT$0.21 profit in 3Q 2022) Third quarter 2023 results: NT$0.09 loss per share (down from NT$0.21 profit in 3Q 2022). Revenue: NT$610.8m (up 2.8% from 3Q 2022). Net loss: NT$17.4m (down 144% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Oct 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$96.3m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 12
Second quarter 2023 earnings released: NT$0.49 loss per share (vs NT$1.31 loss in 2Q 2022) Second quarter 2023 results: NT$0.49 loss per share (improved from NT$1.31 loss in 2Q 2022). Revenue: NT$460.9m (up 134% from 2Q 2022). Net loss: NT$93.0m (loss narrowed 63% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 07
Now 20% undervalued Over the last 90 days, the stock is up 5.4%. The fair value is estimated to be NT$24.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has grown by 28%. New Risk • Jul 13
New major 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 7.8% 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. This is currently the only risk that has been identified for the company. New Risk • Jun 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 6.4% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 01
Full year 2022 earnings released: NT$1.66 loss per share (vs NT$1.46 loss in FY 2021) Full year 2022 results: NT$1.66 loss per share (further deteriorated from NT$1.46 loss in FY 2021). Revenue: NT$1.68b (up 33% from FY 2021). Net loss: NT$317.0m (loss widened 14% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 22
Leofoo Development Co., Ltd. Announces Management Changes Leofoo Development Co., Ltd. announced the appointment of LU TSAN YU/Director as accounting officer, corporate governance officer and acting spokesperson in place of HSIEH I FAN/Assistant Director, effective date is October 21, 2022. Reported Earnings • Aug 15
Second quarter 2022 earnings released: NT$1.31 loss per share (vs NT$1.05 loss in 2Q 2021) Second quarter 2022 results: NT$1.31 loss per share (down from NT$1.05 loss in 2Q 2021). Revenue: NT$196.8m (up 3.3% from 2Q 2021). Net loss: NT$250.4m (loss widened 26% from 2Q 2021). 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 9% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 10
Leofoo Development Co., Ltd. Appoints Lai,Chen-Jung as President Leofoo Development Co., Ltd. announced the appointment of the company's president; Name, title, and resume of the new position holder: LAI,CHEN-JUNG/Vice Chairman of Leofoo Development Co., Ltd. Effective date is August 9, 2022. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.74 loss per share (vs NT$0.87 loss in 1Q 2021) First quarter 2022 results: NT$0.74 loss per share (up from NT$0.87 loss in 1Q 2021). Revenue: NT$319.0m (down 3.6% from 1Q 2021). Net loss: NT$142.0m (loss narrowed 12% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$1.05 loss per share (vs NT$0.74 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: NT$190.6m (down 7.7% from 2Q 2020). Net loss: NT$198.6m (loss widened 45% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year. Reported Earnings • May 11
First quarter 2021 earnings released: NT$0.90 loss per share (vs NT$0.99 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$326.8m (up 15% from 1Q 2020). Net loss: NT$167.9m (loss narrowed 8.8% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Mar 26
Full year 2020 earnings released: NT$2.06 loss per share (vs NT$2.80 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: NT$1.49b (down 33% from FY 2019). Net loss: NT$383.4m (loss narrowed 27% from FY 2019). 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 15% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 16
Leofoo Development Co., Ltd., Annual General Meeting, May 31, 2021 Leofoo Development Co., Ltd., Annual General Meeting, May 31, 2021. Location: No. 60, Gongzigou, Guanxi Township Hsinchu County Taiwan Agenda: To consider 2020 business report; to audit committee audited report on 2020 financial statements; to accumulated losses in 2020 amounted to one-half of the paid-in capital; to 2020 business report and financial statement proposal; to acknowledgment of the 2020 deficit compensation; and to consider other matter. Is New 90 Day High Low • Jan 18
New 90-day low: NT$19.90 The company is down 1.0% from its price of NT$20.20 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: NT$22.75 The company is up 41% from its price of NT$16.15 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day high: NT$19.90 The company is up 17% from its price of NT$17.00 on 21 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 Hospitality industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day high: NT$19.10 The company is up 24% from its price of NT$15.35 on 02 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 10.0% over the same period.