New Risk • Jul 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.08b (US$95.0m) 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 Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.08b market cap, or US$95.0m). Reported Earnings • May 16
First quarter 2026 earnings released: NT$0.56 loss per share (vs NT$0.46 loss in 1Q 2025) First quarter 2026 results: NT$0.56 loss per share (further deteriorated from NT$0.46 loss in 1Q 2025). Revenue: NT$1.02b (down 7.7% from 1Q 2025). Net loss: NT$54.9m (loss widened 27% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Mar 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.1m) 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 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.18b market cap, or US$99.1m). Duyuru • Mar 16
Celxpert Energy Corporation, Annual General Meeting, Jun 11, 2026 Celxpert Energy Corporation, Annual General Meeting, Jun 11, 2026. Location: 3 floor no,128, kung wu rd., longtan district, taoyuan city Taiwan Reported Earnings • Mar 14
Full year 2025 earnings released: NT$1.92 loss per share (vs NT$1.11 loss in FY 2024) Full year 2025 results: NT$1.92 loss per share (further deteriorated from NT$1.11 loss in FY 2024). Revenue: NT$4.95b (down 9.2% from FY 2024). Net loss: NT$182.6m (loss widened 86% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Nov 08
Third quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.18 loss in 3Q 2024) Third quarter 2025 results: NT$0.26 loss per share (further deteriorated from NT$0.18 loss in 3Q 2024). Revenue: NT$1.38b (down 5.1% from 3Q 2024). Net loss: NT$24.6m (loss widened 58% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Sep 11
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 8.4% 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 Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 60% per year over the past 5 years. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.86 loss per share (vs NT$0.027 profit in 2Q 2024) Second quarter 2025 results: NT$0.86 loss per share (down from NT$0.027 profit in 2Q 2024). Revenue: NT$1.36b (down 6.1% from 2Q 2024). Net loss: NT$81.1m (down NT$83.5m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jul 10
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 17 July 2025. Payment date: 15 August 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%). Duyuru • Jun 05
Celxpert Energy Corporation Announces Cash Dividend Celxpert Energy Corporation announced appropriations of earnings in cash dividends to shareholders of TWD 0.5 per share. Total amount of cash dividends to shareholders of TWD 46,976,197. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.46 loss per share (vs NT$0.57 loss in 1Q 2024) First quarter 2025 results: NT$0.46 loss per share (improved from NT$0.57 loss in 1Q 2024). Revenue: NT$1.11b (down 7.1% from 1Q 2024). Net loss: NT$43.3m (loss narrowed 15% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Duyuru • May 01
Celxpert Energy Corporation to Report Q1, 2025 Results on May 09, 2025 Celxpert Energy Corporation announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Mar 28
Full year 2024 earnings released: NT$1.11 loss per share (vs NT$3.27 loss in FY 2023) Full year 2024 results: NT$1.11 loss per share (improved from NT$3.27 loss in FY 2023). Revenue: NT$5.45b (down 24% from FY 2023). Net loss: NT$98.4m (loss narrowed 64% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Duyuru • Mar 17
Celxpert Energy Corporation, Annual General Meeting, Jun 19, 2025 Celxpert Energy Corporation, Annual General Meeting, Jun 19, 2025. Location: 3 floor no,128, kung wu rd., longtan district, taoyuan city Taiwan Duyuru • Mar 07
Celxpert Energy Corporation to Report Fiscal Year 2024 Results on Mar 14, 2025 Celxpert Energy Corporation announced that they will report fiscal year 2024 results on Mar 14, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.18 loss per share (vs NT$0.29 loss in 3Q 2023) Third quarter 2024 results: NT$0.18 loss per share (improved from NT$0.29 loss in 3Q 2023). Revenue: NT$1.45b (down 22% from 3Q 2023). Net loss: NT$15.6m (loss narrowed 34% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Nov 15
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 6.5% 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 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$2.50b market cap, or US$76.9m). Duyuru • Nov 01
Celxpert Energy Corporation to Report Q3, 2024 Results on Nov 08, 2024 Celxpert Energy Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: NT$0.03 (vs NT$0.027 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.03 (up from NT$0.027 in 2Q 2023). Revenue: NT$1.45b (down 29% from 2Q 2023). Net income: NT$2.38m (up 12% from 2Q 2023). Profit margin: 0.2% (up from 0.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Duyuru • Aug 02
Celxpert Energy Corporation to Report Q2, 2024 Results on Aug 09, 2024 Celxpert Energy Corporation announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 18
First quarter 2024 earnings released: NT$0.57 loss per share (vs NT$1.35 loss in 1Q 2023) First quarter 2024 results: NT$0.57 loss per share (improved from NT$1.35 loss in 1Q 2023). Revenue: NT$1.19b (down 31% from 1Q 2023). Net loss: NT$50.7m (loss narrowed 53% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Duyuru • May 03
Celxpert Energy Corporation to Report Q1, 2024 Results on May 10, 2024 Celxpert Energy Corporation announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024 Reported Earnings • Mar 31
Full year 2023 earnings released: NT$3.27 loss per share (vs NT$2.75 profit in FY 2022) Full year 2023 results: NT$3.27 loss per share (down from NT$2.75 profit in FY 2022). Revenue: NT$7.20b (down 35% from FY 2022). Net loss: NT$270.6m (down 223% 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 58 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Mar 22
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to NT$25.55. The fair value is estimated to be NT$21.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Duyuru • Mar 16
Celxpert Energy Corporation, Annual General Meeting, Jun 13, 2024 Celxpert Energy Corporation, Annual General Meeting, Jun 13, 2024. Location: 3F staff canteen; No. 128, Gong 5th Rd., Longtan Dist Taoyuan City Taiwan Taoyan Taiwan Agenda: To consider 2023 Business Report; To consider Audit Committee Review Report on the 2023 Financial Statements; To consider Report on Dividend distribution of 2023; To consider Report on raising the third unsecured convertible corporate bonds; To consider Report on Endorsements and Guarantees. Reported Earnings • Nov 06
Third quarter 2023 earnings released: NT$0.29 loss per share (vs NT$1.61 profit in 3Q 2022) Third quarter 2023 results: NT$0.29 loss per share (down from NT$1.61 profit in 3Q 2022). Revenue: NT$1.86b (down 40% from 3Q 2022). Net loss: NT$23.5m (down 118% from profit in 3Q 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 12% per year, which means it has not declined as severely as earnings. New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (NT$2.60b market cap, or US$80.6m). New Risk • Aug 05
New major risk - Revenue and earnings growth Earnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.56b market cap, or US$80.9m). Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: NT$0.03 (vs NT$0.57 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.03 (down from NT$0.57 in 2Q 2022). Revenue: NT$2.05b (down 15% from 2Q 2022). Net income: NT$2.13m (down 95% from 2Q 2022). Profit margin: 0.1% (down from 1.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% 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. Upcoming Dividend • Jul 17
Upcoming dividend of NT$1.50 per share at 4.5% yield Eligible shareholders must have bought the stock before 24 July 2023. Payment date: 17 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.1%). Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: NT$2.75 (vs NT$3.16 in FY 2021) Full year 2022 results: EPS: NT$2.75 (down from NT$3.16 in FY 2021). Revenue: NT$11.1b (down 21% from FY 2021). Net income: NT$220.6m (down 13% from FY 2021). Profit margin: 2.0% (up from 1.8% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: NT$1.61 (vs NT$0.86 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.61 (up from NT$0.86 in 3Q 2021). Revenue: NT$3.07b (flat on 3Q 2021). Net income: NT$129.2m (up 87% from 3Q 2021). Profit margin: 4.2% (up from 2.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 16% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 33% over the past three years. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.54 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.57 (up from NT$0.54 in 2Q 2021). Revenue: NT$2.42b (down 36% from 2Q 2021). Net income: NT$45.9m (up 5.5% from 2Q 2021). Profit margin: 1.9% (up from 1.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 15
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.8%). Reported Earnings • May 08
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: NT$0.97 (down from NT$1.13 in 1Q 2021). Revenue: NT$3.07b (down 11% from 1Q 2021). Net income: NT$78.2m (down 14% from 1Q 2021). Profit margin: 2.5% (down from 2.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 8.6%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 06
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: NT$3.16 (down from NT$4.07 in FY 2020). Revenue: NT$14.0b (up 15% from FY 2020). Net income: NT$254.1m (down 23% from FY 2020). Profit margin: 1.8% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 8.6%. 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 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.86 (vs NT$1.41 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$3.06b (down 13% from 3Q 2020). Net income: NT$69.2m (down 39% from 3Q 2020). Profit margin: 2.3% (down from 3.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 17% share price gain to NT$46.95, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 16% share price gain to NT$40.25, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$0.54 (vs NT$1.44 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$3.79b (up 18% from 2Q 2020). Net income: NT$43.6m (down 63% from 2Q 2020). Profit margin: 1.1% (down from 3.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$43.45, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 31% over the past three years. Upcoming Dividend • Jul 22
Upcoming dividend of NT$2.50 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 27 August 2021. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 15% share price gain to NT$62.20, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 82% over the past three years. Reported Earnings • May 08
First quarter 2021 earnings released: EPS NT$1.13 (vs NT$0.18 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.44b (up 82% from 1Q 2020). Net income: NT$91.1m (up NT$76.0m from 1Q 2020). Profit margin: 2.7% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 19
Celxpert Energy Corporation, Annual General Meeting, Jun 11, 2021 Celxpert Energy Corporation, Annual General Meeting, Jun 11, 2021. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS NT$4.07 (vs NT$1.85 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$12.2b (up 32% from FY 2019). Net income: NT$330.7m (up 112% from FY 2019). Profit margin: 2.7% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 13
New 90-day high: NT$56.30 The company is up 17% from its price of NT$48.00 on 11 December 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electronic industry, which is also up 17% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: NT$49.25 The company is up 21% from its price of NT$40.75 on 30 October 2020. The Taiwanese market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: NT$48.30 The company is up 15% from its price of NT$42.00 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: NT$46.45 The company is up 5.0% from its price of NT$44.20 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS NT$1.41 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$3.51b (up 32% from 3Q 2019). Net income: NT$113.5m (up 20% from 3Q 2019). Profit margin: 3.2% (down from 3.6% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.