Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$6.90 (vs NT$7.21 in FY 2024) Full year 2025 results: EPS: NT$6.90 (down from NT$7.21 in FY 2024). Revenue: NT$1.64b (up 14% from FY 2024). Net income: NT$186.9m (down 3.5% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Duyuru • Mar 09
Neousys Technology Inc., Annual General Meeting, Jun 24, 2026 Neousys Technology Inc., Annual General Meeting, Jun 24, 2026. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city Taiwan Board Change • Feb 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Nov 11
Third quarter 2025 earnings released: EPS: NT$2.84 (vs NT$1.52 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.84 (up from NT$1.52 in 3Q 2024). Revenue: NT$454.5m (up 30% from 3Q 2024). Net income: NT$76.9m (up 89% from 3Q 2024). Profit margin: 17% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$226, the stock trades at a trailing P/E ratio of 36.8x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 64% over the past year. Upcoming Dividend • Aug 14
Upcoming dividend of NT$4.79 per share Eligible shareholders must have bought the stock before 21 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.6%). Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: NT$0.55 (vs NT$1.97 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.55 (down from NT$1.97 in 2Q 2024). Revenue: NT$419.2m (up 19% from 2Q 2024). Net income: NT$14.2m (down 72% from 2Q 2024). Profit margin: 3.4% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$2.55 (vs NT$2.25 in 1Q 2024) First quarter 2025 results: EPS: NT$2.55 (up from NT$2.25 in 1Q 2024). Revenue: NT$418.4m (up 23% from 1Q 2024). Net income: NT$65.3m (up 14% from 1Q 2024). Profit margin: 16% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$178, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past year. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$147, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 31% over the past year. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$7.57 (vs NT$4.51 in FY 2023) Full year 2024 results: EPS: NT$7.57 (up from NT$4.51 in FY 2023). Revenue: NT$1.45b (up 37% from FY 2023). Net income: NT$193.7m (up 85% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by higher revenue. Duyuru • Mar 10
Neousys Technology Inc., Annual General Meeting, Jun 24, 2025 Neousys Technology Inc., Annual General Meeting, Jun 24, 2025. Location: r floor no,198, chien pa rd., jhonghe district, new taipei city Taiwan Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$234, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 104% over the past year. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$213, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 97% over the past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$185, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 78% over the past year. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$164, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 37% over the past year. Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$1.59 (vs NT$1.78 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.59 (down from NT$1.78 in 3Q 2023). Revenue: NT$350.4m (up 39% from 3Q 2023). Net income: NT$40.8m (flat on 3Q 2023). Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.97 (vs NT$0.99 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.97 (up from NT$0.99 in 2Q 2023). Revenue: NT$352.4m (up 44% from 2Q 2023). Net income: NT$50.5m (up 124% from 2Q 2023). Profit margin: 14% (up from 9.2% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 2.5% over the past year. New Risk • Jul 26
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 8.6% 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 (8.6% average weekly change). Revenue has declined by 15% over the past year. High level of non-cash earnings (49% accrual ratio). Minor Risks Dividend is not well covered by cash flows (157% cash payout ratio). Shareholders have been diluted in the past year (11% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$204, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total returns to shareholders of 42% over the past year. Upcoming Dividend • Jun 27
Upcoming dividend of NT$3.57 per share Eligible shareholders must have bought the stock before 04 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 66% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$173, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 17% over the past year. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$2.25 (vs NT$1.40 in 1Q 2023) First quarter 2024 results: EPS: NT$2.25 (up from NT$1.40 in 1Q 2023). Revenue: NT$339.2m (up 18% from 1Q 2023). Net income: NT$57.5m (up 81% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. New Risk • Apr 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Dividend per share is over 8x cash flows per share. Revenue has declined by 18% over the past year. High level of non-cash earnings (37% accrual ratio). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$3.02b market cap, or US$94.0m). Duyuru • Mar 31
Neousys Technology Inc., Annual General Meeting, Jun 24, 2024 Neousys Technology Inc., Annual General Meeting, Jun 24, 2024. New Risk • Feb 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 10.0% over the past year. Minor Risks Dividend is not well covered by earnings (113% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$95.2m). New Risk • Nov 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). New Risk • Nov 17
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 7.5% 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 No financial data reported. Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.63b market cap, or US$82.3m). New Risk • Oct 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 5.9% 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: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). New Risk • Aug 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$95.7m) 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 No financial data reported. Minor Risk Market cap is less than US$100m (NT$3.04b market cap, or US$95.7m).