New Risk • Apr 01
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: 12% Last year net profit margin: 25% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (NT$1.64b market cap, or US$51.5m). Duyuru • Mar 16
Chander Electronics Corp., Annual General Meeting, Jun 26, 2026 Chander Electronics Corp., Annual General Meeting, Jun 26, 2026. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city Taiwan Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total loss to shareholders of 3.0% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$21.15, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total loss to shareholders of 18% over the past three years. Reported Earnings • Nov 15
Third quarter 2025 earnings released: NT$0.02 loss per share (vs NT$0.57 profit in 3Q 2024) Third quarter 2025 results: NT$0.02 loss per share (down from NT$0.57 profit in 3Q 2024). Revenue: NT$174.0m (flat on 3Q 2024). Net loss: NT$1.49m (down 103% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Oct 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Representative Director I-Fang Chen was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: NT$1.23 (vs NT$0.20 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.23 (up from NT$0.20 in 2Q 2024). Revenue: NT$219.4m (up 3.4% from 2Q 2024). Net income: NT$98.9m (up 500% from 2Q 2024). Profit margin: 45% (up from 7.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • May 13
Full year 2024 earnings released: EPS: NT$2.30 (vs NT$0.57 loss in FY 2023) Full year 2024 results: EPS: NT$2.30 (up from NT$0.57 loss in FY 2023). Revenue: NT$750.2m (up 6.0% from FY 2023). Net income: NT$186.0m (up NT$231.8m from FY 2023). Profit margin: 25% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Duyuru • May 08
Chander Electronics Corp. to Report Q1, 2025 Results on May 13, 2025 Chander Electronics Corp. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (NT$1.79b market cap, or US$55.8m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$20.40, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 36% over the past three years. New Risk • Apr 07
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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.83b market cap, or US$55.3m). Duyuru • Mar 14
Chander Electronics Corp., Annual General Meeting, Jun 12, 2025 Chander Electronics Corp., Annual General Meeting, Jun 12, 2025. Location: no,219, sec.3 chung hsing rd., sindian district, new taipei city Taiwan Duyuru • Mar 06
Chander Electronics Corp. to Report Q4, 2024 Results on Mar 13, 2025 Chander Electronics Corp. announced that they will report Q4, 2024 results on Mar 13, 2025 Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.53 (vs NT$0.008 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.53 (up from NT$0.008 in 3Q 2023). Revenue: NT$173.9m (down 23% from 3Q 2023). Net income: NT$45.7m (up NT$45.1m from 3Q 2023). Profit margin: 26% (up from 0.3% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 05
Chander Electronics Corp. to Report Q3, 2024 Results on Nov 12, 2024 Chander Electronics Corp. announced that they will report Q3, 2024 results on Nov 12, 2024 New Risk • Sep 12
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 7.4% 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: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.31b market cap, or US$71.7m). New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 250% 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: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.42b market cap, or US$75.5m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.19 (vs NT$0.004 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.19 (up from NT$0.004 loss in 2Q 2023). Revenue: NT$212.2m (up 24% from 2Q 2023). Net income: NT$16.5m (up NT$16.8m from 2Q 2023). Profit margin: 7.8% (up from net loss in 2Q 2023). 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 only increased by 15% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 03
Chander Electronics Corp. to Report Q2, 2024 Results on Aug 12, 2024 Chander Electronics Corp. announced that they will report Q2, 2024 results on Aug 12, 2024 Duyuru • Jul 12
Chander Electronics Corp. Announces the Appointment of Tu Junrong as Chief Sustainability Officer Chander Electronics Corp. announced the appointment of Tu Junrong as Chief Sustainability Officer, effective 11 July 2024. Tu Junrong is Chairman of the Company. Reason for the change: To improve corporate ESG (environmental protection, corporate social responsibility, corporate governance) Sustainable Competitiveness, Chairman Junrong of the company also serves as the Chief Sustainability Officer, committed to strengthening ESG. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$38.70, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 94% over the past three years. Duyuru • May 03
Chander Electronics Corp. to Report Q1, 2024 Results on May 10, 2024 Chander Electronics Corp. announced that they will report Q1, 2024 results on May 10, 2024 Duyuru • Apr 04
Chander Electronics Corp. Announces Resignation of Zhuang Ren-Chuan as Institutional Director Chander Electronics Corp. announced resignation of Zhuang Ren-chuan as institutional director. The vacancy of directors is expected to be supplemented by a by-election at the 2024 annual shareholders’ meeting. Date of occurrence of the change is April 3, 2024. Title and name of the previous position holder: Institutional director New Profit Holding Ltd. (Representative: Zhuang Ren-chuan). Resume of the previous position holder: Deputy General Manager and Chief Financial Officer. Original term is from June 19, 2023 to June 18, 2026. Duyuru • Mar 29
Li Zhanfeng International Investment Co., Ltd., Qunyi Venture Capital Co., Ltd and Wing Fu Venture Capital Co., Ltd. agreed to acquire 20% stake in Neweb Technologies Co., Ltd. from Chander Electronics Corp. (TPEX:8068) for TWD190 million. Li Zhanfeng International Investment Co., Ltd., Qunyi Venture Capital Co., Ltd and Wing Fu Venture Capital Co., Ltd. agreed to acquire 20% stake in Neweb Technologies Co., Ltd. from Chander Electronics Corp. (TPEX:8068) for TWD190 million on March 27, 2024. Reported Earnings • Mar 18
Full year 2023 earnings released: NT$0.57 loss per share (vs NT$0.29 loss in FY 2022) Full year 2023 results: NT$0.57 loss per share (further deteriorated from NT$0.29 loss in FY 2022). Revenue: NT$708.0m (down 30% from FY 2022). Net loss: NT$45.8m (loss widened 120% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Duyuru • Mar 12
Chander Electronics Corp., Annual General Meeting, Jun 14, 2024 Chander Electronics Corp., Annual General Meeting, Jun 14, 2024. Location: The World is One Family, Co-integration Plaza (Room 203, No. 219, Section 3, Zhongxing Road Taipei Taiwan Agenda: To consider 2023 annual business status report; to consider 2023 annual Audit Committee Review Report; to consider 2023 annual business report and financial statement; to consider Profit and loss appropriation plan for 2023. New Risk • Jan 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.07b (US$98.2m) 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 Risks Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.07b market cap, or US$98.2m). Board Change • Nov 01
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. 5 experienced directors. 1 highly experienced director. Chairman & GM Jiun-Rung Tu was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 13
Chander Electronics Corp. Unveils Groundbreaking Solution to Electric Vehicle Charging with Launch of Taiwan's Mobile Charging Robot, E-HERO Chander Electronics Corp. (CEC) has unveiled a groundbreaking solution to electric vehicle (EV) charging with the launch of Taiwan's first mobile charging robot, E-HERO. This innovative technology is set to revolutionize the charging landscape, addressing the challenges posed by fixed charging stations and introducing a new era of flexibility and efficiency. Capitalizing on the prowess of direct current (DC) fast charging technology, the E-HERO robot can charge up an EV from 0% to 80% in 30 minutes - 12 times faster than traditional charging stations. This not only vastly slashes charging times but also optimizes parking utilization, catalyzing an accelerated turnover that translates into increased profitability for parking facilities. Notably, the E-HERO mobile charging robot eliminates the need for extensive infrastructure modifications, reducing wiring costs and simplifying the deployment of charging facilities. Additionally, its two-way charging technology contributes to energy efficiency by supplying power during peak hours and self-charging during off-peak times, thereby alleviating strain on the grid and providing emergency power options. The E-HERO mobile charging robot merges the strengths of both fixed and mobile charging systems, offering a versatile solution adaptable to various settings such as old communities, office buildings, cultural centers, and more. With the ability to be summoned via a mobile app, the robot streamlines the charging process, overcoming the limitations of traditional EV charging infrastructure. Reported Earnings • Aug 17
Second quarter 2023 earnings released: NT$0.004 loss per share (vs NT$0.024 loss in 2Q 2022) Second quarter 2023 results: NT$0.004 loss per share (improved from NT$0.024 loss in 2Q 2022). Revenue: NT$171.8m (down 35% from 2Q 2022). Net loss: NT$288.0k (loss narrowed 83% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2022 earnings released: NT$0.29 loss per share (vs NT$0.52 loss in FY 2021) Full year 2022 results: NT$0.29 loss per share (improved from NT$0.52 loss in FY 2021). Revenue: NT$1.02b (up 180% from FY 2021). Net loss: NT$20.9m (loss narrowed 42% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: NT$0.10 (vs NT$0.02 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.10 (up from NT$0.02 in 3Q 2021). Revenue: NT$238.6m (up 262% from 3Q 2021). Net income: NT$7.45m (up 430% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Dau-Sung Chen is the most experienced director on the board, commencing their role in 2002. Independent Director Zhi-Wei Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 15
Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.21 loss in 2Q 2021) Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.21 loss in 2Q 2021). Revenue: NT$265.4m (up 333% from 2Q 2021). Net loss: NT$1.66m (loss narrowed 88% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: NT$0.002 (vs NT$0.17 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.002 (up from NT$0.17 loss in 1Q 2021). Revenue: NT$338.3m (up 143% from 1Q 2021). Net income: NT$104.0k (up NT$11.9m from 1Q 2021). Profit margin: 0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Dau-Sung Chen is the most experienced director on the board, commencing their role in 2002. Independent Director Zhi-Wei Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Apr 02
Chander Electronics Corp., Annual General Meeting, Jun 29, 2022 Chander Electronics Corp., Annual General Meeting, Jun 29, 2022. Reported Earnings • Apr 01
Full year 2021 earnings released: NT$0.52 loss per share (vs NT$0.36 loss in FY 2020) Full year 2021 results: NT$0.52 loss per share (down from NT$0.36 loss in FY 2020). Revenue: NT$363.4m (down 81% from FY 2020). Net loss: NT$35.8m (loss widened 45% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.12 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$65.9m (down 88% from 3Q 2020). Net income: NT$1.41m (up NT$9.49m from 3Q 2020). Profit margin: 2.1% (up from net loss in 3Q 2020). The move to profitability 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 128 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.21 loss per share (vs NT$0.044 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$61.3m (down 85% from 2Q 2020). Net loss: NT$14.1m (loss widened 367% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2021 earnings released: NT$0.17 loss per share (vs NT$0.01 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$139.4m (down 63% from 1Q 2020). Net loss: NT$11.8m (down NT$12.5m from profit in 1Q 2020). 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. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$0.36 loss per share (vs NT$0.087 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$1.90b (down 18% from FY 2019). Net loss: NT$24.7m (loss widened 315% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Duyuru • Jan 31
Chander Electronics Corp. Appoints Chuang, Jen-Chuan as Special Assistant to the Chairman Chander Electronics Corp. announced the appointment of Chuang, Jen-Chuan as Special Assistant to the Chairman. Is New 90 Day High Low • Jan 27
New 90-day low: NT$23.15 The company is down 21% from its price of NT$29.35 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: NT$26.50 The company is down 11% from its price of NT$29.80 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: NT$0.12 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$549.6m (down 19% from 3Q 2019). Net loss: NT$8.09m (down NT$9.32m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.