New Risk • Jun 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results. New Risk • May 28
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 9.4% 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 (9.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m). Reported Earnings • May 19
First quarter 2026 earnings released: EPS: NT$0.33 (vs NT$0.64 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.33 (up from NT$0.64 loss in 1Q 2025). Revenue: NT$179.9m (up 110% from 1Q 2025). Net income: NT$22.3m (up NT$65.3m from 1Q 2025). Profit margin: 12% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Apr 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$81m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$81m free cash flow). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$2.91b market cap, or US$91.6m). Reported Earnings • Mar 18
Full year 2025 earnings released: NT$0.60 loss per share (vs NT$0.90 loss in FY 2024) Full year 2025 results: NT$0.60 loss per share (improved from NT$0.90 loss in FY 2024). Revenue: NT$506.2m (up 10.0% from FY 2024). Net loss: NT$40.3m (loss narrowed 33% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Duyuru • Mar 05
EverFocus Electronics Corporation, Annual General Meeting, May 21, 2026 EverFocus Electronics Corporation, Annual General Meeting, May 21, 2026, at 09:00 Taipei Standard Time. Location: 9 floor no,135 ln.235, pao ch`iao rd., sindian district, new taipei city Taiwan New Risk • Nov 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$97m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$97m free cash flow). Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.36b market cap, or US$75.4m). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: NT$0.40 (vs NT$0.45 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.40 (up from NT$0.45 loss in 3Q 2024). Revenue: NT$128.1m (up 26% from 3Q 2024). Net income: NT$26.8m (up NT$56.9m from 3Q 2024). Profit margin: 21% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. 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 35% per year, which means it is well ahead of earnings. Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.048 loss in 2Q 2024) Second quarter 2025 results: NT$0.44 loss per share (further deteriorated from NT$0.048 loss in 2Q 2024). Revenue: NT$115.5m (down 34% from 2Q 2024). Net loss: NT$29.7m (loss widened NT$26.5m from 2Q 2024). 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 42% per year, which means it is well ahead of earnings. New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings have declined by 6.9% 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 6.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$2.57b market cap, or US$85.6m). Board Change • Jun 25
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kuhn-Zheng Guo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 16
First quarter 2025 earnings released: NT$0.64 loss per share (vs NT$0.21 loss in 1Q 2024) First quarter 2025 results: NT$0.64 loss per share (further deteriorated from NT$0.21 loss in 1Q 2024). Revenue: NT$85.7m (up 4.3% from 1Q 2024). Net loss: NT$43.0m (loss widened 202% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 06
EverFocus Electronics Corporation to Report Q1, 2025 Results on May 13, 2025 EverFocus Electronics Corporation announced that they will report Q1, 2025 results on May 13, 2025 New Risk • Mar 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.27b (US$99.0m) 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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$3.27b market cap, or US$99.0m). Reported Earnings • Mar 21
Full year 2024 earnings released: NT$0.90 loss per share (vs NT$0.73 loss in FY 2023) Full year 2024 results: NT$0.90 loss per share (further deteriorated from NT$0.73 loss in FY 2023). Revenue: NT$460.3m (up 25% from FY 2023). Net loss: NT$59.8m (loss widened 22% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 12
EverFocus Electronics Corporation, Annual General Meeting, Jun 20, 2025 EverFocus Electronics Corporation, Annual General Meeting, Jun 20, 2025. Location: 9 floor no,135 ln.235, pao ch`iao rd., sindian district, new taipei city Taiwan Duyuru • Mar 04
EverFocus Electronics Corporation to Report Fiscal Year 2024 Results on Mar 11, 2025 EverFocus Electronics Corporation announced that they will report fiscal year 2024 results on Mar 11, 2025 Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.45 loss per share (vs NT$0.22 loss in 3Q 2023) Third quarter 2024 results: NT$0.45 loss per share (further deteriorated from NT$0.22 loss in 3Q 2023). Revenue: NT$102.1m (up 17% from 3Q 2023). Net loss: NT$30.1m (loss widened 101% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 05
EverFocus Electronics Corporation to Report Q3, 2024 Results on Nov 12, 2024 EverFocus Electronics Corporation announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: NT$0.05 loss per share (vs NT$0.22 loss in 2Q 2023) Second quarter 2024 results: NT$0.05 loss per share (improved from NT$0.22 loss in 2Q 2023). Revenue: NT$175.4m (up 94% from 2Q 2023). Net loss: NT$3.22m (loss narrowed 78% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 07
EverFocus Electronics Corporation to Report Q2, 2024 Results on Aug 13, 2024 EverFocus Electronics Corporation announced that they will report Q2, 2024 results on Aug 13, 2024 New Risk • Jun 06
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 6.8% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$2.52b market cap, or US$77.8m). Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.21 loss per share (vs NT$0.18 profit in 1Q 2023) First quarter 2024 results: NT$0.21 loss per share (down from NT$0.18 profit in 1Q 2023). Revenue: NT$82.2m (down 15% from 1Q 2023). Net loss: NT$14.2m (down 219% from profit in 1Q 2023). 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 12% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 02
Full year 2023 earnings released: NT$0.73 loss per share (vs NT$1.26 loss in FY 2022) Full year 2023 results: NT$0.73 loss per share (improved from NT$1.26 loss in FY 2022). Revenue: NT$369.6m (up 11% from FY 2022). Net loss: NT$49.0m (loss narrowed 39% from FY 2022). 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 8% per year. Duyuru • Mar 14
EverFocus Electronics Corporation, Annual General Meeting, Jun 21, 2024 EverFocus Electronics Corporation, Annual General Meeting, Jun 21, 2024. Location: 9F., No. 135, Ln. 235, Baoqiao Rd Taipei Taiwan Agenda: To consider 2023 Business Report and 2024 business plan report; to consider Audit Committee's report on the review of the Company's 2023 final accounts; to adopt the Company's 2023 final accounts; to adopt the Company's 2023 loss make-up statement; and to consider other matters. New Risk • Jan 29
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 5.5% 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 (5.5% average weekly change). Market cap is less than US$100m (NT$1.97b market cap, or US$63.1m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: NT$0.22 loss per share (vs NT$0.60 loss in 2Q 2022) Second quarter 2023 results: NT$0.22 loss per share (improved from NT$0.60 loss in 2Q 2022). Revenue: NT$90.4m (up 43% from 2Q 2022). Net loss: NT$14.7m (loss narrowed 63% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 20
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 8.1% 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 Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.26b market cap, or US$72.6m). Reported Earnings • Apr 01
Full year 2022 earnings released: NT$1.26 loss per share (vs NT$0.63 loss in FY 2021) Full year 2022 results: NT$1.26 loss per share (further deteriorated from NT$0.63 loss in FY 2021). Revenue: NT$332.3m (down 26% from FY 2021). Net loss: NT$79.9m (loss widened 138% from FY 2021). Over the last 3 years on average, earnings per share has increased by 12% 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 16
Third quarter 2022 earnings released: NT$0.01 loss per share (vs NT$0.39 loss in 3Q 2021) Third quarter 2022 results: NT$0.01 loss per share (improved from NT$0.39 loss in 3Q 2021). Revenue: NT$96.8m (down 12% from 3Q 2021). Net loss: NT$478.0k (loss narrowed 98% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2022 earnings released: NT$0.01 loss per share (vs NT$0.39 loss in 3Q 2021) Third quarter 2022 results: NT$0.01 loss per share (improved from NT$0.39 loss in 3Q 2021). Revenue: NT$96.8m (down 12% from 3Q 2021). Net loss: NT$478.0k (loss narrowed 98% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.72 loss per share (vs NT$0.062 loss in 1Q 2021) First quarter 2022 results: NT$0.72 loss per share (down from NT$0.062 loss in 1Q 2021). Revenue: NT$61.5m (down 28% from 1Q 2021). Net loss: NT$38.7m (loss widened NT$35.4m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 03
Full year 2021 earnings released: NT$0.63 loss per share (vs NT$0.90 loss in FY 2020) Full year 2021 results: NT$0.63 loss per share (up from NT$0.90 loss in FY 2020). Revenue: NT$450.1m (up 45% from FY 2020). Net loss: NT$33.6m (loss narrowed 30% from FY 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.39 loss per share (vs NT$0.007 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$110.3m (up 41% from 3Q 2020). Net loss: NT$20.9m (down NT$21.2m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.12 loss per share (vs NT$0.47 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$152.0m (up 91% from 2Q 2020). Net loss: NT$8.35m (down 126% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
First quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.73 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$85.4m (up 35% from 1Q 2020). Net loss: NT$3.31m (loss narrowed 93% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$0.71 loss per share (vs NT$1.49 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: NT$310.5m (up 8.7% from FY 2019). Net loss: NT$48.1m (loss narrowed 53% from FY 2019). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year. Is New 90 Day High Low • Jan 07
New 90-day high: NT$16.30 The company is up 54% from its price of NT$10.60 on 08 October 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: NT$14.30 The company is up 34% from its price of NT$10.65 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: NT$11.80 The company is up 26% from its price of NT$9.39 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.01 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$78.2m (up 24% from 3Q 2019). Net income: NT$373.0k (up NT$26.6m from 3Q 2019). Profit margin: 0.5% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.