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2340 - Optotech Share Price

TWD22.1 -1.3  -5.4%

Last Trade - 6:30am

Sector
Technology
Size
Small Cap
Market Cap £237.9m
Enterprise Value £188.1m
Revenue £140.4m
Position in Universe 1749th / 5996
Bullish
Bearish
Unlock 2340 Revenue
Momentum
Relative Strength (%)
1m +14.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
6,317 5,631 5,488 5,590 5,365 5,418 5,693 6,271 -3.0%
+52.1 -14.1 +59.5 -20.1 -10.4 -15.6 +31.6 +8.99
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, OPTO Tech Corporation revenues decreased 8% to NT$2.37B. Net income decreased 37% to NT$165.5M. Revenues reflect System Products segment decrease of 22% to NT$475M, Semiconductor segment decrease of 4% to NT$1.76B. Net income also reflects Foreign Exchange Gain/Loss decrease of 94% to NT$620K (income), Expected Credit Gain/Loss increase from NT$2.5M to NT$7.9M (expense).
Health Trend(F-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

2340 Normalised EPS Unlock 2340 Revenue

PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
2340 EPS Forecasts Unlock 2340 Revenue
Profile Summary

OPTOTECH CORPORATION is a Taiwan-based company principally engaged in the manufacture and distribution of optoelectronic semiconductor components and related products. The Company mainly provides light emitting diode (LED) components, including LED chips and infrared emitting diode chips; light detecting diode components, including light detecting diode chips, optoelectronic detecting semiconductor chips and high power electronic components, as well as system products, including LED information display screens, LED lighting systems and LED automobile lights. The Company also provides LED packaging components. The Company distributes its products in domestic market and to overseas markets, including Europe, the Americas, Southeast Asia, Northeast Asia and others.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated December 21, 1983
Public Since May 2, 1995
No. of Shareholders: 57,027
No. of Employees: 1,785
Sector Technology
Industry Semiconductors & Semiconductor Equipment
Index Taiwan SE Weighted ,
Exchange Taiwan Stock Exchange
Shares in Issue 377,868,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
2340 Share Price Performance
Share Price
Bid - Ask
Low - High
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Latest News for 2340
Upcoming Events for 2340
Frequently Asked Questions for Optotech
What is the Optotech share price?

As of 6:30am, shares in Optotech are trading at TWD22.1, giving the company a market capitalisation of £237.9m. This share price information is delayed by 15 minutes.

How has the Optotech share price performed this year?

Shares in Optotech are currently trading at TWD22.1 and the price has moved by -8.25% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Optotech price has moved by -7.63% over the past year.

What are the analyst and broker recommendations for Optotech?

Of the analysts with advisory recommendations for Optotech, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Optotech is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Optotech next release its financial results?

Optotech is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Optotech dividend yield?

Optotech does not currently pay a dividend.

Does Optotech pay a dividend?

Optotech does not currently pay a dividend.

When does Optotech next pay dividends?

Optotech does not currently pay a dividend.

How do I buy Optotech shares?

To buy shares in Optotech you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Optotech?

Shares in Optotech are currently trading at TWD22.1, giving the company a market capitalisation of £237.9m.

Where are Optotech shares listed? Where are Optotech shares listed?

Here are the trading details for Optotech:

Country of listing: Taiwan
Exchange: TAI
Ticker Symbol: 2340
What kind of share is Optotech?

Based on an overall assessment of its quality, value and momentum, Optotech is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Optotech share price forecast 2020?

We were not able to load any forecast data for Optotech.

How can I tell whether the Optotech share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Optotech. Over the past six months, the relative strength of its shares against the market has been 3.36%. At the current price of TWD22.1, shares in Optotech are trading at 7.01% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Optotech PE Ratio?

The Optotech PE ratio based on its reported earnings over the past 12 months is 17.07. The shares are currently trading at TWD22.1.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Optotech?

Optotech's management team is headed by:

Hongdong Wang - CHM
Shunzhi Chen - DGM
Zijun Lin - DRC
Masahiko Kobayashi - DRC
Yinrui Chen - OTH
Suqin Dai - DRC
Koshi Ishigami - DRC
Koshi Sakamoto - DRC
Zhenjia Dai - VCH
Who are the major shareholders of Optotech?

Here are the top five shareholders of Optotech based on the size of their shareholding:

Nichia Shoji Corporation Corporation
Percentage owned: 6.99% (26.4m shares)
Cathay Life Insurance Co., Ltd. Insurance Company
Percentage owned: 4.83% (18.3m shares)
RunTong Investment Co., Ltd. Corporation
Percentage owned: 3.27% (12.4m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 2.93% (11.1m shares)
Nichia Chemical Industry Ltd. Corporation
Percentage owned: 2.91% (11.0m shares)
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