Gold Circuit Electronics Ltd. Logo

Gold Circuit Electronics Ltd.

2368.TW

(2.8)
Stock Price

182,00 TWD

13.17% ROA

30.01% ROE

18.38x PER

Market Cap.

92.227.376.000,00 TWD

31.65% DER

1.85% Yield

14.17% NPM

Gold Circuit Electronics Ltd. Stock Analysis

Gold Circuit Electronics Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Gold Circuit Electronics Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (26%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (38%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

6 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (9.214) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (7.86x) suggests it's overvalued, potentially making it an expensive investment.

9 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Gold Circuit Electronics Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Gold Circuit Electronics Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Gold Circuit Electronics Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Gold Circuit Electronics Ltd. Revenue
Year Revenue Growth
2006 15.091.453.000
2007 19.420.623.000 22.29%
2008 18.364.485.000 -5.75%
2009 14.277.599.000 -28.62%
2010 15.466.523.000 7.69%
2011 16.938.676.000 8.69%
2012 15.059.094.000 -12.48%
2013 17.747.280.000 15.15%
2014 20.084.206.000 11.64%
2015 19.141.107.000 -4.93%
2016 19.196.196.000 0.29%
2017 19.166.120.000 -0.16%
2018 20.596.419.000 6.94%
2019 18.990.719.000 -8.46%
2020 23.398.323.000 18.84%
2021 26.607.474.000 12.06%
2022 32.785.064.000 18.84%
2023 32.983.656.000 0.6%
2023 30.043.950.000 -9.78%
2024 38.292.020.000 21.54%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Gold Circuit Electronics Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 193.024.000
2007 224.121.000 13.88%
2008 188.857.000 -18.67%
2009 227.312.000 16.92%
2010 230.996.000 1.59%
2011 270.967.000 14.75%
2012 277.057.000 2.2%
2013 329.929.000 16.03%
2014 354.732.000 6.99%
2015 371.064.000 4.4%
2016 401.960.000 7.69%
2017 419.800.000 4.25%
2018 474.028.000 11.44%
2019 471.004.000 -0.64%
2020 533.478.000 11.71%
2021 623.220.000 14.4%
2022 718.228.000 13.23%
2023 875.812.000 17.99%
2023 802.580.000 -9.12%
2024 967.404.000 17.04%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Gold Circuit Electronics Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 431.543.000
2007 562.481.000 23.28%
2008 706.238.000 20.36%
2009 432.879.000 -63.15%
2010 463.870.000 6.68%
2011 548.789.000 15.47%
2012 566.024.000 3.04%
2013 656.688.000 13.81%
2014 726.105.000 9.56%
2015 790.887.000 8.19%
2016 734.574.000 -7.67%
2017 699.301.000 -5.04%
2018 740.886.000 5.61%
2019 624.374.000 -18.66%
2020 785.493.000 20.51%
2021 832.429.000 5.64%
2022 983.518.000 15.36%
2023 1.091.812.000 9.92%
2023 986.344.000 -10.69%
2024 1.194.092.000 17.4%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Gold Circuit Electronics Ltd. EBITDA
Year EBITDA Growth
2006 2.753.022.000
2007 3.284.613.000 16.18%
2008 2.143.588.000 -53.23%
2009 1.444.465.000 -48.4%
2010 1.755.436.000 17.71%
2011 1.404.496.000 -24.99%
2012 -20.212.000 7048.82%
2013 1.012.631.000 102%
2014 2.519.360.000 59.81%
2015 1.814.899.000 -38.82%
2016 1.734.739.000 -4.62%
2017 1.034.376.000 -67.71%
2018 1.728.871.000 40.17%
2019 1.405.180.000 -23.04%
2020 3.660.517.000 61.61%
2021 4.841.592.000 24.39%
2022 7.392.579.000 34.51%
2023 7.914.660.000 6.6%
2023 6.258.303.000 -26.47%
2024 9.936.760.000 37.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Gold Circuit Electronics Ltd. Gross Profit
Year Gross Profit Growth
2006 2.819.944.000
2007 3.137.701.000 10.13%
2008 2.769.941.000 -13.28%
2009 1.626.838.000 -70.27%
2010 1.633.590.000 0.41%
2011 979.307.000 -66.81%
2012 -123.969.000 889.96%
2013 1.181.515.000 110.49%
2014 2.984.176.000 60.41%
2015 2.481.865.000 -20.24%
2016 2.623.801.000 5.41%
2017 1.882.825.000 -39.35%
2018 3.000.150.000 37.24%
2019 2.490.615.000 -20.46%
2020 5.290.580.000 52.92%
2021 6.371.040.000 16.96%
2022 8.728.088.000 27.01%
2023 9.666.120.000 9.7%
2023 7.723.796.000 -25.15%
2024 12.007.800.000 35.68%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Gold Circuit Electronics Ltd. Net Profit
Year Net Profit Growth
2006 1.263.272.000
2007 1.347.070.000 6.22%
2008 325.900.000 -313.34%
2009 -157.681.000 306.68%
2010 126.268.000 224.88%
2011 -421.197.000 129.98%
2012 -1.772.031.000 76.23%
2013 -874.134.000 -102.72%
2014 628.610.000 239.06%
2015 101.640.000 -518.47%
2016 143.789.000 29.31%
2017 -269.103.000 153.43%
2018 228.870.000 217.58%
2019 129.726.000 -76.43%
2020 2.066.612.000 93.72%
2021 2.926.854.000 29.39%
2022 4.567.875.000 35.93%
2023 4.655.952.000 1.89%
2023 3.528.592.000 -31.95%
2024 6.082.732.000 41.99%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Gold Circuit Electronics Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 3
2007 3 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 -1 0%
2012 -4 100%
2013 -2 -200%
2014 1 200%
2015 0 0%
2016 0 0%
2017 -1 0%
2018 0 0%
2019 0 0%
2020 4 100%
2021 6 33.33%
2022 9 25%
2023 10 11.11%
2023 7 -28.57%
2024 12 41.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Gold Circuit Electronics Ltd. Free Cashflow
Year Free Cashflow Growth
2006 571.998.000
2007 157.830.000 -262.41%
2008 -946.328.000 116.68%
2009 1.653.629.000 157.23%
2010 -504.273.000 427.92%
2011 -969.340.000 47.98%
2012 296.018.000 427.46%
2013 -395.249.000 174.89%
2014 392.084.000 200.81%
2015 1.354.464.000 71.05%
2016 1.179.743.000 -14.81%
2017 367.200.000 -221.28%
2018 -84.795.000 533.04%
2019 963.912.000 108.8%
2020 2.288.604.000 57.88%
2021 1.542.554.000 -48.36%
2022 3.081.104.000 49.94%
2023 3.652.653.000 15.65%
2023 83.648.000 -4266.69%
2024 -124.999.000 166.92%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Gold Circuit Electronics Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 2.966.720.000
2007 2.588.591.000 -14.61%
2008 1.284.161.000 -101.58%
2009 2.229.494.000 42.4%
2010 308.022.000 -623.81%
2011 889.020.000 65.35%
2012 1.016.577.000 12.55%
2013 746.931.000 -36.1%
2014 1.026.147.000 27.21%
2015 2.024.264.000 49.31%
2016 1.675.776.000 -20.8%
2017 1.191.617.000 -40.63%
2018 828.852.000 -43.77%
2019 1.751.976.000 52.69%
2020 2.988.642.000 41.38%
2021 2.389.501.000 -25.07%
2022 4.443.749.000 46.23%
2023 5.317.090.000 16.43%
2023 398.688.000 -1233.65%
2024 1.002.546.000 60.23%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Gold Circuit Electronics Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 2.394.722.000
2007 2.430.761.000 1.48%
2008 2.230.489.000 -8.98%
2009 575.865.000 -287.33%
2010 812.295.000 29.11%
2011 1.858.360.000 56.29%
2012 720.559.000 -157.91%
2013 1.142.180.000 36.91%
2014 634.063.000 -80.14%
2015 669.800.000 5.34%
2016 496.033.000 -35.03%
2017 824.417.000 39.83%
2018 913.647.000 9.77%
2019 788.064.000 -15.94%
2020 700.038.000 -12.57%
2021 846.947.000 17.35%
2022 1.362.645.000 37.85%
2023 1.664.437.000 18.13%
2023 315.040.000 -428.33%
2024 1.127.545.000 72.06%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Gold Circuit Electronics Ltd. Equity
Year Equity Growth
2006 8.299.920.000
2007 9.056.318.000 8.35%
2008 9.432.328.000 3.99%
2009 9.160.934.000 -2.96%
2010 9.030.155.000 -1.45%
2011 8.889.213.000 -1.59%
2012 6.959.031.000 -27.74%
2013 6.202.495.000 -12.2%
2014 7.238.223.000 14.31%
2015 7.203.147.000 -0.49%
2016 7.089.202.000 -1.61%
2017 6.800.404.000 -4.25%
2018 7.052.483.000 3.57%
2019 7.165.970.000 1.58%
2020 9.265.636.000 22.66%
2021 11.402.114.000 18.74%
2022 14.324.018.000 20.4%
2023 15.153.761.000 5.48%
2023 16.831.125.000 9.97%
2024 18.267.126.000 7.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Gold Circuit Electronics Ltd. Assets
Year Assets Growth
2006 20.511.357.000
2007 25.454.211.000 19.42%
2008 21.951.841.000 -15.95%
2009 20.187.676.000 -8.74%
2010 20.936.123.000 3.57%
2011 23.951.440.000 12.59%
2012 21.875.717.000 -9.49%
2013 22.311.900.000 1.95%
2014 24.236.424.000 7.94%
2015 22.187.354.000 -9.24%
2016 21.733.241.000 -2.09%
2017 21.255.597.000 -2.25%
2018 21.195.548.000 -0.28%
2019 20.908.384.000 -1.37%
2020 21.649.496.000 3.42%
2021 24.980.285.000 13.33%
2022 30.040.598.000 16.84%
2023 30.523.839.000 1.58%
2023 33.101.243.000 7.79%
2024 38.161.151.000 13.26%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Gold Circuit Electronics Ltd. Liabilities
Year Liabilities Growth
2006 12.211.437.000
2007 16.397.893.000 25.53%
2008 12.519.513.000 -30.98%
2009 11.026.742.000 -13.54%
2010 11.905.968.000 7.38%
2011 15.062.227.000 20.95%
2012 14.916.686.000 -0.98%
2013 16.109.405.000 7.4%
2014 16.998.201.000 5.23%
2015 14.984.207.000 -13.44%
2016 14.644.039.000 -2.32%
2017 14.455.193.000 -1.31%
2018 14.143.065.000 -2.21%
2019 13.742.414.000 -2.92%
2020 12.383.860.000 -10.97%
2021 13.578.171.000 8.8%
2022 15.716.580.000 13.61%
2023 15.370.078.000 -2.25%
2023 16.270.118.000 5.53%
2024 19.894.025.000 18.22%

Gold Circuit Electronics Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
72.78
Net Income per Share
10.31
Price to Earning Ratio
18.38x
Price To Sales Ratio
2.6x
POCF Ratio
20.47
PFCF Ratio
52.16
Price to Book Ratio
5.05
EV to Sales
2.52
EV Over EBITDA
10.67
EV to Operating CashFlow
19.81
EV to FreeCashFlow
50.49
Earnings Yield
0.05
FreeCashFlow Yield
0.02
Market Cap
92,23 Bil.
Enterprise Value
89,28 Bil.
Graham Number
93.32
Graham NetNet
3.72

Income Statement Metrics

Net Income per Share
10.31
Income Quality
0.74
ROE
0.3
Return On Assets
0.13
Return On Capital Employed
0.3
Net Income per EBT
0.67
EBT Per Ebit
1.02
Ebit per Revenue
0.21
Effective Tax Rate
0.33

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.21
Pretax Profit Margin
0.21
Net Profit Margin
0.14

Dividends

Dividend Yield
0.02
Dividend Yield %
1.85
Payout Ratio
0
Dividend Per Share
3.5

Operating Metrics

Operating Cashflow per Share
9.26
Free CashFlow per Share
3.63
Capex to Operating CashFlow
0.61
Capex to Revenue
0.08
Capex to Depreciation
2.66
Return on Invested Capital
0.21
Return on Tangible Assets
0.13
Days Sales Outstanding
131.85
Days Payables Outstanding
99.44
Days of Inventory on Hand
95.46
Receivables Turnover
2.77
Payables Turnover
3.67
Inventory Turnover
3.82
Capex per Share
5.62

Balance Sheet

Cash per Share
18,10
Book Value per Share
37,53
Tangible Book Value per Share
37.43
Shareholders Equity per Share
37.53
Interest Debt per Share
12.17
Debt to Equity
0.32
Debt to Assets
0.15
Net Debt to EBITDA
-0.35
Current Ratio
2.1
Tangible Asset Value
18,22 Bil.
Net Current Asset Value
8,78 Bil.
Invested Capital
23511309000
Working Capital
15,00 Bil.
Intangibles to Total Assets
0
Average Receivables
12,35 Bil.
Average Payables
6,62 Bil.
Average Inventory
6237410000
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Gold Circuit Electronics Ltd. Dividends
Year Dividends Growth
2005 0
2006 1 100%
2007 1 0%
2008 0 0%
2009 0 0%
2011 0 0%
2021 2 100%
2022 3 66.67%
2023 4 0%
2024 4 0%

Gold Circuit Electronics Ltd. Profile

About Gold Circuit Electronics Ltd.

Gold Circuit Electronics Ltd. manufactures, processes, and trades printed circuit boards in Taiwan. The company offers servers, workstations, notebook personal computers, desktop personal computers, etc. Its products are used in telecommunication, networking, cell phones, high-current power supplies, storage, and other fields. Gold Circuit Electronics Ltd. was founded in 1981 and is headquartered in Taoyuan City, Taiwan.

CEO
Mr. Chen-Tse Yang
Employee
8.831
Address
No. 113, Shiyuan Road
Taoyuan City, 320

Gold Circuit Electronics Ltd. Executives & BODs

Gold Circuit Electronics Ltd. Executives & BODs
# Name Age
1 Mr. Chung-Chih Lung
Senior Vice President
70
2 Mr. Chen-Tse Yang
Chairman, Manager, President & Chief Executive Officer
70
3 Mr. Chang-Chin Yang
Vice President of Finance Dept., Accounting Supervisor, Corporate Governance Officer & Head of Fin. & Actng.
70
4 Mr. Hsi-Kuei Huang
Sales President
70
5 Mr. Jin-Song Cai
Vice President
70
6 Mr. Chun-Hung Kuo
Chief Auditor
70
7 Mr. Chin-Sung Tsai
Factory Affairs President
70
8 Mr. Te-Ming Yang
Senior Vice President
70
9 Ms. Chen-Jung Yang
Director of Legal Affairs & Director
70
10 Mr. Chang-Ching Yang
Special Assistant & Director
70

Gold Circuit Electronics Ltd. Competitors