Emerging Display Technologies Corp. Logo

Emerging Display Technologies Corp.

3038.TW

(3.2)
Stock Price

27,00 TWD

9.51% ROA

15.8% ROE

9.53x PER

Market Cap.

3.849.102.600,00 TWD

13.73% DER

6.18% Yield

10.25% NPM

Emerging Display Technologies Corp. Stock Analysis

Emerging Display Technologies Corp. 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.

Emerging Display Technologies Corp. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.87%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (20%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 PBV

The stock's PBV ratio (1.93x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

8 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (400), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Emerging Display Technologies Corp. 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.

Emerging Display Technologies Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Emerging Display Technologies Corp. 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.

Emerging Display Technologies Corp. Revenue
Year Revenue Growth
2009 2.887.767.000
2010 3.973.587.000 27.33%
2011 3.939.833.000 -0.86%
2012 3.735.794.000 -5.46%
2013 3.635.599.000 -2.76%
2014 3.919.890.000 7.25%
2015 3.476.757.000 -12.75%
2016 3.178.919.000 -9.37%
2017 3.005.136.000 -5.78%
2018 2.818.735.000 -6.61%
2019 4.107.559.000 31.38%
2020 3.737.299.000 -9.91%
2021 4.183.403.000 10.66%
2022 4.692.706.000 10.85%
2023 4.478.036.000 -4.79%
2023 4.386.724.000 -2.08%
2024 3.755.612.000 -16.8%

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.

Emerging Display Technologies Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2009 73.873.000
2010 91.500.000 19.26%
2011 79.654.000 -14.87%
2012 87.484.000 8.95%
2013 89.196.000 1.92%
2014 85.101.000 -4.81%
2015 100.149.000 15.03%
2016 102.547.000 2.34%
2017 96.265.000 -6.53%
2018 103.245.000 6.76%
2019 112.855.000 8.52%
2020 115.565.000 2.35%
2021 116.966.000 1.2%
2022 128.388.000 8.9%
2023 165.060.000 22.22%
2023 147.382.000 -11.99%
2024 154.352.000 4.52%

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.

Emerging Display Technologies Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 141.534.000
2010 154.521.000 8.4%
2011 146.110.000 -5.76%
2012 157.663.000 7.33%
2013 143.000.000 -10.25%
2014 141.804.000 -0.84%
2015 146.175.000 2.99%
2016 141.306.000 -3.45%
2017 124.587.000 -13.42%
2018 127.386.000 2.2%
2019 132.038.000 3.52%
2020 133.865.000 1.36%
2021 128.504.000 -4.17%
2022 162.964.000 21.15%
2023 181.956.000 10.44%
2023 161.728.000 -12.51%
2024 179.456.000 9.88%

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.

Emerging Display Technologies Corp. EBITDA
Year EBITDA Growth
2009 61.698.000
2010 349.213.000 82.33%
2011 383.337.000 8.9%
2012 186.247.000 -105.82%
2013 308.572.000 39.64%
2014 425.092.000 27.41%
2015 462.758.000 8.14%
2016 339.430.000 -36.33%
2017 165.017.000 -105.69%
2018 209.692.000 21.31%
2019 401.605.000 47.79%
2020 367.242.000 -9.36%
2021 342.189.000 -7.32%
2022 577.870.000 40.78%
2023 770.404.000 24.99%
2023 519.030.000 -48.43%
2024 352.628.000 -47.19%

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.

Emerging Display Technologies Corp. Gross Profit
Year Gross Profit Growth
2009 42.076.000
2010 435.902.000 90.35%
2011 403.561.000 -8.01%
2012 369.828.000 -9.12%
2013 458.233.000 19.29%
2014 567.716.000 19.28%
2015 693.909.000 18.19%
2016 627.726.000 -10.54%
2017 510.662.000 -22.92%
2018 479.351.000 -6.53%
2019 801.020.000 40.16%
2020 785.867.000 -1.93%
2021 713.185.000 -10.19%
2022 917.448.000 22.26%
2023 1.065.968.000 13.93%
2023 994.557.000 -7.18%
2024 874.272.000 -13.76%

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.

Emerging Display Technologies Corp. Net Profit
Year Net Profit Growth
2009 -473.720.000
2010 -73.401.000 -545.39%
2011 2.118.000 3565.58%
2012 -109.474.000 101.93%
2013 50.694.000 315.95%
2014 170.881.000 70.33%
2015 265.977.000 35.75%
2016 187.772.000 -41.65%
2017 54.314.000 -245.72%
2018 111.926.000 51.47%
2019 257.325.000 56.5%
2020 233.466.000 -10.22%
2021 237.280.000 1.61%
2022 420.003.000 43.51%
2023 543.124.000 22.67%
2023 418.153.000 -29.89%
2024 341.632.000 -22.4%

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.

Emerging Display Technologies Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 -3
2010 0 0%
2011 0 0%
2012 -1 0%
2013 0 0%
2014 1 0%
2015 1 100%
2016 1 0%
2017 0 0%
2018 1 0%
2019 2 100%
2020 2 0%
2021 2 0%
2022 3 50%
2023 4 33.33%
2023 3 -50%
2024 2 0%

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.

Emerging Display Technologies Corp. Free Cashflow
Year Free Cashflow Growth
2009 347.980.000
2010 343.735.000 -1.23%
2011 60.281.000 -470.22%
2012 270.436.000 77.71%
2013 140.108.000 -93.02%
2014 429.040.000 67.34%
2015 321.637.000 -33.39%
2016 367.427.000 12.46%
2017 -132.343.000 377.63%
2018 169.164.000 178.23%
2019 356.438.000 52.54%
2020 129.343.000 -175.58%
2021 96.573.000 -33.93%
2022 584.983.000 83.49%
2023 544.101.000 -7.51%
2023 168.402.000 -223.1%
2024 13.948.000 -1107.36%

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.

Emerging Display Technologies Corp. Operating Cashflow
Year Operating Cashflow Growth
2009 361.318.000
2010 403.943.000 10.55%
2011 330.130.000 -22.36%
2012 340.357.000 3%
2013 205.816.000 -65.37%
2014 486.946.000 57.73%
2015 374.705.000 -29.95%
2016 401.171.000 6.6%
2017 -98.154.000 508.72%
2018 289.955.000 133.85%
2019 396.119.000 26.8%
2020 163.886.000 -141.7%
2021 150.004.000 -9.25%
2022 750.704.000 80.02%
2023 667.722.000 -12.43%
2023 196.995.000 -238.95%
2024 42.131.000 -367.58%

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.

Emerging Display Technologies Corp. Capital Expenditure
Year Capital Expenditure Growth
2009 13.338.000
2010 60.208.000 77.85%
2011 269.849.000 77.69%
2012 69.921.000 -285.93%
2013 65.708.000 -6.41%
2014 57.906.000 -13.47%
2015 53.068.000 -9.12%
2016 33.744.000 -57.27%
2017 34.189.000 1.3%
2018 120.791.000 71.7%
2019 39.681.000 -204.41%
2020 34.543.000 -14.87%
2021 53.431.000 35.35%
2022 165.721.000 67.76%
2023 123.621.000 -34.06%
2023 28.593.000 -332.35%
2024 28.183.000 -1.45%

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.

Emerging Display Technologies Corp. Equity
Year Equity Growth
2009 1.719.027.000
2010 2.059.007.000 16.51%
2011 2.038.556.000 -1%
2012 1.906.827.000 -6.91%
2013 1.953.317.000 2.38%
2014 2.132.593.000 8.41%
2015 2.116.069.000 -0.78%
2016 2.040.669.000 -3.69%
2017 1.917.562.000 -6.42%
2018 1.809.159.000 -5.99%
2019 1.951.981.000 7.32%
2020 1.980.565.000 1.44%
2021 2.072.383.000 4.43%
2022 2.327.843.000 10.97%
2023 2.628.036.000 11.42%
2023 2.578.348.000 -1.93%
2024 2.663.712.000 3.2%

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.

Emerging Display Technologies Corp. Assets
Year Assets Growth
2009 3.781.875.000
2010 4.021.392.000 5.96%
2011 3.927.986.000 -2.38%
2012 3.489.614.000 -12.56%
2013 3.681.179.000 5.2%
2014 3.549.692.000 -3.7%
2015 3.760.933.000 5.62%
2016 3.453.848.000 -8.89%
2017 3.535.123.000 2.3%
2018 3.394.068.000 -4.16%
2019 3.636.866.000 6.68%
2020 3.609.189.000 -0.77%
2021 3.589.443.000 -0.55%
2022 4.285.773.000 16.25%
2023 4.153.643.000 -3.18%
2023 4.202.380.000 1.16%
2024 4.252.448.999 1.18%

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.

Emerging Display Technologies Corp. Liabilities
Year Liabilities Growth
2009 2.062.848.000
2010 1.962.385.000 -5.12%
2011 1.889.430.000 -3.86%
2012 1.582.787.000 -19.37%
2013 1.727.862.000 8.4%
2014 1.417.099.000 -21.93%
2015 1.644.864.000 13.85%
2016 1.413.179.000 -16.39%
2017 1.617.561.000 12.64%
2018 1.584.909.000 -2.06%
2019 1.684.885.000 5.93%
2020 1.628.624.000 -3.45%
2021 1.517.060.000 -7.35%
2022 1.957.930.000 22.52%
2023 1.525.607.000 -28.34%
2023 1.624.032.000 6.06%
2024 1.588.737.000 -2.22%

Emerging Display Technologies Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
26.5
Net Income per Share
2.72
Price to Earning Ratio
9.53x
Price To Sales Ratio
0.98x
POCF Ratio
7.47
PFCF Ratio
10.28
Price to Book Ratio
1.47
EV to Sales
0.81
EV Over EBITDA
6.25
EV to Operating CashFlow
6.2
EV to FreeCashFlow
8.54
Earnings Yield
0.1
FreeCashFlow Yield
0.1
Market Cap
3,85 Bil.
Enterprise Value
3,20 Bil.
Graham Number
32.84
Graham NetNet
8.37

Income Statement Metrics

Net Income per Share
2.72
Income Quality
1.17
ROE
0.16
Return On Assets
0.09
Return On Capital Employed
0.14
Net Income per EBT
0.82
EBT Per Ebit
1.12
Ebit per Revenue
0.11
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.24
Operating Profit Margin
0.11
Pretax Profit Margin
0.12
Net Profit Margin
0.1

Dividends

Dividend Yield
0.06
Dividend Yield %
6.18
Payout Ratio
0.59
Dividend Per Share
1.6

Operating Metrics

Operating Cashflow per Share
3.47
Free CashFlow per Share
2.52
Capex to Operating CashFlow
0.27
Capex to Revenue
0.04
Capex to Depreciation
1.86
Return on Invested Capital
0.12
Return on Tangible Assets
0.1
Days Sales Outstanding
60.39
Days Payables Outstanding
53.2
Days of Inventory on Hand
86.05
Receivables Turnover
6.04
Payables Turnover
6.86
Inventory Turnover
4.24
Capex per Share
0.95

Balance Sheet

Cash per Share
13,39
Book Value per Share
17,92
Tangible Book Value per Share
17.89
Shareholders Equity per Share
17.64
Interest Debt per Share
2.5
Debt to Equity
0.14
Debt to Assets
0.08
Net Debt to EBITDA
-1.27
Current Ratio
3.13
Tangible Asset Value
2,66 Bil.
Net Current Asset Value
1,81 Bil.
Invested Capital
2941870000
Working Capital
2,31 Bil.
Intangibles to Total Assets
0
Average Receivables
0,64 Bil.
Average Payables
0,42 Bil.
Average Inventory
728769000
Debt to Market Cap
0.09

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.

Emerging Display Technologies Corp. Dividends
Year Dividends Growth
2003 0
2004 2 100%
2005 1 0%
2006 1 0%
2007 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 1 100%
2021 1 0%
2022 1 0%
2023 2 0%
2024 2 0%

Emerging Display Technologies Corp. Profile

About Emerging Display Technologies Corp.

Emerging Display Technologies Corp. produces and sells capacitive touch panels and liquid crystal displays (LCD) in Taiwan, Europe, the United States, and internationally. The company offers thin-film transistor (TFT), super-twisted nematic (STN) character and graphic, TFT with capacitive touch, STN display, and FSTN display technologies using various methods of driver electronics on various modules, such as chip on glass, chip on board, chip on flex, tape automated bonding, and flexible print circuit board. It also provides smart embedded modules that offers components to control the display and touchscreen, as well as various interfaces. The company used its products in industrial equipment, smart home control devices, healthcare equipment, handheld devices, and information appliance products. Emerging Display Technologies Corp. was founded in 1983 and is headquartered in Kaohsiung, Taiwan.

CEO
Mr. Tai-Kuang Wang
Employee
1.061
Address
No. 5, Central 1st Road
Kaohsiung,

Emerging Display Technologies Corp. Executives & BODs

Emerging Display Technologies Corp. Executives & BODs
# Name Age
1 Sandy Huang
Chief Financial Officer
70
2 Mr. Kun-He Kuo
Accounting Officer & Deputy Manager of Finance Department
70
3 Mr. Cheng-Chung Yu
Vice President & Director
70
4 Ying-Lan Liu
Chief Internal Auditor
70
5 Mr. Tai-Kuang Wang
President, Chief Executive Officer & Representative Director
70
6 Mr. Wen-Hsiung Hsieh
Vice President, Chairman's Special Assistant, Corporate Governance Officer, Secretary & Representative Director
70

Emerging Display Technologies Corp. Competitors