Promise Technology, Inc. Logo

Promise Technology, Inc.

3057.TW

(1.0)
Stock Price

12,30 TWD

-11.42% ROA

-17.14% ROE

-8.98x PER

Market Cap.

1.153.849.815,00 TWD

41.68% DER

0% Yield

-22.18% NPM

Promise Technology, Inc. Stock Analysis

Promise Technology, Inc. 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.

Promise Technology, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (32%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 PBV

The stock's PBV ratio (1.26x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

3 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.114), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

4 ROE

Negative ROE (-8.11%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-5.53%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 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.

7 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.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

Promise Technology, Inc. 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.

Promise Technology, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Promise Technology, Inc. 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.

Promise Technology, Inc. Revenue
Year Revenue Growth
2009 2.557.785.000
2010 2.613.882.000 2.15%
2011 2.827.707.000 7.56%
2012 3.108.195.000 9.02%
2013 3.616.534.000 14.06%
2014 3.818.253.000 5.28%
2015 2.990.279.000 -27.69%
2016 2.672.402.000 -11.89%
2017 1.832.618.000 -45.82%
2018 1.829.387.000 -0.18%
2019 1.245.515.000 -46.88%
2020 963.405.000 -29.28%
2021 948.602.000 -1.56%
2022 890.134.000 -6.57%
2023 595.344.000 -49.52%
2023 584.522.000 -1.85%
2024 554.812.000 -5.35%

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.

Promise Technology, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2009 615.060.000
2010 735.396.000 16.36%
2011 677.283.000 -8.58%
2012 536.058.000 -26.35%
2013 557.823.000 3.9%
2014 591.881.000 5.75%
2015 478.764.000 -23.63%
2016 481.013.000 0.47%
2017 471.137.000 -2.1%
2018 259.337.000 -81.67%
2019 237.768.000 -9.07%
2020 174.213.000 -36.48%
2021 124.927.000 -39.45%
2022 124.307.000 -0.5%
2023 116.320.000 -6.87%
2023 129.678.000 10.3%
2024 115.076.000 -12.69%

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.

Promise Technology, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 211.411.000
2010 240.318.000 12.03%
2011 227.069.000 -5.83%
2012 192.291.000 -18.09%
2013 231.581.000 16.97%
2014 245.855.000 5.81%
2015 228.968.000 -7.38%
2016 231.043.000 0.9%
2017 201.798.000 -14.49%
2018 184.222.000 -9.54%
2019 162.167.000 -13.6%
2020 113.292.000 -43.14%
2021 93.910.000 -20.64%
2022 84.158.000 -11.59%
2023 72.352.000 -16.32%
2023 76.246.000 5.11%
2024 67.956.000 -12.2%

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.

Promise Technology, Inc. EBITDA
Year EBITDA Growth
2009 234.948.000
2010 149.257.000 -57.41%
2011 95.189.000 -56.8%
2012 255.087.000 62.68%
2013 496.153.000 48.59%
2014 627.236.000 20.9%
2015 288.242.000 -117.61%
2016 -157.731.000 282.74%
2017 -434.728.000 63.72%
2018 19.164.000 2368.46%
2019 -199.833.000 109.59%
2020 -66.698.000 -199.61%
2021 64.325.000 203.69%
2022 52.827.000 -21.77%
2023 568.000 -9200.53%
2023 -72.884.000 100.78%
2024 -111.692.000 34.75%

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.

Promise Technology, Inc. Gross Profit
Year Gross Profit Growth
2009 1.280.666.000
2010 1.314.179.000 2.55%
2011 1.136.138.000 -15.67%
2012 1.203.148.000 5.57%
2013 1.525.710.000 21.14%
2014 1.750.414.000 12.84%
2015 1.265.067.000 -38.37%
2016 1.069.209.000 -18.32%
2017 671.870.000 -59.14%
2018 588.872.000 -14.09%
2019 378.697.000 -55.5%
2020 307.953.000 -22.97%
2021 344.025.000 10.49%
2022 323.032.000 -6.5%
2023 214.116.000 -50.87%
2023 202.277.000 -5.85%
2024 147.028.000 -37.58%

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.

Promise Technology, Inc. Net Profit
Year Net Profit Growth
2009 145.939.000
2010 5.921.000 -2364.77%
2011 -183.190.000 103.23%
2012 100.317.000 282.61%
2013 330.516.000 69.65%
2014 407.957.000 18.98%
2015 77.602.000 -425.7%
2016 -327.496.000 123.7%
2017 -601.209.000 45.53%
2018 -64.002.000 -839.36%
2019 -326.970.000 80.43%
2020 -47.715.000 -585.26%
2021 444.000 10846.62%
2022 2.890.000 84.64%
2023 -35.632.000 108.11%
2023 -143.406.000 75.15%
2024 -127.416.000 -12.55%

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.

Promise Technology, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 2
2010 0 0%
2011 -2 100%
2012 1 300%
2013 4 75%
2014 5 0%
2015 1 0%
2016 -4 100%
2017 -7 57.14%
2018 -1 0%
2019 -4 100%
2020 -1 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 -2 100%
2024 -1 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.

Promise Technology, Inc. Free Cashflow
Year Free Cashflow Growth
2009 278.584.000
2010 -420.842.000 166.2%
2011 9.391.000 4581.33%
2012 244.955.000 96.17%
2013 498.082.000 50.82%
2014 515.219.000 3.33%
2015 88.467.000 -482.39%
2016 -39.009.000 326.79%
2017 -517.168.000 92.46%
2018 10.984.000 4808.38%
2019 -110.161.000 109.97%
2020 -114.588.000 3.86%
2021 9.271.000 1335.98%
2022 19.112.000 51.49%
2023 -3.682.000 619.07%
2023 -59.715.000 93.83%
2024 1.822.000 3377.44%

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.

Promise Technology, Inc. Operating Cashflow
Year Operating Cashflow Growth
2009 334.031.000
2010 -270.164.000 223.64%
2011 74.043.000 464.87%
2012 279.402.000 73.5%
2013 554.616.000 49.62%
2014 597.077.000 7.11%
2015 218.167.000 -173.68%
2016 86.034.000 -153.58%
2017 -470.182.000 118.3%
2018 22.138.000 2223.87%
2019 -86.173.000 125.69%
2020 -95.628.000 9.89%
2021 23.416.000 508.39%
2022 22.443.000 -4.34%
2023 -3.147.000 813.16%
2023 -55.874.000 94.37%
2024 2.922.000 2012.18%

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.

Promise Technology, Inc. Capital Expenditure
Year Capital Expenditure Growth
2009 55.447.000
2010 150.678.000 63.2%
2011 64.652.000 -133.06%
2012 34.447.000 -87.69%
2013 56.534.000 39.07%
2014 81.858.000 30.94%
2015 129.700.000 36.89%
2016 125.043.000 -3.72%
2017 46.986.000 -166.13%
2018 11.154.000 -321.25%
2019 23.988.000 53.5%
2020 18.960.000 -26.52%
2021 14.145.000 -34.04%
2022 3.331.000 -324.65%
2023 535.000 -522.62%
2023 3.841.000 86.07%
2024 1.100.000 -249.18%

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.

Promise Technology, Inc. Equity
Year Equity Growth
2009 1.795.155.000
2010 1.618.151.000 -10.94%
2011 1.568.904.000 -3.14%
2012 1.664.357.000 5.74%
2013 2.217.975.000 24.96%
2014 2.456.998.000 9.73%
2015 2.289.998.000 -7.29%
2016 1.897.401.000 -20.69%
2017 1.267.221.000 -49.73%
2018 1.209.926.000 -4.74%
2019 862.434.000 -40.29%
2020 815.365.000 -5.77%
2021 803.715.000 -1.45%
2022 872.642.000 7.9%
2023 842.587.000 -3.57%
2023 734.333.000 -14.74%
2024 706.128.000 -3.99%

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.

Promise Technology, Inc. Assets
Year Assets Growth
2009 2.256.509.000
2010 3.325.044.000 32.14%
2011 3.065.220.000 -8.48%
2012 2.838.393.000 -7.99%
2013 3.209.616.000 11.57%
2014 3.425.942.000 6.31%
2015 3.100.611.000 -10.49%
2016 2.756.101.000 -12.5%
2017 2.242.615.000 -22.9%
2018 2.154.818.000 -4.07%
2019 1.898.524.000 -13.5%
2020 1.566.230.000 -21.22%
2021 1.399.418.000 -11.92%
2022 1.274.074.000 -9.84%
2023 1.306.211.000 2.46%
2023 1.188.635.000 -9.89%
2024 1.140.975.000 -4.18%

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.

Promise Technology, Inc. Liabilities
Year Liabilities Growth
2009 461.354.000
2010 1.706.893.000 72.97%
2011 1.496.316.000 -14.07%
2012 1.174.036.000 -27.45%
2013 991.641.000 -18.39%
2014 968.944.000 -2.34%
2015 810.613.000 -19.53%
2016 858.700.000 5.6%
2017 975.394.000 11.96%
2018 944.892.000 -3.23%
2019 1.036.090.000 8.8%
2020 750.865.000 -37.99%
2021 595.703.000 -26.05%
2022 401.432.000 -48.39%
2023 463.624.000 13.41%
2023 454.302.000 -2.05%
2024 434.847.000 -4.47%

Promise Technology, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.25
Net Income per Share
-1.39
Price to Earning Ratio
-8.98x
Price To Sales Ratio
1.99x
POCF Ratio
-72.21
PFCF Ratio
-59.08
Price to Book Ratio
1.64
EV to Sales
1.85
EV Over EBITDA
-15.26
EV to Operating CashFlow
-66.96
EV to FreeCashFlow
-54.79
Earnings Yield
-0.11
FreeCashFlow Yield
-0.02
Market Cap
1,15 Bil.
Enterprise Value
1,07 Bil.
Graham Number
15.41
Graham NetNet
1.91

Income Statement Metrics

Net Income per Share
-1.39
Income Quality
0.12
ROE
-0.17
Return On Assets
-0.11
Return On Capital Employed
-0.12
Net Income per EBT
0.98
EBT Per Ebit
1.31
Ebit per Revenue
-0.17
Effective Tax Rate
-0.01

Margins

Sales, General, & Administrative to Revenue
0.12
Research & Developement to Revenue
0.21
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
-0.17
Pretax Profit Margin
-0.23
Net Profit Margin
-0.22

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.17
Free CashFlow per Share
-0.21
Capex to Operating CashFlow
-0.22
Capex to Revenue
0.01
Capex to Depreciation
0.09
Return on Invested Capital
-0.1
Return on Tangible Assets
-0.11
Days Sales Outstanding
40.58
Days Payables Outstanding
40.11
Days of Inventory on Hand
342.76
Receivables Turnover
8.99
Payables Turnover
9.1
Inventory Turnover
1.06
Capex per Share
0.04

Balance Sheet

Cash per Share
4,09
Book Value per Share
7,62
Tangible Book Value per Share
7.45
Shareholders Equity per Share
7.61
Interest Debt per Share
3.25
Debt to Equity
0.42
Debt to Assets
0.26
Net Debt to EBITDA
1.19
Current Ratio
2.45
Tangible Asset Value
0,69 Bil.
Net Current Asset Value
0,39 Bil.
Invested Capital
654653000
Working Capital
0,49 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,07 Bil.
Average Payables
0,05 Bil.
Average Inventory
385407500
Debt to Market Cap
0.25

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.

Promise Technology, Inc. Dividends
Year Dividends Growth
2003 2
2004 2 0%
2005 0 0%
2007 0 0%
2009 1 0%
2010 1 0%
2013 0 0%
2014 2 100%
2015 2 0%
2016 0 0%

Promise Technology, Inc. Profile

About Promise Technology, Inc.

Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; Vess storage appliances for IP video surveillance installations; and Apollo Cloud, a cloud to store and share photos and videos through phones, tablets, or laptops. The company also provides Pegasus, a Thunderbolt 3 RAID storage solution for creative enthusiasts and professionals; and SANLink, a Thunderbolt bridge adapter, which eliminates bottlenecks through the introduction of fiber channel or 10 Gb Ethernet connectivity. In addition, it offers media, surveillance, and IT and ODM solutions, as well as warranty, onsite hardware replacement, and installation services. The company was founded in 1988 and is headquartered in Hsinchu City, Taiwan.

CEO
Mr. James Lee
Employee
132
Address
30 Industry East Road IX
Hsinchu City, 30075

Promise Technology, Inc. Executives & BODs

Promise Technology, Inc. Executives & BODs
# Name Age
1 Mr. James Lee
Chairman & President
70
2 Xiang Yun Xiao
Head of Accounting Department
70
3 Ruo Han Chen
Financial Officer
70

Promise Technology, Inc. Competitors