Min Aik Technology Co., Ltd. Logo

Min Aik Technology Co., Ltd.

3060.TW

(1.2)
Stock Price

25,75 TWD

-5.79% ROA

-8.61% ROE

-11.45x PER

Market Cap.

2.930.091.900,00 TWD

26.14% DER

1.41% Yield

-8.45% NPM

Min Aik Technology Co., Ltd. Stock Analysis

Min Aik Technology Co., 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.

Min Aik Technology Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (28%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (1.03x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 Graham Number

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

4 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (498) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

5 ROE

Negative ROE (-8.9%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (-5.94%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

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

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 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.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

Min Aik Technology Co., 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.

Min Aik Technology Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Min Aik Technology Co., 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.

Min Aik Technology Co., Ltd. Revenue
Year Revenue Growth
2006 9.759.320.000
2007 12.915.084.000 24.43%
2008 13.170.872.000 1.94%
2009 11.240.966.000 -17.17%
2010 12.446.855.000 9.69%
2011 10.116.695.000 -23.03%
2012 6.805.313.000 -48.66%
2013 6.576.544.000 -3.48%
2014 7.192.950.000 8.57%
2015 8.164.884.000 11.9%
2016 8.365.413.000 2.4%
2017 7.664.551.000 -9.14%
2018 6.786.263.000 -12.94%
2019 5.404.679.000 -25.56%
2020 3.889.506.000 -38.96%
2021 4.158.812.000 6.48%
2022 3.223.080.000 -29.03%
2023 3.000.932.000 -7.4%

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.

Min Aik Technology Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 141.118.000
2007 121.133.000 -16.5%
2008 167.879.000 27.85%
2009 134.281.000 -25.02%
2010 175.314.000 23.41%
2011 178.009.000 1.51%
2012 186.142.000 4.37%
2013 181.836.000 -2.37%
2014 177.771.000 -2.29%
2015 200.565.000 11.36%
2016 210.520.000 4.73%
2017 216.335.000 2.69%
2018 208.029.000 -3.99%
2019 190.529.000 -9.18%
2020 157.319.000 -21.11%
2021 134.679.000 -16.81%
2022 148.023.000 9.01%
2023 90.260.000 -64%

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.

Min Aik Technology Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 347.694.000
2007 429.415.000 19.03%
2008 428.316.000 -0.26%
2009 333.850.000 -28.3%
2010 514.794.000 35.15%
2011 356.707.000 -44.32%
2012 409.697.000 12.93%
2013 298.302.000 -37.34%
2014 309.839.000 3.72%
2015 333.467.000 7.09%
2016 304.405.000 -9.55%
2017 279.622.000 -8.86%
2018 295.908.000 5.5%
2019 269.627.000 -9.75%
2020 237.696.000 -13.43%
2021 221.301.000 -7.41%
2022 215.169.000 -2.85%
2023 239.320.000 10.09%

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.

Min Aik Technology Co., Ltd. EBITDA
Year EBITDA Growth
2006 1.078.283.000
2007 1.214.355.000 11.21%
2008 1.290.495.000 5.9%
2009 891.474.000 -44.76%
2010 1.522.851.000 41.46%
2011 849.180.000 -79.33%
2012 1.525.074.000 44.32%
2013 947.268.000 -61%
2014 1.210.777.000 21.76%
2015 1.416.484.000 14.52%
2016 642.234.000 -120.56%
2017 284.577.000 -125.68%
2018 -72.308.000 493.56%
2019 -224.738.000 67.83%
2020 -35.826.000 -527.3%
2021 424.195.000 108.45%
2022 196.813.000 -115.53%
2023 218.716.000 10.01%

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.

Min Aik Technology Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 1.479.256.000
2007 1.573.855.000 6.01%
2008 1.461.581.000 -7.68%
2009 1.466.014.000 0.3%
2010 1.817.393.000 19.33%
2011 1.596.290.000 -13.85%
2012 1.179.748.000 -35.31%
2013 1.174.376.000 -0.46%
2014 1.454.909.000 19.28%
2015 1.477.643.000 1.54%
2016 1.014.818.000 -45.61%
2017 615.176.000 -64.96%
2018 308.096.000 -99.67%
2019 141.301.000 -118.04%
2020 259.258.000 45.5%
2021 685.340.000 62.17%
2022 374.848.000 -82.83%
2023 303.552.000 -23.49%

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.

Min Aik Technology Co., Ltd. Net Profit
Year Net Profit Growth
2006 547.364.000
2007 491.858.000 -11.28%
2008 535.659.000 8.18%
2009 390.505.000 -37.17%
2010 931.871.000 58.09%
2011 234.758.000 -296.95%
2012 1.017.796.000 76.93%
2013 516.107.000 -97.21%
2014 725.130.000 28.83%
2015 755.083.000 3.97%
2016 213.883.000 -253.04%
2017 54.449.000 -292.81%
2018 -329.218.000 116.54%
2019 -471.889.000 30.23%
2020 -281.631.000 -67.56%
2021 186.906.000 250.68%
2022 20.565.000 -808.85%
2023 46.916.000 56.17%

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.

Min Aik Technology Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 4
2007 4 -33.33%
2008 4 0%
2009 3 -50%
2010 6 66.67%
2011 1 -500%
2012 6 83.33%
2013 3 -100%
2014 4 25%
2015 4 0%
2016 1 -300%
2017 0 0%
2018 -2 100%
2019 -3 33.33%
2020 -2 -50%
2021 1 300%
2022 0 0%
2023 0 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.

Min Aik Technology Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 353.815.000
2007 -525.188.000 167.37%
2008 691.911.000 175.9%
2009 1.148.718.000 39.77%
2010 594.505.000 -93.22%
2011 953.769.000 37.67%
2012 165.360.000 -476.78%
2013 1.275.663.000 87.04%
2014 494.861.000 -157.78%
2015 552.434.000 10.42%
2016 477.754.000 -15.63%
2017 -247.444.000 293.08%
2018 -708.391.000 65.07%
2019 -254.699.000 -178.13%
2020 490.513.000 151.93%
2021 -34.904.000 1505.32%
2022 -281.351.000 87.59%
2023 123.210.000 328.35%

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.

Min Aik Technology Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 1.042.309.000
2007 195.237.000 -433.87%
2008 1.416.943.000 86.22%
2009 1.347.316.000 -5.17%
2010 952.587.000 -41.44%
2011 1.256.002.000 24.16%
2012 804.086.000 -56.2%
2013 1.457.925.000 44.85%
2014 647.451.000 -125.18%
2015 1.004.833.000 35.57%
2016 919.563.000 -9.27%
2017 51.768.000 -1676.32%
2018 -448.413.000 111.54%
2019 -159.798.000 -180.61%
2020 553.882.000 128.85%
2021 43.996.000 -1158.94%
2022 -46.032.000 195.58%
2023 153.548.000 129.98%

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.

Min Aik Technology Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 688.494.000
2007 720.425.000 4.43%
2008 725.032.000 0.64%
2009 198.598.000 -265.08%
2010 358.082.000 44.54%
2011 302.233.000 -18.48%
2012 638.726.000 52.68%
2013 182.262.000 -250.44%
2014 152.590.000 -19.45%
2015 452.399.000 66.27%
2016 441.809.000 -2.4%
2017 299.212.000 -47.66%
2018 259.978.000 -15.09%
2019 94.901.000 -173.95%
2020 63.369.000 -49.76%
2021 78.900.000 19.68%
2022 235.319.000 66.47%
2023 30.338.000 -675.66%

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.

Min Aik Technology Co., Ltd. Equity
Year Equity Growth
2006 2.031.708.000
2007 2.382.225.000 14.71%
2008 2.577.517.000 7.58%
2009 2.836.684.000 9.14%
2010 4.283.298.000 33.77%
2011 4.014.312.000 -6.7%
2012 4.652.474.000 13.72%
2013 4.624.738.000 -0.6%
2014 5.033.321.000 8.12%
2015 5.001.767.000 -0.63%
2016 4.568.338.000 -9.49%
2017 3.970.851.000 -15.05%
2018 3.779.711.000 -5.06%
2019 3.234.193.000 -16.87%
2020 2.886.807.000 -12.03%
2021 2.908.478.000 0.75%
2022 2.867.646.000 -1.42%
2023 2.641.796.000 -8.55%

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.

Min Aik Technology Co., Ltd. Assets
Year Assets Growth
2006 6.312.636.000
2007 7.937.967.000 20.48%
2008 7.008.562.000 -13.26%
2009 7.332.299.000 4.42%
2010 8.395.991.000 12.67%
2011 6.937.710.000 -21.02%
2012 7.134.991.000 2.76%
2013 7.020.633.000 -1.63%
2014 7.636.708.000 8.07%
2015 8.001.560.000 4.56%
2016 8.082.960.000 1.01%
2017 7.219.069.000 -11.97%
2018 6.475.947.000 -11.48%
2019 5.433.900.000 -19.18%
2020 4.671.659.000 -16.32%
2021 5.120.949.000 8.77%
2022 4.430.487.000 -15.58%
2023 4.188.602.000 -5.77%

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.

Min Aik Technology Co., Ltd. Liabilities
Year Liabilities Growth
2006 3.982.674.000
2007 4.695.452.000 15.18%
2008 4.370.916.000 -7.42%
2009 4.219.324.000 -3.59%
2010 3.835.469.000 -10.01%
2011 2.721.771.000 -40.92%
2012 2.279.034.000 -19.43%
2013 2.210.666.000 -3.09%
2014 2.368.006.000 6.64%
2015 2.771.770.000 14.57%
2016 3.281.676.000 15.54%
2017 3.025.075.000 -8.48%
2018 2.696.236.000 -12.2%
2019 2.199.707.000 -22.57%
2020 1.784.852.000 -23.24%
2021 2.212.471.000 19.33%
2022 1.562.841.000 -41.57%
2023 1.546.806.000 -1.04%

Min Aik Technology Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
19.13
Net Income per Share
-1.86
Price to Earning Ratio
-11.45x
Price To Sales Ratio
1.18x
POCF Ratio
8.86
PFCF Ratio
23.72
Price to Book Ratio
1.05
EV to Sales
1.21
EV Over EBITDA
-30.46
EV to Operating CashFlow
9.61
EV to FreeCashFlow
24.36
Earnings Yield
-0.09
FreeCashFlow Yield
0.04
Market Cap
2,93 Bil.
Enterprise Value
3,01 Bil.
Graham Number
29.09
Graham NetNet
0.59

Income Statement Metrics

Net Income per Share
-1.86
Income Quality
-1.13
ROE
-0.09
Return On Assets
-0.05
Return On Capital Employed
-0.05
Net Income per EBT
1.06
EBT Per Ebit
1.45
Ebit per Revenue
-0.06
Effective Tax Rate
-0.1

Margins

Sales, General, & Administrative to Revenue
0.09
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.08
Operating Profit Margin
-0.06
Pretax Profit Margin
-0.08
Net Profit Margin
-0.08

Dividends

Dividend Yield
0.01
Dividend Yield %
1.41
Payout Ratio
0
Dividend Per Share
0.3

Operating Metrics

Operating Cashflow per Share
2.4
Free CashFlow per Share
0.95
Capex to Operating CashFlow
-0.61
Capex to Revenue
-0.08
Capex to Depreciation
-1.24
Return on Invested Capital
-0.07
Return on Tangible Assets
-0.06
Days Sales Outstanding
115.13
Days Payables Outstanding
64.84
Days of Inventory on Hand
131.4
Receivables Turnover
3.17
Payables Turnover
5.63
Inventory Turnover
2.78
Capex per Share
-1.46

Balance Sheet

Cash per Share
4,68
Book Value per Share
20,21
Tangible Book Value per Share
20.27
Shareholders Equity per Share
20.21
Interest Debt per Share
5.39
Debt to Equity
0.26
Debt to Assets
0.16
Net Debt to EBITDA
-0.8
Current Ratio
1.88
Tangible Asset Value
2,64 Bil.
Net Current Asset Value
0,78 Bil.
Invested Capital
0.26
Working Capital
1,09 Bil.
Intangibles to Total Assets
0
Average Receivables
0,76 Bil.
Average Payables
0,39 Bil.
Average Inventory
930104500
Debt to Market Cap
0.24

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.

Min Aik Technology Co., Ltd. Dividends
Year Dividends Growth
2003 1
2004 2 100%
2005 3 50%
2006 3 0%
2007 3 0%
2008 3 0%
2009 2 -100%
2010 2 50%
2011 4 50%
2012 4 -33.33%
2013 4 25%
2014 2 -100%
2015 2 0%
2016 4 33.33%
2017 1 -200%
2018 1 0%
2022 1 100%
2023 0 0%

Min Aik Technology Co., Ltd. Profile

About Min Aik Technology Co., Ltd.

Min Aik Technology Co., Ltd. designs, manufactures, and sells ultra-clean and precision components for the hard disk drive industry in Taiwan and internationally. It provides clean room assembly, tooling design fabrication, sheet metal precision stamping tumbling plating, plastic injection molding, and automation equipment customization solutions, as well as chemical lab and quality system facilities. The company also offers information security services; strategic integration services to companies in the computer, networking, communications, consumer, and medical industries; and measurement and analysis services. In addition, it provides OEM/ODM products comprising voice coil actuator assembly, consumer electronics, bamboo-based bioplastic, hard disk components, precision parts, and magnet related products. The company was incorporated in 1979 and is headquartered in Taoyuan City, Taiwan.

CEO
Jin Xing Xie
Employee
1.254
Address
No. 492-1, Wan Shou Road
Taoyuan City, 333

Min Aik Technology Co., Ltd. Executives & BODs

Min Aik Technology Co., Ltd. Executives & BODs
# Name Age
1 Jin Xing Xie
Chairman & Chief Executive Officer
70
2 Nelson Sun
Director of Financial Management Division
70
3 Scott Yang
Chief Operating Officer
70
4 Tony Wu
Managing Director of Malaysia Plant
70
5 Mego Wang
Managing Director of China Plant
70

Min Aik Technology Co., Ltd. Competitors