Innolux Corporation Logo

Innolux Corporation

3481.TW

(1.8)
Stock Price

15,30 TWD

-2.37% ROA

-3.51% ROE

-15.41x PER

Market Cap.

124.967.256.956,00 TWD

16.46% DER

7.67% Yield

-3.71% NPM

Innolux Corporation Stock Analysis

Innolux Corporation 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.

Innolux Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.52x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (31%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

5 ROE

Negative ROE (-15.42%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (-10.07%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

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

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, 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

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

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-479), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Innolux Corporation 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.

Innolux Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Sell
4 Stoch RSI Buy

Innolux Corporation 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.

Innolux Corporation Revenue
Year Revenue Growth
2006 105.678.993.000
2007 157.171.368.000 32.76%
2008 160.653.305.000 2.17%
2009 164.726.209.000 2.47%
2010 493.084.954.000 66.59%
2011 510.081.200.000 3.33%
2012 483.609.931.000 -5.47%
2013 422.730.500.000 -14.4%
2014 428.661.898.000 1.38%
2015 364.132.984.000 -17.72%
2016 287.089.277.000 -26.84%
2017 329.174.401.000 12.79%
2018 279.376.115.000 -17.82%
2019 251.971.209.000 -10.88%
2020 269.911.051.000 6.65%
2021 350.076.690.000 22.9%
2022 223.715.758.000 -56.48%
2023 230.614.672.000 2.99%
2023 211.740.557.000 -8.91%
2024 227.442.740.000 6.9%

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.

Innolux Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 1.667.541.000
2007 1.780.393.000 6.34%
2008 2.031.956.000 12.38%
2009 2.345.891.000 13.38%
2010 9.077.951.000 74.16%
2011 10.360.590.000 12.38%
2012 12.080.435.000 14.24%
2013 12.265.650.000 1.51%
2014 12.177.083.000 -0.73%
2015 14.404.490.000 15.46%
2016 11.132.079.000 -29.4%
2017 12.916.721.000 13.82%
2018 12.135.478.000 -6.44%
2019 12.464.800.000 2.64%
2020 12.149.513.000 -2.6%
2021 15.044.650.000 19.24%
2022 13.045.403.000 -15.33%
2023 12.693.672.000 -2.77%
2023 12.011.556.000 -5.68%
2024 11.673.008.000 -2.9%

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.

Innolux Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 933.619.000
2007 1.297.386.000 28.04%
2008 1.392.133.000 6.81%
2009 1.538.494.000 9.51%
2010 7.744.429.000 80.13%
2011 9.433.009.000 17.9%
2012 8.447.616.000 -11.66%
2013 7.169.974.000 -17.82%
2014 6.810.443.000 -5.28%
2015 6.600.082.000 -3.19%
2016 6.241.602.000 -5.74%
2017 6.857.153.000 8.98%
2018 6.771.502.000 -1.26%
2019 6.806.373.000 0.51%
2020 6.488.472.000 -4.9%
2021 8.323.993.000 22.05%
2022 8.148.430.000 -2.15%
2023 7.353.996.000 -10.8%
2023 7.287.108.000 -0.92%
2024 7.393.000.000 1.43%

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.

Innolux Corporation EBITDA
Year EBITDA Growth
2006 11.291.156.000
2007 27.048.032.000 58.26%
2008 17.114.664.000 -58.04%
2009 8.589.513.000 -99.25%
2010 68.833.048.000 87.52%
2011 31.109.437.000 -121.26%
2012 68.115.474.000 54.33%
2013 88.598.021.000 23.12%
2014 86.743.243.000 -2.14%
2015 69.845.447.000 -24.19%
2016 47.304.180.000 -47.65%
2017 83.235.737.000 43.17%
2018 43.014.528.000 -93.51%
2019 19.636.256.000 -119.06%
2020 39.151.750.000 49.85%
2021 99.688.783.000 60.73%
2022 7.150.992.000 -1294.06%
2023 27.259.016.000 73.77%
2023 12.036.646.000 -126.47%
2024 32.823.540.000 63.33%

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.

Innolux Corporation Gross Profit
Year Gross Profit Growth
2006 8.784.988.000
2007 22.374.120.000 60.74%
2008 12.165.016.000 -83.92%
2009 4.217.360.000 -188.45%
2010 21.621.735.000 80.49%
2011 -35.208.648.000 161.41%
2012 4.737.345.000 843.21%
2013 37.759.115.000 87.45%
2014 50.385.001.000 25.06%
2015 46.640.105.000 -8.03%
2016 26.088.491.000 -78.78%
2017 68.738.677.000 62.05%
2018 26.813.558.000 -156.36%
2019 3.014.080.000 -789.61%
2020 23.833.098.000 87.35%
2021 91.499.680.000 73.95%
2022 -6.905.772.000 1424.97%
2023 16.575.260.000 141.66%
2023 3.021.841.000 -448.52%
2024 22.744.852.000 86.71%

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.

Innolux Corporation Net Profit
Year Net Profit Growth
2006 2.825.251.000
2007 16.146.840.000 82.5%
2008 4.850.950.000 -232.86%
2009 -2.397.073.000 302.37%
2010 -14.835.437.000 83.84%
2011 -64.439.778.000 76.98%
2012 -29.205.349.000 -120.64%
2013 5.102.568.000 672.37%
2014 21.676.759.000 76.46%
2015 10.815.594.000 -100.42%
2016 1.870.687.000 -478.16%
2017 37.028.609.000 94.95%
2018 2.222.762.000 -1565.88%
2019 -17.440.272.000 112.74%
2020 1.636.144.000 1165.94%
2021 57.534.461.000 97.16%
2022 -27.914.776.000 306.11%
2023 -7.593.756.000 -267.6%
2023 -18.642.539.000 59.27%
2024 4.522.616.000 512.21%

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.

Innolux Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 6 83.33%
2008 2 -500%
2009 -1 0%
2010 -2 100%
2011 -10 77.78%
2012 -4 -125%
2013 1 0%
2014 3 100%
2015 1 -100%
2016 0 0%
2017 4 100%
2018 0 0%
2019 -2 100%
2020 0 0%
2021 6 100%
2022 -3 400%
2023 -1 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.

Innolux Corporation Free Cashflow
Year Free Cashflow Growth
2006 864.003.000
2007 14.447.884.000 94.02%
2008 -1.472.542.000 1081.15%
2009 -28.778.024.000 94.88%
2010 -17.843.783.000 -61.28%
2011 -17.823.895.000 -0.11%
2012 26.664.089.000 166.85%
2013 57.361.035.000 53.52%
2014 83.667.345.000 31.44%
2015 56.536.411.000 -47.99%
2016 -10.775.847.000 624.66%
2017 57.298.193.000 118.81%
2018 5.804.238.000 -887.18%
2019 -11.019.072.000 152.67%
2020 1.704.709.000 746.39%
2021 73.591.434.000 97.68%
2022 -23.037.261.000 419.45%
2023 -10.311.150.000 -123.42%
2023 -6.221.306.000 -65.74%
2024 2.063.690.000 401.47%

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.

Innolux Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 10.237.169.000
2007 18.866.328.000 45.74%
2008 18.536.881.000 -1.78%
2009 11.015.240.000 -68.28%
2010 78.116.238.000 85.9%
2011 28.138.847.000 -177.61%
2012 43.507.820.000 35.32%
2013 75.889.159.000 42.67%
2014 104.212.037.000 27.18%
2015 81.064.293.000 -28.55%
2016 33.399.247.000 -142.71%
2017 82.642.659.000 59.59%
2018 52.579.619.000 -57.18%
2019 13.835.382.000 -280.04%
2020 22.404.153.000 38.25%
2021 101.752.198.000 77.98%
2022 -1.983.093.000 5230.98%
2023 11.040.793.000 117.96%
2023 -890.955.000 1339.21%
2024 5.845.608.000 115.24%

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.

Innolux Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 9.373.166.000
2007 4.418.444.000 -112.14%
2008 20.009.423.000 77.92%
2009 39.793.264.000 49.72%
2010 95.960.021.000 58.53%
2011 45.962.742.000 -108.78%
2012 16.843.731.000 -172.88%
2013 18.528.124.000 9.09%
2014 20.544.692.000 9.82%
2015 24.527.882.000 16.24%
2016 44.175.094.000 44.48%
2017 25.344.466.000 -74.3%
2018 46.775.381.000 45.82%
2019 24.854.454.000 -88.2%
2020 20.699.444.000 -20.07%
2021 28.160.764.000 26.5%
2022 21.054.168.000 -33.75%
2023 21.351.943.000 1.39%
2023 5.330.351.000 -300.57%
2024 3.781.918.000 -40.94%

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.

Innolux Corporation Equity
Year Equity Growth
2006 35.852.084.000
2007 95.302.339.000 62.38%
2008 96.424.330.000 1.16%
2009 94.689.799.000 -1.83%
2010 262.917.550.000 63.98%
2011 198.667.943.000 -32.34%
2012 172.441.946.000 -15.21%
2013 194.577.854.000 11.38%
2014 229.171.436.000 15.1%
2015 232.264.723.000 1.33%
2016 226.006.363.000 -2.77%
2017 264.325.048.000 14.5%
2018 254.990.705.000 -3.66%
2019 232.110.029.000 -9.86%
2020 237.567.046.000 2.3%
2021 304.796.931.000 22.06%
2022 252.994.720.000 -20.48%
2023 228.885.261.000 -10.53%
2023 234.561.004.000 2.42%
2024 234.275.591.000 -0.12%

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.

Innolux Corporation Assets
Year Assets Growth
2006 91.447.771.000
2007 147.695.385.000 38.08%
2008 159.185.312.000 7.22%
2009 180.566.358.000 11.84%
2010 711.395.681.000 74.62%
2011 683.665.076.000 -4.06%
2012 570.858.240.000 -19.76%
2013 508.200.885.000 -12.33%
2014 482.516.555.000 -5.32%
2015 387.442.336.000 -24.54%
2016 371.479.548.000 -4.3%
2017 414.858.758.000 10.46%
2018 411.919.604.000 -0.71%
2019 369.764.346.000 -11.4%
2020 379.559.837.000 2.58%
2021 467.519.590.000 18.81%
2022 383.741.496.000 -21.83%
2023 357.530.442.000 -7.33%
2023 395.944.948.000 9.7%
2024 360.098.278.000 -9.95%

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.

Innolux Corporation Liabilities
Year Liabilities Growth
2006 55.595.687.000
2007 52.393.046.000 -6.11%
2008 62.760.982.000 16.52%
2009 85.876.559.000 26.92%
2010 448.478.131.000 80.85%
2011 484.997.133.000 7.53%
2012 398.416.294.000 -21.73%
2013 313.623.031.000 -27.04%
2014 253.345.119.000 -23.79%
2015 155.177.613.000 -63.26%
2016 145.473.185.000 -6.67%
2017 150.533.710.000 3.36%
2018 156.928.899.000 4.08%
2019 137.654.317.000 -14%
2020 141.992.791.000 3.06%
2021 162.722.659.000 12.74%
2022 130.746.776.000 -24.46%
2023 128.645.181.000 -1.63%
2023 161.383.944.000 20.29%
2024 125.822.687.000 -28.26%

Innolux Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
27.35
Net Income per Share
-1.02
Price to Earning Ratio
-15.41x
Price To Sales Ratio
0.57x
POCF Ratio
10.03
PFCF Ratio
-21.26
Price to Book Ratio
0.54
EV to Sales
0.53
EV Over EBITDA
4.78
EV to Operating CashFlow
9.28
EV to FreeCashFlow
-19.68
Earnings Yield
-0.06
FreeCashFlow Yield
-0.05
Market Cap
124,97 Bil.
Enterprise Value
115,67 Bil.
Graham Number
25.81
Graham NetNet
-2.55

Income Statement Metrics

Net Income per Share
-1.02
Income Quality
-1.65
ROE
-0.04
Return On Assets
-0.02
Return On Capital Employed
-0.03
Net Income per EBT
1.24
EBT Per Ebit
0.96
Ebit per Revenue
-0.03
Effective Tax Rate
-0.23

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.06
Operating Profit Margin
-0.03
Pretax Profit Margin
-0.03
Net Profit Margin
-0.04

Dividends

Dividend Yield
0.08
Dividend Yield %
7.67
Payout Ratio
0
Dividend Per Share
1.2

Operating Metrics

Operating Cashflow per Share
1.56
Free CashFlow per Share
-0.74
Capex to Operating CashFlow
1.47
Capex to Revenue
0.08
Capex to Depreciation
0.59
Return on Invested Capital
-0.03
Return on Tangible Assets
-0.02
Days Sales Outstanding
61.52
Days Payables Outstanding
74.64
Days of Inventory on Hand
68.51
Receivables Turnover
5.93
Payables Turnover
4.89
Inventory Turnover
5.33
Capex per Share
2.3

Balance Sheet

Cash per Share
7,35
Book Value per Share
29,34
Tangible Book Value per Share
27.15
Shareholders Equity per Share
29.16
Interest Debt per Share
4.99
Debt to Equity
0.16
Debt to Assets
0.11
Net Debt to EBITDA
-0.38
Current Ratio
1.55
Tangible Asset Value
216,77 Bil.
Net Current Asset Value
12,18 Bil.
Invested Capital
214023835000
Working Capital
48,97 Bil.
Intangibles to Total Assets
0.05
Average Receivables
34,68 Bil.
Average Payables
40,48 Bil.
Average Inventory
37618380000
Debt to Market Cap
0.31

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.

Innolux Corporation Dividends
Year Dividends Growth
2007 0
2008 1 100%
2009 0 0%
2014 0 0%
2015 1 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 2 100%
2023 1 0%
2024 1 100%

Innolux Corporation Profile

About Innolux Corporation

Innolux Corporation, together with its subsidiaries, researches, designs, develops, manufactures, and sells TFT-LCD panels, LCD modules, and monitors of liquid crystal displays (LCD), color filters, and low temperature poly-silicon thin film transistor TFT-LCDs. The company offers panels for LCD TV, PID, monitor, notebook, industrial display, medical, automotive display, tablet display, smart phone/ mobile, and consumer electronics applications, as well as display technologies for LCD and non- LCD products. In addition, it provides display integration solutions, including 8K4K ultra-high resolution, AM miniLED, AM microLED, LTPS, and touch solutions. Further, the company is involved in the research, development, testing, and maintenance activities, as well as distribution, and general investment business. It operates in Taiwan, China, Hong Kong, the United States, Singapore, Europe, and internationally. The company was formerly known as Chimei Innolux Corporation and changed its name to Innolux Corporation in December 2012. Innolux Corporation was incorporated in 2003 and is headquartered in Hsinchu City, Taiwan.

CEO
Mr. Jin-Yang Hung
Employee
44.813
Address
No.160, Kesyue Road
Hsinchu City, 35053

Innolux Corporation Executives & BODs

Innolux Corporation Executives & BODs
# Name Age
1 Mr. Jun-Yi Yu
Vice President, Corporate Governance Officer & Company Secretary
70
2 Mr. Jin-Yang Hung
Chairman & Chief Executive Officer
70
3 Mr. Chu-Hsiang Yang
President, Chief Operating Officer, GM & Representative Director
70
4 Mr. Tai-Chi Pan
Vice President
70
5 Mr. Wei-Cheng Chiu
Financial Officer
70
6 Mr. Chao-Hsien Liu
Director of Finance & Investment Management Division
70
7 Ms. Rou-Li Cheng
Accounting Officer
70
8 Li-wei Hsu
Investor Relations Department Manager
70
9 Mr. Jinglong Ding
Executive Vice President
70

Innolux Corporation Competitors