Taiwan · Delayed Price · Currency is TWD Primax Electronics Earnings Call Transcripts
Fiscal Year 2026
-
Q2 revenue declined 5.1% YoY due to NTD appreciation, but gross margin hit a record 17.5% and EPS remained stable. Auto and AIoT segments showed strong growth, and annual revenue is expected to surpass last year if FX rates hold.
-
2025 revenue grew 3.3% YoY to NTD 60.181 billion, with record gross margin and strong AIoT and automotive momentum. Q4 saw asset impairments, but annual EPS was the second highest ever. 2026 outlook is positive for AIoT and Smart Lifestyle, while Information Products may face headwinds.
-
Q1 revenue and EPS hit record highs, driven by strong PC, IoT, and professional audio demand. Gross and operating margins improved, with Automotive AIoT segment growth offsetting declines in smart lifestyle products. Dividend payout ratio set at 75% or higher.
-
Q1 2024 saw revenue of TWD 13.65B, down 7% YOY, but gross margin rose to 15.9% and EPS hit a Q1 record. Outlook for Q2 expects lower revenue but improved margins, with AIoT and information products driving growth. Dividend payout ratio reached a record 73%.
-
Q3 2024 delivered record gross profit and margin, with revenue up 4.2% QoQ and 1.8% YoY. Outlook for Q4 is cautious, expecting a double-digit revenue decline, but 2025 targets near double-digit growth, led by auto and AIoT segments.