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Shuztung's business this year will start slow and steady before picking up speed, similar to the idea of "squatting before jumping".
06 Feb, 2023Shuztung (4537), a manufacturer of process equipment for the over-the-counter market, saw a revenue growth of over 30% last year, mainly driven by the increase in shipments of panel and semiconductor equipment. Looking ahead to 2023, semiconductor, panel, and bicycle process equipment will be the three main supports for performance, and the operation will follow a "squatting before jumping" trend.
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Shuztung's revenue growth in 2022 is expected to exceed 30%, boosted by strong sales in both the semiconductor and panel industries.
10 Jan, 2023Equipment manufacturer Shuztung Machinery (4537) reported a December revenue of 364 million NT dollars, a monthly increase of 157.03% and a year-on-year growth of 116.94%. The full-year revenue for 2022 is expected to be 2.684 billion NT dollars, a year-on-year growth of 32.45%. Xutong said that the key factor behind the December revenue growth was the strong sales in both panel and semiconductor equipment, which also drove the overall revenue growth by 30% for the year.
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Shuztung's revenue in October increased by 145% year-on-year, driven by stable shipments of bicycle and panel equipment.
09 Nov, 2022Shuztung (4537) reported revenue of 250 million NT dollars in October, a year-on-year increase of 144.97%. The cumulative revenue for the first 10 months was 2.178 billion NT dollars, a year-on-year increase of 129.18%. The October revenue was mainly driven by steady shipments of bicycle and panel equipment, and continued focus on semiconductor equipment.
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The shipment of bicycle equipment has increased, leading to Shuztung's revenue in the first three quarters reaching 1.9 billion NT dollars, with a year-on-year growth of over 20%.
11 Oct, 2022Benefiting from the strong shipment of bicycle-related equipment, Shuztung achieved a revenue of 266 million NT dollars in September, with a year-on-year growth rate of 32.59%. Its revenue in the first three quarters was 1.928 billion NT dollars, with a year-on-year growth rate of 21.73%. Shuztung is oriented towards automated equipment and has developed a one-stop production line for hydraulic fittings and laser cutting, providing a complete material preparation system for the post-welding process. As a result, it has become one of the beneficiaries of the expansion of the E-bike supply chain.
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The global bicycle fever is on! This has helped Shuztung achieve robust shipments and a year-on-year revenue growth of 32% in September.
08 Oct, 2022Shuztung (4537), a major manufacturer of critical process equipment, reported a September revenue of 266 million NT dollars, representing a YoY growth of 32.59%. The accumulated revenue for the first nine months of the year was 1.928 billion NT dollars, up 21.73% YoY. Shuztung attributed the strong revenue growth in September to buoyant shipments of bicycle-related equipment, which contributed to maintaining the company's growth performance YoY.
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Intelligent automation and metrology, Shuztung's equipment is highly trusted.
14 Sep, 2022Equipment manufacturer Shuztung showcased its semiconductor smart equipment blueprint at the SEMICON Taiwan 2022 international semiconductor exhibition this year, including semiconductor smart automation and inspection equipment and a smart medical digital slide scanner. Among them, the 8-inch/12-inch wafer box automation packaging/unpacking equipment has the highest market share among equipment suppliers. The research and development capabilities have extended to various types of chip carriers such as Tray, Reel, HWS, etc., providing more comprehensive and efficient customized services to meet customer needs.
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OES: Semiconductor equipment shipments increase, Shuztung's revenue for the first 8 months is NT$1.66 billion, up 20.15% YoY
13 Sep, 2022Shuztung, a major manufacturer of key semiconductor process equipment, recorded revenue of NT$341 million in August, representing a monthly growth rate of 158.94% and year-on-year growth rate of 226.56%. Its accumulated revenue for the first 8 months was NT$1.662 billion, with a YoY growth rate of 20.15%, driven by the increase in semiconductor equipment shipments. SEMICON Taiwan 2022 International Semiconductor Exhibition will be held on the 14th, and the company will participate to showcase its blueprint for smart semiconductor equipment.
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Shuztung achieved a gross profit margin of 39% and EPS of 2.23 dollars in the first half of the year.
12 Aug, 2022Shuztung has released its half-year report, with revenue of NT$1.172 billion, the same as last year. The gross profit margin was 39.58%, and the net profit after tax was NT$176 million, with earnings per share of NT$2.23, up 78.4% from the same period last year. Shuztung stated that its performance in April and May was affected by China's export control measures, but its three main businesses - bicycles, panels, and semiconductor equipment - remained stable, with semiconductor equipment showing even stronger growth than the average.
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In the first half of the year, Shuztung reported an earnings per share of 2.23 dollars, a 78.4% increase from the same period last year.
08 Aug, 2022Equipment manufacturer Shuztung released its half-year financial report, reporting a combined revenue of NT$1.172 billion in the first half of the year, a 0.11% decrease year-on-year. The gross profit margin was 39.58%, with an operating profit of NT$53 million and a net profit of NT$176 million after taxes. The earnings per share were approximately NT$2.23, a growth of 78.4% compared to the same period last year. Despite the impact of China's export control measures in April and May, Shuztung reported stable revenue in its three major businesses: bicycles, panels, and semiconductor equipment. Its semiconductor equipment business performed particularly well, with growth outpacing the industry average. Additionally, exchange rate gains contributed to the increase in net profit.
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Full resumption of production at Kunshan plant boosts Shuztung's revenue.
09 Jul, 2022Key process equipment manufacturer – Shuztung reported a revenue of NT$445 million in June, a monthly increase of 163.74% and a year-on-year increase of 108.25%. Shuztung attributed the significant growth in revenue to the resumption of normal production at its Kunshan plant and the successful shipment of panel-related equipment. Despite the impact of China's export control policy, some products scheduled for shipment in April and May were postponed until June, and customer demand for Shuztung's panel equipment remained strong, resulting in better-than-expected business performance.
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Shuztung's first quarter operations remain stable with a positive outlook for the entire year.
11 Apr, 2022Key process equipment manufacturer - Shuztung(4537) announced that its March revenue was NT$127 million, a monthly decrease of 0.54% and a year-on-year decrease of 44.04%. The first quarter revenue was NT$465 million, a year-on-year decrease of 1.92%. Shuztung stated that the decline in March revenue compared to the same period last year was mainly due to the impact of the pandemic and adjustment of vendor shipments.
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Shuztung's Kunshan plant to commence operations in Q2
01 Mar, 2022In response to customer demand from the panel, bicycle, and semiconductor industries, equipment manufacturer Shuztung has expanded its factory buildings in Kunshan, China and Taichung, Taiwan in the past two years. The Kunshan plant has already been topped off and is expected to be completed in the first quarter of 2022 and put into use in the second quarter. With the capacity of the Kunshan plant coming online, along with the demand for panel automation and bicycle customers, Shuztung expects its performance to continue to grow in 2022, and its operating outlook is optimistic.
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