` 3481 (Innolux Corp) vs Taiwan Weighted Index Comparison - Alpha Spread

3481
vs
T
Taiwan Weighted Index

Over the past 12 months, Innolux Corp has outperformed Taiwan Weighted Index, delivering a return of +59% compared to the Taiwan Weighted Index's +49% growth.

Stocks Performance
3481 vs Taiwan Weighted Index

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3481
Taiwan Weighted Index
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Performance Gap
3481 vs Taiwan Weighted Index

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3481
Taiwan Weighted Index
Difference
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Performance By Year
3481 vs Taiwan Weighted Index

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Competitors Performance
Innolux Corp vs Peers

Taiwan Weighted Index
3481
CVEO
FPI
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Innolux Corp
Glance View

Market Cap
196.5B TWD
Industry
Electrical Equipment

Nestled within the vibrant world of display technology, Innolux Corporation stands as a formidable player in the global market. Founded in 2003 and based in Taiwan, Innolux has meticulously carved a niche for itself in the competitive landscape of flat-panel displays. The company is renowned for its expertise in the production of TFT-LCD panels, which are vital components in a plethora of electronic devices ranging from televisions and monitors to smartphones and automotive displays. Innolux’s origin story is one of strategic prowess, marked by its merger with fellow industry titan, Chi Mei Optoelectronics. This union added substantial breadth and depth to Innolux's technological capabilities and production capacity, firmly anchoring its status as a leading force in display panel manufacturing. The financial backbone of Innolux lies in its vertically integrated operations that span the entire spectrum of display manufacturing—from raw material processing and assembly to sophisticated research and development. By maintaining control over these integrated processes, Innolux not only ensures cost efficiencies but also delivers high-quality products tailored to the fast-evolving demands of the consumer electronics market. Revenue flows primarily from long-term contracts with some of the most prominent global brands, who depend on Innolux's cutting-edge technology and reliable supply chains. As the world embraces the next generations of display innovations, such as OLED and other emerging technologies, Innolux continues to be a pivotal figure, navigating these advancements with its seasoned expertise and commitment to innovation.

Intrinsic Value
14.65 TWD
Overvaluation 40%
Intrinsic Value
Price NT$24.6
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