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Ennostar Inc
TWSE:3714

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Ennostar Inc
TWSE:3714
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Price: 52 TWD -9.25% Market Closed
Market Cap: NT$38.4B

Ennostar Inc
Investor Relations

Ennostar, Inc. engages in the technology research, development and manufacturing of compound semiconductors. The company is headquartered in Hsinchu, Hsinchu. The company went IPO on 2021-01-06. Through investment and holding subsidiaries, the Company is mainly engaged in the research, development, manufacture and sale of ultra-high brightness light emitting diode (LED) epitaxial wafers and chips, and the manufacture and sale of optoelectronic semiconductors. The main products include High brightness aluminum gallium indium phosphide LED epi wafers and chips, indium gallium nitride Epi Wafers and Chips, infrared aluminum gallium arsenide epitaxy wafers and chips, light-emitting diode packages and molds group, LED lighting and its components and applications. The products are mainly used in LCD backlight industry, lighting industry, automotive lighting industry, sensing industry. The firm's products are mainly sold to domestic region, Asia and other regions.

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3714
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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Revenue: Q3 net revenue was TWD 5.6 billion, down 2.4% QoQ and 16.3% YoY.

Profitability: Operating margin was negative 15.3% and net profit margin was negative 10.9%; loss per share was TWD 0.83 (loss attributable to parent ~TWD 613 million).

Cash: Cash on hand TWD 14.3 billion and net cash after loans about TWD 13.8 billion; ended the quarter with TWD 14.33 billion balance.

Seasonality & demand: Management said a weaker-than-normal peak season and macro/tariff uncertainty drove conservative customer restocking and softer demand across segments.

Cost actions & restructuring: Company is cutting OpEx, liquidating noncore subsidiaries (realized ~TWD 70 million gain) and accelerating integration (Lextar into ENNOSTAR Inc.) to reallocate resources.

Segment outlooks: Mixed Q4 outlook — sensing expected to fall double-digit QoQ but grow double-digit YoY; special lighting and TV backlight to decline double-digit; IT and automotive show near double-digit opportunities.

Technology roadmap: Micro LED pilot production underway with mass-production prep for next year; silicon photonics collaborations could reach mass production as early as 2027.

Key Financials
Net revenue
TWD 5.6 billion
Operating margin
negative 15.3%
Gross margin
declined by 1.2% vs Q2
Net non-operating income
TWD 250 million
Net profit margin
negative 10.9%
Loss per share
TWD 0.83
Loss attributable to parent company
TWD 613 million
Cash
TWD 14.3 billion
Net cash after bank loans
about TWD 13.8 billion
Inventories (change)
decreased by TWD 100 million QoQ
Inventory turnover
78 days
CapEx (Q3)
TWD 243 million
Net change in loans
TWD 488 million
Ending balance
TWD 14.33 billion
Sensing revenue (Q4 outlook)
expected to decline by double-digit percentage points QoQ; expected double-digit percentage growth YoY
Special lighting revenue (Q4 outlook)
expected double-digit percentage points slide QoQ and YoY
Display revenue (Q4 outlook)
Q4 expected flat or slightly down QoQ; expected decline by single-digit percentage points YoY
TV backlight (Q4 outlook)
expected double-digit decline
IT backlight (Q4 outlook)
chance for nearly double-digit growth in Q4
Automotive (Q4 outlook)
opportunity for nearly double-digit percentage point growth in Q4
Micro LED
several products in pilot production; expecting more substantial revenue contribution starting next year
Silicon photonics
collaborations ongoing; one of the fastest projects may be ready for mass production as early as 2027
Other Earnings Calls
2024

Management

Mr. Shuang-Lang Peng
Chairman of the Board & President
No Bio Available
Dr. Feng Cheng Su
Chief Strategy Officer & Executive Deputy GM
No Bio Available
Hsing-Chia Liu
CFO & Corporate Governance Officer
No Bio Available
Ya-Chi Chen
Accounting Officer
No Bio Available
Wendy Tseng
Chief Internal Auditor
No Bio Available
Cun-Zhong Li
Deputy General Manager
No Bio Available
Hung-Ching Chao
Chief Information Security Officer & Senior Director of Information Center
No Bio Available

Contacts

Address
HSINCHU
Hsinchu
7F-5, No.1, Section 3, Gongdao 5th Road, East District
Contacts
+88635679000
www.ennostar.com
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