The 7 Best Bargain Stocks to Buy for May 2023
- Although the Federal Reserve aggressively targeted inflation since last year, consumer prices remain stubbornly high, thus incentivizing the case for the best bargain stocks to buy this month. Let's face it – everybody appreciates a good discount.
- 05/04/2023
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CORRECTING and REPLACING Deswell Announces First Half 2023 Results
- MACAO--( BUSINESS WIRE )--Please replace the release dated November 17, 2022 with the following corrected version due to revisions to the first, third, and fourth paragraphs to update mentions of fiscal 2022 to fiscal 2023.
- 11/18/2022
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7 Millionaire-Maker Stocks You Will Regret Not Buying This Year
- Although the concept of millionaire-maker stocks will always attract attention, at the moment, investors must realize the rules have changed. Fundamentally, the Federal Reserve remains committed to attacking the inflation crisis through hiking the benchmark interest rate.
- 11/17/2022
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Deswell Announces First Half 2023 Results
- MACAO--( BUSINESS WIRE )--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the first six months of fiscal 2022, ended September 30, 2022.
- 11/17/2022
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Deswell Announces Filing and Availability of Annual Report on Form 20-F
- MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced that the Company has filed its Annual Report on Form 20-F, which includes its audited financial statements for its fiscal year ended March 31, 2022, with the United States Securities and Exchange Commission (“SEC”). The Company’s Annual Report is available on the SEC's website at http://www.sec.gov. The Company will deliver a paper copy of its fiscal 2022 Annual Report on Form 20-F, including its complete audited financial statements, free of charge, to any shareholder within a reasonable time after request. To obtain a paper copy of Deswell's fiscal 2022 Annual Report on Form 20-F, written request should be made to Deswell Industries, Inc., 10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macau, Special Administrative Region, PRC. About Deswell Deswell manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers (“OEMs”) and contract manufacturers at its factories in the People’s Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount (“SMT”) and finished products such as telephones, professional audio equipment, home audio products, and Internet-of-Things (IoT) products. To learn more about Deswell Industries, Inc., please visit the Company’s web site at www.deswell.com.
- 07/28/2022
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Deswell Announces Second Half 2022 Results
- MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the second half of the fiscal year ended March 31, 2022. Net sales for the six months ended March 31, 2022 were $45.7 million, an increase of 22.9% compared to net sales of $37.2 million for the six months ended March 31, 2021. Net sales increased by 16.3% to $12.9 million in the plastic segment and by 25.7% to $32.8 million in the Company’s electronic segment. Total gross margin decreased to 16.5% during the six months ended March 31, 2022, as compared to 20.4% in the same period last year. Gross profit margin in the plastic segment decreased to 19.2% of net sales for the second half of fiscal 2022, as compared to 26.0% of net sales for the corresponding period of the last fiscal year. For the electronic segment, gross profit margin decreased from 17.9% in the second half of fiscal 2021 to 15.4% in the second half of fiscal 2022. The decrease in the gross profit margin in both the plastic and electronic segments is mainly attributable to increase in raw materials costs, such as plastic resins and semiconductor chips, respectively, as a result of the continuing shortage in supply and pricing volatility, as well as surging demand in the automotive industry for these primary materials, which resulted in the increased cost of semi-conductor chips. Operating income for the second half of fiscal 2022 decreased from $2.3 million in the second half of fiscal 2021 to $1.7 million in the second half of fiscal 2022. The Company reported net income of $4.1 million for the six months ended March 31, 2022, as compared to net income of $6.7 million for the six months ended March 31, 2021. Non-operating income for the six months ended March 31, 2022 was $2.0 million, as compared to a non-operating income of $4.6 million in the six months ended March 31, 2021. Non-operating income during the six months ended March 31, 2022 was primarily comprised of unrealized gain in marketable securities of $27,000, $1,027,000 from rental income, $454,000 of dividend income from securities investments, and realized gain of $419,000 from the sale of marketable securities, as compared to an unrealized gain in marketable securities of $2,538,000, rental income of $1,214,000, dividend income of $482,000 from securities investments and realized gain of $279,000 from the sale of marketable securities in the second half of fiscal 2021. Deswell reported basic and diluted income per share of $0.25 for the second half of fiscal 2022 (based on 15,935,000 and 16,038,000 weighted average shares outstanding, respectively), as compared to basic and diluted income per share of $0.42 (based on 15,915,000 and 15,995,000 weighted average shares outstanding), for the six months ended March 31, 2021. Net sales for the year ended March 31, 2022 were $85.5 million, an increase of 31.8% compared to net sales of $64.9 million for fiscal 2021. Operating income for the year ended March 31, 2022 decreased to $2.9 million, as compared to operating income of $3.3 million for fiscal 2021. The Company reported net income of $8.4 million in fiscal 2022, as compared to net income of $8.2 million for the year ended March 31, 2021. The increase in net income was mainly attributed to the increase of sales, offsetting by the decrease in gross profit margin due to increased raw materials cost in fiscal 2022. Deswell reported basic and diluted net income per share of $0.52 for fiscal 2022, (based on 15,929,000 and 16,137,000 weighted average shares outstanding, respectively), as compared to basic net income per share of $0.52 and diluted net income per share of $0.51 (based on 15,915,000 and 16,047,000 weighted average shares outstanding), for the prior fiscal year. The Company's financial position remained strong, with $13.5 million in cash and cash equivalents and working capital totaling $64.0 million as of March 31, 2022. Furthermore, the Company has no long-term or short-term borrowings as of March 31, 2022. Mr. Edward So, Chief Executive Officer, commented, “We concluded fiscal year 2022 with strong revenue growth during the second half, reflecting significantly improved sales in both the plastics and the electronics segments. Sales growth in the plastics business was largely driven by increased orders from a new customer for robotic mops and vacuum cleaners and in the electronics segment we saw continued demand for home audio and entertainment equipment as well as returning demand for professional audio instruments and equipment. That said, despite the strong sales activity, we experienced margin compression related to increased raw material costs in both segments, and particularly in the electronics segment, as a result of the continued scarcity of semi-conductor chips coupled with surging demand from other industries including automotive. We continue to leverage our longstanding supplier relationships to mitigate the effects of the global component shortage and limited supply. Additionally, throughout fiscal 2022, certain quarantines and restrictions related to Covid-19 outbreaks persisted, and Deswell continued to effectively manage our operations and production.” Mr. So concluded, “Our balance sheet remains solid, with a strong cash position and no debt, providing us the financial resources to continue executing our long-term growth strategy to grow our market recognition among existing and potential new customers as a consistent and reliable manufacturing partner. As we begin moving through fiscal 2023, we remain focused on delivering operational excellence to capitalize on the interest we’re seeing from the marketplace, with the goal of driving continued growth and profitability moving forward.” Second Half Dividend The Company also announced that its board of directors today declared a cash dividend of $0.10 per share for the second half of the fiscal year ended March 31, 2022. The dividend will be payable on July 15, 2022 to shareholders of record as of June 30, 2022. Dividends to be declared in the future will depend upon the Company’s future growth and earnings, of which there can be no assurance, and the Company’s cash flow needs for future development. About Deswell Deswell manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers (“OEMs”) and contract manufacturers at its factories in the People’s Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount (“SMT”) and finished products such as telephones, professional audio equipment, home audio products, and Internet-of-Things (IoT) products. To learn more about Deswell Industries, Inc., please visit the Company’s website at www.deswell.com. Forward-Looking Statements Statements in this press release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. For example, our statements regarding our expected growth in sales from the electronic division in the coming year and our efforts to reduce overhead costs in our plastic division are forward-looking statements. Actual results could differ materially because of the following factors, among others, which may cause revenues and income to fall short of anticipated levels or our overhead expenses to increase: our dependence on a few major customers; vigorous competition forcing product price reductions or discounts; the timing and amount of significant orders from our relatively few significant customers; continuing increases in resin prices that cannot be passed on to customers; unexpected production delays; obsolete inventory or product returns; losses resulting from fraudulent activity of our customers or employees; labor shortages that increase labor and costs; changes in the mix of product products we manufacture and sell; adverse currency fluctuations in the Renminbi and Hong Kong dollar when translated to US dollars; potential new accounting pronouncements; and the effects of travel restrictions and quarantines associated with major health problems, such as the Severe Acute Respiratory Syndrome, on general economic activity. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the “Risk Factors” section of Company’s Annual Report on Form 20-F, copies of which may be obtained from the Website maintained by the Securities and Exchange Commission at http://www.sec.gov. All information in this release is made as of the date of this press release. Deswell undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Deswell’s expectations. DESWELL INDUSTRIES, INC. CONSOLIDATED BALANCE SHEET (U.S. dollars in thousands) March 31, March 31, 2022 2021 ASSETS (Unaudited) (Audited) Current assets : $ 13,465 $ 20,223 4,354 2,700 1,564 - 24,499 22,373 18,195 14,708 23,819 16,193 2,054 2,489 87,950 78,686 Property, plant and equipment - net 27,017 27,323 Time deposits maturing over twelve months 313 1,851 Deferred income tax assets 259 - $ 115,539 $ 107,860 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities $ 9,838 $ 9,522 7,611 7,107 2,343 1,683 2,950 2,016 1,232 886 23,974 21,214 659 957 24,633 22,171 Shareholders' equity 17,081,810 shares issued as of March 31, 2022; 15,915,239 shares outstanding as of March 31, 2021 and, 53,202 53,143 (2,821 ) (2,821 ) 7,973 7,989 5,316 5,316 27,236 22,062 90,906 85,689 $ 115,539 $ 107,860 DESWELL INDUSTRIES, INC. CONSOLIDATED STATEMENT OF OPERATIONS & COMPREHENSIVE INCOME (UNAUDITED) (U.S. dollars in thousands, except per share data) Six months ended Year ended March 31, March 31, 2022 2021 2022 2021 Net sales $ 45,708 $ 37,196 $ 85,490 $ 64,886 Cost of sales 38,176 29,625 71,538 51,720 Gross profit 7,532 7,571 13,952 13,166 Selling, general and administrative expenses 5,791 5,590 11,139 10,310 Other income (expense), net (37 ) 321 74 405 Operating income 1,704 2,302 2,887 3,261 Non-operating income, net 2,020 4,641 5,308 5,445 Income before income taxes 3,724 6,943 8,195 8,706 Income tax (benefit) expense (338 ) 244 (165 ) 475 Net income attributable to Deswell Industries, Inc. $ 4,062 $ 6,699 $ 8,360 $ 8,231 Other comprehensive income $ - $ - $ - $ - Total comprehensive income attributable to Deswell Industries, Inc. $ 4,062 $ 6,699 $ 8,360 $ 8,231 Net income per share attributable to Basic: $ 0.25 $ 0.42 $ 0.52 $ 0.52 15,935 15,915 15,929 15,915 Diluted: $ 0.25 $ 0.42 $ 0.52 $ 0.51 16,038 15,995 16,137 16,047 DESWELL INDUSTRIES, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) ( U.S. dollars in thousands ) Year ended March 31, 2022 2021 Cash flows from operating activities : $ 8,360 $ 8,231 1,736 1,755 (148 ) 397 (25 ) - 24 (22 ) (872 ) (2,010 ) (1,073 ) (333 ) - (19 ) 117 (661 ) (557 ) 206 Changes in operating assets and liabilities: (3,339 ) (2,804 ) (7,601 ) (7,615 ) 435 (737 ) 316 4,918 504 1,030 660 511 934 298 346 151 Net cash (used in) provided by operating activities (183 ) 3,296 Cash flows from investing activities (1,504 ) (551 ) 50 81 (11,543 ) (6,059 ) 11,245 6,150 (1,654 ) (1,917 ) (26 ) (427 ) Net cash used in investing activities (3,432 ) (2,723 ) Cash flows from financing activities Dividends paid (3,186 ) (2,864 ) 43 - Net cash used in financing activities (3,143 ) (2,864 ) Net decrease in cash and cash equivalents (6,758 ) (2,291 ) Cash and cash equivalents, beginning of year 20,223 22,514 Cash and cash equivalents, end of year 13,465 20,223 Supplementary disclosures of cash flow information: - - 68 236
- 06/16/2022
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Deswell Announces First Half 2022 Results
- MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the first six months of fiscal 2022, ended September 30, 2021. Net sales for the six months ended September 30, 2021 were $39.8 million, an increase of 43.7% compared to net sales of $27.7 million for the six months ended September 30, 2020. Net sales increased by 13.5% to $9.9 million in the plastic segment and increased by 57.6% to $29.8 million in the Company’s electronic segment. Total gross margin decreased to 16.1% of net sales during the six months ended September 30, 2021, as compared to 20.2% of net sales in the same period last year. Gross profit margin in the plastic segment decreased to 10.7% of net sales for the first half of fiscal 2022, compared to 20.4% of net sales for the corresponding period of last fiscal year. The decrease in gross profit and margin in the plastic segment was mainly due to increases in raw materials cost, as well as in basic pay rate of labor costs. Gross profit margin in the electronic segment decreased to 17.9% of net sales for the first half of fiscal 2022, compared to 20.1% of net sales for the corresponding period of last fiscal year. The decrease in gross margin in the electronic segment was mainly attributable to increases in raw materials cost, as well as in headcount and pay rate of labor cost for the first six months of fiscal 2022. Operating income in the first half of fiscal 2022 was $1.2 million, compared to operating income of $1.0 million for the same period of fiscal 2021. The Company reported net income of $4.3 million for the six months ended September 30, 2021, compared to net income of $1.5 million for the six months ended September 30, 2020. This was primarily due to an increase in non-operating income, as a percentage of sales, for the six months ended September 30, 2021. Deswell reported basic and diluted income per share of $0.27 for the first half of fiscal 2022 (based on 15,923,000 and 16,041,000 weighted average shares outstanding), as compared to basic and diluted income per share of $0.10 (based on 15,915,000 and 15,959,000 weighted average shares outstanding) respectively, for the six months ended September 30, 2020. The Company's financial position remained strong, with $17.4 million in cash and cash equivalents and working capital totaled $61.8 million as of September 30, 2021. Furthermore, the Company has no long-term or short-term borrowings as of September 30, 2021. Mr. Edward So, Chief Executive Officer, commented, “We’re pleased to have delivered solid revenue growth in the first half of fiscal 2022, driven by sales growth in both our plastics and our electronics segments. Demand for home audio and entertainment equipment remains strong and as more economies start to fully reopen, with the return of live performances and concerts, we’re also seeing an uptick in sales of professional audio equipment. “While no business is immune to ongoing worldwide supply chain challenges, we have been effectively managing through the global component shortage thanks largely to our longstanding relationships and close collaborations with our suppliers as well as with our customers. We recognize that this is a fluid situation and we will remain vigilant as we, and the rest of our industry navigate supply challenges.” Mr. So concluded, “Our balance sheet is solid and continues to provide us with the financial flexibility to focus on our long-term performance. With no debt and a strong cash position, we are well positioned to grow our existing customer relationships and to add new customers. Additionally, we have invested $822 thousand in our manufacturing equipment, including SMT machines and injection molding machines, demonstrating our commitment to executing our long-term growth strategy and to enhancing our position as a reliable manufacturing partner for both existing and new customers. We’re encouraged by the opportunities we’re seeing in the marketplace and focused on operational execution with the goal of driving continued profitability and shareholder value as we move through fiscal year 2022.” First Half Dividend The Company also announces that its board of directors today declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2021. The dividend will be payable on December 22, 2021 to shareholders of record as of December 6, 2021. About Deswell Deswell manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers (“OEMs”) and contract manufacturers at its factories in the People’s Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount (“SMT”) and finished products such as telephones, telephone answering machines, sophisticated studio-quality audio equipment and computer peripherals. To learn more about Deswell Industries, Inc., please visit the Company’s website at www.deswell.com. Forward-Looking Statements Statements in this press release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. For example, our statements regarding our expected growth in sales from the electronic division in the coming year and our efforts to reduce overhead costs in our plastic division are forward-looking statements. Actual results could differ materially because of the following factors, among others, which may cause revenues and income to fall short of anticipated levels or our overhead expenses to increase: our dependence on a few major customers; vigorous competition forcing product price reductions or discounts; the timing and amount of significant orders from our relatively few significant customers; continuing increases in resin prices that cannot be passed on to customers; unexpected production delays; obsolete inventory or product returns; losses resulting from fraudulent activity of our customers or employees; labor shortages that increase labor and costs; changes in the mix of product products we manufacture and sell; adverse currency fluctuations in the renminbi and Hong Kong dollar when translated to US dollars; potential new accounting pronouncements; and the effects of travel restrictions and quarantines associated with major health problems, such as the Severe Acute Respiratory Syndrome, on general economic activity. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the “Risk Factors” section of Company’s Annual Report on Form 20-F, copies of which may be obtained from the Website maintained by the Securities and Exchange Commission at http://www.sec.gov. All information in this release is made as of the date of this press release. Deswell undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Deswell’s expectations. DESWELL INDUSTRIES, INC. CONSOLIDATED BALANCE SHEET (U.S. dollars in thousands) September 30, March 31, 2021 2021 ASSETS (Unaudited) (Audited) Current assets : $ 17,379 $ 20,223 3,070 2,700 1,543 - 24,316 22,373 17,502 14,708 20,992 16,193 3,420 2,489 88,222 78,686 Property, plant and equipment - net 27,246 27,323 Time deposits maturing over twelve months 308 1,851 $ 115,776 $ 107,860 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities $ 12,157 $ 9,522 7,630 7,107 3,156 1,683 2,409 2,016 1,063 886 26,415 21,214 923 957 27,338 22,171 Shareholders' equity 53,202 53,143 (2,821) (2,821) 7,973 7,989 5,316 5,316 24,768 22,062 88,438 85,689 $ 115,776 $ 107,860 DESWELL INDUSTRIES, INC. CONSOLIDATED STATEMENT OF OPERATIONS & COMPREHENSIVE INCOME (UNAUDITED) (U.S. dollars in thousands, except per share data) Six months ended September 30, 2021 2020 Net sales $ 39,782 $ 27,690 Cost of sales 33,362 22,095 Gross profit 6,420 5,595 Selling, general and administrative expenses 5,348 4,720 Other income, net 111 84 Operating income 1,183 959 Non-operating income, net 3,288 804 Income before income taxes 4,471 1,763 Income taxes 173 231 Net income attributable to Deswell Industries, Inc. $ 4,298 $ 1,532 $ - $ - Comprehensive income attributable to Deswell Industries, Inc. $ 4,298 $ 1,532 Net income per share attributable to Basic: $ 0.27 $ 0.10 15,923 15,915 Diluted: $ 0.27 $ 0.10 16,041 15,959 DESWELL INDUSTRIES, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (U.S. dollars in thousands) ( U.S. dollars in thousands ) Six months ended Six months ended September 30, September 30, 2021 2020 Cash flows from operating activities : Net income $ 4,298 $ 1,532 Adjustments to reconcile net income to net cash provided by operating activities : Depreciation and amortization 883 895 (Reversal of) provision for doubtful accounts (163) 432 (Reversal of) additional charges for obsolescence allowance of inventories, net (293) 132 Loss on disposal of property, plant and equipment - 10 Unrealized holding (gain) loss on marketable securities (845) 527 Realized gain on disposal of marketable securities (653) (54) Scrip dividend received - (448) Exchange loss from marketable securities 117 - Deferred tax (credit) charge (34) 81 Changes in operating assets and liabilities: Accounts receivable (2,631) (2,148) Inventories (4,506) (1,718) Prepaid expenses and other current assets (931) 144 Accounts payable 2,635 3,603 Accrued payroll and employee benefits 523 338 Customer deposits 1,473 133 Other accrued liabilities 393 106 Income taxes payable 177 95 Net cash provided by operating activities 443 3,660 Cash flows from investing activities Purchase of property, plant and equipment (822) (85) Proceeds from disposal of property, plant and equipment, 16 - Purchase of marketable securities (7,301) (3,026) Proceeds from disposal of marketable securities 6,739 541 Increase in fixed deposits maturing over three months (370) (2,706) Increase in fixed deposits maturing over twelve months - (27) Net cash used in investing activities (1,738) (5,303) Cash flows from financing activities Dividends paid (1,592) (1,432) Exercise of stock options 43 - Net cash used in financing activities (1,549) (1,432) Cash effect of exchange rate changes Net decrease in cash and cash equivalents (2,844) (3,075) Cash and cash equivalents, at beginning of period 20,223 22,514 Cash and cash equivalents, at end of period 17,379 19,439 Supplementary disclosures of cashflow information : Cash paid during the period for : Interest - - Income taxes 89 78
- 11/22/2021
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Deswell Industries: Upward Trend About To Continue
- Deswell Industries: Upward Trend About To Continue
- 08/25/2021
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Deswell Announces Filing and Availability of Annual Report on Form 20-F
- MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) today announced that the Company has filed its Annual Report on Form 20-F, which includes its audited financial statements for its fiscal year ended March 31, 2021, with the United States Securities and Exchange Commission (“SEC”). The Company’s Annual Report is available on the SEC's website at http://www.sec.gov. The Company will deliver a paper copy of its fiscal 2021 Annual Report on Form 20-F, including its complete audited financial statements, free of charge, to any shareholder within a reasonable time after request. To obtain a paper copy of Deswell's fiscal 2021 Annual Report on Form 20-F, written request should be made to Deswell Industries, Inc., 10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macau, Special Administrative Region, PRC. About Deswell Deswell manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers (“OEMs”) and contract manufacturers at its factories in the People’s Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount (“SMT”) and finished products such as telephones, professional audio equipment, home audio products, and Internet-of-Things (IoT) products. To learn more about Deswell Industries, Inc., please visit the Company’s website at www.deswell.com. Forward-Looking Statements Statements in this press release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. For example, our statements regarding our expected growth in sales from the electronic division in the coming year and our efforts to reduce overhead costs in our plastic division are forward-looking statements. Actual results could differ materially because of the following factors, among others, which may cause revenues and income to fall short of anticipated levels or our overhead expenses to increase: our dependence on a few major customers; vigorous competition forcing product price reductions or discounts; the timing and amount of significant orders from our relatively few significant customers; continuing increases in resin prices that cannot be passed on to customers; unexpected production delays; obsolete inventory or product returns; losses resulting from fraudulent activity of our customers or employees; labor shortages that increase labor and costs; changes in the mix of product products we manufacture and sell; adverse currency fluctuations in the Renminbi and Hong Kong dollar when translated to US dollars; potential new accounting pronouncements; and the effects of travel restrictions and quarantines associated with major health problems, such as the Severe Acute Respiratory Syndrome, on general economic activity. For further information regarding risks and uncertainties associated with the Company’s business, please refer to the “Risk Factors” section of Company’s Annual Report on Form 20-F, copies of which may be obtained from the Website maintained by the Securities and Exchange Commission at http://www.sec.gov. All information in this release is made as of the date of this press release. Deswell undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Deswell’s expectations.
- 07/23/2021
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7 Penny Stocks To Buy That Pay Dividends
- Penny stocks that have been paying dividends on a consistent basis. Focus on penny stocks from the energy and precious metal sector.
- 06/18/2021
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Deswell Announces Acquisition of New Manufacturing Equipment
- MACAO--(BUSINESS WIRE)--Deswell Industries, Inc. (Nasdaq: DSWL) (“Deswell” or the “Company”) today announced the purchase of new manufacturing equipment at both its electronics and plastics divisions. The Company expects to install the new equipment at the respective manufacturing facilities in August 2021. Purchase Month Equipment Amount Estimated installation date February 2021 Two Panasonic SMT (Surface Mount Technology) placement systems for the electronic division CNY2.6Million August 2021
- 06/17/2021
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Deswell Announces Second Half 2021 Results
- MACAO--(BUSINESS WIRE)--Deswell 2H21 SV release
- 06/09/2021
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Deswell Industries: Still Very Attractive Despite Recent Run-Up
- Deswell Industries: Still Very Attractive Despite Recent Run-Up
- 06/01/2021
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Deswell Industries: Trading Below Book Value Yet Not Worth The Risk
- Deswell Industries has been growing its top-line and pays a healthy 7% dividend. The stock is trading below book value.
- 08/17/2020
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Deswell Announces Filing and Availability of Annual Report on Form 20-F
- Deswell Industries, Inc. (Nasdaq: DSWL) today announced that the Company has filed its Annual Report on Form 20-F, which includes its audited financial statements for its fiscal year ended March 31, 2020, with the United States Securities and Exchange Commission ("SEC"). The Company’s Annual Report is available on the SEC's website at http://www.sec.gov.
- 07/17/2020
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38 Equities Boosted Dividends 6/8-6/29/20 Despite Uncertainties
- Barron's Weekly lists stocks announcing dividend payment boosts on the last page of its financial data section. Here is your dogcatcher 6/8-6/29 rundown for 38
- 07/02/2020
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Deswell Announces Second Half 2020 Results
- Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the second half of the fiscal year ended March 31, 2020.
- 06/11/2020
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- 05/29/2020
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Deswell Industries, Inc. (NASDAQ:DSWL) Might Not Be A Great Investment
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- 04/07/2020
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Deswell Industries, Inc. (NASDAQ:DSWL) Insiders Increased Their Holdings
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- 04/07/2020
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Tracking Allan Mecham's Arlington Value Capital Portfolio - Q4 2019 Update
- Arlington Value Capital’s 13F portfolio value decreased from $1.53B to $1.47B. The number of positions remained steady at 15. Allan Mecham increased Berkshire H
- 03/05/2020
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Is Deswell Industries, Inc. (NASDAQ:DSWL) A Smart Pick For Income Investors?
- Dividend paying stocks like Deswell Industries, Inc. (NASDAQ:DSWL) tend to be popular with investors, and for good...
- 02/21/2020
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Zebra Capital Management’s Top Stock Picks
- Zebra Capital Management was launched back in 2001 by Roger Ibbotson, who is also the fund’s CIO and current Chairman. Mr Ibbotson is Professor Emeritus of Finance at Yale University whose research career was focused on uncommon behavioral finance derived investment approach, or, how people chose one
- 01/22/2020
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Hedge Fund Ardsley Partners’ Top Stock Picks
- Ardsley Partners was founded back in 1987 by Philip Hempleman, who is the fund’s current Managing Partner, Chief Investment Officer, and Portfolio Manager. He holds a B.A. degree from Indiana University and an M.B.A. degree from New York University. Prior to launching Ardsley Partners, Mr Hempleman gained
- 01/16/2020
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80 Biggest Movers From Yesterday
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Does Deswell Industries's (NASDAQ:DSWL) Share Price Gain of 51% Match Its Business Performance?
- By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual...
- 01/06/2020
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Deswell Industries May Have Printed A Multi-Year Bottom
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Deswell Industries goes ex-dividend tomorrow
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Why You Might Be Interested In Deswell Industries, Inc. (NASDAQ:DSWL) For Its Upcoming Dividend
- Deswell Industries, Inc. (NASDAQ:DSWL) is about to trade ex-dividend in the next 3 days. You can purchase shares...
- 11/22/2019
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Deswell Industries Reports H1'20 Net EPS $0.08 vs $0.17 In Same Qtr. Last Year, Sales $37.7M vs $34.8M Year Over Year
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Deswell Announces First Half 2020 Results
- Company Announces First Half Cash Dividend of $0.08 Per Share
- 11/15/2019
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Deswell Industries reports 1H results
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Examining Deswell Industries, Inc.’s (NASDAQ:DSWL) Weak Return On Capital Employed
- Today we are going to look at Deswell Industries, Inc. (NASDAQ:DSWL) to see whether it might be an attractive...
- 10/24/2019
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Read This Before Selling Deswell Industries, Inc. (NASDAQ:DSWL) Shares
- We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
- 09/18/2019
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Deswell Industries, Inc. (NASDAQ:DSWL) Is Yielding 5.3% - But Is It A Buy?
- Is Deswell Industries, Inc. (NASDAQ:DSWL) a good dividend stock? How can we tell? Dividend paying companies with...
- 08/13/2019
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Can You Imagine How Deswell Industries's (NASDAQ:DSWL) Shareholders Feel About The 81% Share Price Increase?
- One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...
- 07/05/2019
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Deswell 2H EPS $0.10 Down From $0.16 YoY, Sales $31.8M Up From $30.9M YoY,
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Deswell Industries declares $0.07 dividend
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Stocks Trading Ex Dividend For Mon., Nov. 26, 2018
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Deswell Industries goes ex-dividend on Monday
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Deswell Reports 1H EPS $0.17 Down From $0.23 YoY, Sales $34.80M Up From $29.78M YoY
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Deswell Industries reports 1H results
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Deswell Industries goes ex-dividend on Monday
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Deswell Industries 2H EPS $0.16 Up From $0.04 In Same Qtr. Last Year, Sales $30.91M Up From $23.89M YoY
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Deswell Industries reports FY results
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Deswell Industries Reports 1H'18 Results: Sales $29.8M vs $20.6M In Same Period Last Year, EPS $0.23 vs $0.04 YoY
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Deswell Reports 2H'17 EPS $0.04 Vs $(0.09) In Same Qtr. Last Year, Sales $23.888M
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Deswell Industries goes ex-dividend today
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8 Notable Stocks Trading Ex-Dividend Friday, November 25
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Deswell Reports First Half EPS $0.04 vs. Prior Year $(0.22), Rev. $20.6M vs. Prior Year Quarter $23.6M
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Deswell Reports Q4 EPS $(0.07) vs. Prior Year Quarter $0.00, Rev. $8.41M vs. Prior Year Quarter $8.12M
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Deswell Announces New Corporate Headquarters
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Deswell Reports Q3 EPS $(0.02) vs. Prior Year Quarter $(0.07), Rev. $12.5M vs. Prior Year Quarter $10.8M
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Richard Pui Hon Lau Reports 29% Stake in Deswell Industries -13D
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Deswell Industries Reports Q2 EPS ($0.15) Vs Est ($0.11)
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Deswell Industries reports FQ1 results
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15% To 36% Yields From Sector Leader Dividend Dogs July 21
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Deswell Announces Change in Record Date for Cash Dividend
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Deswell Industries reports FQ4 results
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Sector Leaders See 5.9% Advantage For 5 Highest-Yield, Lowest-Priced May Dividend Dogs
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Deswell Growing Top Line, But Operational Results Still Worrisome
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Deswell Industries declares $0.035 dividend
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Update: Deswell Industries Earnings
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CORRECTION: Deswell Industries Reports Q2 Loss of $0.11/Share; Revenue of $10.20M
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Stocks Hitting 52-Week Lows
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Deswell Industries, Inc. Reports Q1 EPS of $0.00; Revenue of $8.90M
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Deswell Announces Fourth Quarter 2013 Results
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Deswell Reports Q4 EPS $(0.04), Revs $12.2M; Declares Special Dividend $0.10/Share
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Deswell Announces $4 Million Stock Buyback Plan
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Was the baby thrown out with the bathwater? Deswell
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Deswell Industries Inc. Appoints New CFO
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Deswell Announces Q3 Results (DSWL)
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Deswell Announces Second Quarter EPS of $.10
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Deswell Announces Q1 Results (DSWL)
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