GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

Solar Applied Materials Technology 1785.TWO · TWD

Materials · Taipei Exchange · 🇹🇼 Taiwan

Compare

79.00

+9.87%

Close of 9 Nov 2026, in TWD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 39.41bn

FY2016FY2025

Net income

TWD 1.87bn

FY2016FY2025

Free cash flow

−TWD 734.7m

FY2016FY2025

Shareholders' equity

TWD 14.96bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 39.41bnTWD 29.77bnTWD 22.63bnTWD 25.79bnTWD 31.35bnTWD 26.67bnTWD 21.99bnTWD 20.89bnTWD 15.75bnTWD 25.27bn
Gross profitTWD 5.74bnTWD 3.81bnTWD 2.72bnTWD 3.47bnTWD 3.61bnTWD 3.56bnTWD 2.90bnTWD 2.25bnTWD 1.65bnTWD 702.6m
Research and developmentTWD 408.2mTWD 397.2mTWD 371.4mTWD 458.3mTWD 401.3mTWD 383.5mTWD 303.9mTWD 323.2mTWD 257.3mTWD 404.2m
Operating incomeTWD 4.15bnTWD 2.58bnTWD 1.38bnTWD 1.91bnTWD 1.64bnTWD 1.58bnTWD 1.44bnTWD 757.5mTWD 423.5m−TWD 659.2m
Net incomeTWD 1.87bnTWD 1.90bnTWD 1.08bnTWD 1.39bnTWD 1.26bnTWD 843.4mTWD 1.04bnTWD 389.0mTWD 114.7m−TWD 485.5m
Diluted earnings per share3.133.191.822.332.121.652.030.950.29-1.32

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 34.43bnTWD 31.29bnTWD 26.46bnTWD 26.60bnTWD 25.42bnTWD 21.26bnTWD 21.27bnTWD 19.83bnTWD 19.06bnTWD 19.22bn
Cash and short-term investments——TWD 2.61bnTWD 3.47bnTWD 4.62bnTWD 3.08bnTWD 3.11bnTWD 2.69bnTWD 2.71bnTWD 2.18bn
Total liabilitiesTWD 19.42bnTWD 17.01bnTWD 13.47bnTWD 13.40bnTWD 12.98bnTWD 12.75bnTWD 13.28bnTWD 14.66bnTWD 14.47bnTWD 15.23bn
DebtTWD 5.05bnTWD 12.26bnTWD 10.78bnTWD 10.12bnTWD 10.22bnTWD 11.07bnTWD 11.46bnTWD 12.88bnTWD 12.79bnTWD 13.45bn
Shareholders' equityTWD 14.96bnTWD 14.27bnTWD 12.95bnTWD 12.79bnTWD 12.12bnTWD 8.22bnTWD 7.80bnTWD 4.99bnTWD 4.42bnTWD 3.83bn
Shares outstanding596m596m596m597m592m511m511m409m400m367m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 451.6mTWD 435.2mTWD 1.08bnTWD 1.01bnTWD 543.3mTWD 1.19bnTWD 472.5m−TWD 43.6mTWD 761.6m−TWD 2.02bn
Capital spending−TWD 283.1m−TWD 557.0m−TWD 841.4m−TWD 1.39bn−TWD 705.9m−TWD 352.2m−TWD 991.4m−TWD 266.2m−TWD 142.4m−TWD 732.2m
Free cash flow−TWD 734.7m−TWD 121.8mTWD 239.6m−TWD 379.2m−TWD 162.6mTWD 833.2m−TWD 518.9m−TWD 309.8mTWD 619.1m−TWD 2.75bn
Dividends paid−TWD 1.19bn−TWD 715.5m−TWD 895.3m−TWD 890.4m−TWD 710.3m−TWD 498.4m−TWD 498.4m−TWD 498.4m−TWD 498.4m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 15.68bnTWD 14.56bnTWD 11.21bnTWD 10.43bnTWD 9.52bnTWD 8.24bnTWD 8.24bnTWD 7.62bn
Gross profitTWD 1.53bnTWD 2.65bnTWD 1.89bnTWD 1.40bnTWD 1.23bnTWD 1.22bnTWD 908.3mTWD 1.06bn
Operating incomeTWD 980.8mTWD 2.02bnTWD 1.44bnTWD 960.5mTWD 1.01bnTWD 839.8m—TWD 660.4m
Net incomeTWD 661.8mTWD 1.51bnTWD 1.11bnTWD 694.3m−TWD 299.7mTWD 358.3mTWD 647.8mTWD 458.0m
Diluted earnings per share1.112.541.871.16-0.500.601.090.77
Cash from operationsTWD 1.59bn−TWD 1.44bnTWD 139.0mTWD 47.0m−TWD 929.0mTWD 290.0mTWD 238.0mTWD 646.0m
Capital spending−TWD 237.0m−TWD 182.0m—−TWD 91.0m−TWD 82.0m−TWD 130.0m−TWD 127.0m−TWD 140.0m
Free cash flowTWD 1.36bn−TWD 1.62bn—−TWD 44.0m−TWD 1.01bnTWD 160.0mTWD 111.0mTWD 506.0m
Total assetsTWD 39.80bnTWD 39.18bnTWD 34.43bnTWD 32.26bnTWD 30.56bnTWD 31.79bnTWD 31.29bnTWD 30.53bn
DebtTWD 4.39bnTWD 4.87bnTWD 5.05bnTWD 6.18bnTWD 4.76bnTWD 4.89bnTWD 5.02bnTWD 5.38bn
Shareholders' equityTWD 16.22bnTWD 16.63bnTWD 14.96bnTWD 13.70bnTWD 12.89bnTWD 14.68bnTWD 14.27bnTWD 13.65bn

Financial ratios

Data as of 20 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin14.6%12.8%12.0%13.5%11.5%13.4%—
Operating margin10.5%8.7%6.1%7.4%5.2%5.9%—
Net margin4.7%6.4%4.8%5.4%4.0%3.2%—
Return on equity12.5%13.3%8.4%10.9%10.4%10.3%—
Return on assets5.4%6.1%4.1%5.2%4.9%4.0%—
Free cash flow yield—1.7%3.3%4.2%2.2%3.1%3.0%
Revenue growth32.4%31.6%-12.3%-17.7%17.6%21.3%—
Earnings growth-1.9%75.4%-21.9%10.6%48.9%-18.8%—
Current ratio1.85x1.94x2.62x3.17x4.05x5.30x—
Debt to equity0.34x0.35x0.83x0.78x0.84x1.29x—
Equity ratio43.4%45.6%48.9%48.1%47.7%38.7%—
Interest coverage12.57x8.47x3.75x7.37x6.79x6.19x—
R&D as a share of sales1.0%1.3%1.6%1.8%1.3%1.4%—
Buybacks as a share of market value—0.0%0.1%-0.9%-15.8%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.2%8.1%-4.3%
Operating income29.5%21.3%—
Net income10.4%17.2%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin13.8%13.4%13.0%9.6%
Operating margin9.7%8.5%7.5%4.4%
Net margin5.5%5.3%4.8%2.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings21.219.621.413.824.125.710.818.772.0-6.4
Price to sales1.01.31.00.71.00.80.50.30.50.1

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 16 Jul 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year2.002.001.201.5011.491
  • 1.09996-for-1 split · 23 Aug 2012
  • 1250-for-1000 split · 8 Aug 2011
  • 1200-for-1000 split · 27 Jul 2010
  • 102-for-100 split · 10 Aug 2009
  • 1.59632-for-1 split · 4 Aug 2008

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.