Elite Material Co 2383.TW · TWD
Information Technology · Electronic Equipment, Instruments & Components · Taiwan Stock Exchange · 🇹🇼 Taiwan
3,820.00
-6.83%
Close of 6 Nov 2026, in TWD
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 94.26bn
FY2016FY2025
Net income
TWD 14.64bn
FY2016FY2025
Free cash flow
TWD 2.15bn
FY2016FY2025
Shareholders' equity
TWD 50.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 94.26bn | TWD 64.38bn | TWD 41.30bn | TWD 38.67bn | TWD 38.50bn | TWD 27.20bn | TWD 24.87bn | TWD 22.89bn | TWD 23.61bn | TWD 22.07bn |
| Gross profit | TWD 28.12bn | TWD 17.97bn | TWD 11.33bn | TWD 9.71bn | TWD 10.07bn | TWD 7.04bn | TWD 6.10bn | TWD 4.58bn | TWD 5.83bn | TWD 5.77bn |
| Research and development | TWD 2.14bn | TWD 1.75bn | TWD 1.27bn | TWD 953.1m | TWD 770.5m | TWD 582.7m | TWD 500.4m | TWD 415.9m | TWD 277.5m | TWD 202.7m |
| Operating income | TWD 19.11bn | TWD 12.17bn | TWD 7.54bn | TWD 6.48bn | TWD 6.98bn | TWD 4.90bn | TWD 4.26bn | TWD 2.76bn | TWD 4.04bn | TWD 3.94bn |
| Net income | TWD 14.64bn | TWD 9.58bn | TWD 5.49bn | TWD 5.07bn | TWD 5.49bn | TWD 3.69bn | TWD 3.24bn | TWD 1.75bn | TWD 2.79bn | TWD 2.77bn |
| Diluted earnings per share | 41.67 | 26.69 | 15.77 | 14.57 | 16.50 | 11.18 | 10.14 | 5.49 | 8.73 | 8.71 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 107.91bn | TWD 76.08bn | TWD 53.43bn | TWD 43.38bn | TWD 36.57bn | TWD 27.86bn | TWD 25.70bn | TWD 21.96bn | TWD 20.80bn | TWD 19.23bn |
| Cash and short-term investments | TWD 20.01bn | TWD 14.99bn | TWD 9.26bn | TWD 10.44bn | TWD 6.64bn | TWD 5.73bn | TWD 6.36bn | TWD 6.02bn | TWD 5.30bn | TWD 4.23bn |
| Total liabilities | TWD 57.48bn | TWD 40.99bn | TWD 26.62bn | TWD 21.31bn | TWD 16.79bn | TWD 11.10bn | TWD 12.17bn | TWD 10.05bn | TWD 8.92bn | TWD 8.72bn |
| Debt | TWD 19.56bn | TWD 17.23bn | TWD 10.29bn | TWD 9.84bn | TWD 3.94bn | TWD 1.73bn | TWD 3.11bn | TWD 2.66bn | TWD 1.47bn | TWD 1.35bn |
| Shareholders' equity | TWD 50.46bn | TWD 35.11bn | TWD 26.81bn | TWD 22.07bn | TWD 19.75bn | TWD 16.74bn | TWD 13.52bn | TWD 11.90bn | TWD 11.87bn | TWD 10.50bn |
| Shares outstanding | 351m | 359m | 348m | 348m | 333m | 330m | 320m | 319m | 320m | 318m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 11.97bn | TWD 7.26bn | TWD 2.89bn | TWD 7.50bn | TWD 4.02bn | TWD 3.52bn | TWD 2.47bn | TWD 2.09bn | TWD 3.06bn | TWD 2.60bn |
| Capital spending | −TWD 9.82bn | −TWD 5.91bn | −TWD 4.25bn | −TWD 6.54bn | −TWD 2.59bn | −TWD 1.24bn | −TWD 1.16bn | −TWD 752.4m | −TWD 723.4m | −TWD 523.3m |
| Free cash flow | TWD 2.15bn | TWD 1.35bn | −TWD 1.36bn | TWD 954.4m | TWD 1.43bn | TWD 2.27bn | TWD 1.30bn | TWD 1.33bn | TWD 2.34bn | TWD 2.08bn |
| Dividends paid | −TWD 5.89bn | −TWD 3.44bn | −TWD 2.83bn | −TWD 3.33bn | −TWD 2.33bn | −TWD 1.92bn | −TWD 1.22bn | −TWD 1.53bn | −TWD 1.50bn | −TWD 1.37bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 47.28bn | TWD 33.07bn | TWD 24.93bn | TWD 25.15bn | TWD 22.51bn | TWD 21.68bn | TWD 18.56bn | TWD 17.46bn |
| Gross profit | TWD 15.90bn | TWD 9.63bn | TWD 7.20bn | TWD 7.50bn | TWD 6.83bn | TWD 6.59bn | TWD 5.28bn | TWD 4.72bn |
| Operating income | TWD 12.73bn | TWD 7.13bn | TWD 4.93bn | TWD 4.99bn | TWD 4.65bn | TWD 4.60bn | TWD 3.54bn | TWD 3.25bn |
| Net income | TWD 9.87bn | TWD 5.34bn | TWD 3.73bn | TWD 3.97bn | TWD 3.48bn | TWD 3.47bn | TWD 2.65bn | TWD 2.52bn |
| Diluted earnings per share | 27.55 | 14.90 | 10.62 | 11.28 | 9.90 | 9.87 | 7.38 | 7.01 |
| Cash from operations | TWD 2.34bn | TWD 2.70bn | TWD 6.34bn | TWD 2.30bn | TWD 1.18bn | TWD 2.14bn | TWD 2.90bn | TWD 568.0m |
| Capital spending | −TWD 5.17bn | −TWD 5.66bn | −TWD 2.97bn | −TWD 1.85bn | −TWD 2.42bn | −TWD 2.60bn | −TWD 2.44bn | −TWD 1.10bn |
| Free cash flow | −TWD 2.83bn | −TWD 2.96bn | TWD 3.37bn | TWD 452.0m | −TWD 1.23bn | −TWD 452.0m | TWD 455.0m | −TWD 535.0m |
| Total assets | TWD 158.58bn | TWD 130.98bn | TWD 107.91bn | TWD 97.19bn | TWD 87.61bn | TWD 87.42bn | TWD 76.08bn | TWD 70.17bn |
| Cash and short-term investments | TWD 22.57bn | TWD 22.13bn | TWD 20.01bn | TWD 16.14bn | TWD 17.62bn | TWD 18.43bn | TWD 14.99bn | TWD 13.60bn |
| Debt | TWD 15.83bn | TWD 24.66bn | TWD 19.56bn | TWD 11.13bn | TWD 18.11bn | TWD 20.47bn | TWD 16.60bn | TWD 16.25bn |
| Shareholders' equity | TWD 58.34bn | TWD 47.94bn | TWD 50.46bn | TWD 44.40bn | TWD 36.41bn | TWD 33.29bn | TWD 35.11bn | TWD 32.11bn |
Financial ratios
Data as of 30 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 29.8% | 27.9% | 27.4% | 25.1% | 26.2% | 25.9% |
| Operating margin | 20.3% | 18.9% | 18.3% | 16.8% | 18.1% | 18.0% |
| Net margin | 15.5% | 14.9% | 13.3% | 13.1% | 14.3% | 13.6% |
| Return on equity | 29.0% | 27.3% | 20.5% | 23.0% | 27.8% | 22.0% |
| Return on assets | 13.6% | 12.6% | 10.3% | 11.7% | 15.0% | 13.2% |
| Free cash flow yield | 1.1% | 0.7% | 0.4% | 0.7% | 0.4% | 0.3% |
| Revenue growth | 46.4% | 55.9% | 6.8% | 0.4% | 41.5% | 9.4% |
| Earnings growth | 52.9% | 74.5% | 8.2% | -7.7% | 48.9% | 13.8% |
| Current ratio | 1.60x | 1.71x | 1.46x | 1.69x | 1.78x | 2.04x |
| Debt to equity | 0.39x | 0.47x | 0.37x | 0.43x | 0.18x | 0.10x |
| Equity ratio | 46.8% | 46.1% | 50.2% | 50.9% | 54.0% | 60.1% |
| Interest coverage | 40.15x | 26.53x | 23.67x | 35.20x | 91.52x | 80.65x |
| R&D as a share of sales | 2.3% | 2.7% | 3.1% | 2.5% | 2.0% | 2.1% |
| Buybacks as a share of market value | 2.1% | -3.1% | 0.0% | -4.6% | -0.9% | -3.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 34.6% | 28.2% | 16.3% |
| Operating income | 43.4% | 31.3% | 19.4% |
| Net income | 42.4% | 31.8% | 19.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.1% | 28.1% | 27.7% | 26.7% |
| Operating margin | 19.7% | 19.0% | 18.8% | 18.0% |
| Net margin | 15.3% | 14.6% | 14.4% | 13.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 39.5 | 23.1 | 24.2 | 11.7 | 16.9 | 14.1 | 13.5 | 12.0 | 11.6 | 10.3 |
| Price to sales | 6.1 | 3.4 | 3.2 | 1.5 | 2.4 | 1.9 | 1.8 | 0.9 | 1.4 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 19 years. Last went ex-dividend on 28 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 25.00 | 16.575 | 9.979 | 8.407 | 10.00 | 7.00 | 5.762 | 3.80 |
- 1.025-for-1 split · 4 Aug 2011
- 1.05-for-1 split · 28 Jul 2010
- 1.014-for-1 split · 28 Jul 2009
- 27-for-25 split · 29 Jul 2008
- 1.06-for-1 split · 26 Jul 2007
- 1.052-for-1 split · 29 Aug 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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