ThinTech Materials Technology Co 3663.TWO · TWD
Information Technology · Taipei Exchange · 🇹🇼 Taiwan
48.10
+9.94%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 5.71bn
FY2016FY2025
Net income
−TWD 8.2m
FY2016FY2025
Free cash flow
−TWD 161.7m
FY2016FY2025
Shareholders' equity
TWD 1.88bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 5.71bn | TWD 5.27bn | TWD 5.88bn | TWD 2.53bn | TWD 3.00bn | TWD 2.40bn | TWD 2.14bn | TWD 2.37bn | TWD 2.62bn | TWD 2.91bn |
| Gross profit | TWD 222.2m | TWD 370.7m | TWD 408.7m | TWD 227.8m | TWD 231.8m | TWD 257.6m | TWD 176.1m | TWD 197.1m | TWD 176.9m | TWD 165.8m |
| Research and development | TWD 54.9m | TWD 59.6m | TWD 55.0m | TWD 25.7m | TWD 22.8m | TWD 27.4m | TWD 24.9m | TWD 25.4m | TWD 27.4m | TWD 24.8m |
| Operating income | TWD 35.2m | TWD 89.8m | TWD 155.1m | TWD 84.7m | TWD 90.0m | TWD 72.5m | TWD 21.6m | TWD 40.8m | TWD 43.3m | TWD 28.3m |
| Net income | −TWD 8.2m | TWD 49.8m | TWD 39.6m | TWD 82.0m | TWD 70.3m | TWD 47.3m | TWD 118.9m | TWD 43.5m | TWD 26.9m | TWD 51.5m |
| Diluted earnings per share | -0.08 | 0.49 | 0.54 | 1.12 | 0.96 | 0.64 | 1.62 | 0.59 | 0.37 | 0.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 4.40bn | TWD 4.28bn | TWD 1.82bn | TWD 1.83bn | TWD 1.68bn | TWD 1.76bn | TWD 1.69bn | TWD 1.59bn | TWD 1.27bn | TWD 1.52bn |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | TWD 165.2m |
| Total liabilities | TWD 2.01bn | TWD 1.92bn | TWD 627.8m | TWD 637.6m | TWD 512.1m | TWD 599.2m | TWD 506.9m | TWD 488.5m | TWD 152.6m | TWD 388.4m |
| Debt | TWD 983.4m | TWD 818.5m | TWD 843.6m | TWD 264.5m | TWD 183.0m | TWD 215.0m | TWD 202.6m | TWD 176.0m | TWD 68.8m | TWD 265.9m |
| Shareholders' equity | TWD 1.88bn | TWD 1.84bn | TWD 1.20bn | TWD 1.19bn | TWD 1.17bn | TWD 1.16bn | TWD 1.19bn | TWD 1.10bn | TWD 1.11bn | TWD 1.13bn |
| Shares outstanding | 108m | 101m | 74m | 73m | 73m | 73m | 73m | 73m | 73m | 74m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 91.8m | TWD 362.4m | TWD 761.1m | TWD 108.2m | −TWD 29.7m | TWD 124.5m | TWD 351.2m | −TWD 92.6m | TWD 271.9m | TWD 55.9m |
| Capital spending | −TWD 69.8m | −TWD 58.5m | −TWD 79.8m | −TWD 42.0m | −TWD 6.3m | −TWD 15.3m | −TWD 18.8m | −TWD 24.0m | −TWD 26.0m | −TWD 27.7m |
| Free cash flow | −TWD 161.7m | TWD 303.9m | TWD 681.3m | TWD 66.1m | −TWD 36.0m | TWD 109.2m | TWD 332.4m | −TWD 116.7m | TWD 245.8m | TWD 28.2m |
| Dividends paid | −TWD 43.4m | −TWD 44.1m | −TWD 73.5m | −TWD 66.1m | −TWD 58.8m | −TWD 73.5m | −TWD 29.4m | −TWD 36.7m | −TWD 44.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.65bn | TWD 2.45bn | TWD 1.63bn | TWD 1.34bn | TWD 1.60bn | TWD 1.15bn | TWD 1.27bn | TWD 1.43bn |
| Gross profit | TWD 56.1m | TWD 126.8m | TWD 46.1m | TWD 34.9m | TWD 68.1m | TWD 73.0m | TWD 82.8m | TWD 89.0m |
| Operating income | TWD 70,000 | TWD 64.7m | −TWD 12.1m | −TWD 21.9m | TWD 12.3m | — | — | TWD 22.0m |
| Net income | TWD 2.6m | TWD 28.1m | −TWD 426,000 | −TWD 5.4m | −TWD 11.6m | TWD 9.2m | TWD 22.7m | TWD 3.3m |
| Diluted earnings per share | 0.02 | 0.26 | -0.00 | -0.05 | -0.11 | 0.09 | 0.22 | 0.03 |
| Cash from operations | −TWD 65.0m | TWD 195.0m | −TWD 145.0m | −TWD 22.0m | TWD 265.0m | −TWD 189.0m | TWD 177.0m | TWD 119.0m |
| Capital spending | −TWD 23.0m | −TWD 35.0m | −TWD 44.0m | −TWD 5.0m | −TWD 6.0m | −TWD 12.0m | −TWD 13.0m | −TWD 9.0m |
| Free cash flow | −TWD 88.0m | TWD 160.0m | −TWD 189.0m | −TWD 27.0m | TWD 259.0m | −TWD 201.0m | TWD 164.0m | TWD 110.0m |
| Total assets | TWD 5.42bn | TWD 4.81bn | TWD 4.40bn | TWD 4.27bn | TWD 3.99bn | TWD 4.54bn | TWD 4.28bn | TWD 4.40bn |
| Cash and short-term investments | — | — | — | TWD 566.5m | — | — | — | — |
| Debt | TWD 260.0m | TWD 400.0m | TWD 437.5m | TWD 756.6m | TWD 416.7m | TWD 416.7m | TWD 458.3m | TWD 458.3m |
| Shareholders' equity | TWD 3.23bn | TWD 2.12bn | TWD 1.88bn | TWD 1.79bn | TWD 1.70bn | TWD 1.88bn | TWD 1.84bn | TWD 1.81bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 3.9% | 7.0% | 6.9% | 9.0% | 7.7% | 10.7% |
| Operating margin | 0.7% | 2.9% | 3.1% | 3.4% | 3.1% | 2.9% |
| Net margin | -0.1% | 0.9% | 0.7% | 3.2% | 2.3% | 2.0% |
| Return on equity | -0.4% | 2.7% | 3.3% | 6.9% | 6.0% | 4.1% |
| Return on assets | -0.2% | 1.2% | 2.2% | 4.5% | 4.2% | 2.7% |
| Free cash flow yield | — | 6.8% | 18.6% | 3.3% | -0.5% | 3.1% |
| Revenue growth | 8.5% | -10.5% | 132.8% | -15.8% | 25.2% | 12.0% |
| Earnings growth | -116.5% | 25.8% | -51.7% | 16.6% | 48.6% | -60.2% |
| Current ratio | 2.50x | 2.62x | 3.98x | 2.57x | 3.01x | 2.68x |
| Debt to equity | 0.23x | 0.25x | 0.16x | 0.00x | — | — |
| Equity ratio | 42.8% | 43.0% | 65.6% | 65.2% | 69.6% | 66.0% |
| Interest coverage | 1.72x | 6.86x | 6.31x | 8.89x | 10.86x | 6.99x |
| R&D as a share of sales | 1.0% | 1.1% | 0.9% | 1.0% | 0.8% | 1.1% |
| Buybacks as a share of market value | — | -37.4% | -0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 31.3% | 19.0% | 7.9% |
| Operating income | -25.4% | -13.4% | — |
| Net income | — | — | -27.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 5.4% | 6.3% | 6.9% | 6.8% |
| Operating margin | 1.1% | 1.9% | 2.1% | 1.3% |
| Net margin | 0.4% | 0.8% | 1.1% | 0.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -750.9 | 142.6 | 66.0 | 25.5 | 35.8 | 35.5 | 13.7 | 30.0 | 44.3 | 26.5 |
| Price to sales | 1.1 | 1.4 | 0.4 | 0.8 | 0.8 | 0.7 | 0.8 | 0.6 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 7 Aug 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.40 | 0.587 | 1.00 | 0.90 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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