1. Taiwan, Province of China Stocks

  2. •

    Basic Materials

  3. •

    Copper
First Copper Technology Co., Ltd.

First Copper Technology Co., Ltd.

2009.TW
First Copper Technology Co., Ltd.TW flagTaiwan Stock Exchange
45.00
TWD
-0.20
- -
16.18BMarket Cap
First Copper Technology Co., Ltd.
2009.TW
(Taiwan Stock Exchange)

Recent

price

45.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
18.27
15.35
11.59
10.51
11.37
8.9
6.96
8.48
8.64
7.08
6.29
8.95
8.05
7.36
8.7
- -
8.33
Revenue per Share
1.21
-0.1
0.16
0.08
0.37
-0.95
-0.44
0.75
0.24
-0.28
0.22
1.18
0.55
-0.03
0.74
- -
0.38
Basic EPS, GAAP
0.27
-0.01
2.91
0.7
-0.37
0.67
-0.62
-0.48
1.46
-0.18
-0.41
-0.13
-0.24
0.41
0.58
- -
1.24
Free Cash Flow per Basic Share
0.59
1.08
0.02
- -
0.5
0.4
- -
- -
- -
- -
- -
0.8
0.99
0.4
- -
- -
0.01
Dividend per Share
11.22
10.28
10.46
12.51
10.4
9.05
8.75
9.49
9.77
9.48
9.72
11.14
10.61
10.11
10.85
- -
10.09
Book Value per Share
13.07
10.17
12.54
12.17
11.27
8
8.8
11.33
10.08
10.23
12.65
17.92
12.57
16.63
19.94
- -
19.11
Tangible Book Value per Share
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
- -
359
Basic Weighted Avg Shares
6,569
5,520
4,167
3,778
4,088
3,200
2,503
3,050
3,109
2,545
2,261
3,219
2,895
2,646
3,128
2,905
2,990
Sales/Revenue/Turnover
6.66
-1.84
-0.6
-4.35
-0.9
-9.41
-4.25
5.51
-0.39
-5.7
-3.36
7.97
-3.84
-2.55
1.79
-2.59
-2.05
Operating Margin (%)
175
160
148
147
138
108
95
88
73
63
65
70
80
85
89
94
91
Depreciation Expense
435
-34
56
28
134
-341
-159
270
85
-99
79
423
197
-9
266
122
138
Net Income, GAAP
15.3
- -
- -
1.84
8.86
- -
- -
11.19
- -
- -
2.26
9.39
- -
264.31
- -
5.62
- -
Effective Tax Rate (%)
6.62
-0.62
1.35
0.74
3.28
-10.64
-6.36
8.85
2.74
-3.9
3.5
13.13
6.8
-0.36
8.49
4.18
4.61
Profit Margin (%)
2,024
1,492
1,091
972
1,015
484
470
717
829
645
631
768
574
471
731
680
469
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
4,707
3,659
4,510
4,377
4,052
2,876
3,165
4,076
3,626
3,678
4,549
6,444
4,521
5,980
7,172
9,714
6,855
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
8.94
- -
- -
0.77
2.8
- -
- -
5.88
- -
- -
1.9
8.75
- -
-1.01
- -
2.74
5.04
Return on Capital (%)
11.04
-0.89
1.51
0.68
3.25
-9.74
-4.98
8.23
2.46
-2.87
2.3
11.27
5.04
-0.25
7.05
3.15
3.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,430
1,343
1,356
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
360
360
360
Market Capitalization
13,288
14,648
12,290

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,344
2,216
2,155
Cash, Cash Equivalents & STI
139
96
79
Accounts Receivable, Net
235
219
232
Inventories
1,911
1,843
1,769
Total Current Liabilities
1,612
1,495
1,686
Payables & Accruals
- -
- -
- -
ST Debt
1,430
1,343
1,356
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.24%
19.89%
35.44%
Free Cash Flow
-86.5%
-51.22%
-43.93%
Net Income, GAAP
-346.34%
-535.21%
-54.25%
Sales/Revenue/Turnover
0.75%
6.96%
-7.12%
Total Cash Common Dividend
- -
25,950.25%
40,472.77%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
628
623
673
723
2,646
2024
651
889
797
791
3,128
2025
617
785
708
- -
2,905

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.01
-0.17
0.21
- -
-0.03
2024
- -
0.15
0.6
- -
0.74
2025
-0.02
-0.19
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
0.4
- -
0.4
2024
- -
- -
- -
- -
- -
2025
- -
0.01
- -
- -
- -
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Business
First Copper Technology Co., Ltd. (2009.TW) manufactures and sells copper and copper alloy strips for electronics, semiconductor, and related industries. The company's core products include brass; phosphor bronze; copper alloys for lead frames; tin-plated copper alloys; environmental reflow tin plate; nickel silver; red brass; cupronickel; high-performance copper alloys for terminals; and special copper sheets for electronics parts, electrical appliances, switches, and military applications. It leverages production technology licensed from Mitsubishi Shindoh Co., Ltd. of Japan and maintains a monthly capacity of 2,000 tons from facilities including its head office and Lin-Hai plant in Kaohsiung City, Taiwan, with branches in Taipei and Taichung. Founded in 1969 and formerly known as First Copper & Iron Co., Ltd., the company is headquartered at No. 170, Chung Cheng 4th Road, Qianjin District, Kaohsiung City, Taiwan. First Copper Technology operates primarily in Taiwan, with sales extending internationally to China, Southeast Asia, and other markets. Its capital stands at NT$3.596 billion, and it employs approximately 248 people across metal manufacturing focused on high-quality copper strips. In recent years, the company has sustained steady financial performance, reporting third quarter 2025 earnings with EPS of NT$0.54 and releasing its 2024 financial statements in April 2025, alongside preparations for its 2025 annual general meeting in June. No major acquisitions, partnerships, funding rounds, or new product launches were publicly announced in 2024 or 2025; operations remain centered on core copper alloy production amid stable revenue growth to NT$2.99 billion TTM. The firm continues to prioritize quality supply to electronic and semi-conductive sectors without noted strategic shifts or reorganizations.