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    Chemicals - Specialty
Ways Technical Corp., Ltd.

Ways Technical Corp., Ltd.

3508.TWO
Ways Technical Corp., Ltd.TW flagTaipei Exchange
18.65
TWD
+0.55
- -
1.93BMarket Cap
Ways Technical Corp., Ltd.
3508.TWO
(Taipei Exchange)

Recent

price

18.65

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
30.61
73.98
62.78
45.59
37.33
28.32
10.98
14.15
12.13
10.42
9.6
13.48
12.14
7.63
6.39
- -
8.11
Revenue per Share
1.03
9.09
5.02
-1.36
-7.66
-4.97
-6.56
0.55
-0.96
-3.41
-1.71
-0.92
-2.04
-1.95
-1.65
- -
-1.53
Basic EPS, GAAP
-2.88
4.89
10.73
4.88
-10.38
-1.13
-1.57
3.42
-0.9
-1.81
-8.03
-1.72
1.4
-1.02
-0.96
- -
-0.99
Free Cash Flow per Basic Share
- -
0.73
4.5
4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.2
19.67
19.47
15.59
7.92
2.98
-3.56
-2.6
-2.61
-5.95
-7.64
-8.45
-10.43
-12
-13.54
- -
-15
Book Value per Share
30.97
38.6
38.68
34.16
28.12
21.98
15.71
15.64
17
13.52
11.35
10.22
8.29
7.07
5.49
- -
4.1
Tangible Book Value per Share
92
92
92
92
92
92
92
92
95
98
97
99
99
101
102
- -
102
Basic Weighted Avg Shares
2,809
6,789
5,761
4,184
3,426
2,598
1,008
1,299
1,148
1,016
934
1,334
1,207
770
649
828
828
Sales/Revenue/Turnover
5.05
14.69
9.75
-4.14
-19.54
-13.17
-48.42
2.75
-22.24
-31.42
-38.08
-11.43
-17.6
-33.35
-39.06
-22.25
-22.25
Operating Margin (%)
135
163
187
184
172
191
159
121
138
149
148
130
108
95
89
84
84
Depreciation Expense
95
834
461
-124
-703
-456
-602
50
-91
-332
-166
-91
-203
-197
-167
-156
-156
Net Income, GAAP
18.53
20.17
21.69
- -
- -
- -
- -
1.85
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
3.37
12.29
8
-2.97
-20.52
-17.56
-59.68
3.85
-7.9
-32.72
-17.81
-6.82
-16.81
-25.58
-25.76
-18.8
-18.8
Profit Margin (%)
1,746
2,467
2,304
1,742
837
719
566
64
296
-66
-233
-188
-341
-621
-668
-833
-833
Working Capital
25
21
17
13
76
87
67
- -
47
131
652
631
558
564
635
602
602
LT Debt
2,853
3,554
3,559
3,146
2,597
2,035
1,449
1,468
1,639
1,334
1,119
1,012
825
720
563
422
422
Total Equity
3.6
21.99
10.82
- -
- -
- -
- -
2.14
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
5.23
44.51
20.81
- -
- -
- -
- -
-66.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.64
58.89
25.67
-7.74
-65.18
-91.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
220
219
233
LT Borrowings
543
532
520
LT Finance Leases
44
42
82
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
103
103
Market Capitalization
1,803
2,551
2,438

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
847
748
777
Cash, Cash Equivalents & STI
455
423
425
Accounts Receivable, Net
245
185
199
Inventories
122
111
125
Total Current Liabilities
1,557
1,502
1,610
Payables & Accruals
- -
- -
- -
ST Debt
220
219
233
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.82%
-17.53%
-25.04%
Free Cash Flow
-39.23%
-87.26%
3.52%
Net Income, GAAP
-8.86%
10.55%
-6.93%
Sales/Revenue/Turnover
-5.45%
1.8%
27.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
206
205
179
180
770
2024
151
154
146
198
649
2025
227
238
178
185
828

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.36
-0.57
-0.39
- -
-1.95
2024
-0.36
-0.46
-0.59
- -
-1.65
2025
-0.41
-0.51
-0.22
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Ways Technical Corp., Ltd. (3508.TWO) manufactures and processes plastic daily necessities, surface treatment products, and electronic components for computer, communication, and consumer electronics (3C) applications; it provides electronics molding, processing, and assembly services including tooling center with quick design for manufacturability review and experienced tool making, plastics and metal center for injection molding and stamping, surface treatment center for painting and plating such as sputtering, and assembly center services; the company also develops organic photovoltaics as third-generation photovoltaics, miniature super-capacitors, plumbing and coating materials, cell phone panels, molds, hardware products, and electronic materials. Ways Technical operates through Taiwan Business Group and China Business Group segments, serving markets in Taiwan, China, and internationally with a focus on handheld devices, mobile phones, smart wearables, and related industries; it maintains subsidiaries including Megapower Precision Industrial Corp. for plastic products manufacturing, AQUAWAYS Corp. Ltd. for daily necessities, water filter materials, and plastic coating, WAYS (DongGuan) Electronic Technical Co. for mobile phone panels, molds, plastics, metals, and components, Shanghai Zhuzhijia Electronics Technology Co., Ltd. for 3C metal stamping parts, and Nanobit Tech. Co., Ltd. for machinery equipment, electronic components, installation, wholesale, international trade, and intellectual property. Founded on September 4, 2001 and headquartered in Taoyuan City, Taiwan at No. 26 Gaoqing Rd, Yangmei District, the company listed on the Taipei Exchange in 2005 and emphasizes research into advanced plastic surface decorating techniques for electronic communication products. No major acquisitions, partnerships, funding rounds, new product launches, or strategic shifts appear in recent public records for 2024-2025.