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Onano Industrial Corp.

Onano Industrial Corp.

6405.TW
Onano Industrial Corp.TW flagTaiwan Stock Exchange
76.50
TWD
+0.70
- -
5.03BMarket Cap
Onano Industrial Corp.
6405.TW
(Taiwan Stock Exchange)

Recent

price

76.50

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
17.69
17.69
31.15
33.2
28.94
18.96
12.96
13.07
11.85
9.08
6.71
8.21
5.7
3.18
2
- -
0.01
Revenue per Share
3.21
3.2
6.75
6.24
5.54
0.16
0.04
0.32
0.09
0.01
1.32
1.51
0.07
-1.31
-0.75
- -
-1.27
Basic EPS, GAAP
-1.26
-11.27
1.8
2.01
4.17
-5.08
2.79
-0.01
1.41
0.68
0.27
0.26
-3.02
-0.27
0.17
- -
-0.75
Free Cash Flow per Basic Share
- -
0.08
0.22
1.03
3
2
- -
0.2
0.5
0.5
0.5
0.6
2
0.1
0.1
- -
- -
Dividend per Share
13.97
8.09
14.26
19.61
20.04
17.65
17.68
17.79
17.34
17.24
18.47
32.02
28.01
26.82
26.06
- -
25.06
Book Value per Share
19.3
10.27
20.24
30.62
30.94
28.74
28.78
28.9
28.48
27.99
28.82
42.47
38.92
37.62
36.96
- -
40.93
Tangible Book Value per Share
21
57
60
61
66
66
66
66
66
66
66
66
66
66
66
- -
65
Basic Weighted Avg Shares
367
1,008
1,874
2,013
1,904
1,248
853
860
780
597
442
540
375
209
132
1
1
Sales/Revenue/Turnover
16.2
26.91
28.74
25.89
25.36
8.66
3
8.42
0.48
-0.86
-18.6
4.38
-17.5
-56.19
-79.36
-13,671.82
-13,671.82
Operating Margin (%)
18
46
82
130
166
165
123
131
131
126
97
80
85
66
57
37
37
Depreciation Expense
67
182
406
378
365
10
3
21
6
- -
87
100
4
-86
-49
-83
-83
Net Income, GAAP
18.1
24.92
22.99
27.97
27.53
80.87
81.29
13.94
64.3
- -
25.7
5.28
88
- -
- -
- -
- -
Effective Tax Rate (%)
18.17
18.09
21.68
18.79
19.15
0.83
0.34
2.43
0.72
0.07
19.73
18.43
1.19
-41.15
-37.54
-10,403.77
-10,403.77
Profit Margin (%)
235
190
409
795
792
745
761
732
700
1,399
1,160
1,892
1,654
1,525
654
570
570
Working Capital
26
577
425
323
297
744
688
626
564
498
128
98
68
- -
- -
- -
- -
LT Debt
400
585
1,218
1,857
2,036
1,891
1,894
1,902
1,874
1,842
1,896
2,795
2,561
2,476
2,432
2,666
2,666
Total Equity
- -
23.11
27.66
18.72
14.81
0.8
0.18
2.37
0.05
- -
-2.78
0.88
-0.27
- -
- -
- -
- -
Return on Invested Capital (%)
- -
25.47
34.78
27.15
23.18
0.64
0.26
1.58
0.5
- -
6.02
5.6
0.22
- -
- -
- -
- -
Return on Capital (%)
- -
48.6
61.63
36.95
29.07
0.84
0.25
1.79
0.48
0.04
7.42
6
0.23
-4.77
-2.84
-4.94
-4.94
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
66
66
Market Capitalization
1,624
1,694
1,798

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
615
608
583
Cash, Cash Equivalents & STI
601
596
570
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
19
13
13
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.39%
8.72%
9.64%
Free Cash Flow
-1,657.6%
-414.72%
-528.69%
Net Income, GAAP
1,982.16%
-417.5%
67.16%
Sales/Revenue/Turnover
-27.85%
-37.78%
-99.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
63
56
46
43
209
2024
39
43
31
18
132
2025
- -
- -
- -
- -
1

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.28
-0.16
-0.19
- -
-1.31
2024
-0.09
-0.16
-0.51
- -
-0.75
2025
-0.39
-0.53
-0.12
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.1
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
- -
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Business
Onano Industrial Corp. is a Taiwan-based company specializing in the manufacture and sale of slimmed opto-electronic glass and alloy materials. The company provides comprehensive services including slimming, polishing, and film coating for thin film transistor-liquid crystal displays (TFT-LCD), organic light-emitting diodes (OLED), and solar cell glass. Its products are primarily used in applications such as smartphones, tablets, and ultra-thin laptops, supporting the mainstream trend towards lighter and slimmer electronic devices. Onano serves its domestic market with cutting-edge processing techniques, proprietary chemical recipes, and strategic partnerships with major display manufacturers. Founded in 2004 and headquartered in Taoyuan City, Taiwan, Onano maintains leadership in opto-electronic glass thinning technology. In recent years, Onano has expanded its offerings by introducing low temperature co-fired ceramics (LTCC) facilities since 2019, alongside investing in new product development teams to support integrated circuit (IC) packaging services. The company continues to advance its next-generation glass slimming technology to meet the rapidly evolving demands of the opto-electronic industry. Operationally, Onano has focused on enhancing manufacturing capacity while maintaining sophisticated processing know-how. The company reported a challenging financial performance in 2025 but persists in strengthening its technological capabilities and market position within Taiwan’s opto-electronics sector. Onano Industrial operates within the opto-electronics and photovoltaic thin glass industry segments, targeting manufacturers of consumer electronics and solar products. The company holds a notable position as the first established firm in Taiwan dedicated to precise opto-electronic glass slimming processes, including etching and glass substrate polishing. It continues to support functional design and aesthetic improvements in final consumer devices by providing precision-thinned glass materials. The corporate governance team includes experienced leaders actively engaged in related technology and investment companies, reinforcing Onano’s strategic industrial connections. Overall, Onano Industrial Corp. offers a detailed product portfolio of slimmed opto-electronic glass products and ancillary processing services, backed by recent expansions into IC packaging technology and sustained innovation in glass thinning methods, with operations concentrated in Taiwan’s semiconductor and electronics supply chain ecosystem.