1. Taiwan, Province of China Stocks

  2. •

    Industrials

  3. •

    Industrial - Pollution & Treatment Controls
Waste Recovery Technology Inc.

Waste Recovery Technology Inc.

6894.TWO
Waste Recovery Technology Inc.TW flagTaipei Exchange
357.00
TWD
+4.50
- -
8.50BMarket Cap
Waste Recovery Technology Inc.
6894.TWO
(Taipei Exchange)

Recent

price

357.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
22.94
30.36
37.37
40.34
37.44
41.18
- -
57.92
Revenue per Share
- -
4.5
6.48
8.55
9.32
7.86
8.5
- -
10.99
Basic EPS, GAAP
- -
1.61
2.7
5.84
12.81
2.84
6.22
- -
3.38
Free Cash Flow per Basic Share
- -
1.62
2.08
2.5
6.12
6.89
6.5
- -
- -
Dividend per Share
- -
19.75
23.05
28.56
30.11
30.93
28.1
- -
31.56
Book Value per Share
- -
30.45
34
41.07
50.11
70.01
63.72
- -
68.28
Tangible Book Value per Share
- -
19
19
19
20
21
24
- -
24
Basic Weighted Avg Shares
- -
424
581
717
807
776
980
1,379
1,379
Sales/Revenue/Turnover
- -
30.17
29.88
31.51
29.11
27.49
26.42
27.14
27.14
Operating Margin (%)
- -
28
36
56
67
70
79
82
82
Depreciation Expense
- -
83
124
164
186
163
202
262
262
Net Income, GAAP
- -
27.11
23.89
24.6
23.57
25.57
25.77
27.42
27.42
Effective Tax Rate (%)
- -
19.63
21.36
22.88
23.1
20.99
20.65
18.97
18.97
Profit Margin (%)
268
371
397
466
760
1,197
1,127
1,222
1,222
Working Capital
- -
- -
- -
4
2
1
3
- -
- -
LT Debt
388
563
651
787
1,004
1,451
1,517
1,626
1,626
Total Equity
- -
19.05
21.19
22.9
19.4
12.62
12.68
16.87
16.87
Return on Invested Capital (%)
- -
22.73
27.81
29.45
29.79
24.07
28.09
33.44
33.44
Return on Capital (%)
- -
24.79
30.78
33.15
32.43
26.2
30.91
36.84
36.84
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
2
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
3,979
4,856
5,213

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,499
1,597
1,607
Cash, Cash Equivalents & STI
739
816
794
Accounts Receivable, Net
438
461
452
Inventories
193
182
185
Total Current Liabilities
449
402
385
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.93%
7.19%
Free Cash Flow
- -
54.9%
-45.6%
Net Income, GAAP
- -
17.31%
29.2%
Sales/Revenue/Turnover
- -
19.8%
40.66%
Total Cash Common Dividend
- -
41.05%
4.62%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
177
155
194
250
776
2024
222
211
244
303
980
2025
322
345
351
361
1,379

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.84
1.63
2.21
- -
7.86
2024
2.28
2.26
2.04
- -
8.5
2025
2.61
2.31
3.23
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
6.89
2024
- -
- -
- -
- -
6.5
2025
- -
- -
- -
- -
- -
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Business
Waste Recovery Technology Inc. (6894.TWO) provides specialized wastewater treatment and metal recovery solutions primarily for the electronics manufacturing industry, focusing on copper-containing waste from printed circuit board (PCB), TFT-LCD, and semiconductor production; the company offers RecoCell electrowinning systems for customized wastewater treatment and metal recovery, dimensionally stable anodes for copper plating including platinum titanium variants, solvent-extraction systems for copper wastewater, PCB on-line electrowinning recycling systems for acid etching processes, alkaline etching solution recycling systems for copper ion extraction and separation, as well as automatic continuous extraction/regeneration/electrolysis copper processing systems, alongside related services such as engineering planning, design, construction, operation under its pioneering BOO (Build-Operate-Own) revenue-sharing model, technical consultation, repair, maintenance, waste disposal, equipment rental, R&D, manufacturing of environmental protection equipment, commercial wholesale/import/export of sewage treatment equipment and spare parts, and sales of recovered metal products. Founded in 2001 and headquartered at 12F-1, No.186, Dadun 19th St., Xitun Dist., Taichung City, Taiwan, the company operates principally in Taiwan with subsidiaries and service points in China (Kunshan/Shenzhen) and Southeast Asia (Vietnam/Thailand), targeting electronics factories seeking economical, sustainable zero-secondary-waste processes with low carbon emissions and cradle-to-cradle copper reuse capabilities. In 2022, Waste Recovery Technology completed its initial public offering on the Taiwan Stock Exchange, marking a key milestone in its pursuit of robust corporate governance and sustainable growth under its "Research, Innovation, Unique, Novel" culture; the firm continues to report strong financial performance, with third-quarter 2025 sales reaching TWD 351.14 million and nine-month net income of TWD 193.98 million, reflecting ongoing demand for its core electrowinning and recovery technologies.