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ShineMore Technology Materials Co., Ltd.

ShineMore Technology Materials Co., Ltd.

8291.TWO
ShineMore Technology Materials Co., Ltd.TW flagTaipei Exchange
31.30
TWD
-1.70
- -
547.08MMarket Cap
ShineMore Technology Materials Co., Ltd.
8291.TWO
(Taipei Exchange)

Recent

price

31.30

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
158.48
117.66
69.88
63.19
56.97
53.58
62.05
74.5
54.57
38.81
21.34
16
7.79
2.9
0.65
- -
0.16
Revenue per Share
6.97
0.27
-10.76
-9.97
-8.31
-8.21
-3.95
-1.26
-6.24
-7.45
-5.34
-2.45
-4.65
-5.55
-4.53
- -
-1.95
Basic EPS, GAAP
10.63
4.1
-7.52
-11.21
4.37
-3.95
-1.6
-4.12
-2.36
0.08
8.06
-0.8
-2.65
-2.56
-1.91
- -
-1.28
Free Cash Flow per Basic Share
- -
4.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
80.75
84.11
64.16
54.87
46.75
38.32
34.04
32.72
26.83
19.22
14.06
12.95
8.42
2.95
6.93
- -
4.21
Book Value per Share
80.74
84.73
64.71
54.82
46.73
38.32
34.04
32.72
26.83
19.22
14.06
12.96
8.43
2.96
6.93
- -
4.22
Tangible Book Value per Share
9
9
10
10
10
10
10
10
10
10
10
13
13
13
16
- -
18
Basic Weighted Avg Shares
1,435
1,080
717
649
585
550
637
765
560
398
219
202
100
37
10
3
3
Sales/Revenue/Turnover
6.06
0.14
-14.03
-19.43
-14.94
-12.72
-5.93
0.08
-11.14
-13.89
-27.08
-17.25
-57.59
-177.16
-652.53
-1,045.02
-1,045.02
Operating Margin (%)
46
28
30
39
43
40
33
31
31
28
28
20
17
14
14
15
15
Depreciation Expense
63
2
-110
-102
-85
-84
-41
-13
-64
-77
-55
-31
-59
-71
-70
-34
-34
Net Income, GAAP
21.3
51.46
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
4.4
0.23
-15.39
-15.77
-14.59
-15.32
-6.36
-1.69
-11.43
-19.21
-25.01
-15.33
-59.63
-191.56
-694.22
-1,182.14
-1,182.14
Profit Margin (%)
481
512
346
231
150
113
136
171
139
18
19
48
3
-140
-77
-106
-106
Working Capital
100
97
118
126
92
88
125
146
163
94
120
109
129
44
25
15
15
LT Debt
731
778
665
563
480
393
349
336
275
197
144
164
108
38
108
74
74
Total Equity
7.16
0.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
6.94
0.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.1
0.32
-15.43
-16.74
-16.36
-19.3
-10.91
-3.77
-20.96
-32.38
-32.07
-20.13
-43.75
-97.69
-96.91
-37.58
-37.58
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
93
91
90
LT Borrowings
20
18
15
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
313
299
299

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
41
39
41
Cash, Cash Equivalents & STI
39
34
39
Accounts Receivable, Net
- -
1
1
Inventories
- -
- -
- -
Total Current Liabilities
134
139
148
Payables & Accruals
- -
- -
- -
ST Debt
93
91
90
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2%
13.66%
-31.36%
Free Cash Flow
1,061.36%
17.33%
-24.6%
Net Income, GAAP
28.26%
3.04%
-51.57%
Sales/Revenue/Turnover
-33.02%
-53.08%
-71.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
14
11
7
4
37
2024
4
4
1
1
10
2025
- -
- -
1
1
3

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-1.15
-1.26
-1.78
- -
-5.55
2024
-1.54
-1.05
-0.8
- -
-4.53
2025
-0.59
-0.48
-0.46
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
ShineMore Technology Materials Co., Ltd. manufactures, processes, and sells copper clad laminates (CCL) and related materials primarily for printed circuit boards in consumer electronics, home appliances, automobiles, high-speed computing, high-frequency communications, and cloud computing applications. The company offers FR-4 CCL; prepreg and bonding sheets including low-flow, halogen-free (such as SM-560 HF and SM-780F), high-CTI (SM-560-C HF and SM-630), and lead-free variants; metal CCL; aluminum substrates; and unclad FR-4 materials like SM-700. Founded in 1997 and headquartered at No. 208, Sec. 2, Binhai Rd., Dayuan District, Taoyuan City, Taiwan, ShineMore operates with approximately 19-20 employees and distributes products domestically and to overseas markets including Asia and Japan. Daito Me Holdings Co., Ltd. and its wholly owned subsidiary Daito Me Co., Ltd. completed the acquisition of a 51.6% stake in ShineMore, with Sasaki Beji of Daito Me serving as chairman and general manager, and Okuyama Issumboshi of Daito Me Holdings as a director; this strategic ownership change reflects ongoing integration reported in recent financial disclosures through mid-2025, amid declining revenues to NT$10.14 million in 2024.