Alliance Material Co., Ltd.

Alliance Material Co., Ltd.

TTPEX:3595
919.00
TWD
-79.00
(-7.92%)
2.74EPS
698.71P/E
78.00BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
31.06
29.38
41.51
20.24
16.2
17.16
19.41
19.68
19.22
11.26
6.49
5.16
12.67
7.43
Basic EPS, GAAP
0.48
0.18
-5.23
0.45
-0.31
1.13
1.02
1.3
1.79
0.83
0.14
-1.06
3.68
2.74
Free Cash Flow per Basic Share
-1.43
1.82
0.12
3.03
2.6
-2.68
2.49
3.86
-4.11
-1.12
-1.34
-2.29
4.07
-0.03
Dividend per Share
- -
0.23
- -
- -
- -
- -
- -
0.51
1.1
1.44
0.48
0.33
- -
- -
Book Value per Share
8.23
8.34
4.82
7.09
6.77
7.9
8.82
9.6
11.48
12.45
11.98
10.79
17.01
19.24
Tangible Book Value per Share
8.2
8.31
4.81
7.08
6.73
7.86
8.79
9.58
11.44
12.41
11.92
10.73
16.93
19.16
Basic Weighted Avg Shares
41
40
28
28
28
28
28
29
30
34
34
32
39
45
Sales/Revenue/Turnover
1,258
1,173
1,174
572
458
485
552
567
568
380
223
167
499
333
Operating Margin (%)
1.36
1.45
-11.98
-1
-0.45
5.83
5.47
6.91
9.88
5.72
2.31
-21.67
35.04
44.78
Depreciation Expense
34
30
23
9
7
6
18
14
14
20
15
14
20
11
Net Income, GAAP
20
7
-148
13
-9
32
29
38
53
28
5
-34
145
123
Effective Tax Rate (%)
2.69
40.42
- -
- -
- -
9.77
9.2
- -
6.93
9.31
36.57
- -
16.53
19.13
Profit Margin (%)
1.56
0.6
-12.6
2.22
-1.93
6.56
5.26
6.63
9.29
7.34
2.14
-20.62
29.01
36.92
Working Capital
214
221
122
162
156
188
211
242
108
112
13
111
262
347
LT Debt
- -
3
- -
- -
- -
- -
4
- -
4
6
2
171
1
1
Total Equity
334
339
192
203
191
223
254
283
343
430
408
368
692
783
Return on Invested Capital (%)
2.94
1.7
- -
- -
- -
12.39
10.82
12.46
12.28
3.93
0.62
- -
22.19
15.66
Return on Capital (%)
5.22
2.53
- -
- -
- -
12.58
10.65
12.18
12.89
5.77
0.95
- -
22.66
16.58
Return on Common Equity (%)
6.09
2.11
-55.69
6.45
-4.5
15.34
12.17
14
16.87
7.22
1.14
-8.85
27.34
16.65

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
10,361
54,770
78,001

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
380
445
533
Cash, Cash Equivalents & STI
223
260
294
Accounts Receivable, Net
111
119
168
Inventories
39
58
58
Total Current Liabilities
118
144
186
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.16%
24%
88.34%
Free Cash Flow
148.08%
-102.24%
-316.42%
Net Income, GAAP
-214.84%
-286.31%
-521.96%
Sales/Revenue/Turnover
5.16%
20.09%
199.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
167
2025
64
92
- -
- -
499
2026
131
202
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-1.06
2025
0.01
0.39
- -
- -
3.68
2026
1.06
1.63
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.33
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shih Cheng Chang
Full Time Employees
97
Sector
Consumer durables
Industry
Electronics/Appliances
Address
No. 1, Alley 15 Zhonghe Street Zhubei Taiwan 302
IPO Date
Nov 16, 2007
Business
Alliance Material Co., Ltd. (3595.TWO) manufactures and sells optical films, adhesive tapes, and functional materials for optoelectronics, semiconductor packaging, testing, and precision manufacturing applications. The company produces light-shielding and reflection tapes; cool release films, thermal release tapes, and UV cutting tapes; semiconductor products including back-grinding tapes, dicing tapes, die-attach films, chip probe (CP) materials, final test (FT) materials, and warpage control materials for wafer level packaging (WLP) and fan-out panel level packaging (FOPLP); protection films such as PU and antistatic UV release films; foam tapes; and optical glues encompassing photo-curable adhesives, high-refractive index UV release adhesives, and resins for optical structures; while providing precision die cutting, laminating, slitting, rewinding, coil processing, and multi-layer film composite services. Alliance Material operates primarily in Taiwan with facilities in Hsinchu County and a plant in Dongguan, Guangdong Province, China, targeting customers in LCD backlight, touch panel, OLED sensor, LED manufacturing, and advanced semiconductor processes. Founded in 1995 and headquartered in Zhubei City, Hsinchu County, Taiwan, the company went public in 2007 and recently completed a self-built semiconductor materials factory in Zhubei in March 2024, commenced mass production of AI FT test materials in March 2024 and CP materials for AI applications in May 2025, began mass production of warpage control materials for WLP in June 2025, and presented FOPLP warpage control solutions at Touch Taiwan in April 2025.