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Ushine Photonics Corporation

Ushine Photonics Corporation

TTPEX:3678
46.00
TWD
-1.00
(-2.13%)
1.38BMarket Cap
Ushine Photonics Corporation
TPEX:3678
(Taipei Exchange)

Recent

price

46.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
4.15
8.43
8.81
8.76
8.5
10.39
10
9.8
7.65
14.51
9.91
14
20.66
8.51
13.6
17.1
- -
Revenue per Share
-1.63
-2.64
-3.88
-1.4
-0.72
0.04
0.01
- -
-0.69
0.01
0.02
1.79
7.62
0.93
2.56
2.78
- -
Basic EPS, GAAP
-12.34
-2.71
-4.73
-2.21
-0.57
1.91
0.1
-0.29
1.2
-0.85
0.88
0.79
5.08
1.59
0.57
1.68
- -
Free Cash Flow per Basic Share
0.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.59
2.5
1
1.2
- -
Dividend per Share
17.6
15.03
11.22
9.85
9.14
9.18
9.18
9.78
9.11
9.11
9.13
10.98
20.94
19.43
21.38
22.97
23.61
Book Value per Share
17.47
14.85
11.1
9.78
9.12
9.17
9.17
9.76
9.09
9.08
9.05
10.91
20.8
19.33
21.3
22.92
23.57
Tangible Book Value per Share
18
18
18
18
18
18
18
18
21
14
20
22
24
26
26
26
26
Basic Weighted Avg Shares
73
150
157
156
151
185
178
175
157
199
197
306
493
220
353
452
- -
Sales/Revenue/Turnover
-38.22
-29.52
-40.66
-12.9
-5.37
1.41
0.5
3.26
-9.05
1.64
3.53
15.06
35.87
3.73
16.87
23.81
- -
Operating Margin (%)
11
18
26
26
30
29
33
31
31
28
27
31
38
46
38
40
- -
Depreciation Expense
-29
-47
-69
-25
-13
1
- -
- -
-14
- -
- -
39
182
24
66
73
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.74
20.67
23.91
21.49
- -
Effective Tax Rate (%)
-39.3
-31.36
-44.01
-16.02
-8.48
0.38
0.05
0.05
-9.04
0.07
0.21
12.77
36.86
10.92
18.8
16.24
- -
Profit Margin (%)
85
31
-51
-45
-64
-79
-80
-21
-32
150
165
194
397
377
381
356
349
Working Capital
121
124
163
186
151
109
77
77
69
223
217
205
191
196
189
150
140
LT Debt
314
268
200
175
163
163
164
201
187
187
188
274
542
503
565
607
624
Total Equity
- -
- -
- -
- -
- -
0.6
0.22
1.39
- -
0.81
1.58
9.34
23.69
0.83
5.64
9.96
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
1.47
1.31
1.24
- -
1.12
1.05
8.74
27.76
3.69
8.92
9.35
- -
Return on Capital (%)
-8.83
-16.2
-29.55
-13.31
-7.59
0.43
0.06
0.05
-7.32
0.08
0.22
16.97
44.56
4.61
12.4
12.53
- -
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
82
74
69
LT Borrowings
166
150
138
LT Finance Leases
- -
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
1,048
1,017
1,377

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
513
496
539
Cash, Cash Equivalents & STI
344
314
311
Accounts Receivable, Net
102
114
136
Inventories
59
62
76
Total Current Liabilities
184
140
190
Payables & Accruals
- -
- -
- -
ST Debt
82
74
69
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.29%
31.32%
7.42%
Free Cash Flow
-80.08%
134.08%
200.96%
Net Income, GAAP
-745.94%
1,949.8%
10.78%
Sales/Revenue/Turnover
15.92%
29.79%
28.2%
Total Cash Common Dividend
- -
- -
22.42%

Semi-annual Revenue

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
353
2025
- -
- -
452
2026
- -
- -
- -

Semi-annual Earnings Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.56
2025
- -
- -
2.78
2026
- -
- -
- -

Semi-annual Dividends Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1
2025
- -
- -
1.2
2026
- -
- -
- -
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Business
Ushine Photonics Corporation (3678.TWO), founded in 2001 and headquartered in Zhubei City, Hsinchu, Taiwan, develops, designs, manufactures and sells indium tin oxide (ITO) conductive thin films and related transparent conductive film products utilizing proprietary roll-to-roll sputtering technologies. The company offers ITO-films for resistive touch panels; ITO-films for projected capacitive touch panels; low resistivity transparent conductive oxide (TCO) films; and optical transparent conductive films serving as key components for touch panels, displays, flexible displays, dimmable windows and flexible solar cells, with primary markets in Taiwan, Mainland China and the United States. Ushine Photonics operates as a key supplier in the optoelectronics industry with approximately 60 employees and focuses on material analysis, vacuum coater design and reactive sputtering processes to support touch panel and emerging display applications.