Giga Solar Materials Corp.

Giga Solar Materials Corp.

TTPEX:3691
109.00
TWD
+9.80
(+9.88%)
3.01EPS
55.37P/E
13.96BMarket Cap
Nov 12Next Earn
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
76.31
151.98
248.1
232.56
152.66
131.61
122.21
134.15
108.52
70.11
32.2
69.16
63.26
96.46
Basic EPS, GAAP
9.75
23.47
37.91
25.26
-3.3
-15.14
2.93
3.04
-5.34
-6.14
-8.82
-5.61
-7.62
2.74
Free Cash Flow per Basic Share
-8.55
-32.76
-7.17
17.4
-36.98
5.12
10.56
15.26
3.7
-9.5
-10.73
-29.14
-9.11
-25.44
Dividend per Share
3.82
4.78
14.34
19.12
14.43
4.78
- -
1.91
1.85
- -
- -
- -
- -
- -
Book Value per Share
54.48
77.61
102.05
109.64
88.55
69.25
71.92
77.75
80.75
82.58
72.26
69.78
62.93
65.92
Tangible Book Value per Share
54.48
77.6
102.05
108.78
87.81
66.11
69.08
71.54
75.57
78.15
68.09
66.21
59.24
62.14
Basic Weighted Avg Shares
64
64
64
64
63
63
64
66
70
81
92
92
92
92
Sales/Revenue/Turnover
4,851
9,679
15,801
14,834
9,676
8,292
7,876
8,835
7,632
5,655
2,958
6,355
5,812
8,832
Operating Margin (%)
15.58
15.71
19.11
14.76
-0.12
0.22
2.2
2.82
-3.5
-6.15
-34.41
-10.53
-7.65
1.6
Depreciation Expense
89
104
167
230
268
289
328
286
301
293
336
343
341
376
Net Income, GAAP
619
1,494
2,415
1,611
-209
-954
189
200
-375
-495
-811
-516
-700
251
Effective Tax Rate (%)
14.66
13.81
19.33
24.44
- -
- -
135.43
46.21
- -
- -
- -
- -
- -
32.92
Profit Margin (%)
12.77
15.44
15.28
10.86
-2.16
-11.5
2.4
2.27
-4.92
-8.76
-27.4
-8.12
-12.04
2.85
Working Capital
2,083
5,414
6,506
6,444
4,560
3,049
3,693
1,959
3,096
3,188
2,528
4,224
3,556
3,636
LT Debt
133
2,602
3,212
4,570
4,913
3,701
3,945
1,946
2,213
1,551
1,801
3,321
3,438
3,541
Total Equity
3,489
4,952
6,950
7,608
6,701
5,220
5,359
5,791
7,011
8,532
7,478
6,952
6,837
7,164
Return on Invested Capital (%)
17.69
20.79
22.23
11.11
- -
- -
-0.48
1.07
- -
- -
- -
- -
- -
0.95
Return on Capital (%)
17.81
24.96
23.69
12.73
- -
- -
2.28
3.56
- -
- -
- -
- -
- -
2.42
Return on Common Equity (%)
19.17
35.53
42.2
23.88
-3.33
-19.19
4.15
3.99
-6.41
-7.08
-11.39
-7.9
-11.48
4.23

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,225
1,466
1,890
LT Borrowings
3,140
3,101
3,123
LT Finance Leases
298
295
418
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
92
92
92
Market Capitalization
7,378
9,510
13,959

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,479
5,913
6,126
Cash, Cash Equivalents & STI
1,472
1,280
1,114
Accounts Receivable, Net
1,919
2,002
2,451
Inventories
1,058
1,817
1,551
Total Current Liabilities
1,924
2,177
2,491
Payables & Accruals
- -
- -
- -
ST Debt
1,225
1,466
1,890
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.79%
4.35%
-1.66%
Free Cash Flow
-94.6%
-67.35%
-68.74%
Net Income, GAAP
-9.7%
-38.52%
35.7%
Sales/Revenue/Turnover
-2.9%
3.81%
-8.54%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,520
2,269
1,725
840
6,355
2025
891
1,238
1,514
2,169
5,812
2026
2,507
2,643
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
-0.17
-1.85
-4.09
-5.61
2025
-1
-6.01
-1.14
0.53
-7.62
2026
2.97
0.38
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Wen Jui Huang
Full Time Employees
238
Sector
Utilities
Industry
Electric utilities
Address
No. 3, Gongye 1st Road Hsinchu TPE Taiwan 30351
IPO Date
Oct 12, 2009
Business
Giga Solar Materials Corp. (3691.TWO) manufactures and sells conductive pastes for photovoltaic cells and electronic components. The company produces front silver paste, rear silver paste, and rear aluminum paste for solar cells; conductive adhesives, functional glass pastes, and insulating pastes for electronic components including semiconductor packaging, automotive electronics, 5G telecommunications, low-orbit satellites, industrial applications, medical devices, IoT, power management, green energy, computer peripherals, and consumer electronics. Giga Solar operates globally with sales in Asia, Europe, and the United States, and maintains subsidiaries in Suzhou, China, and Southern Taiwan Science Park. Founded in 2003 as the solar energy materials chemical division of Gigastorage Corp. and renamed Giga Solar Materials Corp. in November 2008, the company is headquartered at No. 3, Gongye 1st Road, 1st Floor, Hsinchu Industrial Park, Hsinchu City, Taiwan. In November 2024, Giga Solar entered a strategic memorandum of understanding with U.S.-based Solidion Technology Inc. to develop and commercialize silicon oxide (SiOx) anode materials for batteries, aiming to accelerate U.S. manufacturing, reduce production costs, and strengthen the North American lithium battery supply chain with support from prior Foxconn investments.