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  2. •

    Utilities

  3. •

    Electric utilities
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
Giga Solar Materials Corp.
TPEX:3691
(Taipei Exchange)

Recent

price

109.00

P/E

ratio

55.37

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
46.19
47.95
55.18
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
Revenue per Share
18.39
16.22
9.52
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
Basic EPS, GAAP
10.32
13.93
3.78
-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
Free Cash Flow per Basic Share
1.73
13.35
13.87
3.82
4.78
14.34
19.12
14.43
4.78
- -
1.91
1.85
- -
- -
- -
- -
- -
Dividend per Share
49.77
49.63
46.98
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
Book Value per Share
49.76
49.59
46.96
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
Tangible Book Value per Share
58
64
63
64
64
64
64
63
63
64
66
70
81
92
92
92
92
Basic Weighted Avg Shares
2,677
3,048
3,479
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
Sales/Revenue/Turnover
47.5
36.06
20.39
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
Operating Margin (%)
24
49
73
89
104
167
230
268
289
328
286
301
293
336
343
341
376
Depreciation Expense
1,066
1,031
600
619
1,494
2,415
1,611
-209
-954
189
200
-375
-495
-811
-516
-700
251
Net Income, GAAP
9.72
10.18
11.63
14.66
13.81
19.33
24.44
- -
- -
135.43
46.21
- -
- -
- -
- -
- -
32.92
Effective Tax Rate (%)
39.82
33.82
17.25
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
Profit Margin (%)
3,002
2,792
2,543
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
Working Capital
- -
- -
71
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
LT Debt
3,170
3,199
3,016
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
Total Equity
57.94
29.92
19.21
17.69
20.79
22.23
11.11
- -
- -
-0.48
1.07
- -
- -
- -
- -
- -
0.95
Return on Invested Capital (%)
56.08
32.63
19.54
17.81
24.96
23.69
12.73
- -
- -
2.28
3.56
- -
- -
- -
- -
- -
2.42
Return on Capital (%)
57.31
32.56
19.5
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.