Sino-American Silicon Products Inc.

Sino-American Silicon Products Inc.

186.00
TWD
-13.00
(-6.53%)
20.80EPS
19.22P/E
110.55BMarket Cap
Nov 06Next 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
42.56
50.88
48.89
55
102.98
119.16
112.33
104.97
117.43
139.66
141.45
137.7
127.28
128.81
Basic EPS, GAAP
0.57
2.06
0.93
-2.77
1.8
3.36
3.86
10.82
11.62
14.87
16.99
9.24
6.71
9.37
Free Cash Flow per Basic Share
1.5
2.95
-5.24
-2.62
22.14
50.75
19.05
9.25
42.59
42.91
-30.67
-59.92
-28.75
-11.42
Dividend per Share
- -
0.96
1.81
1.5
1.49
3.03
3.02
5.01
15.53
14.59
15.09
9.66
12.66
9.44
Book Value per Share
34.98
36.03
40.01
36.38
46.75
46.12
45.49
48.04
48.68
54.37
56.77
79.08
80.52
83.25
Tangible Book Value per Share
33.72
34.83
38.79
28.66
39.97
39.86
39.99
43.27
43.52
42.22
46.58
69.48
67.11
69.94
Basic Weighted Avg Shares
522
547
578
574
577
581
583
585
586
586
579
579
614
614
Sales/Revenue/Turnover
22,215
27,821
28,269
31,599
59,371
69,239
65,510
61,397
68,841
81,871
81,966
79,679
78,171
79,068
Operating Margin (%)
2.83
5.2
7.91
0.13
10.65
19.18
20.63
24.3
26.26
31.04
22.72
20.22
13.8
12.12
Depreciation Expense
3,499
2,204
2,192
2,758
6,241
5,983
5,395
6,148
6,511
7,290
8,699
10,024
11,010
11,056
Net Income, GAAP
295
1,128
535
-1,589
1,036
1,951
2,248
6,326
6,811
8,716
9,844
5,346
4,118
5,750
Effective Tax Rate (%)
69.64
32.51
46.11
- -
31.35
35.16
36.12
21.72
26.68
22.41
27.58
21.2
21.61
17.73
Profit Margin (%)
1.33
4.06
1.89
-5.03
1.74
2.82
3.43
10.3
9.89
10.65
12.01
6.71
5.27
7.27
Working Capital
4,758
7,020
9,211
-1,758
12,769
27,107
25,005
20,134
55,997
72,449
13,886
25,482
39,475
25,178
LT Debt
4,373
3,809
2,546
16,357
5,034
2,040
- -
1,048
46,124
43,648
17,169
42,917
48,402
38,495
Total Equity
20,586
21,583
28,570
27,227
43,777
47,914
48,616
49,669
52,163
68,132
81,994
115,555
118,818
122,729
Return on Invested Capital (%)
0.72
3.46
3.75
- -
6.9
13.57
13.9
18.5
15.43
16.79
10.23
7.62
4.17
3.98
Return on Capital (%)
1.11
3.72
0.17
- -
-1.77
-7.51
-7.21
0.04
1.49
1.48
1.95
-0.03
- -
0.19
Return on Common Equity (%)
1.6
5.76
2.44
-7.24
4.31
7.22
8.4
23.08
24.03
28.86
30.95
13.31
8.4
12

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
39,789
45,297
45,743
LT Borrowings
48,402
34,432
38,495
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
614
614
614
Market Capitalization
65,409
66,023
110,551

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
109,602
99,540
105,677
Cash, Cash Equivalents & STI
79,648
68,610
73,407
Accounts Receivable, Net
13,089
13,387
13,770
Inventories
13,905
14,263
15,354
Total Current Liabilities
70,127
78,011
80,498
Payables & Accruals
- -
- -
- -
ST Debt
39,789
45,297
45,743
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.89%
19.95%
2.82%
Free Cash Flow
-74.33%
47.54%
-49.08%
Net Income, GAAP
-29.74%
-4.02%
-22.97%
Sales/Revenue/Turnover
13.11%
5.3%
-1.89%
Total Cash Common Dividend
- -
41.96%
39.19%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19,692
19,896
20,124
19,966
79,679
2025
19,373
20,231
19,084
19,483
78,171
2026
19,382
21,119
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.4
2.94
2.35
0.77
9.24
2025
1.19
1.17
1.71
2.63
6.71
2026
1.83
3.19
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.72
- -
11.49
-7.56
9.66
2025
5.04
0.03
7.26
0.34
12.66
2026
1.83
0.01
- -
- -
- -

Company Description

CEO
Hsiu Lan Hsu
Full Time Employees
1,466
Sector
Electronic technology
Industry
Semiconductors
Address
No.8, Industrial East Road 2 Hsinchu TQ Taiwan 30844
IPO Date
Mar 2, 2001
Business
Sino-American Silicon Products Inc. engages primarily in the manufacture and sale of semiconductor silicon wafers, high-performance solar cells, solar modules, solar bricks, and complete solar power systems. The company operates through vertically integrated segments including silicon ingots, polished and epitaxial silicon wafers, and sapphire wafers, offering comprehensive semiconductor and photovoltaic solutions. It serves global semiconductor manufacturers and renewable energy markets, with operations centered in Taiwan and expansion in international markets. Founded in 1981 and headquartered in Hsinchu, Taiwan, the company holds significant market share through its subsidiary GlobalWafers Co. Ltd., which stands as the world's third-largest semiconductor silicon wafer producer. Recent major developments include a 74:26 joint venture with Premier Energies Limited in India to establish a 2 GW per annum solar wafer manufacturing plant aimed at supporting India's Make-in-India solar initiative. Additionally, SAS is advancing its footprint in the green energy sector by investing NT$400 million in a renewable energy asset fund and restructuring its solar cell and solar power plant divisions into separate subsidiaries to enhance operational flexibility and resource efficiency. Sino-American Silicon Products has also accelerated its expansion into integrated semiconductor materials and equipment through strategic acquisitions within the last year. The company continues to optimize its operational model by spinning off its Solar Cell and Solar Power Plant divisions to fully owned subsidiaries Sustainable Sunrise Co., Ltd. and Sunrise PV Three Co., Ltd. Its broad product portfolio and strategic moves underscore its dual commitment to semiconductor wafer manufacturing excellence and an expanding role in renewable energy infrastructure globally. This comprehensive approach positions SAS as a leading technology and solution provider in both the semiconductor materials and green energy markets.