Keystone Microtech Co.

Keystone Microtech Co.

TTPEX:6683
1,185.00
TWD
-70.00
(-5.58%)
22.40EPS
76.01P/E
47.54BMarket Cap
Nov 09Next Earn
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
- -
29.11
28.99
23.87
26.31
31.28
45.38
54.72
56.48
52.05
64
78.59
90.14
Basic EPS, GAAP
- -
10.41
7.34
4.39
5.94
7.85
12.34
15.5
15.01
13.07
17.69
15.42
22.7
Free Cash Flow per Basic Share
- -
8.88
-0.51
-0.92
2.27
7.01
7.33
10.1
13.05
16.95
-2.03
19.76
22.57
Dividend per Share
- -
1.98
0.83
1.81
2
3.08
4
5.5
7.8
7.54
6.57
10.08
- -
Book Value per Share
17.07
24.24
30.33
35.32
39.26
49.89
58.23
68.69
75.71
81.66
93
98.81
102.61
Tangible Book Value per Share
16.83
23.75
29.6
34.59
38.81
49.38
57.36
68.11
75.38
81.47
92.35
98.14
101.82
Basic Weighted Avg Shares
25
21
23
23
25
26
27
27
27
27
27
27
27
Sales/Revenue/Turnover
- -
610
668
554
648
824
1,229
1,482
1,529
1,410
1,736
2,136
2,452
Operating Margin (%)
- -
43.51
32.21
25.28
27.15
31.22
36.12
36
29.4
30.26
28.77
24.9
26.89
Depreciation Expense
- -
7
15
20
28
39
49
58
69
68
69
85
91
Net Income, GAAP
- -
218
169
102
146
207
334
420
406
354
480
419
617
Effective Tax Rate (%)
- -
19.96
21.23
20.55
20.44
18.13
19.09
20.32
20.76
19.99
17.87
21.13
20.89
Profit Margin (%)
- -
35.74
25.32
18.39
22.58
25.1
27.18
28.33
26.58
25.12
27.64
19.62
25.18
Working Capital
300
447
471
490
534
919
1,085
1,342
1,559
1,746
1,600
1,787
1,898
LT Debt
- -
- -
- -
- -
- -
- -
3
2
3
3
5
8
4
Total Equity
420
597
747
870
967
1,351
1,577
1,860
2,061
2,223
2,547
2,714
2,828
Return on Invested Capital (%)
- -
39.42
23.78
13.46
15.02
18.03
23.32
24.1
17.55
15.46
16.66
15.8
19.66
Return on Capital (%)
- -
42.83
25.15
12.61
15.93
17.84
22.76
24.35
20.67
16.49
20.05
15.87
23.5
Return on Common Equity (%)
- -
42.84
25.15
12.61
15.93
17.86
22.82
24.43
20.73
16.54
20.12
15.93
23.58

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
8
7
LT Borrowings
- -
- -
- -
LT Finance Leases
8
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
28
28
Market Capitalization
11,413
37,753
47,536

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,416
2,628
2,813
Cash, Cash Equivalents & STI
1,470
1,696
1,606
Accounts Receivable, Net
309
300
498
Inventories
605
585
663
Total Current Liabilities
629
669
915
Payables & Accruals
- -
- -
- -
ST Debt
8
8
7
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.69%
11.55%
6.55%
Free Cash Flow
-123.73%
-217.74%
-1,073.58%
Net Income, GAAP
11.67%
6.49%
-12.67%
Sales/Revenue/Turnover
14.79%
12.43%
23.03%
Total Cash Common Dividend
29.91%
23.39%
53.63%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
381
392
451
512
1,736
2025
454
546
556
580
2,136
2026
665
652
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.42
3.92
4
5.35
17.69
2025
3.75
1.21
5.11
5.33
15.42
2026
6.24
6.01
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.57
2025
- -
- -
- -
- -
10.08
2026
- -
- -
- -
- -
- -

Company Description

CEO
An Hsuan Liu
Full Time Employees
310
Sector
Electronic technology
Industry
Electronic components
Address
No.431, Zhuangjing N. Rd. Zhubei HSQ Taiwan 302
IPO Date
May 28, 2018
Business
Keystone Microtech Corporation operates as a semiconductor equipment and service provider specializing in integrated circuit (IC) testing solutions. The company manufactures and sells core products including load boards, probe cards, test modules, burn-in boards, and FPGA evaluation boards, which are crucial for front-end and back-end IC testing processes. Keystone Microtech customizes probe card products tailored to customer specifications, supporting high pin counts and a range of advanced semiconductor applications such as cell phone processors, power management chips, mmWave RF, high-performance computing, WiFi networking, and AI chips. In addition to hardware, the company offers technical services including signal integrity simulation, power integrity simulation, and thermal simulation to support system verification and IC reliability validation. Established in 2006 and headquartered in Zhubei City, Taiwan, Keystone operates domestically and internationally, serving a broad customer base in the semiconductor industry. Recent strategic developments include the acquisition of subsidiary Relight Technologies Co., Ltd. through a corporate merger in 2020, the establishment of a U.S. subsidiary, KSMT USA Corporation, in March 2024, and the launch of a sub-subsidiary, Shanghai Xincheng Technology Co., Ltd., in March 2023 to expand its geographic footprint and operational capabilities. Keystone has also enhanced its product offerings by launching a total solution integrating probe cards, substrates, and probe heads, and advanced FPGA development platforms to improve product quality and competitiveness. These moves reflect the company's strategic expansion in technology innovation and global market presence while maintaining compliance with international quality standards such as ISO 9001, ISO 45001, and ISO 14001. Keystone Microtech's solutions primarily serve semiconductor manufacturers engaged in consumer electronics, industrial, and communications sectors, contributing to the overall semiconductor supply chain reliability and performance.