ShineMore Technology Materials Co., Ltd.

ShineMore Technology Materials Co., Ltd.

TTPEX:8291
23.20
TWD
+2.10
(+9.95%)
-1.78EPS
725.34MMarket Cap
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
63.19
56.97
53.58
62.05
74.5
54.57
38.81
21.34
16
7.79
2.9
0.65
0.16
0.26
Basic EPS, GAAP
-9.97
-8.31
-8.21
-3.95
-1.26
-6.24
-7.45
-5.34
-2.45
-4.65
-5.55
-4.53
-1.95
-1.78
Free Cash Flow per Basic Share
-11.21
4.37
-3.95
-1.6
-4.12
-2.36
0.08
8.06
-0.8
-2.65
-2.56
-1.91
-1.28
-0.88
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
54.87
46.75
38.32
34.04
32.72
26.83
19.22
14.06
12.83
8.43
2.96
6.16
4.23
3.32
Tangible Book Value per Share
54.82
46.73
38.32
34.04
32.72
26.83
19.22
14.06
12.83
8.43
2.96
6.16
4.23
3.32
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
13
13
13
16
17
17
Sales/Revenue/Turnover
649
585
550
637
765
560
398
219
202
100
37
10
3
5
Operating Margin (%)
-19.43
-14.94
-12.72
-5.93
0.08
-11.14
-13.89
-27.08
-17.25
-57.59
-177.16
-652.53
-1,045.02
-564.51
Depreciation Expense
39
43
40
33
31
31
28
28
20
17
14
14
15
13
Net Income, GAAP
-102
-85
-84
-41
-13
-64
-77
-55
-31
-59
-71
-70
-34
-31
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-15.77
-14.59
-15.32
-6.36
-1.69
-11.43
-19.21
-25.01
-15.33
-59.63
-191.56
-694.22
-1,182.14
-684.21
Working Capital
231
150
113
136
171
139
18
19
48
3
-140
-77
-106
-132
LT Debt
126
92
88
125
146
163
94
120
109
129
44
25
15
22
Total Equity
563
480
393
349
336
275
197
144
164
108
38
108
74
58
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-16.66
-16.36
-19.3
-10.91
-3.77
-20.96
-32.38
-32.07
-20.12
-43.71
-97.53
-96.75
-37.53
-42.38

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
90
98
98
LT Borrowings
15
13
10
LT Finance Leases
- -
14
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
17
Market Capitalization
- -
252
725

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
41
201
141
Cash, Cash Equivalents & STI
39
198
138
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
148
324
272
Payables & Accruals
- -
- -
- -
ST Debt
90
98
98
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2%
13.66%
-31.36%
Free Cash Flow
1,061.36%
17.33%
-24.6%
Net Income, GAAP
28.26%
3.04%
-51.57%
Sales/Revenue/Turnover
-33.02%
-53.08%
-71.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
4
1
1
10
2025
- -
1
1
1
3
2026
1
1
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.54
-1.05
-0.8
-1.06
-4.53
2025
-0.59
-0.48
-0.46
-0.41
-1.95
2026
-0.49
-0.42
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Beji Sasaki
Full Time Employees
12
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 208, Binhai Road Taoyuan TAO Taiwan 33757
IPO Date
Nov 29, 2011
Business
ShineMore Technology Materials Co., Ltd. manufactures, processes, and sells copper clad laminates (CCL) and related materials primarily for printed circuit boards in consumer electronics, home appliances, automobiles, high-speed computing, high-frequency communications, and cloud computing applications. The company offers FR-4 CCL; prepreg and bonding sheets including low-flow, halogen-free (such as SM-560 HF and SM-780F), high-CTI (SM-560-C HF and SM-630), and lead-free variants; metal CCL; aluminum substrates; and unclad FR-4 materials like SM-700. Founded in 1997 and headquartered at No. 208, Sec. 2, Binhai Rd., Dayuan District, Taoyuan City, Taiwan, ShineMore operates with approximately 19-20 employees and distributes products domestically and to overseas markets including Asia and Japan. Daito Me Holdings Co., Ltd. and its wholly owned subsidiary Daito Me Co., Ltd. completed the acquisition of a 51.6% stake in ShineMore, with Sasaki Beji of Daito Me serving as chairman and general manager, and Okuyama Issumboshi of Daito Me Holdings as a director; this strategic ownership change reflects ongoing integration reported in recent financial disclosures through mid-2025, amid declining revenues to NT$10.14 million in 2024.