1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
Victory New Materials Ltd. Co.

Victory New Materials Ltd. Co.

TTWSE:1340
4.98
TWD
-0.05
(-0.99%)
-2.22EPS
810.49MMarket 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
20.19
20.29
20.91
21.6
22.28
13.55
7.57
4.29
4.25
3.26
3.68
0.31
0.28
0.31
Basic EPS, GAAP
5.3
6.13
5.64
5.77
5.46
0.88
-2.87
-2.55
-3.35
-2.81
-5.64
-5.28
-2.61
-2.25
Free Cash Flow per Basic Share
5.91
5.41
6.42
0.99
5.24
2.67
-4.35
-3.92
-4.9
-5.04
-6.13
-2.06
-1.27
-1.68
Dividend per Share
- -
2
1.1
0.71
0.86
0.24
0.17
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
23.3
33.12
36.93
38.92
43.08
42.83
38.3
35.46
32.63
30.4
24.35
19.65
17.05
17.46
Tangible Book Value per Share
23.3
33.12
36.93
38.92
43.08
42.83
38.3
35.46
32.63
30.4
24.35
19.65
17.05
17.46
Basic Weighted Avg Shares
132
153
153
153
153
153
153
153
153
153
153
153
153
154
Sales/Revenue/Turnover
2,674
3,095
3,198
3,302
3,407
2,072
1,157
656
651
499
562
48
42
48
Operating Margin (%)
31.93
33.25
29.72
30.34
28.65
6.14
-31.98
-61.08
-80.49
-85.96
-71.84
-161.85
-334.1
-348.61
Depreciation Expense
41
35
29
26
29
33
68
56
49
81
99
128
112
124
Net Income, GAAP
701
934
863
882
835
135
-438
-390
-512
-430
-862
-808
-398
-347
Effective Tax Rate (%)
16.5
15.72
16.24
15.3
16.63
22.05
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
26.23
30.19
26.98
26.71
24.52
6.5
-37.88
-59.38
-78.77
-86.11
-153.31
-1,678.29
-939.78
-728.57
Working Capital
2,907
4,770
5,396
5,046
5,377
4,985
4,008
3,384
2,714
2,015
1,163
832
684
626
LT Debt
- -
- -
- -
- -
- -
- -
30
- -
- -
- -
191
175
230
225
Total Equity
3,204
5,065
5,647
5,952
6,588
6,550
5,857
5,422
4,989
4,649
3,724
3,005
2,607
2,670
Return on Invested Capital (%)
26.81
20.31
14.55
14.44
12.88
1.5
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
27.03
22.25
15.98
15.14
13.32
2.05
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
28.08
22.6
16.11
15.21
13.32
2.05
-7.07
-6.91
-9.84
-8.92
-20.59
-24.02
-14.2
-13.09

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
46
48
60
LT Borrowings
230
252
225
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
153
153
Market Capitalization
1,144
1,012
810

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
783
785
815
Cash, Cash Equivalents & STI
556
545
536
Accounts Receivable, Net
7
9
5
Inventories
- -
3
3
Total Current Liabilities
99
162
189
Payables & Accruals
- -
- -
- -
ST Debt
46
48
60
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.97%
-13.45%
-13.23%
Free Cash Flow
-3.45%
-11.06%
-38.41%
Net Income, GAAP
-46.45%
11.78%
-50.69%
Sales/Revenue/Turnover
-23.51%
-22.99%
-11.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
134
12
88
48
2025
13
10
9
10
42
2026
11
17
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.66
-0.77
-0.89
-2.97
-5.28
2025
-0.27
-0.42
-0.26
-1.66
-2.61
2026
-0.3
-0.05
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Hui Huang Zhuang
Full Time Employees
8,506
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Lianyu Industrial Zone Jinjiang TPE China 10548
IPO Date
Dec 6, 2013
Website
vnm.com.tw
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Business
Victory New Materials Limited Company (1340.TW) manufactures and sells polymer composite materials primarily for shoe soles and related applications; its core products include rubber (RB) soles, ethylene-vinyl acetate (EVA) copolymer soles, ethylene-vinyl alcohol (EVO) copolymer soles and EVO particles, one-phase injection single-color soles, dual-color dual-density soles, secondary molding soles, injected styrofoam plastic molding soles, one-phase injection monochrome slippers, finished shoes, and toys. The company's environmentally friendly materials serve sports shoes, casual shoes, sandals, slippers, children's puzzles, foam flooring, precision electronic equipment, electric appliances, and medical packaging. Victory New Materials maintains ongoing partnerships with brands such as Adidas, Reebok, Anta, Xtep, Deerway, and Jordan. Founded in 2012 and headquartered in Lianyu Industrial Zone, Qingyang Town, Jinjiang, Fujian Province, China, the Taiwan-listed company (Cayman Islands incorporated) operates principally in China and international markets. In recent developments, the company reported third-quarter 2025 earnings with a NT$0.25 loss per share, announced additions to funding loans, and held its 2024 investor conference in September 2024.