1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: major diversified
Eternal Materials Co., Ltd.

Eternal Materials Co., Ltd.

TTWSE:1717
68.50
TWD
-2.70
(-3.79%)
1.94EPS
39.02P/E
86.75BMarket Cap
Nov 06Next Earn
Eternal Materials Co., Ltd.
TWSE:1717
(Taiwan Stock Exchange)

Recent

price

68.50

P/E

ratio

39.02

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
30.87
31.85
30.13
32.34
34.17
32.59
32.76
35.19
36.67
34.18
32.5
40.61
40.26
35.95
37.43
34.56
36.07
Revenue per Share
2.08
1.03
1.09
1.63
1.95
2.43
2.22
1.62
1.31
2.09
2.15
2.86
2.15
1.27
1.55
1.41
1.9
Basic EPS, GAAP
-0.5
-0.73
1.79
1.39
0.85
1.67
-0.88
-2.95
0.26
2.39
2.14
-1.05
3.1
2.85
0.87
0.98
1.83
Free Cash Flow per Basic Share
1.68
1.2
0.84
0.92
1.18
1.56
1.3
1.4
0.49
0.95
1.47
1.5
1.53
1.2
0.8
1.2
- -
Dividend per Share
14.87
15.39
15.16
16.78
18.19
18.52
17.52
17.37
17.79
18.14
19.34
20.53
20.97
20.95
23.98
23.56
26.55
Book Value per Share
14.19
15.32
15.12
16.74
18.14
18.48
17.49
17.1
17.46
17.85
19.1
20.31
20.76
20.75
23.8
23.39
26.39
Tangible Book Value per Share
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,181
1,243
1,218
1,181
1,181
1,177
1,175
Basic Weighted Avg Shares
36,456
37,608
35,577
38,189
40,343
38,487
38,680
41,551
43,300
40,363
38,370
50,471
49,014
42,452
44,191
40,685
42,388
Sales/Revenue/Turnover
7.95
3.77
5.63
6.12
7.01
8.83
8.09
4.48
4.37
5.69
8.43
8.1
6.74
4.51
4.99
4.22
5.62
Operating Margin (%)
1,287
1,304
1,426
1,455
1,501
1,496
1,631
1,814
1,866
2,018
2,040
2,112
2,089
2,103
2,239
2,276
2,426
Depreciation Expense
2,458
1,217
1,290
1,930
2,307
2,872
2,626
1,910
1,551
2,466
2,543
3,549
2,618
1,504
1,835
1,656
2,228
Net Income, GAAP
17.07
28.44
29.42
25.84
23.09
17.71
18.36
17.9
19.94
16.67
20.71
21.35
25.48
31.63
31.71
28.29
27.33
Effective Tax Rate (%)
6.74
3.24
3.63
5.05
5.72
7.46
6.79
4.6
3.58
6.11
6.63
7.03
5.34
3.54
4.15
4.07
5.26
Profit Margin (%)
12,296
13,722
11,545
14,726
18,559
19,396
17,024
15,025
16,184
14,399
17,109
17,518
18,067
14,836
15,835
13,558
15,388
Working Capital
6,107
7,624
5,726
7,225
9,750
12,394
12,970
12,988
14,166
12,032
13,448
12,695
14,166
12,027
12,369
12,489
11,743
LT Debt
17,770
18,445
18,195
20,136
21,992
22,388
21,239
21,068
21,625
21,920
23,238
24,667
25,071
25,216
28,991
28,226
32,315
Total Equity
9.07
3.39
4.43
5.15
5.92
7.12
6.22
3.28
3.17
4.65
5.98
7
5.05
2.7
2.97
2.36
3.15
Return on Invested Capital (%)
10.18
4.97
4.8
6.45
6.96
8.04
7.21
5.36
4.55
7.01
7.03
8.43
6.04
3.81
4.26
3.79
4.82
Return on Capital (%)
13.75
6.81
7.15
10.23
11.17
13.25
12.34
9.27
7.47
11.63
11.5
15.08
10.68
6.08
6.92
5.91
8.05
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,686
10,502
12,466
LT Borrowings
12,388
10,886
11,650
LT Finance Leases
102
92
93
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,175
1,175
1,172
Market Capitalization
47,945
67,521
86,746

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
30,561
32,876
36,214
Cash, Cash Equivalents & STI
6,900
8,073
10,356
Accounts Receivable, Net
10,375
10,388
11,469
Inventories
8,184
8,348
9,534
Total Current Liabilities
17,004
19,436
20,826
Payables & Accruals
- -
- -
- -
ST Debt
9,686
10,502
12,466
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.48%
4.14%
-2.64%
Free Cash Flow
18.91%
-121.64%
12.82%
Net Income, GAAP
-0.94%
-3.4%
-9.75%
Sales/Revenue/Turnover
1.18%
2.29%
-7.93%
Total Cash Common Dividend
- -
- -
50%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,021
11,570
11,334
11,267
44,191
2025
10,061
10,405
10,096
10,123
40,685
2026
10,243
11,926
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.38
0.39
0.41
1.55
2025
0.3
0.3
0.49
0.32
1.41
2026
0.36
0.72
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.8
2025
- -
- -
- -
- -
1.2
2026
- -
- -
- -
- -
- -
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Business
Eternal Materials Co., Ltd. manufactures and sells synthetic resins, high-performance materials, and electronic materials. Its main product categories include resin materials such as water- and solvent-based pressure-sensitive adhesives and paper overprinting resins, polyester polyol, polyurethane, alkyd, optoelectronic materials, solvent- and water-based acrylic coatings, amino, fluorocarbon, saturated and unsaturated polyester, vinyl ester, epoxy, flame retardant, anti-fingerprint lacquer resins, and coating additives; structural adhesives; polyester for polyurethane foam; UV monomers and oligomers; special coatings; silicone powder and additives; and 3D UV printing materials. The company also provides printed circuit board (PCB) materials including dry film photoresists, dry film solder masks, UV inks, dry film photosensitive polyimides, paper phenolic copper clad laminates, and composite epoxy copper clad laminates. Additional offerings include flat panel display and touch panel materials such as dry film photoresists and liquid polyimide materials, vacuum film press and toll coating services, biochemical and molecular diagnostics products, recombinant proteins, antibodies, in vitro diagnostic rapid test strips, liquid molding compounds for wafer-level packaging, lithium battery materials, green CTP photosensitive lithographic printing plate materials, thermoplastic composites, and hydrophilic films. Eternal Materials serves industries including energy, transportation, building and furniture, electronics, consumer products, packaging and printing, healthcare and medical, and metal machinery. The company operates primarily in Taiwan, China, Japan, Vietnam, Thailand, the United States, India, Malaysia, Indonesia, Korea, and Italy. Founded in 1964 and headquartered in Kaohsiung, Taiwan, the company was formerly known as Eternal Chemical Co., Ltd. until a name change in 2014. In the last one to two years, Eternal Materials has focused on green upgrading and market diversification aiming to achieve net-zero carbon emissions and enhance sustainable development. The company reported increased revenue and net profit in 2024, reflecting strong operational performance. It continues to expand production capacity and invests resources in innovation and research for IC and semiconductor process equipment to meet evolving customer needs and industry development. Strategic initiatives include deepening engagement in the Greater China market, monitoring global industrial policies, pursuing strategic partnerships to capture new business prospects, and enhancing local services in the Americas and Europe to foster customer relationships and drive growth. Eternal Materials also develops new product lines such as glass application solutions, 3D light-curing printing materials, special customized agents, dual-cure adhesive materials, EB curing solutions, and excimer skin-feel materials to maintain a competitive technology edge and accelerate product launches.