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Taiwan Glass Industry Corp.

Taiwan Glass Industry Corp.

TTWSE:1802
67.10
TWD
-0.10
(-0.15%)
0.87EPS
85.52P/E
217.52BMarket Cap
Nov 09Next Earn
Taiwan Glass Industry Corp.
TWSE:1802
(Taiwan Stock Exchange)

Recent

price

67.10

P/E

ratio

85.52

div

yld

0.00%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
16.59
15.35
13.66
15.53
17.41
17.32
16.35
15.43
15.85
14.36
14.39
18.43
15.08
15.69
14.62
14.27
15.29
Revenue per Share
2.17
1.06
-0.82
-0.38
0.06
-1.97
-0.62
0.73
0.37
-0.5
0.85
3.95
-0.25
0.01
-0.54
-0.2
0.87
Basic EPS, GAAP
-0.22
-2.71
-4.82
-3.48
-1.55
0.02
1.81
1.2
-0.23
-0.2
0.38
2.17
0.82
0.06
0.42
-0.79
-1.58
Free Cash Flow per Basic Share
0.17
0.52
0.43
0.1
0.1
- -
- -
- -
0.5
0.3
- -
0.5
1.64
0.15
- -
- -
- -
Dividend per Share
19.07
21.01
18.92
19.5
20.31
17.42
15.16
15.83
15.21
13.81
15.06
18.58
16.66
16.35
16.66
16.37
17.77
Book Value per Share
18.44
20.96
18.87
19.47
20.28
17.36
15.12
15.8
15.19
13.79
15.05
18.57
16.64
16.34
16.65
16.37
17.77
Tangible Book Value per Share
2,388
2,388
2,388
2,388
2,388
2,384
2,635
2,908
2,908
2,908
2,908
2,908
2,908
2,908
2,908
2,908
2,867
Basic Weighted Avg Shares
39,600
36,654
32,618
37,085
41,570
41,286
43,098
44,870
46,091
41,768
41,841
53,592
43,859
45,619
42,503
41,494
43,824
Sales/Revenue/Turnover
16.6
3.55
-9.21
-5.4
-6.01
-7.31
1.69
5.88
4.95
-2.18
6.23
21.46
-1.63
-0.75
-3.02
0.94
6.94
Operating Margin (%)
4,134
4,232
4,805
5,726
5,287
5,933
5,872
5,308
5,172
5,358
4,952
4,980
5,003
4,788
4,708
4,537
4,688
Depreciation Expense
5,184
2,524
-1,951
-896
153
-4,688
-1,642
2,124
1,066
-1,448
2,469
11,477
-721
35
-1,572
-590
2,507
Net Income, GAAP
13.52
16.41
- -
- -
- -
- -
- -
8.99
33.62
- -
16.92
12.2
209.63
91.33
- -
- -
8.75
Effective Tax Rate (%)
13.09
6.89
-5.98
-2.42
0.37
-11.35
-3.81
4.73
2.31
-3.47
5.9
21.41
-1.64
0.08
-3.7
-1.42
5.72
Profit Margin (%)
3,649
12,412
5,483
-5,534
-3,009
-7,563
-1,336
3,545
2,974
1,375
5,448
18,683
8,597
9,815
5,200
8,260
9,576
Working Capital
3,589
16,047
19,077
14,937
18,323
13,251
10,736
10,525
11,547
11,491
10,957
12,645
8,114
10,288
5,881
9,408
9,890
LT Debt
49,932
54,783
49,274
50,748
52,517
47,286
47,257
49,614
47,732
43,361
46,800
57,774
51,661
50,711
51,367
50,325
54,562
Total Equity
9.86
1.55
- -
- -
- -
- -
- -
3.29
2.08
- -
2.81
12.68
1.04
-0.03
- -
- -
3.6
Return on Invested Capital (%)
8.33
3.84
- -
- -
- -
- -
- -
3.78
2.13
- -
4.1
14.1
-1.51
0.13
- -
- -
4.03
Return on Capital (%)
12
5.28
-4.09
-1.95
0.32
-10.15
-3.73
4.71
2.36
-3.43
5.88
23.46
-1.41
0.07
-3.27
-1.23
5.31
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17,238
15,146
16,457
LT Borrowings
9,363
10,730
9,868
LT Finance Leases
45
44
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,908
2,908
2,908
Market Capitalization
100,474
150,928
217,523

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
37,342
37,069
36,757
Cash, Cash Equivalents & STI
11,830
10,597
9,117
Accounts Receivable, Net
6,876
7,637
9,467
Inventories
10,682
11,313
11,169
Total Current Liabilities
29,082
26,269
27,181
Payables & Accruals
- -
- -
- -
ST Debt
17,238
15,146
16,457
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.02%
2.06%
-2.03%
Free Cash Flow
1,000.84%
127.13%
-287.06%
Net Income, GAAP
-540.19%
-910.29%
-62.44%
Sales/Revenue/Turnover
0.67%
0.95%
-2.37%
Total Cash Common Dividend
170,143.39%
334,257.46%
-87.08%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,866
10,976
10,101
11,560
42,503
2025
9,652
10,323
10,727
10,792
41,494
2026
10,244
12,062
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.06
-0.38
-0.02
-0.54
2025
-0.13
-0.3
0.1
0.13
-0.2
2026
0.2
0.44
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Taiwan Glass Ind. Corp. engages in the manufacturing, processing, and sale of a comprehensive range of glass products globally, with operations primarily in Taiwan and China. Founded in 1964 and headquartered in Taipei, the company operates across three main segments: flat glass, glass containers, and glass fiber. Its flat glass product portfolio includes float glass, processed glass, automotive glass, ultra-thin glass, photovoltaic cover glass, and various coated and energy-efficient glass types used in construction, automotive, electronics, and renewable energy sectors. In the glass container segment, Taiwan Glass produces containers for liquor, wine, beer, food, pharmaceuticals, and specialty cobalt blue containers, alongside household tableware and kitchenware such as bowls, plates, tumblers, wine glasses, mugs, pots, and other glass utensils. The glass fiber segment supplies fabric and fiberglass reinforced products for applications in electronics, yachts, building materials, industrial uses, engineering, and sports goods. The company also operates a glass recycling facility to reuse glass materials without quality loss. Recent strategic shifts include significant investments in digital automation and AI-driven production technologies to enhance operational efficiency and energy consumption. Taiwan Glass advances its market positioning by focusing on innovative products aligned with smart city initiatives and net-zero carbon emission policies, particularly expanding ultra-thin and photovoltaic glass for new energy vehicles and smart home applications. The company actively pursues green transformation and operational optimization consistent with international standards to bolster competitiveness amid structural market challenges in China and global overcapacity concerns. Taiwan Glass reported consolidated revenue of NT$42.5 billion and a net loss of NT$1.57 billion in 2024, reflecting the company's efforts to manage external economic pressures while maintaining strategic investment in sustainable growth and technological innovation. Taiwan Glass maintains a strong presence in Asia-Pacific markets and exports to North America, Europe, and Middle East regions. It is recognized for its high-quality glass products featured in architectural applications worldwide, including skyscrapers, through its selective use of coatings and finishing technologies. Its product applications span across construction, automotive, electronics, food and beverage packaging, and specialty consumer goods. The company continues to leverage extensive R&D and product diversification to sustain competitive pricing and profit margins. Taiwan Glass remains committed to prudent management and market responsiveness in a dynamically evolving glass industry landscape.