1. Taiwan Stocks

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    Process industries

  3. •

    Industrial specialties
China Glaze Co., Ltd.

China Glaze Co., Ltd.

TTWSE:1809
47.00
TWD
-0.30
(-0.63%)
0.07EPS
265.80P/E
9.05BMarket Cap
Nov 05Next Earn
China Glaze Co., Ltd.
TWSE:1809
(Taiwan Stock Exchange)

Recent

price

47.00

P/E

ratio

265.80

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
24.57
23.55
23.09
20.97
21.42
14.9
14.03
14.48
14.83
13.63
11.14
13.16
15.52
14.11
14.46
14.95
15.25
Revenue per Share
1.3
1.45
0.75
0.85
0.98
0.39
0.62
-0.09
- -
-0.24
-0.36
0.25
0.38
-0.1
0.33
0.19
0.2
Basic EPS, GAAP
2.33
-1.73
2.45
-1.88
0.76
1.83
1.18
-1.43
-0.12
-0.18
0.79
-1.17
-1.71
0.04
0.44
-0.07
-0.3
Free Cash Flow per Basic Share
0.22
0.57
0.57
0.34
0.4
0.5
0.21
0.3
0.2
0.2
0.2
0.2
0.25
0.25
0.2
0.25
- -
Dividend per Share
18.14
19.5
19.29
20.41
21.55
21.42
19.77
18.95
18.69
18
17.37
17.28
17.67
17.24
17.7
17.54
17.54
Book Value per Share
17.93
19.42
19.2
20.32
21.47
21.31
19.67
18.84
18.58
17.9
17.27
17.18
17.57
17.14
17.6
17.4
17.4
Tangible Book Value per Share
154
167
167
167
167
190
181
167
167
167
167
167
167
167
167
167
164
Basic Weighted Avg Shares
3,780
3,933
3,857
3,503
3,579
2,829
2,543
2,419
2,477
2,277
1,861
2,199
2,592
2,357
2,415
2,498
2,499
Sales/Revenue/Turnover
7.68
9.27
5.74
5.93
5.56
2.18
2.67
-3.88
-0.83
-4.49
-5.21
-1.05
0.71
-2.87
0.91
0.9
1
Operating Margin (%)
133
143
133
120
137
116
107
95
95
99
84
83
83
81
80
81
82
Depreciation Expense
200
242
125
143
165
73
113
-15
- -
-41
-61
42
63
-17
55
32
33
Net Income, GAAP
21.88
23.96
36.88
24.14
21.36
39.8
19.92
64.79
- -
- -
- -
18.35
15.38
- -
25.44
40.4
68.52
Effective Tax Rate (%)
5.3
6.15
3.24
4.07
4.6
2.59
4.45
-0.64
- -
-1.79
-3.26
1.91
2.42
-0.71
2.27
1.29
1.34
Profit Margin (%)
2,462
2,429
2,471
2,615
2,890
2,775
2,198
2,212
2,082
1,811
1,690
1,394
1,247
1,185
1,029
1,010
1,147
Working Capital
242
209
335
182
158
130
24
72
50
89
133
93
198
290
172
115
179
LT Debt
4,026
4,196
4,106
4,335
4,552
4,443
4,038
3,923
3,802
3,627
3,469
3,378
3,420
3,332
3,377
3,305
3,304
Total Equity
4.33
5.2
2.52
3
2.97
0.71
1.1
-0.7
- -
- -
- -
-0.28
-0.22
- -
0.45
0.36
0.18
Return on Invested Capital (%)
2.57
3.43
2.41
2.69
3.11
2.09
3.25
-0.91
- -
- -
- -
1.52
2.45
- -
2.04
1.2
1.47
Return on Capital (%)
7.07
7.7
3.85
4.3
4.69
2.04
3.29
-0.48
- -
-1.33
-2.06
1.45
2.15
-0.57
1.88
1.09
1.16
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
656
575
590
LT Borrowings
50
138
113
LT Finance Leases
65
67
67
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
167
167
167
Market Capitalization
2,915
4,285
9,054

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,089
2,099
2,203
Cash, Cash Equivalents & STI
631
624
700
Accounts Receivable, Net
571
554
574
Inventories
636
677
678
Total Current Liabilities
1,079
975
1,056
Payables & Accruals
- -
- -
- -
ST Debt
656
575
590
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.87%
-0.95%
-2.11%
Free Cash Flow
-24.94%
114.06%
-115.26%
Net Income, GAAP
-7,371.92%
-143.48%
-41.43%
Sales/Revenue/Turnover
-0.61%
6.57%
3.41%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
591
619
562
643
2,415
2025
576
625
660
637
2,498
2026
592
610
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.04
0.12
0.06
0.33
2025
0.05
0.04
0.03
0.08
0.19
2026
0.05
0.05
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -
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Business
China Glaze Co.,Ltd. China Glaze Co.,Ltd. manufactures and sells ceramic glazes, pigments, and advanced inorganic materials for ceramics, construction, electronics, and photoelectric applications. The company produces frits, pigments, enamels, zirconium silicates, print glazes, vetrosa glazes, advanced ceramics, digital inks, building materials including crystallized glass and ceramic tiles, nano materials, phosphor powders, and solid electrolyte materials for solid-state batteries; it operates through subsidiaries such as Guangdong Sanshui T&H Glaze Co., Ltd., Shanghai T&H Glaze Co., Ltd., PT. China Glaze Indonesia, Shandong T&H Glaze Co., Ltd., China Glaze Bangladesh Ltd., and China Glaze Malaysia SDN. BHD., serving markets in Taiwan, China, Indonesia, Southeast Asia, Bangladesh, and beyond. Founded in 1973 and headquartered in Hsinchu City, Taiwan, the company listed on the Taiwan Stock Exchange in 1996 under ticker 1809.TW. Recent developments include the 2021 award for its all-solid-state sodium carbon dioxide battery technology developed with National Taiwan University and ongoing expansions via subsidiaries established between 2005 and 2018 to support North China, Southeast Asia, and South Asian markets.