1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Elite Material Co., Ltd.

Elite Material Co., Ltd.

TTWSE:2383
5,070.00
TWD
+80.00
(+1.60%)
62.42EPS
85.43P/E
1.93TMarket Cap
Oct 28Next Earn
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
54.31
60.45
65.91
69.31
73.96
71.61
77.79
83.54
115.64
116.16
123.01
186.89
268.11
359.47
Basic EPS, GAAP
2.69
4.93
7.55
8.7
8.74
5.48
10.14
11.33
16.5
15.24
16.35
27.81
41.67
63.1
Free Cash Flow per Basic Share
1.45
4.77
10.54
6.52
7.32
4.17
4.07
6.99
4.3
2.87
-4.04
3.92
5.95
-10.42
Dividend per Share
1.8
1.8
2.5
4.31
4.71
4.8
3.81
5.91
7.01
10.01
8.43
9.98
16.76
- -
Book Value per Share
22.05
25.84
30.49
32.93
37.14
37.23
42.29
50.28
59.33
66.31
78.12
101.29
140.81
162.8
Tangible Book Value per Share
22.04
25.84
30.48
32.91
37.12
37.21
42.26
48.26
57.32
64.07
76.05
99.6
140.52
162.49
Basic Weighted Avg Shares
311
312
317
318
319
320
320
326
333
333
336
344
352
355
Sales/Revenue/Turnover
16,873
18,885
20,870
22,070
23,610
22,891
24,866
27,201
38,500
38,673
41,296
64,377
94,261
127,777
Operating Margin (%)
6.04
9.7
15.57
17.85
16.97
12.05
16.44
17.19
17.97
16.1
17.79
18.91
20.28
23.05
Depreciation Expense
463
531
537
469
445
468
492
609
719
774
1,302
1,769
1,849
2,155
Net Income, GAAP
836
1,539
2,389
2,770
2,791
1,751
3,241
3,689
5,493
5,073
5,488
9,578
14,649
22,428
Effective Tax Rate (%)
18.84
16.14
28.18
29.18
30.61
37.94
22.8
23.73
20.42
19.37
26.03
21.13
22.42
22.85
Profit Margin (%)
4.95
8.15
11.45
12.55
11.82
7.65
13.03
13.56
14.27
13.12
13.29
14.88
15.54
17.55
Working Capital
2,487
3,360
6,281
6,885
8,533
9,031
8,512
9,955
11,359
10,820
10,602
21,312
27,749
29,678
LT Debt
824
522
1,220
871
1,320
1,645
643
564
1,013
4,529
2,407
9,407
8,807
12,659
Total Equity
6,907
8,175
9,692
10,512
11,884
11,915
13,537
16,756
19,774
22,075
26,809
35,094
50,435
58,312
Return on Invested Capital (%)
8.75
14.9
21.05
23.47
21.52
12.07
19.93
20.03
25.67
17.74
15.51
20.78
23.19
30.79
Return on Capital (%)
9.31
15.4
22.17
24.12
22.29
12.67
20.97
21.24
26.29
18.76
16.59
22.25
24.45
32.36
Return on Common Equity (%)
12.7
20.44
26.78
27.45
24.95
14.73
25.5
24.38
30.11
24.26
22.45
30.94
34.24
48.96

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11,304
13,625
15,833
LT Borrowings
8,219
10,979
12,089
LT Finance Leases
587
578
570
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
358
358
358
Market Capitalization
589,438
931,635
1,931,350

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
73,980
90,741
113,289
Cash, Cash Equivalents & STI
20,008
22,135
22,568
Accounts Receivable, Net
36,065
46,420
65,278
Inventories
16,752
21,016
23,664
Total Current Liabilities
46,231
68,351
83,611
Payables & Accruals
- -
- -
- -
ST Debt
11,304
13,625
15,833
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.49%
25.14%
43.72%
Free Cash Flow
-45.32%
-91.47%
54.74%
Net Income, GAAP
25.52%
35.38%
52.94%
Sales/Revenue/Turnover
17.88%
30.22%
46.42%
Total Cash Common Dividend
26.43%
28.39%
71.36%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,902
15,449
17,463
18,562
64,377
2025
21,680
22,508
- -
24,927
94,261
2026
33,067
47,275
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.76
7.08
7.3
7.67
27.81
2025
10.01
10.02
- -
10.44
41.67
2026
14.9
27.55
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.98
2025
- -
- -
- -
- -
16.76
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ting Yue Tung
Full Time Employees
2,098
Sector
Producer manufacturing
Industry
Electrical products
Address
No.18, Datong 1st Road Taoyuan TYC Taiwan 328417
IPO Date
Dec 26, 1996
Website
emctw.com
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Business
Elite Material Co., Ltd. (2383:TT) manufactures and sells copper clad laminates (CCL), prepregs, printed circuit boards, electronic-industrial specialty chemicals, raw materials, and electronic components primarily for the printed circuit board industry; its core products encompass halogen-free green materials across mid-loss, low-loss, very low-loss, ultra low-loss, and extreme low-loss categories, including high Tg variants with CAF resistance, signal integrity solutions, and resin systems tailored for complex PCBs such as any-layer, mSAP, IC substrates, high layer count/high speed digital, and radio frequency applications; these serve mobile communications, AI/high-performance computing/cloud data centers, 5G infrastructure networks, electric vehicles, autonomous driving, automotive, servers, networking, telecom, aerospace, military, and industrials. The company operates domestic and foreign segments focused on CCL, prepreg, and PCB production, with geographic footprint spanning Taiwan, China (facilities in Kunshan, Zhongshan, and Huangshi), the United States (via acquired Arlon EMD in Rancho Cucamonga, California), and Southeast Asia; it targets high-end HDI, 5G, datacenter, networking, EV, and LEO satellite markets, maintaining leadership as the world's largest green materials CCL supplier since 2013 with over 330 global patents. Founded in 1992 and headquartered at No. 18, Datong 1st Road, Guanyin District, Taoyuan City, Taiwan, Elite Material listed on the Taiwan Stock Exchange in 1998 (2383.TW) and employs approximately 2,100 people; recent developments include commencement of its first Southeast Asia CCL facility in Penang Science Park, Malaysia in 2024 (production slated for Q2 2025), an $80 million investment in 2025 to upgrade the Arlon EMD facility with new prepreg treaters and automation, sustained dominance in high-end HDI and infrastructure markets, and penetration into high-end vehicle and LEO segments.