Paragon Technologies Co., Ltd.

Paragon Technologies Co., Ltd.

TTWSE:3518
37.70
TWD
-2.40
(-5.99%)
2.24EPS
13.17P/E
3.00BMarket 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
16.65
14.58
13.52
10.08
8.26
7.13
6.76
8.47
9.9
5.61
4.56
3.98
3.33
2.9
Basic EPS, GAAP
1.09
-2.86
-1.94
-4.99
-3.02
-4.18
-2.44
-0.69
0.51
0.31
-0.59
-2.39
-1.56
2.26
Free Cash Flow per Basic Share
-1.18
-1.3
0.49
0.97
0.19
-0.71
-1.53
-0.44
1.14
1.23
-1.49
-2.63
-8.46
-3.75
Dividend per Share
0.39
0.98
1.97
1
0.5
- -
- -
- -
- -
0.97
0.49
- -
- -
- -
Book Value per Share
43.19
40.45
36.13
28.7
25.26
20.54
17.52
17.07
17.52
17.11
14.28
15
13.64
16.94
Tangible Book Value per Share
43.14
40.4
36.09
28.68
25.25
20.53
17.51
17.06
17.52
17
14.17
14.9
13.54
16.83
Basic Weighted Avg Shares
87
87
87
83
80
81
81
81
81
81
82
89
96
96
Sales/Revenue/Turnover
1,447
1,265
1,182
842
664
576
547
685
800
457
373
354
320
277
Operating Margin (%)
-7.06
-13.91
-13.41
-33.51
-29.23
-48.97
-19.11
1.5
7.58
-10.64
-9.53
-40.02
-48.85
-74.08
Depreciation Expense
207
206
230
235
193
186
165
107
90
59
60
61
66
66
Net Income, GAAP
95
-248
-169
-416
-243
-338
-197
-56
41
25
-48
-212
-149
216
Effective Tax Rate (%)
20.51
- -
- -
- -
- -
- -
- -
- -
60.97
57.6
223.3
- -
- -
9.12
Profit Margin (%)
6.56
-19.61
-14.34
-49.43
-36.62
-58.69
-36.11
-8.17
5.16
5.48
-12.99
-59.92
-46.7
78.06
Working Capital
1,915
1,661
1,489
1,079
866
551
463
537
1,034
1,161
885
1,294
744
937
LT Debt
- -
- -
- -
- -
- -
- -
145
171
82
55
31
409
458
403
Total Equity
3,754
3,516
3,178
2,349
2,027
1,661
1,416
1,380
1,417
1,489
1,226
1,455
1,400
1,706
Return on Invested Capital (%)
-1.77
- -
- -
- -
- -
- -
- -
- -
1.27
-1.3
2.57
- -
- -
-8.82
Return on Capital (%)
2.43
- -
- -
- -
- -
- -
- -
- -
2.51
1.72
-3.4
- -
- -
11.09
Return on Common Equity (%)
2.63
-6.83
-5.06
-15.06
-11.11
-18.35
-12.84
-4
2.95
1.77
-3.67
-15.83
-10.47
14.37

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
266
202
201
LT Borrowings
365
311
304
LT Finance Leases
93
105
99
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
103
101
Market Capitalization
2,182
2,046
3,000

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,122
1,287
1,259
Cash, Cash Equivalents & STI
822
1,029
1,026
Accounts Receivable, Net
235
202
189
Inventories
12
17
10
Total Current Liabilities
379
314
321
Payables & Accruals
- -
- -
- -
ST Debt
266
202
201
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.01%
1.01%
-3.74%
Free Cash Flow
-65.15%
-45.87%
247.77%
Net Income, GAAP
-16.79%
-39.54%
-29.56%
Sales/Revenue/Turnover
-10.21%
-11.82%
-9.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
80
93
93
88
354
2025
74
84
86
76
320
2026
62
53
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.57
-0.55
-0.68
-0.57
-2.39
2025
-0.94
0.04
-0.03
-0.59
-1.56
2026
2.81
-0.04
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Hsiao Long Wang
Full Time Employees
775
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Huaya Science Park Taoyuan TAO Taiwan 338
IPO Date
Jul 27, 2006
Business
Paragon Technologies Co., Ltd. is a Taiwan-based company specializing in surface treatment solutions with a primary focus on Electromagnetic Interference (EMI) shielding and Physical Vapor Deposition (PVD) appearance coating for various electronic devices. Established in 1995 and headquartered in Taoyuan, Taiwan, the company manufactures and provides surface processing and coating services for mobile phones, personal digital assistants (PDAs), global positioning systems (GPS), notebook computers, touch panels, liquid crystal displays (LCDs), and automobile spare parts. Its core products include EMI shielding metal coating achieved via low-temperature sputtering technology and appearance coating films applied primarily to notebook and other 3C (computer, communication, and consumer electronics) products. Paragon operates through three main segments: equipment sales and services; EMI shielding; and appearance and functional coatings. The company serves customers mainly in Taiwan and mainland China. In recent years, Paragon Technologies has focused on expanding its market share in the EMI shielding segment for notebook products while increasing revenue contributions from appearance and functional coating products. The company has implemented strategic plans to optimize its product mix, expand PVD process applications, and increase production capacity, including investments in production automation and process optimization to reduce costs and enhance yields. It is actively diversifying its operations into advanced semiconductor processes, artificial intelligence (AI), 5G technology, electric vehicles (EVs), renewable energy, and wearable devices (augmented reality), aiming to reduce dependence on any single industry or customer. Paragon also plans to complete the construction of a new plant to increase mass production capacity for 8-inch silicon carbide wafers, a move responding to growing market demand in semiconductor materials. Paragon reported a 30% revenue increase in the third quarter of 2025 compared to the same period in 2024, driven by strength in distribution sales alongside cost realignment efforts. The company maintains a robust presence in the Asian market while continuing to enhance technological capabilities and operational efficiencies to support growth in emerging technology sectors. Overall, Paragon Technologies is positioned as a leading provider of surface treatment solutions focusing on EMI shielding and functional appearance coatings for electronic and automotive components, actively expanding through technological innovation and capacity enhancements since its founding and public listing in 2006 on the Taiwan Stock Exchange (Ticker: 3518.TW).