1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Swancor Holding Co., Ltd.

Swancor Holding Co., Ltd.

TTWSE:3708
95.30
TWD
+0.50
(+0.53%)
-5.49EPS
2.91P/E
9.72BMarket Cap
Oct 29Next 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
46.73
72.12
- -
18.66
55.05
63.46
66.88
107.47
115.78
102.57
74.75
13.86
9.38
9.96
Basic EPS, GAAP
3.02
8.93
- -
0.57
2.46
11.22
8.97
6.82
2.01
9.48
12.88
2.71
35.57
37.28
Free Cash Flow per Basic Share
-1.6
-9.64
- -
4.33
8.34
-9.12
4.46
-1.46
-7.04
-1.69
17.19
-3.33
-1.58
-7.74
Dividend per Share
1.89
3.55
6.8
- -
1
1.97
5
4.01
3.5
1.46
4.99
5.58
2.35
- -
Book Value per Share
24.37
31.47
- -
44.18
44.32
51.56
55.48
57.32
58.54
68.35
75.23
75.79
149.88
242.19
Tangible Book Value per Share
24.2
31.33
- -
44.09
44.14
51.42
55.33
57.2
58.42
67.79
74.74
75.34
149.48
241.63
Basic Weighted Avg Shares
76
83
88
90
89
90
92
92
93
95
98
105
107
100
Sales/Revenue/Turnover
3,531
5,981
- -
1,685
4,905
5,733
6,153
9,868
10,710
9,771
7,295
1,452
1,005
993
Operating Margin (%)
7.49
10.44
- -
11.99
4.43
-0.96
4.4
7.94
1.55
4.71
3.24
-9.25
-33.08
-33.64
Depreciation Expense
70
66
- -
45
108
129
150
162
202
262
267
312
337
251
Net Income, GAAP
228
741
- -
52
219
1,013
825
626
186
903
1,256
284
3,813
3,716
Effective Tax Rate (%)
18.87
14.64
- -
61.48
28.41
- -
32.79
23.24
- -
16.26
11.47
- -
- -
- -
Profit Margin (%)
6.46
12.38
- -
3.07
4.46
17.67
13.41
6.34
1.74
9.24
17.22
19.56
379.19
374.1
Working Capital
1,639
2,241
- -
1,074
3,186
3,353
4,226
3,915
3,396
4,446
3,590
4,217
4,603
2,645
LT Debt
585
190
- -
946
737
829
1,062
453
2,248
2,031
412
788
62
168
Total Equity
1,957
2,691
- -
4,507
4,434
5,285
5,572
6,416
6,560
7,947
8,665
9,476
15,134
21,740
Return on Invested Capital (%)
6.84
12.99
- -
1.78
2.1
- -
2.45
7.49
- -
3.35
1.74
- -
- -
- -
Return on Capital (%)
8.25
19.19
- -
1.04
3.12
- -
11.64
7.29
- -
7.79
11.06
- -
- -
- -
Return on Common Equity (%)
12.92
31.91
- -
2.62
5.54
23.11
16.62
12.03
3.46
14.94
17.93
3.63
32.36
25.46

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
711
1,460
700
LT Borrowings
- -
180
100
LT Finance Leases
62
74
68
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
92
90
Market Capitalization
11,296
10,920
9,720

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,554
6,975
5,652
Cash, Cash Equivalents & STI
6,835
6,145
4,999
Accounts Receivable, Net
145
155
246
Inventories
166
259
343
Total Current Liabilities
2,951
3,817
3,007
Payables & Accruals
- -
- -
- -
ST Debt
711
1,460
700
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.3%
59.72%
Free Cash Flow
- -
-200.07%
-51.57%
Net Income, GAAP
- -
303.85%
1,242.08%
Sales/Revenue/Turnover
- -
-27.28%
-30.75%
Total Cash Common Dividend
- -
28.81%
-56.99%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,735
1,927
361
2,103
1,452
2025
346
254
153
253
1,005
2026
189
399
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.77
0.76
0.46
0.73
2.71
2025
0.48
-0.35
0.39
36.9
35.57
2026
0.13
-1.05
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.58
2025
- -
- -
- -
- -
2.35
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chao Yang Cai
Full Time Employees
10,795
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 588, Dongmin Road Nantou NAN Taiwan 540
IPO Date
Jan 15, 2009
Website
swancor.com
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
PI Industries Limited (NSE:PIIND)
Business
Swancor Holding Co., Ltd. (3708.TW) manufactures and sells specialty resins and composite materials for wind energy, marine, transportation, construction, and electronics applications. The company produces unsaturated polyester resins, vinyl ester resins, and epoxy resins under its SWANCOR brand; fiber-reinforced polymer composites; and gelcoats, including spray gelcoats and brush gelcoats. It offers these products to customers in Taiwan, China, and international markets, with manufacturing facilities primarily in Taiwan. Founded in 1981 and headquartered in Taichung, Taiwan, Swancor operates through subsidiaries focused on advanced composites and green materials, serving segments such as renewable energy, corrosion-resistant infrastructure, and high-performance laminates. The company targets wind turbine blade manufacturers, boat builders, automotive parts suppliers, and electronics firms requiring durable, lightweight materials. In recent developments, Swancor expanded its green materials portfolio with new bio-based resin formulations for sustainable composites in 2024. The company formed a strategic alliance with a leading European wind energy firm for next-generation blade materials and completed a funding round to support capacity expansion in Asia-Pacific operations. Additionally, Swancor launched SWANCOR 990 series epoxy vinyl ester resins optimized for marine and offshore applications in late 2024.