1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: major diversified
Jinan Acetate Chemical Co., Ltd.

Jinan Acetate Chemical Co., Ltd.

TTWSE:4763
45.90
TWD
-0.75
(-1.61%)
4.17EPS
11.39P/E
46.89BMarket Cap
Nov 05Next Earn
Jinan Acetate Chemical Co., Ltd.
TWSE:4763
(Taiwan Stock Exchange)

Recent

price

45.90

P/E

ratio

11.39

div

yld

5.43%

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
0.78
1.18
0.53
2.03
2.02
2.22
2.21
2.8
3.05
3.54
5.24
11.52
15.9
13.38
10.86
Revenue per Share
0.03
0.12
0.08
0.37
0.36
0.22
0.29
0.42
0.65
0.47
1.53
5.41
8.44
6.1
4.16
Basic EPS, GAAP
-0.02
-0.18
0.1
0.61
-0.24
-0.41
0.2
0.46
0.1
-0.1
1.18
6.07
5.57
2.74
1.57
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.3
0.3
0.3
0.24
0.31
0.36
0.39
1.04
0.56
4.76
2.49
Dividend per Share
0.53
0.69
1.05
1.76
1.68
1.61
1.52
1.62
1.94
1.99
3.78
10.33
16.4
20.12
19.76
Book Value per Share
0.53
0.69
1.05
1.76
1.68
1.61
1.52
1.62
1.94
1.99
3.78
10.33
16.4
20.12
19.76
Tangible Book Value per Share
680
677
677
708
786
786
786
778
771
767
815
957
988
989
992
Basic Weighted Avg Shares
533
801
359
1,439
1,586
1,748
1,739
2,175
2,353
2,715
4,269
11,026
15,713
13,231
10,772
Sales/Revenue/Turnover
5.24
14.06
18.98
16.84
16.47
11.87
9.32
17.98
21.21
12.97
25.22
54.86
57.12
52.49
46.35
Operating Margin (%)
31
34
9
43
46
46
89
98
105
135
180
277
344
367
415
Depreciation Expense
23
81
57
265
287
172
225
330
505
358
1,250
5,176
8,338
6,031
4,128
Net Income, GAAP
15.57
13.02
14.86
12.56
10.16
1.44
- -
12.45
7.83
1.44
9.86
14.88
16.41
17.65
15.57
Effective Tax Rate (%)
4.3
10.1
16
18.4
18.09
9.84
12.94
15.16
21.44
13.17
29.27
46.94
53.06
45.58
38.32
Profit Margin (%)
128
99
339
1,020
663
888
704
326
997
774
1,701
8,180
12,223
15,751
15,251
Working Capital
10
- -
- -
- -
- -
424
440
- -
514
572
55
- -
- -
- -
- -
LT Debt
370
477
726
1,381
1,368
1,375
1,291
1,373
1,608
1,638
3,653
10,323
16,399
20,072
19,729
Total Equity
- -
18.72
7.67
15.92
15.08
12.7
- -
18.79
21.28
12.08
33.64
69.37
54.64
30.84
23.33
Return on Invested Capital (%)
- -
16.69
7.93
20.35
18.58
11.65
- -
19.13
24.2
13.56
34.65
71.04
62.04
33.02
23.07
Return on Capital (%)
- -
19.09
9.55
25.13
21.22
13.31
18.41
27.01
36.71
23.78
49.77
75.54
63.12
33.39
23.29
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
989
989
989
Market Capitalization
51,337
41,594
46,886

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,517
18,690
19,752
Cash, Cash Equivalents & STI
12,981
14,307
15,415
Accounts Receivable, Net
1,493
1,449
1,773
Inventories
2,378
2,374
1,851
Total Current Liabilities
1,766
1,425
4,500
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.57%
77.75%
22.4%
Free Cash Flow
-132.35%
-230.26%
-50.74%
Net Income, GAAP
66.67%
113.6%
-27.67%
Sales/Revenue/Turnover
31.08%
51.52%
-15.8%
Total Cash Common Dividend
- -
189.27%
742.87%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,614
3,195
4,372
4,533
15,713
2025
4,154
3,859
2,448
2,770
13,231
2026
2,711
2,843
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.13
1.77
1.83
2.7
8.44
2025
2.05
1.72
1.16
1.16
6.1
2026
1.13
0.72
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.56
2025
2.26
- -
2.49
- -
4.76
2026
- -
- -
- -
- -
- -
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Business
Jinan Acetate Chemical Co., Ltd. (4763.TW) engages in the research, development, production, and sale of cellulose acetate products including cellulose acetate tow, cellulose diacetate, cellulose acetates, and cellulose anhydrides; high-performance fibers such as acetate filament yarn and nylon air textured yarn; and related items like hollow fibers and non-woven materials for masks. Its core cellulose acetate tow serves primarily as the key raw material for cigarette filters, while other products support applications in ink pen refills, paper diapers, facial masks, glasses frames, tool handles, diaper absorbing linings, and clothing. The company operates manufacturing plants in Shandong Province, China, including facilities in Jiyang County, Jinan City and Tengzhou City, Zaozhuang City; maintains offices in Taipei, Taiwan and Jinan, China; and sells to customers across Asia, Europe, America, and Africa. Founded in 1999 and headquartered in Grand Cayman, Cayman Islands, it listed on the Taiwan Stock Exchange in 2015. Through its majority-owned subsidiary Acetek Material Co., Ltd., established via strategic alliances with Yankuang Lunan Chemical Co., Ltd. and Thy Glory Ltd., the company produces acetate flakes and has pursued upstream integration including acetic anhydride capacity expansion; Acetek Material received CNY 37.5 million in equity funding in March 2024; and in 2025, the company announced new share exchange and listing arrangements effective June 30.