1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: major diversified
Daxin Materials Corporation

Daxin Materials Corporation

TTWSE:5234
291.50
TWD
-3.50
(-1.19%)
8.35EPS
46.63P/E
40.11BMarket Cap
Nov 11Next 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
36.92
32.43
32.89
35.25
41.95
42.96
44.11
41.83
43.94
37.86
41.51
40.09
45.07
47.25
Basic EPS, GAAP
4.2
2.96
2.6
3.44
5.07
6.38
6.33
6.15
6.62
4.15
5.1
5.56
7.37
8.37
Free Cash Flow per Basic Share
5.67
-0.85
2.36
2.84
2.94
5.6
5.69
7.65
3.77
4.87
4.92
6.54
6.89
7.03
Dividend per Share
2.73
2.6
2
1.82
3
3.18
5
5
5
5.3
3.3
4.1
5
- -
Book Value per Share
18.1
18.46
19.06
20.68
22.56
25.76
27.09
28.24
29.86
28.71
30.52
31.97
34.34
32.28
Tangible Book Value per Share
18.09
18.45
19.03
20.66
22.51
25.73
27.06
28.2
29.83
28.69
30.5
31.95
34.29
32.22
Basic Weighted Avg Shares
98
103
103
103
93
103
103
103
103
103
103
103
103
103
Sales/Revenue/Turnover
3,612
3,331
3,378
3,620
3,917
4,413
4,531
4,296
4,513
3,889
4,264
4,118
4,630
4,856
Operating Margin (%)
13.49
10.24
8.99
10.94
13.81
16.84
16.76
17.35
17.28
11.34
14.25
14.74
18.42
19.04
Depreciation Expense
115
124
135
160
155
178
202
222
216
221
260
271
272
268
Net Income, GAAP
411
304
267
353
473
656
650
631
680
426
523
571
757
861
Effective Tax Rate (%)
16.61
12.94
12.99
11.66
11.68
13.19
13.5
12.5
11.82
12.17
13.56
13.36
14.33
14.14
Profit Margin (%)
11.38
9.12
7.9
9.76
12.07
14.86
14.36
14.69
15.08
10.96
12.27
13.86
16.35
17.72
Working Capital
1,089
964
894
1,037
1,060
1,301
1,405
1,677
1,665
1,582
1,814
1,993
2,062
1,756
LT Debt
16
180
108
16
32
- -
194
343
375
443
420
397
224
228
Total Equity
1,859
1,896
1,958
2,124
2,317
2,646
2,783
2,900
3,067
2,949
3,135
3,284
3,528
3,315
Return on Invested Capital (%)
20.19
13.89
11.69
15.6
20.17
24.55
22.1
19.82
19.53
10.76
14.41
13.74
18.57
21.05
Return on Capital (%)
21.11
14.61
12.19
16.01
20.37
25.74
22.89
20.2
20.37
12.37
14.79
15.4
19.79
23.4
Return on Common Equity (%)
22.98
16.18
13.85
17.3
21.3
26.42
23.96
22.22
22.8
14.17
17.21
17.78
22.23
26.73

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
124
124
140
LT Borrowings
80
51
86
LT Finance Leases
144
144
142
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
103
103
Market Capitalization
35,642
33,896
40,111

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,422
3,537
3,052
Cash, Cash Equivalents & STI
1,803
1,870
1,323
Accounts Receivable, Net
1,174
1,196
1,224
Inventories
416
435
482
Total Current Liabilities
1,360
2,004
1,295
Payables & Accruals
- -
- -
- -
ST Debt
124
124
140
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.15%
4.07%
7.41%
Free Cash Flow
17.79%
3.56%
5.34%
Net Income, GAAP
13.6%
6.98%
32.66%
Sales/Revenue/Turnover
3.54%
1.97%
12.43%
Total Cash Common Dividend
- -
- -
21.95%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
949
1,028
1,073
1,067
4,118
2025
1,106
1,151
1,186
1,186
4,630
2026
1,201
1,282
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.11
1.4
1.3
1.75
5.56
2025
1.88
1.55
1.9
2.03
7.37
2026
2.21
2.23
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.1
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Cheng-Yi Lin
Full Time Employees
441
Sector
Process industries
Industry
Chemicals: major diversified
Address
Central Taiwan Science Park Taichung TXG Taiwan 40763
IPO Date
Jul 9, 2012
Website
daxinmat.com
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Business
Daxin Materials Corporation (5234.TW) is a Taiwan-based design house specializing in the research, development, manufacture, and sale of specialty chemical materials for the semiconductor and optoelectronic industries. Founded in 2006 and headquartered at No. 15, Keyuan 1st Road, Xitun District, Taichung, Taiwan, the company offers three core product categories: semiconductor materials, including organic release layers, high-purity solvents, photoresist strippers, special protection materials, high-selectivity copper etchants, high-purity polymers, laser release layers, and photosensitive dielectrics; display materials, such as photoresists, polyimide alignment layers, copper etchants, photo overcoats, thermal overcoats, wet chemicals, LCD materials, touch panel materials, and flexible OLED/EPD materials; and key raw materials, comprising anhydride monomers, key functional monomers, and silicon-based anode materials for lithium-ion batteries. Daxin Materials also provides instrument analysis services, including composition analysis, impurity analysis, quantitation analysis, and material testing for semiconductors, flat panel displays, solar energy, and chemical applications. The company serves customers in Taiwan, China, Japan, and internationally, targeting high-tech sectors like electronics, automotive, energy, and photovoltaics with customized, value-added solutions leveraging expertise in materials design, equipment technology, and process development. In recent developments, Daxin Materials launched five new semiconductor products in 2024, expanding its lineup to nine items and driving semiconductor revenue beyond 10% of total sales for the first time; the company is also expanding production capacity at its Chungkang new plant to meet rising customer demand and accelerating international partnerships.