AP Memory Technology Corp.

AP Memory Technology Corp.

795.00
TWD
-36.00
(-4.33%)
162.82BMarket Cap
Oct 23Next 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
21.63
19.52
20.19
22.56
28.72
31.66
23.05
24.06
44.67
31.72
26.12
25.84
34.85
- -
Basic EPS, GAAP
4.7
4.93
3.61
2.89
1.7
0.77
-2.67
5.5
13.67
12.09
8.93
9.73
7.74
- -
Free Cash Flow per Basic Share
2.78
4.13
0.58
2.77
2.96
-5.43
1.97
-1.57
15.64
9.52
12.48
8.97
17.21
- -
Dividend per Share
0.7
1.68
1.52
2.24
0.96
0.72
0.25
0.5
2.5
6.03
7
7
6.99
- -
Book Value per Share
7.61
11.03
13.37
17.22
17.44
17.58
15.32
20.97
32.33
67.78
69.89
73.34
75.24
77.04
Tangible Book Value per Share
7.6
11.02
13.37
15.93
16.24
16.26
14.01
20.74
32.22
67.65
69.41
72.95
74.13
76
Basic Weighted Avg Shares
123
125
129
140
148
149
148
148
148
161
162
162
163
163
Sales/Revenue/Turnover
2,667
2,432
2,603
3,162
4,237
4,724
3,417
3,549
6,617
5,095
4,227
4,192
5,666
- -
Operating Margin (%)
25.62
28.83
19.87
16.58
9.96
1.89
-0.13
14.7
35.81
29.44
20.86
25.37
24.68
- -
Depreciation Expense
1
2
4
8
49
48
79
60
73
75
81
90
94
97
Net Income, GAAP
579
614
466
405
251
115
-395
812
2,025
1,942
1,445
1,578
1,258
- -
Effective Tax Rate (%)
17.59
20.36
18.28
23.46
25.62
20.03
- -
13.29
19.44
20.72
10.75
22.36
18.34
- -
Profit Margin (%)
21.72
25.25
17.89
12.81
5.93
2.44
-11.56
22.87
30.61
38.11
34.19
37.65
22.19
- -
Working Capital
929
1,355
1,654
2,385
2,115
2,133
1,621
2,455
3,725
9,774
9,302
9,822
10,652
10,903
LT Debt
- -
- -
- -
13
- -
- -
9
25
51
9
10
12
11
6
Total Equity
951
1,377
1,752
2,905
2,597
2,638
2,163
3,103
4,795
10,951
11,322
11,907
12,364
12,752
Return on Invested Capital (%)
- -
45.02
25.92
15.92
10.75
2.43
- -
15.28
43.96
14.35
6.56
6.68
9.04
- -
Return on Capital (%)
- -
52.78
29.76
17.15
9.13
4.05
- -
27.93
49.65
24.44
12.76
13.34
10.37
- -
Return on Common Equity (%)
- -
52.78
29.76
18.84
9.77
4.41
-16.46
30.83
51.29
24.66
12.98
13.59
10.42
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
221
68
66
LT Borrowings
- -
- -
- -
LT Finance Leases
11
8
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
163
163
163
Market Capitalization
72,893
71,978
162,823

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,939
13,696
14,888
Cash, Cash Equivalents & STI
11,019
11,609
12,268
Accounts Receivable, Net
588
744
793
Inventories
1,145
1,190
1,576
Total Current Liabilities
2,288
3,453
3,985
Payables & Accruals
- -
- -
- -
ST Debt
221
68
66
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.76%
39.06%
3.84%
Free Cash Flow
-120.62%
-208.05%
92.33%
Net Income, GAAP
-74.39%
21.74%
-20.31%
Sales/Revenue/Turnover
12.39%
16.15%
35.16%
Total Cash Common Dividend
59.38%
116.29%
0.18%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
748
945
1,274
1,225
4,192
2025
975
1,329
- -
1,868
5,666
2026
2,100
2,363
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.27
2.28
2.08
3.1
9.73
2025
2.04
-3.37
- -
4.71
7.74
2026
4.15
4.18
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7
2025
- -
- -
- -
- -
6.99
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wen Liang Chen
Full Time Employees
1,844
Sector
Electronic technology
Industry
Semiconductors
Address
No.1 Taiyuan 1st Street Hsinchu HSZ Taiwan 30288
IPO Date
Jun 12, 2015
Business
AP Memory Technology Corporation (6531.TW), founded in 2011 and headquartered in Zhubei City, Hsinchu County, Taiwan, operates as a fabless semiconductor company specializing in the design, development, licensing, manufacturing, and sale of customized memory-related integrated circuit chip products and technologies. The company offers a comprehensive portfolio of low-power, high-performance memory solutions including Pseudo SRAM (PSRAM) such as IoTRAM series for wearable devices and IoT applications, Ultra High Speed (UHS) PSRAM up to 512Mb with DRAM-like bandwidth, Ultra Low Swing (ULS) PSRAM at 32Mb for ultra-low power needs, low power DRAM (LPDRAM), power-efficient customized DRAM, very high bandwidth memory (VHM) for AI and data-intensive applications, artificial intelligence memory products, silicon capacitor (S-SiCap) solutions, and licensing and design services; these products target functional cell phones, Internet of Things (IoT) devices, wearables, mobile connectivity, high-performance computing, edge computing, and display devices. AP Memory conducts operations globally across China, Japan, Taiwan, Europe, America, and other international markets, with offices in Hangzhou, China, and Beaverton, USA, alongside its corporate headquarters in Taiwan. Recent developments include a 2023 strategic investment of NT$500 million to acquire a 9.56% stake in M3 Technology Inc. (6799.TW) to advance 3D stacking and power management applications through close collaboration; a late-2024 joint collaboration agreement with Blueshift Memory and Syntronix, launched January 2025 under a UK-Taiwan bilateral grant worth approximately £2.77 million (including NT$65 million from Taiwan's Department of Industrial Technology), to integrate Blueshift's high-speed memory IP into enhanced VHM chips for AI and high-performance computing over a 30-month period; and strong revenue growth in 2025 driven by S-SiCap entering mass production, with Q3 2025 consolidated revenue reaching NT$1.495 billion, up significantly year-over-year.