PlayNitride, Inc.

PlayNitride, Inc.

TTWSE:6854
90.80
TWD
-0.20
(-0.22%)
14.52BMarket Cap
Nov 11Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
16.95
14.11
3.86
8.68
16.5
11.75
- -
Basic EPS, GAAP
- -
-206.88
-83.82
-5.39
-4.72
0.56
-1.02
- -
Free Cash Flow per Basic Share
- -
-123.41
-58.11
-3.38
-7.37
-1.43
-8.22
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
19.02
21.81
22.52
17.97
18.94
33.12
29.12
Tangible Book Value per Share
- -
18.87
21.68
22.1
17.58
18.62
33
28.63
Basic Weighted Avg Shares
102
7
15
105
109
107
115
117
Sales/Revenue/Turnover
- -
122
205
404
943
1,768
1,352
- -
Operating Margin (%)
- -
-646.99
-592.35
-190.87
-59.62
0.6
-10.18
- -
Depreciation Expense
- -
182
238
286
264
268
259
- -
Net Income, GAAP
- -
-1,494
-1,218
-565
-513
60
-117
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-1,220.47
-594.25
-139.8
-54.38
3.4
-8.66
- -
Working Capital
- -
1,315
1,570
1,697
1,188
1,378
3,938
2,549
LT Debt
- -
65
85
42
16
81
846
464
Total Equity
- -
2,068
2,370
2,448
1,953
2,059
3,878
3,410
Return on Invested Capital (%)
- -
- -
- -
- -
- -
0.49
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
2.91
- -
- -
Return on Common Equity (%)
- -
-144.57
-54.91
-23.43
-23.31
3
-3.94
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
172
914
1,413
LT Borrowings
770
502
393
LT Finance Leases
76
83
71
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
117
117
Market Capitalization
15,746
15,980
14,517

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,375
4,107
4,240
Cash, Cash Equivalents & STI
2,612
2,646
2,536
Accounts Receivable, Net
915
530
412
Inventories
586
644
625
Total Current Liabilities
437
1,213
1,691
Payables & Accruals
- -
- -
- -
ST Debt
172
914
1,413
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.29%
88.34%
Free Cash Flow
- -
99.96%
517.85%
Net Income, GAAP
- -
-97.57%
-294.83%
Sales/Revenue/Turnover
- -
72.39%
-23.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
206
323
525
714
1,768
2025
300
205
- -
488
1,352
2026
136
151
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.79
-0.29
0.55
1.08
0.56
2025
-0.48
-3.15
- -
1.99
-1.02
2026
-2.14
-1.99
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Yun Li Li
Full Time Employees
432
Sector
Electronic technology
Industry
Semiconductors
Address
No. 13, Kezhong Road Miaoli TP Taiwan 350401
IPO Date
Aug 18, 2022
Business
PlayNitride Inc. specializes in the research, development, manufacture, and sale of MicroLED display products, modules, and panels. Its core product offerings include proprietary MicroLED technologies such as PixeLED Display, SMAR·Tech repair technology, PixeLED Matrix modular displays, ultra-fine resolution micro-displays for augmented reality (AR), high-resolution flexible and wearable MicroLED displays, and borderless modular MicroLED display solutions. The company serves various markets including consumer electronics, AR/VR devices, automotive displays, and wearable technology. Founded in 2014 and headquartered in Taiwan, PlayNitride operates primarily in Taiwan, Korea, and Japan, maintaining partnerships with leading display manufacturers and system providers. In recent developments, PlayNitride has initiated a second MicroLED chip production line supported by a capital raise of approximately USD 64 million focused on facility upgrades and new production technology investments. The company hosted the 2024 MicroLED Technology Forum to showcase its comprehensive MicroLED solutions and cutting-edge display applications. Notably, PlayNitride partners strategically with key industry players such as Epistar and Ennostar, collaborating on micro-LED chip production and mass transfer solutions. The firm is actively expanding its presence in emerging markets like automotive display applications with ongoing negotiations in Europe and the rollout of AR glasses and wearable devices targeted for early 2025. Despite a recent dip in revenues, PlayNitride continues to innovate with a strong emphasis on mass production viability and commercial adoption of MicroLED technology globally. It remains a recognized leader in MicroLED display R&D and holds a prominent portfolio of technology patents and proprietary solutions tailored to diverse display markets.