Tricorntech Corporation

Tricorntech Corporation

TTWSE:6909
48.50
TWD
-4.20
(-7.97%)
1.31EPS
40.28P/E
3.70BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.35
5.18
5.51
7.04
6.77
8.22
8.56
8.21
Basic EPS, GAAP
-1.33
0.15
0.34
2.05
1.55
1.55
1.01
1.37
Free Cash Flow per Basic Share
-1.86
0.31
-1.21
3.39
1.7
1.73
0.72
-0.45
Dividend per Share
- -
- -
- -
- -
0.07
0.8
1.04
- -
Book Value per Share
7.46
7.66
8.15
11.47
13.13
13.81
15.96
15.22
Tangible Book Value per Share
6.04
6.41
7.08
10.54
12.37
13.22
15.53
14.87
Basic Weighted Avg Shares
50
53
53
56
60
60
64
65
Sales/Revenue/Turnover
167
275
290
395
407
496
551
538
Operating Margin (%)
-39.22
4.24
6.13
16.77
13.5
16.13
15.21
17.12
Depreciation Expense
24
27
26
31
36
33
34
38
Net Income, GAAP
-67
8
18
115
93
93
65
90
Effective Tax Rate (%)
- -
- -
- -
- -
- -
6.43
19.33
17.44
Profit Margin (%)
-39.88
2.89
6.14
29.1
22.9
18.81
11.77
16.66
Working Capital
326
353
405
569
653
723
970
909
LT Debt
15
7
14
4
11
1
11
16
Total Equity
448
460
489
688
791
844
1,073
1,023
Return on Invested Capital (%)
- -
1.85
3.49
- -
- -
8.83
6.96
7.41
Return on Capital (%)
- -
1.74
3.68
- -
- -
11.23
6.7
8.81
Return on Common Equity (%)
- -
1.75
3.75
19.52
12.59
11.42
6.77
8.9

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
15
15
LT Borrowings
- -
- -
- -
LT Finance Leases
11
19
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
2,662
2,924
3,703

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,133
1,108
1,031
Cash, Cash Equivalents & STI
713
669
565
Accounts Receivable, Net
48
84
83
Inventories
121
148
177
Total Current Liabilities
163
204
122
Payables & Accruals
- -
- -
- -
ST Debt
7
15
15
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.19%
27.22%
Free Cash Flow
- -
-197.6%
-55.69%
Net Income, GAAP
- -
124.19%
-30.51%
Sales/Revenue/Turnover
- -
15.56%
11.08%
Total Cash Common Dividend
- -
- -
39.39%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
55
96
157
188
496
2025
130
86
120
215
551
2026
102
102
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
0.22
0.59
0.94
1.55
2025
0.26
-0.46
0.25
0.96
1.01
2026
0.07
0.1
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.8
2025
- -
- -
- -
- -
1.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wang Leo
Full Time Employees
136
Sector
Electronic technology
Industry
Semiconductors
Address
No. 866-8, Zhongzheng Road New Taipei City TP Taiwan 23586
IPO Date
Mar 30, 2023
Business
TricornTech Taiwan Corporation manufactures and sells semiconductor process control systems and volatile organic compounds (VOC) analyzers in Taiwan. The company offers MiTAP S500 Series VOC analyzers designed exclusively for semiconductor applications; MiTAP SFT Series rapid response total VOC (tVOC) analyzers; MiTAP Cart Systems as mobile sampling carts; MiTAP P310 Series VOC analyzers for environmental applications in mobile or fixed deployments; MiTAP Manifold Systems as multi-channel smart systems integrated with client control centers for total fab environmental control; MiTAP DNAPL Series and MiTAP UTLD Series VOC analyzers for groundwater and soil contamination detection; semiconductor fast VOC analyzers; multi-point sampling analysis systems; and environment-specific VOC analyzers, with customized hardware and software solutions for airborne molecular contamination (AMC) monitoring and cross-domain applications including pollution control, yield enhancement, and ambient air quality management. Founded in 2013 and headquartered at No. 866-8, Zhongzheng Road, 17th Floor, New Taipei City, Taiwan, TricornTech Taiwan operates primarily in the industrials and technology sectors, serving semiconductor fabrication facilities, steel, petrochemical, food manufacturing, medical, and public environmental clients across Taiwan and with a presence in the United States. In recent developments, the company expanded its 2nm business initiatives in the first half of 2025 to achieve record revenue; showcased new products featuring AI and computational fluid dynamics (CFD) for advanced process AMC monitoring at SEMICON Taiwan 2025 in September; participated in the 2025 Nordic-Taiwan Innovation Forum for High-Tech Facilities in October with a featured presentation; and reported strong monthly revenue growth including third-quarter 2025 financials and October results, reflecting robust demand in the airborne molecular contamination monitoring market.