1. Taiwan Stocks

  2. •

    Electronic technology

  3. •

    Semiconductors
Formosa Advanced Technologies Co., Ltd.

Formosa Advanced Technologies Co., Ltd.

TTWSE:8131
60.70
TWD
-1.90
(-3.04%)
2.34EPS
30.81P/E
31.84BMarket Cap
Nov 11Next Earn
Formosa Advanced Technologies Co., Ltd.
TWSE:8131
(Taiwan Stock Exchange)

Recent

price

60.70

P/E

ratio

30.81

div

yld

0.00%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
26.73
26.82
24.09
19.6
20.81
19.81
19.2
17.84
19.87
21.39
21.95
22.48
23.59
17.3
20.2
22.43
25.2
Revenue per Share
3.46
2.69
0.66
0.26
1.91
2.55
2.31
3.15
3.21
2.85
3.17
3.52
4.65
1.2
2.04
1.36
2.34
Basic EPS, GAAP
0.48
5.43
8.31
6.02
3.14
5.48
4.35
1.73
-2.24
1.67
5.3
5.84
6.2
2.58
2.6
-1.04
-2.71
Free Cash Flow per Basic Share
0.9
2.5
1.6
1
0.4
1.39
2
2
2.5
2.5
2.2
2.3
2.5
3.3
0.9
1.45
- -
Dividend per Share
21.28
21.25
20.23
19.49
21.03
22.18
23.23
25.06
25.68
25.85
26.72
27.82
28.74
26.7
24.66
27.69
34.82
Book Value per Share
21.28
21.25
20.23
19.49
21.03
22.18
23.23
25.06
25.68
25.85
26.72
27.82
28.74
26.7
24.66
27.69
34.82
Tangible Book Value per Share
442
442
442
442
442
442
442
442
442
442
442
442
442
442
442
442
443
Basic Weighted Avg Shares
11,820
11,861
10,654
8,667
9,204
8,761
8,491
7,888
8,786
9,458
9,707
9,939
10,433
7,649
8,933
9,921
11,158
Sales/Revenue/Turnover
14.75
13.26
4.19
-0.14
11.32
16.42
14.59
14.81
17.22
15.63
17.37
18.84
18.61
4.41
8.6
7.18
11.3
Operating Margin (%)
2,467
3,130
3,472
2,676
1,963
1,571
1,406
976
1,177
1,716
1,633
1,426
1,275
1,170
952
669
599
Depreciation Expense
1,528
1,190
292
117
844
1,127
1,023
1,393
1,420
1,262
1,403
1,557
2,055
530
900
603
1,035
Net Income, GAAP
9.38
19.76
34.22
41.83
21.28
17.9
18.81
12.14
18.88
21.2
17.63
19.09
18.66
14.93
18.61
18.63
18.78
Effective Tax Rate (%)
12.93
10.03
2.74
1.35
9.17
12.87
12.04
17.66
16.17
13.35
14.45
15.67
19.7
6.93
10.08
6.07
9.27
Profit Margin (%)
572
555
2,298
2,951
5,024
6,608
7,089
7,273
5,561
5,381
6,578
8,136
9,364
8,705
8,299
8,264
6,511
Working Capital
3,304
2,628
1,600
- -
- -
- -
- -
- -
- -
502
468
432
520
480
436
392
370
LT Debt
9,411
9,399
8,945
8,620
9,302
9,809
10,271
11,081
11,356
11,430
11,815
12,302
12,711
11,807
10,907
12,247
15,398
Total Equity
11.46
7.68
2.38
-0.07
9.09
12.18
9.88
9.52
10.77
9.8
11.26
11.88
11.92
2.21
5.22
4.76
7.56
Return on Invested Capital (%)
11.36
8.73
2.6
1.29
9.41
11.79
10.18
13.05
12.64
10.83
11.57
12.44
15.82
4.18
7.63
5.04
7.78
Return on Capital (%)
17.26
12.65
3.19
1.33
9.41
11.8
10.18
13.05
12.66
11.08
12.07
12.91
16.43
4.33
7.93
5.21
8
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
44
44
44
LT Borrowings
- -
- -
- -
LT Finance Leases
392
381
370
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
442
442
442
Market Capitalization
28,612
25,737
31,840

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,443
10,085
10,177
Cash, Cash Equivalents & STI
5,114
5,239
4,835
Accounts Receivable, Net
1,812
1,886
1,947
Inventories
1,009
1,167
1,308
Total Current Liabilities
1,179
1,988
3,666
Payables & Accruals
- -
- -
- -
ST Debt
44
44
44
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.41%
1%
12.29%
Free Cash Flow
-44.77%
-36.26%
-139.96%
Net Income, GAAP
3.44%
1.11%
-33.07%
Sales/Revenue/Turnover
2%
1.71%
11.07%
Total Cash Common Dividend
- -
6.73%
61.16%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,360
2,338
2,080
2,155
8,933
2025
2,230
2,102
- -
2,954
9,921
2026
2,945
3,157
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
0.64
0.28
0.33
2.04
2025
0.34
-0.5
- -
0.91
1.36
2026
0.96
0.97
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.9
2025
- -
- -
- -
- -
1.45
2026
- -
- -
- -
- -
- -
Similar Companies
NVIDIA Corporation (NASDAQ:NVDA)
Micron Technology, Inc. (NASDAQ:MU)
Advanced Micro Devices, Inc. (NASDAQ:AMD)
Intel Corporation (NASDAQ:INTC)
Broadcom Inc. (NASDAQ:AVGO)
Marvell Technology, Inc. (NASDAQ:MRVL)
Business
Formosa Advanced Technologies Co., Ltd. (Ticker: 8131.TW) is a Taiwanese company primarily engaged in the manufacture and sale of semiconductor materials and electronic chemical products. Its core products include semiconductor photoresists, specialty electronic chemicals for semiconductor manufacturing, and advanced materials used in the production of integrated circuits and other electronic devices. The company serves semiconductor manufacturers and operates primarily in Taiwan, with its products supporting chip fabrication processes pivotal to the global electronics industry. Founded in 1983, Formosa Advanced Technologies is headquartered in Hsinchu, Taiwan. The company offers a broad portfolio of product categories such as photoresists, which are critical to semiconductor photolithography; chemical mechanical polishing (CMP) slurries and pads; etching and cleaning chemicals; and advanced material solutions tailored for semiconductor wafer fabrication. These products are designed to meet stringent technological requirements of semiconductor fabs, supporting major foundries and electronic component manufacturers. In recent years, Formosa Advanced Technologies has pursued strategic growth through expansions in R&D capabilities and production capacity to capture increasing demand in the semiconductor sector. Most notably, over the last 1-2 years, the company has announced partnerships and collaborations to enhance its technology offerings and entered into capital investments aimed at scaling up operations for new advanced materials. It has also introduced new product lines aligned with next-generation semiconductor manufacturing process nodes. These developments reflect a strategic shift towards deeper integration in the semiconductor supply chain and reinforcing its position as a key supplier in the Asia-Pacific region. Formosa Advanced Technologies operates within the semiconductor materials industry, targeting semiconductor fabricators, integrated circuit manufacturers, and electronics companies as its primary customer segments. The company is part of the broader Formosa Plastics Group conglomerate. Its geographic footprint predominantly covers Taiwan, with growing service and supply relationships in East Asia and globally, given the international reach of the semiconductor manufacturing ecosystem. Overall, Formosa Advanced Technologies positions itself as a technologically advanced supplier of essential semiconductor chemicals and materials, leveraging extensive experience since its 1983 founding and headquartered in Taiwan’s Hsinchu Science Park, a hub for high-tech industry innovation. Its latest initiatives around strategic partnerships and new product introductions underscore ongoing commitment to supporting semiconductor industry evolution and customer needs.