Elite Material Co Ltd

Elite Material Co Ltd has a market capitalization of 1.9 trillion TWD, with a price-to-earnings ratio of 958.16 and a price-to-book ratio of 72.98, indicating a highly valued equity position relative to its book value. The company's liquidity position is characterized by a current ratio of 1.29, suggesting moderate short-term liquidity, while its cash and equivalents amount to 3.04 billion TWD, which is significantly lower than its long-term debt of 13.08 billion TWD, resulting in a negative net cash position.

In terms of profitability, Elite Material Co Ltd reports a return on equity (ROE) of 7.62% and a return on assets (ROA) of 3.34%, which are relatively low compared to the industry's preferred metrics. The company's operating income of 2.54 billion TWD and net income of 1.98 billion TWD reflect a gross profit margin of 29.0%, which is in line with the industry median but does not indicate exceptional profitability.

The company's revenue is concentrated in the semiconductor materials segment, with no disclosed geographic diversification in the provided data. This concentration may expose the company to specific market risks, particularly in the volatile semiconductor industry.

Looking at the growth trajectory, the company's revenue for the latest period is 12.9 billion TWD. While the outlook for the current fiscal year is not explicitly provided, the high price-to-earnings and price-to-revenue ratios suggest that the market is pricing in significant future growth expectations.

The risk assessment for Elite Material Co Ltd indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.5 suggests a moderate level of leverage, but the negative net cash position raises concerns about its ability to meet short-term obligations without additional financing.

Recent events, such as analyst estimates and price targets, indicate a mixed sentiment among investors. The mean price target is 4,710.31 TWD, with a median of 5,234.00 TWD, and a high of 5,800.00 TWD, suggesting a range of expectations. The mean recommendation of 1.65, with 6 strong-buy and 11 buy ratings, indicates a generally positive outlook from analysts.

Revenue surged 46.4% year-over-year to TWD 94.3 billion in FY2026, demonstrating robust top-line growth momentum.

Net income expanded 52.9% to TWD 14.6 billion in FY2026, outpacing revenue growth and indicating operating leverage.

Free cash flow turned positive at TWD 783 million in FY2026, reversing previous years of negative cash generation.

Long-term debt increased to TWD 20.1 billion in FY2026, reflecting a rising leverage profile amid aggressive expansion.

The debt-to-equity ratio of 0.5 is below the cohort median, but rising debt levels warrant monitoring for credit risk.

Medium liquidity and credit risk flags indicate potential vulnerabilities in the company's financial stability profile.

Revenue TWD 24.93B, +34,3% YoY; Operating income +34,5% YoY.

• ▍Revenue TWD 24.93B, +34,3% YoY
• ▍Operating income +34,5% YoY
• ▍Net income +41,1% YoY
• ▍Free cash flow +88,0% YoY
• ▍Net margin 15.0%

Revenue TWD 25.15B, +44,0% YoY; Operating income +57,6% YoY.

• ▍Revenue TWD 25.15B, +44,0% YoY
• ▍Operating income +57,6% YoY
• ▍Net income +57,6% YoY
• ▍Free cash flow +36,0% YoY
• ▍Net margin 15.8%

Revenue TWD 22.51B, +45,7% YoY; Operating income +58,8% YoY.

• ▍Revenue TWD 22.51B, +45,7% YoY
• ▍Operating income +58,8% YoY
• ▍Net income +42,8% YoY
• ▍Free cash flow −19,0% YoY
• ▍Net margin 15.5%

Revenue TWD 21.68B, +68,0% YoY; Operating income +79,0% YoY.

• ▍Revenue TWD 21.68B, +68,0% YoY
• ▍Operating income +79,0% YoY
• ▍Net income +75,3% YoY
• ▍Free cash flow +29,8% YoY
• ▍Net margin 16.0%

Revenue TWD 18.56B; Operating income TWD 3.32B.

• ▍Revenue TWD 18.56B
• ▍Operating income TWD 3.32B
• ▍Net margin 14.3%

Revenue TWD 17.46B; Operating income TWD 3.17B.

• ▍Revenue TWD 17.46B
• ▍Operating income TWD 3.17B
• ▍Net margin 14.4%

Revenue TWD 15.45B; Operating income TWD 2.92B.

• ▍Revenue TWD 15.45B
• ▍Operating income TWD 2.92B
• ▍Net margin 15.8%

Revenue TWD 12.90B; Operating income TWD 2.54B.

• ▍Revenue TWD 12.90B
• ▍Operating income TWD 2.54B
• ▍Net margin 15.3%

Revenue TWD 94.26B, +46,4% YoY; Operating income +56,0% YoY.

• ▍Revenue TWD 94.26B, +46,4% YoY
• ▍Operating income +56,0% YoY
• ▍Net income +52,9% YoY
• ▍Free cash flow −61,2% YoY
• ▍Net margin 15.5%

Revenue TWD 64.38B, +55,9% YoY; Operating income +62,7% YoY.

• ▍Revenue TWD 64.38B, +55,9% YoY
• ▍Operating income +62,7% YoY
• ▍Net income +74,5% YoY
• ▍Free cash flow +853,8% YoY
• ▍Net margin 14.9%

Revenue TWD 41.30B, +6,8% YoY; Operating income +18,0% YoY.

• ▍Revenue TWD 41.30B, +6,8% YoY
• ▍Operating income +18,0% YoY
• ▍Net income +8,2% YoY
• ▍Free cash flow +93,2% YoY
• ▍Net margin 13.3%

Revenue TWD 38.67B, +0,5% YoY; Operating income −10,1% YoY.

• ▍Revenue TWD 38.67B, +0,5% YoY
• ▍Operating income −10,1% YoY
• ▍Net income −7,7% YoY
• ▍Free cash flow −396,3% YoY
• ▍Net margin 13.1%