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4960.TW — TAI Electronic Equipment & Parts

Cheng Mei Materials Technology Corp

$28,95
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Mcap
16,4B TWD
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
-15,5 %
ROE
-19,9 %
Net margin
-16,9 %
Debt / equity
0,55
Beta
—
52w range
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Volume
—
Day range
—
Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

Cheng Mei Materials Technology Corp is a manufacturer of electronic equipment and parts, primarily generating revenue through the production and sale of components for the technology sector.

Business. Cheng Mei Materials Technology Corp (4960.TW) is a technology equipment company operating in the electronic equipment and parts industry. The firm generates revenue through the sale of products within this sector. Specific details regarding its operating segments and geographic presence are not available. The company is listed under the ticker 4960.TW.

Classification92 %
SectorTechnology
Business sectorTechnology Equipment
IndustryElectronic Equipment & Parts
ActivityTechnology Equipment
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
31
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-19,9 %
return on equity
Quality→
56
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 4960.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 4960.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score31 / 100
    Composite score 0-100 · Data quality 0,56
    Data quality0,56 / 1.00

    Synthesis

    Business

    Cheng Mei Materials Technology Corp (4960.TW) is a technology equipment company operating in the electronic equipment and parts industry. The firm generates revenue through the sale of products within this sector. Specific details regarding its operating segments and geographic presence are not available. The company is listed under the ticker 4960.TW.

    Classification92 %
    SectorTechnology
    Business sectorTechnology Equipment
    IndustryElectronic Equipment & Parts
    ActivityTechnology Equipment
    AI synthesis
    GENERATED

    Cheng Mei Materials Technology Corp has a market price of 34.25 TWD per share, with a market capitalization of 19,375,978,500 TWD. The company's price-to-book ratio is 2.64, and its price-to-tangible-book ratio is also 2.64, indicating that the market is valuing the company at a premium to its book value. The enterprise value to EBITDA ratio is negative at -17.17, reflecting the company's current unprofitability. The enterprise value to revenue ratio is 2.65, suggesting that the company is trading at a multiple of its revenue.

    The company's profitability metrics are concerning. The return on equity is -19.92%, and the return on assets is -11.27%, both significantly below the industry median for Electronic Equipment & Parts. The company reported a net loss of 1,462,717,000 TWD, with an operating loss of 1,336,025,000 TWD and a gross loss of 388,933,000 TWD. These figures indicate that the company is not currently generating positive returns for its shareholders or asset base.

    Cheng Mei's revenue is concentrated in the Technology Equipment sector, with no disclosed geographic breakdown. The company's exposure to this sector is high, and its performance is closely tied to the demand for electronic equipment and parts. The company's reliance on a single business sector increases its vulnerability to sector-specific downturns.

    The company's growth trajectory is negative. Revenue for the latest period was 8,643,190,000 TWD, and the company is expected to see a decline in revenue in the current fiscal year. The operating cash flow is negative at -541,033,000 TWD, and the free cash flow is also negative at -1,344,720,000 TWD. The company's capital expenditure was -322,436,000 TWD, indicating that it is not investing in new projects or capacity.

    The company faces several risk factors. The liquidity risk is rated as medium, with a current ratio of 2.64, which is relatively healthy but not robust. The debt-to-equity ratio is 0.55, indicating a moderate level of leverage. The company has a long-term debt of 4,067,338,000 TWD and cash and equivalents of 508,327,000 TWD, resulting in a net cash position that is negative after subtracting total debt. The dilution risk is rated as low, with no immediate pressure for share dilution.

    Recent events and filings indicate that the company is facing financial challenges. The latest financial statements show a significant net loss and negative cash flows. The company has not disclosed any major recent events or strategic initiatives that could reverse its current financial trajectory.

    Key takeaways
    • Cheng Mei Materials Technology Corp is currently unprofitable, with a net loss of 1,462,717,000 TWD and negative returns on equity and assets.
    • The company's valuation multiples, such as price-to-book and enterprise value to revenue, suggest a premium valuation despite poor financial performance.
    • The company's revenue is concentrated in the Technology Equipment sector, increasing its vulnerability to sector-specific downturns.
    • The company's liquidity position is moderate, with a current ratio of 2.64 and a debt-to-equity ratio of 0.55.
    • The company is not investing in new projects or capacity, as indicated by its negative capital expenditure.
    • The company faces a high risk of continued financial underperformance and potential liquidity constraints.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $28,95
    Market cap
    $19.38B
    Enterprise valueⓘ
    $22.93B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    2.6x
    P / Tangible bookⓘ
    2.6x
    Tangible book
    $7.34B
    Net cashⓘ
    -$3.56B
    Current ratioⓘ
    2.6
    Debt / equityⓘ
    0.6
    ROAⓘ
    -11.3%
    ROEⓘ
    -19.9%
    Cash conversionⓘ
    37.0%
    CapEx / revenueⓘ
    -3.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin-15,5 %Bottom quartile
    Net Margin-16,9 %Bottom quartile
    ROE-19,9 %Bottom quartile
    Capex / Rev-3,7 %Above median
    D/E0,55Below median
    Cash Conv0,37Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • Cheng Mei Materials Technology Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    4960.TWCanonical
    TAI · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage