Chroma ATE Inc.

TWSE:2360 Stock Report

Market Cap: NT$944.8b

Chroma ATE Past Earnings Performance

Past criteria checks 5/6

Chroma ATE has been growing earnings at an average annual rate of 23.5%, while the Electronic industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 10.5% per year. Chroma ATE's return on equity is 42.1%, and it has net margins of 40.3%.

Key information

23.54%

Earnings growth rate

23.37%

EPS growth rate

Electronic Industry Growth14.81%
Revenue growth rate10.50%
Return on equity42.13%
Net Margin40.33%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update May 03

2360: Higher Margin Assumptions Will Likely Sustain An Overstretched Share Price

Analysts have raised their price target on Chroma ATE to NT$1,774 from NT$1,387, citing updated assumptions that combine slightly higher discount and revenue growth inputs with a stronger profit margin outlook and a somewhat lower future P/E multiple. Valuation Changes Fair Value: NT$1,386.86 to NT$1,774.07, reflecting a higher assessed valuation level.
Narrative Update Apr 19

2360: Richer Fair Value And Higher Future P/E Will Likely Hurt Returns

Analysts have raised their fair value estimate for Chroma ATE to NT$626.81 from NT$620.99, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: NT$626.81, modestly above the prior NT$620.99 estimate.
Narrative Update Apr 04

2360: Richer Fair Value And Higher Future P/E Will Likely Hurt Returns

Analysts have revised their price target on Chroma ATE from around NT$475 to about NT$621, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: increased from NT$474.82 to NT$620.99, indicating a higher assessed equity value per share in the updated model.
Narrative Update Mar 21

2360: Higher Assumed Margins Will Likely Sustain An Overstretched Share Price

Analysts have raised their price target for Chroma ATE from about NT$828 to around NT$1,387, based on updated assumptions that include higher projected revenue growth, stronger profit margins, a slightly lower discount rate and a similar forward P/E multiple. Valuation Changes Fair Value: NT$827.69 has been revised to NT$1,386.86, representing a large step up in the modelled estimate.
Narrative Update Mar 06

2360: Higher Margin Outlook Will Likely Deepen Future P/E Compression

Analysts have lifted their NT$ price target for Chroma ATE by around 5%, reflecting updated assumptions that combine higher projected revenue growth and slightly stronger profit margins with a lower forward P/E multiple and a modestly reduced discount rate. Valuation Changes Fair Value: NT$450.17 to NT$474.82, implying a modest uplift in the modelled intrinsic value range.
Narrative Update Feb 20

2360: Higher Margin Assumptions Will Likely Tighten Future P/E Headroom

Analysts have trimmed their 12 month price target for Chroma ATE from about NT$466 to around NT$450, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: model estimate reduced slightly from NT$465.84 to NT$450.17.
Narrative Update Feb 05

2360: Higher Margin Assumptions Will Likely Expose Future P/E Compression Risk

Analysts have raised their price target for Chroma ATE from $350.00 to approximately $465.84, citing updated assumptions that include higher revenue growth, stronger profit margins and a lower future P/E multiple. Valuation Changes Fair Value Estimate revised from NT$350.00 to about NT$465.84, reflecting a higher assessed worth per share under the updated assumptions.
Narrative Update Jan 22

2360: Stable Fair Value And Margins Will Support Strong Future Upside Potential

Analysts have kept their price target for Chroma ATE steady at $1,180.00, citing slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E that offset each other and leave their overall valuation view unchanged. Valuation Changes Fair Value: Kept unchanged at NT$1,180.00, indicating no shift in the overall valuation outcome.
Narrative Update Jan 08

2360: Higher Expected P/E Multiple Will Drive Significant Future Upside Potential

Analysts now see fair value for Chroma ATE at $1,180, up from $1,050. They point to slightly adjusted assumptions around revenue growth, profit margins and future P/E expectations as the drivers of this change.
Narrative Update Dec 15

2360: Stronger Profit Margins Are Expected To Drive Significant Upside Potential

Analysts have significantly raised their price target on Chroma ATE from TWD 505 to TWD 1,050, citing expectations for faster revenue growth, higher sustainable profit margins, and a richer future earnings multiple. Valuation Changes Fair Value: raised significantly from NT$505 to NT$1,050, reflecting a more optimistic assessment of Chroma ATE's long term earnings potential.
Narrative Update Nov 30

2360: Revenue And Margins Improvements Are Expected To Support Fair Valuation

Chroma ATE's analyst price target has been revised upward from $809.17 to $827.69, as analysts cite slight improvements in projected revenue growth and profit margins. Valuation Changes Fair Value Estimate has risen slightly from NT$809.17 to NT$827.69.
Narrative Update Nov 15

2360: Future Revenue Upside Expected To Offset Profit Margin Pressures

Analysts have increased their fair value estimate for Chroma ATE from $742.50 to approximately $809.17. They cite improved revenue growth expectations, despite a slight drop in profit margin forecasts and a higher projected future P/E ratio.
Narrative Update Nov 01

2360: Rising Earnings Multiples Will Increase Downside Risk Ahead

Analysts have raised Chroma ATE's fair value estimate from $536.25 to $742.50. This change reflects heightened optimism driven by improved revenue growth projections and stronger margins.
Narrative Update Oct 18

Accelerating AI And 5G Trends Will Drive Industry Expansion

Analysts have reaffirmed their fair value estimate for Chroma ATE at $536.25. They cite minimal changes in company fundamentals and performance metrics as the basis for maintaining their target.
Narrative Update Oct 03

Accelerating AI And 5G Trends Will Drive Industry Expansion

Analysts have raised their price target for Chroma ATE from $518.75 to $536.25, citing an improved profit margin outlook and minor adjustments in growth and valuation metrics. Valuation Changes Fair Value Estimate: Increased slightly from NT$518.75 to NT$536.25.
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New Narrative Dec 08

Semiconductor And Photonics Expansion Propels Growth As Advanced Packaging Drives Margins Higher

Strong growth in semiconductor and photonics sectors is driving revenue diversification and tapping into high-growth markets.

Revenue & Expenses Breakdown

How Chroma ATE makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2360 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2633,30513,4336,1132,757
31 Dec 2528,31111,6925,6712,556
30 Sep 2525,77010,6185,4742,572
30 Jun 2524,9916,9785,4282,429
31 Mar 2524,0516,4325,2622,320
31 Dec 2421,6045,2645,0652,199
30 Sep 2420,5894,5874,7961,965
30 Jun 2419,8054,3864,5941,894
31 Mar 2418,7063,9974,4671,804
31 Dec 2318,6763,9794,3271,757
30 Sep 2319,7244,0434,4021,856
30 Jun 2321,5384,5494,5061,944
31 Mar 2322,0575,1914,4961,955
31 Dec 2222,0675,1064,4001,917
30 Sep 2220,5844,9014,2271,775
30 Jun 2218,1993,9633,9561,609
31 Mar 2217,7092,7833,9601,546
31 Dec 2117,5844,1793,8641,511
30 Sep 2117,1724,2083,6791,456
30 Jun 2117,0523,9983,7061,444
31 Mar 2116,4354,1013,3711,393
31 Dec 2015,5332,3243,4051,342
30 Sep 2015,8322,2413,5461,319
30 Jun 2015,0862,1383,3481,308
31 Mar 2014,5382,0293,3891,303
31 Dec 1913,9101,8543,2381,283
30 Sep 1913,3561,7293,1711,270
30 Jun 1913,8571,8613,1301,256
31 Mar 1916,2072,4113,1951,248
31 Dec 1816,9312,5463,1641,255
30 Sep 1818,2222,9563,1911,252
30 Jun 1818,2393,2103,1491,260
31 Mar 1815,5922,7022,8961,235
31 Dec 1714,9012,5582,8131,212
30 Sep 1712,4622,0522,5541,172
30 Jun 1712,0921,7602,5131,124
31 Mar 1711,7901,6872,4671,078
31 Dec 1611,6241,7202,3811,035
30 Sep 1611,4101,5882,345989
30 Jun 1610,3511,4962,256940
31 Mar 1610,3791,4342,189915
31 Dec 159,6921,2372,128873
30 Sep 159,7391,3062,071873
30 Jun 1510,3071,3112,074863

Quality Earnings: 2360 has a large one-off gain of NT$3.9B impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: 2360's current net profit margins (40.3%) are higher than last year (26.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2360's earnings have grown significantly by 23.5% per year over the past 5 years.

Accelerating Growth: 2360's earnings growth over the past year (108.9%) exceeds its 5-year average (23.5% per year).

Earnings vs Industry: 2360 earnings growth over the past year (108.9%) exceeded the Electronic industry -2%.


Return on Equity

High ROE: 2360's Return on Equity (42.1%) is considered outstanding.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 08:50
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chroma ATE Inc. is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Warren LauAletheia Analyst Network Limited
S. H. LinAletheia Analyst Network Limited
Sebastian HouBarclays