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Elite Material TWSE:2383 Stock Report

Last Price

NT$603.00

Market Cap

NT$208.2b

7D

7.1%

1Y

38.5%

Updated

20 Jan, 2025

Data

Company Financials +

Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$208.2b

2383 Stock Overview

Engages in the production and sale of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. More details

2383 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Elite Material Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Elite Material
Historical stock prices
Current Share PriceNT$603.00
52 Week HighNT$634.00
52 Week LowNT$350.50
Beta1.05
1 Month Change1.17%
3 Month Change38.30%
1 Year Change38.46%
3 Year Change119.27%
5 Year Change343.38%
Change since IPO4,457.66%

Recent News & Updates

Recent updates

If EPS Growth Is Important To You, Elite Material (TWSE:2383) Presents An Opportunity

Dec 31
If EPS Growth Is Important To You, Elite Material (TWSE:2383) Presents An Opportunity

There's Reason For Concern Over Elite Material Co., Ltd.'s (TWSE:2383) Massive 25% Price Jump

Dec 04
There's Reason For Concern Over Elite Material Co., Ltd.'s (TWSE:2383) Massive 25% Price Jump

Capital Investments At Elite Material (TWSE:2383) Point To A Promising Future

Nov 29
Capital Investments At Elite Material (TWSE:2383) Point To A Promising Future

Investors Shouldn't Be Too Comfortable With Elite Material's (TWSE:2383) Earnings

Nov 06
Investors Shouldn't Be Too Comfortable With Elite Material's (TWSE:2383) Earnings

Elite Material Co., Ltd. (TWSE:2383) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Nov 04
Elite Material Co., Ltd. (TWSE:2383) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Should You Think About Buying Elite Material Co., Ltd. (TWSE:2383) Now?

Oct 31
Should You Think About Buying Elite Material Co., Ltd. (TWSE:2383) Now?

Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)

Jul 11
Calculating The Fair Value Of Elite Material Co., Ltd. (TWSE:2383)

Is Now The Time To Look At Buying Elite Material Co., Ltd. (TWSE:2383)?

Jun 26
Is Now The Time To Look At Buying Elite Material Co., Ltd. (TWSE:2383)?

Not Many Are Piling Into Elite Material Co., Ltd. (TWSE:2383) Just Yet

Jun 03
Not Many Are Piling Into Elite Material Co., Ltd. (TWSE:2383) Just Yet

These 4 Measures Indicate That Elite Material (TWSE:2383) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Elite Material (TWSE:2383) Is Using Debt Reasonably Well

Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

May 04
Earnings Update: Elite Material Co., Ltd. (TWSE:2383) Just Reported And Analysts Are Boosting Their Estimates

Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?

Apr 26
Do Elite Material's (TWSE:2383) Earnings Warrant Your Attention?

Are Investors Undervaluing Elite Material Co., Ltd. (TWSE:2383) By 28%?

Apr 02
Are Investors Undervaluing Elite Material Co., Ltd. (TWSE:2383) By 28%?

At NT$421, Is Elite Material Co., Ltd. (TWSE:2383) Worth Looking At Closely?

Mar 22
At NT$421, Is Elite Material Co., Ltd. (TWSE:2383) Worth Looking At Closely?

Investors Appear Satisfied With Elite Material Co., Ltd.'s (TWSE:2383) Prospects As Shares Rocket 26%

Feb 26
Investors Appear Satisfied With Elite Material Co., Ltd.'s (TWSE:2383) Prospects As Shares Rocket 26%

Shareholder Returns

2383TW ElectronicTW Market
7D7.1%-1.9%0.5%
1Y38.5%26.3%28.2%

Return vs Industry: 2383 exceeded the TW Electronic industry which returned 26.3% over the past year.

Return vs Market: 2383 exceeded the TW Market which returned 28.2% over the past year.

Price Volatility

Is 2383's price volatile compared to industry and market?
2383 volatility
2383 Average Weekly Movement5.3%
Electronic Industry Average Movement5.2%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2383 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2383's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aDing-Yu Dongwww.emctw.com/en-global

Elite Material Co., Ltd. engages in the production and sale of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. the company also offers printed circuit board; and engages in prepreg business. Its products are used in various industries, including mobile devices; cloud data centers; infrastructure network; electric vehicle, and autonomous driving applications.

Elite Material Co., Ltd. Fundamentals Summary

How do Elite Material's earnings and revenue compare to its market cap?
2383 fundamental statistics
Market capNT$208.17b
Earnings (TTM)NT$8.92b
Revenue (TTM)NT$58.70b

23.3x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2383 income statement (TTM)
RevenueNT$58.70b
Cost of RevenueNT$42.36b
Gross ProfitNT$16.34b
Other ExpensesNT$7.42b
EarningsNT$8.92b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)25.83
Gross Margin27.84%
Net Profit Margin15.19%
Debt/Equity Ratio50.5%

How did 2383 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 20:36
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Elite Material Co., Ltd. is covered by 25 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Skye ChenAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited
Mike YangBofA Global Research