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Elite Material TWSE:2383 Stock Report

Last Price

NT$350.50

Market Cap

NT$120.3b

7D

-8.5%

1Y

109.9%

Updated

22 Apr, 2024

Data

Company Financials +

Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$120.3b

2383 Stock Overview

Elite Material Co., Ltd. produces and sells copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally.

2383 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Elite Material Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elite Material
Historical stock prices
Current Share PriceNT$350.50
52 Week HighNT$550.00
52 Week LowNT$150.00
Beta1.06
1 Month Change-18.01%
3 Month Change-20.16%
1 Year Change109.88%
3 Year Change92.58%
5 Year Change259.49%
Change since IPO2,549.19%

Recent News & Updates

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?

Recent updates

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%

Elite Material Co., Ltd. (TPE:2383) Shares Could Be 23% Below Their Intrinsic Value Estimate

Apr 28
Elite Material Co., Ltd. (TPE:2383) Shares Could Be 23% Below Their Intrinsic Value Estimate

Here's Why We Think Elite Material (TPE:2383) Is Well Worth Watching

Apr 04
Here's Why We Think Elite Material (TPE:2383) Is Well Worth Watching

Is Elite Material Co., Ltd. (TPE:2383) A Smart Pick For Income Investors?

Mar 23
Is Elite Material Co., Ltd. (TPE:2383) A Smart Pick For Income Investors?

Elite Material Co., Ltd.'s (TPE:2383) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Mar 11
Elite Material Co., Ltd.'s (TPE:2383) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Why Elite Material Co., Ltd. (TPE:2383) Could Be Worth Watching

Feb 27
Why Elite Material Co., Ltd. (TPE:2383) Could Be Worth Watching

A Look Into Elite Material's (TPE:2383) Impressive Returns On Capital

Feb 14
A Look Into Elite Material's (TPE:2383) Impressive Returns On Capital

Elite Material (TPE:2383) Seems To Use Debt Rather Sparingly

Feb 01
Elite Material (TPE:2383) Seems To Use Debt Rather Sparingly

Are Investors Undervaluing Elite Material Co., Ltd. (TPE:2383) By 32%?

Jan 19
Are Investors Undervaluing Elite Material Co., Ltd. (TPE:2383) By 32%?

Shareholders Of Elite Material (TPE:2383) Must Be Happy With Their 266% Total Return

Jan 06
Shareholders Of Elite Material (TPE:2383) Must Be Happy With Their 266% Total Return

Does Elite Material (TPE:2383) Deserve A Spot On Your Watchlist?

Dec 24
Does Elite Material (TPE:2383) Deserve A Spot On Your Watchlist?

Has Elite Material Co., Ltd.'s (TPE:2383) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 09
Has Elite Material Co., Ltd.'s (TPE:2383) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Is It Time To Consider Buying Elite Material Co., Ltd. (TPE:2383)?

Nov 26
Is It Time To Consider Buying Elite Material Co., Ltd. (TPE:2383)?

Shareholder Returns

2383TW ElectronicTW Market
7D-8.5%-6.2%-5.7%
1Y109.9%23.0%23.8%

Return vs Industry: 2383 exceeded the TW Electronic industry which returned 23% over the past year.

Return vs Market: 2383 exceeded the TW Market which returned 23.8% over the past year.

Price Volatility

Is 2383's price volatile compared to industry and market?
2383 volatility
2383 Average Weekly Movement9.0%
Electronic Industry Average Movement5.3%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.5%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2383's share price has been volatile over the past 3 months.

Volatility Over Time: 2383's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

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

Elite Material Co., Ltd. produces and sells copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. It also offers printed circuit board; and engages in prepreg business. The company engages in electronics, telecommunications equipment, and batteries wholesale and retail business; generates and distributes power; manufactures machinery; and engages in import/ export business.

Elite Material Co., Ltd. Fundamentals Summary

How do Elite Material's earnings and revenue compare to its market cap?
2383 fundamental statistics
Market capNT$120.28b
Earnings (TTM)NT$5.49b
Revenue (TTM)NT$41.30b

21.9x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2383 income statement (TTM)
RevenueNT$41.30b
Cost of RevenueNT$29.96b
Gross ProfitNT$11.33b
Other ExpensesNT$5.84b
EarningsNT$5.49b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)15.99
Gross Margin27.44%
Net Profit Margin13.29%
Debt/Equity Ratio37.2%

How did 2383 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

58%

Payout Ratio
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